Am I the only one who has thought of this....?
 

Or is that just that I am a Canuck?

I think we would all have to agree that unlike most car types that 3rd Gen Rx-7 sales are generally private sales. Hard to find a good one off a dealer....

That being said..when you buy the 3rd Gen and you go over the to Licensing Office and get your ownership etc you then declare the value of the vehicle (the price you "paid" ) for taxation reasons. AND then you get TAXED on your declared value riiiggghhhtttttt?

So do you not believe that values would be artificially deflated because declared sale prices are held down for tax purposes?

Maybe only in Canada though???

;)

Re: Am I the only one who has thought of this....?
 

Yep. It is. You also left out "crazy". I thought "Canuck" always was preceded by ":crazy"? :p:

Not quite accurate. When the RX-7 was first released in 1978, it was selling for as much as $2,000 above sticker price - which is a lot when you realize sticker price was $6995. Sales for the model were almost 10 times what Mazda had predicted.

I would have to agree with JimLab on this one. Jim, you are right as usual however something to think about is the fact that these lower valued FD's are trashed and in need of a decent amount of repairs. The economy is not in a very good state and people dont have extra cash to throw around especially on a FD.

Bottom line folks i think there is still a decent amount of core enthusiasts who would pay a premium for a good example. Finding the right person to pay that premium who knows the FD and its realiablity issues is sometimes a difficult task, however they are certainly out there.

You're right, and I'd forgotten the popularity of the Miata and what they were selling for when originally released. Scratch the "never commanded a premium" comment. :)

n00b here making very first post to the forums. What you said is very true 2-Rotor. My friend recently purchased a '94 RX-7 and paid a generous price for it (more than $15,000) because of how well the car had been maintained mechanically. Usually the RX-7s you see sold in Miami, FL are on their way to an engine rebuild, so they sell for dirt cheap. The few times you find one that works though... then you see them being sold for around $15,000-$30,000, and they do sell fast.

That's why I didn't mind shelling out $18K for my '93 FD from the original owner four years ago. He was an engineer, totally anal about his stuff, so I knew he was the same with the car. When I bought it in '98, the car only had 28K miles on it. Been runnin' like a champ ever since.

Love the AMC photos...:D