The Mythical $25k NSX.

[brahtw8]

I believe that the prices stay high with the 2002-2005 for the simple fact that there were so few built during those years.

I think you should do a bit more research into NSX production numbers.

The 2002-2005 production was not significantly different than the other years of NA2 production, 1997-2001. In fact, there were more NSXs sold in the US in 2002 and 2005 than there were in 2001, 1999, and 1998. Only 1997 and 2000 outsold 2002 and 2005, and even then by less than 100 cars.

http://www.nsxprime.com/wiki/Production_Numbers

 

[brahtw8]

So if nobody wants to sell their NSX for less than $25k then that's fine. I don't think that the demand for this car is going to increase like the old muscle cars from the 60's did.

The muscle car's from the 60's are different because they are totally from the cars of today. They were made of metal and were made with a different philosophy of a car having brute power and no finesse.

The NSX was like the car of the future. It was light weight, nimble, and had advanced technology... for 1990. It was considered a cheap super car. But now the NSX is no longer a cheap super car. Now it's an expensive average performing car.

I drove my 1993 for 30,000 miles over 2.5 years. When it was totalled, my insurance company paid me $600 less than what I bought it for (and I paid low $30s).

The NSX was a revolutionary car. It's performance even today is hardly average.

You should see what an NSX can do on a racetrack. Somehow I doubt that you have spent much time on a road course. If I am wrong, I apologize, but your comments indicate otherwise.

 

[Ski_Banker]

My arguement is concerning that of the thread and I guess that I'm the antagonist since I am not an owner. I'm not trying to troll on this site, however, I am giving my unbiased opinion about what I think about the value of the car.

I have talked to many of my friends about my next car and the possiblity of it being an NSX and while many liked the car, they all thought that it was slightly over priced in todays market place.

I believe that the prices stay high with the 2002-2005 for the simple fact that there were so few built during those years. Also, just as in the S2000 community, many of the owners of NSX's have already owned one before so the group kind of recycles it's self. And I believe that since the amount of newer cars is less than older models, it is causing a bottle neck effect.

If there were 3000 NSX's sold in the US every year from 2002-2005 I am sure that the prices of the car would significantly drop.

I am going to stand firm on my $45k limit with the NSX only because I believe that I can find one that doesn't have a shady history for that price. Also, this is what I belive that the car is worth... to me.

FWIW I think you are correct in your assessment of the market (ie, most NSXs are old, loyalists with $ upgrade to the very few new ones). That is, absolutely, why 2005s command such a premium to 2002s or 1997s. But when you think "clean" 2002s can be had for $45k, you aren't considering that the reason people pay up for a new NSX is that they want THE BEST. Not one with a salvage title, or lots of miles, or paintwork. That is why you see a long tail around 2002s, from ~$60k (for most of them) all the way down to $45k.

Not saying you can't get lucky, but given all that is involved in just FINDING a nice NSX, you may be waiting and traveling for years to find that deal. Plus, it's pretty rare for NSX owners to not know what they have and what it's worth -- they're a smart lot. :biggrin:

 

[Swift]

i should make you guys happy to know that i do not own an NSX and frequent this board often for latest updates etc and i remain as civil as possible. If someone handed me..$80k and said buy a car...It would be an NSX hands down. Not A Z06(though tempting), a GT3, M3, etc. NSX at the end of the day. Clean, elegant, and well some obvious performance mods.

So now i should go to the civic board and say how stupid a mugen Si is..lol

 

[mickeylex]

...I am giving my unbiased opinion...

I find that hard to believe. :wink:

Tell you what; get the Porsche or BMW and come back and post some pics. Many of us are fans of those cars as well and would love to see what you end up with.

 

[docjohn]

My arguement is concerning that of the thread and I guess that I'm the antagonist since I am not an owner. I'm not trying to troll on this site, however, I am giving my unbiased opinion about what I think about the value of the car.

I have talked to many of my friends about my next car and the possiblity of it being an NSX and while many liked the car, they all thought that it was slightly over priced in todays market place.

I believe that the prices stay high with the 2002-2005 for the simple fact that there were so few built during those years. Also, just as in the S2000 community, many of the owners of NSX's have already owned one before so the group kind of recycles it's self. And I believe that since the amount of newer cars is less than older models, it is causing a bottle neck effect.

If there were 3000 NSX's sold in the US every year from 2002-2005 I am sure that the prices of the car would significantly drop.

I am going to stand firm on my $45k limit with the NSX only because I believe that I can find one that doesn't have a shady history for that price. Also, this is what I belive that the car is worth... to me.

If Honda would have sold the NSX for $50,000 back in 2005 they would have sold droves of cars. But since the car cost almost $90k, most people just looked and laughed at the price. The car was over priced then and it's over priced now. I know that it was hand made. Heck the S2000 is partially hand made.

But people aren't going to give their cars away when they feel like it's worth more. I had a really nice 2004 S2000 with over $12,000 in performance mods. I was trying to sell it and I refused to drop the price under $22,900 for the simple fact that I felt like it was worth at least that much. I could have given it away for $15k but it was just the priniciple. I had it stuck in my head what the car was worth and I wouldn't budge.

So if nobody wants to sell their NSX for less than $25k then that's fine. I don't think that the demand for this car is going to increase like the old muscle cars from the 60's did.

The muscle car's from the 60's are different because they are totally from the cars of today. They were made of metal and were made with a different philosophy of a car having brute power and no finesse.

The NSX was like the car of the future. It was light weight, nimble, and had advanced technology... for 1990. It was considered a cheap super car. But now the NSX is no longer a cheap super car. Now it's an expensive average performing car.

Ok so it boils down to,,the potential buyers pool wants the car cheaper:redface: and the sellers pool is asking too much:wink: Well thats called the free market:biggrin: It is what it is.If the buyers pool can hold thier collective breath and will the price down ,so be it.

 

[EndLeSS]

snip.

I don't think you should purchase an NSX.
I from what you're stating here, I strongly feel that you will not be happy with it, if you get one.

On top of it, I don't think you'll be happy with the wait/relative difficulty to find what you want for your price range, and that there is a chance that you will be more and more frustrated and get angry.

 

[rimsemp]

I am going to stand firm on my $45k limit with the NSX only because I believe that I can find one that doesn't have a shady history for that price. Also, this is what I belive that the car is worth... to me.

C'mon prime members. We all know he will get a great condition 2002 for that $45000 price that he stands firm. We will see him post in the New/Prospective Owners category in about a decade from now or more that he just got one for that price. :wink:

 

[Patricio]

Don't hold your breath for prices to come down they have not budged in 7 years.
Take advantage of the crappy economy right now its the only reason theres more on the market than usual.

 

[91 X]

My arguement is concerning that of the thread blah,blah,blah, blah, troll on this site, however, I am giving my unbiased blah,blah,blah...

I have talked to many of my friends about my next car and the possiblity of it being an NSX and while many liked the car, they all thought that it was slightly over priced in todays market place.

I believe that the prices stay high with the 2002-2005 for the simple fact that there were so few built during those years. Also, just as in the S2000 community, many of the owners of NSX's have already owned one before so the group kind of recycles it's self. And I believe that since the amount of newer cars is less than older models, it is causing a bottle neck effect.

If there were 3000 NSX's sold in the US every year from 2002-2005 I am sure that the prices of the car would significantly drop.

I am going to stand firm on my $45k limit with the NSX only because I believe that I can find one that doesn't have a shady history for that price. Also, this is what I belive that the car is worth... to me.

If Honda would have sold the NSX for $50,000 back in 2005 they would have sold droves of cars. YOU THINK??? Genius!!!

The NSX was like the car of the future. It was light weight, nimble, and had advanced technology... for 1990. It was considered a cheap super car. But now the NSX is no longer a cheap super car. Now it's an expensive average performing car.

wow...what a tool....knock a car that you are willing to spend $45K on???

good luck with that salvage 02 buddy...


some people...

 

[Mirroredshades]

Nasti, your biggest problem is that you have never driven an NSX before. If you had, you wouldn't be in here running your mouth. Therefore, your opinion doesn't mean dick. Post up your location and I'm sure a member would be glad to educate you.

Another reason why the NSX rarely goes below $30 is because there is only one car below $35 that can touch it. A C5Z is the only car faster ON THE STREET in that price range. There are lots of cars that post good numbers IN MAGAZINES that get there asses whipped on the street by a bone stock 91 NSX. I've educated quite a few myself.

 

[MCM]

"Nasti, your biggest problem is that you have never driven an NSX before."

Holly NSXNICK backlash Batman!

I wondered what all the attention would bring..........


Now I know..............

 

[95ttht]

II believe that it is a great car, or I wouldn't be looking to purchase one. However, I believe that sometimes that the car is a little over valued.

You sound like every prospective NSX owner before their purchase, myself included.

They seem like they are selling for "too much for what it is". Who pays $25K+ for a 17 year old car? A V6? Too slow, not modern enough styling. Geez, I could buy a new 350Z/S2000 for that price, with warranty!

And then you get to see the NSX in person. And drive one. And then you REALLY want to have one for yourself because it's in a class way above those other cars you were looking at. Owners treat them like collectables, so you see a 91 car that looks like it's almost brand new. I mean, nearly flawless.

And then you finally bite the bullet and buy one at the best price/value you can find. And suddenly, you are an owner. It seems like the bargain of the century! The more you enjoy your ultra-reliable, unique, head-turning exotic sports car the more your perspective changes. And then you'll find yourself siding with the owners on this site who say they wouldn't sell it for what they paid for it. Hence the prices stay stable.

I work in the automotive world, so I've had the good fortune to own (or experience at length) pretty much every Japanese sports car made in the 90s and early 2000s. Big single MKIV Supra, FD RX-7, R32 Nissan Skyline GT-R, 300ZX TT, Mercedes SL500, 350Z, WRX, etc, etc. In my not so humble opinion, value for the dollar with maintenance costs included, the NSX takes the cake. I can't think of another car I'd rather daily drive.

 

[navyflydoc]

Why would one sell his/her NSX for $25k unless the car is abused or driven excessively above 100k miles. I believe $30,000 is now the base for most early NSXs and it will appreciate from now on since Honda ceased production. The Audi R8 will enhance and validate the greatness of the NSX. I've noticed recently that every time car magazines review the R8, they always mention the NSX as the benchmark comparison vehicle not the Ferrari 348 which was a competitor to the NSX back in 1991. The NSX was way ahead of its time. Sure, you can buy a brand new EVO for $35K or BMW 335i for $45k which are faster than a '91 NSX. But seventeen years from now, I bet the NSX will still be written in magazines as the first and original everyday supercar.

 

[MCM]

"I believe $30,000 is now the base for most early NSXs and it will appreciate from now on since Honda ceased production."

Late 2004 I heard a rumor the NSX was no longer going to be produced (months before it was officially announced) After that the hunt was on!
Bought mine in May 05 after looking at 12 examples.
I was worried the price of coupes would shoot up, as I was shocked they had depreciated to well under 1/2.
Still not as reasonable as some might like it seems, but to me the best kept secret/bargain in performance cars period. Its also strange prices have been more or less flat for 6-7+ yrs. I am certain the coupes will appreciate, just cant say when. I also found it to be a very difficult car to buy.
Mainly due to so few built (after 91 at least) and many now with unknown history, body work etc. Here is a reminder why you do not see 'em on the road every day.

[/IMG]

 

[MCM]

http://www.nsxprime.com/wiki/Pricing

(newbies, open link & scroll down)

91-93 in "D" cond is not a myth.

 

[nsxsupra]

MCM, nice informative post,

Here is a breakdown in numbers by color. Assuming there are no retired NSXes. There are still only so many to go around.

This is why it usually takes quite a bit of time to find the right color combination for the buyer. Then there are other factors such as interior color, auto/manual, coupe/targa, etc. People are intellegent, those who spent time to search, looked at multiple cars, usually did their homework and end up with what they wanted.

USSpec NSX production#s 1991~2005 (sorry, missing a few colors)
Imola Orange=49
Midnight Peral=87
Long Beach Blue Pearl=88
Kaizer Silver=148
Brookland Green=260
Silverstone Metallic=449
Sebring Silver=467
GrandPrix White/GrandPrix White=486
Berlina Black=2790
Formula Red=3577

 

[MCM]

http://www.nsxprime.com/wiki/Production_Numbers

More good info from this site.



nsxsupra, was that you in the White coupe Sat? (Nice car)
I said hello, but I dont think it registered..... LOL LOL

 

[usafdarkhorse]

"
Entry level my a**.......
Holier than thou $60k OEM car comon buddy... I got monthly bills that high. Sh*t I've gone 6 months losing that much per month.
So people who buy $25k NSX than spend $40k wide body turbo them are because its "entry" level for people that want to play the game? If a 91 was 50k that still would not stop half of them.

I am the video game generation and also probably the youngest on here. I don't know any one my age that can afford the NSX yet. Give it another 4-5 years. Many will follow.

You cant tell me what my generation wants.
I'm 26 and I'll school you on just as many things as you can school me on. I may have been around the block as many times as 40 year olds on here and employ 33 "mature" people right now. Self made and no "family business" nor rich parents."



Actually I'll take that crown for being 20 years old and wanting an entry level 91-94 NSX for around 27-28k. :tongue:

Heck...I'm your generation and I want an OEM early NSX! Although those darn NA1 prices are high!

Quote thing didn't want to work. haha.

 

[MCM]

No worries, you had just pulled in and got out of your car.
I had the E30 Sat. and did not park in the main lot.
(Met a prev NSX owner and bought his stock exhaust. For the record, Stock NSX exhaust fits in the E30 M3's trunk, but not his 2005
M3's trunk):smile:

 

[nsxsupra]

nsxsupra, was that you in the White coupe Sat? (Nice car)
I said hello, but I dont think it registered..... LOL LOL

There were 2 white coupes there on Saturday.

I am very sorry, if it were me I must have not heard it:frown:. That is out of my character:redface: Did you had chrome oem wheels?

Next time you see me please by all mean let me know if I don't spot you first:smile:

 

[rhayward]

so should i run away from 100k to 150k milage nsx's

are they gunna blow up or something....

i have a biz and want a nice car for display

and it seams that most pre 1995 nsx are up their in milage

but shouldnt the honda quality run past 200k milage

 

[MCM]

Yes, they all blow up at 100k.

No, just kidding.
Some of the nicest examples I have ever seen have over 100k.
Many going over the 200 mark problem free these days. Some 300k

Some have been rebuilt, but mainly due to forced induction (and the hard driving that comes with it) Lack of Maint, Poor driving practices, or Just bad luck.........

Just my 2..........

 

[nastinupe1]

Nasti, your biggest problem is that you have never driven an NSX before. If you had, you wouldn't be in here running your mouth. Therefore, your opinion doesn't mean dick. Post up your location and I'm sure a member would be glad to educate you.

Another reason why the NSX rarely goes below $30 is because there is only one car below $35 that can touch it. A C5Z is the only car faster ON THE STREET in that price range. There are lots of cars that post good numbers IN MAGAZINES that get there asses whipped on the street by a bone stock 91 NSX. I've educated quite a few myself.

Sorry guys, I haven't had a chance to jump on the forum in a couple of days. So I guess I need to get some things straight.

1) I have driven TWO NSX's in my life. A 1995 (In 2003) and a 2002 (This year). The 1995 was "ok" and the 2002 accelerated and handled about as well as my 2004 S2000 that's SC'ed. I was very disappointed with the 1995 NSX, I don't know, maybe it was just me expecting to drive a car with more power. I just didn't feel like I was driving a "supercar". It felt more like driving a 996 911. The 2002 was more impressive. It looked better, handled better, accelerated better, and gave me a much more memorable experience. Enough so that I have considered purchasing one.

I am going to stick with my price of $45k. I mean, with Nissan coming out with a $70k car with 480 hp and AWD that competes against a 911 Turbo, I believe that the price of performace has really dropped.

$45k for a 3 year old car with the NSX's specs in today's performace market is a fair price IMHO.

I think that a lot of people are riding on the name "NSX" to validate the price of the NSX being so high.

I remember that over priced Subaru sports car that came out back in the early 90's. I can't even remember the name of it, but I am sure that if that car had a forum (which I'm sure that it does) the owners over there are probably trying to convince themselves that their car is still worth $25,000 because it was such a great car back in 1992. But they are also probably over looking the fact that the 2008 WRX Sti can probably out perform it for 1/3 of the price.

Maybe if the NSX was built by Porsche or Mercedes or Lotus or Jaguar I could understand why people believe that the car would hold it's value. But it's just a Honda. I feel the same about my S2000. It's a great car, but it's still a Honda. It's not going to have the prestige like a Porsche does. That's just the way it is.

 

[nastinupe1]

wow...what a tool....knock a car that you are willing to spend $45K on???

good luck with that salvage 02 buddy...


some people...

I'm not knocking the car. I'm just saying that I don't think that it's worth over $45k in today's market.

I don't think that a lot of cars are worth that much in today's market.

I wouldn't buy a Ferrari 355 for $75,000, but hey... that's what people are asking for them

I wouldn't buy a Testarossa for $100,000, but that's what people are asking.

I wouldn't buy some 1960's hotrod for $200,000.

It's not just the NSX, there are a lot of cars that I believe are over priced and over valued.

Heck, I think that people asking $30k for a 1990 Viper are out of their minds as well.