I have a question.



If everyone, when they go to sell their car, sold it for more money then it is actually worth.

Would that up the car value?

I think if we keep selling them for a thousend dollars, they will be staying worth a thousend dollars.

instead, sell it for 3 thousend dollars, and it will be worth 3 thousend dollars?

It may take a long time for somone to buy, but when they get it, and sell it, the value would be up?

 

In reality, they are rarely worth the time, effort, parts and labor that we put into them. They become a laor of love and don't usually have a good return on invr=estment.

 

The value of any item, is determined by 2 things. What the current owner will take for it, and what the prospective owner will give for it.
However, you also have face the reality that these cars may never recieve the same desire and longing that certain other cars have. The very nature of the rotary is so misunderstood by the masses.

 

Well, thats what I was wondering.


I know for a fact, that car collecters, thrive for a rare car.

Thats when they pay 13 thousend dollars, for a car, that has no engine, or stripped to the shell.



What if we can, publisize, in the big fourms.


I know, I never knew what a rotary was, untill my brother brought one home.

 

You have to figure, that if some one see's all of these Rx's being sold for 3,000 they might be willing to let theres go for 2,500 just to get rid of it. And that, or something similar, keeps happening until the price is right where it is now, or back to normal, if the prices did change.

 

what the second poster said. That and there's still a stigma of Japanese car = cheap.

 

The cheap stigma disappeared in the late 70s, early 80s, when all of the Japanese cars cars had fewer defects coming off of the assembly line than our Big 3 did. If it wasn't for the oil crunch in the 70s, and Japanese imports hurting US automaker sales, we would still be driving tanks.

That said, the early Japanese cars did give more of an impression of disposabilty that the Big 3 hid fairly well. Back then a car was built with an obsolecense of 7 years in mind.

 

The KBB book value is determined by the AVG selling rate in the nation. So yes if everyone sells for 1k the book value drops to 1k. As the time passes over the next 10yrs these cars are antiques and the collecting seen is begging. Japan is just finally reaching the collectors stage and people are noticing it. They have many cars now that are becoming sought after history. Do not be surprised when the SA and FB are in the same category very soon. Good condition ones will start bringing value back into them. I suspect they will be pulling more then they sold for new in the next 8 to 15yrs.

 

I will never sell my baby. never ever ever.

 

" An RX-7 is a cheap mass produced jap made copy of a Porsche that breds rust and has a funny engine that guzzles gas"

Argue the contrary case to this commonly held view!

On the other hand an Edsel is now a collector's item so the RX-7 may one day become a classic just as gas becomes to expensive to drive a car.

 

The more I drive my 7 the more I like it. It is a driver's car, not just daily transportation.

 

I agree.

 

The issue that brings a lack of high value, lies in the engine. Anybody can "fix up" a piston powered car. The average garage level piston guy, is terrified of a rotary engine. They don't realize the simplicity of it, so they avoid it. Call a few shops in your area and ask them to do a semi-major repair on your car, and I bet the large majority of them tell you "we don't work on those."
In short, our cars have a very narrow field of enthusiasts, so the values fall victim to the budgets of those people.