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Resale values

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Old May 24, 2008 | 12:53 AM
  #1  
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From: jacksonville
Resale values

Hey Guys,
I am new to the forum although I look at the threads all the time, I just finally decided to register. I was wondering if anyone knows how much Rx-8's are getting now. I checked on KBB and I the trade in was crap, and the retail wasn't much better. I have had my RX8 for over a year now, and want to keep it, but want to know why it has such bad resale value???
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Old May 24, 2008 | 01:00 AM
  #2  
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From: SoCal
Gas prices and the bad publicity on our cars are two of the major reasons.

Note: Someone's going to come in and say "SEARCH" and flame you so be prepared.
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Old May 24, 2008 | 01:54 AM
  #3  
Silver06's Avatar
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From: Western Canada, eh?
Search, ftw!

The resale values here in the Great White North also suck. Although, the depreciation seems to track US percentages not badly.

A New 2008 here stickers for around $42k. A year-old New off-the-lot can be had for $32k. 2005 & 2006 seem to be asking high $20's. 2004's (over warranty on km's and time) seems to sell for the low $20's. ($=CAD, eh.)

btw, did I mention Search
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Old May 24, 2008 | 01:55 AM
  #4  
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I bought mine for pretty much what they are going for used right now.
Even if I lose a couple hundred buck in the 2 years I have owned it, I aint complaining.


Resale value is GREAT

Last edited by rglbegl; May 24, 2008 at 02:00 AM.
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Old May 24, 2008 | 10:23 AM
  #5  
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wheres the bad publicity
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Old May 24, 2008 | 10:37 AM
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Originally Posted by GBoss
wheres the bad publicity


https://www.rx8club.com/series-i-trouble-shooting-95/so-who-belongs-new-engine-club-68582/
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Old May 24, 2008 | 10:47 AM
  #7  
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GT 04 mint 30,000 miles = $12,000
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Old May 24, 2008 | 11:07 AM
  #8  
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resale will go up with the 09's coming out, the 09 looks like ****, the only thing i like about it is some interior upgrades
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Old May 24, 2008 | 11:39 AM
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Originally Posted by Are-Ex-Eight
resale will go up with the 09's coming out, the 09 looks like ****, the only thing i like about it is some interior upgrades
yeah, good luck with that one...
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Old May 24, 2008 | 12:00 PM
  #10  
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I bought my '05 Sport MT (when Sport included ESC, anti-lock brakes, and foggers) for $23,400 out the door.

I will have had it for 3 years in 3 1/2 months.

I can sell it right now to my next door neighbor, who has the money, and will write a check today, for $17k.

Yes, he knows that I am meticulous. My car also only has 28k on the odometer (I drove a Jeep for the first couple winters).

But you can barely find a mint RX-8 where I live.


So, $23,400 - $17,000 = $6,400

That's a $6,400 depreciation over 32 months. Or $200 per month.

And there's no way I'm selling it, since it's been absolutely problem free, and I love it, and I get compliments nearly every day.

I really don't think there are many other cars that can match the blend of performance and comfort of the 8 at its price point. It's the perfect daily driver for someone who doesn't want to relegated to sedan boredom, but needs something more practical than a Z.

The only car I'd even consider replacing my 8 with is a G37.
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Old May 24, 2008 | 12:18 PM
  #11  
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Originally Posted by Revvittupp
yeah, good luck with that one...
yea, there are still plenty of 08's on the lot. Even a few 07's are out there. No way the price is going up. If anything it is going down further as they place more incentives to move these cars.
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Old May 24, 2008 | 12:24 PM
  #12  
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i just bought a 2005 pearl white RX-8 with spoiler, 19 inch white rims, bose soundsystem, and steering wheel controls, 26,000 miles for $14,000
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Old May 24, 2008 | 12:49 PM
  #13  
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From: Cali
I got a G8 GT! Whoo Hoo!
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Old May 25, 2008 | 10:47 AM
  #14  
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Originally Posted by Are-Ex-Eight
resale will go up with the 09's coming out, the 09 looks like ****, the only thing i like about it is some interior upgrades
Lol!!
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