djseven

iTrader: (56)

Cars sell several thousand lower on eBay as well since it is always a gamble because deposits are sent before the car is ever seen in person.

druggist

iTrader: (4)

This guy is always asking for high prices, who knows what they actually sell for

Magnumpi

iTrader: (2)

... Just presenting empirical data? If you wish to refute the data, please back up your claims with more empiricism. That is if you wish to present an argument. Ebay is a market. Saying the sellers don't know the market is irrelevant. The market does exist there. If you do have more data on RX7's sold, and their selling price, by all means. Show it.

A bunch? I count 4. And one accepted a best offer when BIN was 21K. It could very likely have sold under 20.

Close to $30K. There was one at $32K, one at $29'995, and one that sold for less than $27,500. Again, best offer accepted. One had(again) under 7'000 miles, the other less than 32'000 and the third was highly modified, but presumptively, not garbage.

And again. Show car. 20B. Cover of a magazine. $24'000.

One of the cars that sold in the teens, $13'999, only had the modifications of a k&n filter, turbo timer and exhaust. 67,XXX original miles.

Another, an R1. Needs paint and an OMP. Stock. $15'300.

I mean, you put your car on there. The market determines what it's worth. Or you have a reserve or BIN. That's it. If you have a better source for recent sold, actual price verification, then feel free to present that. I'm genuinely trying to gauge the market.

The average selling price is $15'608 being generous, omitting the thousand dollar one and giving the best offers their posted price.

Magnumpi

iTrader: (2)

Did I say you were attacking me? What exactly is the nature of your own apparent hostility? You do realize that in telling me to relax, you are in fact projecting your own restlessness. I've indicated no lack of calm.

And again. You've presented no empiricism. Please provide some if you have it or acknowledge you bring only conjecture to the conversation.

Fritz Flynn

iTrader: (263)

EBAY isn't a good indicator of a cars true value however it is one tool you could use but the best way to find out what a car is worth is to buy and sell it yourself over an extended period of time. This is something I've done for the last 15 years

As I already mentioned the price of a nice FD is up an easy 5k versus 5 years ago. That's not a buyers market that's a sellers market.

Currently if you own a low mileage FD it's worth 20k or more and likely worth a lot more than you paid unless you bought it new or in the 90s. If you have to buy a low mileage FD it sucks because you have to pay 20k plus and have no idea what you are really getting because it's a 20 plus year old car with all kinds of baggage.

On the flip side if you love this car and must have a really nice one you better pony up now because prices will be higher in another 5 years. NO I'm not saying invest in FDs because as 20k cars go this is not a cheap car to own BUT you also will not see much if any depreciation if you take care of it which is pretty cool and you can also enjoy one of the greatest sports cars ever made which again is PRETTY DAMN COOL!!!

I posted this thread because the 40k ask is so outrageous but at the same time it shows where prices are headed. If you don't agree and think prices are going lower, moving sideways etc... no worries but good luck finding a nice FD in 5 years for 20k

Fritz Flynn

iTrader: (263)

Here's a great example of what Gordon called the barbell price curve and something that's really interesting and still allows for great buys if you are a do it yourself sort of person.

I recently bought a 95 SSM R2 for 28k with 32k miles and this is the most I've ever paid for an FD.

I recently sold a 93 VR touring with 152k miles for 7k this is the lowest price I've ever sold a complete running FD for. It's also the highest mileage FD I've ever owned, the AC doesn't work, boost issues.....blah blah however still a damn good deal and there are lots of FDs out there just like it BUT this is a car that will nickle and dime you to your grave unless you are mechanically inclined and enjoy working on cars.

What we can learn from these two examples is that mileage and care is something worth paying for and the older these cars become the greater the value a low mileage car holds vs a high mileage car because each repair cost more as time moves along. Hell some parts are already discontinued and at some point low mileage owners will pay big money for high mileage cars to just get some damn parts...... and round and round we go until even junk cars are expensive. Welcome to the classic car world and that's where the FD is headed so get in now............wait maybe it is a buyers market

R-R-Rx7

iTrader: (24)

40k for a car that has decent work on it I think its fine. I m sell8ng my fd for more than that if anyone wants haha

Fritz Flynn

iTrader: (263)

These are things that devalue most FDs:
body kits
repaints
single turbos
No AC
No PS
Modified harnesses
etc....

Which is why it's REALLY HARD to get much over 25k for any heavily modified FD no matter how much is invested because the value is typically all about what parts are on the car and most everything else about finding it's value is irrelevant because so many things have been changed or been customized to your needs and desires.

For example the 40k car listed. Nobody wants a t78 (EFR ball bearing turbos are the rage), an smic (VMICs ONLY hehe), cheap coilovers (junk), repainted car/non original color (YUK), sh#tty bolt in roll bar etc..... especially at anywhere near 40k.

Quick break down of that car:
Roller 8k to 10k max if the paint is good
wheels 3k
Coilovers 1500
engine 2k
fuel and pump 500
smic 700
turbo 1500
brakes 1000
Seats 750
misc 2000 to 4k max


In other words it isn't worth much or about 20k

However your car does have some very expensive goodies but it's pretty much worth what the parts are worth on the used market less 20%

Break out the calculator and price that baby and I doubt you'll be anywhere near 40k but I'd love for you to prove me wrong because I happen to own some seriously modded FDs I doubt I could sell my track car for over 25k (easy 40k invested) and it's a frikken BEAST!

R-R-Rx7

iTrader: (24)

Its not about doubting you or proving you wrong. If someone wants my 2001 is for sale for 60k lol. Invested a lot more than that lol

I know what you are saying and you are 100% correct

Rxmfn7

iTrader: (4)

I feel like with the going prices of good running 20Bs, at least in the near future a 20B FD may be worth more in parts than whole. Maybe to the right person you could hold out for $30-35k for a 20B car, but if you want a quick sale I would think parting would be the way to go. I mean even unkown condition 20Bs are commanding 5-6k now. I would think a fresh rebuilt one with documentation from a well-known shop would grab a fair price and sell fairly quickly.

Fritz Flynn

iTrader: (263)

Yep, parting a 20b car is the only way to get a fair return

Fritz Flynn

iTrader: (263)

[QUOTE=R-R-Rx7;11798329]Its not about doubting you or proving you wrong. If someone wants my 2001 is for sale for 60k lol. Invested a lot more than that lol

You are a wild man

Here's my breakdown:
Trans & diff cooler 3k
Cage 6k
Single turbo and exhaust 6k
Cooling ducting 4k
Engine 4k
Trans 3k
Diff 1.5k
Seats and harnesses 3k
Susp 5k
Body parts 3k
Ecu and fuel stuff 2k
Brakes 5k
Wheels and tires 5k

Bottom line approx 50k invested plus the car. Seriously doubt I could sell it for more than 25k

R-R-Rx7

iTrader: (24)

Fritz when my car first burned down I was looking for a ready built fd for the track.. nothing fancy in other words. Privately owned vehicles with a good motor chassis and suspension. . In translation this was a 57sec car in tsukuba. Stock tranny and differential etc.. one of the examples was an re amemiya car.
They were willing to let it go for 100k and it was a trully basic build. . It doesnt say much but people actually spend money for proven and ready cars..
Meanwhile other companies were asking 70k and again they were basic builds

SA3R

Its funny. I've been saying for years that they have been selling for $28-40,000.00 for the past five years here. And its taking the USA this long to play catch up with Australian prices...

Here's a stock car for $33K

2001 Mazda RX-7 Bathurst R

Another for $30K
1994 Mazda RX-7

You can have a 20B FD for $75K:
1992 Mazda RX-7

Another for $30K
2001 Mazda RX-7 Bathurst R

Creme-de-la-creme SP RX-7 for $48K
1995 Mazda RX-7 SP

One for $35K
1998 Mazda RX-7

Another for $35K
2000 Mazda RX-7 Type R

One for $33K
2002 Mazda RX-7 Spirit R Type A

Your USA dollars are worth 1.07 Aussie dollars. If any of you wanted to buy any of the Aussie FDs I've just shown you, you'd still pay 97% of the prices shown above, once you converted your USD into Aussie AUD.

Worth a lot aren't they?? The days of the $6K to $10K FD RX-7 are fast becoming gone, here in Australia. The USA prices will catch up, believe me. $40K is normal enough here. You guys are just starting to see it over there.

Montego

iTrader: (1)

Nobody? In order to be objective about this, one has to be able to differentiate between our personal bias and everyone else. Ultimately what sells the car is if its mechanically sound, looks good, fun factor, and milage. In no particular order because that all depends on the buyer and how good is the person selling it.

Fritz Flynn

iTrader: (263)

Check the GT3 prices LOL

If I was an Aussie I'd ride a bike

Fritz Flynn

iTrader: (263)

Good point I guess I'm just giving too much credit to the buyer of a modified FD.

On the other hand it's my opinion that MOST people who would be interested in this car know what they are buying. A 20 year old car that's selling for 40k isn't generally an impulse purchase but this dealer is pretty good so who knows

Fritz Flynn

iTrader: (263)

It's not a dollar to AU dollar thing it's just a straight Aussie thing.

Similar to FDs in Japan costing about 1/2 what they cost here.

Montego

iTrader: (1)

Fritz is correct in regards to those that know what they are buying. But IMO true RX-7 enthusiasts (in the knowledgable sense) are the small percentage of admirers. So we must step back from our own bias and our knowledge of mods. Think of it from a buyer that has never owned an RX-7 (but has always lusted) and hence he/she is not intimately knowledgeable on modifications. Therefore they wouldn't really know the gains of a Vmount over an SMIC or what year the T78 was introduced. Nope... They would just hop in the car and be COMPLETELY BLOWN away by the performance and looks of the car. And again IMO, that experience is golden and hard to surpass by a logical argument of an aging turbo technology.

Truth be told if the only people buying these cars are former FD owners (the true enthusiasts) and not admirers then the prices will never truly rise. Because many people on here are highly critical, and are nickle and dimers to boot. Just look at this thread for a glimpse.


Actually Alex if I went in there with an open mind wanting a sportscar not a status car and actually drove them both, that 50K porsche would not be bought by me. About 8 years ago I had the pleasure of test driving a $165K porsche turbo. I really got a chance to beat on, redling it, and hitting some serious speed. I came away feeling that car was not worth that price. Note that it was was better than my stock twin, stock suspension FD, just not not $130K better and IMO it was only marginally better. Even my buddy who is a label snob agreed.

The FD is a phenomenal car and honestly the main thing that hurts it is that it has a Mazda badge.

rx7 SE

iTrader: (5)

+100

I let a good friend a mine who is a die hard bimmer fanatic drive the FD over the weekend. He pretty much fell in love with it, the driver feedback, turbo response, overall chassis rigidity. He said it feels like a pure sports car, the last thing he said is the only thing that draws back to this supercar feel is that in the end it's just a Mazda lol. I didn't really have a good argument to that .

But the same could be said and IS said about the NSX...

Fritz Flynn

iTrader: (263)

One thing Pete has mentioned many times and something we should constantly remind ourselves of is that although it's only a mazda it's also as mentioned a PURE SPORTS CAR/SUPER CAR and should be maintained and treated as one.

Seldom do owners spend the money to properly maintain it and mod it so it ends up letting them down and adding to the cars already spotty reliability reputation.

You won't see any BMW or Porsche owners bolting up EBAY manifolds etc....

Yet a properly setup FD will EASILY outperform any BMW or Porsche from the 90s

04G35S

iTrader: (10)

^Truth^

I really hope that the price point of the RX7 does not dip any lower, I will be heartbroken/pissed when I see high school kids starting to bolt on eBay crap parts like these cars are Hondas. I sold be G35s Coupe and S/C TL when they started getting affordable enough that kids were buying them up and giving them a bad name. I hope the day never comes where I see a stanced, stretched, and Plastidipped FD! Sorry, end rant.

Fritz Flynn

iTrader: (263)

LOL

That's been going on for the last decade but it won't continue and the price of the FD will go higher until kids can no longer afford it.

Fritz Flynn

iTrader: (263)

Of course not hehe

The 997 needred coilovers etc... but was pretty well setup otherwise and I managed a high 2.05. Probably squeak out a 4 on the new pavement. It's not nearly as fast as some may think. When it was 1st put down probably two seconds for most any car at this time no more than 2 seconds for a very very fast car with slicks. Every year most every fast group of cars gains a second or two at VIR which is really crazy and just goes to show you how all drivers and cars are able to keep pushing the envelope.

I was never able to run the 996 hard on good tires but the best lap time to date that I know of for a well prepped 996 GT3 (not cup car/race car) is a 2.03 and this car has an easy 50k invested in mods.

My FD just ran a 2.02. In fairness to the above car that was a hotter day and the track wasn't repaved but I'll take the victory all the same

To watch the vid just click on the title

j9fd3s

iTrader: (3)

i dunno about the Porsche guys, but the BMW guys use all kinds of cheap ebay bling. their favorite thing are those anodized aluminum tow hooks that say "race car" but snap right off if you actually use them to tow the car.

lmao, and just looking i see that they are supposed to collapse now, which is good, we got hit with one, and its like a can opener, they are really unsafe

E36, E46 & E9X Racing Tow Hooks (Front & Rear) - Turner Motorsport

http://www.ebay.com/itm/Black-Aluminum-Racing-Tow-Hook-Towing-Trailer-for-E30-E46-E36-E91-E92-E93-/161370309299?pt=AU_Car_Parts_Accessories&hash=item25926b82b3&vxp=mtr