93-95 RX-7 Sales
Racing is Life.....
Joined: Nov 2001
Posts: 576
Likes: 0
From: Northern California
Some places to start
I'd like to think of myself as someone who tries to keep up with the overall collector car market. Some of what has been said here I agree with, and others are just not true. For example, the Edsel, while not the most desirable car now (just like when it was introduced), has been experiencing a pickup in pricing over the last 5 years. It's still not knocking down big hammer prices, but they've gotten better. How about a 3 milion dollar Oldsmobile? You bet -
http://www.sportscarmarket.com/profi...April/American
If people really want to learn about what cars are really worth, what can drive markets, and what trends are appearing in the collector car market, do yourself a favor and subscribe to Sports Car Market magazine, and also Hemmings. These are good sources of info for what is truely going on.
As far as the RX7 goes, the third gen is currently considered a C investment grade car (on a A-F scale). It is noted for its capabilities and rarity compared to other cars, but it doesn't quite have the panash of a B or A car (B would be a Jaguar E-type, A would be a Ferrari 250 GTO or 250 Tesstarosa). My hunch is that in 20 years it might slip up to B status. There just are not very many Japanese cars that get that certain 'something' that piques the fancy of the market as a whole. Some include the Toyota 2000GT (very cool car, used in a James Bond film and very low quantities produced with nice styling lines), and some of the notable racing cars (the Mazda LeMans 757, the 1984 LeMans C2 class winner, and the Nissan 300 GTP are examples). Big prices require BIG demand and low supply. Every red blooded American boy knows what a AC Cobra is and wants one, but there are only a few hundred out there. Hence they get ~ 300K. Every red blooded boy in the world wants a Ferrari 250 GTO, and there are only ~ 20 around. That's why they get 10 million.
FWIW, Jim Downing regularly sells his race cars (LeMans and others) through SCM. His last 4 rotor with spares he wanted 125K, and this is his current offering:
http://www.sportscarmarket.com/classifieds/American/448
Someone was on crack to put this in the American section, but mistakes happen.
Beast
http://www.sportscarmarket.com/profi...April/American
If people really want to learn about what cars are really worth, what can drive markets, and what trends are appearing in the collector car market, do yourself a favor and subscribe to Sports Car Market magazine, and also Hemmings. These are good sources of info for what is truely going on.
As far as the RX7 goes, the third gen is currently considered a C investment grade car (on a A-F scale). It is noted for its capabilities and rarity compared to other cars, but it doesn't quite have the panash of a B or A car (B would be a Jaguar E-type, A would be a Ferrari 250 GTO or 250 Tesstarosa). My hunch is that in 20 years it might slip up to B status. There just are not very many Japanese cars that get that certain 'something' that piques the fancy of the market as a whole. Some include the Toyota 2000GT (very cool car, used in a James Bond film and very low quantities produced with nice styling lines), and some of the notable racing cars (the Mazda LeMans 757, the 1984 LeMans C2 class winner, and the Nissan 300 GTP are examples). Big prices require BIG demand and low supply. Every red blooded American boy knows what a AC Cobra is and wants one, but there are only a few hundred out there. Hence they get ~ 300K. Every red blooded boy in the world wants a Ferrari 250 GTO, and there are only ~ 20 around. That's why they get 10 million.
FWIW, Jim Downing regularly sells his race cars (LeMans and others) through SCM. His last 4 rotor with spares he wanted 125K, and this is his current offering:
http://www.sportscarmarket.com/classifieds/American/448
Someone was on crack to put this in the American section, but mistakes happen.
Beast
Senior Member
Joined: Feb 2003
Posts: 507
Likes: 0
From: Voorhees, NJ
Originally Posted by Beast From The East
I'd like to think of myself as someone who tries to keep up with the overall collector car market. Some of what has been said here I agree with, and others are just not true. For example, the Edsel, while not the most desirable car now (just like when it was introduced), has been experiencing a pickup in pricing over the last 5 years. It's still not knocking down big hammer prices, but they've gotten better. How about a 3 milion dollar Oldsmobile? You bet -
http://www.sportscarmarket.com/profi...April/American
If people really want to learn about what cars are really worth, what can drive markets, and what trends are appearing in the collector car market, do yourself a favor and subscribe to Sports Car Market magazine, and also Hemmings. These are good sources of info for what is truely going on.
As far as the RX7 goes, the third gen is currently considered a C investment grade car (on a A-F scale). It is noted for its capabilities and rarity compared to other cars, but it doesn't quite have the panash of a B or A car (B would be a Jaguar E-type, A would be a Ferrari 250 GTO or 250 Tesstarosa). My hunch is that in 20 years it might slip up to B status. There just are not very many Japanese cars that get that certain 'something' that piques the fancy of the market as a whole. Some include the Toyota 2000GT (very cool car, used in a James Bond film and very low quantities produced with nice styling lines), and some of the notable racing cars (the Mazda LeMans 757, the 1984 LeMans C2 class winner, and the Nissan 300 GTP are examples). Big prices require BIG demand and low supply. Every red blooded American boy knows what a AC Cobra is and wants one, but there are only a few hundred out there. Hence they get ~ 300K. Every red blooded boy in the world wants a Ferrari 250 GTO, and there are only ~ 20 around. That's why they get 10 million.
FWIW, Jim Downing regularly sells his race cars (LeMans and others) through SCM. His last 4 rotor with spares he wanted 125K, and this is his current offering:
http://www.sportscarmarket.com/classifieds/American/448
Someone was on crack to put this in the American section, but mistakes happen.
Beast
http://www.sportscarmarket.com/profi...April/American
If people really want to learn about what cars are really worth, what can drive markets, and what trends are appearing in the collector car market, do yourself a favor and subscribe to Sports Car Market magazine, and also Hemmings. These are good sources of info for what is truely going on.
As far as the RX7 goes, the third gen is currently considered a C investment grade car (on a A-F scale). It is noted for its capabilities and rarity compared to other cars, but it doesn't quite have the panash of a B or A car (B would be a Jaguar E-type, A would be a Ferrari 250 GTO or 250 Tesstarosa). My hunch is that in 20 years it might slip up to B status. There just are not very many Japanese cars that get that certain 'something' that piques the fancy of the market as a whole. Some include the Toyota 2000GT (very cool car, used in a James Bond film and very low quantities produced with nice styling lines), and some of the notable racing cars (the Mazda LeMans 757, the 1984 LeMans C2 class winner, and the Nissan 300 GTP are examples). Big prices require BIG demand and low supply. Every red blooded American boy knows what a AC Cobra is and wants one, but there are only a few hundred out there. Hence they get ~ 300K. Every red blooded boy in the world wants a Ferrari 250 GTO, and there are only ~ 20 around. That's why they get 10 million.
FWIW, Jim Downing regularly sells his race cars (LeMans and others) through SCM. His last 4 rotor with spares he wanted 125K, and this is his current offering:
http://www.sportscarmarket.com/classifieds/American/448
Someone was on crack to put this in the American section, but mistakes happen.
Beast
Senior Member
Joined: Feb 2003
Posts: 507
Likes: 0
From: Voorhees, NJ
Originally Posted by bee
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.
New Jersey • March 10, 2005
1993 Mazda RX-7 Coupe 2D
Engine: Twin Turbo Rotary
Trans: 5 Speed Manual
Drive: Rear Wheel Drive
Mileage: 18,000
Equipment
Air Conditioning
Power Steering
Power Windows
Power Door Locks
Cruise Control
AM/FM Stereo
Cassette
ABS (4-Wheel)
Alloy Wheels
Retail Value Search Local Listings for This Car $13,550
I realize that the kbb is not the best indicator of value, but it at least shows that $13k for an fd with 18,000 miles is not totally unheard of.
Senior Member
Joined: Jan 2003
Posts: 587
Likes: 2
From: Sydney, Australia
Like most new car launches.
Mazda sold most FD's in 1992. You will then find the 93 model sales drop off considerably with the 94 sales dropping again & finally the 95 sales just a trickle. (by USA standards)
Because 93 model sales dropped off so much compared to 92 model sales. That was enough to force Ford into dropping the RX-7 at the end of the "series-6" (92-95) lifespan for the USA market, regardless of what Mazda wanted.
Australia was the only country outside Japan to get the "series-7" version (96-98)
Mazda sold most FD's in 1992. You will then find the 93 model sales drop off considerably with the 94 sales dropping again & finally the 95 sales just a trickle. (by USA standards)
Because 93 model sales dropped off so much compared to 92 model sales. That was enough to force Ford into dropping the RX-7 at the end of the "series-6" (92-95) lifespan for the USA market, regardless of what Mazda wanted.
Australia was the only country outside Japan to get the "series-7" version (96-98)
I wouldn't say 7s are for investment.. But by time, it could be. Last couple of years, I've met people in the mid to late 20s saying, "when this car first came out, I really wanted one".. and they go out and get it.. Like I did at my late 20s.
Point is, these cars are getting more rare every year. And I think someday market will change. The whole exotic Euro car era will end and Asian Car era will began.. Ok.. maybe not..
Either case, I love these cars!! As long as I love them, I don't give a damn if it drops down to $2k or $20k.. I'll be keeping my 7s for awhile.
Point is, these cars are getting more rare every year. And I think someday market will change. The whole exotic Euro car era will end and Asian Car era will began.. Ok.. maybe not..
Either case, I love these cars!! As long as I love them, I don't give a damn if it drops down to $2k or $20k.. I'll be keeping my 7s for awhile.
Full Member
Joined: Nov 2004
Posts: 71
Likes: 0
From: Seaford, Va.
Originally Posted by Tenacious
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?
For the 93 model year the choices were TOURING (sunroof, leather, bose, automatic optional, cruise control), BASE (slicktop, cloth, 5 sp.), R1 (suede seats, slicktop, stabilizer bar, stiffer suspension, 2 oil coolers, 5sp, front and rear spoiler, no cruise control).
For the 94 model year the choices were PEG (moonroof, leather, bose, automatic optional), BASE (slicktop, cloth, 5sp.) R2 (suede, slicktop, stabilizer bar, stiffer suspension (although less stiff than 93), 2 oil coolers, 5 sp, front and rear spoiler, no cruise control).
For the 95 model year essentially the same as above but I believe you could get them more a la carte. To that end I would like to note that I have seen variations. I once looked at a 93 that had the bose and leather, rear spoiler, and did NOT have a sunroof - yes it was all original - owned by an older couple. I am sure you could get the spoiler added at the dealership but the hardtop threw me off.
I am sure people will add to this but I hope this clears some things up.......You have a touring model.....
Lives on the Forum
Joined: Dec 2001
Posts: 14,716
Likes: 10
From: San Lorenzo, California
Yep, the PEG package disappeared during the 94 model year and was replaced with the PEP package, which was also used for the 95 model year. I have a 95 PEP, and like Adamc, have leather, sunroof, but no Bose or rear wiper. I do have fogs though, which may have been a change to the PEP package or a standalone option.
Super Snuggles
Joined: Feb 2001
Posts: 10,091
Likes: 34
From: Redmond, WA
Originally Posted by rynberg
I do have fogs though, which may have been a change to the PEP package or a standalone option.
The Bose system was discontinued for all cars at some point. No '95s had Bose to my knowledge, but the PEP package included a CD player in addition to the standard tape deck, AFAIK.
Lives on the Forum
Joined: Dec 2001
Posts: 14,716
Likes: 10
From: San Lorenzo, California
Originally Posted by jimlab
I think the foglights may have been a dealer installed option, like the aluminum door sill plates. My '95 PEP came with both.
The Bose system was discontinued for all cars at some point. No '95s had Bose to my knowledge, but the PEP package included a CD player in addition to the standard tape deck, AFAIK.
The Bose system was discontinued for all cars at some point. No '95s had Bose to my knowledge, but the PEP package included a CD player in addition to the standard tape deck, AFAIK.
Details on the 95s seem to be vague -- not only did Mazda hardly sell any but they were changing packages around several times.
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