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I'm digging the VW Bus and the AMC Gremlin!
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Updated Hagerty Values
- Thread starter buckeyensx
- Start date
While I think values have gone up as well, the key as always is why anyone would buy one: driving enjoyment or as an alternative investment? I think a lot of NSX owners, like me, view their cars in between these two as they like to drive them but at same time would like to see value continue to rise but perhaps not to the point that they become too valuable as that would impact driveability. That being said, I have been thinking about selling my 93 red/black NSX as I'm not driving it as much as I used to. It has less than 72,000 miles on it and has had most of the major maintenance including TB/WP. Trying to determine value if I sell. Any thoughts? I'm in Georgia and am not interested in shipping to Scottsdale.
SW2 Heritage Cars
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List for close to or at $40.
Be prepared to take $32-35 if you want it to sell.
Most likely your car falls in to the "Good" category and Hagerty is listing that at $42,200. Like others though I think Hagerty is a few months ahead and/or a bit optimistic. I have no doubt that your car will be $42+ at some point, just not sure that some point is now. Of course, I am also totally fine with you trying to push the market and get $45-50k for your car I just wouldn't hold your breath for a real sale at this point in time.
just my 2 cents.
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SW2 Heritage Cars
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If the car is in nice condition and stock, it should be in the 40s pretty easily. The 30s would be too low.
No way a clean 93 NSX with 72K miles goes in the low to mid 30s in 2016. This was a 2012-2013 price point. I agree with Hagerty at the low 40s price point and in 5 years that car will be closer to 50K. There will never be another car made that approaches the NSX total package.
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SW2 Heritage Cars
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Gents, I think we're putting a bit too much stock into the Hagerty valuations. Remember, they cover hundreds of cars and their numbers are always going to be a bit behind the game. They're good when it comes to super low-production collector cars where sales are widely publicized, but for something like the NSX they have little way of knowing where real transactions are at.
We're good, No offense taken...Yes, I was joking.
I agree with you. I looked at this car in Chicago a couple of weeks ago. Very nice car. I had him down to 42k, I did not buy since I found a black one I liked better from another member.
View on full website:
http://atcm.co/S2PVDP/19BE2935
base on what you told us, and the trends and demands as of late your car is $40 plus all day long, I wouldn't let it go for anything less. Prices will continue to rise for nice example.
Hagerty is very up to date on sales pricing, insured values, etc. They have representatives at every major car auction in the U.S. so they have real time information regarding the value of NSX's. It helps that the CEO Mckeel Hagerty is a car collector, enthusiast himself.
SW2 Heritage Cars
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They're good, but they aren't magicians and they can't track every sale. Like I said, they're great with super-collector cars (which have many if not most of their transactions happen at public auction), but they aren't the best with higher production cars like the NSX, where most transactions are private or dealer-level. To really know those markets, you need a specialist who is involved with that specific market on a daily basis, and who knows the "behind the scenes" of what's going on with these cars.
If we were judging prices off of auctions alone, a Condition 1 '02+ NSX would now be considered a $144k car, which it most definitely is not on the private market. There is a black '02+ car with less than 2,000 miles that has been sitting on eBay for less than that number for months now, to give one publicly available example.
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So how does a "specialist" monitor these private sales? Hagerty insures numerous NSX's and through their agreed value gleans current pricing based on the clients stated value. This plus their participation at sales, auctions and monitoring reputable car sites/periodicals seems like a better source for current pricing. Are they the only source, no, there are other sources that are equally qualified.
SW2 Heritage Cars
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I'm unsure of how an owner's stated value would bear any indication of actual value.
One monitors private sales by reaching out to the seller and/or those who know the actual details of the sale (actual selling price, which public asking price has precisely zero bearing on!).
I think you guys are trying to rationalize/quantify transactions that often defy rational (especially in small sample sizes). The owner of Papa Johns paid way over market for THE (not a) Camaro (gen 2 I think) that he had originally sold to start his pizza business.
Watch "What's my car worth"...even the "Pros" get it wrong sometimes (in both directions).
Watch "What's my car worth"...even the "Pros" get it wrong sometimes (in both directions).
I have an issue with the "Pro", seems Keith never throw out the first pitch, he lets the person involved with the car set the baseline and then, usually knocks 10-20k off. On the rare occasion, he might go slightly higher.
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I'd say 95% of the time he is pretty much "on the money". Needless to say, when a couple bidders get emotional, anything can happen.
While car looks and drives like a condition 1 car, i think it is likely a condition 2 or 2+ as it is flawless in how it looks and drives, with most of major maintenance done and completely stock (except for BBS wheels, although i also have originals). Prior owner to me (70 y/o retired Delta pilot) had a minor accident and replaced r/fender, repaired bumper and re-painted entire car original colors which probably makes this a condition 2 car or maybe a very high 3. no issues with gaps, steering, suspension, etc. Repair and repaint at Jackson Acura in Georgia. Same master mechanic certified by Acura has performed all maintenance on car for 10+ years. I have maintenance records. I have decided to sell car and have priced to sell at $39.5. Pictures and specs to be added to classified forum in a couple of days. thanks to all for your thoughts on value.
