Surprisingly good value?

[saffaclint79]

I came across 2 cars online a couple days ago and was surprised at the prices. Both the S401 and the S402 have very similar k's and are near enough nz$28k all up. 

I'm tempted to pull the trigger on one but not sure which will appreciate more? I've seen some S401's go for pretty good money, nothing like Nissan GTR's but still good. 

What do you all think. 

[Loren]

I think the value might be quite subjective. I just see a $20k premium for some plastic badges.

Edited September 29, 2022 by Loren

[saffaclint79]

Fair enough, each to their own. 

[Loren]

Taste aside, I just don't see a market for these anywhere. Could be wrong, I am quite often.

Edited September 29, 2022 by Loren

[Joker]

Still just a TT Leggy to most : very limited resale Market

 

Doubt that'd be an "investment" tbh

 

but if you like it, that's ok too

 

30k would be better spent on a fairly unmolested V1-6 GC8 or V7 /8 STI

 

I am also out of touch with car world : I drive a Santa Fe' & the Gravel Express is Killing Lawn slowly

[saffaclint79]

3 hours ago, Joker said:

Still just a TT Leggy to most : very limited resale Market

 

Doubt that'd be an "investment" tbh

 

but if you like it, that's ok too

 

30k would be better spent on a fairly unmolested V1-6 GC8 or V7 /8 STI

 

I am also out of touch with car world : I drive a Santa Fe' & the Gravel Express is Killing Lawn slowly

You're not wrong 🥺. I think they're cool but a better investment as you say would be a GC8. I think the S401 & S402 are a niche product. 

[Andy_Mac]

4th gens are a more appreciated vehicle in general with it being the first gen that the US got proper turbo’s versions so they’d probably be more inclined to jump on if ever allowed for import. Aussie tbSTI’s still typically go for just under 20k so by that logic 28k for one of these isn’t too steep. 

[newsuba]

On 29/09/2022 at 7:13 PM, Loren said:

I think the value might be quite subjective. I just see a $20k premium for some plastic badges.

 

Yep.

S401 got 9 more kw, 6speed gearbox, big brakes, limited edition blah blah but also carrried an extra 70kg so performance same as regular Legacy RSK

 

https://www.autocar.co.nz/from-the-archives-2003-subaru-legacy-s401-sti/

 

S402 got more bang

 

https://www.whichcar.com.au/reviews/2008-subaru-legacy-sti-s402-review-classic-motor