I own a P1 and not the one in question and yes I see it as a valuable asset as the depreciation that it has had since purchase is the lowest I have had on any car.

My comment on trolling was more about your comments regarding too many doors and tow bars, it was only short of it not being green to be a full blow troll post

 

Strange - I didn't say it had too many doors (if anything it has too few) and I said that it cannot tow anything, nothing about towbars? 'Full Blown Troll Post'? Do me a favour!

I thought you may own a P1 as you're a little tetchy about any comments which may cast a shadow over the bright esteem you hold yours in - fair enough.

When I looked at the P1 - it was an option when I bought mine all those years ago - I saw a notice in it which stated that you must not tow with it. This destroyed any idea I had of owning one, as the car was to be the family workhorse ..... towing if need be and allowing people to get in the back without the driver having to get out first. As a toy I can see it having some merit.

I'm glad that you are happy with your P1 - the OP asked about the worth of a P1, to my mind £10,000 is a heck of a high price to consider paying for a fallen Icon ........ love the Impreza as I do that's hard to say - but, it has had its day and all values are on the floor (or under it).

 

Not tetchy, I work for the undercover P1 task force that make sure people do not undervalue the P1 hence keeping all resell values high.
It's a cunning plan I just cant bring myself to sell to reap the benefits of our hard work!

 

Get back undercover then and stop mis-leading the simple

 

just one thing to say the p1 is a over priced car,...
always has been and always will be..
thats why i brought the type-r,saved 5k by buying a -r
and raced many p1's and they are only good in one place ....
..........the rear veiw mirror.................
racing at santa pod only one p1 beat me, but was running 100bhp(0.9 faster) more than me..
and i was pulling 13's with 300bhp
for a fun car the type-r wins hands down..
and before you say anything .been in a few p1's(not impressed) and a couple of 22b's(very impressed)
the type-r goes between the two,faster point to point than p1,but never gives you a smile like a 22b...

 

I'm really new to the Subaru marque being a Ford man but this is exactly the same in the Ford world comparing the 3dr Cosworth (which i have) and the RS500, both built from exactly the same shell and look identical bar different bumper and spoiler and bigger turbo, extra 4 injectors, bigger cooler, and some other bits but the premium difference is £15000 between the two cars, mine is valued at around £14500 and a RS500 in the same condition with like mine 435bhp would cost £30000 so it a big question is it really worth it.

Back to the P1, yes i would pay big money for the right car as i think they are amazing - they look perfect and really the only other car i would chop the Cossie in for.

 

There were only 1,000 P1's ... assuming that 500 are smashed or messed about with, then the people wanting one will usually be an equal match of those for sale - so values may remain strong.

 

but there is a big diffrence between the 3 dr cossie to a rs500...
they took all the good bits off a type-r and added more style..


point being if you took all the good bits off a rs500 and made it better looking would you pay more???????????????
answer on the back of a post card too
pay more for less.
po box rip off
you mug..... haha

 

now that make the P1 a true classic in my book..just look at the prices for the Rs escort,
lancia intergralle.............they are all fallen icons .

 

The RS Escort and Integrale had no competition from within their own ranks I don't think?

But, the P1 has all kinds of different versions competing for the crown of the best Impreza ever made - the 22B is highly thought of, for example.

 

The P1 was a very good UK spec car, but in its year it was far from the best, the type R's and type RA's were far better cars with higher spec's out of the box.
As for the best UK car, well considering a good 50% have had engine rebuilds (one or more times ) its not exactly up there for being one of the best, 22B, well yes, rare and pretty much pampered throughout the build process, alas though not the best but one of the most iconic (and I feel this is the word your looking for rather than best).
If you want the best livable then you want one of the "S" series cars (though not the S201, damn its ugly) or for those who want a bit more hard core, one of the Spec C's or variants

Tony

 

I've driven the P1 and it is fantastic. It looks fantastic, better than any other Impreza [bar the 22b] and I would love one.
10k for the right car is a reasonable price [in the P1 world] however a standard unabused P1 could still be a recipe for disaster.
I would certainly go for a forged rebuilt enthusiast owned P1. This would be bullet proof and would have been remapped and be good for 350 bhp.

If you do want that exclusivity of owning the P1 go for it. If you want a rapid 2 door then go for the Type R but again rebuilds are all common place with these cars so do the homework.

 

Kick myself for not buying an Integrale. I drove an EVO1 and then a P1 soon afterwards and decided I really didn't like the EVO1.

At the time, the one I was looking at was about 6.5-7K. You can't even get a knackered one for under 10K these days. Similar with E30 M3, you used to see sub £6K now £10K min.

Not sure you'll see that with P1.

P1 - £8K

UK Turbo - £2K

Its not going to take 6K to make the UK the same if not more of a car than the P1.

Type R - £5K

Its not going to cost £3K to have a UK 5th put on the Type R. You could probably get a 6 speed in the type R for the same cost as the P1.

There is a P1 near to me for sale and £8K seems really rather steep. Lovely as it is - I even found myself thinking I'd rather be in the E46 330i coupe across the road.

 

did they make a 1000 to each yr they were produced as they were produced if i'm right on w , x , y & 51 plates that would then make 4000 produced but i don't know

i know i've seen a couple in breakers yards and the 1 muslim chap in b-ham who had 1 he writ off was tellin me he was gonna swap the plaques/badges to a type r so always check what your buying

 

They made 500 then demand added another 500 so 1000 in total, those ones you see on the 51 plates are the last of that final 500 batch so over the 2000-2001 period they sold all 1000 of them (they were an MY00 car so only one years production).

Tony

 

I have owned a 22B alongside my P1 for the past 18months and back-to-back I can honestly say that the P1 is a far more capable car. If you rate the 22B above the Type-R you cannot possibly discount the P1.

They both give very different experiences- I love the sharp steering of the 22B and the fact that the gearing allows you to reach 5th and never need to change gear...ever.....once you are rolling but as a point-to-point machine, the P1's set up it far more capable aswell as being a more comfortable car to use on longer distance cruises/motorways etc.

I think it really is down to each person- a P1 for £10k...to me....is worth it but as said- £8k for a mid-miler with a full engine rebuild is a bargain. I would strongly urge the OP to go and do some test driving as it is definately a grey area (Type R vs P1) cos there have been endless threads on the subject and opinion varies greatly from person to person. Driving style/preferances/type of driving undertaken all come into the decision.

P1's are underrated in my opinion, I definately want to get a type R in the future and "play" with it but I won't be selling the P1 to fund it.

Whichever you end up with I'm sure you won't be dissapointed

 

P1 good condition 10k

RB5 (rarer) good condition 5-6k

I fail to understand why the fetch so much more money seeing as you get less doors and a more common colour

I would still buy the right condition P1 for 10k if I had the money though

 

2 door tax.

You pay £2-3K more for a Type R than STI RA. Equally you pay £5K+ for a P1 over a mildly modded UK turbo.

Mind you it happens with lots of marques.

Lancia Integrale and Integrale EVO are petty similar really. 205 Vs 309 - 309 was a bit ugly but some say better. Worth paying £2K extra for an EVO6 over an EVO5?

 

2 door tax.

You pay £2-3K more for a Type R than STI RA. Equally you pay £5K+ for a P1 over a mildly modded UK turbo.

 

Bear in mind also that it's not so much the initial purchase price that determines value for money, but the cost of ownership over the time you keep the car. The P1 costs a lot upfront, no doubt about that, but provided it's kept that way I'd be willing to be you'll get back most of what you paid when it comes time to sell.

I bought mine because I simply couldn't find a good, unabused, standard STI V or VI. Maybe it's just because they've always been more expensive, but owners seem to take more care of them.

Whatever car you buy, check its condition very carefully, and whatever you do, don't buy one with even the slightest hint of an engine problem. Trust me, I know...

 

Think this is a personal decision. How much value to put on the 'exclusivity' of a limited run (1000!) car. Yes the P1 looks good, but it is technically inferior to a Type R or RA. You should really read P1 vs Sti 4 dr. The only real difference is 2 extra doors and a choice of colour on the JDM car.

I've got a V5 STi Wagon, which has the same engine, brakes and transmission as a P1 and slightly stiffer JDM suspension. I prefer the subtlety of 5 doors and grey paintwork, but thats my shout. And yes it cost me half what a P1 would have.

To the OP - take some test drives and then decide. At least that way you'll know if the extra cash is worth it.

 

You forgot the added extra's like auto intercooler spray, electric folding mirrors and climate control

Tony

 

decided i cant justify 10k for a car thats just a toy. i have however seen a mint rb5 thats standard bar for a h&s full decat, low miles and fssh, for circa 5500-5700, still has the exclusive factor and more practical and hopefully more reliable, ie less prone to go bang. plus i can spend some money on upgrades, ie whiteline goodies, remap, coilovers, big brake conversion ,and have a great car and also a very rare car. what do u guys think?

 

Again, you'll pay £3K for the colour and a few badges. And then devalue it by modding it.

RB5 should really be kept absolutely standard and the price will rise - only UK car other than p1 and those 22Bs that is likely to increase in value.

Similarly with the Bugeye UK 300 - its just a few added bits and the value is £3K more than a normal bug for no actual performance increase.

 

I have a P1 - owned from new in March 01 - and adore it. It mostly lives in my garage now but have no intention of ever parting with it. I owned several impreza turbos before it, and have driven a lot of other cars since getting it, but it's the only car that I have ever owned that I can't part with.

Yes it blew an engine - rebuilt and had it mapped to optimax (running 330 bhp - didn't want it to get silly), 6 pot AP brakes, racing cat and a couple of other simple mods. I would happily spend £6k having it rebuilt if it ever did another engine - it's that good. The easiest, most sure-footed fast motor I've ever taken out. Is it the fastest out there? Nope, but it's such a delight to drive quickly that I don't care.

I haven't driven a Type R or RA (which also look great IMO) but I wouldn't kid myself thinking you can achieve the same feeling with a four door. Get one, you won't regret it.

Gordo

 

same here I've had mine since feb 02 to now , the thoughts of selling never cross my mind ,
my daily drive is the E60 M5 ......awesome car it is no question, But i am p/xing its after only 10 month's ownership :....now go figure

 

Know of a 1 owner ,totally standard ,fsh about 25,000 miles i think , which may be up for sale , pm me if interested for details .

Mark

 

same as any car the more £££ you spend the better car you get ....10k is not a lot of money if its the right car and your happy with it....

 

Agreed on the standard bit, but don't forget the Series McRae!

 

i'd suggwst you forget about the rb5 and p1's and all that sort if you want a cheap rare impreza, buy an sti1 for about 2 grand, less made and gonna be worth more in a few years time