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

NADA price vs enthusiast price for GTUs

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Old Mar 18, 2004 | 08:14 PM
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Question NADA price vs enthusiast price for GTUs

With the coming of spring, once again I am considering selling my 1990 GTUs. NADA book price for any RX-7 is way less than we rotorheads think it should be. Like any specialty car, there is a premium to be paid for certain vehicles......by the correct buyer. What are the opinions for an asking price for selling to the rotary enthusiast market? 1990 GTUs, bone stock, Blaze Red, original owner, 200K miles, motor replaced at 109K, trans rebuilt at 120K, new Bridgestone Potenza SO-2, two sets of alloy wheels, including stock, SS exhaust, everything works, all stock parts are there: (factory handling pkg., aluminum hood, close ratio 5-speed, 4.3 rear, etc.), good paint, straight body, garaged, non smoker, owners manual, promotional brochures, service records, only 100 made in 1990, featured on back cover and pages 90-93 of "Sports Car Color History RX-7" by John Matras.
How much would you ask for this car? Or would you keep it longer, hoping the value will go up?
Ron A.
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Old Mar 18, 2004 | 08:26 PM
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I say get a rebuild when needed and keep it, every one has a gtu or a gxl but who has a GTUs keep it stock and clean. i think the value will go up but not as much as one with lower miles thats one thing they will look at its not just the motor and trans that get worked, over 200k **** starts to happen. or you could sell it to some rich boy who just sees rx-7 and drops a load of cash not knowing what he is buying
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Old Mar 18, 2004 | 09:50 PM
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You're not gonna strike gold on it, if that is what you're asking. IT is worth about the same as any other NA of that year range with equivalent wear, perhaps worth a few hundred more.

I had a nice GTUs last year with a fresh rebuild and a full exhaust that took me 3 months to sell at $3400. The car had 138k and the engine 4k. I imagine you'll have a harder time selling your car with more miles on both the chassis and engine for that amount.

I'd say $2500-3000.
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Old Mar 19, 2004 | 12:46 AM
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I have a 89 white GTUs and love it. I got it about 3 months ago from a college student that only drove it to school which is only few miles away from where he lives. He let it go for $1,600. Its in perfect condition with suspension mods, cat back, high flow cat, and intake. I also got a set of powdercoated FD rims. I think im keeping mine the same for the rest of its life. Im also thinking of keeping her for a very long time.
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Old Mar 19, 2004 | 12:49 AM
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The mileage is high. You can downplay it, and be right, but the average buyer is still going to see "200K." On the west coast I'll bet it would fetch around 3-4000 from an enthusiast, but I don't know about the east coast.

Steve
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Old Mar 19, 2004 | 02:28 AM
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Wait wait wait....did i read this wrong? WAS IT YOUR CAR in that book...actually YOURS or your model? PLease clarify.
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Old Mar 19, 2004 | 07:10 AM
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Re: NADA price vs enthusiast price for GTUs

These cars have no collector value at this time, and probably will never have any collector value. The NADA book is usually too low for any car. I recommend the Kelly Blue Book, which is much more accurate for RX-7's, except for the 93+ models that sell for more than listed. The only "added value" on that car is that the teenagers like the round Series-5 tail lights, and are willing to pay premium prices for them, which means that the car is at least worth something as long as the rear end is intact.
http://www.kbb.com/

It's going to be difficult getting a lot of money for that car with all those miles, especially because the rebuilt engine is probably in need of another rebuild. I think the most you are going to get is $2,500 unless you can find a really ignorant buyer. Somewhere around $1,500 is probably more realistic.
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Old Mar 19, 2004 | 08:25 AM
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GTUs

RRTEC- Mine. My name is in the list of car owners in the acknowledgements section of his book. John Matras, the author of the book lived about 20 miles from me when I lived in PA. He flagged me down in the parking lot of a shopping center and later came out to my house to take the photos. He wanted to have a photo of every model of every production year for the book he was writing. He was the one who found out there were only 100 1990 GTUs. He originally thought it was a 1989. He had to call one of his contacts at Mazda corporate, cause the only reference in my 1990 owners manual was a small footnote in one of the charts in the back that even mentioned the GTUs. At the time, I did not have a clue it was a rare model. In fact, when I bought it, they had two new GTUs on the dealer's lot: the red one I bought and a black one. I hardly drive the car anymore and go though this sell or not sell debate about once a year.
Ron A.
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Old Mar 19, 2004 | 08:30 AM
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If you do decide to sell send me a PM and let me know what you want for it.
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