Sponsored


The First "Used" Integra Type-S: $62,500

eculley

Senior Member
First Name
Eric
Joined
Apr 11, 2023
Threads
5
Messages
82
Reaction score
94
Location
Austin, Tx
Car(s)
I walk.
People are paying 60k+ for the Type-R, why is it surprising that these will fetch the same? Maybe because they aren't imported everyone is expecting them to be more readily available?
Sponsored

 

ChromaPop

Senior Member
First Name
Brian
Joined
May 11, 2023
Threads
15
Messages
200
Reaction score
167
Location
Franklin, TN
Car(s)
Hyundai Veloster N; VW GTI's, Mazdaspeed 3, Mini C
I stumbled across what I thought was a Type-S review on Youtube, but it turned out to be an ad for a (quite possibly the first) used 2024 Type-S up for grabs in Missouri... for the low low price of $62,500... only 181 miles... who's pulling out their checkbook?

https://www.nextlvlauto.com/inventory/acura/integra/000450/
And I am sure that these folks "flipping" at under 500 miles SURELY broke in the engine and brakes properly 🤪
 
OP
OP

RUNN1N

Senior Member
Joined
Mar 15, 2022
Threads
21
Messages
800
Reaction score
1,021
Location
Ohio
Car(s)
2023 Civic Type-R
Good find! I came across a Reels video on Youtube that alluded to this car being for sale, but didn't include a price or means of finding the listing.

So before more people jump to the conclusion that these people are villains, keep in mind that there are a TON of speculative financial opportunities out there--these people have chosen to invest $X into a new Type-S in hope they can quickly realize a profit that's acceptable to them. Sure, it's an arguably risky venture, but risk is subjective.

Assuming the Missouri listing was purchased in Missouri for MSRP, the OTD price with tax, title, and registration was likely ~$57,600--assuming they can actually sell the car for $62,500, this would be a profit of ~7.8% + any profit that they earn on tax, title, registration, and financing with the sale. Making a quick 7.8% is tough, and is going to require a fair amount of risk and speculation.

The California listing, on the other hand... this one confuses me. If it was purchased in California for MSRP, the OTD price was likely ~$57,900. The car's price of $57,300 suggests the seller could be taking a small loss on the car. I have to imagine it was bought with some kind of discount, but there aren't too many incentives to be found.
 

Sponsored

raisedhaze

Senior Member
Joined
May 10, 2023
Threads
1
Messages
104
Reaction score
73
Location
Minnesota
Car(s)
DA1 Integra, Civic SI, S30, Duramax

kjechel

Senior Member
Joined
Jun 21, 2023
Threads
2
Messages
96
Reaction score
103
Location
CA Central Coast
Car(s)
03 S2000 original owner, 24 ITS ABP/Ebony
If the new buyer lives in CA they will have to pay $4154 in Sales Tax (perhaps more depending on city & county of residence) plus registration to the DMV, so this doesn't sound like a good deal for either party. The only real winner is the State of CA.
 

VinnyDaFish

Member
First Name
Kevin
Joined
Jun 24, 2023
Threads
1
Messages
29
Reaction score
42
Location
Plano, Tx
Car(s)
'24 Integra Type-S (Apex Blue/Orchid)
Ha -- so true. The state is always going to get their cash. (And again, and again, and again each time the car trades hands). Growing up in Arizona I loved being able to buy/sell private party and pay no sales tax. Made it possible to enjoy a variety of different vehicles without getting eaten alive by taxes from each transaction.
 

jtrader

Senior Member
First Name
James
Joined
Aug 28, 2018
Threads
0
Messages
249
Reaction score
39
Location
OH
Car(s)
2019 Civic Hatch Sport 6MT, 2022 Odyssey

Sponsored

raisedhaze

Senior Member
Joined
May 10, 2023
Threads
1
Messages
104
Reaction score
73
Location
Minnesota
Car(s)
DA1 Integra, Civic SI, S30, Duramax
$100k for a white/red spotted on autotrader.ca

"I know what I have, no tire kickers"

Funny, I have the same thing 🤑
Oh, you are in Canada.

That is about $75,000 USD...still a big figure, but had me shocked for a moment.
 
First Name
Sunny
Joined
Jul 2, 2023
Threads
0
Messages
14
Reaction score
17
Location
Montreal QC
Car(s)
Bmw x3m, m2, MB c63s coupe, soon integra type s
$100k for a white/red spotted on autotrader.ca

"I know what I have, no tire kickers"

Funny, I have the same thing 🤑
Holy crap, at that price im expecting a lifetime supply of Hoosier A7 tires lmao
Sponsored

 
 



Top