1st Generation Specific (1979-1985) 1979-1985 Discussion including performance modifications and technical support sections

RX-7 Value Appreciation Movement

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Old 08-07-03, 01:44 PM
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RX-7 Value Appreciation Movement

... in a continuing effort to raise the value of my car, I award this Nebraska dealership August's RXTbone's RX-7 Value Appreciation Award...

For your viewing pleasure:
http://cgi.ebay.com/ebaymotors/ws/eB...&category=6327
Old 08-07-03, 02:09 PM
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Actually, a red 84 GSL was sold about 1 hour away from my house for 10500$. It was completely stock, but had been repainted 2 years ago. Had 16300km, and was in mint condition, body and mechanical. I guess 10500$ canadian gives about 6500$ US. I'm very confident that first gen RX7s will be future collector cars
Old 08-07-03, 02:56 PM
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I just love the look of 1st gen's. . I fell in love with mine when I first saw it.
Old 08-07-03, 03:54 PM
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Who said brown can't be 'purty'!

That's one fine lookin' machine!
Old 08-07-03, 04:45 PM
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Oh i strongly believe that if all of us just ****** admitted that your cars are worth more than your cheap skate pockets want to pay for them, we could be selling our cars for 5 and 6k easily.

I was selling my old black GS, showing it to some friends at high school

them: "So how much you askin for it"
me: "3000 obo."
them: "why, whast wrong with it?"
me: "what do you mean"
them: "I wold expect to pay about $5,500 for that car, whast wrong with it"
me: "it has 110,000 miles on it"
them: "wow well i'm going to see if i have the money for it!!!"

well their moms wouldnt let them buy it anyways, but oh well.... still. the value is there, you just have to realize it.
Old 08-07-03, 04:53 PM
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Amen - I'm with you! If you don't ask, you don't receive. This is genu-whine movement starting.

Can I be like the Chairman, CEO or Esquire of this movement... ?

My first proposition: No running RX shall ever be sold below $ 2,000!

Thank you, thank you very much (insert cheers from the partisan crowd)....
Old 08-07-03, 05:08 PM
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I agree. When my tii swap is done, I dont think i'm going to even CONSIDER selling my car for anything less than $8,500
Old 08-07-03, 05:14 PM
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You know...

I think this is actually a decent idea. If nobody SELLS it cheap......we can actually drive the value up..

I'm sure the majority of 1st gen owners are on this forum. Let's all take a week to go buy every cheap FB we can get our hands on, and hoard them, and drive the price through the roof.

I can't see how that could hurt us at all.
Old 08-07-03, 05:44 PM
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Exactly my point. If the average fb sells for 3-4k, anyone who sees one for less will buy it and jack up the price to sell it, cause they know they can get it.
Old 08-07-03, 06:48 PM
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Works for me Click link in sig for an '84 GSL-SE w/87K for $3700. Runs perfect. Willing to deal.
Old 08-07-03, 07:23 PM
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I've said it before and I'll say it again: 25 years is the breakover point. So the 79s will go up next year.

I have a rather pristine 85GSL with 55k, so it should appreciate pretty good.

B
Old 08-07-03, 07:35 PM
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i live in lincoln, NE. it's about 20 miles outside of Omaha. who here would like me to go check the car out, get some pics, and tell yas about it.
Old 08-07-03, 08:20 PM
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No way that would suck, if the cars go up in price so will the parts, then little wannabe's like me will never get or be able to do anything with an rx-7,
the way I see it the only reason first gen.s arent so much is because people are afraid of the rotary engine,

being able to get 2 sweet "sports" cars with a very unique and awsome power train, on a 17 year ols pizza making $6.00 an hour job is the sweet'st thing I could ever ask for,
I ve been savin for sumthin like 5 months and finaly found a 79 and an 80 parts car for $500, in my book for a running car thats F-ing sweet, i paid like $750 bucks for my POS '86 accord,
So if you all feel like ruin these sweet *** cars for us poor folk then i think ill just cry but
thats just my 2 cents
Old 08-07-03, 08:39 PM
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Originally posted by Chamele03
No way that would suck, if the cars go up in price so will the parts, then little wannabe's like me will never get or be able to do anything with an rx-7,
Chamele03 - As Chairman and CEO, Esq. of RX7VAM, let me assure you - the laws of capitalism are on your side.

Should the value of these marvelous rides begin to appreciate, more RX-7 will find their way to the roadway. Never again will you pass an unloved or dead RX, the value dictates that they're maintained or restored. The need to maintain and restore energizes a limited supply of aftermarket products. More producers helps produce more competing products - and as we buy more products, the prices will fall.

Appreciation is not a dirty word.
Old 08-07-03, 08:43 PM
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I'm not paying more for a RX-7, I like them to be cheap, what the hell?! I pay'd $300 for my current FB, engine with blown engine, swapped engine and put in a LSD myself, a labor of love I might add.

Who the **** wants to gouge people interested in owning a cheap rear drive car with a cool engine?(Unless its to get another FB for a project) I am Definitely not out to make money off my 1st gen! Why would I want to sell it? I like a small light rear drive balanced peppy/fast car that still keeps up(or beats) some '03 sports cars with just bolt ons.
Old 08-07-03, 08:59 PM
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WackyRotary - you just described a '65 Mustang. Point is - they are fun cars, and there's fewer and fewer of them. The ones left, especially the unmolested examples, become more desirable...

Why wouldn't you want a car you worked hard on repairing or restoring to be worth something beyond the sum of your work and parts?

I sure wish I could find a decent '69 Camaro for $1,000 to play with... It just doesn't work that way.
Old 08-07-03, 10:07 PM
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Why wouldn't you want a car you worked hard on repairing or restoring to be worth something beyond the sum of your work and parts?
Obviously you miss the point. I don't care what the car is worth to other people as many on here who trully like their FB's/SA's and don't care to sell. My labor of love is meant to be enjoy'd by me, I'm not fixing up a car I intend to sell unless that is my goal-but that is not going to yield the best cost vs effort/time ratio as just going to my job and putting in less time for the same amount of money.

The FB I have is nearly perfect in the sense that its lightweight, unique power, rear drive. Its not in perfect orginal condition(body shape or minor scratches), etc, and I don't care about that as much after I did repaint my previous FB only to have a deer jump infront of the driver side, then got hailed on the day it was to be fixed for the deer damage! Anyway, a cheap car to aquire and fix to running condition yourself is what makes a 1st gen desirable and they are easy to work on.

And, any add ons you put on, you can simply take off and sell over the internet in the possibility you sell the car, because add-ons don't really add value to the car much unless you have a REW or 20b in your car. In case you ever total your car in a accident or other damaged that deems your car unrepairable, no insurance company will give you anything you put above and beyond into the car unless you have it appraised and that also ups the premium, so you can't win really, insurance companies really suck ***.

I know from the incident I have now only have liability is best for a car like as old as a FB since you can save money instead of having gouging comp premiums for body repairs from accidents later down the road which insurance companies would prefer to declared totaled then pay for the repairs for such a old car.

Whatever....
Old 08-08-03, 02:30 AM
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No i think you obviously missed the point.

For sure you dont care what the car is worth, you already have it. you dont want to sell it? Cool, dont. You dont want to buy an expensive one? COurse not, you already have one.

So.... explain again why we should price our cars as Cheap *** broken beaters when they are really awesome sports cars?

BTW, RX7Tbone:
" you just described a '65 Mustang." VERY good point.
"I sure wish I could find a decent '69 Camaro for $1,000 to play with... It just doesn't work that way. " EXTREMELY good point.

~Geoff

Originally posted by WackyRotary
Obviously you miss the point. I don't care what the car is worth to other people as many on here who trully like their FB's/SA's and don't care to sell. My labor of love is meant to be enjoy'd by me, I'm not fixing up a car I intend to sell unless that is my goal-but that is not going to yield the best cost vs effort/time ratio as just going to my job and putting in less time for the same amount of money.

The FB I have is nearly perfect in the sense that its lightweight, unique power, rear drive. Its not in perfect orginal condition(body shape or minor scratches), etc, and I don't care about that as much after I did repaint my previous FB only to have a deer jump infront of the driver side, then got hailed on the day it was to be fixed for the deer damage! Anyway, a cheap car to aquire and fix to running condition yourself is what makes a 1st gen desirable and they are easy to work on.

And, any add ons you put on, you can simply take off and sell over the internet in the possibility you sell the car, because add-ons don't really add value to the car much unless you have a REW or 20b in your car. In case you ever total your car in a accident or other damaged that deems your car unrepairable, no insurance company will give you anything you put above and beyond into the car unless you have it appraised and that also ups the premium, so you can't win really, insurance companies really suck ***.

I know from the incident I have now only have liability is best for a car like as old as a FB since you can save money instead of having gouging comp premiums for body repairs from accidents later down the road which insurance companies would prefer to declared totaled then pay for the repairs for such a old car.

Whatever....
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