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

Anybody ever sold a 90K and up mileage 8?

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old 02-07-2008, 12:21 PM
  #1  
Registered
Thread Starter
 
Ktreece777's Avatar
 
Join Date: Apr 2004
Location: Fort Smith, Ar
Posts: 150
Likes: 0
Received 0 Likes on 0 Posts
Anybody ever sold a 90K and up mileage 8?

I am about to sell my 2004 6MT with 95,000 miles on it... Anybody know what I am about to get raped? Was hoping someone out there has... I am looking for a good price to set it at... Would I be crazy to ask 15,000? Keep in mind my area isn't too populated with 8s... checked KBB but don't like to go by them
Old 02-07-2008, 12:26 PM
  #2  
Registered User
 
mike73737's Avatar
 
Join Date: Mar 2007
Posts: 283
Likes: 0
Received 1 Like on 1 Post
That's gotta be high. There is one for sale near me for $13.5k with 60k miles and it's fully loaded with nav at a dealer. I probably wouldn't pay more than $12k private party for an 8 with 90k miles.
Old 02-07-2008, 12:31 PM
  #3  
Registered
Thread Starter
 
Ktreece777's Avatar
 
Join Date: Apr 2004
Location: Fort Smith, Ar
Posts: 150
Likes: 0
Received 0 Likes on 0 Posts
Like I was saying, you are located in an area of lots of cars... I am in Arkansas where the roads are plagued with Tahoes and huge trucks... there are maybe 14 rx8s in my area of 140,000 people
Old 02-07-2008, 12:42 PM
  #4  
Registered User
 
mike73737's Avatar
 
Join Date: Mar 2007
Posts: 283
Likes: 0
Received 1 Like on 1 Post
So you're thinking there is some huge unmet demand then? If people were clamoring for RX8's I'm sure Mazda would oblige them. I'm not saying I'm right about the price, but just because there are fewer of them doesn't necessarily mean you can charge a higher price.
Old 02-07-2008, 12:48 PM
  #5  
Registered User
 
Jdh0526's Avatar
 
Join Date: Mar 2007
Posts: 2
Likes: 0
Received 0 Likes on 0 Posts
^^ mike do you have a link to the dealer selling that RX8 for 13500, Ive been looking for a good priced 04 and I could drive out that way.... thanks
Old 02-07-2008, 01:21 PM
  #6  
Misfit Moderator TnC
 
chrism's Avatar
 
Join Date: Feb 2005
Location: armpit of the USA
Posts: 13,309
Likes: 0
Received 1 Like on 1 Post
when i tried trading my car in i was offered 10,500 for an 04 GT 6MT in perfect condition with 28k miles....best offer i got was 12,500 on a trade in......for 95k i would say your lucky if you can get 6-8k in my opinion
Old 02-07-2008, 01:26 PM
  #7  
Registered User
 
mike73737's Avatar
 
Join Date: Mar 2007
Posts: 283
Likes: 0
Received 1 Like on 1 Post
Originally Posted by Jdh0526
^^ mike do you have a link to the dealer selling that RX8 for 13500, Ive been looking for a good priced 04 and I could drive out that way.... thanks
I found it on www.carsoup.com in the Minneapolis area. I don't remember the dealer, just search for it.
Old 02-07-2008, 01:39 PM
  #8  
Vtak just kicked in yo!!
iTrader: (1)
 
Renesis07's Avatar
 
Join Date: Jun 2007
Location: Lake County IL
Posts: 4,053
Likes: 0
Received 0 Likes on 0 Posts
10,995 is a good starting price for a private seller
Old 02-07-2008, 01:54 PM
  #9  
Mulligan User
iTrader: (1)
 
ZoomZoomH's Avatar
 
Join Date: Jan 2003
Location: caddyshack
Posts: 4,612
Likes: 0
Received 2 Likes on 2 Posts
i think you should just keep driving that thing until the floorboard falls out lol
Old 02-07-2008, 02:12 PM
  #10  
Registered User
 
killerfish's Avatar
 
Join Date: May 2004
Posts: 95
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by ZoomZoomH
i think you should just keep driving that thing until the floorboard falls out lol
+1 - Definitely!

And here I only have ~18K on my 04 MT! : )
Old 02-07-2008, 02:26 PM
  #11  
Mulligan User
iTrader: (1)
 
ZoomZoomH's Avatar
 
Join Date: Jan 2003
Location: caddyshack
Posts: 4,612
Likes: 0
Received 2 Likes on 2 Posts
the only way any of our high mileage 8's gonna retain ANY value is if we keep driving it til it rolls over the ONE MEEELLLIIIOOON miles mark lol
Old 02-07-2008, 03:22 PM
  #12  
Registered
iTrader: (5)
 
c41250n's Avatar
 
Join Date: Dec 2005
Location: Daly City Ca.
Posts: 1,257
Likes: 0
Received 0 Likes on 0 Posts
that is why im never thinking of selling my car!
Old 02-07-2008, 03:30 PM
  #13  
Registered
 
Revvittupp's Avatar
 
Join Date: Oct 2007
Location: Owings Mills, near Baltimore MD
Posts: 614
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Renesis07
10,995 is a good starting price for a private seller

Yes and everyone likes to negotiate, so expect to give a discount.

Sorry, RX8's jstu don't hold value well, and not to mention that kind of mileage on any car ruins value. Combine them and look out.
Old 02-07-2008, 06:33 PM
  #14  
93.5 octane
 
mmats69's Avatar
 
Join Date: Jun 2005
Location: Montgomery, AL
Posts: 664
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Revvittupp
Yes and everyone likes to negotiate, so expect to give a discount.

Sorry, RX8's jstu don't hold value well, and not to mention that kind of mileage on any car ruins value. Combine them and look out.
Exactly. You will not get anywhere near 15k for that car. Be prepared for a lot of disappointment when it comes to offers. Hate to say it but that's the way it is. Keep the car unless you just can't stand it anymore and have to get rid of it.
Old 02-07-2008, 07:27 PM
  #15  
Registered
 
magikone69's Avatar
 
Join Date: Mar 2007
Location: private area in south florida
Posts: 421
Likes: 0
Received 0 Likes on 0 Posts
im at 73k now... at this point i think the 8 is going to be a lifetime investment lol i already planned to keep for another 3-4 years...by that point the car will be worth nothing so ill keep it as a project car whenever i get my next ride (new cts-v hopefully) so the 8 will probably see a new engine and will be my weekend fun car.

as far as selling your car id say 15k is pushing it, no matter where u live its still an rx8 with close to 100k, and u might not see alot of 8's in your area because there probably isnt much interest for it, the cars are out there, people just might not want them. plus its not like people are rushing to get into the 8 anyway when there are tons of popular alternatives (Z, evo, wrx...)
Old 02-07-2008, 07:36 PM
  #16  
Registered User
iTrader: (2)
 
jones75254's Avatar
 
Join Date: Oct 2006
Location: Ohio
Posts: 1,396
Likes: 0
Received 0 Likes on 0 Posts
The 8 IS a lifer type car. Unless you put down a big chunk at signing (even then u MAY break even) you WILL lose $ on it come time to sell or trade in, no ifs, ands, buts about it.

I plan on driving mine until it croaks...and then i will restore it cosmetically, drop in whatever new age rotary that is out at that time (16x perhaps?) And drive it until I croak. A fitting end.
Old 02-07-2008, 07:44 PM
  #17  
Registered User
 
ManicMechanic's Avatar
 
Join Date: Sep 2007
Posts: 43
Likes: 0
Received 0 Likes on 0 Posts
I hate to agree, but I bought my "04 8 six months ago for $17,900, with 54k on it. They were going for $20,000 with mialages ranging from 30k to 70k on them. After I made the deal I found them with under 25k for the same price. I sought out my "dream" car and when I saw the quick depericiation, I decided to keep it forever, instead of trading it for a newer one. Good luck in your sale!! Hold out and bide your time, you might find another sucher, like me!!
Old 02-07-2008, 07:53 PM
  #18  
Registered User
 
ManicMechanic's Avatar
 
Join Date: Sep 2007
Posts: 43
Likes: 0
Received 0 Likes on 0 Posts
By the way, when my rotary engine blows up, I might fit something different into my 8. Probally an LT1, LS6, or whatever the Corvette is running several years from now when it goes!!!
Old 02-07-2008, 08:34 PM
  #19  
93.5 octane
 
mmats69's Avatar
 
Join Date: Jun 2005
Location: Montgomery, AL
Posts: 664
Likes: 0
Received 0 Likes on 0 Posts
I really hate that the car depreciates so quickly. It really is a nice car and I got lots of compliments on mine. Top Gear had the car on their program (again) not too long ago and the depreciation was one of their lows on the car.
Old 02-07-2008, 09:15 PM
  #20  
Mu ha.. ha...
 
Razz1's Avatar
 
Join Date: Aug 2004
Location: Cali
Posts: 14,361
Likes: 0
Received 3 Likes on 3 Posts
There's a buyer for every car. Put it in the auto trader. Start at 14,800 and move her down every two weeks.
Old 02-07-2008, 09:19 PM
  #21  
93.5 octane
 
mmats69's Avatar
 
Join Date: Jun 2005
Location: Montgomery, AL
Posts: 664
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Razz1
There's a buyer for every car. Put it in the auto trader. Start at 14,800 and move her down every two weeks.
Not a bad idea
Old 02-08-2008, 08:10 AM
  #22  
Registered
 
Roaddemon's Avatar
 
Join Date: Jan 2004
Location: Milwaukee Wi.
Posts: 997
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Ktreece777
I am about to sell my 2004 6MT with 95,000 miles on it... Anybody know what I am about to get raped? Was hoping someone out there has... I am looking for a good price to set it at... Would I be crazy to ask 15,000? Keep in mind my area isn't too populated with 8s... checked KBB but don't like to go by them
If it's a touring model, retail is only $11.3-13.7k. If I wanted another rx8 I think 13k would be fair. With 95k the car is still just as much fun as a new one. I'll keep miine until it dies or I die.
Old 02-08-2008, 11:23 AM
  #23  
Registered User
 
RMZ290's Avatar
 
Join Date: Aug 2007
Location: Western Mass.
Posts: 132
Likes: 0
Received 0 Likes on 0 Posts
I got my 04 for $16000 with 17000 miles 6 speed with sport package 7 months ago.
Old 02-08-2008, 12:00 PM
  #24  
Registered
 
Roaddemon's Avatar
 
Join Date: Jan 2004
Location: Milwaukee Wi.
Posts: 997
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by RMZ290
I got my 04 for $16000 with 17000 miles 6 speed with sport package 7 months ago.
Yes, that's a very fair price considering that car with that mileage can retail up to $17k ++. That is a good buy.
Old 02-08-2008, 01:13 PM
  #25  
1935 lbs. FTW!
 
CosmosMpower's Avatar
 
Join Date: Apr 2006
Location: Dallas, TX
Posts: 1,134
Likes: 0
Received 1 Like on 1 Post
I think you'll be lucky to get 10-12. I got out of mine a year and half after I bought it new and only lost 2K, it had about 17K miles on it.

Last edited by CosmosMpower; 02-08-2008 at 01:16 PM.


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

Quick Reply: Anybody ever sold a 90K and up mileage 8?



All times are GMT -5. The time now is 11:59 AM.