How much should I expect to pay?
06-18-2008, 10:36 AM
#1
Registered User
Thread Starter
Join Date: Oct 2007
Posts: 85
Likes: 0
Received 0 Likes
on
0 Posts
How much should I expect to pay?
How much should I be expecting to pay for a S2000 in ~ 2 years?
Looks like the value of the S2000 has been dropping about $1000 each year, even more for modifications done, damage ( even the slightest ) and mileage.
I'm guessing ~ $9000?
What do you think..?
Looks like the value of the S2000 has been dropping about $1000 each year, even more for modifications done, damage ( even the slightest ) and mileage.
I'm guessing ~ $9000?
What do you think..?
06-18-2008, 11:20 AM
#2
Registered User
Your question is too vague.
The price will fluxuate depending on condition, year of the car.. etc.
Maybe you can get a 150,000mile MY00 salvage title for $9k. But I doubt you can find a low mileage clean title MY04+ for $9k within the next 5 years.
Demand and Supply will also come in play... what if Honda decides to discontinue the car?.. There are many variables that come into play.
The price will fluxuate depending on condition, year of the car.. etc.
Maybe you can get a 150,000mile MY00 salvage title for $9k. But I doubt you can find a low mileage clean title MY04+ for $9k within the next 5 years.
Demand and Supply will also come in play... what if Honda decides to discontinue the car?.. There are many variables that come into play.
06-18-2008, 11:23 AM
#3
Look it up in the black book. Financial institutions put a lot of effort into figuring out the depreciation rates on these things. Beyond that it will come down to the individual situation of the seller. If the S2K is keeping him from paying rent, you'll probably get a deal.
If he is like most of the private sellers I've spoken to, he doesn't really want to sell it and just has the ad up to appease his wife.
If he is like most of the private sellers I've spoken to, he doesn't really want to sell it and just has the ad up to appease his wife.
06-18-2008, 11:29 AM
#4
Originally Posted by amik,Jun 18 2008, 01:23 PM
If he is like most of the private sellers I've spoken to, he doesn't really want to sell it and just has the ad up to appease his wife.
06-18-2008, 12:39 PM
#5
Registered User
Originally Posted by vincewchan,Jun 18 2008, 01:20 PM
Your question is too vague.
The price will fluxuate depending on condition, year of the car.. etc.
Maybe you can get a 150,000mile MY00 salvage title for $9k. But I doubt you can find a low mileage clean title MY04+ for $9k within the next 5 years.
Demand and Supply will also come in play... what if Honda decides to discontinue the car?.. There are many variables that come into play.
The price will fluxuate depending on condition, year of the car.. etc.
Maybe you can get a 150,000mile MY00 salvage title for $9k. But I doubt you can find a low mileage clean title MY04+ for $9k within the next 5 years.
Demand and Supply will also come in play... what if Honda decides to discontinue the car?.. There are many variables that come into play.
Too many variables to factor in. Maybe except discontinuing the S. It looks like Honda is going to milk the S as much as they can. 
Thread
Thread Starter
Forum
Replies
Last Post