2004 Subaru WRX STI: FIPE Table & Market Insights

Hey car enthusiasts! Ever wondered about the 2004 Subaru WRX STI and its value? Let's dive deep into the FIPE Table (Tabela FIPE) and what it means for this iconic car. We'll explore the factors that influence its price, how to use the FIPE table effectively, and some cool insights into the market for this legendary machine. Buckle up, guys; it's going to be an exciting ride!

Understanding the FIPE Table: Your Guide to Car Prices

So, what exactly is the FIPE Table? The FIPE (Fundação Instituto de Pesquisas Econômicas) table is a crucial tool in Brazil for determining the average market prices of vehicles. Think of it as the ultimate price guide, especially when it comes to cars. The FIPE Table is widely used by insurance companies, car dealerships, and individuals to assess the value of a car. It's essentially the standard reference point for vehicle pricing in the Brazilian market. For anyone looking to buy, sell, or insure a car, the FIPE table is your best friend. It provides a benchmark to understand fair market value, helping you avoid overpaying or underselling your vehicle.

This table is based on extensive research and data collection. Each month, FIPE compiles data on sales transactions across the country, considering various factors like model, year, and condition. The data is then processed to calculate an average price for each vehicle. The FIPE table is not just about the numbers; it’s about understanding the market trends and how they impact the value of your car. By using the FIPE table, you gain valuable insights into how your vehicle stacks up against others in the market, allowing you to make informed decisions. It helps in the process of buying and selling cars, insuring your car, and even financing.

For the 2004 Subaru WRX STI, the FIPE Table provides a snapshot of its market value. The price reflected in the table is an average based on the car's specifications, condition, and market demand. While the FIPE Table provides a valuable guideline, it's essential to remember that it is just that: a guideline. Real-world prices can vary based on several factors, including the car's overall condition, mileage, modifications, and location. Let’s face it, the market can be very dynamic. Things like rare features, unique modifications, or even the car's history can swing the price either way. Also, the popularity of the vehicle plays a part. When a car is sought-after, the prices might go up. So, keep that in mind when you are using the FIPE table as a reference.

Accessing and Using the FIPE Table

Accessing the FIPE table is a piece of cake. The official FIPE website is where you will find the most up-to-date information. Just head over to the website, select the 'Cars' option, and then specify the make, model, and year of the 2004 Subaru WRX STI to find its current average price. Remember to consider the variations in your car. This can mean checking for special editions or other details that might affect the value. Also, be sure to note the month when you are checking for prices, as they can fluctuate. The prices are usually updated monthly, so you will want to keep track of this.

When using the FIPE Table, keep in mind that the price listed is an average. It's a starting point for assessing the value of the car. However, you'll need to consider additional factors to get a more accurate idea of your car's value. Check out the car’s condition, as it will affect the actual market price. A car in pristine condition will likely command a higher price than one with visible wear and tear. Also, compare the price of other similar cars on the market. Browse listings of 2004 Subaru WRX STIs in your area to get a sense of what other sellers are asking for. And finally, consider any special features or modifications on the car. These things could impact the price positively or negatively.

Decoding the 2004 Subaru WRX STI

Let’s get into the specifics of the 2004 Subaru WRX STI. This model year is particularly well-regarded by enthusiasts. It was a time when Subaru was really hitting its stride with the STI. These cars are known for their high-performance capabilities, rally-inspired handling, and distinctive design. The 2004 WRX STI is powered by a turbocharged 2.5-liter flat-four engine, generating impressive horsepower and torque figures. The car's all-wheel-drive system provides exceptional grip and control, making it a blast to drive in various conditions. This is a car that loves to be pushed.

Some of the key features of the 2004 Subaru WRX STI include its aggressive styling, with a large rear wing, hood scoop, and sporty alloy wheels. Inside, the car boasts supportive seats, a performance-oriented dashboard, and a range of tech features. This model year also introduced some notable improvements. These enhancements made the 2004 STI a favorite among car enthusiasts. The overall build quality and driving experience were praised. Many consider the 2004 Subaru WRX STI to be a benchmark in its class. These cars are now considered a classic among those in the automotive world.

When evaluating a 2004 Subaru WRX STI, take a close look at its maintenance history and overall condition. A well-maintained car will fetch a higher price, so it's essential to check for any signs of wear and tear, rust, or previous damage. The engine and drivetrain should be inspected for any leaks, unusual noises, or performance issues. The interior should also be examined. Things like the seats, dashboard, and other components, since they can impact the car's value.

Factors Influencing the Market Value

Several factors play a role in determining the market value of the 2004 Subaru WRX STI. One of the main factors is the car's condition. A car in excellent condition with low mileage will naturally be more valuable than one that has seen more use and needs some work. Also, the mileage is something to keep an eye on. Cars with lower mileage generally command a premium. The market also takes into account any modifications the car might have. Aftermarket parts and upgrades can increase or decrease the value depending on the type and quality of those upgrades. Some modifications are very popular.

Also, the car’s service history is super important. A vehicle with a complete and well-documented service history gives potential buyers confidence. Originality is a big factor as well. Cars that are mostly original, or have original components are often more sought after by collectors. The demand for the model in the market impacts the value. The 2004 Subaru WRX STI is highly sought after by enthusiasts. This has helped maintain its value over time. You should also consider the location. The regional market demand can also influence the price. And finally, economic factors, like the overall health of the economy, and the price of other similar cars, all play a role in the market.

The Market for the 2004 Subaru WRX STI

The market for the 2004 Subaru WRX STI is dynamic, influenced by its reputation as a high-performance sports car and its cult following. The demand for this model remains strong among enthusiasts and collectors. However, the supply is limited due to the car's age, and the demand is high. This can lead to variations in the prices. There is a strong and active community around the 2004 Subaru WRX STI. The community loves to share information, resources, and experiences related to the car. If you are trying to buy or sell, or even if you just own one, this community can be a great resource.

The 2004 Subaru WRX STI is not just a car; it's an investment and a passion project for many. Collectors and enthusiasts often seek out examples in pristine condition. These cars can fetch prices significantly higher than the average FIPE value. Cars with rare features or those that have been meticulously maintained are also highly prized. Knowing what to look for when buying or selling an STI can help you navigate the market and make informed decisions. Also, consider any potential future trends that might affect the value. The classic car market can be influenced by changes in taste.

Tips for Buying and Selling

If you're looking to buy a 2004 Subaru WRX STI, do your research and inspect the car thoroughly. Be sure to look for any signs of damage or previous repairs. Check the car's maintenance records, and consider getting a pre-purchase inspection from a trusted mechanic. Set a realistic budget and be prepared to negotiate. If you are selling your 2004 Subaru WRX STI, prepare the car by cleaning it thoroughly. Repair any minor issues to make it as appealing as possible to potential buyers. Gather all the service records and any documentation to provide to potential buyers. Take high-quality photos and videos to showcase the car's condition. Price your car competitively and be ready to negotiate.

Summary

The 2004 Subaru WRX STI remains a desirable car for many. The FIPE Table is an essential tool for understanding its market value in Brazil. By understanding how the FIPE Table works, the factors influencing its market value, and the market dynamics, you can make informed decisions when buying, selling, or simply appreciating this legendary car. Whether you're a seasoned car enthusiast, or just starting out, hopefully, this guide has given you a better understanding of the 2004 Subaru WRX STI. So, go out there, do your research, and enjoy the ride!