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How much is a 2001 ITR worth?

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Old Dec 10, 2001 | 01:19 PM
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Default How much is a 2001 ITR worth?

Hey guys, just a quick question... I am trying to sell my 2001 ITR, and I really don't know what is a fair asking price, as I see lots of high numbers, but I dont know what cars are really selling for. My car has only 2,300 miles, blk blk, completely stock, and very well kep, and I've been asking 24,000 in news papers and online, with no responses of any kind... any ideas? I mean its a mint condition brand new car, and no one seems interested.... I know the car is desirable, and I know 24,000 might be a little high to start in this market like it is, but whats good to ask, whats a good number to sell for, and how do I get people to at least respond!!! (Located in Philadelphia area)
-Jeff
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Old Dec 10, 2001 | 01:23 PM
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Default Re: How much is a 2001 ITR worth? (Spedeeman)

The market is soft right now - you might wait until you get a response - or if you must sell it I would start asking around the 21K range. 24 is way too high.
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Old Dec 10, 2001 | 01:26 PM
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Default Re: How much is a 2001 ITR worth? (Big Phat R)

Start asking at 21,000?? Good god!!! I only put 2,300 miles on the car, its brand new!!! I understand that its gonna depriciate some, but that much?? I mean if I ask21,000, im gonna have to sell in the teens by the time someone is done negotiating!! Is there any chance I can get 21,500 for the car, or am I dreaming?!? I NEED to sell the car ASAP, insurance is to high, and I found a sweet used BMW, so it needs to move, but I can get raped on the deal... the car is my baby!!
-Jeff
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Old Dec 10, 2001 | 01:27 PM
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Default Re: How much is a 2001 ITR worth? (Spedeeman)

car depreciates a lot when you first drive it off the lot. It may be a collector's item someday, but right now it's still kind of a new car.
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Old Dec 10, 2001 | 01:36 PM
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Default Re: How much is a 2001 ITR worth? (Spedeeman)

I NEED to sell the car ASAP, insurance is to high, and I found a sweet used BMW, so it needs to move, but I can get raped on the deal... the car is my baby!!
Which is the dilemma you have right now... high insurance cost, or you want a bimmer? To me, you want a bimmer over an ITR more than anything.
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Old Dec 10, 2001 | 01:43 PM
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Default Re: How much is a 2001 ITR worth? (Spedeeman)

I've said this before, and it is coming from a dealer but down here the local Acura place just sold a PY w/ 18,000 miles to this dude for $23,998. It had also been involved in an accident w overspray all over it. They prob threw in a 100k warranty but anyone can go add one on your car. The dude who bought that one probably wasn't educated too well about the value of money is my guess.
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Old Dec 10, 2001 | 01:47 PM
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Default Re: How much is a 2001 ITR worth? (Spedeeman)

I think you could get 22k for it. Now is not the best time to sell though. Market is kind of flooded.
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Old Dec 10, 2001 | 01:47 PM
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Default Re: How much is a 2001 ITR worth? (Spedeeman)

Most cars depreciate 15% in their first year (which in most cases is the minute you drive it off the lot).

You are best off trying to negotiate a trade in.
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Old Dec 10, 2001 | 01:53 PM
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Default Re: How much is a 2001 ITR worth? (Big Phat R)

I would try for '$23.5k OBO' and if you can't get more than $22k I would wait until spring. Mid winter is not a good time to sell a Type-R. $21k is too low.

You could call around some local dealers to see how much they would offer you for it. My guess is that they will offer $19k or so.
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Old Dec 10, 2001 | 01:57 PM
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Default Re: How much is a 2001 ITR worth? (norice)

I paid $23,485 for mine brand new. $24 for what is now a used car even if it has low milage. You'll be lucky if you get that.

Mattj
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Old Dec 10, 2001 | 01:59 PM
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Default Re: How much is a 2001 ITR worth? (Dropspeed)

I think someone on this board just bought a used one for $24 didn't they?
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Old Dec 10, 2001 | 02:41 PM
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Default Re: How much is a 2001 ITR worth? (jond)

I put mine up for 25k and have had a lot of people call...plus it is being sould this week. My car is a 2k with 25k miles and a hell of a lot of mods.
I guess you just have to find the right person

Keep tryin at 24k remeber they will never make the model again, 24k is not bad just give it a little while

By the way I have a Tiger Woods rookie card gem mint 10 I will sell for 1,500 I need the money let me know....this is the same card that has sold for 50k once after he won the grand slam


[Modified by kitkatR, 3:43 PM 12/10/2001]
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Old Dec 10, 2001 | 02:44 PM
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Default Re: How much is a 2001 ITR worth? (kitkatR)

you, kitkat, ya mind sending me the contact info of some of those people who offered you such high #'s? thanks,
Jeff
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Old Dec 10, 2001 | 02:50 PM
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Default Re: How much is a 2001 ITR worth? (Spedeeman)

**** I dont remeber I'll I know is the guy that is going to buy it and you arent getting that info
the only place I posted it was in the auto trader on the net, I got a lot of replies
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Old Dec 10, 2001 | 06:00 PM
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Default Re: How much is a 2001 ITR worth? (Spedeeman)

Don't worry someone will buy it!

Doug
92'vxR
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Old Dec 10, 2001 | 06:50 PM
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Default Re: How much is a 2001 ITR worth? (Spedeeman)

what ever you do don't take a loss! like the man said they will never make a car like this again. So hold on to it untill u get what you paid for it, there is a sucker born every minuet!!! Put in some big papers like hemmings or road & track someone will see it if it is to be seen! BE FIRM!
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