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Category: News
Make: Honda
Model: Prelude
Year: 1987

Sometimes the most unassuming vehicles can hold a value high enough to shock other automotive enthusiasts and bewilder those who may not understand the power of nostalgia. Sold in immaculate condition for $79,000 during a no-reserve auction in late-July 2023, this 4,200-mile 1987 Honda Prelude is one of those cars.

The Honda Prelude, first introduced in 1978, is a two-door sports car that was produced by the Japanese automaker for five generations, with 826,082 examples sold in the United States from 1978 through 2001. During that time, Honda developed the Prelude to be a high-tech sports coupe with a focus on exemplary driving dynamics. MotorTrend calls the Prelude “the most complex, state-of-the-art Honda short of the NSX.”

For 1983, the second-generation Honda Prelude switched its boxy dress code for an all new-chassis and body featuring a wedge head, two-door notchback design with fashionable pop-up headlights. It’s this generation that proved to be the best-selling in the Prelude model’s history. The 1987 Honda Prelude featured here was one of the last second-generation cars to be produced before the Japanese automaker switched gears to the third generation.

The 1987 Honda Prelude’s fuel-injected 2.0L inline-four was factory rated at 110 horsepower and 114 lb-ft of torque. This example, which sold on Bring a Trailer, showed just 4,200 miles on the mechanical odometer before the sale. A window sticker reportedly displayed a total original price of $15,154 from when it was purchased new. The hammer price of $79,000 doubles last July’s record sale price for a Prelude of this era, which was a five-speed 1986 Honda Prelude 2.0SI with 29,800 original miles.

The price of this Prelude could have bought a new BMW Sports Coupe, 2023 Chevrolet Corvette, 2022 Audi TT RS, or the 2023 Porsche 718 Cayman or Boxster. It could have even purchased a 1990s Honda NSX supercar with higher miles, but for some well-to-do automotive enthusiasts, you can’t put a price tag on nostalgia.

Five-Speed All-Original 1987 Honda Prelude 2.0Si Sells for a Shocking $79,000 at Auction
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