RX-8 going up in value?
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RX-8 going up in value?
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Re: RX-8 going up in value?
Yes I saw that article in Autocar yesterday. Good news but wonder how long it will take before I recoup all I have spent on the RX8
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Re: RX-8 going up in value?
What a strange way to describe the car..
Autocar wrote: Mazda RX-8 (2003-2012)
The Mazda RX-8 is the type of coupe enthusiasts lust after when it’s new and sell as soon as an even newer model comes out. However, Mazda threw a spanner in the depreciation machine by announcing it hasn’t even started developing its next rotary-engined, RX-badged coupe in 2012.
Executives admit it could be years before we see an RX-9, and there’s a good chance it will arrive with advanced driving aids and some form of electrification. The RX-8 has neither, so it’s the last of a breed.
Prices start at £1300 in the UK, and prices are heading gently up.
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Re: RX-8 going up in value?
Much like the Evo 10 and Sapphire Cosworth, the Rx8 will always be in the shadows of its bigger, more successful brother the Rx7.
Of course it will rise in value as more are broken and scrapped for corrosion but never to silly money as it’s just not that desirable.
Of course it will rise in value as more are broken and scrapped for corrosion but never to silly money as it’s just not that desirable.
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Re: RX-8 going up in value?
Are you still looking for a good RX8? There is what looks like a good clean PZ fir sale on here plus a Kuro.Ben_r1 wrote: ↑Sun Nov 15, 2020 9:21 pmMuch like the Evo 10 and Sapphire Cosworth, the Rx8 will always be in the shadows of its bigger, more successful brother the Rx7.
Of course it will rise in value as more are broken and scrapped for corrosion but never to silly money as it’s just not that desirable.
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Re: RX-8 going up in value?
I think the special editions will easily fetch rx7 prices. There are low Milage R3 that are selling for over 7k, won’t be long before things like the pz and the 40th’s are harder to get hold of and people start asking silly money. Other than during the first lockdown prices have defiantly gone up this year, especially for well sorted cars like the ones I’ve seen sold on the forum and a couple on eBay tooBen_r1 wrote: ↑Sun Nov 15, 2020 9:21 pmMuch like the Evo 10 and Sapphire Cosworth, the Rx8 will always be in the shadows of its bigger, more successful brother the Rx7.
Of course it will rise in value as more are broken and scrapped for corrosion but never to silly money as it’s just not that desirable.
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Re: RX-8 going up in value?
I'm not sure any of us buy these cars with the intention or expectation that they go up in value. If it happens then it is a bonus, but it's not the raison d'etre for having an RX8.
For some folk it's an itch that needs scratching - it is visceral and illogical. For others it is a technical and engineering challenge. There are speed demons who can feel the feedback from the car when hammering around a racetrack.
But I guess for many of us it is about owning something unusual, uncommon and reasonably different.
For some folk it's an itch that needs scratching - it is visceral and illogical. For others it is a technical and engineering challenge. There are speed demons who can feel the feedback from the car when hammering around a racetrack.
But I guess for many of us it is about owning something unusual, uncommon and reasonably different.
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- ChrisHolmes (Mon Nov 16, 2020 8:38 am) • warpc0il (Mon Nov 16, 2020 9:36 am)
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Re: RX-8 going up in value?
I hadn't even heard of rotary engines, or the RX7, before I viewed my R3.
Some of us (maybe just me) needed a RWD car with 4 real seats, ISOFIX points, a ski hatch, cruise control, did 0-60 faster than an MX5, had a large boot, was low and handled well and could survive as a track weapon.
Basically the definition of a family sports car.
Nothing else fit that bill and I still don't think does today.
Some of us (maybe just me) needed a RWD car with 4 real seats, ISOFIX points, a ski hatch, cruise control, did 0-60 faster than an MX5, had a large boot, was low and handled well and could survive as a track weapon.
Basically the definition of a family sports car.
Nothing else fit that bill and I still don't think does today.
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- ChrisHolmes (Mon Nov 16, 2020 10:52 am) • SmuttyHutty (Mon Nov 16, 2020 11:24 am) • V8 Power (Mon Nov 16, 2020 1:00 pm)
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Re: RX-8 going up in value?
At the point where the RX8 prices have risen enough and the XKR 5.0 facelift has depreciated enough for a straight swap, it'll be time to sell.
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Re: RX-8 going up in value?
The other thing is that, other than the R3, these are almost disposable cars. I know it sounds rather blasphemous, but hear me out.New Duke wrote: ↑Mon Nov 16, 2020 10:18 amI hadn't even heard of rotary engines, or the RX7, before I viewed my R3.
Some of us (maybe just me) needed a RWD car with 4 real seats, ISOFIX points, a ski hatch, cruise control, did 0-60 faster than an MX5, had a large boot, was low and handled well and could survive as a track weapon.
Basically the definition of a family sports car.
Nothing else fit that bill and I still don't think does today.
I have a client whose annual car loan payments are more than I paid for my car. And she has another 2 years of payments to go. I love my RX8 and I cherish it and look after it. But if it collapsed in a heap of rust then I know I can get another one.
I had a play on the Mazda website and did all of the options that I would choose to have on a new top of the range MX5. The tota bill was £37,000. When I went to the 0% finance option, allowing me 9,000 miles a year with a £4000 downpayment the monthly fee was £600 over 36 months. Oh, and there was also the small matter of the optional £11,000 payment at the end of 36 months to keep the car.
I paid £1600 for my RX8.
You get an awful lot of car for the money - I just hope that they remain a fairly obscure car for enthusiasts. Without this car I would never have bumped into you bunch of nutters!
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- ChrisHolmes (Mon Nov 16, 2020 10:52 am)
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Re: RX-8 going up in value?
No I picked me up a beaut of an R3 for £3400, purchased with the understanding at that price it’s probably hiding something nasty like corrosion, crash damage or hot start issues but ive over with with a fine tooth comb past two months and she’s a solid example it would seem. Bargain price like others have said so much car for the money.ChrisHolmes wrote: ↑Sun Nov 15, 2020 10:23 pmAre you still looking for a good RX8? There is what looks like a good clean PZ fir sale on here plus a Kuro.Ben_r1 wrote: ↑Sun Nov 15, 2020 9:21 pmMuch like the Evo 10 and Sapphire Cosworth, the Rx8 will always be in the shadows of its bigger, more successful brother the Rx7.
Of course it will rise in value as more are broken and scrapped for corrosion but never to silly money as it’s just not that desirable.
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Re: RX-8 going up in value?
Friend of mine sent me this one today... not too bad and such low mileage.
https://collectingcars.com/for-sale/200 ... ve-edition
Quick question, as rx8 enthusiasts and potential future buyers, do people regard a full mazda dealer service history as good or bad? Or indifferent as long as it has been serviced regularly?
I ask as mine was with Mazda for ever service till the last one which I did at TPS as I just did a rebuild with them. Thinking I'll just use Luke Murdoch next year unless I'm told different. The Mazda dealer I go to I think is good but I just think a specialist like Luke knows the cars better.
https://collectingcars.com/for-sale/200 ... ve-edition
Quick question, as rx8 enthusiasts and potential future buyers, do people regard a full mazda dealer service history as good or bad? Or indifferent as long as it has been serviced regularly?
I ask as mine was with Mazda for ever service till the last one which I did at TPS as I just did a rebuild with them. Thinking I'll just use Luke Murdoch next year unless I'm told different. The Mazda dealer I go to I think is good but I just think a specialist like Luke knows the cars better.
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Re: RX-8 going up in value?
FMSH is a good thing to me, my car had such up until I bought it last year.
Specialist is ideal I guess though ultimately evidence of regular servicing is the main thing as you say.
I have come across a few RX-8s over the years that have been serviced for many years by non-specialist indies which have used 5w30 fully synthetic oil - I think the reason for this is that ECP etc recommend this type when you use the reg lookup.
Specialist is ideal I guess though ultimately evidence of regular servicing is the main thing as you say.
I have come across a few RX-8s over the years that have been serviced for many years by non-specialist indies which have used 5w30 fully synthetic oil - I think the reason for this is that ECP etc recommend this type when you use the reg lookup.
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- v-rex (Mon Nov 16, 2020 9:23 pm)
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Re: RX-8 going up in value?
I actually did use 5W30 for years, but now TPS have stipulated after their rebuild 10W40 so I'm using that now, so have moved in the right direction there . Also never premixed and now always have some protek-r to the ready in the car for every fill up !!Nickp47 wrote: ↑Mon Nov 16, 2020 9:10 pmFMSH is a good thing to me, my car had such up until I bought it last year.
Specialist is ideal I guess though ultimately evidence of regular servicing is the main thing as you say.
I have come across a few RX-8s over the years that have been serviced for many years by non-specialist indies which have used 5w30 fully synthetic oil - I think the reason for this is that ECP etc recommend this type when you use the reg lookup.
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Re: RX-8 going up in value?
I'd much rather see service receipts from any rotary specialist than a dealership. Dealerships are narrowly above local indie garages IMO.v-rex wrote: ↑Mon Nov 16, 2020 8:46 pmFriend of mine sent me this one today... not too bad and such low mileage.
https://collectingcars.com/for-sale/200 ... ve-edition
Quick question, as rx8 enthusiasts and potential future buyers, do people regard a full mazda dealer service history as good or bad? Or indifferent as long as it has been serviced regularly?
I ask as mine was with Mazda for ever service till the last one which I did at TPS as I just did a rebuild with them. Thinking I'll just use Luke Murdoch next year unless I'm told different. The Mazda dealer I go to I think is good but I just think a specialist like Luke knows the cars better.
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- v-rex (Mon Nov 16, 2020 9:30 pm) • SmuttyHutty (Tue Nov 17, 2020 12:22 pm)
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Re: RX-8 going up in value?
The value of a FMSH depends on if you trust the dealer (electronically) stamping the book.
I have seen too much evidence of service work being charged for and clearly not done; including replacing spark plugs, cabin air filters, gearbox oils, etc.
I've also seen the quality(?) of some non-service work carried out by dealers who have returned cars in an unsafe state; leaking fuel tanks, suspension clamped too high, wheels pointing in different directions
Some dealers even charge for genuine Mazda parts (coils etc) having sourced from somewhere else.
Thankfully there are some franchised dealers who are professional and still care, allegedly.
I have seen too much evidence of service work being charged for and clearly not done; including replacing spark plugs, cabin air filters, gearbox oils, etc.
I've also seen the quality(?) of some non-service work carried out by dealers who have returned cars in an unsafe state; leaking fuel tanks, suspension clamped too high, wheels pointing in different directions
Some dealers even charge for genuine Mazda parts (coils etc) having sourced from somewhere else.
Thankfully there are some franchised dealers who are professional and still care, allegedly.
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- ChrisHolmes (Mon Nov 16, 2020 10:02 pm)
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Re: RX-8 going up in value?
I have to admit that the dealer I go to ( I still take my Mazda CX-5 there ) have always been very good. The car I bought the dealer from was a Ford/Mazda dealership in Colindale and I only did one service there. I then did a few years at a place called Naymills near Greenford, but they were in retrospect not great. When I was living in Fulham I found MKG3000 and they've been great in all the time I've been there, which has been like 10 years now. It's nice to get the official stamp, and see the entry in the electronic book so I can see it on the web or on my phone.
This year I already had the interim service at TPS so did the service with them as there was nothing left to do after the rebuild. The service items were already kind of covered, and the oil was being changed as well. So for the first time I didn't do the service at Mazda....
Next year I am thinking of using Luke, but seeing a couple of PZ's on sale with a good chunk of Mazda service history just got me thinking. Luke just knows so much about the car so I feel way more confident in him doing it properly and finding any potential issues, but I will miss the electronic stamp. It's a stupid thing though, and I am not even thinking about selling the car, but you just get used to a habitual way of doing things.
I am sorry to hear about some of the drama I have heard others had at other dealers, and I think I've just gotten lucky. It's a shame really.
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Re: RX-8 going up in value?
Some non-franchised operators have be vetted by Mazda and can update the Digital Service Record directly, via the same portal I use to access the Parts Catalogue and others databases. Mazda actually gave me that access too, originally, but it is audited and I couldn't justify retaining it.
I believe Rotary Revs and Essex Rotary had access, and may still have.
Luke should apply, if he doesn't have it already.
I believe Rotary Revs and Essex Rotary had access, and may still have.
Luke should apply, if he doesn't have it already.
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Re: RX-8 going up in value?
Ooh interesting !! I did not know that, but very useful info !! I'll suggest it to Luke !! Thanks alot Dave.warpc0il wrote: ↑Mon Nov 16, 2020 10:10 pmSome non-franchised operators have be vetted by Mazda and can update the Digital Service Record directly, via the same portal I use to access the Parts Catalogue and others databases. Mazda actually gave me that access too, originally, but it is audited and I couldn't justify retaining it.
I believe Rotary Revs and Essex Rotary had access, and may still have.
Luke should apply, if he doesn't have it already.
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Re: RX-8 going up in value?
If Luke's not got access, get him to drop me a note and I can provide details.
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- v-rex (Mon Nov 16, 2020 10:38 pm)
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Re: RX-8 going up in value?
I invested in my PZ purely for the love of the car and the desire to own another rx8.
Dropped lucky in coming into contact with the PZ but in all honesty any car would have done.
The last two and a half years of restoration means that it will likely be years before I could see a return on my investment but that's not why I did it, at 56 I now own something that makes me happier than anything else I own, second only to Family,
Unless something drastic happens its mine for the rest of my days, if it goes up in value great, if not don't care, it's mine.
Dropped lucky in coming into contact with the PZ but in all honesty any car would have done.
The last two and a half years of restoration means that it will likely be years before I could see a return on my investment but that's not why I did it, at 56 I now own something that makes me happier than anything else I own, second only to Family,
Unless something drastic happens its mine for the rest of my days, if it goes up in value great, if not don't care, it's mine.
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Re: RX-8 going up in value?
I've got no immediate plans to sell my car, but at the same time if I ever did I'd want to make sure I didn't do anything to jeopardize it's future value. It will be 15 years next year since I bought it and although I love it, apart from when I go kart racing, I don't use it much. I tube to work and we have the family car for most of the other stuff. If I ever gave up karting ( which I probably should as these days I am going backwards ) then I'd probably sell it on to an enthusiast who'd actually use it rather than have it sit around. I know so many people who have porsches etc sat in the garage which they never use as they don't want to depreciate the car with extra mileage. To me that seems such a waste. Each to their own, but I'd rather my car be driven rather than sit somewhere in a garage.79398 wrote: ↑Mon Nov 16, 2020 10:38 pmI invested in my PZ purely for the love of the car and the desire to own another rx8.
Dropped lucky in coming into contact with the PZ but in all honesty any car would have done.
The last two and a half years of restoration means that it will likely be years before I could see a return on my investment but that's not why I did it, at 56 I now own something that makes me happier than anything else I own, second only to Family,
Unless something drastic happens its mine for the rest of my days, if it goes up in value great, if not don't care, it's mine.
The paint job and polish on yours 79398 looks awesome and it does remind me that mine probably needs a bit of a tlc on that front.
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- ChrisHolmes (Tue Nov 17, 2020 11:40 am)
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Re: RX-8 going up in value?
Price’s still have a long way to go to get to the values in Europe,in France a good left hand drive car will set you back between 7000 and 10000 euro but there is not a big issue with rust.
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Re: RX-8 going up in value?
I was originally going to get a PZ a few years back but circumstances prevented the sale going through but then I looped back around a couple of years later and had discovered the R3 in the meantime. My attraction was always the uniqueness of the car and engine. My dad had an FB RX7 when i was very young and a general curiosity for all that is slightly different I had set my heart on one day owning a rotary and I do not regret it at all (touch wood). It is a struggle to justify as I walk to work and most of my needs are serviced in life within my local town so stumping up the £50 a month on tax and the insurance and general running costs is difficult at times, especially as i have a motorbike to do the same for with little use for a vehicle other than visiting friends & family or just going for a nice blast around the local countryside.I have seen some of the prices the R3's are asking for at much more mileage than mine (44k) and i do wonder if that price is actually achievable when signing the dotted line or not as i could stand to make a little on mine after what must be 5 years now i think.
Also, good to know the Alfa 75 is on the list too, I have two of them albeit in race car trim
Also, good to know the Alfa 75 is on the list too, I have two of them albeit in race car trim
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