Is the S2000 Appreciating? - S2KI Honda S2000 Forums

S2000 Vintage Owners Knowledge, age and life experiences represent the members of the Vintage Owners

Is the S2000 Appreciating?

Reply

Old 07-10-2016, 07:55 PM
  #1
Thread Starter
 
ralper's Avatar
 
Join Date: Aug 2002
Location: Randolph, NJ
Posts: 25,916
Thanked 7 Times in 7 Posts
Default Is the S2000 Appreciating?

I was curious about the value of the S2000 so I went to the Kelley Blue Book website to check it out. I have a 2002 S2000 with 38,500 miles in excellent condition. The value that I found for a private party sale was approximately $15,800.

I have mixed feelings about this. On the one hand, I find it amazing that a 14 year old car has been able to retain so much value that it is worth almost 1/2 of the original purchase price. On the other hand, I'm disappointed. I've always thought that the S2000 was a very special car, a relatively rare car, and a car that has been out of production since 2009. I thought by now the S2000 would carry a value in the mid $20,000s.

I never thought that our S2000 would become a "classic" but I always thought it would be highly collectable, in the same way that the Toyota Supra (for example) has become collectable. If this is going to happen, it looks like it will take a few more years.

What do you think? Will the S2000 appreciate in value or not?
ralper is offline  
Reply With Quote
Old 07-11-2016, 03:18 AM
  #2
 
kgf3076's Avatar
 
Join Date: Jul 2005
Location: Eastbound and down, rolling and truckin'
Posts: 21,134
Thanked 25 Times in 24 Posts
Default

If 4 door '58 Buick sedans can become collectors items, I don't think there's much doubt that a limited production, unique car will appreciate in value.
kgf3076 is offline  
Reply With Quote
Old 07-11-2016, 03:41 AM
  #3
 
boltonblue's Avatar
 
Join Date: Jul 2002
Location: bolton
Posts: 19,582
Thanked 9 Times in 9 Posts
Default

15 years from now S2000's will start to go for stupid money.
It has uniquesness and was orginally highly desireable.
As millenials get old er and have money they will go back and buy the car they couldn;t afford then.

that is if you can still buy gas....
boltonblue is online now  
Reply With Quote
Old 07-11-2016, 04:57 AM
  #4
Thread Starter
 
ralper's Avatar
 
Join Date: Aug 2002
Location: Randolph, NJ
Posts: 25,916
Thanked 7 Times in 7 Posts
Default

Originally Posted by kgf3076 View Post
If 4 door '58 Buick sedans can become collectors items, I don't think there's much doubt that a limited production, unique car will appreciate in value.
Unfortunately, I think more people are familiar with, remember and are nostalgic for the '58 Buick sedan than the S2000.
ralper is offline  
Reply With Quote
Old 07-11-2016, 05:00 AM
  #5
Thread Starter
 
ralper's Avatar
 
Join Date: Aug 2002
Location: Randolph, NJ
Posts: 25,916
Thanked 7 Times in 7 Posts
Default

Originally Posted by boltonblue View Post
15 years from now S2000's will start to go for stupid money.
It has uniquesness and was orginally highly desireable.
As millenials get old er and have money they will go back and buy the car they couldn;t afford then.

that is if you can still buy gas....
I hope you're right, but I don't think that many people were familiar with or even knew of the S2000 for them to remember it. Honda never really promoted it and only made it available in small numbers. Many people, outside of the enthusiast community thought it was a Miata.
ralper is offline  
Reply With Quote
Old 07-11-2016, 06:05 AM
  #6
 
MsPerky's Avatar
 
Join Date: Nov 2002
Location: Arlington, VA
Posts: 34,115
Thanks: 0
Thanked 7 Times in 7 Posts
Default

I thought mine might be worth in the mid-20s (2006/low mileage), but I've not looked. One of my nephews is really into cars - building and racing them. He wants it badly, so eventually might get it. He's the only one outside of S2Ki that I know would really appreciate the car, not to mention driving the h-ll out of it. Of course, I don't plan on making that decision anytime soon.
MsPerky is online now  
Reply With Quote
Old 07-11-2016, 06:37 AM
  #7
 
Chuck S's Avatar
 
Join Date: Jul 2014
Location: Chesterfield VA
Posts: 5,381
Thanked 111 Times in 110 Posts
Default

2006 low mileage cars are being advertised in the mid-$20,000 range. Not sure what they're selling for though. $20K-plus seems reasonable for a matching numbers car.

-- Chuck
Chuck S is offline  
Reply With Quote
Old 07-11-2016, 07:34 AM
  #8
 
dlq04's Avatar
 
Join Date: Jan 2001
Location: Mish-she-gan
Posts: 26,903
Thanked 18 Times in 18 Posts
Default

They made over 100,000 S2000's. To think it is a rare and limited number car is silly. Thousands of low milage S2000's sit around in garages all over the USA.

For a comparison sports car, they made 100,000 MGA's and in 60 years the cars average value has gone up 10 fold. If that were to hold true for the S2000 it will sell for $300k in 2060. The low value of the S2000 today does provide a good opportunity for young people to afford it used, so it will have a small following of people in 50 or 60 years who want the car of their youth but it's a much higher technical vehicle. How readily can you expect to find replacement parts in 60 years?
dlq04 is offline  
Reply With Quote
Old 07-11-2016, 10:02 AM
  #9
Registered User
 
Join Date: Jul 2016
Posts: 38
Thanked 0 Times in 0 Posts
Default

Originally Posted by ralper View Post
I was curious about the value of the S2000 so I went to the Kelley Blue Book website to check it out. I have a 2002 S2000 with 38,500 miles in excellent condition. The value that I found for a private party sale was approximately $15,800.

I have mixed feelings about this. On the one hand, I find it amazing that a 14 year old car has been able to retain so much value that it is worth almost 1/2 of the original purchase price. On the other hand, I'm disappointed. I've always thought that the S2000 was a very special car, a relatively rare car, and a car that has been out of production since 2009. I thought by now the S2000 would carry a value in the mid $20,000s.

I never thought that our S2000 would become a "classic" but I always thought it would be highly collectable, in the same way that the Toyota Supra (for example) has become collectable. If this is going to happen, it looks like it will take a few more years.

What do you think? Will the S2000 appreciate in value or not?
I've seen a 2008 sell for $39k.
TheListo is offline  
Reply With Quote
Old 07-11-2016, 07:38 PM
  #10
 
dlq04's Avatar
 
Join Date: Jan 2001
Location: Mish-she-gan
Posts: 26,903
Thanked 18 Times in 18 Posts
Default

Originally Posted by TheListo View Post
Originally Posted by ralper' timestamp='1468205740' post='24013399
I was curious about the value of the S2000 so I went to the Kelley Blue Book website to check it out. I have a 2002 S2000 with 38,500 miles in excellent condition. The value that I found for a private party sale was approximately $15,800.

I have mixed feelings about this. On the one hand, I find it amazing that a 14 year old car has been able to retain so much value that it is worth almost 1/2 of the original purchase price. On the other hand, I'm disappointed. I've always thought that the S2000 was a very special car, a relatively rare car, and a car that has been out of production since 2009. I thought by now the S2000 would carry a value in the mid $20,000s.

I never thought that our S2000 would become a "classic" but I always thought it would be highly collectable, in the same way that the Toyota Supra (for example) has become collectable. If this is going to happen, it looks like it will take a few more years.

What do you think? Will the S2000 appreciate in value or not?
I've seen a 2008 sell for $39k.
There are always exceptions. I have a photo of a window sticker at a Texas Honda dealership that was asking $50,797 for a brand new Honda S2000 when the car first came out.
dlq04 is offline  
Reply With Quote
 

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
zenairdave
Southern Ontario S2000 Owners
18
Today 04:13 PM
hankwx
S2000 CR Club Racer Edition
29
06-27-2017 05:13 PM
globallyoff
Ark-La-Tex S2000 Owners
6
02-22-2017 06:13 PM
rodneyyar
S2000 Talk
13
06-02-2016 02:35 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -8. The time now is 04:26 PM.


 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: