Was thinking about the price of used Evos. 03s are going for low to mid 20s with higher mileage.
Sure hope it doesn't turn into the next WRX, where all the younger kids who can't afford the car when they were new. They are driving them cuz they are cheap or cheaper as time goes. i.e. the Honda 'ricers' (not being racist.....)

I don't have a good feeling about this, I can see alot of accidents that will happen due to recklessness or can't handle the power. (of course not all young kids can't drive) thus driving the insurance up for everyone.

Just a thought....

 

a thought that has crossed my mind more then once...

 

This is already happening

 

YEAH, but its not as bad as the WRX. They (evos) are holding their value well, and they are still mostly in the 20's price wise.

 

yeah ill give it a few years untill theres one on every block.

 

2003 Evo with 50K -KBB is

18,000 trade
21,000 Private
25,000 - Retail

 

You can find 03 Evo's with 22k easily.

 

Yeah , i understand you guyes concern but i don't think it would be a horrible thing if they did become cheaper. Aside from the potential for motor accidents it will simply drive the demand of the vehicle up and lower the overall price if people keep buying them, making parts cheaper in the long run of things. But if people want to hit the ground running let them buy a used one, they'll either learn the hard way to respect speed or crash. They should have to put magnetic L's on their cars like in Europe to make everyone aware that they are LEARNING .

 

too bad those who can barely afford to buy a used '03 don't remember to budget for a new clutch, set of tires, and brake pads.

 

they will buy the 03, break stuff and it will sit at their house becasue they didnt know how much it money replacement parts cost. these parts arnt as cheap as honda parts.....

 

yeah, they won't afford to mod and maintain them, then we'll have a bunch of Evos out on the roads getting their asses kicked and no more respect

 

Don't forget how much it cost to insure for someone under 21.

 

so more people who actually deserve the car will have it? and this is bad ??

 

when I bought my car a year ago, I didn't see any evo around my town for like 3 months. today, I just met 2 evos on the way to work today. Numbers are increasing!

 

I'm over 21 and I am paying alot still. Allstate is raping me about $300 a month, but I can afford it.