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Waels RX7 up for sale again.

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Old 01-27-04, 12:20 PM
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Re: Waels RX7 up for sale again.

Originally posted by Gargamel
I thought he sold it already?

http://cgi.ebay.com/ebaymotors/ws/eB...&category=6327
I don't understand why this topic is so fascinating that it had to be brought up again. Is it that big of a deal really? It was just talked about weeks ago..
Old 01-27-04, 12:22 PM
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Re: Re: Waels RX7 up for sale again.

Originally posted by bricke
I don't understand why this topic is so fascinating that it had to be brought up again. Is it that big of a deal really? It was just talked about weeks ago..
Maybe some ppl see Wael's car as legendary...
Old 01-27-04, 12:25 PM
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Re: Re: Re: Waels RX7 up for sale again.

Originally posted by FDNewbie
Maybe some ppl see Wael's car as legendary...
Erm.. ok.
Old 01-27-04, 12:30 PM
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hmm that kinda sucks, I have $20k to spend on a car, seen alotta good ones, but they are on the east coast. I would be willing to pick up his car only for the fact that everyone thinks that it is so great and have seen it, so it lends some credibility to it.

BTW I missed out on the biggest deal I have ever seen on a FD =(. It was in the for sale section, was outta town and didn't have internet access, under the title Anemiya FD
Old 01-27-04, 12:43 PM
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Originally posted by Sizz813
hmm that kinda sucks, I have $20k to spend on a car, seen alotta good ones, but they are on the east coast. I would be willing to pick up his car only for the fact that everyone thinks that it is so great and have seen it, so it lends some credibility to it.

BTW I missed out on the biggest deal I have ever seen on a FD =(. It was in the for sale section, was outta town and didn't have internet access, under the title Anemiya FD
Sizz..don't listen to me. I'm not Wael. If you're really feelin his car, ask him. Who cares what I or any other guy on the forum says. Wael's car, Wael's decision. And you never know...if he's not strapped for cash, maybe he mite strike a deal w/ ya =)

My motto is you never know unless you try...so in my book, the only way you lose is if you don't try
Old 01-27-04, 12:51 PM
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Mildly moded 7s run for $20K
I'm not sure where you get this from...a few months ago completely built single turbo FDs were going for around $18,000.
Old 01-27-04, 12:55 PM
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Originally posted by Sprockett
I'm not sure where you get this from...a few months ago completely built single turbo FDs were going for around $18,000.
You're right... I should have qualified that statement. And I keep forgettin the mileage on Wael's FD...

Mildly modded low mileage FDs go for $20K. If you want more, mildly modded low mileage CYMs go for $20K. Better?
Old 01-27-04, 01:17 PM
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Old 01-28-04, 11:45 PM
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I see that Gordon's car is on eBay as well.
http://cgi.ebay.com/ebaymotors/ws/eB...&category=6327

I knew that he sold his car last year and bought a Porsche but to see it on eBay along with Wael's is just too coincidental. I think everyone is selling their RX7's and moving on. Maybe I should get off my *** and put my car together and put it up on eBay and then buy a REAL car.
Old 01-29-04, 01:49 AM
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I don't think we've heard the last of Gordon. In recent years his job has required a lot more of his attention. He has told me repeatedly that when things slow down he plans on buying a chassis and building a 3 or 4 rotor. He has also said that his FD was a better highway car than the 911T.

It's normal for cars to turn over. Most of the sales I'm aware of have been due to extrinsic factors and not a loss of interest in the car itself.
Old 01-29-04, 08:19 AM
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Originally posted by Mr. Stock
I see that Gordon's car is on eBay as well.
http://cgi.ebay.com/ebaymotors/ws/eB...&category=6327

I knew that he sold his car last year and bought a Porsche but to see it on eBay along with Wael's is just too coincidental. I think everyone is selling their RX7's and moving on. Maybe I should get off my *** and put my car together and put it up on eBay and then buy a REAL car.
That's sad.
Old 01-29-04, 08:40 AM
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There are probably at least 2 different buyers of an FD. Two in particular seem to stand out for me: (1) street with lots of hp or modification and (2) partial or full time road & track car with modifications.

Individuals 30+ in age (semi arbitrary number) that have disposable income will tend to move away from the FD if they fall into the first group I mentioned. At some point you realize that for street driving 300 rwhp and reliability with some sportiness is all you really need on the street to have fun. The FD can be a lot to maintain and not the most reliable. At 30+ yrs of age, who has time to deal with that? It's competing with more important things like family (just an example).

Now those in group two probably don't sell their cars as easily. One, they might have a nice daily driver and two they have realized after learning how to drive on a track correctly that an FD is STILL VERY hard to beat. You can have the best time with a $15-20K toy and not worry too much about the daily driver hassles because it's not your primary mode of transportation. There have been two recent exceptions to this (I believe it was B. Barber and someone with a forum name FOKO), but it is my understanding that they are heading toward competitive racing, which explains the need to sell their FDs.

So it's not so sad just a logical progression.
Old 01-29-04, 08:45 AM
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Originally posted by Mr. Stock
I see that Gordon's car is on eBay as well.
http://cgi.ebay.com/ebaymotors/ws/eB...&category=6327

I knew that he sold his car last year and bought a Porsche but to see it on eBay along with Wael's is just too coincidental. I think everyone is selling their RX7's and moving on. Maybe I should get off my *** and put my car together and put it up on eBay and then buy a REAL car.
I'd imagine having the same car for as long as some of these guys have would result in it's sale eventually.. I've even thought about it and have only had mine for 3 years.. A Porsche SURE does sound nice!
Old 01-29-04, 10:45 AM
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Did someone buy Wael's car?? I notice the auction has ended..

I think My friend in Nashville was interested. and when i went to check it, it was over..

Hmm..
Old 01-29-04, 10:50 AM
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Originally posted by jdhuegel1
I'd imagine having the same car for as long as some of these guys have would result in it's sale eventually.. I've even thought about it and have only had mine for 3 years.. A Porsche SURE does sound nice!
For starters, I plan on keeping my baby forever...

As for a Porsche, I used to be (and still am) one of the *biggest* Porsche fans, but you know what surprised me? The more ppl I've talked to who have actually worked on both RX7s and Porsches (specifically the Porsche 911 Turbo) have told me KEEP YOUR CAR. its a better car, on many levels, which surprised me, given there's like a $100K difference in the two cars, and I always thought German engineering is the best it gets...(don't forget, Wankel was German haha)

Besides, I can't name a single car you can get as much satisfaction out of like the FD, on many levels, only one of which is beating a $120K car after only having paid 10% - 20% of that
Old 01-29-04, 11:54 AM
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Well the thing is that a 911 turbo is a much better car than the RX7 BUT for $150,000 you could have a RX7 that would MURDER a 911. Hell for $50k you could run circles around it.
Old 01-29-04, 11:54 AM
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Well the thing is that a 911 turbo is a much better car than the RX7 BUT for $150,000 you could have a RX7 that would MURDER a 911. Hell for $50k you could run circles around it.
Old 01-29-04, 11:59 AM
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Originally posted by Donovan
Well the thing is that a 911 turbo is a much better car than the RX7 BUT for $150,000 you could have a RX7 that would MURDER a 911. Hell for $50k you could run circles around it.
Very true..

Only problem is you mod a FD with 50K in parts and decide to sell, people only want to pay 18K for it.. Never understood that
Old 01-29-04, 12:04 PM
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Originally posted by jdhuegel1
Very true..

Only problem is you mod a FD with 50K in parts and decide to sell, people only want to pay 18K for it.. Never understood that
That's wut...a $30K hit?
A used 911 Turbo will sell around $90K - $100K...that's a $50K hit

So i think you STILL come out on top in that sense...
Old 01-29-04, 12:05 PM
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Originally posted by herblenny
Did someone buy Wael's car?? I notice the auction has ended..
Another enthusiast who already has 2 FD's is buying Wael's.
Old 01-29-04, 12:14 PM
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Originally posted by FDNewbie
That's wut...a $30K hit?
A used 911 Turbo will sell around $90K - $100K...that's a $50K hit

So i think you STILL come out on top in that sense...
Not saying you wouldn't..
Old 01-29-04, 04:35 PM
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Originally posted by FDNewbie
That's wut...a $30K hit?
A used 911 Turbo will sell around $90K - $100K...that's a $50K hit

So i think you STILL come out on top in that sense...
That is not true...the retained value of one is 36% and the other is 66%. I used to think along the lines of your logic, but the truth is, that doesn't really work. Retained value as a measure of percentage is more accurate in my view.

I do believe though that the 911 turbo historically has had good resale, but its not as good as the example used about because a 10 year old 911 turbo doesn't sell for $90k as we all know, they sell for about $45k or there abouts so that means it retains 40% (new it was about $110 or so), so its not far off the rx-7 used in the example above.

cheers

W
Old 01-29-04, 05:09 PM
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Originally posted by wael.el-dasher@efini.net
That is not true...the retained value of one is 36% and the other is 66%. I used to think along the lines of your logic, but the truth is, that doesn't really work. Retained value as a measure of percentage is more accurate in my view.

I do believe though that the 911 turbo historically has had good resale, but its not as good as the example used about because a 10 year old 911 turbo doesn't sell for $90k as we all know, they sell for about $45k or there abouts so that means it retains 40% (new it was about $110 or so), so its not far off the rx-7 used in the example above.

cheers

W
Thanks for posting that. I tried typing the same thing 3 times but it never read right..
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