MARKET ANALYSIS
Bugeye (2001 to 2002)

Introduced in 2001, the Subaru Impreza Bugeye represents the earliest form of the second-generation Impreza and is instantly recognised by its round “bug-eye” headlights, a bold design choice that divided opinion but has since become iconic. Built on the GD platform and offered as a sedan and five-door hatchback, the Bugeye range featured Subaru’s trademark symmetrical all-wheel drive paired with naturally aspirated and turbocharged flat-four engines, most notably in WRX and WRX STi form, which carried strong influence from Subaru’s ongoing World Rally Championship success. Despite its short two-year production run before the 2003 facelift, the Bugeye laid the mechanical foundation for later Blobeye and Hawkeye models. Total production for Bugeye-era Imprezas is estimated at approximately 350,000–400,000 units globally, with performance variants forming a small subset of that figure. In the Australian market, Bugeye WRX and STi models were officially sold and remain culturally significant as the first “new-shape” rally-era Imprezas, with values driven by variant, originality, manual transmission, mileage, and condition, as clean, unmodified examples increasingly gain appreciation for their raw character and early-2000s motorsport identity.
Model years for Subaru Impreza (2001 to 2002)

2004 SUBARU IMPREZA WRX STI - 8,858 KM
2004 • Manual • RHD
🇦🇺Melbourne
$86,000
Auction
Mar 03, 2021
2004 SUBARU IMPREZA WRX STI SPEC-C RECREATION
2004 • Manual • RHD
🇦🇺Perth, Western Australia
$35,000
Auction
Jul 01, 2021
2005 SUBARU IMPREZA WRX STI
2005 • Manual • RHD
🇦🇺Sydney
$35,000
Auction
Nov 29, 2021
2005 SUBARU IMPREZA WRX STI S203
2005 • Manual • RHD
🇦🇺Delacombe, VIC
$52,500
Auction
Dec 08, 2022
2005 SUBARU IMPREZA WRX STI SPEC-C
2005 • Manual • RHD
🇦🇺Ballarat VIC
$39,975
Auction
Feb 05, 2023
2005 SUBARU IMPREZA WRX STI S203
2005 • Manual • RHD
🇦🇺Sydney, NSW
$40,150
Auction
Feb 22, 2023
2004 SUBARU IMPREZA WRX CLUB SPEC EVO 8 - TRACK PREPARED
2004 • Manual • RHD
🇦🇺Eaglefarm, QLD
$8,000
Auction
Apr 02, 2023
2005 SUBARU IMPREZA WRX STI S203
2005 • Manual • RHD
🇦🇺Cranbourne West
$33,771
Auction
Jun 16, 2023
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2003 SUBARU IMPREZA WRX STI SPEC-C TYPE RA
2003 • Manual • RHD
🇦🇺Delacombe, VIC
$24,850
Auction
Sep 20, 2023
2004 Subaru Impreza WRX STI Spec-C Type RA
2004 • Manual • RHD
🇦🇺Box Hill North, VIC
$70,000
Auction
Oct 22, 2023
2005 Subaru Impreza WRX STI S203
2005 • Manual • RHD
🇦🇺Greenacre, NSW
$44,006
Auction
Jun 11, 2024
2005 Subaru Impreza WRX STi S203
2005 • Manual • RHD
🇦🇺Beecroft, NSW
$34,500
Auction
Sep 01, 2025