How much is a 1988 Honda Prelude SI worth?
In today’s market, a clean, stock 1988 Honda Prelude SI generally trades in the range of roughly $3,000 to $9,000, with exceptional, low-mileage, or highly original examples potentially reaching higher prices.
The 1988 Prelude SI belongs to Honda’s mid-1980s to late-1980s era of sport-luxury imports, a time when condition, originality, and maintenance history largely determine value. Buyers today weigh how faithfully the car has been preserved, how well it runs, and whether it has been kept stock or heavily modified. Market demand can also shift by region and by how many of these late-’80s Hondas remain in drivable, presentable condition.
Price ranges by condition
Prices vary based on how well the car has aged, whether it runs reliably, and how complete its original equipment remains. The ranges below reflect typical market activity in the United States as of 2025, drawn from dealer listings, private-party sales, and auction data.
- Poor to Fair (non-running or substantial mechanical/cosmetic issues): $1,500–$3,000
- Fair to Good (drivable but with noticeable wear, cosmetics, or needed maintenance): $3,000–$6,000
- Good to Very Good (well-maintained, rust-free, clean title, solid mechanicals): $6,000–$9,000
- Excellent to Show (low miles, mostly original, impressive presentation): $9,000–$12,000+
Note: These ranges are approximate and can vary by market, color desirability, documentation, and whether the vehicle is kept stock or features period-appropriate modifications.
Factors that influence value
Beyond the broad condition categories, a set of specific factors often swings a Prelude SI’s price up or down at sale time.
- Originality and matching components: factory engine, transmission, exhaust, wheels, and trim pieces.
- Maintenance history: complete service records, timing belt replacement history, documented repairs, and known mechanical issues addressed.
- Rust and structural integrity: condition of the underbody, rocker panels, frame, and common rust sites; repair quality matters.
- Cosmetic condition: paint quality, interior wear, dash clarity, seat integrity, and absence of rust-induced damage.
- Odometer accuracy and provenance: verifiable mileage and a clean, verifiable title history.
- Documentation and paperwork: availability of original manuals, VIN verification, and any provenance (ownership history, receipts, prior auction results).
- Market demand and color/orientation: certain colors or configurations may be more desirable to collectors or enthusiasts.
- Modifications: tasteful, period-correct upgrades can appeal to some buyers, whereas heavy or inappropriate modifications may reduce value for purists.
Having thorough documentation, a clean title, and a well-presented car that remains close to stock tends to push the price toward the higher end of the range.
Tips for buyers and sellers
Whether you’re buying or selling, a careful appraisal and informed pricing strategy can make a difference in negotiations and final value.
- Have a trusted mechanic inspect essential systems (engine, transmission, suspension, brakes) and address any safety issues before listing or negotiating.
- Gather maintenance records, receipts, and proof of any major work to support a higher asking price or a better purchase offer.
- Check multiple sources—classifieds, dealer listings, Hagerty/NADA/Bring a Trailer valuations—to triangulate a fair market price in your area.
- Present the car with a clean, honest description and high-quality photos that highlight stock condition and any noted flaws.
Well-documented, accurately-priced listings tend to attract more qualified buyers and reduce negotiation friction.
Summary
The 1988 Honda Prelude SI sits in a market where condition and provenance drive value more than any other factor. Expect a typical range around $3,000 to $9,000 for running, well-preserved examples, with higher prices possible for exceptional, low-mileage, or highly original cars. If you’re selling, prioritize complete maintenance history and stock condition; if you’re buying, use a careful inspection and corroborated records to assess value accurately.
As with any classic car, the best strategy is to research current listings, consult multiple valuation sources, and consider regional demand to determine a fair, market-aligned price.
