That new listing really seems to be off to a roaring start (now $60,500).

I was surprised this one didn't do better (93 Touring / 45k miles): https://bringatrailer.com/listing/1993-mazda-rx-7-229/

 

Tripped up by compression test discussion. The most recent one does not have a compression test. We will see where that goes.

But otherwise hits most of the survey hot buttons.

https://www.rx7club.com/3rd-generati...tions-1160648/

 

Super clean! The last low mileage black on tan 93 sold for 105k (current BAT price top) and this car seems to be better cared for. Who thinks we will see a new BAT price top despite this crazy debt burdened world economy? It will be fun to watch.

I'm going to really stick my neck out and say 110k because this is the ideal collector car (orginal owner in CA and lived in a garage). If the economy was still booming, I'd say 120k plus.

 

Adjusted for inflation US$105,000 is now US$111,000.

 

YEP!

Fun financial bet. Will this car be worth more in 10 years or the GDX gold fund?

I'm going to say gold because I'm super worried about the car market as more and more people switch to electric. However, that may be a good thing for ICE collector cars and it's this type of thing that makes investing so frikken hard.

 

Well, the great depression taught my parents to have a least a years worth of food stored in the basement. That is a place to start. Worked well for them.

We can't rely on Costco to be there forever!

 

"welcome to costco. i love you." -Idiocracy, 2006 documentary

 

I've got lots of deer in my neighborhood and plenty of ammo.....

 

Good to have a plan. I was thinking more along the lines of 20lb sacks of red lintel beans.

 

I'm betting on bailouts, inflation and owning FDs not food

 

Back to the market. Has the flow of FD to market actually increased compared to recent times?

I have not counted the dots on the BAT chart but eyeballing it seems to show an increase.

Or is BAT just making the market more transparent?

The rough median prices seem to be resisting any "downturn" but the prices seem to be plateauing at the $40-50,000 (pinch-me-I- am dreaming) level.

 

Interesting enough prices have been the same for a while down here in FL. But I do see an influx in inventory with FD project cars the last 6 months. The US economy is taking a toll on some Americans.

 

I think the recent value increase has caused those that aren't extremely attached to capitalize causing an influx of sales.

 

Cars of dubious condition seem to be coming out of the weeds (or Koi ponds) in Japan as well.

Given Japan's very onerous inspection rules, that so many FD still exist is surprising.

So many of the cars are so modified, they would not pass our local inspection rules.

It is a testament to the cars desirability (imo) that so many have been kept squirrelled away in a country where storage space is such a premium.

Each week there seems to one or two cars coming up for full part out as evidenced by listings on YAJ.

The survival rate in North America also seems to be very high.

What is the guess on surviving USDM FD, compared to initial availability (say 5000/13,500 = 37%?)?.

Demand is obviously pulling in supply.

How long can this continue?

 

Ding ding we have a new record.

1993 touring @ $137,000

 

Double post

 

Removed Double post from bat auction

 

That was cool to watch.. I was expecting around 100k but not that high.

 

yea looks it was almost simultaneous.

 

Even Fritz was low?

 

New title for the thread: Why its hard to sell your car for more that US$137,000.

 

​​​​​Oh I wasn't talking about your post. I meant mine because for some reason my post was duplicated.

 

Server was overwhelmed.

 

We just passed the 6 year anniversary of this thread. I just reread Fritz's original post. Fun to remember how things were not so long ago. My how they've changed.

 

That BAT auction was was a thriller, glad to see these cars being appreciated with the other JDM legends.