SC- 1st Gen (1992-2000)

$18k for a Stock 92 SC. Seriously?

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Old 09-14-09, 08:14 AM
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RolxuSC400
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Default $18k for a Stock 92 SC. Seriously?

I was nosing through ebay and there is a completely stock 92 SC400 with 13k miles and the current bid is $18k. Last auction got up to $15k and didnt meet reserve. What am I missing here? That car can't possible be worth that much but guess it is to someone.

I'm not posting a link as thats frowned upon to Ebay and I am NOT the seller trying to get bids I am looking for why someone would bid well over 3 times the market value for the car even with 13k miles.
Old 09-14-09, 08:19 AM
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Pspice
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when u like something ull do anything for it?
or maybe they have plans for it
Old 09-14-09, 08:22 AM
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GRN MNSTR
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Yeah...and 13k miles is pretty rediculous
Old 09-14-09, 08:22 AM
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tuterz
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yea.. plus it only has 13k miles.. that is super low.. most likely the condition of the car is near perfect from when they got it in 92..
Old 09-14-09, 08:26 AM
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mtnrat
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Some are willing to pay up for a very low milage vehicle, especially one as good as the SC400. They may look at how much better a car they are getting for that money than they can buy new. Last summer I paid about $12,500k US for my SC400 with less than 30000 miles. For that price it was simply far better than anything else out there.
On another note, I saw that car for sale and had the feeling that the seller may be behind the 18k bid.
Old 09-14-09, 08:48 AM
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Carfreak70
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This is my oppinion on that. The car has 30K. That means its in near perfect mechanical condition, and the interior and body are going to be almost flawless. Look at the used cars today with less than 30K for under 20K. Granted, there are plenty very nice vehicles for that price range and amount of miles, but the Lexus is now proven to last many people well over 200K with limited maintainence. That means you are buying a car that you know will last you a long time, and you know it will because it has been proven time, and time again. If I was in the market for a SC I would absolutly consider this. Just my $0.02
Old 09-14-09, 08:51 AM
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Calends
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Could be a collector looking for a near flawless stock example.
Old 09-14-09, 08:57 AM
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TLDriver
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Originally Posted by Calends
Could be a collector looking for a near flawless stock example.
What he said.. how much would someone spend on restoring a car? You can get a car for 2k and need to replace pretty much everything vs just paying more and getting it already done?
Old 09-14-09, 09:16 AM
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RolxuSC400
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Thought bout the collector car scenario and I would be surprised in this market if thats the case. The SC, in my opinion, is far from reaching that status but maybe someone is trying to get ahead of the curve on it. If they dont turn it into a DD then maybe they'll retain some value. If someone is turning it into a DD then I don't truly see the value when they go that much out of book.

Who knows I was just surprised when I saw it get to that price point was just looking for some thoughts on it.

Thanks all!
Old 09-14-09, 10:24 AM
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jadu
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damn, this is really interesting. Its nice to see a pristine 92 go for that much. That car should last the buyer till 2030
Old 09-14-09, 10:31 AM
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shern
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I would take that car over a new Civic coupe or TC any day! Pricewise, they are similar. Drivewise, no comparo!

Last edited by shern; 09-14-09 at 10:37 AM.
Old 09-14-09, 10:33 AM
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GSteg
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While the car has low mileage, be prepared to spend an additional 1-2 grand or so on maintenance.
Old 09-14-09, 10:34 AM
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KA8
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I believe it's worth every penny
Old 09-14-09, 11:22 AM
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Ali SC3
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I bet I can find a 97+ with really low mileage for that price.
It is not going to attract too many collectors, cause collectors usually aim for the years with the most/best combination of options. don't you guys watch the auto auctions??
Old 09-14-09, 11:45 AM
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scENFORCER
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With 13K that car is basically brand new..


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