Vance,
You know I am not afraid of speak my true honest opinion. This is a good opportunity to discuss this topic in detail.
-I understand your point of view from some aspects. I agree about 50%. My point is condition, your point are too generalized, seems like you forget to put condition into consideration.
-Sport car market is different than used car maket. NSX is not a Civic. Different buyer will have different criteria. A well kept car always demand premium, not just NSX.
-Condition is more important than age. I never owned a used car or beater prior to my NSX, beater Supra and S2K didn't came until after I had NSX, never need a beater before. Compare to other new cars I owned, the old 92 NSX is as new both mechanically, exterior, interior as anything else I owned. In fact even compare your NSX to Erick's the condition is same. They are 10 years apart, but Erick actually might have slight edge as far as condtiion. Don't you agree?
-Yes, no matter how clean, early model will never worth anywhere near as much as 02~05 in general, assuming the 02~05 is not too beat.
Do any of you think that one day we'll see a 2005 car priced same as a 91?
Never, unless it is badly damaged.
Considering the fact that the ratio is 1:3 (91-94
ost 95).
That ratio is only tell partial story, while you are at it, add the ratio of different colors to red or black (btw I do really love black). You be shocked. I would say this if a buyer is in the market for a clean early NSX that is in any other color outside of red, black, green. I will have to said may god be with them. If you been through the same process, you will understand.
I believe there will be a time when the 91-94 cars drop to KBB pricing, because the newer cars are continue dropping in price. There is no way 10 years from now a 91 NSX will demand $30k and the 02-05 stay around $50k.
Some already did, there are plenty of poor condition ones I wouldn't even pay $18k. condition, condition, and condition. We been to a lot of meets, we seem them all, lots of well taken care ones, and lots of beat up ones.
If an 02~05 sell for $50k, the similar condition and shape 91~94 should sell for $30k. Reason is simple, $20k is big chunk to some for a virtually same exact car. If a clean one is only worth $20k, then in that case a 02~05 should only worth $40k at most. Neither will ever happen. Other than exterior, really the performance difference is not dramatic anyway you look at it, seat of pants might tell you differently because of short gearing, the other changes are minor. There are 2 02+ NSX owners who can vouch for me stock NA1 nsx with just exhaust vs 02 with exhaust(Hoa and Chris).
The only reason I can see why the earlier NSX can demand that kind of price is due to the fact that we have lots of entry level buyers - Why drive a new S2k/Civic Si/Accord Cp when you can get a NSX?
That is the major reason, but not the only reason. You might think early nsx owners are low, but I can assure you. If for any unknown reason that I have to find a replacement. I actually have always been thinking of back up. Hac, Mike, Tom. Who else? If Dan/NA1/NA2-R'S NSX is availabe, you and Serialnsxer's NSX is also available at same price. I would take Dan's without even blink. Why because it meets my criteria.
Also, how much does "mods" worth? RyanITV wanted 100k for his Type R converted NSX, and he got 75k for it. And his car worth 100k for what he did to it - Full typ R coversion with mostly actual JDM parts AND CTSC.
That depends, timing + right buyer. I personally think $75k is exactly what his NSX is worth. He could had sold the mods individually and get most of the money back. Most of his bloated price is from labor. Other than NSX-R suspension, CTSC, I don't find any of his mods desirable. Given same car even with CTSC I would still rather have Dan's NSX.
Take Dan for example, paid $50k+ for his NA1 with R conversion. I think he got unbelievable steal. If I do get unlucky someday. I will go straight to him and offer him quite a bit more than what he paid.
. I have been in the car biz before and I have seen the trend.
That doesn't say much, not what i have seen.
Correct me if I am wrong, I remember in your own words car salesman are losers and stupid. I can actually honestly tell you that a lot of car saleman don't know shit about cars they sell. In many cases we actually tell them a lot about cars they have on the lot than what they know.
Let me give you a final example, you told me "Jason, why didn't you bought a sport model Rolex. Why, because I bought what I wanted, I started a thread with 3 models and I stick to my gun got what I wanted. Explorer II, GMT master II are whopping $250 more new. Like new used ones are $1000 less. So you figure. People buy what they want, not what people think they should buy. Logical or not, I almost never lose money on things I bought.