RE: Spotted: Honda NSX
Discussion
Japveesix said:
A 250 GTO also has 300bhp but is 50 years old and costs £20million plus. I guess it's all relative.
Doubt I'd ever consider buying an NSX for over £40k, but then even if I was a multi-billionaire I wouldn't spend £30m or so on a ferrari however pretty it is.
If people are buying NSXs for £40k plus then that's what they're worth. It's iconic, rare, has no modern honda equivalent, still looks cool and supposedly one of the ultimate driver's cars and I guess that appeals to some people.
Yes, this thread is pretty funny for "what a car should cost" posts - cars cost what people will pay for them. Simple as that.Doubt I'd ever consider buying an NSX for over £40k, but then even if I was a multi-billionaire I wouldn't spend £30m or so on a ferrari however pretty it is.
If people are buying NSXs for £40k plus then that's what they're worth. It's iconic, rare, has no modern honda equivalent, still looks cool and supposedly one of the ultimate driver's cars and I guess that appeals to some people.
Now the reasons WHY people pay more for certain cars...thats where it gets interesting.
Why are MK2 Escorts expensive? Why are E30 M3s expensive? Why have Testarossas and Countaches rocketed up in price in recent years? Why are cars with certain racing heritage (e.g. Le Mans) worth more than others (Touring car, Rally)? Escort Cosworths are 4x the price of Celica GT4 Carlos Sainz, even though both were head-to-head on the rally stages and equally quick on the road. Why are 2.7RS 911s worth a fortune, but later cars with the same chassis and more power worth peanuts?
These things are intangibles, its not a question of horsepower, lap times - its desirability. The NSX has enough "X-factors" to make it desireable above its performance or badge. Senna. The challenger that shocked Ferrari. A technological leap. The first useable supercar. These phrases mean more than performance stats to those willing to pay the money.
Well you know when a thread is dead when 'contributors' are summing up the cars based primarily on age and power output. I also don't understand why the haters keep finding alternatives to spend their money on. Cats and dogs.
These cars and many others are worth what they are, because people value them and are prepared to buy them. If you want a facelift NSX you have the choice of around two a year. Buyers who want these cars will snap these up. Usually privately through the forum. Some will stay here. Some will go abroad.
If it wasn't so tragic it would be laughable that people who have seldom seen these cars lest owned of driven them, should have such strong opinions about the value of something they obviously don't get and accordingly see no value in.
Perhaps we should start a thread on every car model that has increased in value recently.
I'll start you off with the TVR Sagaris. (£15-20K increase in the last 18 months).
Cheers.
Just read the last few post after I'd posted. Spot on. Finally some sense.
These cars and many others are worth what they are, because people value them and are prepared to buy them. If you want a facelift NSX you have the choice of around two a year. Buyers who want these cars will snap these up. Usually privately through the forum. Some will stay here. Some will go abroad.
If it wasn't so tragic it would be laughable that people who have seldom seen these cars lest owned of driven them, should have such strong opinions about the value of something they obviously don't get and accordingly see no value in.
Perhaps we should start a thread on every car model that has increased in value recently.
I'll start you off with the TVR Sagaris. (£15-20K increase in the last 18 months).
Cheers.
Just read the last few post after I'd posted. Spot on. Finally some sense.
Edited by Mouser73 on Friday 28th September 00:13
mjames75 said:
Wadeski said:
Yes, this thread is pretty funny for "what a car should cost" posts - cars cost what people will pay for them. Simple
Glad someone said it. End of thread i believe.Mouser73 said:
Guvernator,
Just out of interest, have you spent any time in any of the cars we are discussing i.e; E30 M3, NSX, R8 etc?
It sounds like you know the NSX really well.
Cheers.
Yes driven all 3. E30 M3 driven many examples. The chassis and handling are absolutely sublime, the power on tap isn't brilliant compared to modern cars but it's probably enough and a good balance for the rest of the car. It really is a lovely car to fling about, the lightness and communication is a breath of fresh air compared to modern sanitized cars. Are they worth the £60k plus now being asked for top examples, not on your nelly, I'd say £20k tops.Just out of interest, have you spent any time in any of the cars we are discussing i.e; E30 M3, NSX, R8 etc?
It sounds like you know the NSX really well.
Cheers.
NSX driven two first one for about an hour when I was into the Jap scene and did a swap\drive with my R34 and the second was when I got to look after one for a week when a friend was away. Brilliant handling if a bit lively when pushed hard, it is MR after all, lovely gearbox, awesome engine (yes it is fast enough) and with a decent exhaust they sound the nuts. Interior left a lot to be desired IMO but you could always do something about that to tart it up a little. After this I did a lot of research and almost pulled the trigger several times on one of my own but the timing was never right and life got in the way (as it does) and now the ship has sailed I fear as they are not worth the prices being asked for them now IMO.
Took an R8 for a test drive, it is IMO the closest in concept of current cars to a modern NSX, lovely NA motor with a great noise, great handling and brilliant gear change, all exactly the qualities I liked about the NSX except it's more modern, has significantly more grunt and 10 x better interior. I'd have one on my drive now if we weren't planning to start a family this year. The R8 will certainly cost more to own than a NSX especially if you take depreciation into account but it IS the better car at £50k if cost of ownership isn't your main concern and you value what a car is like to actually drive over the more unquantifiable "kudos" of owning an NSX.
Guvernator,
NA1s (3.0 cars) are still £20-25k for decent ones...likely to have more 'maintenance' costs but almost no depreciation risk and sensible servicing/tyres/classic insurance. And they deliver 90-95% of what an NA2 delivers (IMHO...sure some of the NA2 owners have their own opinions
).
At that price, they make a good alternative to an E30 or E46 M3, for example...
NA1s (3.0 cars) are still £20-25k for decent ones...likely to have more 'maintenance' costs but almost no depreciation risk and sensible servicing/tyres/classic insurance. And they deliver 90-95% of what an NA2 delivers (IMHO...sure some of the NA2 owners have their own opinions
).At that price, they make a good alternative to an E30 or E46 M3, for example...
havoc said:
Guvernator,
NA1s (3.0 cars) are still £20-25k for decent ones...likely to have more 'maintenance' costs but almost no depreciation risk and sensible servicing/tyres/classic insurance. And they deliver 90-95% of what an NA2 delivers (IMHO...sure some of the NA2 owners have their own opinions ).
At that price, they make a good alternative to an E30 or E46 M3, for example...
I'd agree NA1's are still pretty good value, it's the massively rising prices of the NA2 cars I can't get my head around. There really isn't too much difference between the two models but as others have said, it's like all of a sudden everyone's decided that they are now worth £15k more for some strange reason.NA1s (3.0 cars) are still £20-25k for decent ones...likely to have more 'maintenance' costs but almost no depreciation risk and sensible servicing/tyres/classic insurance. And they deliver 90-95% of what an NA2 delivers (IMHO...sure some of the NA2 owners have their own opinions
).At that price, they make a good alternative to an E30 or E46 M3, for example...
Guvernator said:
I'd agree NA1's are still pretty good value, it's the massively rising prices of the NA2 cars I can't get my head around. There really isn't too much difference between the two models but as others have said, it's like all of a sudden everyone's decided that they are now worth £15k more for some strange reason.
No disrespect, but it's like you're selectively post reading so that you don't have to face the fact that certain cars increase in value. In the case of the NSX numerous poster have explained why these cars are becoming sought after and how as a result, prices have risen. There isn't a strange reason, but lots of logical ones. It's plain that you do not value the NSX and others mentioned, at their current prices. But there are many who do. As a result, the 'right cars' continue to sell at a price that buyer and seller are happy with.
wadeski sums this up perfectly;
"These things are intangibles, its not a question of horsepower, lap times - its desirability. The NSX has enough "X-factors" to make it desireable above its performance or badge. Senna. The challenger that shocked Ferrari. A technological leap. The first useable supercar. These phrases mean more than performance stats to those willing to pay the money."
Cheers,
Guvernator said:
I'd agree NA1's are still pretty good value, it's the massively rising prices of the NA2 cars I can't get my head around. There really isn't too much difference between the two models but as others have said, it's like all of a sudden everyone's decided that they are now worth £15k more for some strange reason.
Far East.Sterling tanking like it has means RHD markets like HK, Singapore and Japan can buy-back UK market cars for (in their currency) bargain prices. e.g. E90-series 330i's are going East as well, not just NA2 NSXs.
As for why facelifts only...dunno...may be an age thing for imports over there, may be the updated look.
It's the same principle that's seen classic F-cars go silly...investors believing they're getting a bargain, meaning the cars become global chattels not local-market only. (Sterling dropping 40% equates to more than a £15k rise on facelift prices, IYSWIM)
I wouldn't pay £50k for an NSX*. I did pay a good bit less than that for one, and it is hands down the best car I've owned. I then sold it for a healthy price after a few years, given that it was quite possibly the only one of its kind (red, facelift, targa) in the country. A prospective buyer really wanted a red, facelift, targa NSX and my price was £xx for me to part with my car and sell it to him.
He obviously thought this was the only chance he'd get to own a red, facelift, targa NSX and he paid what my price was.
There you go. Supply and demand in action. Like land: they don't make it any more, so if you want some good land, you need to pay whatever someone is prepared to sell it for. On the comments earlier in the thread about, "did the owners get together and agree to add £x,000s to the prices", well not really - but in a small owner community where only a handful of cars are on the market at a time, it's pretty easy to keep track of who sold what and for how much, and you realise that there are people out there who are prepared to pay more because most of the NSXs out there are in the hands of enthusiasts who don't really want to sell unless it's really worth their while.
He obviously thought this was the only chance he'd get to own a red, facelift, targa NSX and he paid what my price was.
There you go. Supply and demand in action. Like land: they don't make it any more, so if you want some good land, you need to pay whatever someone is prepared to sell it for. On the comments earlier in the thread about, "did the owners get together and agree to add £x,000s to the prices", well not really - but in a small owner community where only a handful of cars are on the market at a time, it's pretty easy to keep track of who sold what and for how much, and you realise that there are people out there who are prepared to pay more because most of the NSXs out there are in the hands of enthusiasts who don't really want to sell unless it's really worth their while.
- There's a pearl white '05 facelift that I would happily pay a lot more than £50k for. It's unique and utterly, utterly lovely. And the one-owner-from-new has already turned down offers well over £60k.
ewand said:
I wouldn't pay £50k for an NSX*. I did pay a good bit less than that for one, and it is hands down the best car I've owned. I then sold it for a healthy price after a few years, given that it was quite possibly the only one of its kind (red, facelift, targa) in the country. A prospective buyer really wanted a red, facelift, targa NSX and my price was £xx for me to part with my car and sell it to him.
He obviously thought this was the only chance he'd get to own a red, facelift, targa NSX and he paid what my price was.
There you go. Supply and demand in action. Like land: they don't make it any more, so if you want some good land, you need to pay whatever someone is prepared to sell it for. On the comments earlier in the thread about, "did the owners get together and agree to add £x,000s to the prices", well not really - but in a small owner community where only a handful of cars are on the market at a time, it's pretty easy to keep track of who sold what and for how much, and you realise that there are people out there who are prepared to pay more because most of the NSXs out there are in the hands of enthusiasts who don't really want to sell unless it's really worth their while.
There is more than 1 pearl white facelift in the UK! He obviously thought this was the only chance he'd get to own a red, facelift, targa NSX and he paid what my price was.
There you go. Supply and demand in action. Like land: they don't make it any more, so if you want some good land, you need to pay whatever someone is prepared to sell it for. On the comments earlier in the thread about, "did the owners get together and agree to add £x,000s to the prices", well not really - but in a small owner community where only a handful of cars are on the market at a time, it's pretty easy to keep track of who sold what and for how much, and you realise that there are people out there who are prepared to pay more because most of the NSXs out there are in the hands of enthusiasts who don't really want to sell unless it's really worth their while.
- There's a pearl white '05 facelift that I would happily pay a lot more than £50k for. It's unique and utterly, utterly lovely. And the one-owner-from-new has already turned down offers well over £60k.
Sudesh said:
There is more than 1 pearl white facelift in the UK!
Really? The last 12 cars ordered into the UK had the option of colour combos that were never offered - the pearl white (as opposed to Championship or Grand Prix white) and red interior combo of Nigel's car are (AFAIK) unique:
ewand said:
Really? The last 12 cars ordered into the UK had the option of colour combos that were never offered - the pearl white (as opposed to Championship or Grand Prix white) and red interior combo of Nigel's car are (AFAIK) unique:
Spot on. It is the only 'factory' pearl white car in the UK. The other one is na1 and wrapped. Cheers.
ewand said:
I wouldn't pay £50k for an NSX*. I did pay a good bit less than that for one, and it is hands down the best car I've owned. I then sold it for a healthy price after a few years, given that it was quite possibly the only one of its kind (red, facelift, targa) in the country. A prospective buyer really wanted a red, facelift, targa NSX and my price was £xx for me to part with my car and sell it to him.
He obviously thought this was the only chance he'd get to own a red, facelift, targa NSX and he paid what my price was.
There you go. Supply and demand in action. Like land: they don't make it any more, so if you want some good land, you need to pay whatever someone is prepared to sell it for. On the comments earlier in the thread about, "did the owners get together and agree to add £x,000s to the prices", well not really - but in a small owner community where only a handful of cars are on the market at a time, it's pretty easy to keep track of who sold what and for how much, and you realise that there are people out there who are prepared to pay more because most of the NSXs out there are in the hands of enthusiasts who don't really want to sell unless it's really worth their while.
I remember when the owner turned up at a meet in it only a couple of days after picking it up, had something like 350miles on it. Had a chat with the guy that owned it and he was a lovely bloke, even took a couple of people for a ride in it.He obviously thought this was the only chance he'd get to own a red, facelift, targa NSX and he paid what my price was.
There you go. Supply and demand in action. Like land: they don't make it any more, so if you want some good land, you need to pay whatever someone is prepared to sell it for. On the comments earlier in the thread about, "did the owners get together and agree to add £x,000s to the prices", well not really - but in a small owner community where only a handful of cars are on the market at a time, it's pretty easy to keep track of who sold what and for how much, and you realise that there are people out there who are prepared to pay more because most of the NSXs out there are in the hands of enthusiasts who don't really want to sell unless it's really worth their while.
- There's a pearl white '05 facelift that I would happily pay a lot more than £50k for. It's unique and utterly, utterly lovely. And the one-owner-from-new has already turned down offers well over £60k.
Gassing Station | General Gassing | Top of Page | What's New | My Stuff