If you don't want to believe that prices of iconic 90s Japanese cars are skyrocketing like crazy, this 2000 Honda Civic Type R might change your mind. One was recently auctioned in Japan, and it sold for over JPY 11 million. Converted, that's roughly PHP 4.87 million, making it possibly the most expensive EK9 ever. For reference, the current Civic Type R (FK8) retails for PHP 3,180,000.

“Brand new” Honda Civic Type R EK9 sold for JPY 11 million image

Before you post your EK9 for sale for nearly PHP 5 million, there is a catch to the one that sold at auction. Simply put, this is possibly the closest you can get to buying a brand new 2000 Civic Type R. For starters, the car has only covered 4,099 kilometers in its 21-year life. The auction inspectors also gave it a grade of 5/A, the highest score for a vehicle possible. It's also in the highly sought-after Phoenix Yellow, or as some might call it “Spoon Yellow”.

“Brand new” Honda Civic Type R EK9 sold for JPY 11 million image

Additional photos of the vehicle show the interior is in immaculate condition, and more importantly, all-original. With this Type R being the more “entry-level” variant, it doesn't come with a radio or even power-operated windows. Noticeably, it doesn't have the chunkier Type R steering wheel with an airbag. The sport bucket seats are even covered in plastic to ensure they remain pristine.

“Brand new” Honda Civic Type R EK9 sold for JPY 11 million image

It's the same story under the hood. The factory 1.6-liter B16B engine looks fresh and is in the original factory specification. No Spoon or Mugen parts here. More importantly, the paint on the valve cover isn't coming off yet as with B-Series engines today.

“Brand new” Honda Civic Type R EK9 sold for JPY 11 million image

Given the condition of the Civic Type R, we wouldn't be surprised if a collector ends up buying it. But this is not the first time a Civic Type R was sold for crazy money. For reference, a similarly clean 2000 Civic Type R with only 2,549 kilometers sold for JPY 7.64 million in July last year. Now, it's at JPY 11 million after just a year and this one has slightly higher mileage than last year's vehicle. Crazy, right?