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Right Price For a '98 R???

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Old Mar 16, 2005 | 04:25 AM
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eLuSiVe2nR's Avatar
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Default Right Price For a '98 R???

This guy around here is selling his R for 18k......its a 98 CW Type R 32,xxx miles on it. What do you guys think?? I kno its kind of vague but from what ive heard its clean as hell, and been kept in great shape all of its life. No Body Damage just sun fade on seats. (its garaged) ( im trying to get pics)
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Old Mar 16, 2005 | 04:31 AM
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Default Re: Right Price For a '98 R??? (eLuSiVe2nR)

Thats more then fair in the eyes of an enthusiast
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Old Mar 16, 2005 | 06:17 AM
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Default Re: Right Price For a '98 R??? (Jon D)

Im really looking into a 01, do u think it would be better to buy this one bc of the price? or is it possible to find a 01 for close to the same price as this 98??
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Old Mar 16, 2005 | 06:23 AM
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Default Re: Right Price For a '98 R??? (eLuSiVe2nR)

If your looking into an 01 that would be my recommendation to you...a clean low-mileage 98 will run you close what you can pick up a 00-01 with higher miles. There are deals out there...you just have to be patient and keep your eyes open. Good luck with everything
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Old Mar 16, 2005 | 06:37 AM
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Default Re: Right Price For a '98 R??? (Jon D)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Jon D &raquo;</TD></TR><TR><TD CLASS="quote">If your looking into an 01 that would be my recommendation to you...a clean low-mileage 98 will run you close what you can pick up a 00-01 with higher miles. There are deals out there...you just have to be patient and keep your eyes open. Good luck with everything </TD></TR></TABLE>

Agreed...........Seems a little steep to me.........but maybe I'm a cheap ***
I think you could most likely find an 01' with about the same mileage and pay 18-20k for a newer car.

Or if I were you I'd offer less for the 98'. I personally feel that 16.5-17k is a better price.

Larkin who's an enthusiast, but was willing to wait for a great deal when I bought my 97' 2.5 years ago.
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Old Mar 16, 2005 | 06:43 AM
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CW with 32K miles, I think it's a good deal. Although it's not the best deal out there compare to the '00/'01 R, it is definitely hard to find with such mileage.
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Old Mar 16, 2005 | 06:56 AM
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Default Re: (Wai)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Wai &raquo;</TD></TR><TR><TD CLASS="quote"> it is definitely hard to find with such mileage.</TD></TR></TABLE>

exactly....which is usually what will hold that higher resale. When it comes down to it they are just miles...but to the collector/enthusiast that makes all the difference. Its finding the right buyer.
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Old Mar 16, 2005 | 07:06 AM
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Default Re: Right Price For a '98 R??? (EbboyPSi)

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

Agreed...........Seems a little steep to me.........but maybe I'm a cheap ***
I think you could most likely find an 01' with about the same mileage and pay 18-20k for a newer car.</TD></TR></TABLE>

Yeah when I read that I was thinking "18k? for a 98? how about 15 or so?"

Then again I don't really consider ITRs to hold as much value as most people here.
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Old Mar 16, 2005 | 07:13 AM
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Default Re: Right Price For a '98 R??? (Dave-ROR)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Dave-ROR &raquo;</TD></TR><TR><TD CLASS="quote">
how about 15 or so?"
</TD></TR></TABLE>


Thats what I payed for my 97' in September 2002 w/ 36K stock and clean titled.


I'm proof that deals can be found

But I'm sure that that car can get 18k from the right buyer, I just wouldn't be the right buyer.
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Old Mar 16, 2005 | 07:16 AM
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How hard has he driven it is also a important question. Did he autocross it? Did he take it to the track occasionally? Did he race it on the street much? Is it bone stock?

Make sure to ask these questions and not base your purchase solely on the fact that it has been garaged. If it's 32,000 highway miles, your gettin' a deal
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Old Mar 16, 2005 | 07:24 AM
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Default Re: Right Price For a '98 R??? (Dave-ROR)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Dave-ROR &raquo;</TD></TR><TR><TD CLASS="quote">
Yeah when I read that I was thinking "18k? for a 98? how about 15 or so?"

Then again I don't really consider ITRs to hold as much value as most people here.</TD></TR></TABLE>

You should see how much the dealerships are selling them for. Just 2 months ago there was a yellow R with 40K sold at a dealership in the Chicago suburb for $22K.
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Old Mar 16, 2005 | 07:26 AM
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Default Re: Right Price For a '98 R??? (Dave-ROR)

00-01 Phoenix Yellow
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Old Mar 16, 2005 | 07:45 AM
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Default Re: Right Price For a '98 R??? (Black 03 Si)

Buy this one instead.
'00, 16K.

https://honda-tech.com/zerothread?id=1162265

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Old Mar 16, 2005 | 08:04 AM
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Default Re: Right Price For a '98 R??? (Chris F)

damn... for reference I just sold my 97R w/ 73k miles for ~13k.
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Old Mar 16, 2005 | 08:09 AM
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Default Re: Right Price For a '98 R??? (eLuSiVe2nR)

It's definately worth it if wasn't a track ***** and was well maintained. Personally, I wouldn't prefer a "newer" ITR to an "older" CW. The immobilizer would be nice but I'd always want to continue to own a CW.

Just for the sake of comparison, I bought my '97 from the first owner 14 months ago with 24K and in absolute showroom condition with the cheaper Bridgestones, one model below the RE010's (I burned through them anyhow). Plus the owner was an older gentleman who never seemed to speak of racing. He was asking 18.9k and we reached a concensus at 17.3k. Hope that helps.

-matt
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Old Mar 16, 2005 | 08:10 AM
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Default Re: Right Price For a '98 R??? (eLuSiVe2nR)

I feel the price is ok, but the caR better be mint.

As for the sun fadded rear seats,,, If the guy has it in the garage at home that means it sits in the sun a lot during the day and possible has been exposed to winter elements. Just a thought because the caR has such low miles. Also if it has been sitting out there then maybe he has had some sort of theft attempts that have been repaired???

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Old Mar 16, 2005 | 11:11 AM
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Got mine last year for $13k with 40,778 miles on her. I'd talk him down a bit from the $18k.
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