The only production cars that have not lose in Value in the last twenty years are the following models:
Porsche 959
Ferrari F40/50
Mclaren F1
Everything else... nil
Porsche 959
Ferrari F40/50
Mclaren F1
Everything else... nil
JD Cross said:Chumch
Of course Ferrari's drop in value, but I'd suggest if you compare a Ferrari's purchase price to it's used price , the ratio compares favourably with most other cars
I think most cars are depreciating assets for their first 25 years
Of course along the way some become collectible and may rise in value
One thing that seems constant in this area is the perception of exclusivity
I believe the NSX averaged about 1400 cars per year in it's lifespan
but they produced 8500 for the 1991 model year and 2225 for the 92
So on average the NSX is far more rare than a Ferrari but doesn't have the same auara of exclusivity
I believe this is due to the overproduction of the 91 and 92 model years
If Honda had capped production at 1500 per year I would argue that the NSX today would be seen as exclusive indeed, even though total sales over the 15
years would have been the same
We'll see if Honda falls into the same trap on the next generation NSX or if they have matured in their marketing approach
Jim
Vancehu said:1999 550 Maranello Sold for 220 grand new. A used 1999 550 M with less than 15k miles will sell for 110 grand. 50% lost in 6 years. That not mentioning the extra 30 to 50 grand premium people paid over the MSRP.
1991 NSX MSRP: $60 grand, A used 1991 NSX with less than 15k miles go for $30 grand, give to take a few. That's 50% lost in 15 years!!!
Depreciation is far less than people think on a NSX.
NSX was killed not by lack of "emotion" but the crash of economy in 1992, many supercars that supposed to hit the market never made it.
Vancehu said:NSX R has a different brake discs and pads than the regular NSX. It is a much more effective set up, and again, I have to disagree with you. F430 might have more advance design, but its stopping power on the track has not been as effective. You can see it on the
As for adjustable suspension, it's not a big deal for me, but is nice to have. Do you know the US spec F40 didn't have adjustable suspention?
As for leather/carbon fiber interior, it's all cosmetic enhancement, not performance related. I guess it's nicer, therefore, better
All the electronic gadget is needed for the F430 to help the car meet the engine power, NSX's designer Uehera holds the philosophy of simple package, lean design. Perhaps becuase the NSX is lack on hp, which didn't need all that stuff. You can make the same arguement with the F40, which also lack of all the electronic aid, and you can't possibly telling me the F430 is better.
Well, I do like the F430, if I have the money, I have on in my garage along with the NSX. But if I have my way, I'll take a F40 over both of them.
Vancehu said:You can make the same arguement with the F40, which also lack of all the electronic aid, and you can't possibly telling me the F430 is better.
TC said:Sure, the 550 has poor depreciation but one could also point out that F40's, F50's, Enzo's, 288 GTO's and other Ferrari sell for over their original sticker years and decades from when they were sold. Look at the 348 - a 1990 348 goes for about $48-50k, over 50% of its original sale price. The 355 and 360 hold their value better then the NSX from the same year.
If the 1992 economy was the reason for poor NSX sales in subsequent years, why didn't NSX boom in the mid-2-late nineties with the high-tech boom, as Ferrari and Porsche sales did?
I guess Honda really put all the European Exotic manufactures to their place.... Or because they were way ahead of the game, a little too far ahead, people weren't ready for that. Gordon Murray flat out said, he rather drive a NSX over a Ferrari because it's a better car over all. He Drove one daily for six years, and guess who he is? He's the designer of Mclaren F1/SLR Vision.
Vancehu said:I do however, respect your opinion, I can see you're a Ferrari fan, one thing I will agree with you is, there is not a NSX fan in the world wouldn't want to own a Modern Ferrari. As a die-hard Ferrari fan, you can't possibly telling you will choose a F430 over the F40 if the Money is not an issue.
One more thing, do you own a Ferrari, or have you even own/driven a NSX?
TC said:Yes, I am an NSX owner - I bought one new in 1996 and recently bought the last NSX to campaign in the SCCA World Challenge series.
We all have our pet peeves and mine is what is best described as "disgust" with Honda for letting the NSX rot on the vine for going on 16 years now. They should be ashamed of themselves for that, and for killing the car without a new one ready to go. NSX-III should be on the market already. Things like "... need to get the car just right..." and "... gotta win some F1 races first..." are simply excuses. Honda has not been committed to the NSX since 1993 (when sales started falling off and the car needed a mid-cycle refresh/update) nor the NSX owners since about 1997 (giving us BS for years and years about a future NSX). I went to NSX 04 - Honda/Acura wasn't even there. How hard would it have been for Acura to have a display at NSXPO - shit the 05 RL was just being launches, bring a few for the owners of your most expensive product to test drive. Or even send Mr. Woodwork to do a tech talk. I can't imagine Ferrari not attending the annual national owners meeting.
Vancehu said:As Uehera pointed out, NSX was the very first MR car by Honda, which is why, took them 6 years to develop. The next one wouldn't be that long to develop since the experience is there and they would do it right.
Vancehu said:As your comment about Honda let NSX rot after 1992, you know it's not true, little refinement here and there made the car competitive for over 10 years.
Vancehu said:The lack of HP is matter of changing the rule in Japan, as you know, no car built by a JDM manufactures are allow to have HP rating over 280.
Vancehu said:As for NSX replacement, you know Honda is fully capable of producing a car that can out perform the Ferrari in every way, it's just matter of actually doing it.
TC said:Ok - fine, Honda should have taken its time to get the first NSX right. But while it was on the market they should have been working on the next generation. Just as they do with every other car that they make. It is certain that the next gen of the 911, mid-engine Ferrari and Corvette are already under development.
Come on - little tweaks every 3-4 years don't mean much. Things like a better stereo and a nav system have been parts bin parts at Honda for years - to put them into the NSX is not that difficult. The 4 speed auto tranny (that can only handle 252 HP) is an embarrassment when the TL has had a 5-speed and 250+ HP for years. A 20 HP gain over 15 years - give me a break.
Not true. Infiniti has been making and selling cars with V8's that produce up to 340 HP for years. The current Q, M45 and FX45 produce something link 340, 335 and 315 HP respectively (or something close). The last generation Supra Turbo produced 320 HP back in the early 90's. As did the previous 300 Z twin Turbo.
I don't believe that. The bar is a lot higher than it was in 1990. And the bar will be higher yet in 2008/09 whenever the new NSX breaks cover. Continuous improvement is what got Porsche and Ferrari to this level - and it what's got Honda to where it is with its other products.
Vancehu said:Again, your argument really don't stand because NSX is still less than the half price of a F430, you still haven't answer my question on if you will pay $120 plus grand for a NSX replacement - if that car can out perform the F430? If your answer is no, you pretty much just tell the world that you are an emotional buyer, not a logical buyer.
gheba_nsx said:Small problem: 90% of the exotic car buyers are emotional buyer. Maybe 99% because even the "logical" NSX buyers are not so logical... they could have bought a turboed Camaro for 1/5 of the money...
Over 90k only "prestige", "heritage", "soul", ... blablahblah cars can survive. That's the exotic supercars market... even Porsche would have problem surviving there without the huge basis of lower 911, caymans, boxters that they sell.
They couldn't live of GT2, GT3 and CarreraGT.
And remember that the NSX was able to outperfom and outengineer all the competition back in 1990 by far. All this and anyway in 2 years the sales were down 80%...
Now it will be impossible to create the gap that Honda did then against Ferrari&Porsche since their cars got so much better. How could thing look better this time if the car will cost even more?
Vancehu said:$90k is really not that much in today's economy, just live in Southern California and you will see countless 90k plus car. MB S/SL/CL 500/55/500, M5/6, Maseratti, Audi A/S 8, etc. Not to mention Porsche Cayene, 911, etc. Even the Z06 and Viper are over 70 grand. Heck, 400 grand can only get you a 700 Square feet, one bedroom condo out here.
Ferrari out engineer Honda? You gotta be kidding me. There is not a manufacture out there like to figure out to built a Honda like Motor; granted they now have the same type of HP out put, but they still don't have the same reliability.
Arguably, Ferrari 360/F430 are not better put together than the NSX, and that is a shame considering the method on the NSX is 15 years old. If they are better assembled, that gave Honda a good reason to keep the NSX in production for 15 years. If you have not own a Ferrari, you wouldn't understand, I have friend's out there paying their ass off just to keep one of those running, while my NSX required $40 oil change.
As for your comment, you talking as if Honda is trying to survive on the NSX alone. Dude, with billions of dollars they have already spend on F1/Indy program. The development of the new NSX replacement is just pocket change for them. Why not having Ferrari beater in the show room? Honda have achieve a record 6 consecutive Constructor's F1 Titles when they only have 6 models for sell in the world (Civic, Accord, Prelude, Integra, Legend), and still hold the highest HP rating than any F1 Engine in the entire Grand Prix history. With their financial power, they will be fool to have a sub Ferrari standard car. Ferrari had their chance to beat Honda's record of 6 consecutive titles, this year, and they failed…. THEY HAVE BEEN IN F1 FOR OVER 50 YEARS!!! And they have been in Exotic car business for over 50 years with countless classics. They still didn't get it right, at least not until this decade.
As Gordon Murray pointed out, Ferrari will have no problem selling any of their cars, doesn't' matter how bad/good they are, collectors alone will snatch them up.
The argument here is quite simple, who ever built a car to match or beat the highest performance car in its perspective class with the best reliability and lowest cost of ownership wins, even if they don't sell. The market has the room for both Honda and Ferrari, which is why 348/355 sold out when Porsche 911 and NSX were options. The bar was pertty high back in 1990, but it wasn't until Honda's different approach, which made the Italian/German makers rethink about their method, perhaps Honda knows more than you do about car making for what they did to Ferrari/Porsche?
We all know Honda will never be fully accepted as a Pure Exotic, nothing from Japan will ever be consider as exotics; unless you have prancing horse or raging bull emblem on the hood, everyone else can pretend to earn the title of exotics, but that doesn't means they can't beat it.
One thing I must say is, after translating a article I read couple of months ago, I believe they are going to built a car that will surprise every one. Project leader Mr. Uehera mentioned the performance gap between $200 and $400k exotics, which aren't that far apart. If the NSX replacement can do 0 - 60 in mid 3 seconds, and 1/4 miles in low 11's, that is probably all they need, because anything beyond that, you're talking about McLaren F1 and Bugatti Veyron.
Honda have already achieved 0-60 in 4.4 second with the 02 spec NSX Type R with only 280hp, imagine what they can do with a car that is going to be powered with a V10 (most likely 500 PLUS hp) with the same or less weight as the current NSX?
After all, they have to at least beat the Corvette Z06 (which is very much on par with the performance of the F430).
Don't even try that ... you can not buy an apartment that big here in Zürich with that money. I know what expensive means, this is not eastern EuropeVancehu said:$90k is really not that much in today's economy, just live in Southern California and you will see countless 90k plus car. MB S/SL/CL 500/55/500, M5/6, Maseratti, Audi A/S 8, etc. Not to mention Porsche Cayene, 911, etc. Even the Z06 and Viper are over 70 grand. Heck, 400 grand can only get you a 700 Square feet, one bedroom condo out here.
Vancehu said:Ferrari out engineer Honda? You gotta be kidding me. There is not a manufacture out there like to figure out to built a Honda like Motor; granted they now have the same type of HP out put, but they still don't have the same reliability.
Vancehu said:As for your comment, you talking as if Honda is trying to survive on the NSX alone. Dude, with billions of dollars they have already spend on F1/Indy program. The development of the new NSX replacement is just pocket change for them.
Vancehu said:so if marketing of the car failed in Europe, they will still do well in US and Japan.
liftshard said:Wow. Gee, this sounds so much like the NSX, it's not funny. Exotic. New technologies. Exotic materials. Ferrari who?
SALES FLOP.
It is not, and never will be a Ferrari. Hasn't ANYONE been listening? It doesn't MATTER how GOOD the car is, ok? ALL that matters here in NA is what BADGE is on the hood.
It's why the NSX didn't sell even a BETTER car than a Ferrari or Porsche and why the Z8 doesn't sell and why people buy Bentleys instead of $180,000 MBs. EVERY car has its price niche. Honda's and Acura's simply AREN'T in Porsche's realm. Neither is Lexus. LET Toyota produce a $150,000 car. Nobody will buy it. They'll sell a couple and then, people will get tired of having to defend that it's just a Toyota to the Italian owners' clubs.
Honda can succeed if they sell a sports car around $70,000 in today's dollars. That's about as high as a Japanese car can go for in NA. Any higher and it HAS to be German. The Germans top out in the low 100s, say 110 or 120. Any higher and it has to be Italian as a sports car or British as a saloon.
If Honda shows up w/ a 500hp V10 at $70k, I think they'll have a winner. The Viper and Vette are the model that have to be followed. The Viper is incredibly expensive for a Dodge and the fact that it's a Dodge has hindered it from Day One among buyers who cringed at the thought of driving a Dodge. But, it had 400, now 500hp, and a titanic engine. The Corvette was $40-55k, way cheaper. The Vette is and always has been a car that you bought to run w/ 911s but to save $40,000.
If Honda is dumb enough to AGAIN produce a better car than the Italians or Germans for NOT less than 1/2 the price and expect its objective technical superiority to win over buyers then they've learnt nothing.
Audi's supercar? Idiotic. They cannot sell Phaetons or A8s, much less a car w/ 4 rings on the hood and priced like a Lambo. The notion that they can is absurd.
Every top manager wants a supercar now, it seems, whether or not the thing will sell. Nissan, Mazda, and Honda have had sales success w/ relatively high-powered sportscars in the low 20s to low 30s.
Really, it will not matter how much hp the V10 makes, how good the torque vectoring is, if the car is made of unobtanium. If this is a series vehicle, potential buyers will STILL want a Ferrari.
It's because of CHICKS, dammit...start thinking like a girl. That means throw away nearly every piece of useful knowledge and focus on superficiality instead of substance. Once you do that for a minute, it becomes obvious why the Ferrari is the better car.
Two guys compete for a girl in a club. One says he drives a Ferrari, one an Audi or a Honda. Who gets the girl? DUH. Chicks have to SEE the NSX to be impressed by it...they can merely hear about the Ferrari.
Yes, I know, this doesn't MATTER to us, but the people here who love the NSX for what it does and how it does it, are NOT typical of the masses of people we have to depend upon to make this new car a sales success, you know the ppl who own Ferraris that sit in their garages all the time. Without lowest-common-denominators supporting our vehicle, it will get lost in the shuffle just like the NSX did.
Fully ACK. Audi and much more BMW perfectly positioned their cars in the market.gheba_nsx said:Audi and BMW can maybe reach the 100k but not more. But they are considered a lot more status than Honda. And a lot more.
gheba_nsx said:Of course of course... they want to lose money again on the car and have a second market disaster.
goldNSX said:Fully ACK. Audi and much more BMW perfectly positioned their cars in the market.
Comparing the S2000 with the Z3 it was nearly ridiculous how the Z3 was positioned as the James Bond-roadster, for me a reason NOT to buy a Z3. But again, the marketing for the Z3 was perfect.
Maybe the Z8 was too, but as I remember the Z3 was also in a Bond-movie like the M5. As you can see the influence of BMW's marketing on MY perception: BMW = Bond. .White92 said:I thought the Z8 was Bond's car?
Vancehu said:After all, no one like to see a small Japanese company that is known to make 4 cylinder passenger cars to dominate the most prestige motor sports over giants such as Ferrari/BMW/Cosworth/Renult/Lambo;You have some very good points, but 80 Billion a year is not a small company. Honda would buy and sell Ferrari on it's worst day.
Honda cars, trucks, suv's, street bikes and dirt bikes, generators, lawn mowers, push and rider, personal water craft, ATV's, turbine engines and very soon small jets. Don't forget Honda Finance Company. They are far from the small guy getting over on the big guy. They are the big guy dominating the smaller guys. If they wish the next NSX to be number one it will be. They can also pick by how much they want to beat the competition by and it will happen. A V10 Honda will make any car enthusiasts heart skip a beat.