What is up with the market for nsx's?
#1
What is up with the market for nsx's?
Nsx's have been a car i've really wanted to own for a while. Within the year I will be able to buy one. I'm doing some research for now on common issues, etc etc. My question is what is up with the sellers of these cars? The market is so rediculous just looking at it. Some people are asking x3 the amount for a 1991 as a 2001, 1992's 10k higher than a 1995, you get the picture. It doesn't seem like there is ANY structure to these for sale adds. I find it strange because I use to see 91-93's around the price of 20-25k, yet now they are all 30's, some 40's etc. Curious what you guys have picked your nsx up for and what a fair price for an early model would be.
Canada's are typically 10k higher, I would be flying to the US to buy one and driving it back up. Already know all the costs associated with one. I'm looking at about 3k extra on top of the selling price.
Canada's are typically 10k higher, I would be flying to the US to buy one and driving it back up. Already know all the costs associated with one. I'm looking at about 3k extra on top of the selling price.
#3
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Re: What is up with the market for nsx's?
Nsx's have been a car i've really wanted to own for a while. Within the year I will be able to buy one. I'm doing some research for now on common issues, etc etc. My question is what is up with the sellers of these cars? The market is so rediculous just looking at it. Some people are asking x3 the amount for a 1991 as a 2001, 1992's 10k higher than a 1995, you get the picture. It doesn't seem like there is ANY structure to these for sale adds. I find it strange because I use to see 91-93's around the price of 20-25k, yet now they are all 30's, some 40's etc. Curious what you guys have picked your nsx up for and what a fair price for an early model would be.
Canada's are typically 10k higher, I would be flying to the US to buy one and driving it back up. Already know all the costs associated with one. I'm looking at about 3k extra on top of the selling price.
Canada's are typically 10k higher, I would be flying to the US to buy one and driving it back up. Already know all the costs associated with one. I'm looking at about 3k extra on top of the selling price.
Look around on NSXPrime to get a feel for what the cars cost. The cost is primarily based on condition, service history, mileage (to some degree), and whether the car has been wrecked.
#4
Honda-Tech Member
Re: What is up with the market for nsx's?
I would think a 91-93 in the 50k mile range should still be able to get the low 30's
There really isn't anything cheap about an NSX. If you hoping to pick one up cheap expect to pay for it somewhere else.
#6
Re: What is up with the market for nsx's?
My dad (I know, a DAD story...) has had four NSX's. The thing about buying them is to not be afraid of looking out of state for a purchase. I'm not exactly a kid (29) so I know that a lot of people are putting ridiculous prices on their cars to chase away people who are either 1) Young or 2) Not serious/tire kickers. If you show genuine interest and don't seem like you aren't serious they will be open to negotiations. If the owner is an older guy (probable) he won't really take a younger guy seriously unless he knows his $hit and shows he wants to buy. Long story short (kinda?) my old man has only paid the listing's price on an NSX once and it was a super low mileage '98 retaining a warranty...from a dealer.
Also...Don't "Honda-Tech Style" low ball...make a reasonable offer based on what you believe to be fair on current market prices.
Also...Don't "Honda-Tech Style" low ball...make a reasonable offer based on what you believe to be fair on current market prices.
#7
Re: What is up with the market for nsx's?
My dad (I know, a DAD story...) has had four NSX's. The thing about buying them is to not be afraid of looking out of state for a purchase. I'm not exactly a kid (29) so I know that a lot of people are putting ridiculous prices on their cars to chase away people who are either 1) Young or 2) Not serious/tire kickers. If you show genuine interest and don't seem like you aren't serious they will be open to negotiations. If the owner is an older guy (probable) he won't really take a younger guy seriously unless he knows his $hit and shows he wants to buy. Long story short (kinda?) my old man has only paid the listing's price on an NSX once and it was a super low mileage '98 retaining a warranty...from a dealer.
Also...Don't "Honda-Tech Style" low ball...make a reasonable offer based on what you believe to be fair on current market prices.
Also...Don't "Honda-Tech Style" low ball...make a reasonable offer based on what you believe to be fair on current market prices.
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#8
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Re: What is up with the market for nsx's?
this car wont go down in price. the car is rare enough that sellers can easily get what they ask for. theyre usually older and more financially stable enough to not be desperate enough to sell at a steal.
#9
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Re: What is up with the market for nsx's?
There will never be any rhyme or reason behind a sellers pricing nor any market consistency (especially in the early 90's models). I was perplexed by the same questions you have when I was looking for mine.
#10
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Re: What is up with the market for nsx's?
Just think of it as an entrance fee to an exclusive club, lol....
Seriously, the prices for the low mileage 91-93 is very close to the 97-01, mainly because it was a lighter and a coupe.
Purists and collectors often aspire to have the coupes as they are the original NSX.
I happen to have had a 1998 3.2 6sp targa, and now have a 93 3.0 5sp coupe...I like the coupe better too...
Seriously, the prices for the low mileage 91-93 is very close to the 97-01, mainly because it was a lighter and a coupe.
Purists and collectors often aspire to have the coupes as they are the original NSX.
I happen to have had a 1998 3.2 6sp targa, and now have a 93 3.0 5sp coupe...I like the coupe better too...
#11
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Re: What is up with the market for nsx's?
FWIW, I'll probably list my 00 at 46k. I don't know if that will be this year or next but I'm 99% sure that I'm not going to keep it forever.
#13
Painting Masterpieces
Re: What is up with the market for nsx's?
The '95-'96 are kind of the stepchilds in the NSX community. No 3.2L. No 6 speed. Heavier less stiff targa (about 100lbs). Better stock diff than earlier models though (torque control to torque reactive).
The market is a bit manic. The price variances likely have to do with condition and mileage. I paid 35k for mine 10 years ago and turned down 60k 2 years ago. Albeit, it includes a few mods now.
The market is a bit manic. The price variances likely have to do with condition and mileage. I paid 35k for mine 10 years ago and turned down 60k 2 years ago. Albeit, it includes a few mods now.
#14
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Re: What is up with the market for nsx's?
The '95-'96 are kind of the stepchilds in the NSX community. No 3.2L. No 6 speed. Heavier less stiff targa (about 100lbs). Better stock diff than earlier models though (torque control to torque reactive).
The market is a bit manic. The price variances likely have to do with condition and mileage. I paid 35k for mine 10 years ago and turned down 60k 2 years ago. Albeit, it includes a few mods now.
The market is a bit manic. The price variances likely have to do with condition and mileage. I paid 35k for mine 10 years ago and turned down 60k 2 years ago. Albeit, it includes a few mods now.
I decided to pull my car off the market, while I did get some offers very close to my asking I couldn't bring myself to get rid of it even if I may miss opportunities in the meantime, the car is just way to friggen cool and I know I may never be able to get another 2000/2001 at a decent price again.
#15
Re: What is up with the market for nsx's?
It really depends on the condition and the DOCUMENTABLE maintenance that has been done to the car, based on the year and modifications (good or bad) that have been done to the car. Remember, there fewer of them every month than the month before.
Brad
Brad
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Re: What is up with the market for nsx's?
Someone who understands the concept of a small pc of the NSX group selling point. I have had some tire kickers and hate to say it all have been young. NO offense to those younger folks who are quite knowledgeable and have asked excellent questions prior to buying or inquiring.
#17
Re: What is up with the market for nsx's?
back on topic. honestly its just like any other market the prices will vary and it seems to me that currently the average is about 30k for a decent mid year nsx with decent mileage.
im probably selling my s2k to get one.. still waiting to see if he will come down some before i commit to selling my child D:
im probably selling my s2k to get one.. still waiting to see if he will come down some before i commit to selling my child D:
#18
Honda-Tech Member
Re: What is up with the market for nsx's?
Someone who understands the concept of a small pc of the NSX group selling point. I have had some tire kickers and hate to say it all have been young. NO offense to those younger folks who are quite knowledgeable and have asked excellent questions prior to buying or inquiring.
Usually the NSX's in the 20's have issues and they are priced that way for a reason. If that's what your looking for that is fine. But don't get upset when you offer someone $25k and they laugh at you. Anyone that has done any amount of searching knows what the car is worth. When it comes time to sell the seller already knows how difficult it is to find one in good condition because they put in a lot of work when they bought it.
You also have to question your goals. There really is no such thing as a "cheap" NSX. Potential buyers tend to forget it was a $70k-90k car, parts are priced accordingly. Even if you do the work yourself you will still spend a fortune on parts.
If you finally find one for what you want to pay, remember the amount of work you put in when it comes time to sell. Because I guarantee you will get the next guy in line trying to convince you about what he thinks your car should be priced at
#19
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Re: What is up with the market for nsx's?
I think a lot of young kids expect to see the NSX depreciate like a civic or an accord. What they fail to realize is the majority of the depreciation already accured. They are now at a pretty steady state on price. The other thing I have seen is people think that if they convince themselves the car is worth less that seller will agree with them
Usually the NSX's in the 20's have issues and they are priced that way for a reason. If that's what your looking for that is fine. But don't get upset when you offer someone $25k and they laugh at you. Anyone that has done any amount of searching knows what the car is worth. When it comes time to sell the seller already knows how difficult it is to find one in good condition because they put in a lot of work when they bought it.
You also have to question your goals. There really is no such thing as a "cheap" NSX. Potential buyers tend to forget it was a $70k-90k car, parts are priced accordingly. Even if you do the work yourself you will still spend a fortune on parts.
If you finally find one for what you want to pay, remember the amount of work you put in when it comes time to sell. Because I guarantee you will get the next guy in line trying to convince you about what he thinks your car should be priced at
Usually the NSX's in the 20's have issues and they are priced that way for a reason. If that's what your looking for that is fine. But don't get upset when you offer someone $25k and they laugh at you. Anyone that has done any amount of searching knows what the car is worth. When it comes time to sell the seller already knows how difficult it is to find one in good condition because they put in a lot of work when they bought it.
You also have to question your goals. There really is no such thing as a "cheap" NSX. Potential buyers tend to forget it was a $70k-90k car, parts are priced accordingly. Even if you do the work yourself you will still spend a fortune on parts.
If you finally find one for what you want to pay, remember the amount of work you put in when it comes time to sell. Because I guarantee you will get the next guy in line trying to convince you about what he thinks your car should be priced at
IMO these car's are starting to go up in value because of the small number of NSX's remaining. So the better shape it's in the more it's going to be worth. Sorry there is no real point to my post just saw this and wanted to rant.
#20
Painting Masterpieces
Re: What is up with the market for nsx's?
It cracks me up when people want a 20-30% or more discount because of a "cash" offer. What are you, a friggin' drug dealer? Go to your bank and get a certified check if you want the car.
#21
Honda-Tech Member
Re: What is up with the market for nsx's?
Ya that line gets me too. I always tell them sorry I'm only accepting food stamps at this time. Just a tip Ponyboy I wouldn't accept a certified check without going to the bank with them. The second you sign the title over to them if its a scamed check you are SOL. You can't report the car stolen because they have the title. You have to sue them to get your money and that can be a pita. It happened with a friend of mine on a much cheaper car. He sold it to a manager at a Lexus dealer thinking it was safe. The checked came back no good and the guy skipped town. My friend wrote it off as a loss. He would have had to hire someone to track him down and serve him. And even if he won there was no gurantee he would get his money. Luckily this was only a $4k loss for him.
#22
Honda-Tech Member
Re: What is up with the market for nsx's?
We were selling our 98 toyota tacoma on autotrader. I entered all the information into auto trader describing a 98 tacoma. There is an optional section where you can enter the vin number. I had the wife read off the number from one of our insurance cards. Ad went live and I figured I get a few calls since I listed it for $11k (this was 5 years ago).
I was FLOODED with calls mostly from kids. It just so happened she gave me the NSX vin. So I guess when you enter the vin it doesn't go by what you manually entered. It goes by the information it was able to pull up by the vin. So a bunch of people were calling asking if the 94 NSX was still for sale for $11k. I got annoyed after a while and started telling people I just sold it for $8k. You could hear the excitement leave their voice hahaha
#23
Honda-Tech Member
Re: What is up with the market for nsx's?
As someone who has wanted an NSX for 20 years, I used to get frustrated through the years that the '91-'93 NSXs seem to have never dipped in value. They were stuck in the mid 20's book for at least 12 years. Only now do the '91 models book at just under $20k but anyone who has taken good care of their early model NSX is NOT selling one for anywhere close to that. Its kind of like the '93-'95 RX7's that book at almost nothing, but good luck finding a "good" example for anything under $20k (more than 2x book).
My financial situation finally hit "adult" status and I was finally able to afford an NSX. Ended up going with a '97 and I'm actually glad it took me so long...worth the wait.
My financial situation finally hit "adult" status and I was finally able to afford an NSX. Ended up going with a '97 and I'm actually glad it took me so long...worth the wait.
#24
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Re: What is up with the market for nsx's?
Congrats Teej! Can't wait to see pics.
#25
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Re: What is up with the market for nsx's?
Your lucky if you find one for sale in the KBB price range. it is def true that ppl want crazy amounts for these cars. I luv em and always wanted one to but will never pay 25 and 30Gs for a early 90's model. Thats crazy.