mitsubishi might be going out of business, some have said its in a time of "make or break"
if i buy a new evo, will the value of the car be really little, and not worth the money?
u know, since its doing very bad in business, i asked my father since he works at dodge as finance director(the guy that rips u off), and he said that the car wont be worth much for long.

 

^^^ well, if that's how you feel.. than don't buy. Mitsu don't hold resale value that well, but that's just reality. You seem like a honda guy, buy a honda.

 

i'd say buy it you won't regret it..

 

mitsubishi corp won't ever go out of business.

 

Mitsubishi Heavy Industries isn't really in trouble of going out of business. There are troubles with Mitsubishi Motors here in the US but they seem to be makings some good strides. I think their new pickup looks pretty good and of course the EVO has been good to them. To answer your question, if Mitsubishi Motors closes up shop in the US it will affect your car's value but I don't think things are that dire right now and the parent company can keep them afloat. Good luck with your decision.

-Ron

 

I agree with RonA. How about the American companies? They give $4500 rebates, and are devaluing their stock on a dialy basis. I thought I heard on CNN that GM stock was reduced to LESS than junk bond status. Mitsu stands behind there autos, offer little to no cash back in comparison to American Auto Makers. My wife drives an 04 Durango with a Hemi, and although we love it. We paid $31K for it last year, today it's worth about 20K. You pick.

 

I am buying up every share I can. I will own the world when/if it hits $20.

 

I thought there was a recent article saying that they are starting to dig themselves out of their whole.

 

Meh, even if mitsu goes out of business, the value is still high in my book and ill keep the car until i completey blow it up =D Evo 4 lyfe..haha

 

the 2005 Evo is CNN moneys #1 sedan for resale value. Also mitsu wont die anytime soon. If you want ur car to keep value, just dont buy american (american cars have the worst resale value)

 

Mitsu is NOT going to go out of business. Have you even seen half of the Mitsu empire? The Mitsu bank if the 2nd largest bank in Japan, if not one of the largest in the world. I repeat, they are NOT going to go out of busienss.

 

Yeah don't buy an Evo. More for me.

 

correct me if i am wrong but isnt dodge like 48% owner or shared hold for mitsu's market here in the U.S. i dont really think dodge will have that if they are

 

The evo is different then any other mitsu it will hold its value. Just like the gsx"s and gst"s.

 

If Toyota pulls out of the US, do you think the Mk IV Supra will not be sought after anymore?

Fuji Heavy Industries owns Mistubishi, Subaru, Dihatsu, Isuzu, and a couple of others. It's one of the oldest industrial conglomerates in Japan. Fuji generates compettion between their own daughter companies more than anything else.

It's funny how domestic brand employees will go to such great lengths to steer people away from the superior product, even when they're giving advice to family members.

The sky's not falling, Chicken Little.