Are they nuts? $20,000 for a 85K '93 FD
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Are they nuts? $20,000 for a 85K '93 FD
A local car lot has a Montego Blue 93 Touring - clean looking - with 85k miles on it, no modifications I can see, and they want $19,950 for it, marked down from $22,500. What have they been smokin'?
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Raising the price, doesn't increase the value. I think FD are way overpriced, typically. For a 10+ year old car, whos reliability is questionable at best, and you know it was probably driven hard. As you start approaching 100K miles with a stock FD you might as well give the thing away. The 10-15K range is about right for a nice FD.
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#9
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Its at a car dealership. You are not likely to find a bargain there. It shouldn't surprise anyone that they have a high price on it. If they don't sell it, the price will drop. Most likely, some impulsive kid will make his parents buy it for him, at too high of a price.
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Originally Posted by adam c
. Most likely, some impulsive kid will make his parents buy it for him, at too high of a price.
#13
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The problem I see is not normal FD's being overpriced it's the very nice and well maintained cars with 45-60K invested in them and guys on here saying it should only go for 19K, I think a excpetionally well maintianed stock FD should be in the 15-18 range depending on where you live. Highly modded show quality cars should get at least half their investment back. Yet most people cry about 30K for the car yet it can take hundreds of hrs and tons of money to reproduce the same thing. It is no longer just a FD at that point. Keep in mind few are at this level though. Just because it has a single and a paint job doesn't make it so.
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Originally Posted by EpitrochoidMan
Raising the price, doesn't increase the value. I think FD are way overpriced, typically. For a 10+ year old car, whos reliability is questionable at best, and you know it was probably driven hard. As you start approaching 100K miles with a stock FD you might as well give the thing away. The 10-15K range is about right for a nice FD.
Originally Posted by 95R2-89TII Ground Zero
I actually agree. I think that FD's are a bit over priced......but supra's are WAY overpriced.
We definitely need to rise the prices, for sure.
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Yeahh, ? Go and try to buy a NSX with 70-80k miles on, and you'll se how overpriced FD's are.
We definitely need to rise the prices, for sure.
We definitely need to rise the prices, for sure.
#16
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supply and demand my friend. these cars are wrecked on a weekly basis....
not too many of them left, and if i could guess i would say the fd will be quite the collectors car in 10 years.
not too many of them left, and if i could guess i would say the fd will be quite the collectors car in 10 years.
#18
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Yeah raise the prices damn it! Seriously how many do you think are left? I've seen more lamborghini's, vipers, and ferrari's on the road in my lifetime, than I have ever seen an FD. They may be down because of maintenance, not many people drive them, or what have you but that's what makes them awesome. 20,000 may be a little high in comparison to what they are selling for, but I personally believe it's worth it. What other car can you get for 20,000 that's even comparable, still a good bargain if you ask me. 75% of the people don't even know what they are, and freak out when they see one.
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All I know is that I paid $17,500 for my 41K CYM R1 in 1998 and it was - and is - straight stock under the hood. I figure with depreciation, inflation, and such it should only be worth about $12,000 now. But, as the man said, there's a sucker born every minute.
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The main reason FD's are overpriced is because they are not a car that most people would even want to buy. Everyone here loves them (obviously, this is rx7club.com). But for most people an older car that requires an inordinate amount of maintance (if you can find someone who knows how to work on one) is just not worth paying 20grand for. Personally, I love the rotary engine, so I was willing (although not happily) to pay 12.5. And modifying a car does not increase it's value, unless you have reciepts from a reputable shop for every little thing that was done. If someone doesn't have any reciepts you don't know what quality of work was done, or if the modifications are even any good.
Seriously people, think about it, you can buy a used C5 for less than 25 grand and all you have to worry about is changing the oil and driving the **** out of it. Why would you buy an rx7 for the same price?
http://www.autotrader.com/findacar/r...arch_type=used
Seriously people, think about it, you can buy a used C5 for less than 25 grand and all you have to worry about is changing the oil and driving the **** out of it. Why would you buy an rx7 for the same price?
http://www.autotrader.com/findacar/r...arch_type=used
#21
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Originally Posted by RenoCYM
All I know is that I paid $17,500 for my 41K CYM R1 in 1998 and it was - and is - straight stock under the hood. I figure with depreciation, inflation, and such it should only be worth about $12,000 now. But, as the man said, there's a sucker born every minute.
#22
Originally Posted by EpitrochoidMan
The main reason FD's are overpriced is because they are not a car that most people would even want to buy. Everyone here loves them (obviously, this is rx7club.com). But for most people an older car that requires an inordinate amount of maintance (if you can find someone who knows how to work on one) is just not worth paying 20grand for. Personally, I love the rotary engine, so I was willing (although not happily) to pay 12.5. And modifying a car does not increase it's value, unless you have reciepts from a reputable shop for every little thing that was done. If someone doesn't have any reciepts you don't know what quality of work was done, or if the modifications are even any good.
Seriously people, think about it, you can buy a used C5 for less than 25 grand and all you have to worry about is changing the oil and driving the **** out of it. Why would you buy an rx7 for the same price?
http://www.autotrader.com/findacar/r...arch_type=used
Seriously people, think about it, you can buy a used C5 for less than 25 grand and all you have to worry about is changing the oil and driving the **** out of it. Why would you buy an rx7 for the same price?
http://www.autotrader.com/findacar/r...arch_type=used
anyay, I agree with your post, but who is going to run you in a C5? I love the UNKNOWN factor of the FD
#24
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RAISE THE PRICE, hey if a brand new civic costs the same price to buy as an FD then what makes our cars more valuable? maybe thats why more cars get trashed cause people dont know what they are getting themselves into when they buy the car...and they end up treating it the wrong way.
Ive also seen like 99 civic SIs go for 10,000k, FD prices should at least be around the 14-18k range
Ive also seen like 99 civic SIs go for 10,000k, FD prices should at least be around the 14-18k range
#25
Originally Posted by ulost2my7
yeah supras are overpriced too but they have that thing that keeps them reasonable....what is it???? ooo yeah
the bulletproof 2JZ
the bulletproof 2JZ
Must be, cause it sure ain't their looks.