Why do people sell there 1998 R's for so much
11-13-2003, 05:54 PM
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Why do people sell there 1998 R's for so much
Kelly blue book list them at 14,000 in excelent condition. and i have only seen them for aroun 19,000. the reason i am asking is because i am getting a loan for one. but the bank will only give me what the blue book lists it as
11-13-2003, 05:56 PM
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Re: Why do people sell there 1998 R's for so much (nice_eg)
simple..
Supply and Demand
KBB does no justice for any limited production vehi. As long as there is a market for our cars, the price will remain up there. this is not to mention that you cant find cheap ITRs but as the saying goes 'you get what you pay for' dont expect to get a 100% perfect ITR for 12k-14k
Supply and Demand
KBB does no justice for any limited production vehi. As long as there is a market for our cars, the price will remain up there. this is not to mention that you cant find cheap ITRs but as the saying goes 'you get what you pay for' dont expect to get a 100% perfect ITR for 12k-14k
11-13-2003, 05:57 PM
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Re: Why do people sell there 1998 R's for so much (98itR484)
You shouldnt expect to get a 100% perfect used car thats 5 years old either. People use their cars.
[edit] If you look, you can find them at $14-$15K all day long....
[edit] If you look, you can find them at $14-$15K all day long....
11-13-2003, 05:59 PM
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Re: Why do people sell there 1998 R's for so much (.RJ)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by .RJ »</TD></TR><TR><TD CLASS="quote">
[edit] If you look, you can find them at $14-$15K all day long.... </TD></TR></TABLE>
Not exactly , I have looked around and there are very few that go for 14-15k
[edit] If you look, you can find them at $14-$15K all day long.... </TD></TR></TABLE>
Not exactly , I have looked around and there are very few that go for 14-15k
11-13-2003, 06:06 PM
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Re: Why do people sell there 1998 R's for so much (CivicSiR94)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by CivicSiR94 »</TD></TR><TR><TD CLASS="quote">Not exactly , I have looked around and there are very few that go for 14-15k </TD></TR></TABLE>
You're not looking in the right places....
You're not looking in the right places....
11-13-2003, 06:27 PM
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Re: Why do people sell there 1998 R's for so much (.RJ)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by .RJ »</TD></TR><TR><TD CLASS="quote">
You're not looking in the right places.... </TD></TR></TABLE>
I'll agree with RJ on this one, you can find them for 14k. Just get it inspect throughly and make sure it hasnt been hit or anything, salvage etc..thats if those things matter to you.
You're not looking in the right places.... </TD></TR></TABLE>
I'll agree with RJ on this one, you can find them for 14k. Just get it inspect throughly and make sure it hasnt been hit or anything, salvage etc..thats if those things matter to you.
11-13-2003, 07:06 PM
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Re: Why do people sell there 1998 R's for so much (.RJ)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by .RJ »</TD></TR><TR><TD CLASS="quote">
You're not looking in the right places.... </TD></TR></TABLE>
you're right.....i picked my 98 up for 13k with 60k on it and MINT condition. the only prob is a little paint chipping on the lip needs a repaint and thats only about $50. BUT the guy i bought it from went from the blue book prices and then went down a little.
just gotta buy from the right people
You're not looking in the right places.... </TD></TR></TABLE>
you're right.....i picked my 98 up for 13k with 60k on it and MINT condition. the only prob is a little paint chipping on the lip needs a repaint and thats only about $50. BUT the guy i bought it from went from the blue book prices and then went down a little.
just gotta buy from the right people
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11-13-2003, 07:25 PM
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Re: Why do people sell there 1998 R's for so much (nice_eg)
Try printing out some ads for the cars and showing them as "value".
People sell it for that much because others will buy it for that much. I haven't really seen 98s go for that much really. Many aren't that expensive. The 2001s are the ones going for 20k+.
People sell it for that much because others will buy it for that much. I haven't really seen 98s go for that much really. Many aren't that expensive. The 2001s are the ones going for 20k+.
11-13-2003, 07:31 PM
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Re: Why do people sell there 1998 R's for so much (nice_eg)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by nice_eg »</TD></TR><TR><TD CLASS="quote">Why do people sell there 1998 R's for so much</TD></TR></TABLE>
Because there were only 1000 shipped to the US. Probably only 800 or so are left.
They probably make more honda accords in an hour than that.
Because there were only 1000 shipped to the US. Probably only 800 or so are left.
They probably make more honda accords in an hour than that.
11-13-2003, 07:40 PM
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Re: Why do people sell there 1998 R's for so much (Jason)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Jason »</TD></TR><TR><TD CLASS="quote">it's all about the CW</TD></TR></TABLE>ditto, even I want a piece of all that CW goodness
11-14-2003, 04:57 AM
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Re: Why do people sell there 1998 R's for so much (nice_eg)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by nice_eg »</TD></TR><TR><TD CLASS="quote">Kelly blue book list them at 14,000 in excelent condition</TD></TR></TABLE>
If you check kbb.com it will give you this message
"1998 • Acura • Integra • Type R Sport Coupe 2D
No Value Available
At this time Kelley Blue Book does not have the necessary data to assess this vehicle. Ample turnover must occur in the marketplace before Kelley Blue Book can report a value for this vehicle. "
If you check kbb.com it will give you this message
"1998 • Acura • Integra • Type R Sport Coupe 2D
No Value Available
At this time Kelley Blue Book does not have the necessary data to assess this vehicle. Ample turnover must occur in the marketplace before Kelley Blue Book can report a value for this vehicle. "
11-14-2003, 05:50 AM
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Re: Why do people sell there 1998 R's for so much (jond)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by jond »</TD></TR><TR><TD CLASS="quote">
Because there were only 1000 shipped to the US. Probably only 800 or so are left.
They probably make more honda accords in an hour than that.
</TD></TR></TABLE>
THere were more than 1000 shipped here.
Because there were only 1000 shipped to the US. Probably only 800 or so are left.
They probably make more honda accords in an hour than that.
</TD></TR></TABLE>
THere were more than 1000 shipped here.
11-14-2003, 05:53 AM
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Re: Why do people sell there 1998 R's for so much (Asahi)
Mine's actually posted in Vehicles For Sale for $14k...(67k miles) https://honda-tech.com/zerothread?id=664997
11-14-2003, 06:03 AM
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Re: Why do people sell there 1998 R's for so much (Asahi)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Asahi »</TD></TR><TR><TD CLASS="quote">THere were more than 1000 shipped here.</TD></TR></TABLE>
Who says? I thought I say a letter from acura stating otherwise.
Who says? I thought I say a letter from acura stating otherwise.
11-14-2003, 06:05 AM
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Re: Why do people sell there 1998 R's for so much (jond)
11-14-2003, 06:08 AM
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Re: Why do people sell there 1998 R's for so much (.RJ)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by .RJ »</TD></TR><TR><TD CLASS="quote">
You're not looking in the right places.... </TD></TR></TABLE>
this is what is wrong with too many people "shopping" for an ITR, especially a 97 or 98.. They whine about sellers asking 17-18k for them, but refuse to go across the country for the cheaper ones.
The deals are out there, you just have to go get it.
And yeah, KBB and NADA are very inaccurate with limited production vehicles of any sort. ITRs included.
Hell, try paying KBB price for a Supra TT and let me know how that works out for you.
You're not looking in the right places.... </TD></TR></TABLE>
this is what is wrong with too many people "shopping" for an ITR, especially a 97 or 98.. They whine about sellers asking 17-18k for them, but refuse to go across the country for the cheaper ones.
The deals are out there, you just have to go get it.
And yeah, KBB and NADA are very inaccurate with limited production vehicles of any sort. ITRs included.
Hell, try paying KBB price for a Supra TT and let me know how that works out for you.
11-14-2003, 06:14 AM
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Re: Why do people sell there 1998 R's for so much (jond)
Jond I have seen that letter and ITRCA has it on file. I can also tell you we know of several R's over 1000. I have seen as high as 1095 personally and there are cars as high as 1197 officially registerd on ITRCA. That letter has little to no credibility and no hard evidence.
11-14-2003, 06:16 AM
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Re: Why do people sell there 1998 R's for so much (nice_eg)
When I bought mine, they didn't have a Type R in their system to look up loan value. They went off GSR wholesale and that's all that they would give me. I didn't need to finance much, but I would have been screwed if I wanted to finance it all. I would never sell my CW ITR right now for $14k, supply and demand. CW is where it's at!!!
11-14-2003, 06:17 AM
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Re: Why do people sell there 1998 R's for so much (Asahi)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Asahi »</TD></TR><TR><TD CLASS="quote"> That letter has little to no credibility and no hard evidence.</TD></TR></TABLE>
I definitely agree with you, but the people with the letter regard it as the only "hard" evidence ever to come out way.
I definitely agree with you, but the people with the letter regard it as the only "hard" evidence ever to come out way.
11-14-2003, 06:22 AM
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Re: Why do people sell there 1998 R's for so much (George Knighton)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by George Knighton »</TD></TR><TR><TD CLASS="quote">
I definitely agree with you, but the people with the letter regard it as the only "hard" evidence ever to come out way.</TD></TR></TABLE>
mostly because it is the only hard evidence the consumer market, well us anyway, has been given.. i see trey's point, but we don't really know that both are correct and that there were skipped numbers or something..
sorry to drag this further OT..
I definitely agree with you, but the people with the letter regard it as the only "hard" evidence ever to come out way.</TD></TR></TABLE>
mostly because it is the only hard evidence the consumer market, well us anyway, has been given.. i see trey's point, but we don't really know that both are correct and that there were skipped numbers or something..
sorry to drag this further OT..
11-14-2003, 06:22 AM
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Re: Why do people sell there 1998 R's for so much (Asahi)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Asahi »</TD></TR><TR><TD CLASS="quote"> I have seen as high as 1095 personally and there are cars as high as 1197 officially registerd on ITRCA.</TD></TR></TABLE>
I thought the numbering was not limited to cars shipped to the US... i.e. there could be 2000 total, but only 1000 shipped to the us... as an example.
I thought the numbering was not limited to cars shipped to the US... i.e. there could be 2000 total, but only 1000 shipped to the us... as an example.
11-14-2003, 06:23 AM
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Re: Why do people sell there 1998 R's for so much (Asahi)
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by cjames235 »</TD></TR><TR><TD CLASS="quote">i picked my 98 up for 13k with 60k on it and MINT condition.</TD></TR></TABLE>
A car with higher-than-average mileage (which 60K is) is, by definition, in below-average condition.
There's a difference in market value between a car with 60K miles on it (or more!) and one with, say, 20K miles. Just like there ARE differences in condition. You can get a '97-98 that's somewhat beat up and/or has high miles for $14K, and you can get a '97-98 that's truly in mint condition with below-average miles but you'll have to pay considerably more for it.
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Asahi »</TD></TR><TR><TD CLASS="quote">Jond I have seen that letter and ITRCA has it on file. I can also tell you we know of several R's over 1000. I have seen as high as 1095 personally and there are cars as high as 1197 officially registerd on ITRCA. That letter has little to no credibility and no hard evidence.</TD></TR></TABLE>
My opinion is that the letter is correct, and that either:
a) the United States cars share the same number sequence as Canada, so that even though only 1023 were sold in the United States for '98, the number sold in both countries went as high as 1197; and/or
b) not all of the cars in the sequence were sold - IOW some were pulled for race teams or for testing or for other purposes.
Probably both.
Just my O, based on no "insider information"...
A car with higher-than-average mileage (which 60K is) is, by definition, in below-average condition.
There's a difference in market value between a car with 60K miles on it (or more!) and one with, say, 20K miles. Just like there ARE differences in condition. You can get a '97-98 that's somewhat beat up and/or has high miles for $14K, and you can get a '97-98 that's truly in mint condition with below-average miles but you'll have to pay considerably more for it.
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Asahi »</TD></TR><TR><TD CLASS="quote">Jond I have seen that letter and ITRCA has it on file. I can also tell you we know of several R's over 1000. I have seen as high as 1095 personally and there are cars as high as 1197 officially registerd on ITRCA. That letter has little to no credibility and no hard evidence.</TD></TR></TABLE>
My opinion is that the letter is correct, and that either:
a) the United States cars share the same number sequence as Canada, so that even though only 1023 were sold in the United States for '98, the number sold in both countries went as high as 1197; and/or
b) not all of the cars in the sequence were sold - IOW some were pulled for race teams or for testing or for other purposes.
Probably both.
Just my O, based on no "insider information"...