Selling RX-8, do a compression test or drop price?
Discussion
Fastdruid said:
Maybe. A year younger means it costs more per year to run though.
All things being equal I'll be buying a RX-8 in the summer. Once I've factored in the 20ish mpg, £3k potential rebuild cost, 2k ANP pack from Pettit; an extra £200 per year on tax is irrelevant. I'll buy on condition, insist on a compression test, and if I can get one with the dealer approved warranty then even better. I expect to pay no more than year-1 thousand pounds (4k max for an 05 car).
If I were you, I'd be saving it for now, run it out every weekend or two to beep it, and return to it in a couple of years.
And grats on the impending sproggidj.
Mark Benson said:
Fastdruid said:
Somewhat of a consensus then. 
Its annoying when you *know* a car is good but I can understand it from the other side.
It's not that it would cost me £120 (if I were a buyer) to get a compression test, it's that you weren't prepared to put your money up and prove to me your car's a good 'un.Its annoying when you *know* a car is good but I can understand it from the other side.
Knocking £120 is nothing, its just like giving someone the price of the MOT but then fails on a grands worth of stuff.
12 months MOT and compression test will sell the car.
OP - it sounds to me that subconsciously you don't really want to sell the car at all, otherwise you'd get the test done and mention it in the advert - it's obviously going to be a very major plus point for one of these cars.
The fact the phone isn't ringing just gives you a convenient excuse to hang on to it!
The fact the phone isn't ringing just gives you a convenient excuse to hang on to it!
Rollcage said:
OP - it sounds to me that subconsciously you don't really want to sell the car at all, otherwise you'd get the test done and mention it in the advert - it's obviously going to be a very major plus point for one of these cars.
The fact the phone isn't ringing just gives you a convenient excuse to hang on to it!
Lol, no don't really but have to.The fact the phone isn't ringing just gives you a convenient excuse to hang on to it!
Well two reasons for not getting one, first one was a bit of an insurance cock up meant couldn't drive it anywhere anyway. Second is my wife and I had a disagreement about the compression test (and while its 'our' fun car its also her car/money[1]). Her argument was that the majority of buyers outside of PH wouldn't recognise the value and what if we do it and it fails to sell anyway or has to be discounted to a stupidly low price to sell. More than happy to get one as terms of a sale but not in advance.
Oh and can't answer the phone during the day, I've got zero signal and she can't due to her job, try after 18:30 or leave a message and will get back to you.
[1] I got the sensible car due to (relatively) high yearly mileage, she got the rather less practical and more expensive car due to lower mileage and fun drive to work.
you are coming across very defensive OP.
you asked for the PH opinion and it was, "Drop price/Compression test and fresh MOT and it won't be on your drive this time next week"
don't then argue the toss that what you are doing is right, because plainly you have not succeeded in selling it.
and all this "here's one i found on ebay, it's got 5 more miles had a service a week before mine so mine is worth more" malarky is just hilarious. you need to make yours stand out, it needs to be cheaper than the next one to sell, it is especially true of RX8s where people simply do not trust them. Even if yours is a good one with strong compression, it isn't an indication of future health, the engine could fail in 6 months under new ownership, hence cheap being number 1 motivator so potential buyers get a bit of financial insulation from possible bills.
you asked for the PH opinion and it was, "Drop price/Compression test and fresh MOT and it won't be on your drive this time next week"
don't then argue the toss that what you are doing is right, because plainly you have not succeeded in selling it.
and all this "here's one i found on ebay, it's got 5 more miles had a service a week before mine so mine is worth more" malarky is just hilarious. you need to make yours stand out, it needs to be cheaper than the next one to sell, it is especially true of RX8s where people simply do not trust them. Even if yours is a good one with strong compression, it isn't an indication of future health, the engine could fail in 6 months under new ownership, hence cheap being number 1 motivator so potential buyers get a bit of financial insulation from possible bills.
Have had quite a few calls, all during the day and when called back the response has been "sorry but we've found another one". Oh and one can we come see it at the weekend and then didn't phone back.
I would however tend to agree that while it sits nicely in the "ads" the actual "selling"/completed listing prices appear lower. The only thing I'm not sure about with ebay is how much the "sight unseen" takes away from the price. Do people just put a punt for less money than if they went to see a car or do they spend the same? My gut feel is that people would spend less than if they saw a car in person.
I would however tend to agree that while it sits nicely in the "ads" the actual "selling"/completed listing prices appear lower. The only thing I'm not sure about with ebay is how much the "sight unseen" takes away from the price. Do people just put a punt for less money than if they went to see a car or do they spend the same? My gut feel is that people would spend less than if they saw a car in person.
Fastdruid said:
Have had quite a few calls, all during the day and when called back the response has been "sorry but we've found another one". Oh and one can we come see it at the weekend and then didn't phone back.
I would however tend to agree that while it sits nicely in the "ads" the actual "selling"/completed listing prices appear lower. The only thing I'm not sure about with ebay is how much the "sight unseen" takes away from the price. Do people just put a punt for less money than if they went to see a car or do they spend the same? My gut feel is that people would spend less than if they saw a car in person.
your gut is probably correct, but the bottom line is the auction cars are the ones that are actually moving as opposed to 'for sale'I would however tend to agree that while it sits nicely in the "ads" the actual "selling"/completed listing prices appear lower. The only thing I'm not sure about with ebay is how much the "sight unseen" takes away from the price. Do people just put a punt for less money than if they went to see a car or do they spend the same? My gut feel is that people would spend less than if they saw a car in person.
people are free to test drive/inspect auction cars so sight unseen may be less of a factor than you think!
Just sold my rx8 this weekend full asking price and sold within about a week, on the rx8 owners club. Offered to let prospective buyers get car compresion tested at their exspence ( would have driven to local specialist if requird). But surely its the buyers job to get this done not the sellers, bit like a RAC inspection etc. Very easy to DIY print a compresion test, so would say of no value unless you see it carried out.
Fastdruid said:
It *is* the cheapest 2006 RX-8 231 on ebay (ignoring broken ones, 192's and one with 16k more for £50 less).
When I do a search for RX8, 2006 and newer, ordered by price, yours is about 50th on the list? What about this one. http://www.ebay.co.uk/itm/2006-MAZDA-RX-8-231-PS-B...
POORCARDEALER said:
They dont sell unless they are very cheap.....we retailed a 1 owner 231 bhp car recently with 19000 miles on it 05 plate for 4200. It was mint
.Hi PCD,
I think it's not just the reliablity of the rotary engine, but also the sad fact that they are rather thirsty.
Many years ago, I also had an RX, as much as I loved it's screaming engine, it just had to go.
I was a poor apprentice then, and just couldn't afford the fuel.
vette
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