Gotcha, agreed on the MB value. I too think waiting might not result in paying less for an FD, there will be good deals but those will dry up fast.

As mention, the crowdsourced type auction is probably why BaT is so popular. Everything is out in the open, more questions being ask that a buyer might not think of on a private sale etc.

 

No doubt there's a benefit but from what I've seen the comments often times just lead to confusion.

It would be really hard for me to pull the trigger on an FD being sold on BAT (unless it was being sold at typical auction/deal pricing) without seeing it or having someone I trust check it out. Then even if it checks out I wouldn't want to pay the price. It's just a weird place to buy, most of the time from what I can tell.

 

A friend of mine picked up an older BMW 135 manual trans for $14k off Autotrader, drove it for a year (not as a daily driver, just some weekends) and sold it on BaT for a little over $16k.

 

Sounds about right.

BAT is a sellers market when it should be a buyers market (auction).

I'll repeat, I don't get it. Your 95 was one of the few decent buys I've seen. After you took ownership you gave the next buyer a better deal here on the forum (still a great place to find good cars).

I think their formula for selling is clearly well thought out and works wonders but buyers can do better elsewhere with just a little effort/knowledge.

 

I still think it was timing that got me the car for $20,500 + fees in March 2017. I was originally going to drive it all the way back to Michigan from northern California but I didn't want to risk hitting snow in the mountains, so I drove it to AZ and shipped it from the Reliable Carriers depot.

I only bought it because my friend who is a big BaT viewer had kept sending me FD auctions until finally I caved and started bidding. Once you get the adrenaline rush going you want to win.

Also, I detest the process of selling cars. I don't like all the questions, all the requests for very specific pictures, scrutinizing and arguing and tire kicking etc. When I sold to Johnny here on rx7club he knew what he was getting. We did a very seamless ACH transfer and bill of sale, and it was gone in 3 days. I picked him up from a hotel next to the airport and he drove it home that morning. No hassle, only informed questions, respectable price, and a buyer who understands that there are risks involved with buying an FD on an original 60k mile engine.

 

I can relate to this! There is hidden value to having an informed buyer who understands the car and the transaction process.

 

Yep

Typically the better the deal the faster/easier the sale will be.

 

What's everyone's thoughts on the '95 VR w 75k on BaT going for 30k plus fees?

I think this was a great deal given the new motor, turbos, clutch, pillowballs, wheels, etc..

The repainted fender, emissions delete, tan interior, and higher chassis miles prevented me from moving on it.

 

.

Nice clean 95 with lots maintenance done equals smart buy from what I can tell. Install a pfc and have Pettit tune it and someone can enjoy it for a long time.

 

I think I guessed $27k for it. $30k is very good given the chassis miles and the time of year. I wonder if recession jitters have passed in the general public's mind.

 

Pettit makes no apologies in executing their vision of an oem+ FD. But, I wonder how that impacted the sale price. A factory stock 95 with a super fresh rebuild should have brought more, in my mind.

 

https://www.hemmings.com/classifieds...7/2330833.html

Thoughts on the $44.5 asking price of this 1 owner CYM with 61,500 miles?

 

Interesting ... F40 Motorsports is Wayne Carini's shop. I would think that if anyone could sell a 60k mile CYM for $45k, it would be him.

 

To me that's WAY over priced. Late model FD with new engine and turbos at 32k is a smoking deal over this same CYM at 32k, so 44.5 is a hell no, I'll move on to the other better cars/deals.

 

No doubt the emissions delete hurt it but not more than 1k or so. This car could have easily sold for 35k plus if the right buyers were bidding. I believe it was well bought or this is good example of a BAT auction working in the buyers favor.

Engine, turbo, bushings (pillow and diff) rad, ast, exhaust, etc... DONE!!!! This is basically like getting this car for 20k. Again good buy.

 

Hey guys, new here. I thought I would chime in because I'm going through the whole BaT process right now. I'll cut to the chase: I was the highest bidder on the most recent FD on BaT but reserve was not met.

https://bringatrailer.com/listing/19...33/?prompttm=1

In my case, I'm actually quite glad that reserve was not met. Why? I don't get charged the 5%, but I still get to work out a deal with the seller. Of course, there's no strings attached to either side, but so far, things are going well and hopefully, I'll have an FD next week. I think most BaT prices are absolutely moronic, but add on another 5% and it's just dumb. I think the ONLY time that BaT can be useful/a helpful tool, is if you get lucky with bidding prices that are below market value. If you roll in 5% from there and include it to the total "out the door" price of the car, it's not that bad. That was actually what I was hoping for, but I think a RNM worked out better for me since I have no strings attached.

I'm still weary of purchasing a car unseen, especially for an FD that doesn't have the records to prove it's streetport rebuild claim. However, I think I'm willing to roll the dice since I would be purchasing at under market value and I know what I'm getting myself into. I currently own an FC that has treated me incredibly well during my short ownership, but I've always lusted over the FD ever since watching Tokyo Drift when I was 12 lol. On top of that, I have a reliable daily so I won't have to worry about transportation and such. I guess my point is that I'm incredibly excited to potentially own an FD and hopefully everything works out from here. Hope to see you around in the threads, guys!

Cheers,
Doug

Edit: I just read the rules, I've made my post in the New Member section. Mods, please handle this post as appropriate. Sorry about that.

 

Congrats! Hope everything works out and welcome to the club.

 

No harm, no foul.

 

@Doug910 Good luck!

 

Looks like a nice one. Best of luck!

 

https://www.exoticmotorsportsok.com/...d-ok/40093689/

 

Holy smokes, is that mileage a misprint?

 

It’s legit, I looked at the Carfax on website.

 

Nice to see a fd still on the road with that amount of milage. I have only 115000 miles on it but I bought it to drive and enjoy. I would not mind buying a collector low milage car for resale but I have to have another fd to enjoy driving. These cars were built to drive in my opinion.

 

YEP

The low mileage cars are still worth driving. IMO you can't find a better/more fun sports car for 30k. They also won't depreciate but if you buy one with high mileage you may end up spending 10 to 20k just maintaining it LOL.