vipeRX7
03-25-2003, 07:09 PM
Rumors have been flying everywhere about a 4th generation RX7, and though by no means is its production set in stone, I would be surprised if it is not produced. What do you think the pricing should be?
IMHO, I think the 4th gen should be priced at about $100,000 and be one awesome car. It should be the kind of world beating car that the FD was, only moreso. While some may argue that it should be in the 30k-50k range to keep it affordable, I disagree. It is too late for that. The RX-7 is now Mazda's flagship car, and should be priced as such. After all, isn't it ironic that of the Toyota Supra, Mitsu 3000GT, Nissan 300ZX, Mazda FD, and Acura NSX, only the NSX remains today - even though it was nearly twice as expensive as the other cars? With the exception of reliability and repair cost, the (no offense to anyone here, it's just my opinion) 3rd generation RX-7 was (and is) superior to the NSX. The RX-7 was faster to 60, pulled more g's on the skidpad, had less weight, and many would argue a is better handling car. If you don't agree, see these quotes from Motor Trend:
http://www.pettitracing.com/sections/TKT.html
Despite the reliability problems, the RX-7 was significantly cheaper (I don't honestly think anyone spent $35k in repairs for the FD ;) ). I think the reason that the RX-7 ceased to exist (I really doubt the reason it left the US was emissions) was for the mere fact that it WAS inexspensive. Most people think that you get what you pay for, and so the NSX would be a far better car because it was twice the price. For reliability, I assume that's true. Other than, the RX-7 is superior, not to mention that the NSX is overpriced IMHO (280 hp for $90000? puhleeez, hp isn't everything, but that's just absurd).
Another reason why I think the RX-7 should be ~$100k is because it's a lot easier to go upmarket than downmarket. For example: the BMW 1 series and the Mercedes A (or C) Class - what a joke! An Accord has beaten the base C class in a comparison (done by Motor Trend, if I remember correctly). In my opinion, all those cars do is degrade the image of BMW and Mercedes. Mercedes should instead focus on building the SLR which may elevate it to a ferrari/aston standing. Same thing goes for Ford and the GT. One Ford exec said something to the effect of "Kids don't say 'I want a 360 Modena.' They say 'I want a Ferrari!' That's the idea behind a the GT - it will draw buyers into the showroom." The same thing would work for Mazda.
The last reason I don't think the RX-7 should be in the 30-50 range is because it would compete with the RX-8 to some extent, and even moreso with Mazdaspeed version. The RX-7 and RX-8 need to be two distinct cars in price, performance, and consumer. Otherwise, Mazda will lose money.
Mazda must make sure to get the advertising right with the 4th gen RX-7. Auto reviews will only get you so far (as we saw with the 3rd generation). I have been disappointed with Mazda's advertising of the RX-8 because it fails to emphasize what is so special about the new rotary car. They shouldn't say "unique 250 hp Renesis engine" (heck, you can get an Altima with nearly much power that for about 5 grand less), Mazda should advertise the RX-8 as something "unlike you've ever driven." They should especially emphasize the 9000 rpm redline (not to mention handling), because it will get the general public interested in its engine. Advertising slogans are another problem. I hear people laugh at "zoom zoom", but never at Nissan ads (ever see the 350z commericial with "Words can't describe it"? Very clever ad). Mazda should especially focus on the legendary racing reputation and record of the rotary. After all, the wankel is most at home in sportscars. :D
So what do you all think about the pricing for the next RX-7?
IMHO, I think the 4th gen should be priced at about $100,000 and be one awesome car. It should be the kind of world beating car that the FD was, only moreso. While some may argue that it should be in the 30k-50k range to keep it affordable, I disagree. It is too late for that. The RX-7 is now Mazda's flagship car, and should be priced as such. After all, isn't it ironic that of the Toyota Supra, Mitsu 3000GT, Nissan 300ZX, Mazda FD, and Acura NSX, only the NSX remains today - even though it was nearly twice as expensive as the other cars? With the exception of reliability and repair cost, the (no offense to anyone here, it's just my opinion) 3rd generation RX-7 was (and is) superior to the NSX. The RX-7 was faster to 60, pulled more g's on the skidpad, had less weight, and many would argue a is better handling car. If you don't agree, see these quotes from Motor Trend:
http://www.pettitracing.com/sections/TKT.html
Despite the reliability problems, the RX-7 was significantly cheaper (I don't honestly think anyone spent $35k in repairs for the FD ;) ). I think the reason that the RX-7 ceased to exist (I really doubt the reason it left the US was emissions) was for the mere fact that it WAS inexspensive. Most people think that you get what you pay for, and so the NSX would be a far better car because it was twice the price. For reliability, I assume that's true. Other than, the RX-7 is superior, not to mention that the NSX is overpriced IMHO (280 hp for $90000? puhleeez, hp isn't everything, but that's just absurd).
Another reason why I think the RX-7 should be ~$100k is because it's a lot easier to go upmarket than downmarket. For example: the BMW 1 series and the Mercedes A (or C) Class - what a joke! An Accord has beaten the base C class in a comparison (done by Motor Trend, if I remember correctly). In my opinion, all those cars do is degrade the image of BMW and Mercedes. Mercedes should instead focus on building the SLR which may elevate it to a ferrari/aston standing. Same thing goes for Ford and the GT. One Ford exec said something to the effect of "Kids don't say 'I want a 360 Modena.' They say 'I want a Ferrari!' That's the idea behind a the GT - it will draw buyers into the showroom." The same thing would work for Mazda.
The last reason I don't think the RX-7 should be in the 30-50 range is because it would compete with the RX-8 to some extent, and even moreso with Mazdaspeed version. The RX-7 and RX-8 need to be two distinct cars in price, performance, and consumer. Otherwise, Mazda will lose money.
Mazda must make sure to get the advertising right with the 4th gen RX-7. Auto reviews will only get you so far (as we saw with the 3rd generation). I have been disappointed with Mazda's advertising of the RX-8 because it fails to emphasize what is so special about the new rotary car. They shouldn't say "unique 250 hp Renesis engine" (heck, you can get an Altima with nearly much power that for about 5 grand less), Mazda should advertise the RX-8 as something "unlike you've ever driven." They should especially emphasize the 9000 rpm redline (not to mention handling), because it will get the general public interested in its engine. Advertising slogans are another problem. I hear people laugh at "zoom zoom", but never at Nissan ads (ever see the 350z commericial with "Words can't describe it"? Very clever ad). Mazda should especially focus on the legendary racing reputation and record of the rotary. After all, the wankel is most at home in sportscars. :D
So what do you all think about the pricing for the next RX-7?