^^^ good advice

 

sounds like a plan

 

Here's a couple of thoughts. Unless you have to have the first run of a production vehicle it's often better to wait until the intial bugs are worked out for the second year and they become less desirable. Less desirable means lower prices (economics). However, I think a very clean 8 or 9 is a great value right now. Even though prices are holding up fairly steady there's a lot of car to be had for the money. Ask yourself what you want. The feeling you get driving a brand new EVO or do you just want something fun with performance potential

Also, do you own your Honda outright (no lien)? If so, keep it drive it daily and shop for an evo for your weekend, track car, whatever. Your not going to get a ton of cash for your used trade in depending on year and model.

Just my thoughts

 

If he's driving and 02' or newer Honda I'd say he'd get a decent trade in value. Dealers are snapping up Hondas, Toyotas, etc and reselling at insane prices. Hell I was amazed people are selling the 1-2 year old Hondas with 10-25k miles for almost 90% of the value of a new car, if not higher. If it's a 10 year old car with 200k+ miles then yeah your not gonna get much maybe 1-3k max.

On a side note the op may rent and may not have the space for another vehicle.

 

evo x is a nice car. Im thinking about getting one as well but I just cant seem to find a black or white one in my area

 

my car is an 05 accord v6 coupe....it has 30K miles on it

the evo is going to be a graduation present from my parents....so i'd end up trading it in

 

First off , people who say that a car is the best it is now and would not likely improve are full of it
Evos have improved over the past years. I actually drove a VII ( RHD) and it was great, drove an VIII and it was better. I am sure that X would be tweaked and it will get better if mitsubishi survives.
Also the new car market is pretty bad for dealers and you might be able to pick one up at a very good price at year end becuase I am certain that inventory would still be there.
I looked a used IX's and considering that people are asking $27k for EVO IXs when I can get a brand new X for 30k is nuts.
I'd wait for the market and the conditions are in your favor considering you are a new car buyer and have $30+k to spend

 

Find out the break even point for your sales tax savings if you trade vs. sell private party. Put your car up for sale on Autotrader a month or two before you intend to trade and see what kind of hits you get. You might be surprised how well you can do private party. Add whatever you think is reasonable above your break even point and wait. If no offers come in at least you know you tried to get best dollar for your trade.

Start by checking edmunds or even taking your car to Carmax just for info. If your sales tax rate is say 9% and they offer you $10,000 for your trade then your break even point would be $10,900 for pp sale.

 

I'm very happy with mine.

 

Because gas prices in the US are starting to reach the levels that the rest of the world has been paying for years now, Mitsubishi will discontinue their flagship, 16 year old icon of a car? Why would you even say something like this?

 

no i wouldnt buy the X this year ...the pedal issue is a laugh at matter just hearing about that should have people not buy the X...i wouldt invest that money in that vehicle loook at a different $30+ car

 

Hahaha of course, you live in Moorestown. It's fricken richer than Haddonfield and Cherry Hill.

 

buy an evo 9!....im selling mine

 

www.doingitwrong.com <---- this is for u.

I love my X. It drives like nothing else.

 

it is very true that the auto market is going down, which means that if you have the money, it is the perfect time to get an X. Go during the end of a month, and look for salesman that are willing to do anything to fill up their quotas. You will be surprised at how good of a deal you can get X's now. I bought mine last sunday, 6/27. Phantom Black Pearl with SSS. I wasn't seriously about getting an X, but I just could not pass up the dealer offered me. I got it under dealer invoice, and honestly, X is EVERYTHING I wanted in a car, it really handles like none other.

-Will