RE: Pinch-me Honda Integra Type R for sale

[d_a_n1979]

Koolkat969 said:

Another low mileage example here @ £19,995. Looks decent. Great if they can get the asking price but not sure I've even seen one sold at that price on collecting cars even.

https://www.ebay.co.uk/itm/304063141166

Nah; stupid price...

c£10-£12k I reckon, but nowhere near £20k!

As daft as this EK9 on eBay: https://www.ebay.co.uk/itm/174832430626

Nearly £25k; aye, ok...

[Koolkat969]

d_a_n1979 said:

Nah; stupid price...

c£10-£12k I reckon, but nowhere near £20k!

As daft as this EK9 on eBay: https://www.ebay.co.uk/itm/174832430626

Nearly £25k; aye, ok...

Great car but yeah, price is questionable. If it was an extremely low mileage example, then possibly I think - for a collector.

[BrotherMouzone]

Koolkat969 said:

Another low mileage example here @ £19,995. Looks decent. Great if they can get the asking price but not sure I've even seen one sold at that price on collecting cars even.

https://www.ebay.co.uk/itm/304063141166

I’d like to know if it’s been garaged from new. #milanopink

[The Rotrex Kid]

BrotherMouzone said:

Koolkat969 said:

Another low mileage example here @ £19,995. Looks decent. Great if they can get the asking price but not sure I've even seen one sold at that price on collecting cars even.

https://www.ebay.co.uk/itm/304063141166

I’d like to know if it’s been garaged from new. #milanopink

It does look very, very red.

[The Rotrex Kid]

d_a_n1979 said:

Nah; stupid price...

c£10-£12k I reckon, but nowhere near £20k!

As daft as this EK9 on eBay: https://www.ebay.co.uk/itm/174832430626

Nearly £25k; aye, ok...

Amazing how the pricing has gone a bit silly on these. £25k is a bit silly.

[Jonstar]

Koolkat969 said:

Another low mileage example here @ £19,995. Looks decent. Great if they can get the asking price but not sure I've even seen one sold at that price on collecting cars even.

https://www.ebay.co.uk/itm/304063141166

Looks a nice example, but more like £15k I think. Still good value considering they sell for significantly more in the US amongst other countries and they don't get the recaros, momo wheel or titanium gearknob.

[Koolkat969]

Jonstar said:

Koolkat969 said:

Another low mileage example here @ £19,995. Looks decent. Great if they can get the asking price but not sure I've even seen one sold at that price on collecting cars even.

https://www.ebay.co.uk/itm/304063141166

Looks a nice example, but more like £15k I think. Still good value considering they sell for significantly more in the US amongst other countries and they don't get the recaros, momo wheel or titanium gearknob.

Yes I'll agree.....more like 15k but I guess it's ultimately worth what someone is willing to pay for it.

How about this EK9, 4k km and estimated at £75k at an auction in Japan. Mind boggling!

[chrismc1977]

Koolkat969 said:

Another low mileage example here @ £19,995. Looks decent. Great if they can get the asking price but not sure I've even seen one sold at that price on collecting cars even.

https://www.ebay.co.uk/itm/304063141166

It certainly looks decent visually - but by no means a minter.

Needs wheels painting, proper tyres, rebushed, bolsters & no doubt all the other bits I ended up doing on mine…

Regardless of the low mileage it’s a 20year old car now.

I’m also very wary of buying something so niche that’s advertised on an online auction site

[Jonstar]

Koolkat969 said:

Yes I'll agree.....more like 15k but I guess it's ultimately worth what someone is willing to pay for it.

How about this EK9, 4k km and estimated at £75k at an auction in Japan. Mind boggling!

This is true, my valuations are way off. This 104k example just sold for £16k.

https://www.autotrader.co.uk/car-details/202106193...

Which makes the earlier example seem relatively cheap.

[chrismc1977]

Jonstar said:

This is true, my valuations are way off. This 104k example just sold for £16k.

https://www.autotrader.co.uk/car-details/202106193...

Which makes the earlier example seem relatively cheap.

The car at the start of the thread has been advertised for a long time now but hasn’t been snapped up. It tells you all you need to know sadly….

[havoc]

chrismc1977 said:

The car at the start of the thread has been advertised for a long time now but hasn’t been snapped up. It tells you all you need to know sadly….

A very few cars (of any model) are worth the high (silly?) prices that get bandied around and hit the headlines - low mileage, good bodywork, good history.

Then there are the decent cars, the sort that we all probably own...usually well maintained, maybe needing a little TLC, but certainly well used. The trouble comes here when owners believe their car is a minter and expect the silly prices, instead of a 'good' price.

...and then there are the dogs. Might not need putting down, but certainly need a lot of love.


The trouble when buying is (a) as above, a seller's opinion of their car; and (b) assessing, on quick inspection, how far up/down the spectrum a particular car falls. Especially when it's being auctioned*, or when a dealer has got hold of it and rolled that particular turd in glitter...


* Caveat emptor DOUBLY applies there, but too many people are getting sucked-in by investor frenzy.

[Jonstar]

chrismc1977 said:

The car at the start of the thread has been advertised for a long time now but hasn’t been snapped up. It tells you all you need to know sadly….

That's because the car at the start of the thread is well known to be a dog, definitely would have sold a long time ago otherwise.

[chrismc1977]

Jonstar said:

That's because the car at the start of the thread is well known to be a dog, definitely would have sold a long time ago otherwise.

Correct!

As Havoc says- so many people getting on the bandwagon now as well.

I’m appalled by the number of ITR’s I’ve seen in recent times with poorly constructed, half ar*ed adverts that maybe 10yrs ago would have been your rock bottom £2.5k-£3k tired &/or poorly modified examples.

These same kind of cars are now getting the FB crowd worked-up as being great value & should be snapped up @ £13k I suspect these folk are the young lads that also bought such cars & clearly want their (average) examples to shoot up in value.

Clean, unmodified & cherished DC2’s are now pretty scarce so will genuinely be worth good money. To my mind a very average DC2 will always be just that though. You’d never ever catch me paying strong money for anything less than a minter.

Of those I’ve seen advertised at strong money (now £15k+) - I’ve been able to find fault with all of them as well.

No easy task finding a ‘genuinely’ very good one nowadays…

[Jonstar]

chrismc1977 said:

Correct!

As Havoc says- so many people getting on the bandwagon now as well.

I’m appalled by the number of ITR’s I’ve seen in recent times with poorly constructed, half ar*ed adverts that maybe 10yrs ago would have been your rock bottom £2.5k-£3k tired &/or poorly modified examples.

These same kind of cars are now getting the FB crowd worked-up as being great value & should be snapped up @ £13k I suspect these folk are the young lads that also bought such cars & clearly want their (average) examples to shoot up in value.

Clean, unmodified & cherished DC2’s are now pretty scarce so will genuinely be worth good money. To my mind a very average DC2 will always be just that though. You’d never ever catch me paying strong money for anything less than a minter.

Of those I’ve seen advertised at strong money (now £15k+) - I’ve been able to find fault with all of them as well.

No easy task finding a ‘genuinely’ very good one nowadays…

Indeed, there's a very clear distinction now between the highly modified often tracked and rusty examples often seen on Facebook and the relatively standard well looked after examples at the top end of the market.

Your best bet nowadays is to look for a standard non rusty car ideally with as few owners as possible. Budget for a refresh and you will have one of the greatest drivers cars of all time for a reasonable outlay and before prices start getting too silly as we're are seeing in the US market https://hypebeast.com/2019/10/1997-acura-integra-t...

[chrismc1977]

Done. Mine’s a keeper.

Safely tucked up in my garage before a further mini-refresh.

It’s not what I’d class as ‘mint’- but very tidy & exceptionally usable.

Whilst I’m not doing a lot with it at the moment I really couldn’t bring myself to ever part with it.

[Jonstar]

Yours looks lovely on the readers car thread!

[chrismc1977]

Jonstar said:

Yours looks lovely on the readers car thread!

Thank you. Much appreciated

[havoc]

I was talking to a couple of mates the other day about all these lower-end cars going up in value, and we came to the conclusion that unless you had the mintiest, lowest-mileage car going, you wouldn't make a big return*:-

- Assume your car goes from £5k to £15k in 10 years. You've got £10k potential profit in that.
- ...but, unless you can SORN and barn-store it, you'll have 10 years of VED, of insurance, services and arguably at least one rust repair.
- ...so you're down to a couple of hundred quid a year profit at best, maybe pennies. Potentially not bad, but hardly big money over 10 years.
- ...so the only people that DO profit are those who ARE investors, who have the space to store it, who do almost nothing to/with the car and then flog it on to someone like-minded.**

Otherwise you may as well take advantage of what, IF you sell the car, becomes free motoring. It's not an investment and it's still got the cash outflow of an old car (i.e. no cheaper if done properly than a modern PCP), but you end up with a lot of cash at the end.



* Homologation specials like the E30 and RS500 obviously excepted, but I'm talking run-of-the-mill 205 GTis, DC2s, Clio Trophy's etc...even E46s. Next step up in rarity or desirability (NSX, RX7, Supra, E46 CSL..) it's possible.

** Which to me is completely wrong - all these cars SHOULD be enjoyed...

[A_DHE]

I see the car from the advert has now been sold, anyone on here buy it? and if so all good with the car?

[Koolkat969]

havoc said:

I was talking to a couple of mates the other day about all these lower-end cars going up in value, and we came to the conclusion that unless you had the mintiest, lowest-mileage car going, you wouldn't make a big return*:-

- Assume your car goes from £5k to £15k in 10 years. You've got £10k potential profit in that.
- ...but, unless you can SORN and barn-store it, you'll have 10 years of VED, of insurance, services and arguably at least one rust repair.
- ...so you're down to a couple of hundred quid a year profit at best, maybe pennies. Potentially not bad, but hardly big money over 10 years.
- ...so the only people that DO profit are those who ARE investors, who have the space to store it, who do almost nothing to/with the car and then flog it on to someone like-minded.**

Otherwise you may as well take advantage of what, IF you sell the car, becomes free motoring. It's not an investment and it's still got the cash outflow of an old car (i.e. no cheaper if done properly than a modern PCP), but you end up with a lot of cash at the end.



* Homologation specials like the E30 and RS500 obviously excepted, but I'm talking run-of-the-mill 205 GTis, DC2s, Clio Trophy's etc...even E46s. Next step up in rarity or desirability (NSX, RX7, Supra, E46 CSL..) it's possible.

** Which to me is completely wrong - all these cars SHOULD be enjoyed...

I think you're spot on with the points you make. However, I don't think most people go in to make a profit with the Teg and the other cars you mention. I think it just so happens most people want/buy them because they are the Hero cars that they'd always dreamed and read a lot about and the forces of supply and demand have acted accordingly as per prices.

As they say, a car is only worth what someone is actually willing to pay for it so as long as both parties are happy with the deal, fair play!