2nd Generation Specific (1986-1992) 1986-1992 Discussion including performance modifications and technical support sections.

have our cars gained value?

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Old Nov 29, 2006 | 08:20 PM
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From: fort myers beach, FL
have our cars gained value?

i was looking on kbb.com and it says my 89 gxl in "good condition is worth $3150

i was prity suprised, i could have swarn last year that was like a grand less, anyways thats prity cool
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Old Nov 29, 2006 | 08:23 PM
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i think its all in the miles but either way the car isnt what it was worth when it left the dealership lot
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Old Nov 29, 2006 | 08:28 PM
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that was privite party value with 207,000 miles put in
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Old Nov 29, 2006 | 08:30 PM
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it deals a lot with zip code and where u are located i believe...i dont like kbb bcuz it doesnt add in for rebuilts or mod's or anything..

Aaron
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Old Nov 29, 2006 | 08:37 PM
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I think you might be right. For mine it says around 3,800 private party, just about a 1,000 more than last year.
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Old Nov 29, 2006 | 08:54 PM
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drift tax ftw
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Old Nov 29, 2006 | 09:04 PM
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Thats weird, it does seem to be higher, I thought it used to be around 800 bucks, its a little over 2,000 now-with 215,000 miles and fair condition
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Old Nov 29, 2006 | 09:23 PM
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Supply and Demand. People trash them and other want them, they get to be more expensive.


BC
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Old Nov 29, 2006 | 09:52 PM
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well..... if you have an 86 then our cars are antiques now! maybe that has given more value to our cars
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Old Nov 29, 2006 | 09:57 PM
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Whatever you do to your car, noone will buy it for so much...
$8K the most.

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Old Nov 29, 2006 | 10:08 PM
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Snap my car is worth $3K-4.5K

Oh silly KBB you crack me up.
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Old Nov 29, 2006 | 10:09 PM
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3150 is how much i paid for my 1st rx7 then my newest addition was 2500.
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Old Nov 29, 2006 | 10:10 PM
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Originally Posted by Mushy B
well..... if you have an 86 then our cars are antiques now! maybe that has given more value to our cars
How do you figure? Last I heard 25 years old was considered "classic" while antique was 50+.
Last year I decided to see what mine was worth just for kicks. I did the "detailed appraisal" and did it honestly, right down to the 235k miles, shitty paint, non-working a/c and engine that didn't run. They decided it was in "fair" condition and worth 1600. With a bad engine!! I tried again a few months ago and they had come to their senses and decided it was in poor condition.
Edit: Wow! 235k miles, base model, no options and fair condition and its still worth 2k. KBB def decided that they are worth more.
Also, no car appraisal system will compensate for modifications. Generally speaking they are worthless to the value of the car anyway, excpet in rare cases like our cars.

Last edited by Sideways7; Nov 29, 2006 at 10:19 PM.
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Old Nov 29, 2006 | 10:13 PM
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Damn thats sort of a bummer. Paid $3500 for mine, and after i get it repainted and engine rebuilt itll still only be worth $3500 with 185k on it
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Old Nov 29, 2006 | 10:35 PM
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Kelly Blue Book says my car's worth 7k.
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Old Nov 29, 2006 | 10:50 PM
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I just looked at edmunds.com, and they say my private party value is 750 in good condition. I think its somewhere in between the two, personally.
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Old Nov 29, 2006 | 10:57 PM
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i believe that once a car is atleast 20+yrs it is considered to be antique......this also helps with the emmissions testing so we dont get completely screwed over for testing......

i was looking to move to pennsylvania and my step dad said that a car that is 20+ is considered an antique, then they do the tests differently.
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Old Nov 29, 2006 | 11:01 PM
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KBB lists my car as $4,830 i wouldn't sell that low
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Old Nov 30, 2006 | 12:05 AM
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Originally Posted by rx7 FC TII
i believe that once a car is atleast 20+yrs it is considered to be antique......this also helps with the emmissions testing so we dont get completely screwed over for testing......

i was looking to move to pennsylvania and my step dad said that a car that is 20+ is considered an antique, then they do the tests differently.
Just about all states consider a car "antique" when it reaches the 25 year mark. I think you have 5 years to go. I don't know about how they run emissions but it isn't antique until it's 25. Lets remember KBB, NADA, or Edmonds doesn't mean anything. Your car is only worth what the guy standing in front of you is willing to pay.
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Old Nov 30, 2006 | 12:11 AM
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in NC we just ended sniff tests for non OBD II cars
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Old Nov 30, 2006 | 01:39 AM
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WOOT! So now i just need something that LOOKS like cat before I take my car in for inspection

Wonder if the techs would think an RB presilencer was a cat....


BC
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Old Nov 30, 2006 | 01:45 AM
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if a stang fox body (86-93) can go for around 3-10k+ from stock to aftermarkets mods so could a FC. Check out the craigslist.org in CANADA they're going from 2k-25k on a FC!!!! thats stock to mods!!
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Old Nov 30, 2006 | 01:57 AM
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im about to have a classic

Originally Posted by RX7Tuner.
Just about all states consider a car "antique" when it reaches the 25 year mark. I think you have 5 years to go. I don't know about how they run emissions but it isn't antique until it's 25. Lets remember KBB, NADA, or Edmonds doesn't mean anything. Your car is only worth what the guy standing in front of you is willing to pay.
usaa my car insuranc co just sent me an brochure on protecting mY "classic car" with there classic car coverage i for cars 20yrs + ( i have an 87)
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Old Nov 30, 2006 | 09:24 AM
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value/classics

All those car guides are just that guidelines. Any old car no matter what a RX-7 or a Vette will sell for whatever buyer and seller think they are worth. Eventually these cars will be worth something.

Most states require 25yrs old and classic insurance to get historic plates.

Some collector insurance companies take cars as new as 15yrs old, some want 20 or 25.

Some classic companies won't take RX-7's or Z's, such as Grundy.

JC Taylor will take RX-7's if they are 20 yrs old-had it on my '79 RX-7, I have American Collectors on my '88 RX-7, they will take 15 yr old cars.
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Old Nov 30, 2006 | 11:46 AM
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Originally Posted by ExSr20kidF2
it deals a lot with zip code and where u are located i believe...i dont like kbb bcuz it doesnt add in for rebuilts or mod's or anything..

Aaron
That's poor reasoning not to "believe" KBB. Your car is worth more in it's original form, those things devalue the vehicle...any vehicle.

Originally Posted by ENZO182007
usaa my car insuranc co just sent me an brochure on protecting mY "classic car" with there classic car coverage i for cars 20yrs + ( i have an 87)
Your insurance company cannot dictate what is and isn't classic/historic/antique etc. Your state Motor Vehicle dept. will decide that for you and they have requirements that you must meet meaning that simply because it's 20 years old won't (typically) be good enough.

Welcome to supply and demand. There is an increase of value in these cars because of growing popularity, plain and simple. The more people want the more they will pay to beat out the other guy. In 10 years they might not be worth 50 bucks but they might be worth 15,000 bucks. It isn't rocket science.
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