How to value your FD
06-22-18, 02:58 PM
#1026
The Ancient
Btw, there's a 95 VR R2 coming up next week I think on BAT with 9550 miles and it looks clean. We'll see how it does. I think we're seeing a fair number of cars now in the mid-to-high-30's?
06-22-18, 06:21 PM
#1027
FD's are a poker game with a low buy in and a high limit.
06-22-18, 07:03 PM
#1028
The Ancient
I've had a similar experience. In hindsight, I don't think anyone should be comfortable "just driving" an original rx7 at this point. If it's not freshly recommissioned, pretty much every US-spec 3rd gen needs at least a thorough new owner maintenance. If you don't have the time, space, or inclination it can easily run a couple grand. And, that's without upgrading anything.
06-23-18, 01:49 AM
#1029
I don't know, Frtiz, that its all about collectors. It may be. But I keep looking at the prices on new cars and what you get for your money and think that is one reason people may be buying these and other 90's cars for pretty big dollars. A new BMW 340 base price is $45,000 and kitted out can reach $60,000+ and yet the driving experience sucks. Electronic steering has no feel. That sort of thing. Plus for your $55,000 or so you have a car just like the other 100,000 of them. Whoop-di-do. A low mile FD is like a newer car, costs the same, handles better, feels better, is far better looking, and offers far more grins per mile. Plus, you can tell yourself you bought a collectible car. So, I think there may be more than one category of buyer for these?
that low mileage one guaranteed needs a lot of things freshened up, hopefully whoever bought it knows what they are doing.
06-23-18, 08:53 AM
#1031
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On this one, we will know. The seller is a dealer. He isn't going to just hold on to it in his secret warehouse for another 2 years. He will claim the sale fell through and relist it. So if we don't see it for sale in the next 2-3 months, it was certainly a legit sale.
The real question in my mind, what was the reserve?!? $38k and it was already met? $40-$41k and BAT ate the difference?
Assuming this is a legit sale, is this one a new record? $42k after fees.
The real question in my mind, what was the reserve?!? $38k and it was already met? $40-$41k and BAT ate the difference?
Assuming this is a legit sale, is this one a new record? $42k after fees.
Well I guess it's worth noting that the BaT buyer says he is going to drive the car "as much as possible". Doesn't sound like a collector.
OTOH with many drivers to choose from, why on earth would someone pay premium dollars for a low mileage collectible car, and drive it "as much as possible". Makes no sense.
OTOH with many drivers to choose from, why on earth would someone pay premium dollars for a low mileage collectible car, and drive it "as much as possible". Makes no sense.
. Anyone paying 42k (plus the possibility of another 5k for shipping taxes etc...) for a 25 year old sports car that originally cost 34k has some money to burn. Of course I think the FD is absolutely one of the best choices for lighting up dollar bills The same reason why you don't leave your girlfriend fresh for the next guy :p
Plenty of people out there with money who want to have the "new" car experience and don't care about resale value. The idea of losing 10-15-20k isn't really worth thinking about for a lot of people. Another way to look at it is the 340 example above, buy that and drive it for 3 years and you'll be lucky to get half of that $60k back.
Plenty of people out there with money who want to have the "new" car experience and don't care about resale value. The idea of losing 10-15-20k isn't really worth thinking about for a lot of people. Another way to look at it is the 340 example above, buy that and drive it for 3 years and you'll be lucky to get half of that $60k back.
I've had a similar experience. In hindsight, I don't think anyone should be comfortable "just driving" an original rx7 at this point. If it's not freshly recommissioned, pretty much every US-spec 3rd gen needs at least a thorough new owner maintenance. If you don't have the time, space, or inclination it can easily run a couple grand. And, that's without upgrading anything.
FD's are a poker game with a low buy in and a high limit.
FD's are a poker game with a low buy in and a high limit.
your average car enthusiast let alone public buyer will not be able to own an FD and experience all that for very long. it is such a sacrifice to own these, especially since it takes so many hours of research and experience just to happily be able to drive a well sorted one. I would imagine 99% of people would rather drive that new bmw trouble free for a while until the warranty runs out, than to get into an FD.
that low mileage one guaranteed needs a lot of things freshened up, hopefully whoever bought it knows what they are doing.
that low mileage one guaranteed needs a lot of things freshened up, hopefully whoever bought it knows what they are doing.
All of the above are reasons why this car will only expand upon it's LEGEND!
Last edited by Fritz Flynn; 06-23-18 at 08:57 AM.
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06-30-18, 10:10 AM
#1033
The Ancient
Here is another VR FD on BAT. Touring with 21,000 miles hit $26,000 on third bid on 1st day.
https://bringatrailer.com/listing/19...ign=2018-06-30
https://bringatrailer.com/listing/19...ign=2018-06-30
06-30-18, 10:49 AM
#1034
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Here is another VR FD on BAT. Touring with 21,000 miles hit $26,000 on third bid on 1st day.
https://bringatrailer.com/listing/19...ign=2018-06-30
https://bringatrailer.com/listing/19...ign=2018-06-30
Will it go to 40k?
06-30-18, 03:06 PM
#1035
The Ancient
06-30-18, 06:40 PM
#1036
The Ancient
I may be very wrong. It's at $30,000 on the first day... 6 to go. Maybe $40,000 after all. Maybe 40 is the new 30?
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07-04-18, 03:18 PM
#1039
The Ancient
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IMAGINETHAT (07-05-18)
07-06-18, 08:43 PM
#1042
That 9k mile Red FD is online now....and already at 20 large:
https://bringatrailer.com/listing/1993-mazda-rx-7-32/
https://bringatrailer.com/listing/1993-mazda-rx-7-32/
so forum member fastrx7man is selling
07-07-18, 01:42 AM
#1043
That 9k mile Red FD is online now....and already at 20 large:
https://bringatrailer.com/listing/1993-mazda-rx-7-32/
https://bringatrailer.com/listing/1993-mazda-rx-7-32/
07-07-18, 02:49 AM
#1044
That 9k mile Red FD is online now....and already at 20 large:
https://bringatrailer.com/listing/1993-mazda-rx-7-32/
https://bringatrailer.com/listing/1993-mazda-rx-7-32/
07-07-18, 09:21 AM
#1048
All out Track Freak!
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The VR/tan was a good deal at 30,250. The tan interior really does hurt value.
The SSM with rebuilt engine and some mods was the best deal I've yet to see on BAT at 17250.
Great market for this car! In a few more years I can see good running high mileage FDs selling for 25k plus (cars similar to the sssm).
07-07-18, 09:35 AM
#1049
Let's hope it runs well into the 40s but I'm skeptical. The last Red/Tan car jumped to $30k with 5-6 days left then only went up $250.00 the last day. Interesting times and it makes me reevaluate my opinion of FD values. At under $20knits hard to argue with the fun factor and overall experience a FD brings. Over $30k it becomes hard to justify with the other options out there.
07-07-18, 08:33 PM
#1050
The Ancient
Fastrx7man's 9000 mile VR Touring on BAT hit $36,000 with 6 days to go.