QOTD: The Price Is Wrong?

Matthew Guy
by Matthew Guy

Today’s question is brought to you by kitchen-table musing and grumbling by two gearheads at the Guy household on Saturday. As it always does, the conversation turned to cars.

“Nothing’s affordable anymore!” ranted my friend, waving his arms while expressing a desire to own old Alfas and other machinery with the structural integrity of wet tissue paper.

The man may have a point. Do you think the values of certain desirable cars are inflated beyond reason?

I argued that the auction site Bring-a-Trailer is doing to the values of certain oddball cars what Barrett-Jackson did to the values of Hemi ‘Cudas about 10 or 15 years ago. Those machines were always extremely valuable but, in the wake of televised bidding frenzies, those cars soon started changing hands for dizzying amounts, shutting out all but the 1 percent of gearheads.

Their values have cooled, as the demographics of those with car-sized amounts of money burning holes in their bank accounts starts to shift. Gearheads — the sloppy, misty-eyed dates that we are — tend to throw caution and good reason out the window when we find ourselves in a position to finally purchase the machine we coveted as a teenager or young adult.

Me? I’d very much like to have an Integra Type R — painted Phoenix Yellow, please. Not long ago, these little rockets were desired but not wholly unattainable. Now? The two currently on BAT are already trading well into five-figure territory. It’s not like either of them are perfect examples — one has crash history and 182k miles, the other is a ten-owner car with mileage discrepancies and an outstanding lien.

I’m glad for the BAT boffins; they’ve created a great gearhead community and are proving to be one of the premier stops for rare and desirable machinery. It’s great when people start a business and are successful. I am also glad for those who have found a way to put one in their garage.

Doesn’t make it any easier to get my Integra Type R, though. What car do you think is currently trading for nutso values? Are there any others you think will soon rocket into the stratosphere?

[image: Acura]

Matthew Guy
Matthew Guy

Matthew buys, sells, fixes, & races cars. As a human index of auto & auction knowledge, he is fond of making money and offering loud opinions.

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  • Bodayguy Bodayguy on Jul 31, 2018

    I bought an NSX last year. Yeah, probably the Gen X collector bug hit me or something. But I also have a 60s Riviera, so I'm not ONLY rehashing my youth. Also sold a car on BaT 2 years ago. It was fun. Anything interesting and in good shape will do nicely on there, problem is everybody thinks their garage heap is in that category now. Ran into a guy with a yellow Integra Type R at the coin-op car wash about five years ago. Practically ran up to him and lectured, "don't sell this!" He looked bewildered.

    • See 1 previous
    • PandaBear PandaBear on Aug 01, 2018

      @scott25 One of my friend mod his S2000 club racer for track (including a whole dry sump system) , but he is really using it as a tool for the job instead of collecting it and look at it though. He does keep all the original parts so when time comes it is going back to stock to be sold.

  • Mechaman Mechaman on Aug 04, 2018

    The last Accord I liked the looks of was the '07 model. Apparently some sellers think that no matter how many miles they put on theirs, the car never depreciated...

    • See 1 previous
    • Sgeffe Sgeffe on Aug 13, 2018

      @volvo Especially if you have the six-speed stick on that V6 Sedan!

  • Theflyersfan I know given the body style they'll sell dozens, but for those of us who grew up wanting a nice Prelude Si with 4WS but our student budgets said no way, it'd be interesting to see if Honda can persuade GenX-ers to open their wallets for one. Civic Type-R powertrain in a coupe body style? Mild hybrid if they have to? The holy grail will still be if Honda gives the ultimate middle finger towards all things EV and hybrid, hides a few engineers in the basement away from spy cameras and leaks, comes up with a limited run of 9,000 rpm engines and gives us the last gasp of the S2000 once again. A send off to remind us of when once they screamed before everything sounds like a whirring appliance.
  • Jeff Nice concept car. One can only dream.
  • Funky D The problem is not exclusively the cost of the vehicle. The problem is that there are too few use cases for BEVs that couldn't be done by a plug-in hybrid, with the latter having the ability to do long-range trips without requiring lengthy recharging and being better able to function in really cold climates.In our particular case, a plug-in hybrid would run in all electric mode for the vast majority of the miles we would drive on a regular basis. It would also charge faster and the battery replacement should be less expensive than its BEV counterpart.So the answer for me is a polite, but firm NO.
  • 3SpeedAutomatic 2012 Ford Escape V6 FWD at 147k miles:Just went thru a heavy maintenance cycle: full brake job with rotors and drums, replace top & bottom radiator hoses, radiator flush, transmission flush, replace valve cover gaskets (still leaks oil, but not as bad as before), & fan belt. Also, #4 fuel injector locked up. About $4.5k spread over 19 months. Sole means of transportation, so don't mind spending the money for reliability. Was going to replace prior to the above maintenance cycle, but COVID screwed up the market ( $4k markup over sticker including $400 for nitrogen in the tires), so bit the bullet. Now serious about replacing, but waiting for used and/or new car prices to fall a bit more. Have my eye on a particular SUV. Last I checked, had a $2.5k discount with great interest rate (better than my CU) for financing. Will keep on driving Escape as long as A/C works. 🚗🚗🚗
  • Rna65689660 For such a flat surface, why not get smoke tint, Rtint or Rvynil. Starts at $8. I used to use a company called Lamin-x, but I think they are gone. Has held up great.
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