What is the fair market value of a Subaru Impreza?
The fair market value of a Subaru Impreza can vary depending on several factors, including the vehicle's age, mileage, condition, and location. On average, a used Subaru Impreza in good condition can range from $15,000 to $25,000, with the exact value depending on the specific details of the vehicle.
Factors Affecting Subaru Impreza Fair Market Value
The fair market value of a Subaru Impreza is primarily influenced by the following factors:
- Age and Mileage: Newer Imprezas with lower mileage will generally have a higher fair market value than older, high-mileage models.
- Condition: The overall condition of the vehicle, including the interior, exterior, and mechanical components, will significantly impact the fair market value.
- Location: The geographic region and local market conditions can also affect the fair market value of a Subaru Impreza.
- Optional Features: Imprezas equipped with additional features, such as all-wheel drive, premium audio systems, or advanced safety technologies, may have a higher fair market value.
To determine the precise fair market value of a specific Subaru Impreza, it's recommended to research recent sales data for similar vehicles in your local area, as well as consult industry resources like Kelley Blue Book or Edmunds.
Researching Subaru Impreza Fair Market Values
When researching the fair market value of a Subaru Impreza, consider the following steps:
- Check Online Pricing Guides: Websites like Kelley Blue Book, Edmunds, and NADA Guides provide detailed pricing information for used vehicles, including the Subaru Impreza.
- Search Local Listings: Browse online classifieds and dealer websites to find similar Subaru Imprezas listed for sale in your local area. This can give you a better sense of the current market conditions and pricing.
- Consider Vehicle History: Review the vehicle's history report, which can provide information on the car's previous ownership, maintenance, and any reported accidents or damage.
- Negotiate Based on Condition: Once you have a good understanding of the fair market value, you can negotiate the price based on the specific condition of the Subaru Impreza you're interested in purchasing.
By considering these factors and conducting thorough research, you can determine a fair and accurate market value for a Subaru Impreza, ensuring a successful transaction for both the buyer and the seller.
How much is a Subaru Impreza market price?
All Subaru Impreza pricing and specs
| Year | Price From* | Price To* |
|---|---|---|
| 2024 | $27,830 | $40,480 |
| 2023 | $23,320 | $40,040 |
| 2022 | $18,480 | $33,990 |
| 2021 | $18,150 | $30,140 |
How much can I sell my Subaru Impreza for?
6Edmunds Appraisal Report
2024 Subaru Impreza trade-in prices range from $16,957 - $24,827. Get a more accurate value for your car with the Edmunds appraisal tool.
Do imprezas hold their value?
In terms of resale value, the Impreza holds its own as one of the best in the compact car category. It typically retains around 65% of its value after three years, making it a wise investment for those who prioritize long-term value.
What is considered high mileage for a Subaru Impreza?
According to various tests and user reports, Subarus, including the Impreza, can last between 150,000 and 200,000 miles. They can remain operational for over 15 years without significant issues. This coincides with Subaru's claims that 96% of the cars sold in the past decade are still on the road.
What is the resale value of a Subaru Impreza?
A 2022 Subaru Impreza has depreciated $8,078 or 36% in the last 3 years and has a current resale value of $14,012 and trade-in value of $11,994.
Are Subaru Impreza going up in value?
First-generation Subaru Impreza prices have soared over the past few years. Once considered the preserve of a relatively small enthusiast group, the model has become much more appreciated by the mainstream thanks to the rise in Japanese Domestic Market (JDM) classics as a whole, and demand for the top model, the 22B.
