I know they're rare but...

Is it really likely that the car is going to hold its value? Don't you think the 2000/2001 market saturation ruined the possibility of a higher price?

honestly?

 

I think that the '97R and the '99Rs will hold their value .....because the 97s were the 1st to make it on USDM shores...

and the 99Rs were only available in Canada....

errr....course I'm biased cuz I own a '97...hehee...

other than that.... bAh...I'm done trying to BS outta this one!!

 

I dont think so. Its still just an integra. Look how bad the NSX dropped from 91 to now. Those people thought they were buying a Ferrari!! Honda will always be a Honda. Once New generation ITR comes, if ever, i trade mine in without a doubt.

ed
Y2K ITR #498
97 ITR #315 RIP

 

Sounds like my opinion...

With the massive theft going around... the cars that are not stolen will appreciate...
Less on the road = more worth for the ones that are out there.

William
-who hopes to own a classic one day

 

Its hard to say. I think they will lose value, although slower than most cars, for the next 10-15 years. Then I think they'll start to head back up to around what they sold for new adjusted for inflation.

 

Hahaha!!! Market saturation? Are you kidding? According to most figures, there are less than 6,000 ITR's in North America from 4 years of production.

Consider that Lexus had 7,000 orders for the $60,000 SC430 before it even came out (now that's a niche car if there ever was one). Honda sells 30,000 Civics a month. There's what, 5 million Explorers on the road?

I'd hardly call the ITR market saturated.

While I don't think this car is going to be worth a million bucks someday, it is going to hold it's value better than most other cars, and maybe in 30 years it will be a "classic" you see at the old guy car shows.


[Modified by xMetal, 9:24 AM 8/15/2001]


[Modified by xMetal, 9:24 AM 8/15/2001]

 

Hey, what about the Volvo! (j/k) ... anyways.

But back to the issue, I "appreciate" my 97 R every day I drive it !

 

Short term over the next few months and until a new Type R comes out, our cars are probably going to be worth as much as they were when we bought them. The Civic Si's are going for 15-17k right now with as much as 40,000 miles on them simply because there are no new Si's being sold.

If you want to get the most money from your ITR sell it in the next six months or so. IMHO anyway.

 

In my area, Civic Si's are going anywhere from $17,000 - $19,500...that's crazy. I had a '99, paid $16,750 and sold it a year later for $17,000. If this is any indication of valuations, then the ITR will hold its value extremely well. Acura's in general have excellent resale value...I wouldn't worry about substantial depreciation over the next few years.

 

ITR's that haven't been autocrossed/drag raced/road raced to death will be worth lots of money some day. Buick GNX's are fetching upwards of $45k (in time capsule condition) and the original sticker price in 87 was $28k. They've almost doubled in value in less than 15 years.

Granted, many ITR's will be wrecked, stolen and some will be driven into the ground. Therefore, 20 years from now they will be highly sought after collectible cars. Just like the 70 240Z, 66 AC Cobra 427, and, 87 Buick GNX. If you really want an expert opinion on this ask a real collector. They'll laugh in your face if you tell them that ITR's wont be a collector car. Remember this, multi-million dollar Ferrari GTO's from the 60's could be purchased brand-new by a wealthy American for under $10k. Does that say something about the appreciation of rare, race-ready cars? And for those who think "it's just an Integra" yeah ok buddy. You just keep on thinking that!

 

Well there goes the value of my car.

 

Hahaha, this is not a classic car, and never will be. It's a great little handling car, and don't believe anything more than that. Rare? Not really. Not anymore rare than a 95 Turbo MR2. That was it's last year.

Let's look at E30 M3's. FIA homologation special. A true race car for the streets, as they were required to build 5000 in order to race it. First car with a functional wing on the streets. One of the finest race car for the streets ever built. 195 hp 170 ftlbs. 83.5 hp/l back in 1988. $35k when new. Less than 5000 were shipped to the states. Know what? I'm probably gonna pick one up in the next week or two for under 14k. Even the rare 1991's (382 in the states) are under 15k now.

How about the Mercedes 190 2.3L 16 valve? Awesome car! Did you know about it? Probably not. Just another Benz right? Far from it.

So, let's see a show of hands for those who think this car is gonna be worth more than 10k in 5 years.

Warren

 

Appreciate? No
Retain value? Yes, to an extent.
Show up at a car show 30 years from now? Maybe, but it is not going to steal the show! No matter how much I love my Integra, it isn't a Shelby Cobra. Even though the ITR is a car that defines the near-beginning of the import racing "movement", imports are still pretty slow, overall. No flames please...but you have to remember that the muscle cars of the old days used to run 13's stock with EASE, whereas most imports today can barely run a 15.0. It is the HEAVILY modified drag imports that are gaining attention, not the well balanced ones (like the ITRs).

Oh, and Warren's points are great! The 95 Mr2 is a great example as they can still go for ~$20k!! They havent appreciated but have retained a good amount of value. Same story with the E30 M3. If anything though...I have a feeling that if the G4 ITR comes out, the G3 values will drop quite a bit. I expect the G4 to be a better performing car in ALL aspects, with a possible slight increase in weight (which I am sure will be SLIGHT), at a similar price point.

JMO...


[Modified by Yell00ITR, 7:41 AM 8/15/2001]

 

As long as people continue to steal Type-R's, the value for an original Type-R will gradually increase as the number of legitimate ones becomes thinned.

 

190 2.3 16 valve, yes I've driven one. Uhhh, not impressed. I worked in a euro mechanic shop for 2 years. So yes, I've driven an 86 930 Turbo, E30 Evo, Lotus Esprit Turbo and a few other rare euro cars. BTW Euro isn't my cup of tea if you didn't notice.

Whats the mileage and condition on the E30 your picking up? Has it been time capsuled since day one!? Didn't think so. Any rare, serialized car will increase in value if properly stored and maintained. I'd like to see anyone try and locate a flawless ITR with under 1k miles ten years from now. Good luck! Odgen ave motor sales in Chicago just sold an 87 GNX for $55k to a Japanese collector in July.
Who would thought in 87 that "just a Regal" would appreciate so much!? A GSR is a great handling little car, an ITR is a race-ready, serialized production car. Dont get the 2 confused. Locating a nice 95 GSR and a nice 95 MR2 T that hasn't been modded to death will take the same effort, plain and simple. ITR's are in a class of their own!


I dont know dude, your ITR may be beat to death, but you best believe there are plenty of ITR's on moth ***** that will shame all of our cars ten years from now!
The dealer where I bought my car sold a PY and FBP ITR to a collector that were both flatbedded from the dealer and NEVER registered. That same guy has a 97 and 98 on moth ***** as well. It's all pretty simple if you ask me. Cherish it and keep it in storage and will be worth it's weight in gold, beat the **** out of it and mistreat it and in wont be worth DICK! The same applies to all collectible cars!

 

or maybe because of the theft.....

William
-who thinks stealing sux.

 

Erm. I think you mean Japanese naturally aspirated import DRAG racing. Blah.

Warren

 

Warren brings up an interesting point. However, ask anyone with any knowledge of BMW's (me for example...) and they will tell that the E30 M3 is already a classic. Just because people who dont know are selling them for cheap (mainly high miles or mechanical problems) doesnt mean they arent a classic. Compare an 88 M3 to say an 89 325is. Both is showroom condition. The M3 will net 18-19, if not more, while the 325 will undoubtedly go for under 9. Thats just how it is. I know because I considered each when I was shopping for my car. I love the Type R because it is really rare. I dont see another one often on the streets. As far as I'm concerned, our ***** are classics, and will continue to be. As far as depreciation, well lets look at the price of a 98 GSR in 2004, and compare that to the price of a good condition 98 R. that will be the final answer.

Sorry for rambling

 

Actually that's not true. It's what muscle car guys would like us to beleive but ery few of them actually ran that quick. Only one Hemi ran in the 12's and they only made 250 of them. A few SS trim GM cars ran 13's, but the plain 1st Gen Z28's with a stock 350 ran 15's.

In fact, on average, todays cars are faster than ever before. They do it with more comfort, better safety, better gas milage and better handling too.

 

I think it has a very good chance, beacause a primary factor is the general memory of the car a couple decades down the road. The NSX is a super-sweet car, but for the money you can get a used ferrari or some other car that is more "inspiring"....most of us would love an NSX, but it's too far out of our reach to be in the realm of possibility. The Type R is an attainable icon of the "import scene" (hate that term sometimes), it's like The Judge or the Road Runner to a certain extent: Not that expensive, but instantly recognizable by TONS of people who care. In 20 years, when a Type R goes by it'll be very nostalgic...and I think that will mean a secure future for the value of the R. Just hang on to it, the rarity will do its work; but the enthusiasts who grow up and remember the cream of the crop will make it a classic.

 

what about the m3 lightweight. there aren't more than a thousand of those. When i was looking for a new car back in 98 i saw one of those going for 25k. Thats not retaining value very well.

The Type R didn't put a milestone into automotive history. it was just a nice drivers car.

It will retain its value as long as drivers want this car. As soon as the demand goes down so does our value. If our car starts to show its age, there is no way the demand will remain. I think our car will hold its value till something better comes out.

 

I don't know where you saw that M3 lightweight, but people on the East coast are willing to pay close to$40k!! There was one sold in Cambridge, MA for $35! They couldn't give them away when new, but people are trying to get them in mint condition.

 

I think less than 100 were shipped over...

William
-who would give his left nut for a clean E36LTW.

 

The Hemi you are talking about that ran 12secs outta the show room...is it the infamous Hemi 427 that you are referring to?

You guys want a collector car? Try to pick up a 1968 Daytona Charger... now that is a collector's car. How about a '66-'68 GT500? Yeah right well over $40,000 these days.

It's a shame that will be some of you ITR owners will not drive the car how it is suppose to be driven. I don't think Integras should be collector cars and moth balled up in a time capsule or something like that. It should be driven and enjoyed. Newer, faster, and better looking cars are coming out all the time. Enjoy the car while it is still fresh and can give you the sensation of driving a new sports car.

I don't think ITRs are meant to be trailer queens or sitting in storages packed up.

But again this coming from a GSR owner who doesn't own a ITR.

Laters

-AzianAvenger

 

I don't care..................I am going to make sure my Grand-kids see my ITR.