Notices
Evo General Discuss any generalized technical Evo related topics that may not fit into the other forums. Please do not post tech and rumor threads here.
Sponsored by: RavSpec - JDM Wheels Central

2004 Mitsubishi Lancer Evolution Collectable

Thread Tools
 
Search this Thread
 
Old May 8, 2003, 10:12 AM
  #16  
Evolved Member
iTrader: (2)
 
Secret Chimp's Avatar
 
Join Date: Oct 2002
Location: Between the Blue and the Sand
Posts: 2,367
Likes: 0
Received 0 Likes on 0 Posts
They made the mustangs for many years after the 64.5 model year, right? So evnthough the car was produced and updated many times over the years, the 64.5 is still collectible.

The truth is, there is no way to tell if a car will be collectible in the future.

Slowed deprecitation over the short term can't even tell you if it will be collectible in 30 years time. It just lets you know that the demand for the car in the short term remains high.

Production numbers can't tell you if the car will be collectible. There are cars that were made in the hundreds of thousands that are collectible...57 Chevys for example. And there are cars that were made in relatively small numbers that are not very collectible....Nash Metropolitin for example.

But one thing it has going aginst it being collectible....it comes from Japan. Very few collectible cars in the US come from Japan.

But the advent of the "import scene" may change that.....

Because if the enthusiasts who grew up owning imports, in the future, ever try to recapture their youth by buying the cool cars of their time, some imports will be collectible...

A car's being collectible or not has a lot to do with it's ability to be able to capture a moment in time...whether it be a race series win, the youthful car/surfer culture of the 1950's, the drag racing scene in Detroit in the 1960's, or post war feelings of victory and freedom.

If the Evo happens to be able to capture an essence of today that we would like to recapture in the future, it will be a collectible car.

SC~ who's argument is prolly half baked.
Old May 8, 2003, 10:32 AM
  #17  
Account Disabled
 
In2DeepSD2's Avatar
 
Join Date: Oct 2001
Location: San Diego, CA
Posts: 70
Likes: 0
Received 0 Likes on 0 Posts
Originally posted by NomisR
But then again, if you consider how many people go out and mod their cars.. the few stock ones left would probably be worth a bit more... who knows.. wonder what the resale value of these cars would be.
Resale value is (for the most part) predetermined. Certain entities like underwriters, banks, insurace companies etc need to have a pretty clear estimate of what it will be worth. I believe the number for the Evo was 41 or 42% after three years. (Don't quote me on that, but it's close)


Mario
Old May 8, 2003, 10:46 AM
  #18  
EvoM Community Team Leader
iTrader: (2)
 
sblvro's Avatar
 
Join Date: Sep 2001
Location: chicago, michigan, arkansas
Posts: 3,135
Likes: 0
Received 6 Likes on 6 Posts
a well preserved 1990-92 3000GTVR-4 and galant VR-4 with low mileage and no mods will hold its value.
Old May 8, 2003, 11:17 AM
  #19  
Evolving Member
 
EVO SPECIALIST's Avatar
 
Join Date: Mar 2003
Location: Widefield
Posts: 177
Likes: 0
Received 0 Likes on 0 Posts
The same thing was said about the supra and rx-7,just as many of those came over as the evo.The deciding factor will be its rep. I beleave the evo's value will not drop,Because after the 10 there will be no more Evo.And because of this mark up issue,on the dealer selling these right and w/good csi's will next the next major allocation
Old May 8, 2003, 11:24 AM
  #20  
Newbie
 
mk4killer's Avatar
 
Join Date: Mar 2003
Location: AK
Posts: 69
Likes: 0
Received 0 Likes on 0 Posts
One word supra they have held there value quite a bit... Another word Fast and the Gay it was the flag ship car of the old movie and made prices for that car sky rocket... Now the Fast and the Gay 2 is coming out and the evo is the flag ship car in this movie and all the little Rice boys will want one so hey if someone is gonna offer me 40k for my evo i will sale it to anyone lol :-) Just my 2 Cents
Old May 8, 2003, 11:35 AM
  #21  
Evolving Member
 
EVO SPECIALIST's Avatar
 
Join Date: Mar 2003
Location: Widefield
Posts: 177
Likes: 0
Received 0 Likes on 0 Posts
Negative,FF did nothing but show everyone who didn't know you could mod those cars out,#2 The supra value has droped 37% in one year since word got out the EVO and STI was coming, now those cars are coming in on trade,They can be bought a dime a dozen.All 2F2F will do is show those who don't know and claim there racer because they own a evo or supra and have never been to any kind of race school,that yes you can modify a evo and 2003 ecplise.
Old May 8, 2003, 11:54 AM
  #22  
Evolving Member
 
TurboZ's Avatar
 
Join Date: Mar 2003
Location: Austin Tx
Posts: 127
Likes: 0
Received 0 Likes on 0 Posts
Originally posted by EVO SPECIALIST
Negative,FF did nothing but show everyone who didn't know you could mod those cars out,#2 The supra value has droped 37% in one year since word got out the EVO and STI was coming, now those cars are coming in on trade,They can be bought a dime a dozen.All 2F2F will do is show those who don't know and claim there racer because they own a evo or supra and have never been to any kind of race school,that yes you can modify a evo and 2003 ecplise.

yeah what he said. i hate the fast and the stupid
Old May 8, 2003, 12:27 PM
  #23  
Evolving Member
iTrader: (1)
 
netmand's Avatar
 
Join Date: Mar 2003
Location: Shrewsbury, MA
Posts: 330
Likes: 0
Received 0 Likes on 0 Posts
Yes, Any Evo is collectable. It is a special example of a normal production car (Lancer) and a consumer version of the WRC race car. Some Evos will be more collectable than others, like the Evo6 TME.

No, You will not make money selling the 2004 Evo in the future. It's not special enough to offset the cost to maintain and store the car in a 'collectable' condition.
Old May 8, 2003, 12:50 PM
  #24  
Evolved Member
iTrader: (9)
 
mayhem's Avatar
 
Join Date: Apr 2003
Location: Louisville, KY
Posts: 1,773
Likes: 0
Received 0 Likes on 0 Posts
Originally posted by Secret Chimp
They made the mustangs for many years after the 64.5 model year, right? So evnthough the car was produced and updated many times over the years, the 64.5 is still collectible.

The truth is, there is no way to tell if a car will be collectible in the future.

Slowed deprecitation over the short term can't even tell you if it will be collectible in 30 years time. It just lets you know that the demand for the car in the short term remains high.

Production numbers can't tell you if the car will be collectible. There are cars that were made in the hundreds of thousands that are collectible...57 Chevys for example. And there are cars that were made in relatively small numbers that are not very collectible....Nash Metropolitin for example.

But one thing it has going aginst it being collectible....it comes from Japan. Very few collectible cars in the US come from Japan.

But the advent of the "import scene" may change that.....

Because if the enthusiasts who grew up owning imports, in the future, ever try to recapture their youth by buying the cool cars of their time, some imports will be collectible...

A car's being collectible or not has a lot to do with it's ability to be able to capture a moment in time...whether it be a race series win, the youthful car/surfer culture of the 1950's, the drag racing scene in Detroit in the 1960's, or post war feelings of victory and freedom.

If the Evo happens to be able to capture an essence of today that we would like to recapture in the future, it will be a collectible car.

SC~ who's argument is prolly half baked.
good points. One thing about Japanese collectibles..how many japanese cars were in the States or other countries long enough ago to actually be collectibles now? Probably not many if any. Those 50's and 60's collectibles were all Domestics because more than likely that's all there was. I don't think being an import will affect this wonderful title of age and appreciation.
Old May 8, 2003, 10:13 PM
  #25  
Newbie
Thread Starter
 
intimidator2000's Avatar
 
Join Date: May 2002
Posts: 73
Likes: 0
Received 0 Likes on 0 Posts
But now is there any domestics that would be a collectable.

netmand has a point is it worth it the cost to maintain and store the car in a 'collectable' condition because after all the cost to maintain a turbo and keeping the turbo in good working condition.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Redline360
Evo 'For Sale' Suspension / Brakes / Handling
0
Mar 2, 2017 03:35 PM
astral
Evo Engine / Turbo / Drivetrain
4
Sep 15, 2016 01:27 AM
db8 na
Evo General
21
Feb 1, 2004 08:34 AM
Evolution Racer
The Loft / EvoM Car Talk Corner
21
Aug 12, 2003 04:18 PM



Quick Reply: 2004 Mitsubishi Lancer Evolution Collectable



All times are GMT -7. The time now is 03:55 PM.