Is the S2000 Appreciating?
Joined: Jan 2001
Posts: 45,849
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From: Mish-she-gan
Originally Posted by zdave87' timestamp='1468701744' post='24018131
I think unmolested S2000s have stopped depreciating. Especially certain colors and trim, IE GPW and black/red interior. Stanced, slammed, riced out examples will continue to fall in value.
To each his own way,to enjoy the toy...it's not Wall Street,after all.
Joined: Sep 2011
Posts: 319
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From: Williamsburg, VA
The gulf in the value of the unmolested vs the modded cars widens by the day. Watch Bring-a-Trailer as there seem to be a lot of S2000's listed there.
There was a modded out 2001 CR replica in very good shape that barely got beyond the $10k mark where the unmolested versions of similar vintage are going for $10-15k more.
Lot's of the "chillen's" bought up S2000's when they were cheap and either modded them out or killed them outright. This makes the remaining cars worth more.
And yes, I used the word "unmolested" on purpose. Sorry, but I have no time for all the wings, fenders, flares, etc on what I consider one of the most attractive cars ever designed.
cheers,
There was a modded out 2001 CR replica in very good shape that barely got beyond the $10k mark where the unmolested versions of similar vintage are going for $10-15k more.
Lot's of the "chillen's" bought up S2000's when they were cheap and either modded them out or killed them outright. This makes the remaining cars worth more.
And yes, I used the word "unmolested" on purpose. Sorry, but I have no time for all the wings, fenders, flares, etc on what I consider one of the most attractive cars ever designed.
cheers,
Registered User
Joined: Aug 2014
Posts: 7
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From: Missouri/Colorado
Insure through Haggerty
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?
Joined: Jul 2002
Posts: 37,552
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From: bolton
Joined: Feb 2004
Posts: 65,409
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From: Smalltown
What he said, and what Bill said as well as others.
We looked for a low mileage S2000 and yes there are some out there, but no, we weren't going to put out almost 30K (which is what some were asking) for a car that is 8-9 years old. As Dave mentioned, we were concerned about the availability of parts down the line as the convertible is our road trip vehicle, and this was not a vehicle we would put in a garage and only drive 3K miles per year. Our vehicles get used! We went with a P car that had about 11K on it. The first owner did take a big hit in depreciation, about 25K worth! In comparison, I'd say the S2000 holds it's value quite well. We are keeping ours which has 95K+ on it, as long as we can get in/out of it. Rick now uses it as his daily and thoroughly enjoys his ride to and from work every day. We now call the S our fun car and the P car our "mature vehicle."
We looked for a low mileage S2000 and yes there are some out there, but no, we weren't going to put out almost 30K (which is what some were asking) for a car that is 8-9 years old. As Dave mentioned, we were concerned about the availability of parts down the line as the convertible is our road trip vehicle, and this was not a vehicle we would put in a garage and only drive 3K miles per year. Our vehicles get used! We went with a P car that had about 11K on it. The first owner did take a big hit in depreciation, about 25K worth! In comparison, I'd say the S2000 holds it's value quite well. We are keeping ours which has 95K+ on it, as long as we can get in/out of it. Rick now uses it as his daily and thoroughly enjoys his ride to and from work every day. We now call the S our fun car and the P car our "mature vehicle."
Joined: Apr 2007
Posts: 16,406
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From: Long Beach, MS
There have been a few on Bring a Trailer. They seem to bring a pretty good price but they are generally nearly immaculate low mileage examples. It will be years, if ever, before the S2000 becomes so collectible as to bring serious money. And no one can predict where the overall market will be that far out, never mind the market for a particular car. But you can get one today, enjoy it for a few years, and be reasonably confident if you keep it up and don't put more than a few thousand miles a year on it that you will get most of your purchase price back. No guarantees, but meanwhile you have the pleasure of driving a really great machine. But you all knew this already.
