Discussion
Been looking at Rx 7 prices again recently
There's been some folk really struggling to sell over at Mazdarotaryclub.com.
I would have thought that since no new cars (other than ancient pre 93 cars) can be brought into the country courtesy of our thieving bas*ard government, the prices would be holding.
I have my suspicions that 13mpg, combined with high fuel costs are taking their toll. Also I would have thought that the market demographic of Rx 7 buyers (young blokes without huge disposable incomes) means that many are struggling to keep them on the road.
I worked out that if I was to buy the fuel bill for my annual milage (10,000 miles) would be 3.5 grand
. Hell, two years and thats more than the value of many Rexs out there....
Andy
There's been some folk really struggling to sell over at Mazdarotaryclub.com.
I would have thought that since no new cars (other than ancient pre 93 cars) can be brought into the country courtesy of our thieving bas*ard government, the prices would be holding.
I have my suspicions that 13mpg, combined with high fuel costs are taking their toll. Also I would have thought that the market demographic of Rx 7 buyers (young blokes without huge disposable incomes) means that many are struggling to keep them on the road.
I worked out that if I was to buy the fuel bill for my annual milage (10,000 miles) would be 3.5 grand
. Hell, two years and thats more than the value of many Rexs out there.... Andy
Ironically I think that being labelled grendes has helped them survive, as people are more prepared to buy 15 year old cars that they know the engine has been re built on.
I would be wary of buying many 1993 cars with untouched engines as I know they'd be getting on a bit.
Conversely most Rex's have been freshend up a bit since they were built.
Andy
I would be wary of buying many 1993 cars with untouched engines as I know they'd be getting on a bit.
Conversely most Rex's have been freshend up a bit since they were built.
Andy
andytk said:
I have my suspicions that 13mpg, combined with high fuel costs are taking their toll.
Certainly not cheep to run but 17-20 for 'combined' usage is more like, up to 23-24 for motorway, more if you keep under 80. Particularly if you're modded with an Apexi ECU as economy goes up a notch. Having a crap 2nd car can pay for itself as you know you've got something decent to drive at the weekend.
andytk said:
Also I would have thought that the market demographic of Rx 7 buyers (young blokes without huge disposable incomes) means that many are struggling to keep them on the road.
Certainly can be a problem, particularly if they buy a car needing attention. Seen a few buy then end up selling 3 months later losing a few grand because they didn't do their homework (i.e. get it vetted by a garage) or were sucked in by the car and didn't do the maths.
If you're lucky (or buy one with a rebuilt engine) you will probably spend a few hundred on routine maintenance, less if you can do plugs and oil yourself. I've done about 6k milles this year in mine and hardly used any of the rear tyres (eagle f1's) so they should be good for another 10k miles at least (which shows I obviously drive too carefully!).
I think the Rex's still fetch more than their rivals of the same era tho, like the 300zx, 3000GTO.
Iaint, agreed with the fuel consumption, I get 17/18 mpg from a mixture of driving.
Also have F1 GSD3's, done 10,000 on them and the rears are about 2/3 worn so should see 15k, not bad I spose
Iaint, agreed with the fuel consumption, I get 17/18 mpg from a mixture of driving.
Also have F1 GSD3's, done 10,000 on them and the rears are about 2/3 worn so should see 15k, not bad I spose
Yep, I've watched the price of Jap supercars plummet over the last year with distain - and the Rx-7 has been particularly badly hit. The two things that have happened recently that tally with this is the new E-SVA regs and the price of petrol going stratospheric. Now I'd have thought that a rule effectively stopping anyone importing new RX-7's into Blighty would push the values of already imported cars up, but the opposite has happened. The crippling cost of go-go juice is also a big issue for a lot of folks as it's got to the stage where the stuff is so expensive that it's having an effect on people's disposable income even for 'regular' cars, let alone a sub twenty mpg monster like the RX-7...
Of course the real reason prices have plummeted is simply Murphy's law - I bought an RX-7, ergo the price immediately tumbled. They'll go back up to normal levels about an hour after I sell mine.
Of course the real reason prices have plummeted is simply Murphy's law - I bought an RX-7, ergo the price immediately tumbled. They'll go back up to normal levels about an hour after I sell mine.
Beefmeister said:
Thats seriously sweet looking canam-tt, what mods are you getting under that sexy new bonnet?
There is:
a single turbo conversion
water injection
Fuel Pressure Regulator
Swirl Pot + HP fuel pump
Bigger injectors
Apexi FC
V mount Radiator/Intercooler
Removed most of the vacuum pipes
Removed Aircon
Removed ABS
And the list goes further!
flat_steve said:
Of course the real reason prices have plummeted is simply Murphy's law - I bought an RX-7, ergo the price immediately tumbled. They'll go back up to normal levels about an hour after I sell mine.
I also subscribe to this law- tho I call it something else! £*!Ki%
Am presently hanging onto the 'liner in the hope that prices will rise again, before I die of old age that is. I refuse to let it go for peanuts. Price of gas has dropped a little (cheapest local 95RON is 89.9 p/ltr, 98Ron is 96 p/ltr) which may help some.
Interestingly, there's a buyers guide in PPC this month subtitled "0-60 in 5.4 seconds for £4k".
Is it realistic to expect to be able to buy a rex for £4k without it costing the same again within the next 6 months?
The gist of the guide appears to be - buy a recent import (corrosion problems on cars that have been in the country for too long), expect to rebuild the engine between 60 and 80k, interior problems (drivers door pocket and passenger handle) are relatively easy to fix, "but with so many good cars about there's really no need to buy a tatty one".
If it speaks the truth, I could well be tempted in the spring...
Is it realistic to expect to be able to buy a rex for £4k without it costing the same again within the next 6 months?
The gist of the guide appears to be - buy a recent import (corrosion problems on cars that have been in the country for too long), expect to rebuild the engine between 60 and 80k, interior problems (drivers door pocket and passenger handle) are relatively easy to fix, "but with so many good cars about there's really no need to buy a tatty one".
If it speaks the truth, I could well be tempted in the spring...
Yup, I've got this months PPC too.
I've been keeping my eye on Rex's for some time though. I prefer they're looks against that of other Jap cars. Plus I like the idea of the rotary engine.
I'm with you though, I'm not sure that its possible to pick up a decent car for as little as 4k. I'd be terrified that it would be a crapper at that price.
Apart from not actually having any money right now (saving for a house/flat deposit) the only other thing that puts me off many of them is the age. How sound can a 13 year old car really be? Unless its had its suspension overhauled and an engine rebuild, I'd be skeptical.
I've also been searching the boards over at mazdarotaryclub to see if anyone's managed to LPG a 3rd gen car yet.
Seems no one has managed it yet. I do a lot of miles a year, despite the fact I don't commute in my car.
The idea of buying a Rex and then having it off the road half the time due to a 3.5K a year fuel bill doesn't leave me feeling warm inside.
Andy
I've been keeping my eye on Rex's for some time though. I prefer they're looks against that of other Jap cars. Plus I like the idea of the rotary engine.
I'm with you though, I'm not sure that its possible to pick up a decent car for as little as 4k. I'd be terrified that it would be a crapper at that price.
Apart from not actually having any money right now (saving for a house/flat deposit) the only other thing that puts me off many of them is the age. How sound can a 13 year old car really be? Unless its had its suspension overhauled and an engine rebuild, I'd be skeptical.
I've also been searching the boards over at mazdarotaryclub to see if anyone's managed to LPG a 3rd gen car yet.
Seems no one has managed it yet. I do a lot of miles a year, despite the fact I don't commute in my car.
The idea of buying a Rex and then having it off the road half the time due to a 3.5K a year fuel bill doesn't leave me feeling warm inside.
Andy
andytk said:
I've also been searching the boards over at mazdarotaryclub to see if anyone's managed to LPG a 3rd gen car yet.
I was speaking to a guy with a convertyed Turbo 2 (2nd Gen) and it ran really well. Shouldn't be a problem if it's well done and mapped properly, just don't think anyone would want to lose the power as we're all crazed on squeezing more and more out of our little wankles!.
I'd also forgotten that the 'pink panther' was down there now as it had been up @ WGT for a while!iaint said:
I've also been searching the boards over at mazdarotaryclub to see if anyone's managed to LPG a 3rd gen car yet.
I was speaking to a guy with a convertyed Turbo 2 (2nd Gen) and it ran really well. Shouldn't be a problem if it's well done and mapped properly, just don't think anyone would want to lose the power as we're all crazed on squeezing more and more out of our little wankles!.
Ah, but the problem with the 3rd Gens is that they have a strange injector set up. They have two injectors per port and I think that the positioning of them is quite critical to good fuelling. As far as I know there is only a small selection of injectors that can be used on an R13B twin turbo.
I think its the complexity of a 3rd gen that means it hasn't been done yet.
I was wondering if you would get away with plonking 4 or so injectors further up the intake manifold (after the turbos though)
Andy
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