Mitsubishi Evos. Worth the money?

Mitsubishi Evos. Worth the money?

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Discussion

P13cur

10 posts

29 months

Wednesday 10th February
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liner33 said:
I had a quick look around yesterday went on the MLR and AT and good ones seem to be around £20k

When it comes to performance cars there is a key phrase to remember

"If you can't afford a good one you really can't afford a bad one"

I bought my 40,000 mile Evo 6 for £8k and put about the same into it in the 3 years I had it
I 100% agree in my eyes they are fantastic but poorly maintained one is not worth thinking of ... and theres alot of poor ones out there

Dylanaledhall

Original Poster:

299 posts

29 months

Wednesday 10th February
quotequote all
P13cur said:
I 100% agree in my eyes they are fantastic but poorly maintained one is not worth thinking of ... and theres alot of poor ones out there
Thank you, guys

towser

689 posts

175 months

Wednesday 10th February
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I had an VIII FQ340 back in 2004.....it was a white knuckle ride all the time, not a relaxing car by any stretch of the imagination, tiny fuel tank, short service intervals and drank like Jocky Wilson. It was fantastic. Not sure I could live with one today but glad I did.

Dylanaledhall

Original Poster:

299 posts

29 months

Wednesday 10th February
quotequote all
towser said:
I had an VIII FQ340 back in 2004.....it was a white knuckle ride all the time, not a relaxing car by any stretch of the imagination, tiny fuel tank, short service intervals and drank like Jocky Wilson. It was fantastic. Not sure I could live with one today but glad I did.
Must have been a very new car when you owned it

towser

689 posts

175 months

Wednesday 10th February
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Dylanaledhall said:
Must have been a very new car when you owned it
It was....before kids emptied my wallet and made me buy sensible family cars :-\

Dylanaledhall

Original Poster:

299 posts

29 months

Wednesday 10th February
quotequote all
towser said:
It was....before kids emptied my wallet and made me buy sensible family cars :-\
Ah damn dude. Yeah I'm trying to enjoy myself before I need to "mature"

liner33

8,261 posts

166 months

Thursday 11th February
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I did love mine , bought it in 2009 and sold in 2012, made about 400/400









As said 160 miles between fills, short gearing meant 4000rpm on the motorway, twitchy and always on its tiptoes but awesome on the right road.

Dylanaledhall

Original Poster:

299 posts

29 months

Thursday 11th February
quotequote all
liner33 said:
I did love mine , bought it in 2009 and sold in 2012, made about 400/400









As said 160 miles between fills, short gearing meant 4000rpm on the motorway, twitchy and always on its tiptoes but awesome on the right road.
It's nuts that even by today's standard, that thing looks awesome. Whenever a clean evo 5 or 6 turns up at a car show it usually has a massive crowd around it. There's a white Evo 5 in my town and it was at a car show last year it just got better and better the more you looked at it. Absolute stunner of a car.

Definitely see where you're coming from with the lack of daily driving and I kind of expected it to be honest. I remember commuting back and forth to Uni last year in my diesel Zetec S and because it only has 5 gears it was screaming at 70+ on the motorway. That in turn meant the car was probably doing 200 miles to a tank which for a car that claims can do 60mpg was appalling. My ST is simply more efficient than the diesel Zetec ever was. I know it has 6 gears instead of the zetec's 5 but it seems like it is more economical everywhere.

Interestingly, the Zetec handled really nicely and for some reason had really good lift-off oversteer. I'd just throw it into a roundabout if it was damp/greasy and then back would step out slightly. I've not tried this in the ST yet because I just haven't got the confidence in it yet which I think will come with time.

Yeah I think I'd love an Evo if I could keep it under shelter until it was a nice day or if I was simply going for a Sunday drive. What's nice is I work in a school and therefore always have weekends off. Would love to experience one someday.

Darkslider

2,891 posts

153 months

Thursday 11th February
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If you're trying to apply logic, which I don't think you should, the Golf R will haemorrhage money in depreciation, whereas the Evo will haemorrhage it in running costs. So pick your evil basically.

The golf wouldn't make me turn around to look at it every time I parked and walked away though, so no prizes for guessing which I'd choose!

Dylanaledhall

Original Poster:

299 posts

29 months

Thursday 11th February
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Darkslider said:
If you're trying to apply logic, which I don't think you should, the Golf R will haemorrhage money in depreciation, whereas the Evo will haemorrhage it in running costs. So pick your evil basically.

The golf wouldn't make me turn around to look at it every time I parked and walked away though, so no prizes for guessing which I'd choose!
Haha very true. But I think the overriding factor is the fact that some would prefer the Golf because it can be used every single day. I don't think we'll ever get a raw rally car for the road ever again which is probably why people are keeping hold of their Evos because they will be worth a bit in a couple of years.
I'd personally love to own one, but the evo as you said is a car that costs so much to run and therefore rules it out completely as a car for some people. And to be honest, I know Golf R's have dropped since new but I still think they're holding their value quite well for what they are. I could be wrong but I'm quite sure you need at least 18-20k for a decent spec R. But like I said, I haven't looked at the prices recently and could be wrong about that

Darkslider

2,891 posts

153 months

Thursday 11th February
quotequote all
The last flagship Golf; the R32 has a lower end of the market price of about £5k, from a quick eBay scan. With the popularity and volume of the R with some of the lease deals that were around I think you'd be optimistic to assume it won't depreciate to a similar value, which would be £10-15k loss. Sure once numbers dwindle enough theyll appreciate again, but the Evo is appreciating now?

The daily driver comment is a fair one, but if that were my thoughts I think I'd struggle to justify the extra over the ordinary GTI. You'd still have change leftover after a visit to R-tech and a smattering of parts from the APR catalogue, and you'd have a car that equalled the R in most respects.

Just some idle musings feel free to disregard any of the above hehe

Dylanaledhall

Original Poster:

299 posts

29 months

Thursday 11th February
quotequote all
Darkslider said:
The last flagship Golf; the R32 has a lower end of the market price of about £5k, from a quick eBay scan. With the popularity and volume of the R with some of the lease deals that were around I think you'd be optimistic to assume it won't depreciate to a similar value, which would be £10-15k loss. Sure once numbers dwindle enough theyll appreciate again, but the Evo is appreciating now?

The daily driver comment is a fair one, but if that were my thoughts I think I'd struggle to justify the extra over the ordinary GTI. You'd still have change leftover after a visit to R-tech and a smattering of parts from the APR catalogue, and you'd have a car that equalled the R in most respects.

Just some idle musings feel free to disregard any of the above hehe
I'm not going to disregard anything as I personally agree with the comment you made regarding the money you'd have leftover if you simply get a GTI. However, there are people that just want that AWD system and I don't really blame them. Especially if they aspire to own something like an A45 but can't quite justify the price.

Me personally I can't really comment. I just want to move on from FWD personally and again AWD would help out where I live but I wouldn't be against RWD to try something new smile

The only thing that would keep me involved with FWD would be something like a Turbo/ supercharged EP3 project but they can cost a fair amount. One lives near me and is running 500bhp and apparently isn't too bad to drive. My tuner has a friend who has one that's around the 750bhp mark and he says that's not fast it's just simply terrifying. But again, I'd only go for an EP3 project if I was wanting to get back into FWD after my current car smile

Edited by Dylanaledhall on Thursday 11th February 23:28

oxnop

68 posts

105 months

Friday 12th February
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I’ve had a golf as a daily and own a mint Evo 6 for the sunny weekends. Golf R as a daily. Evo as a weekend luxury (if you have a garage and disciplined enough not to take it out Oct-Apr!

Some pics of my Evo to whet your Evo appetite







Final pics to show benefit of it being garaged / not out in winter :-)





I haven’t got a clue what a clean Evo 6 would be worth now / what it would be worth in future to help determine view of depreciation of a R vs maintenance of a clean Evo

Dylanaledhall

Original Poster:

299 posts

29 months

Friday 12th February
quotequote all
oxnop said:
I’ve had a golf as a daily and own a mint Evo 6 for the sunny weekends. Golf R as a daily. Evo as a weekend luxury (if you have a garage and disciplined enough not to take it out Oct-Apr!

Some pics of my Evo to whet your Evo appetite







Final pics to show benefit of it being garaged / not out in winter :-)





I haven’t got a clue what a clean Evo 6 would be worth now / what it would be worth in future to help determine view of depreciation of a R vs maintenance of a clean Evo
Wow smile fair play, that looks absolutely stunning. That underside looks brand new too. That will be easily worth 25k and definitely 30k+ in a few years I reckon if you keep it as mint as it already is.

As for me I don't really mind depreciation because it will happen to almost every car ( unless you're lucky enough to own a mint evo such as yourself or own something like an F12 TDF). As long as I can use it everyday and as we've discussed you can't realistically run an Evo for half of the year if you want to keep it tidy.

It's a really annoying time for people like me that want to get into Evo ownership. At the moment the prices are high as they are but if we wait to save up they'll be even more expensive. I definitely see it as this snowball effect in a way.


I imagine Evo 10s may stay at their price or may even drop because they don't have the 4G63 to my knowledge. Not to mention a hell of a lot of Evo 10s came with the SST which I don't see as being that desirable. I'm not saying the SST is a weak gearbox, I've just heard they do have their issues and require lots of maintenance such as a re-teach now and again. I watch a guy on youtube known as Driveway developments and he has an SST evo 10 which he is forging and building to 600bhp so I'm really looking forward to seeing how he gets on with it.

don logan

2,617 posts

186 months

Friday 12th February
quotequote all
oxnop said:
I’ve had a golf as a daily and own a mint Evo 6 for the sunny weekends. Golf R as a daily. Evo as a weekend luxury (if you have a garage and disciplined enough not to take it out Oct-Apr!

Some pics of my Evo to whet your Evo appetite







Final pics to show benefit of it being garaged / not out in winter :-)





I haven’t got a clue what a clean Evo 6 would be worth now / what it would be worth in future to help determine view of depreciation of a R vs maintenance of a clean Evo
I hav something similar!

It’s ironic only wanting to drive a 4wd in the dry!



oxnop

68 posts

105 months

Friday 12th February
quotequote all
don logan said:
I hav something similar!

It’s ironic only wanting to drive a 4wd in the dry!


Looks great (snap!). You are right, it’s in the cold damp conditions that these cars really shine.. however mine will still never see salt!!

Dylanaledhall

Original Poster:

299 posts

29 months

Friday 12th February
quotequote all
don logan said:
I hav something similar!

It’s ironic only wanting to drive a 4wd in the dry!


You're so right. Kinda renders the AWD pointless because people only drive their Evos in the dry (rightfully so if you're keeping it in good condition). But AWD still helps out in the sun, especially with those who have big power builds.

liner33

8,261 posts

166 months

Friday 12th February
quotequote all
You have to keep them away from salt due to the lack of protection underneath.

Spent two weeks painting the underside of mine when I first bought it

Dylanaledhall

Original Poster:

299 posts

29 months

Friday 12th February
quotequote all
liner33 said:
You have to keep them away from salt due to the lack of protection underneath.

Spent two weeks painting the underside of mine when I first bought it
Definitely worth it to keep them protected. Will be worth it in the end for both maintenance and residual values

don logan

2,617 posts

186 months

Friday 12th February
quotequote all
Dylanaledhall said:
Wow smile fair play, that looks absolutely stunning. That underside looks brand new too. That will be easily worth 25k and definitely 30k+ in a few years I reckon if you keep it as mint as it already is.
This has 7.5k miles, it was up for £40k and it sold very quickly