I was just thinking about this on the Gen 2 side. FB Market place has these ranging from about $100k to just over $200k for sub-10k miles. Obviously I'll need to learn more about the trim differences, but this is a wild swing in prices for somewhat "new" cars with very low mileage.
Hi
Great stuff, really illuminating. Interested to note that modifications have no apparent effect on value, do you have a gut feel about that? could it be valued mods are counterbalanced by mods that detract
in Graph set 3 you have a column graph 'Count of NSX Type'. What are the columns?, both are labelled as Count, I'm guessing its last year and all years but this is a guess.
Thanks everyone!
Check this thread for the Gen2 version of my analysis, it is tracking depreciation and updated every time one is sold.
[]http://www.nsxprime.com/forum/showthread.php/209529-Gen2-NSX-Current-Market-Analysis[/]
Thanks!
I had no idea what results would emerge when I first created the modification levels, but here is my interpretation of the key results:
I always summarize mods by saying that modification decrease the potential audience of an NSX, they don't necessarily decrease value.
- There is no significant difference between Level 1 and Level 2, therefore the market treats few simple mods (custom wheels, exhaust) the same as 100% stock.
- On the other end, full custom builds of level 5 appear to command much more than a stock NSX (limited data). These NSXs are labors of love and more like individual pieces of art than the nominal stock NSX.
- However, light to heavy mods have a higher standard deviation than close to stock. Therefore, there is a higher variability in the strength of the sale price for light to heavy mods. This supports your point of "valued mods are counterbalanced by mods that detract".
- Level 3 (Light Mods) appears to be hurt the most by mods. These NSXs don't command the "piece of art" premium of a full custom build, but aren't sought after by collectors either. This results in weaker sale prices.
That graph shows the count of Automatic (A = blue) and Manual (M = Red) NSXs of each type in the database. It is meant to be a visualization of relative commonality. I hope that clears it up; thanks for asking.
Crazy seeing how long some of these cars sit on here for sale.....are you really trying to sell a car if it's been up for sale for over three months? Some have been on here for over a year.
I notice the ones that actually sale on here are priced right...the ones that sit on here for months are not. It's that simple
If you sold your NSX in under a week, you almost definitely sold it for too little. The NSX is not the kind of car that moves quickly, no pun intended.
The market will continue to soften as more and more Japanese cars from the 90s are legal to import. Most of them tend to be very low mileage too. Why would anyone want a bone stock 91 NSX when they can get an R33 GTR with the same mileage for half the price?
Because some of us actually drive our cars, and the NSX is not worth 100k compared to what that money can buy in today's market.Why?
There are plenty of cool looking cars. I was looking at an Accord Aerodeck last night. Just because it looks cool doesn't mean people will want it.Because the NSX will look just as awesome in 20 years as it does after 30 years. The Datsun not so much. Nice having the steering wheel on the proper side too. Also, if Nissan doesn't get it's act together, good luck getting parts going forward.
Trying to justify 100k for a Honda that was designed in the 80s is a 'bad take'.