I am not sure for the cherokee. However, Lancers have higher reliability than BMWs. Long trip is not a problem at all for cars that have a rally background. Of course, this is only true if you do not abuse your car. I had a friend broke his brand new M3 engine after 3 months of abusing. Baby your car~

 

How about the resale value?? does the Evo lose a lot its value over years comparing to other cars?

 

They hold their value like a rock, I don't mean to sound like an old school chevy commercial but at least up here in Canada they do. Take this example, the cheapest 2008 MR with 80KM that is what 55 miles (thousand of course) is $28000. That is the cheapest one I could find in Ontario. On average a 2010 with 40KM (not miles) goes for about $35. Not sure about US.

 

I would say this is a bad decision. You just bought the Jeep new a year ago and it would be a poor financial decision to get rid of it so quickly. Especially if you are going to trade it in and take an even greater loss. I would say keep the jeep. If you MUST get rid of it because you believe you NEED an evo to make you happy, at least sell it yourself and get as much as you can for it.

I tend to buy cars for cash and keep them until they hit 100k-150k miles or so. If I can't enjoy it for that long, it must not be a fun car.

 

Resale value is reasonable if you can keep your car in stock or good condition after any mocking. It is not a lot if you compare to BMW, but Evo resale value can stay very close to a new Raillart.

 

But remember, you can hurt someone's feelings by mocking...

 

I would double check on your Insurance Premium as it probably will be a bit higher. Other than that the EVO is a great Daily...I drive 60+ miles a day and enjoy it every day.

 

Insurance may increase a little bit if you have not own any sport car or two door sedan before. However, EVO is not really very expensive compare to other sport car. It is even cheaper than Sti for some insurance company.

 

There's actually a fun story behind this and it goes far to show how things like insurance interact with the actual design of the car. But before I tell the story I must warn you that, while I trust the people I heard it from, they had no evidence to show me. So take this with the requisite amount of "I read it on the internet" salt.

Anyhoo, when the STi first came out, it had a planetary center diff that was highly rear-biased. This was great for the drivers who know how to drive, because it's a good way to produce a car that will rotate under power. The problem is, if the drivers are pinheads, it's a great way to produce a car that will crash. And, lo and behold, lots of STis were quickly totalled, leading to a sharp rise in their insurance rates. Subaru responded to this by backing the center diff off, reducing the rear bias. This reduced crashes and may (someday) brings the insurance rates back down, but it also left them with a car that pushes like a pig.

The reason that I find this story interesting - assuming it's even vaguely true - is how it also shows how the people that buy a certain car can affect others in at least two ways. First, if lots of pinheads buy the same car as you, you may end up paying more for insurance through no fault of your own. Second, if lots of pinheads have bought the car that you like in the past, it might not perform as well, because the maker might have put the supposedly safe amount of understeer back in.

No man is an island and all that sort of thing.

 

Similarly same thing happened with golf gti. It was somewhat cheap and fast and a lot of idiots crashed it. In response the insurance rates skyrocketed to the point where you needed to be at least 30 to get a discount and that went on for about 7 years in the 90's. At the end of that period only those 30+ owned one and surprise surprise did not crash them all that often. This in turn brought the rates down again so the kids and idiots for that matter could afford insurance for them again. Cheers

 

Insurance rates are an odd duck. My previous car was a 2002 Camaro SS 35th LE. My dad had a 2002 Corvette Coupe. When he decided to sell his corvette I looked into buying it. Buying the corvette, even though it had half the mileage and was worth twice as much, would have lowered my insurance premiums. The reason behind this is they base it off the average cost of repair. So since more dumbazz kids got camaros and wrecked them, and more older buyers got corvettes and let them be garage queens, there was more damage done to the camaros on average.


My Evo raised my insurance from my SS a whopping $11.75 per month. As far as modding it "screwing" your ability to take road trips, thats going to be another personal preference. My wife and I drove my IX on E85 to Galveston, TX from OKC and back in November of last year. This included our luggage for a 7 day cruise. The only "problems" were mapping out our route versus the location of E85 stations (i hate using my pump gas map) and the noise from my exhaust.

 

Evo is way more reliable than a Jeep.

I'm on ~62k miles on my X, havent even changed the plugs yet.

 

Trade it in, you will enjoy those heated recaro seats.

 

If you are going further into debt, then financially speaking, yup, it's a bad decision. And could get worse if the car doesn't suit your space needs in a couple of years, and your flipping another car. Or God help you if you get the modding bug!

Find out exactly how much you'll lose... and be true with the numbers. Take that #, then figure out how long it would take you to save that cash. might help put it into perspective.

 

is very nice but think about your family check your finance and then if you can afford it and save money go for it