Car values

[lotusolly]

Just updated my car valuation with the insurance company following the midnight purple sale on collecting cars.

95 manual coupe with 106K miles. Few mods Procar bonnet with Type R duct and undertrays, Mode 4 front bumper, KW3 suspension and Tubi exhaust. Resprayed seven years ago.

Agreed valuation £85K

Looks like the insurance companies are recognising the increasing value of the cars. :)

Olly

[Papalazarou]

That’s good. Mine’s at £90k. Should be more.

Cheers.

[Bonners]

Gulp....you really think such a valuation is accurate? If I may enquire, how much did you increase it's valuation by (appreciate you may not want to share) and what did it add to the cost of your insurance?

I just renewed my insurance and kept it at the same number I paid for the car last year. Marginally less mileage than yours but valued/paid way less. As per another thread posted just in the last day or so people are asking a lot of money for these beauties right now, but does anyone know someone who's paid +£80k for one...or even £60k? Mint R models aside perhaps.

[Papalazarou]

Gulp....you really think such a valuation is accurate? If I may enquire, how much did you increase it's valuation by (appreciate you may not want to share) and what did it add to the cost of your insurance?

I just renewed my insurance and kept it at the same number I paid for the car last year. Marginally less mileage than yours but valued/paid way less. As per another thread posted just in the last day or so people are asking a lot of money for these beauties right now, but does anyone know someone who's paid +£80k for one...or even £60k? Mint R models aside perhaps.

Mine was valued at £80K last year. But decided it wasn’t enough. If you look at the JDM cars of similar age/miles/condition, they are around £100K. I think the increase in premium was around £40.
If you look on PH, a 96 targa with mid 40k miles sold for £90K last year. I know the buyer. A 97 targa with 92k miles sold for £76,500 and there is currently a 10k mile 92 car at auction that right now with a few hours. That is at high 80’s incl commission.
Based on these and the general scarcity of good straight manual cars. I’d say it’s about right.

Cheers.

[Bonners]

Right, best make a call then. I was only speaking to them on Monday and it doesn't renew for a few days yet so will investigate!

[Papalazarou]

Right, best make a call then. I was only speaking to them on Monday and it doesn't renew for a few days yet so will investigate!

Let us know how you get on. Based on that auction and other cars that have sold in the last six months. I think there’s a good case for higher valuations.

[Bonners]

The swine's charged me an additional £10 for increasing her value by £30k! ;)

[matpp]

Makes me wonder what mine's worth.....any idea out there?

[Bonners]

Buttons mate, I'll give you £25k, you should bite my arm off.

[Papalazarou]

Just taken another look at the JDM NSX’s for sale on carsensor and goo. If you look well, you will notice that the quality of stock is pretty average. Sure there are some great cars for sale at the higher price range, but most of the current stock is pretty tatty. I’m talking about £70-80K cars with previous accident damage, tatty unoriginal interiors; wrong seats, tears in seats, excessive wear, wrong wheels, trim painted wrong colour, corrosion (surprising for jdm cars). Just not good.
Anyway, it makes me think two things; 1. The Japanese market is running out of good stock. And 2. They think that because the NSX has finally ascended, that people will buy any old rubbish for good money! What do we think?
As a footnote. I find it interesting that Ferrari has now become the cheap (unless you use it) option for 90’s junior supercars. The Porsche 993 and Honda NSX now consistently higher on price.

[NZNick]

James, you are quite right. There are fewer mid-range NSXs that are not ultra-low mileage, or modified high-milers - perhaps it is a seasonal thing, I don't know.

I look on kuruma-ex.jp - currently there are six NA2-engined NSXs, only one of which has a price, the rest are POA. That one priced example - 217k GBP...

[rkanaga]

A low mileage NA1 just sold at Brightwells for £113K + 5% commission.

https://www.brightwells.com/timed-sale/5237/lot/553472

Two on Collecting Cars did not make their reserve though.

[rkanaga]

oops, just realised this was discussed on another thread ;-(

[Papalazarou]

A low mileage NA1 just sold at Brightwells for £113K + 5% commission.

https://www.brightwells.com/timed-sale/5237/lot/553472

Two on Collecting Cars did not make their reserve though.


Was that collecting cars America?

[NSX100]

Was that collecting cars America?

Following on from the other thread on a similar topic, what is quite remarkable now compared with previous is the very few NSXs for sale on Pistonheads. Currently, there are only 7 classic style ones for sale of which only TWO are manual. Pre-Covid there were typically 20 or more at a time. Where have they all gone or rather why are there so few for sale? And how does this implied rarity impact the price?

[Papalazarou]

Following on from the other thread on a similar topic, what is quite remarkable now compared with previous is the very few NSXs for sale on Pistonheads. Currently, there are only 7 classic style ones for sale of which only TWO are manual. Pre-Covid there were typically 20 or more at a time. Where have they all gone or rather why are there so few for sale? And how does this implied rarity impact the price?

I think it’s interesting that more people aren’t selling, considering the healthy increase in prices. I guess this is a mix of winter, covid and the historical lack of stock. Perhaps also, that these cars are keepers for most owners unlike most other performance cars.
So anything good and rare should be worth good money, but there is a hierarchy in terms of models/colours/transmission etc. it will be interesting to see whether the large increase in living costs and this bloody horrible war/invasion, sorry ‘SPECIAL OPERATION’ will effect peoples decisions.

[Graham]

Let's see how much this one goes for!

https://www.carfarm.com.hk/.../honda-nsx-na1-manual-2/ (https://l.facebook.com/l.php?u=https%3A%2F%2Fwww.carfarm.com.hk%2Fen%2Fpr oduct%2Fhonda-nsx-na1-manual-2%2F%3Ffbclid%3DIwAR0l8oMCYdCMa8iqDlndB2o6hLfrNqv0 9XW8OokYjSXnDa1k0gsiDIWLwrM&h=AT2_sW2tDqVrkvVC34cRl7K6MtCSvz6viHQrnbalunVyIwLB lZ6xW_7luX0FPFqRIadxArj35Hl27Zmr9r83uXiNQa5YBZl8X-1KgJIICMKMQAAs5TtA1gMWmdGuNVFKgw1IA51v8DWg&__tn__=R]-R&c[0]=AT2HmrbPO8rzeerUP7sOAmWnVvrBER3O1lVt5ev_jQQ9F55Fi vR_0Svgfym9AbQuJNRLtOq-6PlIey0PqTuX-FZAGqXedq_zq_UnnPImeRdrnANT2T1hDF439og_e5QxbJEYpzR RHJy9LrAT--mDnRQwb1X4e-7Gwu0uTMSvKw0whnYrrID3-L_Tkb3mY-J1ImulA1YcjeGSdQ1tCqoC_ryRGEBahQ9m-F60ZQPV)

[NSX100]

Let's see how much this one goes for!

https://www.carfarm.com.hk/.../honda-nsx-na1-manual-2/ (https://l.facebook.com/l.php?u=https%3A%2F%2Fwww.carfarm.com.hk%2Fen%2Fpr oduct%2Fhonda-nsx-na1-manual-2%2F%3Ffbclid%3DIwAR0l8oMCYdCMa8iqDlndB2o6hLfrNqv0 9XW8OokYjSXnDa1k0gsiDIWLwrM&h=AT2_sW2tDqVrkvVC34cRl7K6MtCSvz6viHQrnbalunVyIwLB lZ6xW_7luX0FPFqRIadxArj35Hl27Zmr9r83uXiNQa5YBZl8X-1KgJIICMKMQAAs5TtA1gMWmdGuNVFKgw1IA51v8DWg&__tn__=R]-R&c[0]=AT2HmrbPO8rzeerUP7sOAmWnVvrBER3O1lVt5ev_jQQ9F55Fi vR_0Svgfym9AbQuJNRLtOq-6PlIey0PqTuX-FZAGqXedq_zq_UnnPImeRdrnANT2T1hDF439og_e5QxbJEYpzR RHJy9LrAT--mDnRQwb1X4e-7Gwu0uTMSvKw0whnYrrID3-L_Tkb3mY-J1ImulA1YcjeGSdQ1tCqoC_ryRGEBahQ9m-F60ZQPV)


Based on current UK prices the HK price seems comparable and realistic.

[Graham]

No mention of gearbox in or out of the snap ring range, and reading the blurb, it used to be Formula Red!!

[Papalazarou]

Interesting car. Painted in yellow with OE wheels painted white. I like the way it looks. I don’t like the unpainted panel bolts! Why go to the trouble of painting the car completely, then leave the bolts? And then there’s the double din stereo. But at least it hasn’t broken the centre console.
Also a combination of UK and JDM stickers. Hate the red callipers on a yellow car with white wheels. Who’s brilliant idea was that?
Anyway, currently at £68K. Which is not bad for a non original, but clean looking car (from the photos).

P.s, why hasn’t that car at torque sold yet and who likes the white auto on PH? Looks like a good car for a manual conversion?
Just a question for this massively busy forum; what is the more saleable car; a colour changed manual or an auto manual conversion?

[Graham]

Well, the Yellow (used to be red) NSX in Hong Kong didn't sell. "Auction expired due to no bids". !!!!!!
Looks like the reserve was 700,000 Hong Kong dollars which is about £68,900.

[Papalazarou]

Well, the Yellow (used to be red) NSX in Hong Kong didn't sell. "Auction expired due to no bids". !!!!!!
Looks like the reserve was 700,000 Hong Kong dollars which is about £68,900.

Not surprising. Colour change is pretty unwise for an investment.