Subaru Impreza 22b Wrx At Pickles?

[Game]

Hi, I've found another car that some of you may be keen on.... however, this car was at Edward Lees before it made it to auction.. go figure

http://www.pickles.com.au/cars/vehicle/CP-...lotid-103149596

Link to youtube video,

You guys can clearly see build plate at the one minute mark or so 186/400

EDIT: Is that a mismatched bonnet I see?

Edited June 1, 2010 by Game

[Kujotk]

I love them but i wouldn't buy a private import one, in australia they are worth a fraction of the price an aussie delivered 22b would get, fake km's, no books, no spare keys, it's an Edward Lee car.

Then again in 30 years time it'll be worth sending back to japan to sell it there and make a pretty penny with their enthusiasts.

Beautiful car but it shouldn't have come over to Australia, lol at Edward Lee

[krzysiu]

It's on his website for 73 grand!!! Get f**ked haha

[Kujotk]

i'd pay $80k for one of the OZ delivered ones with full service history, 100% original parts, full key set, great condition, genuine low milage. I wouldn't consciously pay more than $40k for that car especially when there is no history at all, for all we know it's been written off and some smart guy has repaired it and shipped it over here.

[Iron Chef]

Back up a bit kids - for all you know, the car may well be legit and the owner has it at Edward Lee's on consignment, hence the fact that it is also going through Pickles.

Given there were only 5 or so sold locally in Australia, you'd have a 0% chance of picking up one for less than $100K, and so that's actually a pretty reasonable price for what it is. Definitely a collectible.

[Kujotk]

Back up a bit kids - for all you know, the car may well be legit and the owner has it at Edward Lee's on consignment, hence the fact that it is also going through Pickles.

Given there were only 5 or so sold locally in Australia, you'd have a 0% chance of picking up one for less than $100K, and so that's actually a pretty reasonable price for what it is. Definitely a collectible.

lol at Edward Lee for consignment, that's suicide.

I know you can get an import in aswell Cheff, but the fact is an OZ delivered just got $90k, I'd rather the OZ delivered at that price than an import pushing $70-$80k purely because you will definately get your money back later.

0% picking one up? there was an OZ delivered 22b at either mosman or double bay for sale last month or month before for $90k, service history and prestine condition. (aparently it was OZ delivered).

I started looking into them when an old guy drove one to visit my neighbour a few months ago. An import 22b as an investment is a fail.

10 year old performance car costing $70k with no history isn't worth that price, but if you really want one and your not fussed about resell then your not fussed about price, in which case you might aswell offer $200k for the car...

Same thing with exotic imports, for starters they are worth alot less, 2nd they usually have major problems as they dont have service records and their is no history of the car, 3rd they are next to impossible to sell (unless its for race use or you find a cashed up sucker to buy it).

It's like getting one of our OZ delivered 22b's and sending it to Japan to sell, it will always be worth allot less than the original jap ones they have there.

[Mr Eps]

as i keep saying in every other thread about this sort of thing

if someone wants to pay that for a car - let them

they're getting a decent price for a rare car

no spare keys no service history? who cares, you're buying a car - not a bunch of statistics n paperwork

[Import Monster]

A neat 22b in Japan still sells for 3.5-4 million yen as a minimum (for one worth having) so that's a purchase price of $50k ish just in Japan, before you pay freight, duties and so on. For me, a good one is worth every bit of $70k for if it popped up, but I have lusted after a 22B for the last 12 years so in my eyes, they're very desireable car.

Normally I'd be inclined to agree with locally delivered models being worth more - this is certainly the case with the 2 door version 5 STI which was offered in 1999, we only got 399 of them. But in Japan, the 2 door STI is nothing special as it was just another car available in the Subaru lineup. However in the case of the 22b, there were only 400 of them made available world wide and god knows how many have been rallied into the ground by now. Hand made alloy widebody guards, stroked motor, DCCD and that fat stance.. I'd give my left nadular for one I wouldn't care if the car came from Antarctica originally, they're a car that's going to be worth very big dollars in the future in my humble opinion!

[Kujotk]

A neat 22b in Japan still sells for 3.5-4 million yen as a minimum (for one worth having) so that's a purchase price of $50k ish just in Japan, before you pay freight, duties and so on. For me, a good one is worth every bit of $70k for if it popped up, but I have lusted after a 22B for the last 12 years so in my eyes, they're very desireable car.

Normally I'd be inclined to agree with locally delivered models being worth more - this is certainly the case with the 2 door version 5 STI which was offered in 1999, we only got 399 of them. But in Japan, the 2 door STI is nothing special as it was just another car available in the Subaru lineup. However in the case of the 22b, there were only 400 of them made available world wide and god knows how many have been rallied into the ground by now. Hand made alloy widebody guards, stroked motor, DCCD and that fat stance.. I'd give my left nadular for one I wouldn't care if the car came from Antarctica originally, they're a car that's going to be worth very big dollars in the future in my humble opinion!

no one says they are not going to keep going up, but here in OZ, the OZ delivered one for $90k with history ect, Versus a $70+ jap/uk import. The OZ delivered will be the thing that sells the car if you ever have to, and you will get much much more interest in it in Australia, even if they were identical cars inside and out, for a difference of $20k today could mean $50k+ difference in 10 years time when it's time to sell, not to mention 9 people out of 10 would rather buy the OZ delivered than a private import.

If I was buying a 22b, I would have bought the OZ delivered one a couple months ago over a private import purely because I know it is the better choice between the two and chances are I won't be sitting on it for 6 months waiting for it to sell like an import 22b would if it came tme to sell it.

If it wasn't for Subaru bringing a few out to OZ, the import ones would be selling for $90k instead of $70k

[Import Monster]

no one says they are not going to keep going up, but here in OZ, the OZ delivered one for $90k with history ect, Versus a $70+ jap/uk import. The OZ delivered will be the thing that sells the car if you ever have to, and you will get much much more interest in it in Australia, even if they were identical cars inside and out, for a difference of $20k today could mean $50k+ difference in 10 years time when it's time to sell, not to mention 9 people out of 10 would rather buy the OZ delivered than a private import.

If I was buying a 22b, I would have bought the OZ delivered one a couple months ago over a private import purely because I know it is the better choice between the two and chances are I won't be sitting on it for 6 months waiting for it to sell like an import 22b would if it came tme to sell it.

If it wasn't for Subaru bringing a few out to OZ, the import ones would be selling for $90k instead of $70k

You're right in respect of those Aussie ones having a greater value locally, but the truth is there were only 4 brought to Australia - one of which is owned by Nick Senior (Subaru Aust CEO) and the others in the hands of some very very lucky buggers! I'd honestly rather save the $20-30k and buy an import as I'd HAVE to use the car on a regular basis - but spending $90k on a car like that, I'd be inclined to do minimal KMs to preserve it's value down the track.

What I do think though, is that the collectibility of these cars on an international level in years to come will be the primary driver of their value. Their rarity will drive the demand and it will be the condition of the car, not the country it was delivered in that's going to matter.

Now I just need to win lotto, get my hands on one and wait

I think someone at DOTARS must own one, that's why they introduced the rule of only permitting one personal import every 5 years instead of every 12 months - reduces their competition!

[mxfly]

1 of the 4 locally sold cars was owned by James Packer with the number plates, "2". But I'm not sure if he still owns it.

[Import Monster]

1 of the 4 locally sold cars was owned by James Packer with the number plates, "2". But I'm not sure if he still owns it.

Nice, I didn't know that!

[sanjuu-ni]

lol at Edward Lee for consignment, that's suicide.

I know you can get an import in aswell Cheff, but the fact is an OZ delivered just got $90k, I'd rather the OZ delivered at that price than an import pushing $70-$80k purely because you will definately get your money back later.

0% picking one up? there was an OZ delivered 22b at either mosman or double bay for sale last month or month before for $90k, service history and prestine condition. (aparently it was OZ delivered).

I started looking into them when an old guy drove one to visit my neighbour a few months ago. An import 22b as an investment is a fail.

10 year old performance car costing $70k with no history isn't worth that price, but if you really want one and your not fussed about resell then your not fussed about price, in which case you might aswell offer $200k for the car...

Same thing with exotic imports, for starters they are worth alot less, 2nd they usually have major problems as they dont have service records and their is no history of the car, 3rd they are next to impossible to sell (unless its for race use or you find a cashed up sucker to buy it).

It's like getting one of our OZ delivered 22b's and sending it to Japan to sell, it will always be worth allot less than the original jap ones they have there.

The one you refer to at Double Bay was the one at Vaucluse, I think you will find, and it was a recently arrived Japanese import.

There was an Australian delivered one sold through a dealer in North Sydney about 2 years ago and that went for over $100,000.

[Kujotk]

Wow the car got passed in at $59k, guess you guys were wrong wern't you, import 22b's are worth even less than I even thought it was going to get at auction, I thought it would hit atleast $63 because of excited enthusiasts. I still don't think it's worth more than $40k + transfer, auction fee, rego, ect... so something around $50k all up is what it is worth maximum in todays climate in this country.

[kimbod]

It's like any commodity. It's what people will pay for ,in this case a 10 yr old car. Really if you want one, doesn't matter if it's aust delivered or jap especially if it's rare and has full history

[Iron Chef]

Wow the car got passed in at $59k, guess you guys were wrong wern't you, import 22b's are worth even less than I even thought it was going to get at auction, I thought it would hit atleast $63 because of excited enthusiasts. I still don't think it's worth more than $40k + transfer, auction fee, rego, ect... so something around $50k all up is what it is worth maximum in todays climate in this country.

Sorry, I didn't realise this was a competition

[Import Monster]

I see cars pass in at auction all the time, same with houses. Doesn't lessen their intrinsic value.

[Kujotk]

...

[Import Monster]

...

I wouldn't have put a car like that through auction personally, it's such a specific type of market and customer, you've just got to sit on your hands until the right person comes along. Like selling a historic or classic car - to the right person, they're worth the money. Plenty of people want them but can't justify the price for what would be a sunday driver.

[mxfly]

I agree with IM. There was a GTHO Phase III that went through Shannons and it only fetched $331,000. Seller was expecting much more as an identical car sold for almost double that last year. There were also talks of other cars that sold for over a mil through private treaty a few years ago.

I'd certainly be pissed if your collectable would only fetch a fraction of what other cars have been selling for in the past..