S2000 values now and in the future
Joined: Jan 2010
Posts: 1,536
Likes: 64
Originally Posted by gerry100' timestamp='1456617513' post='23893002
That puts me at $20,500 ( '06,bone stock, 35k miles).
Bought the car 6yrs ago for $22,500 with 25k miles
Not bad for all the fun I've had
Bought the car 6yrs ago for $22,500 with 25k miles
Not bad for all the fun I've had
By that measure you've lost inflation adjusted $4k + gas + maintenance + insurance + the opportunity cost of the initial investment since you've bought it (S&P 500 is up 47% in that time period).
Still worth it?
Its not an investment, its relatively cheap car fun.
Most of the miles replace miles that would be accumulated on another vehicle and insurance is cheap as a third car for an old guy.
I could have invested the money in the S&P while driving a used Camry and I'd have an extra $15k(?) and 6 fewer years left before the checkered flag
Anybody who thinks they're gonna make money on an S2k is dreaming.
Joined: Jul 2014
Posts: 13,826
Likes: 1,548
From: Chesterfield VA
YMMV, of course, but mine is summer only because (1) the extreme performance summer tires function poorly and there's risk of tire damage in cold temperatures (all season tires would negate this but I prefer better handling); (2) I'm in NE Ohio "lake effect snow" country where I sometimes catch the White-tail deer licking salt off my other cars; (3) I'm in Cleveland (AKA pot hole city). Not to mention the car is claustrophobic with the roof up. And I have another car that does fine in other than the summer. I went thru the "2-seat convertible sports car as an only car" phase years ago (heck I briefly went thru the "motorcycle only" phase too) and it (they) proved completely unsatisfactory even in Georgia!
-- Chuck
-- Chuck
Thread Starter
Registered User
Joined: Aug 2015
Posts: 295
Likes: 37
From: Chicagoland Area
YMMV, of course, but mine is summer only because (1) the extreme performance summer tires function poorly and there's risk of tire damage in cold temperatures (all season tires would negate this but I prefer better handling); (2) I'm in NE Ohio "lake effect snow" country where I sometimes catch the White-tail deer licking salt off my other cars; (3) I'm in Cleveland (AKA pot hole city). Not to mention the car is claustrophobic with the roof up. And I have another car that does fine in other than the summer. I went thru the "2-seat convertible sports car as an only car" phase years ago (heck I briefly went thru the "motorcycle only" phase too) and it (they) proved completely unsatisfactory even in Georgia!
-- Chuck
-- Chuck
I'm not sure how I feel about next winter. I might rotate back to the all-seasons come November. The only downside is salt. I hate to think of the body panels of a Suzuka Blue as a wear and tear item, but I hate to think of not driving the S2000 when the temperatures allow. The car is simply way more fun than anything else I've driven.
Joined: Dec 2009
Posts: 90
Likes: 0
We're also divided into two camps, maybe three. Those (like me) who want a dependable sports car for summer driving, those with racing aspirations, and those trying to achieve middle ground. Pricing and markets are often vastly different. "Sports car" for me means a two-seat open car. Cars with roofs are merely "sporty" despite their often superior performance. Do I want a BRZ/FRS? You bet, but I'd rather have the S2000 instead.
There are a lot a loyal Gen X and Y Honda enthusiasts who grew up around 90s Hondas who are looking for one of the three Honda halo cars (S2000, ITR, NSX) as their dream car and are driving the prices up, now they have dispensable income. These people would not even consider anything else for a substitute. I know of so many. Even my late baby boomer neighbour asked me if my car for sale anytime soon. It turns out he had an NSX new back in 1991 that he drove cross country down to Cali and back. Of course i said, "No."
Thread
Thread Starter
Forum
Replies
Last Post
mindisbroke
Έλληνες Ιδιοκτήτες S2000 / Greek S2000 Owners
77
Nov 27, 2009 09:42 AM