"roflcopter" (roflroflroflcopter)
02/27/2014 at 15:10 • Filed to: NPoCP
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"roflcopter" (roflroflroflcopter)
02/27/2014 at 15:10 • Filed to: NPoCP | 0
| 9 |
I have a 2004 RX8 as some of you may know, and I'm currently considering selling it to possibly fund another vehicle adventure(read: project), but I'm having one hell of a time figuring out what the car is really worth. From my research, an 04 seems to being for anywhere between $3500 and $10000 depending on condition and options. Now my problem arises from the fact that pretty much every RX8 out there has had an engine replaced at some point or another. There's 2004's with 20k miles on a new engine, and they go for a bit more, and there's ones with 60k on a new engine that are selling for $4000, it's all over the board. Mine is a fully loaded 2004, Lightning Yellow, with every option you could get on the car, it has 101k miles on it on an original engine that has good compression, it's got some dings and a few broken things on the interior(crack on passenger dash, common, and a broken AC knob) but all in all is in good condition, aftermarket exhaust(which is throwing a CEL because of lack of cat), and sitting on Tein H-tech springs, but nothing has been seriously modified. Now, KBB puts the value at somewhere around $6800, but that seems a tad low to me. So tell me Oppo, am I smoking crack or should I be happy to get $6800 out of it?
MR2_FTW - Group J's resident Stig
> roflcopter
02/27/2014 at 15:16 |
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Sounds about right considering the mileage on the original motor.
MazdaMonkey
> roflcopter
02/27/2014 at 15:17 |
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04s are always dangerous because they had the most reliability issues. I know of 04s that had plenty more miles than you on the original engine because they were properly treated. It sounds like you know what you're doing with the rotary as well.
$6800 doesnt actually sound that low to me for an 04 with 100K miles. Unfortunately, like most cars, two RX8s with identical histories and miles, but vastly different options (save the transmission), will have pretty similar values. All of those options were really expensive when new, but don't change the value much once the car is a decade old.
If you are selling the car, list it for what you think it's worth and see if anyone bites.
Decay buys too many beaters
> roflcopter
02/27/2014 at 15:18 |
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Honestly, and I hate to say it, you would be hard pressed to get more than $5k out of a 100K+ mile original engine RX-8. An informed buyer will bargain down for the engine mileage, a non informed buyer probably wouldn't touch it because of the CEL.
If it were my car, I'd keep it.
dogisbadob
> roflcopter
02/27/2014 at 15:46 |
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No cat means it automatically fails inspection, and you need new springs too. Because it cannot pass inspection, it is "rough" condition at the most. Average and above require a clean title and the ability to pass an emissions inspection. It is also illegal to remove the cat for any reason other than its immediate replacement.
For some reason they took that page away, but I was able to find it from their archives.
M54B30
> roflcopter
02/27/2014 at 15:57 |
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I want to be honest but I also want to make it clear that I'm not trying to be mean.
However.
Unless you're selling to another enthusiast, the aftermarket springs and exhaust don't add anything to the value. The exhaust will detract from the price with the CEL on, and that is high mileage for an original engine. If I were you, I'd price it middle-ground, but happily accept the lower-end value.
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roflcopter
> dogisbadob
02/27/2014 at 16:12 |
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I know where you're coming from with that but the car does have a clean title and in my state there is no emissions testing.
bob and john
> roflcopter
02/27/2014 at 17:04 |
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i'm with Decay on this on. 100k+ on orginal motor, something is bout to go soon.
CEL light with an excuse could mean u know something big is wrong, or about to go wrong, and ur just not letting in (this is what the potential buyer is thinking)
5k is what i would pay.
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roflcopter
> bob and john
02/27/2014 at 17:20 |
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Very true, it has an ODB scanner in it to monitor sensor data so they could see which codes it is for themselves if they wanted. But yeah, I see where everyone is coming from.
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bob and john
> roflcopter
02/27/2014 at 17:22 |
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dont get me wrong, its a nice car. but 101K on a motor that is known for blowing up is sketchy. id keep it until the motor dies, then either get rid of it, OR swap in a different motor.