Evo Owners READ!!Why is this HAPPENING??
#31
Former Sponsor
iTrader: (73)
The 10's have proven themselves... Do you really want a 4 year old car for only a few thousand less than a brand new one with super low financing? In 4-5 years time with interest they end up costing the same with used car rates.
So now the value is down since people are no longer worried about getting a 10 and not being able to make much power since its no longer an iron block.
Cheers!
So now the value is down since people are no longer worried about getting a 10 and not being able to make much power since its no longer an iron block.
Cheers!
#32
Evolved Member
iTrader: (33)
Join Date: Jul 2002
Location: Raleigh, Transplanted from Toronto, Canada
Posts: 5,313
Likes: 0
Received 1 Like
on
1 Post
Don't count mods either...Mods make the resale value go down to the average consumer. It also narrows the amrket for your buyers...only a select few may take a chance on you 2.3L fire breathing monster with 650 HP.....esp. if you want top dollar for it because you feel jusitifed since you spent 45k on it after buying it for 30k.
I bought mine for 15k+my 04 CBR600rr. It was in the process of being put back together. I took a huge gamble. I bought it with 39k on the clock...the motor has 15k less then that. I've spent about 26k on including the cost of the car and it looks almost exactly how i want it and performs almost exactly how I want it.
All cars have a bottom. RX-7's were less then 10k and recently the prices started going back up a bit. 5th gen honda civic hatchbacks have been 2-3k for the last 10 years. Thats resale value.
And the Supra/RX-7/NSX arguement is stupid. They don;t make those cars. The Evo is still in production as a newer model. I think its held its resale value better then expected to be honest. WRX STi's are cheaper in comparision even though the price is about the same.
I bought mine for 15k+my 04 CBR600rr. It was in the process of being put back together. I took a huge gamble. I bought it with 39k on the clock...the motor has 15k less then that. I've spent about 26k on including the cost of the car and it looks almost exactly how i want it and performs almost exactly how I want it.
All cars have a bottom. RX-7's were less then 10k and recently the prices started going back up a bit. 5th gen honda civic hatchbacks have been 2-3k for the last 10 years. Thats resale value.
And the Supra/RX-7/NSX arguement is stupid. They don;t make those cars. The Evo is still in production as a newer model. I think its held its resale value better then expected to be honest. WRX STi's are cheaper in comparision even though the price is about the same.
#35
Evolving Member
iTrader: (3)
Join Date: Jul 2006
Location: Clear Lake, TX
Posts: 109
Likes: 0
Received 0 Likes
on
0 Posts
as what it was already said, I think the Evo resale value is still good considering the economy now, especially Evo's that are well maintained, not so high mileage and not heavily modified. But as for me, I am also keeping mine, too much time and effort already given to it.
#36
Evolving Member
iTrader: (2)
Join Date: Sep 2008
Location: Fort Lauderdale, FL
Posts: 138
Likes: 0
Received 0 Likes
on
0 Posts
Exactly, if you buy an evo, you're buying to spend money on it. Don;t expect to get that money back.
when was this? you, my man, are very lucky.
Last edited by Goch; Nov 20, 2009 at 08:32 AM.
#37
Evolved Member
iTrader: (3)
Join Date: Sep 2007
Location: Brooklyn
Posts: 567
Likes: 0
Received 0 Likes
on
0 Posts
I'm just glad that when people walking in Ohio see an EVO, they're looking and pointing...which is what I do....
rare enough to me, I don't care how much it's worth, I'm not geting rid of it.
rare enough to me, I don't care how much it's worth, I'm not geting rid of it.
#38
Evolved Member
iTrader: (42)
Join Date: Jul 2007
Location: 1,643 miles Southwest of IveyTune
Posts: 692
Likes: 0
Received 0 Likes
on
0 Posts
This is my vent....
I just dont understand How it seems Our Evo's are just Depreicating by the day, Its sad to say but i dont get how Supra's or Fox bodies (as an example) hold a premium dollar and cars that were going for 25k + used 4 years ago Almost BONE stock are now hitting the low 12k range. In the forsale section Its very upsetting.
I know the Economy is hurting, But i just feel there is someting some in some way shape or form we can do to help this before its to late? I don't know just some thoughts. I mean what other car can you hop into with the Amazing things an evo comes with stock Brembos,Enkei wheels, Recaro seats, the list goes on. And they are not even options!!!
Discuss....
I just dont understand How it seems Our Evo's are just Depreicating by the day, Its sad to say but i dont get how Supra's or Fox bodies (as an example) hold a premium dollar and cars that were going for 25k + used 4 years ago Almost BONE stock are now hitting the low 12k range. In the forsale section Its very upsetting.
I know the Economy is hurting, But i just feel there is someting some in some way shape or form we can do to help this before its to late? I don't know just some thoughts. I mean what other car can you hop into with the Amazing things an evo comes with stock Brembos,Enkei wheels, Recaro seats, the list goes on. And they are not even options!!!
Discuss....
#39
Yea I am looking currently & am finding a pretty steady range of 03-04 with less than 50k on em still going for 14-16. From what I have found most of the ones going for less have a lot of miles or have been wrecked. Shoot some lots are trying to get 18 for an 03 with 75k so they aren't doing too bad. Personally I wouldn't mind if they dropped a little......just until I find my gem.
#40
Evolved Member
Join Date: Oct 2008
Location: New York
Posts: 658
Likes: 0
Received 0 Likes
on
0 Posts
But. A Evo really isn't comparable to a Supra. In terms of price. Performance is another story. Supra's retailed for 40's+. Im no supra expert so I could be wrong, But you cant really find a nice condition Evo9 for under 20grand so yeah. Unless the title isn't clean. So yeah. Btw perhaps its a good thing for the guys like me that are looking for a evo8 or 9
#42
I dont see any evo's losing much of their value. I just bought my 06' evo se ssl with 5500 miles on it for 24.5 back in february.. They wanted 28000 so to me that looks like its not losing much value
#43
Yea i feel you guys, i was and am still trying to sell my 06 Evo IX mr with 4,300 miles and am just holding steady for the perfect offer, i haven't seen to many now and days with 4,300 miles.
#44
I just want to buy one, make a few offers on cars on this board perhaps, but you guys over here make new folks like me wait 30 days + 50 posts to even open my mouth in the classified section.
Thats what is killing your sales!
BlackBat how much you want for your 06 ?
Thats what is killing your sales!
BlackBat how much you want for your 06 ?
#45
For Supras there is a NA production sheet @ mkiv.com
I wasn't able to find exact stuff on the evo, but I found this for IX production numbers.
0358 - Evolution IX RS
3667 - Evolution IX (includes SE editions)
4176 - Evolution IX MR
8201 - Total exported Evolution IX to North America (USA)
I wasn't able to find exact stuff on the evo, but I found this for IX production numbers.
0358 - Evolution IX RS
3667 - Evolution IX (includes SE editions)
4176 - Evolution IX MR
8201 - Total exported Evolution IX to North America (USA)