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Whats a used EVO worth?

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Old Jul 20, 2003 | 07:05 PM
  #31  
tryandcatchme's Avatar
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From: North America, North East.
A used Evo is just like a used WRX, nobody really wants to buy them. If your smart enough to realise it, the person who bought the car in the first place wanted to go fast, and the way your seeing people drive thease cars makes you kind of think twice about buying a used one, since 90% of them are probably beaten on, I would never buy a used STI, WRX, Evolution, since people under 25 can usually afford them, and they have a lead right foot.
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Old Jul 21, 2003 | 06:21 AM
  #32  
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From: Gilbert, AZ
Originally posted by M3lachsilber
Well..
A Used EVO with under 10,000 miles is worth anywhere from $27500-$29,500 depending on condition and features...

Seriously..

These are retail numbers, and definately realistic..
Color is important and silver seems to be the desitrable color...
Yellow, Blue, Black, and Red are less desirable..
NO flames please, seriously though, people will pay more for a silver car because the market is broader....

As far as the Pit Pass goes, if a car has one with it for these numbers..BONUS!!

After calculating initial costs, tax, pit pass, etc. A used EVO ai'nt a bad deal at these numbers..

IF you can find one..
Let me just clarify what these "numbers" actually are. If you are a dealership and you plan on selling this used car, this is the price you could ask. If you are selling a used car to the dealership, you're lucky to get 22K. That is realistic. No telling what you could get as a personal seller. Depends on knowledge of the buyer.
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Old Jul 21, 2003 | 01:21 PM
  #33  
M3lachsilber's Avatar
choad
 
Joined: Jan 2003
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From: Brew Town, Wisconsin
Well.
There has ALWAYS been a difference between wholesale, trade-in and Retail values for a vehicle..goes without saying..

Buying one for wholesale is a dream, and any dealer that offers $22K trade-in is a little light and wants to "steal it" so they can make a big gross when they sell it ($27,500-29,000) given the inavailibilty of them new, or at least due the "demand" for the car in general..

To a dealer, (and customer in cases) it's all about hedging your bets..trade has to be cheap enough to still make your deal on the new car with the customer, or show more than it is really worth on trade to give the client the impression he is getting more than he really is...work the numbers how you want, it still comes down to this...

..a car is only worth what someone is willing to write a check for...Checkwriters are buyers..and determine market values, not the third party "negotiators" who claim to know the market...

Just my .02///

And sometimes supply and demand has a play in it!!
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Old Jul 21, 2003 | 01:28 PM
  #34  
MrMeaner's Avatar
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From: Gilbert, AZ
Originally posted by M3lachsilber
Well.
There has ALWAYS been a difference between wholesale, trade-in and Retail values for a vehicle..goes without saying..

Buying one for wholesale is a dream, and any dealer that offers $22K trade-in is a little light and wants to "steal it" so they can make a big gross when they sell it ($27,500-29,000) given the inavailibilty of them new, or at least due the "demand" for the car in general..

To a dealer, (and customer in cases) it's all about hedging your bets..trade has to be cheap enough to still make your deal on the new car with the customer, or show more than it is really worth on trade to give the client the impression he is getting more than he really is...work the numbers how you want, it still comes down to this...

..a car is only worth what someone is willing to write a check for...Checkwriters are buyers..and determine market values, not the third party "negotiators" who claim to know the market...

Just my .02///

And sometimes supply and demand has a play in it!!
Everything you said is true. But you're avoiding the issue and being way to wordy about. He's not getting 27K for that car. Plain and simple. Market this market that, I here that all day long. I'm a license broker, I know what supply and demand means. The bottom line is in today's "market" for this car, he is gonna be blue if he waits for someone to take it for 27K. Not that I don't want him to get it, hell I hope he get 31K from some dumbass, but it aint gonna hapen.

Last edited by MrMeaner; Jul 21, 2003 at 01:36 PM.
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Old Jul 21, 2003 | 01:46 PM
  #35  
M3lachsilber's Avatar
choad
 
Joined: Jan 2003
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From: Brew Town, Wisconsin
I'm a license broker
All respect to you..
I am a licensed DEALER..

We could go on and on about what cars shoud sell for, and for all anyone cars about is a feel for market and I'm telling you, in the Midwest these numbers are realistic..
Ultimately, the buyer will offer what he wants, and the seller will concede perhaps..

Wordy?
Whatever.

You want to go back and forth about values and bore the **** out of this thread or ?? Nobody wants to hear about how much industry background we have...we are still third parties speaking form experience...

..a car is only worth what someone is willing to write a check for...Checkwriters are buyers..and determine market values, not the third party "negotiators" who claim to know the market...
THAT will determine the market...Actual selling prices, not two "pros" like us talking car trash..
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Old Jul 21, 2003 | 01:52 PM
  #36  
MrMeaner's Avatar
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From: Gilbert, AZ
Fair enough.
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Old Jul 25, 2003 | 08:08 AM
  #37  
Meeyatch1's Avatar
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From: Fishers, Indiana
Originally posted by tararan
i wish EVO was manufactured by HONDA..

great resale value and reliability like no other
I said exactly that to my parents recently...
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Old Jul 25, 2003 | 03:35 PM
  #38  
InfernoTLS's Avatar
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Joined: Jul 2003
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From: McKinney, Texas
Originally posted by N/A
If you try for $29K your going to be waiting awhile to find somebody who doesn't know any better. Especially if places like Alcoa are selling them for $500 over invoice. $25K sounds much more reasonable. Remember any options are now only worth their invoice price not the MSRP price of them, you will never get your money you spent on taxes and registration back and don't even bother trying for the dealer markup amount. Its almost worth it to get gap insurance on it and total the thing or find somebody to just take over payments.
I have an internet quote from Huggins Mitsu in Ft Worth for $29,000 (stock + big wing). Add-ons are extra as wanted...
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Old Jul 25, 2003 | 03:41 PM
  #39  
InfernoTLS's Avatar
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From: McKinney, Texas
Originally posted by tryandcatchme
A used Evo is just like a used WRX, nobody really wants to buy them. If your smart enough to realise it, the person who bought the car in the first place wanted to go fast, and the way your seeing people drive thease cars makes you kind of think twice about buying a used one, since 90% of them are probably beaten on, I would never buy a used STI, WRX, Evolution, since people under 25 can usually afford them, and they have a lead right foot.
That is why I am in the market for the Evo--but I don't expect to get much back on the deal. This is one car that needs to get paid for and then enjoyed! It is not an investment. (this coming from an Acura driver)
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