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-   -   Selling my R3. How much tho? (https://www.rx8club.com/rx-8-discussion-3/selling-my-r3-how-much-tho-232704/)

xbigcokex 05-02-2012 09:43 AM

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?

confuzdbycloudz 05-02-2012 09:55 AM

Free, and to me.:suspect:

onewhippedpuppy 05-02-2012 10:01 AM

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.

Shinka_MJR 05-02-2012 10:03 AM


Originally Posted by xbigcokex (Post 4253728)
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

9krpmrx8 05-02-2012 10:04 AM

My buddy just paid under 19k for his immaculate Aurora Blue 09' R3 with 15k or so on it.

RadRedR3 05-02-2012 11:04 AM

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.

New Yorker 05-02-2012 11:13 AM

Play this video. Pay special attention at about 2:40 in:

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

xbigcokex 05-02-2012 11:31 AM


Originally Posted by New Yorker (Post 4253820)
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

AZ R3 05-02-2012 01:15 PM

FWIW, I bought my '11 R3 used with 6k miles for about $28,000 back in February.

jasonrxeight 05-02-2012 05:59 PM


Originally Posted by AZ R3 (Post 4253974)
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.

AZ R3 05-02-2012 06:06 PM


Originally Posted by jasonrxeight (Post 4254264)
wow you are crazy.

I get that alot

Book was $32k. Whatcha gonna do?

Larissa8 05-02-2012 09:43 PM

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.

Prophet 05-02-2012 10:29 PM


Originally Posted by onewhippedpuppy (Post 4253756)
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.

elle 05-02-2012 11:14 PM

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.

shadycrew31 05-02-2012 11:16 PM

I'd give you $500 cash money.

monchie 05-02-2012 11:44 PM

$525 cashier's check.

shadycrew31 05-02-2012 11:55 PM


Originally Posted by monchie (Post 4254489)
$525 cashier's check.

NO cash money offer?

3 day ban.

monchie 05-03-2012 12:13 AM


Originally Posted by shadycrew31 (Post 4254499)
3 day ban.


Make it 4...lol

Are-Ex-Eight 05-03-2012 06:52 AM

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.

pistonhater 05-03-2012 12:29 PM


Originally Posted by Are-Ex-Eight (Post 4254637)
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.

onewhippedpuppy 05-03-2012 12:37 PM


Originally Posted by Prophet (Post 4254449)
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.

Station Equation 05-03-2012 12:41 PM

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.


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