FS: 1997 Acura Integra Type R #296, Toronto Ontario Canada
09-22-2007, 08:23 PM
#1
n00b
Thread Starter
Join Date: Oct 2005
Posts: 34
FS: 1997 Acura Integra Type R #296, Toronto Ontario Canada
For Sale: 1997 Acura Integra Type R #296
Championship White.98,000kms (60,894 Miles)
2nd MATURE Owner, No Winters, Very well maintained. Very Clean inside and out.
Only modifications are an OEM JDM 4-1 Exhaust header with heat shields. Falken Azenis RT-615 Tires 205/50/15 and Prolumen 6000K HID's.
The original exhaust manifold will be included.
Only Motul Fluids were used.(5W-40 oil, RBF600 Brake Fluid, Motylgear transmission fluid)
All the minor and major matinence that is required around 100k has been done. Eg. Timing belt, spark plugs, wires, cap & rotor, etc..
NEW Price: $17,000 or best offer.
Located in Toronto, Ontario Canada.
Email for more pictures: i_bleaf@hotmail.com
Frank (416)559-5540
Serious Inquiries Please.
Championship White.98,000kms (60,894 Miles)
2nd MATURE Owner, No Winters, Very well maintained. Very Clean inside and out.
Only modifications are an OEM JDM 4-1 Exhaust header with heat shields. Falken Azenis RT-615 Tires 205/50/15 and Prolumen 6000K HID's.
The original exhaust manifold will be included.
Only Motul Fluids were used.(5W-40 oil, RBF600 Brake Fluid, Motylgear transmission fluid)
All the minor and major matinence that is required around 100k has been done. Eg. Timing belt, spark plugs, wires, cap & rotor, etc..
NEW Price: $17,000 or best offer.
Located in Toronto, Ontario Canada.
Email for more pictures: i_bleaf@hotmail.com
Frank (416)559-5540
Serious Inquiries Please.
Last edited by DirtyDiper; 10-24-2007 at 03:41 PM.
10-01-2007, 11:56 AM
#3
n00b
Thread Starter
Join Date: Oct 2005
Posts: 34
Car just came back from emissions the other day and passed with flying colours.
Ready to go. Keep the reasonable offers coming.
Ready to go. Keep the reasonable offers coming.
10-05-2007, 03:43 PM
#4
n00b
Thread Starter
Join Date: Oct 2005
Posts: 34
New Price: $18,500
The car is in spectacular shape. CDM 98 ITR and Baby NSX can vouch for this vehicle's condition and history.
The car is in spectacular shape. CDM 98 ITR and Baby NSX can vouch for this vehicle's condition and history.
10-15-2007, 05:56 PM
#7
n00b
Thread Starter
Join Date: Oct 2005
Posts: 34
Interest is rising. Who's going to step up to the plate? Accepting offers within reason.
10-18-2007, 10:22 AM
#9
n00b
Join Date: Feb 2005
Location: Barrie
Posts: 13
... you can find an itr for like 12-14k now with the same km's... still a sick car though!
10-18-2007, 11:04 AM
#10
Junior Member
Join Date: Apr 2007
Location: Canada
Posts: 161
I have saved on my computer in a word document, EVERY Type R that went up for sale this year in Ontario. This means Autotrader, and major Honda websites such as this one and Honda-Tech. The cheapest one off the top of my head is on there right now. A 98 with 176Km's that is in terrible condition for around $13K.
The price on this 97 is where it should be (approx. $17-$18K). Keep in mind that the 97 is the most rare out of all of them, and this one is stock and well cared for.
Btw, I save all the Type R sale ads for insurance purposes as a reference of the current market value for this vehicle, since black book values do not represent what these rare cars will bring in on the used market. Plus, black book value means ---- for a Type R considering these cars don't have a legitimate wholesale value.
10-18-2007, 11:47 AM
#11
Time to become a Premier Member!
Join Date: Mar 2003
Location: www.tittypalace.com
Posts: 3,994
Its worth $18.5k if someone is willing to pay $18.5k.
Its worth nothing if no one is willing to buy it.
Its worth nothing if no one is willing to buy it.
10-24-2007, 03:41 PM
#12
n00b
Thread Starter
Join Date: Oct 2005
Posts: 34
Need to Sell ASAP. $17,000 OBO.
10-25-2007, 01:25 AM
#13
Member
Join Date: Nov 2005
Location: to
Posts: 869
super clean 97, i dont understand why people pay alittle less and get a crappy condition R over this one. Good luck on the sale, I wish i had the money frank.
10-25-2007, 07:57 AM
#14
Senior Member
Join Date: Mar 2003
Location: Earth
Posts: 1,326
Also, I don't see why kilometers on a car makes it worth "less" - mileage on a Honda doesn't mean anything especially if the car was/is properly maintained. Look at that one with 600 thousand something miles that's still in good condition. Look at that 95 Civic that's rolling over a million miles. Maintenance is the key.
In fact, the ones with little kilometers scare me more than ones with a lot. I'd rather buy a car that I know was used than one that sat in a garage and kept looking pretty.
I don't know. Maybe I just see it as another car, whereas the masses see it as a treasured gold showpiece of Honda engineering. But the reality is, these cars are not worth what people ask for them.
The retail value according to my UVIP last year is $8000. The wholesale was $6000. If I told you all how much I did paid for mine, you'd ---- yourself. But then you'd look at the car and say, man, it looks like ----. Yes, it DOES look like ----, but I didn't buy this car because of its looks, nor did I care how good it looked (even to this day, I don't care how it looks). I bought it because IT'S A ------- RACE CAR.
Again, I am not knocking this car, the seller, nothing, so take my comments any way you wish. The point is, these cars are not worth what people want for them. It's unfortunate that market dictates their value and if there are people willing to pay that kind of money, then they are obviously worth the asking price. But, I feel so sorry for the idiot that chooses to overpay for a car.
End of rant. Good luck with your sale.
10-25-2007, 09:51 AM
#15
Member
Join Date: Jul 2006
Location: Thornhill
Posts: 529
You really want to know why? It's because these cars (all overpriced Type-Rs for the most part) aren't worth what people want for them. Now, this is not to say that this car isn't in great condition (it is in great condition, as I've seen it in person) but it's the fact that it is now a 10 year old car that's selling for around 6-7 less than when it was brand new 10 years ago. Really, what kind of depreciation is that? Look at trader.com (YES, dot com) and you'll see 00-01 Type-Rs in the 13-16 range, same amount of mileage, condition, etc.
Also, I don't see why kilometers on a car makes it worth "less" - mileage on a Honda doesn't mean anything especially if the car was/is properly maintained. Look at that one with 600 thousand something miles that's still in good condition. Look at that 95 Civic that's rolling over a million miles. Maintenance is the key.
In fact, the ones with little kilometers scare me more than ones with a lot. I'd rather buy a car that I know was used than one that sat in a garage and kept looking pretty.
I don't know. Maybe I just see it as another car, whereas the masses see it as a treasured gold showpiece of Honda engineering. But the reality is, these cars are not worth what people ask for them.
The retail value according to my UVIP last year is $8000. The wholesale was $6000. If I told you all how much I did paid for mine, you'd ---- yourself. But then you'd look at the car and say, man, it looks like ----. Yes, it DOES look like ----, but I didn't buy this car because of its looks, nor did I care how good it looked (even to this day, I don't care how it looks). I bought it because IT'S A ------- RACE CAR.
Again, I am not knocking this car, the seller, nothing, so take my comments any way you wish. The point is, these cars are not worth what people want for them. It's unfortunate that market dictates their value and if there are people willing to pay that kind of money, then they are obviously worth the asking price. But, I feel so sorry for the idiot that chooses to overpay for a car.
End of rant. Good luck with your sale.
Also, I don't see why kilometers on a car makes it worth "less" - mileage on a Honda doesn't mean anything especially if the car was/is properly maintained. Look at that one with 600 thousand something miles that's still in good condition. Look at that 95 Civic that's rolling over a million miles. Maintenance is the key.
In fact, the ones with little kilometers scare me more than ones with a lot. I'd rather buy a car that I know was used than one that sat in a garage and kept looking pretty.
I don't know. Maybe I just see it as another car, whereas the masses see it as a treasured gold showpiece of Honda engineering. But the reality is, these cars are not worth what people ask for them.
The retail value according to my UVIP last year is $8000. The wholesale was $6000. If I told you all how much I did paid for mine, you'd ---- yourself. But then you'd look at the car and say, man, it looks like ----. Yes, it DOES look like ----, but I didn't buy this car because of its looks, nor did I care how good it looked (even to this day, I don't care how it looks). I bought it because IT'S A ------- RACE CAR.
Again, I am not knocking this car, the seller, nothing, so take my comments any way you wish. The point is, these cars are not worth what people want for them. It's unfortunate that market dictates their value and if there are people willing to pay that kind of money, then they are obviously worth the asking price. But, I feel so sorry for the idiot that chooses to overpay for a car.
End of rant. Good luck with your sale.
I happen to think the price of TYPE R parts like seats, steering wheels, cams, complete engines etc... are ridiculously expensive, but there does seem to be a ready and willing sector of the public that will pony up the cash for it.
10-25-2007, 10:47 AM
#16
Senior Member
Join Date: Mar 2003
Location: Earth
Posts: 1,326
Agree with most of what you said, but you lost me when you said "It's unfortunate that market dictates their value" why is it unfortunate? Doesnt the market decide EVERYTHING'S value?
I happen to think the price of TYPE R parts like seats, steering wheels, cams, complete engines etc... are ridiculously expensive, but there does seem to be a ready and willing sector of the public that will pony up the cash for it.
I happen to think the price of TYPE R parts like seats, steering wheels, cams, complete engines etc... are ridiculously expensive, but there does seem to be a ready and willing sector of the public that will pony up the cash for it.
His original asking price was 18Gs. When I first saw that price, I laughed at it - like, this guy is joking, right? Much like that other guy selling his 98 with 68km for 19Gs - again, are these people serious? Or how about the real 96 JDM one for 25Gs back in the summer - what the hell? When people are over asking for a car that isn't realistically close to that price, that's what makes it unfortunate. It's really too bad there are people out there willing to put down that kind of money - and if you ask me, you CAN get a car of equivalent value for less money - you just have to look around.
Yes, it's the whole addage of you have to pay to play but I'm not willing to put down more money for something that I know I can get for a lot cheaper or get a better value for the dollar. I know a guy that sold his 01 R for 16Gs - absolutely mint condition, less than 100K kms, rebuilt motor since he pooched it at VIR. But because I know the owner well and I know he knows how to care for his car, I would be willing to put the 16Gs down for it. Other people probably would be hesitant because of the motor but again, I'd rather have that motor since it's fresh, rather than one that's 10 years old.
If you want another example of an R that I would have paid the money for - Edwin's R. Again, I know the owner, I know how it was cared for. I wouldn't have a problem putting the money down for it - I believe it sold for around 17Gs. Or even Doug's if he ever sold it. Again, I know he knows how to take care of it, so I would have no issues or concerns with buying it (again, if it were for sale).
There are certain Rs that are worth their value and others that I wouldn't touch, based on what I've said above and in my other post. If the market says that this one is worth 17Gs, fine. But I'm not going to pay that price. I will keep my 17Gs, look for another R that I will get a better value for with my money. And they are out there - you just have to look for them and keep an open ear. But again, maybe it's just me.
10-25-2007, 08:51 PM
#17
Junior Member
Join Date: Apr 2007
Location: Canada
Posts: 161
I hear what you guys are saying, I do, but you guys have to understand that this is a special vehicle. This is one of the pioneers of this scene, and the main reason that there are so many parts available for every other type of Integra. The Type R is the greatest front wheel drive car ever made, and has destroyed the best everyone else has had to offer since it came over here in 97. No other front wheel drive car in history has had this type of recognition, or has seen as many recent podium spots in motorsports across the globe. This car has the biggest cult following of any import car in the world. Whether someone knows what it is or not, they've heard of a Type R.
I'm sure you all know this (whether you admit it or not) already, but it is this reason why the market dictates the value. There is no wholesale value for this car, and there is no retail value. There is only what the seller wants to sell for, and what the buyer is looking to spend. This is the way it will be from here on in. Prices for this limited edition car will plateau, and than start to rise as it gets older. People from our generation will start to reach middle age and the desire for this car will increase much like the muscle car scene as it sits now. Imagine a late 60's Stang going for over $100K which has happened a hundred times, considering the thing sold for $3 Grand brand new. Supply and demand. The Type R has the same staying power, and will start to increase in price in time.
I bought my Type R 2 years ago with 70K on the odo for $18500, and it was worth every penny .... to me. There was nothing else on the road that performs like this car, is as fun, and has the same amazing community of owners (very much so including all Integra owners) that this car has. It's the total package. There is the unfortunate byproduct of snobby Type R owners, but that comes with the territory. And we are NOT all like that at all.
For Franks car, is it worth what he's asking? Well, that depends on the buyer. Would I buy it for $17K? Hell yes. Name me one other car on the road for that price that has all the aforementioned characteristics. There isn't one in my books. Is this car overpriced? Well, since there is no way to judge that, than no. Wholesale means ----, retail means ----. It's the agreement between buyer and seller. Is an old muscle car worth 500 times its asking price? Well according to wholesale and retail markets, no. Will someone buy it for that price? Yep. And it's only getting worse.
Not trying to argue at all, because I know exactly where you guys are coming from. And Brian, you make great points about mileage and Honda's reliability, but on the collectors side of things mileage is king.
Good luck on the sale, Frank.
I'm sure you all know this (whether you admit it or not) already, but it is this reason why the market dictates the value. There is no wholesale value for this car, and there is no retail value. There is only what the seller wants to sell for, and what the buyer is looking to spend. This is the way it will be from here on in. Prices for this limited edition car will plateau, and than start to rise as it gets older. People from our generation will start to reach middle age and the desire for this car will increase much like the muscle car scene as it sits now. Imagine a late 60's Stang going for over $100K which has happened a hundred times, considering the thing sold for $3 Grand brand new. Supply and demand. The Type R has the same staying power, and will start to increase in price in time.
I bought my Type R 2 years ago with 70K on the odo for $18500, and it was worth every penny .... to me. There was nothing else on the road that performs like this car, is as fun, and has the same amazing community of owners (very much so including all Integra owners) that this car has. It's the total package. There is the unfortunate byproduct of snobby Type R owners, but that comes with the territory. And we are NOT all like that at all.
For Franks car, is it worth what he's asking? Well, that depends on the buyer. Would I buy it for $17K? Hell yes. Name me one other car on the road for that price that has all the aforementioned characteristics. There isn't one in my books. Is this car overpriced? Well, since there is no way to judge that, than no. Wholesale means ----, retail means ----. It's the agreement between buyer and seller. Is an old muscle car worth 500 times its asking price? Well according to wholesale and retail markets, no. Will someone buy it for that price? Yep. And it's only getting worse.
Not trying to argue at all, because I know exactly where you guys are coming from. And Brian, you make great points about mileage and Honda's reliability, but on the collectors side of things mileage is king.
Good luck on the sale, Frank.
10-25-2007, 09:55 PM
#18
Senior Member
Join Date: Jul 2005
Location: anywhere but here
Posts: 1,836
the new asking price for this car is pretty reasonable comparing it with other itrs for sale, specifically 97s on itrca and the like. the thing is that those cars when they sold, it took a while, so if you want to get top dollar for a clean example like this (assuming it's never been hit on the unibody, has all the original vin stickers on the body panels and motor/tranny), you'll have to be patient as i think this car has only been on the market for the past month.
generally people who are interested in a type-r like this are either 1) cheapasses or 2) have no money. i'd pay a premium for a clean, low mileage, unmolested type r with the original usdm/cdm nose like this, if i had the money like others who can appreciate a car like this.
generally people who are interested in a type-r like this are either 1) cheapasses or 2) have no money. i'd pay a premium for a clean, low mileage, unmolested type r with the original usdm/cdm nose like this, if i had the money like others who can appreciate a car like this.
Last edited by dc24me; 10-25-2007 at 10:00 PM.
10-25-2007, 10:44 PM
#19
Senior Member
Join Date: Mar 2003
Location: Earth
Posts: 1,326
Hey Ryan:
I hear you. We're all on the same page mainly because we all understand and know what this car is. The general populous probably don't have a clue, but as you said, they've probably heard of it, especially if they're into cars.
Again, maybe it's just me. And I'm not trying to be argumentative or trying to bash this thread or anything - as I said earlier that the car IS in great condition, I just wouldn't pay his asking price. And I know there is probably someone out there that is willing to put the money down for it - I still think they're crazy, though.
I will say buying mine was damn well worth it. Even though I didn't want to get the car for what it was, it was just too good a deal to say "no" to - I pretty much had to get it because I would have kicked myself a lot if I didn't. And maybe I'm thinking this way because of mine ... or I'm just getting old and bitter.
I hear you. We're all on the same page mainly because we all understand and know what this car is. The general populous probably don't have a clue, but as you said, they've probably heard of it, especially if they're into cars.
Again, maybe it's just me. And I'm not trying to be argumentative or trying to bash this thread or anything - as I said earlier that the car IS in great condition, I just wouldn't pay his asking price. And I know there is probably someone out there that is willing to put the money down for it - I still think they're crazy, though.
I will say buying mine was damn well worth it. Even though I didn't want to get the car for what it was, it was just too good a deal to say "no" to - I pretty much had to get it because I would have kicked myself a lot if I didn't. And maybe I'm thinking this way because of mine ... or I'm just getting old and bitter.
10-26-2007, 05:54 PM
#20
Junior Member
Join Date: Mar 2003
Location: Mississauga
Posts: 438
Bryan, you make good points, but not relevant to market value.
The ITR market is not a phenomenon to everyone. Like you admitted, willing people to meet DirtyDiper's asking price do exist! People do infact pay this much. I know it baffles you, or is an anomaly, but the people are the market.
So, that means... IT IS WORTH IT.
The demand dictates the market worth. The Type-R HYPE interests people. That's all it is; HYPE. The Acura Integra Type-R brings happiness, it makes people happy. Vtec climax in third gear is orgasmic. People pay for this stuff.
The market is a reflection of what people presently desire. And presently, the ITR shelf life looks healthy (steady).
I wish I bought shares of RIM. Blackberries now support Facebook. Despite the cheap *** camera and ugly operating system, knowing I can slip my facebook friends in my pocket, and poke females while I sit on the white bowl, make me happy... and everyone else too, so it seems. (Their stock trades at $115! Less than a year ago, it was around $40).
DirtyDiper, good luck with the sale. Should be an easy sale if you exposure it well enough, practice patience well enough.
Anyhow, I gotta go exercise my bowels, check my facebook.
Last edited by acurreo; 10-26-2007 at 05:56 PM. Reason: typo fix
10-27-2007, 08:48 AM
#21
n00b
Thread Starter
Join Date: Oct 2005
Posts: 34
Thanks guys for all the positive response.
The Car as of last night has been officially Sold. Not for my asking price but not where I gave it away, like most potential buyers were asking. For all those that were serious, and never jumped at it, you missed out on one of the cleanest well kept 97 ITR's around.
For the individuals who thought Edwin's R was mint, I was in it after he sold it, and I wouldn't share the same opinion. Nice car, but an well used car.
The spot in my garage, where I once parked the R has been replaced with a different species. 4wd + Turbo =
The Car as of last night has been officially Sold. Not for my asking price but not where I gave it away, like most potential buyers were asking. For all those that were serious, and never jumped at it, you missed out on one of the cleanest well kept 97 ITR's around.
For the individuals who thought Edwin's R was mint, I was in it after he sold it, and I wouldn't share the same opinion. Nice car, but an well used car.
The spot in my garage, where I once parked the R has been replaced with a different species. 4wd + Turbo =
10-27-2007, 04:37 PM
#24
Member
Join Date: Jul 2007
Location: Brampton
Posts: 772
------- lol ur gonna have fun driving in the winter
10-28-2007, 12:12 AM
#25
Time to become a Premier Member!
Join Date: Mar 2003
Location: MFE/956
Posts: 4,146
10-28-2007, 01:21 AM
#26
Post Whore
Join Date: May 2005
Location: Hamilton
Posts: 2,657
No offence Frank, but Edwin is more meticulous than you. And his car WAS mint.
10-28-2007, 01:57 PM
#27
n00b
Thread Starter
Join Date: Oct 2005
Posts: 34
I was in Edwin's R literally the day after it was sold, it had temp plates on it.
Trust me, if you seen my R just before it sold, you would be taking that back.
Regardless, my R is gone now, and I'm moving on. John good luck with your sale, your GSR is one of a kind, super mint, and for anyone looking for a well kept GSR, this is it.
Trust me, if you seen my R just before it sold, you would be taking that back.
Regardless, my R is gone now, and I'm moving on. John good luck with your sale, your GSR is one of a kind, super mint, and for anyone looking for a well kept GSR, this is it.