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

Dont look up the Value of your 8!

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old 01-08-2009, 06:34 PM
  #1  
Hold DSC for 7 Sec
Thread Starter
iTrader: (1)
 
learycd's Avatar
 
Join Date: May 2008
Location: New Jersey
Posts: 422
Likes: 0
Received 0 Likes on 0 Posts
Dont look up the Value of your 8!

i just used edmunds.com to take a look at the market value of my 8, and boy i wish i didnt. i bought the car in june of last year and paid 18k from a dealer....a little high for a WWP GT 6spd MT about 40,000 miles.

now my private party retial is at about 13,500 and dealer at 15,000, not even

i know its a bad market, the rotary scares ppl, it doesnt get good gas milage, and bla bla bla but anyone wanna start the discussion of the resale value for our cars?
Old 01-08-2009, 06:37 PM
  #2  
I8U
Registered
iTrader: (1)
 
I8U's Avatar
 
Join Date: May 2006
Location: Carolina Beach, NC
Posts: 1,934
Likes: 0
Received 0 Likes on 0 Posts
No thanks...
Old 01-08-2009, 06:40 PM
  #3  
Ground Assault
 
Bunique's Avatar
 
Join Date: Sep 2007
Location: SoCal Bound
Posts: 501
Likes: 0
Received 0 Likes on 0 Posts
KBB still puts mine at about 14500. I'm fine with that. Hopefully someone will buy it tho.....shameless plug.
Old 01-08-2009, 06:42 PM
  #4  
Hold DSC for 7 Sec
Thread Starter
iTrader: (1)
 
learycd's Avatar
 
Join Date: May 2008
Location: New Jersey
Posts: 422
Likes: 0
Received 0 Likes on 0 Posts
yeah but KBB is always a couple grand high


TMV (True Market Value) and KBB are always way different

Last edited by learycd; 01-08-2009 at 06:45 PM.
Old 01-08-2009, 06:42 PM
  #5  
Registered User
 
getdamafiaonyou's Avatar
 
Join Date: Sep 2008
Posts: 348
Likes: 0
Received 0 Likes on 0 Posts
i paid 14 for mine, perfect condition, all service records, and 30,000 miles. i just put it in kbb and it came out to 13,500. sounds like an amazing resale value to me.
Old 01-08-2009, 06:42 PM
  #6  
Rotary Powered Countryboy
 
04RX8man's Avatar
 
Join Date: Feb 2007
Location: Pittsburgh
Posts: 4,811
Received 1 Like on 1 Post
Yeah I don't want to look knowing that i paid quite a bit for mine 2 yrs ago and know it's prob ridiculously low!!!! Y u seeling bunique
Old 01-08-2009, 06:43 PM
  #7  
Stormtrooper RX8??
iTrader: (1)
 
T-ReX-8's Avatar
 
Join Date: Oct 2004
Location: Sacramento
Posts: 413
Likes: 0
Received 0 Likes on 0 Posts
I don't care, I plan to trade it in one day and move on. I'm thinkin about a mazdaspeed3 right now, but with the new stuff coming out, I'll wait. Plus I HATE FWD...

If a new RX9/RX7 cp,es put, this POS is gone!
Old 01-08-2009, 06:44 PM
  #8  
Wheels, not rims!!
iTrader: (8)
 
SayNoToPistons's Avatar
 
Join Date: Apr 2005
Location: LA
Posts: 6,527
Received 67 Likes on 56 Posts
There are 04's selling for less than 12k .
Old 01-08-2009, 06:45 PM
  #9  
Ground Assault
 
Bunique's Avatar
 
Join Date: Sep 2007
Location: SoCal Bound
Posts: 501
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by 04RX8man
Y u selling bunique
umm I'm hoping to do something different if it sells. I figure someone might want to pick up a nice two-tone for a descent price along with a few mods.
Old 01-08-2009, 06:47 PM
  #10  
Registered
 
OldCodger's Avatar
 
Join Date: Aug 2003
Location: Oregon
Posts: 64
Likes: 0
Received 0 Likes on 0 Posts
Mazda dealers can't sell new RX8s and nobody wants to buy RX8s.

Which came first? Does it matter now?

Situation is not unique to RX8 but some cars may be hit worse than others. It would appear that for maybe the next six months car buyers will be much happier than car sellers. Locally you could replace RX8 with any car except Subies in the first line and be correct. Subaru may only be an exception here due to recent bad weather and it's numbers sold are so small it really does not matter.
Old 01-08-2009, 06:47 PM
  #11  
Ground Assault
 
Bunique's Avatar
 
Join Date: Sep 2007
Location: SoCal Bound
Posts: 501
Likes: 0
Received 0 Likes on 0 Posts
It would be sweet if those speed 3's were AWD. I would think about it then. I love the interior. Just looked at it quickly at a dealership and thought it was nicer than the 8's interior, but ya, I'm not too interested in a FWD car right now.
Old 01-08-2009, 06:55 PM
  #12  
VRX8
 
Fathead_03's Avatar
 
Join Date: Jul 2008
Location: Oroville, WA... 4 miles from Canada
Posts: 262
Likes: 0
Received 0 Likes on 0 Posts
Im pretty sure the KBB of my 04 dropped from 17500 3 months ago, to about 14500 now...

Good excuse to keep it though!
Old 01-08-2009, 07:13 PM
  #13  
Hold DSC for 7 Sec
Thread Starter
iTrader: (1)
 
learycd's Avatar
 
Join Date: May 2008
Location: New Jersey
Posts: 422
Likes: 0
Received 0 Likes on 0 Posts
yup thats what i plan on doing, keeping it then maybe making it a spec rx8????

idk we'll see how things go
Old 01-08-2009, 07:16 PM
  #14  
What mawd bug?
iTrader: (3)
 
tubingchamp's Avatar
 
Join Date: Aug 2007
Location: Surrey, B.C., Canada
Posts: 1,515
Likes: 0
Received 1 Like on 1 Post
I'm never selling mine either..
Old 01-08-2009, 07:18 PM
  #15  
Rotary Powered Countryboy
 
04RX8man's Avatar
 
Join Date: Feb 2007
Location: Pittsburgh
Posts: 4,811
Received 1 Like on 1 Post
yeah the speed3's are nice but I HATE fwd my friend is looking for one we looked around for 4 hrs today around orlando those things are not easy to find
Old 01-08-2009, 07:19 PM
  #16  
Registered
iTrader: (4)
 
alnielsen's Avatar
 
Join Date: Aug 2004
Location: Buddhist Monastery, High Himalaya Mtns. of Tibet
Posts: 12,255
Received 6 Likes on 6 Posts
Originally Posted by learycd
yeah but KBB is always a couple grand high


TMV (True Market Value) and KBB are always way different
Yes, that is true. http://www.nadaguides.com/ will give you a more realistic number.
Old 01-08-2009, 07:21 PM
  #17  
Registered User
 
ferg's Avatar
 
Join Date: Sep 2008
Location: south florida
Posts: 974
Likes: 0
Received 1 Like on 1 Post
mines at 17500
Old 01-08-2009, 07:27 PM
  #18  
Ground Assault
 
Bunique's Avatar
 
Join Date: Sep 2007
Location: SoCal Bound
Posts: 501
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by 04RX8man
yeah the speed3's are nice but I HATE fwd my friend is looking for one we looked around for 4 hrs today around orlando those things are not easy to find
come to fargo, nd. we have a sweet white one.
Old 01-08-2009, 07:51 PM
  #19  
Freely Radical
iTrader: (1)
 
RotoRocket's Avatar
 
Join Date: Oct 2005
Posts: 1,912
Received 9 Likes on 7 Posts
Look at any car right now.

Seriously.

The whole 8 depreciation thing is way overdone.

Most cars depreciate at least 50% within TWO YEARS from the time of the original (new) purchase.
Old 01-08-2009, 07:56 PM
  #20  
Rotary Powered Countryboy
 
04RX8man's Avatar
 
Join Date: Feb 2007
Location: Pittsburgh
Posts: 4,811
Received 1 Like on 1 Post
^^yeah i wish we could just make the trip out there haha....ROAD TRIP ha but I WILL say something who knows he is a crazy **** and may want to make the trip haha!!!
Old 01-08-2009, 08:25 PM
  #21  
rotary courage
 
m477's Avatar
 
Join Date: Aug 2002
Location: :uoıʇɐɔoן
Posts: 1,208
Likes: 0
Received 0 Likes on 0 Posts
I see plenty of G35 coupes that cost over $35k new just a couple years ago going for low $20k range now, and many of those are very low mileage clean cars. And BMW 3-series that cost over $40k new are going for a little more than half that now. So it's not just the 8, most new cars will depreciate pretty hard the first few years.... if you don't want your car to depreciate, go buy a 1995 Civic.
Old 01-08-2009, 08:30 PM
  #22  
Registered User
 
ferg's Avatar
 
Join Date: Sep 2008
Location: south florida
Posts: 974
Likes: 0
Received 1 Like on 1 Post
like i say,never ever ever buy a new car, just find a good used one and your not upside down
Old 01-08-2009, 08:45 PM
  #23  
rotary courage
 
m477's Avatar
 
Join Date: Aug 2002
Location: :uoıʇɐɔoן
Posts: 1,208
Likes: 0
Received 0 Likes on 0 Posts
I wouldn't say never buy a new car... it can be a good value if you keep the car a long time, you know it's been properly taken care of since new, you have a full warranty, and maintence costs are very low for a long time. It's just not a very good idea if you plan to sell it 2 years later.
Old 01-08-2009, 08:48 PM
  #24  
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
yea, how do you people think I feel?

I owe $15,XXX and mine is an 04 with 72K miles. Taught me a lesson about rolling inequity into a sports car and expecting it not to bite me in the *** 3 years later
Old 01-08-2009, 08:56 PM
  #25  
Registered Toker
iTrader: (2)
 
Ross_Dawg's Avatar
 
Join Date: Dec 2007
Location: Bend, OR
Posts: 5,545
Likes: 0
Received 1 Like on 1 Post
well I know KBB is full of **** but I bought mine for $15K and KBB says its worth $15,150 as of right now...


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


All times are GMT -5. The time now is 02:34 AM.