Sinister

Im pretty new to the FD scene, and was wondering a few things. Right now, Im a senior in high school and was looking into buying an Rx7, preferably a 3rd gen. Ive looked through several FAQs and realize the problems Im going to encounter when purchasing this vehicle. Though I got to wondering about how much these cars are going to be worth in years to come. To make a long story short, I feel like they're pretty much the muscle cars of my generation, and was looking into investing in one. Because, ya never know how much they could be worth in 20 years. I was wondering if theyre is a specific FD that looks promising as far as value goes (example: R1 & R2). Is there a specific paint job etc I should look for that comes straight from the factory that isnt common. Basically all the things that makes a car valuable. What Im really looking for, is a project car, thats running. But, needs work. Would it be worth more to keep everything stock, or would it be worth more to have various upgrades, like a 20B conversation. Is there a way to tell where the car was made, what year and month etc? Just like with the older muscle cars. your opinions would be appreciated. Thanks in advance.

Rob

vel525

iTrader: (4)

Hmm, you should keep researching. There's a lot of info that will answer most of your questions. The first thing that comes to mind is that you're in highschool. You should realize that owning a FD is very expensive. So unless you are rich I would hold off on buying a FD for now. As a collector's item I wouldn't expect this car to be worth a ton of money anytime in the future. Also, you can probably get year/month info from Mazda if you give them a VIN. Otherwise, keep reading.

Mahjik

iTrader: (1)

Buying a car as "an investment" is the worse "investment" to make.

Xearo_FD3S

^ /agree

TMadlem84

Okay... first off, the prices on all RX-7s suck. You are not going to buy an RX-7 now & be able to make any real profit on it by holding onto it for 20 years (even if you never drove it & kept it low miles). People just don't understand (or fear) all the rumors they've heard about the rotary engine, which is why you can buy a VERY NICE FD, for $20k or less.

As for rare models; the most rare would be to import a 99+. Those were not ever released in the US & have an 'upgraded' body. The rarest paint would be the CYM (yellow). The rarest you'll realistically be able to find in the US is a CYM 1995 R2 (I think? May not have CYM R2s... someone else would know better than me). (good luck though). I would recommend getting an R1 or R2, it's the 'sport' package.

20B conversion is VERY expensive, & you will not be likely to re-coup all the money you pay for it when you sell it.

Basically, don't look at the RX-7 as an way to acheive high returns on investment. People invest all sorts of money into parts, upgrades, & repairs, & their cars will still never sell for much (if any) more than they personally paid for it. The RX-7 is just a car to 'invest' in because it is a blast to drive, not to profit. Be ready to invest a lot of time & money into your car... but don't be planning on seeing any real returns.

Sinister

Haha, tell that to the old timers who are selling there Cudas for 90 grand. I mean obviously I dont expect any FD to be worth that much (stock). But, also Ive always wanted an Rx7. Since I first got into cars it was something that attracted my attention. There are very clean low mileage FD's selling on here for 25k. Im looking for more of a project car though. Even if I never sold it, I'd still love to own one. I plan on trading in my car now and adding some extra cash for an FD they're selling close to my house. 38k miles on it, twin turbo, everything. Its goin for 12k. But its automatic and the interior is water damaged.

Josh T

you have no idea what you are looking at or for.. do more research and ask yourself if that is a good deal.

If you truely read the FAQ section, you would probally know the answer.

I would honestly look elswhere at another car that doesn't have flood damage...

Its already an old car as it is and will need replaced parts. 12k is also way to much IMHO.

TMadlem84

Even if people are selling their Cuda for 90grand... they probably never have driven it (who would pay $90k for a high mileage Cuda?)... & what's the point of buying a car to never drive it?

If the idea is to make money... you would do better to take your $20-25k (cost of a nice 7) & invest it in conservative stocks.

kuning

Wait for 50 years or so. Sell it in an auction. I'm sure a rotary enthusiast with tons of money would buy one for his collection. That's probly the best scenario.

And oh, considering that's the spirit R of course

RX 4 Speed

This statement right here proves you haven't read all the FAQ's, stickies, etc... and have obviously not done enough research. All FD's came twin turbo... period... from 93 to 95. So stating that it comes with "twin turbo" and being all impressed by it, is like stating it comes with 4 wheels. Another thing, an automatic? That alone will be enough to make you want to look elsewhere...

neit_jnf

iTrader: (17)

competition yellow mica 1993 R1 100% stock with extremely low miles is valuable

any low mile 1995 R2 might also be because of the few that were imported

if you want a rare second gen, try and find a 1990 GTUs (only 100 sold)

TMadlem84

Didn't even notice that before...

saxyman990

You mean something like this:

TMadlem84

WTF... I assume that is photoshopped...

saxyman990

Nope (it's not mine though, for those that may be wondering). I do know who it belongs to though...

TMadlem84

& it's being stored in somebody's house/apartment? How?

recon fd

This is the first thing that is wrong with your post. I remember what I did to my poor little Teg. GS-R in high school. Please don't buy a 3rd. gen in high school! I am not putting you down for being young or some ****, because I am sure you would love your FD, but I don't want to see another 3rd. gen lost to something stupid. I could see myself in a 3rd gen in high school, cool and pimpin, but I can also see myself wrapping the thing around a tree and killing myself. Also, unless you are loaded, which you may be, I know money is not flowing really well in high school and 7's are expensive! GAS, insurance, constantly being fixed. Expect to put a lot of money out there just in up keep. Little things break on these cars and they are very expensive to replace.

Sorry to rant and rave, good luck with finding a good 7 if you decide to go that route.

Mahjik

iTrader: (1)

Not every car will be a "collector's" car. You don't see Pinto's going for 90 grand do you? Actually, I would see the RX-2 being more of a collector's vehicle before the FD.

Don't buy a car expecting to keep it for 50 years and then turn a profit. It won't work. Even so, you'll spend more than 90k on an FD in 50 years worth ownership unless you just garage it for the entire 50 years.

saxyman990

And if you let the car sit for 50 years then you'll have to spend 90k just to get it running again.

dohc-vtec_eg

i had a 3rd gen in my first year of college... now i am FOREVER broke till i sell this car but dam a FD is so worth driving.

POS7

A car is a liability, not an investment Very few cars actually will appreciate in value. If you look at how long it takes for cars to actually start appreciating in value, you'll see that many are in the 1960s. Many don't appreciate and just rot in someone's backyard or in the junkyards.

A better investment would be to take the 15g that you would spend on the car today, and actually invest it. If you compound it at 8% over the next 40 years (instead of garaging the FD for 40 years), you would have a fair amount of money.

PV= -15g
PMT=0
i=8%
p/y=1
n=40 years
FV=$325,867.8

If you change the interest rate to 10%, you get $679,000 in 40 years. Do you think the FD will appreciate by 45X in the next 40 years? (in other words 45*$15000)

In addition, you'll still have to pay liscencing and registration fees, insurance, etc etc. Even if your car appreciated at the rate of 1g a year, you'd still be in the hole because all these items cost more than 1g a year (potentially).

Unless you have a rich mommy and daddy (this is directed to the thread starter), you should forget about owning a FD until after college - or until you're maybe 21 or so.

Saving your money and investing it is a far better option unless you got the cash flow. <-- This means more than working at mcdonalds for $6 an hour (try at least 2x that)

CheesePowder

I just got a virtual time email from my future self from 2055 and he (my future self) told me (the current me) that he owns a collector FD from 1993. Apparently it is now worth 125,000 dollars. However, it is only a collectors item because all other cars now FLY and no longer run on gas. The FT (the newest future RX-7) uses twin FLUX CAPACITORS to raise the power of its ROTARY FUSION GENERATOR (basically a non piston FUSION GENERATOR which uses special GOOKA rotors). GOOKA rotors are made from a special metal that was discovered when an asteroid struck south america in 2015- otherwise known as the GOOKA incident which left 150,000 dead and 20,000 injured.

Also, all cars made earlier than 2049 are collector's items and $125,000 future US dollars is worth about $13,000 in 2005 money.

Also, there will be a stock market crash in 2006, 2013, 2022, 2031, 2044, and 2050 with 2022 being the most devastating.

So there. If you want the real facts, tattoo a note on your body telling yourself in the future to virtual time email you in 2005 and tell you what's going on. Then go out and buy and FD to sell in 50 years as a collector's item.

recon fd

^
l
l
HAHAHAHAHAHAAAAAAAAAAAAA wow great ****!!!!!!!!

Jaiyurai

iTrader: (30)

wow.. a 93 CYM original is pretty awesome. I think I might know who that it but I thought that same person had a Black R2 in his living room. I could be wrong. He did own a CYM also.

CheesePowder, thats HILARIOUS!!

flunkysama

iTrader: (4)

A car you buy as an investment isn't really a car, it's a toy, an object. You had better have 1 or 2 real cars before you buy an speculative investment car.
Also, don't buy unless you have a long term storage space, preferably temperature controlled. This, along with maintenance and insurance is an expense. Holding onto a car for 20 years is not free.
Remeber that every mile you drive on that "investment" is going to lower its value. And since you are buying it maximize its value, it's does not make much sense to drive it.

I think (along with most everyone else) that you are grasping a straws to justify buying an FD.