S2000 Talk Discussions related to the S2000, its ownership and enthusiasm for it.

Buying High Milage

Thread Tools
 
Old Jun 10, 2015 | 03:55 AM
  #1  
flexctacy's Avatar
Thread Starter
Registered User
 
Joined: Apr 2009
Posts: 10
Likes: 0
Default Buying High Milage

Im sure this is posted elsewhere, but looking to buy another s2000. i have found quite a few but am concerned with price and milage. most are over the KBB, but i wouldnt do anything til they dropped it close to it. how many miles is too much?? if it is well taken care of would 120k on a 05 be too much? asking 16000? dont want to make a bad decision like i did getting my bmw. appreciate the responses. Thanks.
Reply
Old Jun 10, 2015 | 04:11 AM
  #2  
flexctacy's Avatar
Thread Starter
Registered User
 
Joined: Apr 2009
Posts: 10
Likes: 0
Default

Or '03 with 119. Priced at 14+ but KBB is 11125 fair and suggested is 12725. If i cant get them to move to those i will not buy.
Reply
Old Jun 10, 2015 | 05:37 AM
  #3  
sanjay's Avatar
15 Year Member
 
Joined: Jul 2008
Posts: 368
Likes: 0
From: Toronto
Default

For what it's worth the KBB doesn't apply to the S2000 before.

The car has appreciated a lot lot (for obvious reasons)
Reply
Old Jun 10, 2015 | 05:56 AM
  #4  
flexctacy's Avatar
Thread Starter
Registered User
 
Joined: Apr 2009
Posts: 10
Likes: 0
Default

but to charge $3000 more? not worth it
Reply
Old Jun 10, 2015 | 06:39 AM
  #5  
Car Analogy's Avatar
10 Year Member
Photogenic
Photoriffic
 
Joined: Aug 2012
Posts: 8,743
Likes: 1,850
Default

Unless the car is going to be a pristine weekend only canyon carver, miles are no issue. Zero. None. Nada. 不是。

More than almost any other performance car, this car ages well regarding miles.

Yes, like any other car, if it wasn't taken care of, it can suffer. But as far as cars that, even if taken care of, can leave you with huge maintenance or repair bills, just from racking up miles, this isn't one of those.
Reply
Old Jun 10, 2015 | 06:40 AM
  #6  
cosmomiller's Avatar
10 Year Member
Liked
Loved
Top Answer: 1
 
Joined: Aug 2012
Posts: 7,823
Likes: 3,366
From: Foothills East of Sacramento
Default

NADA can help. The marketplace deals with what people are willing to pay. If you come across something that you really like, you may consider getting it even if you think KBB has it a little less; it may be hard to find these cars in the one you are looking for. Its like art; get what you like and the "value" be dammed.
Reply
Old Jun 10, 2015 | 08:26 AM
  #7  
takeshi's Avatar
Registered User
 
Joined: Aug 2007
Posts: 4,359
Likes: 3
From: Houston, TX
Default

Originally Posted by flexctacy
Im sure this is posted elsewhere
Yup. As stated in countless prior threads, miles are just miles. It's the maintenance, care and condition of the vehicle that matter more. If you aren't qualified to assess these thing then pay for an inspection with a reputable shop/service/mechanic.

Originally Posted by flexctacy
most are over the KBB, but i wouldnt do anything til they dropped it close to it.
What people are willing to pay determines the pricing -- not the guide. S2000's are in demand and supply tends to be a bit short so they do tend to sell over book. You need to look at recent comparable sales (just as you would for anything) to determine what's reasonable for your market.

Originally Posted by flexctacy
but to charge $3000 more? not worth it
Worth is highly subjective. If you're looking for one on a budget then be prepared to be in the search for the long haul. It's up to you to determine where you're willing to compromise and where you're not.
Reply
Old Jun 10, 2015 | 10:26 AM
  #8  
Fokker's Avatar
Community Organizer
10 Year Member
Photogenic
Photoriffic
Liked
 
Joined: Mar 2013
Posts: 3,171
Likes: 53
From: Tucson, AZ
Default

Depends on the location and prices in the area really. See how much similar examples are selling for in the area. Personally, I wouldn't pay that much for that kind of mileage unless they were pristine, well-kept examples.
Reply
Old Jun 10, 2015 | 03:24 PM
  #9  
Jah2000's Avatar
10 Year Member
Liked
Loved
Community Favorite
 
Joined: Mar 2015
Posts: 1,369
Likes: 137
From: Cali
Default

KBB is recently and now very accurate actually. Also, their prices and values are known to be on the high side really.

Fair price is either "Very Good" or "Excellent" or in between. Anything a couple grand higher is crackhead prices and I wouldn't pay for one higher than "Excellent" value. I've seen a couple crackhead prices every so often, and they obviously don't sell (eg: MY05 120k for $20k is def crackhead prices).
Reply
Old Jun 10, 2015 | 03:27 PM
  #10  
Jah2000's Avatar
10 Year Member
Liked
Loved
Community Favorite
 
Joined: Mar 2015
Posts: 1,369
Likes: 137
From: Cali
Default

Originally Posted by flexctacy
Or '03 with 119. Priced at 14+ but KBB is 11125 fair and suggested is 12725. If i cant get them to move to those i will not buy.
I've seen MY00-03 with 60k-75k miles sell for $13k and below (the owners told me how much the final price was). MY03 with 119k miles for $14k+ is crackhead prices.
Reply



All times are GMT -8. The time now is 05:11 PM.