Keep your STi, its a bad *** car as well.

 

of course i would trade a sti for an evo
dont get me wrong - i do like the 05 and below stis
but the evo is just so much more to me

 

Here are some good prices on IV's
https://www.evolutionm.net/forums/sh...d.php?t=184683

 

Keep the STi... as long as its not that ugly blue color...

 

how much do you owe on the STI ? if you can get the EVO at MSRP say 36000 or whatever, and you only owe 10000 on the sti then you are basically financing about 20000.... a big down payment is an investment for life as long as you dont let the dealer take it away from you, because you will always be ahead in payments. if you put down 10k into a car, it depreciates 2 or 3 right off the lot, so you are about 7 to the good, now if you get your car dp back into a new car, its like putting that same 10k into that car... make your decision off of what you owe vs. how much you will owe after they pay off your sti

 

If they are offering you almost $27K for your STi and INVOICE on the IX ... that is not a bad deal at all.

I traded in my (beat to hell at the track) '05 STi with mods and 20K miles on the clock for 23K, and got ~500 over invoice on a IX MR back in December of '05 ...

It was a definite hit on the STi, but I definitely got my money's worth out of it and I'm loving the IX ...

 

I currently owe about 13,000 I think, need to double check the statement. What I could do is wait until I owe about 10,000 on the STi, then go ahead and make the trade, but of course I won't get as much money from the STi when I go to trade it in. I put close to 17 grand down on the STi, my payments are thus 255 a month for 5 years at 4.9% financing if I recall correctly. If they won't work with me, I am going to go with another dealer, which I am sure would rather have my business instead of this place by the looks of it. I don't know about my chances of getting one at invoice though. If I did that my payments would stay the same as they are now.

 

I have an 05 STi as well and it's simply not worth it...I don't dislike the car enough to trade it in and take a large(several grand) hit...the evo is definitely the more drivers friendly car and I agree performance wise it's better...but take into consideration that subaru has its head on straight unlike mitsubishi...you don't have half as many warranty complaints...which is a huge thing in my opinion...I am content with my car but rest assured my next car will be an Evo IX in the next 3-4 years

 

Thanks for the input.

Let's try and not keep this oriented to what is the best car/manufacturer, I don't want this thread to turn into a Subaru vs. Mitsubishi debate like alot of the others. Just looking for some advice on what I should do in order to get the best deal on a IX with a minimum hit on my finances.

 

Yeah stick with the STI. Both cars are very similar anyways. You would just be throwing away money (what you lost in depreciation) if you traded it for an Evo. I would stick with the STI.

 

As long as they can get you where you want to be payment wise for the same term as the STI with no additional money out of pocket I'd do it. I mean if you think about it, it's not like you would be loosing anything. You would be right back where you were when you bought the STI.

 

Sad mentality that a lot of people buy into.

 

How is that a sad mentality?

He would be essentially where he was when he bought his STI. You generally don't trade a car and make money. They are a depreciating asset and as long as he can maintain the same financial situation or very close to the same for a car he enjoys more how is it any worse?

Maybe I miss read but, he is basically going to make back his original down payment with his trade vs. what he owes and he would be putting it towards a car with about the same sticker price. If it works out the way I stated in my original post he is breaking even and getting a new car. I don't think you can ask for much better than that.

 

+1

 

As long as he isn't going upside down and rolling in negative equity which he obviously isn't and he keeps basically the same loan agreement he originally had I don't see the problem. By your guys logic he shouldn't have bought the STI or any other new car either.