My friend is trying to sell his yellow 01 ITR. Its spent its whole like mod free. He is the 2nd owner and bought it with 17k miles on it. The car now has 74k miles. He is looking to sell for 12,800. Is this a good deal? I'm not sure how ITRs are priced in the used car market. He keeps the car maintained according to owners manual and its clean enough to eat off. Any advise....should i try and negotiate some? Thanks in advance.

 

That's a good price...especially if its the condition you describe! Buy it!

 

well, clean or salvage title?

 

should be priced higher if its unmodified and all origional

 

Yup. If it's in very good condition, cosmetically and mechanically - maybe a ding or two, but no real flaws - it ought to be worth somewhere in the $15-17K range. At $12,800 it's a steal, assuming it's been well taken care of.

 

Agreed. Mine was 18k with 27k on the clock & Pristine. I'm sure they have sold for a little more and depending on miles and condition the price will vary quite a bit. $12,800 with low miles and great condition would be a great deal.

 

as a matter of fact whats your location???? ill buy for 12,800 if my STi sells...

 

Look in the cars for sale thread

 

i'd say it's priced correctly. at 74k miles 12,800 is about market value. as mentioned above, some of the 20k mile cars are selling around 17-18k

 

yah thats correct but even older ITR's still sell for this price, so it should be priced according to the market, not what KBB and NADA says... i say 12,800 is low for an 01 bone stock in good condition.

 

No, it isn't - IF the car is in very good condition. $12,800 is market value for that mileage only for a car that has lots of mods, has been in a serious accident, has beat up body panels, etc.

At that price, that car will be sold by tomorrow. I'd grab it if I were shopping for an ITR!

 

clean title...Its my friend, I think i got first dibs . I think I will snag this up. Thanks for the info guys. I have some people that i work with say that i am crazy for wanting to spend the money on this car....saying its too old, too many miles, too over priced. I told them f off, its my money and i want this car! Unfortunately for people who don't know how rare this car is, to them it might seem that its priced too high. And even those who know how rare it is still think its over priced and a waste of money.

 

haha if i dont buy it then you very well could be next in line. Looks like the badge on his car says 1 of 0948.

 

Probably says 01-0948.

 

yep i goofed....you are correct. I believe he is only in town till early aug, when he jets off to get his MBA in chicago, so i think he just needs the cash.

 

there's been a couple forsale up here with clean titles around that dollar amount that have taken quite awhile to sell. same with ebay. mods are a real wildcard, some increase the value of the car, some scare the next buyer; and some have no impact at all.

 

Just looking for a daily driver to replace my mustang. This stupid car is costing me $760/mo (car payment, gas, and insurance). I figure with 75k miles on the clock this car still has a lot more fun left in it. Is there anything that would need to be replaced at this point? Any repairs going to be needed in the next 20k miles......30k? I have no idea what are normal maintenance items on this car. I used to own a 06 civic si, but got rid of it with under 15k miles, god i miss that car!

I did see any newbie intro subforums, so let me just say a little something to introduce myself. My name is niraj and I've recently been looking for a cheaper alternative to my expensive mustang. I've owned a couple of cars in the past....00 nissan sentra se, 06 civic si, 06 vw gti, and 08 Mustang GT. Out of all the cars, the civic si provided the most overall fun of all the cars I have owned. The mustang being the fastest....as you can tell by my forum name my mustang had a small 100 shot of nitrous. I put down 420whp/475wtq on the bottle, it was pretty wild! Just looking for that same civic si like driving experience while getting a little better than 15mpg city or a $540/mo car payment. Looking forward to joining the import community once again.

 

the ITR is a great DD, it's balanced, gets great MPG, easy to repair. at 75k you're due for a timing belt, water pump and tensioner pulley. that's all i can think of. a coolant and brake flush if the haven't been done in awhile. the only car you could consider against it for the same money is an rsx-s, personally i think in 5yrs the ITR will have a higher value, not to mention it's quicker, better in snow due to the lsd and lighter. you can also get a roof rack that does not effect the body and is removable for hauling around bikes or kayaks. it's really an all purpose car. in fact, an 8ft kayak will fit in the back and allow the lid to shut if you lay back the passenger seat. i can't think of a better car to suggest for the money. expense wise. the trannies are bulletproof at stock power levels and off of R tires. engines go around 150k miles before needing valve seals and new rings. again, that's an average. complete jdm itr long blocks are $2500 give or take if you have a major engine failure. brakes are fairly inexpensive and there are no real exclusive high priced replacements parts for the type r i can think of. when you do buy it, give a LOT of thought before you touch the engine. NA mods aren't quite the same as your mustang. a high quality header might add 6-10whp and cost nearly $1,000, cams, springs and a tune? 15-20whp and $1500, that's roughly $100 per hp if you go NA. boost is where you can make the easy hp but you also shorten the life of the engine and they get touchy. properly designed and tuned turbo systems are NOT cheap. cooling becomes an issue and so do the tires you use to try and get traction. of course you outdrive the stock suspension and brake as well. it's not hard to spend ten grand doing a car right. which is yet another reason that leaving it mostly stock isn't a half bad idea.

BTW, do yourself a favor and buy a corvette if you get another V8, they out handle and out brake the mustang all day. just a better platform to start with.

 

I totally agree, the vette is a great car, especially the z06. With that being said, I didnt do any suspension mods to my mustang except for new lower and upper controls arms and some stickier tires. I really didnt think it handled all that bad, brakes sucked though. I'll ask my friend about the few maintenance items you mentioned and see if he had done them already or if they need to be done.

 

The factory's recommended maintenance schedule is a good place to start. It specifies intervals for all the fluids and filters and other parts, so check with your friend, see if he has records on when everything was done. For example, coolant is recommended to be flushed every 30K miles or 2 years, whichever comes first, starting at 45K miles. So if it's already been done in the past two years or 30K miles, you don't need to do it till you hit that interval again. The recommended interval on the timing belt is 105K miles or 7 years, so since the car is 8 years old, that should have been done by now; if it hasn't been done, do it. The water pump is normally done at the same time because it's all the same work to get to it, you may as well change it while you're in there. (And you'll be flushing the coolant when you change the water pump anyway.) Look at all the items in the maintenance schedule this way.

There are a few other items that aren't in the maintenance schedule and are worth considering. I recommend replacing the cooling system hoses whenever you do the timing belt and water pump, either just the two big ones or even the little ones too. It's good preventive maintenance for items that can fail unexpectedly, and an appropriately long service interval; furthermore, when you're doing the water pump and flushing coolant, there are savings in replacing them then. I would also recommend taking a close look at the suspension, particularly the bushings and shocks, to see if any of those are rotting/cracking/leaking/etc and should be replaced.

 

almost forgot belts. they normally are fine at 75k and 8yrs but do inspect for dry rot since you will have them off when you do the timing belt, if it hasn't already been done as stated above.

 

The only other thing you'll probably want is to replace the shocks/springs/bushings somewhere before 100k. It'll make the car feel new again.

 

https://honda-tech.com/forums/showpo...&postcount=203

 

i kinda like those ctr wheels. not something you see everyday on an itr

 

wow...nice...if he dont want it at 12,500 ill buy it....:D