Cheap S2 on ebay
11-29-2008 | 03:10 PM
#1
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Joined: Feb 2007
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From: Miami FL
Cheap S2 on ebay
http://cgi.ebay.com/ebaymotors/Honda-S2000...5fCarsQ5fTrucks
Besides the fact the title say 2007 and it has 2006 rims and they Description says 2005 12k seem like a deal
Besides the fact the title say 2007 and it has 2006 rims and they Description says 2005 12k seem like a deal
11-29-2008 | 04:21 PM
#6
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Joined: Oct 2008
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From: So Cal
i'd say call the seller, and say you'll bbuy it for 12k and drive up there, or fly and get the car, just don't send money without seeing the car first.
i mean you are in FL and they are in sc so it's not too far to drive with a buddy to go get, and even if it turns up to be bs, you only spent what about $150 in gas, and had a fun road trip...
i say go for it, even if its MY05 that seems to be a great price even at the 12k price...
i mean you are in FL and they are in sc so it's not too far to drive with a buddy to go get, and even if it turns up to be bs, you only spent what about $150 in gas, and had a fun road trip...
i say go for it, even if its MY05 that seems to be a great price even at the 12k price...
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11-29-2008 | 08:46 PM
#9
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Joined: May 2005
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From: Hong Kong
Honestly ... that sounds about right even if the car is perfectly normal. As I've said before, we REALLY are in an economic crisis, or about to enter one.
A lot of people are liquidating cars like there is no tomorrow. People are throwing cars out ... in where I live, there is an army of 599 F430s, 911 turbos, etc all waiting for buyers. GTRs are going for 20% below MSRP new. So are R8s. So those who thought they looked cool 2 months ago by paying some 10% premium on an R8 or GTR may not look so cool anymore.
People can pick up 4-year old E-classes at 20 to 25% of their original prices. That is some fierce depreciation if you ask me. Before all these things blew up, they were taking a 4-year depreciation to only down to 45% to 50%-ish.
In UK, some dealers are already refusing to buy second hand cars, unless you are trading in for another car. Their lots are simply filled with second hand cars.
One really needs to adjust his expectation of car prices nowadays. Perhaps it hasn't hit the entire America YET. But sooner or later it will. With home prices are dropping the way they are now, car prices simply cannot hold up. Think about it when people need to liquidate and get more cash, what would they do? The first thing is to sell the car, since it's most liquid and it is a substantial part of most American's wealth.
With that said, 60% depreciation on a soon-to-be 3-year old car isn't entirely off scale. Remember, we are already in December, and 2009 is just around the corner. So your car is another year older already. Also, dealers are stuffed with cars in the lot. They would be dying to let go of these cars at ridiculous prices very soon -- if not already the case. If I were to buy a new S2000 now, I would be bidding it at 25K USD with a dealer. I would expect to get a call from the salesperson pretty soon asking me if I'm still interested.
Yes, it's hard to believe these prices, but 2 months from now, if you are selling a car, you would be saying "Wow ... that dude on eBay was so lucky, he managed to find a bid @ XX,XXX for that car." Just look at how much wealth has evaporated in the last few months. Just as an illustration, the world has lost 20 trillion dollars in all the stock markets -- they all were worth approximately 50 trillion at the peak. So what happens with the wealth is gone? People pay less for cars, and that's assuming that they actually have the $$ to do it ...
Anyways, I've rambled on for too long, but I really say that this is a shxt hole. In case you are buying a car, adjust your bid to really low. Same goes if you are trying to sell your car, adjust your expectation a lot lower ...
Whether or not that specific car is fine, I don't know.
A lot of people are liquidating cars like there is no tomorrow. People are throwing cars out ... in where I live, there is an army of 599 F430s, 911 turbos, etc all waiting for buyers. GTRs are going for 20% below MSRP new. So are R8s. So those who thought they looked cool 2 months ago by paying some 10% premium on an R8 or GTR may not look so cool anymore.
People can pick up 4-year old E-classes at 20 to 25% of their original prices. That is some fierce depreciation if you ask me. Before all these things blew up, they were taking a 4-year depreciation to only down to 45% to 50%-ish.
In UK, some dealers are already refusing to buy second hand cars, unless you are trading in for another car. Their lots are simply filled with second hand cars.
One really needs to adjust his expectation of car prices nowadays. Perhaps it hasn't hit the entire America YET. But sooner or later it will. With home prices are dropping the way they are now, car prices simply cannot hold up. Think about it when people need to liquidate and get more cash, what would they do? The first thing is to sell the car, since it's most liquid and it is a substantial part of most American's wealth.
With that said, 60% depreciation on a soon-to-be 3-year old car isn't entirely off scale. Remember, we are already in December, and 2009 is just around the corner. So your car is another year older already. Also, dealers are stuffed with cars in the lot. They would be dying to let go of these cars at ridiculous prices very soon -- if not already the case. If I were to buy a new S2000 now, I would be bidding it at 25K USD with a dealer. I would expect to get a call from the salesperson pretty soon asking me if I'm still interested.
Yes, it's hard to believe these prices, but 2 months from now, if you are selling a car, you would be saying "Wow ... that dude on eBay was so lucky, he managed to find a bid @ XX,XXX for that car." Just look at how much wealth has evaporated in the last few months. Just as an illustration, the world has lost 20 trillion dollars in all the stock markets -- they all were worth approximately 50 trillion at the peak. So what happens with the wealth is gone? People pay less for cars, and that's assuming that they actually have the $$ to do it ...
Anyways, I've rambled on for too long, but I really say that this is a shxt hole. In case you are buying a car, adjust your bid to really low. Same goes if you are trying to sell your car, adjust your expectation a lot lower ...
Whether or not that specific car is fine, I don't know.
11-29-2008 | 08:46 PM
#10
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Joined: May 2003
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From: Miami, Florida
Yeah, great deal. Too bad it's probably a scam.
It has all the scam ingredients:
- Generic options copied off some Honda brochure.
- Little or no information specific to the car.
- Bad English.
- Price way below market.
- Description doesn't match the item.
- And finally, "shipping included" and "I have recently moved". Sounds like it's leading to the usual scam where the seller is in the UK or something but the car is in a storage in the US. You can't go see the car but he'll be happy to ship it to you once you pay him. Sure.
The one thing missing is the hotmail or other generic email address where you're supposed to contact the seller because his ebay email is "full" (ie: hacked). But it still looks fishy to me.
Then again, the maybe the guy is legit and simply FAILS as a salesman.
It has all the scam ingredients:
- Generic options copied off some Honda brochure.
- Little or no information specific to the car.
- Bad English.
- Price way below market.
- Description doesn't match the item.
- And finally, "shipping included" and "I have recently moved". Sounds like it's leading to the usual scam where the seller is in the UK or something but the car is in a storage in the US. You can't go see the car but he'll be happy to ship it to you once you pay him. Sure.
The one thing missing is the hotmail or other generic email address where you're supposed to contact the seller because his ebay email is "full" (ie: hacked). But it still looks fishy to me.
Then again, the maybe the guy is legit and simply FAILS as a salesman.