Value of FD going up?
#4
In a girl car.
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pending its in really good condition and stock, then yes. As far as value going up...todays buyers are tomorrows collectors, with the rarity of the car and the ever growing crowd of import car lovers...I could imagine value increasing more over time.
aftermarket is more dependent on finding the right buyer..I've seen quite a few highly modded 7 here go for 23k on up
aftermarket is more dependent on finding the right buyer..I've seen quite a few highly modded 7 here go for 23k on up
Last edited by pnoy1duh; 03-16-08 at 09:43 PM. Reason: spelling
#5
92' JDM Type R
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pending its in really good condition and stock, then yes. As far as value going up...todays buyers are tomorrows collectors, with the rarity of the car and the ever growing crowd of import car lovers...I could imagine value increasing more over time.
aftermarket is more dependent on finding the right buyer..I've seen quite a few highly modded 7 here go for 23k on up
aftermarket is more dependent on finding the right buyer..I've seen quite a few highly modded 7 here go for 23k on up
Just to clarify though, there are 3 types of people that want an FD:
1- kid like me who got into the 'street racing' culture, and love the FD for the superior looks and performance (not to mention uniqueness)
2- the bmw/pourche/corvette/lotus convert that got into these cars when they where the 'big new thing' back in '93, and never looked back
3- the typical 'mid-life crisis' 35 yr old man, just this one cannot afford $50K+ for a nice vette/pourche so he gets the same performance and looks from that car that his uncle/brother/father/buddy used to own/does own for a mere $15K
depending on which category the person is, will mean if he is willing to put down $20-30,000 for a mint FD.
Im not too sure about these cars getting stupid expensive, because they have such a small following as compared with the more "ritzy" or popular cars that people have been loving for 15 generations ...
regarding modded FDs, yes you can get them selling for much higher then market value, the thing is though is that the sellers are usually loosing HUGE money on these cars. I think we all know how easy it is to blow $30,000 on one of these cars.
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#8
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Right now I would expect the FD market to be cheap considering the state of the economy and people are really tight on money. Couple years down the road though I think the book price WILL be higher then it is now and I also think the country will be in a better financial state.
#9
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I wish people on here would stop telling people when they post their car for sale on here how they overprice it. We are knocking over values down of our own cars by doing that. I can't believe the vaules of supras how they hold their value. The non turbo supra are priced as much as our 3rd gens now.
#10
Eh
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I wish people on here would stop telling people when they post their car for sale on here how they overprice it. We are knocking over values down of our own cars by doing that. I can't believe the vaules of supras how they hold their value. The non turbo supra are priced as much as our 3rd gens now.
The FD market is down at the moment but will pick back up within the next 45 days with the warmer weather coming. It does this every year.
#11
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pending its in really good condition and stock, then yes. As far as value going up...todays buyers are tomorrows collectors, with the rarity of the car and the ever growing crowd of import car lovers...I could imagine value increasing more over time.
aftermarket is more dependent on finding the right buyer..I've seen quite a few highly modded 7 here go for 23k on up
aftermarket is more dependent on finding the right buyer..I've seen quite a few highly modded 7 here go for 23k on up
#12
Top's always down
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As people have said, the value of the FD is largely seasonal. winter low, summer high.
Also, as people have said, a car is never a good investment to expect returns on. Largely the only way to make any money off a car is to find one in great condition, where the seller is desperate to sell, and lowball the hell out of them. Even then, you have to sell the car right away or lock it in storage to never be driven in order to not spend the difference on maintnence and modding.
Also, as people have said, a car is never a good investment to expect returns on. Largely the only way to make any money off a car is to find one in great condition, where the seller is desperate to sell, and lowball the hell out of them. Even then, you have to sell the car right away or lock it in storage to never be driven in order to not spend the difference on maintnence and modding.
#16
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While I'll admit I have spent a fair amount on my FD, it has been very reasonable in regard tonecessary repairs. In the 1.5 yrs I've had the car I've only spent around $350 on repairs related to normal wear and tear. I've spent more than 10 times that on upgrades and modifications, most of which have yet to be installed. Regardless, these were all things I WANTED, not anything that was NEEDED.
#17
fadedvr=pink
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wants become needs pretty quickly. not only that maintaining the fd is quite a bit a year esp if you have mods. plugs go quick gas aint cheap what 3.80 in sac right now fluids random **** that needs attention from a 13 year old car. it likes to come all at once. then just when you think you're down you get another wave. FDs are the worst possible investment I can think of.
#18
40k worth of fail
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The overall value of the FD3S has gone up over the past 9 years. I know this because I purchased mine 9 years ago and I recall not only what I paid, but how much my insurance company told me it'd be worth stock if it was totaled. At the time in 1999, that value was $8,400.
Fast-forward to early 2007. I had stored the same car for several years and I went to fully insure it to ship it across to country to myself, I checked the value of it as a "total loss," again if it was stock. $14,170.
Fast-forward to early 2007. I had stored the same car for several years and I went to fully insure it to ship it across to country to myself, I checked the value of it as a "total loss," again if it was stock. $14,170.
#20
Senior Member
When was buying an FD or any sports car for that matter ever an investment? We generally do not buy these to make money, we buy them because we like our toys, we like to go fast and it excites us.
With performance there comes maintenance, you think FD's are expensive to maintain, try owning a ferrari (not that I have but know how much they are to maintain) they are astronomical to maintain!! Why would you buy a jetski or a dirt bike for instance?? Same thing really in my books, I like my FD because it is a unique car, it drives well, sounds great, goes like a cut cat on speed and out handles pretty much any damn thing it comes across!! If I bought my car to make money I would just sit it in the garage and never drive it or change it.
If I buy a car to make money I buy a mazda 323 or a toyota corrolla!
Yes the FD's will only go up in value from now on.
With performance there comes maintenance, you think FD's are expensive to maintain, try owning a ferrari (not that I have but know how much they are to maintain) they are astronomical to maintain!! Why would you buy a jetski or a dirt bike for instance?? Same thing really in my books, I like my FD because it is a unique car, it drives well, sounds great, goes like a cut cat on speed and out handles pretty much any damn thing it comes across!! If I bought my car to make money I would just sit it in the garage and never drive it or change it.
If I buy a car to make money I buy a mazda 323 or a toyota corrolla!
Yes the FD's will only go up in value from now on.
#21
Call me gramps!
Agreed. Own it for long enough, and such is undeniably true.
I love it when I get kids who ask how much they can snag one for, and are shocked that you can get it for so cheap. The $13-$16k you'll pay is but a mere entrance fee. If you plan on riding, be sure to pony up.
#22
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All cars are liabilities. Certain cars are less of a liability and therefore have higher resell values as they age.
The FD is a high-liability car yet still has a pretty decent resale value though. Bad gas mileage, lots of maintenance, occasional rebuilds. The thing is, I love working on cars, and I always over maintained my Toyotas and Hondas. So the FD works great since I would give any car the attention that an FD REQUIRES.
But I don't think it is a "financial disaster" as long as you plan for the inevitable rebuild, buy one in good shape, and don't make bad decisions about how you mod the car.
I drive the FD daily but keep $5k just sitting in my "FD Contingency" account. It WOULD be a disaster if the motor blew at a time when I had no cash. I would not even drive it unless I could afford a rebuild that very day.
Regarding Book:
I was actually amazed how High the Kelly Bue book said mine was worth: $15,825. 95 FD with 90k miles in excellent shape. And that was BEFORE all the mods. So when I bought it for roughly blue book, I basically got all the mods free. The disparity between the blue book and paid value was very small compared to what I was used to on MR2s. People often sell MR2s for $8k-$9k when the blue book is $3,800.
The FD is a high-liability car yet still has a pretty decent resale value though. Bad gas mileage, lots of maintenance, occasional rebuilds. The thing is, I love working on cars, and I always over maintained my Toyotas and Hondas. So the FD works great since I would give any car the attention that an FD REQUIRES.
But I don't think it is a "financial disaster" as long as you plan for the inevitable rebuild, buy one in good shape, and don't make bad decisions about how you mod the car.
I drive the FD daily but keep $5k just sitting in my "FD Contingency" account. It WOULD be a disaster if the motor blew at a time when I had no cash. I would not even drive it unless I could afford a rebuild that very day.
Regarding Book:
I was actually amazed how High the Kelly Bue book said mine was worth: $15,825. 95 FD with 90k miles in excellent shape. And that was BEFORE all the mods. So when I bought it for roughly blue book, I basically got all the mods free. The disparity between the blue book and paid value was very small compared to what I was used to on MR2s. People often sell MR2s for $8k-$9k when the blue book is $3,800.
Last edited by zenofspeed; 03-17-08 at 10:00 AM.