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Introduced in March of last year, the Toyota GR Corolla has just begun making its way to dealerships, and in turn, into the hands of consumers (often at ridiculous markups). Now, however, one has just popped up for sale on Cars & Bids, and it could be one of, if not the first, to show up on an auction site.

The GR Corolla is a Core model finished in Ice Cap white, and while it is reported to have 189 miles (304 km) on the odometer, it’s essentially a brand new car, having just been purchased by the seller less than a month prior. It even still has all the tags on the interior.

See Also: Can The 2023 Toyota GR Corolla Beat The Honda Civic Type R In A Drag Race?

Part of what makes this car so desirable is its powertrain. Under the hood is a turbocharged 1.6L 3-cylinder engine making 300 hp (304 PS / 224 kW) and 273 lb-ft (370 Nm) of torque, putting it right up there with hot hatch royalty like the Civic Type R and VW Golf R, but with the added benefit of Toyota reliability. On top of that, the car’s only transmission option is a 6-speed manual, and it sends power to all four wheels, something the mighty Type R can’t claim. A package this good has led many dealerships to take notice and start applying markups, but surprisingly, this one isn’t as bad as you might think.

Read More: Toyota Launches Lotteries To Decide Who Gets GR Corolla RZ And Two-Seat Morizo Edition In Japan

The seller reportedly paid $40,073 for the car, which is actually quite reasonable for an optioned car given some of the ridiculous markups we’ve seen. Specing the car out on Toyota’s website with the Performance, Cold Weather, and Technology packages as detailed in the auction listing, it comes out to $39,445, meaning it’s possible that after fees, the seller didn’t encounter any markups, a rarity in today’s market. At the time of writing, the highest bid has reached $47,050 with 3 days left in the auction.

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