Notices
Evo General Discuss any generalized technical Evo related topics that may not fit into the other forums. Please do not post tech and rumor threads here.
Sponsored by: RavSpec - JDM Wheels Central

Evo IX used car pricing: Thousands over book value

Old Jan 21, 2014 | 08:44 PM
  #151  
SmurfZilla's Avatar
Evolved Member
iTrader: (33)
 
Joined: Jul 2002
Posts: 5,313
Likes: 1
From: Raleigh, Transplanted from Toronto, Canada
Evo will never be a DSM. Only thing it shares with DSM's is a 4G63.

That being said I think the Evo will hit a bottom line price for 1) Beat to hell condition, 2) Moderately maintained but needs some TLC and 3) Clean and or Tastefully modded. Whatever people are willing to pay for IX's subtract about 2-3k for an VIII.

Thats my personal opinion. The one thing that is similar to Supra's and RX-7's is the fact that people that who truly love the platform always end up coming back (Unless they get a GTR, LOL). That is what will help with resale.

Give it 10 years as the poorly maintained ones are either destroyed or rehabilitated the prices will hit a plateau.......remains to be seen but I think they will appreciate. Eventually.
Reply
Old Jan 21, 2014 | 08:45 PM
  #152  
SmurfZilla's Avatar
Evolved Member
iTrader: (33)
 
Joined: Jul 2002
Posts: 5,313
Likes: 1
From: Raleigh, Transplanted from Toronto, Canada
Originally Posted by evotuner04
Supply and Demand AND Performance and Price. Remember those four things when you want a monster track, street, family car. Theres nothing with 4 doors for 20k that can run 11s easily and still pwn the winter months and rock the pants off your neighbors 100k Mercedes or BMW or Corvette. I can go on and on. Evo > Everything esle not named GTR.

Word
Owns GTR when you consider cost of entry and cost to modify. Evo is the perfect balance between cost, capability, versatility and utility.

I love the GTR but its still a 55K+ vehicle for even the first gen.
Reply
Old Jan 21, 2014 | 09:00 PM
  #153  
gmoneyman's Avatar
Newbie
iTrader: (3)
 
Joined: Sep 2011
Posts: 15
Likes: 0
From: california
If people are willing to pay these "high" prices then wouldn't that be the true value of the car?
Reply
Old Jan 21, 2014 | 09:46 PM
  #154  
Jeff_Jeske's Avatar
Evolved Member
iTrader: (66)
 
Joined: Jan 2003
Posts: 4,358
Likes: 7
From: On the track
Originally Posted by dayak
i wonder if you still own your evo 8 or 9 but im sure you are still your still in this forum
you seem to loath for people asking alot of money to sell their evo and i dont know why you have a problem with that and calling them idiots. which i dont think they're since they can afford it which im sure they know what they getting.
even back then when you still can get evo IX brand new, the sales man told me you dont need to sell the car it sells itself and he was right as i know what im getting and he didnt have to explain about the car and mitsu not DSM (pun intended)asking for 33K at the time it was good deal already for what you got.
Oh relax people I'm just pouring gas on the fire LOL. It's almost as if you guys take the internet seriously these days! Maybe the DSM comment was over the top LOL!

I already have my EVO9 and I'm glad they are holding their value!
Reply
Old Jan 22, 2014 | 09:46 AM
  #155  
SmurfZilla's Avatar
Evolved Member
iTrader: (33)
 
Joined: Jul 2002
Posts: 5,313
Likes: 1
From: Raleigh, Transplanted from Toronto, Canada
Awesome pic.
Reply
Old Jan 27, 2014 | 07:05 PM
  #156  
BBC's Avatar
BBC
Evolving Member
15 Year Member
Liked
Loved
Community Favorite
iTrader: (3)
 
Joined: Jun 2008
Posts: 119
Likes: 0
From: Montana
Book values are commodity values (with the exception of Hemmings Motor News) and have nothing to do with special interest vehicle values. For example my 87 vanagon syncro westfalia has an average condition book value of $7,000. Try finding a decent one for under $25k, mint condition examples often sell for over $40k...

The evo IX will forever more have strong demand with a supply that is likely dwindling every week. If any vehicle represents a significant chapter of automotive engineering, racing, or design it is no longer a commodity but instead an art form. An evo IX can be all three to many. Some people get the automobile as art, as an object of desire that transcends the sum of it's parts. Aficionados will pay accordingly. Most do not and they refer to Kelly blue book.
Reply
Old Jan 28, 2014 | 12:29 AM
  #157  
DeeezNuuuts83's Avatar
Evolved Member
 
Joined: Mar 2003
Posts: 2,080
Likes: 27
From: Southern California
If you want bids... Try ebay
Reply
Old Jan 28, 2014 | 03:56 AM
  #158  
evotuner04's Avatar
Evolved Member
15 Year MemberLikedLoved
iTrader: (45)
 
Joined: Sep 2006
Posts: 937
Likes: 5
From: Minnesota
Originally Posted by phina
Hey

Sorry, new to this forum. I remember joining this forum when I bought my Evo 9 in 2006, but never posted or used this site. And now I'm actually trying to sell my car, hoping this site is helpful. I bought this car brand new and now has 51K miles on it. No modifications done on the car except the upgrading radio. I still have the stock radio as well. Was bought brand new as a collectors item, but now need to relocate. The only flaws on the car is your typical parking scratches from a-holes who can't park. No accidents or mechanical issues. If you are interested, please message me, thanks!

Completely stock 2006 Black Evo 9 MR (51k obo) for sale. The asking price is $25,000. I am firm on price, and the highest bidder wins.
wrong section homie, does this look like like a for sale section?
Reply
Old Feb 6, 2014 | 01:28 PM
  #159  
f1r3w0rk's Avatar
Newbie
 
Joined: Jul 2010
Posts: 33
Likes: 1
From: california
I found a ix mr with 18k miles for $24.5k here in cali. Would this be considered a good deal?
Reply
Old Feb 16, 2014 | 04:45 PM
  #160  
Noob4life's Avatar
Evolved Member
 
Joined: Oct 2005
Posts: 642
Likes: 1
From: IL, USA
I bought my WW IX RS brand new in 2006 for $29k or so. Sold it last April for $20k with 80k on the clock and the only mod being DBA slotted rotors.

I absolutely regret selling it every single day.
Reply
Old Feb 16, 2014 | 07:33 PM
  #161  
SmurfZilla's Avatar
Evolved Member
iTrader: (33)
 
Joined: Jul 2002
Posts: 5,313
Likes: 1
From: Raleigh, Transplanted from Toronto, Canada
Originally Posted by Noob4life
I absolutely regret selling it every single day.
That is the re-occuring theme I see from most Evo owners that move on....One of the reasons i haven't jumped ship. I don't want to have any regrets.
Reply
Old Feb 16, 2014 | 07:55 PM
  #162  
4bangn's Avatar
Evolving Member
 
Joined: Aug 2007
Posts: 450
Likes: 0
From: New York
Originally Posted by f1r3w0rk
I found a ix mr with 18k miles for $24.5k here in cali. Would this be considered a good deal?
that's not bad at all for an MR with only 18k, i would jump on that if your serious about it, given it's got a clear title and there's no catch to it
Reply
Old Feb 18, 2014 | 07:05 PM
  #163  
Noob4life's Avatar
Evolved Member
 
Joined: Oct 2005
Posts: 642
Likes: 1
From: IL, USA
Originally Posted by SmurfZilla
That is the re-occuring theme I see from most Evo owners that move on....One of the reasons i haven't jumped ship. I don't want to have any regrets.
The fact of the matter is that many folks have moved on to platforms that simply cannot match the bang-for-the-buck that the 4G63's aftermarket offers. So of those who have moved on but still have the mod bug (like myself), its hard to find our fix as easily.

I think that the only thing the Evo gives up to pretty much any other enthusiast platform on the market would be an "upscale" feeling. From the standpoints of practicality, reliability, outright performance, cost-of-ownership and the aforementioned bang-for-the-buck value, I had a hard (read: impossible) time finding a replacement that fit my budget but would improve upon the premium feel of the car. The only things that came somewhat close were the Audi S4 ($$$), TL SH-AWD (not sure what the aftermarket is like on those and how they respond to mods), and Evo X (which is not exactly a step up in the "premium feel" department).
Reply
Old Feb 18, 2014 | 08:13 PM
  #164  
SmurfZilla's Avatar
Evolved Member
iTrader: (33)
 
Joined: Jul 2002
Posts: 5,313
Likes: 1
From: Raleigh, Transplanted from Toronto, Canada
The TL is not very mod heavy. Even Honda guys dont really do much beyond wheels suspension and bolt ons.
Reply
Old Feb 18, 2014 | 08:39 PM
  #165  
DeeezNuuuts83's Avatar
Evolved Member
 
Joined: Mar 2003
Posts: 2,080
Likes: 27
From: Southern California
Also, I've heard the TL's automatic transmission is hit-or-miss, from people who work on them, so go for the manual transmission if you can hunt one down. And like what SmurfZilla said, they're not even really modded either.
Reply

Thread Tools
Search this Thread

All times are GMT -7. The time now is 10:32 AM.