Notices
RX-8 Discussion General discussion about the RX-8 that doesn't fit in one of the specialty forums.

Selling my R3. How much tho?

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old 05-02-2012, 09:43 AM
  #1  
Registered User
Thread Starter
 
xbigcokex's Avatar
 
Join Date: Jan 2011
Posts: 9
Likes: 0
Received 0 Likes on 0 Posts
Selling my R3. How much tho?

I have a blue 2010 R3 with soon to have 18k miles in excellent condition. No work done to it, all stock.

Blue Book price has it at $25,056

My deal is with the Rx-8 not being made anymore and the harder to find R3 edition, I could understand the price of it going up in the future.(but i have to sell it soon)

Could I get more?
How much do I sell it for?
Old 05-02-2012, 09:55 AM
  #2  
Registered
 
confuzdbycloudz's Avatar
 
Join Date: Dec 2011
Posts: 40
Likes: 0
Received 0 Likes on 0 Posts
Free, and to me.
Old 05-02-2012, 10:01 AM
  #3  
Registered
 
onewhippedpuppy's Avatar
 
Join Date: Mar 2012
Location: Wichita, KS
Posts: 45
Likes: 0
Received 5 Likes on 4 Posts
It is a mass produced modern Japanese car. While I really enjoy mine overall they were not a big hit in the marketplace, hence no more RX8. You don't get much less collectible than that, R3 or no. You'll be doing well to get book value.
Old 05-02-2012, 10:03 AM
  #4  
SHKWAV
 
Shinka_MJR's Avatar
 
Join Date: Jun 2008
Location: Massillon, Ohio
Posts: 662
Likes: 0
Received 2 Likes on 2 Posts
Originally Posted by xbigcokex
I have a blue 2010 R3 with soon to have 18k miles in excellent condition. No work done to it, all stock.

Blue Book price has it at $25,056

My deal is with the Rx-8 not being made anymore and the harder to find R3 edition, I could understand the price of it going up in the future.(but i have to sell it soon)

Could I get more?
How much do I sell it for?
want to gauge the price of your "hard to find" edition compared to the more common counterparts and whether the price will be very different in the future? Take a look at pricing of the 2005 Shinka RX8s and compare them to the regular edition rx8s. There were only 1357 produced. Not going to get much more rare than that for the 8s. This will give you a better idea of the "investment value" of your R3.

there's no real way of knowing if your car's value will increase as it gets older. If you want to count on it as an investment, selling the car 2 years after production, isn't going to do you any good. that can be said of anything though. look at beanie babies for instance, Thomas Kinkaid paintings, Precious Moment figurines... all of which were considered collectors items and worth investing... and... then the market vomited them back into the streets with the rest of the refuse swirling around in the gutters. Cars should be bought for enjoyment... not on the hunch it'll become a collectors item / investment.

/2cents
Old 05-02-2012, 10:04 AM
  #5  
SARX Legend
iTrader: (46)
 
9krpmrx8's Avatar
 
Join Date: Jan 2007
Location: San Antonio, Texas
Posts: 33,784
Received 452 Likes on 366 Posts
My buddy just paid under 19k for his immaculate Aurora Blue 09' R3 with 15k or so on it.
Old 05-02-2012, 11:04 AM
  #6  
Car Dude
 
RadRedR3's Avatar
 
Join Date: Nov 2011
Location: Portland, Texas
Posts: 298
Likes: 0
Received 0 Likes on 0 Posts
Yep. Paid about 20k for my son's 09 R3 with 19 thousand miles. Look at the for sale forums here. Couple R3's I've watched STAY "for sale" for months while the price dropped. NFW you're gonna get anywhere close to 25k. Start around 21 and make a deal from there.
Old 05-02-2012, 11:13 AM
  #7  
Registered
 
New Yorker's Avatar
 
Join Date: Sep 2003
Location: NYC
Posts: 3,319
Received 58 Likes on 51 Posts
Play this video. Pay special attention at about 2:40 in:

http://www.automobilemag.com/reviews...se_mazda_rx_8/

Last edited by New Yorker; 05-02-2012 at 11:17 AM.
Old 05-02-2012, 11:31 AM
  #8  
Registered User
Thread Starter
 
xbigcokex's Avatar
 
Join Date: Jan 2011
Posts: 9
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by New Yorker
Play this video. Pay special attention at about 2:40 in:

http://www.automobilemag.com/reviews...se_mazda_rx_8/
Dang that video was deep.

Thx for the comments guys and i'll prob start trying to sell it at blue book price
Old 05-02-2012, 01:15 PM
  #9  
iZoom
 
AZ R3's Avatar
 
Join Date: Feb 2012
Location: Chandler, AZ
Posts: 198
Likes: 0
Received 1 Like on 1 Post
FWIW, I bought my '11 R3 used with 6k miles for about $28,000 back in February.
Old 05-02-2012, 05:59 PM
  #10  
Registered
 
jasonrxeight's Avatar
 
Join Date: Jan 2010
Location: Omaha, NE
Posts: 3,487
Likes: 0
Received 3 Likes on 3 Posts
Originally Posted by AZ R3
FWIW, I bought my '11 R3 used with 6k miles for about $28,000 back in February.
wow you are crazy.
I bought mine 2 years ago with 5k for 22k.
thats almost for a brand new one when they had the rebate.
Old 05-02-2012, 06:06 PM
  #11  
iZoom
 
AZ R3's Avatar
 
Join Date: Feb 2012
Location: Chandler, AZ
Posts: 198
Likes: 0
Received 1 Like on 1 Post
Originally Posted by jasonrxeight
wow you are crazy.
I get that alot

Book was $32k. Whatcha gonna do?
Old 05-02-2012, 09:43 PM
  #12  
Registered
 
Larissa8's Avatar
 
Join Date: Mar 2011
Posts: 46
Likes: 0
Received 0 Likes on 0 Posts
2 years back dealer in Wayne, Nj was willing to let go for a brand new R3 for $26500 so 28k for an R3 with 6k miles is a rip off in my opinion.
Old 05-02-2012, 10:29 PM
  #13  
Registered
 
Prophet's Avatar
 
Join Date: Sep 2011
Location: Pensacola, FL
Posts: 244
Likes: 0
Received 4 Likes on 4 Posts
Originally Posted by onewhippedpuppy
It is a mass produced modern Japanese car. While I really enjoy mine overall they were not a big hit in the marketplace, hence no more RX8. You don't get much less collectible than that, R3 or no. You'll be doing well to get book value.
You know, not all collector cars where successful in their day. R3's had pretty low production numbers and may be worth a few bucks 15 years or so down the line. Nothing astronomical I'm sure, but could be worth a bit.
Old 05-02-2012, 11:14 PM
  #14  
Registered User
 
elle's Avatar
 
Join Date: Apr 2012
Location: okc
Posts: 54
Likes: 0
Received 1 Like on 1 Post
You can enter your VIN here:
http://www.cudlautosmart.com/Researc...l=ToolsAndMore

& it will give you the Black Book prices. For "private party" value, I would use clean retail, probably. If you trade it, you should expect average trade value.
These are a little more realistic than Blue Book, which tends to be on the high side.
You should also look around & see what similar cars in your area are going for.
Old 05-02-2012, 11:16 PM
  #15  
WENTGERMAN
iTrader: (6)
 
shadycrew31's Avatar
 
Join Date: Apr 2008
Location: Burbs,PA
Posts: 5,805
Received 30 Likes on 22 Posts
I'd give you $500 cash money.
Old 05-02-2012, 11:44 PM
  #16  
I HATE SPEEDBUMPS!
 
monchie's Avatar
 
Join Date: Nov 2007
Location: Las Vegas, NV
Posts: 8,549
Likes: 0
Received 7 Likes on 6 Posts
$525 cashier's check.
Old 05-02-2012, 11:55 PM
  #17  
WENTGERMAN
iTrader: (6)
 
shadycrew31's Avatar
 
Join Date: Apr 2008
Location: Burbs,PA
Posts: 5,805
Received 30 Likes on 22 Posts
Originally Posted by monchie
$525 cashier's check.
NO cash money offer?

3 day ban.
Old 05-03-2012, 12:13 AM
  #18  
I HATE SPEEDBUMPS!
 
monchie's Avatar
 
Join Date: Nov 2007
Location: Las Vegas, NV
Posts: 8,549
Likes: 0
Received 7 Likes on 6 Posts
Originally Posted by shadycrew31
3 day ban.

Make it 4...lol
Old 05-03-2012, 06:52 AM
  #19  
Nice Rotors
iTrader: (1)
 
Are-Ex-Eight's Avatar
 
Join Date: Apr 2008
Posts: 1,058
Likes: 0
Received 5 Likes on 4 Posts
The car won't sell anywhere near blue book. You will be lucky to break 20k on a trade in or private sale.

Sorry man but the resale isnt great on the 8.
Old 05-03-2012, 12:29 PM
  #20  
Registered
 
pistonhater's Avatar
 
Join Date: Nov 2010
Location: Cacti Land, AZ
Posts: 1,061
Likes: 0
Received 1 Like on 1 Post
Originally Posted by Are-Ex-Eight
The car won't sell anywhere near blue book. You will be lucky to break 20k on a trade in or private sale.

Sorry man but the resale isnt great on the 8.
/\
this.

But that's true for most cars anyway.
Old 05-03-2012, 12:37 PM
  #21  
Registered
 
onewhippedpuppy's Avatar
 
Join Date: Mar 2012
Location: Wichita, KS
Posts: 45
Likes: 0
Received 5 Likes on 4 Posts
Originally Posted by Prophet
You know, not all collector cars where successful in their day. R3's had pretty low production numbers and may be worth a few bucks 15 years or so down the line. Nothing astronomical I'm sure, but could be worth a bit.
True, but do you really see a significant amount of sentimental value (normally drives collector car values) for an RX8 in 40 years?

Another way to look at it, you can buy a MINT FD RX7 today for $20k. I've seen drivers down to and below $10k. So 20 years later what is arguably the best and most desirable rotary powered car ever made is selling for less than half the new price.
Old 05-03-2012, 12:41 PM
  #22  
2010 Sport
 
Station Equation's Avatar
 
Join Date: Feb 2011
Location: Los Angeles
Posts: 49
Likes: 0
Received 0 Likes on 0 Posts
Blue Book is soooo wrong on RX-8s. I bought mine brand new (100 miles on the clock), one model year late, for less than what Blue Book said it was worth used. With the 100 miles. In fact, with another year of depreciation on the calendar, KBB is STILL higher than what I paid.

It'll be a few years until prices stabilize after all the $10k cars with flaky service histories get junked, leaving just the quality cars.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
fourwhls
RX-8's For Sale/Wanted
7
02-20-2019 05:16 PM
crimson809
RX-8's For Sale/Wanted
1
08-14-2016 10:03 PM
Rx8 VA Guy
RX-8 Parts For Sale/Wanted
7
06-04-2016 12:42 AM
jasonrxeight
RX-8's For Sale/Wanted
2
09-30-2015 01:53 PM
alming1132
RX-8 Parts For Sale/Wanted
0
09-30-2015 11:30 AM



You have already rated this thread Rating: Thread Rating: 0 votes,  average.

Quick Reply: Selling my R3. How much tho?



All times are GMT -5. The time now is 04:07 PM.