What is the value of the 7?
#1
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What is the value of the 7?
Will the 3rd Gen keep its value? or will it drop or as the years go on will it gain value? I know corvettes are good about keeping their value, but are FD's like that?
#3
i kinda agree with Damon on this, they will continue to decline, but i think they will reach a limit and level off there. there is a rotary following, its just not as "cult" as the corvette or other similar cars. i do, however, think that the FD will never reach that status as its neigh-on impossible to keep a car stock... and that's what collectors go for. you know? the FD has become more of a "to each his own" type of car. there will always be people out there loving them though
#5
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With the limited number we saw in the states, and the number that are wrecked and riced out every week, I would guess they will soon level out and maintain their value.
#6
yeah, their rarity (thanks to ricing incidents), to me, will end up being their saving grace. so i issue this challenge to all on RX7club... if you MUST give up your FD, please, FOR THE LOVE OF GOD, don't sell it to anyone who shows up in a civic, or looks as though they are still in high school (i say this with limited but expected exceptions)
#7
I'm a CF and poop smith
yeah, unfortunatly our cars are not collector items as far as price is concerned, they are cheaper then new civics in great condition and people litterally use them up. there are loyal followers and owners but unfortunatly, there are just not enuf. that and the fact that most of use bitch about the cost of stuff which vette and other top end car owners would shrug at (3-5k blowen engine... what is there to bitch about, its just a 3-5k new engine. i have seen vette owners slap down 2-3k for a 9 peice CF engine bay overlay kit which covers the battery, air filter, abs ecu, brake master cylinder, injector shroud, ect and not even care.)
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#10
Power Trippin'
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Originally posted by DamonB
So are Yugos. Rare does not equate to market value.
So are Yugos. Rare does not equate to market value.
That said, IMO, near mint, stock, unmolested FDs with low miles will always carry a premium over a modded car in average condition car with average miles.
#11
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Due to the bodystyle, performance, and relatively small number imported into the US, they should fetch a premium price compared to most other cars sold from 93-95.
But to be considered a classic or collector car? I don't know if any Japanese car will attain that. The closest thing so far is The Toyota 2000GT , and that's probably because of the James Bond film it was featured in.
-scott-
But to be considered a classic or collector car? I don't know if any Japanese car will attain that. The closest thing so far is The Toyota 2000GT , and that's probably because of the James Bond film it was featured in.
-scott-
#12
Lives on the Forum
Originally posted by SpeedKing
That said, IMO, near mint, stock, unmolested FDs with low miles will always carry a premium over a modded car in average condition car with average miles.
That said, IMO, near mint, stock, unmolested FDs with low miles will always carry a premium over a modded car in average condition car with average miles.
The used car market does not see anything "special" in the case of the FD. Values will continue to decline just as they have for the last 10 years.
#13
Power Trippin'
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Originally posted by scotty305
But to be considered a classic or collector car? I don't know if any Japanese car will attain that. The closest thing so far is The Toyota 2000GT , and that's probably because of the James Bond film it was featured in.
But to be considered a classic or collector car? I don't know if any Japanese car will attain that. The closest thing so far is The Toyota 2000GT , and that's probably because of the James Bond film it was featured in.
#14
Power Trippin'
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Originally posted by DamonB
That is true of any car.
The used car market does not see anything "special" in the case of the FD. Values will continue to decline just as they have for the last 10 years.
That is true of any car.
The used car market does not see anything "special" in the case of the FD. Values will continue to decline just as they have for the last 10 years.
Look at the values of CYMs and near mint stock cars with 20K - 30K original miles. More often than not, market value dictates selling prices for them.
#15
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well im in auto-financing and 7's actually hold value really really well... I just booked mine out on kelley blue book and mine still has value of 16k. thats pretty good considering i purchased it for 15k 3 years ago.
#16
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Originally posted by scotty305
Due to the bodystyle, performance, and relatively small number imported into the US, they should fetch a premium price compared to most other cars sold from 93-95.
But to be considered a classic or collector car? I don't know if any Japanese car will attain that. The closest thing so far is The Toyota 2000GT , and that's probably because of the James Bond film it was featured in.
-scott-
Due to the bodystyle, performance, and relatively small number imported into the US, they should fetch a premium price compared to most other cars sold from 93-95.
But to be considered a classic or collector car? I don't know if any Japanese car will attain that. The closest thing so far is The Toyota 2000GT , and that's probably because of the James Bond film it was featured in.
-scott-
as far as the 7 is concerned, if a 4th gen comes out (which probably will happen) the FD will loose a ton of value... even if there is not a 4th gen, there are rough times ahead for the FD...eventually it will rebound since there are so few left though (try and keep your car stock people)... and for the love of god dont crash them !! (but if you do i need your parts)
#21
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Originally posted by RX187
Not that I am planning on selling my car but it feels good to know that your car is worth something.
Not that I am planning on selling my car but it feels good to know that your car is worth something.
I feel like my car is worth a hell of a lot more to me then it would be to a person thats in the market for one.
#22
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Originally posted by DamonB
FD's are not collector cars and will continue to decline in value just like any other car.
FD's are not collector cars and will continue to decline in value just like any other car.
They will decline in value for the next x years. IMHO in 10-15 years the FD will become a niche "collector car". There will be so few of the cars that SpeedKing describes, that they will appreciate in value. How much is impossible to say.
A Ferrari Enzo it will never be. But it will be much more collectable than a Yugo.
#23
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I don't know, maybe its the part of the country I live in, but I'm seeing more people around here interested in buying them than I am seeing good-condition cars for sale. I will very likely sell my care in the near future, and based on blue book value my expectations were fairly low, however I'm seeing a fair amount of interest (without even formally posting an ad anywhere) at significantly higher prices.
Of course money talks, and I don't have cash in hand just yet...but I'd say so far I've been pleasantly surprised.
jds
Of course money talks, and I don't have cash in hand just yet...but I'd say so far I've been pleasantly surprised.
jds
#24
I can haz rotary?
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Like many other speciality cars, they will find their niche and hold a relative value.
Also, they will probably never be considered classics to anyone other than the nuts that drive them
A good example of this is the vintage rotaries. They are not considered classic by any stretch of the imagination. I think one of the early Rx's even managed to make it onto the Forbes worst car ever built list. Yet people will pay top dollar for a restored example. I have seen a semi restored RX 3 Sp sell for 9K, and a low mileage 3 sell for 10K. Now this does not make the car a classic, but it does indicate that people will always have a special place in their hearts for them. Translate this rarity over to the FD, and I think that down the road you will have the same type of scenario. That is, very few FD's. A couple more FD' buyers then sellers, and a decent price.
My 2 cents
Also, they will probably never be considered classics to anyone other than the nuts that drive them
A good example of this is the vintage rotaries. They are not considered classic by any stretch of the imagination. I think one of the early Rx's even managed to make it onto the Forbes worst car ever built list. Yet people will pay top dollar for a restored example. I have seen a semi restored RX 3 Sp sell for 9K, and a low mileage 3 sell for 10K. Now this does not make the car a classic, but it does indicate that people will always have a special place in their hearts for them. Translate this rarity over to the FD, and I think that down the road you will have the same type of scenario. That is, very few FD's. A couple more FD' buyers then sellers, and a decent price.
My 2 cents