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2003 Lancer Evo for under $15k?!?!?!

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Old Aug 9, 2003 | 05:04 AM
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From: Forest City, NC
2003 Lancer Evo for under $15k?!?!?!

I don't have the deep pockets like you guys to just and get a new evo, so I am stuck with the ole 400HP GSX, but I found what looks like something I may be able to swing. Take a look at http://cgi.ebay.com/ebaymotors/ws/eB...ADME:B:LC:MT:1 and let me know what you think. Do you think it is fixable for the price quoted? Would there be any disadvantage to getting a car that has had a fender bender? The factory price tag on the stock intercooler and pipes is almost as much as an after market intercooler.... Should I go that route? Also, it seems like the owner is in my home town so I could use the body shop he was referring to and no shipping charges for me... yippee....

Please, any feedback would be greatly appreciated. I would love to join the ranks of a new evo owner.

Thanks!
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Old Aug 9, 2003 | 05:10 AM
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From: Oviedo,FL
you better fing out if the title is still clean.meaning if its now has a salvage title.check w/your state laws,some staes you cant re-title a salvage car
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Old Aug 9, 2003 | 05:16 AM
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Originally posted by Celm
you better fing out if the title is still clean.meaning if its now has a salvage title.check w/your state laws,some staes you cant re-title a salvage car
Thanks for the heads up. The title would show salvage history, but they said that once the car has been fixed I can have it inspected. If it passes inspection they will re-title it, I can get my tag and have the car on the road.
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Old Aug 9, 2003 | 06:04 AM
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From: CA
Hi,

I do not think it can be fixed less than 8k even you use some cheaper after market parts. for car like that( doesn't mater is a EVO or something else, the parts you need always more than you expect ! I will say at least 9k labor and parts, so you will pay around $23k for this car !! I reather to buy a used one for about 2k-3k more !! just wait a little bit, you will see more used EVO for sale for a good price !!




Trustz
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Old Aug 9, 2003 | 09:03 AM
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WEEEEE another wrecked Evo - Please stop wrecking these cars - take some driving lessons if you must!
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Old Aug 9, 2003 | 09:12 AM
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It amazes me that with this much damage the air bags did not go-off. Might be alot to get fixed I'd be carefull and research the parts for yourself.
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Old Aug 9, 2003 | 09:19 AM
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From: Ft. Lauderdale, Fl
Dude, don't even think about buying a car mashed up lke that... There's always something more than just body damage to something that bad...
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Old Aug 9, 2003 | 09:24 AM
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ya it would take at least 15k on that car 2 total it something else is wrong
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Old Aug 9, 2003 | 09:25 AM
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From: Federal Way,WA
and those hids if i remember from another post are more like 1000 each side
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Old Aug 9, 2003 | 09:25 AM
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From: dallas, tx
Suspension Stuff

14" vented brembo, 4piston caliper fronts
12" vented brembo, 2piston caliper rears
17" Enkei Racing rims w/ Yokohama 235/45zr17's
Rear active Yaw Control
Center Active electronic differential

Fully modified race suspension w/ front&rear strut tower bars

think hes bluffin!??!

Last edited by JeffCS; Aug 9, 2003 at 09:35 AM.
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Old Aug 9, 2003 | 09:33 AM
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I wouldn't mind picking it up just for the parts. Heck, you could probably rip it apart and selling the parts for more than the sum!

Stop crashing!!!!!!!! Insurance rates are going to go through the roof! Sorry, just kdding. It may not have even been their fault....I hope........
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Old Aug 9, 2003 | 09:44 AM
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Wow oh that hurts. Look first i cant tell you if it good or not you have to see it??? turn it on and tested. Do you know abour cars? look for oil leaks weird noises from the engine it looks like there is no frame damage but I am not sure but you will be able to know buy looking at it. If you are going to do labor youself it will be cheap to fix like $4000 or less but if not I agree it would be like $9000 or more for a good *** job. It red color hard to match trust me so dealer will have to do the boday work. Its your call you just have to be lucky
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Old Aug 9, 2003 | 09:49 AM
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From: Forest City, NC
Originally posted by ryancb
and those hids if i remember from another post are more like 1000 each side
The car still has all the goodies in the trunk... the HID's and such, but the actual housings/lenses were broke. I found them for a little over $300.
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Old Aug 9, 2003 | 09:52 AM
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From: Between the Blue and the Sand
When a car is totalled, the estimated cost to repair exceeds 60-80% of the value of the car, depending on the insurance company's rules. So by that calculation and regardless of what the auction says, the insurance company that totalled this Evo estimated that it will cost $18,000 to $24,000 to bring this car back to as new condition. This of course includes the cost of labor. So if you were going to do the repairs yourself, you could prob knock off 30-50% of the cost.

Once a car has a salvage title, it will always have a salvage title...even after you repair it and get it inspected.

And you might be able to get it inspected once the repairs are completed...especially if you live in a state that is lax with their inspection process.

But a harder feat will be to get a proper insurance policy for it. Insurance companies don't like to insure salvage repaired cars in many cases. They know that the car likely has a compromised structure and that it is likely less safe that a factory fresh equivalent.

And a next to impossible feat would be getting a loan to buy a salvaged car. A salvage car is worth it's auction price to an insurance company. They don't like to give policies to vehicles they have already totalled.

And once the time comes for you to sell off your repaired salvaged vehicle, you have to disclose the fact that it is a salvage vehicle. Salvage vehicles demand a much lower value than a non salvaged vehicle. And because it was a salvage, very few people will want to buy it from you for any price. So, you'll likely be stuck with it...or stuck selling it off for pennies on the dollar.

So, in the end, unless you have $9,000 to $12,000 hanging around (on top of the cars purchase price) to buy the repair parts, AND have the money to pay the auction price in cash, AND have a guarantee from an insurance company that they will insure a salvage repaired Evo, I would steer clear of this car.

SC~

Last edited by Secret Chimp; Aug 9, 2003 at 09:54 AM.
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Old Aug 9, 2003 | 09:58 AM
  #15  
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WEEEEE another wrecked Evo - Please stop wrecking these cars - take some driving lessons if you must!
shouldn't we be allowed to reck our own cars if we wish? just don't hit or endanger anyone else while doing it. if the car had a solid frame i wouldn't really flinch at buying something recked, but a unibody car will be distorted from one end to the other most likely. if your building a fast car that your going to beat and replace most of the expensive parts anyways, such as the intercooler, ect.... have at it. but i learned something from my father about things like this. get it CHEAP. i might buy it, but not for 14 thousand, and they will be very hard pressed to sell it for that much as they have to find a cash buyer. they said the reserve is set much lower. it would be a cool project for under 10 thousand. and never underestimate how much the dealer sells proprietary bolts and nuts for. you would be amazed at how many 10 dollar bolts make up a modern car.
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