S2K Current Market Analysis
Joined: Jun 2017
Posts: 1,318
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From: Oregon
adept, I would be tempted to help with this, but I already run an online forum of my own and honestly that takes up enough of my time as it is. So I just wanted to say thanks for all of the time and effort that you've already invested in your pursuit of this statistical information (in addition to any additional such investment that you might make going forward).
Joined: Jun 2016
Posts: 3,296
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From: Vermont
I understand about 76% of this. From a purely economic standpoint, is there a way to tease out the impact of increasing rarity of this car upon price, and maybe see if there is any difference in that regard between low and higher mileage examples, and ap1 v. ap2 examples? Maybe this is built into the analysis already done?
Thread Starter
Joined: Jun 2016
Posts: 33
Likes: 16
From: West Linn, OR
I understand about 76% of this. From a purely economic standpoint, is there a way to tease out the impact of increasing rarity of this car upon price, and maybe see if there is any difference in that regard between low and higher mileage examples, and ap1 v. ap2 examples? Maybe this is built into the analysis already done?
Joined: Jun 2017
Posts: 1,318
Likes: 215
From: Oregon
rpg51, if I understand your question correctly, it would seem that the way to extract the data you are seeking would be for adept (or some other member) to once again conduct the same exercise over the same period of time as first analysis and then compare the results. Then repeat this process every few years and look at how things are playing out.
In general though as long as people are buying these cars to drive it appears that the same logic continues to apply to the S2K — all things being equal (condition, color, etc.) the newer the model and the lower the mileage the more money it will bring. I'm guessing that in another 15 - 20 years or so that might start to change and certain model years might gain in desirability to "the collector market" in which case my guess would be that the 2000 and 2009 cars would become the most desirable. I'd also guess that at some point further down the road the AP1 cars would become more collectible overall. But the movement towards electric powered cars could happen far faster than one might anticipate and render these points moot. All the more reason for people to find one of these cars now if they don't already have one and enjoy it.
In general though as long as people are buying these cars to drive it appears that the same logic continues to apply to the S2K — all things being equal (condition, color, etc.) the newer the model and the lower the mileage the more money it will bring. I'm guessing that in another 15 - 20 years or so that might start to change and certain model years might gain in desirability to "the collector market" in which case my guess would be that the 2000 and 2009 cars would become the most desirable. I'd also guess that at some point further down the road the AP1 cars would become more collectible overall. But the movement towards electric powered cars could happen far faster than one might anticipate and render these points moot. All the more reason for people to find one of these cars now if they don't already have one and enjoy it.
Thread Starter
Joined: Jun 2016
Posts: 33
Likes: 16
From: West Linn, OR
rpg51, if I understand your question correctly, it would seem that the way to extract the data you are seeking would be for adept (or some other member) to once again conduct the same exercise over the same period of time as first analysis and then compare the results. Then repeat this process every few years and look at how things are playing out.
In general though as long as people are buying these cars to drive it appears that the same logic continues to apply to the S2K — all things being equal (condition, color, etc.) the newer the model and the lower the mileage the more money it will bring. I'm guessing that in another 15 - 20 years or so that might start to change and certain model years might gain in desirability to "the collector market" in which case my guess would be that the 2000 and 2009 cars would become the most desirable. I'd also guess that at some point further down the road the AP1 cars would become more collectible overall. But the movement towards electric powered cars could happen far faster than one might anticipate and render these points moot. All the more reason for people to find one of these cars now if they don't already have one and enjoy it.
In general though as long as people are buying these cars to drive it appears that the same logic continues to apply to the S2K — all things being equal (condition, color, etc.) the newer the model and the lower the mileage the more money it will bring. I'm guessing that in another 15 - 20 years or so that might start to change and certain model years might gain in desirability to "the collector market" in which case my guess would be that the 2000 and 2009 cars would become the most desirable. I'd also guess that at some point further down the road the AP1 cars would become more collectible overall. But the movement towards electric powered cars could happen far faster than one might anticipate and render these points moot. All the more reason for people to find one of these cars now if they don't already have one and enjoy it.
Registered User
Joined: Jul 2013
Posts: 339
Likes: 2
Yep, that would be very interesting to carry out the same study again today. We could compare the results with my findings from ~2 years ago to determine if there has been any major changes in the market. Anecdotally, I personally think that everything has been very stable without any down/up trend. Any loss in value from ownership would come from the extra mileage. Anyways I would need to prove this theory.
MY:2000 - Black
Paid 20,000 (CAD) in 2013 - 36000km
Sold 22,500 (CAD) in 2018 - 70000km
Your analysis was helpful in deciding where I should be pricing the car. Asking prices for similar S2K were anywhere from 14,000 (CAD) to 30,000 (CAD) depending on condition, modifications etc. Also the market in Canada is more limited in the number of S2000 for sale at any given time to compare pricing against.
