Fact is most people user NADA, KBB and Edmunds as a starting point. Then factor how much they are "WILLING" spend and there is your Evo pricing.

Why this interest in resale value? WHo cares? Did you buy the car to hold on to and sell later? If you did then you need to fire your financial planner. Cars are a D. E. P. R. E.C. I. A. T. I. N. G. asset.

Can you catch lightning in a bottle........? Sure (Supra's, and rare super cars like Porche's and Ferrari's and grey market Skylines that will get confiscated by the US government). bottom line a car is either meant to get you from point a to point b or for you to enjoy.

To talk about a cars resale value is not only a waste of time its completely missing the point of cars like an Evo and if this is important to you then sell the car right now before it gets devalued anymore.

ANY popular car in prestine condition will be worth more then other cars of the same generation but it won't be for another 20+ years (Think old skool 60-70'smuscle cars when our parents were our age).

To think Evo's will be in the realm of the Supra's resale is pointless. No one could anticipate the market for them. And I personally think with the 2J being installed on anything from a Corolla to a BMW the Luster of a Supra has lessened. I would NOT pay 20k for a car that is almost 20 years old, but if someone else is willing the resale stays high.

Most of the people who bought Supra's could afford them. Sad fact is some of our fellow Evo owners bought their cars, the economy took a dump and either they bought the car when they could afford and now for whatever reason can't (loss of employment, hit in pay, under-employed). SOme bought and while paying a note on it modified it on credit and realized it wasn't worth it and are selling because everytime they look at the car its a reminder of what a dumb@$$ they were.

Enter the *** hats that buy Evo's for a discount because the owner "just wants to get out of it". If we are being honest there are some car enthusiasts from other automotive walks of life that don't have same level of standards some of us has for our cars so they apply they ghetto-rigged mentality to the Evo.

Problem is when it breaks it still costs a lot of money to fix. Then they sell because they can't afford it.

Sad fact is the Japanese sports cars from the 90's were sold in a different time and their demographic is slightly different then people who potentially can get into a Evo.

Stop worrying about your resale value. If this is a concern you bought the car for the wrong reason. Sell it so you don't have to worry about it.

/off soapbox

BTW the Evo is depreciating slower then most cars in its class. Its a fact when comparing asking prices in any venue.

There are so many other "nice" cars with garbage resale value. My IS300 with 250k+ on the clock was worth half of what I bought it for after getting it used with 50k on the clock and driving it for 6 years.

 

Yeah take the ebay numbers with a grain of salt for sure, there were only like 5 evos sold in the completed auctions section that I found, and it does raise questions about the quality of the merchandise. Unfortunately it's the only publicly available data which is easily searchable. No anecdotal evidence required, it's data in front of you, plain and simple.

 

I completely agree and honestly I probably shouldn't have even posted in this thread. Just for some reason car resale values are an interesting topic for me, and I like to try to get people to think about it a bit deeper. People like to bring up classic examples like the Supra and pretend those owners are rolling in dough, but really they lost money counting inflation, insurance, maintenance, and everything. At the end of the day the only Japanese car to truly appreciate in original MSRP value adjusted for inflation was the Toyota 2000GT.

I think it's an interesting topic and I'm really hoping another car from Japan manages to find that special spot with collectors. Here's hoping it's the Evo (any generation would be cool with me)

 

EBayers are sometimes dealerships as well. And I would question how "sound" the car is.......although you could do that for any relatively "cheap" evo

 

The sold Ebay auctions, one was for a SALVAGE vehicle and the other was Shilled by the seller lol and the Title and seller on that one was iffy aswell.

one sold for 22k with 92k miles on it! but it looked clean. IDK bout u but if i could sell mine for 22k when it has 92k miles on it id be happy and feel that i had a car that held value.

as of right now for Evo IX there are only 4 on ebay, cheapest is 22k with 94k miles on it...

 

Yeah to me the Supra is like catching lightening in a bottle. Worrying about it will drive you crazy.

Too early to tell what the "market" demand for these cars will be.

The more people butcher, hack, smash, destroy, write off and generally can't afford to maintain, mod or keep an Evo the better off those of us (Ok well maybe not me necessarily since mine is for sale) that want to keep our cars.

 

these 2 newbs with the low posts counts. Are you guys saying these negative comments because neither of you own an evo 8 or 9??? or because you want one but can't obtain one for a price reasonable for you??

these cars are still holding their value very well if you need more proof check out the for sale forums on here, ebay or where ever really. i've even seen rebuilt and salvaged title evos going for no less then $10k or so.

so check your info a little better before posting such absurb comments....

 

Check Barrett Jackson for a little history on japanese car values in general--ever see a japanese car go up at auction there? Aside from the occasional toyota 2000gt ( the 60's version, a Bond car where less the 10 ever got to the states and less then 250 were ever made)-nothing of any vintage or japanese manufacturer ever shows up--japanese cars dont hold value in the collector world-- BJ is a good example and they sell a lot of forgein cars at auction. I fully restored a 1969 datsun 2000, less then 6000 made and guess what, got a fraction of what I put into it... Just like you will get when you sell your evo. they dont go up in price they fall slower-- but FALL none the less in price.

 

How many cars in the past 10,20, 30 years has gone up in price from msrp?
Supply and demand, Some cars will always have demand.
All it take is a New movie to come out 10 years from now where a EVO IX or VIII is in it and it wrecks all the other cars and all of a sudden Evo prices would climb. A good example is a 67 fastback mustang..
I believe these cars will slowly drop in price to a point, but thats it. In no way will a EVO Ever drop in price like other cars, I.E cars to the masses.
It is what is and the market is where it is, I dont beleive a Evo will ever sell for peanuts.
As for me, im going to enjoy my evo. Im going to drive it, and use it all that i can. ill maintain it and do lil upgrades here and there. When im ready to sell ill price according to the market BUT im not selling ANY time soon, i love this car its the best car ive ever driven.

 

You cracked me up hard

The evo in no rank was sold to the masses... I actually just found out how limited the evo was in the us market, pretty crazy stuff.

In terms of our cars re-sale value, like mentioned, its all about demand. If more and more evos get junked and trying to source out a evo becomes harder and harder to do then the price will indefinently go up.

Who knows what the future holds for the re-sale value of the evo 8/9s but honestly... who cares. Enjoy the car for what it is and not for how valuble you think/hope/pray it will be... this is not a stock I would buy into...

[quote=Mistaken;10269403]Its funny to read this thread. quote]

Much agree, I had many good laughs

 

Just as I am sure there is some pinhead who's willing to pay 50K for a Ford Pinto with less than 500 miles on it... There are always fanboys.

And someone will pay $500 scrap for an Evo that's been wrapped around a tree.

I don't think we are talking outlyers... but an average car

The overall value of the car will tank over time. This is a mass produced vehicle with a plastic interior...

 

Barrett Jackson is for Classics.

The criteria by which they classify a classic isn't targeting the demographic that would spend 20k+ for a almost 20 year old Japanese import (Supra).

I think tha is a stretch.

 

If you are referring to me as a "newb" I purchased my IX new off the lot in April of 2007.

The reality of the fact is that this is NOT a collector car, this is NOT going to raise in value, and it will NOT hold it's value for a long time...

This is not my first rodeo with performance vehicles, and what's funny is that most of the vehicles you guys are referring to as "benchmarks" for holding it's value, I own, or have owned..

FD: owned, sold it after a few years (at a loss) for
94 Supra TT: Gave it to the wife in a divorce.
MR2 Turbo (5 of them actually)
MR2 Spyder (got rid of it when I started traveling for a living)
and many others.

I also currently own an R32 GT-R (which I picked up for under 10K) with less than 50K kms on it, a celica all trac turbo, a 4-Runner, a 5 series, and a RAV 4.


What is going to happen with the Evo, is the same thing that happens with other mass produced sports cars (even with a strong following). They are going to rapidly depreciate driving it off the lot, hold a low depreciation for 10-15 years, then when the guys who were all excited about it when it was new, get older, and either have a family and move on to a SUV, or increase their income and graduate to a higher class car, then the values will drop off pretty quickly, and hold a low value until they rust away.

I am not some fanboy, I am a car enthusiast who has been buying/racing/modifying/selling sportscars since the late 1980s. I do enjoy my evo, and use it as my "Travel car", but I am realistic about the value of it.

 

Would you like a cookie for owning these vehicles??? sounds to me like your just trolling around on our forum really....

As for the topic at hand, how was the evo "mass produced" ??? it was only around in the U.S for what 5 years ??? thats mass produced??

for you being a evo owner and car enthusiast as you say, your posts are very ignorant to say these cars will just basically turn to ****....

this car is on another level, similar to the supra and 3rd gen rx-7 in many ways, but seems to me like your putting the evo in a class with honda civics, toyota celicas, and nissan 240sx. this car is not just going to disappear, you dont see them on every street driving around beat the hell down. in my own prospective mind you i've owned my since i bought it brand new on 2005, the number of evos have dwindled in my area, i might see one maybe once a month, and i live in south florida which is a very big area, and you see all types of sport cars/ exotics on a regular.

I realize living in cocoa beach you dont see these types of cars, because that is a retirement area... try thinking outside the old folks home.

 

I disagree with the mass produced comment. Pick another car in this class that was made in semi limited supply for one year.

I have a family, am looking at SUV's to buy, I can afford a higher priced car but I prefer to a) pay cash for my toys and b) still partial to raw performance to a certain degree (which is why I'm on the fence about getting rid of my car).

You have an R32, What year? How are you dodging the Fed's. Only legal Skylines besides the R35 is the R33 and even then it would have to go through Motorex which is no longer in business.

Not doubting just curious as there is a ton of grey market cars I'd love to try to buy.

And i have only seen 2 Evo's since living in Raleigh. A Evo X in January and a Evo VIII in march. I do however see a ton of STi's, and other vehicles.