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why is this type r so cheap?

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Old Jul 17, 2003 | 12:21 PM
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Default why is this type r so cheap?

http://autotrader.com/findacar...st=16

can some one tell me why it's so cheap..that's liek the price I payed for my 00 civic si...i'm pissed off now!!!
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Old Jul 17, 2003 | 12:26 PM
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Default Re: why is this type r so cheap? (CivicSi2000)

salvage title? accidents? i don't know, but something is not right.
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Old Jul 17, 2003 | 12:30 PM
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Default Re: why is this type r so cheap? (Chris N)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Chris N &raquo;</TD></TR><TR><TD CLASS="quote">salvage title? accidents? i don't know, but something is not right.</TD></TR></TABLE>

could just be an estate sale or someone selling it quick.

I'd check the VIN though
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Old Jul 17, 2003 | 12:30 PM
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Default Re: why is this type r so cheap? (Chris N)

maybe the owner doesnt know how rare the 97 ITR really is :shrugs:
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Old Jul 17, 2003 | 12:31 PM
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Default Re: why is this type r so cheap? (Chris N)

:cough:
https://honda-tech.com/zerothread?id=564859
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Old Jul 17, 2003 | 03:45 PM
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Default Re: why is this type r so cheap? (CivicSi2000)

If indeed an old lady drove it (yeah right) - then maybe they have no idea what they are worth.

Prolly a scam
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Old Jul 17, 2003 | 03:47 PM
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Default Re: why is this type r so cheap? (zyg)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by zyg &raquo;</TD></TR><TR><TD CLASS="quote">That's about what KBB has as a "retail" price for that car.
Trade-in value is about 9.8K.
</TD></TR></TABLE>

Where did you get those numbers? KBB's online site does not give a value for ITRs claiming insufficient data.
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Old Jul 17, 2003 | 04:23 PM
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Default Re: why is this type r so cheap? (norice)

Depends which year you look at. I believe KBB has prices on 97 ITR's. Maybe even 98 now.
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Old Jul 17, 2003 | 05:11 PM
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Default Re: why is this type r so cheap? (zyg)

that price looks good to me...maybe a bit low...but looks about right.
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Old Jul 17, 2003 | 05:14 PM
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Default Re: why is this type r so cheap? (CivicSi2000)

Never come into the ITR forum asking why an ITR is "cheap"
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Old Jul 17, 2003 | 06:35 PM
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Default Re: why is this type r so cheap? (Tweakmeister)

I watched the time expire with no bids on a 97 R on ebay the other day. The starting bid was minimum 15500, and the damn thing only had 15K on it.
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Old Jul 17, 2003 | 06:57 PM
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Default Re: why is this type r so cheap? (OutkastLV)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote &raquo;</TD></TR><TR><TD CLASS="quote">The body is very straight ? </TD></TR></TABLE>

Sounds like a salvaged car to me.


<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by norice &raquo;</TD></TR><TR><TD CLASS="quote">Where did you get those numbers? KBB's online site does not give a value for ITRs claiming insufficient data.</TD></TR></TABLE>

I just tried it and it gave me the same message. I think dont think kbb and sites like that track limited production cars.

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Old Jul 17, 2003 | 07:14 PM
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Default Re: why is this type r so cheap? (jond)

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

I just tried it and it gave me the same message. I think dont think kbb and sites like that track limited production cars.

</TD></TR></TABLE>
Not ture, I just used edmonds to look up a 97 itr and it came up with 13,200 for the said car with that milage. Nice car if its clean, I might pick it up ... Only thing is hopefully he's the orginal owner, they always take care of their cars better for some reason.
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Old Jul 17, 2003 | 07:43 PM
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Default Re: why is this type r so cheap? (thejdmkid)

Has anybody gotten a VIN # and run a CarFax for this yet?
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Old Jul 17, 2003 | 08:04 PM
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Default Re: why is this type r so cheap? (CivicSi2000)

I think thats about the 10th Type R Ive seen that was driven by an old lady....I never realized how into performance they were...
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Old Jul 17, 2003 | 08:51 PM
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Default Re: why is this type r so cheap? (fenix77)

Sites like Edmunds and Kbb take a selling price and depreciate it by a specific percentage each year. That can be accurate for many mass-market cars, but they can be very inaccurate for low-production cars like the ITR and the NSX.
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Old Jul 17, 2003 | 09:36 PM
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Default Re: why is this type r so cheap? (fenix77)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by fenix77 &raquo;</TD></TR><TR><TD CLASS="quote">I think thats about the 10th Type R Ive seen that was driven by an old lady....I never realized how into performance they were...</TD></TR></TABLE>

hahahahahahaha

isn't it ironic how such a low price might scare people away...as everyone here thinks there is something suspicious about the car...

i'm inclined to think there are a few idiots out there who have no idea what the value of their car is...
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Old Jul 17, 2003 | 09:40 PM
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Default Re: why is this type r so cheap? (nsxtasy)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by nsxtasy &raquo;</TD></TR><TR><TD CLASS="quote">Sites like Edmunds and Kbb take a selling price and depreciate it by a specific percentage each year. That can be accurate for many mass-market cars, but they can be very inaccurate for low-production cars like the ITR and the NSX.
</TD></TR></TABLE>


thats what i think
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Old Jul 18, 2003 | 05:21 AM
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Default Re: why is this type r so cheap? (nsxtasy)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by nsxtasy &raquo;</TD></TR><TR><TD CLASS="quote">Sites like Edmunds and Kbb take a selling price and depreciate it by a specific percentage each year. That can be accurate for many mass-market cars, but they can be very inaccurate for low-production cars like the ITR and the NSX.</TD></TR></TABLE>
I agree with this...

If that car was even remotely close to me, I would check it out...
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Old Jul 18, 2003 | 05:59 AM
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Default Re: why is this type r so cheap? (Haunt)

Simple. That's what the car is worth. The inflated price of ITRs is a result mainly of enthusiests. We know the car is sweet thus we pay wayy more than we should for it. The average person sees a year and miles, a 97 ITR should be bought and sold for ~13K. A 2001 SHOULDN'T BE GOING FOR STICKER. (I make a rare expection for the hott *** 97 ITR w/ 25 miles, that is a collectors item) It's our own faults we pay the inflated price. If no one on h-t buy a ITR for a super high price, they wont sell, prices get lower, to where they should be and everyone is happy.
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Old Jul 18, 2003 | 06:34 AM
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Default Re: why is this type r so cheap? (JoesTypeS)

I heard someone called them, I think yoshi, and they said something like the AC is broke. If it really is an old lady, I wonder if she knows it didn't come with AC. Maybe she had it put in as an option though. That would suck to pay of an an AC intall on a 97 R then have it not work. 50lbs of nothing at this point.
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Old Jul 18, 2003 | 07:19 AM
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Default Re: why is this type r so cheap? (fenix77)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by fenix77 &raquo;</TD></TR><TR><TD CLASS="quote">I think thats about the 10th Type R Ive seen that was driven by an old lady....I never realized how into performance they were...</TD></TR></TABLE>

Yeah, and a little old lady would surely go out of her way to get a license plate that reads OUR R
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Old Jul 18, 2003 | 07:22 AM
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Default Re: why is this type r so cheap? (Vitt1)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Vitt1 &raquo;</TD></TR><TR><TD CLASS="quote">

Yeah, and a little old lady would surely go out of her way to get a license plate that reads OUR R </TD></TR></TABLE>

if you guys read carefully, it says that it had been an old lady's daily driver "up until recently"... so what do you guys think? is this guy who is selling the car the original owner? or did he buy it off of the old lady?
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Old Jul 18, 2003 | 07:54 AM
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Default Re: why is this type r so cheap? (B U N M A N G O)

I missed the "up until recently"... part. Still, to me it would be more believable if it was an old man previous driver, as I've seen a few driving GSRs. Not sure how many old ladies enjoy driving a MT.

I guess requesting the vin # and checking on that is the best bet, especially with the *very straight frame* comment.
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Old Jul 18, 2003 | 08:02 AM
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Default Re: why is this type r so cheap? (nsxtasy)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by nsxtasy &raquo;</TD></TR><TR><TD CLASS="quote">Sites like Edmunds and Kbb take a selling price and depreciate it by a specific percentage each year. That can be accurate for many mass-market cars, but they can be very inaccurate for low-production cars like the ITR and the NSX.
</TD></TR></TABLE>

True, but Market dictates the price as well. If no one is going to pay 13500 for it, then they'll have to drop the price, or put it into a different marketplace....I know it would sell for more here.
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