Help! What is the current fair market price for an ultra clean '95?

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25 March 2010
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Hi there. I have longed to join the ranks here and may have found the ideal car but I want a fair deal. The reality is that I would prefer a slightly higher mileaged car since my purchase will definitely be a semi garage queen since I don't drive to work. Be as it may, I found an ultra nice 1995 car that has been pampered by its original owner and hardly driven (well under 25k miles). It is black and is absolutely beautiful. I would have it checked out by my personal mechanic as well as the local nsx pro shop but I am not as concerned about the condition as I am about what I should be willing to pay for this. KBB is coming in about $40-45k which seems high for a 16 year old car but the car is darn nice. Owner wants essentially KBB price. I suppose some of you would say to jump on this (if as described) but as a weekend driver it is hard to justify spending that much. The reality is that the owner is in no hurry to sell and quite frankly can wait. What works in my favor is that the owner has been trying to sell this for awhile now but obviously has had no luck as there aren't too many folks with an extra $50k to throw on a specialty car. I would be able to pay cash which would make it nice and tidy for him. What to do and offer?

Thanks for the advice in advance and I hope to be here as an owner sooner than later!!!
 
Hi there. I have longed to join the ranks here and may have found the ideal car but I want a fair deal. The reality is that I would prefer a slightly higher mileaged car since my purchase will definitely be a semi garage queen since I don't drive to work. Be as it may, I found an ultra nice 1995 car that has been pampered by its original owner and hardly driven (well under 25k miles). It is black and is absolutely beautiful. I would have it checked out by my personal mechanic as well as the local nsx pro shop but I am not as concerned about the condition as I am about what I should be willing to pay for this. KBB is coming in about $40-45k which seems high for a 16 year old car but the car is darn nice. Owner wants essentially KBB price. I suppose some of you would say to jump on this (if as described) but as a weekend driver it is hard to justify spending that much. The reality is that the owner is in no hurry to sell and quite frankly can wait. What works in my favor is that the owner has been trying to sell this for awhile now but obviously has had no luck as there aren't too many folks with an extra $50k to throw on a specialty car. I would be able to pay cash which would make it nice and tidy for him. What to do and offer?

Thanks for the advice in advance and I hope to be here as an owner sooner than later!!!
What mods (if any), service records, prior accidents? All of these significantly impact the value of said car. Where are you located? There are a number of "qualified" Prime members who might be able to assist you, and might even know the car that you're looking at.
 
Hi there! The car is bone stock. I am in the Bay Area and am really reluctant to say any more about the car/owner since I do not want someone to jump on this before I do. I purchased my home this way by keeping it very hush hush and went with my gut and advice from my contractor and I made out like a bandit. The car has not been in any accidents. The owner has deep pockets and has access to a good mechanic so I am reasonably assured that the car has been well taken care of. I wouldn't buy it without having my personal mechanic or requiring that this car be sent over to a nsx specialist shop for the look over anyway. My understanding is that there is one in Daly City(?). I would suppose a car that has not been driven much could very well have some issues as a result and we will be looking for those.

I thought more about it last night with my wife and I think a "fair" price or offer would be $35k cash. Not that the owner may care, but the car would be going to someone who would really take good care of her. The car will remain bone stock and will not be tracked.

Would you say that KBB is fairly accurate with respect to this kind of car or is it really not relevant here? Let's be honest, with the economy the way it is an offer of $35k cash would be attractive I think. There is a lot of silicon valley money out there that I am surprised that no one has bought it for asking price. Or again, it may be because it is not heavily advertised.

I am really sorry that I can't say more, but that is why this is somewhat difficult to assess. The low mileage is legit as I know the car has not been driven much over the years.

I appreciate the advice.
 
$35K seems a little low with that kind of mileage...but it depends on how bad he wants to sell. Sounds like he isn't in a hurry so you are probably going to have to get closer to $40k. I am thinking $39K is a fair price.
 
A quick search of cragislist SF shows 2 other 95 and 96 NSX's for sale with about 76K miles on them. Both are listed for $33K so the range for an ultra low mile 95 that might need some maintenance is likely $35K to $39K depending on how motivated the seller is. Start at $35K and work your way up if he won't go for the initial offer.
 
if the owner has deep pocket and the car is as nice like you said and he is not in a hurry to sell, I don't think he cares about this economy. The bad economy doesn't affect everybody and looks like it doesn't affect you or him.

If you really want the car, my guess is I don't think he would let it go for at least $40k.
 
Yep, 39k sounds fair. If someone offered me 49k for my 04 i wouldnt even respond back to them lol. I think there low prices and low ballers that i wont even want to deal with. If a 95 w/73k miles is going for 33k, paying 35k for only 25k miles seems way low imo. Thats great millage for 95, just pay him 39k and post in new owner section.
 
Just to chime in here... Don Lam is your man at Hill Top Auto in Daly City.
 
Unless you're interested in a fixer-upper then a quality car in truly excellent condition justifies a premium price because it cost the owner more to keep it in that shape.

THis car should have had, based on time, two TB/WP replacements by now. If that and everything else in the Acura maintenance table has been religiously maintained and is documented to be up to date then I'd say $40K is a very fair price.

As in all things, you get what you pay for.
 
this is basically what i bought 3 years ago-a very clean stock 95 w/30k miles on it.it didn't have full service records,but had had one tb/wp replacement in 1/04 (i did another based on time in fall 2010),and was obviously well cared for.i bought it from the second owner who was a responsible guy,the first owner was an acura dealer who had it as his personal car,so he did the maintenance.the only unpleasant surprise was that it needed a clutch about 6 months after i got it.i don't think it was driven hard,more likely the clutch was just slipped a lot.

i would say $37k to $40k is a fair price range,there are less and less clean low mileage stock nsx's out there.
 
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if the owner has deep pocket and the car is as nice like you said and he is not in a hurry to sell, I don't think he cares about this economy. The bad economy doesn't affect everybody and looks like it doesn't affect you or him.

If you really want the car, my guess is I don't think he would let it go for at least $40k.

Exactly! The OP said it originally....the guy has had it for sale for a while. I am sure others have come and tried to lowball him, and he still has the car. Speaking as someone who just sold two cars, and had to deal with all of the schmucks coming out of the woodwork with lowball offers and saying 'cash' (like it makes a big deal...cash or loan check, the money is the same), I can tell you that there were plenty of people I did not even reply to because their offers were quite honestly offensive. If you came to me and offered me $10k less than I was asking for a car like the one described, I would either ignore you completely, or tell you do go pi$$ up a flagpole. I understand getting a deal, but you have to show respect too.
 
Yep, 39k sounds fair. If someone offered me 49k for my 04 i wouldnt even respond back to them lol. I think there low prices and low ballers that i wont even want to deal with. If a 95 w/73k miles is going for 33k, paying 35k for only 25k miles seems way low imo. Thats great millage for 95, just pay him 39k and post in new owner section.

In 08 I remember many 02-04's on Prime with 30k miles for 44k-48k. Wish I had bought one...
 
Exactly! The OP said it originally....the guy has had it for sale for a while. I am sure others have come and tried to lowball him, and he still has the car. Speaking as someone who just sold two cars, and had to deal with all of the schmucks coming out of the woodwork with lowball offers and saying 'cash' (like it makes a big deal...cash or loan check, the money is the same), I can tell you that there were plenty of people I did not even reply to because their offers were quite honestly offensive. If you came to me and offered me $10k less than I was asking for a car like the one described, I would either ignore you completely, or tell you do go pi$$ up a flagpole. I understand getting a deal, but you have to show respect too.

Yup, I'm selling my car and people who low ball me think they are doing me a favor because they are a "cash buyer". A cash buyer or someone who needs to get a loan is one and the same as far as I am concerned. Either way, I will get my money. Note, since my car has over 100k miles and is 16 years old, as far as I know all potential buyers are cash buyers due to the difficulty of getting a loan for to purchase my car. Don't make too low of an offer in that it may be too offensive, and the seller may not deal with you period! Particularly a seller who does not have to sell.
 
This is kind of a funny thread isn't it....I mean c'mon - we know nothing of the maintenance history except that this OP has said it's been maintained - oh boy - we have to assume he knows what that really means. The car also has way less than 25k miles - that doesn't tell us much now does it? NO - rhetorical question - right. Ok so it's less than 25k miles in awesome shape with all the maintenance up - let's just say it is - then an offer of 35k may not totally piss him off but it's not far from doing that. If it is what he suggests and he's right about the maintenance then it's probably worth close to 40k!

I've gotten low ball offers for mine - it makes me wonder a bit if I have it price correctly -but then I snap out of it - like Coz told me the other day. If you will take 5k less than it's worth then I have a list of cars I want you to buy, fix em up, and then sell to me for what you paid for it. Sound like a good deal? Well anyone doing that is just not thinking or is desperate. Economy or no - folks buying cars have bucks - if they didn't they wouldn't be buying at all! :rolleyes:
 
To the OP, don't be so cheap! I like a good/fair deal like anyone else. This NSX owner know what he has and like you say does not have to sell and is not desperate. NSX are rare to begin with and a super clean one and low miles is even rarer. Even if it needed TB/WP service I think he will get his asking price eventually. Clean low mileage cars like this do not come up often and you will regret not buying it later because you were not willing to spend a few thousand more. Just saying.
 
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