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[QUOTE=94 R2;12312193]How do you feel about the 710 – 730 kPa compression, though? My car's readings were 750/750/770 and 790/770/750 and I thought that was on low but acceptable side.[/QUOTE
^ You beat me to it Fritz. 3mm seal engines will have lower compression than 2mm seals due to the thickness of the seal. As the owner of a 3mm seal engine, ask me how I know.
This 2002 Spirit-R went for $73,000 AUD + 5% buyer's fee, in New South Wales...
Which is $52,751.70 USD (+ buyers fee $2,637.58 USD) = Total in USD: $55,389.28 (*Not sure on vehicle mileage)
I read a decent amount of this thread, so I wanted to contribute as well. I hope this helps.
I was able to find what I think was a very fair deal for the condition of the car. There is a ton of body work that is needed, and a decent amount of missing interior parts. (The important ones) but all and all it was a fairly solid FD with decent goodies.
Specs:
1993 FD (Originally Red)
80k miles (Original trans, Motor possibly remand)
Clean title.
Runs and drives.
$5,200
Needs work of course. But with the way prices have been jumping, I decided it was the right time to buy. Plus, I wasn't really interested in a RHD FD at all.
Here is a Pic of the car on the way to the body shop two weeks after buying it.
Last edited by drewr4411; Nov 12, 2018 at 10:39 AM.
Both front and rear is very clear lol. That's the main reason I wanted to get it painted right away, was because the main glass pieces have been removed.
That's definitely worth $5200. I think rollers sans engine and comparable body requirements will be (if not already are depending on who you find) valued the same.
This 2002 Spirit-R went for $73,000 AUD + 5% buyer's fee, in New South Wales...
Which is $52,751.70 USD (+ buyers fee $2,637.58 USD) = Total in USD: $55,389.28 (*Not sure on vehicle mileage)
Originally Posted by drewr4411
I read a decent amount of this thread, so I wanted to contribute as well. I hope this helps.
I was able to find what I think was a very fair deal for the condition of the car. There is a ton of body work that is needed, and a decent amount of missing interior parts. (The important ones) but all and all it was a fairly solid FD with decent goodies.
Specs:
1993 FD (Originally Red)
80k miles (Original trans, Motor possibly remand)
Clean title.
Runs and drives.
$5,200
Needs work of course. But with the way prices have been jumping, I decided it was the right time to buy. Plus, I wasn't really interested in a RHD FD at all.
Here is a Pic of the car on the way to the body shop two weeks after buying it.
Yes that's a 8k minimum FD
Great deal
A rolling clean title shell (no interior/front or rear bumper etc...etc..) is worth 3 or 4k LOL
Great buy at that price. Even with the paint work I was expecting high 50s.
YEP, compared to the other cars this was a decent deal. Still crazy though that people are paying 50k for these cars Can't wait to see where values are in 10 years.
I expect this one to be for sale in the next 2 years and go for 60k hehe.
That Ssm wasn’t even close to the car the red one was (the one that sold for 49k).
Again. Production numbers don’t mean a whole lot.
I am surprised it went as high as it did. The paint quality is a huge deal for a collector. And a huger deal on a sight unseen transaction. Also the front bumper was starkly a different color. And, while this is subjective, silver doesn’t look nearly as good as VR. Again. Production numbers don’t mean a whole lot. Silver kinda boring on these cars imho.
I think this car went for too much using the vr as the benchmark. Well sold.
Anyone care to guess how a car like this comes to be? Someone buys it. And let’s it sit for 25 years. For what reason? He lost money on it factoring inflation and other costs. What’s the goal exactly?
I guess its some guy that owns 30 cars and takes each one of them out for a 100 miles a year or something. That’s the only thing I can come up with. I doubt any reasonable person would do something like this for investment purposes. He must have had a massive fleet and used each of them seldomly????
YEP, compared to the other cars this was a decent deal. Still crazy though that people are paying 50k for these cars Can't wait to see where values are in 10 years.
I expect this one to be for sale in the next 2 years and go for 60k hehe.
This was as close to new as one could get. $50k in today's money is less than the price of FDs in 1993-1995. You would have to spend nearly $60k today to equal what FDs stickered for when new factoring inflation.
I am surprised it went as high as it did. The paint quality is a huge deal for a collector. And a huger deal on a sight unseen transaction. Also the front bumper was starkly a different color. And, while this is subjective, silver doesn’t look nearly as good as VR. Again. Production numbers don’t mean a whole lot. Silver kinda boring on these cars imho.
The seller should have paid to get the bumper repainted. Clearly it wasnt original paint on it as is, so a repainted bumper isnt going to lower the value. A good paint shop could do it for around $500. Proper paint on the bumper would likely have yielded a sale price over $50K.
2800 miles makes this car more of a collectible than the 49K VR.
I really like the silver. Dont care too much for the VR, or any red color on a car. To each his own
This is my favorite so far: https://bringatrailer.com/listing/1994-mazda-rx-7-16/ I think it sold for approx 50k outside of BAT. This one along with the VR/black touring are the only super low mileage FDs that looked like they were driven and maintained on a regular basis. Again I feel like someone is going to clean up this SSM/red and relist at some point and make some cash. It was definitely a car that sat for a very long time but it sat somewhere fairly nice which hasn't been the case with most of these low mileage cars.
Bottomline: despite paint work, some rust spots etc.... it still had less than 3k miles and mileage is just super important for a collector car.
I also don't like the red interior but there are people that love it (it's pretty special on a 94). The SSM/red and BB/red were some of the easiest FDs I sold. Different strokes for different folks.
The seller should have paid to get the bumper repainted. Clearly it wasnt original paint on it as is, so a repainted bumper isnt going to lower the value. A good paint shop could do it for around $500. Proper paint on the bumper would likely have yielded a sale price over $50K.
2800 miles makes this car more of a collectible than the 49K VR.
I really like the silver. Dont care too much for the VR, or any red color on a car. To each his own
Yep..... someone is going to clean it up and flip or not LOL
This was as close to new as one could get. $50k in today's money is less than the price of FDs in 1993-1995. You would have to spend nearly $60k today to equal what FDs stickered for when new factoring inflation.
YEP
That said though 25 year old car isn't new even if it has 1 mile. Everything ages especially plastic and rubber
Lol. You live in a different reality. Fritz is correct, someone will spend less than $1k getting all the paint matching and this car will be a money maker for the buyer.
Also, let it go man. No one wants red/tan cars. Accept it.
I've heard some talk about odd colored SSM panels. Could it be original bumper paint and it just lays different on the urethane bumper? I guess the paint needs a look over anyways, after all that drama. Probably knocked the car off the BAT record.