Hagerty predicts the S2000....
#1
Thread Starter
Hagerty predicts the S2000....
Will increase in value by 88% in the next five years.... If it is a CR. Oh well. Vanishing Point should be pleased. Isn't he the member that collects them??
#2
#3
Thread Starter
I agree. Even if the high values are limited to the CR, I think the rest of us will benefit. Throughout my life, I have seen the more pedestrian models benefit from the increase in the value of the limited production versions of essentially the same car. If you can't afford the limited edition, here is what looks like exactly the same car for half the price.
#4
I think an 88% increase is a bit optimistic but whatever the increase it should benefit all S2000 owners. Especially those in excellent condition and those unmodified stock.
#5
Kicking myself that I rolled the front fender lips on mine for autocross. Everything else I've done is reversible. (I suppose the fenders are too if I replace them, but then they won't have the VIN tags.) On the other hand, I've thoroughly enjoyed the car as it was intended and kept it in decent shape, so it'll still be worth something down the road.
#6
Love that avatar, Mark. Is that new or have I just been overlooking it?
An S2000 just sold on BringATrailer for $70,000. Of course it only had 91 miles on it. (Sorry if that's old news). I remember how the NSX run-up in values began with steep price rises on very low mileage examples. That trend quickly spread across the range of NSXs as decent mid-mileage examples went from $25-$30k up into the 40s and beyond. So you never know. Mark has the right idea, IMHO. Buying a car you love and drive will yield far greater returns on investment than a car you buy with an eye toward financial gain. The former will reward you with joy that is beyond price while the latter will do well to perform as well as more conventional investments.
An S2000 just sold on BringATrailer for $70,000. Of course it only had 91 miles on it. (Sorry if that's old news). I remember how the NSX run-up in values began with steep price rises on very low mileage examples. That trend quickly spread across the range of NSXs as decent mid-mileage examples went from $25-$30k up into the 40s and beyond. So you never know. Mark has the right idea, IMHO. Buying a car you love and drive will yield far greater returns on investment than a car you buy with an eye toward financial gain. The former will reward you with joy that is beyond price while the latter will do well to perform as well as more conventional investments.
#7
Wow...new to me.
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#8
Mike, as is often the case I agree. Hell yes, drive it like you stole it. Enjoy it. If you bought it as an investment you need another advisor bunkie.... there were over 100,000 sold. Will it go up. For sure, its got one of the best engines "ever" built and a "timeless" body design. But it you think you should keep it under wraps because its equal to a lottery winner; I've got news for you...
#9
Thread Starter
Mike, as is often the case I agree. Hell yes, drive it like you stole it. Enjoy it. If you bought it as an investment you need another advisor bunkie.... there were over 100,000 sold. Will it go up. For sure, its got one of the best engines "ever" built and a "timeless" body design. But it you think you should keep it under wraps because its equal to a lottery winner; I've got news for you...
#10
And I 100% agree with that, LB. Buy for the drive, but if you break even or come out ahead when selling it just adds to the fun. The NSX was that car for me. It was an aspirational buy but I was lucky enough to buy just ahead of a sharp increase in prices. I bought it because I wanted it but figured it wouldn't depreciate much and I could sell it after retirement without taking a huge hit. My only regret is that I couldn't afford an air cooled Porsche even at pre-boom prices.