Leaving the Board...sold my car
Originally Posted by raelic
actually after the trade I got 14k for the lancer (unfortunately they don't hold value well and I paid 15,900 for the mr2..so I wasn't really in the hole much...It's a fun car (compare to handling like a go kart and not much car so accelerates quick plus low insurance ...great gas mileage...and heck it's a convertible...) still wouldn't mind an Evo but for the money the car is great...this is my second one...oh to top it off there aren't to many cars that do better in twisty roads and auto cross than the mr2 for the money...The lancer was a fun car but I commute 30 miles to work everyday so driving that much and having all that empty space (I don't really ever drive anybody anywhere and when I do it's only 1 person) seems like a waste of gas...I get 33mpg highway in the mr2 plus its a sports car...how many cars can you have both those statements in the same sentence...besides there are only 5000 made WORLD wide each year so there are not as many as say the eclipses etc I see all the time...nice to have something different.
It's kinda one of those cars you have to drive to get what i mean I guess...
well all, So long
It's kinda one of those cars you have to drive to get what i mean I guess...
well all, So long
Newbie
Joined: May 2004
Posts: 64
Likes: 0
From: Milwaukee, WI
Originally Posted by nsnguyen
...particularly since most cars in the $20K range depreciate at around $100/week anyway. Let's think of it this way, if you pay $19 for any non toyota/honda, would it not be surprising that you could only sell the car for $13,800 after a year? That's $100/week depreciation, or $5200/year.
Newbie
Joined: May 2004
Posts: 96
Likes: 0
From: Santa Ana CA
Originally Posted by caymandiver75
Yeah there is lots of talk about Mitsu going bankrupt. I really don't know what to think or believe about that. All I know is that I love the EVO and even if Mitsu did go under I plan to keep the car for a very long time. I will say one thing if I find out for sure they are going bankrupt, i'm going to get my extended warranty money back that I paid them when I bought the car. Heck I'm pondering the idea already.
Originally Posted by movinginstereo
Even this statement is misleading. The math works out that way, however the majority of the value loss is the second you drive the car off the lot.
Evolving Member
Joined: May 2004
Posts: 112
Likes: 0
From: Akron OH.
Originally Posted by quantum
I'm not too worried. If (and it's a big if) mitsu goes under I'll watch what happens with my warrenty and parts avalibility. If there is a problem (and if this happens it will be pretty wide spred not just local) then I'll join in on one of the class action law suits that will spring up and get compensated for the value loss of my car, and warrenty.