Re: Value of a '91 that was never driven #000897
So to answer a few questions about the backstory:
This NSX was purchased by my father and tow of his friends as an alternative investment. They saw the NSX as a symbol of the emergence of the Japanese auto industry. They also recognized some of the engineering feats such as the all-aluminum monocoque chassis/body.
They decided to purchase the car, store it and basically not touch it except for maintenance. They consulted Honda for proper care instructions based on their plans to preserve this car in it's factory condition. They stored it in a heated/cooled garage full of collectible care in Chicago. My father was the one who held the keys and he went to visit it a few times a year. He would run the engine, use the electronic mechanical parts and drive it around the lot as Honda recommended.
Because they were three of them, it was easy for them all to agree not to drive the car as each of them only owned a third of it. They bought the car to maintain its condition and preserve its value, therefore, driving it would be counterproductive. They made the agreement and they stuck to it. This is also why it was never titled. They never intended for it to see the open road.
We recently brought it in for maintenance and we spent four thousand dollars replacing the wearables and performing any necessary maintenance. We have documentation of all work done.
It had 42 miles until the end of April, when 11 more miles were added testing and making sure everything is in working order. It currently has 53 miles. It is now back in the garage, safe and sound and running great.
Also, for any collectors, we have the original bill of sale, window sticker, certificate of origin and pre-delivery inspection checklist.
It seems that there are not many, if any '91 NSXs out there with so few miles. I have spoken to a few car collectors and museums that have shown interest. After 20 years, there is no rush to sell it, so we are evaluating the market and making sure we get the best price available.
I have spoken to a few people from the forum. If anyone else is interested, PM me for my email/phone number. I can answer any further questions you have.
Here are a few pictures we took this week:
