whay are people giving their cars away?

Started by olly-civic, January 06, 2008, 04:54:21 PM

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elford_tim

Quote from: yehreallyI blame insurance companies making it impossible to own ! :Grrr

I don\'t think they\'re any worse insurance-wise than Skylines and similar cars.

At the end of the day, what do you expect? If you stack one, it\'ll cost a bomb to fix. Insurance companies are in the game to make money, so everytime somebody posts "oops, lost the back end at \'10mph\' and took out a whole bus line", our premiums go up.
1989 Turbo II convertible in Essex Stilletto white

johnf

Quoteiv come to sell my car

So, how long have you owned it?
What did it cost?
What do you hope to get?

I paid 11k for mine five years ago and sold it for 8
Not taking inot account the money I spent along the way inc a rebuild of course - I don\'t think that\'s too bad.
I started with nothing and I have most of it left

travellinbob

supply and demand, simple as that. People ar not too worries about losing a wee bit of money sometimes when selling a car in a hurry and eventually it will have a knock on effect and the price will continue to drop. No doubt in my mind that the series 1 fb rx7 is a way better car than any early ford but the value wont correspond. I think it is sad htat the fd is worth so little but until they stop coming as cheap imports and as soon as people stop whinging a bitching about thier \'frail\' engines etc t will be a better place to sell one.

RobbieRX-7

There\'s no point getting depressed. Just laugh at the mugs paying too much for crap cars. I intend keeping mine for a long time so i don\'t think too much about the sh1te prices of the fd

J6KFS

yeah true. i have a s1 rs turbo and an fd, and as much as i love the s1 its not half the car and not as reliable. melted pistons and burst headgaskets are a common thing. but its from 1985 and made by ford so there arnt many left! but there was only 3k difference in price and after owning them both for 2 and 6 years i know that rx\'s are going too cheap for what they are!

Bulla

Quote from: RobbieRX-7There\'s no point getting depressed. Just laugh at the mugs paying too much for crap cars. I intend keeping mine for a long time so i don\'t think too much about the sh1te prices of the fd

Same here, mine was bought as a toy and unless i win the lottery i cant ever imagine selling it.

Bulla

rx7veilside

i bought mine as a second car and would rether scrap/break it than sell it as i have spent a arm and a leg and a kidney on it
but they are not practical really
mega fuel bills/terrible fuel economy/and high emmissions are just a few of the probs
my early years of ownership were not good ones
thankfully i let carl have mine to put right and am hoping when fully mapped i will appreciate it more
if i was handy with a spanner i would prob do the conversion myself as spartacus did all his at home and seems to have done a pucker job

Kevin

I look at it this way, for the money I could not find a nicer looking, better handling, better performing and endlessly modifyable car than the RX7 I have in the colour I want.  I dont plan on selling mine anytime soon.  Age doesnt bother me as the design to me is timeless plus with my private plate on it most assume it\'s 2000-> anyway.

I imagine in a few years time, when a good few more are written off or scrapped then the price of them will start to rise as it will be more of a classic.  Plus Japan hasnt got an endless supply, as I always search for them at auctions or when im over in Japan i\'ve notice a steady decline in the numbers of them over the past couple of years.

Dont worry about it, just enjoy you cracking little sports car!

Kevin

Although saying that there is a series 2 rs turbo in the back of our garage.  It\'s our shops equivalent to a stress ball! ;)

olly-civic

Quote from: johnfSo, how long have you owned it?
What did it cost?
What do you hope to get?

I paid 11k for mine five years ago and sold it for 8
Not taking inot account the money I spent along the way inc a rebuild of course - I don\'t think that\'s too bad.
18mths
4000quid
id take 3800 for it, if its gonna be less than that due to these price dropping mother truckers then id rather put it at the back of my garage an in 13years when my lad is old enough to drive il pull the sheet back and show him what cars were like when they had wheels and you had to put this petrol type stuff in lol

leon

Ahhh this ol subject :2Rolleyes  i was thinking this while driving home from york today. as a lot of people say its a blend of cheap examples, insurance, and horror stories.  Service is a bit of a pain but hey whats 2 hours work tops every 3 month? or 3000 miles. :Thumbs-up

I was debating is it worth bringing the car up to A1 standard for when i come to sell it. :wiggle
I woof in your general direction.

SiH

It\'s teh same everywhere - when i went to sell my 2000 200sx I looked around and they were going for peanuts. I put mine up for a higher price, and you know what? I got it.
The reason being, that, as far as i\'m concerned, the car was fitted with quality mods, thoughtfully tuned, and very well looked after. A friend of mine was looking for one about the same time, and i looked at quite a few of the cheaper ones with him. They were all sheds, almost invariably \'drift spec\' - meaning fecked. :(
I ended up selling mine fo rabout 2k more than the cheaper examples, and almost as much as I paid for it nearly 2 years earlier. I completely believe this was down to the way in which it was cared for.
How arrogant do i sound?!?! Don\'t mean to, it\'s just i\'m very proud of my vehicles, and hopefully it shows when it comes to sell.

When I was looking for an FD it was the same - the market seems to polarise at the moment - I looked at a fair few cheap cars, and every single one seemed cheap for a reason - I looked at 4k FD\'s that were rusting through on strut turrets, wouldn\'t start warm or cold, had shoddy bodywork repairs evident, had been fitted with cheap mods, etc etc.  All I\'d say to someone looking at the cheap cars is to properly go over them, there may well be a reason for them being cheap. Then look at a more expensive version - see the difference ;)
I looked at a car that was double the cost of one of the cheap ones i saw - if only the colour had been right, i would have bought it there and then - and that was the first higher price example i saw.

rx7veilside

the 2nd hand perf car market is on its knees
look on supra forums and there are cars on there that are quality still selling 6months later
there is so much choice out there
impreza p1 going for 10-11 grand
modded supras 12000
its very hard to get good money for perf cars and the rex has a very sullied reputation as regards reliability more so than other perf cars
cheap imports for 4 grand that then pop 3 weeks later and u have another group of people saying the engines are crap
i have had 2 engine go and were rebuilt by a reputable tuner but that made no difference
first one popped 2 tips and second one compression was crap hardly surprising people are wary of them
its a fantastic looking car but a virtual minefield to own

leon

SiH thats what i\'m thinking of doing, a well looked after clean example will always carry a premium :) The engines are the main bugbear ive heard so many horror stories and lies from people at work who "know" what they are talking about! :2Rolleyes (as in they watch topgear)  

The MRC is a great place to dispell a lot of these lies and stories, yes the engines go at usualy arround 60k but its not a golden rule! the engines dont just "go" because they hit a magic number there is usualy a reason. such as poor fueling to a cheap supporting mod dieing.
I woof in your general direction.

dthebuk

i was reading rx7 club forum a while ago and a guy was claiming the prices of rx7\'s supras etc ( he called them japanese muscle cars) are going to increase!!
he said it had something to do with old american muscle cars being expensive as people had grown up with them but never had a chance to own them and therefore the next genertion of drivers would pay up 50k for a decent stock supra...  personally i dont see that happening


\'91 FC TII - Drifter... Under construction :D
:burnout