Did the values of our S2ks just go up...?
Values have been on the rise steadily and I imagine will continue as these vehicles age and become harder to find clean examples.
According to a July '18 article in Hagerty's, (an insurance company for classic cars and a watcher of trending values) it states that prices are indeed going up for unmolested, later model yrs. https://www.hagerty.com/articles-vid...0-buyers-guide
Some people seemingly leave that part out of the equation. Had I been in the market for a S2000 a few years earlier I likely would have found a similar car for less money. A few years later the same car would likely cost me more. As it is, I was fortunate to find what I was looking for at a fair price when it was time to buy. Since buying the car my subsequent maintenance related expenditures have been low and the insurance costs have been reasonable. I don't daily mine and I have a place to store it when not in use. I don't drive it during the winter months so I'm not racking up a lot of miles. Yet even though I've left the car unmolested and I'm only tacking on a few thousand miles per year I'm decreasing the value of the car. That's just the way it goes.
That's okay because I wasn't attracted to the car as an investment. I try to keep the S in nice shape and in stock form because that's how it holds the greatest appeal to me personally. Whether the value of S2000's overall continue to rise, or simply remain stable (or if even if they go down) my car will always drop in value in a relative sense simply because I'm using the it. The way I look at it, after acquiring the car I'm now paying so many additional dollars a year for the privilege of driving and enjoying it. I won't have any idea what the real added cost of using the car will be until I were to sell it at some point down the road. Even then I wouldn't know how much my use of the car would have cost me unless around that same time someone else sells a S2000 comparable to my car as it existed back when I purchased it. Since I have no plans of selling the car I'll just focus on enjoying it for what it is even as I continue to lower the value. I'm okay with that.
That's okay because I wasn't attracted to the car as an investment. I try to keep the S in nice shape and in stock form because that's how it holds the greatest appeal to me personally. Whether the value of S2000's overall continue to rise, or simply remain stable (or if even if they go down) my car will always drop in value in a relative sense simply because I'm using the it. The way I look at it, after acquiring the car I'm now paying so many additional dollars a year for the privilege of driving and enjoying it. I won't have any idea what the real added cost of using the car will be until I were to sell it at some point down the road. Even then I wouldn't know how much my use of the car would have cost me unless around that same time someone else sells a S2000 comparable to my car as it existed back when I purchased it. Since I have no plans of selling the car I'll just focus on enjoying it for what it is even as I continue to lower the value. I'm okay with that.
With a car like the S2000 the only thing I really see mattering value-wise is the strain it places on potential buyers down the road. Seems to be the nature of the beast with all of the 90s and early 00 Japanese cars these days....Supras are off the charts, and RX7 FD values are going insane in terms of the gap between a decent and mint example with low miles. NSXs have always been up there but are really taking off too. Don't need to say anything about the ITR....
Anyone looking at their S2000 as a potential future investment is sorely mistaken unless they have an absolute time capsule under 1k miles....otherwise you might as well drive it, or just sell it now so you're not disappointed later. As already mentioned in this thread, it would be much more wise to invest your money elsewhere instead of looking for returns on an S2000 appreciating.
Only thing that sucks for me is I'll be in the market for another AP1 in a couple of years to keep mostly stock sans better tires and an oil cooler for tracking....Plus the lady wants one, so we'll share this one....I'm thinking NFR, red s2ks are pretty, and I love AP1s, kinda an unpopular opinion on s2ks, but I'll take an 02-03 AP1 over any AP2 any day.
Anyone looking at their S2000 as a potential future investment is sorely mistaken unless they have an absolute time capsule under 1k miles....otherwise you might as well drive it, or just sell it now so you're not disappointed later. As already mentioned in this thread, it would be much more wise to invest your money elsewhere instead of looking for returns on an S2000 appreciating.
Only thing that sucks for me is I'll be in the market for another AP1 in a couple of years to keep mostly stock sans better tires and an oil cooler for tracking....Plus the lady wants one, so we'll share this one....I'm thinking NFR, red s2ks are pretty, and I love AP1s, kinda an unpopular opinion on s2ks, but I'll take an 02-03 AP1 over any AP2 any day.
I've always gotten the impression that preferences were fairly evenly split. I think AP2s generally tend to bring more money on average simply because they are newer — so less material degradation from aging, lower mileage, etc.. Given your preferences that all works to your advantage as far as pricing goes. It's a bonus for you regardless of what anyone else thinks.
I've always gotten the impression that preferences were fairly evenly split. I think AP2s generally tend to bring more money on average simply because they are newer — so less material degradation from aging, lower mileage, etc.. Given your preferences that all works to your advantage as far as pricing goes. It's a bonus for you regardless of what anyone else thinks.
I won't lie, I had my heart set on AP2's for those reasons. Until I got my hands on a great AP1 and I fell in love with the more subtle, even elegant styling cues of the AP1.
Bonus about AP1, those bumpers clear a lot of crap!
I can make it up my driveway where as my 2009 Mazdaspeed 3 cannot (I've tried stock and moderately lowered on coilovers, nope).
I have the full service history for my AP1, including the dealer's window ticket for when it was sold by the first owner in 2008, with 31K miles on the odo. It was selling for $NZ6,000 ($US4,000) less than what I paid in October this year with 64K miles on it. So there's been a gradual trend upwards here, but certainly not enough to retire on. If it goes up I'll be happy, if it holds its value I'm happy too, but if it goes down then it's still allowed me to get back in touch with fun cars after years of dadmobiles.
At this moment, 34 S2000 are offerd nationwide in Germanys Nr. 1 Internetplatform for used cars.
14 of them are in the price range form 25.000 € - 38.999 €
The S2000 climbs in value in a insane way, at least here in Germany.
I hope the link work:
https://suchen.mobile.de/fahrzeuge/s...d=C&sfmr=false
14 of them are in the price range form 25.000 € - 38.999 €
The S2000 climbs in value in a insane way, at least here in Germany.
I hope the link work:
https://suchen.mobile.de/fahrzeuge/s...d=C&sfmr=false
I have the full service history for my AP1, including the dealer's window ticket for when it was sold by the first owner in 2008, with 31K miles on the odo. It was selling for $NZ6,000 ($US4,000) less than what I paid in October this year with 64K miles on it. So there's been a gradual trend upwards here, but certainly not enough to retire on. If it goes up I'll be happy, if it holds its value I'm happy too, but if it goes down then it's still allowed me to get back in touch with fun cars after years of dadmobiles.
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