3rd Generation Specific (1993-2002) 1993-2002 Discussion including performance modifications and Technical Support Sections.
Sponsored by:

Just To Give 3rd Gen Owners A Laugh

Thread Tools
 
Search this Thread
 
Old Feb 7, 2009 | 05:03 PM
  #1  
FallenCho's Avatar
Thread Starter
Senior Member
Tenured Member 15 Years
iTrader: (1)
 
Joined: Aug 2005
Posts: 496
Likes: 0
From: NV
Just To Give 3rd Gen Owners A Laugh

I had seen that a local dealer had a Vintage Red R1 93 FD for sale and it is clean inside and out and bone stock. So I sent an email to see what the asking price was and they replied with $30k!!! Mind you it has 25k miles on it but for crying out lough a 250 mile RX-7 can't even fetch a $27k price tag. Am I wrong to think it should be around $16k?
Reply
Old Feb 7, 2009 | 05:05 PM
  #2  
1QWIK7's Avatar
White chicks > *
Tenured Member: 20 Years
iTrader: (33)
 
Joined: Jul 2003
Posts: 13,146
Likes: 1
From: Secaucus, New Jersey
17-18k should be about right.
Reply
Old Feb 7, 2009 | 05:14 PM
  #3  
ptrhahn's Avatar
Lives on the Forum
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (11)
 
Joined: Feb 2002
Posts: 9,282
Likes: 703
From: Arlington, VA
I hope he sells it for $30k. I'm tired of seeing high quality examples of these cars dumped for $2k more than the roaches because people don't know the difference.
Reply
Old Feb 7, 2009 | 05:26 PM
  #4  
djseven's Avatar
Eh
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (56)
 
Joined: Aug 2002
Posts: 6,553
Likes: 344
From: Nashville, TN
I could easily sell a 25k original R1 in this economy for $20-22k. 30k is ridiculous. However, what are you referring to that a 250 original mile fd wouldnt bring $27k, did I miss something. That is about a $35-40k car if it has that low of mileage.
Reply
Old Feb 7, 2009 | 05:51 PM
  #5  
4CN A1R's Avatar
sleeper
iTrader: (6)
 
Joined: Oct 2007
Posts: 1,957
Likes: 3
From: Abbottstown, PA
Originally Posted by 1QWIK7
17-18k should be about right.
no, its not sry

25k is about the right price. mine was 17k(52k miles, bone stock) and i shopped for 2 years to get that deal.
Reply
Old Feb 7, 2009 | 06:11 PM
  #6  
Miata_mx5's Avatar
Wangan Nasty
Tenured Member 10 Years
 
Joined: Apr 2006
Posts: 1,779
Likes: 3
From: Irvine, Southern California
I hope they ask a high price for a clean example. Keeps the dumb and cheapasses out.

Good deal.
Reply
Old Feb 7, 2009 | 06:45 PM
  #7  
1QWIK7's Avatar
White chicks > *
Tenured Member: 20 Years
iTrader: (33)
 
Joined: Jul 2003
Posts: 13,146
Likes: 1
From: Secaucus, New Jersey
Originally Posted by 4CN A1R
no, its not sry

25k is about the right price. mine was 17k(52k miles, bone stock) and i shopped for 2 years to get that deal.

For a 93 VR? The 2 most common options? lol ok.

Not to mention the fall of the economy, no its not worth 25k.

But hey, i hope he sells for 30k, maybe it WILL help the value of our cars.
Reply
Old Feb 7, 2009 | 11:59 PM
  #8  
rx7rcer09's Avatar
Sir Braps A lot
Tenured Member 10 Years
 
Joined: Jul 2006
Posts: 2,001
Likes: 1
From: Hilliard, OHIO
thats a high price, but for a clean FD i would spring the extra cash like 17-20k and thats all i would spend.
Reply
Old Feb 8, 2009 | 12:13 AM
  #9  
MyRedFD's Avatar
Enter Title Here
iTrader: (1)
 
Joined: Jan 2008
Posts: 767
Likes: 0
From: Sioux Falls, SD
Regardless of color 30k is a bit high right now. If times were better it might fetch that but with how things are right now and considering the fuel consumption of these cars and how more people are looking at that, it's a tough sell for that price. Now if they get someone to pay that much for it then they wanted it bad enough.
Reply
Old Feb 8, 2009 | 12:16 AM
  #10  
Julian's Avatar
Rotary Freak
Tenured Member: 20 Years
iTrader: (14)
 
Joined: Jan 2004
Posts: 1,857
Likes: 5
From: Longview, Texas
Originally Posted by 1QWIK7
For a 93 VR? The 2 most common options? lol ok.
?? 4th most common option after VR Touring, Blue Touring, Black Touring.

If the car is in excellant shape then good for the 30k.
Reply
Old Feb 8, 2009 | 12:46 AM
  #11  
Red95FD's Avatar
red89fc
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (3)
 
Joined: Sep 2005
Posts: 1,150
Likes: 28
From: Cincinnati Ohio
30K is too much. But I did see an excellent 93 stock R1 with 20K miles go for 18K one year ago. Unemployment is high and will get higher but a guy that has a job and the money will pay 18K for the same car today. Just because the economy is weak, doesn't mean he can't get 18K for his car. But 30K no way. I wish it would happen though.

Right now a guy with money may want to hold on and wait to see how bad the socialist crash the economy.
Reply
Old Feb 8, 2009 | 01:22 AM
  #12  
4CN A1R's Avatar
sleeper
iTrader: (6)
 
Joined: Oct 2007
Posts: 1,957
Likes: 3
From: Abbottstown, PA
Originally Posted by 1QWIK7
For a 93 VR? The 2 most common options? lol ok.

Not to mention the fall of the economy, no its not worth 25k.

But hey, i hope he sells for 30k, maybe it WILL help the value of our cars.
well im only baseing that price off what ive seen in the past and off what i paid for mine. plus the value most likely differs between car lots and this forum. i think that if they found the right buyer...that car could be sold right off the lot at the price it is now.

and your right. the condition of the economy should have car lots selling at about half price of what was market value a year ago.
Reply
Old Feb 8, 2009 | 07:50 AM
  #13  
dgeesaman's Avatar
Moderator
Tenured Member: 20 Years
Liked
Loved
iTrader: (8)
 
Joined: May 2002
Posts: 12,313
Likes: 27
From: Hershey PA
A local guy just bought a lightly modded FD for $14k or so with 52k miles on it. The interior is CHERRY. I can't imagine spending double that for half the mileage.

Dave
Reply
Old Feb 8, 2009 | 08:56 AM
  #14  
1QWIK7's Avatar
White chicks > *
Tenured Member: 20 Years
iTrader: (33)
 
Joined: Jul 2003
Posts: 13,146
Likes: 1
From: Secaucus, New Jersey
Originally Posted by 4CN A1R
well im only baseing that price off what ive seen in the past and off what i paid for mine. plus the value most likely differs between car lots and this forum. i think that if they found the right buyer...that car could be sold right off the lot at the price it is now.

and your right. the condition of the economy should have car lots selling at about half price of what was market value a year ago.
You mean if they found a dumb buyer.

Usually car buyers do SOME kind of research before they just throw their money at a dealer for a car.

27k vs 17k is ALOT of money, thats a big difference.

Lets say the average consumer would go on KBB (which i think is LOL), or even nada.

Base Price $6,475 $7,725 $8,750 $10,525
Mileage - 20,000 miles $4,375 $4,375 $4,375 $4,375
TOTAL PRICE $10,850 $12,100 $13,125 $14,900


Low price is poor condition with the high price being it in PRINSTINE condition.

REgardless of the fact that these prices are most likely not accurate, its just a general idea. Which every car buyer should have, a general idea. 14,900 or 27,000 for that FD? hmmmmm let me think about that.

I even was a bit giving and put 20k miles instead of 25k which probably wouldnt make a difference anyway.

Like i said, FD's CAN go for that much. For a 93 VR?? Someone would be retarded to spend anywhere near 27k for that car.

ANd for the people who think thats a reasonable price are whack jobs. Sorry.
Reply
Old Feb 8, 2009 | 10:12 AM
  #15  
gripp2maxx's Avatar
Banned. I got OWNED!!!
 
Joined: Apr 2008
Posts: 354
Likes: 0
From: BALAD IRAQ>ny,ma,ct
fd's will go for what the owners value it at just take a look at the other jap supercars. the supra is one a resale of 20-40k the higher being low mileage stock ones think about it (1997 15th Anniversary owner)
Reply
Old Feb 8, 2009 | 11:41 AM
  #16  
1QWIK7's Avatar
White chicks > *
Tenured Member: 20 Years
iTrader: (33)
 
Joined: Jul 2003
Posts: 13,146
Likes: 1
From: Secaucus, New Jersey
Well just because wealthy people think 30,000 thousand isnt much to spend on a pristine FD, doesnt mean its worth it IMHO.

I know the value of the car correlates with what people price them at, but to a certain extent.

A 30k price tag on THAT PRISTINE FD can be sold, but then that means if another FD that is MORE rare, wouldnt be sold for more. Look at the barrett jackson, those cars are being sold for ALOT of money, because its pristine and RARE and have low miles (i assume). Thats the tri-fecta right there.

A 93 VR is NOT rare hence why it cant go for that much money. Just because it has 25k miles, that doesnt justify why it should go for that much, when there are other FD's that has more rarity to it.

I think rarity has ALOT to do with how our cars are priced, that and its reputation. I know you know about that because you have quite a good collection of cars there.

People just CANT, and WONT spend that much on just ANY FD.

Now if we're talking about a 95 R2 with like 7k miles, then o yeah, that will sell.

But a 93, VR? Come on now.
Reply
Old Feb 8, 2009 | 12:05 PM
  #17  
djseven's Avatar
Eh
Tenured Member: 20 Years
Liked
Loved
Community Favorite
iTrader: (56)
 
Joined: Aug 2002
Posts: 6,553
Likes: 344
From: Nashville, TN
I sold a 94 R2 with 140k miles on it for $25,500.00 a couple years ago, for whatever that is worth. As I said, a 93 VR R1 with 25k miles is worth $20-22k at this time. Two years ago, it would have been a $24-25k car.

Rarity plays a big part, selling a R2 or any 94+ white fd is just as easy in this crappy economy as it was 2-3 years ago when I couldnt keep these cars around.

Most people on here base the value of fds off what they see in the rx7club classifieds, which is with out a doubt the worst place to sell a fd.
Reply
Old Feb 8, 2009 | 12:46 PM
  #18  
X2S's Avatar
X2S
Can Post Only in New Member Section
 
Joined: Feb 2009
Posts: 2
Likes: 0
From: socal
i agreee, rarity plays a part of the increase in $$
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Marty RE
New Member RX-7 Technical
0
Aug 13, 2015 11:19 AM




All times are GMT -5. The time now is 08:51 AM.