S2000 Kelly Blue Book Value
#11
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amen...i sold my '04 back to the dealer w/ 8500 miles on the odo. I got 25K. hurts to think about it.
saw an '01 on a CarSense (you know, the good deal guys in the NE...) lot...
62K miles. Small rip in the top. Asking price - 23.5K.
saw an '01 on a CarSense (you know, the good deal guys in the NE...) lot...
62K miles. Small rip in the top. Asking price - 23.5K.
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Originally Posted by rai,Oct 10 2005, 05:34 AM
That's not too bad IMO. I have the same year as you but with 19K miles + hardtop. My friend sold his 02 (private party sale) with 22k miles for $21K.
You're nuts if you think dealership can sell that car for $26,500K heck aren't brand new ones going for $30K? Who wouldn't pay the difference ($4K) to get a brand new car?
Bottom line a trade-in is a convenience to you. The dealer is taking the risk and trouble of selling it, and must get a reward for it other wise why bother.
I think you should go to carmax and see what they will give you. Also (don't know with your state) some states allow you to deduct your trade-in against the new purchace for sales tax.
You're nuts if you think dealership can sell that car for $26,500K heck aren't brand new ones going for $30K? Who wouldn't pay the difference ($4K) to get a brand new car?
Bottom line a trade-in is a convenience to you. The dealer is taking the risk and trouble of selling it, and must get a reward for it other wise why bother.
I think you should go to carmax and see what they will give you. Also (don't know with your state) some states allow you to deduct your trade-in against the new purchace for sales tax.
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Originally Posted by PilotKD,Oct 10 2005, 09:36 AM
They typically use Kelly Blue Book prices? No, they typically rip people off on trade-ins is what they "typically" do because that's how they make money. Kelly Blue Book says trade in for a 2003 with standard equipment, 14,100 miles in excellent condition is $20,650, not $19,500. The S2000 is probably not a very easy car to sell. There's a small market it for it, as much you'd like to think it is a rare car (which it is). I would say you could get $23,500-24,000 for it privately. With brand new '05's going for $30k, who the heck would pay $26,500-27,000 for an '03?
I would try Carmax also. They tend to give $1,000+ over trade-in and I've heard of people getting $3,000 over trade-in value. I tried to sell my Miata to them a few years ago, but I had suspension mods done to it and they wouldn't take it. Make sure you don't have any mods before you bring it there.
I would try Carmax also. They tend to give $1,000+ over trade-in and I've heard of people getting $3,000 over trade-in value. I tried to sell my Miata to them a few years ago, but I had suspension mods done to it and they wouldn't take it. Make sure you don't have any mods before you bring it there.
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Originally Posted by PilotKD,Oct 10 2005, 11:36 AM
They typically use Kelly Blue Book prices? No, they typically rip people off on trade-ins is what they "typically" do because that's how they make money. Kelly Blue Book says trade in for a 2003 with standard equipment, 14,100 miles in excellent condition is $20,650, not $19,500. The S2000 is probably not a very easy car to sell. There's a small market it for it, as much you'd like to think it is a rare car (which it is). I would say you could get $23,500-24,000 for it privately. With brand new '05's going for $30k, who the heck would pay $26,500-27,000 for an '03?
I would try Carmax also. They tend to give $1,000+ over trade-in and I've heard of people getting $3,000 over trade-in value. I tried to sell my Miata to them a few years ago, but I had suspension mods done to it and they wouldn't take it. Make sure you don't have any mods before you bring it there.
I would try Carmax also. They tend to give $1,000+ over trade-in and I've heard of people getting $3,000 over trade-in value. I tried to sell my Miata to them a few years ago, but I had suspension mods done to it and they wouldn't take it. Make sure you don't have any mods before you bring it there.
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Originally Posted by ElTianti,Oct 10 2005, 12:01 PM
If you want an investment, buy stocks.
Good advice. Most cars are not good investments, but don't rip me off.....
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Originally Posted by S2k03,Oct 10 2005, 02:25 PM
I did, just sold them now paying capitol gains to have money to pay off debts and use as down payment.
Good advice. Most cars are not good investments, but don't rip me off.....
Good advice. Most cars are not good investments, but don't rip me off.....
Thanks again!
Tony
#18
Originally Posted by S2k03,Oct 10 2005, 03:25 PM
I did, just sold them now paying capitol gains to have money to pay off debts and use as down payment.
Good advice. Most cars are not good investments, but don't rip me off.....
Good advice. Most cars are not good investments, but don't rip me off.....
#19
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The BMW store has my car on ebay:
http://cgi.ebay.com/ebaymotors/Honda-S2000...itemZ4583694170
I know you can get a new one for under MSRP but that is not a bad price for that car if you still want the 9k redline and stiffer suspension.
It has been babied, probably a little too much for people around this forum. I used mobil one and it mostly never saw rain. The one time I did my worn S-02s let me know it did not like it! No wrecks, door dings and only used Zaino. Never had any engine, transmission or any other problems. Serviced at First Texas Honda here in Austin.
They gave me 22.5k for the car so they are not marking it up all that much.
http://cgi.ebay.com/ebaymotors/Honda-S2000...itemZ4583694170
I know you can get a new one for under MSRP but that is not a bad price for that car if you still want the 9k redline and stiffer suspension.
It has been babied, probably a little too much for people around this forum. I used mobil one and it mostly never saw rain. The one time I did my worn S-02s let me know it did not like it! No wrecks, door dings and only used Zaino. Never had any engine, transmission or any other problems. Serviced at First Texas Honda here in Austin.
They gave me 22.5k for the car so they are not marking it up all that much.
#20
Nice car, S2K03. That's a great color (my second choice) and the best year (since it's newer than the '02s). Wish I had the cash now...