[B+O]

Neither does NTSB when they investigate an aircraft crash. What's your point?

that equation is similar to making an argument about appraisal values and the NHTSA.

Try again.

 

[kcappraiser]

Seriously, some of you guys would pay that much? How much does an auto to 6 speed conversion cost? So if I convert my car to a 6 speed it would be worth around that?

http://www.acura-legend.com/vbulletin/showthread.php?t=109944

 

[B+O]

Seriously, some of you guys would pay that much? How much does an auto to 6 speed conversion cost? So if I convert my car to a 6 speed it would be worth around that?

http://www.acura-legend.com/vbulletin/showthread.php?t=109944

numbers won't match.

The 6spd "Numbers-Matching" cars (LS/GS) cars are rare. They're rare because in today's money, the cars sold for $58-60,000...If the numbers don't match you'll hurt the value.

 

[legendvr]

that equation is similar to making an argument about appraisal values and the NHTSA.

Try again.

I think you missed my point.
You're looking for a good way to determine the value of a car at a sale, not to determine the value for the insurance sake.
What insurance uses to determine car's value is a related, but is a separate question.

 

[B+O]

I think you missed my point.
You're looking for a good way to determine the value of a car at a sale, not to determine the value for the insurance sake.
What insurance uses to determine car's value is a related, but is a separate question.

if you're going to look at it rationally look at it from a really rational stand point/ Look at it for what insurance will pay you if the car was destroyed in a fire, flood, or wind tragedy. if you're going to go by what its fair market value is, take a look at what it's FAIR market value is. You can't try to dabble in both pots.

fair value is 11k for an unmolested GS6. If this dude starts out at 14k that's a fair calue to start negotiations. The car is stupid rare...

Going by the genuine VIN, it's a REAL 1995, not a 94 listed as a 95. So few GSs were sold in 95 it's ridiculous. Even fewer were manual transmission 6spds. Yet and still, even fewer are in the condition this one is in.

14k is an okay negotiating point. the guy knows what he has, there's no denying that.

I have to really disagree with on this one. I bought mine for $7800 with full service records. My car has 85K on the dash when I bought it. It was a 1995 Sherwood Green GS as well. Even though it was an automatic I highly doubt a 6spd transmission justifies a nearly $6100 difference in price. If anyone has doubts, they can ask Daddymac117 how clean my Legend was. (Plus it was tastely modded!)

Sorry to tell you bro, the auto and mods were a hit to your resale. Nonstock suspension can EASILY cost you 2000-2500 dollars resale. Nobody wants a car that's been modded if they're spending 10 large. Non stock headlights, can hurt your resale too. Modded cars are NOT going to fetch more money, regardless of how tasteful (or tasteless) they are modded. you threw in everything you had when you sold the Legend to nick for and that's the only reason he gave you what he did. but then you went and sold the stuff you sold to him to someone else.

The only cars that actually gain value are cars tuned by real name brand corporations. DINAN, RENNtech, AMG, BRABUS, MUGEN, Mine's, etc.

 

[legendvr]

if you're going to go by what its fair market value is, take a look at what it's FAIR market value is. You can't try to dabble in both pots.

Hmm... that's what I'm doing.

14k is an okay negotiating point.

Based on what data do you base these conclusions?

Sorry to tell you bro, the auto and mods were a hit to your resale.

Again, based on what data do you say this?

 

[Tyson]

Again, based on what data do you say this?

IMO: Stock cars do better on used car market, price wise. No in-hand example right here and right now, but I've been watching Legends for sale for the last 5-6 years. I'm having my coupe put back together right now at the bodyshop, and it's going to be ALL stock when I get it back. No HIDs, no clear corners, and I'm even considering putting the OEM Bose HU back in it.

Whether it's valid or not, the first thing I think of when I see a Legend on Autotrader with an aftermarket air intake is, "This car's been raced by some teenage kid who bought performance parts on Ebay." While I totally realize that this perception is far from the truth in many cases, it's just where my thought process starts -- and I immediately lose all interest in purchasing the vehicle.

And what Ivan says is legit regarding production numbers. We've tried sourcing definitive figures for years without any luck, but what we do know is that 94-95 GS 6MT's were a very, very rare breed.

Bottom line: That's not to say that just because something is rare means it's worth twice book value to Average Joe. It's not. It MAY very well be, however, worth twice book value to someone who knows the car, someone who knows how hard it is find, and someone who isn't buying the car just as "a car."

 

[Daingus]

Has anyone seen what this guy is selling his other rides for? Are the rest at reasonable prices? If so, then I gotta hand it to the guy for knowing our breed of cars. If I had extra loot (like used as stuffing for my Pillows extra) I'd sure pick it up.
We should be greatful for the sake of our own resale value. And hey, if you are selling your Legend, post on Autotrader while his is still up (which it has been for a few Months now...if that's any inclination to its price being too high).
Cheers to any company willing to sacrifice turns for quality ownership.

(Thread makes me feel good about owning a true '95 GS 6spd).:yes:

 

[legendvr]

And what Ivan says is legit regarding production numbers. We've tried sourcing definitive figures for years without any luck, but what we do know is that 94-95 GS 6MT's were a very, very rare breed.

Again, I find it a bit silly that on one side you say "very, vary rare", and on the other "We've tried sourcing definitive figures for years without any luck". This makes it impossible to put a number on anything... including the fare market value of the car.

Bottom line: It MAY very well be, however, worth twice book value to someone who knows the car, someone who knows how hard it is find, and someone who isn't buying the car just as "a car."

This is a trivial answer that is applicable to any object... be it a car or a watch. However, it says little, if anything, about how to appraise such an object.
Do you go by blue book, twice the blue book, half the blue book?!

One thing is for sure, there are no takers from here, so far, for this car, nor for the 38k mile Legend coupe 6-speed... and that tells me that a lot more about the "true value" of the car.

 

[Tyson]

Again, I find it a bit silly that on one side you say "very, vary rare", and on the other "We've tried sourcing definitive figures for years without any luck".

You want some numbers? I'll take the current Autotrader listings as a sample, then. Nationwide search as of 9/17/07 at 1:04 p.m. Pacific time.

Total number of 1994-1995 Legend sedan automatics currently listed: 127
Total number of 1994-1995 Legend sedan manuals currently listed: 5

Manual 94-95 sedans account for only 3.8% of those currently on the market.

This makes it impossible to put a number on anything... including the fair market value of the car.

Then why is this even a debate? If nobody knows what it's worth, and everyone thinks it's worth something different, then nobody has the right answer.

Done.

 

[Smokinfastlegend]

legendvr, your debating with the wrong people. $14g's is a good point to start negotiating, if the price was firm, thats a different story.

And ivan, insurance companies do use NADA for valuing your car, State farm told us that is what they used to price our 5spd after our accident.

 

[dasficktauf]

why is everyone so opinionated about a car that is listed with a high price on auto trader.. a few have made the point.. that it helps OUR resale value.. which it does.. everyone knows the old addage.. when you don't need to buy a car.. you see 1000 amazing deals that you wish you could jump on.. then by the time you have the option of buying a car.. and you want something specific.. all those amazing deals have vanished

kinda how i jumped into my legend.. i already had a dependable car.. with EXTREMELY low maintinence costs ( hell i only paid 650 for the car)

but i happened accross an ad for a high mileage legend in decent shape for..what i considered dirt cheap for this car... 92 ls sedan auto 250k miles.. and a handful of issues.. for 1900

i HAD to jump on it though.. these cars are worth it

and with the high priced enheirant ( sp?) problems they have.. finding a very nice.. low mileage one.. to me atleast.. is clearly worth WAY more than a brand new civic DX.. which comes in at just under 15k with no options

i opted for the low priced fixer upper because i love knowing my vehicle inside and out.. and what better way to get aquainted than to bury yourself elbow deep in a car?

then you can take personal pride in a car that YOU made nice.. rather than taking pride in a car that MONEY made nice

 

[drewLegend]

Any car is worth what someone's willing to pay and what the owner will take. NADA, KBB etc. don't mean a thing when it comes to certain cars, whether some care to believe it or not.

The E36 M3 I just got was KBB valued at something like $10.6k, try n' find any comparable E36 M worth two shits for that price. The ones you find for those prices are laughable in comparison.

 

[StimulusPackage]

if you're going to look at it rationally look at it from a really rational stand point/ Look at it for what insurance will pay you if the car was destroyed in a fire, flood, or wind tragedy. if you're going to go by what its fair market value is, take a look at what it's FAIR market value is. You can't try to dabble in both pots.

fair value is 11k for an unmolested GS6. If this dude starts out at 14k that's a fair calue to start negotiations. The car is stupid rare...

Going by the genuine VIN, it's a REAL 1995, not a 94 listed as a 95. So few GSs were sold in 95 it's ridiculous. Even fewer were manual transmission 6spds. Yet and still, even fewer are in the condition this one is in.

14k is an okay negotiating point. the guy knows what he has, there's no denying that.

Sorry to tell you bro, the auto and mods were a hit to your resale. Nonstock suspension can EASILY cost you 2000-2500 dollars resale. Nobody wants a car that's been modded if they're spending 10 large. Non stock headlights, can hurt your resale too. Modded cars are NOT going to fetch more money, regardless of how tasteful (or tasteless) they are modded. you threw in everything you had when you sold the Legend to nick for and that's the only reason he gave you what he did. but then you went and sold the stuff you sold to him to someone else.

The only cars that actually gain value are cars tuned by real name brand corporations. DINAN, RENNtech, AMG, BRABUS, MUGEN, Mine's, etc.

B+O, where do you come up with some of this stuff? You mean to tell me a non-stock suspension that a lot of "enthusiasts" on this board have on this same board cost me $2000-$2500? The average person in the market for a Legend like mine probably would not have cared less. JDM's too? Get real... I NEVER once tried to say my car was worth more than what I sold it for. I sold it to Nick for an amount that made me willing to part with it. (Just for the record, $8,000. Where $10,000 came from I have no idea...) I hadn't even 100% agreed to sell it to him before he got the cashiers check! Since I am a man of my word, I said I would since I knew how much he wanted the car. I knew how good the car was mechanically (on paper as well to back it up) and Nick will testify to it. Furthermore, he accompanied me to the tri-state meet and got a pretty much a 3 hour test drive during which time I offered for him to drive it. I have seen myself how PLENTY of people on this forum seem to think their cars with 200K miles are worth a lot more than what they really are and if you ask me, I think Nick got a good deal. As a matter of fact, I'm sure he will agree too. Ask him how long he looked and couldn't find a comparable GS. Well, supra2nv's was for sale but unfortunately is was across the country and you know what, that didn't even get $10K and it was a rare blk/blk 6spd! Lastly, before I delivered the car to Nick I gave it a $150 professional detail (which I paid for), and an extra set of GS rims. Just so you know, the extra set of rims did not fit in the trunk and it would've been crazy to put the dirty rims on the pristine rear seat. I told Nick the rims would be in my storage and he could pick them up any time. When they weren't picked up after some time, I got rid of them. So before you cast judgement on someone, please find out the true story if you are going to talk bad about me.

 

[legendvr]

You want some numbers? I'll take the current Autotrader listings as a sample, then. Nationwide search as of 9/17/07 at 1:04 p.m. Pacific time.

Total number of 1994-1995 Legend sedan automatics currently listed: 127
Total number of 1994-1995 Legend sedan manuals currently listed: 5

Manual 94-95 sedans account for only 3.8% of those currently on the market.

Very good. I like this.
Let's put these numbers into context... and compare it to the best selling sedan in USA -Camry. Not a rare car by any means.
The reason for comparison is that Legend is a relatively rare car compared to run of the mill car (132 Legends on the used car market vs 578 Camrys on the used car market of those years), so perhaps it's true that manual-to-automatic distribution is out of line with a the regular commuter mobile, and thus will argue for manual being exceptionally rare.

According to autotrader at 9:19PM 9/19/07 PST:

Total number of 1994-1995 Camry sedan automatics currently listed: 559.
Total number of 1994-1995 Camry sedan manuals currently listed: 19.

Manual Camrys account for only 3.3% of those on the market.

So, a manual Legend is no more rare, fraction wise, than a manual Camry. And I don't see manual Camrys being listed for much above blue books or above their auto counterparts.
So again, I don't see anything that would make a manual Legend this ultra-super rare car.

Then why is this even a debate? If nobody knows what it's worth, and everyone thinks it's worth something different, then nobody has the right answer.

Because this are discussion groups, and we're discussing and debating.
If anything, all of us "amaizing Legend enthusiasts" should be able to figure out a good way to appraise these cars because we know a lot about them and about their market.

that it helps OUR resale value..

You don't know that because you don't know what the cars actually sells for in the end.

The E36 M3 I just got was KBB valued at something like $10.6k, try n' find any comparable E36 M worth two shits for that price. The ones you find for those prices are laughable in comparison.

That's what every person says who overpays for a car. Heard it many times before.
I've worked a lot on E36 M3s and IMHO, they're not worth even the KBB value, but that's another discussion.

 

[Blackend]

legendvr - are you here to add to the community, or piss on it?

 

[legendvr]

legendvr - are you here to add to the community, or piss on it?

Where are the mods here?
Remove the thread crapping...

 

[Blackend]

Where are the mods here?
Remove the thread crapping...

Look out! Waaaambulance on its way...

 

[Kenso]

Very good. I like this.
Let's put these numbers into context... and compare it to the best selling sedan in USA -Camry. Not a rare car by any means.
The reason for comparison is that Legend is a relatively rare car compared to run of the mill car (132 Legends on the used car market vs 578 Camrys on the used car market of those years), so perhaps it's true that manual-to-automatic distribution is out of line with a the regular commuter mobile, and thus will argue for manual being exceptionally rare.

According to autotrader at 9:19PM 9/19/07 PST:

Total number of 1994-1995 Camry sedan automatics currently listed: 559.
Total number of 1994-1995 Camry sedan manuals currently listed: 19.

Manual Camrys account for only 3.3% of those on the market.

So, a manual Legend is no more rare, fraction wise, than a manual Camry. And I don't see manual Camrys being listed for much above blue books or above their auto counterparts.
So again, I don't see anything that would make a manual Legend this ultra-super rare car.

Please explain WTF a Camry has to do with a Legend. Manual trans. Camrys don't command higher prices for rarity because 12 year old Camrys of any variety are not particularly sought after, by anyone.