What I don't get is how in the world 3rd gens are so expensive. I'm flipping through the local classifieds and find 93 models going for to close to 20k. My mom just sold her Mercedes that she bought new in 95 (40K car) for 18k, which is fair market value. Keep in mind that this car is two years newer, more reliable and about 8k more expensive to buy. I don't get it?? Don't get me wrong, I love Rx7s...but what I don't understand is how a 32k car doesn't depreciate to even half it's value in a span of 10 years. The kicker is that the cars that are reliable tend to hold value best. Lets be real here....the RX7 is no Toyota Camry.

<flame suit on></flame>

 

go buy your Camry and say..

"Oh what a feeling".

 

Yep theyve been going up in price.
When I got mine there were alot of yung'ns lookn at them. Granted Im not old (26) but they rolled up with their parents to test drive em. The last time I looked at buying one (99) they were going for alot less.

 

but look at this.......how many people do you see driving these around? Face it, they are pretty rare cars and very nice exotic cars. And I agree with ZeroBanger, go buy a camry and see how many people look at your car and say damn.....or the feeling you get when you step on the peddle and hit boots! OMG! wait a second the camry doesn't have turbos....not a whole lot of cars do now days.

 

Maybe you're not looking in the right places. I got my 93' Base model almost 3 months ago for a base price of 10,400. Exterior is damn near flawless, interior IS flawless, 88k miles, 10-8-10 boost pattern. Just needs a rebuild, but even after that its still well under 20k

 

still not worth 20k, especially with the engine popping all the time.

 

its all about supply and demand.......supply drops year after year and demand stays constant....plus the cars are coming with more and more mods that the owners want money for...here's one to blow your mind....one with no motor still goes for $8,000ish about what a 1999 camry goes for. only a few cars hold value as well...i.e. BMW m3, porsche

 

It's simple economics. Supply and demand. The supply of these cars is decreasing as people destroy them, and there are no new ones to replace them. As long as there is a significant demand for these cars, prices will not go down.

It's not like the Mercedes that was produced in mass quantities, and continues to be made.

 

If the RX-7 was sold here in the states until 2002, I'd bet you'd find 93s for sale for $5-10K in good shape.

The problem is there is NO replacement for the FD. It's performance is stunning, the cars are rare.

It isn't a Camry (or Accord), the important part about that is they are readily available. If you bought a new Accord for $20K in '99, in '00 you could buy another new one for practically the same price, so the '99 is worth less because it is used. 2-3 yrs go by and your '99 is worth 50% because the '00 is worth 65%, the '01 is worth 73% and the '02 is worth 77% of new price (% are estimates).

I remember looking at used 93 FDs in '95. You could pick up a very clean low mileage car for $20-25K, cheap considering that they pull $10-18K 8 yrs later.

Jeff

 

the rx7 is the only production vehicle sold in the US with a rotary engine under the hood. The mb does not.

 

I think that the FD RX-7 was at it's lowest prices in 2001. I saw prices getting down close to $10k for a good running one.

I picked mine up in february 2001 with 60k miles for $13,000. The interior was pristine, engine was clean, and car ran nice. I later found a bent wheel that must have been there when I bought it since I never popped a curb. still a good price for an awesome car.

 

Go check out Supra prices. You won't be complaining about FD's.

 

Funny thing is, i paid $16,500 for mine 5 years ago, and i'll bet i could get every penny of that for it right now.

 

In November of 2001, I paid $20k for my 93 touring. The car was bone stock and only had 20,075 miles on it.

I've got barely over 25,000 miles on it now and I bet I could probably make money if I sold it!

It's a collectible

BTW.....I can't believe you even tried to compare it to a Camry in any way!

 

Yes, the price on rx7's have gone up. After the movie fast and furious the value as gone up even more. I'm not too sure what will happen when the new RX-8 comes out though.

 

Yep '93 Supra TT's with 100k+ going for 20k+...

 

Oh soo true prices are insane for a car that original retail was *im guessing* around 40k new and 10 years later still can go from 20k to up to 40k for modded ones ive seen some 800+ supras going for 60k+

 

Just a clarification for newbies - other Mazda rotary powered vehicles were sold here: R100, RX-3, RE P/U, etc.

I think the rotary-powered part is important to only the hard-core enthusiasts, as that most people (the general car buying public) are either 'duh' or view rotary engines as just curiosities.

It's a nice, rare car - simple as that. Value will vary greatly from region to region though.

 

I got mine a couple months ago. '93 BB base model w/ 70K miles for $14K, great cond.

 

Yes, pricing for the FD has gone up in the past couple of years. The only reason the prices are heading upward is because sellers know that buyers are willing to pay for these cars today. I've said it before and I'll say it again... Blue book doesnt mean crap when it comes to these cars...

 

I've been telling a lot of people the same thing. I watched prices dip a bit back last August, but I am positive they are on the rise again.

 

anyone else have a hardtime explaining this to their bank/loan lender? i sure did

 

Cant expect the lender to understand how the market for these cars are. Kind of tough getting a loan for a car that is 9 or 10 years old...

 

I bought my 93 touring for $11,700 in 2001 brand new paint, pristine interior, i can easily sell now for $14k oh and i bought it with 59,000 miles!!!

 

What do you expect living in S/CA?
20k is pretty cheap to roll with the big dogs...

Got my 94 with 58k for 13.9 k, awesome stock car with new engine ect,moral of the story is to buy where FD,s are cheap and drive back! C.