What are you guys thoughts on where values are headed? Continued steady increase? Just when I think they can't go up more, they jump a significant amount. Mine is higher mileage, but it's still worth 3x the amount I paid for it 10 years ago.
Up, up, up.
I think the only potential downward pressure factors will be the increasingly limited supply of gasoline, regulatory risk with respect to ICE vehicles/emissions and younger generations' (millennials and younger) being unable to operate a manual transmission.
Otherwise- it's a legendary car with relatively limited supply and the generation that lusted after it (GenX like me) are moving into their peak earnings. Look what that did for the boomers and the 60's muscle cars. A numbers-matching 1970 Hemi Cuda was like a $500,000 car at one point.
If anything the stock NSX peaked by now.
If I had zero manners, I would say that is the dumbest take I’ve seen in a while.
But since I do, I’ll just say that I disagree with that.
When I look at the actual sales data on BaT etc., it seems to me that the trend shows that mint, stock, low mile cars will continue to appreciate.
Really? Ok. I mean, you're right- what do I know about NSXs? Thanks for setting me straight.This is the dumbest take I've seen in a while.
The RHD import market is less than 1% of current U.S. Gen1 NSX transactions. It's in the statistical noise and has no effect on how much people are willing to pay for a LHD NSX, of which there are thousands in this country.They're going up because people can't import them for cheap from Japan and they're going up
If anything the stock NSX peaked by now./
'le kids can't shift' Kids aren't buying these. And they can shift. Have you not seen how high 996 prices are going for? Car doesn't even matter any more. If it has a six speed, it's selling.
If I had zero manners, I would say that is the dumbest take I’ve seen in a while.
But since I do, I’ll just say that I disagree with that.
When I look at the actual sales data on BaT etc., it seems to me that the trend shows that mint, stock, low mile cars will continue to appreciate.
restomods are the biggest surprise to me in the last 5 years of watching the auctions....
Looking at these prices make sure your insurance is up to date. I just bumped mine up and lowered my cost at the same time.
Not to stray too much off topic but I do have an agreed value insurance at $100k on my 95 NSX with 21k miles. The premium is surprisingly high for me (never ever been in an accident…knock on wood, late 40s.) at $1500 a year. Or is that normal for the amount covered?
That’s more then double what I’m paying for $70k in NY. I got a “contract to sign” with my old insurance that said the car was only insured if I was driving it so I dumped them. My Superlite is insured for $100k for $985 a year. I can also lower my premiums during the winter months. I have accident history, no fault but still I have hit a deer every few years with my daily. I live in the Apple capital and drive at night to and from work.
I don’t drive my NSX at night and park it just before hunting season when the yard Burgers start moving around a lot.
Not to stray too much off topic but I do have an agreed value insurance at $100k on my 95 NSX with 21k miles. The premium is surprisingly high for me (never ever been in an accident…knock on wood, late 40s.) at $1500 a year. Or is that normal for the amount covered?
My 03 with 45K miles is also insured at an agreed value of $100k with a $1600 premium, I'm 37, no accidents. So it seems right, unless we're both paying too much. That's with American Collectors, though I did get quotes from Hagerty and Grundy as well, and they were all roughly the same coverage, premium, and limitations. Though it's tough to compare rates with each other when none of us are sharing the itemized details of our policies. Not saying we need to, just something to consider.
UPDATE AS OF 11/28/18: Please refer to the live-updated "NSX Valuation Document" (https://docs.google.com/spreadsheet...giPanuhIfiHDIcsmwfqBxOUZJb_-WUwbcHb7L/pubhtml) for all market insight including value, appreciation, and listing prices.
Just upped the insurance coverage on mine two days ago. Ins guy said Hagerty rep wants documentation of the value. Sent him the Hagerty FMV page lol.
Same here. My company is giving me 6 figures for my Imola restomod. I spoke to one of their head underwriters and pointed her to the NSX valuation tool and BaT. No questions asked after that.
I certainly dont have a crystal ball but I think inflation has to be a factor in the value. As the dollar gets weaker, prices of everything increase.....including used cars. As for the NSX, I cant think of a better car to keep for the long haul. Even if the value stabilizes or drops, you can still drive it!!