http://www.theautochannel.com/news/2...08/017690.html

This was 06 though...

 

Looking into this further one will see they show the 350z roadster also drops ~10K the first year. The Corvette Convertible drops $16k and the Porsche Boxster drops $12K. Seems as if the S2K does well unless you look at the 2008 MX-5 which only drops $4,600 in the first year. The Saturn Sky Redline drops $8,700 in the first year. BTW a M-B SLK 55 AMG drops $19,250 in its first year....

 

Yep. Those who bought 06 models shortly after they were released had no chance at getting one for very much less then invoice. I remember a past car forum I was on, and when I mentioned I got my 06 for $31200, they were all like. DAMN, great deal, congrats.

I then noticed that about 6 months later entering the final months of 06, they were offering lease deals, and the prices start dropping. It got worse, because Honda decided to keep the production level the same, while the market was falling. SO that was the S2000 in 06, and now it's at the very bottom. Such is life.

 

Which dealer is this?

 

$10,100 = 29.7% of est. $34,000 MSRP

It seems like the selling price for the last few years has been typically $2k or more under MSRP, and in some cases as much as $6-7k.

Therefore, that $10,100 should realistically be a range:
High (price paid: $32,000+TTL, fair price before surplus hurt value)
$10,100-$2000 = $8100 = 23.8% of MSRP
Medium (price paid: $30,000+TTL, common good deal after surplus)
$10,100-$4000 = $6100 = 17.9% of MSRP
Low (price paid: $27,500+TTL, dealer demo or screamin' deal)
$10,100-$6500 = $3600 = 10.6% of MSRP

The reported depreciation of 30% over the first year is very poor for a Honda, but the realized depreciation is 11% to 24%, which isn't terrible, IMO. Of course, I'm on the low end, so maybe that's why I don't feel it's too bad.

 

Yeah, you couldn't get a deal like that in SoCal.

 

Depreciation is a hard number to determine.

Every new car depreciates most rapidly in the first 2 years after that it slows considerably.

Factors.....
Where are you? Minnesota or Florida?
What time of year is it? Dec or May?
What color is the car? Purple or silver?
How common is the car?
What mileage is on the odometer?
Has there been a recent styling change by the factory?
Has production ended?
What's the economy doing nationally?
What's your local economy like?
Has a hot new competitor just hit the market?
Has there been a highly publicized recall or quality problem with the model or brand?
Yada, yada, yada............

 

I think the S2000 is worth it; gota pay to play.

 

depreciation on any new car is bad. hence why the financially intelligent decision has always been to buy a slightly used car. considering how long cars last nowadays, coupled with the fact that an average person doesn't even come close to utilizing a car for its entire useful life, buying a car with a year's worth of wear in tear is more than worth the drop in cost you will realize.

 

I found the original paperwork in the secret compartment,the dealer didnt find it....lol,anyway my MY00 sold for 52K before TTT