Future s2K prices?
#12
As time goes on the prices of these car will cont. to go up and up and up ....they are rare now in good shape !! Think about what a good example will be like in 10 to 15 yrs . My S has 92k on it and is in perfect shape . I plan too drive it as long as I can , then restore it top to bottom.I'll bet that when I sell my S it'll be worth a bit more than is today ...quite a bit more
#14
I wouldn't worry about future s2k prices. Just buy/enjoy it for what it is; a damn nice car.
IMO, the folks who look at cars as investments are in line with those who think getting a credit on tax returns are a good thing.
IMO, the folks who look at cars as investments are in line with those who think getting a credit on tax returns are a good thing.
#15
Hmm, second largest purchase most people make and you don't think you should be worried about resale? I am not saying its the only consideration, but it certainly is a consideration for most people. I am all for enjoying our s2000s while we own them but its icing on the cake if you can sell it for equal or more than you paid for it down the line. Offsets some of the other costs of ownership.
#17
Hmm, second largest purchase most people make and you don't think you should be worried about resale? I am not saying its the only consideration, but it certainly is a consideration for most people. I am all for enjoying our s2000s while we own them but its icing on the cake if you can sell it for equal or more than you paid for it down the line. Offsets some of the other costs of ownership.
My point was to suggest folks don't hold on to the s2k with it being an investment in mind. Money can be made elsewhere.
#18
My Dad always said a car is an expense not an investment.
But one of the reasons I have an S2000 is that its' less of an expense.
I'm confident that my'06 will depreciate far less than a Z4,Corvette,Porsche,370Z etc.
That combined with lower expected maintenance costs means that my fun will be much less costly.
S2000 is the least bad investment of any modern sports car
But one of the reasons I have an S2000 is that its' less of an expense.
I'm confident that my'06 will depreciate far less than a Z4,Corvette,Porsche,370Z etc.
That combined with lower expected maintenance costs means that my fun will be much less costly.
S2000 is the least bad investment of any modern sports car
#19
Don't really care about resale value but it will at least stay constant. Bought this baby to enjoy and not worry about resale value. Going to mod it as I like. Not going to stress over value and price changes. Not going to shift at 4-5k RPM because I'm trying to keep her safe. Not going to drive her once a week to keep the mileage low. If you're looking for an investment then you shouldn't have bought an S2000...or any car for that matter. There's a fine line between obsession and caring for your car. Will I be happy if the value goes up? Yes. Do I really care? No. We all die and everything we have/worked for doesn't matter then. Enjoy life and be happy. You can baby and keep her low mileage for years and some jack ass is going to wreck it. You can walk outside and die a million ways. ENJOY LIFE.
#20
Interesting analogy. I didn't purchase my S with the hope that it would be an appreciating asset but it is worth more today than what I paid for it new. In regard to tax credits, they are a good thing in my opinion if they drive a behavior that is beneficial for all parties. That said, Pres. Obama game me a $2K tax credit for buying my new S at at the time. I didn't even remember that this credit was in place so it turned out to be an added bonus. With our country teetering on insolvency, IMO, we are all paying for that credit.