From time to time, I have random people stop me at the grocery store, gas station, etc, and ask if I'd sell my car. I love my car, but to me, everything is for sale. When I tell them a price, a decent price at that, I always get puzzled looks. Most of this comes from "buyers" not exactly understanding the "value" of an FD in good shape like mine.

Given the this, I am always certain that if I want a "decent" price for my car. It'll take the right buyer who appreciates the car for what it is worth ($$$$). Additionally, such a person and sell wouldn't be quick.

I think to the right person, these cars are definitely worth a lot, if not more over the years. Who knows...

 

There is a guy from CA that moved to NY/NJ this year and he got offered 75k for his FEED widebody white FD. He didn't sell it haha.

 

The exact opposite happens to me. I tell them 25k and they're like damn I thought it would be worth more than that.

 

same here.. not quite realizin its close to two decades old..

 

I agree, I have also been offered high(er) numbers for my car before. But, in the situation I was talking about, it was people not really knowing much about the car, and just asking if I'd sell it (not knowing a price range at all for a 18 year old sports car).

 

Since we're all talking about the pricing now, I'm new to the RX-7 scene and could use an advice or two. There is someone near me selling a 1995 RD R2 with 32k original miles thats asking 20K. That feel's a little too high to me but what are your thoughts about it?

 

Hmmm that depends. Where exactly is it? PM me the details frieeeeeeend.

 

Haha, there are a few people on here that would buy it in a heartbeat if you don't ****** that up yourself. Post the info on it if you find you cannot afford it

 

I feel that most of the times a comment like "would you sell it" is just something said to make conversation or to compliment the car.

Tell that person a price next time under the condition they complete the sale that day or the following and no one backs their mouth up with any money.
I have done this 4 times over the years with cars and I didnt throw a crazy number at them either. And never is it followed by a phone call a week later saying "I know you said that day but I got the money today you still interested?"


people are full of ****

 

I'd offer 18k if it's very nice, good compression and bone stock. He may come back with 19 which wouldn't be a bad deal.

Mine didn't sell at 20k with half the miles and 10k plus in nice tasteful mods however my price was firm. My car currently has 23k miles and the price is 22k firm. However I don't need to sell and the owner of VR car may not either

However next year that same car might be selling for 22k plus so as mentioned earlier in this thread I sincerely believe now is a very good opportunity to buy just such a car so maybe you'll have to pay the price and yes I think 20k is a fair good price for that car if it's in excellent condition.

I believe clean 94s are worth 4k more than clean 93s (especially VRs) for more reason than I care to explain. However I'd rather buy a 93 for a track car.

 

I agree with Value increase in next few years.
but remember that the ones that maintain its value are the Rare ones/unmolested.

look towards the Muscle cars,
unmolested+Original = $$$$$

Mine is a keeper. and will try to keep it as close to orig...

 

OK, I'll bite.... please explain (in a nutshell) why 94s are worth 4K more...

 

i disagree on it worth double. but lets hope huh? maybe it'll go up with inflation?

id rather buy a modded car and restore it (now that i know how to). because everything in a stock rx7 will need to be replaced anyways.

but honestly bone stock? why? i can do without the precat and plastic ast and rubber vacuum hoses. definitely keep the twins right?

would my car be devalued if i had a pair of BNRs, electronic boost controller, and tuned computer with 400HP?

 

There are fewer of them, and there are a number of improvements over the 93 model. A couple of the improvements include a better interior, and a slightly softer suspension with less oversteer.

The first year any car comes out, there will be a few bugs to work out. That's why some people tend to stay away from a first year car.

 

I don't want to turn this into an investment thread.....but you are talking about the FD as an investment I will go there. I am with you Fritz in terms for my love and passion for the FD.....I absolutely love the car...and I think its the best VALUE for the price paid right now...thats why I own one.

Everything has to do with inflation in terms of investing. Everything in this world moves in cycles against each other. Inflation often times masks those "purchasing power" gains. Things can go up in price and down in value.

So here we start. I started studying investing 6-7 years ago...because I couldn't grasp how people made money in this world....I am talking about lots of money. I was not going to make millions by being an engineer....so is studied markets, currencies, etc and how to have my wealth make me more wealth.

What did I find studying history and currencies, and making true purchasing power gains?

I found that the system is very corrupt....all government are corrupt....I also found a lot of corrupt things going on with business as well (board of directors, who sits on them, the lies, etc) but I figured out how to make a **** ton of money regardless of inflation or deflation (history from 1913 is almost solely inflationary from that point except till recently). I found that when pricing things in terms of other things is the only way to strip out the fictitious inflation numbers the government lies about (inflation is really 5-10% most years). So this leaves you with a ratio.

Over time you will have undervalued and overvalued investments.....and its seen as clear as day when using ratio's...which investments are undervalued and which are overvalued. One can make "true purchasing power gains" by simply swapping assets from one commodity or asset class....to another....when the ratio goes from undervalued to overvalued.

For example.....let's look at the dow to gold ratio (stocks to commodities really).

http://imageshack.us/photo/my-images...ratio2011.png/

When the ratio is increasing stocks are gaining against commodities and in purchasing power, when they are declining commodities are in favor....and you invest in those.

As you can see.....stocks are getting decimated in value......and are a HORRIBLE investment....even though the price of them has gone no where in ten years.....but inflation has!

Here is a gold to oil ratio....two assets, commodities. Try this cool trick. At a ratio of 1:10 you buy gold...at 1:20 you swap to oil....and do that over time....just swapping between the two and doubling your true wealth.

gold to oil ratio below.
http://imageshack.us/photo/my-images...doilratio.gif/


In 1971 when we went off the gold standard.....let's say a person purchased 100 ounces for $3,800 dollars.

that person swapped back and fourth oil at 1:20, to gold at 1:10.
100 ounces
1973 -> oil (2000 barrels)
1977 gold (200 oz)
1980 oil (4,000 barrels)
1983 gold (400 oz)
1987 oil (8000 barrels)
2000 gold (800 oz)
2008 oil (16,000 barrels)

Today in 2011....a person who invested $3,800 in currency would have turned it into $1,600,000 (oil at even $100/barrel).

Thats making investment gains IMO. it has zero risk in terms of default.....and takes away any risk of printing money....and its impossible to lose purchasing power

Was housing in a bubble....yes it was....clear as day

ounces of gold it takes to purchase a house.

http://imageshack.us/photo/my-images...fgolddoes.gif/


another cool thing I learned is the M0 money supply......gold accounts for it in history. Government prints money...gold accounts for the money printed. it did in the 1930's and it did in 1980...we could go back onto the gold standard both of those times....and in the future....gold will account for it again....100% backing gold would be at $44,000/ounce. As you can see gold is in its upswing....and a powerful one at that....its beating just about everything right now...and will continue to do so until the cycle is over. Silver is even a better investment....and right now....I would consider nat gas "free". I would accumulate commodities like nat gas, silver, and perhaps some others. Anyway...hopefully this helps some FD owners buy some more modifications or cars in the future.

 

The FD is by no means an investment. I'm simply saying the price will likely go higher based upon my history of buying and selling in the FD market.

I don't know a damn thing about investing but I've heard gold is a good hedge. However when the local gas station attendant is interested in gold it could be time to sell. Before the bubble burst in the housing market people from as far away as CA were trying to buy my town house (I'm in VA). I knew then that housing prices were about to seriously go down and 2 years later it was worth 30% less.

I'm glad the 1.10 and 1.20 thing is working and it seems like a cool system.

PS If I'm reading that 1st graph correctly it's time to buy stocks? If I'm reading the second graph correctly it's time to sell gold and buy oil?

 

The durability of the interior panels alone are almost worth it. I've owned 93 car with 20k miles that have scratches and less than perfect interior pieces. I've owned 94s with 100k miles and the interior still looks very good and isn't falling apart either.

Improved:
gas tank
HVAC
insulation especially in the doors which don't sound like tin cans when you close them
stiffer rear sub frame
VR paint and possibly some other colors as well
Improve dash and glove box
Center trans tunnel cover is reinforced
wheels are reinforced
5th gear
Age
etc.....

I'm sure I'm missing a few but there are lots of threads explaining the differences.

 

Hmm. Maybe I should drop him a line...

 

Hope this is true, would love to double my money and buy an even better one hah.

 

With any collectable item, it all comes down to supply and demand. The FD is a relatively short run production vehicle to begin with, plus due to the unfortunate economic times it's value has drop dramatically over the past few years, which resulted in an influx of "Fast & Furious" owners. What was once an ample supply of decent FDs, is quickly depleting as they are crashed and trashed. So, it's not hard to believe value for clean FDs will go up in value 2 or 3 fold in the next 10+ years. If something is rare and in limit number, people will pay good money for.

There is also the emotional factor, although most say the FD is a niche market car, but I like to tell people the FD is the Mustang of my generation, because it came out when I was in high school and something I have always dream of owning. Just like the Mustang, it's a relatively attainable vehicle. Most guys my age knows exactly what it is (not from F&F movies) and have memory of wanting one of these. Just like the 50 something age crowd that's paying big money for 60's & 70's muscle cars right now, people of my generation when we get to our retirement age, will be paying big bucks to pick up desirable cars from the 90's. The FD is one of the most unique example from that decade, which was mainly rule by imports.

 

passenger airbag as well

 

Historically, the first model year of a car is the most collectible.

But you're right about the '94 interior (vs 93s) - we'll just have to wait and see if those with the moolah will think it's worth more.

 

I think that's subjective. The 69 Camaro, is significantly more popular than the 67 or 68 for example.

 

I'm not referring to the FD as an investment or collector I'm talking about RIGHT NOW I'm simply saying TO ME it's worth 4k more because of the reasons I stated. I'd seriously pay 4k more for a really nice R2 than I would for a really nice R1 UNLESS it's a track car then it's just about which car is better sorted for the task and 93s are lighter so all things equal that's preferred.

This time next year we'll see what the prices are doing and similar to stocks the FD price has pretty much been a flat line for 10 years but I have a feeling it's about to change and that's all this thread is about

 

Here is my take with my limited knowledge of buying and selling We will see an increase and in fact I have already started to see it for the nicer cars. The rough examples have pretty much already bottomed out. $9-12k has become the norm for a running 93 model fd in rough to average shape.

The mostly stock or extremely modified(and done correctly cars) are getting harder and harder to find, making people willing to spend a few more dollars.

I dont see them doubling in value anytime soon, I do see them going back to the pricing structure we saw in the early 2000s.

Write now we are in the beginning of the restoration phase of this car. It will be awhile before the majority of the projects are either scrapped or completed correctly. Until then we will see a market with a large variance in prices.

On a side note, even if I found a low mileage CYM for a steal I dont think I could ever keep it, the color is just too damn ugly.