Prices going up higher for the CTR!

[Nightshifter]

https://www.motorbiscuit.com/impossibe-depreciate-used-honda-civic-type-r/

Sponsored

 

[Nightshifter]

Due to nationwide inventory shortages, we were unable to find matches for your search.

 

[Sleepy]

2020 boys let’s go… I figured the market would get a little crazy, but it makes sense for the MY20-21 to be more desirable to some people. Then throw in limited production due to Covid…

 

[Nightshifter]

2020 boys let’s go… I figured the market would get a little crazy, but it makes sense for the MY20-21 to be more desirable to some people. Then throw in limited production due to Covid…

Black Book Value on 2020 ...

 

[VashTheStampede]

2020 boys let’s go… I figured the market would get a little crazy, but it makes sense for the MY20-21 to be more desirable to some people. Then throw in limited production due to Covid…

I owned an AP1 S2000 for some time, and I was always struck by how inflated AP2 prices were compared to the AP1 - the AP2 was a better cruising car, and fun to drive, but the 9k redline in the AP1 was always my favorite thing. Anyway, that minor Honda refresh to the AP2 made people go bonkers. I think the refresh to the FK8 is doing the same - the little tweaks to the suspension and driver quality updates like LKA are very nice. I think it’s having a huge impact on the market, but that’s just my opinion.

With that said, the consensus seems to be that there are something like 20-25k FK8s in the US, compare that to over 60,000 S2000s in the US, and you’re going to see some seriously crazy shit in this market in the next 5-10 years. The 2022 Si being dumbed down doesn’t bode well (again, in my opinion) for the next Type R, so we may all be sitting on some seriously appreciating assets.

 

[TypeSiR]

Just enjoy driving the car you have instead of thinking it as an investment. Even for the rare AP2 S2000, with an original $37300 MSRP, fetching $50000 or $60000 today after 13 years pales in comparison to simply compounding that money at 8% per year. I doubt the FK8 will do better than the AP2 after 13 years. Drive it or sell now is my best advice.

 

[Nightshifter]

https://www.washingtonpost.com/us-policy/2021/10/28/used-car-prices-chip-shortage/

 

[WhatThePuck]

He's in california where they will pay 900k for a used Fiat with four missing wheels and no engine.

I'm in Colorado. And I'm a girl.

 

[Byron Sexton]

There is nothing exciting ...or good about this.

 

[CTR39322]

My 21 with 2500 miles got 45200 from Carvana and 46000 from carmax.

 

[lexro]

My 21 with 2500 miles got 45200 from Carvana and 46000 from carmax.

Can you get them to compete against each other? lol

 

[JerseyJerk]

I test dove a 2019 today, 13,000 miles selling for $42k.

I gotta say, the mods killed it for me. It had a GReddy DDR exhaust that gave me a headache after about 5 minutes, and when I put it in R mode and opened up, exhaust filled the cabin. Obviously there is a leak from a bad install. My only other gripe is the infotainment is awful. I'm pretty bummed out, I would love to buy one if I could find a stock car.

 

[SmokeGhost]

not for nothing, but i hope yall have a garage for your fk8. i have a feeling theft is a consideration we should think about as well.

 

[VashTheStampede]

Just enjoy driving the car you have instead of thinking it as an investment. Even for the rare AP2 S2000, with an original $37300 MSRP, fetching $50000 or $60000 today after 13 years pales in comparison to simply compounding that money at 8% per year. I doubt the FK8 will do better than the AP2 after 13 years. Drive it or sell now is my best advice.

I don’t buy cars as investments, nor do I think anyone in this thread purchased this car as an investment - with that said, I’m one of the few that considered buying a brand new S2000 CR because the dealers couldn’t give them away. They languished on car lots and were selling at a discount. Adjusted for inflation, the AP1 was $50,000, and not in the same class as the Type R; underneath everything the Type R is still a civic.
Regardless, we are all sitting on an appreciating asset, and I will take you up on your thought that this car won’t be an appreciating asset in 13 years. I believe you will still pay close to new car MSRP if you want one. It’s not going to make money, but it won’t lose it.

 

[OLDRICR]

This is what Vroom offered me on my CTR LE, 2990 miles. Not looking to sell it but was curious what they'd offer anyway. I bought it for $49,750 brand new.

Carvana offered me 54K, I’m definitely tempted to take it!