Here's Why You Can't Afford A Honda NSX

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An NSX just sold at a Japanese auction for $445,000 dollars. 10 years ago you could get an NSX for less than 30,000 dollars. So how did a Honda sports car go from fighting Ferrari's for half the money to costing twice as much as a brand new Ferrari, all in just 20 years? Let’s talk about that. The NSX Story starts in 1984. Honda, coming off of success with their compact cars, wanted to build a new sports car. So they started experimenting with different layouts. One of their experiments involved taking a Honda City, chopping it in half and putting the FWD drivetrain in the rear. The engineers drove this franken-honda around the factory’s parking lot, and they absolutely LOVED IT! It was a little underpowered, with the Honda City’s 1.2L 60hp motor barely enough to propel it, but it was good enough for the bosses at Honda to okay the next step. So Honda commissioned Pininfarina, yes the Ferrari Pininfarina, to make the Honda HPX, the Honda-Pininfarina-eXperimental, which was a futuristic mid engined supercar with Honda’s C20A 2.0L V6 powering the rear wheels. The HPX was pretty well received, so Honda’s engineers got the go ahead to develop their Supercar concept. The only stipulation was to make sure this new Honda would beat anything coming out of Germany, and more importantly, Italy. So over the next 5 years, Honda worked on this new supercar project, now dubbed the NSX, or the New-Sportscar-eXperimental. But it wasn’t without its challenges. The first trouble was with the chassis. Honda needed something light and strong, so the first thing that came to mind was Aluminum. Honda had no experience with aluminum chassis work, but this was the New Sportscar “EXPERIMENTAL”, so they took to the labs and started the mad scientist work. It wasn’t easy though, and at a few points they were ready to give up and go back to steel. But eventually they figured it out, and created the first Aluminum Extruded semi-monocoque chassis ever used in a production vehicle. This new chassis saved an estimated 200lbs over a steel equivalent, so it was well worth the trouble. But despite all the weight savings, Honda still had a power problem. The 143hp C20A V6 that they initially planned to use was definitely not going to cut it when put up against the Ferrari 348’s 3.4L DOHC V8. So Honda’s engineers went to work trying all sorts of different engine options, and exhausting pretty much every V6 Honda had in its lineup, before landing on a 3.0L DOHC V6 making about 240ish hp. But while the NSX’s engine development was happening, another team at Honda was working on another sports car, the Integra. The Integra team had developed a crazy new cam profile technology that would let their NA motors really open up in the top end. That technology was Honda’s Variable Valve Timing and Lift Electronic Control System, aka VTEC. The President of Honda, Tadashi Kume, figured if the NSX was Honda pulling out all the stops, then they would have to incorporate the VTEC technology into the 3 liter V6 they were developing. So at the very last minute, they redesigned the heads on the NSX’s V6, along with new 6-bolt mains and titanium connecting rods, which resulted in a 8300 RPM redline, making 270hp and 210 lbft of torque. A solid improvement over the standard 3 liter. And with those ingredients done, the NSX was nearly ready. All that was left was to test it, so Honda got the best of the best, F1 World Champion Ayrton Senna. Senna spent a solid amount of time testing the NSX, and his feedback was often that the NSX had too much flex in the chassis, and that it needed to be stiffened before production. So Honda listened, and their mission to stiffen the NSX’s chassis was so involved, that while testing at the Nurburgring, Honda engineers would write down wherever their test drivers would say the chassis needed more stiffness, and send that information back to Honda HQ in Japan, The home engineers would punch in that data into a Cray Supercomputer at their facility, which would then interpret the data and modify the design of the aluminum monocoque in order to stiffen up the chassis in exactly the right places. All this resulted in the NSX being nearly 50% stiffer, all without much of a weight penalty. And with that, the NSX was ready. Honda showed the NSX Production prototype at the Chicago Auto show In 1989, and then in early 1990, the NSX went on sale in Japan, followed by the USA later that year, under the higher-end Acura brand. And people LOVED it. Car and Driver pitted it against the Corvette ZR1, Porsche 911 Carrera 4, Ferrari 348ts, and the Lotus Espirit Turbo, and it beat all of them. They even called it "the first mid-engine supercar that doesn't act like a parole violator." It was a dream to drive, supremely connected and raw, all while still being accessible and predictable. Honda had done it, they had taken on the likes of Ferrari and beat them at their own game. But for Honda, the journey was far from over. The NSX was good, but the engineers wanted something even more hardcore. Something without the concessions of comfortable suspension, and NVH concerns. And so in 1992, Honda released the NSX-R. The NSX-R was Honda’s vision of the Ultimate NSX, one with no compromises. Weight was cut by an insane 265lbs, thanks to the removal of sound deadening, the sound system, air conditioning, and even the traction control system. It also had forged aluminum wheels and an iconic titanium shift knob. One of the biggest complaints of the standard NSX was that it could have somewhat unpredictable oversteer when the suspension was loaded up, so to solve that, Honda’s engineers basically stiffened up every single component in the NSX’s suspension. They also swapped the Spring Bias, making the rear dampers softer than the fronts, which helped stabilize the car, especially at higher speeds. Overall, this was a massive improvement over the standard car, and it was very loved by racing enthusiasts, with this version even being a favorite of Ayrton Senna himself. Over the course of 3 years, Honda made 483 of these NSX-Rs, all for the Japanese market. By contrast, in the US, the NSX was getting a totally different sort of treatment. In 1995, Honda released the NSX-T, that’s T for Targa not for Turbo. This was a targa top version of the NSX, just like the Corvette, Supra, and 300zx that were selling alongside the NSX in the US. This version of the car weighed 100lbs MORE than the standard fixed roof car, thanks to the added bracing to make up for the lack of a roof, and despite all that it still wasn’t as stiff. They also had softer springs and a smaller front sway bar. So, overall, a much less hardcore car. Softer-edged, and less sporty. And despite the fact it was pretty much the opposite of the NSX’s initial vision, the NSX-T was insanely popular. So popular in fact, that it went from being a special order option, to being the standard NSX for sale in the US. Now, don’t let the popularity of the NSX-T fool you, Honda still had razor sharp focus when it came to the NSX, and they made that known in the place where it mattered most. Motorsports. Honda entered the 24 hours of Le Man in 1994, and it was an okay debut, but the real magic was a year later in 1995; where Honda entered a GT2 Class NSX piloted by none other than Keiichi Tsuchiya, the drift king. He, along with Akira Ida and Kunimitsu Takahashi, took the NSX to a GT2 Class win and 8th place overall. It was such a big win for them, that they made sure that this very NSX GT2 was featured in the then new Gran Turismo video game. In 1997, Honda took what they learned in racing and gave the NSX its first big revision. This included a new 3.2L C32A V6 making 290hp, paired to a new 6-speed manual transmission. And a new aluminum alloy in the body that was 50% stiffer than the previous aluminum. This was a welcome improvement to the NSX, especially considering that many of its competitors were now using turbos to make for significantly more horsepower and torque than the previous 3.0L NSX could muster. In usual Japanese fashion, special edition JDM-only models were released with the NSX-Type S and Type-S Zero. These were similar to the NSX-R, in that they were lightened, stiffened, and more focused version of the NSX, with the S-Zero being the most hardcore model of the bunch. The Type-S was even more limited than the Type-R though, with only 209 Type-S models and 30 Type-S Zero models being produced in the 4 years it was on sale. Now, I know us Americans had been building a bad rap with our craze for the soft and bloated NSX-T, but in in 1999, we finally got a little taste of the hardcore NSX experience with the Alex Zanardi Edition. This special, 51-unit run of the NSX was made to celebrate Alex Zanardi’s back to back IndyCar wins in 97 and 98. The car itself was essentially a Type-S but with some nice leather seats and special badging. The number 1 car was given to Alex Zanardi himself. But, in a tragic turn of events, Alex Zanardi was in a horrific crash at the Lausitzring in 2001 and lost both of his legs in the accident. Zanardi was lucky enough to survive, and after a long recovery, was able to live his life again, now with prosthetic legs. After his rehabilitation, Honda apparently took Zanardi’s NSX and modified it to use hand controls, so that he could continue to enjoy the car that bore his name, no matter the loss that he faced. This really showed how dedicated Honda was to NSX enthusiasts, but passion doesn’t necessarily sell cars, and Honda needed to freshen up the NSX to survive in an already dwindling sports car market. So in 2002, Honda gave the NSX a proper refresh and gave us the NA2. The NA2 took the NSXs styling 20 years forward into the present. Gone were the pop up headlights, and in their place were fixed HID headlights. Along with that came updated front and rear bumpers, as well as new side skirts that gave the car a lower look. Mechanically, the suspension was revised with stiffer springs and larger sway bars. But otherwise the drivetrain was unchanged from the 97 revisions. Along with the base NA2 in Japan came the familiar Type-S, but to commemorate this revised body style, Honda dropped the Type-S Zero and brought back the NSX-R. This got the classic Type-R treatment; 220lb in weight savings thanks to a lot of carbon fiber, a fully blueprinted and handbuilt engine, and track-oriented suspension. And despite the bones of the NSX being 15 years old at this point, the revised NSX-R went around the Nurburgring Nordschleife in 7 minutes and 56 seconds. That’s the same time as the Ferrari 360 Challenge Stradale, which even had 100hp more than the NSX. And it wasn’t just the Nurburgring that the NSX was dominating. Honda had entered the NSX-GT in Super GT, where it had been winning since 1997. And when I say winning, I mean it. The NSX-GT became one of the most winningest cars in the series over the 10 years it participated, with 36 race wins, 2 team championships, and 3 driver’s championships. And, as you guys must know by now, where there’s racing, there’s homologation specials. So, in 2005 Honda created a 5-car production run of the NSX-R GT. This was basically a NSX-R but with all of the Super GT goodies, like a widebody and race-oriented suspension. Oh and a giant intake snorkel on the roof of the car. Which was actually not functional for the road-going versions, unlike the Super GT cars which used that as a functional intake. 4 of these NSX-R GTs went to Honda, and 1, yes just 1, was sold to the public. That lucky buyer was Yoshiaki Yoshida, the president of Japanese cosmetics company DHC Corp, who was also an avid NSX enthusiast. As far as I know, Yoshida still owns that 1 of 1 NSX to this day. And with the NSX-R GT as its final swan song, Honda announced in August of 2005 that the NSX was to cease production. Over the course of 15 years Honda had made 18,685 of these amazing machines. And despite the world fawning over them, and showering them with accolades, the NSX died alongside its other JDM sports car brethren, thanks to the usual reasons of emissions and profitability. John Mendel, the then VP of Acura, mentioned that another high-performance sports car was in the works, but it wouldn’t be until 11 years later in 2016, that Honda would bring us the second generation NC1 NSX. This second gen car was designed and built at Honda’s Performance Center in Ohio. Yes, this time around, the NSX was largely American. And, well, response to the second generation was mixed at best. It was a technological showcase, with 3 hybrid motors paired alongside a twin turbo V6, driving all 4 wheels thru a 9-speed DCT automatic transmission. And it was fast too! Rocketing to 60 miles an hour in 2.7 seconds, and lapping the Nurburgring in just 7 minutes and 36 seconds. But despite all of that, it just didn’t seem to have the magic of the first generation NSX. Keiichi Tsuchiya, one of the most ardent NSX fans, called the second gen “hard to drive” and “more for american tastes”. He went so far as to ask if it even was an NSX at all? And he wasn’t the only one. All this plus the astronomical starting price of $156,000, resulted in the NSX having very poor sales for the 4 years it's been with us. Last year they sold 128 of them, for the whole year! That’s it! And many speculate that the failure of the NC1 was responsible for today’s insane pricing of the NA1 and NA2 NSXs, but well, they’re only half-right. After the NSX went out of production in the mid-2000s, you could buy a used NA1 NSX for the mid to high 30’s. With some higher mileage cars trading hands in the mid 20,000 dollar range. And it stayed that way for a long while. That is, until about 2015, which if you’ve seen the Supra and Skyline prices videos, you’ll know that was a big turning point for JDM collector cars. In July of 2015, a 23,000 mile 1992 NA1 NSX sold on BringATrailer for $49,000. This wasn’t a massive leap, but it was enough to get NSX owners thinking about selling, and more than enough to get collectors foaming at the mouth. But for those that needed an extra push, well, In November of that year, a 33k mile 1994 NSX sold for $65,500. Now, that number got everyone’s attention because it meant that the NSX was finally selling for even more than its original MSRP. And so in 2016, the floodgates were opened. In February, a 15,000 mile car sold for 80,000 dollars, followed later in the year by another for 77,000 dollars, one for 69,000 dollars, and then another for 70,000 dollars. But it wasn’t just the concours ready cars that were fetching big money. Over a dozen higher mileage NSXs were sold that year for prices ranging from the mid 40’s up to 60,000 dollars This trend continued in 2017 and 2018, with many clean examples selling in the 80,000 dollar range. And then in April of 2019, the NSX officially broke the 100,000 dollar mark. A 1994 Brooklands Green NSX with 187 miles, yes just 187, sold for $151,000 on Bring A Trailer and set a new precedent for what an NSX could be worth. This thing was an absolute time capsule, having been stored in a climate controlled garage since delivery and it was never even registered until 2018. So it made sense that it would fetch the price that it did. But all the while in Japan, something was brewing that had plans to put even this museum piece to shame. At the Tokyo BH Auctions, a seller surprised the world with a pair of NSX-Rs. The first was a 1995 NA1 NSX-R, with 860km on the odometer, that’s just 534 miles. The second, and perhaps more enticing of the pair, was a 2005 NA2 NSX-R, this one with only 560km, that’s 348 miles. Nobody knew what these cars would fetch, but one thing was certain, these would be the biggest NSX sales in the history of the car. Both cars went on the auction block June 8th, with the NA1 selling first for 30.8 million yen, or $283,000 dollars. This was a new record for the NSX, by a mile, but it held that record for all of five minutes, because the NA2’s auction hammered soon after, for 48.4 million yen. Or 445,000 US dollars. Yes, nearly half a million dollars. For a 15 year old Honda. Needless to say, that record wasn’t going to be broken again anytime soon, and so far it hasn’t been. But in that same year 4 more US NSXs ended up selling for over 100,000 dollars. 3 of them were like that Green museum piece, with under 3000 miles on any of them. But one had 38,000 miles, and was driven like it should have been. This was a bit of a change, as almost every high dollar NSX was basically undriven. So why did it sell for so much? Well, it was a Zanardi Edition. If you remember, the Zanardi was a special 51-car run that was the most hardcore NSX we got in the US. And this was the first big public sale of one, so the buyers certainly showed up. This was #44 of 51, and hammered for a price of $126,000. 5 months later, the #43 Zanardi also came up for auction, this one with 57,000 miles, and it sold for $135,000. But these were all just small fish compared to what was coming next. In September of 2020, the last and final Zanardi Edition, #51, was put up for auction by its original owner, AMA Superbike Champion Miguel Duhamel. This car was personally gifted to him by Honda, after he won the opening Daytona 200 races on a Honda bike, while racing with a broken leg. Duhamel had driven the car just 12,000 miles in the near 20 years that he owned it, and it was immaculate. Now considering what previous Zanardi NSXs were going for, and that this car had a real place in NSX history, one would expect this car to sell for around 150,000 dollars. Maybe even 180,000 dollars. Well, when the auction was opened, bidders decided to throw that out the window and keep bidding and bidding and bidding up, until it finally hammered at the monumental price of $277,017 dollars. This doubled the value of the previous Zanardi NSX and became the most expensive NSX sold in the United States. Today, in 2021, the average price of an NSX in the US lands somewhere in the 70,000 dollar range, far out of reach for the average JDM enthusiast. And even though no car has even come close to matching the 445,000 dollars of that NSX-R in Japan, it won’t be long before we see another NSX-R, Zanardi, or perhaps even that 1 of 1 NSX-R GT catch the eye of some collector somewhere, and take NSX prices even further into the unattainable. Thanks for watching guys! And if you’ve made it all the way through the video then I’ve got something special for you. Instead of ending on the sad note that we’re all broke and can never own this car, I went and looked for well-priced NSX’s so that maybe, just maybe, one of us can experience the magnificence of Honda’s supercar. The first up is a 1995 NSX-T with a 5-speed and 147,000 miles listed for $50,000. Now that might not seem like a screaming deal for the mileage, but keep in mind that this is a Brooklands Green car so it is 1 of just 61 in the US. The second NSX is a 1993 5-speed manual Coupe, black on black, with 121,000 miles. This one is listed for $57,900. Its got a freshly rebuilt engine and plenty of maintenance records. Def a solid NSX that you can enjoy driving. The last NSX is a wild card for the cheapskates out there. It’s a 1992 Automatic Coupe, well, at least, it used to be a coupe. Until some knucklehead decided to chop the entire roof off the car and turn it into a convertible. This engineering marvel supposedly has a clean title with only 45,500 miles and is listed for the low low price of $39,500, making this the cheapest NSX available for sale today, by a mile. If you’ve recently made 40k off of Dogecoin and are looking for a place to squander it, I highly recommend this be it. Please drop a comment if you buy one of these NSXs or if you find a better deal than these. A random subscriber who comments below will be getting a big box of merch so subscribe to make sure you’re entered and follow us on Instagram to know when the winner is announced. Bye!
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Channel: Albon
Views: 298,089
Rating: 4.8991904 out of 5
Keywords: honda nsx, nsx for sale, nsx prices, nsx history, nsx development, acura nsx, NA1 NSX, NA2 NSX, NC1 NSX, new nsx, old nsx, nsx-t, nsx-r, nsx type s, nsx s-zero, nsx value, nsx auction, jdm classics, collectible cars, classic cars, jdm car auction, hodna nsx, acura nxs
Id: zWt2VGLSym4
Channel Id: undefined
Length: 21min 56sec (1316 seconds)
Published: Sun Apr 25 2021
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