How to value your FD
#3226
#3228
@Pettit Racing
iTrader: (1)
All this CYM talk has me wondering what mine is worth. Not that I'd sell it, but just to get a rough idea. I bought it stock with 219k miles. I've since had the motor rebuilt using almost all new parts (new rotors, new housings, old irons and e-shaft, new seals and a fresh coat of yellow and black paint) and converted it to single turbo but besides another set of wheels, 99 front bumper, and 99 wing, I don't plan on modifying it anymore. I understand you can never get what you spent in modifications, but I believe it's worth every penny I've spent to keep this car on the road and get some enjoyment out of it.
#3230
Full Member
I was reading through this thread, and wanted to share something to help some people out...
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When it comes to insurance, a primary concern – and rightfully so -- of classic and collector car owners is how much your policy will pay out if you have an accident and your car is a total loss.
Of course, much of that payout depends on what type of coverage you have on your vehicle. We’ll talk about two types in this article, Stated Value and Guaranteed Value® (also known as Agreed Value), but first we must review something called Actual Cash Value.
Because most cars begin depreciating the moment they’re driven off the lot, standard insurance companies insure your cars accordingly. They will adjust your payout based on what the car would be worth the day of the accident (prior to any damage occurring), instead of what you originally paid. This is referred to as a vehicle’s Actual Cash Value.
Stated Value is coverage that reflects an amount that is “stated” at the onset of the policy. You tell your insurer what your car is worth (with proper documentation) and it is insured for that amount. The caveat here, however, is that the insurance company can choose to pay you either the Stated Value or the Actual Cash Value, whichever is less.
Alternatively, Agreed Value, coverage primarily offered by specialty insurers, is based on the proven value of your car as determined by you and the insurance company, according to appraisals, photos, or other relevant documentation. With Agreed Value coverage, the insurance company will guarantee that they will pay this agreed-upon value in the event of a covered total loss.
If you own a classic or collector car that is maintaining or increasing in value, Agreed Value is the best option to consider, or you risk losing out significantly if you have an accident. It’s important to note that most standard insurance companies do not typically offer Agreed Value, unless they partner with a specialty provider.
If there’s anything you should know about your insurance, this one’s at the top of the list. Ask your insurance company what kind of coverage you have, and make sure it is Agreed Value or Guaranteed Value®*, as we call it here at Hagerty.
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Although I don't have my policy through Hagerty anymore, they are A top dog in the agreed value policy world, so they know what they're talking about.
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When it comes to insurance, a primary concern – and rightfully so -- of classic and collector car owners is how much your policy will pay out if you have an accident and your car is a total loss.
Of course, much of that payout depends on what type of coverage you have on your vehicle. We’ll talk about two types in this article, Stated Value and Guaranteed Value® (also known as Agreed Value), but first we must review something called Actual Cash Value.
Because most cars begin depreciating the moment they’re driven off the lot, standard insurance companies insure your cars accordingly. They will adjust your payout based on what the car would be worth the day of the accident (prior to any damage occurring), instead of what you originally paid. This is referred to as a vehicle’s Actual Cash Value.
Stated Value is coverage that reflects an amount that is “stated” at the onset of the policy. You tell your insurer what your car is worth (with proper documentation) and it is insured for that amount. The caveat here, however, is that the insurance company can choose to pay you either the Stated Value or the Actual Cash Value, whichever is less.
Alternatively, Agreed Value, coverage primarily offered by specialty insurers, is based on the proven value of your car as determined by you and the insurance company, according to appraisals, photos, or other relevant documentation. With Agreed Value coverage, the insurance company will guarantee that they will pay this agreed-upon value in the event of a covered total loss.
If you own a classic or collector car that is maintaining or increasing in value, Agreed Value is the best option to consider, or you risk losing out significantly if you have an accident. It’s important to note that most standard insurance companies do not typically offer Agreed Value, unless they partner with a specialty provider.
If there’s anything you should know about your insurance, this one’s at the top of the list. Ask your insurance company what kind of coverage you have, and make sure it is Agreed Value or Guaranteed Value®*, as we call it here at Hagerty.
-------
Although I don't have my policy through Hagerty anymore, they are A top dog in the agreed value policy world, so they know what they're talking about.
Last edited by asesereker; 07-14-20 at 06:42 AM.
#3231
Full Member
max1os ...
Wow! Your CYM looks awesome man! Very clean! Congrats!
What is going on with that stripe?!
I've never seen that before.
Time to lower her !
After lowering, you can put spacers with the stock wheels and get pretty good fitment too.
FDs are a blast to drive, and meant to be driven!
Enjoy it!
Wow! Your CYM looks awesome man! Very clean! Congrats!
What is going on with that stripe?!
I've never seen that before.
Time to lower her !
After lowering, you can put spacers with the stock wheels and get pretty good fitment too.
FDs are a blast to drive, and meant to be driven!
Enjoy it!
Last edited by asesereker; 07-14-20 at 04:19 AM.
The following users liked this post:
fbse7en (01-11-23)
#3232
Eh
iTrader: (56)
All this CYM talk has me wondering what mine is worth. Not that I'd sell it, but just to get a rough idea. I bought it stock with 219k miles. I've since had the motor rebuilt using almost all new parts (new rotors, new housings, old irons and e-shaft, new seals and a fresh coat of yellow and black paint) and converted it to single turbo but besides another set of wheels, 99 front bumper, and 99 wing, I don't plan on modifying it anymore. I understand you can never get what you spent in modifications, but I believe it's worth every penny I've spent to keep this car on the road and get some enjoyment out of it.
#3234
max1os ...
Wow! Your CYM looks awesome man! Very clean! Congrats!
What is going on with that stripe?!
I've never seen that before.
Time to lower her !
After lowering, you can put spacers with the stock wheels and get pretty good fitment too.
FDs are a blast to drive, and meant to be driven!
Enjoy it!
Wow! Your CYM looks awesome man! Very clean! Congrats!
What is going on with that stripe?!
I've never seen that before.
Time to lower her !
After lowering, you can put spacers with the stock wheels and get pretty good fitment too.
FDs are a blast to drive, and meant to be driven!
Enjoy it!
Thanks. If you scroll up a bit, I pretty much explain the history of the stripe (and the car). I have had two others that were modified. This one is going to stay just the way she is.
-Michael
#3235
Eats, Sleeps, Dreams Rotary
iTrader: (284)
As is probably $12-15k. Sad reality but selling a FD with over 150k miles is tough, selling one with over 200k miles is near impossible withoutgiving it away. If you go to sell it the car will be worth the most fully parted out. However, a quick way to get good money out of it would be to sell the drive train($2500-7k depending), 99 spec bumper setup($1000 used), 99 spec spoiler($1000.00 Used), Wheels($1000-3000) and sell the chassis as a full interior roller for $6-9k. I absolutely hate seeing good FDs get parted out to a bare chassis(I still love you Tomsn16) but that is how they are worth the most money.
Here's pic of latest part-out car.....parts will be posted in a few weeks.
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Narfle (07-16-20)
#3237
Eats, Sleeps, Dreams Rotary
iTrader: (284)
Our chassis/complete shells always include a clean title & dash VIN plate
The MB shell in pic is more than clean....it does no need paint and has zero dings.
#3238
Rx7 Wagon
iTrader: (16)
The last FD on BAT did pretty good, clocked almost 30k all done for a red/tan repaint driver.
Car seemed real clean underneath, but I trust exactly zero people to get the trim on and off an FD correctly for a repaint without ruining everything.
What y'all think of Demuro's new Cars and Bids thing?
Car seemed real clean underneath, but I trust exactly zero people to get the trim on and off an FD correctly for a repaint without ruining everything.
What y'all think of Demuro's new Cars and Bids thing?
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kalinakona (09-01-20)
#3240
Rx7 Wagon
iTrader: (16)
Heres how this guy is valuing 45k usd.
https://vancouver.craigslist.org/rds...160165940.html
https://vancouver.craigslist.org/rds...160165940.html
#3241
Senior Member
#3242
Full Member
iTrader: (2)
These cars would be selling for more if there wasn't so much uninspired media making the same asides about reliability or made-up concerns. Every reviewer has the same guilt-ridden tic whenever RX-7s are mentioned. They can't help but mention a fault or apologize for the car even when they have no good reason to.
An FD burns about as much oil as so many e46 M3s and it gets the same gas mileage; yet, every review or discussion about the BMW isn't riddled with "despite the poor gas mileage and burning oil..." or "I still like the quirky S54 even though...."
I think if more people actually owned a rotary-engined car they'd realize how unexceptional they are.
An FD burns about as much oil as so many e46 M3s and it gets the same gas mileage; yet, every review or discussion about the BMW isn't riddled with "despite the poor gas mileage and burning oil..." or "I still like the quirky S54 even though...."
I think if more people actually owned a rotary-engined car they'd realize how unexceptional they are.
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DaleClark (07-21-20),
mazdaspeedrex (07-24-20)
#3243
Moderator
iTrader: (3)
Join Date: Mar 2001
Location: https://www2.mazda.com/en/100th/
Posts: 30,885
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These cars would be selling for more if there wasn't so much uninspired media making the same asides about reliability or made-up concerns. Every reviewer has the same guilt-ridden tic whenever RX-7s are mentioned. They can't help but mention a fault or apologize for the car even when they have no good reason to.
An FD burns about as much oil as so many e46 M3s and it gets the same gas mileage; yet, every review or discussion about the BMW isn't riddled with "despite the poor gas mileage and burning oil..." or "I still like the quirky S54 even though...."
I think if more people actually owned a rotary-engined car they'd realize how unexceptional they are.
An FD burns about as much oil as so many e46 M3s and it gets the same gas mileage; yet, every review or discussion about the BMW isn't riddled with "despite the poor gas mileage and burning oil..." or "I still like the quirky S54 even though...."
I think if more people actually owned a rotary-engined car they'd realize how unexceptional they are.
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mazdaspeedrex (07-24-20)
#3244
The bomb is in the toy!1!
iTrader: (4)
Thoughts on this one? Miles are low but it's more modified than others we've seen on BAT recently.
https://bringatrailer.com/listing/1993-mazda-rx-7-104/
https://bringatrailer.com/listing/1993-mazda-rx-7-104/
#3245
Rx7 Wagon
iTrader: (16)
Thoughts on this one? Miles are low but it's more modified than others we've seen on BAT recently.
https://bringatrailer.com/listing/1993-mazda-rx-7-104/
https://bringatrailer.com/listing/1993-mazda-rx-7-104/
#3246
Don't worry be happy...
iTrader: (1)
Well, it's low enough miles to be a collector, but the modifications would detract from that. Luckily the mods are mostly skin deep, or reasonable. I don't like to see tweeters in the door cards, but you could get new door cards and the other stuff too. Might be a chance to get a nice car on the cheap, if you want to put some effort in. Mid 30's maybe? Early bidding is strong. It's probably $2k in parts, some hunting, and a few weekends in the garage from being back to bone stock.
#3248
The bomb is in the toy!1!
iTrader: (4)
Yeah all things considered not a bad sale; but imagine if it had been stock.. BAT is a funny place. Maybe I'm wrong but I feel like if it was returned to stock and relisted it would go for 60+
For my money I think the best car for sale in the US right now is the '95 R2 recently listed in the classifieds section.
For my money I think the best car for sale in the US right now is the '95 R2 recently listed in the classifieds section.
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Narfle (08-03-20)
#3250
Don't worry be happy...
iTrader: (1)
Edit-
Nailed it!
Last edited by Montego; 08-03-20 at 07:06 PM.