FDs - Are They Going Up In Value??
#1
FDs - Are They Going Up In Value??
I'm not saying FDs are a good investment. I am saying that they seem to be not depreciating. I have seen bids on ebay that were very high for stock low mileage FDs. Lately a bid for $28k did not reach the reserve and had 18k miles stock.
I decided to do a Kelly Blue Book run. I used my '94 and the retail numbers came out to $18.8k in my zip code, that's MN, and $20,600 in the LA, CA area.
I guess if you live in the boon docks you can get more money selling it to a CA buyer. Shipping is only about $500.
Anyways, I guess my car did not depreciate much in the last few years. I paid $18,500 three years ago for a stock with 62k miles. Had to go to Detriot to pick it up.
I don't think the RX-8 will hurt the FDs resale. They will continue to be rare as more and more get wreched and end up in the bone yards.
If Mazda comes out with a real 4th gen RX-7 then I think the value of the FD will plummet.
What do you think??
Ken
I decided to do a Kelly Blue Book run. I used my '94 and the retail numbers came out to $18.8k in my zip code, that's MN, and $20,600 in the LA, CA area.
I guess if you live in the boon docks you can get more money selling it to a CA buyer. Shipping is only about $500.
Anyways, I guess my car did not depreciate much in the last few years. I paid $18,500 three years ago for a stock with 62k miles. Had to go to Detriot to pick it up.
I don't think the RX-8 will hurt the FDs resale. They will continue to be rare as more and more get wreched and end up in the bone yards.
If Mazda comes out with a real 4th gen RX-7 then I think the value of the FD will plummet.
What do you think??
Ken
#2
For about a year of my watching the RX7 market, prices seem about the same-- all over the place, that is. You'll see some for 10-12k then there's another that is asking in the 20s. Just my thoughts....
#4
de doober
Join Date: Feb 2001
Location: Plymouth, Michigan
Posts: 135
Likes: 0
Received 0 Likes
on
0 Posts
The value of FD is indeed a tough thing to really gauge. One thing is for sure. Blue book doesnt mean ****... Some out there are dirt cheap and some can fetch in the high 20s.
Do I think the value of all FDs will go up??? No... The only FDs that will go up in value are the ones that are in mint condition and totally cherry maybe. While the ones that are bought up and neglected by some will continue to decrease... Just my thoughts on the subject.
Do I think the value of all FDs will go up??? No... The only FDs that will go up in value are the ones that are in mint condition and totally cherry maybe. While the ones that are bought up and neglected by some will continue to decrease... Just my thoughts on the subject.
Trending Topics
#9
Senior Member
Join Date: Feb 2002
Location: Seattle / Bothell
Posts: 339
Likes: 0
Received 0 Likes
on
0 Posts
Are you sure? I thought that was illegal for car manufactuers to do that.
Originally posted by LUV94RX7
If I remember right the '95 were just left over '94s that were not sold and relabeled '95. I guess you would have to check the VIN and see when it was manufatured.
Ken
If I remember right the '95 were just left over '94s that were not sold and relabeled '95. I guess you would have to check the VIN and see when it was manufatured.
Ken
#10
Senior Member
Join Date: Mar 2001
Location: Chicago, IL
Posts: 567
Likes: 0
Received 0 Likes
on
0 Posts
well, i really hope that the value of the 3rd gen rx7 won't drop, because than all the ricers will get it and rice it up like some of them here in chicago already.
#11
Rotary Master
Originally posted by LUV94RX7
If I remember right the '95 were just left over '94s that were not sold and relabeled '95. I guess you would have to check the VIN and see when it was manufatured.
Ken
If I remember right the '95 were just left over '94s that were not sold and relabeled '95. I guess you would have to check the VIN and see when it was manufatured.
Ken
Yep, that is what Mazda did, they had a warehouse full of rx-7s that didn't sell in 94 and they sold them as 95's as well.
#13
reliable performance
Join Date: Feb 2001
Location: MA, USA
Posts: 383
Likes: 0
Received 0 Likes
on
0 Posts
Originally posted by Johnsrx7
Yep, that is what Mazda did, they had a warehouse full of rx-7s that didn't sell in 94 and they sold them as 95's as well.
Yep, that is what Mazda did, they had a warehouse full of rx-7s that didn't sell in 94 and they sold them as 95's as well.
-1994 RX-7's were sold as 94's even if they were sold in calendar year1995. I know, because when I bought my 95 in the summer of 1995, there were still brand new, unsold 94's on dealers lots. However, these cars were clearly sold as 1994 models.
-In the same way, there were 95 RX-7's left unsold as the 1996 Mazda line came out. There was also an RX-7 page in the 1996 Mazda full line sales brochure. However, it didn't say 96 anywhere on the page, and any RX-7's sold in 1996 and even 1997 were clearly labelled as 95's and didn't meet the federal standards for 96 models which included the OBD II system.
-There were several detail differences between the 94 and 95 models. Besides the serial numbers, the easiest to spot is the difference in the A/C system. 94 has the old R-12. 95 has 134a.
Last edited by JConn2299; 05-09-02 at 12:51 PM.
#14
Super Snuggles
JConn2299 is correct, the left over '94s were still sold as '94 models with heavy discounts during the "1995" model year. That's how many people picked up RX-7s for $28-32k new. And it is illegal to "Re-VIN" a car once it has been manufactured, BTW.
The '95s do have several differences from the the '94s and '93s, including 2 additional braces in the rear subframe, some slight changes to engine parts, such as a larger and internally smoothed inlet elbow for the front turbo, and a few other parts. The AC system was changed, and the ABS units are different.
Brian Richards (M2) said that my ECU was also different than the ones he'd been reprogramming, and wanted to send me an already finished '94 ECU "if I was in a hurry". I said no thanks, I'll wait for mine, which I'd already marked so that there'd be no mistaking it when it was returned.
My car was sold as a '95 (which it is, based on build date and VIN) in 1997. It has a 1996+ ABS unit, which may have been substituted by Mazda after it was manufactured, or may have just been one more "perk" of buying one of the last '95s.
The '95s do have several differences from the the '94s and '93s, including 2 additional braces in the rear subframe, some slight changes to engine parts, such as a larger and internally smoothed inlet elbow for the front turbo, and a few other parts. The AC system was changed, and the ABS units are different.
Brian Richards (M2) said that my ECU was also different than the ones he'd been reprogramming, and wanted to send me an already finished '94 ECU "if I was in a hurry". I said no thanks, I'll wait for mine, which I'd already marked so that there'd be no mistaking it when it was returned.
My car was sold as a '95 (which it is, based on build date and VIN) in 1997. It has a 1996+ ABS unit, which may have been substituted by Mazda after it was manufactured, or may have just been one more "perk" of buying one of the last '95s.
#15
reliable performance
Join Date: Feb 2001
Location: MA, USA
Posts: 383
Likes: 0
Received 0 Likes
on
0 Posts
Originally posted by jimlab
JConn2299 is correct, the left over '94s were still sold as '94 models with heavy discounts during the "1995" model year. That's how many people picked up RX-7s for $28-32k new. And it is illegal to "Re-VIN" a car once it has been manufactured, BTW.
The '95s do have several differences from the the '94s and '93s, including 2 additional braces in the rear subframe, some slight changes to engine parts, such as a larger and internally smoothed inlet elbow for the front turbo, and a few other parts. The AC system was changed, and the ABS units are different.
Brian Richards (M2) said that my ECU was also different than the ones he'd been reprogramming, and wanted to send me an already finished '94 ECU "if I was in a hurry". I said no thanks, I'll wait for mine, which I'd already marked so that there'd be no mistaking it when it was returned.
My car was sold as a '95 (which it is, based on build date and VIN) in 1997. It has a 1996+ ABS unit, which may have been substituted by Mazda after it was manufactured, or may have just been one more "perk" of buying one of the last '95s.
JConn2299 is correct, the left over '94s were still sold as '94 models with heavy discounts during the "1995" model year. That's how many people picked up RX-7s for $28-32k new. And it is illegal to "Re-VIN" a car once it has been manufactured, BTW.
The '95s do have several differences from the the '94s and '93s, including 2 additional braces in the rear subframe, some slight changes to engine parts, such as a larger and internally smoothed inlet elbow for the front turbo, and a few other parts. The AC system was changed, and the ABS units are different.
Brian Richards (M2) said that my ECU was also different than the ones he'd been reprogramming, and wanted to send me an already finished '94 ECU "if I was in a hurry". I said no thanks, I'll wait for mine, which I'd already marked so that there'd be no mistaking it when it was returned.
My car was sold as a '95 (which it is, based on build date and VIN) in 1997. It has a 1996+ ABS unit, which may have been substituted by Mazda after it was manufactured, or may have just been one more "perk" of buying one of the last '95s.
Hmmm...interesting. One of the changes made to the 95 model was a smaller and lighter ABS system. Are you saying it was changed yet again? And if so, do you know what the difference is between the 95 ABS and the 96 ABS?
#16
Juris Doctor
iTrader: (3)
Well i don't think they are depreciating, as long as RX7 owners make a market for the car, the car will sell for what RX7 owners want to sell it for... just like the Supra boys... Most of the Supras for sale are 10k over bluebook, just because the supra owner won't let it go for less, and the demand is high.
Since we own Rotary powered cars, the market is well very limited, only few people understand the car and the engine, some are scared, others appreciate it. As long as you sell your car (GOD FORBID! WHY WOULD YOU WANT TO DO THAT?) for what you want and won't take any less... and get other RX7 owners to do the same, you well see the car selling for more.
Just my $.02.
Since we own Rotary powered cars, the market is well very limited, only few people understand the car and the engine, some are scared, others appreciate it. As long as you sell your car (GOD FORBID! WHY WOULD YOU WANT TO DO THAT?) for what you want and won't take any less... and get other RX7 owners to do the same, you well see the car selling for more.
Just my $.02.
#17
I don't know what might be happening in the used auto market. I do know my brother's mint '66 Dodge Hemi was appriased professionally a couple of years ago at about $28-30K. Cars like his(Hemis) have recently sold on ebay for more than $40k. 25+% gain in two years is pretty good to me.
Ken
Ken
#18
JConn is correct. Model year is designated by the manufacturer at the factory, not based on when it's available at the dealer. Let's not pass misinformation around and generate confusions.
For resale value, given that RX-7 is limited in quantity, sale prices do vary largely due to condition. I typically find that FDs are either really pampered or badly neglected. That's why you have some selling for $10k (blown eng or busted tranny) and some for $17k (cream puff w/ normal mi) and some rare $25k+ sold (shamelessly low mi).
In general, I think prices will continue to decline, but at a slow pace ($500-800/yr). Given that the economy is bad and interest rate is so low (incentive to buy new instead of used), I am surprised that there is still a strong demand for FD. I think with the new Z and other sports cars coming out, sports cars will be in hotter demand than before. SUV market is pretty much saturated and Cross Overs (Matrix, Vibe or Avalanche), affordable sports cars will be the hottest sellers.
For resale value, given that RX-7 is limited in quantity, sale prices do vary largely due to condition. I typically find that FDs are either really pampered or badly neglected. That's why you have some selling for $10k (blown eng or busted tranny) and some for $17k (cream puff w/ normal mi) and some rare $25k+ sold (shamelessly low mi).
In general, I think prices will continue to decline, but at a slow pace ($500-800/yr). Given that the economy is bad and interest rate is so low (incentive to buy new instead of used), I am surprised that there is still a strong demand for FD. I think with the new Z and other sports cars coming out, sports cars will be in hotter demand than before. SUV market is pretty much saturated and Cross Overs (Matrix, Vibe or Avalanche), affordable sports cars will be the hottest sellers.
Originally posted by JConn2299
I don't know where you guys are getting this stuff. I think you're getting confused with what happened in '96.
-1994 RX-7's were sold as 94's even if they were sold in calendar year1995. I know, because when I bought my 95 in the summer of 1995, there were still brand new, unsold 94's on dealers lots. However, these cars were clearly sold as 1994 models.
-In the same way, there were 95 RX-7's left unsold as the 1996 Mazda line came out. There was also an RX-7 page in the 1996 Mazda full line sales brochure. However, it didn't say 96 anywhere on the page, and any RX-7's sold in 1996 and even 1997 were clearly labelled as 95's and didn't meet the federal standards for 96 models which included the OBD II system.
-There were several detail differences between the 94 and 95 models. Besides the serial numbers, the easiest to spot is the difference in the A/C system. 94 has the old R-12. 95 has 134a.
I don't know where you guys are getting this stuff. I think you're getting confused with what happened in '96.
-1994 RX-7's were sold as 94's even if they were sold in calendar year1995. I know, because when I bought my 95 in the summer of 1995, there were still brand new, unsold 94's on dealers lots. However, these cars were clearly sold as 1994 models.
-In the same way, there were 95 RX-7's left unsold as the 1996 Mazda line came out. There was also an RX-7 page in the 1996 Mazda full line sales brochure. However, it didn't say 96 anywhere on the page, and any RX-7's sold in 1996 and even 1997 were clearly labelled as 95's and didn't meet the federal standards for 96 models which included the OBD II system.
-There were several detail differences between the 94 and 95 models. Besides the serial numbers, the easiest to spot is the difference in the A/C system. 94 has the old R-12. 95 has 134a.
#19
Full Member
Join Date: Dec 2001
Location: fayetteville,nc
Posts: 208
Likes: 0
Received 0 Likes
on
0 Posts
i kinda hope they do drop in value,even though itll suck to see ricers get it,they need to be shot,i dont think could afford the parts it.but it would be nice to a lot of rx7's,u know like on all out drag,one vintage,one show,one t78 13b, and one 20b twin rx6
#20
This logic has been raised before. How are you going to get other owners to keep the prices high? People have reasons to sell their cars and you can ask higher than everyone else but you'll just not gonna get it sold.
Supra's prices are high bc the original sticker price is higher than FD to begin w/. TT Supras sell around $25k and are pretty rare to come by (not too many made in comparison to NA). I don't think it has anything to do with Supra owners teaming up to hold their car value. Nice try though. Maybe that'll work if you have a Daytona or something that's more limited in quantity.
Supra's prices are high bc the original sticker price is higher than FD to begin w/. TT Supras sell around $25k and are pretty rare to come by (not too many made in comparison to NA). I don't think it has anything to do with Supra owners teaming up to hold their car value. Nice try though. Maybe that'll work if you have a Daytona or something that's more limited in quantity.
Originally posted by twinturborx7pete
As long as you sell your car (GOD FORBID! WHY WOULD YOU WANT TO DO THAT?) for what you want and won't take any less... and get other RX7 owners to do the same, you well see the car selling for more.
Just my $.02.
As long as you sell your car (GOD FORBID! WHY WOULD YOU WANT TO DO THAT?) for what you want and won't take any less... and get other RX7 owners to do the same, you well see the car selling for more.
Just my $.02.
#21
Super Snuggles
Originally posted by JConn2299
Hmmm...interesting. One of the changes made to the 95 model was a smaller and lighter ABS system. Are you saying it was changed yet again? And if so, do you know what the difference is between the 95 ABS and the 96 ABS?
Hmmm...interesting. One of the changes made to the 95 model was a smaller and lighter ABS system. Are you saying it was changed yet again? And if so, do you know what the difference is between the 95 ABS and the 96 ABS?
There were three ABS units for the U.S. FD (one of the three major recalls). The original ABS unit was replaced mid-year in 1993, and then was revised again for the 94-95 models.
Apparently it was changed yet again for the '96-up cars, although very few U.S. cars appear to have received this last upgrade because they were assembled and sold before it took place. I guess I just lucked out.
#22
reliable performance
Join Date: Feb 2001
Location: MA, USA
Posts: 383
Likes: 0
Received 0 Likes
on
0 Posts
Yeah, I think the major change in the ABS came in the '95 model year. I have a copy of the dealer sales manual for the 95 RX-7's and it lists the changes for that year. One of the items under "What's New for 1995" says "New Anti-lock Brake System - smaller and lighter."
I've looked at my car and then looked at photos of engine bays of 93's and 94's and I'll be damned if I can spot the difference. We're having a meet in June, and I'll have to remember to look at some other FD's to see if I can figure it out. Whatever the change, it's got to be minor.
I've looked at my car and then looked at photos of engine bays of 93's and 94's and I'll be damned if I can spot the difference. We're having a meet in June, and I'll have to remember to look at some other FD's to see if I can figure it out. Whatever the change, it's got to be minor.
#25
Super Snuggles
Looks like the only difference between yours and Mark's is the front-rear proportioning valve assembly, which Mark removed because he has dual manual master cylinders. Mine has some sort of electrical "motor" attached to it that I've never seen on anyone else's car.
Here's my friend's '94 R2... as you can see, it has an ABS unit apparently identical to yours.
Anyone else have a '95?
Here's my friend's '94 R2... as you can see, it has an ABS unit apparently identical to yours.
Anyone else have a '95?
Thread
Thread Starter
Forum
Replies
Last Post