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What is this 98 CW ITR worth?

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Old Dec 7, 2003 | 08:57 PM
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Default 98 CW ITR, whats it worth.....

Hey all. Trying to get an idea what this car is worth because my brother is looking at buying it.

98 CW ITR (theft title)
Only aftermarket stuff is the Alarm and they are throwing in a Mugen chipped ecu and it has a s2000 intake manifold or throttle body, can't remember which.
The car is immaculate, I personnaly know the people who reconstructed it and this would be the 4th car we have bought from them, all Honda products. I have no doubt at all about the work they do and in fact are the only people I would let do any mechanical work to my Honda.

Everything was rebuilt with OEM parts and everything that makes it an R is there. Just like it came off the showroom floor. The body is nearly perfect with maybe 2 door dings. Paint is all original and perfect.

The only drawback is that the motor is a GSR block with all ITR internals which is virtually the same thing other than the block says b18c1 instead of c5.

The interior is perfect as well. Like I said, this car is immaculate. It currently has coil over suspension that is down all the way but they are putting h&r springs under it.

What do you think this car is worth keeping in mind that I am 100% comfortable about their work and know that if anything needed to be fixed in te future they would take care of it. Just the way they are.

And do you think it would be a good trade for my 99 EBP SI in mint condition with clean title and the few mods listed in my sig?

Thanks in advance.

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Old Dec 7, 2003 | 09:25 PM
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Default Re: 98 CW ITR, whats it worth..... (TwistedSI)

How many miles on the motor and the car?

How many miles on your Si?

I'd say w/ salvage title and no actual C5 don't pay much more than $14k. I don't know if I'd trade your Si or not, trying to get full coverage on a salvaged car may end up being a hassle.
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Old Dec 7, 2003 | 09:30 PM
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Default Re: 98 CW ITR, whats it worth..... (Chris93Si)

im pretty sure its a s2k tb.....

i would pay like 10k for it......

keep your si
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Old Dec 7, 2003 | 09:32 PM
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Default Re: 98 CW ITR, whats it worth..... (Chris93Si)

Since the title is not clean and, hell, it doesn't even have an original R motor, I'd pay less than $14k for that.

If anything, a straight trade for your car would be decent, if not money back for you.
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Old Dec 7, 2003 | 09:34 PM
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Default Re: 98 CW ITR, whats it worth..... (reverie)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by reverie &raquo;</TD></TR><TR><TD CLASS="quote">Since the title is not clean and, hell, it doesn't even have an original R motor, I'd pay less than $14k for that.

If anything, a straight trade for your car would be decent, if not money back for you.</TD></TR></TABLE>

trade + cash on your part.........

thats a deal
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Old Dec 7, 2003 | 09:35 PM
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if it was rebuilt correctly then i would probly pay between $10K-$14K. but finding agood R is hard especially CW. so rally ask yourself how bad do you want it? are you willing to wait and look for another one? and how much can you afford to pay and willing to pay for it?
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Old Dec 7, 2003 | 09:45 PM
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Default Re: 98 CW ITR, whats it worth..... (Chris93Si)

Also the replacement value you can negotiate w/insurance. R is not always valued by them at the $16-18K+ we want to see. W/salvage, it could be even harder.
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Old Dec 7, 2003 | 09:46 PM
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Well, the car isn't really for sale because the current owner (the one who built it) really likes driving it and doesn't need to sell it but said if anyone came up to him with $15k it would be gone and he would sell it to my brother for $12k because he needs a car now. My brother really wants my SI so it was just a thought we were tossing around.

And the ITR has less than 20k miles on it and the title to my SI shows 16k miles back in march of this year.
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Old Dec 7, 2003 | 09:50 PM
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Default Re: (TwistedSI)

id say its not a bad deal..... but pretty good for 12 or so....bring it down even more
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Old Dec 7, 2003 | 10:06 PM
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Default Re: (HybridRacer)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by HybridRacer &raquo;</TD></TR><TR><TD CLASS="quote">id say its not a bad deal..... but pretty good for 12 or so....bring it down even more </TD></TR></TABLE>

They are pretty firm on 12 so there is no going lower. They are doing some other "Anti theft" stuff to it before he gets it and such. The main concern is if it gets stolen or something trying to get money out of insurance is going to be a pain and trying to sell it might be hard because of the block.
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Old Dec 7, 2003 | 10:06 PM
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Default Re: (HybridRacer)

haha, where can you even get salvaged type-r's?...-Roger
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Old Dec 7, 2003 | 10:10 PM
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$12k i say go for it.
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Old Dec 8, 2003 | 06:30 AM
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Default Re: 98 CW ITR, whats it worth..... (TwistedSI)

Keep the Si.

Much better off then that caR wannbe- just seems like alot of headahces
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Old Dec 8, 2003 | 07:43 AM
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Default Re: 98 CW ITR, whats it worth..... (Bbasso)

touche'....keep the si
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Old Dec 8, 2003 | 07:44 AM
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Default Re: 98 CW ITR, whats it worth..... (Chris93Si)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Chris93Si &raquo;</TD></TR><TR><TD CLASS="quote">How many miles on the motor and the car?

How many miles on your Si?

I'd say w/ salvage title and no actual C5 don't pay much more than $14k. I don't know if I'd trade your Si or not, trying to get full coverage on a salvaged car may end up being a hassle.</TD></TR></TABLE>

14k is too much for a rebuilt car with no actual C5.

I paid 14k for my CW 98 R with 65,000 miles on the motor, PERFECT Body, and decent interior. The Interiors of Type R's really do go fast.

I wouldn't pay more than 12k for that car, and that also depends on what the insurance values the car at. No sense in paying more for a car than it's worth. With the high theft rate, or chance of an accident, you could become upside down financial wise.

It's really a matter of "how much is the car worth to you?" If you are comfortable with their work and paying that much for a rebuilt car, then do so.

I'd keep the Si and look for another R.
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Old Dec 8, 2003 | 08:58 AM
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Default Re: 98 CW ITR, whats it worth..... (BenB)

I'd do it , that car looks soo good
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Old Dec 8, 2003 | 10:00 AM
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Default Re: 98 CW ITR, whats it worth..... (CivicSiR94)

If the car had a B18C5 with a salvage title, I would pay $10-$11k if the miles were low.

Subtract $5k for the non B18C5 and add perhaps $1-$2k for the GSR engine with mods.

I would not pay more than $7k for this car.

Ignore the I-don't-really-need-to-sell-it-but-I'd accept-$15k-but-for-you-$12k crap. Only a clueless buyer would pay either number.
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Old Dec 8, 2003 | 10:06 AM
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Default Re: 98 CW ITR, whats it worth..... (TwistedSI)

so wait...it's a Type R chassis with a GSR motor that has Type R internals
salvaged title and you want to trade with a clean title Si + cash? hmmmm. won't the guy trading the Si be on the short end of the stick? i don't know many Si owners who own clean cars trading their rides for a salvaged car. i mean if the guy wanted to sell the Type R someday, he won't get much out of it considering it doesn't have the original motor in it plus it doesn't have a clean title. i'm not really sure what's the value of a Type R with a GSR motor...but i'm sure it's less than $10k.
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Old Dec 8, 2003 | 10:48 AM
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Default Re: 98 CW ITR, whats it worth..... (acydphryck)

im gonna have to agree with some of the people here and say less than 10k for it. You have a clean title si (so did i, im in portland too, but i sold it, went from turbo to ctr internals, couldnt take it anymore! ) and that is pretty rare. Your car is much nicer, don't do it. Id buy it for around 7k as another car, but not a replacement. If you buy that car don't count on selling it for anything. Salvage titles aren't worth ****.
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Old Dec 8, 2003 | 03:49 PM
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That's a sweet pic of that R........
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Old Dec 8, 2003 | 04:50 PM
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Just to clear things up. I currently own the clean title SI. I got a screamin deal on it because it was supposed to be salvaged title but came up clean. And luckily I've learned that it was a repo and well taken care of prior so the car is immaculate.

The ITR is clean as hell. I mean it is super straight and flawless. My brother is going to buy this car to replace his EBP SI. He really wants another EBP SI but there isn't one available right now but he needs a car. He is going to buy the ITR to have a car and we were just tossing the idea around of him and I trading.
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Old Dec 8, 2003 | 05:07 PM
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Default Re: (TwistedSI)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by TwistedSI &raquo;</TD></TR><TR><TD CLASS="quote">
The ITR is clean as hell. I mean it is super straight and flawless.</TD></TR></TABLE>

Dude, it does not matter if it is clean enought to perform open heart surgery on, it is still a Type-R without a B18C5. That alone makes it worth $5k or so less than a perfect car. (And what about the tranny? Is it an ITR tranny with LSD or a GSR tranny?)

The addition of a salvage title only makes the story worse. Standard rule-of-thumb is to subtract 30-40% from the blue book value for a salvage title.

If you pay more than $7k for this car, you are going to take a serious bath when you resell.

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Old Dec 8, 2003 | 05:37 PM
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<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by norice &raquo;</TD></TR><TR><TD CLASS="quote">

Dude, it does not matter if it is clean enought to perform open heart surgery on, it is still a Type-R without a B18C5. That alone makes it worth $5k or so less than a perfect car. (And what about the tranny? Is it an ITR tranny with LSD or a GSR tranny?)

The addition of a salvage title only makes the story worse. Standard rule-of-thumb is to subtract 30-40% from the blue book value for a salvage title.

If you pay more than $7k for this car, you are going to take a serious bath when you resell.

</TD></TR></TABLE>

It is a ITR LSD tranny. I don't think the block being a gsr block makes the car worth $5k less. It has everything Type R except for the block. I know it is not an authentic block but it is the next best thing and performs the exact same. If it is a car that is going to be driven then there isn't anything wrong with having that motor, if it is for an "investment" then I would say it is a bad deal but this car is for simply one thing, driving.
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Old Dec 8, 2003 | 05:38 PM
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And if I could get the car for $7k I would just to strip it and sell of the parts.
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Old Dec 8, 2003 | 06:31 PM
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I don't think the block being a gsr block makes the car worth $5k less.

i agreewith you. jdm itr swaps go for 5k so even if the car had no motor/trannny then you should deduct 5k for the car, but for being just a gsr maybee 2k(the difference in the swap prices) its really up to you. if you really want it then go buy it. but i would not trade your SI for it. i would sell it then buy that car for $12k.
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