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!
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...
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.
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).
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.
I would say "or something" I purchased a house in 04' for $85,000, today I would have a hard time selling it for $40,000! A house used to be a good investment, all depends where you live.
If a new Fast and Furious movie comes out with an RSX beating Supras and Skylines then all of a sudden, they become hot property. I DEF dont see that happening though...
yes i think so, honda will stop making small coupes with k20 engines, 06 usdm civic coupe looks like ass, and sedan is still not a coupe or close to jdm looking. 05-06 rsx coupe is as jdm looking and peformance parts from ITR you can get.
Stock or real estate in California a track home in San Jose in 06 is times Four that same 20k in Netflix is time 2k or 4million cars the supra from fast movie auction for millions old Porsche turbo Ferrari from eighties x20.
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Related Threads
?
?
?
?
?
Acura RSX, ILX and Honda EP3 Forum
29.7M posts
179.4K members
Since 2001
A forum community dedicated to Acura RSX, ILX and Honda EP3 owners and enthusiasts. Come join the discussion about performance, modifications, troubleshooting, K24 swaps, turbo kits, and more!