S2K bubble?
Wow this thread really blew up. So this is my first s2k which I picked up a couple weeks ago at the inflated prices. For awhile I struggled with the price knowing they were cheaper couple years ago. I was never a die hard s2k fan growing up, but after some spirted driving through the windy mountain roads, I now understand the love this car gets. I am one of these late 30s goobers that bought a low mileage s2k at high price but I can't wait to get back in it and drive it every chance I get. And now I'm considering taking it to some hpde sessions in the s2k. There really isn't anything new these days that will give you the thrill of high revving engine unless you go with an older NA BMW M cars or Porsche GT cars. It's a very engaging and rewarding drive trying to keep it in the vtec power band while carving up the mountain roads. They designed the pedal box just right where heel toe and Rev matching is just buttery smooth. It may not be the fastest car but it certainly is a very exciting and fun car to drive and very unique in its own way. You can definitely feel the passion/heart the Honda engineers put into the car, and it gives the car some soul.
I believe the s2k is starting to fall into that classic highly desirable category and the market is reflecting it. The s2k has proven over the course of time that it is a very reliable platform, which bodes very well in the used market as well. Couple of other examples are the air cooled porsches and the Toyota land cruisers. They have stood the test of time and proved that they are very reliable, and unique in their own ways and prices for their respective markets have also gone up. Some may disagree with the rising prices, but it's just the nature of supply and demand. As these cars are now out of production, supply of clean s2ks are going lower and seems like the demand for these cars are not going down, hence the rising prices.
Even as a new owner, I am already getting sentimental attachment to where I want to keep it and pass it down to my son.
I believe the s2k is starting to fall into that classic highly desirable category and the market is reflecting it. The s2k has proven over the course of time that it is a very reliable platform, which bodes very well in the used market as well. Couple of other examples are the air cooled porsches and the Toyota land cruisers. They have stood the test of time and proved that they are very reliable, and unique in their own ways and prices for their respective markets have also gone up. Some may disagree with the rising prices, but it's just the nature of supply and demand. As these cars are now out of production, supply of clean s2ks are going lower and seems like the demand for these cars are not going down, hence the rising prices.
Even as a new owner, I am already getting sentimental attachment to where I want to keep it and pass it down to my son.
Is a +100k miles S2k (but very clean, all panel vins present, stock) really worth 20s?
If yes, I never knew that.
I'd be happy to sell my aging, but mint, GPW Tan MY03 127k miles for a 2022 GR86, lol.
(in a new car - no need to worry about the aging bushings, rubber bits, engine mounts, clutch, wheel bearings, engine sensors, engine or mechanical parts, seals, etc., etc., etc.)
If yes, I never knew that.
I'd be happy to sell my aging, but mint, GPW Tan MY03 127k miles for a 2022 GR86, lol.
(in a new car - no need to worry about the aging bushings, rubber bits, engine mounts, clutch, wheel bearings, engine sensors, engine or mechanical parts, seals, etc., etc., etc.)
I agree with JAH. I try to take care of my cars, but I don't enjoy the hassle and expense of replacing parts of the car that wear out over time (and that's assuming that you can even find them any more). The air conditioning went out my my NSX this summer, and to repair it will entail spending a moderate amount on parts and a HUGE amount on labor (the entire dash would need to be removed). A rule of thumb for me in any future cars is nothing over 15 years old. I know...that knocks out A LOT of cars, but I'd rather pay a little more for something newer that will not need any major work. My $.02 worth.
I had my first S2k from 2007 through 2015 as my only car. It was a rebuilt title 02 that had about 50k miles on it when I bought it for about $16k.
Sold it for I think $10k with just over 100k miles.
New to me S2k is a clean 1 owner 03 with 42k miles and I paid $29k for it July 2021. I have no plans to ever sell this car - it's my summer / weekend fun car and with the way cars are going we're not likely to see anything like it ever again.
I wouldn't daily it again, but I'm finally in a place in life where I can have more than 1 vehicle so this thing is with me until it dies or I do.
Sold it for I think $10k with just over 100k miles.
New to me S2k is a clean 1 owner 03 with 42k miles and I paid $29k for it July 2021. I have no plans to ever sell this car - it's my summer / weekend fun car and with the way cars are going we're not likely to see anything like it ever again.
I wouldn't daily it again, but I'm finally in a place in life where I can have more than 1 vehicle so this thing is with me until it dies or I do.
To each their own, but I could never NOT drive this car. It is hard enough waiting from November until the rains of April was away winter, but not driving/rarely driving? No clue how folks can do that. But again, to each what he/she desires with their car, but the car begs to be driven and driven in the manner for which it was engineered. Driver's car? That may be an understatement to be honest.
I sold my 02 w/ 86k miles in 2015 for $16500 with oem hardtop, bought the same car back (108k) in Sept 2021 for $14k w/ the hardtop I have $20k into it. Figure inflation and I basically bought it back for what I sold it for.. The cars are necessarily going up in value unless you have a low mile Original car, 85% of S2000's are just experiencing the effects of inflation imo









