Is the S2000 Appreciating?
#1
Thread Starter
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?
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?
#3
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....
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....
#4
Thread Starter
Unfortunately, I think more people are familiar with, remember and are nostalgic for the '58 Buick sedan than the S2000.
#5
Thread Starter
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.
#6
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.
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#8
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?
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?
#9
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 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?
#10
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 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?