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-   1st Generation Specific (1979-1985) (https://www.rx7club.com/1st-generation-specific-1979-1985-18/)
-   -   Fair Market Value (https://www.rx7club.com/1st-generation-specific-1979-1985-18/fair-market-value-90877/)

mar3 06-24-02 01:24 PM

Fair Market Value
 
I need some ammo from y'all. Take a look in your local classifieds and see what, if any are even in there, a 28,000 mile 1980 RX-7 is being listed at. Any year from '79 to '85 will work, though, obviously, I'd prefer cars in the '79 - '82 range. Disregard anything with miles over 40,000 or with ANY body damage whatsoever. It must be a perfect body, perfect interior with the low miles. Please post findings as you run into them. I've got eBay and Autotrader covered, so please don't bother with those sources. I need to see what prices these kinds of cars are moving at on the micro-level, ie., your town....thanks in advance to all that help me in this project....Mario III of So. Arlington, TX :cool:

mar3 06-24-02 01:52 PM

Hey, if you bothered to drop in and read this, at least vote on the poll. Y'all don't want to know what everyone around me here in Arlington and Dallas is saying, so I'd like to see what the forum members think, at least, to balance stuff...;)

Manntis 06-24-02 02:38 PM

I bought my '85 GSL-SE for $4,000 (Canuck Bucks) with 180,000 kms on it, though it was close to mint. Both sunroofs, no rips in interior, mechanically sound, etc. Just that weatherstripping problem and had to adjust the steering box to take out a bit of slop.

However I slid on a patch of ice driving it through the Rockies (same day I bought it!) and bashed in the front end.

The insurance co. typically will only pay up to 70% of the value of the vehicle to repair it but even though it was still driveable (tough little tyke, that fb) repairs came in @ $4,100.

Extenuating circumstances: the car had had an all new brake system put in ($1,100) and the insurance co. tacks on any major parts expenses in the past 12 months to the value of the car. In addition, the vehicle had once been Pam Anderson's daily driver. While the amount this adds to the car's value is debatable there's no doubt some collectors would pay a premium.

Result: they paid to fix it, and with 180k on the odo it was a much higher mileage vehicle than a mint 28,000 mile one.

Barwick 06-24-02 03:12 PM

I'd consider paying more than that for an '80 with those few miles.. if I had the $$

Directfreak 06-24-02 04:23 PM


Originally posted by Manntis
In addition, the vehicle had once been Pam Anderson's daily driver. While the amount this adds to the car's value is debatable there's no doubt some collectors would pay a premium.
Stop.

Wait a Minute..

You're saying your car belonged to

This Pamela Anderson (formerly LEE)?
http://www.nyrock.com/imgs98/pam22b.jpg

WackyRotary 06-24-02 04:31 PM

Manntis, I also agree that the value "thee Pam anderson" car would be very debatible. I would pay more for that car before the inplants and when she met Tommy Lee when she looked good on baywatch early on. Now she has stupid tattoos and Hepitious C. WHich drummer is she going out with now again?

mar3 06-24-02 04:34 PM


Originally posted by Manntis

I bought my '85 GSL-SE for $4,000 (Canuck Bucks) with 180,000 kms on it
This is exactly what I'm looking for as well. What year was it that all this happened? Thanks a bunch for what you've provided, so far, manntis! :)

Vohaul 06-24-02 04:35 PM


[i] Now she has stupid tattoos and Hepitious C. WHich drummer is she going out with now again? [/B]
no drummer.. kid rock.....:)

MIKE-P-28 06-24-02 04:48 PM

theres an 84 rx-7 listed in the local thrifity nickel for $995, id say its in BAD shape... :) but theres the only one I see

Theres a 88 vert in pristine shape with 80k on it for $4995

Manntis 06-24-02 05:02 PM

Yeah, that Pam. She was Pam Sue Anderson, then Pam Anderson Lee, now just Pam Anderson. Of course, she drove it back in the day.

My collision etc. was February of this year, in Roger's Pass on the British Columbia side of Golden / Banff.

Incidentally my forst Rocket7 was a 1983 12a POS that I picked up for $900. So much was wrong with it that when it burst a coolant hose and melted the engine I just pushed it into my back yard and let it sit. It's now a parts donor for my current baby, although the interior, suspension, and all engine parts are completely different.

Anyone need '83 leather seats, metal sunroof, door liners, etc? Lemme know.

Sterling 06-24-02 05:14 PM

I check my local paper and Penny Saver here in Dutchess county Ny, and I'm lucky to see a dozen 1rsts for sale per year!

mar3 06-25-02 09:56 AM

McBump...keep the info flowing...looking for classifieds in your local paper that have a '79 -'85 RX-7 with perfect body and good interior and mileage less than 40,000. Please keep it within those parameters and include more photos of P. Anderson if they were also in the paper...;) Look at that poll....what to do....:confused:

mar3 06-25-02 04:30 PM

Sheesh...that's all? Thanks for those that gave me the $4000+ numbers...I'll be trying to set this up in a small claims court since it's under $5000. I'll post the action as it happens. I'm going to pay the fee for a jury trial so I can use the postings in this Forum to show a sympathetic jury (I hope...) how much this car meant to me. Just by looking at the poll, it almost makes me want to take the money elsewhere, though. Why pour $$$ into a worthless vehicle, hhmmmmm?? :cool:

rotor-lynn 06-25-02 05:48 PM

Last year I found an 83 GS w/52K on it and it was spotless, glass sunroof and enkei's. The guy ended up getting $3200 for it. I would have bought it but I just rebuilt my engine. There are 2 79's in the local paper right now, POS most likely because one is $299 and the other is $800. Good luck

mar3 06-25-02 09:49 PM

Thanks, rotor-lynn...the prices for the POS rexs bolsters an older argument I was making about these cars never achieving super-star collectible status...little did I know it would come back to haunt me... :(

Manntis 06-26-02 01:17 AM

The xenophobia surrounding rotaries also artificially depresses the prices. I've lost count of the times I've had the following convo:

Onlooker: Sweet wheels, dude. How many cylinders?

Me: None. This thing uses twin spinning rotors instead of pistons.

Onlooker: (pause for onlooker's blank look, then...) so it's a four banger or a v8?

others are convinced you have to change engines every 90,000 kms. Then again when I was in my San Fernendo home I was asked "Canadian, huh? I've always wanted to go to Europe. What's it like living so close to France and Germany?" so perhaps I just run into more than my share of doofuses. Or is the plural doofi?

cjf 06-26-02 07:54 AM

I bought a MINT 80,000 miles gls-se for 3500.00, put another 550.00 into it and I still have to replace stuts and shocks, then it is just about perfect...It seems to me that these cars are hard to find in very good condition. But on the other hand, they are not commanding a lot of money. Why?? Import-japanese...?? The "z" cars seem to do better but they had 6 cylinders-vs-4cylinder. Wonder if that is the difference. Nothing in our local paper for 79-85 rx7's for sale. cjf

Josepi 06-26-02 08:29 AM

Someone on Ebay recently sold/or is selling a 79 with 11K miles...the buy it now price is around 12K.

Josepi 06-26-02 08:31 AM

Here's the link to that ebay:

it's 13.5K BTW...

http://cgi.ebay.com/ebaymotors/ws/eB...tem=1838805867

Josepi 06-26-02 08:33 AM

'79--21K miles buy it now price of 10.5K

http://cgi.ebay.com/ebaymotors/ws/eB...tem=1837476225

Josepi 06-26-02 08:34 AM

'81--23K miles buy it now price of 7.2K

http://cgi.ebay.com/ebaymotors/ws/eB...tem=1838495442

mar3 06-26-02 01:06 PM

Gotta love it...188 views and 18 votes...you'd think the P. Anderson would incite action, but I guess her star power is fading...:p:

nos81 06-26-02 02:11 PM

There is a 82 Mazda RX7 in the paper here with 52,000 miles on it. It say's perfect condition. They are selling it for $9,900.00. I would try take the money and spend it on Pam A. Posters and Videos then think about investing investing in the Johnson and Johnson lotion stock. Just a thought. GOOD LUCK

mar3 06-26-02 04:11 PM

Excellente!! That is exactly the good stuff I'm looking for. Although, comparing an original 28,000 mile RX-7 against one with a rebuilt engine at 28,000 miles isn't exactly apples to apples, the car was thoroughly restored with new everything in the suspension and body component dept.s and had no rust. The high prices can help establish a "fair market value" range for an RX-7 in good shape. Thanks again, nos81 !! :cool:

nos81 06-26-02 04:20 PM

Take the money and piece out the car. Sell all your parts to make up for the diff. I am thinking that at that settle price you will atleast get to keep the car. Maybe buy a new body and transplant. How stong is the motor?
Take motor and put it on an engine stand for a while and turn that motor into one bad a$$ beast.


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