Notices
Evo General Discuss any generalized technical Evo related topics that may not fit into the other forums. Please do not post tech and rumor threads here.
Sponsored by: RavSpec - JDM Wheels Central

Expected Price Drop?

Thread Tools
 
Search this Thread
 
Old Aug 11, 2007 | 02:38 PM
  #31  
awr's Avatar
awr
Evolving Member
 
Joined: Apr 2007
Posts: 125
Likes: 0
From: tucson az
whenever somthin new or "the next best thing" comes out the old always drops a bit but who knows how much
Reply
Old Aug 11, 2007 | 02:42 PM
  #32  
DawnoffateX's Avatar
Evolving Member
 
Joined: Aug 2004
Posts: 176
Likes: 0
So, I guess picking up a new GG SE would be impossible on the east coast at this point? Am I stuck ordering from SO CAL and shipping it?
Reply
Old Aug 11, 2007 | 05:01 PM
  #33  
Warrtalon's Avatar
Evolved Member
iTrader: (6)
 
Joined: Jun 2004
Posts: 20,790
Likes: 2
From: Long Island, NY
Originally Posted by awr
whenever somthin new or "the next best thing" comes out the old always drops a bit but who knows how much
Something "new" and "the next best thing" are two completely separate things. When the 2000 Eclipse came out, it was new, but it was terrible compared to the previous 10 years of Eclipses. It's value was awful, dropped quickly after purchase, and older Eclipses maintained value very well.

In this case, the Evo X may both be new and the next best thing, but it's also going to be in a different price bracket, which will make the 03-06 USDM Evos very valuable, imo.
Reply
Old Aug 11, 2007 | 05:15 PM
  #34  
TTP Engineering's Avatar
Account Disabled
iTrader: (465)
 
Joined: May 2005
Posts: 8,824
Likes: 2
From: Central FL
Hell no, the Evo is the gretest supercar since the Supra.
Reply
Old Aug 11, 2007 | 05:27 PM
  #35  
WICKed'N'EVO's Avatar
Evolved Member
iTrader: (3)
 
Joined: Mar 2006
Posts: 1,584
Likes: 1
From: EVO city MN
No matter what happend the EVO 8-9 will never lose their value..... but I think that in the 4-5yr the value might even up up like what the Supra did.
Reply
Old Aug 11, 2007 | 05:54 PM
  #36  
UCLAevoIX's Avatar
Newbie
 
Joined: Apr 2007
Posts: 98
Likes: 0
From: Bay Area
Originally Posted by WICKed'N'EVO
No matter what happend the EVO 8-9 will never lose their value
they already are - that's deppreciation.

Originally Posted by WICKed'N'EVO
..... but I think that in the 4-5yr the value might even up up like what the Supra did.
that's certainly a bold statement without justification.
Reply
Old Aug 11, 2007 | 06:00 PM
  #37  
BBS's Avatar
BBS
Evolved Member
iTrader: (18)
 
Joined: Feb 2007
Posts: 1,337
Likes: 0
From: Philadelphia, PA
The Evo X will be an entirely different machine. It's designed this time around to not be so raw and edgy. I'm sure that there will still be consumers looking for well taken care off pre-Evo X's to modify.
Reply
Old Aug 11, 2007 | 06:04 PM
  #38  
Warrtalon's Avatar
Evolved Member
iTrader: (6)
 
Joined: Jun 2004
Posts: 20,790
Likes: 2
From: Long Island, NY
Originally Posted by UCLAevoIX
that's certainly a bold statement without justification.
He said "might" - not that bold...
Reply
Old Aug 11, 2007 | 06:14 PM
  #39  
4ringturncoat's Avatar
Evolved Member
iTrader: (21)
 
Joined: Jan 2004
Posts: 1,090
Likes: 0
From: MI
I have had a lot of rare cars over the years including several Hemi Cuda's and as of now I have my 04 RS on jackstands with less then 6k on it just to see what the market does for the next ten years.

I love the Evo so much I just bought a nicly modded 9 to go with the 8.

As a well known collector once said "think of the car that all the high school kids dream about now and hold onto it for 30 years" thats what will be going for top $$ then.
Reply
Old Aug 11, 2007 | 07:05 PM
  #40  
yoda's Avatar
Evolving Member
 
Joined: Dec 2005
Posts: 233
Likes: 0
Originally Posted by Warrtalon
I would buy a NEW one now for invoice or lower while you still have the chance, if you still have the chance. I would avoid any used Evo like the plague. If you have to buy used, then I'd get a used IX now instead of waiting for the X to release, because it will be out of the price range of most normal Evo owners, and the market will get saturated with Honda noobs who are trying to ****** up 20k used Evos.

I'd love to purchase a brand new one, but I really don't know if I can justify the extra cash to my significant other. If it's really worth buying a brand new one then I could probably hold out for a while longer and save up some more $$$
Reply
Old Aug 11, 2007 | 07:07 PM
  #41  
Warrtalon's Avatar
Evolved Member
iTrader: (6)
 
Joined: Jun 2004
Posts: 20,790
Likes: 2
From: Long Island, NY
Well, you have quite a dilemma then, because:

1) A used IX will cost less, but the risk is much higher, and the potential for many thousands being thrown towards repairs is very real. You could end up paying more for the used one than for a new one.

2) if you wait until you save more money, then the supply of new IXs will have dwindled further and perhaps raised the price back up to near MSRP as opposed to at or below invoice. The time spent saving would be a waste.
Reply
Old Aug 11, 2007 | 07:54 PM
  #42  
Andrew18's Avatar
Newbie
 
Joined: Jul 2007
Posts: 5
Likes: 0
www.southcoastmitsubishi.com is I believe selling IX's for a little more than MSRP..
Reply
Old Aug 11, 2007 | 07:57 PM
  #43  
Warrtalon's Avatar
Evolved Member
iTrader: (6)
 
Joined: Jun 2004
Posts: 20,790
Likes: 2
From: Long Island, NY
A little more than MSRP? Do you mean invoice? They've been selling for UNDER invoice for quite a while. Over MSRP would be a huge jump...
Reply
Old Aug 11, 2007 | 08:30 PM
  #44  
Andrew18's Avatar
Newbie
 
Joined: Jul 2007
Posts: 5
Likes: 0
http://www.southcoastmitsubishi.com/...oryId=16197197

http://www.mitsubishicars.com/MMNA/j...0005&loc=en-us
Reply
Old Aug 11, 2007 | 08:31 PM
  #45  
hytek369's Avatar
Evolved Member
iTrader: (81)
 
Joined: Jul 2007
Posts: 952
Likes: 0
From: Boston, MA
i think it really depends on the dealer you go to. if they are selling well, then the price is pretty firm. i was able to get a new 2006 MR SE for 34.5k last week. they told me it was about 1k less than invoice. i don't know if that is true, but i feel it was a pretty good deal at the moment.

ideally, i would wait for a evo x, but my car got stolen so i chose to buy the evo 9 MR SE.
Reply



All times are GMT -7. The time now is 08:03 AM.