Hey, you guys might remember me before talking about the CW 98 R. Now I am very close from purchasing it. However, I want to hear from experience R owners to tell me how much this car is worth, here's some stats:

Year: 1998
Color: CW
Mileage: 36,XXX. only 2000 miles were put on the car/motor since May 13, 2004 with 34,455. Seller say it has been garaged, i find that kind of fishy but he seem like a nice and trustworthy guy.
Clean title
JDM ITR front end (non HID)
everything else stock

so help me out! all i need is opinions from you guys, and checking out the car in person. Then the R is my possesion. Thanks guys




Modified by erasa510 at 2:11 AM 8/31/2006

 

bump! really can use some help

 

TAKEN FROM THE FAQ SECTION ABOVE:

Looking To Purchase ITR? Car buying tips
https://honda-tech.com/zerothread?id=641180
https://honda-tech.com/zerothread?id=588192
https://honda-tech.com/zerothread?id=443880

AND THERES MORE INFO IF YOU DO THE RESEARCH AND READ THE FAQ SECTION

 

i'd pay 18 for it...

 

It's hard to say. I would guess somewhere in the $15,000-16,500 range. Maybe $17K if the seller gets lucky.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by nsxtasy &raquo;</TD></TR><TR><TD CLASS="quote">It's hard to say. I would guess somewhere in the $15,000-16,500 range. Maybe $17K if the seller gets lucky.</TD></TR></TABLE>

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by migs &raquo;</TD></TR><TR><TD CLASS="quote">It's hard to say. I would guess somewhere in the $15,000-16,500 range. Maybe $17K if the seller gets lucky.

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LOL... offer the seller that and see how far you get.

 

18k

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Tomcat &raquo;</TD></TR><TR><TD CLASS="quote">LOL... offer the seller that and see how far you get. </TD></TR></TABLE>

Hey, there are plenty of people selling cars who overestimate their value. If you ask more than the market, it just won't sell, unless you're lucky enough to find a fool willing to overpay.

For $18K, you can get one with the same mileage that's 2-3 years newer and hasn't been modded.

That car is not worth more than $17K, and probably not even that. But the seller is welcome to hold out for whatever price he wants.

 

16-17ish. Id say would be worth more than that if not for the JDM front. Not many 98 Rs stock and that low miles.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by nsxtasy &raquo;</TD></TR><TR><TD CLASS="quote">Hey, there are plenty of people selling cars who overestimate their value. If you ask more than the market, it just won't sell, unless you're lucky enough to find a fool willing to overpay.

For $18K, you can get one with the same mileage that's 2-3 years newer and hasn't been modded.

That car is not worth more than $17K, and probably not even that. But the seller is welcome to hold out for whatever price he wants.


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I think 17K is about right. It all depends on the condition of the car. When I bought my '98 ITR in 2002, I paid $17,250 for it. It had 32K on the clock and was in excellent condition. The car was stock except for a Comptech header and exhaust. But I got what people tell me was a great deal. This car will need to be in excellent condition to sell for 17K though.

 

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

I think 17K is about right. It all depends on the condition of the car. When I bought my '98 ITR in 2002, I paid $17,250 for it. It had 32K on the clock and was in excellent condition. The car was stock except for a Comptech header and exhaust. But I got what people tell me was a great deal. This car will need to be in excellent condition to sell for 17K though.</TD></TR></TABLE>

hello. its 2006. finding a itr with 32k on the clock is that much harder

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by uNF$@#! &raquo;</TD></TR><TR><TD CLASS="quote">hello. its 2006. finding a itr with 32k on the clock is that much harder </TD></TR></TABLE>

werd

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by jetydosa &raquo;</TD></TR><TR><TD CLASS="quote">16-17ish. Id say would be worth more than that if not for the JDM front. Not many 98 Rs stock and that low miles.</TD></TR></TABLE>


JDM ITR fronts lowers the car value?

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by erasa510 &raquo;</TD></TR><TR><TD CLASS="quote">

JDM ITR fronts lowers the car value?</TD></TR></TABLE>

In my opinion, yes. Other people may not think so, though.

 

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

 

where is this guy located? Its not N1 concepts is it?

 

8 year old car.....

15k max. and thats even a bit too much, imo.

im sure it will sell for more, but that does not make it a 'good' price.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Chris N &raquo;</TD></TR><TR><TD CLASS="quote">8 year old car.....

15k max. and thats even a bit too much, imo.

im sure it will sell for more, but that does not make it a 'good' price.</TD></TR></TABLE>

IMO a fair price (not a huge bargain for the buyer or a huge ripoff for the seller) is one that you ought to be able to replicate fairly easily.

The reason $15K is at the low end of the range I stated ($15000-16500) is because of the mileage. You can buy nice, higher-mileage '98 ITRs for around $12K with very high mileage (100-150K miles) and around $14K with medium mileage (50-100K miles). This one might be worth $16000-17500 if it didn't have the JDM front end, but I figure about a grand less because of that.

Of course, this is all mere speculation. If you're selling, and you think your car is worth more - list it for more, and see if you get any offers; you can always lower it later. If you're buying, and you think you ought to be able to get it for less - make an offer you think is fair, and if it's declined, keep looking elsewhere.

 

You don't have to explain yourself Ken,, well err um I guess you did. But I completely agree. The JDM conversion would not be of higher value to me and I think $15k to $17k is pretty fair.

But just by looking at one pic and the information posted by the OP you really can't determine what type of deal it is. You need to actually see it in person and really pick it apart and see what's been done or undone regardless of if the seller says it's "completely stock" besides the JDM conversion.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by 1GreyTeg &raquo;</TD></TR><TR><TD CLASS="quote">You don't have to explain yourself Ken,, well err um I guess you did. But I completely agree. The JDM conversion would not be of higher value to me and I think $15k to $17k is pretty fair.
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I concur. I would pay abouy 16 for that. But i would definitely look into what the heck was done with the car in that 2 year "blank" period. Carfax it, and look carefully. Aftermarket parts isnt all that hard to spot. If everything is cool, you got yourself one sweet ITR.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by 1GreyTeg &raquo;</TD></TR><TR><TD CLASS="quote">just by looking at one pic and the information posted by the OP you really can't determine what type of deal it is. You need to actually see it in person and really pick it apart and see what's been done or undone regardless of if the seller says it's "completely stock" besides the JDM conversion.</TD></TR></TABLE>

Yes, definitely. The above price assumes it's in clean condition and has been well maintained. If it's ratty - crappy mods, ripped seats, unrepaired or poorly repaired body damage, faded paint, flame stickers , stuff like that - then it can be worth considerably less.

 

thanks guys. I really wasnt looking forward to do so much research on certain prices for certain ITR, because this is a 1st come 1st serve situation, so i needed quick help. Thanks to all who gave out opinion

 

I was also looking at the ad for this car on craigslist. The JDM front is cool to me, and the car still immaculate. KBB retail value was about $14,300.
I think the seller is asking $17,500, and the most I'd probably offer would be $16,500. Not worth the asking price, but surely more than retail value, IMO.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by 209SpoonEK9 &raquo;</TD></TR><TR><TD CLASS="quote">KBB retail value was about $14,300.</TD></TR></TABLE>

KBB values are notoriously inaccurate for the ITR. They don't track the actual market; they simply apply depreciation formulas across the board. That generally works for higher-volume cars like Accords, Civics, and standard Integras, but does not work for the low-volume ITR (or other low-volume cars like the NSX).