Notices
Future Lancer / Evo Models Discuss any rumors and/or news concerning future Lancer and Evolution models in here.

Mark-ups Suck!!!!!

Thread Tools
 
Search this Thread
 
Old Oct 6, 2007 | 11:25 PM
  #31  
Peteypab2133's Avatar
Evolved Member
iTrader: (27)
 
Joined: Apr 2006
Posts: 1,363
Likes: 0
From: Locally
haha i love people that pay mark ups. then when they trade them in they are like 42000 upside down

Evos are not mark up material, even more so now that they are going to be over weight slow as ***** and ugly
Reply
Old Oct 7, 2007 | 01:35 PM
  #32  
Mr. Stock's Avatar
Evolved Member
iTrader: (3)
 
Joined: Aug 2005
Posts: 563
Likes: 0
From: Fort Myers, Florida
The production numbers for evo's is going to go up compared to years prior. There will be more than enough to go around I'd suspect. I'd either find a different dealer or wait a few months.
Reply
Old Oct 7, 2007 | 01:50 PM
  #33  
next_evox's Avatar
Newbie
 
Joined: May 2007
Posts: 64
Likes: 0
From: LI-New York
If Mistu wanted to keep the car "exclusive" to the current market and not up sales, they wouldnt of changed it as much as they did to appeal to more and different kinds of consumers. They want to sell more, so basically they are going to ship boat loads of those cars here. anyone who pays a penny over MSRP is retarded at best.
Reply
Old Oct 7, 2007 | 05:05 PM
  #34  
UT_Evo's Avatar
Evolved Member
iTrader: (5)
 
Joined: May 2004
Posts: 3,601
Likes: 0
From: SL,UT
Really honestly what everyone is saying is true, look at all the other cars that have had markups, esp. the C6/ZO6. They went down to normal pretty quick, and the guys who paid the markups probably don't care, since they're the rich bastards who had to have them the day they came out. But the Evo probably won't have much if any of a markup.
Reply
Old Oct 7, 2007 | 05:24 PM
  #35  
pltek's Avatar
Evolved Member
iTrader: (33)
 
Joined: Jul 2006
Posts: 1,245
Likes: 0
From: 2 places
monthly sales estimate for Japan on the X is over 4000 units, i belive that it might be slightly smaller in the US, say 3000. Well, if they want to meet the numbers, they will have to deliver the car.

Last thing I would worry about is shortage of Evo X, of course it will take them 2-3 months to fill the lots of every dealer who actually sells the Evo in the US, thats normal.

If demand for these is much higher than supply, some dealers "shady dealers" will try to charge more than sticker, but that will subside, my guess is that by summer, they will be selling at invoice.

Last edited by pltek; Oct 8, 2007 at 08:47 AM.
Reply
Old Oct 7, 2007 | 07:19 PM
  #36  
Spazpilot's Avatar
Evolved Member
iTrader: (4)
 
Joined: Jan 2007
Posts: 570
Likes: 3
From: Carrollton, Texas
In 6 months you will be able to buy it for 3-5k below MSRP. I would just wait and if I am not mistaken, any markup must be paid in cash and can not be financed. Not sure but why would a bank lend more money then the car is worth.
Reply
Old Oct 7, 2007 | 07:21 PM
  #37  
Atlmethevo's Avatar
Evolving Member
 
Joined: Nov 2005
Posts: 313
Likes: 0
From: Atlanta
Originally Posted by ricanevo
Ok so I called Rick Case Mitsubishi in Duluth Ga and spoke with David the "Sales Manager". He told me that they have 2 X coming in around Jan 08 time frame. He also said that there is going to be a 10k mark up on it. With a 5-10k deposit. WTF??? I then called some places in Cali and they are already taking deposits and the most I heard they are taken is 1K for a down payment.

anyone have any info on this?

I'm leaning on a G37, bmw 335i, or the evo x and if it's going to be around 50k then they're out of their mind.
Rick Case is a total **** hole, it's so bad I had a evo 3 days and took it back to them because they did FRAUD on my paperwork. I did not sue because they gave me my money back and they took a evo with 300 miles on it.
Reply
Old Oct 8, 2007 | 07:57 AM
  #38  
next_evox's Avatar
Newbie
 
Joined: May 2007
Posts: 64
Likes: 0
From: LI-New York
Originally Posted by Spazpilot
In 6 months you will be able to buy it for 3-5k below MSRP. I would just wait and if I am not mistaken, any markup must be paid in cash and can not be financed. Not sure but why would a bank lend more money then the car is worth.
Thats right.
Reply
Old Oct 8, 2007 | 08:37 AM
  #39  
MrSmith's Avatar
Newbie
iTrader: (1)
 
Joined: Apr 2006
Posts: 61
Likes: 0
From: NY
Originally Posted by Spazpilot
In 6 months you will be able to buy it for 3-5k below MSRP. I would just wait and if I am not mistaken, any markup must be paid in cash and can not be financed. Not sure but why would a bank lend more money then the car is worth.
When have you ever seen 3-5k below MSRP on an evo? Low supply combined with high demand i doubt you will see dealers coming down from msrp for some time. Getting invoice would be a great deal.
Usually finance companies will lend a certain percentage over invoice price to account for taxes tags dealer fees negative equity trades etc. Top tier credit you can get 135% of invoice all day long given you have the income to qualify for the loan.
Reply
Old Oct 8, 2007 | 08:40 AM
  #40  
Jakeg97's Avatar
Evolved Member
iTrader: (56)
 
Joined: Sep 2004
Posts: 11,132
Likes: 1
From: Western NY
Originally Posted by Diesel
just wait until the demand drops...
+1




Originally Posted by Diesel

ANYONE that pays a 10K markup is a moron...
or really rich
Reply
Old Oct 8, 2007 | 08:53 AM
  #41  
Daemon GPF's Avatar
Newbie
 
Joined: Nov 2005
Posts: 49
Likes: 0
From: NM
I bought a 06 GSR over the MR because of markup out here in NM.. The dealers thought they were worth 45K, when I could go one state over in any direction and get one for MSRP or less. Funny thing is they have one of the last MRs sitting on their lot still, it's been there for months because no one is going to drop 45K.
Reply
Old Oct 8, 2007 | 12:28 PM
  #42  
Jonasan50's Avatar
Evolved Member
iTrader: (1)
 
Joined: Dec 2002
Posts: 1,478
Likes: 0
From: Ft. Lauderdale, Fl
Lemme tell you.. I walked in with a big fat check waving in their faces.. They tried to keep that 10k markup.. I said to them, "I'm taking my money, and I'm getting the hell outa here!" They were like, wait wait.. Let's talk.. And I told them if I didn't get the sticker price I'm walkin.. I drove out that day with the 1st EVO ever sold by that dealership...

Money talks...
Reply
Old Oct 9, 2007 | 12:39 AM
  #43  
madfast's Avatar
Evolved Member
 
Joined: Jun 2007
Posts: 846
Likes: 0
From: tsukuba turn 4
Originally Posted by MrSmith
When have you ever seen 3-5k below MSRP on an evo? Low supply combined with high demand i doubt you will see dealers coming down from msrp for some time. Getting invoice would be a great deal.
Usually finance companies will lend a certain percentage over invoice price to account for taxes tags dealer fees negative equity trades etc. Top tier credit you can get 135% of invoice all day long given you have the income to qualify for the loan.
there won't be low supply anymore. target is 4000 evos a month. compared to the past, that's a lotta evos...

mitsu is trying to make the evo their halo car that they can actually sell. you know how some dealers have like a viper or vette in the front looking all nice but nobody actually buys those damn cars? well mitsu doesn't want that to happen again with the evo. they are no longer using their rally heritage to sell lancers and galants. they are using their rally heritage to sell evos in addition to lancers and galants and outlanders, etc.

Last edited by madfast; Oct 9, 2007 at 12:43 AM.
Reply
Old Oct 9, 2007 | 05:23 AM
  #44  
FLK's Avatar
FLK
Evolved Member
 
Joined: Feb 2006
Posts: 538
Likes: 0
From: CNY
I think it's 4000 evos a year in japan and 2300 a year in the states.
It's def. not 4000 a month because that turns out to be 48000 evos sold a year, which is garbage.
Reply
Old Oct 9, 2007 | 10:47 AM
  #45  
Mr. Stock's Avatar
Evolved Member
iTrader: (3)
 
Joined: Aug 2005
Posts: 563
Likes: 0
From: Fort Myers, Florida
I actually paid $3K under MSRP for an SSL VIII.

I can guarantee it'll be more than 2300 cars a year in the states. That's waaaay too low. I can see 2000 a month easily.
Reply



All times are GMT -7. The time now is 06:23 PM.