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Street value of NSX to drop??
- Thread starter MYNSX
- Start date
- Tagged users None
No one knows yet what kind of performance gains the 2004 will have. We can probably expect something pretty significant though.
I think they've already dropped. Because of the economy and market situation there are several listed for sale in various places that are obviously being dumped by cash-strapped individuals. That is not a good thing for owners who are able to hold on to their cars for now, but may want to sell later. One more example of a car not being a good investment....
The late model ('97+) car values have dropped. I think part of the reason for this is not just the economy, but also the terrific incentives that Honda is offering on the 2001 model, with selling prices around $70K for a brand new NSX-T. Given that, it's almost a no-brainer that four-year-old '97 models aren't selling in the sixties any more.
The older coupes might be off by a grand or two, but no more. There's a lot of demand for well-kept early models with moderate mileage, from people willing to step into the market around the $30K threshold.
[This message has been edited by nsxtasy (edited 18 December 2001).]
The older coupes might be off by a grand or two, but no more. There's a lot of demand for well-kept early models with moderate mileage, from people willing to step into the market around the $30K threshold.
[This message has been edited by nsxtasy (edited 18 December 2001).]
I think that the price of the early models has fallen more than nsxtacy would like to think. A year or two ago, finding any early nsx for less than the mid-30's was unusual; now the norm for 91's seems to be in the high 20's.
Lots of factors playing a role: world events, winter season, cars accumulating years and mileage, and imminent release of new model(s).
Lots of factors playing a role: world events, winter season, cars accumulating years and mileage, and imminent release of new model(s).
I think that the price of the early models has fallen more than nsxtacy would like to think. A year or two ago, finding any early nsx for less than the mid-30's was unusual; now the norm for 91's seems to be in the high 20's.
Only for cars that have high mileage (100K+) or poor condition or title problems or automatic transmission. A well-maintained '91 five-speed in excellent condition with moderate miles (say, 50K) should still sell in the thirties, either by a dealer or by a private party; maybe $31-33K instead of $33-35K a year or two ago, but not in the twenties.
Right, NetViper?
[This message has been edited by nsxtasy (edited 19 December 2001).]
Only for cars that have high mileage (100K+) or poor condition or title problems or automatic transmission. A well-maintained '91 five-speed in excellent condition with moderate miles (say, 50K) should still sell in the thirties, either by a dealer or by a private party; maybe $31-33K instead of $33-35K a year or two ago, but not in the twenties.
Right, NetViper?
[This message has been edited by nsxtasy (edited 19 December 2001).]
Ken is right. It is still very hard to find a 91-92 NSX with 50-60K for less than 32K. Automatics are a totally different story. You can easily pick an an auto with the same mileage for 25-28k.
When the new model -2004 - comes out, I don't expect to see the price of the 91's drop any lower. They seem to have bottomed out at 30K.
You will every now and then hear about someone getting a great deal on a 91-93 for under 30, but that is a rarity.
Of the cars that I have personally looked it (within the past 6 months) prices were:
92 NSX 70K miles - 28,000 (bank repot)
91 NSX 90K miles - sold for 27,000+ on ebay. It did not have a clean record.
91 NSX AUTO with 80K miles with brand new transmission for 26,000.
Hope that helps.
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NetViper -= 100% Stock EBP 2000 Civic Si =- Still looking to get an NSX, but at least I can live life at 8,000 RPM!
