1st Gen General Discussion The place for non-technical discussion about 1st Gen RX-7s or if there's no better place for your topic

2022 Bull Market List: 10 collector cars primed to take off this year

Old Dec 14, 2021 | 09:09 AM
  #1  
KansasCityREPU's Avatar
Thread Starter
Out In the Barn
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (9)
 
Joined: Mar 2005
Posts: 6,705
Likes: 1,250
From: KC
2022 Bull Market List: 10 collector cars primed to take off this year

2022 Bull Market List: 10 collector cars primed to take off this year


Reply
Old Dec 14, 2021 | 11:55 AM
  #2  
mazdaverx713b's Avatar
Have RX-7, will restore
Veteran: Army
Tenured Member: 20 Years
Loved
Community Favorite
iTrader: (91)
 
Joined: Oct 2003
Posts: 22,581
Likes: 1,273
From: Ohio
Very cool list and great to see the 1st Gen RX-7 getting the praise it deserves!
Reply
Old Dec 14, 2021 | 05:35 PM
  #3  
ray green's Avatar
Gone
iTrader: (14)
 
Joined: Jul 2002
Posts: 11,442
Likes: 210
Yep, good and bad.

Good, my LE is worth a fortune.

Bad, no more cheap RX-7 projects on craigslist (the LE cost me $750).
Reply
Old Dec 14, 2021 | 05:50 PM
  #4  
tommyeflight89's Avatar
Senior Member
Tenured Member: 15 Years
Liked
Loved
Community Favorite
iTrader: (4)
 
Joined: Nov 2010
Posts: 718
Likes: 99
From: Toronto Canada
Hahah saw that article and was going to post it here.

Cool article about these cars. They chose a nice example of a Maya Gold FB.
Reply
Old Dec 14, 2021 | 09:54 PM
  #5  
VA RX7's Avatar
Slow Car Fast
Tenured Member: 5 Years
 
Joined: Sep 2020
Posts: 163
Likes: 70
From: Southwestern Virginia
[QUOTE=ray green;12497969]Yep, good and bad.

Good, my LE is worth a fortune.

Bad, no more cheap RX-7 projects on craigslist (the LE cost me $750).

​​​​​​I have the same thought while it is good to see our cars get attention, the prices have skyrocketed. Now that everyone thinks that there rusted roller with a trashed interior is somehow worth a thousand dollars. Hopefully if nothing else this attention can help us keep our cars on the road for years to come.
Reply
Old Dec 15, 2021 | 06:39 AM
  #6  
lwrobins's Avatar
seattle seven
Tenured Member: 10 Years
Liked
Loved
 
Joined: Nov 2012
Posts: 392
Likes: 46
From: bellingham wa
Love it! They always had the right recipe to become collectable. Maybe five years ago there were allot of you saying they would never become so.
Reply
Old Dec 15, 2021 | 08:28 AM
  #7  
diabolical1's Avatar
Moderator
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (3)
 
Joined: Feb 2002
Posts: 10,998
Likes: 349
From: FL
thanks for the article. it was a good read.

a small part of the procrastination of me not putting my '84 back together has been the fact that they were relatively affordable, so i always figured maybe i'd just get another one and do something "fun" with the one i already have. it's looking less likely that that will happen now. overall, i'm happy about it though. i'm glad we finally are getting our due in the marketplace and the annals. i'm not likely to benefit from it in any way - especially since i've never owned an SA and i want one someday, and that kinda sucks, but i'm a lifer - i'll figure it out.
Reply
Old Dec 15, 2021 | 12:12 PM
  #8  
mazdaverx713b's Avatar
Have RX-7, will restore
Veteran: Army
Tenured Member: 20 Years
Loved
Community Favorite
iTrader: (91)
 
Joined: Oct 2003
Posts: 22,581
Likes: 1,273
From: Ohio
I just mentioned this article to my son this morning and we talked about the early 7's becoming near non existent for a reasonable price. I used to buy a couple per year and fix them and sell them cheap just to keep the cars on the road. Now, when I want another to restore with my youngest son, I will be paying an arm and a leg for a restoration project.

I see the good and bad in the values going up, but with the values up so much, its no longer as Mazda originally intended, an affordable sport car. I've been into these cars for over 20 years and the prices have always been reasonable. I guess it was only a matter of time before their value would skyrocket. Its such an incredible car, it should very well be worth something.

The only drawback is that the community may get smaller and smaller as less enthusiasts buy the cars and more collectors buy them up.
Reply
Old Dec 15, 2021 | 03:40 PM
  #9  
tommyeflight89's Avatar
Senior Member
Tenured Member: 15 Years
Liked
Loved
Community Favorite
iTrader: (4)
 
Joined: Nov 2010
Posts: 718
Likes: 99
From: Toronto Canada
I'm thinking the market might go in the direction of the 240z's. Their values have gone up quite a bit, have always been much more than an FB, and the 240 Community seems to be fairly large with tons of good restoration type parts, reproductions in OEM quality, etc. And for the people that do modify them, there are multiple aftermarket companies that make track car quality parts.

Now people buy a rusted out Z chassis for big $$ and spend much more restoring the rust.
Reply
Old Dec 15, 2021 | 04:12 PM
  #10  
ray green's Avatar
Gone
iTrader: (14)
 
Joined: Jul 2002
Posts: 11,442
Likes: 210
Here's a video fellow OGTA member Phil posted last week of a brief trip he took around Lake Lanier recently in his yellow SA, along with a Datsun 280ZX friend.

The ZX is pretty, but give me the 7 any day.

I'd say Phil's SA is clocking around $20-$25K in today's market, wouldn't you?

Reply
Old Dec 15, 2021 | 05:21 PM
  #11  
Banzai's Avatar
Happy Rotoring!
Tenured Member: 15 Years
Liked
Loved
Community Favorite
iTrader: (15)
 
Joined: Dec 2007
Posts: 2,623
Likes: 569
From: Iowa
Originally Posted by ray green
I'd say Phil's SA is clocking around $20-$25K in today's market, wouldn't you?
I'd say, chances are pretty good he could. It's a very nice car. Modded, but in a good way and exceptionally clean. Have a feeling that car will likely be passed down rather than sold.
Reply
Old Dec 16, 2021 | 10:22 AM
  #12  
ray green's Avatar
Gone
iTrader: (14)
 
Joined: Jul 2002
Posts: 11,442
Likes: 210
Yes, he bought it for his dad, who had one just like it back in the late 1970's. I think he plans to give it to his son or daughter.



Reply
Old Dec 19, 2021 | 09:09 AM
  #13  
eprx799's Avatar
Senior Member
Tenured Member: 20 Years
Liked
iTrader: (8)
 
Joined: Mar 2003
Posts: 669
Likes: 53
From: Akron area
That article came out a day after I sold my SA that I have owned and modded for 20 years. I have own at least one Rx7 since 1989 until a few days ago. Now I am rotary free. I’m not sure how I feel about that. I do own two NB Miata’s so I still have sports cars
Reply
Old Dec 26, 2021 | 07:42 PM
  #14  
Neal K's Avatar
Full Member
Tenured Member: 15 Years
iTrader: (3)
 
Joined: Feb 2007
Posts: 55
Likes: 15
From: St.Louis, Missouri
Cool video. The exhaust sounds great!
Reply
Old Dec 26, 2021 | 08:51 PM
  #15  
Neal K's Avatar
Full Member
Tenured Member: 15 Years
iTrader: (3)
 
Joined: Feb 2007
Posts: 55
Likes: 15
From: St.Louis, Missouri
MO


Better late than never. We’ll take all the accolades we can get.
Reply
Old Dec 28, 2021 | 11:20 AM
  #16  
7aull's Avatar
RX HVN
Tenured Member 15 Years
iTrader: (2)
 
Joined: Jan 2003
Posts: 3,889
Likes: 229
From: Arizona
Love my SA (don't we all??). Paid $4200 off ebay (with 62K mi) in 2001.
Google sez 2001/$4200 = about $6600 today.
Guessing on a Good Day I might nab $12K for my old girl, now with 110K mi.
So 100%-ish increase in value in 20 yrs. No complaints, but not sure that reps any sort of sound investment, return-wise.
(of course, how can one calculate the Joy??).
So. HAVE they been under-appreciated? For sure. ARE they now getting more appreciated? Well. Glacially...


Stu A
80 GS
AZ
Reply
Old Dec 28, 2021 | 08:00 PM
  #17  
t_g_farrell's Avatar
Waffles - hmmm good
Tenured Member: 20 Years
Community Favorite
iTrader: (1)
 
Joined: Jul 2004
Posts: 9,250
Likes: 464
From: Lake Wylie, N.C.
Originally Posted by 7aull
Love my SA (don't we all??). Paid $4200 off ebay (with 62K mi) in 2001.
Google sez 2001/$4200 = about $6600 today.
Guessing on a Good Day I might nab $12K for my old girl, now with 110K mi.
So 100%-ish increase in value in 20 yrs. No complaints, but not sure that reps any sort of sound investment, return-wise.
(of course, how can one calculate the Joy??).
So. HAVE they been under-appreciated? For sure. ARE they now getting more appreciated? Well. Glacially...


Stu A
80 GS
AZ
Stu,
Your car is worth $25,000.00 easy.
Reply
Old Dec 29, 2021 | 06:33 AM
  #18  
lwrobins's Avatar
seattle seven
Tenured Member: 10 Years
Liked
Loved
 
Joined: Nov 2012
Posts: 392
Likes: 46
From: bellingham wa
Originally Posted by 7aull
Love my SA (don't we all??). Paid $4200 off ebay (with 62K mi) in 2001.
Google sez 2001/$4200 = about $6600 today.
Guessing on a Good Day I might nab $12K for my old girl, now with 110K mi.
So 100%-ish increase in value in 20 yrs. No complaints, but not sure that reps any sort of sound investment, return-wise.
(of course, how can one calculate the Joy??).
So. HAVE they been under-appreciated? For sure. ARE they now getting more appreciated? Well. Glacially...


Stu A
80 GS
AZ
Up 136% in the last five years. Still not going to get rich! Bought my fourth one ten years ago just cause I love them. it's a nice way for me to actually save $$$ and enjoy it. P.S. Love that car!!!
Reply
Old Dec 29, 2021 | 09:09 AM
  #19  
7aull's Avatar
RX HVN
Tenured Member 15 Years
iTrader: (2)
 
Joined: Jan 2003
Posts: 3,889
Likes: 229
From: Arizona
Cool

Originally Posted by t_g_farrell
Stu,
Your car is worth $25,000.00 easy.
TOO Kind. Its more the photography than the actual car. What doesn't look great in a desert sunrise??

Stu A
80GS
AZ
Reply
Old Dec 30, 2021 | 07:05 AM
  #20  
eprx799's Avatar
Senior Member
Tenured Member: 20 Years
Liked
iTrader: (8)
 
Joined: Mar 2003
Posts: 669
Likes: 53
From: Akron area
Great car! And a great picture!
Reply
Old Jan 2, 2022 | 04:10 AM
  #21  
mazdaverx713b's Avatar
Have RX-7, will restore
Veteran: Army
Tenured Member: 20 Years
Loved
Community Favorite
iTrader: (91)
 
Joined: Oct 2003
Posts: 22,581
Likes: 1,273
From: Ohio
Stu, that's a phenomenal picture. I've always loved the Sunrise Red with the gold LS wheels. I don't know if that's a sunrise or sunset, but the red sure does look marvelous under the low light and sun conditions. The color truly lives up to its name!
Reply
Old Jan 2, 2022 | 10:30 AM
  #22  
7aull's Avatar
RX HVN
Tenured Member 15 Years
iTrader: (2)
 
Joined: Jan 2003
Posts: 3,889
Likes: 229
From: Arizona
Very Kind! (starting to feel like my photo is jacking this thread. Apologies to OP!).
"Sunrise Red" - never made the mental-connection of the image to the time-of-day (5:30AM) I shot this pic -

Never seen RED SA with Goldies either, but seemed a perfect match when I found these (NOS!) rims...
My red Ducati has gold rims, so I thought "well, this works!"


Stu A
80GS
AZ
Reply
Old Jan 24, 2022 | 08:33 PM
  #23  
Frogman's Avatar
Senior Newbie Member
 
Joined: Jun 2017
Posts: 1,051
Likes: 89
From: Downey California
Originally Posted by 7aull
Very Kind! (starting to feel like my photo is jacking this thread. Apologies to OP!).
"Sunrise Red" - never made the mental-connection of the image to the time-of-day (5:30AM) I shot this pic -

Never seen RED SA with Goldies either, but seemed a perfect match when I found these (NOS!) rims...
My red Ducati has gold rims, so I thought "well, this works!"


Stu A
80GS
AZ
You have the nicest SA i have seen so why wouldn't you be taking all the credit. Not to toot my own horn but i seem to have the one of the nicest SA in my area ( and litterlay the only 79 at every car show i go to and rotary meet ) and that makes me sad considering I'd give my own car a 7/10 . it is a well loved car but my passenger side door car has a small tear, the handle plastics are gone and my rear carpet is just a peice of particle board and leather i cut to shape . . I know a guy here with a supercharged 7 and his car is the only one that is nicer than mine but he had the whole interior reupholstered and had it painted recently. Then again i paid 2,400$ in 2015 for my car which was 99% intact minus the emblems . I have been offered 10 grand firm in hand and i have a AUTOMATIC , imagine what a similar condition early 79' would go for !
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Terrh
Canadian Forum
8
Mar 27, 2012 07:53 PM
RXeckless
Canadian Forum
11
Jun 5, 2011 04:01 PM
ConePirate
West RX-7 Forum
8
Nov 22, 2010 03:04 AM
speeddemon32
West RX-7 Forum
225
Feb 5, 2009 03:26 AM


Thread Tools
Search this Thread

All times are GMT -5. The time now is 02:00 AM.