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IX owner, what's a X worth??

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Old Apr 6, 2017 | 11:09 AM
  #16  
KRome's Avatar
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From: Brandon, FL
Originally Posted by Napalm_Enema
Sell your car get a used older Civic to start your other dream / venture. Getting an old used EVO is a recipe for high repair bills due to the previous owner beating it to **** for a lot of miles.

I would normally agree with you but you can't make a blanket statement assuming that every Evo X with over 100k has been used and abused.


For example, in my case I drive 180 miles round trip the days I work. I've had my X for a year now and in that yea I've put over 40,000 miles on it.


Out of the 180 miles I drive on my work days about 20 of them are somewhat 'city' driving but not really due to them being back-roads to get to the interstate and back.


I've meticulously changed the oil with red-line every 3,500 miles and all the trans fluids every 15,000.


Currently it has approximate 95,000 miles on the odometer and it doesn't feel any different from when I bought it used at 52,000. It may be because the majority of the time it's freeway driving or Mitsubishi just knows how to build a quality performance car. I don't know.


Either way, high mileage doesn't automatically mean poorly maintained vehicle. You just have to be EXTRA cautious, that's it.
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Old Apr 6, 2017 | 11:59 AM
  #17  
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From: Winston Salem
Originally Posted by static_set
ha If it's the same one that popped up on my phone about a week ago then you'd be crazy to trade yours for that X regardless of how much money he puts on top.


Judging by your location then I believe my hunch is correct. Find another way to invest into real estate bro.


-asher
Lol thanks man, I appreciate it. I probably could invest without selling the evo, but I'm scared I will end up in financial trouble. I'd be alot more comfortable with that extra capital for whatever comes my way. I will definitely regret selling her, but I believe it'll work out in the long run. Although, if she doesn't sell I may not have a choice but to keep her
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Old Apr 6, 2017 | 12:25 PM
  #18  
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From: Houston
Why not just keep the 9 and start your business it is probably paid off?
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Old Apr 6, 2017 | 12:33 PM
  #19  
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From: Winston Salem
Originally Posted by Napalm_Enema
Why not just keep the 9 and start your business it is probably paid off?
It is paid off, I just lack the capital needed to confidently begin investing. Being that I've never bought a property with intentions to make repairs and then rent it out, I'm worried that I'll get into a house that has hidden repairs I can't afford, then I'll have to cover the mortgage since it won't be ready to rent. Then it's all downhill from there lol
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Old Apr 6, 2017 | 01:25 PM
  #20  
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From: Houston
But isn't no payment better than having a payment if you got a different car? That's where I am lost a bit.
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Old Apr 6, 2017 | 01:26 PM
  #21  
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From: SOCAL
i always wondered the same.
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Old Apr 6, 2017 | 01:35 PM
  #22  
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From: Race City USA
Originally Posted by Napalm_Enema
But isn't no payment better than having a payment if you got a different car? That's where I am lost a bit.
He wants to use the cash from the sale of either car to add liquidity to his venture of acquiring a rental home.

-ash
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Old Apr 6, 2017 | 01:44 PM
  #23  
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From: Winston Salem
Originally Posted by Napalm_Enema
But isn't no payment better than having a payment if you got a different car? That's where I am lost a bit.
I have another car that is also paid off. I'm not getting another car, selling my car is purely to have more capital for investing.
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