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Third gen Values seem to have cooled down???

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Old 09-12-15, 02:14 PM
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Question Third gen Values seem to have cooled down???

Just looking for some input I am the second owner of a bone stock 94 touring with only 24,000 miles car sits in my garage I keep it started and fresh fuel every few months honestly I was hoping for the car to start getting to the point of supra money but it seems prices are coming down, I don't want to sell the car but I don't want to drive it a few times a year and store and maintain it if it's going to continue to devalue, I am hearing about a new 7 coming out and I think If that happens the car will defiantly take a hit, I love the car and had fun with it now kids work all the typical b.s anybody have a crystal ball or some thoughts about future pricing ??? Thanks ..
Old 09-12-15, 03:14 PM
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Just like the e30 ///M3, Supra, and 930 911's, the FD will get it's recognition and prices will trend upward. The FD is extremely unique and will appeal to the true auto enthusiast.


https://www.rx7club.com/3rd-generati...-15-a-1089005/

https://www.rx7club.com/3rd-generati...t-now-1088238/
Old 09-12-15, 06:21 PM
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Yup, they went down and are going to stay down for bit, but as less an less low mileage and unmodified examples are available they will soon go up. Maybe in a year or so and specially since the Need for Speed franchise is having it available in it's next release it should create a new pocket of enthusiasts.
Old 09-13-15, 09:50 AM
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lol...I think one of the issues with these countless "3rd Gen values rising/falling" threads is, a lot of people have this idea that the cars will be something commanding big prices, on the scale of Italian sports cars, perhaps.


I think it is extremely....EXTREMELY unlikely to happen anytime soon, say like...the next 50 years.
I pay attention to the car auctions hosted by companies like Mecum, Barrett-Jackson, Gooding and Company. Hemmings, etc...and you know what? Never, and I say NEVER have I seen a 3rd Gen (or any other RX-7 for that matter) for sale at one of those auctions. It is rare to see a Supra or even an NSX, VERY rare. In fact, only the Toyota 2000GT is being seen, when it comes to representing Japanese cars of high-value. And to put THAT into perspective, we are talking about a 50 year old car of which fewer than 100 left-hand drive models were made, and even THEY are only bringing < $400,000.
So maybe....MAYBE in say...2045 or so will you see the prices that far too many 3rd gen owners have in their head as to the "rising value" of these cars.
Old 09-13-15, 10:07 AM
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Asking prices have actually been creeping up slowly for both the FC and FD, I would say they have doubled since 3 years ago. They have not come back to the original sticker price however. Additionally I have not seen any of the $25K+ cars sell on ebay, with exception to one SSM with 6K miles from Michigan.

$35K in 1993 is worth nearly $58K today.
Old 09-13-15, 10:14 AM
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In the high pitch voice of Mr.Bill:
"OH NO, not another RX7 value thread; Mr.Pogo will close this thread before I can.....OHHHH NOOOOOO!!!!"
Sorry Mr.Bill , but Mr.POGO hates multiple threads on the same topic, especially when this topic has been beaten to DEATH.
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Old 09-13-15, 10:48 AM
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Originally Posted by Tedd930
Just looking for some input I am the second owner of a bone stock 94 touring with only 24,000 miles car sits in my garage I keep it started and fresh fuel every few months honestly I was hoping for the car to start getting to the point of supra money but it seems prices are coming down, I don't want to sell the car but I don't want to drive it a few times a year and store and maintain it if it's going to continue to devalue, I am hearing about a new 7 coming out and I think If that happens the car will defiantly take a hit, I love the car and had fun with it now kids work all the typical b.s anybody have a crystal ball or some thoughts about future pricing ??? Thanks ..
Hi Ted,
I can see the values going to 50k in the next 10 years but this isn't a 911

If you have a super nice white touring with black interior you may be able to get 30k which isn't too shabby. What color is your interior and exterior?
Old 09-13-15, 10:53 AM
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Originally Posted by RedBaronII
In the high pitch voice of Mr.Bill:
"OH NO, not another RX7 value thread; Mr.Pogo will close this thread before I can.....OHHHH NOOOOOO!!!!"
Sorry Mr.Bill , but Mr.POGO hates multiple threads on the same topic, especially when this topic has been beaten to DEATH.
DO not post below this line.____________________________________________
With out value threads this forum would be dead. It's about all we have left to talk about LOL
Old 09-13-15, 04:20 PM
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Reply 94 Rx

I wasn't looking for values like the rare German or Italian exotics or even 50k 10 yrs from now I happen to own my car for the mid 20s and I didn't want to take a bath that's all, I realize its not a air cooled 911 turbo or a 348! The car is a montego blue touring with not one modification 25,000 miles I just want it to stay where its at and I'll be happy I am not a dreamer and like many on eBay looking for $30k with nothing but wasted time. Sorry to beat a dead horse but you guys are experts and $25,000 is a lot of cash to me and I don't want to loose it because I kept the car.. Thanks everyone and I see everyone who responded had a good point ..thank you ..
Originally Posted by Fritz Flynn
Hi Ted,
I can see the values going to 50k in the next 10 years but this isn't a 911

If you have a super nice white touring with black interior you may be able to get 30k which isn't too shabby. What color is your interior and exterior?
Old 09-13-15, 05:01 PM
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Unfortunately you own probably the least desirable combo, Montego Blue Touring. Not trying to hate as thats what I also own but if you are concerned mostly with value I would look to white base models with no sunroofs, yellow R1's and Silver or Black R2's.
Old 09-14-15, 09:02 AM
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Originally Posted by Tedd930
I wasn't looking for values like the rare German or Italian exotics or even 50k 10 yrs from now I happen to own my car for the mid 20s and I didn't want to take a bath that's all, I realize its not a air cooled 911 turbo or a 348! The car is a montego blue touring with not one modification 25,000 miles I just want it to stay where its at and I'll be happy I am not a dreamer and like many on eBay looking for $30k with nothing but wasted time. Sorry to beat a dead horse but you guys are experts and $25,000 is a lot of cash to me and I don't want to loose it because I kept the car.. Thanks everyone and I see everyone who responded had a good point ..thank you ..
POST PICTURES and give us something to talk about and you never know someone may offer you a significant amount because it's getting super hard to find nice FDs

PS I love a nice clean MB FD
Old 09-14-15, 10:39 AM
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Rare, fast, good looking.

The FD checks all the boxes and I truly believe it will be collectible some day.

If 25K is gonna make or break you, maybe keeping a car on blocks in the garage isn't the best idea. If you ARE able to stash it sway for another 20 years or so, I'm 100% sure an FD with under 30,000 on the clock will bring you more than 25K.

I'll call you in 2035 myself with $26,500!

Last edited by Natey; 09-14-15 at 10:46 AM.
Old 09-14-15, 02:44 PM
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Originally Posted by Natey
Rare, fast, good looking.
The FD checks all the boxes and I truly believe it will be collectible some day.
If 25K is gonna make or break you, maybe keeping a car on blocks in the garage isn't the best idea. If you ARE able to stash it sway for another 20 years or so, I'm 100% sure an FD with under 30,000 on the clock will bring you more than 25K.
I'll call you in 2035 myself with $26,500!
I am not a Wall Street Investor, but if you put $25K on car to store it away and pull it out in 20 years, you might want to play the lotto or invest that money in the Stock Market and most likely you will make some money.
Having an FD as an investment, is not a Ferrari, just MHO.
Buy the car an drive it, that fun has no price, if you sell it and it makes you some money, then that's the icing on the cake.
Old 09-14-15, 05:03 PM
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Exactly. I don't get these posts. I find it fun to chat about but beyond that I am confused.

"Fun" is invaluable. Looking at a car on jack stands to return 30% in 20yrs doesn't sound fun. Though, Brappp brap sounds like a ton of fun.

I think if you like to flip these cars like some forum members do it's probably all about the entry price more so than the exit.


Originally Posted by RedBaronII
I am not a Wall Street Investor, but if you put $25K on car to store it away and pull it out in 20 years, you might want to play the lotto or invest that money in the Stock Market and most likely you will make some money.
Having an FD as an investment, is not a Ferrari, just MHO.
Buy the car an drive it, that fun has no price, if you sell it and it makes you some money, then that's the icing on the cake.

Last edited by matty; 09-14-15 at 05:06 PM.
Old 09-14-15, 06:59 PM
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Hahahahahahaha, awesome post G.
Old 09-14-15, 07:48 PM
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The 99 spec front is far far better looking to me than the original. In your opinion would this lower the value of a stock car? If we apply your logic it would increase the value, I think. But I am not so sure.

We have beat this subject to death. But I still enjoy talking about it. I think the reliability and limited serviceability of these cars may depress pricing. We are seeing it NOW. Why would that change.

Originally Posted by gmonsen
It seems like I'm drawn to these threads like a moth to a flame. I see them. Read them. Say I'm not going to say the same things again. Then I post. Christ.

I don't buy cars because I am investing in them principally to make money. I love my cars and have lusted after various cars and motorcycles for years. I do very much think about whether cars are priced below what I believe their longer term value is, however. So, a Ferrari 348 these days is a $75,000+ car in number 1 condition. A Ferrari Modena is a $75,000+ car of similar value. There are some $100,000 348's and some $100,000 360's. The 360 is going to really climb in value over the next few years and continue to appreciate strongly over decades. The 348 is just an older small Ferrari that's horrible too drive, had too many Fiat parts, and looks boring. The 360 was Fioravanti's last car for Ferrari and it shows. Ferrari Maranellos can be had for $100,000 or less, but the design is so-so and there are a lot of them. They're great driver's cars, but nothing special. So, I think about values when I'm buying them. Also, I note every so often whether I'm up or down. I keep a spreadsheet with all my cars and bikes, what I have in them, and what they're worth. The bikes have appreciated a lot, which is part due to their low absolute initial cost. When a $3,000 bike gets hot, it can go to $6,000 fairly quickly. The increases in car prices also occur in chunks, but the higher absolute initial price makes it hard for the chunks of increase to represent the same kind of appreciation the bikes can see pretty easily. In cars the same thing sort of applies. This is all sort of looking at value from one of several perspectives that you need to consider, I suppose.

The forum members who flip cars, like Matty mentions, certainly make their money off the arb. They find cars priced below what they're worth and sell them at or above market. That can be significant during the initial starting appreciation periods, but the arb shrinks once the market for a car has really taken off. Try finding a 50,000 mile BMW E30 M3 in appropriate condition for the miles for less than $20-some thousand. Its not that you can't buy them for less than you can sell them, but not by as much, percentage-wise.

And, overall, imo, the FD is a great investment for someone 30-40 years old. In another 10-15 years really nice cars are going to be worth what people today would consider an astounding amount. The design is so good that it may be considered up there with some of today's expensive collector cars. If people bought them for $15-20,000 or even a bit more, they can probably double or treble their money over the next 10-15 years. Maybe more. There are a few people on here that I think really appreciate just how good the design is, but fewer than you might think. The FD design is of similar quality to a Ferrari Daytona or 246 Dino. Its that good, but, because it is a relatively middle class Japanese sports car, it's compared largely with Supra's and NSX's. Its a much better body design than a Porsche 911 regardless of much somebody loves the 911. The 911 is iconic and that's a value proposition, but the body design today is not special. The FD is drop dead gorgeous.

An MB Touring FD is more or less as collectible as any FD. There are not very many overall and buyers have incredibly varied taste. Kind of like there's a girl for every guy. Some people love turquoise cars. Some do not. Some people think MB is the greatest color and some love CYM. The richness of life. There are so many of each color and so from a rarity standpoint some are more or less valuable from that perspective.

And, while you want to have fun with your car or cars, there's fun in sitting back alone in your garage and just staring at what you love. Can't be -- usually -- with your wife or girlfriend. Maybe some car buddies sometimes. Bit nothing wrong with getting a beer after a hard day and sitting in your garage and staring at what you love.

G

Last edited by matty; 09-14-15 at 07:50 PM.
Old 09-15-15, 07:39 AM
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Very well put G.
The 93-95 style bumper has grown on me. I really like the lines.
Old 09-15-15, 08:57 AM
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Originally Posted by matty
The 99 spec front is far far better looking to me than the original. In your opinion would this lower the value of a stock car? If we apply your logic it would increase the value, I think. But I am not so sure.

We have beat this subject to death. But I still enjoy talking about it. I think the reliability and limited serviceability of these cars may depress pricing. We are seeing it NOW. Why would that change.
Originally Posted by gmonsen
Littleguy... Thanks much.

Matty... If we put ourselves 20 years into the future and think about how people will be discussing these 45 year old cars, collectors will be mulling over which front end is the better one and there will be price differences between the 2 front grills almost for sure. At that time there will be the debate over the fact that the original front was the original, much like people argue today over whether the original 911 is better than the longer wheelbase model that came out shortly thereafter. Originals will probably always have some advantage simply because they are original.

Again, as I have said many times before, the original designs of a great car are almost always the most cohesive overall. Everything fits together well on the original, because it was clean slate. The 99 bumper was an update that was made so that the Mazda lineup shared a family resemblance. By 99 all Mazda's had the happy smiley face front grills and so the Rx7 had to have one as well. As an update, it looks nice and many people prefer it. I don't for many reasons personally. But, as regards value, I suspect that the original front cars will always have a bit more value than one with the updated grills.

As too which looks better from 20 years out, remember that the fog of current fashion will have long lifted. People will look at the 2 designs and may have no predilections. They will look at them rather objectively or from whatever the then-current design preferences may be and we can't predict that. Personally, I don't think of my FD as happy-happy. I see it as being kind of tough and ready to rock and think the frowning look of the original fits the character better. Its just a totally personal thing.

G
G,

Yep Like the rest of the car the original front bumper is BADASS! The 99 does have nice big air openings though so it wins there but that's the only reason I like the 99.

Need more air coming through the original front bumper then you do the shark tooth mod and it looks even meaner

We can't resist these threads because we love these cars and it give us a chance to rattle on about it. There are so many value threads on rennlist that people put up dog and bike pictures with no comment. They are just too cool to keep saying the same thing over and over. Well for me appreciating the FD doesn't get old. NO dog pictures here

Matty,
No doubt it's super frustrating to find people to work on this car but at the same time half the fun of owning this car is working on it LOL.

The car is not only a great driving instructor but also an automotive shop instructor because most of us have to drive hours to find a shop to work on it so we are forced to fix it ourselves which in turn teaches us all sorts of things we never would of known about this car and cars in general. It's also so fun to modify that we can't leave it alone

The more we learn about it and the more times we fix it ourselves the more love we generate for the car. Sure we love the way it looks, sounds and drives but eventually we love everything about the car because we know everything about the car. All it's little quirky problems and solutions to those problems increase the bond

You can't have great joy with out great sadness and the FD provides plenty of both.

In other words you can choose the merry go round or the roller coaster. In the car world the FD is no doubt a roller coaster LOL

PS Currently prices are as high as they have ever been and will only go higher as the supply continues to dwindle so I believe the mechanic issue is already priced into the market.
Old 09-15-15, 10:46 AM
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Originally Posted by RedBaronII
I am not a Wall Street Investor, but if you put $25K on car to store it away and pull it out in 20 years, you might want to play the lotto or invest that money in the Stock Market and most likely you will make some money.
Having an FD as an investment, is not a Ferrari, just MHO.
Buy the car an drive it, that fun has no price, if you sell it and it makes you some money, then that's the icing on the cake.
In 20 years, I would STILL like a clean low mile FD. I'm sure I'm not the only one. In that time, the same fun will still have no price, but 3rd gen RX-7s will definitely be more rare and expensive than they are now. You seem to be telling me that saving one would be stupid because I'd miss out on money that I could potentially make on Wall Street or with a 308GTB? If I had an empty barn, I'd take the gamble.

Screw the lotto, I already have a nice little basket full of eggs as far as the stock market goes, and I love that way my car sounds at WOT...like nothing else on the road.
That's worth something to me.


Anecdote: I grew up in the santa cruz mountains. If I could count the number of Camaro SSs and GTOs I saw rotting out and driven by tweakers when I was a kid...Now those same cars sell at Pebble Beach

Last edited by Natey; 09-15-15 at 10:51 AM.
Old 09-15-15, 10:50 AM
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Originally Posted by Fritz Flynn
The car is not only a great driving instructor but also an automotive shop instructor because most of us have to drive hours to find a shop to work on it so we are forced to fix it ourselves which in turn teaches us all sorts of things we never would of known about this car and cars in general. It's also so fun to modify that we can't leave it alone
The more we learn about it and the more times we fix it ourselves the more love we generate for the car. Sure we love the way it looks, sounds and drives but eventually we love everything about the car because we know everything about the car. All it's little quirky problems and solutions to those problems increase the bond
You can't have great joy with out great sadness and the FD provides plenty of both.
[B]
I agree with you 100%.
Attached Thumbnails Third gen Values seem to have cooled down???-img_1746.jpg  
Old 09-15-15, 10:58 AM
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Originally Posted by Natey
In 20 years, I would STILL like a clean low mile FD. I'm sure I'm not the only one. In that time, the same fun will still have no price, but 3rd gen RX-7s will definitely be more rare and expensive than they are now. You seem to be telling me that saving one would be stupid because I'd miss out on money that I could potentially make on Wall Street or with a 308GTB? If I had an empty barn, I'd take the gamble.
Screw the lotto, I already have a nice little basket full of eggs as far as the stock market goes, and I love that way my car sounds at WOT...like nothing else on the road.
That's worth something to me.
Anecdote: I grew up in the santa cruz mountains. If I could count the number of Camaro SSs and GTOs I saw rotting out and driven by tweakers when I was a kid...Now those same cars sell at Pebble Beach
Nope, you called that yourself.
I say, drive the car now and enjoy.
Can you be sure you will be here in 20 years to rip the benefit???
I rather drive now and put the money elsewhere, but not on this car as an investment.
Thankfully like you, I have a very nice nest egg and I don't need a clean Rx7, I already have a nice R1, that I drive and track too.
Old 09-15-15, 11:19 AM
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Can you be sure you'll be here in 15 min to reap benefits?

I don't even know what 'put 25K on car to store it away' means. Someone out there has a barn, and in that barn is a clean 3rd gen RX-7. It's sitting there for free, in their barn. No 25k.

I do drive one now, live next to Laguna Seca, enjoy the **** out of it, and you're not the only one at the track in an RX-7.

No need to get eggy. All I said is that I believe the FD will be worth something later on in life, then you broke it down, quoted the crap out of me and told me how wrong I am.
Weren't you the one groaning at having to see another one of these threads anyway?
Old 09-15-15, 02:13 PM
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Originally Posted by gmonsen
Hey, Chris. It's been a long long time since we talked. Not sure I understand everything you were saying to Natey, but, if someone was thinking of putting one of these away as an investment (and people are always doing this in reality for whatever reasons) for 20 years and you ask whether they'll be there then, it may be unintentionally a bot of live for today for tomorrow you may die. Anyone who makes long term investments has to assume they or their children or wife or parents would get the benefit if they died. Even if no one benefited, its hard not to want to plan for retirement. Not saying its a better investment than something else, but its not wrong to invest for 20 years.
G
Agree on investment for long term, but not on a car like this it's MHO.
We collect them for beauty, passion, track use, pride, etc., but not as an investment.
My money is sure (all is a gamble) to bring in more than this car.
How many people buy a product that loses value instantly driven out of the lot?
I don't see collectible cars or collections going public any time soon (being sarcastic).
The RX7 is not a GT3.
Old 09-15-15, 02:29 PM
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Originally Posted by Natey
Can you be sure you'll be here in 15 min to reap benefits?
I don't even know what 'put 25K on car to store it away' means. Someone out there has a barn, and in that barn is a clean 3rd gen RX-7. It's sitting there for free, in their barn. No 25k.
I do drive one now, live next to Laguna Seca, enjoy the **** out of it, and you're not the only one at the track in an RX-7.
No need to get eggy. All I said is that I believe the FD will be worth something later on in life, then you broke it down, quoted the crap out of me and told me how wrong I am.
Weren't you the one groaning at having to see another one of these threads anyway?
You are correct and I stand corrected, ciao.
Old 09-15-15, 03:39 PM
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Gordon, you are my hero.

That is all.


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