So I've been going back and forth on if I should sell my r or not. I'm not only in it for the money, I've always wanted a type r but it's not that practical for my current situation, I need something 4 door, but anyways my question really is what's everyone's opinion on the value of a type r , I have a 01 nhbp with 105 k on it, original motor and all, clean title nothing wrong with the car, kbb says about 13900 for it, I've seen them going for about 15 in this condition but I wonder, will a 100k mile type r kept clean as can be ever be worth 20-25 in say 5-10 years or does everyone think this is about as high as they will get?

 

I don't think they will ever be worth 20-25k.

 

the 1997MY is the "money" year in terms of collector value. Mileage would need to be sub-50k for any future collector value for any model year IMO. Just my $0.02

 

I think they will be collectible at sometime but it won't be 10 yrs from now. It's anyone's guess at this point.

 

Right now you won't get 14k for your type r. It's the low low mileage type r's that will be worth anything.

 

B18 is a B18

 

I think the market is starting to go up. I've been collecting going on 2 years now and values are definitely going up. I agree that the low mile cars would be the collectors choice, and I also agree that the 97's are going to be the most valuable. I also think the 98's will be in the same or if not close to 97 pricing. Future of the 2000-2001 will follow, but don't think they will ever be as strong as the 97-98's.
P.S. If you car is clean with no rust, all matching panels, no accidents, and no major mods and have all stock parts. You can get $14,000 for your car, but like I said, must be pretty sharp.

 

ive been offered 15-16k many times in the last few months for my 01 yellow itr. but i have turned it down because i am not interested in selling it. if you follow my thread you will see the amount of money and time i have into it already. It is not worth letting go for a very long time

 

Having sold 3 type r's in the last 3 years there's a big difference in ppl offering a price and getting the cash.

 

Exactly.

 

They were good friends with cash infront of me. Just not ready to sell. Car is to mint for me to let go.

 

If someone gave me 20k for my ITR they can have it.

 

Shoot someone gives me 8-9k i'll sell my py

 

Damn if u weren't do far away I'd sell my nhbp and buy yours

 

Damn, how many miles on yours?

 

Mine wont be worth anything in the future lol

 

3 weeks ago, a PY, clean title-all matching VIN, with 192K sold in St. Louis for $8.5K.

Fair or not, that's what it sold for.

 

it has peaked or has past it's peak I think... only the low mileage stock or near stock examples will demand a higher value. I've seen some on ebay go past the 16K mark.

 

In a sense, the ITR is worth what you're willing to pay. I've seen 97's selling for <20k and the average person would think that's crazy to spend on a 17 year old Acura.

If a 1997, or a 2001, or pretty much any ITR pops up from an original owner, fair-mint condition, clean title, matching VINs, bone stock, ect, the enthusiast who wants it the most will spend what the buyer is asking.

It's an enthusiasts' car. And if they 'peaked' for now, just give it more time, because in comparison to other cars that enthusiasts buy, the ITR isn't even that old yet. 20 years from now the same mint ITR someone is asking 15k for now, will be asking 75k then.

 

You never know. Look at E30 M3's in the last few years. Prices have jumped $10k, when you used to be able to pick them up for $6-8k no problem.

 

I've owned two E30 M3s in the past and they are a blast to drive. You could have picked them up for about 10K for a clean car back in the late 90s, now a clean one goes for 20-30+. I think the difference here is the rarity of the car worldwide. The ITR is a rare car in the US but not international. Then there is also how different the E30M is vs. the ITR to their "base" cars. Then there is the fact one is a bimmer, then the other is a honda...

I dont' see the ITR climbing to E30 heights.

 

Exactly. Its basic economics, when there is a limited quantity and stable demand, the price has no where to go but up. Its really up to us as enthusiasts/consumers to stay interested in the model over the years to come.

 

Prices are going up right now.

Just watching the market on the cars over the last 4-6 months and they are heading north.

The all stock, lower mileage the better ones are the ones that are bringing the money.

Think how many of the cars they made, how many have been stolen, destroyed, etc or turned into race cars....limited cars left = greater demand = higher value.

Not to mention a lot of us that grew up yearning after a Type R (10-14 years ago as they were new on the market and we were all broke college kids) are more financially stable in our lives as we have entered our careers, have families, etc so disposable income for those willing to shell it out for a very nice Type R is going up meaning the competitive market place will drive the prices up.

Who knows where the ultimate value on the cars will be in 20 years but it is hard to believe they will be worth it as an investment anytime soon (figure if you want to make 10% on your money and you want to use a Type R as an investment at a $16k entry point in 2014 money in 20 years that car has to be worth $107k to make financial investment sense (that I find doubtful)

So moral of the story...who cares what it is worth...it is a car..if you own it enjoy it.

 

Only low mileage ITRs will climb significantly, and year does not matter IMO if the car is stock and miles are low.

A 20K mile ITR has the potential to gain $4K-$8K in the next few years. A 100K ITR will see *some* increase, but it won't be that significant.

If you need to sell the market is pretty good right now. I don't think waiting a year or three will put significantly more in your piggy bank if you are dealing with a car that has 100K on it.

 

A PY ITR (not sure the year) with 4200 miles was sold last May or June to a champion race car driver but I never found out how much it sold for.