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> Value Of Mitsubishis, Haha...trade-in value?
utiheadbanger
post Aug 22 2006, 11:14 PM
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So I got a funny story here. I hate my car. Yes, I talk about it like it I like it and all but in all actuality there are so many reasons I hate it. Slow isn't even one of them. It has beige interior, is auto (I bought it 6 months before I learned to drive stick) and has like NO options other than power windows/locks/mirrors. No cruise, nada. Well, I work for a Nissan dealer where we had a pretty sweet/sleeper '99 Sentra SE 5-speed come in. The reason it's a sleeper is because it has the SR20DE engine (the non-turbo version of the SR20DET used in the Silvia in Japan) and it has a sunroof, factory bronze alloys, etc. I had to do the used car inspection, replaced the things that needed attention, and with 90K miles, the car is SOLID. Anywho, I was thinking of buying it and trading in my Lancer (actually I didn't think I almost did it) and I saw the value of my car. 2003 ES with 31K miles (look on my garage page for pics/specs), I owe $8000 and it's only worth $6,500. The Honda dealer I worked at only would give me $5,000. I always thought this was crap until I learned why: Chase and many other financial institutions will NOT finance used Mitsus. Reason being: They fear in the next few years or so that Mitsu will be going out of business. I guess the sales of the new Eclipse aren't as high as expected, at least that's what our Chase rep. says. I just thought you guys might like to know what a non-Mitsu dealer says about it.
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mfalik
post Aug 23 2006, 07:54 AM
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You should sell the car privately then. The NADA value is a little over $8,000 (average retail). An 03 with low miles (heck I have 35,000 miles and mine's an 05) should sell. Dealers don't give $hit for trade in.

Mitsubishi has had a bad reputation lately. Personally I don't like the new Eclipse. Is it really that hard to make a rear wheel drive car?

I'd throw a for sale sign on your ride and get the Nissan. Isn't the Nissan SR20 motor "polo premium" (yes I'm making fun of Fast and Furious).

:beer:
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TTAngel
post Aug 23 2006, 08:23 AM
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I agree, Dealers won't give you decent money for a car... It's there job to buy low and sell high.

I'm glad I got a dodge... :P

but wait... my resale is even lower than the 3kgts... D'oh.
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mfalik
post Aug 23 2006, 09:17 AM
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I'm driving my car until the wheels fall off.
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utiheadbanger
post Aug 23 2006, 10:47 PM
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QUOTE
I'd throw a for sale sign on your ride and get the Nissan. Isn't the Nissan SR20 motor "polo premium" (yes I'm making fun of Fast and Furious).


Yes, it is, along with the VQ35 V6. But quite honestly, I want something REALLY nice when I pay my car off. I have even thought about an Altima SE-R (VQ35) or something like that. I want something I do a FEW things to and leave it at that for an everyday car. I plan on buying a toy when I move out, but until then, it's the Lancer.

QUOTE
I'm driving my car until the wheels fall off.


Take it to Discount Tire, that'll happen sooner than you think.
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mfalik
post Aug 24 2006, 08:15 AM
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I check my lug tightness a lot because that last thing I need is to see one of my BBS's rolling down the road while I'm driving.

I can't wait to get a toy car, but that won't happen for quite a few years, I have a Jeep in my garage on blocks waiting for some restoration work.

The Lancer works for me, afterall it's just a commuter car. If I want to drive fun cars I just go to my parents' house and steal the dad's porsche or jag.

:57:
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utiheadbanger
post Aug 28 2006, 08:28 PM
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QUOTE(mfalik @ Aug 24 2006, 08:15 AM)
I check my lug tightness a lot because that last thing I need is to see one of my BBS's rolling down the road while I'm driving. 

I can't wait to get a toy car, but that won't happen for quite a few years, I have a Jeep in my garage on blocks waiting for some restoration work. 

The Lancer works for me, afterall it's just a commuter car.  If I want to drive fun cars I just go to my parents' house and steal the dad's porsche or jag. 

:57:
[right][snapback]63892[/snapback][/right]


Well I can't do that since my dad drives an Intrepid :laughing:

I also miss working at BMW/Mini, because I drove fast cars all the time. When I was at Honda, they acted like the S2000's were gold. My response to my service manager was, simply, "It's no Z8, so no worries." Nissan's a little different, they treat every car like gold but won't yell at you like Honda did.
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pwee05
post Sep 1 2006, 07:49 PM
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Drives: 1996 Talon AWD. Built, but no longer drives: 1997 mitsubishi eclipse RS; 1990 Talon AWD; 1995 Talon AWD, 1997 Talon AWD. Seems like a pattern



mitsu needs to make a tuneable car again. they are so concerned with their EVO lancers (too expensive and not enough power) that they forgot how to make an affordable AWD car that gear heads like us can rip and hack apart and blast to 400hp.

dodge **** the bed to with the srt-4. they made a fast tuneable car that was affordable but if they would have only made an AWD srt-4 they would have KILLED the market (and a few dumb spoiled kids, but who needs them anyway :P )
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utiheadbanger
post Sep 1 2006, 10:53 PM
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QUOTE(pwee05 @ Sep 1 2006, 07:49 PM)
mitsu needs to make a tuneable car again.  they are so concerned with their EVO lancers (too expensive and not enough power) that they forgot how to make an affordable AWD car that gear heads like us can rip and hack apart and blast to 400hp.

dodge **** the bed to with the srt-4.  they made a fast tuneable car that was affordable but if they would have only made an AWD srt-4 they would have KILLED the market (and a few dumb spoiled kids, but who needs them anyway :P )
[right][snapback]64887[/snapback][/right]


I agree with you and the new Eclipse is NOT that car. I do like the look, but it's still a heavy FWD car. I hate how Dodge stopped making the Neon, and therefore the SRT-4 Neon. I say, keep the Neon SRT-4 and make the Calibullshit but not in SRT-4 garb.
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fullmoon
post Sep 4 2006, 09:41 AM
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ECLIPSE = [E]vil looking [C]ar with no high powered [I]nternal [P]erformance [S]tuff in the [E]ngine :)

I got a feeling they seen us comming...
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utiheadbanger
post Sep 4 2006, 09:48 PM
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QUOTE(fullmoon @ Sep 4 2006, 09:41 AM)
ECLIPSE = [E]vil looking [C]ar with no high powered [I]nternal [P]erformance [S]tuff in the [E]ngine :)

I got a feeling they seen us comming...
[right][snapback]65164[/snapback][/right]



Honda = Hold On, Not Done Accelerating
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squidlips
post Dec 17 2006, 07:07 AM
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Drives: 2002 VRX / 2000 Pajero Exceed



I bought the vrx cause it sounds good, looks good, goes fast. who cares what some dealer trying to make a quick buck thinks of it. I like it, I'm keeping it. If i find something better(doubt it) then i'll re-assess. till then, vrx all the way.. go with what you're happy with..
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