yeah in the Atlanta Area test drives r non exsistant(sp?)

 

Agreed. I've gone to several and heard they were not doing test drives.

 

My guess is that test drives are probably extremely rare anywhere... The person who wants an EVO knows exactly what they want and they are not interested so much in the test drive... I'm fine with getting a car with just enough miles to justify the initial dealer preparation.... look at it this way, the EVOs are limited production, you thrash your EVO and you thrashed your entire inventory..... CARMAX got 3 and sold them all post haste... Ed Voyles & Troncally have only one each (red cars) last time I looked... I don't believe the dealers are going to allow much in the way of test drives 'cause they cannot get enough EVOs to demo and sell new too.....

 

Carmax andEd Volyes told me that if i filled out the paper work and everything (bought the car basicly) i could drive it and if i decided that i didn't want it the deal would be scrapped and i could walk...but if i am gonna do that i am gonna keep the car

 

Was just wondering if you guys think a properly maintained Evolution will keep its value over the course of a few years. I know of people selling 7 and 8 year old M3s for something like 22k or more...which is very impressive for a high milage car.

The dealer told me that only a few thousand were made for the US market. I discounted this and I know he was just filling my head with B.S., but I cant help but wonder if this is true. If so, the evo 8 should keep its value just due to rarity.

Any thoughts?

 

they r not BSing u...no more than 6500 will be made...but the actual # for this year is less than 5000

 

let's hope mitsu stays true and only produces a limited amount, so that it's rarity ups it's value...

 

Well with that kind of supply this model year it would be kinda nice to know what number in the production run you have. I have some stickers on my manual but I doubt they are for that. VIN numbers are so blah and unsexy

 

Trust me, they will make more than 6500 Evolutions! You guys are just ****ting yourselves if you believe otherwise.

Just like the WRX's were supposed to be only 10,000 for 2002 MY...ha...do you know how many they sold that year? Very near 25,000!

Mitsubishi Motors Corperation is in this business to make bookoo bucks, not to make limited production cars. I tell you though, if dealers continue to gouge, maybe the sales will slip...and we won't see so many...

I would go out on a limb and bet that we see 12-15000 Evolutions this MY if they are selling well.

Andy

 

BADWRX....do u realize that the plant that makes the Evos can't produce that many for the US market and still keep their obligations to the other markets

thats what MMC has said

 

Mitsubishi's have never been known for their high resale value.
And Evo's hold their value alittle longer than other Mitsu models, until a new version is released, then they depreciate at a faster rate.

 

In all honesty I wouldn't even begin to think of an Evo having exclusive or collectible value for quite a few years. My thinking revolves around 3 main points:

1) will keep sending them over here year after year as long as they can sell them.

2) Inexpensive performance cars almost always take 20+ years to become collectible.

3) Most Evos put up for resale over the next 5 years will have been raced, modded, beaten, abused, wrecked or just plain thrashed. Think of trying to find a clean 3rd Gen RX-7 that hasn't been beat. The below average condition of an average used Evo will probably drag down the overall model value. But clean cars should still sell for considerably over the going rate if you can wait out finding the right buyer.

Not looking to be a gloom-cookie, but just my impression of what we're in for

 

Everything I have read says they are not limited. I dont think they will hold value that well but time will tell.

 

Ahahahahahaaaaaaa.

Longfury, I have a bridge and some swamp land I want to sell you...

They're great deals.

TRUST me!

 

A good starting point would be to get some people to post the residuals on their leases.

Anyone lease their Evo?

What's the residual on a 36 or 48 month lease? Do you have 12K or 15K mileage limits?

Once we know that, we can get a handle on 3 or 4 year value retention which should tell us something.

I suspect the residual will be really low. Mitsus are practically treated as disposable. Which means, it might be a good chance to get a big discount if you only plan to keep the car 3 or 4 years. If the value does hold, and the residual is low, you can sell the car for much more than you can buy it for at the end of the lease period...