S2000 Talk Discussions related to the S2000, its ownership and enthusiasm for it.
View Poll Results: Are GPW S2000's worth the heavy $$$ premium? Sometimes as much as $3-$
Yes
42.53%
No
45.98%
Maybe
11.49%
Voters: 87. You may not vote on this poll

Are GPW S2000's worth the heavy $$$ premium?

Thread Tools
 
Old Sep 15, 2013 | 01:32 AM
  #11  
darkfalcon's Avatar
Community Organizer
10 Year Member
Liked
Loved
Community Favorite
 
Joined: Aug 2011
Posts: 2,260
Likes: 81
From: South City
Default

Got mine 2 years ago for my '06 GPW with 61k miles, bone stock @ $18.5k. Well worth it IMO for a nicely maintained, California owned example.
Reply
Old Sep 15, 2013 | 04:35 AM
  #12  
Da New Yawka's Avatar
Thread Starter
Registered User
 
Joined: Apr 2013
Posts: 854
Likes: 2
Default

Originally Posted by jakescakes
Originally Posted by Da New Yawka' timestamp='1379204749' post='22778456
Here goes a few examples of GPW's going for $$$. I would def be embarrassed telling anyone I paid $26k for this one.

http://www.autotrader.com/cars-for-s...gIndex=7&Log=0


Or $27.9k for this WHITE 2010 Nismo 370z:
http://www.autotrader.com/cars-for-s...gIndex=2&Log=0
Surprisingly, KBB retail is $27823 on the 05 GPW.



Also, Carfax shows accident on the Nismo Z. But it seems like a lot of the cars from EMG dealership have history of accidents with an occasional stolen vehicle, but they have some very nice 1 owner cars for sale too.
KBB isn't accurate when it comes to book values. We got people saying their 2001 Ap1 with 130k miles on KBB is worth $15k or something crazy like that. Here is a slightly more accurate look through NADA on that 2005 S2000...$21.2k

http://www.nadaguides.com/Cars/2005/...ster-2D/Values

Rosairo, our official Honda salesman, will give u the 411 on KBB book values.


When I say "GPW premium", I'm not talking $1-2k above what other S2k's cost. I'm talking $3-5k over other comparable S2k's are selling for.

Take that 2008 Rio Yellow above.in the link and picture it GPW. A seller on S2ki would want $29k for it, without hardtop.

The seller of the Rio Yellow is asking $27.9 w/ hardtop. Buy the car and sell the hardtop for $3500 and u know have a 2008 S2k for $24.5. I shouldn't even be saying this, since we have some S2000 flippers for profit on S2ki.

WE KNOW WHO YOU ARE!!!!
Reply
Old Sep 15, 2013 | 05:01 AM
  #13  
Da New Yawka's Avatar
Thread Starter
Registered User
 
Joined: Apr 2013
Posts: 854
Likes: 2
Default

For the people who clicked "yes", you'll pay the GPW premium, will u pay $21.8k for this 2003 GPW with 45k miles, when u can buy a NFR or a Spa for $15.5k same miles condition??
http://www.autotrader.com/cars-for-s...Index=22&Log=0

Or you'll pay $20k for this 2002 GPW with 50k miles:

http://www.autotrader.com/cars-for-s...gIndex=5&Log=0

U can easily find other colors (pick one) for a $4k or $5k savings. This is what I mean by the GPW premium. That 2002 is nice, if the miles were in the low to mid 20's....
Reply
Old Sep 15, 2013 | 05:42 AM
  #14  
Isduy's Avatar
Registered User
 
Joined: May 2013
Posts: 14
Likes: 0
Default

GPW is a classic honda color, if u got the money go ahead and get it, if not be patient and keep looking. You don't ever want to get a color u don't absolutely love. You'll be kicking yourseft in the butt when a GPW pulls up next to you lol!
Reply
Old Sep 15, 2013 | 06:03 AM
  #15  
Da New Yawka's Avatar
Thread Starter
Registered User
 
Joined: Apr 2013
Posts: 854
Likes: 2
Default

Originally Posted by Isduy
GPW is a classic honda color, if u got the money go ahead and get it, if not be patient and keep looking. You don't ever want to get a color u don't absolutely love. You'll be kicking yourseft in the butt when a GPW pulls up next to you lol!
Or pulls up on your web page, lol. I made the mistake of buying color #3 on my list. Back in Feb. 2008, I was just happy to get approved for a S2000. I would probably be cool with Silverstone, if 1 out of every 3 S2000's weren't Silverstone. I didn't know that when I bought it. I always like having the rare colors.

I want to sell my Silverstone w/OEM hardtop, but its such a big price difference jumping.into a 2006 GPW. My car without the Hardtop (67k miles) , I can only get $13.5 MAX for it

. Meanwhile a 2006 GPW with 50k or under Is going to be $20-22k on average. We are talking $7 to $8k more. And there is a HIGH chance, my car is cleaner.

So yes, I'm kind of "hating". I'll admit it.
Reply
Old Sep 15, 2013 | 06:46 AM
  #16  
1nate7's Avatar
20 Year Member
Liked
Loved
 
Joined: Feb 2005
Posts: 4,273
Likes: 29
From: Tucson
Default

It's well documented that S2000 resale is really strong right now, especially on low mileage 06+. The biggest reason is that it's hard to replace a S2000 at any price point, let alone under $30k. People are willing to pay a premium for a nearly new car that is no longer in production.

If your car is really clean then I think you can get more than $13.5k. Are you willing to part with the hardtop? I sold mine and it will make up a large chunk of the difference, very easy to sell for around $3k. Again, patience is going to be necessary. It may not be possible, but I would have cash/financing ready to go. You will be kicking yourself if the right car comes along and you have to say "I want to buy your car but I have to sell mine first, can you hold it for me?" This happened to me 2.5 years ago on a Laguna Blue, sold before I could sell mine and I wasn't going to let it happen again. This time around I had 2 S2000's for a short amount of time, luckily my AP1 sold fast.
Reply
Old Sep 15, 2013 | 06:57 AM
  #17  
rob-2's Avatar
Registered User
 
Joined: Jul 2009
Posts: 8,655
Likes: 171
Default

Paying more for a color is silly. $5k is a repaint.
Reply
Old Sep 15, 2013 | 07:02 AM
  #18  
preludepatrick's Avatar
Registered User
 
Joined: Mar 2008
Posts: 173
Likes: 0
Default

No and anyone who charges more for a car because of the color is a douchebag.
Reply
Old Sep 15, 2013 | 07:16 AM
  #19  
crcolton's Avatar
Registered User
 
Joined: Sep 2012
Posts: 96
Likes: 0
Default

I've got a 07 GPW and I paid a premium for the car, not because I wanted white but because I wanted low miles and no accidents. Part of the premium was the color and part was the miles... I agree you shouldn't be paying 5k more just for the color but the reality is you'll likely pay 2k to 3k more for a GPW than anything else. I paid 23k for my 07 with 35k miles and it had small tares in the normal soft top spots as well as a few rear bumper scratches... but after 3 months of looking at cars and having people lie to me about accidents I picked up the cleanest I could find and paid a premium for it.
Reply
Old Sep 15, 2013 | 07:56 AM
  #20  
AZH's Avatar
AZH
Registered User
 
Joined: May 2013
Posts: 569
Likes: 2
Default

I also own a '07 GPW and paid about 1-2k more than I should have but I wanted GPW. Meaning it was about 1-2k more than other '07 S2Ks with similar mileage I looked at. You have to realize that those are just asking prices listed in the above examples. I bought mine for about $4k lower than the asking price. While we were finalizing the sale he still had people calling him outbidding me but he kept to his word and sold it to me. He said most callers were from out of state which shows that there is demand for S2Ks, maybe more so for GPWs? But higher demand, lower production numbers and the fact that they are no longer in production will definitely mean higher pricing. I think these cars in general may start holding or gaining value in the near future (as long as low miles and stock).
Reply



All times are GMT -8. The time now is 02:23 AM.