Price will continue to slow climb.. consider people keep wrecking them.. I for example just totaled my03 with only 7k miles on the odo.

 

In 2013 I bought my first 06nfr with 60k on the odo for 15.5 after an unfortunate event i found an 06 lbp with 59k on it clean title for 22.5 the dealer sold it to me for 19 after pointing out all of the TouchUp spots and the fact I was pissed they repainted the front bumper before I got to see the condition... All in all after what I've put Into it I checked carmax last night just for shits. They have 5 s2ks nation wide for sale (small market) and are "no haggle priced" between 19 and 23... For anything from 04-07 ironically the 06 is the highest price currently...and the 07 is below the two 05s... I don't plan on getting rid of this car its to much fun for me. However if I had too... I'd hold onto it for as long as possible and I don't think I would lose much money off my initial buy. Until I hit 100k miles, that's where prices seem to drop off on ap2s

 

That's good news. Time to dump my car while I still can. lol.

 

I never believe in any of my cars will appreciate but really manage my fleet to provide minimum cost per mile while meeting my needs for fun and utility.

Because we drive < 15k miles per year spread over 4 cars our major cost is depreciation.

My '06 Silverstone/red/black w 25k miles cost me $23k in '10 and now with 33k miles I assume I can liquidate w 33k miles for 20K if necessary. Less than $1k/yr depreciation and minimal upkeep is what made this my retirement fun car.

( I was close to buying a used Cayman or Porsche 996 when I "discovered" the S2000. Total depreciation and upkeep would have been 2X-3X).

I expect slow erosion to a stable bottom in these cars.

If you play, you'll pay but it's cheaper with an S2k

 

What I've seen is a marked reduction in the number of 'clean' S2000s available to purchase, which is probably driving up the prices generally. First, the newest model you can buy is already five years old. Second, with lower purchase prices, more examples are being bought and 'damaged' via modding or wrecks. Third, even clean examples that aren't maintained over time can become impossible to fix back up. Fourth, while a silver S2000 is generally an easy find, many people want a specific color/year/price, and some are almost impossible to get without waiting for an opportunity.

S2000s these days tend to fall into two camps - long-term ownership where the car was well maintained, or at least maintained, and short-term ownership where an example can have three to four previous owners, if not more. I find the short-term cars less well cared for and more abused, as these are the examples that are typically bought as toys, wrecked/repaired, modded and unmodded, etc. Some of the stuff you read in the new owner or under the hood forums about what new owners find is scary.

 

Here's a great article from jalopnik (from last year) on why the S2000 is a future classic, and perhaps why prices are appreciating -

http://jalopnik.com/why-the-honda-s2...ssic-840861367

Like I said, in a free market, if someone pays the price, it's not "over priced". It's fairly priced. The only time something is 'over priced' is if there are no buyers at a given price. While that might not be good news for those looking to buy a pristine, low mileage S2000, it is what it is, and the supply is certainly dwindling.

 

U should see the prices on 2003+ Mr2 Spyders. They want almost as much as a S2k.

 

You think the S2000 is bad, there's an article on-line (CNBC?) citing the values of Sunbeam Tigers went up 61% in 2014.

 

Wow, but "bad" is relative. As a long-term owner of a minty clean, bone stock 2006 with low miles, I am happy to see this thread!

 

And when us "older" guys with minty clean, bone stock (that me too:2009 Rio Yellow) are dead and gone, younger guys who had a slammed Ss when they were young (now), are going to have the bucks from successful careers to purchase that bone stock S at auction, driving the price of the now classic Ss through the roof. They can purchase that great car from their youth again just they way guys in my generation go for the classic 60 era cars.

C'est la vie.