Notices
Evo X General Discuss any generalized technical Evo X related topics that may not fit into the other forums.
Sponsored by:
Sponsored by: CARiD

Value of Evos in the future

Thread Tools
 
Search this Thread
 
Old Jun 12, 2015 | 07:10 PM
  #16  
kpt6's Avatar
Evolved Member
20 Year Member
Liked
Loved
Community Favorite
iTrader: (127)
 
Joined: Jul 2005
Posts: 684
Likes: 77
From: U.S.A.
Originally Posted by nvmaddog
I'm sure you assume that was a clever retort, but let's lay a little knowledge on you.




The X will not hold value as well as the CT9A. In 5-10 years like the OP was asking, a low mileage CT9A (IX especially) will be worth more than a comparable X. That's what I am saying.

And you might want to look into getting that stick removed
Reply
Old Jun 12, 2015 | 07:33 PM
  #17  
nvmaddog's Avatar
Evolved Member
iTrader: (1)
 
Joined: May 2014
Posts: 598
Likes: 7
From: Orlando
Originally Posted by kpt6




The X will not hold value as well as the CT9A. In 5-10 years like the OP was asking, a low mileage CT9A (IX especially) will be worth more than a comparable X. That's what I am saying.

And you might want to look into getting that stick removed
Way to back that erroneous opinion of yours up with facts and not Jennifer Lawrence.
Reply
Old Jun 12, 2015 | 07:45 PM
  #18  
kpt6's Avatar
Evolved Member
20 Year Member
Liked
Loved
Community Favorite
iTrader: (127)
 
Joined: Jul 2005
Posts: 684
Likes: 77
From: U.S.A.
^You're ridiculous dude.

Ok, you mentioned Corvettes. Let's expand it to Camaros since I know those a little bit better and I don't feel like reading up on Corvettes just to prove a point to some jack on the internet. Go and compare values between the 1st and 2nd gen Camaro.

I'm done communicating with you.
Reply
Old Jun 12, 2015 | 07:51 PM
  #19  
nvmaddog's Avatar
Evolved Member
iTrader: (1)
 
Joined: May 2014
Posts: 598
Likes: 7
From: Orlando
Originally Posted by kpt6
^You're ridiculous dude.

Ok, you mentioned Corvettes. Let's expand it to Camaros since I know those a little bit better and I don't feel like reading up on Corvettes just to prove a point to some jack on the internet. Go and compare values between the 1st and 2nd gen Camaro.

I'm done communicating with you.
You are really proving just how little you know about what cars are worth and what they sell for.

Be done all you want, you don't know squat.
Reply
Old Jun 12, 2015 | 10:23 PM
  #20  
formerSTIowner's Avatar
Evolving Member
 
Joined: Mar 2006
Posts: 246
Likes: 1
From: rockford, il
In terms of 8/9 vs X - I would think the years, or quantity manufactured/sold, would have a strong impact. Simple supply and demand. The 9's are highly sought after AND there are few available, hence they can demand a premium. Folks simply won't pay a premium for an X if there are 1000 other sellers willing to take less. As specific models/options are highly demanded - like an RS - the price holds or increases even more.
Reply
Old Jun 13, 2015 | 06:04 AM
  #21  
nvmaddog's Avatar
Evolved Member
iTrader: (1)
 
Joined: May 2014
Posts: 598
Likes: 7
From: Orlando
Originally Posted by formerSTIowner
In terms of 8/9 vs X - I would think the years, or quantity manufactured/sold, would have a strong impact.
This is very true, but to assume it will be worth significantly more than an X down the line is crazy and here are a few reasons:

1. The market of people willing to pay that premium will be extremely small.
2. People that do specifically want a 8/9 over an X are going to want a stock, low mileage version 20 years from now. Will there be any? There are barely any right now and it's only been 10 years since they were made.
3. Styling. When it comes to stuff like this, the design always sells years down the line. The Evo 8/9 is a great looking car, the X design will more than likely stand the test of time if there is never another Evo.

A similar comparison can be made between the AP1 and Ap2 S2000. The AP1 had the 9k RPM rev limit that everyone loved, but the newer styling features of the AP2 are going to be what everyone wants 20 years from now.

Obviously this is all catered to the general public and values several years down the line. The point of all this was trying to figure out why someone would say the 8/9 would hold it's value extremely well, and the X would not 10-20 years from now.
Reply
Old Jun 13, 2015 | 06:23 AM
  #22  
bluedub1's Avatar
Thread Starter
Evolving Member
iTrader: (1)
 
Joined: Jan 2011
Posts: 130
Likes: 0
From: USA
Well, that turned south fairly quickly. Didn't mean for this to be a Evo X vs. 8/9 debate.

In the end, I think each will draw a different type of enthusiast. In terms of performance, the CZ4A has an edge (Laguna Seca lap times; Randy Pobst driven), although the difference is almost negligible. It's also a much better road car.

I'd agree with the other owners on here saying the value (both CT9 & CZ4) will hover around the mid 20s for a good condition Evo. Now the challenge is to avoid accumulating miles while waiting to sell/continuing to enjoy the Evo.
Reply
Old Jun 13, 2015 | 07:15 AM
  #23  
R3VOLUTION's Avatar
Evolving Member
iTrader: (1)
 
Joined: Nov 2011
Posts: 175
Likes: 0
From: Orlando
I personally think the 8's will be "good" in terms of the residual value, the 9's will be "good" if modified and high miles and the only cars to get real collector car status will be 9's that are stock and low miles. There are people out there sitting on 06' MR SE's totally stock for that exact reason, **** I saw a completely stock sub 15K mile 06' go for north of 30K recently.

To me of the X's the ones that will be looked for are 10+ MR's that are well equipped and not crazily modified, by which I mean stock motor/turbo cars. I personally don't plan on any more modifications than I already have, besides maybe some skirts and swapping trunks to a winged version. What I typically do with cars is I buy them low miles, if I get performance parts I buy them all used, and when I trade it I sell all my performance parts for what I paid for them.

With my MR I will probably need to go private sale to get what I want for it though, although I normally want to take advantage of the tax credit if I can since typically it washes out any additional private sale cash I get.

Last edited by R3VOLUTION; Jun 13, 2015 at 07:31 AM.
Reply
Old Jun 14, 2015 | 05:28 AM
  #24  
jay5565's Avatar
Newbie
iTrader: (3)
 
Joined: Aug 2009
Posts: 33
Likes: 0
From: Pasadena, CA, USA
Evo's, including X will be probably value up after 20 years for sure... Like RX-7 and E30 M3 did.

I almost bought an E30 M3 in 2009 and it was up for 15000 ish at that time.
After a year, it just jumped up to 20000-25000.
Reply
Old Jun 14, 2015 | 05:41 AM
  #25  
Viegasjuice's Avatar
Evolved Member
iTrader: (1)
 
Joined: Jan 2013
Posts: 1,358
Likes: 0
From: Northern virginia
Anyone thinking an X will hold value like a 9 are hilarious. No one cares about the X, it doesnt have the cult following the 9 has and doesnt have the legendary 4g63. Theres no way a car that was sold from 08-15 will hold value like the 9 sold only in 06.
Reply
Old Jun 14, 2015 | 06:15 AM
  #26  
fi8tzer0's Avatar
Newbie
 
Joined: May 2014
Posts: 40
Likes: 0
From: colorado
I bought a RS in 2004. I see them listed for only a couple thousand less than what I paid for new, 11 years later. There's something to be desired when you drive a Subaru after driving an Evo. I'm curious to see if the Focus RS changes things.
Reply
Old Jun 14, 2015 | 06:17 AM
  #27  
Viegasjuice's Avatar
Evolved Member
iTrader: (1)
 
Joined: Jan 2013
Posts: 1,358
Likes: 0
From: Northern virginia
Originally Posted by fi8tzer0
I bought a RS in 2004. I see them listed for only a couple thousand less than what I paid for new, 11 years later. There's something to be desired when you drive a Subaru after driving an Evo. I'm curious to see if the Focus RS changes things.
Exactly. We will never see that with the X.
Reply
Old Jun 14, 2015 | 11:29 AM
  #28  
WWGSR's Avatar
Evolving Member
iTrader: (2)
 
Joined: Jun 2008
Posts: 123
Likes: 0
From: Texas
When Mitsubishi discontinues the Evolution ALL models will be more desirable. The evo's priced at sub 15k are mainly pos cars that have way to much milage or problems and that will happen to any type of vehicle.
Reply
Old Jun 14, 2015 | 12:45 PM
  #29  
gtr's Avatar
gtr
Evolved Member
iTrader: (6)
 
Joined: Jun 2001
Posts: 2,452
Likes: 1
I feel the CT9 has bottomed out. The Evo X will probably depreciate even more until it's discontinued and thinning out then the price will probably creep up a little.
Reply
Old Jun 14, 2015 | 01:02 PM
  #30  
R3VOLUTION's Avatar
Evolving Member
iTrader: (1)
 
Joined: Nov 2011
Posts: 175
Likes: 0
From: Orlando
A big part of what a vehicle value will end up being is based on what banks are willing to loan on the car. Here in the US, 95% of banks us NADA retail values as the guide on how much to borrow for a specific car. An easy way to check to see how difficult it will be to get what you want for your car is just check their page. A bank will typically loan 120% of NADA retail, and a credit union will be 100%-110%. Most people do not buy vehicles cash, so what a bank is willing to do when loaning them the money plays a huge role.

My car as an example:

Reply



All times are GMT -7. The time now is 10:43 PM.