Hello to all my Virtual S2K Buddies,

My First Post ever.

Main Question:

In 10-15 Years Where Do You See A Mint Condition S2000 with mileage under 100K?

I have a 2004 S2000 in mint condition: almost new actually.

Pros:
- No Accidents, all OEM--99% and doesn't see any rain at all, always garaged and covered.
-56,xxxx
-Interior/Exterior 9/10. It would have been a 10 if it's brand new.
-I like the red/black interior.

Cons:
I'm not using her.

So I'm debating if I should sell or just keep her. With this question, this might help me decide if I should or not. So again, where do you see this car in 10 to... ok let's make it in 20 years.

Kind input would be greatly appreciated.

Thank you,
S2000Honda

 

While I do believe the S2000 has the makings of a desirable classic, keep her because you love her, not because you expect her to be worth something at a later date. Classic cars are a fickle market, not a reliable investment. What's in vogue now may not be what's fashionable later, and that's totally outside of your control. For example, my other great love, Porsche 914s, took almost 40 years for the market to realize they're something special. Actually, I'm still not sure many people really recognize how great they are. I often think it's more they're caught up in the craziness of the air-cooled Porsche market in general, but a rising tide raises all boats. Having a car that's really worth something changes the enjoyment factor as well. To preserve the value, you must keep the miles and wear off the car. Are you the kind of kid that likes leaving your toys sealed in their boxes?

 

Wow... what a line! And the answer is yes... since I always have a spare one to use.


You wrote
" Are you the kind of kid that likes leaving your toys sealed in their boxes?"

 

Me too, but only if I have a spare (wink). My real point was only not everyone has that temperament. Without it, you'd lose the pleasure of owning the car, and keeping it would become increasingly less enjoyable. It'll still need maintenance and care regardless of whether you're driving it or not, and it'll still take up prime garage space. You have to really love something to put up with the costs and inconveniences of stuff like that.

So maybe the real question becomes not should I sell my S2000, but should I acquire another one? Ha ha...

Good luck!

 

I continue to be amazed at folks who think 55,000 miles and a 90% exterior is somehow "mint condition" or "almost new." Mileage alone eliminates that fantasy.

Exotic cars with cult status may acquire some value as they age but mass market sports cars like the S2000 don't seem to. Restored 40 year old Triumph TR6s are advertised for about $20,000. At this price they look like dealer showroom cars inside and out. Your 2004 probably "blue books" around $15,000 right now. Values seem to be fairly stable at present but a 2004 with 55,000 miles ain't ever gonna have under 5,000 miles on it.

-- Chuck

 

And...if you put the original purchase price of a TR6 in the stock market 40 years ago, you'd have a lot more than $20,000 now.

 

Stop the dream, sell the car.

How long have YOU owned this car?

 

in 2026, I'll be asking $180k for my 2006 GPW stock.

 

Yes, but a restored Sunbeam Tiger goes for about $150,000. And a Cobra for about $1.2 million.

So, the question is whether the S2000 is a TR6, a Tiger or a Cobra? Well, maybe more of a Lotus.

My estimate of value is current value plus inflation (compounded) plus 10%, less the cost of restoration. No matter how pristine now, it will still need some sort of restoration 20 years from now.

So, say current value at $18,000 and 4 percent per year inflation gets you to $39,440.22, so round up to $40,000, plus 2% (for rarity) gets us to $48,000, less minor restoration/tires/fluids/buffing at $10,000, so say $38,000.

If you deduct storage and insurance, ouch.

My humble advice: keep it or sell it. You will regret your decision.

 

Wanna play, you gotta pay.

If you're like me and need a fast, fun car as part of your life the S2000 is merely a way to pay less.

I'm confident that my '06, for various reasons, will depreciate far less than a Boxster ,Miata, 370Z, Corvette etc while I enjoy it.

Appreciation? who knows