RX-8 with bad engine -- what's it worth?
#1
RX-8 with bad engine -- what's it worth?
What's a good price for a 2004 RX-8 that needs a motor?
Mine popped. I could fix it, or I could sell it. A few bucks in my pocket would be good right now.
If I try to sell it, what's it worth?
FYI it's a 2004 Nordic Green 6-spd with 108,000 miles. It doesn't have navigation. Paint & body has a few small dings and scratches, overall the car looks good and everything except the engine is in good shape.
Advice would be appreciated.
Cheers,
Aaron
Mine popped. I could fix it, or I could sell it. A few bucks in my pocket would be good right now.
If I try to sell it, what's it worth?
FYI it's a 2004 Nordic Green 6-spd with 108,000 miles. It doesn't have navigation. Paint & body has a few small dings and scratches, overall the car looks good and everything except the engine is in good shape.
Advice would be appreciated.
Cheers,
Aaron
#4
yea but with the condition the op is describing, plus the miles that's what i would offer. if he tried to sell it locally i would see offers no more than $4k. i have seen 06+ shells in better condition with lower miles go for $7-8k
#5
kevin@rotaryresurrection
iTrader: (3)
Joined: Feb 2005
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From: east of Knoxville, TN
I'd say 5k or so. Yeah, you can get running/driving 04's for 7500+ if you look hard enough, but those are usually pretty shitty, higher mileage (125+), and torn to **** inside and body wise. If it's a clean no-issue car that ONLY needs an engine, it would be an easy fix.
#6
Thanks y'all.
It's pretty clean inside, the outside has a small fender scrape and maybe two small dings. So not perfect -- also it's cloth interior, no nav, etc. I'd love to be able to get $4000 out of it but I think even that's optimistic.
A car like mine (if running) would sell for $8500 to $11000 based on what's available locally. I checked with a shop and they wanted $5000+ to fix it with a good quality rebuilt engine. I could slap a salvage motor in for $2500 but I'm worried that I'd be back where I started. And I don't have $2500 to spend on a car right now. :-(
So I guess it goes up for sale. It sure was a fun car to drive. When it ran, it ran really well.
Cheers,
Aaron
It's pretty clean inside, the outside has a small fender scrape and maybe two small dings. So not perfect -- also it's cloth interior, no nav, etc. I'd love to be able to get $4000 out of it but I think even that's optimistic.
A car like mine (if running) would sell for $8500 to $11000 based on what's available locally. I checked with a shop and they wanted $5000+ to fix it with a good quality rebuilt engine. I could slap a salvage motor in for $2500 but I'm worried that I'd be back where I started. And I don't have $2500 to spend on a car right now. :-(
So I guess it goes up for sale. It sure was a fun car to drive. When it ran, it ran really well.
Cheers,
Aaron
#7
kevin@rotaryresurrection
iTrader: (3)
Joined: Feb 2005
Posts: 1,415
Likes: 57
From: east of Knoxville, TN
Thanks y'all.
It's pretty clean inside, the outside has a small fender scrape and maybe two small dings. So not perfect -- also it's cloth interior, no nav, etc. I'd love to be able to get $4000 out of it but I think even that's optimistic.
A car like mine (if running) would sell for $8500 to $11000 based on what's available locally. I checked with a shop and they wanted $5000+ to fix it with a good quality rebuilt engine. I could slap a salvage motor in for $2500 but I'm worried that I'd be back where I started. And I don't have $2500 to spend on a car right now. :-(
So I guess it goes up for sale. It sure was a fun car to drive. When it ran, it ran really well.
Cheers,
Aaron
It's pretty clean inside, the outside has a small fender scrape and maybe two small dings. So not perfect -- also it's cloth interior, no nav, etc. I'd love to be able to get $4000 out of it but I think even that's optimistic.
A car like mine (if running) would sell for $8500 to $11000 based on what's available locally. I checked with a shop and they wanted $5000+ to fix it with a good quality rebuilt engine. I could slap a salvage motor in for $2500 but I'm worried that I'd be back where I started. And I don't have $2500 to spend on a car right now. :-(
So I guess it goes up for sale. It sure was a fun car to drive. When it ran, it ran really well.
Cheers,
Aaron
You could potentially do a *budget* rebuild for under a grand, if you have tools and work area to fool with it yourself.
#9
My buddy just picked up a very clean 04' GT with 80k for $1800.00. If you pay much more than that you are running the risk of not making any money on it if you plan to sell. If you can manage installing an engine yourself then you may be able to go as high as $3,000.00 since you can get a Mazda reman for $2,000.00-$2,500.00. But spending more is not really worth it since you can get a clean running (some times with a low mileage reman already in it) for around $7,000.00.
#11
kevin@rotaryresurrection
iTrader: (3)
Joined: Feb 2005
Posts: 1,415
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From: east of Knoxville, TN
My buddy just picked up a very clean 04' GT with 80k for $1800.00. If you pay much more than that you are running the risk of not making any money on it if you plan to sell. If you can manage installing an engine yourself then you may be able to go as high as $3,000.00 since you can get a Mazda reman for $2,000.00-$2,500.00. But spending more is not really worth it since you can get a clean running (some times with a low mileage reman already in it) for around $7,000.00.
#12
Yeah, that's sound about right. The kicker for you will be parts, body work/paint costs unless you know how to do that too. But if you find painted parts in decent condition you will be golden.
#13
I won't buy it. You will have less crowd selling this with the motor not running or dead. Anyway, you may have a chance on selling it to a mechanic who knows rotary engine rebuild...good luck!
#14
high blue book for a running 04 base is like $7200ish
so if you figure a Mazda reman is $2000, plus the $350 clutch, and lets say $500 for other nonsense, like spark plugs and coils and filters and oils and things. you're gonna be in the engine replacement for about $3k... if you do your own labor!
$7200-$3000 = $4200
you have to decide what your profit wants to be, and adjust accordingly.
now if you wanna buy a car, and have fun putting an engine in it and then enjoy it for the summer, you're in great shape
so if you figure a Mazda reman is $2000, plus the $350 clutch, and lets say $500 for other nonsense, like spark plugs and coils and filters and oils and things. you're gonna be in the engine replacement for about $3k... if you do your own labor!
$7200-$3000 = $4200
you have to decide what your profit wants to be, and adjust accordingly.
now if you wanna buy a car, and have fun putting an engine in it and then enjoy it for the summer, you're in great shape
#17
Scuba, I don't think you are getting the message. Perhaps one of the admins can give you something more effective to think about.
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3 Day Ban for Ignoring Club Rules and the orders of a Moderator. alnielsen
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3 Day Ban for Ignoring Club Rules and the orders of a Moderator. alnielsen
#18
kevin@rotaryresurrection
iTrader: (3)
Joined: Feb 2005
Posts: 1,415
Likes: 57
From: east of Knoxville, TN
Well, I can obviously do my own mechanical work, and if need be I can do basic paint and body (although not to show quality), so the main thing for me is getting ahold of the parts. Every "part out" thread I check is not actually a part out, but a 'selling a catback and air freshener off my car that I've returned to stock" thread so finding body parts seems to be difficult. Maybe I'll just resell it with the body damage and let the buyer worry about it.
#22
Most common to get hit! The curse of the silver is just all too true...
All the accidents that I've been in have never been my fault!
It's like driving around with a "please hit me sign."
I personally see more Red RX-8's on the street, but I guess that depends on location and luck too haha.
And dang resale on these cars suck so much...
Guess I'll be keeping mine till the day I die.
All the accidents that I've been in have never been my fault!
It's like driving around with a "please hit me sign."
I personally see more Red RX-8's on the street, but I guess that depends on location and luck too haha.
And dang resale on these cars suck so much...
Guess I'll be keeping mine till the day I die.
#24
kevin@rotaryresurrection
iTrader: (3)
Joined: Feb 2005
Posts: 1,415
Likes: 57
From: east of Knoxville, TN
auto with a bad motor, 500-1000. manual with a bad motor, 750-1200. Those values are assuming average condition and mileage. If it is exceptionally clean or lower mileage maybe add a few hundred bucks.
I recently had trouble selling running/driving manual rx8s with fresh rebuilds that I did for $4000-6000. Dont even THINK about trying to flip an auto for anything more than a couple grand.
I recently had trouble selling running/driving manual rx8s with fresh rebuilds that I did for $4000-6000. Dont even THINK about trying to flip an auto for anything more than a couple grand.
#25
Yep, my buddy has been stuck with a clean 2006 GG Shinka with a fresh rebuild in it for a while now and he was asking 6k and has had no serious buyers. Although he is not really trying hard to be honest.
The last one I found that he bought was from a mechanic I know who runs a shop. They told the old guy he needed a new engine after he spent $1500.00 replacing a bunch of parts with them. The old guy was fed up and sold us the car for $1800.00. It was a 2008 auto under factory warranty so my buddy just dropped it off at the dealer and they repaired it (bad tcm module). And the 2008 he still has as well, and it's a clean car, new Bilstein HD's and he threw some 09+ 18" wheels on it.
He probably won't lose money on it but no one really wants an auto even though it is the 6 port 6 speed auto. His wife has been using it as a daily for now. He has flipped a few and paid no more than $2,000.00 for one with a blown engine, not even the Shinka. A 4 port Auto with a bad engine is worth more in parts than it is in running condition.
The last one I found that he bought was from a mechanic I know who runs a shop. They told the old guy he needed a new engine after he spent $1500.00 replacing a bunch of parts with them. The old guy was fed up and sold us the car for $1800.00. It was a 2008 auto under factory warranty so my buddy just dropped it off at the dealer and they repaired it (bad tcm module). And the 2008 he still has as well, and it's a clean car, new Bilstein HD's and he threw some 09+ 18" wheels on it.
He probably won't lose money on it but no one really wants an auto even though it is the 6 port 6 speed auto. His wife has been using it as a daily for now. He has flipped a few and paid no more than $2,000.00 for one with a blown engine, not even the Shinka. A 4 port Auto with a bad engine is worth more in parts than it is in running condition.
Last edited by 9krpmrx8; 03-31-2016 at 10:26 AM.