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2001 Prelude!

 
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Old 12-20-2010, 09:06 PM
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2001 Prelude!

Hello all. I have an opportunity to buy a 2001 Honda Prelude with 115,000 miles for an asking price of $6,900 (dealer price). I looked it up in Kelly blue book and the price is a bit steep. Regardless of the price, what are some key things that I should ask and find out about this particular vehicle? Any issues with this year? Thank you for the help.
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Old 12-20-2010, 10:15 PM
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Re: 2001 Prelude!

Holy crap, the price is mountain high. But find out if the timing belt, water pump, seals, etc... were done. Thats your biggest factor. At 115k, it should've been done already. The honda dealer charges about $7-800 bucks for a timing belt maintenance. Unless your engine inclined and could do it yourself.
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Old 12-20-2010, 10:26 PM
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Re: 2001 Prelude!

Ok, will do. Thank you for the information. Do you all like the 2001 model? God car? What do you think would be a good price for the car? Should I offer, if I do want the car, $6,000 or below?
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Old 12-20-2010, 11:01 PM
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Re: 2001 Prelude!

if your walking in with cash show them $5500 thats what i would do and move up to 6000 if needed

+1 for timing belt and water pump. is it 5 speed or auto ? if is an auto, then i would not offer any where near the asking price
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Old 12-20-2010, 11:03 PM
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Re: 2001 Prelude!

That price is a lil steep. If the timing belt and everything has been done(and they have paperwork to prove it) then I would offer about $5,500. If it hasnt been done or they cant prove its been done, I would offer 5k
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Old 12-20-2010, 11:25 PM
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Re: 2001 Prelude!

thats a lot of money!
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Old 12-21-2010, 12:21 AM
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Re: 2001 Prelude!

Thank you. It's a manual. Wow, $5,500 is a low offer for what they're asking but it can't hurt. If they want to sell the car bad enough they might just take it. I will definitely ask them about those parts. Oh, how I'd love to have this car!!

I still don't think anything will top this 1987 Porsche 944 Turbo that I had the pleasure of riding in today. The guy has done a lot of good stuff to the car, including adding a chip that gives it an extra 40 or so HP. I have never been in a car that flat out... goes like this thing, given I haven't ridden in a ton of sport cars! I was blown away, to say the very least. Smiling from ear to ear!!!
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Old 12-21-2010, 06:07 AM
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Re: 2001 Prelude!

Yup, 944's gotta lotta torque and their rubbers tend to be meaty and wide. Coupled with a short wheelbase and wide stance, Porsche sure is a tight, special feel,
but wait and see what a Lude can be made to do ! My suggestion is study up on Ludes if u plannin on one.

7 G'z is alot for an 01'... Never pay exact asking price for anything used. What does this dealership represent ? Is it small time, or a well established dealership ?
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Old 12-21-2010, 10:05 AM
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Re: 2001 Prelude!

yeah just make sure its been well maintained, drop the price at least to 5500-6000
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Old 12-21-2010, 10:52 AM
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Re: 2001 Prelude!

is it from a honda dealer?
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Old 12-21-2010, 11:13 AM
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Re: 2001 Prelude!

where are you located ?
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Old 12-21-2010, 03:19 PM
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Re: 2001 Prelude!

I just bought a 2000 Prelude back in February with 97000 miles for 5500 dollars from a private seller, so if it is a dealer i would ask right around 5500 and buy it for no more than 6100-6200. just my opinion but i hope it helps!
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Old 12-21-2010, 05:41 PM
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Re: 2001 Prelude!

You should be fine offering 5500 to 6000... it is a used car and dealers will mark them high because they hope you dont know the true value of the car... i am sure they will want your buisness and will make something work.
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Old 12-21-2010, 09:19 PM
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Re: 2001 Prelude!

Over priced....wayy over priced.
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Old 12-21-2010, 10:55 PM
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Re: 2001 Prelude!

Thanks for the help! I live in Roanoke, VA and the dealership is called Shelor motor mile, it's pretty well known. I am going to call and just get some info on it tomorrow then check it out asap!!! I'm ready to rid of my 2003 Ford Taurus!
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Old 12-21-2010, 10:57 PM
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Re: 2001 Prelude!

I paid $6000.00 for mine just a month and a half ago but it is in pristine condition and I bought it from the original owner who bought the car off of the lot himself. This car has one scratch in the original paint and has been garaged it's entire life. It leaks no oil and runs strong! The only blemish on it is the lights are dingy from being old. I paid a lot because of the condition, if that car is owned by multiple owners, leaks oil, doesn't test drive well or anything other then something minor then it's over priced. If it's in almost new condition then it's worth it. It's hard for anyone here to tell you what it's worth without seeing or driving it themselves. Do your homework and make a good decision. If you walk into the dealer with cash you can talk them down to in between $5000-5500.00ish but if you are trying to finance the car then forget about it.
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Old 12-22-2010, 04:22 PM
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Re: 2001 Prelude!

This is the link to the carfax. CARFAX Vehicle History Report on JHMBB61481C009664
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Old 12-22-2010, 04:54 PM
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Re: 2001 Prelude!

The car is an auction car, and the guy said that he had no idea if it's had the timing belt or water pump replaced. If I do buy the car, what argument do I make about those parts to get a better deal?
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Old 12-23-2010, 12:54 AM
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Re: 2001 Prelude!

I donno if I trust auction cars... That's just me.
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Old 12-23-2010, 01:02 AM
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Re: 2001 Prelude!

Why? What should I look out for?
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Old 12-23-2010, 01:20 AM
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Re: 2001 Prelude!

Tell him to lower the price or give you a banger of a warrenty.

Or, you could just tell him it was an auction car, and that if your going to give him what he wants for it, he should replace the timing belt and water pump for you.
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Old 12-23-2010, 01:26 AM
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Re: 2001 Prelude!

Run away, you can find a better deal and get a manual transmission at the same time. The carfax just says to me RUNNNNNNN!!!!
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Old 12-23-2010, 02:59 AM
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Re: 2001 Prelude!

That carfax is nothing. You should see mine... and I quote "Accident reported Involving front impact Severe damage reported. Collision damage reported Damage claim amount was C$3,841."
Although I only paid $3000 for the whole car and it was just the front bumper that needed to be replaced which only would cost me about $500-600.

When I say I dunno if I trust auction cars is because usually auction cars were rented vehicles or had an issue and needed a quick sale. If you want, you could bring it to a dealership and have them inspect it. It'll cost you a bit of money but dealers inspect the hell outta the car so you'll know if you got a good one or not.
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Old 12-23-2010, 07:42 AM
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Re: 2001 Prelude!

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Originally Posted by andrewcjduong View Post
That carfax is nothing. You should see mine... and I quote "Accident reported Involving front impact Severe damage reported. Collision damage reported Damage claim amount was C$3,841."
Although I only paid $3000 for the whole car and it was just the front bumper that needed to be replaced which only would cost me about $500-600.

When I say I dunno if I trust auction cars is because usually auction cars were rented vehicles or had an issue and needed a quick sale. If you want, you could bring it to a dealership and have them inspect it. It'll cost you a bit of money but dealers inspect the hell outta the car so you'll know if you got a good one or not.
But really it's not worth that amount of money period and then he would be spending even more money to have it inspected when he could get something cheaper that's better and is manual. Just my opinion. I do like the idea of having the car inspected though, just makes sense.
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Old 12-23-2010, 07:59 AM
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Re: 2001 Prelude!

I bought mine for 6200 with 82xxx miles just look at the service vehicle record if the dealership is willing to show u.
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Old 12-23-2010, 12:27 PM
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Re: 2001 Prelude!

Ok, thanks for the info! The one that i'm interested in is a manual. I'm planning to go check it out after Christmas. So I could offer, if I like the car enough, say $5,500 or a bit more but say that I need the water pump and timing belt replaced.

May I ask, why are these two parts ones that seem to need replacing?
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Old 12-23-2010, 01:18 PM
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Re: 2001 Prelude!

I'd save the money and keep shopping around
Good things come to those who wait.
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Old 12-23-2010, 06:04 PM
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Re: 2001 Prelude!

Why would you say pass on this car if it runs perfectly and I can get it for around $5,500? Seems like a great deal if everything is working properly.

Still, is the water pump and timing belt prone to stress and wear? Is that why it should be replaced?
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Old 12-23-2010, 09:28 PM
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Re: 2001 Prelude!

no it id something that should be done every 100k/km or 60k/km and is a $500 to 1000 cost

and if its not done and ends up breaking.... well there goes your engine

so make sure thats done and you get paper work on it dont just take there word for it
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Old 12-30-2010, 07:23 PM
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Re: 2001 Prelude!

Ok, so I just read some threads on the Honda Tuning forum about the prelude and it's engine. It sounds like the H22 engine is not the best in the world for even just a simple turbo upgrade or whatnot because of the thin cylinder walls. I've heard that "sleeved" cylinders are a must when upgrading, but it's apparently expensive. What is a sleeved cylinder? Also, what's your take on the whole H22 engine? Thanks.
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