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Did FD prices drop or something?

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Old Nov 7, 2004 | 09:34 AM
  #1  
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Did FD prices drop or something?

This last month I think this is the most I have ever seen people posting about acquiring an FD.

Not saying it bad...Just wondering if prices dropped, or maybe banks changed their policy on loans, or maybe the long time owners getting sick of the headache and letting it go for cheap.
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Old Nov 7, 2004 | 09:46 AM
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Well this time of year definately hurts the price of any sportscar. Another big factor is the C5 dropping into the 15-17k range.
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Old Nov 7, 2004 | 12:05 PM
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On ebay I am seeing many 7s not even reaching 10k when the auction is about to end, Its been dropping pretty much
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Old Nov 7, 2004 | 12:13 PM
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nah, i seen fd's go for about 13-14k in pretty good condition with decent miles etc etc..

all the fd's i seen that are about 10k or below are in pretty bad shape..
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Old Nov 7, 2004 | 12:15 PM
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i was reading a thread like last month and two guys were arguing because one said that it wasnt possible to sell a 7 under 20K and another said it was and he found the cheapest one and it was like 8K.
now i am seeing them for under 10K, they aren't the worst, but not the bes. if you want to modify it and put a bunch of aftermarket things into it, then they are good for that. only hevily modified or show cars go for over 20K. that i have seen.
i would say they've dropped....plz dont raise the prices.

sry about the double post, dont know how that happened
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Old Nov 7, 2004 | 01:42 PM
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We've got a lot of low ballers and 16 year olds that want to pick up these cars as well. Of course the car is still depreciating and we are in the winter months now.
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Old Nov 7, 2004 | 02:19 PM
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jack them prices back up! the FD should be selling for much more than currently. not longer than 1 year ago they were all going for $17-24k. we all deserve it...
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Old Nov 7, 2004 | 02:41 PM
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yes, this is where we all have to stick together and put our foots down. noone shall never sell under 15k and this is for a running healthy fd no matter how many miles on the chasis.
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Old Nov 7, 2004 | 02:43 PM
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i sure as hell wouldnt sell mine for under 20k
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Old Nov 7, 2004 | 02:50 PM
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Originally Posted by djseven
Well this time of year definately hurts the price of any sportscar. Another big factor is the C5 dropping into the 15-17k range.
Doing a search on www.autotrader.com didn't find any C5 vettes under $17,900 within 300 miles of me.

$15-17K is a bit of an exaggeration for my area. Maybe $18-25K for the older ones. I'm sure some of those "cheap" vettes are salvage, high mileage or in otherwise poor shape.
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Old Nov 7, 2004 | 02:51 PM
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Originally Posted by turbojeff
Doing a search on www.autotrader.com didn't find any C5 vettes under $17,900 within 300 miles of me.

$15-17K is a bit of an exaggeration for my area. Maybe $18-25K for the older ones. I'm sure some of those "cheap" vettes are salvage, high mileage or in otherwise poor shape.
Vette's are also a dime a dozen.
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Old Nov 7, 2004 | 02:58 PM
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Originally Posted by scratchjunkie
.......stick together and put our foots down.....
Hehe, "foots"
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Old Nov 7, 2004 | 03:06 PM
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foots as in owner of that foot hahaha. did i forget a hyphen?
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Old Nov 7, 2004 | 03:07 PM
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i drove mine home for 7g last year. Needed paint and i rebuilt the engine (oil control ring).

I like doing it in small upgrade steps and i get to choose what i want on the car this way too.
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Old Nov 7, 2004 | 04:07 PM
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yeah, i guess it makes the fd "not soo special" afterall..

i know these cars are a piece of history, lengendary status if you will but about another year or 2, pretty much any normal joe can get one of these cars for about 8gs or so..

look at the MKIV's and nsx's, even vr4's.. those are WELL above the 20k mark..

i dont get it
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Old Nov 7, 2004 | 04:11 PM
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well i onl seen like 4 fds so ever theyre scarce in nawlins, dont see any sale either. but online people sellin them for like 7k-11k
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Old Nov 7, 2004 | 04:12 PM
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it's the reliability that kills the prices of the fd
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Old Nov 7, 2004 | 04:14 PM
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yeah, but the nsx started out as a $90k car.

The FD is holding its value pretty well. The crappy ones will go for $10k and need a new motor or new turbos or new paint or all of the above and then some.

The reliable ones are hard to come by for under $15k.

As far as the VR4, you can get one for $1,500-2000 needing work, ~$4-5k in decent reliable shape and ~$8k for one needing nothing. It started out as a $25k car.

At 10 years, I think most cars have hit the bottom of their depreciation curve and their values seem to flatten.
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Old Nov 7, 2004 | 04:28 PM
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yeah but at the time of arrival for the fd, the MKIV was i believe a few g's more than the fd..

but now they lost about like what 30 percent in value?

you can get like a 95 MKIV TT with like 70k miles for like 25k, thats great..

compare that to 93 or even 94 fd with 70k miles, they go for like 13k..

i think the 95's are the only hope we have but how many are left?
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Old Nov 7, 2004 | 04:31 PM
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i ahve a 95 in great shape probably one fo the best lol. just reached 80k on it not planning on giving it away but if i had to no less then 23k
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Old Nov 7, 2004 | 04:39 PM
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Originally Posted by RuffRyder
no less then 23k
Good luck finding someone willing to pay double the book value for it.
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Old Nov 7, 2004 | 04:45 PM
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I have a 93 R1 with just under 27thousand on her and i wouldn't let it go for less then 20 with or without my mods (even tho there isnt too much done). Just a sentimental kind of thing, I'm only 18 so i expect to keep it to im atleast hmm 95...ish
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Old Nov 7, 2004 | 04:48 PM
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Originally Posted by RX7 RAGE
it's the reliability that kills the prices of the fd
Not to mention age.
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Old Nov 7, 2004 | 04:50 PM
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Originally Posted by jimlab
Not to mention age.
yea, that too.
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Old Nov 7, 2004 | 04:52 PM
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Originally Posted by jimlab
Good luck finding someone willing to pay double the book value for it.
True. A 1995 R1 with 80k miles would probably go for $14k or so.

I'm mystified at all these people who think their car is worth $20-$25k. Where do these prices come from? Did FDs sell in this range in the recent past? The most I have ever seen an FD go for in the last year is $19k for a showroom condition 41k mile 1994, and that was at a Mazda dealer in the SF Bay Area.

$18k is about the absolute upper limit for any FD sold by a private party and it would need to have very low miles (30k or less) to even reach this.
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