Selling RX-8, do a compression test or drop price?

Selling RX-8, do a compression test or drop price?

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Discussion

Fastdruid

Original Poster:

8,651 posts

153 months

Wednesday 14th March 2012
quotequote all
Amateurish said:
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...
bloody ebay sort order
Just realised it doesn't sort the 'ads' and the auctions by price.

Ok, there are 5 cheaper, all with higher mileage or in the higher VED bracket. All the rest of the cheaper cars are 192's.

That one does seem very cheap, although its got 20k extra, in the higher VED band and only 4months MOT, I suspect he needs a really quick sale.

Greg_D

6,542 posts

247 months

Wednesday 14th March 2012
quotequote all
and still he doesn't get it.

stop making excuses, whilst there is one out there cheaper than yours, yours won't sell, accept it.

i know that you know it is a good car, but someone casually perusing ebay doesn't know, they just see one a bit more expensive than a few others and they bid on those instead, simple really.

either make it stand out or drop the price, preferably both. Then, if there is anyone seriously shopping for a silver 231, then you are in with a shot.

/thread

Fastdruid

Original Poster:

8,651 posts

153 months

Wednesday 14th March 2012
quotequote all
No I don't get it.

People bang on about how you don't want a high mileage one, they'll go pop soon but then everyone is on about reducing to less than the price of those with twice (or more) the mileage, no history, part MOT etc.



Edited by Fastdruid on Wednesday 14th March 12:15

Greg_D

6,542 posts

247 months

Wednesday 14th March 2012
quotequote all
this will be my last post on this thread.

the car is next to worthless because noone wants them. the normal rules of supply and demand and pricing do not apply to RX8s. it has to be cheap enough that someone who has a flicker of interest cannot resist themselves, paying a bit more for a slightly fresher example isn't what a potential rx8 owner does. they want the fresher example at the same price as the leggier example, ie buttons

it is also a self perpetuating situation, everyone knows that they are cheap and heading to snotter money so won't pay much more than snotter money in anticipation of losing their shirt.

i know your logic is fair, and if you were selling something like a bmw 530i you would be right. I also have confidence that your car is a good one and that you have probably taken a bath on the value. The bottom line is that you are not selling, you are offloading (that is what any prospective buyer will think)

stick to the moral high ground if you want, but it is you who will be left with a car in storage doing nothing but hemorrhaging more money.

mikey P 500

1,240 posts

188 months

Wednesday 14th March 2012
quotequote all
Are you a member of the rx8 owners club? If so get it listed on there, most serous buyers of such a specialist car use the forum for research or look at the buyers guide etc) these buyers will appreciate it’s not all about buying the cheapest example, as you really need one with new coil packs, leads and plugs etc, full history and generally enthusiast owned. As said above mine (and several others on there) recently sold easily without hassle very quickly.
In general eBay isn’t he place to buy such a specialist car that really requires a decent bit of research or knowledge to buy safely. I don’t know what you are asking for but my 05 car with 53k FSH sold for just under £4k, which I think is correct really as the R3 models are down to £7.5k now and cars requiring a rebuild can be bought for £1200+ and be rebuilt with warranty on engine for about £3k, so makes for another option for some buyers.

uk_vette

3,336 posts

205 months

Thursday 15th March 2012
quotequote all
SMcP114 said:
Likewise, I shifted a 49,000 mile '05 car on Thursday at £1900 just to get rid of it.
.
I take it it was a loss on your books then?

As a matter of "just wanting to know", what did you pay, or PX it in for?

Vette

carreauchompeur

17,852 posts

205 months

Thursday 15th March 2012
quotequote all
There is a serious case with RX8s for buying a nice FSH example with a broken engine as a non-runner for buttons then getting a RoTechniks engine rebuild- Net result is a cracking car with warranty and no worries (For a while hehe )

uk_vette

3,336 posts

205 months

Thursday 15th March 2012
quotequote all
Doesn't sound much wrong with this.
Even if it does turn out to be a basket case.

http://www.ebay.co.uk/itm/2006-MAZDA-RX-8-231-PS-R...

A Red 231 BHP sitting at £520 with 3 days to go, sounds like it's not going to make huge money.

No reserve also!!!

vette

(not mine, nothing to do with it)

k-ink

9,070 posts

180 months

Thursday 15th March 2012
quotequote all
jbi said:
keep it and drop an LS1 into it...

Jobs a good un
Just what I was thinking! Cheap project cars if they only go for 2-3k!

Fastdruid

Original Poster:

8,651 posts

153 months

Thursday 15th March 2012
quotequote all
k-ink said:
jbi said:
keep it and drop an LS1 into it...

Jobs a good un
Just what I was thinking! Cheap project cars if they only go for 2-3k!
I think people need to actually think about the costs rather than just saying "throw a v8 in"

This thread may be enlightening.
http://www.pistonheads.com/gassing/topic.asp?h=0&a...

About 12k for a RX-7 from someone who's done a load of them. A bit of money regained from reselling bits but that's from an RX-7 which is rather rarer.

AFAICT no one has got a finished sorted RX-8/V8 (feel free to link if I'm wrong) so good luck in getting much change out of 15k. You can of course do it yourself which might only cost you 9k or so.

Please post pictures though, I'm interested in seeing it done but I suspect it would end up like the V10 M3 (E30?), ie drop the chassis over the engine + gearbox, cut out where it doesn't fit and remake. Lots and lots of work.

carinaman

21,329 posts

173 months

Friday 16th March 2012
quotequote all
What are the RX8 gurus thoughts' on those compression figures:

http://www.pistonheads.co.uk/sales/3566172.htm

'front rotor at 285rpm 7.5,7.6,7.6kpa. rear rotor at 283rpm, 7.4,7.5,7.6kpa. Lower limit at 280rpm approx 7.2. Upper approx 9.2'


What would those looking to buy one think a decent reading is?

I was flicking though an old issue of Evo a few weeks ago, they had a LTT piece on their RX8. They mentioned the thirst and said how the 6K discount on new RX8s would buy a lot of fuel.

SMcP114

2,916 posts

193 months

Saturday 17th March 2012
quotequote all
uk_vette said:
SMcP114 said:
Likewise, I shifted a 49,000 mile '05 car on Thursday at 1900 just to get rid of it.
.
I take it it was a loss on your books then?

As a matter of "just wanting to know", what did you pay, or PX it in for?

Vette
It was indeed. It stood me 2k. I was lucky to get a buyer if I'm honest. Due to the well documented issues, it could be argued that they are the least desirable car on the market today.