Would you pay $8k for this Lude with 177K? - Honda Prelude Forum

Si4WS · 07-04-2006, 01:18 PM

1997 Base Lude w/177k
OEM Lip Kit
JDM Fogs
S2K HID Retrofits
18x7.5" Roja Formula 7's with new generic tires
2" H&R Springs
Koni Yellows
DVD/NAV/AMP no sub
Remote Start
Leather
New T-Belt/ALT/PS belts and water pump
New Excedy Clutch

Selling the Audi since I rarely need 4 doors and wan't to ditch the payment.

Over all pretty clean car, drives well, average inretior, owner seems honest and cool. I need it for a daily driver that will be driven 5-9K miles max per year. I know these cars very well and can fix little things that come up, only things like rod bearings scare me away. Blue book for private party sale is $7700 so he is asking high but the car seems perfect for what I want out of a Prelude. The exta $ above book I would end up spending on the car myself in the near future as I have to mod my cars so . . .What do you think I should do?

Prelude1897 · 07-04-2006, 01:24 PM

nope, I'd only pay about $6k for it...Just cause it has mods put on doesn't raise the value, it actually decreases the value

Si4WS · 07-04-2006, 01:28 PM

The only mod that could decrease value are the spings and struts which I would buy anyhow. He is asking $300 above high book for easy $3000 in mods.

LUDE'Z · 07-04-2006, 01:48 PM

I guess 8k is fair assuming he just got the clutch/timing belt, water pump etc. changed.

Kap TypeSH · 07-04-2006, 01:55 PM

I say go for it, think about it this way:

JDM fogs cost $300-350 and he could easily part that off
OEM lip kit he could part off for $700
S2k retrofit - $600 + trade of headlights
18" Roja's - $1500 w/ tires?
DVD-Nav - $1500
Leather seats - $500? + trade of seats

So sure he could put it back to stock and sell for $6,000 or $7,000 and he'd make a ton of more money that way. But for $8k with all I just listed + Koni/H&R, remote start, recent maintainance and a new clutch, I think is a great deal. Especially if the car is in good condition.

high miles are nothing for a Prelude if it's well-kept. Judging by the miles, it's probably mostly highway miles. My other BB6 had 265k miles when I sold it and ran great.

NotoriouSH · 07-04-2006, 02:20 PM

If the car hasn't had any accidents and if the motor is making good compression I don't see a problem with it. My local dealership had a Honda civic with 400,000+ miles that still ran just fine on the original engine and transmission. A don't see why a Prelude can't last 300k if it isn't driven hard all the time.

With those mods it sounds like a great deal, because what Lude owner wouldn't want most of those parts anyway?

h22 bb6 · 07-04-2006, 07:28 PM

Sounds like a pretty good deal to me.

Joon525 · 07-04-2006, 08:11 PM

I think $6,500 or $7,000 is more reasonable.

checkmate58 · 07-04-2006, 08:46 PM

With that much mileage, i would only offer 6000 bucks. Just tell him to try to get that much as a trade-in. 7000 is pretty much pushing it.

--Sam

Si4WS · 07-05-2006, 10:57 AM

He wouldn't take $7650 even, he isn't willing to take a hit on all the mods I'm guessing. But the recent maintenance and new tires it still may be worth the $300 above kbb value. The car does book at $8175 on Nada. I still want to buy it.

PreludeLikeWhoa · 07-05-2006, 11:13 AM

Agree with scott. seems like a decent price for all the mods. Lets just say you buy it for 6k youl probably dump more money into those parts that are already on the car. So i say its a good deal. Can i have the roja? thanks

Kap TypeSH · 07-05-2006, 12:43 PM

$6,000 is a serious low ball especially with all those parts. Just cause a car has some miles on it, doesn't mean it's worth as little as used chewing gum. Mileage is but a number, condition/documentation is what counts.

Wraith · 07-12-2006, 10:16 PM

No, buy mine for $11,500 with only 68K mi on it! It's also got all the maintence done.

lude4lifeh22 · 07-12-2006, 10:55 PM

Quote:

Originally Posted by NotoriouSH

If the car hasn't had any accidents and if the motor is making good compression I don't see a problem with it. My local dealership had a Honda civic with 400,000+ miles that still ran just fine on the original engine and transmission. A don't see why a Prelude can't last 300k if it isn't driven hard all the time.

With those mods it sounds like a great deal, because what Lude owner wouldn't want most of those parts anyway?

+1

Check compression, and for accidents, if you clear that. Id say you are go on the deal. I think the only thing you may find yourself replacing in the future are some of the suspension components (ball joints, control arms, etc) at that mileage I imagine some of that may be begining to go bad. See if he has had any of those items replaced.

Si4WS · 07-13-2006, 11:35 AM

I bought it! It had 167K on it rather then 177K, so far I love it, it has some rear shock knock but other then that, she is a jewel.

Kap TypeSH · 07-13-2006, 11:46 AM

good buy! congrats!

Si4WS · 07-13-2006, 05:58 PM

Thanks, feels good to be in a Honda again.

vince22SH · 07-13-2006, 06:12 PM

deffinitely good deal and looks good i paid $5600 with no mods and 147K on mine, post a pic of the front wanna see the S2k retrofit!!!....ohh and congrats

Si4WS · 07-14-2006, 01:03 PM

Well, I will post up pix, but turns out I only have the S2K bulbs and ballasts, not the projectors.

I am very impressed with the car's shape with the miles on it, boy Hondas hold up well!

Kap TypeSH · 07-14-2006, 01:41 PM

Quote:

Originally Posted by Si4WS

I am very impressed with the car's shape with the miles on it, boy Hondas hold up well!

True that! After driving my SMR BB6 for a couple thousand miles, I now am a full believer that mileage can be but a number, for nothing more than reference. Had 260k+ miles on it and drove and felt like it had 60k miles on it... Hell, I even autocrossed it once, with no problems whatsoever... I should have kept the dang car...