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Sheesh, whats with the flood of '04's for sale?

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Old 07-24-2008 | 02:28 AM
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Sheesh, whats with the flood of '04's for sale?

can barely find a 2006 or '07 or even a couple of '05s for sale.. but DAMN every other rx8 is a '04.. what gives??/ That many lease's?
Old 07-24-2008 | 03:03 AM
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Its '08 meaning the '04s are paid off for the most part, you'll see a boat load of '05s coming up and so on and so forth.
Old 07-24-2008 | 09:11 AM
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Two dealers in South Florida can't keep a used RX-8's on the lot. They are gone within a week of being traded in for another car. One dealer said they would give me top dollar on trade in for a new RX-8. Mine is like new and loaded except for Nav, 50,000 miles. Re-built motor running great.
Old 07-24-2008 | 10:56 AM
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Top dollar is 11-12k though for a trade in.
Old 07-24-2008 | 01:34 PM
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lease end for 04s as well. Local craigslist has 04 outnumbering every other MY 5:1.
Old 07-24-2008 | 03:14 PM
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haha yeah paid off by now....lease running out and now the next model(09's) are out so ppl want to upgrade to something newer possibley
Old 07-24-2008 | 03:27 PM
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I agree. I have seen so many used rx8s in almost perfect condition selling for 15k used. It's almost tempting enough to get one over my 3. I could sell my car for 16k and pick up an rx8 for 15k.
Old 07-24-2008 | 04:41 PM
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Not only is there a flood of 04s for sale, but there's a flood of people coming here that just bought 04s for basically nothing.
Old 07-24-2008 | 04:55 PM
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Originally Posted by Garrett
Not only is there a flood of 04s for sale, but there's a flood of people coming here that just bought 04s for basically nothing.
very true. You are going to get a ton of people that don't understand the engine. These people will then in turn complain about the car.

Prepare for riced out rx8s like you have never seen.
Old 07-24-2008 | 06:43 PM
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I'm glad they're out there, cause I'm probably going to pick one up soon.
Old 07-24-2008 | 07:23 PM
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Originally Posted by Cromus
I agree. I have seen so many used rx8s in almost perfect condition selling for 15k used. It's almost tempting enough to get one over my 3. I could sell my car for 16k and pick up an rx8 for 15k.
BS. A brand new mazda3 is only what? 15k? Where I am, used mazda3s are at least $10,000 cheaper than an equivalent year RX-8.
Old 07-24-2008 | 11:48 PM
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My lease is up next week, and I will be adding to that number of 04 RX-8's on the lots.
Old 07-24-2008 | 11:59 PM
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Originally Posted by Cromus
Prepare for riced out rx8s like you have never seen.
so true... its already been happening
Old 07-25-2008 | 06:47 AM
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^^eh, what do u expect? Only way ANY sporty import staves off the ricer crowd is by keeping the price out of their reach. IMO the 04's are STILL a bit out of reach for the majority of ricers out there. Its inevitable that eventually more and more ricers will get their hands on used 8's, but no more than any other affordable used import.
Old 07-25-2008 | 08:49 AM
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Originally Posted by Garrett
Not only is there a flood of 04s for sale, but there's a flood of people coming here that just bought 04s for basically nothing.
Raises hand (although 13k isn't necessarily nothing)!
Old 07-25-2008 | 08:55 AM
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Originally Posted by delhi
BS. A brand new mazda3 is only what? 15k? Where I am, used mazda3s are at least $10,000 cheaper than an equivalent year RX-8.
that is most likely true if you are talking about a entry level 2.0l i model. Fully loaded 3s fetch between 19-23 new. Check the KBB on the used prices. They are similar
Old 07-25-2008 | 09:01 AM
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the 3 is also holding its value much better than the 8 is......so yeah they are in the same range price wise now
Old 07-25-2008 | 09:08 AM
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Yeah, I was the first person in the area to own an 8, the local dealer a town or so over wasn't moving them much, and if he was it wasn't to locals (pistons are very big here ). (I should elaborate, I mean narrow minded people that don't trust things they don't know about)

Anyway, about a week after buying the car, the dealer I bought it from starts getting about two used ones a week....and they move the next couple days.....and then more show up....and they're gone in a day or so.

Now I get to see them all over the place, 80 year old women, child molestor looking men trying to relive their childhood, and the "trophy wives" all have one. Needless to say I'm a little frustrated. Lately I've been "fortunate" enough to see a few of them at the gas station. So far all of them are AT's, mixes of 04/05, no idea that they needed to check the oil regularly, high rev often, or use 93 if possible to eliminate knock (one guy said he's having constant misfire codes, and he's using 87 with ethanol and no octane supplement or anything).

What I'm getting at is, my biggest worry isn't the ricer crowd because I think 13k or so is still out of their hands. My biggest concern is how many of these cars are going to have a very short life in the hands of people that don't know how to properly care for them. Especially with them being 04 AT's for the most part that aren't getting abused regularly to inhibit carbon deposits.

I don't know whether to blame the dealers, or just the ignorance of the populace in general for not thinking an alternative engine technology requires more than a piston engine would. While premixing one of them told me I could severely damage my engine by doing that, because oil wasn't meant to be mixed with gas...I mean c'mon, if I was walking over to a guy that was doing something like that to his vehicle, I don't think I'd question it, because most likely he's doing it for a reason. Another older gentlemen that I met that purchased one recently said he'd like to throw another rotor iron on and make a 3 rotor renesis soon. Whether it can be done or not I'm not debating, but he said it like you would talk about changing your air filter out.

And I know, most new buyers probably did all of this too, people with more money than sense that didn't research anything and then turned around and complained about the car's reliability, but at least they were people that could maybe afford to take care of the car. I know a couple of the people that own them here now can't afford to put 93 in the car.....I can't wait until it's plug and coil change time, or they need some new 18's and they cry at the treadwear.

Sorry to ramble, but I guess my point is, I wouldn't worry about the ricers so much, I'd worry about the middle class segment that doesn't research, never changes their oil, and can't afford proper vehicle maintenance. That's who these prices are catering to now. Don't get me wrong, I bought mine used because of the deal I got, but I did research for two weeks while looking at it, like I'm sure most of you did. I'm not harshing on middle class at all, but your average middle class person surely does not need this vehicle.
Old 07-25-2008 | 09:32 AM
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the middle class segment are the dealer's cash pig.
Old 07-25-2008 | 10:09 AM
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Oh no doubt the middle class segment is the cash pig, I'm not disputing that. I guess I'm just someone that has to see rationalization and justification in the world. The fact that dealers screw people over by selling them something they don't need or don't explain things to them properly bothers me (other retailers are included in this).

I think my point may have been lost in the rant but it was mainly that this flood of 04's is going to bring more dead engines most likely, and more complaining drivers because the people that are buying them now for the most part are uneducated shoppers.
Old 07-25-2008 | 10:13 AM
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Originally Posted by Varalith
Yeah, I was the first person in the area to own an 8, the local dealer a town or so over wasn't moving them much, and if he was it wasn't to locals (pistons are very big here ). (I should elaborate, I mean narrow minded people that don't trust things they don't know about)

Anyway, about a week after buying the car, the dealer I bought it from starts getting about two used ones a week....and they move the next couple days.....and then more show up....and they're gone in a day or so.

Now I get to see them all over the place, 80 year old women, child molestor looking men trying to relive their childhood, and the "trophy wives" all have one. Needless to say I'm a little frustrated. Lately I've been "fortunate" enough to see a few of them at the gas station. So far all of them are AT's, mixes of 04/05, no idea that they needed to check the oil regularly, high rev often, or use 93 if possible to eliminate knock (one guy said he's having constant misfire codes, and he's using 87 with ethanol and no octane supplement or anything).

What I'm getting at is, my biggest worry isn't the ricer crowd because I think 13k or so is still out of their hands. My biggest concern is how many of these cars are going to have a very short life in the hands of people that don't know how to properly care for them. Especially with them being 04 AT's for the most part that aren't getting abused regularly to inhibit carbon deposits.

I don't know whether to blame the dealers, or just the ignorance of the populace in general for not thinking an alternative engine technology requires more than a piston engine would. While premixing one of them told me I could severely damage my engine by doing that, because oil wasn't meant to be mixed with gas...I mean c'mon, if I was walking over to a guy that was doing something like that to his vehicle, I don't think I'd question it, because most likely he's doing it for a reason. Another older gentlemen that I met that purchased one recently said he'd like to throw another rotor iron on and make a 3 rotor renesis soon. Whether it can be done or not I'm not debating, but he said it like you would talk about changing your air filter out.

And I know, most new buyers probably did all of this too, people with more money than sense that didn't research anything and then turned around and complained about the car's reliability, but at least they were people that could maybe afford to take care of the car. I know a couple of the people that own them here now can't afford to put 93 in the car.....I can't wait until it's plug and coil change time, or they need some new 18's and they cry at the treadwear.

Sorry to ramble, but I guess my point is, I wouldn't worry about the ricers so much, I'd worry about the middle class segment that doesn't research, never changes their oil, and can't afford proper vehicle maintenance. That's who these prices are catering to now. Don't get me wrong, I bought mine used because of the deal I got, but I did research for two weeks while looking at it, like I'm sure most of you did. I'm not harshing on middle class at all, but your average middle class person surely does not need this vehicle.
It all depends on the individual and not so much the car they own. I was raised by Pop to keep my cars clean, do the proper maintenance and read the dam manual. It's a matter of one's pride in what they own. My 2004 looks new in and out and under the hood. Thx Pop!
Old 07-25-2008 | 11:45 AM
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There are tons of 04 8's for sale for two reasons:

1. All the reasons listed above
2. They made way more 04's than other years.
Old 07-25-2008 | 11:50 AM
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Originally Posted by Garrett
Not only is there a flood of 04s for sale, but there's a flood of people coming here that just bought 04s for basically nothing.

Hey guess what? HELLO RX8 Club I just bought an RX8 for 10k. 04.
Old 07-25-2008 | 12:11 PM
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Originally Posted by PandaBear
Hey guess what? HELLO RX8 Club I just bought an RX8 for 10k. 04.
I bet its 04 AT.
Old 07-25-2008 | 12:16 PM
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6speed. Leather seats, heaters pretty much fully loaded.


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