EricUSC

If I were to buy that car, I would feel bad to drive it regularily because I wouldn't want to put miles on a 3 year old potential collector car with only 71 miles. I hope the car gets sold to someone who would keep it stock and never drive it.

Also, I noticed somebody mentioned that the ones that will be most valuable in the future would be the ones that stay completely OEM. What about genuine Mugen parts? Would they add value to the car in 20 years? The Mugen MF10s, Twin-Loop, Lowdowns, etc would not be available in 20 years and those parts would be more rare than the ITRs themselves. What do you guys think?

fredtoast

Doesn't anyone else think that there is something a little strange about this story? He wanted it so much that he paid WELL OVER MSRP. He had to BORROW the money to buy it, so he is not a wealthy collector. He has been making payments for three years WITHOUT EVER DRIVING THE CAR. And now he suddenly decides to sell it? I can see some rich person driving a car that they never drive, but not this guy. Has anyone checked this out?

fredtoast

Doesn't anyone else think that there is something a little strange about this story? He wanted it so much that he paid WELL OVER MSRP. He had to BORROW the money to buy it, so he is not a wealthy collector. He has been making payments for three years WITHOUT EVER DRIVING THE CAR. And now he suddenly decides to sell it? I can see some rich person buying a car that is never driven, but not this guy. Has anyone checked this out?

00MRSi

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by fredtoast &raquo;</TD></TR><TR><TD CLASS="quote">Doesn't anyone else think that there is something a little strange about this story? He wanted it so much that he paid WELL OVER MSRP. He had to BORROW the money to buy it, so he is not a wealthy collector. He has been making payments for three years WITHOUT EVER DRIVING THE CAR. And now he suddenly decides to sell it? I can see some rich person buying a car that is never driven, but not this guy. Has anyone checked this out?</TD></TR></TABLE>

I noticed that too. If I was making a payment on that car, at least I'd enjoy it and drive it once in a while..

Todd00

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by CanadianR &raquo;</TD></TR><TR><TD CLASS="quote">The '97's especially will fetch lots of money since they're so rare. </TD></TR></TABLE>

I see everyone saying this and I totally do not agree with this statement.

Sure, there may have been less 97's, but you could buy the *same exact car* in 98 and a few different colors in 00 and 01.

Is a 67 Camaro worth any more than a 69 Camaro in the same condition with the same options? Not really if I remember the muscle car market well enough. What makes a car worth more money is condition, mileage and rarity of options or some significant heritage. The 97's do not have any of this over any of the other years. So what if there are less 97's. Just go buy a 98 because again--it's the exact same car minus the slightly different front end and lack of a rear wiper. They changed a few trim pieces on the 67 to 69 Camaros too...

vtec.dc2

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Todd00 &raquo;</TD></TR><TR><TD CLASS="quote">

I see everyone saying this and I totally do not agree with this statement.

Sure, there may have been less 97's, but you could buy the *same exact car* in 98 and a few different colors in 00 and 01.

Is a 67 Camaro worth any more than a 69 Camaro in the same condition with the same options? Not really if I remember the muscle car market well enough. What makes a car worth more money is condition, mileage and rarity of options or some significant heritage. The 97's do not have any of this over any of the other years. So what if there are less 97's. Just go buy a 98 because again--it's the exact same car minus the slightly different front end and lack of a rear wiper. They changed a few trim pieces on the 67 to 69 Camaros too...</TD></TR></TABLE>

yes and no.. the very orininal itr will be worth more money.. may not be much of a difference.. but if you're byuing a classic car.. don't know about camaros.. but first vettes are sure in price.. its not much of trim differences, its the fact that they're the first year imported.

Todd00

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by vtec.dc2 &raquo;</TD></TR><TR><TD CLASS="quote">

yes and no.. the very orininal itr will be worth more money.. may not be much of a difference.. but if you're byuing a classic car.. don't know about camaros.. but first vettes are sure in price.. its not much of trim differences, its the fact that they're the first year imported.</TD></TR></TABLE>

You can't compare the 1953 Corvettes to what a first year Type R may or may not carry in the collectors market. Entirely different concept.

I still say that since the cars were all so similar, year is not going to matter 20 years from now. There were less S2000's the first year as well. Does that mean they will be worth more when you could buy the same exact thing for the next several years? Doubt it.

.RJ

I find it amusing that you're placing a economy-platform car in the same category of classics. And if you hadnt noticed, ITR prices on the used car market have plummeted in the past year.

RJ - who would like to remind you that VTEC isnt the bomb bizzle of all automotive inventions and that ford developed a 16V OHC Engine long before anyone else did...

vtecvoodoo

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by .RJ &raquo;</TD></TR><TR><TD CLASS="quote">I find it amusing that you're placing a economy-platform car in the same category of classics. And if you hadnt noticed, ITR prices on the used car market have plummeted in the past year.

RJ - who would like to remind you that VTEC isnt the bomb bizzle of all automotive inventions</TD></TR></TABLE>

lol I remember when the ITR hit the states and people actually paid over 30k for them

I don`t think we`ll be seeing any ITR`s in the Dupont Registry anytime soon, it`s just an Integra

Todd00

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by vtecvoodoo &raquo;</TD></TR><TR><TD CLASS="quote">

I don`t think we`ll be seeing any ITR`s in the Dupont Registry anytime soon, it`s just an Integra </TD></TR></TABLE>

I agree. Let's put this into perspective:

Every now and then I see:

W41 Olds Cutlass Calais
W41 Olds Achevia
Dodge Omni GLH-T
Dodge Shelby Turbo
Ford Probe GT-S
Pontiac Sunbird GT Turbo
Isuzu Impulse Turbo (early 90's edition)


etc. etc. All rare (some way more than the R) performance editions and all are all based on an economy car platform. They always bring a few dollars more if in good condition, but by no means are they super-expensive collector's items. After the teg hits wholesale costs about 15 years from now, yes the ITR will be worth more than the average teg, but it won't command the prices some think it will. This is just IMO and I could be wrong, but collector's trends just don't put the R at being something really expensive.

What are the going prices for low-mileage E30 M3's? I'd bet the R would sit about with those prices, only maybe less because there are a lot more R's in the us than the E30 M3. Even the E36 M3's are coming down in price now.

And I will contend that 97 R's won't be worth anymore than the rest of the years. Heck, if the 00/01's are faster, they might actually be worth the most.

GokuSSJ4

i will never understand how can some one buy a car , and not drive it ( enjoy the car)

wishihadaskyline

who the hell owns a car for 3 years and puts only 71 miles on it? there are more ppl with ferraris that have hundreds of weekend miles on it.

if its all legit, that is the best find ive ever seen

.RJ

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by wishihadaskyline &raquo;</TD></TR><TR><TD CLASS="quote">if its all legit, that is the best find ive ever seen </TD></TR></TABLE>

Gawd....

You guys are rediculous. Its just a car, and its not a collectible!

mildly.interesting

&lt;~~~~~counting change....

Chris N

I really don't see the R being a collectable like some other cars being mentioned.

They may be, but then, I don't see the 97 being worth THAT much more than any other year. There is nothing really special about it besides the bumpers and a few other things indicative of the original DC2 models, compared to the 'revised' 98-01 DC2.

You gotta wonder if these 'new' '97's have been well maintained. I'd rather have one that has some mileage on it personally, some assurance that it has been taken care of.

Chris - who has never seen a really convincing argument as to why the R will be a collectable.

How many NSX's did they sell in the first year in the US? How much are they worth now?? Low $30K. Nowhere NEAR their original value. I doubt their value is going to skyrocket either.

fso_BamBam

Yes, a good buy for sure, but like you said, I find it very hard to believe the car hasn't been driven. It sat in the garage for 3 years, he kept making the payments, and not once took it out for a drive? That's some serious self-control if you ask me. It's almost like you have a hot wife/gf, and you've never had sex with her!

We don't know all the circumstances, but my initial reaction is that this is dumb, you only live once, so why not enjoy driving a fine car that was meant to be driven? Especially since you keep making payments for 3 years and paid more than MSRP to begin with?

I hope this car finds a good home, and I hope it's in good working condition.

v-attack

iTrader: (1)

But it break it in, and run the crap out of it. It is meant to be driven not on a show car circuit.


Modified by v-attack at 6:33 PM 8/14/2003

esponet

R are nothing but a race version integ. it was made to be raced not collected. but personally if there were 2 tegs side by side 97 &98 R i would buy the 97 but that is just my personal preference.

now i would check this car out completely befor buying it. i mean whats stopping me from removing my interior,cluster replace it withe something then drive the **** out this car then put it back together to say i did not drive it and sell it for more. plus a car that sat for 3 yrs could have bad bearings due to it not being usesd.

Wave

Hmmm.....$24 k for a 3-year old "brand new" R.......I rather buy an used R with 10-20k miles with &lt;$20 k and use the spare money for upgrades later.

Def

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by .RJ &raquo;</TD></TR><TR><TD CLASS="quote">

Gawd....

You guys are rediculous. Its just a car, and its not a collectible!</TD></TR></TABLE>

Exactly. I don't see anyone salivating over a FWD, economy car platform "budget sports car" 15-20 years from now.

Sure, it might be a "cool car to own," but not much more than that.

VTEC will seem "quaint" by that time as well.

csufweed

first of all... nice find but i wouldnt buy it if i had the money... a car sitting for 3 years cannot be good on the car. (i had my car sitting for 2 weeks at a body shop and when i went to start it up, it wouldnt start... then it proceeded to stall on me when i finally was able to start it!)

as for the R being a "collectors item"... it wont happen, not in 10-15 years... and if it does get popular, it wont get big bucks like $600,000... more like a few thousand more than its normal value.

Look at the Supra's. (not a classic, but in high demand) I've seen them sell for a good $10,000 over blue book! Look at the AE86 RWD Toyota Corolla's... limited in the US, so now they usually sell for $3000 or so for an econo-car that is nearly 20 years old! For a while RX-7's became quite popular and price went up with demand. All this is great, but lately dealerships are selling cars for so much more than they are worth because of high demand. (STi and EVO w/ $10,000 mark ups)

Anyways, I doubt it will become a classic in a near future, but who knows what will happen in 50-100 years! One thing for sure is if you found the right buyer, you can sell for more than its currently worth on the market.

jetydosa

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by .RJ &raquo;</TD></TR><TR><TD CLASS="quote">I find it amusing that you're placing a economy-platform car in the same category of classics. </TD></TR></TABLE>

According to NADA, the Dodge 1986 Omni GLHS currently retails (high admittedly) for $10,100. This car when new in 1986 was $10,995. It is listed as a "classic car"...I do not see why the Type R would not be considered the same in 20 years?
Only difference I can think of the Omni was made is considerably less quanities...but still...its a freggin Omni that arguably has only depreciated ~10% in nearly 20 years.

Charlie Moua

iTrader: (3)

only 24k man I'm going to call my bank to see what they can do!

Lucky-R

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by .RJ &raquo;</TD></TR><TR><TD CLASS="quote">I find it amusing that you're placing a economy-platform car in the same category of classics. And if you hadnt noticed, ITR prices on the used car market have plummeted in the past year.

RJ - who would like to remind you that VTEC isnt the bomb bizzle of all automotive inventions and that ford developed a 16V OHC Engine long before anyone else did... </TD></TR></TABLE>i think a car becomes a classic by not only its production numbers and pedigree, but you also need to put it in context with everything else like pop culture during its *time* or height.
yes the R is an *economy* car in a sense, but so was the first gen mustangs...and ford sold 1 million in 2 years-and although it didnt become a classic immediately, it IS a classic today. i owned '65 convertible before the R, same value after 5 years of ownership.

thanks to honda, the words "Type-R" has become a common phrase-commodity in fact, within the import culture, and the ITR is a genuine product of it...a modern-day icon. look on ebay and every rice shop out there, you know what i mean.
in the end, a car only becomes a classic if enough people want it, love it and elevate its status as years pass, and not many cars are left to go around. i know i will want one 20 years from now, just for nostalgia's sake.

so when you think about how a million mustangs(which is a muscle-car icon of the 60's) would become classics, how will it be for our ITRs(import-icon) that have fewer than i'm guessing 10,000 world-wide? i think the chances are cheese

on a sidenote, if it doesn't become a classic, then atleast i'll be able to afford 10 ITRs in a few years

WTypeRogerX

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Ross &raquo;</TD></TR><TR><TD CLASS="quote">I think good Type-Rs will be worth a good chunk.

"Good":

-All OEM parts
-USDM front end
-original engine
-normal wear and tear, low miles
-no accidents
-original paint

</TD></TR></TABLE>

Don't know about normal wear and tear - Vintage Ferraris are worth more if they were raced. Plus track only wear is probably better than stop & go driving and short distance grocery getting.