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What should I do?

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Old Aug 27, 2007 | 08:12 PM
  #1  
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What should I do?

I've had a handful of cars since I've been driving...and I've never particularly been into the Evo. Anyway, I drove one for the first time a few weeks ago and I fell in love with it. I found a 2005 MR at a local dealership recently, and I haven't driven it yet, but I found out a few things about it and I wanted to know what you all think.

The car has 20,000 miles on it, no dents, scratches, or curb marks. It has a few gauges (boost, etc.), downpipe, exhaust, intake, and I believe that's it. Do you guys think this would be a wise investment? These mods are definitely ones that I would consider on down the road...but I don't want to buy a car with problems. I got them down to $28,999 for the car, and it's worth a little over $30k. I can afford the payments and the loan, and I love the car. I still have to drive it, but presuming it doesn't feel strange or make any awkward noises, what do you think?

Thank you very much!

Matt
Old Aug 27, 2007 | 08:16 PM
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$29,000 is alot of money for 2005,you can get a brand new IX for that.
Old Aug 27, 2007 | 08:16 PM
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Sounds a little on the pricey side to me.....I would think closer to $26k would be more reasonable if it's in excellent shape. Maybe different in your area though. Have you shopped around much?
Old Aug 27, 2007 | 08:16 PM
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wait till the X comes out!!!!! then all VIII's and IX's will go down in price!!!!!
Old Aug 27, 2007 | 08:18 PM
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yeah dont act too quick. the more money you can save the more cash you have for supporting mods.....

sounds like the car looks good but come down on the price a tad and you are golden
Old Aug 27, 2007 | 08:21 PM
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there is no reason for an 05 to cost that much i dont care how clean it is. look for a better deal
Old Aug 27, 2007 | 08:23 PM
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$29k is waaay too much money. You could save up $3-4k more and buy a brand new Evo with zero miles instead. I've noticed a lot of people pricing their Evos way too high lately. KBB doesn't take into account that these cars have most likely been beat on and driven much MUCH harder than a typical everyday car. I would never pay more than $20 for an '03 or more than $26 for an '05 used.

This guy just sold his '05 for $22k with about the same amount of miles, granted it's not an MR, but in this case I think the buyer and seller both got a fair deal: https://www.evolutionm.net/forums/sh...d.php?t=291566

Last edited by yoda; Aug 27, 2007 at 08:27 PM.
Old Aug 27, 2007 | 08:24 PM
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you will be paying 3000 to 5000 more at the dealership
Old Aug 27, 2007 | 08:26 PM
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How long until the X is here? That could be a looong wait!
Old Aug 27, 2007 | 08:26 PM
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Originally Posted by jenx1976
wait till the X comes out!!!!! then all VIII's and IX's will go down in price!!!!!
I hope that's true, I'm kind of waiting for that myself. Of course if everyone hates the X then those will go up in price
Old Aug 27, 2007 | 09:04 PM
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+1 on the price being to high.
http://www.automobilemag.com/classif...139/index.html

Case and point above!
Old Aug 27, 2007 | 09:05 PM
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^^^ is a IX MR too!!! go get that one lol
Old Aug 27, 2007 | 09:13 PM
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It's definitely too much money. I personally don't think the mods should factored in as an increase in value; heck, maybe they should even reduce the value of the car. I would MAYBE pay $24k.
Old Aug 27, 2007 | 09:16 PM
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Agreed, Too much for a modded VIII. All bets saying its been ridden hard and put away wet.
Old Aug 27, 2007 | 09:22 PM
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Yea, i paid 25k for my 2005(not an MR though) last year in September with 16k mi on it. I would look into just getting a IX, dont rush into the purchase. See what else is out there.



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