Current S2000 market conditions: Going up?
03-01-2017, 10:17 AM
#21
Registered User
I too would say they are going up.
I picked up a clean/stock MY2006 GPW with 35k miles on it back in 2013 for 19.5k.
The car now has 50k miles on it, but the same condition, from what I can tell is it would sell for 22k on the low end to 26k on the high end.
I wonder when or if the cars value will plateau or start dropping....
I picked up a clean/stock MY2006 GPW with 35k miles on it back in 2013 for 19.5k.
The car now has 50k miles on it, but the same condition, from what I can tell is it would sell for 22k on the low end to 26k on the high end.
I wonder when or if the cars value will plateau or start dropping....
03-01-2017, 10:20 AM
#22
As clean examples start to dwindle, the cost will go up, and logic states that as time goes on, clean examples will steadily start to decline. Also, expect them to climb even higher if a newer S2000 version is released.
03-01-2017, 02:04 PM
#23
Registered User
Join Date: Sep 2016
Location: Georgia, near Savannah
Posts: 26
Likes: 0
Received 0 Likes
on
0 Posts
I don't think the value will go up. I think we are maxed out. If the economy worsens, our values will plummet. Only a small subset of car buyers are interested in the S2000. If a decent Supra/BMW, new generation S2000, or such comes out, my car will be for sale.
03-01-2017, 02:35 PM
#24
I don't know - these roadsters are unique. It's hard to imagine that good low mileage cars won't increase in value as they get more and more scarce. The demand will continue to be strong - and to grow - as time goes on. None of us knows. But, I'd say its pretty hard to go wrong buying one of these cars.
03-02-2017, 07:17 AM
#25
And IF they ever release a new s2000, you know it won't be as pure as the current NA mt. And just like the prices of older generation nsx's, the prices will go up.
03-03-2017, 06:53 AM
#26
Of course supply and demand will be in effect for all S2000s with the unmolested more collectable units more valuable.
The demand side is more interesting.
Almost any driver could see a value in a solid used pickup truck or a well maintained Camry. While not exciting, they are very useful and practical for the majority of people.
An S2000 is useless and/or undriveable for 98% plus of the population but very exciting and rewarding for the remainder.
Price will always be determined by demand but the demand will come from a small aging demographic of increasing affluence.
My guess is slow, steady and unspectacular appreciation
The demand side is more interesting.
Almost any driver could see a value in a solid used pickup truck or a well maintained Camry. While not exciting, they are very useful and practical for the majority of people.
An S2000 is useless and/or undriveable for 98% plus of the population but very exciting and rewarding for the remainder.
Price will always be determined by demand but the demand will come from a small aging demographic of increasing affluence.
My guess is slow, steady and unspectacular appreciation
03-03-2017, 07:43 AM
#27
Of course supply and demand will be in effect for all S2000s with the unmolested more collectable units more valuable.
The demand side is more interesting.
Almost any driver could see a value in a solid used pickup truck or a well maintained Camry. While not exciting, they are very useful and practical for the majority of people.
An S2000 is useless and/or undriveable for 98% plus of the population but very exciting and rewarding for the remainder.
Price will always be determined by demand but the demand will come from a small aging demographic of increasing affluence.
My guess is slow, steady and unspectacular appreciation
The demand side is more interesting.
Almost any driver could see a value in a solid used pickup truck or a well maintained Camry. While not exciting, they are very useful and practical for the majority of people.
An S2000 is useless and/or undriveable for 98% plus of the population but very exciting and rewarding for the remainder.
Price will always be determined by demand but the demand will come from a small aging demographic of increasing affluence.
My guess is slow, steady and unspectacular appreciation
03-03-2017, 02:07 PM
#29
03-03-2017, 08:02 PM
#30
Registered User
I did a google search on NSX and got this. It will probably be the same for S2K if a new model comes up.
I've been a huge NSX fan, but now that I have some expendable cash, good condition examples are out of my reach. I was curious to see how much NSXs have appreciated in value, so I perused NSXPrime's for sale thread to see if I could observe a general trend.
Comparing 2015 to 2011, prices for early 90's NSXs have nearly doubled, while at the same time the mileage have also doubled (that's great and bad at the same time; sucks 'cause we're left with high miles and is great 'cause owners are enjoying them like they should be).
For early 90's examples:
2015 - ~$50k for cars with ~100k miles
2011 - ~$25k for cars with ~60k
That's only in 4 years!! (Inflation over those years has been ~6%, while increase in price is ~100%)
I want to note that in 2002, most early 90's examples were $30k+. So, there was a dip obviously somewhere after 2008.
You can call me out on my math, flame me, discuss what alternatives there are, whatever. Let's talk NSX.
Comparing 2015 to 2011, prices for early 90's NSXs have nearly doubled, while at the same time the mileage have also doubled (that's great and bad at the same time; sucks 'cause we're left with high miles and is great 'cause owners are enjoying them like they should be).
For early 90's examples:
2015 - ~$50k for cars with ~100k miles
2011 - ~$25k for cars with ~60k
That's only in 4 years!! (Inflation over those years has been ~6%, while increase in price is ~100%)
I want to note that in 2002, most early 90's examples were $30k+. So, there was a dip obviously somewhere after 2008.
You can call me out on my math, flame me, discuss what alternatives there are, whatever. Let's talk NSX.