How to value your FD
The following 2 users liked this post by Redbul:
Fritz Flynn (07-06-21),
RX7gp (07-05-21)
07-05-21, 06:24 PM
#3902
I for one am shocked a R1 brought a premium even with a list of issues and concerns…..wait a minute. No I’m not.
This low mileage car should run high into the 70s but who knows these days. I recently sold my business and the market for every sports/luxury car and any boat is comical to say the least. Wild times for sure.
This low mileage car should run high into the 70s but who knows these days. I recently sold my business and the market for every sports/luxury car and any boat is comical to say the least. Wild times for sure.
The following users liked this post:
Fritz Flynn (07-06-21)
07-05-21, 06:41 PM
#3905
Come now. That’s a little harsh.
LHD FDs will never approach limited S8s in price. They made too many of them!
07-05-21, 06:42 PM
#3906
I for one am shocked a R1 brought a premium even with a list of issues and concerns…..wait a minute. No I’m not.
This low mileage car should run high into the 70s but who knows these days. I recently sold my business and the market for every sports/luxury car and any boat is comical to say the least. Wild times for sure.
This low mileage car should run high into the 70s but who knows these days. I recently sold my business and the market for every sports/luxury car and any boat is comical to say the least. Wild times for sure.
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djseven (07-05-21)
07-05-21, 06:59 PM
#3907
yep, stock market, housing market and car market; combined with massive debt levels we must be close to the cliff edge……..
I also find it interesting that gold is still at a high price, wondering what it will do when the house of cards collapses?
Whatever is coming, it won’t be pretty.
I sold my house and all my toys. Waiting on the sideline to see what happens!
Last edited by FEED AFFLUX v5; 07-05-21 at 07:53 PM.
07-06-21, 07:14 AM
#3908
Senior Member
Shocking. The interior and paint and body of my FD is much nicer, no mileage discrepancy, and even though there is an accident on my carfax from 15 years ago, it was professionally restored top to bottom a couple years ago. That black car wouldn't hold a candle to mine. Can't believe the value has hit $50k on a driver quality car. Gets you thinking, sure would be nice to pay off the house early...
07-06-21, 09:46 AM
#3909
All out Track Freak!
Thread Starter
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One of he interesting aspects to me with BaT is that I assume most buyers are doing so sight-unseen. Once you start dropping $50K on a car, especially an FD, how do you do so without seeing/driving the car beforehand? Anyone with even a little knowledge of the car knows there a a lot of things that could need addressing that you're never going to uncover in pictures or via a driving video. For instance, knocking pillow ***** or other suspension issues that are common even on relatively low mileage cars. Not to mention paint - how would you possibly evaluate paint condition on that black FD from those pictures? I can see plenty of swirls in the photos of the paint metering, so at a minimum the car needs a good paint correction. If you're spending 20 grand or so it's one thing, maybe you take some risk. But at $50K plus I'd have to lay eyes/hands on it.
The following 4 users liked this post by Fritz Flynn:
07-06-21, 10:07 AM
#3910
I don’t think BaT is truly representative of the market as a whole. Yes these cars are selling, but I feel as though the site attracts a certain, more affluent buyer that is willing take spend 40+K on a purchase without seeing it in person.
I think there is a BaT “halo” factor that seems to be affecting these prices.
I don’t think this car would have received offers of anywhere near $50k on an RX-7 Facebook group, but maybe I’m just completely out of touch.
I am talking about serious buyers, not tire-kickers.
I think there is a BaT “halo” factor that seems to be affecting these prices.
I don’t think this car would have received offers of anywhere near $50k on an RX-7 Facebook group, but maybe I’m just completely out of touch.
I am talking about serious buyers, not tire-kickers.
07-06-21, 11:32 AM
#3911
Where do you go to get enough prices to determine fair market value.?
There seems to be enough trades on BAT over time to identify trends. The other source is the Japan auction markets with many (6~10) trades a week; And, perhaps, the Australian classifieds.
These markets are having a growing correlation, determined by local demand factors and regulatory, tax, transport and other factors.
The reasons, perhaps, there has not been a flood of cheaper RHD into the US, despite a majority of the original build now import legal, may be that the Australian and Canadian markets have long ago stripped out much of the low hanging fruit. This may be increasingly relevant as we move into us-eligible S7 and S8.
This competition for RHD supply will likely keep support for FD prices in NA.
There has not been a significant build up of S8 in Canada, as we might have expected, so the pool here would be small as a source for the US.
Meanwhile the Australians continue to be willing to pull in S8 above what (most) Canadians will pay.
These factors serve to support RHD prices in the US, as there may be a premium for scarcity or uniqueness.
The C$72,000 sale of the Feed Afflux RHD, this week, may be an early indication of this.
This may be a record for an RHD in Canada.
There seems to be enough trades on BAT over time to identify trends. The other source is the Japan auction markets with many (6~10) trades a week; And, perhaps, the Australian classifieds.
These markets are having a growing correlation, determined by local demand factors and regulatory, tax, transport and other factors.
The reasons, perhaps, there has not been a flood of cheaper RHD into the US, despite a majority of the original build now import legal, may be that the Australian and Canadian markets have long ago stripped out much of the low hanging fruit. This may be increasingly relevant as we move into us-eligible S7 and S8.
This competition for RHD supply will likely keep support for FD prices in NA.
There has not been a significant build up of S8 in Canada, as we might have expected, so the pool here would be small as a source for the US.
Meanwhile the Australians continue to be willing to pull in S8 above what (most) Canadians will pay.
These factors serve to support RHD prices in the US, as there may be a premium for scarcity or uniqueness.
The C$72,000 sale of the Feed Afflux RHD, this week, may be an early indication of this.
This may be a record for an RHD in Canada.
Last edited by Redbul; 07-06-21 at 11:36 AM.
Sorry man, I just have to laugh. But cheers 
all love from over here
The following users liked this post:
djseven (07-06-21)
07-06-21, 01:49 PM
#3913
There appears to be a serious supply issue for FDs at the moment in the US. A national search for FDs on CarGurus/Autotrader/eBay/Craigslist etc. will find only a handful of cars for sale (many with loopy asking prices that make BAT look cheap). A look at the classifieds on this site will reveal lots of WTBs and almost no FDs for sale.
That said, I do think that black R1 was seriously overpriced. And I say that as someone with a black R1 with similar (real) miles and no stories.
07-06-21, 01:56 PM
#3914
Agree - I can't imagine that there are people who are willing to pay, say, $50k for an FD on BAT when they can find it for $30k on Facebook. If that price discrepancy did exist, those Facebook FDs would be quickly bought and then resold on BAT - leading to a fairly rapid market correction.
There appears to be a serious supply issue for FDs at the moment in the US. A national search for FDs on CarGurus/Autotrader/eBay/Craigslist etc. will find only a handful of cars for sale (many with loopy asking prices that make BAT look cheap). A look at the classifieds on this site will reveal lots of WTBs and almost no FDs for sale.
That said, I do think that black R1 was seriously overpriced. And I say that as someone with a black R1 with similar (real) miles and no stories.
There appears to be a serious supply issue for FDs at the moment in the US. A national search for FDs on CarGurus/Autotrader/eBay/Craigslist etc. will find only a handful of cars for sale (many with loopy asking prices that make BAT look cheap). A look at the classifieds on this site will reveal lots of WTBs and almost no FDs for sale.
That said, I do think that black R1 was seriously overpriced. And I say that as someone with a black R1 with similar (real) miles and no stories.
I don’t think BaT brings a $20k premium, but maybe a $5-10k premium. Maybe they’re worth it—after all, you will be hard pressed to find a more detailed FS ad anywhere else. That has to be worth something.
Last edited by bossbattleRX7; 07-06-21 at 01:58 PM.
The following users liked this post:
gmonsen (07-09-21)
07-06-21, 01:57 PM
#3915
Rotary Enthusiast
I wonder if some of the price increases are due to crypto owners cashing in for real items.
07-06-21, 02:00 PM
#3917
Rotary Enthusiast
Kind of like Martin Shkreli buying that Wu-Tang album for $2 million or the Wall Street Bets GameStop millionaires buying in.
Last edited by HiWire; 07-06-21 at 02:04 PM.
The following 2 users liked this post by Redbul:
bossbattleRX7 (07-07-21),
Neo (07-07-21)
07-07-21, 08:45 AM
#3920
I don't believe this is the case at all. The wealth in the country, on paper anyways, has skyrocketed in the last 3-4 years. The cost is up on everything. I believe inflation is part of it but I think demand is outpacing supply since covid on most items and that has also driven prices higher. I still believe we have another real estate crash coming as prices even in mid size cities across the US has spiked to insane levels but I've been anticipating a correction for years and we breezed through Covid last year like it was no big deal. Crazy times, I just need prices on 720s' to come back down to where they were 6-8 months ago but I have a feeling I'll give in and pay the inflated price soon.
07-07-21, 09:06 AM
#3921
Eats, Sleeps, Dreams Rotary
iTrader: (4)
I don't believe this is the case at all. The wealth in the country, on paper anyways, has skyrocketed in the last 3-4 years. The cost is up on everything. I believe inflation is part of it but I think demand is outpacing supply since covid on most items and that has also driven prices higher. I still believe we have another real estate crash coming as prices even in mid size cities across the US has spiked to insane levels but I've been anticipating a correction for years and we breezed through Covid last year like it was no big deal. Crazy times, I just need prices on 720s' to come back down to where they were 6-8 months ago but I have a feeling I'll give in and pay the inflated price soon.
I'm just happy to still have a job after this whole plague situation... quietly saving money for early retirement...
07-07-21, 10:35 AM
#3922
Who isn’t waiting for the 720s to come down in price? How have you been investing your money if you aren’t in a position to buy one?
Personally, I have $0.99 burning a hole in my pocket. I’m waiting for these ridiculous eBay Hot Wheels prices to come down.
Personally, I have $0.99 burning a hole in my pocket. I’m waiting for these ridiculous eBay Hot Wheels prices to come down.
07-07-21, 11:47 AM
#3923
07-07-21, 12:58 PM
#3924
Back to FD pricing. Whiles it's great to see that R1 go for $50k. I'm also saddened by a non turbo, automatic Supra likely to go for $50k as well. Shows just how much their values has exploded even more. I wish FDs could catch the wave supras, or even NSX's caught.
07-07-21, 01:15 PM
#3925
Was just picking up some mangos at a roadside stand in Puerto Rico and across the road they had a small exotic car dealership (some lambos, mclaren, Porsche). And I saw the nose of a CYM FD sticking out. So I went to the website to look it up.
Asking $80k and the ad states that if it doesn't sell it's being shipped stateside for auction (e.g. Barrett Jackson). Looks like it's better than brand new.
https://www.clasificadosonline.com/m...11231220&Sec=4
Asking $80k and the ad states that if it doesn't sell it's being shipped stateside for auction (e.g. Barrett Jackson). Looks like it's better than brand new.
https://www.clasificadosonline.com/m...11231220&Sec=4