Yes and yes...good to hear. I thought so.

 

Hello everyone. This posting is to get readers' opinions on an s2000 I am interested in purchasing; and, based on the details I am sharing below, what price range you would consider a good value, excellent value, or amazing value.

I am hoping to gather some opinion from those who have a good pulse on market values for clean s2000s. There are significant differences in market values posted in KBB, Edmunds, and NADA.

Here’s the car: 2001 S2000. Mileage: Between 19,000 and 22,000 miles. Interior is Black. Exterior: Spa Yellow Pearl. KBB suggested retail is $21,991; private party is at $19,941; Edmunds $10,621 for dealer and $9,149 private; and Nada’s clean retail is $13,300. It has a clean Carfax with 2 owners. The first owner was through a 3 year lease for 6,000 miles. A dealer currently has it for sale. No accidents. Let’s assume the car is truly in excellent shape with no issues, as the pictures below show.

I would greatly appreciate your replies in the following categories, based on your opinions:
What price range would fall under “good price”?
What price range would fall under “excellent price”?
What price range would fall under “amazing price”?

I have posted pictures of the car in my personal album for you to view:
https://www.s2ki.com/s2000/gallery/a...-s2000-to-buy/




I have purposely excluded the location and asking price from the dealer.
Here are the values I’ve found:
Edmunds “True Market Value”: Outstanding condition values:
- Trade in: $8,307
- Private Party: $9,149
- Dealer: $10,621
Kelly Blue Book:
- Suggested Retail, $21991; Private Party: $19,941 (excellent condition); $19,541 (very good condition); $1,241 (good)
Nada guide:
Clean-retail: $13,300
Clean trade-in: $10,950
Below is the Carfax. It shows two owners: the first was through a lease; the second owner had it until it was recently taken by the dealer (possibly a trade-in)

Date: Mileage: Source: Comments:
04/11/2001 Illinois
Motor Vehicle Dept.
Centralia, IL Registered as personal lease vehicle
06/14/2001 3 Illinois
Motor Vehicle Dept.
Centralia, IL
Title #T1165851022 Title issued or updated
Title or registration issued
Correction to record
First owner reported
Loan or lien reported
05/03/2004 5,999 Continental Honda
Countryside, IL
708-352-6000
continentalhonda.com
Maintenance inspection completed
Front wiper blades/refills replaced
Spark plug(s) replaced
05/04/2004 Dealer Inventory Vehicle offered for sale
05/08/2004 Honda Certified Dealer Offered for sale as a
Honda Certified Used Car

05/08/2004 Dealer Inventory Vehicle sold
05/18/2004 6,011 Dealer Inventory Vehicle offered for sale

Date: Mileage: Source: Comments:
06/08/2004 Illinois
Motor Vehicle Dept.
Lemont, IL
Title #T4160214020 Title issued or updated
New owner reported
Loan or lien reported
04/13/2006 Illinois
Inspection Station
Downers Grove, IL Passed emissions inspection
06/04/2010 Illinois
Motor Vehicle Dept.
Lemont, IL Registration issued or renewed
04/22/2011 Illinois
Motor Vehicle Dept.
Lemont, IL Registration issued or renewed
06/04/2012 Illinois
Motor Vehicle Dept.
Lemont, IL Registration issued or renewed
06/23/2012 Dealer Inventory Vehicle offered for sale
06/27/2012 20,784 I am removed the name of dealer that currently has the car for sale Oil and filter changed
Maintenance inspection completed
Brakes checked
Battery/charging system checked
06/28/2012 20,790 Dealer Inventory Vehicle offered for sale

 

I thinks somewhere around the $14-$16,000 range is reasonable due to the lower miles, depending on the condition and if it has service records.

 

Thank you for the feedback. Much appreciated!

 

2001 S2000. Mileage: 22,000 miles. Interior, Black. Exterior, Spa Yellow Pearl. KBB suggested retail is $21,991; private party is at $19,941; Edmunds $10,621 for dealer and $9,149 private; and Nada’s clean retail is $13,300. It has a clean Carfax with 2 owners. The first owner was through a 3 year lease for 6,000 miles. A dealer currently has it for sale. No accidents. Let’s assume the car is truly in excellent shape with no issues, as the pictures below show.

Current asking price is $16,000. Worth it?

What price range would fall under “good price”?
What price range would fall under “excellent price”?
What price range would fall under “amazing price”?

 

Yes and yes...good to hear. I thought so.
[/quote]

ask for maintenance records. A new top is over $1,000 dollars. See condition of tires--they are expensive if you stick with OEM. I think it's a good deal. Provided it is well taken care of, 44k is baby miles on these cars. I see people hitting for 200k.

 

I'm by no means an expert, but I've kept a steady eye on the S2000 market for the last 3 years so I'll throw out my opinion -

$11,000 - $12,000 = Steal of a price (I have seen some ridiculous local deals on low mileage cars like this, but rarely)
$14,000 - $16,000 = Reasonable (I agree with zhashmi)
$18,000 - $22,000 = Steep, considering the model year

Just my ideas, hope it helps a bit.

 

I wouldn't pay more than 16k.

 

Thank you! This is very helpful. Keep the feedback coming everyone.

 

Thanks. Reading your opinions is better than trying to reconcile all these valuations sites (Kelly Blue, Nada, Edmunds, etc) that post s2000 values thousands apart from each other.