rx7socal

What do you guys think about the price of the FD as it gets older?like 5-10 years from now.

Gringo Grande

iTrader: (97)

Unless it is mint...going down. Amazing car with a timeless design that will always be appreciated and certainly have fervant supports. Most of them aren't just worth much anymore IMHO because of time + abuse. I literally can't imagine paying more than $8,000 for one.

96fd3s

Personally i dont think good legit cars will be going down in price any time soon, at least not down here in NZ.
Down here where I live, there are still quite a few around on the roads, and even more that are not allowed to be road registered - so there are a lot of cars that are destined for parts or the race track only.
Personally i think this means that legit road registered cars will continue to rise in value as long as there are parts cars to fill the need for parts. (if an rx7 is not already road registered here in NZ, then it can never be road registered, so road legal cars fetch a huge premium - and there are even more parts cars then there are road legal cars)

I think prices will start to drop when parts are exhausted and it really becomes to difficult to keep them going.
I purchased my car for 15k about 6 or 7 years ago. I could still get that for it today (its pretty much standard), probably more..I expect I could still get 15k for it in another 5 years time.

rx7socal

Iv read an article that rx7 will be one clsssic import that is desirable. As long as keep the rotary engine. That's why it's called Rx for a reason.so you guys think that it will reach at least 30k value?

limepro

iTrader: (2)

It will never keep up with inflation.

djseven

iTrader: (56)

No offense guys but you need to check the market. These cars are jumping in value like crazy right now. Hard to find a decent example under $14-16K and you damn sure arent finding a really clean one much under $20k. Used to be able to get on Autotrader and ebay and find a good running clean car under 60k miles for $13-15k all day. They aren't there anymore and you wont find them on CL either. Then again what car would you replace it with for $15K? Ill wait patiently, there is no other options. Unless you snag a high mileage C5 Z06 for $16-18k there is nothing comparable for the price.

t-von

iTrader: (8)

Once it's looses ability to the financed, the prices will drop. Not too many people wanna pay 10k+ for a 25-30 year old car. A bone stock sub 75k mileage are the only ones what will hold some value.

rx7socal

Have you read mike ancas mazda rx7 book?

rx7socal

How about keep it and save up some money and then put some fortune body kit on it. I'm pretty sure that's one of a kind head Turner car.

freaknbigpanda

Prices in canada are pretty dam low. RHD cars are insanely cheap, like 10k for a perfect condition stock car. LHD can still fetch about $15k for a perfect car. I don't see prices going down much past this though.

rx7socal

Your from canada?

SA3R

Australia still sees high prices- see here. Completely normal to see $30,000 to $40,000 dollar cars, even the early 1992-1996 cars.

http://www.carsales.com.au/all-cars/results.aspx?silo=stock&q=%28%28%28%28%28%28%28%28 SiloType%3d[Brand+new+cars+in+stock]%29|%28SiloType%3d[Brand+new+cars+available]%29%29|%28SiloType%3d[Demo+and+near+new+cars]%29%29|%28SiloType%3d[Dealer+used+cars]%29%29|%28SiloType%3d[Demo+and+near+new+cars]%29%29|%28SiloType%3d[Private+seller+cars]%29%29%26%28%28Make{%3d}[Mazda]%29{%26}%28Model{%3d}[RX-7]%29%29%29%26%28Service%3d[Carsales]%29%29&vertical=car&sortby=TopDeal

Here's a typical example. 1995 car for $52,000.00

1995 Mazda RX-7 Series 6 SP

And another. 2001 car for $38,000.00
2001 Mazda RX-7 FD RB

For anyone good with money, 1 Australian dollar at the time of writing this, equals 90 USA cents.

RX-7's here are an investment. They are rapidly climbing!

Given that the brand new sticker price of an RX-7 in Australia when they were new in showrooms was between $90,000 and $100,000, yes they have depreciated. But since media like the Fast & Furious franchises have put them in the spotlight as the hero cars, they have gained more attention and thus desirability.

There is going to be a strange phenomenon in 30 years time. All the kids and teens who have seen the Fast & Furious films and things in their youth, are going to grow old. What do middle aged men spend on, during a mid life crisis? Thats right. The things they wanted during their childhood but could not afford.
Just as most Hot Wheels & muscle car collectors are actually middle aged men, the middle aged men in 30 years time are going to go after that shiny Supra & RX7 that they watched Paul Walker drive on the big screen when they were young. Because at the time, that was the coolest thing they had ever seen.

And a second point in my argument is this: Japan has stopped making cars like this. You can't buy hairy, lightweight twin turbocharged rockets that will kill you if you are a bad driver. Everything now has computerized stability, environmentally conscious, heavy design and electronics built in. While that is very good for day to day use, the feeling is not there anymore. My BMW M5 felt more like driving a well built German electric shaver. Very good for the job it was built to do. But boring and felt like an appliance. No soul.
The Supra, RX7, 3000GT & NSX are the last Japanese cars with real feel to drive.

Believe me, if you have a good clean example of one of these cars in 20/30 years time, you are going to be laughing. I'll bet a can of Coke on that. Whatever Coke tastes like in 30 years time

rx7socal

Man, that's a good one. That reminds me that the rx7 has no traction control what so ever.lol!

Tem120

iTrader: (5)

My car personally gets abused to much to even think of resale value.. LOL But for mint nice conditioned cars I've only seen the prices go up since i bought mine.

rx7socal

Here's another story of mine. I bought a 93 red rx7 with 73k miles for 13000. Some dumb a** decided to run a light and Tbone me. Insurance tried to save the car but they failed due to the fact that they can't find some brand new safety items. So they just gave me 19k for the car.

RotaryEvolution

iTrader: (30)

they're not jumping like crazy in price, they're basically increasing in value about equal to inflation figures.

i still see people having a tough time selling sub 60k mile nearly unmolested FDs in excellent condition for $15k. so stop kidding yourself.

if you find just the right buyer then consider yourself lucky. it happens but the examples are few and far between.

rx7 SE

iTrader: (5)

To be honest, I'd pay more for an LS swapped FD than a rotary powered FD cuz I know how much money I'm going to spend replacing motors after track events. Just being honest.

freaknbigpanda

Yes I am from canada. I had to fight a polar bear this morning on my way to work. It was crazy.

Fritz Flynn

iTrader: (263)

Yep

From someone who's bought and sold them for 15 years. The values are on AVG about 5 to 10k higher at this time and will go higher and higher as the quantity of nice cars goes lower.

They aren't going up because of inflation most automobiles deflate to almost nothing unless they are cool cars and they may hit a wall and stay at around 5 to 10k for nice examles but if they are the really cool cars like the E30 M3, old corvettes, mustangs etc... the values keep going up SLOWLY which is what's happening to the FD.

Montego

iTrader: (1)

I've said it before and I'll said again: These cars will follow the lines of muscle cars and IMO prices are starting to reflect that. In the early 90's, the late 60's and early 70's muscle cars where just old cars with a cool factor to them & they could be had for very cheap. Shoot back in 92 my close friend bought a 70' mustang for 1,000 bucks. It was decent, it ran good, it needed some cosmetic work but nothing too crazy. Anyway, about 3 years later he sold it for $1,000 in order to finance the purchase of a VW golf ... Yeah he still regrets that...

I had no idea that 20 year old cars were able to be financed.

Older cars are harder to sell period, as it requires a special buyer. If 20+ year old cars are flying off the shelf at 15K then there's a serious pricing issue. Meaning it is worth a hell lot more than 15K. Seriously, put up an ad stating that you have a unmolested low milage 66 GTO for $20K and watch as your front door is literally busted down in the frenzy. Now, put that same GTO for $64K (what they go for now) and wait months for a buyer.

the funniest thing I've read all day

t-von

iTrader: (8)

Sure as long as the bank can access a loan value on it, they will let you finance for a very short term. Some banks are more lenient than others. Of course your credit history helps also. Right now NADA doesn't show anything on a 94 Rx7 so if consumers can't see what the value is, they are less likely to buy.

You are absolutely right about older cars being harder to sell. I have a 1988 ASC Mclaren Mustang that I restored that has only 59k original miles that I'm selling. You can't find a value on it but they go anywhere from 8k up to 14k depending on condition. Mine has a color sanded paint job and new top with a supercharger so I'm trying to get 12k. 90% of the lookers gawk at the price because to them, it's just another Mustang. I have to always explain to them what it is.

adam c

iTrader: (2)

Values will continue to increase. I see them going up a lot in about 10 years.

A guy offered me $24K for mine the other day. I dont know if he was serious. I told him no. It took me too much time and money to get the car where it is now, which is done

t-von

iTrader: (8)

^Done???? What do you mean DONE!!!!! Rotary+Rx7 =never done. Lol!

adam c

iTrader: (2)

Its where I want it. It's done. All just upkeep now. It's a nice feeling. More people should try it.

rx7socal

so here is the appraisal for my car. Its from Classic Auto Appraiser. Im pretty sure this is accurate. They been on this proffesion for 40 years now.