93-95 RX-7 Sales
#1
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93-95 RX-7 Sales
I was just wandering how many 93 through 95 RX-7 R1 package cars were bought here in the US. I believe these cars will be worth an incredible amount of money in the future. What do ya'll think?
#2
From scuderiaciriani.com:
Model 1992* 1993 1994 1995
----------------------------------------------
Base 763 1245 392 153
R-model 1107 1015 275 182
Touring 2991 2734 1010 648
P.E.G.** 0 53 533 416
* 1992 models were actually sold as 1993s, but released early in the model year.
** P.E.G. = "Popular Equipment Group" (leather and sunroof, basically)
Model 1992* 1993 1994 1995
----------------------------------------------
Base 763 1245 392 153
R-model 1107 1015 275 182
Touring 2991 2734 1010 648
P.E.G.** 0 53 533 416
* 1992 models were actually sold as 1993s, but released early in the model year.
** P.E.G. = "Popular Equipment Group" (leather and sunroof, basically)
#3
Super Snuggles
Originally Posted by goldenchasers_101
I believe these cars will be worth an incredible amount of money in the future. What do ya'll think?
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yeah the people that really want a nice "investment" quality one pretty much already have em, and the rest of the cars need major amounts of work.
#7
Originally Posted by goldenchasers_101
I I believe these cars will be worth an incredible amount of money in the future. What do ya'll think?
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Originally Posted by jimlab
I think you should lay off the crack.
#11
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alright guys i get what your saying that these cars my not be worth anyhting one day. But why wouldnt they, I mean come on, a rotary powered car that was one of the first of its kind to hit the US. Not to mention the 93 rx7 was the Motor Trend car of the year. I still have the orginal sticker in the windsheld. I meant about 50 years from now or more not in the near future. Oh and by the way, my car wasnt an investment by no means, it was just a fun car to have. Wouldnt the rareity of these cars increase in value, say 50 years down the road.
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Being around FD's since they were new, I have never seen one with that low of miles sell for that cheap. An 18k mile FD today is worth at least 18-20K, easily. If you bought yours that cheap several years ago your either bullshitting or really lucky, that was well below loan value back then.
FYI, I sold my 93 silver touring with 90k on the odo and 25k on the motor for 15K to another forum member 2 years ago. Off topic, but he totaled it three months later (jackass).
They have not dropped much in value in the last few years. We still get great money for these cars at my dealership. Financing them is a bit ticky considering only kids want them and they're over ten years old, but they all go pretty quickly.
FYI, I sold my 93 silver touring with 90k on the odo and 25k on the motor for 15K to another forum member 2 years ago. Off topic, but he totaled it three months later (jackass).
They have not dropped much in value in the last few years. We still get great money for these cars at my dealership. Financing them is a bit ticky considering only kids want them and they're over ten years old, but they all go pretty quickly.
#13
Eats, Sleeps, Dreams Rotary
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Originally Posted by goldenchasers_101
Not to mention the 93 rx7 was the Motor Trend car of the year.
Well kept FDs with 30k miles or less can still sell in the high teens; however, most sell in the $10k-$15k range.
Only teenagers who have seen part I and II of a really shitty film or semi-loopy car heads even know what an FD is, so their market is very limited. Prices are headed in one direction. Perhaps in a year or so they will have dropped sufficiently for me to sell my Miata and buy another one as a daily driver.
#16
Do it right, do it once
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Originally Posted by broken93
Eh, if you are interested in investing in automobiles, buy vintage Porsche or Ferrari.
EDIT: In all reality, dot-com stocks have better returns.
EDIT: In all reality, dot-com stocks have better returns.
I just saw a POS SALVAGE 70 Camaro sell for $4K at a dealer auction. Right now 50-70s American muscle is selling VERY well, the exotics aren't.
#18
Rotary Powered
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The really nice, low mileage ones (under 50 or 60k) are the ones that will be collectable.
Most FDs now have over 60k and have non-original motors and mods.
Collectors usually seek a car with low mileage and fairly original.
I would say that over 90% of the FDs now are either:
-over 60k miles
-on non-original motors
-extensively modded
That leaves what, ~1300-1400 cars that are going to be collectable? That is going to make the FD a very rare car. Espeically considering the amount of FDs on the road and registered are estimated to be around 3000-4000 (there is a thread about it somewhere). pretty damn rare car.
Most FDs now have over 60k and have non-original motors and mods.
Collectors usually seek a car with low mileage and fairly original.
I would say that over 90% of the FDs now are either:
-over 60k miles
-on non-original motors
-extensively modded
That leaves what, ~1300-1400 cars that are going to be collectable? That is going to make the FD a very rare car. Espeically considering the amount of FDs on the road and registered are estimated to be around 3000-4000 (there is a thread about it somewhere). pretty damn rare car.
#19
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People assume a limited number available makes a car an instant collectable.
Demand makes a car collectable. For the past 10 years it has been 60's & early 70's muscle cars. Talk about rare, some are less than a dozen built.
Just because they made a limited # of Bicentennial Pinto's doesn't mean you've got a gold mine on your hands.
Take for example the 84-86 SVO Mustang. Approximately the same number of cars sold as the U.S. FD. While they do have a higher resale over the similar year GT Mustang, they can be had for less than $3K today. A technological marvel that far exceeded the Mustang GT & was compared to the Porsche 944, at half the cost
You must also consider your (our) bias option of the FD. We think they are worth every penny, while Johnny Q. Public hasn't even heard of it (what they have heard is that rotary engines get poor mileage & are unreliable)
50 years from now???? Think back to what was available 50 years ago. Corvettes, T-Birds, 57 Chevy's comes to mind.
Another "rare" car from that era was the Edsel, not a big demand for that one.
It's extremely rare to find a car that is going to "make" you any money (unless your a used car salesman & turn them quick).
With all that said...........I think the FD will always have the highest resale value of all the RX-7's, hell, all the "rotary" powered RX's.
It just wont be that high.
Demand makes a car collectable. For the past 10 years it has been 60's & early 70's muscle cars. Talk about rare, some are less than a dozen built.
Just because they made a limited # of Bicentennial Pinto's doesn't mean you've got a gold mine on your hands.
Take for example the 84-86 SVO Mustang. Approximately the same number of cars sold as the U.S. FD. While they do have a higher resale over the similar year GT Mustang, they can be had for less than $3K today. A technological marvel that far exceeded the Mustang GT & was compared to the Porsche 944, at half the cost
You must also consider your (our) bias option of the FD. We think they are worth every penny, while Johnny Q. Public hasn't even heard of it (what they have heard is that rotary engines get poor mileage & are unreliable)
50 years from now???? Think back to what was available 50 years ago. Corvettes, T-Birds, 57 Chevy's comes to mind.
Another "rare" car from that era was the Edsel, not a big demand for that one.
It's extremely rare to find a car that is going to "make" you any money (unless your a used car salesman & turn them quick).
With all that said...........I think the FD will always have the highest resale value of all the RX-7's, hell, all the "rotary" powered RX's.
It just wont be that high.
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Perhaps I'm over generalizing, but look at the people paying the big bucks for cars. Middle aged men (40-55). These guys (I'm one of them), have money and are buying the cool stuff from their younger days.
Muscle cars, Harleys (who would of thought of paying 60K or more for a chopper). Hell, I know two guys restoring Honda 90's because they had them as kids. I have run across several people restoring those old KZ 500 3cylinder 2 stroke death machines.
I love muscle cars, I've owned many (how about a 70 Plymouth Superbird), but the prices now are insane. 25k for a 318 auto Barracuda with white interior and white vinly roof? Don't laugh, I've seen it. Many of these cars were never rare and never thought to be a collectable. People thrashed them, and now clean original ones are rare.
The point is, 3rd gen RX7's may never be worth anything, but it really depends on what middle aged dudes are looking for in 2025.
Anyway, anytime I take a part off the car for upgrade or whatever, I store it. Any mods I do wll be done with the capability of returning the car to stock. I am the original owner and have just recently decided to start tinkering with it. Hence, I joined this website!
Muscle cars, Harleys (who would of thought of paying 60K or more for a chopper). Hell, I know two guys restoring Honda 90's because they had them as kids. I have run across several people restoring those old KZ 500 3cylinder 2 stroke death machines.
I love muscle cars, I've owned many (how about a 70 Plymouth Superbird), but the prices now are insane. 25k for a 318 auto Barracuda with white interior and white vinly roof? Don't laugh, I've seen it. Many of these cars were never rare and never thought to be a collectable. People thrashed them, and now clean original ones are rare.
The point is, 3rd gen RX7's may never be worth anything, but it really depends on what middle aged dudes are looking for in 2025.
Anyway, anytime I take a part off the car for upgrade or whatever, I store it. Any mods I do wll be done with the capability of returning the car to stock. I am the original owner and have just recently decided to start tinkering with it. Hence, I joined this website!
#22
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I would guess that in 20 years FDs will be as in demand and valuable as 69 Camaros are today. Are you going to drive yours very little and keep it stock for 20 years? Counting initial cost, maintence, insurance, registration, storage costs, etc.etc. finding a better and safer return for your money is easy.
But then there is more to life than making money (he says as he thinks of his stock FD tucked away in his garage for the winter.)
But then there is more to life than making money (he says as he thinks of his stock FD tucked away in his garage for the winter.)
#23
Eats, Sleeps, Dreams Rotary
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Originally Posted by ReadyKW
The point is, 3rd gen RX7's may never be worth anything, but it really depends on what middle aged dudes are looking for in 2025.
Last edited by moconnor; 03-10-05 at 04:09 PM.
#25
><
I'm still not quite understanding P.E.G, I havea 93 fd brilliant black touring manual car(60kmiles/original engine), totally stock
but I have leather bucket seats/sunroof, and bose acoustic system, from reading an earlier post P.E.G is popular equipment package, or is touring edition way diff from P.E.G? it says P.E.G wasnt made in 93, I'm confused about this, could somone plz explain?
but I have leather bucket seats/sunroof, and bose acoustic system, from reading an earlier post P.E.G is popular equipment package, or is touring edition way diff from P.E.G? it says P.E.G wasnt made in 93, I'm confused about this, could somone plz explain?