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current market usdm FD pricing VS jdm imports

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Old 01-09-17, 09:46 AM
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current market usdm FD pricing VS jdm imports

Been in the market for an Fd, pricing ranges quite a bit. any one else here waitng for the market to flooded with used jdm imports?
Old 01-09-17, 10:53 AM
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I dont think the RHD FD's will have any affect on the LHD USDM market cars. There just isnt THAT much to be made off them IMO that we will see a flood of japanese market FD's coming here. Plus, a RHD car is a real annoying thing to drive in the US so there will always be those only looking for LHD cars.
Old 01-09-17, 12:03 PM
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this is my prediction:

When the flood gates open within the next couple years for the FD, the prices for the RHD versions will spike as people buy them for nothing more than the novelty of owing one. Currently, importers are offering the early 92 models for 12-14k delivered. I can easily see early next year that getting up closer to 20k for the cleaner, low mileage or highly modded ones. Unlike with the Skyrine, the novelty of the FD will wear off much faster as people that don't know what they're doing will inevitably destroy the cars one by one. The market for parts will boom with the all the impending part outs but then people will grow scared to buy them and the price will eventually taper off. Outside of the actual rotary community, the FD already has a bad reputation for being reliable so once the masses gets their hands on them, that reputation will grow. You know that motors blow because they're junk and never because of the owner. From that I'm also sure there will be spike is LS swap parts as well.

I am hoping that the market will be split and the LHD versions will keep doing what they're doing as far as prices go. The biggest disadvantage with the imported FDs is going to be history. Theres no story to be told outside of that auction sheet. With the American FDs you get all sorts of history: service records, previous owners, CARFAX, ect...

Being completely honest, theres a type of person that can afford an FD to begin with considering what it cost to buy and maintain one. That by itself I see as something of a natural selection process for owners. With the price of the imported ones starting off so low, it allows for a different type of person to get one and fall victim to all the dark secrets that these cars hold. To put it in perspective, think about the types of people that have garages full of exotics. There definitely is a profile. Not to say its all inclusive though. IE not all black people are thugs and listen to trap music...

My biggest fear is that the people that haven't owned an FD up until this point simply because of the cost, will now be able to buy one because its "affordable". The situation where the stereotypical "ricer honda_boy" will scrape enough dollars together to get one is very real. The car is going to fall in the hands of a lot of really off people. I'm talking about the kinds of people that remove sway bars so they drop the car lower, roll their fenders with baseball bats and pipes, put 215s on a 12j and remove their exhaust for no other reason than to be obnoxious. Hopefully it will further divide the market and make the want for an American FD even more since you know you're getting a quality product......... usually. Its like the guy that paints cars out his grandmas shed vs the guy that works at a high end body shop. Yea, the end result is a new paint job but there will be a clear difference in quality.

After reading this it can sound like I'm painting this car to be some sort of elite machine that should only be owned by the 1%. Please believe that is not my intention and I don't think higher of myself because of the car I drive or the things I own. I'm just being realistic and honest. The price of something has a very large impact on the type of person/people that will be involved in whatever that is. From my perspective, the FD community is composed of older gentlemen that use this car as a hobby or an escape. Of course there are younger people that own them as well but its a very small percentage. Like I stated earlier, the cost of ownership alone is its own selection process. Typically someone "older" is established enough to be able to comfortably afford owning one without it causing turbulence in their finances.

From what Iv'e seen, the younger type owners don't have the same goals as the older type owner. they're more focused on body kits, paint jobs, wraps and wheels where as the older fellows are focused towards performance and quality. They're more open to the idea of taking the car to a shop to have the work done rather than do it themselves. They typically have no problem paying that triple digit hourly labor rate in exchange for knowing the job was done right. They also have the patience to build something over the course of a long time and do research vs just throwing cheap parts at it and just "getting it done" for the sake of modifying.

anyway, I've gotten off topic. These are just my thoughts and how I view this situation from my perspective. I am by no means trying to portray a sense of higher self worth because of what I have. These are just my thoughts and ideas and by no means all inclusive with my assumptions.

TLDR
the market will split

more part outs
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Old 01-09-17, 02:05 PM
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Originally Posted by jdm_emperor
... any one else here waitng for the market to flooded with used jdm imports?
Not me.
Old 01-09-17, 02:21 PM
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Here in Canada it is hard to look past the big opportunities provided with the Japanese imports:

Lower pricing
Lower km
Recaro seats
99 spec turbos
Facelift front bumper

Also it is the ONLY way to get a Spirit R if you really want a collectors item!

The cars being RHD in my opinion is not that big of an issue, people really should not see it as a barrier restricting your options, but if it keeps Japanese import prices low, then all the better for me!

I agree there will always be a premium price for the LHD cars as that is what some people really like, and of course it makes resale appeal to a much wider audience.

As for no service history...that shouldn't hold you back, if you are saving $10,000 - $20, 000 you can afford to drop in a new engine and parts.

Just my 2c......
Old 01-09-17, 02:29 PM
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Originally Posted by TomSmy
Here in Canada it is hard to look past the big opportunities provided with the Japanese imports:

Lower pricing
Lower km
Recaro seats
99 spec turbos
Facelift front bumper

Also it is the ONLY way to get a Spirit R if you really want a collectors item!

The cars being RHD in my opinion is not that big of an issue, people really should not see it as a barrier restricting your options, but if it keeps Japanese import prices low, then all the better for me!

I agree there will always be a premium price for the LHD cars as that is what some people really like, and of course it makes resale appeal to a much wider audience.

As for no service history...that shouldn't hold you back, if you are saving $10,000 - $20, 000 you can afford to drop in a new engine and parts.

Just my 2c......
The US market is much different than the Canadian one. We're limited to a 25 year rule which is why the FD is just now LEGALLY coming over.

Cr-Rex has just about nailed it; the fanboys will buy all the kitted 92's early on and wear them out. It will drive down prices of some parts and then the market will level back off. A good condition LHD will demand the highest premium until special models open up to import, by the time they do a good example will be much harder to come by.
Old 01-09-17, 02:30 PM
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History is not always about engine/parts, but could be with regards to accidents. Yes, you can save 10k on initial purchase, but is it worth this risk finding out later that the chassis is not straight and repairs were sub-par.

On another note, I am hearing from some Canadians that insurance is really a huge factor when buying a JDM/RHD car. Some are saying that insuring a RHD model costs significantly more than the domestic, LHD model of the same car. Can you Canadians confirm?
Old 01-09-17, 08:03 PM
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Originally Posted by jdm_emperor
any one else here waitng for the market to flooded with used jdm imports?
i say trickle. the Japanese didn't wait for our 25 year rule, and most of the good early cars are already long since sold off.

you're going to see a couple of really awesome cars, and a bunch of crap that nobody else wanted 15 years ago.
Old 01-09-17, 08:08 PM
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Originally Posted by FourtyOunce
History is not always about engine/parts, but could be with regards to accidents. Yes, you can save 10k on initial purchase, but is it worth this risk finding out later that the chassis is not straight and repairs were sub-par.

On another note, I am hearing from some Canadians that insurance is really a huge factor when buying a JDM/RHD car. Some are saying that insuring a RHD model costs significantly more than the domestic, LHD model of the same car. Can you Canadians confirm?
If you go with a reputable export company in Japan and have a really knowledgeable person acting on your behalf at the auctions you will be safe from the garbage vehicles (accidents, bad paintwork trashed motors etc).

As for insurance, it really depends on the province, Alberta is pretty good, BC on the other hand...not so much......
Old 01-09-17, 08:11 PM
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I have a few friends in Montreal and Toronto quoting prices for RHD vehicles 3-4x their US equivalent. I would guess insurance companies are basing rates on the demographics who buy RHD cars .....
Old 01-09-17, 08:14 PM
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Originally Posted by FourtyOunce
I have a few friends in Montreal and Toronto quoting prices for RHD vehicles 3-4x their US equivalent. I would guess insurance companies are basing rates on the demographics who buy RHD cars .....

I wonder if LHD RX7 insurance is more expensive in Canada than the USA for the same vehicle?

My only LHD RX7 is my 83 FB.......and thats only $113 CAD/year fully comp!

I expect insurance varies a lot, especially for under 30 yr old FD drivers!
Old 01-09-17, 08:18 PM
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LHD non turbo and 80s... probably wont be much of a "hit" on insurance premium, even if RHD.

I would be curious to see what a Montrealer pays for a LHD vs a RHD equivalent.

I would also be interested in what the insurance market is for LHD/RHD in the US.
Old 01-09-17, 08:42 PM
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I have to call my insurance for the FD soon, I will try to remember to ask for a price for LHD and RHD for comparison, then I can post back!
Old 01-09-17, 08:45 PM
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Please do ðŸ‘ðŸ¼
Old 01-09-17, 08:56 PM
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Is the NSX market going down? JDM NSX available '90-91...
I know the price is plummeting on air-cooled porsches
LMK.
Old 01-09-17, 09:16 PM
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My RHD 92 FD is a bit over $1000/ year to insure. About $700 USD.

CR-REX is right. Up here, in Canada, most RHD FDs are bought by 16 year olds who beg, borrow, & steal just enough cash to get their first affordable sports car. Then they cut the springs, straight pipe the exhaust, and put a "low or die" sticker on the windshield. They drive the car for one summer and either blow the engine or sell it in the fall to another stancer, who ruins the car even more, because their welfare cheques are late and they need money for smokes. That's why you see so many FDs on kijiji that are ruined or blown up.

This is true for most RHD cars here. Some kids buy them, stance them, hack them up, and ruin them. There's a Youtube channel called Lowcals that does exactly this. It's a group of Alberta kids cutting up their skylines/ Supra/ S15, stancing them, scraping and cracking the frames. It sums up the general RHD car scene up here very well.

There is, however, a very small market for well maintained FDs up here. A good condition RHD will go for around $17-20k CAD and a LHD one will go for a couple thousand more. I have never seen a mint RHD FD but have seen a couple of mint condition LHD FDs go around $30K CAD.

Last edited by H_M; 01-09-17 at 09:18 PM.
Old 01-09-17, 11:43 PM
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Originally Posted by Narfle
Is the NSX market going down? JDM NSX available '90-91...
I know the price is plummeting on air-cooled porsches
LMK.
This a recent development? Has the bubble burst?
I haven't witnessed this. And there were less NSX's available for purchase in Japan compared to US.
Old 01-09-17, 11:48 PM
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MINT RHD's are rare, but there are at least one or two on the west coast (Vancouver)

The cost to enter the market is the biggest factor. Buyers spending 25k will have a different ownership goal than someone with a 10k budget.

I personally would be impartial to an equivalent LHD or 99 spec RHD. RHD has a more exotic feel, but wears off after a 1000 miles.

The rear seats in the RHD force the drivers seat too far forward = not enough legroom.
Old 01-10-17, 12:22 AM
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Many of the best JDM FDs are already in Australia and NZ anyway, as we have been able to import series 8s since they were released. Supply for good ones is already drying up and the prices are increasing accordingly. Good RZs and Spirit Rs are now getting high 4 million JPY - double what it was 2 years and more than what they cost brand new. I plead North Americans to continue to refrain from buying them, or it will drive up the prices even more, as your exchange rate is even more favourable compared to the JPY now and there's no way us Aussies can compete on price
Old 01-10-17, 12:40 AM
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BC Insure us, you jest!

Most of what is mentioned above is spot on and enlightening.


Meanwhile, I saw a survey on here from 2001, or so, that showed that almost half the 1000, or more, surveyed FD owners were 30, or less, of which half were younger than 25. So I would reckon the LHD market in the US has seen its young owner phase, with all that implies.


My insurance on my 99 is $1600 for a year at a 43% good drivers discount. That is with full collision and comprehensive at the lowest deductible. The fact that the car is deemed a 4 seater might help, but otherwise, I don't believe it is more expensive than LHD.


The catch is that the state owned insurance company in BC writes-off RHD at the blink of an eye, and you'd be lucky to get more than $10,000. Meanwhile, claiming anything under $10,000 is likely useless as your insurance costs will jump up and stay up for a long time. So at best you are protecting yourself from bumping into someone's Cayenne S at Costco and causing a $10,000+ scratch.


In consideration of the above, I have undertaken to be additionally "self insured" in that I have parted out and cut up the rough equivalent of two FD wrecks, and stored the parts away in a U-haul self-storage; given an accident is inevitable in "Canada's most traffic congested city".
Old 01-10-17, 12:46 AM
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BC Don't cry for the Aussies

Our Aussie friend may take some hope as the price of metalurgical coal has more than doubled and Australia exports perhaps 80% of world supply.


Good times are back again my friend.


Meanwhile, in Western Canada we are stuck in "limp mode" until oil (and gas) prices recover.

Last edited by Redbul; 01-10-17 at 11:34 AM.
Old 01-10-17, 11:53 AM
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Originally Posted by cr-rex
this is my prediction:

When the flood gates open within the next couple years for the FD, the prices for the RHD versions will spike as people buy them for nothing more than the novelty of owing one. Currently, importers are offering the early 92 models for 12-14k delivered. I can easily see early next year that getting up closer to 20k for the cleaner, low mileage or highly modded ones. Unlike with the Skyrine, the novelty of the FD will wear off much faster as people that don't know what they're doing will inevitably destroy the cars one by one. The market for parts will boom with the all the impending part outs but then people will grow scared to buy them and the price will eventually taper off. Outside of the actual rotary community, the FD already has a bad reputation for being reliable so once the masses gets their hands on them, that reputation will grow. You know that motors blow because they're junk and never because of the owner. From that I'm also sure there will be spike is LS swap parts as well.

I am hoping that the market will be split and the LHD versions will keep doing what they're doing as far as prices go. The biggest disadvantage with the imported FDs is going to be history. Theres no story to be told outside of that auction sheet. With the American FDs you get all sorts of history: service records, previous owners, CARFAX, ect...

Being completely honest, theres a type of person that can afford an FD to begin with considering what it cost to buy and maintain one. That by itself I see as something of a natural selection process for owners. With the price of the imported ones starting off so low, it allows for a different type of person to get one and fall victim to all the dark secrets that these cars hold. To put it in perspective, think about the types of people that have garages full of exotics. There definitely is a profile. Not to say its all inclusive though. IE not all black people are thugs and listen to trap music...

My biggest fear is that the people that haven't owned an FD up until this point simply because of the cost, will now be able to buy one because its "affordable". The situation where the stereotypical "ricer honda_boy" will scrape enough dollars together to get one is very real. The car is going to fall in the hands of a lot of really off people. I'm talking about the kinds of people that remove sway bars so they drop the car lower, roll their fenders with baseball bats and pipes, put 215s on a 12j and remove their exhaust for no other reason than to be obnoxious. Hopefully it will further divide the market and make the want for an American FD even more since you know you're getting a quality product......... usually. Its like the guy that paints cars out his grandmas shed vs the guy that works at a high end body shop. Yea, the end result is a new paint job but there will be a clear difference in quality.

After reading this it can sound like I'm painting this car to be some sort of elite machine that should only be owned by the 1%. Please believe that is not my intention and I don't think higher of myself because of the car I drive or the things I own. I'm just being realistic and honest. The price of something has a very large impact on the type of person/people that will be involved in whatever that is. From my perspective, the FD community is composed of older gentlemen that use this car as a hobby or an escape. Of course there are younger people that own them as well but its a very small percentage. Like I stated earlier, the cost of ownership alone is its own selection process. Typically someone "older" is established enough to be able to comfortably afford owning one without it causing turbulence in their finances.

From what Iv'e seen, the younger type owners don't have the same goals as the older type owner. they're more focused on body kits, paint jobs, wraps and wheels where as the older fellows are focused towards performance and quality. They're more open to the idea of taking the car to a shop to have the work done rather than do it themselves. They typically have no problem paying that triple digit hourly labor rate in exchange for knowing the job was done right. They also have the patience to build something over the course of a long time and do research vs just throwing cheap parts at it and just "getting it done" for the sake of modifying.

anyway, I've gotten off topic. These are just my thoughts and how I view this situation from my perspective. I am by no means trying to portray a sense of higher self worth because of what I have. These are just my thoughts and ideas and by no means all inclusive with my assumptions.

TLDR
the market will split

more part outs

Basically this. In Canada as mentioned we've been dealing with this for years now.

Same story. Cars are been bought for 6-10k for RHD. The engine blows or something is broken. Parted out/sold with blown engine.

Owners don't know how to care for them and there aren't many Rotary mechanic's to begin with.

I RARELY see RHD FD's period now.
Old 01-10-17, 02:27 PM
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I can't wait for the flood gates to open!...just imagine all the cheap rusted JDM parts that we will have an abundance of! People parting out RHD FD's on every corner to buy some crack, the classified section filled with all kinds of shady crap...it will be amazing!

But seriously, while I'm not interested in a RHD FD, I can imagine many imported FD's might have some cool and rare parts on them. I actually bought my RZ brakes of a guy that imported a RHD FD and he had no clue they were any different than stock...sold them to me for $250. I once bought a C's short shifter that was on a JDM tranny, for super crazy cheap. Dude had no clue how much its market value is...this is what I'm truly looking forward to
Old 01-10-17, 02:37 PM
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Originally Posted by Spalato
I can't wait for the flood gates to open!...just imagine all the cheap rusted JDM parts that we will have an abundance of! People parting out RHD FD's on every corner to buy some crack, the classified section filled with all kinds of shady crap...it will be amazing!

But seriously, while I'm not interested in a RHD FD, I can imagine many imported FD's might have some cool and rare parts on them. I actually bought my RZ brakes of a guy that imported a RHD FD and he had no clue they were any different than stock...sold them to me for $250. I once bought a C's short shifter that was on a JDM tranny, for super crazy cheap. Dude had no clue how much its market value is...this is what I'm truly looking forward to
That would be nice! I would save money on all the charges/fees I am incurring from buying parts overseas. Parts hoarder's dreams come true!
Old 01-10-17, 04:03 PM
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start saving up spare parts money and wait for the bidding war lol. I'm sure we'll hear alot of "this guy's here is paying me this much more , what's your offer ? " stuff


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