Barrett-Jackson 2019...the s2000 hits the big time
#21
Thread Starter
the owner's manual does not recommend dropping the hood- I think it reads don't drop it from more than 6 inches or something or other. Its aluminum and there is a real risk that the drop will bend/crease the hood skin at the latch- my previous AP1 was dropped at some point in its life.
The billman250 method involves bringing the hood down to the latch level, then give the hood a little flip up.
darcy
The billman250 method involves bringing the hood down to the latch level, then give the hood a little flip up.
darcy
#24
Absolutely nuts.
#25
#26
Thread Starter
But...if you enjoy driving your car and have more than 30,000 miles, this high auction value will mean nothing and the value of your driven s2000 will just slowly increase or stay stable. Just because the speculators are paying lots of dollars does not mean that my 60K mile 2006 is worth anything close to that.
So, you'll put the car away, never drive it, never enjoy the visceral sensation of running to redline with the wind in your hair because every mile means fewer dollars on the tail end.
My opinion is that MY 2000 up to mid 2002 do not hold as much high dollar collector appeal. For me, 2003 is the AP1 to collect since they really worked out most all of the issues. To have a nearly zero mile s2000 in the garage would be full of win...but I'd drive it and that's not good for its collector appeal. After that, zero mile CR's will be collectable. And note, colour does not seem to affect these high auction prices.
I can't help but wonder if someone put a bug in these buyers ear and told them about that Mecum auction result - "Hey, if you buy that car at $50,000, you could turn around and sell it for $72,000." I don't think they really know what they're buying- they just see dollar signs.
Kind of like that automatic NSX selling for nearly $100K- again, I think someone said "oooo, NSX's with low mileage sure do command lots of dollars and the prices are just going up. I better buy one now."
But, that is really just my opinion.
darcy
Last edited by darcyw; 01-22-2019 at 05:22 PM.
#27
I think this last post made by darcy is one of the most insightful comments I've seen on S2000 pricing as of late. The price people are paying these days for cars with only a couple thousand miles or less has little to do with the price my car would fetch. If I never drove my S2000 again I might realize only a slight gain in the price I could get for it a few years down the road, but what a waste that would be. In my opinion the fun found in driving one of these cars certainly justifies the cost in this case. As far as collectibility is concerned, I'd guess that the 2000 and 2009 year models will end up bringing the most money over the long haul (I'm not counting CRs in this equation).
#28
Moderator
My opinion is that MY 2000 up to mid 2002 do not hold as much high dollar collector appeal. For me, 2003 is the AP1 to collect since they really worked out most all of the issues. To have a nearly zero mile s2000 in the garage would be full of win...but I'd drive it and that's not good for its collector appeal. After that, zero mile CR's will be collectable. And note, colour does not seem to affect these high auction prices.
I can't help but wonder if someone put a bug in these buyers ear and told them about that Mecum auction result - "Hey, if you buy that car at $50,000, you could turn around and sell it for $72,000." I don't think they really know what they're buying- they just see dollar signs.
darcy
I can't help but wonder if someone put a bug in these buyers ear and told them about that Mecum auction result - "Hey, if you buy that car at $50,000, you could turn around and sell it for $72,000." I don't think they really know what they're buying- they just see dollar signs.
darcy
#30
The new MSRP was about $34,500 if I remember correctly (and I am probably off) at 8% average in the market from 2001 to 2018 would have yielded $127,600. You'd have to pay 15% capital gains on that money, but you'd still end up with way more money than bubble wrapping your new car. You would also need to spend money to insure, minimally maintain, and license that car over that period. The seller, if they were the original purchaser, did not make much money. They could have made about as much putting it into a bank CD.