There has been a lot of debate regarding the CRX name in the past. Some suggested it came from “Civic Racing Experiment” while others slammed the table saying it must come from “Civic Renaissance Model X.” Apart from the mysterious nomenclature, the CRX was a blast to drive because Honda designed it as a lightweight hatchback that wasn’t aiming for top speed or acceleration records. Still, is it worth $70,000 today, even for a pristine model?

Between you and me, for $70,000 you can bag a brand new car that is both fast and a corner-carver. Strictly for the sake of the argument, the new BMW M3 starts at $69,900, so there’s that. This, however, is an incredibly special Honda CRX if we are to believe a cheeky ad that popped up on Autotrader.

Ignore that the said ad dubs it the “most cleanest, genuine, lowest mileage CRX VTEC in the whole world.” Apparently, it amassed just a little under 11,000 (documented!) miles under its belt as it belonged to “one lady owner who sadly passed away.”

The CRX was first registered by a Honda dealer in London back in 1992 and not only it comes with all the original paperwork but it’s a mint-condition unit, too; the spare wheel is unused as are the jack and the other tools it came with. Still, though, is it worth £49,750 (or about $70,000)?

As Car Throttle points out, CRX prices have been going up lately, with some units sold for anything between $27,000 and $33,600. The same source says the car also popped up on eBay last month and was sold for a winning bid of £16,500, or about $22,800. That sounds more like it.

Now, we should not discredit the CRX just because of this unrealistic starting price. Oh, and the CRX was only the first Honda to get a VTEC engine, after the Integra and ahead of the NSX.

Finally, the CRX was named Motor Trend’s Import Car of the Year for 1984 and made it to Car and Driver’s Ten Best list for the next year, and then again in 1988, with the redesigned version. It also appears as the Blista Compact in GTA Vice City, GTA San Andreas, and GTA IV, as well as in Forza Motorsport (in JDM SiR spec) and Gran Turismo (where you can tweak it with Mugen upgrades).

Then again, $70,000 for a CRX?