Black R1 with 56k, Buy or Don't Buy?
#26
reliable performance
Join Date: Feb 2001
Location: MA, USA
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I'm sorry. Let me correct myself. I entered the wrong data at KBB.
It's shows a private party sale price for a 93 FD in Mill Valley, CA in excellent condition at $15,930.
But my point still stands. These cars depreciate. Virtually all cars do...Corvettes, BMW M3, 350Z's, Lotus Elises. A KBB track of my car over the years, and even the last 4, has shown a steady depreciation. For moconnor to claim that his car is suddenly showing that's it's appreciating while others continue to depreciate is nonsensical.
#27
reliable performance
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Gimme a break. These prices guides are used all the time. They don't have the value of every car freaking memorized. If you drive into a dealership and want to trade in your car how do you think they arrive at a value to offer you?
Have you ever gone from one dealership to the next to see a trade in value on your car? I have. What two different ones will offer you is remarkably close. They come up with a figure right away. They don't call an auction or wait to go to one.
#29
Eats, Sleeps, Dreams Rotary
iTrader: (14)
https://www.rx7club.com/showthread.p...+book+increase
I'll need to dig a little more through my notes, but I think I actually had a mid $17k valuation after this realignment.
Check out posts by djseven or Fritz in the FS section - they both sell lots of these cars and have a very good sense of the market, e.g., https://www.rx7club.com/showpost.php...7&postcount=21
I'm still curious if you think that an FD with 5 miles has the same market value as an FD with 50k miles. KBB says so.