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Discussion Starter · #1 ·
just thinking about the resale value of my car the other day. Does anyone think in a couple years a stock well cared for low mileage type s will have pretty good value? I figure by maybe 2012 enough of the type s will be modded to shit or crashed or have a ton of miles on it, maybe if i catch the right buyer someone will really want it. Doesn't first gen rsx respond better to kpro as well? Just being hopeful :laughing: thanks guys!
 

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Discussion Starter · #3 ·
not necessarily increase, but hold value better due to being a rare car. basically, will there come a day when people are willing to pay a little extra for a clean unmolested type s, say the way people covet teg type r? obviously rsx-s is way more common than type r teg...
 

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Luxury JDM Life =)
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The rsx's in general are losing value. Right now they are pretty cheap even if it has low mileage and clean. But the prices will go up due to it being a car in demand just like the neon srt-4.
 
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I look at the RSX like the MR2 Spyder or something. Not necessarily worth much money but really cool to see one that has been kept up.
 

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no car is an "investment" you are going to lose money regardless
Wrong.

Best friend's mom bought a '71 Challenger for list price in 1971. It sat in the garage since then almost. Has been offered $50k for it.

Tell me how that wasn't a good investment? Lol

EDIT: But I will def agree that RSX's will not increase in value.
 
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There are certain cars that retain there value. Like a mk4 twin turbo supra. Those thing sell for higher then msrp. I don't think a rsx is something that will though.
 

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OP if you want something with increasing resale value then invest in a house or something.

Cars are not an investment.
 

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it'll be rare when they're less than 1000 of them and there's a market for em.

Honda's sold like 500,000 RSX's over 6 years.

u just hold yer breath till it becomes rare.
 

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Vtak goes Bahhhh
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still rare considering the amounts of other cars you see on the street compared to the RSX:)
 

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Wrong.

Best friend's mom bought a '71 Challenger for list price in 1971. It sat in the garage since then almost. Has been offered $50k for it.

Tell me how that wasn't a good investment? Lol

EDIT: But I will def agree that RSX's will not increase in value.
Not to be a dick, but I will try to tell you why it's not a good investment.

1970 Challenger price in 2009 dollars = ~$17.5k

If your best friend's mom had taken that original $17.5k (of 2009 dollars) and instead put it in a virtually-risk-free 30-year treasury bond (which was 6% in 1971), that $17,500 would be equal to 17500 * (1.06)^38 = $160,200 today

That 160k is guaranteed money if you had held that bond until maturity. It can be seen as the guaranteed return on money held for long time periods. Hence, any investment should at least beat this figure in order to be called an "investment". Or else you could've just thrown that money into a bond, forgotten about it, and taken profit off those guaranteed returns in however many years.

$160,200 > $50,000, so the real rate of return on that car's purchase is actually negative, even though its nominal return seems to be "sky high" at $50k

Most people tend to grossly underestimate the opportunity cost of holding money (in this example, holding money in the form of a car).
 

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Wrong.

Best friend's mom bought a '71 Challenger for list price in 1971. It sat in the garage since then almost. Has been offered $50k for it.

Tell me how that wasn't a good investment? Lol

EDIT: But I will def agree that RSX's will not increase in value.
:rotfl::rotfl::rotfl:
every heard of compound interest?
lets say the car was $6,000 new. earning 6% for 37 years, compounded monthly, that would be over $50,000 today... so no, no gain. wow.
 

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Not to be a dick, but I will try to tell you why it's not a good investment.

1970 Challenger price in 2009 dollars = ~$17.5k

If your best friend's mom had taken that original $17.5k (of 2009 dollars) and instead put it in a virtually-risk-free 30-year treasury bond (which was 6% in 1971), that $17,500 would be equal to 17500 * (1.06)^38 = $160,200 today

That 160k is guaranteed money if you had held that bond until maturity. It can be seen as the guaranteed return on money held for long time periods. Hence, any investment should at least beat this figure in order to be called an "investment". Or else you could've just thrown that money into a bond, forgotten about it, and taken profit off those guaranteed returns in however many years.

$160,200 > $50,000, so the real rate of return on that car's purchase is actually negative, even though its nominal return seems to be "sky high" at $50k

Most people tend to grossly underestimate the opportunity cost of holding money (in this example, holding money in the form of a car).
word
 
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