Taken from here : https://www.rx7club.com/showpost.php...1&postcount=43

I also checked on the NADA and KBB website and it's true. Our FD's have gone up in value.

We need to make a sticky that lets everyone know that they don't need to sell their FD's for pennies on the dollar.

 

Barrett Jackson auction helped too... a bone stock FD went for $29,500, and a Pettit Banzai 3-rotor went for $48,500.

Oh and FYI, NADA value is what most insurance companies goes by, and that's currently listing the highest market values for our cars

~Ramy

 

That FD actually sold for $52,380

Here is the link http://www.barrett-jackson.com/aucti....asp?id=184341

 

I hope this is not about April fools day :p

 

Today's the 31st, and no I'm dead serious. Go check www.kbb.com and www.nada.com. You should see that your FD's market value is *significantly* higher than what it was just a few years ago...

~Ramy

 

You guys are right. I remember checking the value when I bought mine last Sept. It seems to have gone up around a grand since then.

 

I was hoping on buying another sometime. Hope the value doesn't go up too much.

 

Value is great and all, but to us die hards who will never sell, we don't really care.
But costing us more to add to the collection, well that hurts!

 

That's not exactly a good attitude to have. I'm not happy b/c I'm selling my FD. In fact, I will probably *never* sell my FD, *ever*. But I still want the car's value to increase. We shouldn't be so self-centered to want FD values to remain low so *we* can afford them. We should want the *market* to better appreciate the gem we own, and as thus, it's cost to increase considerably. You have NO IDEA how jealous I am of the Supra's market value...

 

You're absolutely right Ramy. I feel this is more of the market actually appreciating how unique and collectible our cars are.

 

This means parts and insurance will also increase.

 

money have also dropped in value. lol.

 

Who cares, look what type of cars we drive.

 

Parts cost are inevitably increasing, simply due to the age of the car. As the car ages, parts get rarer, and stealerships want more for them. We're actually at the point that '94 and '95 parts are *actually* being discontinued. So it's inevitable and unavoidable, regardless of whether or not the value of the car goes up or down. Besides, c'mon now, how can you explain the FD's falling value over the past few years, yet the fog light switch went from $35 to $40 to $70 to $90, then up to $120??

As for insurance, contrary to popular belief, the value of the car is NOT the largest or most important factor for the insurance premium. Call up your insurance company, and tell them you have $30K in mods, and you want to insure them. I'd be surprised if they wanted more than $500 or so more per 6 months...I know, because I called and asked. They only wanted $200 more per 6 months. They are *much* more worried about a) expensive electronic parts that cost tons to replace in the event of even a minor accident (which is why German cars' insurance is through the roof), and b) medical and property insurance coverage. Replacing your $100,000 car is cake compared to the $4 million lawsuit they get hit for when you injure or kill someone.

Talk to your local insurance agent. You'd be surprised at what you learn

~Ramy

 

That's the price of owning a "classic"! If those do go up, I'll live with it. I enjoy owning an FD enough to deal with it. The good thing is that it'll keep FD's a bit farther out of reach of kids that won't take care of them.

 

I used to be the local agent.

 

Then correct your previous statement! lol.

Offtopic: Do insurance agents have to pay for insurance? Or do they get it for free, as a company perk?

 

The company I worked for (AIG) I didn't even get a discount. Knowing about their practices and dealing with the underwriters and claims agents I wouldn't have wanted it no matter what the discount.

 

Oh man I've heard of AIG...or should I say I've heard about them haha

 

Independent agents don't get a discount from the company by insuring themselves. They can save some money (insuring themselves) by not paying another agents commissions. Agent commissions generally run between 10-15% on car insurance.

Ramy, no one gets liability insurance for $4 million

 

Adam! I was wondering how long it would take to see ya pop up... Mention of insurance w/o Adam seems so...incomplete

That sucks (that you don't get it for free or a considerable discount). I coulda sworn though that I've read so and so gets this incredibly dirt-cheap premium b/c their wife works for so and so auto insurance company etc...?

Adam, I wasn't referring to liability. Sheesh...who carries liability only? Heck, I'd venture to say who's *dumb* enough to carry liability only on a car, ESP. an FD? I was referring to comprehensive coverage...and I'm sure you're familiar there are much larger coverages available, such as umbrella policies, with *millions* of dollars of coverage when it comes to suits, various tort options, etc etc.

~Ramy

 

nada says my 95 is worth $16.1k and kbb says $16.2k

with less than 500 in the USA...to me its worth way more than that and I've had offers almost twice that and considering two friends sold there 93's for $19k and $24k (non seq and single, respectively)...not that I'd ever sell.

 

the only reason its goin up is cause F & F3 is comin out Yos!!! Diftos!! Yay!!

 

We have got a 93 FD here in Saudi with Full bolt on's (HKS Intercooler and Exhaust and DP + PFC+INTAKE+Short Shifter ,...etc) for sale for the price of.. 9,000$ USD Only !!!

 

Is it a LHD?

RHD FD's are everywhere in the world! LHD FD's are the rare ones and better ones to have.