How much would i have to pay for a 1993 mint condition inside and out Black with camel leather interior - touring model with 50k mi. on original motor with new turbos and absolutly bone stock except for the wheels (oz mito modular - but he has the stockers also)?

 

You'll have to pay whatever the seller wants...

Honestly, it doesn't matter what anyone but the seller thinks. As if he thinks the car is worth $20k, then he won't sell it to anyone for less than that no matter what you think it's worth.

 

I know that...

Im trying to figure out the market...

 

you can figure out the market by using auto trader. simply by using your zip code you can find local FD's and prices. just remember, the market does not set the price, the owner does

 

I posted it here figuring you guys are experts...i wasnt interested in those zip code things because those are for the general public to buy cars...im looking at this audience in particular...

 

Then look in the For Sale section to see what cars are selling for:

https://www.rx7club.com/3rd-generation-rx-7-1993-2002-vehicles-107/

Still, it won't matter if the seller of the car you are looking at doesn't care about "the market".

 

It is the market that ultimately sets the price of a car. If the seller is serious about selling in a reasonable timeframe, then they have to ask around the market price. It is irrelevant what they think the car is worth.

There are too many cars sitting around Autotrader or this board for months (or longer) because the seller has a different view of the value of a car than the market does. I would love if RX-7s with 80k miles were worth the $20k or so many local sellers are asking (that would make my car worth even more) but it's just not the case.

Banks will not loan $20k for a car with a book value of $10k and few people with $20k cash sitting around are going to be silly enough to overpay either.

$15k is probably a reasonable number if the car is as nice as you say.

 

I have an old excel spreadsheet that I used to track EBAY sales. If you would like a copy send me a pm with your email address. You'll also notice if you use KBB numbers, there is no difference in values for an RX-7 with one mile or 45,xxx miles, so much for using actual sales data.

 

http://www.autotrader.com/fyc/search...08405&x=75&y=6

since i did not know the city in new jersey, i selected atlantic city. did a search within 100 miles and found five FD's for sale. the highest price was $19 and the lowest $15

"zip code things" can be a useful neg. tool and a useful way of comparing potential fd's.............................enjoy

 

I wouldn't let my FD go for anything under $18k. Just like the man said. If the seller ain't in no hurry he/she sets the price.

 

I think 13K would be reasonable. It has low miles but the original engine is still in it. 50k miles is getting to be middle-aged for a rotary.

 

I'm not an expert and agree with Mahjik, there are just to many other variables involved. Nobody can just give you a figure. But....assuming it's a 5 spd and not auto... 16 to maybe 18.5 k. For me, that would have to be a VERY nice car with a clear history that I can trace back to new, and with ALL receipts for claimed improvements/major repairs, like "new turbos" etc. That's my opinion....but a car is worth what someone will pay for it.
Was that what you were looking for?

 

They set the asking price, which is an abstract number and ultimately irrelevant if the car does not sell.

I could post my toe nail clippings on eBay and set a $1k starting price and decide that I would not accept a penny less. They would not sell and I would have had precisely zero effect on the market value of toe nail clippings.

 

ill make this simple; my car is silver, black interior, stock wheels, 60 something thousand miles everything else the same as what you described. i paid $17,000

 

That's *IF* the seller wants to sell the car quick.

Quite frankly, that's the exact reason most FD are selling so cheap. Most young people who purchase this car go in debt owning/modifying them. Then they have to sell their car at a loss so they don't make things worse.

The cars that sell at higher prices are the people that have:

a. taken good care of the car
b. aren't selling it for financial problems
c. are just moving on to bigger and better things

I would rather spend the extra $$$ knowing I'm getting a well taken care of car than trying to find "the cheapest one with the most stuff".

 

Of note, the market for FD's is so small it's hard to generalize. Any FD you buy will need some work which can be expensive. The parts, if available, are expensive. The car is 11-13 years old and was designed for performance, not longevity. It's not a Volvo.

Go into a FD purchase with both eyes open. Don't forget the original paint will need re-painting too, at some point.

 

my car is black, black cloth interior, stock wheels, couple basic mods, i paid 11,700 without the power fc. bought it with 72k miles

 

Well said, Mahjik. If you are a rotary fan and have done your homework, the need to screw down the price may wear off when you see/drive the car. A seller who is sticking to his price leaving little negotiable is either not facing reality or is an enthusiast with an exceptionally pampered car and would be insulted if low-balled. These cars are not easily parted with in any case.

 

Thanks for all the great responses...

The fact is I own the car...and didn't want to mention so in the post so that I could get advice (like above) on if I were purchasing one because I really dont want to sell her but I have 5 cars right now and i really need to unwind some of them, however...my rx7 is a garage baby...in dead on mint condition with just under 50k on her original motor. Considering the numbers you guys through out there...I would never sell her in a million years...I thought, having been out of this board for a very long time, that the number may have been way higher. But given the circumstances...20k even...isnt gonna change my life so I'm keepin her forever....

thanks again for all the input