Will EK9's depreciate even further over the next few years?


Jokeshopbeard

Jokeshopbeard

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I'm sure many of you guys that have owned/been into EK9's over the last few years will be aware of the how much they've depreciated - A good facelift was £7-7.5k anywhere you looked only a couple of years back and I know you know what they're selling for now!!

So my question is, do you think they'll depreciate much further over the next 2 years?

I've never paid that much attention to car prices in general so don't know how much the market tends to fluctuate, but seeing as my EK9 is an investment/my ticket round the world in a few years, I'd sure be interested to know!!
 
I think a good few years down the line the clean ek9 oem examples will keep the value maybe even increase as they will be getting more rare(due to a lot of them being crashed or broke up), for example it is really hard to find a good clean ae86 and when you do it can fetch crazy monies.
But with that being said I doubt we ll get money back on all the aftermarket parts we spent on.

Unless the price of running a performance vehicle will became unbearable and nobody will buy them for the road use but than again there are always will be race track :)
 
If a person wants a fresh import that's a grade 4 they will still have to pay 7-7.5k IMO.

Especially the way the yen is at the moment, it's keeping the price of fresh cars high.

Also it seems that it's harder and harder to get a top grade car from japan too.

As a knock on effect, I can't see prices dipping much for good cars.

If the cars got high miles or wrote off over here, I think they will be effected but Hess things effect most cars anyway.
 
I think the car market has dropped completely due to the recession, for all cars. But as said above, it's getting harder to find a good clean import these days so I can see the prices leveling out over the next few years.

The EK9 is legendary, like the AE86 and with it being so iconic it will always be in demand so once it becomes increasingly hard to get a clean example the prices will then rise just like the AE86 has done :D
 
This is something I've been wondering about too, bought mine for £7750 around a year ago and it would probably be worth £6500 at the moment.

I think cars in general have become cheaper especially 'luxury' models like the Type R, I would imagine they'll increase in price along with housing prices etc.
 
I think it is just the whole resession thing . Car prices are all down and people are watching what the spend the spare cash on . People are finding it hard to sell ordanry second hand cars as you can get a near to , if not new one for similar prices . As for the like of EK9s and the like its more a luxuary/hobby type thing or just a down right passion :D ok i do drive an EK4 though but am sure yous know what i mean .
I think when the economy picks up again people will be more willing to pay the price for such a GEM :). I think the price wont drop much or even rise but its just a matter of waiting it out . IMO
 
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It also depends what looneys price there cars at. As if people sell them at 5k they outprice everyone forcing others to drop there prices
 
what I have noticed with the price of part's for the EK9 is that they are getting exstreamly exspensive, I bought a timing belt about 18 month ago
it was about £30, my mate went into the local Honda dealer's the other day to order a belt and they wanted over £70 for one.

I couldn't belive how much they has went up, I mean the front EK9 light's
when I first got my EK9 back in April 2007 they where about £80 each.
I'm sure they over £400 a pair now.
 
The parts on an EK9 are worth a lot more than any of the similar priced Hondas, especially as Vtec Lee says with increasing new part prices. From the engine to the door trims they're a little goldmine and I can't see them depreciating too much more because it'll be more profitable to break them than sell as a whole and it'll be worth the time and energy to do so for the owner.

Also, it's very difficult to guage prices when you look on Pistonheads etc. because some EK9's are totally shagged: I saw an EK9 come up for sale cheaply shortly after the user complained of 'metal shavings' in the head of the engine....but saying it drove brilliantly with no engine issues. I saw owner number two selling it on eBay not long after. Still no mention of shavings....
 
I think your all in fairtale land the value of the ek9 is going to derpreciate, it fact that it will lower in value and then settle off! I recokon 3 years down the line when its 13 yearsold for a facelift you could pick one up for 3k....a car should never be an investment unless it is really rare and secial. eg Ferrai F40 etc

At the end of the day its a little hatchback thats a Honda. With more expensive cars depreciating it why buy an ek9 when you can have a better car. Ek9 is not the start all and end all of driving experience
 
but an ek9 IS rare an special, personally i think the value will go up as the years go on maybe just a bad period for all prices of things atm
 
It's been ten years and they've depreciated by less than £200 a year... Why is an extra 3 years going to see it plummet by nearly £5000?

And there are other cars out there, other than Ferrari's, which don't depreciate. In fact, if you were to buy an Audi Quattro right now and keep it for a year it would actually go up in price...
 
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think i agree with the ae86 theory a similar thing will also happen down the line i recon when they have become quite rare but recession thing is the problem just now no one has the cash to buy so sellers have to drop thier price to funny money to get shot of thier car, once the economy picks up i think the 9 value will also, heres hoping :nice:
 
virtue said:
I think your all in fairtale land the value of the ek9 is going to derpreciate, it fact that it will lower in value and then settle off! I recokon 3 years down the line when its 13 yearsold for a facelift you could pick one up for 3k....a car should never be an investment unless it is really rare and secial. eg Ferrai F40 etc

At the end of the day its a little hatchback thats a Honda. With more expensive cars depreciating it why buy an ek9 when you can have a better car. Ek9 is not the start all and end all of driving experience
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They've held their value strong up until now for 10-12 years and are still holding for good examples.

What will change in the next 3 years?

Not sure why you added the fact the EK9 is not the be all and end all, that hasnt really got anything to do with it. It is a special car in its own right and is iconic. Its not an ordinary car and its recognized by many people over the world and regarded as legendary in its time. Its not your average clio cup etc etc. Im not saying its got the status of a Ferrari F40 but you know what i mean.

It offers you a driving experience you cant get any more from a modern hatch back.
 
I kind of agree with Virtue, maybe not decrease as much as that, but I dont class it as a rare car, being an import makes it slightly rarer/harder to get hold of, but I wouldnt say its rare. They are only worth what people will pay for them, as long as they keep a good following because of sites like this then that will help the value stay quite static, but you cant stop the clock, its constantly ageing and even cars that arent used much will still start to get high mileages on them. I think you should just enjoy the car and have it because you want it, not because of what it might be worth, its certainly not going to be an investment IMO.
 
the ek9 should hold its value because of what it is , ep3`s are avalible at less money . as the ae86 goes there was a thread on our local forum a few months back someone had cut out autotrader adverts from approx 5 or 7 years ago i think the dearest one was £2500 . they are two times maybe three times that now. as the ek9 is a rare car the same thing could happen , keep her mint if someone wants a good one they will pay the money.
 
neiller said:
the ek9 should hold its value because of what it is , ep3`s are avalible at less money . as the ae86 goes there was a thread on our local forum a few months back someone had cut out autotrader adverts from approx 5 or 7 years ago i think the dearest one was £2500 . they are two times maybe three times that now. as the ek9 is a rare car the same thing could happen , keep her mint if someone wants a good one they will pay the money.
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Thats exactly correct! The ek9 is a rare car even compared to the dc2 and you also need to consider that to get a standard freshly imported facelift ek9 in good condition you will be paying around £7000 to £7500.

Some people lately have been trying to sell their ek9s in a rush for some reason and prob also due to the recession selling them far too cheap, another factor to consider is the condition of the car as if it has been damaged or just not too well looked after it will also de-value the car. Things like high quality expensive modifications if done correctly will also increase the value slightly and service history is another important thing to consider.

I would always rather spend the extra money on a proper car that has been looked after and is in the best condition
 
^^ That.

The EK9 won't drop below a certain price imo as it is a special car, no question.
 
the price willl goes up, because it already had.
i have been importing jap car for more than 10 years now.
there are few model that the price had gone up.
1. r32 gtr
2. r34 gtr
3. ae86
4. ek9
5. ps13
6. ef9

the main reason was they dont make any more.

But i dont think the price in UK will goes up, specially when there still have fresh import.
if you can keep your car in good shape and as much as history, than i think you can sell it for a good price.
 
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