2003 NSX

[RyRy210]

I bought my NSX because to me the NSX was one of a few cars that made a great impact to the automotive industry. Mid engine all aluminum body was a 1st! 1st Hand Built Japaese Super Car! Titanium Rods! Technology inspired from Honda formula 1 racing! These are things that the new model can't take away from the old. After hearing the comments on the 2003 NSX, I even like my current NSX even more!

 

[nsxtasy]

I just want to say how cool is meeting a top executive from Honda!

Of course, we now know that much of what he said has turned out to be untrue.

 

[humanoidtyphoon]

To each his own....

 

[David Allen]

The only comment I have here is one that is realistic. You get what you pay for. If Honda sells the NSX in the US for $55K you will only get a $55K car. While this isn't a 'bad' thing (see the TT Supra before it was discontinued), I do not see any way that the 'exotic' nature of the car could still be as strong with this decision.

Fairly disappointing if you ask me. Next thing they'll be making the NSX in US Honda plants located across the street from Ford plants.

Of course we'll have to wait and see, but there is no way they can shave $35K off of the car and make it 'better' without sacrificing some level of quality. Quality and refinement costs money.

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David Allen
'00 Silverstone NSX-T
Comptech SC, Headers, Intake, Exhaust & a little Mark Basch tweakage

 

[cojones]

Originally posted by NSX4U2:
I sat next to an American Honda executive on a plane last week

You'd be surprised as to how many high-level Honda execs are no less insightful than you or I when it comes to "skunkworks" cars like the NSX.

The specs for the next generation NSX have been complete for approximately 8 - 12 months.
Plausibly true, if the first gen NSX is any precedent.

There will be no subtle reskin / engine improvement to the current car as the Japanese car magazines s have been speculating.
bzzzt...

Instead, scheduled for a late 2002 arrival as a mid-year 2003 car, the all new NSX will be mass produced from Honda with near 100% steel based construction.
If they can get the strength, weight savings and manufacturing quality up, more power to them. I'd rather have precision steel panels than the ill-fitting poop that passes for carbon fiber in some places.

 

[gheba_nsx]

All fine for me, but why call it NSX again?

 

[Soichiro]

>>dunderhead David E. Davis

Davis gushed praise when the NSX was introduced 12 years ago naming it automobile of the year. If he is less favorable now maybe that's because the car has become a bit dated? IMO Davis calls them as he sees them and has done so for years, even to the detriment of his job. He's a rare thing - an honest automotive journalist.

 

[steveny]

There are plenty of cars that have gone up in value, compared to the original selling price. The Hertz rent a racer, A/C Colbra, plenty of Mustangs from the 60's and 70's, Tons of Corvettes, a few Ferraris, gull wing Benz, anything Shelby, etc.. the factors that have added value to these cars are: Limited production, most were hand built, many were destroyed in accidents, other cars were butchered and raced on the track, and then there were some examples that were not modified, taken care of, do not have 100k miles on them. Those are the 53 vette that sell for $100k, or the GT 500 that sells for $65k. All the contributing factors needed for a car to appreciate are found in the NSX, but not in every NSX.

 

[nsxtasy]

Originally posted by steveny:
There are plenty of cars that have gone up in value, compared to the original selling price.

But don't forget that you have to take inflation into account. Let's say you bought a car for $5,000 in 1962. $5,000 at that time could buy what $29,321 can buy today. So if that car sells now for $29,321, it really hasn't gone up in value at all.

 

[Nsxotic]

Ken, this is the first time I've disagreed with you...... You don't take inflation into account for something that is already bought. If it was 5k in 62 and is worth 29k now, it DEFINITELY went UP in VALUE. In fact, it went up even more than the 24k difference in price. It also withstood the expected depreciation that goes with car. So add $4,999 to the difference and that's how much it went up. What does inflation have to do with it? If you put 5k in some investment and in 30 years it's worth 30k, did you make 25k? Or do you have to account for inflation and say that you gained nothing? I think the former.

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Todd Arnold

http://www.geocities.com/nsxcessive/index.html

 

[nsxtasy]

Let's not get into a big argument over semantics.

An item can go up in PRICE (what the economists call "nominal dollars"). If a candy bar cost 5 cents in 1962 and the same candy bar costs 30 cents today, it went up in price.

However, it doesn't go up in VALUE if it was a one-ounce chocolate bar in 1962 and it's a one-ounce chocolate bar today.

If you put $5,000 in the bank in 1962, and that $5,000 could buy a given set of items, and it's worth $30,000 in 2001, but it still buys the same set of items, the dollar amount has gone up, but the value has not.

Todd, you make an excellent point - that it is remarkable if a car doesn't go DOWN in value, since it's supposed to be a depreciating asset (a ten-year-old car with 100K miles is not worth the same thing as a new car with 0 miles).

However, I still take issue with the statement that cars have gone up in value; if you're comparing 1962 dollars with 2001 dollars, almost everything has gone up in price sixfold (some more, some less, but on average sixfold). Including incomes. But that doesn't mean that a 2001 dollar has the same value as a 1962 dollar.

 

[sjs]

Originally posted by Nsxotic:
...If you put 5k in some investment and in 30 years it's worth 30k, did you make 25k? Or do you have to account for inflation and say that you gained nothing? I think the former.

I think the latter unless the 30K buys more today than 5k did then. Otherwise all you did was match inflation and indeed you gained nothing in buying power (which is all that matters). Ken already made this point, but I thought it was worth repeating. Hopefully the 30K was after taxes, otherwise you lost money.

 

[Nsxotic]

Originally posted by nsxtasy:


An item can go up in PRICE (what the economists call "nominal dollars"). If a candy bar cost 5 cents in 1962 and the same candy bar costs 30 cents today, it went up in price.

However, it doesn't go up in VALUE if it was a one-ounce chocolate bar in 1962 and it's a one-ounce chocolate bar today.

Exactly right! But if you actually bought that candy bar in 62 for 5 cents and that same one you bought can sell for 30 cents now, then it DID go up in value.

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Todd Arnold

http://www.geocities.com/nsxcessive/index.html

 

[steveny]

Sorry I started flames. BTW I would not eat that 30 year old candy bar.

What I was trying to get at is this: There is no telling if all NSX's will depreciate into heaps of junk parked behind someones garage with dreams of being fixed up someday. BUT if Honda starts to mass produce this car it will almost insure that the hand built examples will be worth more than they are worth today. I know this is a bad example but look at the price of an original colbra compaired to a kit. Maybe just maybe someday there will be so few aluminum NSX's left that people will be selling kits to assemble a NSX on a neon chasis. Anyway you slice it the NSX is a great value in todays dollars or furture dollars.

 

[Vytas]

Originally posted by NSX4U2:
Next NSX? CONVERSATION WITH A HONDA EXECUTIVE

I sat next to an American Honda executive on a plane last week, and got a chance to talk with him about some of the details concerning the futures of the NSX, S2000 and Integra. Here are the major points he mentioned:

I'm sorry but I don't believe the statement that started this thread. I've read at least three of these types of messages starting with "I sat next to an American Honda executive on a plane last week..." in the last year and all of them turned out to be bogus. To me, it's the same message altered with someone who "wants" the future NSX to be like.

No flames please. I'm just stating what I've observed.

Vytas



[This message has been edited by Vytas (edited 24 January 2002).]

 

[erobbins]

Originally posted by Nsxotic:
But if you actually bought that candy bar in 62 for 5 cents and that same one you bought can sell for 30 cents now, then it DID go up in value.

The real question here is if you bought a candy bar in 1962, would anyone want to buy it (and eat it) today?

EDR

 

[NSX4U2]

Well, in the end, the story turned out to be incorrect.

What I find impressive is the fact the first pictures posted of what was thought to be the new design is somewhat accurate.

I guess we will have to wait and see what Honda has in mind for the next car, assuming there is one. I think and hope like all of you here that there will be a new car design.

 

[H-carWizKid]

Tha fact is, like the recent NSX nose job, Honda will keep everyone, including Automotive Journalists, Enthusiasts, Dealers, and American Honda Executives in the dark until they are good and ready to let us know what is next. All we have is speculation, and sometimes that ends up being accurate.
The common thread in rumour is that there will be a true second generation car (meaning; total redesign).
This topic is a personal favorite of mine. Every month I devour the 5 Auto magazines I subscribe to (only counting Autoweek as 1, even though I get 4 a month) looking for traces of fact to support my own conclusions. You have to admit, a good mystery is fun.

In my search I have come to a single conclusion. I feel just awful for those poor Japanese Automotive Engineers assigned to the Next NSX project. How horrible would it be to be locked in an underground bunker for years of your life, only seeing the light of day for a brief hour at noon before being shepherded back into this captivity? How unfortunant that Honda has executed several talented Engineers who could not continue under the strain. All in the name of "Total Secrecy".
I know the preceeding story is true because the regional Honda rep for our district told a Salesman at our local dealership that he had discussed the Next NSX with a Japanese counterpart over several drinks at a karaoki bar while attending a Honda sponsored Alaskan "Fresh Sushi For Everyone" Gala event. The friendly Japanese Manager had spoken to a friend from school who works at Honda Head office, The Managers friend happens to have a brother-in-law who is the Janitor at Tochigi. Our inside man (The Janitor) has revealed that he has been noticing curious piles of cigarette butts just outside the only door to the "black building", the likes of which he has not seen for about 12 years...

The rest I just made up

Phil

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[This message has been edited by H-carWizKid (edited 26 January 2002).]

 

[Barn Man]

50 to 55k......BS. I thought you said steel no aluminum foil right. You can by an RL for around 42k. I think the NSX will be a little more than 50-55k.
Let's come down to earth and take a deep breath of reality.

 

[sjs]

Originally posted by steveny:
... BUT if Honda starts to mass produce this car it will almost insure that the hand built examples will be worth more than they are worth today.

Quite possibly, but more likely in the long-term rather than soon, like your examples. Most cars will have changed hands a few nore times by then.