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Old 09-05-2012, 07:15 PM   #1
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Default Feeler - Should I sell my Miata?

I could use the money right about now..

For those who are unfamiliar, mine is a '93 Greddied 1.6, 240rwhp, all of the suspension, etc.

Of course, I won't get out of it nearly what I put into it. There must be 12-13k tied up in it, but since I have a daily now and won't realistically get to drive it like it should be driven until I get back from an upcoming deployment sometime next fall, it's making more and more sense to sell.

What say you, MT? Is 6k an unfair asking price?



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Old 09-05-2012, 07:21 PM   #2
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Just in case anyone asks for a mod list, here's a quick top-of-my-head:

Engine

Greddy turbo & manifold
MSPNP
22x9x3 FMIC / Devil's Own basic W/AI
Begi DP, Enthuza 3"

Drivetrain

ACT HD
Fidanza flywheel
Mazdaspeed 6-speed
Sav's RX-7 clutch-type diff
Redline fluids

Suspension

Energy bushings (black), zerk fittings
Bilstein HD shocks
GC 700/325
25mm/15mm solid sways (Eibach)
steering depower/Prothane rack bushings ('97 rack)

Brakes

TSE 11.75" BBK front
NB Sport rear
Goodridge SS lines

Interior/safety

HDHCSD
HD door bars
Sparco Sprint Vs
Simpson 5-pts (uninstalled)
Momo champion/Works Bell QR hub
Misc. bling

Exterior

Resprayed in 2006
Touge Run lip (cracked but "sewn" back together)
NACA ducted headlight lid
Hella E-codes
red front reflectors
hard top (SM brackets)
new windshield 2012

Last edited by kotomile; 09-05-2012 at 08:18 PM.
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Old 09-05-2012, 07:28 PM   #3
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I see no problem starting at $6k. Only thing for me is that it's an older Miata, 1.6L.
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Old 09-05-2012, 07:35 PM   #4
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I wouldn't sell it at this point. IMO the fact that it's a 1.6 car is irrelevant, assuming it has a torsen rear end and 1.8 brakes. The 1.6 obviously makes plenty of power and is immaculate otherwise.

It would be a shame if you got less than 6k for it.
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Old 09-05-2012, 07:52 PM   #5
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its a shame you are considering this while living in NC, but I agree, you should stay firm on a 6k MINIMUM, but it would be nicer of you found a way to keep it, that is one sexy machine. But I to understand times can get very shitty.
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Old 09-05-2012, 07:57 PM   #6
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Yeah, times are shitty.

I have the option to sell in northern Florida, too, if selling 'round these parts isn't going anywhere.
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Old 09-05-2012, 08:00 PM   #7
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Quote:
Originally Posted by Fireindc View Post
I wouldn't sell it at this point. IMO the fact that it's a 1.6 car is irrelevant, assuming it has a torsen rear end and 1.8 brakes. The 1.6 obviously makes plenty of power and is immaculate otherwise.

It would be a shame if you got less than 6k for it.
Thanks. It has an RX-7 diff from Sav's black car and a '96 carrier, and the brakes are much better than plain ol' 1.8 brakes.
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Old 09-05-2012, 08:19 PM   #8
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Like you, I've debated selling mine for the past 3 years, seeing that it does more sitting than anything.

If you sell it you'll miss it, obviously, but if you need the cash you need the cash.

Also, $6k is too low IMHO.
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Old 09-05-2012, 08:19 PM   #9
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Comon, Matt. Your car was one of my first inspirations for how I wanted mine to look. You've got a lot of blood, sweat, and $$$ tied up in that. Keep itttt.
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Old 09-05-2012, 11:08 PM   #10
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$6K is a steal.
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Old 09-05-2012, 11:15 PM   #11
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6k is a steal for those of us that own miatas, but for most in the market right now even that's not really anything special. People are unloading sweet cars for pennies these days cause they're broke.

So I see it this way:

if you sell it, take a 6k loss, and later miss it and want to do another miata, you're starting fresh down 6k. Or you keep it, get by without the extra cash, and get to enjoy something you put tons of money and time into.

Basically I'm not sure its worth taking such a big loss at this point.

And no, I don't think 6k is too low. Look at the damn market: anything that isn't dirt cheap is sitting for sale for months/years.
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Old 09-05-2012, 11:28 PM   #12
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Such a nice car. I hope you end up keeping it. Like everyone else is saying, it will cost a lot to get back to where you are now. The car is functional, fast and also very pretty.
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Old 09-05-2012, 11:35 PM   #13
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I strongly recommend against this course of action.

Plus, won't you be saving up a bunch of dough while on deployment? Or are you married? (I, of course, was married and my wife would go on punitive spending sprees when I deployed).
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Old 09-06-2012, 10:52 AM   #14
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Quote:
Originally Posted by 18psi View Post
6k is a steal for those of us that own miatas, but for most in the market right now even that's not really anything special. People are unloading sweet cars for pennies these days cause they're broke.
That's true, but the markets are also different across the country. In the Atlanta area, that's a $5k car stock, so $6k with the turbo goodies, brakes, 6ULs, etc is pretty smokin'. I imagine it's probably a $3k car in CA (stock).
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Old 09-06-2012, 01:14 PM   #15
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Truth. Where I live (one of the top 10 poorest states in the US) that's still at least a 5-6k car including those mods. I'd still ask 6k at least. While this state is pretty poor, people love spending it on modified cars - so they actually still go for a decent price.
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Old 04-17-2013, 09:06 AM   #16
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Welp, no longer in a financial bind, but now I have another sporty car so the Miata's going to have to go.

So now the question is: do I start a FS thread while I'm still deployed and have my wife try and seal the deal, or do I wait until I get back, which depending on my boss' boss' mood, could be either next month, July, or September.

Decisions..
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Old 04-17-2013, 09:37 AM   #17
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Quote:
Originally Posted by kotomile View Post
Welp, no longer in a financial bind, but now I have another sporty car so the Miata's going to have to go.

So now the question is: do I start a FS thread while I'm still deployed and have my wife try and seal the deal, or do I wait until I get back, which depending on my boss' boss' mood, could be either next month, July, or September.

Decisions..
Please email me: evan_farnum at yahoo dot com.
Where is the car located? I'm ready to buy a car with cash in hand and willing to travel so maybe we can make this a quick and easy deal. Im supposed to pick up a car in the Phillidalphia area next weekend (27th-28th) but am questioning the owners motivation to sell. Can you shoot me some interior pics?
Thanks Evan
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Old 04-17-2013, 06:16 PM   #18
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koto, my experience selling my car was to wait for the buyer to find it, not to wait for it to find a buyer. I kept my eyes peeled for people looking for something similar and shot them a PM or replied to the thread with a "hey I have that car more or less and I'm considering selling. would you consider $XXXX?

And if they are looking, then they are aware of the cost of doing the mods and will appreciate the right car for the right price.

Just make sure you get enough for it that you're satisfied even if you don't get what you put into it.

At the end of the day, you want to both sell it and feel satisfied with the terms. And satisfaction for me included not getting absolute top dollar if it meant putting in a lot of work to sell the car.
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Old 04-17-2013, 06:32 PM   #19
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Keep the miata and beat the living **** out of it. Drive the NSX nicely and keep it pristine.

Or part out the wheels so i can buy them
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Old 04-17-2013, 06:37 PM   #20
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Quote:
Originally Posted by Fireindc View Post
Keep the miata and beat the living **** out of it. Drive the NSX nicely and keep it pristine.
+1. Keep the NSX as the nice twisty-road fair-weather car. Turn the Miata into a track toy.
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