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what to pay for a 98 CWITR

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Old Sep 4, 2003 | 09:10 PM
  #1  
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Default what to pay for a 98 CWITR

what would you all pay (on average) for a 98 CW ITR that has never been touched.
totally stock, 36xxx miles in MINT condition?

thanks in advance....there may be a new ITR owner on this board
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Old Sep 4, 2003 | 09:13 PM
  #2  
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Default Re: what to pay for a 98 CWITR (bmheck5184)

KBB is $13,020 for used car retail...no more than that...i'd say around 12-12.5k
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Old Sep 4, 2003 | 09:27 PM
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Default Re: what to pay for a 98 CWITR (bmheck5184)

Plan to spend more than the KBB value. Trust me. Especially if it's a fellow enthusiast seling the car.

Also, I got a pretty good deal on my dearly departed 98 ITR in 2001. It was almost stock, had 32k miles on it, & I paid $17,700. And it was worth every penny.
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Old Sep 4, 2003 | 09:48 PM
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15-18
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Old Sep 4, 2003 | 11:59 PM
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Default Re: what to pay for a 98 CWITR (BauleyCivic)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by BauleyCivic &raquo;</TD></TR><TR><TD CLASS="quote">KBB is $13,020 for used car retail...no more than that...i'd say around 12-12.5k</TD></TR></TABLE>

Has to be the stupidest thing ive heard in my life.......If you can find me a clean/semi clean 98 ITR for 12k, let me know, i'll buy it ASAP then sell it for a profit, if you can find 50 of them @ that price, i'll buy all of them ASAP CASH.

Supply and Demand, KBB, Edmunds, etc none of that matters with our cars. Even insurance compnanies dont go off that bullshit. if someone wants a 98 CW ITR then they will pay whatever the seller wants for it. If you think 17-18k is too much for a 98 ITR, then the car probably isnt for you, or you just dont want it hard enough, because another enthusiast will gladly pay that much for one.
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Old Sep 5, 2003 | 05:26 AM
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Default Re: what to pay for a 98 CWITR (zyg)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by zyg &raquo;</TD></TR><TR><TD CLASS="quote">The only real peoblem is getting a bank to lend you more than the KBB or Edmonds retail amount, when the seller is asking a few thousand more ...</TD></TR></TABLE>

I thought this would be a problem with I was purchasing my 97. Most banks will take into account that it is a limited edition vehicle. Apparently vehicles that are numbered in a series are considered collectors right from the get go. When my bank desided to give me the $ I was supprised, I then asked why and they told me its because it is a collector. I paid $18,500 for my 97 R last year and it had 29,000 miles on it and exerything was in mint condition. Plus it had Comptech Icebox and Mugen lowdowns.
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Old Sep 5, 2003 | 05:26 AM
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Default Re: what to pay for a 98 CWITR (zyg)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by zyg &raquo;</TD></TR><TR><TD CLASS="quote">The only real peoblem is getting a bank to lend you more than the KBB or Edmonds retail amount, when the seller is asking a few thousand more ...</TD></TR></TABLE>

This is very true. However, due to the low mileage on the car, the bank SHOULD lend you $1,000-2,000 above their book value.
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Old Sep 5, 2003 | 06:24 AM
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Default Re: what to pay for a 98 CWITR (EbboyPSi)

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

This is very true. However, due to the low mileage on the car, the bank SHOULD lend you $1,000-2,000 above their book value. </TD></TR></TABLE>

Yes they should, but $1-2k is a lot on their terms. My bank only lent me 11,600 for it, a 98 for 13k with 91k miles. I don't mind the mileage one bit, and i'm sure I would have paid much more for a lower mileage car. I just ran my stats in edmunds, a 98r loses ~$1300 for high mileage(91k) and gains ~1300 for low mileage(30k). The private party price is still 12,800 with 30k!
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Old Sep 5, 2003 | 06:33 AM
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Default Re: what to pay for a 98 CWITR (apexii)

The thing about KBB and Edmunds are that they are meant to be used as a starting point. Personally I don't think their values are valid for the Type R and other limited production, collector cars.

The earlier point made about supply & demand is absolutely true.
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Old Sep 5, 2003 | 07:14 AM
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Default Re: what to pay for a 98 CWITR (ITRMunky 01-0839)

i feel ripped off...I bought my 98 for 17,000 w/ 64k on the clock
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Old Sep 5, 2003 | 07:19 AM
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Default Re: what to pay for a 98 CWITR (98cwitr)

i have a 97 salvaged type r on ground control coilovers, jdm 16inch rims with brand new falken azenis and futjisubo 2.5 inch exasut everything else is stock asking $12,000 firm
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Old Sep 5, 2003 | 09:32 AM
  #12  
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Default Re: what to pay for a 98 CWITR (98cwitr)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by 98cwitr &raquo;</TD></TR><TR><TD CLASS="quote">i feel ripped off...I bought my 98 for 17,000 w/ 64k on the clock</TD></TR></TABLE>
don't feel bad i paid 18g's for a cw itr with 27k miles
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Old Sep 5, 2003 | 09:43 AM
  #13  
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Default Re: what to pay for a 98 CWITR (opie112)

I paid 19k for a ITR 12k miles...but this was 3 years ago
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Old Sep 5, 2003 | 09:44 AM
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Default Re: what to pay for a 98 CWITR (opie112)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by opie112 &raquo;</TD></TR><TR><TD CLASS="quote">
don't feel bad i paid 18g's for a cw itr with 27k miles </TD></TR></TABLE>

That's actually a very good deal!
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Old Sep 5, 2003 | 09:47 AM
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Default Re: what to pay for a 98 CWITR (Cosworth)

thats less than HALF the miles...oh well what should I expect from a dealership? I just had to have it though
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Old Sep 5, 2003 | 09:53 AM
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Default Re: what to pay for a 98 CWITR (98cwitr)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by 98cwitr &raquo;</TD></TR><TR><TD CLASS="quote">thats less than HALF the miles...oh well what should I expect from a dealership? I just had to have it though </TD></TR></TABLE>

if you enjoy it, that's all that matters.. keep it safe and you'll probably get every penny back out of it..
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Old Sep 5, 2003 | 10:04 AM
  #17  
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Default

well, this guy is asking 15 and i thought it sounded like a good deal...now, someone buy my hatch
https://honda-tech.com/zerothread?id=505788
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Old Sep 5, 2003 | 10:06 AM
  #18  
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Default Re: what to pay for a 98 CWITR (mstewar)

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

if you enjoy it, that's all that matters.. keep it safe and you'll probably get every penny back out of it..</TD></TR></TABLE>

i cant even imagine selling my R, unless someone would like to trade me with an S2000
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Old Sep 5, 2003 | 10:53 AM
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Default Re: what to pay for a 98 CWITR (Cosworth)

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

That's actually a very good deal! </TD></TR></TABLE>
Thanks guy
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Old Sep 5, 2003 | 11:22 AM
  #20  
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Default Re: what to pay for a 98 CWITR (opie112)

I'm looking at a 98 CW ITR right now. Eibach lowering springs, intake, Apline CD player and Polk speakers. It is in EC but has 68,000 miles. He is asking $16,000 but says it negotiable. What do you guys think?
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Old Sep 5, 2003 | 03:12 PM
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Default Re: what to pay for a 98 CWITR (Aquafina)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Aquafina &raquo;</TD></TR><TR><TD CLASS="quote">I'm looking at a 98 CW ITR right now. Eibach lowering springs, intake, Apline CD player and Polk speakers. It is in EC but has 68,000 miles. He is asking $16,000 but says it negotiable. What do you guys think?</TD></TR></TABLE>

Where is EC anyway?

ps. for anyone who cases, im thinking about selling my IB built 2 liter 98 CW ITR soon


Modified by 2dark2bslow at 8:40 AM 9/6/2003
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Old Sep 5, 2003 | 08:07 PM
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EC = Excellent Condition.
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