The 1987 Honda Accord Lxi remains a classic, admired by many for its timeless design and reliable performance. Whether you're looking to sell one or just want to get a sense of its value in today's market, understanding how to price it correctly is crucial. Let's delve into some insider tips to help you determine the best price for your beloved 1987 Honda Accord Lxi.
1. Know Your Car's History
Understanding the history of your Honda Accord is the first step towards pricing it correctly. Here's what you need to check:
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Maintenance Records: Regular maintenance is a sign of a well-cared-for vehicle. Documented service records can significantly increase the car's value.
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Ownership History: A car with fewer owners typically has less wear and tear, potentially fetching a higher price.
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Accident History: A clean CARFAX or similar report is highly valued. Any major repairs or accidents can decrease the value unless they've been professionally rectified.
Example: A 1987 Accord Lxi with all original documents, a clear ownership history, and a comprehensive service record might command a higher price compared to one with missing service history.
Mistake to Avoid: Never overlook or hide the car's accident history. Full disclosure, even if it means a lower asking price, leads to more serious buyers and a smoother sale.
<p class="pro-note">🚗 Pro Tip: Keep all your maintenance records in a single, organized folder. This not only helps in pricing but also in proving due diligence to potential buyers.</p>
2. Condition of the Car
The physical condition of your car is a make-or-break factor in pricing:
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Exterior and Interior: Look for dents, rust, upholstery wear, and the overall cleanliness of the vehicle.
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Mechanical Condition: A smooth-running engine, good brakes, intact exhaust system, and no leaks are critical.
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Modifications: Stock cars are often more valuable to collectors, but well-done mods can attract a niche market if done professionally.
Scenario: If your Accord has the original paint job with minimal wear, you can justify a higher price than one with repaints or body filler.
Helpful Tip: Invest in a professional detailing service before listing the car. A freshly detailed car looks more appealing and can help justify a higher price point.
<p class="pro-note">🛠️ Pro Tip: Consider a pre-sale inspection by an independent mechanic to get a report that can be shown to potential buyers, reinforcing the car's condition.</p>
3. Market Trends and Value
Analyzing market trends will give you a benchmark for pricing:
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Auction Results: Check platforms like Bring a Trailer or eBay Motors to see what similar Accords have sold for recently.
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Local Listings: Look at what other 1987 Accord Lxis are listed for in your area.
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Demand vs. Supply: If there's a sudden surge in demand for these classic Accords, prices might go up.
<table> <tr> <th>Aspect</th> <th>Effect on Price</th> </tr> <tr> <td>Recent Restorations</td> <td>Higher Price</td> </tr> <tr> <td>Low Miles</td> <td>Higher Price</td> </tr> <tr> <td>High Mileage</td> <td>Lower Price</td> </tr> </table>
Example: If similar Accords are selling for $5,000 in excellent condition, consider pricing yours around that mark if it matches or exceeds that condition.
Mistake to Avoid: Setting an unrealistic price without considering the market can result in prolonged sales periods or not selling at all.
4. Add-Ons and Accessories
The extras and how they're valued:
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Original Accessories: Items like the original floor mats, spare tire, and tools can add to the allure and price.
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Aftermarket Upgrades: Only if they are high-quality and relevant to car enthusiasts, like a sound system or performance upgrades.
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Rarity: Some parts might be hard to find, increasing the car's value.
Pro Tip: Clearly document all accessories and upgrades. Provide before-and-after pictures, receipts, and any warranty information that can justify a higher price.
5. Presentation is Key
The way you present your car can influence buyer perception and price:
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Professional Photos: Invest in a photo shoot to capture your Accord in its best light, both literally and figuratively.
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Clean Advertising: Write a clear, compelling ad description. Mention the car's best features and history.
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Showcase: If possible, bring your car to a car show or event to gauge interest and potentially meet buyers.
Example: A well-photographed Accord with a detailed story of its maintenance and uniqueness can often draw higher bids than one with just average presentation.
Mistake to Avoid: Poor-quality images or an ad filled with errors or vague descriptions can deter potential buyers.
<p class="pro-note">📸 Pro Tip: Lighting can make all the difference in photos. Shoot on an overcast day or during the golden hour for the most flattering pictures.</p>
Wrapping It Up: Pricing Your 1987 Honda Accord Lxi
In summary, pricing your 1987 Honda Accord Lxi involves a combination of research, honesty, and presentation. Knowing the vehicle's history, assessing its condition, understanding market trends, highlighting valuable add-ons, and presenting it attractively are all key to setting a fair price. Keep in mind that potential buyers will look for value, not just price. By following these insider tips, you'll be better equipped to negotiate and get the best value for your classic ride.
Remember, selling a classic car like this is not just about the sale; it's about sharing a piece of history. Be prepared for discussions, perhaps even a bit of haggling, but hold firm on your value. Now, go out there, do your research, and get your 1987 Honda Accord Lxi ready for its next owner.
Keep exploring more tutorials on restoring, maintaining, and selling classic cars to ensure your Accord stands out in the marketplace. Good luck!
<p class="pro-note">💰 Pro Tip: Be prepared for the time it might take to sell a classic car. Patience often pays off with a higher selling price.</p>
<div class="faq-section"> <div class="faq-container"> <div class="faq-item"> <div class="faq-question"> <h3>Should I restore my 1987 Honda Accord Lxi before selling?</h3> <span class="faq-toggle">+</span> </div> <div class="faq-answer"> <p>Restoring can increase value if done correctly and if the car retains its original character. However, the cost of restoration must be considered. Sometimes, selling as-is might be more profitable if the cost of restoration exceeds the potential increase in value.</p> </div> </div> <div class="faq-item"> <div class="faq-question"> <h3>How do mileage and odometer readings affect the price of a classic car?</h3> <span class="faq-toggle">+</span> </div> <div class="faq-answer"> <p>Low mileage is often a selling point for classic cars, indicating less wear on the engine and other parts. However, very high mileage doesn't always mean a car is worthless if it has been well-maintained. Buyers look at overall condition and maintenance history as well.</p> </div> </div> <div class="faq-item"> <div class="faq-question"> <h3>What documentation is important to have when selling a 1987 Honda Accord Lxi?</h3> <span class="faq-toggle">+</span> </div> <div class="faq-answer"> <p>Key documents include the title, maintenance records, original owner’s manuals, receipts for any work done, and any certification of authenticity if available. These documents can significantly influence the price.</p> </div> </div> <div class="faq-item"> <div class="faq-question"> <h3>Is it worth having my 1987 Honda Accord Lxi appraised?</h3> <span class="faq-toggle">+</span> </div> <div class="faq-answer"> <p>An appraisal can be valuable, especially if you're looking for insurance or selling through auctions. It provides an expert's opinion on the car's value, which can be a benchmark for pricing.</p> </div> </div> <div class="faq-item"> <div class="faq-question"> <h3>Can adding modern upgrades lower the value of a classic car?</h3> <span class="faq-toggle">+</span> </div> <div class="faq-answer"> <p>Yes, if the car loses its original authenticity. However, tasteful upgrades that do not detract from the car's historical value can still be attractive to buyers looking for a blend of old and new technology or performance.</p> </div> </div> </div> </div>