I realize this isn't a CB7 but... but thought you might find it interesting

[hiptech]

Just to conclude this... bidding ended last night at US $43,300.00!

Perhaps proving ppl are looking to "invest" in different collectables besides 911s?

[cp[mike]]

i was thinking the same thing, Honda should have bought this for one of their museums.

[deevergote]

Almost $20,000 profit over the initial purchase price? Not bad!

If you want to factor in inflation... $24,000 in 1998 is roughly equivalent to $34,000 today... so even then, $10,000 pure profit.

[92turboaccord]

damn 65849 views..

[h22sparkle]

Its gonna be in that Honda museum no doubt.

[Grey_cb7]

^ yup, this most likely will never be driven

[hiptech]

Well it's been almost 7 years ago when I posted about this 98 Integra Type R with 10k miles. It started on EB and ended on BAT where it ultimately sold for $43,300.00 which I'm sure taking inflation into account is significantly higher now in hyper inflationary 2022.



Fast forward to today a new winner emerges. As of right now it's not over yet since it has 1 day left but currently this 7k-Mile 2000 Acura Integra Type R is probably due for the history books. Get ready to either cheer or cringe but it's current bid is.... $111,111.000!

Personally I don't know what to think. Has the world lost it's collective mind, has money lost so much value or have so many people now become millionaires they can all drop as much coin as they like?

[deevergote]

Accounting for the crazy inflation, that’s about $50,000 today. I remember thinking $43,000 was an insane price. Now that they’re going for over six figures… just… WOW!

granted, these low mileage examples are unicorns. Someone bought one of the best driving cars ever made and DIDN’T DRIVE IT. That’s just not right.

[SSMAccord]

Yeah, this is just capitalization on nostalgia. It is a shame that one of the greatest fwd cars likely hasn’t been driven in the way that it was intended.

Counterpoint: it also has managed to survive the tuner wars without being crashed, modified, or stolen and stripped. So maybe the key is keeping it undefined lol.

[hiptech]

That's kind of been my philosophy with the 93SE. In most instances I've resisted the temptation to modify it at least to the point the small mods made can't easily be reversed. Though to be honest I've fantasized about dropping a drivetrain from a totaled CTR if that's even doable?

Any just to make it official the latest ITR just closed and the winning bid was $112,112!!!

[CyborgGT]

People are dumb. That's all I've got to say about that auction result. Congrats to the seller, though.

[Raf99]

I wonder if the seller thinks it will sell for more $$$ 10 years from now. & I hope he has good security / garage. Heck, maybe Jay Leno bought it and it will just be a collectors item.

[CyborgGT]

The buyer's definitely got money to burn. Look at their history: https://bringatrailer.com/member/usausausa/

I like his taste, too! So jealous of that New Edge Mach 1.

[hiptech]

Assuming the new owner has it insured through Hagerty (as I've done) and something catastrophic happens and it gets totaled.. then what?

[deevergote]

I can’t see that getting totaled. It’s going to live in a bubble. Only a fool would drive that car now. Especially after paying $house for it!

this situation is extreme. I don’t think the buyer is an idiot if they have the expendable income for it. It WILL appreciate, without a doubt. And this is likely the finest example in existence.
if you look at other desirable imports, you’ll see similar trends. Imagine if this was an E30 M3, or a MKIV Supra turbo. Nearly new mileage, bone stock pristine cosmetic and mechanical condition… those cars would sell for even more.

If I were the buyer, I would TOTALLY troll the interwebz. I’d buy a base Integra, paint it yellow, and start slapping on horrible mods. “Hay guise! Time for some looooowwwz on my new ITR! Maxpeedingrods coilovers and some 18” XXRs! Who can recommend a good camber kit to get me dat gud stance yo?”