windhund116

This is true with any new car. They all lose 25% or more resale value, once off the showroom floor. But, say the S2000 is $40K out the door. What other comparable new car would you take? In that light, this doesn't seem that bad of a deal.

gerry100

Once you take it off the floor the issue might be driving it enough.

ie in a few years the price difference between 2k miles and 10k miles will not be very much

RTZX9R

This car is clearly not intended for one of us "drivers". The right buyer for this car has a barn full of cars, doesn't even notice $40,000 missing from their checking account, and will park the car next to his < 100 mile NSX, ITR, Supra Turbo, and others. He doesn't need to drive it because he daily drives his Porsche 918 or 599 Ferrari.

The right buyer wants a collection of perfect cars, and when they are done they will sell the cars, at a profit, to another collector. Here is a perfect example of such collector which I have visited several times... different genre, same idea http://www.carsofdreams.com/

colnagotifosi

Who knows the future of car investments. Had I known I would have bought every Hemi powered Mopar and 428CJ Ford I could have found in the '70's and '80's and put them in a garage and would now be selling them at Barrett-Jackson. Better investment than anything else you could have done save a few things like Google and Apple. Personally, I think the gas sucking, big block appreciation era is over and as our generation dies off, our kids won't car about 383's, 440's, 427's, 428's.

However, I totally agree with the OP. There are folks who don't like to buy used cars and there is one out there who, like all of us, decides that there really is nothing like the S2000 package and who really wants one. Being able to buy one for nearly the original ask price makes it a bargain for that buyer.

I have another out of production, cult car, the Volvo V70R wagon (also made as a S60R sedan). The 2nd "new" version had a run from '04 to '07 but never the volume of sales they needed. From '05 it was well sorted save some auto trans issues the first two years and the desired ones are '06-'07 with a manual transmission. There was a rare Atacama interior that makes those even more collectible. I had an '05 GT Auto which I used for 100K (my 5th Volvo wagon) and then snagged a very low miles 2006 with a 6-speed manual and Atacama interior which I only drive occasionally for distance road trips so still only has 43K miles. You can buy these cars with 100K+ on them now for such a low price it is amazing, sort of like a similar AP1 with miles at $10K +/- a few thousand. I bring this up because I'm now selling mine after owning it for years and only putting 18K miles on it and my position or attitude is that there is someone else out there like me who would LOVE to buy one of these cars brand new again since, like the S2000, there is NOTHING even close to the capabilities of this awesome car sold on the market.

So, I've got a $45K+ original sales price sporty and special Volvo with MT, active suspension, 4 wheel/4 caliper Brembo brakes and, of course, an incredible Volvo/Porsche collaboration 2.5L 5 cyl putting out a silky smooth 300hp and 295 ftlbs of torque. If this car were coming off of lease in 2010 or 2011 with 42K on it, you'd be happy to buy it for $7K under the original price, right? While it may seem crazy that I want $30K for my car in 2015, it is really a bargain for the guy out there who wants this car since there really is no other opportunity to get one. There is rumored to be some car collector in Chicago who has multiple V70R/S60R's with under 5,000 miles (Garage Queens) but they aren't for sale and it isn't even known if this is true.

So what is my car worth? I love it and will keep it but if there is someone out there who wants as near to a new one as possible, then they'll have to pay the premium, right? The OP is right on, the fact that there even is a brand new S2000 available, then I'd say $40K is wonderful for the right person. Sure, it will be worth $25K a year later but if they want a new one, there it is.

manonastick

You don't know how lucky you guys are in the US. I saw a one owner 2009 type s in Japan that went for 5.6million yen in 2013 and that sold pretty quick.

kv3o3

You cant argue that these cars are following the nsx trend on small scale. They are bringing strong money and climbing. here is a video I took this morning of an 06 with 16k selling at the dealer auction. Went for 24600 so they must think they are going to get near 30 for it. Not far off from when it was new...

http://vid1127.photobucket.com/albums/l632/jdmdohcpower/E3090B79-C781-4D7F-B8A0-1E392C6BCA01.mp4
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Looks like you made a pretty good guess. I think this is the same car from that auction. They're asking $29,995 for it.

http://www.cars.com/vehicledetail/de...4995/overview/

Adrenalize

That Volvo is badass!

superchargedk20

Looks like you made a pretty good guess. I think this is the same car from that auction. They're asking $29,995 for it.

http://www.cars.com/vehicledetail/de...4995/overview/
[/quote]
I bought my s2k from those guys. Didn't really enjoy the experience

honda606

They really aren't though. Regarding that specific auction you know what they say about a fool and his money.

The S2000 is simply nowhere near as rare as the NSX. This 09 with 71 miles MAY be worth $50k in ten years if you never drove it, but then you have to factor in all of the rubber, hoses, etc. that will inevitably need to be replaced on a car that just sits and that eats in to whatever profit you thought you might make right there. The S2000 is still years away from collectors status. This would honestly be a terrible investment.

honda606

Where are you coming up with $38k? The highest the MSRP ever got on a base model S2000 was $34,995 in 2009, and no one with half a brain was stupid enough to be paying anywhere close to MSRP for an S2000 in the last four to five years of production. Intelligent shoppers stopped paying MSRP like in the 2003 model year. I bought my 2003 GPW new for $500 above invoice in December of 2012. The days of the insane dealer markups ended after the first two model years. MSRP on the CR model was $36,995. The S2000 was never a $40k car.