Originally posted by NasiRames:
until then, am salivating at the F360 spider now... anyone got 80k to spare?
Like you I've been in love with the Modena since I got a ride in one in Italy. Here the spider is selling for around $190k+. There's a new 360 spider for sale at my local dealer that was ordered by a local who canceled after it arrived. He ate the deposit so I figure he was upside down in the market.
Threads like this one make me want to sell my NSX and move the modena. We're all owners or admirers of the NSX. Why can't we get along?
Also Ken, I too have noticed a change in your post. Take it as feedback from someone who admires your knowledge and love of the NSX. You've personally have contributed to the success of the car and I thank you for that. You have a great wealth of knowledge that I appreciate and enjoy learning from you.
AND like you I get tired of threads repeating topics and wish people would look in the FAQ first as Lud has an excellent site. However lately it's not what you say but how you say it. Please keep posting but keep in mind some us are not at your level and are often posting as a quick stress break from work. I make lot's of mistakes and don't worry about others unless they're giving damaging advise.
As far as the value of the NSX. Personally I hope it holds it's value. The value of a used NSX is determined by many factors: year, quanity produced that year, color, mileage, maintenance record, abuse, mods, etc. I looked at over 15 cars before buying mine. Prices varied between $6k to $8k. It was pretty easy to see the difference and appreciate why some were worth more than others.
While a new NSX price varies too, it's due to some of the same factors effecting used NSXs. Here in Portland a brand new white NSX with 22 miles sat for over year. I keep visiting the dealer month after month and he wouldn't drop his price. Finally he decided to unload it because he took 4 used NSXs on trade within 2 months. Before I got a call from my rep someone from Montana picked it up at cost.
For the past 6+ months he's had a yellow NSX that he wants list for and will not move on the price. Why? Because it's a hot color and there are NO new NSXes for sale in the area. He still has it today.
So while your calculations are correct and people are picking up NSXs at varying prices I think it's important that people understand there are other factors that come into play. Most recently the stock market has effected the price of exotic cars. Really good deals can be found on almost any exotic if you look and have cash. If the market conditions change don't see this trend continuing.
Also the list/cost price of the NSX has increased over the years. So comparing what someone was able to pick up a new 98 for in 99 versus what you'd have to pay for a 00 in 01 is not a fair comparision. There's a 2 year difference. Any way you cut it the 98 new or used is worth less than a 00.
As far as warranty... my car was a 95 that was orignally purchased in early 96. I picked it up with 4200 miles on it. Before signing the papers I ask my dealer if Honda would honor the 5 year warranty. The answer was yes and they have performed some minor warranty repairs. So I wouldn't assume that the warranty is void if you buy an NSX second hand. I would check with the local dealer where your plan on having it serviced.
Who buys new NSXes these day? Well I know 2 people who in the last month picked new ones. Who pays list? There are lot's of people who can afford and do buy them with cash at list. These same people drop $10k in a bar for fun, and believe me we have fun. Let's just hope these people keep buying the NSX and sell them with low miles.
My last comment is one that is becoming more and more of an issue for me. The NSX is not just a 10 year old car. The NSX is truely an engineered work of art. I can guarentee you that my italian friends admire the NSX and used it as a kick in the a$$ to do more. I will be a the Farrari factory in 2 weeks and they all know I drive an NSX. When people start positioning the NSX this way the value and effort that Honda poured into it is being flushed. Let's hope the NSX doesn't just become another car. BTW is the Dino just another car?
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Hal Jones
Lake Oswego, Oregon
95T Blk\Blk SportShift
[This message has been edited by hejo (edited 28 April 2001).]