Here’s the latest reader question, along with my reply!
Del asks: I live in So. Oregon and listen to you on the Bill Meyer’s Show. Really look forward to the segment each week. My wife has an immaculate and I mean immaculate ’89 Honda Prelude. We of course purchased it new and she has given it total love and care. We are ready to sell it as she very seldom drives it anymore. We plan to list it on Craig’s list and have no idea what to ask. Do you have a suggestion? It has 179,000 miles, outstanding condition, no accidents, no dings.
My reply: This is one of those cases where the “blue book” (i.e.,used car value) guides doesn’t apply – or at least, only applies vaguely. You have a very desirable car that is becoming a collectible antique car – and I think you’ll find it’ll go for significantly more than “book value” – which ranges from around $1,500 for a toasted beater to around $3,500 for one in excellent condition with low (for the years) mileage.
That actual value will vary, of course – depending on whether it’s a base trim or Si and so on.
Based on your description, I’d guess your car inclines toward the higher end of the spectrum. I’d consider having it appraised by someone local who knows Acuras. And then place ads (appropriately priced) in pubs such as Hemmings Motor News – which focuses on classic cars -as well as eBay, as this will bring the car to a national (rather than local) audience.
Finally – and this is the most important thing – don’t (if possible) be in a hurry to sell. Wait for the right buyer – and the right price.
Keep me posted – and good luck!
Got a question about cars, Libertarian politics – or anything else? Click on the “ask Eric” link and send ’em in!
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