1994 Mazda RX-7 With 4,600 Miles Goes For UNTHINKABLE Price — Is It Worth It Or Are Buyers NUTS?

There's no question in my mind that the past 24 months in the used car market has been insane. That's because the prices are CRAZY for certain vehicles.

Whether its Porsche, Ferrari, Mercedes or BMW, if you have the right model and it's had some miles on it, you can guarantee it'll get all the money — and then some. Vehicle values have been riding high.

But could it all end? Or, is this the "new normal" as we approach the end of do-it-yourself, gasoline-fed autos?

The latest example is a 1994 Mazda RX-7 coupe. Only boasting 4.600 miles, it's the epitome of barely broken in. Its interior looks like it just rolled off the showroom floor.

Check it out after the jump and let us know in the comments below: Is THIS RX-7 worth it or are today's buyers NUTS?

This 1994 Mazda RX-7 Touring is finished in Montego Blue Metallic over tan leather and shows under 4,600 miles. The car has spent its life registered in Virginia and was purchased by the selling dealer approximately one year ago. As a Touring model, the car features a factory sunroof, fog lamps, rear window wiper, and the Bose Acoustic Wave sound system. Power comes from a sequentially-turbocharged 13B-REW rotary engine paired with a 5-speed manual transmission and limited-slip differential. This FD RX-7 is now offered by the selling dealer with a clean Carfax report and a clean Virginia title...

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PUGPROUD - 4/30/2019 5:24:58 AM

-2 Boost

There are avid collectors of Japanese cars both in Japan and here and money isn't worth nearly what it use to be. Having said that the collector car market does seem overheated and due for a correction.

MDarringer - 4/30/2019 8:18:58 AM

-3 Boost

The collector car market does seem headed for a correction which is why I have offloaded a bundle of them.

t_bone - 4/30/2019 8:10:54 AM

+6 Boost

A 25-year old time machine is pretty apealling, even something relatively ordinary. Maybe even more so, as the world matches toward jacked-up, electric, driverless blobs.

MDarringer - 4/30/2019 7:58:14 PM

-1 Boost

This: "A 25-year old time machine is pretty apealling (sic)..." is what people say when they have no experience with the 25-year old car.

MDarringer - 4/30/2019 8:17:59 AM

-4 Boost

$70K is $60K too high. This is not a coveted sports car classic. It has the ignominious honor of being the RX7 that ruined the RX7. Mazda took the car upmarket and that was disastrous for sales. Build quality left a lot to be desired which drove customers away. The first-generation RX7 is still the one to have if owning an RX7 is your life's passion. The Japanese got into grandiose, embarrassing sports cars with the overpriced RX7, the bloated and overpriced Supra and 300ZX, and the ridiculously terrible 3000GT. I'll bet some JDM tuner boy saved up his meth sales money and bought this thing. The seller is no doubt laughing all the way to the bank.

mre30 - 4/30/2019 10:56:51 AM

-2 Boost

The purchaser is going be really BUMMED when s/he starts driving it only to find out that the rotary engine explodes and blows its seals, as these were prone to do.

MDarringer - 4/30/2019 7:22:20 PM

0 Boost

Indeed. The only cure for this sh!+ box is an LS7.

MDarringer - 4/30/2019 7:24:01 PM

-1 Boost

PS: The down voters (1) know nothing about the classic car market and (2) know nothing about the horrible record of this generation RX7. They are livid that I do know both.

wilfred - 5/1/2019 2:06:54 AM

+1 Boost

A must have for a rotary fan/collector! For the haters above, you probably have never driven one and just pretend you know this car... I’ve had all 3 generations of RX7:)