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How to value your FD

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Old Mar 9, 2018 | 08:44 AM
  #801  
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Originally Posted by Fritz Flynn
Still very hard to get 25k for your avg FD. Even above avg FDs are hard to sell for 20k plus. Here's an example of a nice car that's likely close to or already sold: https://www.rx7club.com/3rd-generati...turbo-1123223/

The reason I started this thread is folks saw cars listed at 40k so they thought their beat up FD with 100k miles was worth 25k.

I'll repeat: still very difficult to sell your avg FD for 25k.
To be fair.. he's putting in little to no effort to describe the car/sell it/etc. Certainly looks like a nice one (not really stock, but who knows.how far off).

I suppose another question is, what is an "average" FD? Is it a 100k mile FD with a rebuilt motor? Is it an original motor car with 60k? Unmodified? Reliability mods?
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Old Mar 9, 2018 | 09:16 AM
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Originally Posted by colditz_II
To be fair.. he's putting in little to no effort to describe the car/sell it/etc. Certainly looks like a nice one (not really stock, but who knows.how far off).

I suppose another question is, what is an "average" FD? Is it a 100k mile FD with a rebuilt motor? Is it an original motor car with 60k? Unmodified? Reliability mods?
AVG FD..................over 125k miles sitting on jack stands until someone dumps 10k into it to actually get it running properly.........hehe

Seriously I'd say most valuable or well maintained FDs that you could list for sale with everything working etc..... usually have over 100k miles at this time and they are worth 20k max typically UNLESS they have 10k in mods, fresh engine etc...etc... then maybe 25k

Here's a good example: https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=476652386&zip=22901 &referrer=%2Fcars-for-sale%2Fsearchresults.xhtml%3Fzip%3D22901%26modifyS earchId%3Dnull%26startYear%3D1993%26sortBy%3Dderiv edpriceDESC%26incremental%3Dall%26firstRecord%3D0% 26endYear%3D1995%26modelCodeList%3DRX7%26makeCodeL ist%3DMAZDA%26searchRadius%3D0&startYear=1993&numR ecords=25&firstRecord=0&endYear=1995&modelCodeList =RX7&makeCodeList=MAZDA&searchRadius=0&makeCode1=M AZDA&modelCode1=RX7

NOTE...........hard to sell for 25k but probably the best deal currently on autotrader hehe

Perfect example of a car modded the wrong way: https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=463260926&zip=22901 &referrer=%2Fcars-for-sale%2Fsearchresults.xhtml%3Fzip%3D22901%26modifyS earchId%3Dnull%26startYear%3D1993%26sortBy%3Dderiv edpriceDESC%26incremental%3Dall%26firstRecord%3D0% 26endYear%3D1995%26modelCodeList%3DRX7%26makeCodeL ist%3DMAZDA%26searchRadius%3D0&startYear=1993&numR ecords=25&firstRecord=0&endYear=1995&modelCodeList =RX7&makeCodeList=MAZDA&searchRadius=0&makeCode1=M AZDA&modelCode1=RX7

AVG FD: https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=479400739&zip=22901 &referrer=%2Fcars-for-sale%2Fsearchresults.xhtml%3Fzip%3D22901%26modifyS earchId%3Dnull%26startYear%3D1993%26sortBy%3Dderiv edpriceDESC%26incremental%3Dall%26firstRecord%3D0% 26endYear%3D1995%26modelCodeList%3DRX7%26makeCodeL ist%3DMAZDA%26searchRadius%3D0&startYear=1993&numR ecords=25&firstRecord=0&endYear=1995&modelCodeList =RX7&makeCodeList=MAZDA&searchRadius=0&makeCode1=M AZDA&modelCode1=RX7

Hard to sell for 22k

Another typical FD: https://www.rx7club.com/3rd-generati...n-dvd-1122009/

I can go all day with the FACT that it's difficult to sell your FD for 25k. Yet someone will point out that a low mileage FD just sold for X amount therefore it's not hard to sell FDs for 25k........whatevs

Last edited by Fritz Flynn; Mar 9, 2018 at 09:21 AM.
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Old Mar 9, 2018 | 10:33 AM
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BC Spring Fever Round the Corner?

Lets see what this spring brings. Certainly kernels of actively springing forth here in Vancouver, with folk emerging into the light after their winter builds. 1997 RHD RS listed for C$26,000 and a 1992 RHD roller listed for C$9000. Wishful thinking. Likely.
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Old Mar 9, 2018 | 10:36 AM
  #804  
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I agree with your descriptions of all those examples.

The ONLY FDs that will be selling for those prices are the ones that are either 100% stock, or "stock" with reliability mods with relatively low miles & good compression numbers, or good cosmetic shape with a recently rebuilt motor.

While there is definitely a market for well-modified examples, it's probably not the general public and prices will vary quite a bit there.
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Old Mar 9, 2018 | 12:13 PM
  #805  
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Originally Posted by colditz_II
I agree with your descriptions of all those examples.

The ONLY FDs that will be selling for those prices are the ones that are either 100% stock, or "stock" with reliability mods with relatively low miles & good compression numbers, or good cosmetic shape with a recently rebuilt motor.

While there is definitely a market for well-modified examples, it's probably not the general public and prices will vary quite a bit there.
YEP

Meanwhile the general public sees them listed for 4xxxx, sell for 3xxxx and then list their's for 3xxxxx then 2xxxxx then 1xxxxx and wonder why the eff it's not selling LOL. Cause it's not a low mileage nice example or IOW it's hard to sell the avg FD for 25k hehe
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Old Mar 9, 2018 | 12:22 PM
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^^ What's IOW?
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Old Mar 9, 2018 | 12:36 PM
  #807  
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Originally Posted by Montego
^^ What's IOW?
In other words....
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Old Mar 9, 2018 | 12:57 PM
  #808  
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thanks I'm stuck on slow gear today
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Old Mar 9, 2018 | 01:31 PM
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Originally Posted by Fritz Flynn
YEP

Meanwhile the general public sees them listed for 4xxxx, sell for 3xxxx and then list their's for 3xxxxx then 2xxxxx then 1xxxxx and wonder why the eff it's not selling LOL. Cause it's not a low mileage nice example or IOW it's hard to sell the avg FD for 25k hehe
It is also hard to get the general public (no working knowledge of the FD) to understand what has value and what does not.

For example, all bushing replaced, recent quality rebuild, runs great with no issues, almost perfect interior..etc

When all they see is a cosmetic imperfection, a leaking oil pan ...etc

They would rather buy a shiny car that runs like crap or a cheap car that they don't realize they will have to put $10k or more into.
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Old Mar 9, 2018 | 01:40 PM
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Originally Posted by Fritz Flynn
Still very hard to get 25k for your avg FD. Even above avg FDs are hard to sell for 20k plus. Here's an example of a nice car that's likely close to or already sold: https://www.rx7club.com/3rd-generati...turbo-1123223/

The reason I started this thread is folks saw cars listed at 40k so they thought their beat up FD with 100k miles was worth 25k.

I'll repeat: still very difficult to sell your avg FD for 25k.
You can keep saying it but they arent listening. Asking prices have inflated, the selling prices haven't moved much unless its CW, CYM, R2 or extremely low mileage. The average FD is still a $15-20k car. Fritz is shooting you guys straight. A lot of pie in the sky dreamers with recent asking prices.
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Old Mar 9, 2018 | 01:44 PM
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Originally Posted by scruggyj
It is also hard to get the general public (no working knowledge of the FD) to understand what has value and what does not.

For example, all bushing replaced, recent quality rebuild, runs great with no issues, almost perfect interior..etc

When all they see is a cosmetic imperfection, a leaking oil pan ...etc

They would rather buy a shiny car that runs like crap or a cheap car that they don't realize they will have to put $10k or more into.
Mileage, Paint, Engine, High Dollar Mods, Interior. Thats what matters. The general maintenance of bushings, brakes etc are all still very cheap and easy to take care of.
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Old Mar 15, 2018 | 09:58 AM
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Originally Posted by djseven
Mileage, Paint, Engine, High Dollar Mods, Interior. Thats what matters. The general maintenance of bushings, brakes etc are all still very cheap and easy to take care of.
I would disagree on the "high dollar mods" comment. As these transition to collector cars, and they eventually will, the high dollar mods will devalue the cars. Reliability upgrades will likely be a bonus for a driver quality car, but the true top dollar examples will be original all the way down to the cracked AST. Don't believe me? Go look at the muscle car craze which is starting to wind down. Top flight cars are numbers matching and restored original all the way down to the correct overspray in the fenderwells and paper tags on the rear axle. Car collectors are 45+ year old men with a beer belly and disposable income, they don't want a huge FMIC with a single turbo conversion and a 3" exhaust, no matter how much it costs. When those are the guys buying FDs, that is when we will really see the prices increase. Soon, but not yet.
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Old Mar 15, 2018 | 11:44 AM
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BC Rolling in, before rolling on.

Beer bellies are a contra-indicator to future collector purchases.
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Old Mar 15, 2018 | 02:29 PM
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Originally Posted by onewhippedpuppy
I would disagree on the "high dollar mods" comment. As these transition to collector cars, and they eventually will, the high dollar mods will devalue the cars. Reliability upgrades will likely be a bonus for a driver quality car, but the true top dollar examples will be original all the way down to the cracked AST. Don't believe me? Go look at the muscle car craze which is starting to wind down. Top flight cars are numbers matching and restored original all the way down to the correct overspray in the fenderwells and paper tags on the rear axle. Car collectors are 45+ year old men with a beer belly and disposable income, they don't want a huge FMIC with a single turbo conversion and a 3" exhaust, no matter how much it costs. When those are the guys buying FDs, that is when we will really see the prices increase. Soon, but not yet.
In the muscle car market the ones that fetch the most dollars are those special models with all original parperwork. Models like the yenko .
Tier 1 $330K
https://www.hagerty.com/apps/valuati...t-Camaro-Yenko

look at the SS. Price drops considerably
Tier 1 $86K
https://www.hagerty.com/apps/valuati...o-SS?id=127698
VS modified SS $154K
https://www.barrett-jackson.com/Even...R-COUPE-137597

the base
Tier 1 $51K
https://www.hagerty.com/apps/valuati...Camaro?id=2579
VS modified base camaro (not SS) $75K:
https://www.hemmings.com/classifieds...o/2065216.html


Now there is a BIG DIFFERENCE in the yenko model and that is where originality counts (200 produced 427cid/425hp). Here in the RX-7 world we have 4 models (touring, PEP, Base and R1/2) none that much different other than a sunroof really. Grab a base model and slap an R1 lip, spoiler, strut bar and oil coolers and you can tell everyone that you have an R1/2 model. No one will tell the difference not even by glancing at the VIN number. Nope the only way to tell would be to write it down, contact mazda and have them trace it back via the serial number. Now IMO the only special model where I agree with your criteria is the CYM as it was only the 93 R1 that had that option.

Car collectors are 45+ year old men with a beer belly and disposable income, they don't want a huge FMIC with a single turbo conversion and a 3" exhaust, no matter how much it costs.
I take it you never bothered to notice who owns hot rods.

Last edited by Montego; Mar 15, 2018 at 02:39 PM.
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Old Mar 15, 2018 | 03:10 PM
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Your comparisons aren't entirely really valid. For starters, you are comparing Hagerty data (predictive) with actual auction data. Anyone who has been to an auction knows that you can get one-off market prices based on two guys with big wallets and a stomach full of booze who both fall in love with the same car. Also, the reality is that that $150k pro-street Camaro probably cost $300k to build, as it's a full custom job. Not exactly a great investment. Second, a full pro-street/restomod 1969 Camaro is a far different animal than an FD RX7 with a bodykit and a big turbo. A pro-street/restomod Camaro is more like an FD with a full carbon fiber body, and built suspension and brakes, running an R26B from a 787B. Full on unique custom car with no expense spared.

Just take a look at the FDs that have sold for decent money on BaT. Stock or close to stock with reliability mods, clean, and low miles bring a premium.

As for hot rods and muscle cars, they are mostly owned by older men (yes with beer bellies) who stand around parking lots listening to do-wop music. These are the men that drove muscle cars into six figures, and now they are slowly aging out of the hobby. It's why you can see the prices for muscle cars starting to plateau or even decline. These guys grew up dreaming of a 1969 SS 454 Chevelle, now they are living their dream. But dreams are generational, and as a child of the 1980s I didn't grow up dreaming of muscle cars. That's why cars of the 80s/90s are starting to creep upwards, and IMHO will continue to do so. We can reconvene here in 10 years and see who is right.
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Old Mar 15, 2018 | 03:45 PM
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I would not have considered buying my FD if it was "modified", even though it was my ideal color/trim. The very few and minor mods which had been done (downpipe, cat-back, metal AST, radio) were my upper limit of acceptable, but I would have preferred and ultimately paid more for it had it been 100% OEM. Single turbo, suspension, big brakes, body kit, etc., would have made it a no-go, regardless of components and quality of work.
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Old Mar 15, 2018 | 04:31 PM
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Originally Posted by onewhippedpuppy
Your comparisons aren't entirely really valid.
Sure they are. You just don't like it because it contradicts what you said. No matter how you try to diminish it.

Originally Posted by onewhippedpuppy
Not exactly a great investment
There are much better ways to invest 30K so anyone who buys a car for investment purposes is an idiot. A bigger idiot if they modified it for the purposes of making money.

Edit- BTW Adam's car fetched a pretty penny and it wasn't stock, which goes right along the lines of what DJ was saying:
As his mods were: Cheap Bastard Intake / Mild port / 99 J-spec turbos / M2 DP / RB dual CB / Efini y-pipe / Blitz SMIC / PFC / 1300's / Supra pump / ACT clutch / SR 9.5 flywheel / Fluidyne / Eibachs

Last edited by Montego; Mar 15, 2018 at 04:53 PM.
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Old Mar 15, 2018 | 05:52 PM
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Originally Posted by 94 R2
I would not have considered buying my FD if it was "modified", even though it was my ideal color/trim. The very few and minor mods which had been done (downpipe, cat-back, metal AST, radio) were my upper limit of acceptable, but I would have preferred and ultimately paid more for it had it been 100% OEM. Single turbo, suspension, big brakes, body kit, etc., would have made it a no-go, regardless of components and quality of work.
100% agree with this sentiment. I had the same thought when I purchased mine. The only thing I think I would add to the acceptable list is that the suspension be refreshed/OEM or very high quality (Ohlins, AST, Moton, etc) suspension be installed.

Single turbo/parallel conversion is an instant dealbreaker as is any sort of body modification outside of OEM.
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Old Mar 15, 2018 | 07:36 PM
  #819  
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Originally Posted by colditz_II
100% agree with this sentiment. I had the same thought when I purchased mine. The only thing I think I would add to the acceptable list is that the suspension be refreshed/OEM or very high quality (Ohlins, AST, Moton, etc) suspension be installed.

Single turbo/parallel conversion is an instant dealbreaker as is any sort of body modification outside of OEM.
It’s difficult to know if this sentiment is the exception, or the rule. I bought my car with a ton of mods already done because I knew I wanted to mod the car myself and buying it already done saved me a bunch of money.

Having said that, I would do it differently if I could do it over because I know FD’s so much better and know which mods are the highest of quality. The car I bought needed some re-working in several areas, which I’ve addressed and am now pleased with.

I’ve never totaled everything, but I wouldn’t be surprised if I’ve invested $5,000 after purchase. Maybe a little less. For that, I’ve got a genuine Garrett single turbo, coilovers, full supporting mods of quality and quality workmanship.

Point being, even though I had to re-tool it, I’ve still saved thousands compared to buying a stock or nearly stock car and starting from scratch. Like I said, it’s dependent on your end goals. If you want a totally stock investor car, you’ll pay a premium for that. If you’re like me and always wanted a modified FD, then you’ll pay a premium for that.

Nick
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Old Mar 15, 2018 | 07:50 PM
  #820  
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Originally Posted by Brilliant7-LFC

It’s difficult to know if this sentiment is the exception, or the rule. I bought my car with a ton of mods already done because I knew I wanted to mod the car myself and buying it already done saved me a bunch of money.

Having said that, I would do it differently if I could do it over because I know FD’s so much better and know which mods are the highest of quality. The car I bought needed some re-working in several areas, which I’ve addressed and am now pleased with.

I’ve never totaled everything, but I wouldn’t be surprised if I’ve invested $5,000 after purchase. Maybe a little less. For that, I’ve got a genuine Garrett single turbo, coilovers, full supporting mods of quality and quality workmanship.

Point being, even though I had to re-tool it, I’ve still saved thousands compared to buying a stock or nearly stock car and starting from scratch. Like I said, it’s dependent on your end goals. If you want a totally stock investor car, you’ll pay a premium for that. If you’re like me and always wanted a modified FD, then you’ll pay a premium for that.

Nick
For non-rx7 lifers, it's unreasonable and intimidating to make distinctions about quality of work and parts and value. What's the old adage? "Stock stuff just works." Or, something like that.

We continue to see an interesting dichotomy between new rx7 owners and old rx7 owners.
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Old Mar 15, 2018 | 08:45 PM
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Originally Posted by Narfle
For non-rx7 lifers, it's unreasonable and intimidating to make distinctions about quality of work and parts and value. What's the old adage? "Stock stuff just works." Or, something like that.

We continue to see an interesting dichotomy between new rx7 owners and old rx7 owners.
Excellent point.

Nick
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Old Mar 15, 2018 | 08:52 PM
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I mod my cars with no expense spared. I either buy the best available for any given part or I leave that part stock. Call it brand whoring, but I believe that brands have their reputation for a reason. I also believe that all modifications come with unintended consequences in the long run. All of them, regardless of how significant. From an exhaust tip melting/damaging the rear bumper, having to cut/drill/modify unrelated components to fit the new parts, breaking an interior trim piece which required removal, etc., etc. I'm confident most here have enough experience to agree, even slightly.
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Old Mar 15, 2018 | 09:20 PM
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this...

Originally Posted by Montego
There are much better ways to invest 30K so anyone who buys a car for investment purposes is an idiot. A bigger idiot if they modified it for the purposes of making money.....


it would make somewhat sense if they enjoyed the car during ownership but we all know they wont cause they are stuck on mileage count....
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Old Mar 15, 2018 | 11:46 PM
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Originally Posted by 94 R2
........... I also believe that all modifications come with unintended consequences in the long run. All of them,.......
That's just plain wrong. While it is true that some mods are not well thought out, there are many out there that are nice improvements with no downside. For example:

A good quality aluminum or stainless steel AST to replace the stock plastic one.

A JDM armrest with a storage box underneath.

A RB Dual tip catback

A well made front strut tower bar

There are plenty of others, depending on your perspective.
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Old Mar 16, 2018 | 04:09 PM
  #825  
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Bone stock is nice for collectors or owners in cool climates, but for those of us in parts of the US that often see temps over 100F, things like aluminum rads & ASTs + vmount ICs and vented hoods are just common sense reliability upgrades. I feel the quality of components and attention to detail when installing are key factors in maintaining ‘value’ with aftermarket components. However, I always hang onto my “stock” components in case the day ever comes that I change my mind.
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