5 Reasons the S2000 Will Appreciate into a Classic
It’s going to happen. Here’s why.
Society is changing and whether or not people want to admit it, it’s driving up the cost of cars. Environmental regulations combined with an ever-increasing push for autonomous vehicles have suddenly made traditional sports cars very valuable. All you have to do is to look at a recent sale of the S2000 CR which tipped the $60,000 mark. Sure, the example had only 7,500 miles, but that’s not the point. Just 5 to 6 years ago this kind of price seemed absurd.
Case Studies of Other Cars
In the last few years, the trend for ludicrously high asking prices of vehicles can be summed up by a simple formula: manual transmission combined with special edition or track-focused version of car equals big dollar value. Everything from classic Porsche 911s to Honda NSXs has increased in value, so why wouldn’t the S2000? It’s a factory built car whose primary purpose in life was to go fast and deliver smiles. Honda hasn’t made one since and they will never be able to make it the same way again because of the aforementioned regulations.
image courtesy of automobilemag.com
Low Survival Rate
Sure, Honda made a ton of S2000s. In that sense, there is nothing rare about them as they sit in a car park next to the other 66,000 that look just like them. Now stop and think about how many clean stock examples there are that haven’t been lowered, don’t have fart can exhausts on them and aren’t running camber kits that make them completely undrivable? Combine this with the fact that the CR did actually have low production numbers and it’s more than likely the entire average of clean examples will consistently increase.
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They’re Great Cars
All of the financial and social talks can really blur the real point here: The Honda S2000 is simply a great car to drive. When they first came out the electronic dash was a pretty space-age concept for a car in its price range. Interiors were focused and the AP2 drove insanely well straight out of the box. AP1s were challenging cars to drive that rewarded those who could wheel them with proficiency. At the end of the day, no one would care about them or value them if they weren’t exceptional products.
image courtesy of flickr.com
When some folks were young, they had Lamborghini posters on their walls. For a lot of older enthusiasts, the days of the Countach were the golden days. Fast forward a couple generations and we’re seeing a lot of people in their early 30s and late 20s hold these same sentiments for Japanese automobiles. As they gain more cultural importance and enthusiasts start making enough money to buy the dream cars of yesteryears they will become valuable as a way to remember the past. This is the final piece of the puzzle that will really kick off market values. What are your thoughts on the S2000? Future classic or a classic now? Let us know in the comments below.
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