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 06-15-17, 01:59 PM
  #351  
Cheap Bastard

iTrader: (2)
 
adam c's Avatar
 
Join Date: Sep 2002
Location: San Luis Obispo, Ca
Posts: 8,370
Received 50 Likes on 42 Posts
That's a nice one. Worth every penny of asking price IMO
Old 06-25-17, 11:11 AM
  #352  
Lucky number seven

 
fdpocketrocket's Avatar
 
Join Date: Mar 2004
Location: Detroit Metro, MI
Posts: 151
Received 11 Likes on 6 Posts
Originally Posted by gmonsen
Here's a real time capsule for only $29,000.

https://www.hemmings.com/classifieds...7/1963299.html
Oh wow, that's in my city. What a small world. It has twice as many miles as my 94
Old 06-26-17, 09:07 AM
  #353  
Cheap Bastard

iTrader: (2)
 
adam c's Avatar
 
Join Date: Sep 2002
Location: San Luis Obispo, Ca
Posts: 8,370
Received 50 Likes on 42 Posts
It seems to me that FD values have gone up since this thread was started 3 1/2 months ago. I think Fritz opened this thread to boost the values of the cars he was selling. He's a marketing genius!!!
Old 06-26-17, 10:15 AM
  #354  
mdp
Always Bad Advice

 
mdp's Avatar
 
Join Date: Nov 2005
Location: San Diego
Posts: 326
Received 82 Likes on 55 Posts
A small sample of a few collectible cars:
How to value your FD-hemmings.jpg
Old 06-27-17, 10:40 AM
  #355  
Senior Member
iTrader: (11)
 
TomSmy's Avatar
 
Join Date: Oct 2016
Location: Alberta Canada
Posts: 439
Received 7 Likes on 6 Posts
Originally Posted by adam c
It seems to me that FD values have gone up since this thread was started 3 1/2 months ago. I think Fritz opened this thread to boost the values of the cars he was selling. He's a marketing genius!!!
It's about time! these cars are so underappreciated!
Old 06-27-17, 02:15 PM
  #356  
Lives on the Forum

iTrader: (26)
 
Redbul's Avatar
 
Join Date: Mar 2015
Location: B.C.
Posts: 5,011
Received 1,205 Likes on 937 Posts
BC Momentum

Yes, Thanks Fritz.


There has been a steady build-up on JDM coverage in mainstream collector car magazines. Also rising prices for NSX, Supras and GTR can't but help.
Old 06-27-17, 11:04 PM
  #357  
Form > Function

iTrader: (107)
 
MattGold's Avatar
 
Join Date: Dec 2003
Location: Metro Detroit
Posts: 1,645
Received 198 Likes on 100 Posts
Originally Posted by fdpocketrocket
Oh wow, that's in my city. What a small world. It has twice as many miles as my 94
There have been some GEMS in Livingston County. There was a silver one in Pinckney a year or two ago with like, 13K on it. Sold for around $32K IIRC.
Old 06-29-17, 06:49 AM
  #358  
All out Track Freak!

Thread Starter
iTrader: (263)
 
Fritz Flynn's Avatar
 
Join Date: Jul 2001
Location: Charlottesville VA 22901
Posts: 10,672
Received 412 Likes on 250 Posts
Originally Posted by gmonsen
Here's a real time capsule for only $29,000.

https://www.hemmings.com/classifieds...7/1963299.html
I'm delivering a car near this one today. Left a message and haven't heard back. Looks like a nice one. If the dude wants to do business I'll likely be returning with another car LOL.

Originally Posted by adam c
It seems to me that FD values have gone up since this thread was started 3 1/2 months ago. I think Fritz opened this thread to boost the values of the cars he was selling. He's a marketing genius!!!
LOL

Originally Posted by TomSmy
It's about time! these cars are so underappreciated!
YES!!!!

BTW I bought the VR R2 w/24k miles in PA . It's extremely nice! I also bought several engines including a 3 rotor along with lots of OEM parts etc... from the same owner. Cool lady! We worked the deal from 6pm to 12am.......she's a tough negotiator LOL.
Old 06-29-17, 06:34 PM
  #359  
Senior Member
iTrader: (2)
 
Moe Greene's Avatar
 
Join Date: Aug 2016
Location: Colorado
Posts: 376
Received 12 Likes on 12 Posts
I'm tempted to sell my FD after I finish the break in seeing how prices have been going up
Old 06-29-17, 10:16 PM
  #360  
Rx7 Wagon

iTrader: (16)
 
Narfle's Avatar
 
Join Date: Nov 2002
Location: California
Posts: 6,988
Received 875 Likes on 548 Posts
Originally Posted by Fritz Flynn
BTW I bought the VR R2 w/24k miles in PA . It's extremely nice! I also bought several engines including a 3 rotor along with lots of OEM parts etc... from the same owner. Cool lady! We worked the deal from 6pm to 12am.......she's a tough negotiator LOL.
A little old lady had a 20b lying around? Must be a good story.
Old 06-30-17, 06:03 PM
  #361  
Full Member
 
asesereker's Avatar
 
Join Date: Nov 2015
Location: Miami Florida
Posts: 59
Received 17 Likes on 15 Posts
Originally Posted by Narfle
A little old lady had a 20b lying around? Must be a good story.
Her husband died. He collected FD's. He had 14 FD's. Lifts to store them. Engines. Tons of parts. I talked with her a bunch. She is a nice lady. I bought my 1993 CYM R1 with 33k miles from her. Great lady.
Old 07-02-17, 10:56 AM
  #362  
All out Track Freak!

Thread Starter
iTrader: (263)
 
Fritz Flynn's Avatar
 
Join Date: Jul 2001
Location: Charlottesville VA 22901
Posts: 10,672
Received 412 Likes on 250 Posts
https://www.hemmings.com/classifieds...7/1963299.html

I did buy this one so anyone looking for a 94 (glass sunroof) VR touring this will be really hard to beat

This might be the cleanest overall FD I've purchased and it's BONE stock. Nothing has been touched. Either put this one away as an investment or let the modding begin and have the time of your life
Old 07-02-17, 01:52 PM
  #363  
Moderator

iTrader: (13)
 
Johnny Kommavongsa's Avatar
 
Join Date: Apr 2013
Posts: 1,418
Received 135 Likes on 91 Posts
Any idea how insurance companies values the FD?

How to value your FD-35ocracl.jpg

How to value your FD-izf4sibl.jpg

Wife rear ended someone.

Will be interesting to see how much they think the car is worth.

80k miles, single turbo v mount setup with Ohlins.
Old 07-02-17, 03:05 PM
  #364  
Piston Head

iTrader: (5)
 
Littleguy's Avatar
 
Join Date: Nov 2004
Location: Houston, TX
Posts: 529
Received 18 Likes on 13 Posts
Originally Posted by Johnny Kommavongsa
Any idea how insurance companies values the FD?





Wife rear ended someone.

Will be interesting to see how much they think the car is worth.

80k miles, single turbo v mount setup with Ohlins.
My advice/hope for people on this site is that they get an agreed value policy or an agreed upon appraisal with their insurance companies. Best of luck!
Old 07-02-17, 04:45 PM
  #365  
Don't worry be happy...

iTrader: (1)
 
Montego's Avatar
 
Join Date: Apr 2001
Location: San Diego, CA
Posts: 6,846
Received 787 Likes on 463 Posts
Originally Posted by Johnny Kommavongsa
Any idea how insurance companies values the FD?

https://i.imgur.com/35OcrACl.jpg
https://i.imgur.com/izf4sIbl.jpg

Wife rear ended someone.

Will be interesting to see how much they think the car is worth.

80k miles, single turbo v mount setup with Ohlins.
^^That ******* sucks.....


Contact adam c he is an insurance agent so he is very familiar with this process.

But from my experience they will try and lowball you with a Kelley blue book value (unless you have an agreed on value policy). However, know that you are entittled to fair market price of your vehicle. What that means is that they should provide with enough money for you to go out and purchase an FD with similar trim, milage, and condition. Note that it doesn't mean mods unless you insured them with your policy.

With that said here are some key points:
1) Jump on this and don't wait for the insurance company
2) Research for sale ads to find out what FD's in similar condition go for these days. Preferably in your area (I know it's a rare car and it's highly unlikely but try anyway). Save the for sale ads
3) Get a clear idea of how much a replacement will cost so when your insurance company gives you a monetary value, you know if you should take it or not
4) If you don't like the offer they give you utter these words: "I am entitled to fair market price of my vehicle. I will submit current for sale ads so you can appraise my car accordingly". And submit the ads that you saved.
5) The ads that you submit should be pretty similar so they can see a trend. In other words, don't submit 4 ads in the $20K range and 1 in the 10K range. Because that 10K one will lower their offer to you.
5) Based on the prices that you have submitted and if your insurance company is not pathetic, you should come to a quick resolution.


good luck

Last edited by Montego; 07-02-17 at 04:48 PM.
Old 07-02-17, 09:23 PM
  #366  
Put it in the microwave!

iTrader: (22)
 
kensin's Avatar
 
Join Date: Jul 2009
Location: CA
Posts: 1,556
Received 35 Likes on 29 Posts
Originally Posted by Montego
^^That ******* sucks.....


Contact adam c he is an insurance agent so he is very familiar with this process.

But from my experience they will try and lowball you with a Kelley blue book value (unless you have an agreed on value policy). However, know that you are entittled to fair market price of your vehicle. What that means is that they should provide with enough money for you to go out and purchase an FD with similar trim, milage, and condition. Note that it doesn't mean mods unless you insured them with your policy.

With that said here are some key points:
1) Jump on this and don't wait for the insurance company
2) Research for sale ads to find out what FD's in similar condition go for these days. Preferably in your area (I know it's a rare car and it's highly unlikely but try anyway). Save the for sale ads
3) Get a clear idea of how much a replacement will cost so when your insurance company gives you a monetary value, you know if you should take it or not
4) If you don't like the offer they give you utter these words: "I am entitled to fair market price of my vehicle. I will submit current for sale ads so you can appraise my car accordingly". And submit the ads that you saved.
5) The ads that you submit should be pretty similar so they can see a trend. In other words, don't submit 4 ads in the $20K range and 1 in the 10K range. Because that 10K one will lower their offer to you.
5) Based on the prices that you have submitted and if your insurance company is not pathetic, you should come to a quick resolution.


good luck
But...but...all insurance companies are pathetic lol
Old 07-03-17, 09:09 AM
  #367  
Moderator

iTrader: (13)
 
Johnny Kommavongsa's Avatar
 
Join Date: Apr 2013
Posts: 1,418
Received 135 Likes on 91 Posts
Originally Posted by Littleguy
My advice/hope for people on this site is that they get an agreed value policy or an agreed upon appraisal with their insurance companies. Best of luck!
Thanks, will do this with my other vehicles.

Originally Posted by Montego
^^That ******* sucks.....


Contact adam c he is an insurance agent so he is very familiar with this process.

But from my experience they will try and lowball you with a Kelley blue book value (unless you have an agreed on value policy). However, know that you are entittled to fair market price of your vehicle. What that means is that they should provide with enough money for you to go out and purchase an FD with similar trim, milage, and condition. Note that it doesn't mean mods unless you insured them with your policy.

With that said here are some key points:
1) Jump on this and don't wait for the insurance company
2) Research for sale ads to find out what FD's in similar condition go for these days. Preferably in your area (I know it's a rare car and it's highly unlikely but try anyway). Save the for sale ads
3) Get a clear idea of how much a replacement will cost so when your insurance company gives you a monetary value, you know if you should take it or not
4) If you don't like the offer they give you utter these words: "I am entitled to fair market price of my vehicle. I will submit current for sale ads so you can appraise my car accordingly". And submit the ads that you saved.
5) The ads that you submit should be pretty similar so they can see a trend. In other words, don't submit 4 ads in the $20K range and 1 in the 10K range. Because that 10K one will lower their offer to you.
5) Based on the prices that you have submitted and if your insurance company is not pathetic, you should come to a quick resolution.


good luck
thanks man, just got done talking to the adjuster and they will look for at least 3 other vehicles in similar conditions to determine value.

Adjuster is heading to look at the car in the next few mins so I'm hoping to hear back this afternoon.
Old 07-03-17, 12:27 PM
  #368  
Professional Tinkerer
 
fd3sY8S's Avatar
 
Join Date: Jan 2016
Location: Texas
Posts: 308
Received 19 Likes on 14 Posts
TX

Hate to see this. Stuff happens.

Use some of Fritz's resale or purchase quotes! I'm sure there are plenty of examples of guys on here with similar recent purchases/builds. I don't know that the "build" parts matter as much if you can get the value less the miles. So if you could get the value of Fritz's Hemming's 94' purchase at say $29K with 17K miles maybe the 80K miles would deduct $3-4K?? Find as many of these "Museum" cars and point out the collector aspect to your agent. Build your case.
The following users liked this post:
Redbul (07-05-17)
Old 07-16-17, 08:54 AM
  #369  
All out Track Freak!

Thread Starter
iTrader: (263)
 
Fritz Flynn's Avatar
 
Join Date: Jul 2001
Location: Charlottesville VA 22901
Posts: 10,672
Received 412 Likes on 250 Posts
Looks like someone changed their mind.

34K-Mile 1993 Mazda RX-7 | Bring a Trailer

Now on autotrader for 34k. Good luck I'll sell my VR R2 for 35k with 10k less miles and it's twice as nice

https://www.autotrader.com/cars-for-...modelCode1=RX7

Someone is going to take a big loss unless they keep that thing in bubble wrap for another 5 years
Old 07-16-17, 08:58 AM
  #370  
All out Track Freak!

Thread Starter
iTrader: (263)
 
Fritz Flynn's Avatar
 
Join Date: Jul 2001
Location: Charlottesville VA 22901
Posts: 10,672
Received 412 Likes on 250 Posts
[/RIGHT]
Originally Posted by fd3sY8S
Hate to see this. Stuff happens.

Use some of Fritz's resale or purchase quotes! I'm sure there are plenty of examples of guys on here with similar recent purchases/builds. I don't know that the "build" parts matter as much if you can get the value less the miles. So if you could get the value of Fritz's Hemming's 94' purchase at say $29K with 17K miles maybe the 80K miles would deduct $3-4K?? Find as many of these "Museum" cars and point out the collector aspect to your agent. Build your case.

All things being equal I'd say an FD with 80k miles deducts at least 10 compared to one with under 20k miles

Last edited by Fritz Flynn; 07-16-17 at 09:01 AM.
Old 07-16-17, 10:41 PM
  #371  
Lives on the Forum

iTrader: (26)
 
Redbul's Avatar
 
Join Date: Mar 2015
Location: B.C.
Posts: 5,011
Received 1,205 Likes on 937 Posts
BC Keeping under wraps

I wonder what a five year supply of bubble wrap costs these days?
Old 07-17-17, 09:34 AM
  #372  
All out Track Freak!

Thread Starter
iTrader: (263)
 
Fritz Flynn's Avatar
 
Join Date: Jul 2001
Location: Charlottesville VA 22901
Posts: 10,672
Received 412 Likes on 250 Posts
Originally Posted by Redbul
I wonder what a five year supply of bubble wrap costs these days?
Too much that's for sure. Overall I'd say there's plenty of conclusive evidence to determine that cars are not good investments.

PS There's also a chance that the BAT vr r1 sale didn't go through and now the seller is running it through a dealer.
Old 07-18-17, 11:43 AM
  #373  
Lives on the Forum

iTrader: (26)
 
Redbul's Avatar
 
Join Date: Mar 2015
Location: B.C.
Posts: 5,011
Received 1,205 Likes on 937 Posts
BC Mod you like?

Priced to sell, or mods holding the value back?


On another note: I've heard a number of rhd have surfaced recently on the Canadian sites such as Kijiji. Prices about C$11,000, I've heard.

Last edited by Redbul; 07-18-17 at 11:45 AM.
Old 07-18-17, 12:24 PM
  #374  
Form > Function

iTrader: (107)
 
MattGold's Avatar
 
Join Date: Dec 2003
Location: Metro Detroit
Posts: 1,645
Received 198 Likes on 100 Posts
Originally Posted by Redbul
Priced to sell, or mods holding the value back?


On another note: I've heard a number of rhd have surfaced recently on the Canadian sites such as Kijiji. Prices about C$11,000, I've heard.
I think RHDs will continue to pour into Canada and the States... however, I doubt it'll have a big impact on the (LHD) market.

300ZXs have been pouring in for a while since they had a 1988/1989 production date - and RHD examples still track about 50% lower than their LHD counterparts. LHD will always be considered a "first option" for the foreseeable future. However, decades on collectors might just settle for "the best" one they can find... just look at the Italian and German markets.
Old 07-18-17, 02:34 PM
  #375  
H_M
Senior Member
iTrader: (7)
 
H_M's Avatar
 
Join Date: Nov 2015
Location: CanuckVille
Posts: 624
Received 89 Likes on 53 Posts
Originally Posted by Redbul
Priced to sell, or mods holding the value back?


On another note: I've heard a number of rhd have surfaced recently on the Canadian sites such as Kijiji. Prices about C$11,000, I've heard.
Those are all trashed, banged up, been in accidents, or have blown engines.

One not far away from me is listed for $11k CAD. The previous owner blew the engine, didn't want to do a proper rebuild, got it running and sold the car. Now the current owner has the car up for sale for $11k ($3k more than he paid) with a blown engine that will barely run. I actually emailed him about the car and he said "oh yeah man. The engine is hard to start when cold but that's because I'm running THICK OIL. Every rotary expert and every forum will tell you that these engines are hard to start with thick oil. It has 20w50 in it, man. That's thick."


Quick Reply: How to value your FD



All times are GMT -5. The time now is 04:27 PM.