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Did I get a good deal @ MSRP?

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Old May 14, 2003 | 01:07 PM
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Did I get a good deal @ MSRP?

I went last week to test drive an Evo and liked the car so much that I drove it home. A week later I love the car but I was curious if I got a good deal. Basically I am putting 500 down on the car, 3.98% financing over 60 months which makes my payment 565/month. It was only 10 bucks more than my WRX a month, but I talked them down to MSRP so quickly that I wonder if they would have gone lower. Does anyone get an Evo for under MSRP?

Thanks,

-n.
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Old May 14, 2003 | 01:13 PM
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From: NyC/Nj.....
you must have a heck of a credit.....
...if you got it for msrp im betting you did very well....
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Old May 14, 2003 | 01:16 PM
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Yeah, that's the other thing. I own my house and make regular payments, and my credit is really, really good compared to when I got the WRX. So they gave me the 3.98 right away. That made the trade in almost a no brainer since I was paying closer to 8 on the WRX.
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Old May 14, 2003 | 01:26 PM
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You got about The Best Deal Out there...3.98 and MSRP.....WOW, it doesn't get much better than that..........

we did sell our first three at MSRP, but I'm not sure of the Interest rates that they got.
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Old May 14, 2003 | 01:29 PM
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you did quite well!

enjoy
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Old May 14, 2003 | 01:34 PM
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I got mine for msrp, 4.2%, 1k down (was my holding deposit)
I'd say you did just fine
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Old May 14, 2003 | 01:48 PM
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Just wait they will start blowing the cars out at less than msrp. I will wait until I am less buried in my car 1st.
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Old May 14, 2003 | 01:51 PM
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My plan is to wait until my g/f gets out of college and lands a good job and she can have my OZ Lancer and I will get a EVO. Her lease will be up on her Focus by then.
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Old May 14, 2003 | 02:14 PM
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From: Perkasie PA
Originally posted by Volkmann
Just wait they will start blowing the cars out at less than msrp. I will wait until I am less buried in my car 1st.
As of now there are NO plans of selling for less then MSRP, if anyone here knows anything about selling cars....which I do, there is not al whole lot of mark up on an EVO when sold at MSRP. SO to sell an evo below MSRP, could result in a big loss for the dealership, And I don't think any delaership wants to take a loss on an EVO
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Old May 14, 2003 | 02:16 PM
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I have sold cars for five years and they will blow one out for less than MSRP.
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Old May 14, 2003 | 02:17 PM
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Maybe when they are more available. At the current rate it won't take long to blow through this year's allocation of 6500 cars.
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Old May 14, 2003 | 02:18 PM
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The EVO is a awesome car but not as exclusive as a Ferrari or Lamborghini which command window sticker plus.
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Old May 14, 2003 | 02:20 PM
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If you are selling cars now I am sure you have noticed that people aren't exactly busting your doors down to buy cars right now.
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Old May 14, 2003 | 02:27 PM
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Originally posted by Volkmann
The EVO is a awesome car but not as exclusive as a Ferrari or Lamborghini which command window sticker plus.
True but the people buying those cars are relatively immune from fluctuations in the economy the likes of which we are seeing today. For instance, a person who earns 50K a year usually drives a 25K car, which is worth 1/2 his annual pretax income. A person who buys a 200K Ferrari usually earns far in excess of 400K/year. So they are less sensitive to price elasticity, paying 10K over sticker to get a car now is a merely a convenience fee to them.

The appeal of the Evo, (and I've driven both a Lotus and Carrera 4S around, not mine) over anything that I've driven to the ordinary bystander is that it's a car that a relatively average person can afford or will be able to afford someday. When I drove the Porsche or Lotus around, hardly anyone came up to me to talk about the car, but with the Evo, it seems like every time I park the car there's a guy with questions about it.

In that sense, I think demand will keep up with the relatively limited supply. If the Evo is a success like the WRX and they crank out 15K of them next year, then I think maybe we'll see more dealing on the car. Everyone looking at the Evo is also thinking about the STi, but once that car is released, they're going to see some availability and gouging problems well in excess of what we're seeing on LanEvos, mainly because allocation is barely more than half of the Evo's.
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Old May 14, 2003 | 02:27 PM
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From: Perkasie PA
Originally posted by Volkmann
If you are selling cars now I am sure you have noticed that people aren't exactly busting your doors down to buy cars right now.
no, people are not busting down the doors right now, thats how I have time to sit at work and post things here, but as to an EVO at less then MSRP, I highly doubt it, therer is only abot $1500 in them.
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