My Evo 6 is as good as dead - what next?

[Driver101]

UTH said:

Sadly £25k is still a fair way off what the Evo is going to cost to get right......if it was 'just' the £25k budget I already have then it would be a no brainer.

I think I'll sit tight for the rest of this year and see what finances etc look like at the end of the year and make a decision then. I guess there's the one positive that I'm not in a rush as I do have the Mini as an option.

How does a car go from beloved to needing in excess of £25k restoration due to major rust issues?

Maybe it's time for the Evo to go if the costs to repair are so high. It'll be another car to be stored away before appearing on a certain thread on here.

[UTH]

Alias218 said:

Just to echo others, save the cash and put it towards the Evo.

In case you aren’t aware, these guys seem to be pretty clued up on Evo underbody restorations. Another PHer, I think with an S2000, went to them and their work looked glorious.

I’m not affiliated by the way, I’ve just come across them when looking for my own car.

That's exactly where it's currently sitting, so we're on the same page there

Been taking it to those guys for 10 years, so they know the car inside out and would also love to see it survive.

[UTH]

Driver101 said:

UTH said:

Sadly £25k is still a fair way off what the Evo is going to cost to get right......if it was 'just' the £25k budget I already have then it would be a no brainer.

I think I'll sit tight for the rest of this year and see what finances etc look like at the end of the year and make a decision then. I guess there's the one positive that I'm not in a rush as I do have the Mini as an option.

How does a car go from beloved to needing in excess of £25k restoration due to major rust issues?

Maybe it's time for the Evo to go if the costs to repair are so high. It'll be another car to be stored away before appearing on a certain thread on here.

Yes, I ask myself that question TBH. I know that these Evos do rust from inside out and all that jazz, but it still feels like MOTs should have highlighted the problems before they got this bad.

But driving myself mad wondering how it got to this stage etc doesn't really help me.

As time is on my side at least I can just park it up and see what happens to values of these cars over the next year or even two.

[braddo]

What are top condition Evos equivalent to yours worth?

The restoration cost sounds insane but how does it compare to sourcibg another car from Japan?

[UTH]

braddo said:

What are top condition Evos equivalent to yours worth?

The restoration cost sounds insane but how does it compare to sourcibg another car from Japan?

This one is the same RS450 version as mine: https://collectingcars.com/for-sale/1999-mitsubish...

And this one is just a 'normal' Extreme: https://collectingcars.com/for-sale/2000-mitsubish...

So, those are pretty much my only frames of reference really......

In terms of sourcing another one, I think I'm of the mindset that it's either save mine, or just move on from Evo ownership.

[Alias218]

Sometimes it goes beyond financial reason. I think if you have a lot of personal sentimentality attached to the car then it could be worth it. There’s definitely a line, but that’s for you to decide where it is!

Have you any pics of your car?

[UTH]

Alias218 said:

Sometimes it goes beyond financial reason. I think if you have a lot of personal sentimentality attached to the car then it could be worth it. There’s definitely a line, but that’s for you to decide where it is!

Have you any pics of your car?

Yeah couldn't agree more - if it wasn't for my attachment to the car I wouldn't be thinking about spending this much on it. The fact it's a very special edition of the Evo 6 does make it a bit easier to justify though

[braddo]

UTH said:

This one is the same RS450 version as mine: https://collectingcars.com/for-sale/1999-mitsubish...

And this one is just a 'normal' Extreme: https://collectingcars.com/for-sale/2000-mitsubish...

So, those are pretty much my only frames of reference really......

In terms of sourcing another one, I think I'm of the mindset that it's either save mine, or just move on from Evo ownership.

Ah I see, so a very very rare variant... And you already have the right specialist to do it. Makes sense now.

I think i'd be doing the same thing in your shoes. Except for being able to bear with a diesel. Panda 100HP?

[Edible Roadkill]

I remember watching the evo on carSOS, the underside of it was like paper after sitting in the elements near the sea for so long.

[UTH]

Edible Roadkill said:

I remember watching the evo on carSOS, the underside of it was like paper after sitting in the elements near the sea for so long.

Yeah, it's very depressing. And I don't even live anywhere near the sea and wasn't exactly putting 20,000 miles a year either

[AllyBee]

How about put the £25k into a car thats either depreciating slowly/maybe on the rise

something like a:
Mk1 Focus RS
C63 AMG
Porsche 996/997
Lotus Elise

That way when you are ready to tackle the Evo you could sell it and add the money to the pot?

[UTH]

AllyBee said:

How about put the £25k into a car thats either depreciating slowly/maybe on the rise

something like a:
Mk1 Focus RS
C63 AMG
Porsche 996/997
Lotus Elise

That way when you are ready to tackle the Evo you could sell it and add the money to the pot?

Yeah this has also been my logic. I was possibly going to buy my brother's RS4 off him with the view that it should hold value so I'd have the £25k to get back out of it.

So yeah, possibly something along the lines above. C63 AMG was a car my bro looked at years ago before actually buying the RS4 funnily enough.

[braddo]

Don't go near a 996/997 porsche that hasn't had a Hartech engine rebuild. Otherwise you risk spending the Evo kitty on a £15k engine rebuild.

[Gad-Westy]

braddo said:

Don't go near a 996/997 porsche that hasn't had a Hartech engine rebuild. Otherwise you risk spending the Evo kitty on a £15k engine rebuild.

Certainly possible. Personally, I wouldn't fancy running anything like that if I was trying to save to get my P&J back to rude health. 911's, C63's etc are all capable of opening the floodgates on your bank account and seem unnecessary if you already have a Corvette on the drive. I think I'd be leaning towards fun but sensible daily and getting that Evo seen to asap.

[UTH]

Gad-Westy said:

braddo said:

Don't go near a 996/997 porsche that hasn't had a Hartech engine rebuild. Otherwise you risk spending the Evo kitty on a £15k engine rebuild.

Certainly possible. Personally, I wouldn't fancy running anything like that if I was trying to save to get my P&J back to rude health. 911's, C63's etc are all capable of opening the floodgates on your bank account and seem unnecessary if you already have a Corvette on the drive. I think I'd be leaning towards fun but sensible daily and getting that Evo seen to asap.

True. A car that held value but didn’t cost much to run and maintain is probably not a C63 etc

[s m]

UTH said:

Yeah couldn't agree more - if it wasn't for my attachment to the car I wouldn't be thinking about spending this much on it. The fact it's a very special edition of the Evo 6 does make it a bit easier to justify though

“The Evo of Destruction”!!!

I remember Chris Harris’ article driving the white one - nearly 25 years ago now!

[Gad-Westy]

UTH said:

Gad-Westy said:

braddo said:

Don't go near a 996/997 porsche that hasn't had a Hartech engine rebuild. Otherwise you risk spending the Evo kitty on a £15k engine rebuild.

Certainly possible. Personally, I wouldn't fancy running anything like that if I was trying to save to get my P&J back to rude health. 911's, C63's etc are all capable of opening the floodgates on your bank account and seem unnecessary if you already have a Corvette on the drive. I think I'd be leaning towards fun but sensible daily and getting that Evo seen to asap.

True. A car that held value but didn’t cost much to run and maintain is probably not a C63 etc

Do you need much practicality/comfort?

[UTH]

Gad-Westy said:

UTH said:

Gad-Westy said:

braddo said:

Don't go near a 996/997 porsche that hasn't had a Hartech engine rebuild. Otherwise you risk spending the Evo kitty on a £15k engine rebuild.

Certainly possible. Personally, I wouldn't fancy running anything like that if I was trying to save to get my P&J back to rude health. 911's, C63's etc are all capable of opening the floodgates on your bank account and seem unnecessary if you already have a Corvette on the drive. I think I'd be leaning towards fun but sensible daily and getting that Evo seen to asap.

True. A car that held value but didn’t cost much to run and maintain is probably not a C63 etc

Do you need much practicality/comfort?

As long as it has 4 doors and some sort of a boot......basically another 2 door sports car is a no go, most other options are open

[roca1976]

There are some really interesting 2017/18 cars that were sub £40k RRP new so fall into the £185 VED:

WRX STI
Nissan 370Z
Focus RS
AMG A45
Mustang V8

[Ash_]

As some others have said, if it were me, I'd just daily the Mini (and use the Vette more too), and put that £25k toward your Evo work, that way, you can start the Evo work now in slow, perhaps the initial £25k is sufficient to get it to a state where you can still use it while you save and do the other stuff over time?

I love Evo's, never owned one, but always preferred them over the Subaru equivalents. As yours is so rare and special I'd do the above.