My input: Just bought a MY04, 16,000 miles, accident free, no paintwork (in other words, mint!) for $19,500. Broker bringing it up to Canada for me. Car was a 1 owner lease, it was not bought out at the end of the 3 year term, was sold at auction.

 

MY05 NFR, near mint, Honda Certified warranty until 2012, 8997mi. $23700 + TTL.
Dealer asking price was $25900 + TTL. Car was a lease return to the original selling dealer.

 

I'm looking at a MY07 with 3000 miles on it, silver with red/black interior, XM sat option installed, clean carfax, bought by original owner 3 months ago - defaulting on loans ... is 25k reasonable? not a whole lot of people buying these cars it seems ...

 

01 Pearl white paint, veilside wide body molded, OEM hardtop. 55k, clean title. $7,800 from a friend. had a blown motor.
4k for jdm motor/trans/ecu. 4200 shipped with 3x,000 on it.

so about 12k

 

Whats up guys? I'm new here. Heres my situation. I'm joining the Navy. I screwed up my credit. I'm 20 yrs old. I want an S2000. I was thinking about buying a new one bc I want to keep trac of break in, maintainance and such. (picky) If I put down 10k cash do you guys think I could get financed? Thanks in advance--Matt

 

New airman or sailors should not be buying new vehicles, especially at your age.

If you are set on getting an s2000 be aware that even with a decent my05, you are looking at 350-400 dollar a month payment and insurance rates over 200 dollars a month. That is already almost half of the income for a new military member. A new car could end up pushing 1k a month with poor credit.

I have seen way to many young men and women in the military make mistakes with newer, fast cars while they are young. Too many tickets and too many wrecks.

Tanrael
14 years Air Force

 

Thats the truth. PMR you have to realize that you will be getting underway all the time and your car will just sit there and rot. Fix your credit, actually go to the fleet and figure out what its all about and then if you still want a car get a used one.

 

Digging up this thread for a price question...

Anyone knows how much CRs are going for now? A local dealer has a black one marked up (yeah, whatever) to $40k. I think they are out of their minds.

Reason I am asking is because my lease is up in 3 months. I am going to turn in the NFR and lease a car (haven't decided yet). Now comes the news that S2K is finally gone, I am considering the CR as my next vehicle.

Any insights are appreciated.

 

A number of people here have seen leftover 2008 CR's for under $30k.

 

One new owner bought his for $10k below MSRP.