Truly.
Best to give up with this guy, it's like hitting our heads against a brick wall.
......or maybe he is cunning collector trying to shame you into lowering your prices....then swoop in.......:biggrin:
Truly.
Best to give up with this guy, it's like hitting our heads against a brick wall.
Anyone have any idea how much it depreciated due to a minor accident? It now has an accident on its carfax and prior paintwork. I'm not sure if the fender will be replaced or not. My guess is around 7-10k but I'm curious to hear thoughts here. I figure it has been bumped down from collector to driver status.
Just another noob chiming in to say thanks, RacerXwing, for this useful data. I've been stalking the right NSX for me for about a year (after a lifetime of Honda products), and finally found it this weekend. '98 Kaiser Silver 6MT with 28k miles that was lovingly maintained by its second owner for the last 18 yrs. Bone stock. All it needs is TB/WP. How can I message you the details for your data set? Thanks again.
Thanks for the feedback. I very much appreciate the baseline and accumulated knowledge! If average is around 8% then I'm guessing I may be slightly higher than average. As an illustration, a 5-owner 100k mile car won't lower by the same % as a 1-owner 30k mile car as a prior accident won't be perceived as such a large factor in the former vehicle than the latter.Sorry to hear about that. I believe I can help. I have tracked NSXs with reported accident history over the years. The average effect is -8% on value. For an NA2 Targa (Pop-ups) with 46k miles, that translates into about a $5-6k value reduction.
Thanks, RacerX. Try my prime handle @ Gmail. And Neuron and John. I look forward to learning more about these cars with this community.
Congrats on your car. Kaiser is awesome. Post some pics!
Even tho I sold mine last summer and bought a 981 Cayman S, I'm always sniffing around the usual sites looking for a deal....
Found one today that has been on market for 204 days and has price dropped $36K from original asking price
It's a minty red 1991 with 20K miles now down to $56,000 .... If my wife wouldn't kill me, I'd be tempted to make an offer.
I got mine for $23k less than the original ask. After receiving my wife's approval.
Where did you find it if you don't mind?
Yeah, the one I posted about seems to be the trend lately.....sellers are realizing they're not getting any offers at those overpriced asking prices... people went nuts for some of these cars in 2018-2019 , but lately the market has turned and there seems to be a sweet spot price wise right now for them.
If a 20k mile minty is down to a $56K asking price, what does that do for the 60k+ mile multi owner cars?
Is a correction coming soon to these prices?
Better to be used than to sit! I just viewed your listing, and your car was pretty good with recent TB/WP service. Average market would be around 40.5k according to the datasheet. Yours seemed better than average, so at 39k you were below what it was worth. That's not counting the nice modifications. Or the extra set of polished seven spokes. FWIW I just bought a set of the polished seven spokes (same as what you included with your car) for $2200 this morning. Factor them as worth another ~2000, and for your buyer it was a great opportunity to own a great car. Congrats on the sale, glad to hear it was clean and simple.Thanks for the informative analysis @RacerXwing! I just sold my 93 NSX and sent you a PM with the data. I had full price offers within a day of my listing, so the market seems pretty healthy. I wish I had more garage space so I could have kept it, but I'm glad someone else will be able to enjoy it. Cheers!
I don't think C8 will affect gen1 but gen2 market. I'm struggling to see who would cross shop gen1 and C8. If anything I would get both or depending on my needs one if that's all I can afford at the moment.
Who do you think would jump from gen1 to C8? Just don't see this happening on the scale that can affect anything.
May be true but not sure unless we see data on how many NCs were bought by first time NSX buyers. Given how few were sold it shouldn't be too hard to source.c8 won't affect gen2 market either. Buyers are completely different.
Most of the gen2 owners may own a c8 as a beater, not as a replacement for the NC1.
Many gen2 owners also have gen1 nsx and can easily afford c8 as an extra car, if desired.
Thanks! I guess I may be a bit out of touch with the market, and I'm surprised to hear that it could be worth over 40k with the mileage and accident history, but I'm still happy with the result. I didn't want it to linger on the market as I have other projects to get to, so I tried to price it to sell quickly.Better to be used than to sit! I just viewed your listing, and your car was pretty good with recent TB/WP service. Average market would be around 40.5k according to the datasheet. Yours seemed better than average, so at 39k you were below what it was worth. That's not counting the nice modifications. Or the extra set of polished seven spokes. FWIW I just bought a set of the polished seven spokes (same as what you included with your car) for $2200 this morning. Factor them as worth another ~2000, and for your buyer it was a great opportunity to own a great car. Congrats on the sale, glad to hear it was clean and simple.
May be true but not sure unless we see data on how many NCs were bought by first time NSX buyers. Given how few were sold it shouldn't be too hard to source.
it becomes just another corvette.
Thanks for the feedback. I very much appreciate the baseline and accumulated knowledge! If average is around 8% then I'm guessing I may be slightly higher than average. As an illustration, a 5-owner 100k mile car won't lower by the same % as a 1-owner 30k mile car as a prior accident won't be perceived as such a large factor in the former vehicle than the latter.
Where did you find it if you don't mind?
Yeah, the one I posted about seems to be the trend lately.....sellers are realizing they're not getting any offers at those overpriced asking prices... people went nuts for some of these cars in 2018-2019 , but lately the market has turned and there seems to be a sweet spot price wise right now for them.
If a 20k mile minty is down to a $58K asking price, what does that do for the 60k+ mile multi owner cars?
There are actually two at this price right now
https://www.ebay.com/itm/1991-Acura...g:vHIAAOSwUCFd19wG&LH_ItemCondition=3000|2500
https://www.ebay.com/itm/1991-Acura...g:FAYAAOSwMvxdO-Mz&LH_ItemCondition=3000|2500
Wish I had $55K laying around right now
Is a correction coming soon to these prices?
That's his job. Of course he cares.I'd bet money that "the guy selling cars" couldn't care less.
I didn't buy my car with the intention of keeping it limited to the lethargic behemoth of an engine in it. I got the car at a reasonable price, and have done with it what I want.Speaking from experience. Whether you flip cars or not has nothing to do with the fact that you are "getting fleeced," to use your words.
Take it from whoever you want. It's in his interest to tell you that your car, with all bolt on body pieces, is worth less if you replace one of them. If the new bolt on fender that is paint matched to your car lowers the price of your car that much, then you should get a better body/paint guy, or step up and pay the dealership to do it.Your response truly demonstrates a lack of understanding about vehicle values and market dynamics. If you think that someone is going to pay the same amount after the accident as before, you are out of touch with reality. If you think that I will just let someone get away with devaluing my vehicle without seeking compensation for damages, you need to take a back seat. Thanks for trying to answer the question, but I'll wait for more useful advice, preferrably from someone like Sterling who understands car sales and how diminished values work. All the best.
LOL.......or maybe he is cunning collector trying to shame you into lowering your prices....then swoop in.......:biggrin:
How many miles on it?I found mine on cars.com. Seller had it listed on car gurus, as well.
Here's a nice valuation analysis on Hagerty.com that shows increasing values of 'minty' #1 & #2 cars, while #3 & #4 are declining:
https://www.hagerty.com/apps/valuationtools/1998-Acura-NSX-3.2L?id=129114
Guess I won't drive mine as much as I originally intended!
That's his job. Of course he cares.
Take it from whoever you want. It's in his interest to tell you that your car, with all bolt on body pieces, is worth less if you replace one of them. If the new bolt on fender that is paint matched to your car lowers the price of your car that much, then you should get a better body/paint guy, or step up and pay the dealership to do it.
Sup y'all, this is my first post. I'm just hear to scope out the market for a NA1 and NA2 pre facelift. I got a little too excited this past weekend when i found a stock 95 up for sale in my city, 101K miles, $47k. I thought it was a decent deal since it seemed to be in pretty good condition (and stock is what i'm looking for) but others have told me that car should go for low 40's instead. Anyway, I plan to follow threads like this and browse Prime to get more acquainted with the car and market so that I can better determine a good deal when i see one in the future!