How much is the FD worth?
I was curious on how people price the FD with the time comes to sell.. Im trying to figure out how much my FD is worth and KBB values they give us are just shitty... I have a 1994 silver stone R2 with 54K miles.. i checked out the production numbers and only 83 were made in this color and model for 1994 in the US... how much do you think its worth?
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dont rely on what these price guides will tell you... so many factors involved..
imho.. bottomline.. your fd is worth as much as someone is willing to pay for it and youre willing to accept... interested in your r2 btw.. pm me with info.. |
16k
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If the car is really clean and the engine is healthy it is worth between $16-18k for a silver r2 with that mileage right now.
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a car is only worth what someone is willing to pay. That goes for anything.
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If the car is really clean and the engine is healthy it is worth between $16-18k for a silver r2 with that mileage right now. |
+1 agreed ^ i would only sell lower unless it was another forum member and thats pushing it......its up to all diehard owners to try and give your passion to a good home
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a car is only worth what someone is willing to pay. It is pretty much a content-free expression and conveys no useful information. In terms of its information content, it is a bit like saying that if you want to get rich you should make a lot of money. The claim that there is some theoretical person out there willing to pay an arbitrary amount of money for something is of no practical utility. Pretty much everything has a market value and that is what the OP is trying to determine. KBB gives $16k, which sounds about right. Despite many claims to the contrary, it is generally very accurate with FDs (apart from super low mileage ones). |
REALITY: It might sell for 12k in 30 days.
It's won't sell for 16k this year. Good luck :icon_tup: |
State Farm Insurance currently has these cars priced at $14,000.00 so if your car was a total loss that is what you would get.
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Originally Posted by Fritz Flynn
(Post 8981190)
REALITY: It might sell for 12k in 30 days.
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yeah if u wanna sell it quick..if have to say the same with fritz..around 12-13
you see touring 93s for around 10..and i know those dont sell at 10 right now |
With that logic you can sell it quick for $1 too
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Originally Posted by spoolage
(Post 8981206)
State Farm Insurance currently has these cars priced at $14,000.00 so if your car was a total loss that is what you would get.
actually incorrect. As a policy holder you are entittled to what's called fair market price, unless you let them give what they value the car at which 99% is less than fair market price |
there are several auctions right now with buy it now prices of 15k, that don't have a single bid. And a stock 94 with a 9k buy it now....even at 9k, it has bids that are'nt at that price. times are tough right now. Let's see where the prices go once summer is here.
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Originally Posted by LdotS5
(Post 8979712)
I was curious on how people price the FD with the time comes to sell.. Im trying to figure out how much my FD is worth and KBB values they give us are just shitty... I have a 1994 silver stone R2 with 54K miles.. i checked out the production numbers and only 83 were made in this color and model for 1994 in the US... how much do you think its worth?
Where in PA are you? |
Originally Posted by Fritz Flynn
(Post 8981190)
REALITY: It might sell for 12k in 30 days.
It's won't sell for 16k this year. Good luck :icon_tup: |
Originally Posted by jic
(Post 8981222)
yeah if u wanna sell it quick..if have to say the same with fritz..around 12-13
you see touring 93s for around 10..and i know those dont sell at 10 right now That car should bring $16k in a hurry if the body/engine are in excellent shape. Wait awhile and it will bring $18k. |
Originally Posted by djseven
(Post 8981544)
You post that car for $12k on autotrader and this forum and it will sell within 1 week. There is no secret to selling cars, autotrader.com is without a doubt your best bet. Do a detailed writeup about the car, have 40+ detailed pics posted or ready to send, and post it as one of the best priced silver 94 R2s on autotrader. I highly doubt you can find more than 5-7 silver R2s for sale in the entire country at the moment.
That car should bring $16k in a hurry if the body/engine are in excellent shape. Wait awhile and it will bring $18k. |
Originally Posted by Fritz Flynn
(Post 8982766)
If you say so but I can list 10 other cars I'd buy before this car priced at 16k and I'm certain you know of 20 so saying it would sell at 16k is not accurate in todays market. I wouldn't buy it at 12k right now.
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i just bought my 93' R1 Touring in nearly perfect shape with a rebuilt engine (~1k miles on it) from a very reliable source and trusty friend (my mechanic)
for 20 thousand dollars :O!!!! i mean the rims alone are almost half the price of what i payed so i think i got it at a steal. i've thought about this and i wouldnt sell the car the way it is for anything less than 25k right now or in like 5 yrs if i wanna get rid of it nothing less than 20k. not to thread jack but do you guys think the value will increase on our FD's judged on rarity and the fact that it's a semi-exotic (or full exotic) car? i mean IS it even a semi-exotic? im thinking the prices will go up because cars like this are just not made anymore... or cost over 90k (not per KBB but per actual person to person value) i can honestly forsee my 93' being worth about 30k in 5 yrs... maybe i'm completely wrong but who cares... i wanna drive this thing until i'm 50. |
No, the price will not go up dramatically for 20+ years in my opinion. Even then, Im not sure we will ever see a dramatic increase. I dont think they have even hit their bottom yet, not with the way this country is being ran. I dont think anything has hit its bottom yet.
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I would entertain $25k for mine and that's on my low side. I'm working hard on keeping it as clean and blemish free, both inside and out as I can. Though, I don't foresee any FS threads by me in the future. She's a keeper. :D
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Originally Posted by djseven
(Post 8982967)
No, the price will not go up dramatically for 20+ years in my opinion. Even then, Im not sure we will ever see a dramatic increase. I dont think they have even hit their bottom yet, not with the way this country is
being ran. I dont think anything has hit its bottom yet. As each year goes by those m3s, boxsters, z06s, s2ks, etc... are becoming more affordable and the FD has pretty much remained steady or even increased until 2008 but I think it will continue to slide in price especially given our current state of the economy. Now is not the time to wait until summer and sell it's the time to sell it while you can at a price you can live with or KEEP IT for 20 years and make 10k. The way the stock market has been behaving FDs might be Americas best investment :D |
Originally Posted by Railgun
(Post 8983287)
I would entertain $25k for mine and that's on my low side.
I was going to say that only the Pearly white FD would be worth that much but if you look in the classifieds it is clear that it is not even selling for $17k. I cannot imagine any FD being worth $25k in the current market - even a ~10k mile, 20B 1995 R2. The entire market for a certain type of used cars has dropped 20-30% in the last six months. You can now pick up 2000+ M5s and M3 in the teens. Less exotic but fun cars (e.g., 540is, B5 S4s) of the same age are selling for under $10k. Even in the last 6-8 weeks price drops are evident and there is no sign that they are stopping. Most FDs are now worth $7k - $9k, with a few creeping up to the mid teens. Though, if Fritz is right, $12-$13k may be the high range. |
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