If its a 91 then it would be the 964 which although a nice air cooled car isn't as valuable as the 993's. Plus the 993's have that more modern rounded elegant look to them.
Cam
NSX pricing trends this past year
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If its a 91 then it would be the 964 which although a nice air cooled car isn't as valuable as the 993's. Plus the 993's have that more modern rounded elegant look to them.
Cam
Sounds like an early model 964 - and to be a C4 - no way would you want to trade your NSX for that....NO WAY! It has other issues if it's an early 964. No offense to your buddy - but thats the first AWD for mass production Porsche ever made - it's a clunker! The 993 AWD system was a vast improvement but the NSX is faster than the 993. I had one and I love the 993 - best of the air coolers - surely the fastest production car. There were of course some racing version air coolers that were faster.
They, Porsche, has gone waaaaaay past that now. Actually that would be the last model 911 I would ever buy. Don't really need AWD anyway. The newer ones say they're safer and that's Porsche's story too. You have to get the AWD if you get a new Targa - it's the only way they come.
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LOL Tim and his anti-Porsche crusade
IMHO there is a big difference between a market of collectors and a market of enthusiasts. The NSX seems to be the latter, and the enthusiasts always want to push their cars into collector status. I have no doubt the NSX will eventually be a collectors car, and value will go up noticably. I'm not so sure about the general pricing - early models seem to be holding or dropping slightly over the past couple of years. You're seeing some decent early NSX's in the upper to mid 20's now, where they were low 30's before. There has been a rash of late model (2004,2005) low mileage examples that are asking crazy prices - and they're not moving either. Early NA2's are still dropping too - they used to go consistently for 40K+, but they are dropping below the 40K mark.
I can see a couple things happening - demand increasing due to the price/performance/look factor of the NSX. They're dipping below 30K, and that's getting into the affordable bracket for a LOT more people. Also the people who grew up with NSX posters on their walls as teens are now in their 30's and are buying these cars. That can hold/push prices... but in the end, the NSX...at least the more expensive later years.... are starting to compete with cars like 2005-2006 Porsche 911S's price-wise (they are in the 40's and 50's now). Maintenance is likely significantly more than the NSX, but the cachet of Porsche to the broader market is likely greater than the NSX. Many many factors influence pricing, and they'll naturally ebb and flow.
Speaking of Porsche, the early 911 market really has caught on as a collector's market. I used to own a 73 911S, in nice shape, bought it about 12 years ago for about $18K. People actually told me I paid more than they would have for it - now the car would probably go for $40K+. Could KICK myself for selling it.
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A bit of a n00b here, trying to get into an NSX...
It seems like a lot of owners have an inflated expectation of their cars worth, but I've never seen it so apparent in NSX sales.
Take a look at the completed ebay listings for the past month.
There were 24 auctions. Of those, 14 had reserves that weren't met. The rest had buy it nows or best offer limits that weren't met.
If I'm looking at it correctly, only 3 of the 24 listings sold.
There are cars that stay listed in the nsxprime classifieds for years and years!
Your car is only worth what people are willing to pay... not what you expect it's value to be in fantasy land.
Basically.... Share the joy! I want one!
It seems like a lot of owners have an inflated expectation of their cars worth, but I've never seen it so apparent in NSX sales.
Take a look at the completed ebay listings for the past month.
There were 24 auctions. Of those, 14 had reserves that weren't met. The rest had buy it nows or best offer limits that weren't met.
If I'm looking at it correctly, only 3 of the 24 listings sold.
There are cars that stay listed in the nsxprime classifieds for years and years!
Your car is only worth what people are willing to pay... not what you expect it's value to be in fantasy land.
Basically.... Share the joy! I want one!
Exactly. And the price will stay that way until they find someone who will pay, and there's nothing wrong with that.
Most people who own NSXes are not in a bind to sell them. They can wait forever for the right person to come along, and the value will adjust accordingly.
Whether you buy a car you felt you overpayed on, or whether you bought a car you felt you stole, it will still remain an expensive car to maintain either way.
That's car sales in general. Do you think every car listing sells in one go? ~13% conversion rate is pretty solid actually. You can't realistically expect every ad to sell in one try do you? Not even 50% is possible.
The market is right where it needs to be. Have patience and if you are diligent you may find one that is for sale below the market but it wont last long. So be diligent and have the funds ready when you see it pop up.
With high end rare cars, people are willing to pay more to get those special limited production rare one of models. With the NSX and others these will usually be non-modified very low production color, stock cars. Once a car has been heavily modified it appeals to fewer people.
I was willing, at the time, to pay more because the car was 100% stock, bought it from the original owner and all the bills and maintenance history was with the car. Those had value beyond the car itself.
Good luck with your search. Be patient, and the right car for you will show up.
That's because the sub $20k cars are RATS and will cost at least $5,000 to even get running correctly, to say nothing of the cosmetic work usually needed. The average buyer doesn't know much about the NSX, so when he sees car A for $30,000 with full maintenence and stock/light mods and car B for $19,000 with no records, tons of crappy fake CF, 20" chrome rims and a shady history, he goes stright for the cheapie because someone told him they are Hondas and are bulletproof so he shouldn't care about maintenence. Of course these cars sell fast- they are cheap! That also means the $30,000 car will sit on ebay or Prime for months until the right buyer comes along.
Good luck. Hope you get an nsx in the short future. Life is too short to nickel and dime everything. Joy and passion cost monies, u know. Just ask Porsche or Ferrari or other exotics owners.
I'm looking to spend 25k for a 93-95.
Maybe that's possible. Only time will tell. But if it needs anything mechanically. I am indeed inclined with the tools and knowledge!! The reason I want one is to work on it/weekend/summer driver, I work full time as a Retail Manager. I never get to use my engineering background that I was surrounded with growing up. So this would be huge for me to come home to after a long day at work!
Maybe that's possible. Only time will tell. But if it needs anything mechanically. I am indeed inclined with the tools and knowledge!! The reason I want one is to work on it/weekend/summer driver, I work full time as a Retail Manager. I never get to use my engineering background that I was surrounded with growing up. So this would be huge for me to come home to after a long day at work!
That's actually fairly realistic. You'll find one, just be patient.
+1, the rats usually end up more expensive than well kept cars. Also, when someone gets an NSX they tend to change their tune since now they are on the other side of the situation. I thought the same thing before I bought mine, thinking the car was old and thus should cost less to buy because other cars that age cost less. Eventually, after following the market for a couple of years, I realized the prices were never going to come down because the car has enduring VALUE so I took the plunge. It is actually another quality you should like about the car, I take it as a trade-off to high parts prices and routine maintenance costs. I even put mine up for sale a year ago because I wanted to get an 02, thinking this was as low as they would really go for awhile. Personally, I think the opportunity to capitalize has passed and, as this thread noted --values are strong as the economy improves and consumer confidence returns. I had a really hard time finding an 02+ I liked, whereas a year ago there were more to choose from. To sum it up, I got tired of waiting to install my mods and I wasn't getting attractive offers for mine so I decided to forget it and enjoy the car I have. I found many buyers did not see a well kept car added real value to the asking price despite my cautioning them about it. Oh well, you can only warn people so many times before they will just have to live with the consequences. Still, I understand everyone wants to save money, but it's just a fine line to walk and it can really put you in a bad situation if you can't afford the maintenance. Many people are actually forced to sell their car bc of that issue --hence the many "rats" on the market. Also, I think part of being a noob is that you just don't "get it" yet. :wink:
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One thing I've noticed, from reading prior posts, is that early model NSX's are listing (and selling) for what they sold for 8 or so years ago.
I have my 95 automatic for sale (the car is in good mechanical and aesthetical condition). It's been on the market for 6 months. After researching current prices for autos, I originally listed mine on the high side to see what happens. I have gotten several inquiries, but no buyer. Over the months I incrementally dropped the price, now totaling $2,200 less than the original price ($28,000) and with each drop new interest, but the car has yet to sell.
Based on feedback from one of the most serious buyers (who ended up buying another automatic for color and lower mileage reasons) he stated that a $1,000 drop in price would help, but a significant sticking point for my car was that banks generally don't lend on cars with higher mileage (mine has 113,000) or over a certain number of years of age (generally over 10 years). This has been a problem for several of the buyers that showed interest in my car. So, it appears that my price is OK, but it will take a cash buyer, which reduces the buyer pool significantly.
In addition, I feared that there would not be much interest since my car is an auto, but I have been surprised that there are people out there that only want an auto. So, I do not think that the auto trans disadvantage is as great as people think. But, one still needs to price the car appropriately.
Lastly, I'm selling my car because I have been unemployed for a year, but fortunately I'm not in a fire sale situation. I think it is a matter of time, that the right buyer will come along.
PS: I paid $37,000 for my car in 2006 and the car had 62,000 miles on the clock.
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Only 911S Turbo (993) is he one I want in my collection.
I can attest to that. Back in 2003 I bought my first 92 for 32K. This past April I bought my 2nd 92 for guess what? $32,500. This one had low miles (47K) and a couple of parts I wanted, but still would have been around $30K or a little lower in stock form. I think those paying cash complain less about the price and jump on the right car for them quickly because they know how hard it is to find the right NSX. Those that finance, especially the older models complain more because rarely any financial institution is willing to finance a car older than 5-7 years.
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The first NSX I looked at was 7 years ago. It was a Red '93 with 38k miles for $33k. 2 years ago I bought my red '92 with 64k miles for $29k.
Yeah I plan on buying with cash so that's also why I'm a lot more picky and why it's taking longer for me to take the plunge.
I have seen plenty asking 30-35k with little to no maintenance done and close to 100k miles though. I usually don't bother giving those a second look.
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I'm trying to put as much down as possible (15k) but it all depends on what my chances of getting a loan looks like.
Ever since I took a ride in a friends Acura NSX I have wanted one myself. But with the prices I'm seeing this may be a pipe dream. The cheapest i have found is a 1991 Acura NSX Coupe~5-Speed for $27,000 with 84,000 miles on it and also found a 1993 for $34,000 with 43,000 miles.... Does this sound right to you guys?
