My only problem with the Evo is the price. I just don't feel like I'm getting that much "car" for $40K (and that's a base 2012 GSR model!). Yes it has a lot of performance, but there wasn't anything "special" about it to win me over from the Nismo that I eventually bought.

I got my 13 gsr for 35 out the door. Not too bad.

Wow! How did you swing that?! The dealer I went to had a '12 that had been on the lot for over a year, PLUS it had hail damage (!) and they would only go down to $37,500 (before TT&L). MSRP was a bit over $40K.

Thats because you havent actually driven the car. The AWC system in it is amazing on the track and in rough weather conditions (ie Snow). Unlike the STi where it detects a wheel slipping and shifts the power to the front or rear wheels, the Evo can shift the power to side to side as well. If need be it will put all power to just one wheel. Thats why they call the evo's at my local track, a "cheater car". But god damn, this car is amazing in the snow. I got back from Afghanistan on Feb 28th last year and didnt bother putting winter tires on the car (first time it seen a winter). So i had pretty close to bald stock summer performance tires on. Even with a good foot or two of snow and driving on the highway, watching all the other cars go into the ditch. The Evo just smiled and kept going.

That is why its 40k and its well worth it. As well as the Evo holds value, unlike the Z. I lost 20k in value in 8 months on the Z. Assuming my engine wasnt blown with almost a year and half and twice as many km's on it. I would only loose about 5k in value on the car.

All of them say that at the beginning. They act like they wont come down at all on the price. Just gotta know how to negotiate and work em' ;) haha

Who said I never drove the car? I've driven Evo's with 400 WHP. They are stupid fast and they corner very well (my Nismo handles better, though obviously not in bad weather) but the car itself is just too plain.

At the end of the day it's really just a souped up $15K Lancer. Yes, the performance is awesome, but it doesn't "push my buttons" like a true sports coupe does.

If the car were closer to $30K I would be all over it. At $40K+, I looked elsewhere. Just my opinion and personal taste. Not hating on the car.

Not my style. Nissan wanted my business more and they got it.

The way their sales have been Mitsubishi should be treating prospective buyers like manna from heaven, but I guess dealerships will be dealerships.

bahahahahahahahahahahahahahahahahahahahahahahahaha hahahahahahahahahahahahahhahahahahahahahahahahahah ahahahahahahahahahahahahahahahahahahahahahahahahah ahahahahahahahahahahahahahahaha!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!

get real bro!

Evo's are cool but how'd you lose $20K in 8 months on a Z?

My Z was 8 months old, 16,500km on it. Non - smoker and abit of cosmetic damage (approx $5000 so they said). I pad $43,xxx for my Z (im in canada, we pay more for cars) and they gave me $24,000 trade in.

The evo doesn't have the looks.

^some people say the Z is an ugly car also. I chose the Z over the EvoX because I was tired of boosted cars always having weird gremlins (I owned a VW GLI and a BMW 135i previously), I wanted a coupe, and the Z just seemed a little more comfortable than the Evo. I drove my friend's Evo MR around for 2 days and the interior drove me nuts. It was extremely loud and everything rattled. The car only had 7k miles. However, I look stupid now whenever I "try" to keep up with my friend and his modified Evo. Those cars get stupid fast with very little effort. It's whatever floats your boat. I like to throw my Z around tracks with a lot of turns and I don't really care about speed. I wouldn't trade my Z in for anything else on the market besides... a Porsche GT3? :)

It's all priorities. Decide what attributes you want most in your car, give both vehicles a fair test drive, and make a decision based solely on YOUR experience. Done and done.

S.

Ouch! Sucks to be Canadian, eh! :tiphat:

Epic Fail.

So somehow your $5K worth of body damage translates into the Z losing too much of its value vs. the Evo?!?! I wouldn't pay top dollar for a banged-up car either, I don't care if it's a Ferrari! Plus, you are calculating your loss based on what a dealer wanted to give you for it on a trade-in. That's the lowest possible market value out there.

I love the logic of some people. :gtfo2:

$5k worth of damage, still left $15k lost in value. The Z doesnt hold its value, period. The Evo's do. But whatever I didnt really care. At that point i just wanted to get rid of the Z. I would have traded it in even if i was only getting $10k for it.

EVOs hold their value? I really think you got that backwards but I could be wrong. Z's hold their value better than most cars, you find out as soon as you look for a used one.

I would consider buying a used Z but not a used EVO. I know how EVO owners treat them! lol

and you think Z's are treated any better? I can go in the city right now and buy a used one for under 30k now.

http://www.autotrader.ca/a/Nissan/37...howcpo=ShowCPO

18,xxxkms on it and 29k. Thats about $13,000 drop in value on a 09 with only 18,xxxkms

http://www.autotrader.ca/a/Nissan/37...howcpo=ShowCPO
2009 Evo 85,000kms and still $36,000. Thats a $4000 drop in value for a 09 with 85,000kms


I own/owned both cars, dont sit there and tell me the Z holds more of a value then the Evo...lol. Mitsubishi's are famous for holding their values.

The Z has some the highest residual value in the market. They only sell 10k per year. There aren't very many. Snakes, you just got taken to the cleaners. Cosmetic damage or not, you ate $20,000 and don't car is stupid. Regardless if you liked the car or not, you let your emotions devalue what you were selling to the dealer. It's not one sale, but two, because you did not see it as such, I would estimate your eating $100 every month you make a payment on your Evo that could have been put back into your car.

yea, and those are random samplings. I can go to an autotrader ad and pick out a stupidly overpriced evo and a underpriced Z also. Evo's get the supra treatment- they were in a few movies so people think they can overcharge what their worth. And that 09 Z your talking about? If its an 09 that means it has a good chance of being sold in 08. So a 4 year old car lost 10k off the top end, and not to mention its getting winter time so RWD sports car prices are dropping all over? Good call

so you are saying the over hyped yeah buddy, but they haul *** when the right mods are done to em. :driving:

Well the Evo is an 09 as well, so theres a good chance it was sold in 08 as well and only lost 4k with 85,000km's on it. My buddy just traded his RalliArt for a BMW 355i or whatever the hell they are called. I believe he had 68,000kms on it and he got $36,000.

Another local Evo owner traded his Evo in for a bmw as well. Paid $39,000 for it brand new, had 35,000kms on it and got $37,000 for it.

I see this posted all the time and it just isn't true. Let's do 2011 models.

370Z coupe

Year 1 Year 2 Year 3 Year 4 Year 5 5 Yr Total
Depreciation $3,233 $2,835 $2,494 $2,212 $1,985 $12,759

2011 Mustang:
Year 1 Year 2 Year 3 Year 4 Year 5 5 Yr Total
Depreciation $2,574 $2,275 $2,023 $1,816 $1,655 $10,343


WRX sedan:

Year 1 Year 2 Year 3 Year 4 Year 5 5 Yr Total
Depreciation $2,585 $2,268 $1,994 $1,769 $1,587 $10,203

Mazdaspeed3

Year 1 Year 2 Year 3 Year 4 Year 5 5 Yr Total
Depreciation $1,864 $1,649 $1,465 $1,315 $1,199 $7,492

NADA is having an issue pullign up 09's right now- so we will do 2010. I picked NADA because when getting approved for a car loan through my credit union-they use NADA to determine the value.

2010 GSR evo-thats the trim model I belive you have in your sig- 30k miles. I put the wheels/leather/sunroof as options

2010 Mitsubishi Lancer Sedan 4D Evolution GSR AWD Base Price, Mitsubishi Lancer Dealer Cost & Mitsubishi Lancer Prices w/ Mitsubishi Lancer Trade In & Book Value | NADAguides | NADA Car Value Guides

here is the Z- touring w/ sport package (assuming this is what you had based on the price you mentioned earlier)

2010 Nissan 370Z Coupe 2D Touring Base Price, Nissan 370Z Dealer Cost & Nissan 370Z Prices w/ Nissan 370Z Trade In & Book Value | NADAguides | NADA Car Value Guides

Same year, same miles, same amount in options, the Z is worth more. Once again, with the Evo you are paying the "fast and the furious" sales tax.

Not saying you or NADA are wrong but im seeing different prices going with my buddies to get their cars. Not that it changes the difference between the two cars but add $10,000-15,000 to those prices that nada quotes, for Canadians...lol.

A guy in my unit was looking at traded in his 350z for a 370z or GTR. I was looking at used 370z's and they were between 20-30k with between 30,000-80,000kms. In Canada you are lucky to find a used Evo for anything less then 30,000-35,000 no matter how many km's on it.

And once again, bunch of our local evo club traded their cars in for BMW's (oddly enough 5 guys traded their evo's for bmw's within a span of a couple months) and they all got amazing trade in value. I actually called up the dealership yesterday to give me a quote on my car with a blown engine. $19,000k for a evo that has a blown engine which is pretty damn good.

Your spreadsheet needs a starting price. Cars at a higher price losing the same % in residual value in comparison to another vehicle that is more inexpensive. Considering most Z's are averaging about $37,000 new (I'm not factoring what anyone paid just MSRP), it paints a different picture.

KBB estimates my vehicle at $31,200 (around 10k mi) in excellent condition on private resale and $29,300 on trade in. Sticker, my vehicle was around $36.5k. With VPP pricing, I got it for $32,400 (irrelevent to the arguement, but only losing $1300 and owing $28k, I'm winning this battle of depreciation and only owned it for a total of one year.)

I ran the same thing with a 2011 Ford Mustang GT Premium with leather, HID headlights and same mileage, $26,650 and the stealership will only pay $24,395.

I'm not sure what reputable source your using, but these are prices in the States using KBB, a source most dealerships and private buyers use to estimate the value of a vehicle.

Irrelevant to the argument, but only losing $1300 and owing $28k, I'm winning this battle of depreciation and only owned it for a total of one year. I am already out from being underwater and my loan was for $34k.

I'm going to bed (Afghanistan), so you have roughly 7 hours to formulate an argument to prove I am incorrect.

Using KBB prices is enough argument against your point.


Try looking at auction prices vs actual price paid, rather than comparing Msrp to KBB excellent.

The number of cars sold for KBB's excellent price can probably be counted on one hand.

Try actually selling the car, then re-evaluate



EDIT, for fun, here is depreciation as a percentage of MSRP and average purchase price.


MSRP ||5 year depreciation (per NADA) ||residual (vs MSRP) ||average purchase price new ||TC residual

2011 370z
$31,450 || $18,302|| 0.418060413 || $31,296 || 0.4200
GSR
$34,095 || $19,204|| 0.436750257 || $33,080 || 0.4497
MR
$38,090 ||$21,302 || 0.440745603 || $35,380 || 0.4686



All based on NADA to keep things fair

Fast and the Furious tax. Just like a MK4 supra- Blue book in good condition 15-30k usually, but the market is fll of guys with 200k mile Supras going for 50k+. Just the nature of the car. The Evo was more popular then the Z, Hands down. The tuner crowd took it and ran with it, given it being turbo and all. The Z (just like the 350z) has a storied history, but for guys in the 20-40 demographic, without tons of extra cash to throw around, the Evo is a better bang for your buck modding vehicle.

Off topic- where were you at in the ghan? I was in the Kunar from 2010-11, and shinkay area 05-06

so a mustang does NOT depreciate faster then a Z? Hmm. Given the outrageous production numbers of the mustang compared to the 10k a year of the Z, I would have thought it to be opposite.:stirthepot:

The value stays high for the same reason there are a high number produced--a lot of people want to buy them.

love how you keep saying fast and furious. Yet the EvoX was never in any of the fast and furious movies and the Z was.

however evo VIII was in 2 fast 2 furious

That automatically means the Z is better lol! :tup:

But plenty of 9's. And you get my "drift" :icon14: Its the mark up the tuner crowd gives it. Now your just being difficult, I have given you empirical data to prove at least here in the states that the cars depreciate at the same rate. You got taken bye 5k of "cosmetic damage" and want to justify your purchase, and I get that. But spreading opinions (even the dealers opinion, which is where your getting your prices from) is no match for the truth I have provided for you.
p.s. princess patricia's light infantry. Really? /wink

and their was two 9's in fast five

I had 5k of damage. Some women scraped along my driver door and took off. I caught her, cops didnt want to do anything. Someone scraped along the corner of my rear bumper in a parking lot, left no info and then. My hood got a couple dents in it from me being stupid. I'm a strat, **** PPCLI. I was attached to 3VP during my tour to Afghanistan last year.

yea, had a dumb LT ( I say dumb because he backed up almost 10 feet straight to hit my car, then told me he "never saw it") back up into my car with an f150 a few weeks back, had to get the whole rear bumper repainted, costs his insurance 750. I am a grunt, and I joke about PPCLI, but those guys were legit my first deployment. And at least from our perspective, your ROE is much better implemented then ours. We have to send a letter bye carrier pigeon to shoot anything now.

that was the same way for Op Podium (winter olympics in vancouver) On our mountain we had our rifles, ammo but didnt have the bolts to the gun. We had a 9mm, loaded due to cougers in the area but we would have to get on the radio and get permission to engage if we were being attacked.

I'll be at work with "prison" internet, I'll check on this when I am off (12 hrs from now). But we all should keep in mind there are a lot offactors outside of type of vehicle that can affet the sales price. And for the record, I sold vehicles a while back, my car is definitely considered in excellent condition. IT's the only reason I used it, as it's a real world value. But I would cede, because I was a salesman does not make me an expert, but I definitely not ignorant of value :P

The fact that you deem your car to be in excellent condition does not mean it will ever sell for KBBs excellent estimation.


It's far more telling to look at what cars actually sell for. KBB is widely known to be inaccurate (generally inflated).