Used 3rd Gen. Prices
12-10-2001, 08:31 PM
#1
Junior Member
Thread Starter
Join Date: Dec 2001
Posts: 2
Hey I'm new here, and I actually don't own one, but I would like one and have some questions before I get real serious. From NADA and KBB listings a good condition '93 base should average around 12,000 dollars, but many of the listings by private owners are near 18 and higher, is this just a case of owners thinking their car is more valuable than it really is? because i have seen some around the 12 range too. Also should I be wary of cars that have had engines replaced? it seems to occur fairly offen with these cars, and if a car just had it replaced would it stay running for at least 3 years with out major engine repair? Any other tips people could give me for buying my first rx7 would be appreciated thanks
12-11-2001, 01:03 AM
#4
Junior Member
Thread Starter
Join Date: Dec 2001
Posts: 2
Okay so get one with a new engine if possible, but is it reasonable to bargain around the nada value when the many owners clearly believe their car is worth more than it really is. Due to owners with particularly high opinions of these cars i want to get the bargain but i don't want to offend them. Book value is book value
12-15-2001, 01:14 AM
#5
Senior Member
Join Date: Nov 2001
Location: Grape town baby
Posts: 125
Value is where the demand defines it. Simple economics. People are willing to pay 18k for a car that's worth 12k. Just because it has low miles, never been wrecked, what not. Lets face it, were in the market for fairly rare cars, so our choices are limited. It's a buyers market. My advice is patience. And LOTS of it. Good deals do and will come along.
-Steve(still waiting for The One) :sigh:
-Steve(still waiting for The One) :sigh:
12-15-2001, 07:09 PM
#6
Senior Member
Join Date: Jul 2001
Posts: 428
The other way to look at it is to get a car that is good shape without a new engine and save the money for a motor install that with a mechanic you KNOW that is qualified. You can find good FD's at the lower end of the price scale. I suggest testing the boost pattern to see what PITA boost issues are there. I would not touch a car that has boost issues unless it was VERY cheap.
If you need info on how to test boost post a another seperate topic.
If you need info on how to test boost post a another seperate topic.
12-29-2001, 10:49 AM
#7
Junior Member
Join Date: Nov 2001
Posts: 2
I remember the 1st AC Cobra I saw back in 1966, it was a used 1965 289 version and it was love at first site. I was just out of the Navy at the time and there was no way I could afford it. About 1971 I saw a new 1968 AC Cobra 427 roadster that had 11 miles on it in the paper (NY TIMES) for around $9500. I was and still am madly in love with AC Cobras but this price was a few thousand dollars more then they had sold for new and still out of my price range. Today that AC Cobra if it still exists is worth a small fortune. The reason its worth so much money is that it is a great car and not many were produced. The Gen 3 RX7s in some ways are a much better car then the AC Cobra and as with the Cobra not many were made. My suggestion to you is find a GEN 3 that has its original engine with no modifications done to it and spend your money bringing it back to new condition. Someday that GEN 3 will sell for much more then you paid for it. You will have had the pleasure of owning & driving one of the greatest production cars ever made. Although I still do not own an AC Cobra, I do own a 1995 Gen 3, 1 of less then 300. I have no plans of ever selling it, but if I did it would probably be to buy an AC Cobra I could now afford with the money I would make from the sale of the Gen 3. Ha
01-19-2002, 10:44 AM
#9
Senior Member
Join Date: Nov 2001
Location: Bay Area, CA
Posts: 7,316
Originally Posted by vosko' date='Dec. 10 2001,23:37
umm, get a car with a new engine already if possible. the best thing to do is have the car checked out by a rotary mechanic to find any underlying problems.... if you do that you should be good to go 
02-09-2002, 11:12 PM
#10
Junior Member
Join Date: Feb 2002
Location: Sierra Foothills (The new Wine Country)
Posts: 22
I just bought one in Dec. Complete touring package. Silverstone on Red Leather. Paid 16,900 on ebay. Only 41K original. Verdict is still out on this car as is now in shop for possible turbo problem. But with luck I won't need a new turbo and even if I do It may just take a couple of grand thrown at it to solve problem. Near mint condition otherwise.
