The only car enthusiast magazine I subscribe to is AutoWeek. As such, I have always enjoyed the "Market" feature wherein Keith Martin analyzes a recent auction purchase/non-sale of a sports car. Maybe you have seen him and heard his comments on B-J Auction events and SPEED TV.
In the 1-28-08 edition of AutoWeek, Mr. Martin advised that it was his last "Market" column and expressed thanks. He provided an e-mail address by which to contact him if we subscribers had collector car questions. Well, I had a question(s) about the sports car we all love, and today I e-mailed him this:
"Long time reader of your “Market” / Autoweek contributions and will miss your insight there!
I have now owned a 2004 NSX-T 6 speed for almost three years (imola orange with orange int.).
I am interested in your “take” on this model.
Will it be a true “collectible”?
At what point, or timeline, would you think it may/could appreciate in value and/or demand?
I love the car (enough to buy a second!), and have no plans of selling it for a very long time.
Appreciate your time and input."
And signed it with my name, location, and telephone number.
Within an hour I received his reply. With his permission I share it with you all:
"thanks for your comments.
I think the NSX is a blue-blooded performance car, but not a very highly collectible one.
It has no real racing history, it doesn't have a super-exotic powerplant, and its styling is not striking to most.
I think they are pretty fully depreciated at this time, so if you keep it in good condition and don't put 50,000 more miles on it, the price will be about the same in a decade as it is today.
Which is a pretty good deal.
KM"
He offered to comp me a temp. subscription to his periodical, Sports Car Market (www.sportscarmarket.com), and of course I took him up on that! While we all want to have an NSX that remains in demand and appreciates in value, Mr. Martin's analysis of the NSX's hopeful steady market value is quite refreshing, no?
And, "I think the NSX is a blue-blooded performance car". Yep, have to agree there. :wink:
In the 1-28-08 edition of AutoWeek, Mr. Martin advised that it was his last "Market" column and expressed thanks. He provided an e-mail address by which to contact him if we subscribers had collector car questions. Well, I had a question(s) about the sports car we all love, and today I e-mailed him this:
"Long time reader of your “Market” / Autoweek contributions and will miss your insight there!
I have now owned a 2004 NSX-T 6 speed for almost three years (imola orange with orange int.).
I am interested in your “take” on this model.
Will it be a true “collectible”?
At what point, or timeline, would you think it may/could appreciate in value and/or demand?
I love the car (enough to buy a second!), and have no plans of selling it for a very long time.
Appreciate your time and input."
And signed it with my name, location, and telephone number.
Within an hour I received his reply. With his permission I share it with you all:
"thanks for your comments.
I think the NSX is a blue-blooded performance car, but not a very highly collectible one.
It has no real racing history, it doesn't have a super-exotic powerplant, and its styling is not striking to most.
I think they are pretty fully depreciated at this time, so if you keep it in good condition and don't put 50,000 more miles on it, the price will be about the same in a decade as it is today.
Which is a pretty good deal.
KM"
He offered to comp me a temp. subscription to his periodical, Sports Car Market (www.sportscarmarket.com), and of course I took him up on that! While we all want to have an NSX that remains in demand and appreciates in value, Mr. Martin's analysis of the NSX's hopeful steady market value is quite refreshing, no?
And, "I think the NSX is a blue-blooded performance car". Yep, have to agree there. :wink: