3rd Generation Specific (1993-2002) 1993-2002 Discussion including performance modifications and Technical Support Sections.
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CURRENT resale values?

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Old Sep 23, 2006 | 06:09 PM
  #26  
silverTRD's Avatar
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this is the reason you really have to evaluate ur situation and which way you want to go with ur car. im at the point right now where i would actually make money on my car. wow, what a concept.
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Old Sep 23, 2006 | 09:03 PM
  #27  
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From: NJ
This is all really good news... My FD has right around 59.5k miles (it's a '94)... about 2k miles on the rebuilt motor.... and it's only lightly modded -- HKS intake and exhaust, downpipe, coilovers, AST bypass, strut bar, pulley, A-pillar boost gauge, and silicon hoses....

I hadn't checked FD prices in a while, but a couple years back (yes, that's years!) I saw people saying that 12k was good... I'm glad to see that the market is much better now, especially since I've been considering selling mine....
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Old Sep 24, 2006 | 07:39 AM
  #28  
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From: Space Coast Florida
Originally Posted by RX7 8U
A few weeks ago, my neighbor sold his clean 93 MB Touring w/ 100+k miles on the original motor with M3 intake/exh package and RB springs for $19k and a bunch of parts with it. He sold it to a guy in Florida (3000 miles away). Now there are only 2 RX7s left on my street.

I'm the one that got this RX. It's actually a 94. Your neighbor and I have been friends for over 20 years and I remember when he got the car. Back then I told him if he ever wanted to get rid of it let me have first dibs. Well the time came and I picked it up. I have fixed the few deficiencies he told me about and the car runs great and cool. It is a high mileage motor but who cares; these motors cannot be compared to reciprocating and about 60K is the maximum life. 115K no doubt must set a record and the compression is dead nuts. The car was never abused, in fact, probably one of the cleanest I've ever seen.

Value? Consider that these cars are a passion that the aftermarket cannot comprehend nor put value to as they are rare. The maintenance record does not lend them as a family grocery getter and that comes out in the aftermarket value assessment. So, for my case the price paid was a value to me. Seems it's up to what the buyer is willing to absorb for condition, modifications, and drive train / engine life. My stab on market:

less than $10K; body-4, interior-marginal/missing, engine-3, modifications-high (not necessarly correct), CARB road legal-no, consumable (tires, shocks, hoses, belts, etc.) condition-poor.

$10K - $15K; body-6, engine-5, interior- worn / complete, modifications-medium to high, CARB road legal-doubtful, consumables condition- average.

$15K - 20K; body-8, interior-good to excellent, engine-7, modifications- medium (professionally installed and with specific integrated purpose), CARB road legal-probably, consumables condition- good.

Greater than $20K; body-9 to 10, interior-like new, modifications-medium to high (professionally installed and with specific integrated purpose, CARB road legal, yes, consumables condition-new.

My take based on what seen.
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Old Sep 24, 2006 | 11:36 AM
  #29  
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Originally Posted by ttmott
My take based on what seen.
Miles clearly don't matter to you, but they matter a lot to almost everyone else, and generally outweight any other factors you mention by large margin.

While you may have been happy paying $19k for a car with 115k miles because you knew its history, the value you would get one the open market would be far lower. I would expect a mint car with 20-30k miles for that price.

Not questioning your purchase because you are clearly happy with it, but the market has different priorities than you do. There is a reason that the KBB private party value for a 1994 in good condition with 115k miles is close to $14k, while it is $19k for one with 30k miles.
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Old Sep 24, 2006 | 12:29 PM
  #30  
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From: Detroit Metro, MI
what abt a stock mint 94 touring with less than 6000 miles in a very desirable silver/red color combo? ...
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