3rd Gen General Discussion The place for non-technical discussion about 3rd Gen RX-7s or if there's no better place for your topic

How to value your FD

Thread Tools
 
Search this Thread
 
Old Jun 22, 2018 | 07:03 PM
  #1026  
gmonsen's Avatar
The Ancient
Tenured Member 20 Years
 
Joined: Mar 2001
Posts: 2,629
Likes: 244
From: Pennsylvania
Originally Posted by Narfle
I've had a similar experience. In hindsight, I don't think anyone should be comfortable "just driving" an original rx7 at this point. If it's not freshly recommissioned, pretty much every US-spec 3rd gen needs at least a thorough new owner maintenance. If you don't have the time, space, or inclination it can easily run a couple grand. And, that's without upgrading anything.
I think for guys buying these extremely nice, stock, low mile cars, they can certainly afford to have them freshened up. On the BAT comments a number of people advised the buyer to change out the hoses all round, check compression, new fluids, etc.
Reply
Old Jun 23, 2018 | 01:49 AM
  #1027  
mkiv98's Avatar
93 R1, 94 Supra TT, 06 XR
Tenured Member: 20 Years
Liked
iTrader: (5)
 
Joined: May 2004
Posts: 519
Likes: 28
From: San Pedro, California
Originally Posted by gmonsen
I don't know, Frtiz, that its all about collectors. It may be. But I keep looking at the prices on new cars and what you get for your money and think that is one reason people may be buying these and other 90's cars for pretty big dollars. A new BMW 340 base price is $45,000 and kitted out can reach $60,000+ and yet the driving experience sucks. Electronic steering has no feel. That sort of thing. Plus for your $55,000 or so you have a car just like the other 100,000 of them. Whoop-di-do. A low mile FD is like a newer car, costs the same, handles better, feels better, is far better looking, and offers far more grins per mile. Plus, you can tell yourself you bought a collectible car. So, I think there may be more than one category of buyer for these?
your average car enthusiast let alone public buyer will not be able to own an FD and experience all that for very long. it is such a sacrifice to own these, especially since it takes so many hours of research and experience just to happily be able to drive a well sorted one. I would imagine 99% of people would rather drive that new bmw trouble free for a while until the warranty runs out, than to get into an FD.

that low mileage one guaranteed needs a lot of things freshened up, hopefully whoever bought it knows what they are doing.
Reply
Old Jun 23, 2018 | 08:46 AM
  #1028  
TomU's Avatar
It Just Feels Right
Tenured Member 05 Years
iTrader: (11)
 
Joined: Feb 2014
Posts: 2,238
Likes: 349
From: Arlington, VA
Originally Posted by gmonsen
I made a mistake by not building a bigger garage...
If you had any bigger of a garage, it would be called a warehouse
Reply
Old Jun 23, 2018 | 08:53 AM
  #1029  
Fritz Flynn's Avatar
Thread Starter
All out Track Freak!
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (263)
 
Joined: Jul 2001
Posts: 10,672
Likes: 413
From: Charlottesville VA 22901
Originally Posted by gmonsen
Btw, there's a 95 VR R2 coming up next week I think on BAT with 9550 miles and it looks clean. We'll see how it does. I think we're seeing a fair number of cars now in the mid-to-high-30's?
Now that's a car I may bid on

Originally Posted by Narfle
Lol. That one sure wasn't.





Any r2 with a real pedigree is going to make a run at $40k this summer, I think.
YEP

Originally Posted by gmonsen
I think an R2 in the same condition would fetch over $45,000 this summer.
I didn't think this touring was that great? Hopefully the low mileage R2 will be in much better condition.

Originally Posted by renesisss
On this one, we will know. The seller is a dealer. He isn't going to just hold on to it in his secret warehouse for another 2 years. He will claim the sale fell through and relist it. So if we don't see it for sale in the next 2-3 months, it was certainly a legit sale.

The real question in my mind, what was the reserve?!? $38k and it was already met? $40-$41k and BAT ate the difference?

Assuming this is a legit sale, is this one a new record? $42k after fees.
I think the reserve was 40. The highest sale price low mileage typical/stockish FD I know of was the SSM R2 with 30k miles that sold for 42,500. That's about where this car finished. If Gordon is right and there's a VR R2 with 9k miles coming soon to BAT I expect the new record to be 45k plus.

Originally Posted by adam c
As best I can remember, a guy bought a silver R2 for $45K (I think) from a seller on this forum. That was a few months ago. As far as I know, that's the record.
$42,500

Originally Posted by renesisss
Well I guess it's worth noting that the BaT buyer says he is going to drive the car "as much as possible". Doesn't sound like a collector.

OTOH with many drivers to choose from, why on earth would someone pay premium dollars for a low mileage collectible car, and drive it "as much as possible". Makes no sense.
If you can you must. You know what they say about a fool and his money . Anyone paying 42k (plus the possibility of another 5k for shipping taxes etc...) for a 25 year old sports car that originally cost 34k has some money to burn. Of course I think the FD is absolutely one of the best choices for lighting up dollar bills

Originally Posted by arghx
Maybe he just wants to drive one and not deal with previous owner BS. Get a service done and drive. Even my clean '95 from BaT with 49k miles needed a lot of work (vac job, cooling system replaced, pillow *****, toe links, brakes, rusted stock catback replaced)
Yep and it sure makes your car seem reasonable/good deal LOL

Originally Posted by colditz_II
The same reason why you don't leave your girlfriend fresh for the next guy :p

Plenty of people out there with money who want to have the "new" car experience and don't care about resale value. The idea of losing 10-15-20k isn't really worth thinking about for a lot of people. Another way to look at it is the 340 example above, buy that and drive it for 3 years and you'll be lucky to get half of that $60k back.
YEP..........cars are not investments. It's about the passion for the automobile and I think we can all agree it runs DEEP!!!!! The FD is truly a GREAT CAR!!!!!! This is why we'll see values at 50k and higher in a few years and values will eventually surpass the SUPRA!!!!!!........I can't let that one go

Originally Posted by Narfle
I've had a similar experience. In hindsight, I don't think anyone should be comfortable "just driving" an original rx7 at this point. If it's not freshly recommissioned, pretty much every US-spec 3rd gen needs at least a thorough new owner maintenance. If you don't have the time, space, or inclination it can easily run a couple grand. And, that's without upgrading anything.

FD's are a poker game with a low buy in and a high limit.
Buy in is no longer LOW but one thing that has always been true is, the higher the buy in, the bigger the reward/winnings

Originally Posted by mkiv98
your average car enthusiast let alone public buyer will not be able to own an FD and experience all that for very long. it is such a sacrifice to own these, especially since it takes so many hours of research and experience just to happily be able to drive a well sorted one. I would imagine 99% of people would rather drive that new bmw trouble free for a while until the warranty runs out, than to get into an FD.

that low mileage one guaranteed needs a lot of things freshened up, hopefully whoever bought it knows what they are doing.
Part of the fun is tinkering. Think of cool classic cars as model cars for adults. The FD might be one of the greatest model cars ever created which is why values are and will continue to move higher. The FD is still one of if not THE best looking car I've ever seen. It's one of my favorite cars to drive. It's incredibly fun to mod because everything you bolt onto to it easily increases power (the rotary loves to breathe boost) easily and it's so light you feel every little thing you do etc...etc.... and boy oh boy does it stand apart from the others (rotary engine blah blah blah)

All of the above are reasons why this car will only expand upon it's LEGEND!

Last edited by Fritz Flynn; Jun 23, 2018 at 08:57 AM.
Reply
Old Jun 24, 2018 | 12:39 PM
  #1030  
arghx's Avatar
rotorhead
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (3)
 
Joined: Aug 2004
Posts: 16,205
Likes: 461
From: cold
Buy a new higher end car, lose thousands per year in depreciation. Buy an FD, spend thousands per year (if you normalize big ticket costs like new motor) to keep it running, but these days it won't depreciate.
Reply
Old Jun 30, 2018 | 10:10 AM
  #1031  
gmonsen's Avatar
The Ancient
Tenured Member 20 Years
 
Joined: Mar 2001
Posts: 2,629
Likes: 244
From: Pennsylvania
Here is another VR FD on BAT. Touring with 21,000 miles hit $26,000 on third bid on 1st day.

https://bringatrailer.com/listing/19...ign=2018-06-30
Reply
Old Jun 30, 2018 | 10:49 AM
  #1032  
Fritz Flynn's Avatar
Thread Starter
All out Track Freak!
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (263)
 
Joined: Jul 2001
Posts: 10,672
Likes: 413
From: Charlottesville VA 22901
Originally Posted by gmonsen
Here is another VR FD on BAT. Touring with 21,000 miles hit $26,000 on third bid on 1st day.

https://bringatrailer.com/listing/19...ign=2018-06-30
Yep another nice low mileage 93 VR touring

Will it go to 40k?
Reply
Old Jun 30, 2018 | 03:06 PM
  #1033  
gmonsen's Avatar
The Ancient
Tenured Member 20 Years
 
Joined: Mar 2001
Posts: 2,629
Likes: 244
From: Pennsylvania
Originally Posted by Fritz Flynn
Will it go to 40k?
I don't think so, but the market is very strong. It should make at least $32.5-35,000. It will take maybe the R1 I've heard about to break $40,000. Or a CW or CYM anything.
Reply
Old Jun 30, 2018 | 06:40 PM
  #1034  
gmonsen's Avatar
The Ancient
Tenured Member 20 Years
 
Joined: Mar 2001
Posts: 2,629
Likes: 244
From: Pennsylvania
I may be very wrong. It's at $30,000 on the first day... 6 to go. Maybe $40,000 after all. Maybe 40 is the new 30?
Reply
Old Jul 1, 2018 | 07:15 AM
  #1035  
Fritz Flynn's Avatar
Thread Starter
All out Track Freak!
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (263)
 
Joined: Jul 2001
Posts: 10,672
Likes: 413
From: Charlottesville VA 22901
Originally Posted by gmonsen
I may be very wrong. It's at $30,000 on the first day... 6 to go. Maybe $40,000 after all. Maybe 40 is the new 30?
LOL

Yep and then 50 will be the new 40. I won't be surprised if we see 50 within the year if the right car goes on the market.
Reply
Old Jul 4, 2018 | 11:46 AM
  #1036  
IMAGINETHAT's Avatar
Full Member
Tenured Member: 10 Years
Liked
Loved
Community Favorite
iTrader: (1)
 
Joined: Dec 2013
Posts: 221
Likes: 91
From: Palm Desert, CA
Originally Posted by gmonsen
Btw, there's a 95 VR R2 coming up next week I think on BAT with 9550 miles and it looks clean. We'll see how it does. I think we're seeing a fair number of cars now in the mid-to-high-30's?
I've been keeping an eye out and haven't seen it posted yet - any additional info on this ?
Reply
Old Jul 4, 2018 | 03:18 PM
  #1037  
gmonsen's Avatar
The Ancient
Tenured Member 20 Years
 
Joined: Mar 2001
Posts: 2,629
Likes: 244
From: Pennsylvania
Originally Posted by IMAGINETHAT
I've been keeping an eye out and haven't seen it posted yet - any additional info on this ?
I have been trying to get more info and haven't been able to. Sorry. Btw, I may be in line on something like this.
Reply
Old Jul 4, 2018 | 11:18 PM
  #1038  
Ricebox's Avatar
Full Member
iTrader: (3)
 
Joined: Nov 2016
Posts: 230
Likes: 26
From: FL
that will be an interesting one to watch if it goes for sale
Reply
Old Jul 6, 2018 | 08:28 PM
  #1039  
FEED AFFLUX v5's Avatar
JDM Junkie
iTrader: (5)
 
Joined: Jun 2017
Posts: 915
Likes: 200
From: Alberta, Canada
That 9k mile Red FD is online now....and already at 20 large:

https://bringatrailer.com/listing/1993-mazda-rx-7-32/
Reply
Old Jul 6, 2018 | 08:43 PM
  #1040  
books's Avatar
Rotary Freak
Tenured Member: 20 Years
iTrader: (8)
 
Joined: Mar 2002
Posts: 1,751
Likes: 46
From: St. Louis
Originally Posted by FEED AFFLUX v5
That 9k mile Red FD is online now....and already at 20 large:

https://bringatrailer.com/listing/1993-mazda-rx-7-32/

so forum member fastrx7man is selling
Reply
Old Jul 7, 2018 | 01:42 AM
  #1041  
Narfle's Avatar
Rx7 Wagon
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (16)
 
Joined: Nov 2002
Posts: 6,978
Likes: 888
From: California
Originally Posted by FEED AFFLUX v5
That 9k mile Red FD is online now....and already at 20 large:

https://bringatrailer.com/listing/1993-mazda-rx-7-32/
That's not the one we're waiting for
Reply
Old Jul 7, 2018 | 02:49 AM
  #1042  
94 R2's Avatar
Full Member
iTrader: (2)
 
Joined: Jan 2018
Posts: 116
Likes: 34
From: CA
Originally Posted by FEED AFFLUX v5
That 9k mile Red FD is online now....and already at 20 large:

https://bringatrailer.com/listing/1993-mazda-rx-7-32/
Wow! That is absolutely pristine.
Reply
Old Jul 7, 2018 | 08:58 AM
  #1043  
FEED AFFLUX v5's Avatar
JDM Junkie
iTrader: (5)
 
Joined: Jun 2017
Posts: 915
Likes: 200
From: Alberta, Canada
Originally Posted by Narfle
That's not the one we're waiting for
My bad, noted you are looking for a '95..........its been a good couple of weeks for FD's on BaT!
Reply
Old Jul 7, 2018 | 08:59 AM
  #1044  
djseven's Avatar
Eh
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (56)
 
Joined: Aug 2002
Posts: 6,553
Likes: 344
From: Nashville, TN
I'm guessing $33-35k with the rust under the front of the car and trim model. I believe the $40k car was a fluke until an R1/R2 car comes up with low mileage and surpasses it.
Reply
Old Jul 7, 2018 | 09:04 AM
  #1045  
FEED AFFLUX v5's Avatar
JDM Junkie
iTrader: (5)
 
Joined: Jun 2017
Posts: 915
Likes: 200
From: Alberta, Canada
Originally Posted by djseven
I'm guessing $33-35k with the rust under the front of the car and trim model. I believe the $40k car was a fluke until an R1/R2 car comes up with low mileage and surpasses it.
Someone just bid 35k......wonder where this will go......

Very interested to see what the 1995 people are taking about will fetch.

This seems be be a very good trend for us all
Reply
Old Jul 7, 2018 | 09:21 AM
  #1046  
Fritz Flynn's Avatar
Thread Starter
All out Track Freak!
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (263)
 
Joined: Jul 2001
Posts: 10,672
Likes: 413
From: Charlottesville VA 22901
Originally Posted by djseven
I'm guessing $33-35k with the rust under the front of the car and trim model. I believe the $40k car was a fluke until an R1/R2 car comes up with low mileage and surpasses it.
With 9k miles and VR/black it will likely go over 40k

The VR/tan was a good deal at 30,250. The tan interior really does hurt value.

The SSM with rebuilt engine and some mods was the best deal I've yet to see on BAT at 17250.

Great market for this car! In a few more years I can see good running high mileage FDs selling for 25k plus (cars similar to the sssm).
Reply
Old Jul 7, 2018 | 09:35 AM
  #1047  
djseven's Avatar
Eh
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (56)
 
Joined: Aug 2002
Posts: 6,553
Likes: 344
From: Nashville, TN
Let's hope it runs well into the 40s but I'm skeptical. The last Red/Tan car jumped to $30k with 5-6 days left then only went up $250.00 the last day. Interesting times and it makes me reevaluate my opinion of FD values. At under $20knits hard to argue with the fun factor and overall experience a FD brings. Over $30k it becomes hard to justify with the other options out there.
Reply
Old Jul 7, 2018 | 08:33 PM
  #1048  
gmonsen's Avatar
The Ancient
Tenured Member 20 Years
 
Joined: Mar 2001
Posts: 2,629
Likes: 244
From: Pennsylvania
Originally Posted by djseven
At under $20k its hard to argue with the fun factor and overall experience a FD brings. Over $30k it becomes hard to justify with the other options out there.
What do you mean when you say at over $30,000 it's hard to justify? You're not selling, right? You just mean you wouldn't buy one for, say, $35,000, when you could buy whatever else you like for that same price?

Fastrx7man's 9000 mile VR Touring on BAT hit $36,000 with 6 days to go.
Reply
Old Jul 7, 2018 | 09:55 PM
  #1049  
Narfle's Avatar
Rx7 Wagon
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (16)
 
Joined: Nov 2002
Posts: 6,978
Likes: 888
From: California
To be fair, if any of us have commoditized the FD in this thread it is probably DJ and Fritz. That might account for their market perspective
Reply
Old Jul 7, 2018 | 10:17 PM
  #1050  
gmonsen's Avatar
The Ancient
Tenured Member 20 Years
 
Joined: Mar 2001
Posts: 2,629
Likes: 244
From: Pennsylvania
Yeah. DJ and Fritz are the master used FD guys here. I just am not sure exactly what David means. At the $35-40,000 price point there are a lot of cars I like, but I would still have an FD for that kind of price, especially with low miles. If I had room, I'd certainly have a well-spec'd Cayman.
Reply



All times are GMT -5. The time now is 10:27 PM.