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Quite simply, the "book values" listed with sources such as Kelly and Edmunds are just plain wrong. They use depreciation formulas which tend to be valid for mass-market cars like Accords and Civics, but are woefully inaccurate for limited-volume cars like the ITR and NSX. The values shown on their websites have nothing to do with the actual market value for an ITR or NSX.Incidentally, ITRs with 30-50K miles tend to sell for $17-18K if they're in excellent condition, not $20K and up.
Quite simply, the "book values" listed with sources such as Kelly and Edmunds are just plain wrong. They use depreciation formulas which tend to be valid for mass-market cars like Accords and Civics, but are woefully inaccurate for limited-volume cars like the ITR and NSX. The values shown on their websites have nothing to do with the actual market value for an ITR or NSX.
Incidentally, ITRs with 30-50K miles tend to sell for $17-18K if they're in excellent condition, not $20K and up.
