Race Car Price question
#1
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Race Car Price question
This is just a hypothetical question that I'm curious about. So don't assume anything you shouldn't. Does anyone know what people would pay at auction for a RX-7 set up for road racing? Basically the same as the black M2 race car on their web site? Approximations are fine.
Thanks in advance.
Kevin T. Wyum
Thanks in advance.
Kevin T. Wyum
#2
where are planning to auction it? if it's anything resembling a general auction, and not some sort of high-performance auto auction specifically (and i don't know of any of those off the top of my head), you can probably expect to take a beating because most folks will want to pay much, much less for a modified vehicle. you're gonna have to get lucky and hope there are multiple folks looking for a '7 set up for racing to get decent money for your admittedly very nice '7.
#3
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It's not mine I'm asking about. Unfortunately the circumstance would be general public auction I think. I'm not certain what the requirements are in CA.
Kevin T. Wyum
Kevin T. Wyum
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As Ed pointed out, getting a good price at an auction requires multiple serious buyers who want the car. I would only enter the car into an auction with a reserve price option. I would thinks a fully sorted road race car would be priced in the low-to-mid 20k range with today's bottom market FD prices.
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Originally posted by Kevin T. Wyum
It's not mine I'm asking about. Unfortunately the circumstance would be general public auction I think. I'm not certain what the requirements are in CA.
Kevin T. Wyum
It's not mine I'm asking about. Unfortunately the circumstance would be general public auction I think. I'm not certain what the requirements are in CA.
Kevin T. Wyum
If the car was at a dealer only auction then I'd guess even less unless someone truely knew what it was.
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Or this one for another point of reference. https://www.rx7club.com/showthread.p...ighlight=track
I'm not sure if the car in the above thread ever sold. I wish I could afford it.
I'm not sure if the car in the above thread ever sold. I wish I could afford it.
Last edited by cpa7man; 01-27-04 at 07:48 AM.
#12
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Thanks for the input. It's not really a function of where would the best price come from, it was just how much would it fetch at public auction since that's the only place it could be sold I believe.
Kevin T. Wyum
Kevin T. Wyum
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Damon is right.
Easily observed at Barrett Jackson auctions. This weekend (via Speed Channel), there was a 2000 Ferrari 360 built and raced only twice (at most). And when I say "built", I mean fully race prepped professionally. And it sold for an astounding $90,000!!!!! The normal 360 sells for roughly $150,000+....so I nearly fainted when I saw that price!
Easily observed at Barrett Jackson auctions. This weekend (via Speed Channel), there was a 2000 Ferrari 360 built and raced only twice (at most). And when I say "built", I mean fully race prepped professionally. And it sold for an astounding $90,000!!!!! The normal 360 sells for roughly $150,000+....so I nearly fainted when I saw that price!
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