The FD is about to explode in value :)
12-19-11, 02:37 PM
#26
FDs aren't just any import cars. To alot of people they are THE import car. People will pay for them as long as their are cherry examples around.
You'll have problems finding a specialist to work on any classic car. Once FDs enter the realm of a true classic car, their owners will put up with more than the majority of us would to maintain their cars and IMO their appeal will be right up there with a 69 Camaro. Maybe even more so because a 7 can't lose.
You'll have problems finding a specialist to work on any classic car. Once FDs enter the realm of a true classic car, their owners will put up with more than the majority of us would to maintain their cars and IMO their appeal will be right up there with a 69 Camaro. Maybe even more so because a 7 can't lose.
12-19-11, 02:43 PM
#27
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lots of good points in this thread!
my other car is a 1958 Triumph Tr3. in the decade or so i've owned it the value of the car basically HAS doubled. so for the FD to do the same is possible.
with the Tr3, supply is good. parts are easy. i just looked on Ebay, and there aren't any, but its not really convertible season, in the spring/summer there will be 5-8 of them on there.
basically the question mark to the FD going up is the demand side, and you'd have a hard time figuring that out looking in your garage
my other car is a 1958 Triumph Tr3. in the decade or so i've owned it the value of the car basically HAS doubled. so for the FD to do the same is possible.
with the Tr3, supply is good. parts are easy. i just looked on Ebay, and there aren't any, but its not really convertible season, in the spring/summer there will be 5-8 of them on there.
basically the question mark to the FD going up is the demand side, and you'd have a hard time figuring that out looking in your garage
12-19-11, 02:47 PM
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Exactly to what I'm thinking, there are other cars out there that you can get and spend your money on. This will be subject to debate as to preference, but owning the FD would be more of an emotional attachment, than to say it will command top dollars as it might enter collector status.
12-19-11, 03:00 PM
#30
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Currently enjoying both of my low mileage R2s. The only time I sit on them is when I'm driving them. In 10 years I'll happily pay 50k for another low mileage r1/r2 to DD or track
12-19-11, 03:09 PM
#32
There does seem to be a mini-trend of previous owners (older, better financed big-list types, that "moved on" to Lotuses, Corvettes, or Porsches a few years ago) coming back and buying the cars again. Kind of balancing the the broke dreamer types that bought a lot over the past few years. People are remembering/rediscovering how good these cars are.
We'll see.
We'll see.
12-19-11, 03:13 PM
#33
Would be nice but I don't see it happening. I think NSX's, Supras and the last of the air cooled 911's will be the collectible's from the FD's era while the FD will appeal to a smaller and smaller crowd with the average car enthusiast remembering a neat little Mazda plagued with problems and neglectful owners.
12-19-11, 03:42 PM
#34
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i doubt it will happen. i've also seen rolling shells decrease in value over the last 5-7 years. the prime non molested examples will be the only exception and i still highly doubt they will come close to doubling in value, unless you count inflation..
the car already has a higher resale value over many new cars after only a year after driving them off the lot. you can't really expect much more than that.
if you realistically think people are going to pay $25k+ for an FD, i really don't know what to say to argue the point. you can build just about any car into your dream car with a little time effort and some cash. i have never really seen even a single FD that didn't have at least one issue with the car.. they all have something, beit the nonexistent map cover, center vent, broken door handle, door tin canning due to broken support bead, suspension popping, original engine about to give out, you name it.
the real reason i say this is because i know MANY people over the years ask reasonable prices for their cars and they could not even fetch blue book value. instead they either kept the car and garaged it or parted them out. that to me does not seem like the market exploding with people looking for nice clean FD's. more like people looking for a nice chassis to drop an LS into for less than $10k.
sorry but i REALLY am not seeing it.
only way it may happen is if the economy miraculously explodes and people start walking around with $50k+ bank accounts burning holes in their pants. right now people are working 2 jobs just to keep the house. in all honesty i don't see the economy ever fully recovering.
the second generation TII models are also becoming very scarce as the drift kids plant them into walls, but even assuming you will get more than $3.5k for a nice example is a pipe dream unless you find one of the very few people with cash looking at that exact moment in time. i won't even mention the non turbo models, you can't give them away. look at the REPU, less than 2500 produced from 1974 through 1977 yet even fully restored you'd be lucky to get $6k. yes i know those examples don't quite compare but my point is people aren't spending top dollar for cars these days, yet i see people asking well beyond current value all the time with their ads being bumped daily, weekly, monthly.
just because the cars are getting older doesn't mean you'll be lucky enough to find that one in a million person who just hit the lottery and want to buy EXACTLY your car for an exorbitant price. i just see this as a false hope thread, sorry. they will continue to appreciate in value, but not nearly at an exponential rate.
the car already has a higher resale value over many new cars after only a year after driving them off the lot. you can't really expect much more than that.
if you realistically think people are going to pay $25k+ for an FD, i really don't know what to say to argue the point. you can build just about any car into your dream car with a little time effort and some cash. i have never really seen even a single FD that didn't have at least one issue with the car.. they all have something, beit the nonexistent map cover, center vent, broken door handle, door tin canning due to broken support bead, suspension popping, original engine about to give out, you name it.
the real reason i say this is because i know MANY people over the years ask reasonable prices for their cars and they could not even fetch blue book value. instead they either kept the car and garaged it or parted them out. that to me does not seem like the market exploding with people looking for nice clean FD's. more like people looking for a nice chassis to drop an LS into for less than $10k.
sorry but i REALLY am not seeing it.
only way it may happen is if the economy miraculously explodes and people start walking around with $50k+ bank accounts burning holes in their pants. right now people are working 2 jobs just to keep the house. in all honesty i don't see the economy ever fully recovering.
the second generation TII models are also becoming very scarce as the drift kids plant them into walls, but even assuming you will get more than $3.5k for a nice example is a pipe dream unless you find one of the very few people with cash looking at that exact moment in time. i won't even mention the non turbo models, you can't give them away. look at the REPU, less than 2500 produced from 1974 through 1977 yet even fully restored you'd be lucky to get $6k. yes i know those examples don't quite compare but my point is people aren't spending top dollar for cars these days, yet i see people asking well beyond current value all the time with their ads being bumped daily, weekly, monthly.
just because the cars are getting older doesn't mean you'll be lucky enough to find that one in a million person who just hit the lottery and want to buy EXACTLY your car for an exorbitant price. i just see this as a false hope thread, sorry. they will continue to appreciate in value, but not nearly at an exponential rate.
I've bought and sold more of these cars in the last 2 years then most people have in their life time and I'm slowing down 
The bottom in the market was about 3 years ago which was about the same time I paid 22k for my R2 with 8600 miles. Note it also came with 15k plus in nice mods and custom work along with all the stock parts. Since then the prices have been steadily rising but IMO they are about to go much higher for nice cars. I could care less about modded junked up, rusted, repainted trash but clean low mileage cars will be worth and sell for 30k in the next 5 to 10 years. These same cars are selling for 15k and up today. I think the R2 I bought for 22k would sell for 30 today if it still had 8600 miles.
I can't wait to buy a RHD spirit R so I can take all the good things off of it and put them on one or two of my cars. Again no way am I driving a RHD car if there are LHD cars available. I also think there are 100s of other people like me who will want these cars here in the states as well so the value might be low now but give it time.
The guys that will buy these low mileage nice cars over the next 20 years are people who know this car/rotaries and want to own it/one again not someone who's unfamiliar with rotaries. This isn't a mustang that thousands were made each month remember there are probably less than 7k currently registered in the states and there are probably more 1967 mustangs on the road.
Again I may be completely off base but when I look there's nothing out there that I want (would give up either of my cars for) and there used to always be at least one or two cars I was considering. So again SUPPLY and DEMAND it's that simple. We all know the demand is there and the supply is getting thin so buy your dream FD now or pay a lot more later
The other thing that I'm always going on about is how special this car is to drive. However in this area I may be completely bonkers because I prefer it over my RS but as they say it is what it is
12-19-11, 04:10 PM
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Would be nice but I don't see it happening. I think NSX's, Supras and the last of the air cooled 911's will be the collectible's from the FD's era while the FD will appeal to a smaller and smaller crowd with the average car enthusiast remembering a neat little Mazda plagued with problems and neglectful owners.
Those cars you mentioned are collectables now so that's pretty much a lay up.
However I believe a collector grade FD will surpass a collector grade Supras in 20 years.
My FD addiction could breed some serious ignorance when discussing anything about this or any topic related to this car because I'm currently suffering from track withdrawal and talking smack about this car is therapy so please try to understand
One thing is for sure though once you've made the FD your track pipe you'll be singing in the same choir with me This car isn't just another little Mazda it's THE LITTLE MAZDA
12-19-11, 04:28 PM
#36
Just because are cars are rare and has some sort of heritage because of the rotary (if your fd even has the rotary still lol), it won't triple in value. Not ever.
Like someone said our cars target a very small few. Look at the community now, that's proof enough.
With other cars like the charger and camaro, they target everyone. I mean the all american v8 in an american car, that's always gonna fly in terms of value.
Maybe just maybe our value will double but that's for the true rare color combo super low mileage stock with original tires type of deal. Other than that, Uhh no.
12-19-11, 05:12 PM
#37
I think the small crowd around the rotaries actually has the potential to bring up the value a bit, not triple, but definitely not decrease. The way I see it, is since rotaries, FD's in particular are such niche cars, when people want them, they will get them. There is literally no substitute. So in my opinion (all be it, i'm not overly educated on the economy) should that not make them at least a little more valuable?
And regarding the aspect of cheaper to obtain JDM cars coming into the US market, I can speak from first hand experience, as in Canada, this phase has already taken place. In Canada, a JDM FD and a CDM FD are hardly considered the same car. Yes, they are both rx-7s, virtually the same appearance, but they are not by any means the same. Someone who wants an rx7 for the sake of owning an rx7, will buy a JDM since it's cheaper. Then there are the selective people (and trust me, I know alot) who would never, by any means, own a RHD vehicle. So what i'm saying is that there is a very very distinct line between JDM and CDM here. People often shrug off the JDMs as a joke. That being said, I'm not exactly sure how this will affect the value of your cars. It seems that your cars are priced similar to the JDMs up here. In canada, people will pay much much more for a LHD. Your average jdm, in good running condition will probably start off at around 10k vs it's CDM counterpart starting off at a base price of 15k, expect to pay 20k for one in quite good condition, and upwards of 24-25k for a good condition, pushing reliable power. Obviously there are the 40-50k plus cars with tons of work put into them, but these are a category of their own. And the bagged to **** crap is just sort of there.. highschool kids buy it with pipe dreams of a 700hp quad rotor monster then sell it in a month after realizing that there job at Zellers wont support that.
I'm also just going to add, i own a fairly good condition jdm fd. Would i prefer a cdm? Yes. But as a uni student, the extra 5000 dollars for a car to be driven for 4 of 12 months of the year just doesn't seem reasonable. And from comments on the first page.. rhd is very quick to get used to. In the summer, I go back and forth from rhd and lhd sometimes a few times a day. It's really not as complex as people put it out to be lol.
And regarding the aspect of cheaper to obtain JDM cars coming into the US market, I can speak from first hand experience, as in Canada, this phase has already taken place. In Canada, a JDM FD and a CDM FD are hardly considered the same car. Yes, they are both rx-7s, virtually the same appearance, but they are not by any means the same. Someone who wants an rx7 for the sake of owning an rx7, will buy a JDM since it's cheaper. Then there are the selective people (and trust me, I know alot) who would never, by any means, own a RHD vehicle. So what i'm saying is that there is a very very distinct line between JDM and CDM here. People often shrug off the JDMs as a joke. That being said, I'm not exactly sure how this will affect the value of your cars. It seems that your cars are priced similar to the JDMs up here. In canada, people will pay much much more for a LHD. Your average jdm, in good running condition will probably start off at around 10k vs it's CDM counterpart starting off at a base price of 15k, expect to pay 20k for one in quite good condition, and upwards of 24-25k for a good condition, pushing reliable power. Obviously there are the 40-50k plus cars with tons of work put into them, but these are a category of their own. And the bagged to **** crap is just sort of there.. highschool kids buy it with pipe dreams of a 700hp quad rotor monster then sell it in a month after realizing that there job at Zellers wont support that.
I'm also just going to add, i own a fairly good condition jdm fd. Would i prefer a cdm? Yes. But as a uni student, the extra 5000 dollars for a car to be driven for 4 of 12 months of the year just doesn't seem reasonable. And from comments on the first page.. rhd is very quick to get used to. In the summer, I go back and forth from rhd and lhd sometimes a few times a day. It's really not as complex as people put it out to be lol.
Last edited by Mitchocalypse; 12-19-11 at 05:15 PM.
12-19-11, 05:12 PM
#38
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This.
Just because are cars are rare and has some sort of heritage because of the rotary (if your fd even has the rotary still lol), it won't triple in value. Not ever.
Like someone said our cars target a very small few. Look at the community now, that's proof enough.
With other cars like the charger and camaro, they target everyone. I mean the all american v8 in an american car, that's always gonna fly in terms of value.
Maybe just maybe our value will double but that's for the true rare color combo super low mileage stock with original tires type of deal. Other than that, Uhh no.
Just because are cars are rare and has some sort of heritage because of the rotary (if your fd even has the rotary still lol), it won't triple in value. Not ever.
Like someone said our cars target a very small few. Look at the community now, that's proof enough.
With other cars like the charger and camaro, they target everyone. I mean the all american v8 in an american car, that's always gonna fly in terms of value.
Maybe just maybe our value will double but that's for the true rare color combo super low mileage stock with original tires type of deal. Other than that, Uhh no.
At some point the engine will only matter to rotaries gurus/enthusiast or people that want it completely original however there will be a strong desire for this car in original trim especially something like a CYM so I could easily see someone buying one at an auction for 75k plus. More importantly similar to the 240z and currently the e30 m3 and FD the engine is swapped for something with more power and the chassis is cherished which is why I predict the price for a roller to come up a lot in the next 2 or 3 years. There is a huge demand for this car and there is a short supply which means the value will go UP!
I'm not saying the value will go up 2 fold in 2 or 3 years I'm saying 2 fold in 10 years.
Watch the low mileage black R1s won't be around this summer. Someone will have spent 25k plus to buy them which is unheard of in this economy.
12-19-11, 05:28 PM
#40
and it was only a few days ago that i was argued against the value of a cosmo 110s which is a much more rare real classic. people will buy what they want and pay what they want. only low mile unmolested FDs will fetch premiums and even then will be hard pressed to find buyers willing to spend the kind of cash we're talking about here.
everyone has their own opinion. i would rather find a nice old fairlady chassis(talking OLD! not the shitty fat Z series) and drop a turbo 13B into it for much less and have an equally unique looking car.
i just don't know, those old roadsters make me drool more than an FD does even though you don't see either everyday. i can say this though, you would get more looks in the "1600" fairlady than in a bone stock FD. sure it won't handle like an FD but rip the top off, and drive around in a real classic with 300whp will be just as fun.
wanna know what? if anyone has a clean resto project 1600 roadster(read as blown or no engine or tranny, exterior and top clean) i'll trade my TII for it right now.
everyone has their own opinion. i would rather find a nice old fairlady chassis(talking OLD! not the shitty fat Z series) and drop a turbo 13B into it for much less and have an equally unique looking car.
i just don't know, those old roadsters make me drool more than an FD does even though you don't see either everyday. i can say this though, you would get more looks in the "1600" fairlady than in a bone stock FD. sure it won't handle like an FD but rip the top off, and drive around in a real classic with 300whp will be just as fun.
wanna know what? if anyone has a clean resto project 1600 roadster(read as blown or no engine or tranny, exterior and top clean) i'll trade my TII for it right now.
Last edited by RotaryEvolution; 12-19-11 at 05:41 PM.
12-19-11, 06:24 PM
#41
And here we have the glass 1/2 empty
At some point the engine will only matter to rotaries gurus/enthusiast or people that want it completely original however there will be a strong desire for this car in original trim especially something like a CYM so I could easily see someone buying one at an auction for 75k plus. More importantly similar to the 240z and currently the e30 m3 and FD the engine is swapped for something with more power and the chassis is cherished which is why I predict the price for a roller to come up a lot in the next 2 or 3 years. There is a huge demand for this car and there is a short supply which means the value will go UP!
I'm not saying the value will go up 2 fold in 2 or 3 years I'm saying 2 fold in 10 years.
Watch the low mileage black R1s won't be around this summer. Someone will have spent 25k plus to buy them which is unheard of in this economy.
At some point the engine will only matter to rotaries gurus/enthusiast or people that want it completely original however there will be a strong desire for this car in original trim especially something like a CYM so I could easily see someone buying one at an auction for 75k plus. More importantly similar to the 240z and currently the e30 m3 and FD the engine is swapped for something with more power and the chassis is cherished which is why I predict the price for a roller to come up a lot in the next 2 or 3 years. There is a huge demand for this car and there is a short supply which means the value will go UP!
I'm not saying the value will go up 2 fold in 2 or 3 years I'm saying 2 fold in 10 years.
Watch the low mileage black R1s won't be around this summer. Someone will have spent 25k plus to buy them which is unheard of in this economy.
Just think about it. Our cars target a small few, those who are willing to take on the task of owning a rotary. In 10, 20, or even 30 years time, do you really think there will be a pristine stock FD around? Just look at the market now. Look at the FDs for sale.
When you watch barrett jackson and mecum and you see those rare cars, (even if its not the million dollar ones), its pristine. Original engine and everything original is what makes people bid on the cars.
So in a decade or 2 from now, you really think the engines in our cars are going to still be there? lol
The chassis mileage would have racked up, people would have modified it, engines would have been replaced, misc parts not original because of owner overlook or basically part not available anymore, theres no way the car enthusiast of THAT DAY (remember looking ahead a decade or 2 from now) that will take a chance in owning a car that was once a headache to deal with NOW, to having to deal with a headache probably even far greater at that time, a decade or 2 from now.
Like i said our cars are rare, one of the best looking cars around but because the fact that its a rotary, will hinder the value ever increasing.
I can def see an LSx swapped FD in immaculate condition going for 50-60 10,20 years from now. But a modified rotary FD, probably not. Unless it has some sentimental value like peter farrell supercars FD etc etc.
12-19-11, 06:44 PM
#42
there is a lack of special edition cars and supporting documentation.
Classic lemans and camaros, mustangs are not worth THAT much, its the judges, GTOs, COPO/ Yenkos, SSs, z28s, Shelbys, BOSS , etc- and they are documented cars that can be verified.
there is nothing really like that for these cars. So what if PF modified a car once, the parts put in there are probably gone and no one will know who he was anyhow.
12-19-11, 07:14 PM
#43
there is a lack of special edition cars and supporting documentation.
Classic lemans and camaros, mustangs are not worth THAT much, its the judges, GTOs, COPO/ Yenkos, SSs, z28s, Shelbys, BOSS , etc- and they are documented cars that can be verified.
there is nothing really like that for these cars. So what if PF modified a car once, the parts put in there are probably gone and no one will know who he was anyhow.
Classic lemans and camaros, mustangs are not worth THAT much, its the judges, GTOs, COPO/ Yenkos, SSs, z28s, Shelbys, BOSS , etc- and they are documented cars that can be verified.
there is nothing really like that for these cars. So what if PF modified a car once, the parts put in there are probably gone and no one will know who he was anyhow.
Our cars have zero chance then. I was trying to keep hope alive.
12-19-11, 07:21 PM
#44
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my main concern over the next few years is finding new factory parts.
May be Ray can chime in on what the parts market looks like for the next 5-10 years.
What happens when you can't find a gauge hood that's not busted up?
May be Ray can chime in on what the parts market looks like for the next 5-10 years.
What happens when you can't find a gauge hood that's not busted up?
12-19-11, 08:19 PM
#45
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I like talking about investments.....so talking about a car as an investment....is really dumb to me.
I can't think of any cars that go up in value really....even really old rare ones don't go up in value. They go up in depreciating currency....but its far from an investment.
Price the FD is barrels of oil.....or corn....or gold....or silver....or etc. I believe the FD will go down in value......you will be able to purchase less food/oil/natgas/gold/silver in the future. Investing is being able to purchase more "crap" than before.
For instance. Let's take that corvette that someone bought new in the 1960's.....I don't know what they cost new....let's say $4,000.
in terms of gold....they paid a whopping 133 oz of gold for that car. today....that car would need to sell for more than $212,800.
Let's price it in terms of oil. in the 1960's oil was $3/barrel......that's 1,333 barrels of oil......today...around $90/barrel....the car would need to sell for $120,000.
Its rare that a car will actually go up in value....but not uncommon for cars to go up in price...and down in value (inflation).
The next leg in gold/silver/commodities will be HUGE.....if we were to go back onto the gold standard where all money is accounted for 100%...gold would be priced at $44,000/ounce. Everything is linked to gold....so the whole commodity complex will rise. How many people are going to buy FD's when gas is $10-20/gallon? When food triples in price....etc.
Its coming.....no currency can take the abuse the US dollar has.....we will have some scares...like recently....but the dollar is dead....they will default either through not paying....or printing a ton of dollars. Americas debt is hockey sticking right now.......once a couple of cards fall in this game....the whole game is over.
I can't think of any cars that go up in value really....even really old rare ones don't go up in value. They go up in depreciating currency....but its far from an investment.
Price the FD is barrels of oil.....or corn....or gold....or silver....or etc. I believe the FD will go down in value......you will be able to purchase less food/oil/natgas/gold/silver in the future. Investing is being able to purchase more "crap" than before.
For instance. Let's take that corvette that someone bought new in the 1960's.....I don't know what they cost new....let's say $4,000.
in terms of gold....they paid a whopping 133 oz of gold for that car. today....that car would need to sell for more than $212,800.
Let's price it in terms of oil. in the 1960's oil was $3/barrel......that's 1,333 barrels of oil......today...around $90/barrel....the car would need to sell for $120,000.
Its rare that a car will actually go up in value....but not uncommon for cars to go up in price...and down in value (inflation).
The next leg in gold/silver/commodities will be HUGE.....if we were to go back onto the gold standard where all money is accounted for 100%...gold would be priced at $44,000/ounce. Everything is linked to gold....so the whole commodity complex will rise. How many people are going to buy FD's when gas is $10-20/gallon? When food triples in price....etc.
Its coming.....no currency can take the abuse the US dollar has.....we will have some scares...like recently....but the dollar is dead....they will default either through not paying....or printing a ton of dollars. Americas debt is hockey sticking right now.......once a couple of cards fall in this game....the whole game is over.
12-19-11, 08:22 PM
#46
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Who here wants a GT0?
Who here wants an e30 m3, 240z, RS american, 993 TT and of course a cym r1 etc.... those are the cars that will be selling for 100k at auctions when I'm old enough to have a desire to collect something.
However when I am 60 or 65 car auctions will have some imports because that's what the 60 and 65 year old buyers will want.
Other than Karak (he might be 60 lol) I don't think many us driving around in FDs think about anything but sports cars and there are very few american sports cars of note.
Who here wants an e30 m3, 240z, RS american, 993 TT and of course a cym r1 etc.... those are the cars that will be selling for 100k at auctions when I'm old enough to have a desire to collect something.
However when I am 60 or 65 car auctions will have some imports because that's what the 60 and 65 year old buyers will want.
Other than Karak (he might be 60 lol) I don't think many us driving around in FDs think about anything but sports cars and there are very few american sports cars of note.
12-19-11, 08:58 PM
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Sure hope you're right Fritz.
I am more in line with the vision that lOOKatme shares - allowing economics to predict future values and willingness to pay. Personally I don't see that large of a leap unless - as Fritz describes - the ultimate low mileage, Mica or White FD becomes highly desirable. To me the growth or interest isn't there.
I believe Supra's, GTOs, etc, appeal to a wider audience increasing their demand. Novel idea though.
I am more in line with the vision that lOOKatme shares - allowing economics to predict future values and willingness to pay. Personally I don't see that large of a leap unless - as Fritz describes - the ultimate low mileage, Mica or White FD becomes highly desirable. To me the growth or interest isn't there.
I believe Supra's, GTOs, etc, appeal to a wider audience increasing their demand. Novel idea though.
12-19-11, 09:00 PM
#48
Guys.... I'm currently 51 and have owned many cars in my lifetime, both American muscle and imports, and the FD is hands-down the best handling and funnest car that I've ever owned. I had a chance back in 1978 to buy a 1970 Daytona Challenger that was sitting behind a garage in Minnesota. It had a 440 6 pack in it and was missing the "Daytona" nose, but other than that the car was rough, but complete. Guy was asking $12K and I told him he was "crazy." Guess who's crazy now?? My point is, that most on this board who own FDs are currently in their late 20s to early 40s and have yet to hit their stride career- and income-wise.
Just last night I was watching some of Fritz's recent track videos. Give them a look if you doubt the FD's capabilities versus other cars on the track. It destroys just about everything else on the track at a "fraction" of the cost. Water injection and advancements in tuning and engine management have greatly improved reliability.
Agreed... we will see. IMO, enough people have an emotional attachment to this car that it WILL increase significantly in value. That plus the low production numbers and clean low mileage examples will drive the market. How much it goes up is still up in the air, but I'm certain it will go up.
Agreed, the FD will probably never be a "mass appeal" collectible, but for the niche group of rotary enthusiasts and some curious "Fast and Furious" outliers, the car will continue to hold interest. Parts-wise, I think you'll see a lot of RHD rollers in the next few years as Japanese auction houses clear out the excess inventory in Japan as parking fees drive owners to dump their FDs for smaller less expensive cars. Regarding reliability, I really doubt if that will be the end all for someone enthusiastic. Heck, look how many still collect British sportscars and we know how "reliable" those cars were in their day.
Just last night I was watching some of Fritz's recent track videos. Give them a look if you doubt the FD's capabilities versus other cars on the track. It destroys just about everything else on the track at a "fraction" of the cost. Water injection and advancements in tuning and engine management have greatly improved reliability.
There does seem to be a mini-trend of previous owners (older, better financed big-list types, that "moved on" to Lotuses, Corvettes, or Porsches a few years ago) coming back and buying the cars again. Kind of balancing the the broke dreamer types that bought a lot over the past few years. People are remembering/rediscovering how good these cars are.
We'll see.
We'll see.
Would be nice but I don't see it happening. I think NSX's, Supras and the last of the air cooled 911's will be the collectible's from the FD's era while the FD will appeal to a smaller and smaller crowd with the average car enthusiast remembering a neat little Mazda plagued with problems and neglectful owners.
12-19-11, 09:26 PM
#49
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It would be great for the FD to appreciate in value by that much.
I would also anticipate that Supra's, NSX's value would outpace the Rx7's. Its currently going on now by 2x.
I would also anticipate that Supra's, NSX's value would outpace the Rx7's. Its currently going on now by 2x.
12-19-11, 09:40 PM
#50
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I like talking about investments.....so talking about a car as an investment....is really dumb to me.
I can't think of any cars that go up in value really....even really old rare ones don't go up in value. They go up in depreciating currency....but its far from an investment.
Price the FD is barrels of oil.....or corn....or gold....or silver....or etc. I believe the FD will go down in value......you will be able to purchase less food/oil/natgas/gold/silver in the future. Investing is being able to purchase more "crap" than before.
For instance. Let's take that corvette that someone bought new in the 1960's.....I don't know what they cost new....let's say $4,000.
in terms of gold....they paid a whopping 133 oz of gold for that car. today....that car would need to sell for more than $212,800.
Let's price it in terms of oil. in the 1960's oil was $3/barrel......that's 1,333 barrels of oil......today...around $90/barrel....the car would need to sell for $120,000.
Its rare that a car will actually go up in value....but not uncommon for cars to go up in price...and down in value (inflation).
The next leg in gold/silver/commodities will be HUGE.....if we were to go back onto the gold standard where all money is accounted for 100%...gold would be priced at $44,000/ounce. Everything is linked to gold....so the whole commodity complex will rise. How many people are going to buy FD's when gas is $10-20/gallon? When food triples in price....etc.
Its coming.....no currency can take the abuse the US dollar has.....we will have some scares...like recently....but the dollar is dead....they will default either through not paying....or printing a ton of dollars. Americas debt is hockey sticking right now.......once a couple of cards fall in this game....the whole game is over.
I can't think of any cars that go up in value really....even really old rare ones don't go up in value. They go up in depreciating currency....but its far from an investment.
Price the FD is barrels of oil.....or corn....or gold....or silver....or etc. I believe the FD will go down in value......you will be able to purchase less food/oil/natgas/gold/silver in the future. Investing is being able to purchase more "crap" than before.
For instance. Let's take that corvette that someone bought new in the 1960's.....I don't know what they cost new....let's say $4,000.
in terms of gold....they paid a whopping 133 oz of gold for that car. today....that car would need to sell for more than $212,800.
Let's price it in terms of oil. in the 1960's oil was $3/barrel......that's 1,333 barrels of oil......today...around $90/barrel....the car would need to sell for $120,000.
Its rare that a car will actually go up in value....but not uncommon for cars to go up in price...and down in value (inflation).
The next leg in gold/silver/commodities will be HUGE.....if we were to go back onto the gold standard where all money is accounted for 100%...gold would be priced at $44,000/ounce. Everything is linked to gold....so the whole commodity complex will rise. How many people are going to buy FD's when gas is $10-20/gallon? When food triples in price....etc.
Its coming.....no currency can take the abuse the US dollar has.....we will have some scares...like recently....but the dollar is dead....they will default either through not paying....or printing a ton of dollars. Americas debt is hockey sticking right now.......once a couple of cards fall in this game....the whole game is over.
http://goldprice.org/inflation-adjusted-gold-price.html
This thread isn't about investing it's about the price of the FD going higher, not higher relative to inflation etc....
I might be completely wrong but from what I've seen over the last couple of years the price is going to go higher and soon at a fairly good clip.
PS when and if inflation is out of control people will still drives FDs, corvettes and GT3s as long as salaries also follow the rate of inflation but again the world could end tomorrow...........