S2K bubble?
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.
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've owned a '69 Boss302 and '68 428 Cobra Jet Mustangs, 4 RX7's and my AP1 2002 S2K, and the most reliable and fun to drive has been my S2K. But if you want to talk "raw", there isn't anything much more raw than my '61 Bugeye Sprite.
I had owned it since new but if you had asked me its value 2 years prior I would have been more than happy with the A$20000 it was insured for.
I'm out looking for my second S2000 and mannnnn prices are high. Looking at a 2007 with 66k miles and they are asking $32k...with minor accident damage in the past. Almost every S2000 that dealers are putting up lately, in the colors I'm interested in, seems to have had some kind of past damage. That is all, ugh. Prices will likely stabilize or appreciate further, so it could be worse.
I'm out looking for my second S2000 and mannnnn prices are high. Looking at a 2007 with 66k miles and they are asking $32k...with minor accident damage in the past. Almost every S2000 that dealers are putting up lately, in the colors I'm interested in, seems to have had some kind of past damage. That is all, ugh. Prices will likely stabilize or appreciate further, so it could be worse.
I wasn't happy dropping 29k on my '03 last summer but it was everything I wanted so I just bit the bullet and have no regrets.
I'm out looking for my second S2000 and mannnnn prices are high. Looking at a 2007 with 66k miles and they are asking $32k...with minor accident damage in the past. Almost every S2000 that dealers are putting up lately, in the colors I'm interested in, seems to have had some kind of past damage. That is all, ugh. Prices will likely stabilize or appreciate further, so it could be worse.
yeah I think even if the used car market returns to normal we won't see clean low-mileage one-owner S2000's for 20k ever again - they're just getting older and rarer over time.
I wasn't happy dropping 29k on my '03 last summer but it was everything I wanted so I just bit the bullet and have no regrets.
I wasn't happy dropping 29k on my '03 last summer but it was everything I wanted so I just bit the bullet and have no regrets.
Scroll down 1/4 way down in the page. You'll see analytics for prices over the years.
https://bringatrailer.com/honda/s2000/?q=s2000
https://bringatrailer.com/honda/s2000/?q=s2000
^^^^
Speaking of BAT, I thought about bidding on that nice one-owner 2003 on BAT now. Alas, having already owned an AP1 in the past, I’m looking for an AP2 this time. Going back and forth about 04-05 vs 06 up but strongly leaning toward the 04-05 given throttle cable and no VSA. Hard First World decisions I know LOL.
Speaking of BAT, I thought about bidding on that nice one-owner 2003 on BAT now. Alas, having already owned an AP1 in the past, I’m looking for an AP2 this time. Going back and forth about 04-05 vs 06 up but strongly leaning toward the 04-05 given throttle cable and no VSA. Hard First World decisions I know LOL.
Sorry you’re living through this. I bought mine in Sept 19 and thought I was a little on the high end at $24k for 31k miles 07 NFR. Also I talked the dealer down from $26k. I would think prices might stabilize at some point but the big problem is out of control inflation has pushed everything up. Not sure how much down it’ll come. Your best bet is BAT for clean low miles example and I think you could bid that price or better with no damage.
I bought a three-owner, clean 11k mile 2002 S2000 in 2008, for $15k. I then drove it happily for almost eight years, until I caught the NSX bug. Instead of keeping the S2000 and my NSX, I traded the S2000, at 35k miles (still low) for the NSX, getting $18k for it.
Now I've owned my NSX for six years and despite how much I love it and enjoy driving it, I want to add a S2000 back. I chose to do so now because prices on these will increase even after the used car market corrects itself, and I don't want to kick myself more than I already do for selling my first S in the first place. Plus, I'll have a NSX AND a S2000, which has been "garage goals" for me forever.
I WAS going to buy a 996 or 997.1 911 Turbo or GT3, but that market is just insanely, stupidly high right now. I'd rather just buy a reasonably low mileage AP2 now, let it appreciate while I drive it, and save the rest of the money I would have spent on a 911 on retirement.










