Anybody ever sold a 90K and up mileage 8?
#26
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#27
Oh, and I also plan on driving the thing til it falls apart. I don't have much choice unless I want to get rid of it owing thousands more than I can sell it for.
Last edited by yellowjacket523; 02-08-2008 at 04:00 PM.
#31
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Supply and demand. You should always pay less for used yellow cars, expect less in a sale... etc. Odd colored cars lose value faster. Black, Silver, Grey, White, Blue, Red... all of those colors are near the top for most cars, but different colors have different orders, especially the last three there and any others not mentioned.
#32
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I'm a finance director of a car dealership and I'll tell you that the biggest issue with asking more than about $9,500 to $10,000 for your car is that most banks won't loan money on a car that is over 80,000 miles and that it's going to be difficult to sell that car as a dealer or individual if you are only limiting yourself to cash buyers.
Ask yourself this question as well, would you want to buy a 96000 mile car? Especially one as finicky as the RX8 is?
Ask yourself this question as well, would you want to buy a 96000 mile car? Especially one as finicky as the RX8 is?
#34
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Bought it from a Nissan dealer who took a $500 loss on it, I saw the auction receipt. I think they had started asking $20000 when they first got it. They had gotten three other 8's through the auctions and had them all sell within two weeks of putting them out for sale. They said the 8's were easier to sell than the used Z's. I think the total came out to be like $17,800+/-a couple hundred with the taxes, plates, etc and 4 year extended warranty.
They sold mine twice, but the people could not get financing. I think it ended up sitting on the lot for like 5 months, and they figured it was the color.
Bought it in October, just as winter was starting to hit and they were getting ready to run it back through the auction. Car is in pretty much perfect shape too, they even put a new set of tires on it.
Maybe its the area and season, but the 8's around here go dirt cheap. A lot of car for that amount of money. Its my first big credit purchase, so I had to have one of my parents cosign, but I should have it payed off within a year of the purchase. There were a lot of the base 8's around without the xenons and dsc for another 1 or 2 thousand less, but I wanted these features so I chose this car.
I wanted black, because I've always had black vehicles, I can deal with the yellow for the price, its also kind of nice because its so bright is always looks clean.
Last edited by RMZ290; 02-08-2008 at 09:51 PM.
#35
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there was an rx-8 for sale here in town with over 100k miles on it, it was going for 14 and I do believe someone bought it even with those miles, I test drove it and it ran pretty well, but it was too expensive.
No way you can sell something with those miles for more than $11k
No way you can sell something with those miles for more than $11k
#38
So did I get screwed on mine? It's pretty base, 32k miles sport package with maybe a couple options. I honestly thought it was a decent deal at the time. It came out to 18,000 total for the car, taxes, tags, registration, and titling, which I didn't think was too bad.
Then another $1,800 or so for the extended 4 year 48,000 mile bumper to bumper warranty, plus whatever the total loss protection cost. Came out to almost exactly $20,000 even for everything.
I probably overpaid but the upside is that my investment is pretty well protected. Warranty is good til around 80k miles, I could owe 10 grand on it and total it when it's worth 5 grand and only pay a $300 deductable, and really good liability/collision insurance coverage for $150 a month.
That last paragraph was probably more just me trying to justify the stupid decision I made, but I love the car so screw it.
Then another $1,800 or so for the extended 4 year 48,000 mile bumper to bumper warranty, plus whatever the total loss protection cost. Came out to almost exactly $20,000 even for everything.
I probably overpaid but the upside is that my investment is pretty well protected. Warranty is good til around 80k miles, I could owe 10 grand on it and total it when it's worth 5 grand and only pay a $300 deductable, and really good liability/collision insurance coverage for $150 a month.
That last paragraph was probably more just me trying to justify the stupid decision I made, but I love the car so screw it.
#40
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So did I get screwed on mine? It's pretty base, 32k miles sport package with maybe a couple options. I honestly thought it was a decent deal at the time. It came out to 18,000 total for the car, taxes, tags, registration, and titling, which I didn't think was too bad.
Then another $1,800 or so for the extended 4 year 48,000 mile bumper to bumper warranty, plus whatever the total loss protection cost. Came out to almost exactly $20,000 even for everything.
I probably overpaid but the upside is that my investment is pretty well protected. Warranty is good til around 80k miles, I could owe 10 grand on it and total it when it's worth 5 grand and only pay a $300 deductable, and really good liability/collision insurance coverage for $150 a month.
That last paragraph was probably more just me trying to justify the stupid decision I made, but I love the car so screw it.
Then another $1,800 or so for the extended 4 year 48,000 mile bumper to bumper warranty, plus whatever the total loss protection cost. Came out to almost exactly $20,000 even for everything.
I probably overpaid but the upside is that my investment is pretty well protected. Warranty is good til around 80k miles, I could owe 10 grand on it and total it when it's worth 5 grand and only pay a $300 deductable, and really good liability/collision insurance coverage for $150 a month.
That last paragraph was probably more just me trying to justify the stupid decision I made, but I love the car so screw it.
#41
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So did I get screwed on mine? It's pretty base, 32k miles sport package with maybe a couple options. I honestly thought it was a decent deal at the time. It came out to 18,000 total for the car, taxes, tags, registration, and titling, which I didn't think was too bad.
.
.
#42
hakuna matata!
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Remember also that the 10-12k range that you could sell it for would also heavily depend on the options/condition of the car. People who buy at 90k miles are looking for something reliable and cheap or a project car. As someone else said.. 90k miles on a car as finicky as the rx8 = .
al
al
#43
The kelly blue book for that car in my area said $20,000 retail, $16,790 private seller.
#45
sweet, you are in the area. join us. http://www.mscw.com/
I've actualy been trying to find a way to meet new people so I might check it out.
#46
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$26/year.
meets every month. first tuesday of the month. although to date, i have not been to one. always something coming up, school or girls.
there are tech sessions every now and again. mazda reps come and talk every now and again. and most importantly, they organize highspeed performance driving events. which, for a ~$400 or so isnt that bad, not for 2 days of fun. :D if its your first time to an HPDE, the amount you learn is ridiculous.
meets every month. first tuesday of the month. although to date, i have not been to one. always something coming up, school or girls.
there are tech sessions every now and again. mazda reps come and talk every now and again. and most importantly, they organize highspeed performance driving events. which, for a ~$400 or so isnt that bad, not for 2 days of fun. :D if its your first time to an HPDE, the amount you learn is ridiculous.
#47
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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
Please contact me if you are interested in selling your car.
meyermotorsports@mac.com
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