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EVO IX Price?

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Old Oct 18, 2014 | 08:32 PM
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EVO IX Price?

What up everybody?

Been a member on here for quite a few years and learned a lot about these wonderful cars. I owned an EB IX SSL from 2008 through 2013. As many of you know, it's not easy to find an EB IX SSL. I finally found one local to me and wouldn't have to drive across the country to get it. When I first saw the F/S ad I recognized the car. It had been featured in a magazine a few years back and I always thought it was a gorgeous car. I was not aware it was an SSL.
The car currently has minor bolt ons (LICP, TBE, clutch, Shep trans). The Shep trans made me wonder why it was in there with such minimal mods but I did the same thing with my EVO. My stock trans was grinding 5th so I figured if I'm going to rebuild it why not have it done the way I want and send it to Shep.
I found out the car used to have a 35R setup so it made sense the trans had been built. I'm not sure how hard it was run with a 35R setup but the trans shifts like butter and the current owner has kept up with oil changes. Timing belt service was done around 50k miles and current mileage is about 73k.
The car is in pretty good condition, although not as clean as my previous car. Needs a front passenger fender replaced due to a very small dent. Car was lowered before and the tire hit the fender causing a crack. Seller is going to include a good fender, change all fluids, etc. Trunk was shaved and he's including a stock wing that will need to be painted along with the new fender.
So after giving a little history, my question is this: Is the car worth $21,500? He was originally asking $22k OBO and he says he owes a tad more than that. I sold my car a year ago with 103k miles with a lot more quality mods and tuned by AWD Motorsports for $16,900.
Just curious if this seems like a fair price to y'all?
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Old Oct 19, 2014 | 08:07 AM
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show up with 19k cash and see what he says. Honestly I need pics of the car to judge
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Old Oct 19, 2014 | 08:47 AM
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Price Sounds very reasonable. Just be glad it's
Not Canada your in that car would go for 35k up here lol. Seriously.
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Old Oct 19, 2014 | 09:17 AM
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Originally Posted by slowsrt4:(
show up with 19k cash and see what he says. Honestly I need pics of the car to judge
Just to give you an idea...the front end had very minimal chips, of course the fender has a small dent, the interior is probably a 7/10.
Has factory radio, amp and sub. I like that because my last SSL didn't have the trunk mat or sub
The trunk lid that was shaved and repainted doesn't match exactly to the rear fenders. Unfortunately, I don't have any pics of the car. Factory BBS wheels were painted black.
The clutch engages smooth but when you depress the pedal, near the bottom it feels as if something is not right. Almost like the pedal spring is binding. The brakes felt a bit mushy but it does have all stainless brake lines.
I'm almost certain the clutch will need to be replaced soon, especially for what I have planned for it.
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Old Oct 19, 2014 | 02:39 PM
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I thought most IX's were going for around 22k...
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Old Oct 19, 2014 | 04:10 PM
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Originally Posted by AJCaron12
I thought most IX's were going for around 22k...
Yeah, a clean IX with low miles and no accidents. The car I'm looking at will need the fender replaced.
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Old Oct 20, 2014 | 02:55 AM
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This price seems high. It sounds like you need brake work, clutch work and paint work as a minimum. 22k retail would be okay if it were in perfect mechanical shape. I gave significantly less than that for my IX with 9/10 ext, 9/10 into, 10/10 mech and completely stock with similar mileage from a dealership. So how much of a premium are you willing to pay for the color you want and an extra hole in the roof? I'd say 17k max in current condition, if the cars problems were so easy to fix, the current owner would have them fixed already.
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Old Oct 20, 2014 | 07:28 AM
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I'd show up with 18k and see what he says, then go from there
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Old Oct 20, 2014 | 05:22 PM
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Originally Posted by antij0sh
This price seems high. It sounds like you need brake work, clutch work and paint work as a minimum. 22k retail would be okay if it were in perfect mechanical shape. I gave significantly less than that for my IX with 9/10 ext, 9/10 into, 10/10 mech and completely stock with similar mileage from a dealership. So how much of a premium are you willing to pay for the color you want and an extra hole in the roof? I'd say 17k max in current condition, if the cars problems were so easy to fix, the current owner would have them fixed already.
See that's exactly what I was thinking. I do love the color and the fact that it is an SSL but I've been seeing flawless IX's with less miles going for $22-23k.
My last car was in two accidents because of two idiots and I don't want a car with replaced panels or bumpers. Just a pet peeve since my last car was wrecked twice and it hurt me on the sale. Even though my car was fixed properly and looked great, accidents scare people away.
My friend paid $17k for a WW IX MR with about 90k miles and mostly stock. It was in pretty decent shape but I wouldn't have paid that much for it. The carbon front lip was zip tied onto the bumper...
Anyway, I hate low ball the guy but I don't want to settle this time around cause I'll likely keep this car for a long time.
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Old Oct 20, 2014 | 05:24 PM
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BTW...he told me he owes around $23k...since he purchased the car in California. I asked him if he would be willing to negotiate on the price a bit and he said he would have to paid the car down more to sell it for less than 21,500.
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Old Oct 20, 2014 | 06:18 PM
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ITT: a bunch of low ballers. Seriously if you want cheap go look into cobalts. The one thing I couldn't stand when selling my evo was buyers saying "priced too high" in hopes I may drop it for they'r cheap ***. All I did was wait it out and a real buyer came along. Also he clearly told you that so you'd get off his *** because you obviously didn't have the cash to afford the asking price.

Last edited by RallySport9; Oct 20, 2014 at 06:25 PM.
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Old Oct 21, 2014 | 12:04 AM
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First, why did you sell yours in the first place?

Second, if your plan is to keep it for a long time, then why do you care about resale? You mentioned both these things in the same post.

What I or someone else thinks the price should be is pretty much irrelevant to what you do with your money. As it is, there are many factors that come into play, but what you should be willing to pay comes down to how much patience you have, how much time you are willing to put into the search, and how much faith you have that you're going to find your ideal car within your ideal search area. Most people give up at some point- just look at all the X owners on this board who say they wished they could have bought a IX and they either couldn't find one or they thought they were all overpriced, so. they. settled.

Questions to ask yourself... Do you have an unlimited number of years to look for the exact car you want? How sure are you that it even exists in the condition you want to find it in? Have you taken into consideration travel costs, shipping costs, opportunity costs, etc. with all of this? If you feel this car you mentioned here is overpriced by, say $3k, well how long does it take you to make $3k? A month? Two weeks? Three weeks? Does that really matter in the big scheme of things?

I'm not sure if you're a little naive about the reality here, but honestly you probably need a little reality check. Do you know how many IX's are FS in the US as I type this? Go look. There are not many. Did you see the asking prices when you went to look at how many as FS across the nation? IX asking prices are now at the highest I've seen them at since 2006. How many IX SSL's do you think were made? I surmise that for 2006 they are at least as rare as the IX RS, if not more so; just look at how many are available for sale across the U.S. in current classifieds vs all the other IX models.

There's much more I could say here, but for the sake of not typing a book, I'd like to note one more thing real quick. You say in your WTB ad here on EvoM that you want one that is, "mostly stock- intake, exhaust, tune... (I like to build my own car, not inherit someone else's)." Uh, don't we all want that? You think most CT9A buyers aren't looking for this exact scenario? Nearly all of the Evo's you find will need to be changed to your liking. It's getting to the point that nice ones are so hard to find that I know some people are starting to restore the ones they can find. This is a trend that will only continue to grow as these cars get more and more scarce.


Anyway, with all that said I hope I was able to help you put things into perspective a little bit better.

Also, did you see this one?
http://tampa.craigslist.org/hil/cto/4679534326.html
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Old Oct 21, 2014 | 06:11 PM
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Originally Posted by blkmambaVENOM
ITT: a bunch of low ballers. Seriously if you want cheap go look into cobalts. The one thing I couldn't stand when selling my evo was buyers saying "priced too high" in hopes I may drop it for they'r cheap ***. All I did was wait it out and a real buyer came along. Also he clearly told you that so you'd get off his *** because you obviously didn't have the cash to afford the asking price.
Listen up bro...Never have I said anything about wanting a cheap EVO. I sold my EVO last year and EVERYONE told me my asking price was way too high. So don't act like you know my intentions or knowledge of these cars and what they're worth at all.
You sound like a butt hurt loser.
I have plenty of money to spend...BUT I HAVE A BUDGET OF WHAT I'M TRYING TO STAY IN! That's my choice of how much I spend. I could go pick up a brand new $40,000 car right now if I wanted to, but I'm not.
Go kick rocks
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Old Oct 21, 2014 | 06:15 PM
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Originally Posted by blkmambaVENOM
ITT: a bunch of low ballers. Seriously if you want cheap go look into cobalts. The one thing I couldn't stand when selling my evo was buyers saying "priced too high" in hopes I may drop it for they'r cheap ***. All I did was wait it out and a real buyer came along. Also he clearly told you that so you'd get off his *** because you obviously didn't have the cash to afford the asking price.
And BTW...we took the car off the market for me...so he wasn't blowing smoke up my *** about what he owed on the car. We have been talking back and forth about the car for over a month and he has asked me several times if I was still serious about buying the car. All I did here was ask fellow EVO owners for their opinion and you go on a tantrum about something you know nothing about.
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Old Oct 21, 2014 | 06:34 PM
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Originally Posted by kpt6
First, why did you sell yours in the first place?

Second, if your plan is to keep it for a long time, then why do you care about resale? You mentioned both these things in the same post.

What I or someone else thinks the price should be is pretty much irrelevant to what you do with your money. As it is, there are many factors that come into play, but what you should be willing to pay comes down to how much patience you have, how much time you are willing to put into the search, and how much faith you have that you're going to find your ideal car within your ideal search area. Most people give up at some point- just look at all the X owners on this board who say they wished they could have bought a IX and they either couldn't find one or they thought they were all overpriced, so. they. settled.

Questions to ask yourself... Do you have an unlimited number of years to look for the exact car you want? How sure are you that it even exists in the condition you want to find it in? Have you taken into consideration travel costs, shipping costs, opportunity costs, etc. with all of this? If you feel this car you mentioned here is overpriced by, say $3k, well how long does it take you to make $3k? A month? Two weeks? Three weeks? Does that really matter in the big scheme of things?

I'm not sure if you're a little naive about the reality here, but honestly you probably need a little reality check. Do you know how many IX's are FS in the US as I type this? Go look. There are not many. Did you see the asking prices when you went to look at how many as FS across the nation? IX asking prices are now at the highest I've seen them at since 2006. How many IX SSL's do you think were made? I surmise that for 2006 they are at least as rare as the IX RS, if not more so; just look at how many are available for sale across the U.S. in current classifieds vs all the other IX models.

There's much more I could say here, but for the sake of not typing a book, I'd like to note one more thing real quick. You say in your WTB ad here on EvoM that you want one that is, "mostly stock- intake, exhaust, tune... (I like to build my own car, not inherit someone else's)." Uh, don't we all want that? You think most CT9A buyers aren't looking for this exact scenario? Nearly all of the Evo's you find will need to be changed to your liking. It's getting to the point that nice ones are so hard to find that I know some people are starting to restore the ones they can find. This is a trend that will only continue to grow as these cars get more and more scarce.


Anyway, with all that said I hope I was able to help you put things into perspective a little bit better.

Also, did you see this one?
http://tampa.craigslist.org/hil/cto/4679534326.html

To answer your first question: I sold my car last year because my fiance and I had just purchased a home and I wanted to focus on the house for a while. I knew with my love of the car I had owned for 5+ years and bought with only 10,805 miles on it, I would be wanting to continue to mod the car. I wanted to focus my attention on my new home and felt the best decision was to sell the car.
Also, I got a new job less than a month later and needed a truck so it actually worked out perfectly.

To answer your other question: Every car I've ever owned, no matter how much I liked the car, I always said that if I ever needed to sell the car I would. So I take that into consideration when purchasing a car. I always make sure that if I ever need to sell a vehicle, that I take care of it and purchase one that has been taken care of.
I am not naive about the rarity of EVO IX's. I've been on this board since 2008 and, I too, have seen the value of these cars rise over the last year. I noticed as soon as I sold my car and Mitsubishi decided to call it quits on the EVO that the IX's immediately became more sought after and more valuable.
Since I purchased my first EVO IX in May of 2008, I have only ever seen 2 or 3 EB IX SSL's for sale ANYWHERE. I know exactly how rare they are. Like you said, probably fewer of these than there are RR IX RS's.
You are correct about my WTB thread....those are the criteria of my search for my next EVO. I, however, did not say I wouldn't be open to cars that have more or less done to them. I'm a realist and understand that EVO's are becoming the new DSM's, at least EVO 8's anyway. So I know that finding that right car takes time. I'm not looking for the "perfect" EVO. But what I don't want is to pay more than what a car is worth and I know what my budget is. If it were the right car at a fair price I wouldn't think twice about buying it.
But with my search I have seen very clean EVO's with less miles going for about the same, if not less than what I discussed with the owner of this car.
I appreciate your insight. I can tell you were actually trying to help understand what I'm looking for. The comment before you was just ridiculous....that guy needs to chill.
I'll take a look at the link you included in your post.

Just to be clear so nobody else thinks I'm a low baller and don't know anything about EVO's....I'm not a cheap a$$ and unlike some people who are desperate to have a certain car, I have a budget. And I know how much maintenance and time it takes to keep these cars working and functioning properly.
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