Honda NSX (NA1)

The Honda NSX NA1 in Australia has weakened sharply over the past year, with the median price falling to AUD $92,500 from approximately AUD $113,000—an 18.5% decline that signals clear downward momentum in this segment. The SELL signal and depreciating status reflect sustained pressure rather than a momentary dip.

The Australian market has tracked only five sales of this model over the past twelve months against a total sample of eighteen transactions, indicating thin liquidity that constrains both buyer and seller flexibility. With no active listings currently, any interested parties face limited immediate options, though the thinness of trading also means isolated sales can move the median more sharply than in deeper markets.

The NA1 generation remains classified as appreciating classic with moderate desirability, supported by its status as an iconic Japanese supercar from a production run of 18,734 units globally. However, this classification appears disconnected from the actual price trajectory, suggesting the market's collectibility premium is eroding or that condition and specification variance is creating wider dispersion in asking prices.

Cars transacting in the current market show an average mileage of 14,778 kilometres, indicating generally low-use examples that would typically command stronger pricing. The fact that even low-mileage examples are facing headwinds suggests the weakness is structural rather than driven by rising mileage concerns.

The outlook over three and five years points to steeper declines, with the base projection showing a drop to AUD $58,167 by year three (37.1% loss) and AUD $50,488 by year five (45.4% loss). These projections reflect sustained depreciation pressures that may reflect broader market softness in the Australian collector-car space or shifting demand away from first-generation NSX models toward newer variants or competing platforms.