So, this girl at work has been parking her spouse’s BEAUTIFUL black 1993 RX-7 in my parking lot at work. Yesterday, I noticed the “for sale” sign in the front window. I am totally torn, so I’ll give you all the facts I know. Please tell me – do you think it would be a bad idea to buy this car?
First, I do not need a new-to-me car. I drive a 1995 Honda del Sol, which runs perfectly, looks cute, never breaks down and, of course, I love my car. It’s been paid off for almost 2 years, so I do not have a car payment. And my insurance is dirt cheap, since it’s classified like a Honda Civic. My car has 63,000 miles on it, dual airbags, AM/FM Cassette (no CD), A/C, and power everything. Oh yeah, for the car lovers: only about 130 horsepower; this is the Si model, not the VTEC.
The RX-7 has 49,000 miles on it. The owner just told me that her hubby isn’t sure he wants to sell, so he’s taking offers. If he gets the right offer, he’ll sell. She also told me that he just put a new engine in it, new exhaust and some other things. It’s a twin turbo, rotary engine, about 255 horsepower, jet black with tan leather interior, complete with ABS (note: my car does not have ABS), dual airbags, power everything and a moon roof.
A quick search through Kelly’s and Edmunds reveals that I can probably sell my car for somewhere between $8K and $10K . Even though the Honda blue books at about $6K, they don’t make 'em anymore and people are paying as much as stated for the rare little birds. Same sites said the RX-7 retails for as much as $27K, but people are paying each other somewhere in the neighborhood of $12K.
I went out and closely inspected the Mazda. It’s been painted – you can see the chips and scratches. It could have been wrecked. I’m also concerned they had to drop in a new engine in a car with less than 50K miles. Sounds fishy to me.
But it’s SUCH a pretty car. This is purely an emotional decision. It’s clear to me that it wouldn’t necessarily be a sound financial decision. Tell me what you think: bad idea? How about RX-7 owners and former owners? Do the Mazdas hold up as well as the Hondas? Will I find myself spending twice as much on maintenance? The gas mileage is probably poor, compared to my Honda, and I’m sure the insurance will jack up, if not double. I can afford all that, so it’s not the primary consideration.
I have not test-driven it yet, because I’m afraid I’ll fall in love and make a stupid decision because I might look really cool in the Mazda.
Feedback please! What would you do?