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will the evo always be an msrp car?

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Old Dec 10, 2002 | 12:00 PM
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will the evo always be an msrp car?

Due to the limited production, would you think the Evo like say in a year from US debut dealers will be able to take lower than MSRP?

Does anyone know if europe, Uk, Japan or anyplaces where the evo is sold now, is it easy to work on lower than MSRP prices?
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Old Dec 10, 2002 | 12:04 PM
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All depends on popularity of the car. If it stays popular, then the price stays high. All about supply and demand.
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Old Dec 10, 2002 | 12:24 PM
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Tru......

Just pray that will drop the price in the future. They'll always have those clear outs. But then again the EVOs will be gone already

Last edited by TwiNpnOy84; Dec 11, 2002 at 05:49 AM.
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Old Dec 10, 2002 | 03:36 PM
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Re: will the evo always be an msrp car?

Originally posted by tryandcatchme
Due to the limited production, would you think the Evo like say in a year from US debut dealers will be able to take lower than MSRP?

Does anyone know if europe, Uk, Japan or anyplaces where the evo is sold now, is it easy to work on lower than MSRP prices?
Think about it this way. Even medium-large dealers will be getting only 5-8 EVO's per year. That's not many cars. I think it will always be a MSRP kind of car, but that's hardly a bad thing. MSRP is what a group of folks with lots of degree's determine a car is worth. By paying less, you are in effect making the statement that the vehicle is not worth that amount. If its not worth it, why are you buying it.

New cars have easily the lowest percentage of markup of any consumer product I can think of. At MSRP there's about $3,000 worth of profit in the car (including holdback) which isn't a lot for a $30,000 retail item. When was the last time you saw new cars on sale for 50% off? Happens with lots of other consumer products though doesn't it?
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Old Dec 10, 2002 | 03:51 PM
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Re: Re: will the evo always be an msrp car?

Originally posted by Mark F


New cars have easily the lowest percentage of markup of any consumer product I can think of. At MSRP there's about $3,000 worth of profit in the car (including holdback)
Try a lot less than that.
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Old Dec 10, 2002 | 05:44 PM
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Re: Re: will the evo always be an msrp car?

Originally posted by Mark F
By paying less, you are in effect making the statement that the vehicle is not worth that amount. If its not worth it, why are you buying it.
If im wasting my precious time buying a car from you, thats not worth it and thats the reason why I wouldent buy a car from you. From what your already telling me. I would probably not reconmend anybody from LF.com to buy a car from you. All you want to do is take advantage of people on here to buying the Evo from you at a marked up cost. Simple fact is, your a greedy little bugger, you want the customer to pay more so you make more...

If I like the car ill make an offer on the car that fits to my budget....Besides the car dealers doesnt decide what the car is worth after the sale (unless they get a trade in) government blue book value does.......

I toataly understand that the salesman/dealer has to make money also because they got a living to make.. But they also have to conform to the needs of the customers on what they want and how much they want to spend....

Last edited by tryandcatchme; Dec 11, 2002 at 11:07 AM.
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Old Dec 10, 2002 | 07:55 PM
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Re: Re: will the evo always be an msrp car?

Originally posted by Mark F

By paying less, you are in effect making the statement that the vehicle is not worth that amount. If its not worth it, why are you buying it.
Um, not really. I'd be perfectly happy to pay $5 if someone would sell me an Evo for that amount. I'm not going to force them to take a 30k chunk out of my wallet, even if I do believe it's worth that much or even more. Despite what I believe the car is worth, I'm still going to try the best I can to pay as little as possible so I as a consumer can get what some people call a "deal".
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Old Dec 10, 2002 | 08:23 PM
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Again..... its all about making money in the business. Yes when trying to bring in people, you want to satisfy them. Once you put money between two people, usually the one who is willing to put up a little more money wins. Example: 2 people looking a new Evo at a lot that has gotten there. First guy says he likes the car but doesn't like the price... Other guy knows what the car is, likes what he sees and is willing to pay any mark up to get it. Hell I bought my 2000 ITR w/ 3k mark up, so imagine an Evolution that has been gaining sooo much history and prestige... Dealer will always look for the highest bidder. But yes there are instances where a dealer will be very giving, but you'll have to wait till the market for the car lessons a little. Who know's there are soooo many other cars out there that are coming out, that looks like are going to be making some big bucks because of the price tag i.e.: SRT-4 Neon, adn the Mazda Speed Protege... Next year will be a hectic year, watch you will see.
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Old Dec 11, 2002 | 12:14 AM
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remember that most Evos will hit the dealership already spoken for - they sell themselves and don't take up real estate sitting on dealership lots - that saves dealerships tons of cash. but like people said before, it is all about supply and demand....
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Old Dec 11, 2002 | 11:34 AM
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Re: Re: Re: will the evo always be an msrp car?

Originally posted by tryandcatchme


If im wasting my precious time buying a car from you, thats not worth it and thats the reason why I wouldent buy a car from you. From what your already telling me. I would probably not reconmend anybody from LF.com to buy a car from you. All you want to do is take advantage of people on here to buying the Evo from you at a marked up cost. Simple fact is, your a greedy little bugger, you want the customer to pay more so you make more...

If I like the car ill make an offer on the car that fits to my budget....Besides the car dealers doesnt decide what the car is worth after the sale (unless they get a trade in) government blue book value does.......

I toataly understand that the salesman/dealer has to make money also because they got a living to make.. But they also have to conform to the needs of the customers on what they want and how much they want to spend....
Umm hate to dissapoint you but... my contact information can be found on the "MSRP Dealer List" on these pages. I'm not ripping anyone off. I'm also one of just 4 salespeople within 5 states to make it into the Diamond Sales Guild last year. I must be doing something right.

Am I greedy? I don't think so. I'll happily sell as many EVO's as Mitsubishi will let me have at MSRP. At MSRP I could make as much as $500 per car, probably a little less, but still impressive for a Mitsubishi. Most of the cars I sell have less than $1,000 markup in them of which I get 25%. There used to be more profit in a new Mitsu - a lot more - but the difference between MSRP and invoice shrinks every year thanks to all this low financing stuff, among other things. That thousand dollars isn't going to make much difference in anyone's budget ($17-20 a month at 60 months won't be a deal-killer in most circumstances). Would I like to sell every car at MSRP? Absolutely. Mitsubishi thinks the cars are worth that much and so do I. It also gives me a better chance of paying my bills if I do. In the second half of last month I sold 3 new Mitsubishi's at "a substantial discount" to accomodate my customers budgets - about $70,000 worth of product - and took home a whopping $31.41 for my trouble. I'm living on PB&J at the moment because of it. I have to account for my budget too ya know.

One thing I can guarantee you is that I will never, ever, be in any danger of becoming rich selling new Mitsubishi's.
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Old Dec 11, 2002 | 12:34 PM
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You will if you open your own dealership and make it known that you always sell at only like 1500 over invoice; Youd have the most popular dealership around.
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Old Dec 11, 2002 | 01:16 PM
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Originally posted by Guack007
You will if you open your own dealership and make it known that you always sell at only like 1500 over invoice; Youd have the most popular dealership around.
$1,500 over invoice today is substantially over MSRP for just about any Mitsu under $24k.
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Old Dec 11, 2002 | 01:48 PM
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Re: Re: Re: Re: will the evo always be an msrp car?

Originally posted by Mark F
I'm also one of just 4 salespeople within 5 states to make it into the Diamond Sales Guild last year. I must be doing something right.

In the second half of last month I sold 3 new Mitsubishi's at "a substantial discount" to accomodate my customers budgets - about $70,000 worth of product - and took home a whopping $31.41 for my trouble. I'm living on PB&J at the moment because of it. I have to account for my budget too ya know.

So why are you still selling cars if theres a better job out there that you can make more at (Like Insurance or distributing food or other products)? So your just in the business of selling cars so you can meet salesgoals and get awards but not make money? So what do you tell the customers when your finalised with a set cost? do you put on the little play of...."Oh gee Im not going to make any money off of this car at what im selling it to you at"
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Old Dec 11, 2002 | 03:03 PM
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Re: Re: will the evo always be an msrp car?

12356

Last edited by MaxR; Sep 23, 2006 at 02:32 AM.
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Old Dec 11, 2002 | 03:23 PM
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Re: Re: Re: Re: Re: will the evo always be an msrp car?

Originally posted by tryandcatchme



So why are you still selling cars if theres a better job out there that you can make more at (Like Insurance or distributing food or other products)? So your just in the business of selling cars so you can meet salesgoals and get awards but not make money? So what do you tell the customers when your finalised with a set cost? do you put on the little play of...."Oh gee Im not going to make any money off of this car at what im selling it to you at"
Trust me, I'm working on alternative employment. There was a time when one could earn a decent living selling new cars. That time has passed.

BTW

I can't imagine special broker deals on EVO's, not that it matters. The whole broker thing is such a joke anyway. Good way to pay more for a car than you could on your own since the broker has to add on to the purchase price his/her $3-400 cut.
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