wow, my car is worth 1000 more than last month. It will keep going up from here.

 

 

What “book” are you referring to?

According to Edmunds TMV, the value of my s2k has decreased.

 

Our Audi went up in value compared to this time last year.

 

KBB values for a 2002 S2000 over the last 6 months:

2002 12k miles - 3/19/2010
Excellent $12,000
Good $11,275
Fair $10,325

2002 12k miles - 1/10/2010
Excellent $11,675
Good $10,950
Fair $10,020

2002 12k miles - 9/9/2009
Excellent $12,975
Good $12,175
Fair $11,200

 

Is that reflecting season, economy, or both?

 

My guess is seasonal more than economy.

Fun facts:
- KBB price on this car doesn't change for mileages between 0 and ~50k
- For as long as I've been watching S2K prices on KBB, they have been lower than most sellers are willing to sell at.
- Prior to car prices taking a dive in Fall 08, the KBB prices favored the seller, and were generally higher than buyers were willing to buy at.
- I think Edmunds.com generally has more accurate real world pricing.

FWIW YMMV BBQ

 

I'd like to see the prices go to $1 resale value, that way I could never ever justify getting rid of it ;P

 

Looks like mine is up a little also from $19,900 when bought in Nov to $20,375 (Private sale kbb)

 

if everyone pulls their S out the market and turn down all offers made to them, then supply and demand will send the value of our cars skyrocketing.