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what is this car worth? selling my ITR

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Old 07-13-2007, 09:09 PM
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kaj
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Default what is this car worth? selling my ITR

i've been off the boards and out of the market for a while.. .. so i'm looking for some opinions of what my car is worth. to ME it's worth $1,000,000... but i have to be more realistic.

here is the ad i'll be using. it gives you an idea of what's up with the car. i'll also post a couple pictures to give you a better idea. thanks guys.

ad:

<FONT COLOR="blue"><u>Car:</u></FONT>
2000 Acura Integra Type R FBP #1525
69k miles on the chassis
Clean Title. Title is still at bank.


<FONT COLOR="blue"><u>Engine:</u></FONT>
JDM 1998 Acura Integra B18C (type r)
approx 40k on the motor


<FONT COLOR="blue"><u>Block work:</u></FONT>
Stock


<FONT COLOR="blue"><u>Head Work:</u></FONT>
Stock


<FONT COLOR="blue"><u>Fuel System:</u></FONT>
Walbro fuel pump

<FONT COLOR="blue"><u>intake:</u></FONT>
Comptech USA intake
Comptech Icebox

<FONT COLOR="blue"><u>Exhaust:</u></FONT>
Type One Racing header 2 1/2" collector
Custom 2 1/2" mandrel-bent exhaust
2 1/2" cat.
Spoon N1 axle back

<FONT COLOR="blue"><u>Drivetrain:</u></FONT>
Stock Type R Transmission (matching numbers. no grinds)
Fidanza 7lb flywheel
ACT 6-puck clutch
extreme pressure plate


<FONT COLOR="blue"><u>Vehicle Electronics: </u></FONT>
Stock ECU

<FONT COLOR="blue"><u>Suspension:</u></FONT>
Spoon N1 five-way, height adjustable coilovers.
Spoon front strut bar
Cusco rear strut bar

<FONT COLOR="blue"><u>Wheels & Tires:</u></FONT>
16" Rota GT3 (royal gunmetal, new)
Nitto NeoGen. 99% tread. near new.

<FONT COLOR="blue"><u>Interior:</u></FONT>
stock ITR seats front/rear
Spoon shift ****
'98-spec shift boot (red stitching)
A/C power inverter built into center armrest
Mugen pedals
JDM, SRS steering wheel


<FONT COLOR="blue"><u>Exterior:</u></FONT>
OEM body kit.


<FONT COLOR="blue"><u>Brakes:</u></FONT>
cobalt pads front, axxis rear


<FONT COLOR="blue"><u>Cooling System:</u></FONT>
Koyo radiator
Spoon radiator cap
Samco silicone hoses


<FONT COLOR="blue"><u>Stereo System:</u></FONT>
JVC KD-ADV5380 (DVD/Divx-Ultra/WMA/MP3,
CD, DVD, CD-R, CD-RW, DVD+R, DVD-R, DVD+RW, DVD-RW, Video CD). brand new.
RE components, front. brand new
two (2) RE 8" in vented box. brand new
Audison 4-channel amp. brand new


<FONT COLOR="blue"><u>other "goodies":</u></FONT>
spoon reservoir covers
battery relocation kit (to trunk)


<FONT COLOR="blue"><u>Location:</u></FONT> Fresno, California

<FONT COLOR="blue"><u>Smog information:</u></FONT> not smogged

<FONT COLOR="blue"><u>Registration information:</u></FONT> tags are current

<FONT COLOR="blue"><u>Condition:</u></FONT> car has normal chips and scratches from driving on the freeway, etc. i will post detailed pictures. there is also a bit of paint missing from the passenger-side, rear bumper cover where someone was parallel parking and took some paint off. this happened under ownership of original owner, i never took the time to fix it. i always forget the scratch is there. there was as dent in the passenger, front fender (front corner, where it meets the bumper cover). it has been fixed as well as possible, without doing metal/paint work. it's now flat, but you can see it's not perfect, if you look at it in the right light. pics are posted.
i recently spent $200 taking out all door dings. body is straight. all body panels fit properly.
car needs an OBD-II oil pump. i have the CKF sensor and bracket all ready to go. you just need to swap oil
pumps. the timing belt pulley, on the crank is already OBD-II, so no need to replace it (JDM motors do not start
out as being OBD-II compliant).
no condensation/breaks/cranks in any of the lights or mirrors.
upon sale of vehicle, payment will be made to my credit union. they will then release the pink slip, but they must send it by mail. i will then sign it and mail directly to new owner. a formal, written contract may be written to protect both parties involved.
car has never been vandalized, stolen, or wrecked.


<FONT COLOR="blue"><u>Trades:</u> </FONT> <FONT SIZE="1"> Not at this time, thank you. i need to pay the car off.</FONT>

<FONT COLOR="blue"><u>Price:</u> </FONT><FONT COLOR="green">$16,000 o.b.o., though it will need to be a reasonable

offer.
</FONT>

<FONT COLOR="blue"><u>Contact:</u> </FONT>My name is Jason and the best way to contact me is my email... papaguyver@hotmail.com


pics:

stock gauge bezel is back in and spoon shift **** added:















Modified by kaj at 1:38 PM 7/14/2007


Modified by kaj at 1:40 PM 7/14/2007


Modified by kaj at 1:40 PM 7/14/2007


Modified by kaj at 1:44 PM 7/14/2007


Modified by kaj at 1:44 PM 7/14/2007


Modified by kaj at 4:30 PM 7/16/2007
Old 07-13-2007, 09:16 PM
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This car has been resprayed with a new motor? Id say 12-15k.
Old 07-13-2007, 09:34 PM
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Default Re: (Doostur)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Doostur &raquo;</TD></TR><TR><TD CLASS="quote">This car has been resprayed with a new motor? Id say 12-15k.</TD></TR></TABLE>

resprayed? why would you think that? and yes: new motor from HMO. the old one had a problem with oil starvation, so i swapped it out.
Old 07-13-2007, 09:39 PM
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N/m just a lil confused. But yea id say 12-15k. Since your asking 16k obo so that should be about right.
Old 07-13-2007, 11:18 PM
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Default Re: (Doostur)

13-15k
Old 07-14-2007, 04:11 AM
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this ad is very confusing with all the little thumbnail pictures of a CW R...and the ad should be placed in the FS thread at the top anyway.
Old 07-14-2007, 04:19 AM
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<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by RTW DC2R &raquo;</TD></TR><TR><TD CLASS="quote">this ad is very confusing with all the little thumbnail pictures of a CW R...and the ad should be placed in the FS thread at the top anyway.</TD></TR></TABLE>

thats what confused me
Old 07-14-2007, 05:48 AM
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Default Re: (Doostur)

Yeah, I was confused by te small pics showing the CW R and then there's a black R at the bottom. I'd say 16 to 18 if you can find the right buyer.
Old 07-14-2007, 08:03 AM
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Default Re: what is this car worth? selling my ITR (kaj)

I don't know, something about that 3rd picture just makes the front bumper and oem body kit look like a different color from the rest of the body. I would def try to get a better picture of your car. but I would say as is wouldn't fetch you more that $13,500 after negotiations


***And get some dam tire shine
Old 07-14-2007, 08:58 AM
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Default Re: what is this car worth? selling my ITR (kaj)

why are you advertising ryans car?
"hey ryan someones helping to sell your car!!"

LOL good luck but work on the presentation alittle more.


and whats with the engine?
https://honda-tech.com/zerothread?id=1961500
Old 07-14-2007, 09:40 AM
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Default Re: what is this car worth? selling my ITR (cxSHOE)

Needs mechanical work, needs body work, engine swapped, heavily modded, Nitto all-seasons...

$11.0-12.5K.
Old 07-14-2007, 11:30 AM
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Default Re: what is this car worth? selling my ITR (nsxtasy)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by nsxtasy &raquo;</TD></TR><TR><TD CLASS="quote">Needs mechanical work, needs body work, engine swapped...

$11.0-12.5K.
</TD></TR></TABLE>

16-18K would not be what I would pay for this car.

Example: 01 NBP, 57900 miles mint interior and body wise had 1 dent in the drivers door. Spoon header, AEM CAI, and Apexi exhaust (which came off the car anyway) I paid $17K.


BTW, as stated, your ad is confusing as hell.
Old 07-14-2007, 12:30 PM
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Default Re: what is this car worth? selling my ITR (cxSHOE)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by RTW DC2R &raquo;</TD></TR><TR><TD CLASS="quote">this ad is very confusing with all the little thumbnail pictures of a CW R...and the ad should be placed in the FS thread at the top anyway.</TD></TR></TABLE>

well, that isn't my engine block, head or stereo in the ad, either. they were just for illustration purposes. most of you guys know there was no CW in 2000.

i guess i didn't really consider an oil pump "needing mechanical work", though it's true. this motor supposedly has less miles on it than the stock one would, but i see your points on that too. i swapped out the pictures for some better ones. i haven't, yet, taken pics for the ad. i only posted the above pictures so you guys can see the actual car.
Old 07-14-2007, 12:34 PM
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Default Re: what is this car worth? selling my ITR (kaj)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by kaj &raquo;</TD></TR><TR><TD CLASS="quote">i guess i didn't really consider an oil pump "needing mechanical work", though it's true.</TD></TR></TABLE>

If I were you, I would replace the oil pump before selling the car. You'll get back what it costs in terms of more interest in the car (which translates to a higher selling price).
Old 07-14-2007, 12:39 PM
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Default Re: what is this car worth? selling my ITR (nsxtasy)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by nsxtasy &raquo;</TD></TR><TR><TD CLASS="quote">If I were you, I would replace the oil pump before selling the car.
</TD></TR></TABLE>

i'll try. i was hoping to not work on this car ANY more. i'm short on time. but that may be easier.


also, this ad is far from done. you guys are getting a preview. i just posted up the basic info/ad to get some opinions from you guys.
i don't want to ask for a ridiculous amount of money, nor undersell the thing. thanks for all the opinions, guys.

new pics added. they are uploading as i type this out.
Old 07-14-2007, 12:46 PM
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and no: the bronze c10s are not the current wheels
Old 07-14-2007, 12:50 PM
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Default Re: what is this car worth? selling my ITR (Comp97GSR)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Comp97GSR &raquo;</TD></TR><TR><TD CLASS="quote">

16-18K would not be what I would pay for this car.

Example: 01 NBP, 57900 miles mint interior and body wise had 1 dent in the drivers door. Spoon header, AEM CAI, and Apexi exhaust (which came off the car anyway) I paid $17K.


BTW, as stated, your ad is confusing as hell. </TD></TR></TABLE>

so i'm gonna lose $5k because my car is a year older, even with all the extra modifcations? 69k miles is pretty low, for a 2000 car, i thought ???
Old 07-14-2007, 03:14 PM
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Default Re: what is this car worth? selling my ITR (kaj)

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

so i'm gonna lose $5k because my car is a year older, even with all the extra modifcations? 69k miles is pretty low, for a 2000 car, i thought ???</TD></TR></TABLE>

No,
The main reason why you will get less is that the motor is not the original one.
Old 07-14-2007, 04:18 PM
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Default Re: what is this car worth? selling my ITR (kaj)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by kaj &raquo;</TD></TR><TR><TD CLASS="quote">so i'm gonna lose $5k because my car is a year older, even with all the extra modifcations?</TD></TR></TABLE>

Modifications reduce the value, they don't add value. Unless you're so lucky that you find someone who wants exactly the mods you have and is willing to pay extra for them - and that rarely happens (because people shopping for modded cars know that they usually sell for less than bone stock ones).

As to which factor reduces the value the most - the swapped motor, the mods, the body damage - IMHO they all contribute. The mileage is about average - some cars have more than that, others less - so I don't think it adds or reduces value.

Remember, though, you can always start with a high asking price and then lower it after a while if it hasn't sold.

If it were my car, I would replace the oil pump, then probably start out with an asking price of $14,995 and hope for the best.
Old 07-14-2007, 04:46 PM
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Default Re: what is this car worth? selling my ITR (nsxtasy)

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

Modifications reduce the value, they don't add value. Unless you're so lucky that you find someone who wants exactly the mods you have and is willing to pay extra for them - and that rarely happens (because people shopping for modded cars know that they usually sell for less than bone stock ones).

As to which factor reduces the value the most - the swapped motor, the mods, the body damage - IMHO they all contribute. The mileage is about average - some cars have more than that, others less - so I don't think it adds or reduces value.

Remember, though, you can always start with a high asking price and then lower it after a while if it hasn't sold.

If it were my car, I would replace the oil pump, then probably start out with an asking price of $14,995 and hope for the best.
</TD></TR></TABLE>

i see. so a stock ITR would sell for more than one with mods. i suppose i thought since they were DECENT mods (comptech vs AEM, Spoon VS *other name*). the ITR community sure is a fickle one

again, thanks for the heads up, guys. i may end up just keeping the car....

Old 07-14-2007, 05:15 PM
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Default Re: what is this car worth? selling my ITR (kaj)

As far as mods go, it all depends on who the potential buyer is. An R like Wes' old R, I think his mods added some value to the car, at least to me. It has cost me more in somewhat duplicating it with my R than it would have been to buy his for 21-22K.... if he would have sold it that cheap.

I was basing yours on that it doesn't have the original block and needed some work. Seeing your new pics it does look nice. The unfortunate thing for you is that there seems to be a bunch of nice low milage R's forsale which may or may not effect your final sale price.


Old 07-14-2007, 05:20 PM
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Default Re: what is this car worth? selling my ITR (Comp97GSR)

Oh, and I might add that you should keep the R, unless you don't have a secure place to park it. A lot of people have sold theirs only to purchase another down the road.
Old 07-14-2007, 11:29 PM
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Default Re: what is this car worth? selling my ITR (Comp97GSR)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Comp97GSR &raquo;</TD></TR><TR><TD CLASS="quote">Oh, and I might add that you should keep the R, unless you don't have a secure place to park it. A lot of people have sold theirs only to purchase another down the road.</TD></TR></TABLE>

ha. funny. i've been thinking the same thing. my predicament is that i'm still finishing school and have a car payment. it would be WISE to sell the ITR and buy a car. no payments. i've been trying, my hardest, to keep it since January.. that's when crunch time started.
it's been very stressful.
the care gets great MPG, room for my son, etc. it's a REALLY good all-around car. but.. we never go to meets, the track, mountain drives, etc. we're all so busy. i feel like the car is wasting away
also, i live in Fresno, CA. pretty much the honda-theft capitol of the world. i think the only thing that keeps it safe is a ridiculous amount of security devices, a neighbor with a gun, and the fact that my friends and i run a local web forum.. so most people in my city know about how i protect my car.
i don't even like to go to a movie 'cause i'm afraid someone will mess with it. i borrow my mom's car that's pretty sad. oh. this car is my daily driver, so i don't have much choice in taking it places.
i do have a strange feeling that if i sell it... i'll want another. a friend of mine had one ready to buy, back in 2001, and opted for a Mustang GT, instead. to this day he regrets it.

as you can see by my ramblings, i've been thinking about this a LOT.
Old 07-15-2007, 08:53 AM
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Default Re: what is this car worth? selling my ITR (kaj)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by kaj &raquo;</TD></TR><TR><TD CLASS="quote">
i see. so a stock ITR would sell for more than one with mods. i suppose i thought since they were DECENT mods (comptech vs AEM, Spoon VS *other name*). the ITR community sure is a fickle one
</TD></TR></TABLE>

It's not the ITR community that is fickle, we're simply mimicking what you're going to find with any other buyer group. *Most* people don't want a car that's been modded for many different reasons. The number one of course being that most people will think a modded car was a hard-driven car. And I think most people want to do their *own* mods, not someone else's, even if it's done well like yours. But that's just my .02 cents.

...and you definitely need to take the CW pics out of your ad, it is very confusing when you start reading it.

Old 07-15-2007, 03:59 PM
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Default Re: what is this car worth? selling my ITR (uncleben)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by uncleben &raquo;</TD></TR><TR><TD CLASS="quote">It's not the ITR community that is fickle, we're simply mimicking what you're going to find with any other buyer group. *Most* people don't want a car that's been modded for many different reasons. The number one of course being that most people will think a modded car was a hard-driven car. And I think most people want to do their *own* mods, not someone else's, even if it's done well like yours.</TD></TR></TABLE>

I agree that both of those are factors driving down the value of modded cars. However, I think the number one reason modded cars are worth less than bone stock cars is that a whole lot more people want a bone stock car than a modded car. And any time you rule out a big proportion of your potential market like that, it makes it a lot tougher to find a buyer who's willing to pay any given price.

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by uncleben &raquo;</TD></TR><TR><TD CLASS="quote">But that's just my .02 cents.</TD></TR></TABLE>

And mine.

Of course, no single individual sets the market. Cars will sell for what they will sell for. It's just that, from what I've seen from actual sales, bone stock cars sell for a lot more than modded cars. The things that are most likely to maximize the market value of a car are lack of mods, low mileage, and pristine condition, none of which applies to yours (no offense). Those are the things that make one ITR worth $16-19K and another only $11-14K.


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