Where is the S2000 market right now?
06-05-2018, 03:09 PM
#21
Remember that the S2000 is a niche market car.
At least 95% of the public either doesn't know what they are or have no use for it.
The balance are passionately in love with it.
I also think that the 25 yr rule might have an impact. ie 25 years later you can afford the car you lusted after when you were 16.
At least 95% of the public either doesn't know what they are or have no use for it.
The balance are passionately in love with it.
I also think that the 25 yr rule might have an impact. ie 25 years later you can afford the car you lusted after when you were 16.
06-05-2018, 05:00 PM
#22
My 06 isn’t exactly low mileage but it’s cleaner than most low mileage examples I’ve seen in every way, so if you have the luxury to not NEED to sell then you have the high ground. I typically ask whatever I want based on costs incurred and have never had a problem selling eventually, just takes that right buyer. People said that I would never get 30k for my RX7, and I sat on my for sale ad for 8 months, then out of the blue guy showed up with cash. If the work done to it is quality the money will come, I mean look at obsessed garages CR...
06-08-2018, 01:14 AM
#23
I've watched the market for quite a few months now and it's amazing the difference in price between private sellers and dealerships. Obviously a disconnect exists but in my mind absolutely mint, low-mileage S2000s are not worth upwards of 30 grand....Coming to this site I've seen a much more reasonable trend in terms of pricing. Most of the members here obviously take great pride in their cars so the examples are pretty nice and at what I consider a reasonable price before I knew to check classifieds before checking dealers. I love how people are trying to get book for crashed and/or high-mileage examples....and unfortunately that seems to be holding a majority share in the market right now.
06-08-2018, 07:58 AM
#24
In May 2018 I was looking at dealerships online first and it didn't take me long to know that private was the way to go. I just thought it would be easier to find one at a dealership since I was going to originally trade my Cobra in so I wouldn't have to deal with selling it myself. When I decided to keep the Cobra, I looked more at private sellers. Even the pricing on what I was looking for (AP1 with >70k miles) was significantly different. I think dealerships were just pricing the S2000 high because it was an S2000. I know cars are never a wise investment but I think I bought at a good time. Mine won't appreciate with 80k miles on it but I also know it won't depreciate quickly since I will put 2k a year on it. I don't have a clear outlook on how long I will keep it but the fact that I drive 5 miles to get to the grocery store that is actually three blocks away tells me that this is a special car to me so far.
06-15-2018, 12:49 PM
#25
I find the S2k market weird. S2k owners (and dealers that are trying to sell them too) that have very low mileage examples, most often than not, want ridiculous amounts of money for them. Then majority of the potential buyers (NOT ALL) don't want to pay even blue book for the car. From my observation, there's a big disconnect between buyers and sellers in terms of what price they want to buy/sell and I think this is why there are so many S2000's on the market sitting.
Its a false market for sure. Like Tom stated above .... people think they can get X amount of $$$ but the reality no one wants to pay this theoretical market value. I mean really how much are you going to pay for an almost 20yr old car when it really comes down to it? (in the case of an AP1), and at almost 20yrs of age...what condition are some of these cars really in?
Last edited by Roddy13; 06-15-2018 at 12:52 PM.
06-15-2018, 01:46 PM
#26
Let me guess - your're shopping for an s2k?
06-15-2018, 04:41 PM
#28
Community Organizer
Two years ago I "watched" the market and found the best possible deal on a 2006 GPW which still cost a crapload of money but was looking for over a year for a nice S2000. Was actually looking for NFR or BB but found this and could not turn it down.
06-15-2018, 05:24 PM
#29
