Purchasing an Evo Soon
#1
Evolving Member
Thread Starter
Join Date: Sep 2004
Location: FoCo, Colorado
Posts: 363
Likes: 0
Received 0 Likes
on
0 Posts
Purchasing an Evo Soon
Just thought Id stop by and say hi to everyone. Currently I own a 94 Integra LS, one night I started thinking and realized the teg wasnt doing it for me anymore. I wasnt getting any satisfaction or happiness in driving it, so I started researching...and decided on the Evo VIII. I plan on selling the Integra here soon for a good 9-11k (In perfect condition) and using that money as a down payment for a Evo. Im 17 and I work my *** off as I work two jobs and make about 1000 a month (Its cool living with your parents because you dont have to worry about other payments besides your car ) Im planning on purchasing a black or silver Evo still trying to decide, prolly going to see if I can get a new 2003 from a dealership for around 26-28k. Just thought Id stop by and share with everybody about my intentions on buying the car, I cant wait
#2
goodluck...just dont spend ALL of your money on the evo.....you need a bit of savings to keep the thing on the road...as im sure you probably already know...and dont drive like an idiot, I just saw some young kid off the road with his evo today...dont want to see anymore of that.
#4
Evolving Member
Join Date: Sep 2004
Location: Chicago, IL
Posts: 338
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by FluxedSpeed
Currently I own a 94 Integra LS, . I plan on selling the Integra here soon for a good 9-11k (In perfect condition)
2) Auto or 5-spd?
3) sedan or coupe?
4) stock or modded?
#7
Evolving Member
Join Date: Jun 2004
Location: SF Bay Area
Posts: 125
Likes: 0
Received 0 Likes
on
0 Posts
a 94 LS was around $18,000 brand new, back in... 1994...
ure telling me the value of your 10 year old vehicle only depreciated by 40 to 50%?
www.kbb.com
ure telling me the value of your 10 year old vehicle only depreciated by 40 to 50%?
www.kbb.com
Last edited by evo sky; Sep 13, 2004 at 11:22 PM.
Trending Topics
#9
Evolving Member
Join Date: Jun 2004
Location: SF Bay Area
Posts: 125
Likes: 0
Received 0 Likes
on
0 Posts
thank god my evo is already paid off
but bro... lets just say u have some savings, sold your '94 LS, and come up with $10,000
an evo is roughly $30,000 so you are borrowing $20,000
I really dunno how good a 17 year old's credit will be... but lets just say they approve the loan, and you have to pay it off in 5 years
$20,000/5years/12 months blah lets say that comes to about $400 a month including interest
what about insurance? Im 24 and my insurance is $200 a month
im assuming urs will be close to $350 being only 17
so ure spending $750 a month on your car... and thats without any gas going in the car yet.. ure left with roughly $250 to spend per month
is it worth it?
but bro... lets just say u have some savings, sold your '94 LS, and come up with $10,000
an evo is roughly $30,000 so you are borrowing $20,000
I really dunno how good a 17 year old's credit will be... but lets just say they approve the loan, and you have to pay it off in 5 years
$20,000/5years/12 months blah lets say that comes to about $400 a month including interest
what about insurance? Im 24 and my insurance is $200 a month
im assuming urs will be close to $350 being only 17
so ure spending $750 a month on your car... and thats without any gas going in the car yet.. ure left with roughly $250 to spend per month
is it worth it?
#10
Evolving Member
Join Date: Sep 2004
Location: Chicago, IL
Posts: 338
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by evo sky
I really dunno how good a 17 year old's credit will be... but lets just say they approve the loan, and you have to pay it off in 5 years
#11
Evolved Member
Join Date: Jun 2004
Location: Conway/Little Rock, AR
Posts: 1,061
Likes: 0
Received 0 Likes
on
0 Posts
a 94 GSR is only worth 3,850 and an RS is only worth 2,775. That is with mileage listed as 0 and in perfect condition. Good luck getting 10K out of anyone.
#12
Evolving Member
Join Date: Sep 2004
Location: Chicago, IL
Posts: 338
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by EVOL 8
a 94 GSR is only worth 3,850 and an RS is only worth 2,775. That is with mileage listed as 0 and in perfect condition. Good luck getting 10K out of anyone.
#13
Evolved Member
Join Date: Jun 2004
Location: Conway/Little Rock, AR
Posts: 1,061
Likes: 0
Received 0 Likes
on
0 Posts
what is even funnier is if you add mileage and change the condition to something a little more believeable for a 10 year old car, it responds "no value"
#15
Evolved Member
iTrader: (2)
Join Date: Sep 2003
Location: Currently in the digital divide.
Posts: 1,108
Likes: 0
Received 0 Likes
on
0 Posts
my mom has an integra...she tried getting me to buy it from her
believe me, 94 integra ain't gonna be worth 10k...unless you have the blood of a hustler and can negotiate the dealership to take a 10k trade in on a 10yr old acura...
believe me, 94 integra ain't gonna be worth 10k...unless you have the blood of a hustler and can negotiate the dealership to take a 10k trade in on a 10yr old acura...