The question proposed isn't retarded, it's a study to see if people are really paying that much, or just asking more and selling for much less. Judging by the replies in this thread, a lot of people paid closer to what banks say these cars should be worth.

It all started because a local friend of mine got a very clean IX for $18k, which I thought was really low compared to what I see at dealerships and on here. I'm used to mark up games of about $2000 or so, but not $7000.

This is the second time you've been nasty toward my post. Your inability to have a civil discussion without being abrasive and rude is sad. If you think the topic is stupid, get out of my thread, because I'm over the attitude.

 

I bought my 06 IX MR in 2008 with 12k miles for 30k.

 

if you worry about insurance why not get premium insurance to start with not run of the mill policy.

 

Bought my 06 MR in '09 with 15k on the clock for $25k. Light bolt-ons and a tune + super clean. Guy was getting married and needed $. I agree the knee-jerk reaction from those who wanna buy right now allows 100k or so cars to go for $20k+. But the other side of the coin is that someone who searches for the right car for them may also pay more for a well taken care of evo that is stock, near stock, or has mods that in their eyes they see as valuable.

Turned 42k on my prior to putting it away for the winter and she's paid off so I'll prob keep her forever.

 

yes, i agree, evos or cars in general in the southern states(where there is no snow or salt) have a little advantage over cars in the North(snow/salt=rust) and will definitely appeal to potential buyers especially living in the North,

 

Not surprised. KPT6 is a troll and argues with numerous people on here.

 

Ok Mr. Orland Toyota. Only people I usually like to bug are the Orland Toyota cronies, as you are well aware. Speaking of, isn't it time you go make some more accounts and plug for Orland Toyota some more? Just don't forget to use a different photobucket account next time so you don't give yourself away.

I now understand where you were coming from. I apologize for my abrasiveness. I did think the question posted by migs about the insurance was a little silly, so I expressed that.

To answer your questions, from my experience- I have been involved with the purchase of 3 IX's and 1 VIII in the past year and a half or so. High prices were paid on all of them- though none of the cars had high mileage and all were pristine (one car did have a blown motor, but it had so many mods that it was worth paying top dollar for). One had 8k, another 9k, another 22k, and the VIII had 5k. All were pristine cars and all were bought at high prices that they could easily re-sell for, (based on what I have seen).

I had to even race to get a deal done on my personal IX that I bought off EvoM for top $ back in May, because I was competing with a dealer to buy the car, even at the high price it was at! That car sold in literally a day. Another car I just missed out on that I was helping a relative to buy was a GG IX SSL with only 11k miles on it last spring. Somehow Orland Toyota beat us out of the deal and bought it before we could and they relisted it soon later at thousands more.

I have seen Evos show up at certain dealers consistently, where they price them high. I do believe they sell at those prices. Orland Toyota in Chicago, Godspeed in Charlotte, Imports of Lancaster (the dealer I was competing with when I bought my aforementioned IX), Southcoast Mitsu, etc. I also do know for certain that these cars do go for more than KBB trade-in and NADA retail at auction. As for who is buying the cars with more than 40k+ miles for top dollar, I do not know personally, but more people are than are not. I believe it also helps value tremendously the less modded they are.

 

Sorry, I don't know what plugging is, and don't want to know. Orlando has the best cars from what ive seen. Cosmo motors is another place that used to carry many Evos, don't know if they still do though.

 

This one is for sale in texas at a dealership that always has oerformance cars. Its had one previous owner. Clean title and 35k miles on the odometer for 29k and I know you could talk them down some

Texashotrides is the dealership

 

http://m.texashotrides.com/#/vehicle/4885280

 

I paid $22.5K for my IX MR w/ 45K miles bone stock. It wasn't 'perfect' but it wasn't as bad as what people these days call "clean". I think I got a pretty fair deal. I drive an X GSR now though and I'm as happy as can be.

 

Oh noes? Talk like an adult.

This is a poor example, apples and oranges. You're comparing repairs to the purchase of a vehicle. Generally, when a vehicle is purchased, repairs are not expected.

Yes, you can get declared insurance value. But that isn't the point here. The point is the cars are worth more than any of the lists from the top listing companies. Nada Guides was created by insurance companies, for insurance companies. Nada, Edmunds, KBB, etc all declare CT9As lower than they list for.

Obviously pulling ads from 6 years ago to prove prices were lower isn't possible. But here is one for sale NOW that is about list price: http://m.texashotrides.com/#/vehicle/4885280

In 2008 when the Xs came out, the CT9A dropped in price big time. I purchased my IX briefly during that time for 22k with 14k miles on it. They were all about that price and lower around the Northwest. Obviously, quite difficult to find that deal now days, nearly 6 years later.

 

I was just having some fun with the "oh noes"

Regarding my example, I was referring to upgrades, not repairs. E.g., $25k in a built motor + trans + transfer case + turbo kit, etc. People put big money in their cars and won't get the money back out if insurance has to pay out on it, so I don't see much difference between that and buying a car for more than what it books for (assuming insurance would only pay out book value).

I didn't know that the NADA guides were created by insurance co.'s. Good to know, and now I understand better the reasoning behind the question proposed earlier.

I absolutely agree that prices are higher now, but what I was referring to is insurance payouts. Is there evidence that insurance payouts have been lower, or is that just conjecture? E.g. I know this is no Evo, but this guy got paid out $36,963 for his 2007 STI about 6 months ago and it's been awhile since I read through this, but I am fairly certain he didn't have a declared value policy. http://forums.nasioc.com/forums/show....php?t=2506682 Supra guys also deal with insurance issues and there are tips on SF for getting paid what they're worth should you end up in a claim. Example: http://www.supraforums.com/forum/sho...your-insurance

With the links I shared, it seems likely that a claim amount would be reasonable if you do your homework and have a decent insurance company. Do you or anyone else have examples of Evo IX insurance payouts, good or bad, in this past year or so? Only example I can think of in recent times is a guy posted on here within the last several months that he felt he was paid out pretty fairly- around $25k if I remember right, on his IX after it was totaled.

 

I paid 22k for my evo IX in 2011 with 36k on it, and it needed work. they had it priced at 26k. After researching, and figuring cost of this and that, i got it. good deal cause right now i see TONS of other cars drop in the 10s of thousands in valve in just a year or two.

Camaro SS 2sRS, total cost new with all crazy dealer options and bolt ons 46k, cost with 30k miles on it to resell 25k SO Yea..Evo all the way best deal IMO



Getting paid out for the car in case of theft/total loss SHOULD be discussed before you buy insurance with your insurance agent, it clearly states on my insurance contract what MY car will be priced at in case of theft/total loss. Here it has to because when you finance a car the bank/credit union wants to see that they will actualy get paid what they loaned you in just that case, which is why you need full coverage. In the case of my IX getting stolen/total loss i will get $25k and it wasnt the surance company that put that price on my insurance it was Me, it just raised the insurance price 8bucks a month, they wanted 20k pay out.

 

It's all good, man! I've owned 5 Evos over the years, but bought them all new. As I get older, I'd just love to have an older project 8 or 9 in the garage.

I think I have a weird thing in my head about mileage. While I can totally get paying mid twenties for a clean IX MR with super low mileage, I just couldn't bring myself to buy one with 100k+ on it. Even though it wouldn't be a daily driver, I just don't want the drama or to be under the hood all the time.

It upsets me to see dealers buying up clean examples and hoarding them on their lots, keeping them out of the hands of the Evo community.