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-   -   40,000 dollar modded FD (https://www.rx7club.com/3rd-generation-specific-1993-2002-16/40-000-dollar-modded-fd-1070128/)

Fritz Flynn 08-23-14 08:15 AM

40,000 dollar modded FD
 
http://www.motorcarswashington.com/w...inia/14266655/

Nothing proves more than this car where prices are headed :nod:

Originally a black 93 touring painted CYM. Now combine that with tan interior :facepalm1:

Wide body kit

OLD t78 turbo setup

etc.........

ASKING 40K...........and this dealer may get close. Have sold many in the high 20s etc..... :lol:

Nice Fikse wheels though :egrin:

Would anyone here pay 30k for this car?

Fritz Flynn 08-23-14 08:25 AM

Just looked at the pics and it gets worse. Originally RED, engine bay painted black, CYM exterior, aftermarket black carpet...............:icon_tdow

25k max on a really good day if it's running perfectly and those coilovers are worth a sh#t.

purerx7 08-23-14 08:55 AM

The coilovers are Stance with independent oil reservoirs, or at least my guess based on the color of the oil reservoirs. Asking prices never dictate true market value, only FD prices I see going up are mint/unmodified original cars or possibly 20B vehicles given how hard it is to find a 20B these days. Everyone has been calling for FD values to skyrocket for at least 5 years now and prices have barely budged.

NoPis10 08-23-14 09:06 AM

Remember, its only worth what someone is willing to pay for it.

You can ask whatever you want, but getting that price is another thing all together.

bajaman 08-23-14 09:26 AM

Nicely done engine, the rest...meh. I can see someone with more dollars than sense seeing this in the showroom and acting on impulse and buying it ("knocked them down to $31,500, man!"). At first glance it is a pretty striking car.

The FD still elicits a lot of emotional response, nearly every one of us have posted some story about someone seeing our cars out and about and, not knowing anything about them, go gah-gah over them.

Fritz Flynn 08-23-14 10:33 AM


Originally Posted by purerx7 (Post 11790708)
The coilovers are Stance with independent oil reservoirs, or at least my guess based on the color of the oil reservoirs. Asking prices never dictate true market value, only FD prices I see going up are mint/unmodified original cars or possibly 20B vehicles given how hard it is to find a 20B these days. Everyone has been calling for FD values to skyrocket for at least 5 years now and prices have barely budged.

So sh#tty coilovers as well :icon_tdow The best thing about that car are the brakes, wheels and seats the rest is trash to me and someone elses treasure at that price LOL.

I disagree on your price assessment. They are much higher than 5 years ago or even 2 years ago. Good luck finding a black, white, silver, red/black, CYM for under 20k if it has 50k or less miles on it. You can still find decent deals on automatic cars, blue on tan, red on tan but pretty much everything else is 20k plus.

I just met with a long time forum member who's headed to NC to buy a nice CW PEG with 35k or so miles and he's paying 20k plus and getting a damn good deal IMO.

Cars with 100k plus miles are always hard to sell for much but even those cars have gone up a lot in value depending upon mods, maint etc.....

Fritz Flynn 08-23-14 10:36 AM


Originally Posted by bajaman (Post 11790719)
Nicely done engine, the rest...meh. I can see someone with more dollars than sense seeing this in the showroom and acting on impulse and buying it ("knocked them down to $31,500, man!"). At first glance it is a pretty striking car.

The FD still elicits a lot of emotional response, nearly every one of us have posted some story about someone seeing our cars out and about and, not knowing anything about them, go gah-gah over them.

Nice it appears they are willing to negotiate. 20k and I might pick up the phone :egrin:

ZE Power MX6 08-23-14 10:49 AM

Whoever walk into that showroom probably have a lot of money, they should be able to sell it for ~30k.

j9fd3s 08-23-14 10:53 AM

the Warranty history says it started life as a 1993 Red/tan touring package. its a fairly late one too, build date was 8/29/1992

not that that really matters, its clearly not very original... the mechanicals look pretty nice, but i don't think the cosmetics are good enough to bring more than 20k, there are still too many tan interior parts, and you can see too much red in the engine bay...

$40k is beyond top dollar, and i'm not sure the cars condition reflects that.

Fritz Flynn 08-23-14 11:00 AM


Originally Posted by gmonsen (Post 11790737)
Think I'll step in it. I have been one of the people saying FD prices were going to rise significantly and I first said that here in October of 2008 and I have been largely wrong, of course. But why?

Generally, many people here who don't believe the FD will ever gain collectible status see the car as a very nice, cheap way to have a cool car when you are young and really can't afford the newest FRZ's, Porsches, or whatever. They are first fun cars after which when you make a lot of money, you will dump the FD and get a really "nice" newer car. And, of course, there is the whole "reliability" of the turbocharged rotary.

On the other hand -- on the more positive value side -- there is the incredibly small size, incredibly beautiful lines, light weight, great handling, and great overall performance. It was unique when it was new. It is much more unique today. You can't find a car that weighs as little or is as small much less as beautiful. So, my question is why haven't the prices gone up?

Well, perhaps a deep and continuing recession might be somewhat to blame? The increases in collectible car prices have languished since the recession started, generally. Prices of stock, unmodded FD's have in fact o=not only stabilized,. but are increasing a good bit right now. 5 years ago, you could have bought a fairly pristine, low mile stock FD for about $12,500-13,000. Today, and undewr 20,0000 mile stock, pristine FD will cost you $20-25,000 and I believe Goodfella has his black, low mile FD for sale a $29,000 or so. He'll get that or close.

Now, there is supposed to be a recovery going on, though many still aren't experiencing it. New cars are more computerized than ever. Drive and steer by wire and 9 speed automatics. They are bigger, taller, and much more expensive due to regulations. Perhaps, now we will see prices rise.

Gordon

Gordon,
I have two words for you and we can finally say we were right :egrin:

IT'S HAPPENING!!!!!! :lol:

I have lots of words for the doubters though :D

The FD will be the greatest collector car since people started collecting cars. OK I'll admit that's a slight overstatement however it is already and will eventually be a big time collector car.

WHY, for many reason some of which Gordon pointed out:
Great size, proportions and weight
Great interior and exterior design
EXTREMELY unique on so many levels
INCREDIBLY fun to drive on so many levels
Really easy to work on/really basic or simple car
Loves modifications or responds incredibly well to modifications
etc...

ALL these things are reasons we fall in love with this car and no other car has so much to offer for under 30k, for under 50k, for under 75k which is why this car will cost 50k plus in 10 years. I said it 1st :egrin:

Natey 08-23-14 11:53 AM

When I was a kid growing up in the Santa Cruz mountains, I remember seeing SOO many Camaro SSs, GTOs, and Mach1 Mustangs just rotting away with tweakers behind the wheel. Now a nice example of those cars is worth near 100k. Those tweakers are about 10-15 years older than me, and those are the cars they bought for cheap and made fast when they were younger.
Now those tweakers and heavy metalers are older and have some cash, and everyone wants to have a NICE muscle car. Like high school, but clean and not so stinky.
I believe this is gonna happen to cars like the 300zx, RX7 and Supra. These are the cars WE grew up wanting (for me at least), and the 3rd gen RX-7 is the creme of the crop. Soon, I'll bet the price for a clean unmolested example of any one of those three cars will balloon.

Another example is the Mitsubishi Starion. It ain't no FD, but again. kinda quick, kinda cool looking and kinda rare. I bought one back in the day for 1500 bucks, and sold it for the same. Now they average at 5k. Not exactly a collectors dream, but people are beginning to recognize. Have you looked at the price of a clean Datsun 510 or a 1st gen Celica lately? Stuff's about to change.

My 1st rx-7 was an S4 on phone dials that I bought for 700 clams. It hooked me. Now I'm in a pretty nice FD and I ain't selling it anytime soon, no matter what prices do. Fast, good looking, rare. Check check check. :)

j9fd3s 08-23-14 11:55 AM


Originally Posted by gmonsen (Post 11790737)
The increases in collectible car prices have languished since the recession started, generally.
Gordon

collector car prices are at record highs, there was a 110 Cosmo that went for more than $200k in Monterey last weekend, that is HUGE money.

and across the way was this little gem, Ferrari is the most valued classic car - Telegraph

off the top the last GTO sold in 2011ish was $40 million, although this specific GTO is a 2 owner car, with the original body on it, so its priced accordingly

and if you want the retarded example, the BOOK i have about the GTO's has gone way up in value.

i do think FD prices will come up, it is just a matter of time.

Natey 08-23-14 12:14 PM

Don't forget about the $200,000+ dollar VW bus.
1963 Volkswagen Bus hammers at record-setting $217,800 - Autoblog

http://www.blogcdn.com/www.autoblog....vwsambab-j.jpg

lOOkatme 08-23-14 12:43 PM

Cars, even ones that go up, still aren't investments. Investers price things in terms of things and the price of cars have not gone up in terms of barrels of oil, gold, silver, houses, the dow etc over time.

Sure they go up in $$$$ price, but if everything else goes up at a faster pace, then its not a good investment because you are unable to buy more of whatever you want.

There are very few cars that are actually "Investments". Perhaps total rebuilds to turn around and sell are....and super rare cars that are old.

RX7's are my favorite japanese car and probably my favorite car of all time, but I don't think the market values them like most of us do. it is a high maintenance nightmare for most regular individuals which makes the car awesome because you get a bunch of gear heads who truely love the car driving them making these cars so awesome to own because of the tight nit group who owns them. Plus its a supercar at rock bottom prices.

Sgtblue 08-23-14 12:50 PM


Originally Posted by ZE Power MX6 (Post 11790742)
Whoever walk into that showroom probably have a lot of money, they should be able to sell it for ~30k.

Never get it unless they change out that steering wheel.








;)

jsesq 08-23-14 05:14 PM

I guess this is a more generic question regarding collectibility, but I'll make it specific to my situation.

It seems that there is a bit of a premium for a bone stock, unmolested FD these days. My car has been lightly modified - CAI, downpipe, cat-back, but I still have all the original parts and theoretically, I could put it back into stock trim.

Any ideas if that would potentially add value back, or has that ship sailed since it's lived part of its life as a modded car?

Thanks!

Rxmfn7 08-23-14 05:32 PM

From what I have been noticing, some of the more well-known and appreciated modifications dont seem to negatively effect value. An M2 cold air box, intercooler, RB exhaust, etc. Once you go single it seems to be hit or miss.

motoron 08-23-14 05:38 PM

Well gang you can speculate all you want about FD prices in the future-but one things for sure-if you were to get an FD used by a flamboyant celebrity (Steve Mcqueen type) it would have a Good effect on all FD's. Look what it has done for
Mustangs.

BryanDowns 08-23-14 05:38 PM


Originally Posted by jsesq (Post 11790915)
I guess this is a more generic question regarding collectibility, but I'll make it specific to my situation.

It seems that there is a bit of a premium for a bone stock, unmolested FD these days. My car has been lightly modified - CAI, downpipe, cat-back, but I still have all the original parts and theoretically, I could put it back into stock trim.

Any ideas if that would potentially add value back, or has that ship sailed since it's lived part of its life as a modded car?

Thanks!

If everything is entirely reversible, how would anyone even know?

Fritz Flynn 08-23-14 05:49 PM


Originally Posted by jsesq (Post 11790915)
I guess this is a more generic question regarding collectibility, but I'll make it specific to my situation.

It seems that there is a bit of a premium for a bone stock, unmolested FD these days. My car has been lightly modified - CAI, downpipe, cat-back, but I still have all the original parts and theoretically, I could put it back into stock trim.

Any ideas if that would potentially add value back, or has that ship sailed since it's lived part of its life as a modded car?

Thanks!

A DP, intake, exhaust or pretty much all the general bolt ons won't devalue the car much if it's a low mileage adult owned car and has potential to increase the value. Things that kill the value are removing the emissions, AC, PS, going single etc...


Originally Posted by Rxmfn7 (Post 11790922)
From what I have been noticing, some of the more well-known and appreciated modifications dont seem to negatively effect value. An M2 cold air box, intercooler, RB exhaust, etc. Once you go single it seems to be hit or miss.

Yep but in general going single crushes the value of this car for the most part unless it's done REALLY well and only about 10% are.

Fritz Flynn 08-23-14 05:53 PM


Originally Posted by motoron (Post 11790924)
Well gang you can speculate all you want about FD prices in the future-but one things for sure-if you were to get an FD used by a flamboyant celebrity (Steve Mcqueen type) it would have a Good effect on all FD's. Look what it has done for
Mustangs.

From where I'm standing saying the value of FDs will be higher in 2 years isn't a stretch at all it's pretty much a no brainer.

Anyone know of a famous celebrity that owns an FD. God please tell me Vin Diesel has one and if so please send me an angel with his # LOL

Fritz Flynn 08-23-14 06:13 PM

On a side note I noticed Gordon mention Rich's BB R1 which I thought he already sold.

Rich if you still have that one I may be interested hehe :egrin:

Jason94R2 08-23-14 06:32 PM

I wonder what a nice 94 SSM like mine would be worth which is basically stock-modified. Everything bad about stock has been corrected but retains all stock location upgrades. I'm not planning on selling but it'll help motivate me to keep it the way it is since i just corrected all the factory faults w/o messing up the car. Its just a better stock FD and happened to pick up 125rwhp along the way :)

Jason

Montego 08-23-14 08:07 PM


Originally Posted by Natey (Post 11790783)
When I was a kid growing up in the Santa Cruz mountains, I remember seeing SOO many Camaro SSs, GTOs, and Mach1 Mustangs just rotting away with tweakers behind the wheel. Now a nice example of those cars is worth near 100k. Those tweakers are about 10-15 years older than me, and those are the cars they bought for cheap and made fast when they were younger.
Now those tweakers and heavy metalers are older and have some cash, and everyone wants to have a NICE muscle car. Like high school, but clean and not so stinky.
I believe this is gonna happen to cars like the 300zx, RX7 and Supra. These are the cars WE grew up wanting (for me at least), and the 3rd gen RX-7 is the creme of the crop. Soon, I'll bet the price for a clean unmolested example of any one of those three cars will balloon.

This is exactly what I've been saying for years. The FD is going to follow the lines of muscle cars. Just like muscle cars, clean examples (modded or not) are going to fetch the best prices.

Now IMO, the reason why modified muscle cars still fetch a pretty penny is because back in the day people would modify them and the kids of the time revered them. Now those same kids grew up but they still love the non stock versions.

Fritz Flynn 08-23-14 08:19 PM


Originally Posted by Jason94R2 (Post 11790940)
I wonder what a nice 94 SSM like mine would be worth which is basically stock-modified. Everything bad about stock has been corrected but retains all stock location upgrades. I'm not planning on selling but it'll help motivate me to keep it the way it is since i just corrected all the factory faults w/o messing up the car. Its just a better stock FD and happened to pick up 125rwhp along the way :)

Jason

Jason,
I have the exact same car only 93 and I'm asking 24k and won't take a penny less :)


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