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FourtyOunce

iTrader: (15)

Keep trying. There is a new CYM posted on BAT. https://bringatrailer.com/listing/1993-mazda-rx-7-41/

94 R2

iTrader: (2)

LOL...really? A possible reserve just $2,750 north of the high bid means they're "out of their minds?" I have no idea what the reserve was, but I was hoping to see this one sell for over $50K. Why shouldn't a very desirable spec, bone stock, 4-digit mileage FD with near perfect compression sell for more?

It still fascinates me how existing owners have an aversion towards a stronger market. Has anyone experienced the same sentiment in other car communities or goods?

Murilli

iTrader: (1)

Curious to know what the reserve was, considering that this car was listed for sale at LBI for $60,000. If it were my car, I'd want as much as I could get as well, I don't think 50k is unreasonable.

cymfc3s

I'm toying with the idea of https://bringatrailer.com/listing/1993-mazda-rx-7-39/. Doing something similar to what I did for the SSM. Restoring back to oem where appropriate, making it nice and new feeling again. Would make for a fun build thread, that car needs a good going through.

gmonsen

Ha. I've been saying that for maybe 10 years. Still not quite sure why. It's like, "We love the cars, but they're not really collectible". "They're not like Ferrari's or Porsche's". Unless the bottom drops out of the market for these, the #1 condition cars are all over $45k.

cymfc3s

The magic 3 things you need for collectability:

1) Good looking. FD checks this box easily
2) Good car. The rotary gives the FD a black eye, but these cars are amazingly good. Advanced tech for the day, they still drive and handle great. Check.
3) Rare. #1 condition cars are exceedingly rare. So many of these cars were raced, wrecked, hacked, smashed, cut, modded, swapped, flared, caged, used and abused. Nice original cars are rare.

gmonsen

Btw, I noted that a Ferrari 248 ts with 58k miles and in very nice condition sold today on BAT for $46,000. I like these a lot. They need wider rear wheels and some camber and toe mods, but once that's done these are great cars.

Narfle

iTrader: (16)

FD owners are necessarily pessimistic and self flagellating. I don't know any other community that is so short on itself.

I'd love a 348 hard top, or a nice 400i, or a mondial 3.4.

But, talk about tough ownership. The service on those things will make you really appreciate your FD. You could overhaul an entire FD for the cost of an engine-out on a prancing horse.

Shopping for ferrari's is how you end up with a porsche.

gmonsen

The service is not as bad as you're led to believe. The biggest thing is to find a really good independent and, then, don't do the belt engine out service every 5 years. Do it every 7. I have a really good guy in NJ who did my Testarossa for about $5,000 and I'm good for a long time. I find my Maserati extremely boring and will be swapping it for either a 348 or more likely a Mondial t.

djseven

iTrader: (56)

Narfle

iTrader: (16)

Uhhhhhhhhhh pretty much anything old-british, all-american, new-german, or any-italian car.

Montego

iTrader: (1)

So far the record has been at set 49K. If you read between the lines:
So in other words, this person is not willing to take any less money than the most expensive FD EVER SOLD (to date and stock). I call that presumptuous especially given the highest bid was only $1750 away from the record. I could understand if the reserve was within the vicinity of it but that isn't the case. So yes out of their minds in their belief that this car would only be sold if it attained the highest bid EVER. And I remind you this just a base model and in is in red. At least if the car was BB or white then sure...

Check yourself homie because you are speaking to the wrong person about this. I have been preaching that exact sentence for 10+ years prior to you even contemplating being on here. Now at the same time, I am not going to be a cheerleader to someone's presumptuous greed/ego...

P.S. I also wanted the car go above $50K but the owner's attitude turned me off.


EdIt- pfft... the guy is from a dealership. No wonder BAT didn't bridge the gap on the sale, the highest bid was very likely no where near the reserve. Greed all the way.

Narfle

iTrader: (16)

Gordon, here's your 348 right on cue: https://bringatrailer.com/listing/1990-ferrari-348-5/

Good colors. But they don't have the hookup you got...

Good god, y'all.

Fritz Flynn

iTrader: (263)

Yep, no doubt the FD has it's issues BUT it's a GREAT collector. Very similar to the 90s 911s, 60s vettes, camaros etc...etc.... IMO it's that special. I'm all about driving and could care less about collecting. Paying 50k for an FD only makes sense to collectors who will polish and stair for a few years and hope to sell for 20k more or continue to take to car shows and rub on for decades to come. That said I may one day be that old dude talking **** at the car show sooner than later, just not quite there yet LOL.

For 75k: https://www.roadandtrack.com/new-car...pcoty-preview/

2018 Chevrolet Camaro ZL1 1LE is faster than Corvette, Ferrari at the Nurburgring | Fox News

Mustang has a similar car.

Here are a couple of vids of me following the camaros. They are stupid fast for the money and probably really fun to drive.

gmonsen

Yeah... Worst of all worlds, a Ferrari dealer and one in California... Good God, Y'all is right.

gmonsen

^ Fritz... Never seen you work so hard. When you go over the concrete rub-a-dubs you're on the grass a few times and he's still pulling you. If you want to buy a race car, the Vettes and Camaros and Shelby's are incredibly fast. Still could care less. But the Porsche guys must just hate it.

djseven

iTrader: (56)

I'm not familiar with old British but if its like the newer British stuff it can be purchased for pennies on the dollar. Im sure some old collectibles are an exception. I've daily driven American and been around a lot of vipers, vettes and mustangs for the last 15 years, never had to roll the windows down to grab the window frame to shut the door in fear of ripping a door handle off. The Viper is the closest experience to riding in an FD but its still light years ahead in comfort and lack of stinking like fuel. What newer German cars are blowing engines at 30-50k miles regularly? Ive owned a boat load of BMWs(3 series, M Series, X series) and a couple AMG Mercedes(one high mileage one low) and never had to rebuild an engine, never failed emissions testing, never had oil puddles in my garage, never smoked on cold starts and AC blew ice cold. The BMWs and AMGs are also the fastest depreciating cars on the market. As for Italian, I've considered a few but never pulled the trigger yet. The Italian cars are for the "elite" and most owners are willing to spend money carelessly. No Ferrari owner is going to be honest about the quality of the car because they have to lie to their self daily to justify the ownership.

I'm not quite sure I understand the current Japanese sports car market. On a global scale the cars aren't really that rare. A low mileage 98 Supra sold for $150k the other day(sorry to all you guys that believe the FD will one day be valued the same as the supra but it nots gonna happen.)

The FD was amazing at 3 things: Aesthetics, Driving experience when running correctly(Fritz and I have owned enough FDs to know how rare this is) and being "cheap". Its no longer "cheap". I think a lot of you guys who try to justify the price of these cars approaching and surpassing $50k bought your FD for one quarter to one third that price. The current trend is great for all of us current owners financially. The amount of inquiries I am receiving on my CW 95 car in the last 6-8 weeks is staggering. At $25k or less, a nice and properly modified FD is still a decent buy. At $50k+ not a chance in hell for me personally.

Either way it will be interesting to see where the market will plateau. I think we will see a low mileage CYM crack $75k within a year.

amp

iTrader: (50)

...this

and this...
​​​​​​​

Fritz Flynn

iTrader: (263)

No doubt I'm sure there are lots of guys in ferraris and Porsches who hate being passed by dudes in camaros. However they've had their feelings hurt by corvettes and vipers for years so they'll get used to it hehe.

What's super cool though pressing any of those cars in your modded 93 FD

Fritz Flynn

iTrader: (263)

The 488 ferrari is a beast and likely very reliable even on a race track. Cars have come a long way in the last 25 years.

Morgen and I just bought a new x3 m40i and there is no comparing it to any car from the 90s. It's as fast as most of the sports car from the 90s and it's a frikken SUV.

ptrhahn

iTrader: (9)

The rise in values definitely affects my thinking re: what I do with the car. I've never had the space for two like Fritz or others, so I can't have the track car and the DD or collector car. Mine is everything. And when they were $16-18k, I didn't worry about crossing the "irreversible" threshold with the mods, because the difference between $18k and $25k isn't that much, but as values go up, it makes you think—though I'm probably well past the point of no return anyway.

Stupid city life.
P

Fritz Flynn

iTrader: (263)

YEP

That said though your car is as fast as anything that cost 75k and up so no worries on the value side or in other words you are well past the point of no return and once you weld in that cage (and you eventually will), forget about it hehe

FourtyOunce

iTrader: (15)

Maybe you can get Fritz to adopt you and then you can store some cars at his place.

ptrhahn

iTrader: (9)

That's just power to weight ratio in action. While I'm sure the handling is better on the GT3, the Camaro is at 6lbs/per horsepower, and has the same amount (650) of torque. That's just tough to overcome—similar to how I'm sure Lotus Exige/Elises are the best handling cars on the track, but not enough so to overcome the lack of power. 650 hp, right from the factory.

2700lb FD with 450 flywheel horsepower is also 6lbs/per HP. ;-)