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Wanting a Evo X and questions on warranty with used one

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Old Jul 8, 2012 | 11:35 AM
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Wanting a Evo X and questions on warranty with used one

Hey guys, Test drove a 2012 MR the other day and fell in love with it.

Price tag was $38,724 (down from $41,160 due to a cross out the dealer had on it) and honestly the payments are just a tad too high since the taxes, title and tags are around $2200 additional. Not sure what the bottom dollar you could talk a stealership down on the MR is.

Question is, Is it even worth buying a used MR beings the warranty from the factory is only 5 year/60k miles? If i bought a used one i would want a 2010 at the oldest so it's got some warranty left but i'm not sure if it would be worth it vs just paying for a brand new one cause i thought there was a different warranty when a second owner bought a new Evo.

I have $15,000 to put down but that doesn't dent a new car payment at all hardly it seems. I have excellent credit so a low interest rate should be no problem.

I really don't want a GSR as i like the SST the MR has and the overall suspension, wheels and interior is a tad nicer. It's amazing how some people are affording these cars though, I mean your looking at around $600/mo give or take with insurance and that's with 15k down and a clean driving record. Guess it depends on if you live at home or not still which i do not.

Any ideas on the best route to go?

Last edited by jmiller22; Jul 8, 2012 at 11:45 AM.
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Old Jul 8, 2012 | 12:50 PM
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call route 46 Mitsubishi in New Jersey ask to talk too Mike Ko and tell him you are interested and see what he could do for you. I got a good deal on my Evo X
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Old Jul 8, 2012 | 01:08 PM
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Originally Posted by jmiller22
Hey guys, Test drove a 2012 MR the other day and fell in love with it.

Price tag was $38,724 (down from $41,160 due to a cross out the dealer had on it) and honestly the payments are just a tad too high since the taxes, title and tags are around $2200 additional. Not sure what the bottom dollar you could talk a stealership down on the MR is.

Question is, Is it even worth buying a used MR beings the warranty from the factory is only 5 year/60k miles? If i bought a used one i would want a 2010 at the oldest so it's got some warranty left but i'm not sure if it would be worth it vs just paying for a brand new one cause i thought there was a different warranty when a second owner bought a new Evo.

I have $15,000 to put down but that doesn't dent a new car payment at all hardly it seems. I have excellent credit so a low interest rate should be no problem.

I really don't want a GSR as i like the SST the MR has and the overall suspension, wheels and interior is a tad nicer. It's amazing how some people are affording these cars though, I mean your looking at around $600/mo give or take with insurance and that's with 15k down and a clean driving record. Guess it depends on if you live at home or not still which i do not.

Any ideas on the best route to go?
If you already know it's going to be hard on your wallet do not buy it. Pretty simple
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Old Jul 8, 2012 | 01:12 PM
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I'm not sure why you figure 600$ monthly payments. I had around 15000 down as well as you do. I took a 6 year loan and my payments are only 400 monthly. And that's not even with a great Apr %. You may want to just try a longer term.
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Old Jul 8, 2012 | 01:23 PM
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Just checked them out, They have a new 2011 MR.

I'll give them a call tomorrow, I blue booked a 2011 MR and it should go for around $35,500

What type of deal did you get vs the sticker price?

Thanks!
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Old Jul 8, 2012 | 01:24 PM
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Originally Posted by Thegame
I'm not sure why you figure 600$ monthly payments. I had around 15000 down as well as you do. I took a 6 year loan and my payments are only 400 monthly. And that's not even with a great Apr %. You may want to just try a longer term.
I always thought it was a bad idea to get a 72 month term so i stick with 60. I may be wrong though.

$600 payments included insurance ($178 for the MR)
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Old Jul 8, 2012 | 07:31 PM
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The Evo's have a 3 year 36k mile bumper to bumper and 5 year 60k power train. If you are new to mitsu you will learn to hope you never have to deal with their warranty coverage anyways. New or used they still like to deny coverage the same
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Old Jul 8, 2012 | 08:07 PM
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I haven't heard of any catastrophic failures of the SST on stock or bolt-on cars. Correct me if I'm wrong but I think the tranny on the MR is a work of engineering genius. Name another automatic with which you can have more fun. Probably GTR.
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Old Jul 8, 2012 | 08:17 PM
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Since it seems like the evo's warranty is as good as nothing, How much is replacement of the SST vs the clutch on the GSR if something where to happen?

First stick car
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Old Jul 8, 2012 | 08:26 PM
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My car payment and insurance I am at 600/mon. Just get a job that pays and u won't worry
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Old Jul 8, 2012 | 08:34 PM
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Originally Posted by jmiller22
Since it seems like the evo's warranty is as good as nothing, How much is replacement of the SST vs the clutch on the GSR if something where to happen?

First stick car
About $10,000 for a new SST and $1000-$1500 for a clutch
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Old Jul 9, 2012 | 02:17 PM
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If you're worried about $600/month including insurance, you may want to reconsider the purchase all together, unless you can budget another $50-100/month in maintenance (excluding fuel). Granted maintenance won't be a monthly expense, but if you're on a budget you need to factor in the cost of new tires, brakes (rotors, pads, fluid), oil changes, transmission and diff fluid changes, AYC&ASC fluid changes. And don't forget about things like tint and clear bra depending on your wants/needs.
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Old Jul 9, 2012 | 08:14 PM
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Thanks everyone, I think im going to hold off on a evo x for now. Way too expensive IMO and the dealers are not budging much at all. Talked to about 4 dealers and all go down maybe $2000 and that is it. Plus the warranty deals don't seem that good if there ever is a real problem from what i been reading.

Not sure how you guys are affording or if you are affording these cars but hats off to you with all the crazy expenses it seems.

Maybe it's cause i am living on my own and have other bills and don't want to be strapped if i got a evo cause of the car payment.
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Old Jul 10, 2012 | 03:40 PM
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Originally Posted by jmiller22
Thanks everyone, I think im going to hold off on a evo x for now. Way too expensive IMO and the dealers are not budging much at all. Talked to about 4 dealers and all go down maybe $2000 and that is it. Plus the warranty deals don't seem that good if there ever is a real problem from what i been reading.

Not sure how you guys are affording or if you are affording these cars but hats off to you with all the crazy expenses it seems.

Maybe it's cause i am living on my own and have other bills and don't want to be strapped if i got a evo cause of the car payment.
I added up all my monthly bills yesterday cause the wife was curious on how much we have to pay every month.

Not including food or other side expenses...I pay about $3000 a month. And thats living in a low standard of living state/city that I do. When I look at all my bills $500 to $600 dollars doesnt look so bad.

Overall many dealerships dont bargain to much on the Evo. A few however will. Mitsu doesnt offer rebates to often either. With 2013 being the last year, you might see even less deals as the next year approaches.
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Old Jul 11, 2012 | 05:51 AM
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Agreed and Evo's have been selling like hotcakes these last 2 years. I doubt any dealer is going to budge much since they know someone else will just buy it if you won't.
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