Need some quick appraisals...
 

I may need to take a break from rotarys for a couple of years. I have someone interested in the car but we need a fair price. I will use autotrader, ebay prices, and "expert appraisals" (you guys).

94 touring 47K black,5sp, bose, no wing. Perfect mechanics, interior, body, and paint (after it is re-cleared by a high end paint shop that I trust). No body damage ever. All original except aluminum ast, boost gauge, hks downpipe, and ground kit. All vacuum lines replaced as well as bi-yearly fluid changes (all). The first owner was wealthy (present to himself for his 50th) and maintained it with an open check book. He had the entire exhaust replaced when the tail pipe rusted. Suspension repairs done as needed. He even offered to make any repairs to the car 4 months after I bought it! Tires are newer Yokos. I may never find another one like it. After the paint shines like new again soon, it is 100%. That is mostly why I have a buyer, probably. Sorry to waste your time on a post like this, but I need some unbiased values.

I would honestly pay 16K-18K for the car.

Great low miles, good paint, good interior.

FYI I just bought a Montego Blue with good paint, good interior, no dents or rust, no modifications for 16K 60,000 on the ticker when I purchased it two months ago.

wow. from what you say, it sounds like youve got a very well maintained and clean FD. keep it!! :) id say 17k sounds right. good luck with the sale.

I have a box of receipts and original bill of sale, etc...

you probley wont find another like yours.
they are getting fewer and fewer!!

I know, and its a horrible thought. If I have to do this, he needs to pay up!

Unless I were in a hurry, I would not take less than $18-19k. I would ask for $20k though, low mileage unmolested cars are becoming rare.

I agree with Rynberg. Start closer to $20k. You may have a little trouble finding a buyer who appreciates the value of what your'e selling, but there are also buyers who have a lot of trouble buying a good FD with a history so well documented.

Dave

Wow. I don't think I could bare to part with that car. Really sounds like a gem. Definitely a $20k car. You'll never be able to replace it with something that has a known history. Many FDs are surprises waiting to happen.

Blue book excellent is $19.5k. Unles you are in a hurry, you should not accept less than that.

the trouble with a car like this is finding someone who actually has the $$$ to buy it. you'll get a lot of looky loos and tire kickers, but banks are reluctant to make full financing loans on 14 year old cars, and the 18 - 25 year olds who are most interested in acquiring a car such as this usually don't have the financial reserves to swing the deal. all that tends to keep a lid on an unsually high price. but you may get lucky.

I wouldn't sell a car like that to an 18-22 year old anyway. True enthusiasts looking at these cars can handle the purchase price IMO....

What's the median age of current FD owners? It's getting lower all the time from the posts I read on this forum. That means the pool of possible buyers has, not surprisingly, followed the same pattern. Like selling a house, if you're prepared to wait a long enough time you may get something close to your price, but you're dealing with a limited pool of buyers.

I've also noticed from reading posts on this forum that people often buy their cars at bargain prices, and yet sellers often brag about selling their cars for a fat price.
Hmmmmmmm.............can both be true overall?

Nobody is going to brag about paying a high price; and conversely, nobody is going to brag about selling for a low one.

Clean low mile FDs have crept up in price in the last few years. At the other end of the market, there are kids buying $10k FDs. Selling any car takes time but in my experience there is no reason to go below blue book if you not are in a hurry.

Well, I'm doing to play devils advocate today...

With the car being a Touring and not an R2, IMO, the final purchase price is going to be less. The people who generally will pay more money for a practically stock car are usually looking for the more rare R2 models. I would be surprised if you got more than 16k for it. I'm not saying its not worth more, I'm just saying that for a Touring that only has low miles going for it, most people will opt for a car with a nice set of rims or some mods and deal with higher miles rather than a low mileage basically stock Touring model (since they made up the bulk of the production, its not a like a its all that rare).

The third generation isn't going to appreciate unless people with pristine cars (like the OP) demand higher prices for them.

Do yourself and the community a favor and don't sell to a kid (like myself age: 23) and don't sell to anyone who can't appreciate the work and $$ that has gone into keeping your RX one of the more pristine examples of our mutual affliction.

Rule #1 of an open market society: you can't sell anything for more than someone is willing to pay.

Wow, i can't believe you are considering selling such a pristine car in the first place, but I understand that different people have different circumstances.

I'd like to echo the broad sentiment in the thread - I wouldn't except a dime below 19.5K for it, and i certainly wouldn't sell it to anyone under 28.

That's exactly right, and exactly my point. The prices thrown about here aren't an accurate reflection of the overall marketplace.

And then there's asking prices and actual selling prices. They are two entirely different worlds my friend.

A seller's demand has nothing to do with it. It's the marketplace that sets the price. That's Economics 101.

You can demand $40,000 for your FD all day long. Good luck on getting it.

It's like the old joke about the little girl selling apples on a street corner. A man stops by and asks how much for an apple? The little girl replies, "$1 million."
The man, astounded, says "A million dollars?! You'll never get that."
The little girl replies, "All I have to do is sell one."

i wouldnt pay 1$ for it.. i would just tell you to keep it because its in such great condition and you will never find one like that again

Thanks for all of the advice. In many ways, you are all correct. Are the R1s that much more valuable, when its the older guys (36) who are more likely to afford one? Believable, I just like the nicer ride. I will let you guys know what happens. Its kinda killing me though, makes me feel kinda sick. Sometimes family changes your priorities.

i payed 14.5-or 14.8....(cant remember)....for a bone stock 93 touring(silver)...all original....
it might of been more then what i should of paid but....but buying it off the original owner is a plus, and him giving me a folder with every receipt (even oil changes)...

i think rynberg is right ....real enthusiast...is going to buy your car...if your not in a hurry and you set the price a little higher....you won't have to worry about kids buying it....and you know its going to have a good home

brad

Keep it until I'm out of school. I'll buy another FD. Your car is a diamond in the rough. Hold on to it and get every penny of what it is worth.

who needs family now a days.. sell the kids :rlaugh:

I know how you feel. I've been there. But there will be other cars. Who knows?
5 years from now you could be driving a true exotic and you'll wonder how you could have been so satisfied with a Mazda. It happens.