S2000 Talk Discussions related to the S2000, its ownership and enthusiasm for it.
View Poll Results: Is there an absolute minimum to a running S2k value?
Will always be worth >2k for seats and shortblocks to replace "money shifters" and "slashed tops."
3.45%
Will always be worth >5k because high school kids can work one summer to pick up a roadster.
13.79%
Will always be worth >8k because there are enough people looking to buy a weekend fun car and buying a Honda might slip past spouse approval.
24.14%
Will always be worth >10k because what else is this much fun for that price?
58.62%
Voters: 29. You may not vote on this poll

What is the lowest price...

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Old Mar 13, 2007 | 08:12 PM
  #1  
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Default What is the lowest price...

There was another thread about $500 beaters and the like. I was wondering if this car would ever get to that point. Some cars (in running condition) always retain some residual value.

Where is the price point that demand would vastly outstrip supply?

If the car loses ~$1-3k in depreciation per year, how long can that go on?

I think the cars won't get much lower than $8k unless they're crazy high miles or barely running.

In 10 years from now, I'd pick up a cherry vintage S2k for $10k just for nostalgia's sake.... but maybe then I'd get a "softer" AP2....

Seriously, when the resale price gets around $10k, I might just store it and break it out on special occasions or give it to my nephew on his 16th birthday (with the Racelogic traction control still installed of course)
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Old Mar 13, 2007 | 08:25 PM
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It will have much to do with inflation. TR6's and MGB's are probably selling very close to sticker in good shape 30yrs later.
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Old Mar 14, 2007 | 05:46 AM
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I believe that this car won't go under $10,000 in good condition with low miles. 1990 Miata's usually don't go for anything under $5000 if they are in good condition and those cars have like 135 hp and only costed like $16k new.
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Old Mar 14, 2007 | 06:07 AM
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Well there are already some 13 000$ 2000 S2000s for sale which don't have that many miles. So at what point does the price kind of magically stop from dropping?
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Old Mar 14, 2007 | 06:55 AM
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What about in like 50 years plus, they will be pretty cheap.
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Old Mar 14, 2007 | 07:29 AM
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I've seen 00 AP1's for as low as 12. I can't imagine them ever going much under 10 unless they're in absolutely asstacular condition though. I think the bottom price in about 15 years will hover around 10-11.
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Old Mar 14, 2007 | 08:01 AM
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Look at the FD RX-7. 10+ years old (I looked at t he value of a '95) and still has a TRADE IN value of almost $15K. That's with "average" miles and in "good" condition. I don't know that the S will retain that much value, but I wouldn't be surprised if it levels out at around the same price. I really don't see them going less than $10K though.
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Old Mar 14, 2007 | 08:26 AM
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Another reason to hold it's value as ther were only about 7,000/ yr brought to the states.
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Old Mar 14, 2007 | 08:35 AM
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A 50yr old Bel-Aire or Crown Vic, what does one go for today? Add to inflation, supply and demand.
Currently the S has a demand close to the import of 6-7 thousand units and maybe twice that for used.
It's too easy right now to buy new or used so I would expect depreciation to continue at a predictible and stable rate.
After the last S2000 is built and sold and new is no longer an option, Used car prices could actually stabilise with little or no depreciation from year to year. No guarantee though. the forseeable future is unpredictible.
Hope for maintaing a good value on this car might come from hope that they decide to stop production and the sooner the better..
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Old Mar 14, 2007 | 02:42 PM
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Originally Posted by JackS' date='Mar 14 2007, 08:35 AM
A 50yr old Bel-Aire or Crown Vic, what does one go for today? Add to inflation, supply and demand.
Currently the S has a demand close to the import of 6-7 thousand units and maybe twice that for used.
It's too easy right now to buy new or used so I would expect depreciation to continue at a predictible and stable rate.
After the last S2000 is built and sold and new is no longer an option, Used car prices could actually stabilise with little or no depreciation from year to year. No guarantee though. the forseeable future is unpredictible.
Hope for maintaing a good value on this car might come from hope that they decide to stop production and the sooner the better..
I don't think "new" or continued production will affect the lowest price at all. You're adding more cars on the top end, but those aren't the ones the college kids will be clamoring for on the used market.

The spinout destruction of AP1s as they get into younger and younger hands helps to limit the supply of the oldest S2000s....
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