90's car market is not slowing down yet. $57k is par for the course on that white one.

Look at the supras and NSX, no slow down there either. Another deep jewel green just went for $126k, (desireable spec TT 6 speed from 97 but not low mileage at 94k). And a red one went for $122k. Of course this is way higher than an FD, but shows no sign of drop in demand when good ones come along. Even NA autos are holding up in the recent prices.

BAT is super low volume for our cars, it's a data point, nothing more. Can't say there is a decline just because an FDs reserve isn't met or one sells for $40k after some sole for $50k. Prices are holding until people start selling off due to losing jobs or other financial issues.

 

I did not say that I was basing my claim on FD prices alone. Would make little sense given the low volume. Pedestrian spec E46 M3s, for example, (which have a solid supply on BAT, with 5 live auctions currently) have taken a strong hit of late. But the really nice ones are still commanding a premium (e.g., this Competition Package one that sold a few days ago for $86k). Usual story: people with lots of money usually have it no matter what economic conditions are like.

 

Yeah. I wasn't referring to you, just in general there is pretty much only talk of BAT in this thread. It's the most accessible data but not a great proxy for the entire market. If a bunch of FDs started selling for $30k on it (e.g. more than 5 in a row), then I'd say 90's JDM cars are likely in decline.

 

I asked my friend the economist what the unemployment rate would be if all 11,000,000 vacancies were filled. Answer: - 2.9%. (minus 2.9%)

.........

If, say, each of the jobs paid $20,000 per annum of salary, the economy if offering $220,000,000,000 of wages more than what is currently being taken up.

(My math, not his.)

 

Typical, really nice ones/cream will be the last to fall just as the sh#t was the last to rise.

I'd take the 57,500 over the 64k so I definitely agree that things are cooling some in the car market which would make sense given the current world economy. I'll be super happy if the markets turn around (if the fed pivots it might just happen) or are even flat at the end of the year but I suspect they will be down at least 10 percent and possibly 30 or more.

One-Owner 1994 Mazda RX-7 Touring 5-Speed for sale on BaT Auctions - sold for $64,000 on December 16, 2021 (Lot #61,701) | Bring a Trailer

I run a small business and it's been a serious struggle since the pandemic and I suspect larger companies are feeling much greater pain from the high turn over, extremely competitive hiring struggle (wages are up a lot in many industries but still not keeping up with inflation), overworked staff/stress etc.....

On positive note it's a nice day here in C'ville VA :-D

 

https://bringatrailer.com/listing/1994-mazda-rx-7-71/
https://bringatrailer.com/listing/1994-mazda-rx-7-69/

Interesting info relating back to interior and exterior colors. These two cars sold one week apart, both were 94s PEP packages, the MB car had 67k miles and one owner while the CW car had 69k miles and two owners. The CW car with black interior brought a 40% premium over MB with tan. I haven't dug deep into the ads but on the surface its clear what Fritz and I have said in this thread for years. Exterior and interior colors matter a lot.

 

^Yep, I think color is such an emotional thing too, when you see a good picture and it's a color you like you're hooked. You get a few people excited about how the car looks and next thing you know it's a bidding war.

Dale

 

But then again, this black/tan '93 with 89K miles sold for $57K in late June
https://bringatrailer.com/listing/1993-mazda-rx-7-184/

And this unloved '94 MB/black with 88K miles sold for $50K in early June
https://bringatrailer.com/listing/1994-mazda-rx-7-72/

Each of these cars has a story, the CW being the best of the bunch from what I can tell, but I'll be damned if I can figure out BaT buyers!

 

I think BaT is too small of a sample size to draw conclusions about color. The bidding is largely based on who happens to be in the room at the time.

Funny enough, the highest FD ever sold on BaT is a Montego over tan, which, let's be honest, makes the car look like a '95 Toyota Camry (sorry Montego owners). And the mileage wasn't even that low at 24k.

 

We need a red/black '95 R2 to sell for plus $100 to properly frame the market.

 

I would say that only makes my case above about the market turning. It was the week of June 20th I saw it happen in my company. Now car prices are trending downward. I don’t care to argue that aspect but wanted to point out two very similar cars sold a week apart and the CW demand was as evident as ever. The tan isn’t as painful on the 94s with most of the interior remaining black.

 

The FD might correct a little but they’re entirely to valuable to buy clean examples of, sell the mods and then thrash at VIR.

I can remember that debate clear as day. You stated they would never go up in value or become classics.

The irony is you’re talking about there value and I’m back to tell I told you so.

 

This excerpt from a recent Hagerty article about the rise in the average price of a '66-'69 Alfa Romeo Spider Duetto applies to the FD:

Like Alfa Spiders, FDs were cheap for too long, and there aren't many excellent examples left as a result. The majority of the sales we see are for middling examples, which drives down the average price. Regardless though, in the long-term, all FDs are on the upward trend. Barring prolonged global economic collapse (or gas car bans/lack of gas availability), these cars will continue to appreciate on a curve that tracks with the ages of people who lusted after them when they were young, similar to the muscle cars of the 60s/70s.

All the 90s Japanese halo cars came at a special time in the history of the automobile, the pinnacle of the Japanese automotive industry, and they represent the last of the truly analog era. There is nothing else like them and there never will be again, and I think we will easily see FDs selling for $150k in the next decade.

 

I concur

WHAT?

I've stated countless times the FD is a classic. I must of missed my meds that day.

I agree this isn't the time to buy an FD and thrash at VIR. Those days are long gone. You are a very smart person

 

I suspect we will see a new record despite the economy because of the mileage. This should be fun to watch: https://bringatrailer.com/listing/1993-mazda-rx-7-179/

Black is the only color that sort of works with the flat nasty tan interior and I love that it's a base model.

 

What about black on red interior? Would that command a bit more money even if RHD?

 

I don't think any RHD will command more in the US (all things equal/mileage/condition) UNLESS it's a late model RZ, RS, spirit R, bathhurst R etc... etc.....

 

Sorry, to clarify, all other things being equal - would a car with red interior potentially bring a bit more over tan for example.

 

Like the tan, or even the black, it very much depends on the condition. JDM red seems to turn a kind of burgundy in old age.

For Version 4 brochures, Mazda emphasized Black over Red Leather, TouringX or Bathurst, as a desirable combination.

But these nuanced difference may not yet have a discernable affect on pricing until more people understand the differences between the types and their option configurations.

A black over red version one JDM manual type X would be a rare car.

Version 3, Type R-II, Bathurst, with bins, again would be quite unique.

Likewise the following Type R Bathurst X.

 

Funny you should say that. I have a ‘92 JDM manual type X black over red.

Thank you for the info.

 

 

Guy on Buyee/YAJ has been parting out an RHD red interior for crazy high prices. Not sure if he has had any takers. Suggestion: Keep you doors locked.

(Also, that steering wheel is puzzling me.)

 

Stored in a locked garage and it’s a garage alpha custom efini wheel.

 

Yep, potentially for sure because red is rare.

I'm thinking the value order would go something like this with the interior being in last place: mileage/condition, lhd/rhd, transmission, model/year, color, interior color.

 

Garage Alpha, (are you listening?) needs to update their pic on their site. The wheel looks way better than advertised..