jsesq

This is ... interesting. With electric car sales just reaching 2% of all new car purchases - and representing a TINY fraction of all cars on the road - ICE powered vehicles are going to be around for a loooong time to come. If you're actually talking about Tesla making these rear cradle conversions, they can't keep up with the production of their own vehicles, much less starting to make things for the aftermarket. If you're talking about someone else engineering a conversion system for the FD, I don't see the numbers making it worth the investment. There are just too few FDs out there. Maybe there's someone out there who has money to burn and feels like an LS swap is too pedestrian, but if there ever is an electric FD, I think it'll be a one-off.

Quote:

Another thing of note, there are several companies already perfecting replacement steeringwheels for used/older cars which will allow full self driving capabilities, so personally I'd say just hold on to your favorite classic/collector cars- if you truly love them.

No thanks! The whole point of taking my car out is.... driving it myself!

jsesq

This should be interesting!

https://bringatrailer.com/listing/1993-mazda-rx-7-78/

This car sold for $47,000 on Bring a Trailer 10 months ago. With the intervening $70k sale, I would expect to see a significant bump for this nice example. AND they already have (excellent) compression test results!

Why

iTrader: (1)

I believe the mere mention of the previous sale of $47k in this new listing for will hurt the chance of it hitting near the value of the previous MB from a few months back.

arghx

iTrader: (3)

Too late in the season. They need to try in May or June. Economic jitters will hurt it too. I'd say they'd be lucky to get the original $47k.

Fritz Flynn

iTrader: (263)

I was surprised the 1st time around that this one didn't sell for more.

Looks like they've clean it up a bit etc... I suspect 50k plus but as mentioned the time of year and it would appear the market is cooling off some. I was surprised the nicely put together LS car didn't sell for more as well.

Also as mentioned above car collecting like the stock market etc... is at peak values so not really the best time to invest in a collector car or who knows maybe the melt up is just getting under way.

I believe the FD collector market is just getting started so even if there's a pull back I don't see it being a 50 percent move, more like 20 percent.

jsesq

And yet another FD on Bring a Trailer:

https://bringatrailer.com/listing/1994-mazda-rx-7-30/

1994 Base (Red over Black) with some R2 bits and a few mods. Looks like a nice driver.

Fritz Flynn

iTrader: (263)

I'll say 27,500 pending compression. Nice car and I like the mods.

It's similar to the MB base with approx 71k miles that sold for 33750 (now listed by a dealer at 44,900).

Bottomline: if it sells for anything under 30k the market is moving the wrong direction.

SSM car already at 43k. Should sell for over 50k.

Narfle

iTrader: (16)

I mean the low miles is super cool, but gimme the red one any day.

LO7

iTrader: (2)

The fact of the matter is that with only a few new regulation changes the whole aftermarket modifying industry for ICE vehicles could be gutted and destroyed. If they outlaw modifications to vehicles like California is currently doing, then no one can legally put exhausts on their car anymore... Small stupid regulations like that will destroy the hobby for a vast majority of people in a very short amount of time. Everything is trending in this direction, based mostly on the pollution argument which may or may not be sound..

There will be a point within 10-15 years where it will be mandatory to have autonomous capabilities in order to even use the US highway systems, and it will only take one new Federal mandate that all used and new vehicles are required to have the new GPS Satellite internet based autonomous steering wheels installed/retrofitted... Not to mention Policing technology- Drones/Sensors detecting speed limits on roadways and immediately charging an infraction (-$) on your account, and/or pulling you over autonomously via the onboard computers being hooked to GPS/Internet, it will make it much easier to implement systems such as this. (Something similiar to the current Chinese facial recognition system that charges you a (-¥) fine immediately after you jaywalk- but this will be way easier to track considering you have license plates affixed, and probably your phone in the car with you transmitting tons of personal data.) Sound far fetched? Not at all, and it doesn't matter what you personally want... Laws will be laws. It will all happen under the guise of safety to the public.

If the "Global Warming" agenda keeps proceeding as it has been, as well as a Carbon tax enacted, then you will probably be quite surprised at how fast the Federal and State governments will make it much more expensive to own any ICE vehicle. Petroleum prices can be artificially raised in the name of saving the environment very easily once the network of electric charging stations is about tripled from where it currently is (which will happen within the next 5 years from all indications.) ...and even if you can't get to a dedicated charger, you can use a normal electric wall outlet literally anywhere to charge your car up (and solar charging tech is getting to a point as well where you can just recharge via the sun, which you can't do if you run out of gas somewhere...

Ice cars will be around for a while still, and then only as collector cars- but it will make less and less sense to own and daily drive as the regs are systematically changed (and electric vehicle tech becomes less expensive and farther reaching/faster charging). For the everyday populace electric cars make way more sense. No oil changes ever again(!), barely ever need to change brake pads because of regenerative braking, no typical engines with tons of moving parts that break, etc. etc. etc. 15 years from now it'll almost be the year 2035! From now until then you really believe "everything" will basically stay the same? The rate of technological progress is EXPONENTIAL right now, and vehicles are directly tied to that metaphorical rocket ship on the way towards Mars and beyond... (*as long as the economy doesn't completely crash)

*Just a few random articles to read from this year:

'Wall Street Journal says ICE cars could soon be like flip phones'

'EVs Now Expected To Become Cheaper Than ICE-Powered Cars By Mid-2020s'

'Will the death of the ICE vehicle come earlier than expected?'

'Tesla Will Have Full Autonomy in 2020, Elon Musk Says'

arghx

iTrader: (3)

In the short term enforcement of mods is done at the local level and will continue to be done so. There are entire states with literally no annual inspections.

Fritz Flynn

iTrader: (263)

YEP

In 20 years the majority of vehicles being sold could be electric but this is because of China and not what CA is doing. China is already mandating that a certain percentage of electric cars be sold for every ICE car.

If every vehicle sold today was electric it would still take 20 years before most of the cars on the road were electric. The electric vehicle revolution is going to take some time because ICE vehicles have a very strong foothold.

Gas prices may go WAY down (this would slow the process considerably) to compete but who knows if the gov gets involved they could go way up forcing people to go electric.

The next decade will be interesting but mostly from a business, gov, economic standpoint not EV. The entire world is in MASSIVE debt and this is going to be the real obstacle going forward. How this gets resolved will dramatically impact everything else, the future will be interesting for sure.

PS It's doom and gloom but our annual GDP is 22t and our debt is 22t. Our GDP has been growing like crazy the last 30 years. What happens when it slows? BAD THINGS......LOL

Qtfsniper

Its crazy, over the timespan of this thread the values are going higher and higher . I need to pick mine up soon before it's too late

eslai

Interesting. The car is being sold by Morries Mazda. That is where my car was sitting before it was sold to NorCal. I got it from the guy in NorCal with 13,000 miles. So, does Morries Mazda have a thing about buying low-mileage FDs and then selling them? I was told that mine had been sitting at the dealership for a long time.

Why would they buy it and then flip it so fast? And in the wrong season? I wonder if it'll get near the $70k sale. Certainly the Silver/Red '93 seems more collectible than a Black/Tan '94.

Fritz Flynn

iTrader: (263)

I think they are hoping to make a little money and possibly worried about the value going down near term.

The reserve is probably 50 or about what they paid. I think it will sell for 50k plus. I don't see it going over 55.

94 cars will be more valuable than 93 all things equal. 95 more than 94. The MB touring car that sold for 70 was a much better/cleaner car overall. 94 touring models are the cadillac of the FD world with the bose system, glass sunroof etc... the oem wing was a nice touch as well.

Silver and red or black and red are not for everyone but those that like it probably have strong feelings for it.

Fritz Flynn

iTrader: (263)

I think the market has leveled out a bit.

As suspected the SSM/red with 2800 miles sold for 52,500. This is about the top of the market unless a 94 or 95 with super low miles comes up for sale. I don't see another FD selling for 70k anytime soon.

Narfle

iTrader: (16)

Eh, they could've cleaned that car up some. Some dirt and mud here and there, the engine bay doesn't show particularly well, the whole acid vandalism thing. That 4k MB was an absolute time capsule. If you look at the BAT curve of pricing it seemed on-trend FWIW.

ZE Power MX6

iTrader: (157)

Yeah, I don’t think the SSM can catch the MB price, not that soon at least, the vandalism thing plus the BaT history will always haunt its value. There’s a reason why it only sold for $47k first time around, with two 9500 miles VR bid up to and sold for more than this SSM couple months before. But 12% increase in value in 10 months is not bad no? Especially the previous sale price is in plain sight for the buyer to see.

Price always cool down this time of the year, so we might see some lower price action. Probably a good time to buy between now and Spring, but many people with cash probably thinking the same thing, so I think the nicer example won’t see much of a drop, might be able to score some good deal with higher mileage car, we’ll see

Fritz Flynn

iTrader: (263)

Yep the engine bay is this cars weakness for sure which is why the price seems reasonable. Compression also isn't great but probably a good value at 55k for a collector. OR are we at the top of the collector market and it will be worth 25k in 10 years. Who knows, congrats to the buyer and I can appreciate his FD appreciation

I'll take the red base model for 30k and drive it as much as possible

ZE Power MX6

iTrader: (157)

As much as I would love to see that VR base go for 30k, I think price target will fall along these line. We’ll be in hella good shape if it goes near 30k, because we are talking sub 40k miles car price then

Narfle

iTrader: (16)

It's a really clean california car that's presented well, I'd like to see it cross 30.

gmonsen

It does seem that more "ordinary", but nice, FD's are going for around $25-30.

Fritz Flynn

iTrader: (263)

Clean 94 base models will hold value/are valuable. I won't be surprised if it sells for more than 30 but I feel like that's the number.

ZE Power MX6

iTrader: (157)

That will show us what’s more important, lower mileage or trim, we shall see

Fritz Flynn

iTrader: (263)

YEP

94 mb base with 71k miles sold for 33. I think MB has a bit more demand than VR but base models are worth more now and likely will be in the future.

ZE Power MX6

iTrader: (157)

That guy was a bit of an outlier, if base off of that price this VR will go for more. I guess we’ll see tomorrow, would love to see it go above $30k