According to Kelly Blue Book.com (www.kbb.com) the invoice for the 2003 Evo is

26,891.47 car
595.00 destination fee
653.00 power moon roof
522.00 carbon fiber spolier
________

28,661.47 total dealer invoice

The dealer quoted you an invoice price that is close, but $300 higher than reported by KBB. Of course, the delear gets a 2 to 3% holdback for selling the car. It sounds like the offer to you isn't so terrible and isn't what I would consider gouging. Reasonable profit for them and a decent price for you. We have heard of cars going for around $28,000, but that is the exception to the rule and the dealers must have been very motivated to get the things off their lots.

Lee K

 

Listen and listen good. 28557 is cf spoiler+roof +destination

Because of where he is, there is probably a xxx dollar dealer association fee, accounting for the difference.

As far as the holdback, if the dealer has had the car for more than 90 days, and since it's been test ridden a few times I’d assume is has, then the dealer DOES NOT GET THE HOLDBACK!!!
Because of this, if they were to sell for under invoice, it would be a loss, plain and simple.

As for the guy saying pro dealer people are getting tiresome, believe me, I'm not pro dealer, just "informed". The reason dealers were able to sell for cheap was because they were given incentives to move x amount off the lot by date x. They are no longer getting this, plus I doubt they would even get the holdback on this car.

 

That's classic. That's going into my sig

 

I currently have an 03 cobra and am looking for a second car. I have decided on either an Evo VIII or a WRX STi. My question is this: How do these cars (specifically the evo) respond to mods?? I am looking for around 300-320 whp… what would it take to get there? Any info would be greatly appreciated.

Oh yea, what are you guys paying for an Evo VIII (or an STi)? I was quoted $28,000 out the door on a used STi w/ 4,300 miles. Just curious.

Thanks



03 Cobra - torch red
Densecharger, Borla Stinger, Nitto NT555R Drag Radials, Zaino, Mobile 1 0W30

Sold: 2000 Trans Am
Direct Flow Lid, Flowmaster 2 Chamber Muffler, BMR Sub Frame Connectors, Zaino

 

I drove both, and owned a 330whp wrx wagon which ran low 12's. The EVO, to me, is a better car regardless of price than the STi and my old wrx which had $20,000 in mods....It's balanced out of the box and responds well to mods, remaining balanced.

Buy a Cobra if you want a quarter mile car....

 

bluevilevo8: Again, I would like to know if you don't know, or you are lying? Your BS sounds just like a typical car salesman. At least give us a clue -tell us how much hair gel you are sporting right now. and how about the total number of gold bracelets/nacklaces you are wearing (rounded to the nearest ten)

holdback is 2% of base MSRP, and the dealer still has that.

Floorplan assistance is also 2% of base MSRP, and decreases as the car sits on the dealership lot.

advertising association fee is already included in the invoice, moron.


And finally, some of you (whom I suspect paid sticker for the car and are just pissed) need to remember that at the end of the day, regardless of what the cost to the dealership was, these things are losing value everyday. They are last years models, 04's are right around the corner...with better warranties and a year less depreciation...plus hopefully a few issues resolved like adding sealer to the front bumper beams.

So if the dealer on your block still thinks the thing is worth $29k, call around...or wait another month. When it's sitting next to an 04, he will be wishing he took your offer.

 

Are you kidding me? I think you need to reassess who is lying or just plain stupid. If the car has been sitting there, the dealer is screwed, and, like I said before, is between a rock and a hard place. I NEVER SAID IT WAS A GREAT DEAL, all I did was explain why this dealer is screwed, and why Mitsu should be offering cash back on these things.

By the way, I got mine for 100 under invoice right off the truck.


(your comments about how much hairgel I'm wearing made me laugh though. and to answer your question, none )

 

cool.

Well, any chance they will be offering some cash off the 03's?

I thought the previous incentives expired 1/5/04, but I haven't seen anything new.

Like I said, the real pressure doesn't start until the 04's start delivery...but they can't hold off forever, or they will be trying to sell 04's in 05' sitting next to MR evos.

We'll see. Personally, I get a supplier rate and am waiting for an RS...but if they come to the party with $2K off, I can add that to my other savings, and I could be talked into an 03.

Let me know if you smell something in the works...

 

Is this post of a serious nature, or just a backhanded remark on me being in with the dealers? (really, I can't tell)

If it is serious, I spoke with a guy from sport Mitsubishi, and he said they are waiting for cash back on 03s, and expect it anytime.

I don't know why you said "Let me know if you smell something in the works... ". Let me once again reiterate I am in no way, shape or form "in" with the dealers. I'm not a car salesman, and I don't know anyone who is.

 

oh, actually I thought your statement of 100 below invoice was an admission of sales tendencies

so how did you get that price if you consider is below dealer cost?

As for the cash back, I guess I'll let you know if I hear anything. I think if the cash is 1500 or 2000, it won't take long to clear them.

 

I got that price because it was right off the truck, so the dealer made all of the flooring + holdback. But, let me also say that they would have gone 800 off invoice had I taken one off the lot, but I wanted the one coming in, untouched by human hands. If you can get one for 26k, then go for it. I feel no pity for the dealers, they are all jackasses for the most part. Oh, and please do let me know if you hear anything.












Now, lets talk rustproofing

 

Invoice is 28,860. That's with a Moonroof and a Wing. That's not a fabricated number. I have a copy of mine

1000 Dollars below invoice is nothing. In relation to a poor-selling 2003 model, when 2004 models will be on the lot in days (if some dealers don't already have them). Keep in mind, dealers make money when they sell a vehicle. BUT, they LOSE money when they have vehicles sitting on the lot.

We buy New 2003 Suzuki's from slow dealers (when 04's are plentiful) and sell them for between 4-6K of window sticker.

 

Jeez, no one wants to help out the domestic guy eh? Anyway, to answer your questions, the evo will need a full turbo-back exhaust, a boost controller, upgraded ic piping, and a reflash.

The sti will be a bit more complicated. It seems when you put a turbo-back on the sti, it develops boost creep, and hits fuel cut. Because of this you must port the wastegate. Further complicating things is the fact that the sti is cursed with small side feed injectors almost running maxed from the factory. The turbo is also quite small, although it seems good to low 300's. That being said, the sti will give you a feel closer to that of a muscle car. I had a 2002 ss before the evo, and loved the sti's "raw power".

As for price: sti 28.5-29, evo 27.5-28.5

Good luck with your future purchase, and let me close by saying either way, you can't go wrong.

 

If you have a Cobra you'll be overall happier with the Evo. It feels sharp and nimble and responds better to mods. You already have a good straight line performer in the Cobra. I have several Mustangs and I bought the Evo over the Sti for what the Evo offers that is different from my Mustangs. If I want torque and straight line speed I'll jump in my 600hp 5.0

 

the evo responds much much better to modification than the Sti. at this point in the game that is one fact that has pretty much been proven.