How to value your FD
#2351
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This is likely the MB base that just sold on BAT for 33,750 with 70k miles. Now listed at 44,900. I think we'll continue to see more of this. I don't think this car will sell anytime soon but it really could sell in a couple of years at 44. Crazy market.
https://www.auta.com/details/?listing=56937401
https://www.auta.com/details/?listing=56937401
#2353
We are getting into peak sports car buying season now. I bet you will see the highest prices for less desireable cars in May through July and then they will start to taper off. As I've mentioned before, a large portion of the US was still getting snow as of a few weeks ago.
#2354
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We are getting into peak sports car buying season now. I bet you will see the highest prices for less desireable cars in May through July and then they will start to taper off. As I've mentioned before, a large portion of the US was still getting snow as of a few weeks ago.
Yep
Deals in Oct, Nov
High prices in April and May
#2355
This is likely the MB base that just sold on BAT for 33,750 with 70k miles. Now listed at 44,900. I think we'll continue to see more of this. I don't think this car will sell anytime soon but it really could sell in a couple of years at 44. Crazy market.
https://www.auta.com/details/?listing=56937401
https://www.auta.com/details/?listing=56937401
I was going to relist my 95 CW with 65k miles for $35k, I think I should reconsider. Its just hard for me to see the value in these cars at these prices. However, I've been struggling to see the value the last 2-3 years and the prices just keep going higher.
#2357
It Just Feels Right
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IMO what drives prices are comps (what similar **** is selling for), availability (which is tied to comps, i.e. supply-demand), and what else can i get for my money. When you start pushing towards Porsche prices, would you rather have a Porsche (or pick any other high $ car)?
Personally, i was happier when prices were $12k. Didn't have to worry about crashing it or having it stolen
#2358
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$40k now and $45k not too long from now
IMO what drives prices are comps (what similar **** is selling for), availability (which is tied to comps, i.e. supply-demand), and what else can i get for my money. When you start pushing towards Porsche prices, would you rather have a Porsche (or pick any other high $ car)?
Personally, i was happier when prices were $12k. Didn't have to worry about crashing it or having it stolen
IMO what drives prices are comps (what similar **** is selling for), availability (which is tied to comps, i.e. supply-demand), and what else can i get for my money. When you start pushing towards Porsche prices, would you rather have a Porsche (or pick any other high $ car)?
Personally, i was happier when prices were $12k. Didn't have to worry about crashing it or having it stolen
an FD at $12k was cheap, my 1958 Triumph Tr3 with a big dent in it sold easily for $11k, and the FD is a lot more car
#2361
So, if you take a decent shell
$10k shell
$10k suspension
$10k engine
$10k paint
$5k interior
You're at $45k for a perfect-ish FD
Then, what's your year of driving depravation and personal hassle worth? Another $10k?
And, then what are originality, pedigree, and options worth? Another $10-15k?
Top of the market looks like ~$70k
$10k shell
$10k suspension
$10k engine
$10k paint
$5k interior
You're at $45k for a perfect-ish FD
Then, what's your year of driving depravation and personal hassle worth? Another $10k?
And, then what are originality, pedigree, and options worth? Another $10-15k?
Top of the market looks like ~$70k
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#2362
Rotary Freak
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so, if you take a decent shell
$10k shell
$10k suspension
$10k engine
$10k paint
$5k interior
you're at $45k for a perfect-ish fd
then, what's your year of driving depravation and personal hassle worth? Another $10k?
And, then what are originality, pedigree, and options worth? Another $10-15k?
Top of the market looks like ~$70k
$10k shell
$10k suspension
$10k engine
$10k paint
$5k interior
you're at $45k for a perfect-ish fd
then, what's your year of driving depravation and personal hassle worth? Another $10k?
And, then what are originality, pedigree, and options worth? Another $10-15k?
Top of the market looks like ~$70k
#2363
And, that's not a wild estimate. I could stuff $10k underneath my car in suspension, wheels, tires, and brakes tomorrow and none of you would be that impressed or maybe even notice.
I guess my central suggestion is that the top of the market is determined by the bottom of the market and the distance in cost and effort to get to the top. The FD has cemented itself as a desirable classic, irrespective of the stat sheet, and there are limited avenues to have a pristine example that collude to determine the pricing. Savvy buyers and sellers are running similar napkin math, to choose their course.
I guess my central suggestion is that the top of the market is determined by the bottom of the market and the distance in cost and effort to get to the top. The FD has cemented itself as a desirable classic, irrespective of the stat sheet, and there are limited avenues to have a pristine example that collude to determine the pricing. Savvy buyers and sellers are running similar napkin math, to choose their course.
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#2364
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#2365
Here are 2 additional pricing datapoints from a Mazda dealer in MN:
93 SSM/Red with 2774 miles listed for $70k
https://www.morriesmazda.com/invento...fd3314p0209921
93VR/Tan with 16995 miles listed for $39.5k
https://www.morriesmazda.com/invento...fd3317p0201165
93 SSM/Red with 2774 miles listed for $70k
https://www.morriesmazda.com/invento...fd3314p0209921
93VR/Tan with 16995 miles listed for $39.5k
https://www.morriesmazda.com/invento...fd3317p0201165
#2366
I'm sure I'm in the minority here but I believe that once the next Rx-7/ Rx-9 (whatever they call it) comes out, these 3rd gens will actually drop in value. My reasoning is this.... by the time you pick up a 3rd gen and get the engine work/ suspension etc done.... your probably looking at minimum 45k invested if not more. For say 10-20k or even 30k more, you could have a brand new Rx with the updated 16x motor, updated suspension etc. The value in the 3rd gen is high now because it was the last generation so they are highly sought after and they look great. If a new RX never comes out again, the 3rd gen will probably continue to appreciate...... but if it does come out.... I'm predicting a big drop as buyers will tend to gravitate towards the newer technology and frankly, more bang for the buck. I had considered buying a 3rd gen (only interested in one not running ) but now I am in a holding pattern until we have confirmation on if there will or won't be another rotary sports car. If there is, that's where my money is going. If not, I'll eventually pick up a 3rd gen and build it how I want. I'm almost certain there will be another rotary as Mazda invested too much time already perfecting the rotary into what they are calling the 16X. All IMHO, I don't mean to ruffle any feathers here. Just my perspective.
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gmonsen (05-25-19)
#2369
Rotary Enthusiast
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Disagree
I believe that most driving enthusiasts dont like all the newer cars styling, electronic steering and electronic aids. Look at the Porsche guys for instance. Porsche have actually put a manual transmission back into some porsches due to hard core porsche fans requesting it. Let's not even get into the air cool porsche. I could be wrong but I dont see Fd dropping in price ever. It's like saying a 1st gen camero will drop in price. This is my opinion. I suggest that you buy a Fd now because they will go up in price.
#2370
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I believe that most driving enthusiasts dont like all the newer cars styling, electronic steering and electronic aids. Look at the Porsche guys for instance. Porsche have actually put a manual transmission back into some porsches due to hard core porsche fans requesting it. Let's not even get into the air cool porsche. I could be wrong but I dont see Fd dropping in price ever. It's like saying a 1st gen camero will drop in price. This is my opinion. I suggest that you buy a Fd now because they will go up in price.
Eventually cars will go the way of the horse and buggy and end up in the junk yard. Still a long way to go but the electric car storm is likely the 3/4 way point. Possibly in 40 years we won't even care about gasoline powered vehicles at all. All those crazy prices on collector cars like the 4.0 GT3 may just turn out to be crazy, OR NOT and they'll be relics worth even more..... LOL.
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alexdimen (05-22-19)
#2371
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I believe that most driving enthusiasts dont like all the newer cars styling, electronic steering and electronic aids. Look at the Porsche guys for instance. Porsche have actually put a manual transmission back into some porsches due to hard core porsche fans requesting it. Let's not even get into the air cool porsche. I could be wrong but I dont see Fd dropping in price ever. It's like saying a 1st gen camero will drop in price. This is my opinion. I suggest that you buy a Fd now because they will go up in price.
Usually when you go to a track day you'll see lots of new hardware and then a few old classics. In general car enthusiast are looking for the next best thing.
#2372
It Just Feels Right
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Think you will see these cars appreciate as people who grew up in the era start gaining more wealth. Eventually, the values will plateau and the buyers start fading away to be replaced by the next generation that did not grow up on these cars and will want whatever they will grow up with (which may not be cars ). Just look at the muscle car trend for a gauge
And FWIW, a stick shift can't hold a candle to a modern DCT with traction control on the track
And FWIW, a stick shift can't hold a candle to a modern DCT with traction control on the track
#2373
The bomb is in the toy!1!
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But I sure would like to see some kind of GT race series established that strictly used manual transmission cars. And I don't mean spec miata or SCCA races. A series with real sponsors, professional drivers and broad coverage; like IMSA weathertech or similar. It would spice up the driving and be a lot of fun to watch. When you're spectating a race, the lap times mean much less than the various battles going on, on track.
I'm not hopeful that will ever happen, just saying I think it would be enjoyable as hell to watch.
#2374
I'm sure I'm in the minority here but I believe that once the next Rx-7/ Rx-9 (whatever they call it) comes out, these 3rd gens will actually drop in value. My reasoning is this.... by the time you pick up a 3rd gen and get the engine work/ suspension etc done.... your probably looking at minimum 45k invested if not more. For say 10-20k or even 30k more, you could have a brand new Rx with the updated 16x motor, updated suspension etc. The value in the 3rd gen is high now because it was the last generation so they are highly sought after and they look great. If a new RX never comes out again, the 3rd gen will probably continue to appreciate...... but if it does come out.... I'm predicting a big drop as buyers will tend to gravitate towards the newer technology and frankly, more bang for the buck. I had considered buying a 3rd gen (only interested in one not running ) but now I am in a holding pattern until we have confirmation on if there will or won't be another rotary sports car. If there is, that's where my money is going. If not, I'll eventually pick up a 3rd gen and build it how I want. I'm almost certain there will be another rotary as Mazda invested too much time already perfecting the rotary into what they are calling the 16X. All IMHO, I don't mean to ruffle any feathers here. Just my perspective.
Lol. The new Supra is really hurting the MKIV values lately.... hahah. No
#2375
Ahhh, you're assuming that Mazda will continue to make parts and support the platform, which is doubtful at best. I've been after them now for 3-4 years to start a Heritage Parts program, similar to what Nissan and others have done. Unfortunately, when their factory molds get old and sales volume goes down, they destroy their molds. Are you starting to part out RHD models yet?
Toyota Will Soon Offer New Parts for the MKIII and MKIV Supra
Making obsolete parts available again can only result in overall appreciation of our cars.
Last edited by Montego; 05-22-19 at 04:53 PM.