turbotortuga

I believe he means is that "You fail" to understand basic economics. Specifically the difference between investments and depreciating assets. The first year of a new car loses from 15-20% of it's value in depreciation. And in our current market environment, it's more like a 25-30% hit you are going to take the first year. I mean think about it man... there are still a ton of NEW 2008 Evo's sitting on dealer lots all over the country unsold and even more sitting at port waiting to be delivered to those same dealers.

What do you think is going to happen to the value of your car when Mitsu puts out 4 grand in rebates and dealers start selling NEW ones below cost to get them off of their books. I got my PB X GSR SSS/Aero for 29K OTD with 15 miles on it and I'm sure I could have gotten at least 1K more off of that price if I really wanted to strip out the deal even further than it already is. Basically it comes down to this. It will be cheaper to buy 2008 Evos new rather than even slightly used until this bear market is over, period!


And just an aside...let's do your comparo but in the opposite direction. You say that $600/mth is to $950/mth what a 2008 Evo X is to a C63 AMG. No brainer right? An Evo X is trash next to a C63 AMG/M3/RS4, which happen to all be at least 20 grand more than an Evo X [~$350 more per month @ 0%]. But say $350/mth in the opposite direction...hmm, that's what? $600/mth minus $350/mth equals $250/mth!! So lets see what u can get with $250/mth [15K @ 0%] Well for 15K I think you can get a KIA or maybe a Honda FIT [definitely not a Civic anymore], but probably nothing that is very fun to drive or has anywhere near 300hp. Which is probably another check in the "you fail" column.

e55nEVO9

iTrader: (28)

Kuba, just out of curiousity, how old are you?

MKULTRA

ill admit it too m3 and rs-4 are both very nice cars imo compared to a x but I would rather drive my x and maybe on later get an m3.

goofygrin

iTrader: (5)

While I don't disagree with the second half of your statement, tell me the dealer where you got this deal.

South Coast:
GSR SSS
MSRP $35,655
$31,499

Factory Installed Aero Add MSRP $1,999
$1,590

You're telling me that you got a car with an MSRP of 37654 (and South Coast price of 33089) for 29k MINUS your TT&L? Are you factoring in some sort of trade allowance?

I find it VERY hard to believe that you got a car for likely 5k below what South Coast is selling the same car for.

beetle_orange

iTrader: (58)

^its because i saw him post on the "how much did you get your X thread" that it has something to do with him being in the military and buying a car out of state and having it titled in florida. he ended up paying $150 for TTL.

goofygrin

iTrader: (5)

Still even then... $4k less than South Coast? Was the car wrecked in those 15 miles? Did someone think it was a ralliart? Something is not adding up here.

There's a potential 1k in rebates (military + loyalty) which would get him to 32098k... where's the $3k extra off come from? No way a dealer eats 3k.

beetle_orange

iTrader: (58)

^oh i agreee i was just pointing out his TTL. sorry if i was not clear.

9evolution

iTrader: (2)

c63 = 6.3 litres of douche and bad cologne

EvoLutionized8

iTrader: (62)

And those low prices that are being quoted is based off a multitude of rebates and rcving either the 0% for 60 months or 3% for 72 months and take off another $1000. check out Anaheim Mitsu and tell me you can't get a X SSS package for less than $30K... It can and is being done daily

EvoLutionized8

iTrader: (62)

and seriously, if you can afford those 3 aforementioned luxury sports cars (I've driven the M3 & RS4 while in Germany), then the X was definitely not your cup of tea. You are comparing two way different class of cars off the showroom floor. It's definitely your opinion. You're flippin the bill.

On a side note, I've driven in both the M3 and UK EVO X (FQ300) around Nurburgring and the X hands down was the best all around car. And for the price, it doesn't even compare.

goofygrin

iTrader: (5)

I stand 1/2 way corrected (since there's a LOT of confusion in that forum regarding the prices).

In any case, those prices are wicked crazy...

jwoods986

Here's one: http://cgi.ebay.com/ebaymotors/Cars-...1%7C240%3A1308

goofygrin

iTrader: (5)

wow... 29k AND it has the aero and SSS?

Sheesh the market has fallen out.

pltek

iTrader: (33)

some dealers are desperate, but the bottome line is that you take a car MSRP and you factor in following:

2000 dealer cash (just put on)
2000 customer rebate (if you are not financing)
1500-2500 (roughly) of profit and hold back
1000-2000 of dealer cash based on achieving certain steps
500-1000 of military, loyalty rebates

so theoretically if you combine all of this and the dealer doesnt keep anything you can currently get a VERY low price on car.

in reality they want to make something, at least cover their expense of selling a car and perhaps hundreds (if not thouseands) of dollars they had to pay for flooring on a car thats been sitting for months

HENCE: expecting to sell a used evo X w/sss for 28000usd at this moment is unreasonable, since you can get a new one, perhaps with more options (aero and or/nav) for same or slightly less. However, once 08s are gone and the 2010 are released with, i am pretty sure higher MSRP, the resale value of used 08 will bounce back and stabilize, unless you are currently dealing with uninformed buyer or seller, of course

Kuba23

iTrader: (4)

Im 27 why?