Future s2K prices?
08-23-2013 | 01:43 PM
#31
Registered User
Joined: Jul 2009
Posts: 8,657
Likes: 170
Wow, I don't ever recall "being in a place like this before". I've been watching values on both our S2000 and our RSX-S, both holding up nicely (42K and 61K miles resp) and our third car's value has been skyrocketing. Maybe I should sell all three and get a Prius, pocket the difference.
I'll admit to a minor giggle after reading that then almost immediately seeing the sig-file photo in post #8. To each his own, I guess.
Originally Posted by jetboater' timestamp='1376611129' post='22726974
On the other hand, ones with rolled fenders, picnic tables for rear wings
08-23-2013 | 02:55 PM
#32
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Joined: Oct 2005
Posts: 551
Likes: 0
You guys all miss the key points and have so many generalities here it's so misleading....
The car is NO LONGER MADE. Low mileage mint cars will fetch top dollar because you can't buy a new one, simple economics.
As for beat up cars, salvage title, stolen cars, checkered history, high mileage abused cars, well those are bottom of the barrel cars that will be cheap and passed from one to another like a cheap hooker.
Just look at the classified or Ebay, 2008+ cars are holding very steady in price. If your car is a GPW and has less than 20k miles, you got a gem for sure provided it's none of the things mentioned above.
Will conclude with the statement cars are not generally investments but if you buy the right cars, you will NOT lose money.
The car is NO LONGER MADE. Low mileage mint cars will fetch top dollar because you can't buy a new one, simple economics.
As for beat up cars, salvage title, stolen cars, checkered history, high mileage abused cars, well those are bottom of the barrel cars that will be cheap and passed from one to another like a cheap hooker.
Just look at the classified or Ebay, 2008+ cars are holding very steady in price. If your car is a GPW and has less than 20k miles, you got a gem for sure provided it's none of the things mentioned above.
Will conclude with the statement cars are not generally investments but if you buy the right cars, you will NOT lose money.
If someone buys a car as spectacular as the S2000 only to keep it as a garage model they're an idiot. The S2000 is an amazing piece of technology and awesome to drive, nothing but a pure joy.
Can someone keep the miles super low and not lose money or perhaps gain a tiny bit? Sure, I guess so but then what's the point? They are obviously not an enthusiast and could have done this more easily with the stock market. Now, if we're comparing different sports cars and mitigating financial loss as part of the equation I get it but honestly, buy a new Corolla and drive it for 500k miles until everything falls off, then buy another. Use the funds you don't spend on cars to invest in property and/or the stock market and build wealth.
The S2000 doesn't get great fuel economy, eats tires and insurance isn't cheap thanks to the multiple folks who drive beyond their skills and buy a car like this without having a garage first (stolen seats anyone?).
IMHO, buy an S2000 if you're an enthusiast and want a spectacular piece of automotive history to enjoy. Who cares what the future price is it's just money! Also, if you're buying an S2000 with the thinking that you'll sell it in the future it's the wrong car for you. I made that mistake once and my current S2000 is also what I'll be buried in.
08-23-2013 | 03:45 PM
#33
Registered User
Joined: Jul 2009
Posts: 8,657
Likes: 170
Originally Posted by EuroBoutique' timestamp='1377198927' post='22739573
You guys all miss the key points and have so many generalities here it's so misleading....
The car is NO LONGER MADE. Low mileage mint cars will fetch top dollar because you can't buy a new one, simple economics.
As for beat up cars, salvage title, stolen cars, checkered history, high mileage abused cars, well those are bottom of the barrel cars that will be cheap and passed from one to another like a cheap hooker.
Just look at the classified or Ebay, 2008+ cars are holding very steady in price. If your car is a GPW and has less than 20k miles, you got a gem for sure provided it's none of the things mentioned above.
Will conclude with the statement cars are not generally investments but if you buy the right cars, you will NOT lose money.
The car is NO LONGER MADE. Low mileage mint cars will fetch top dollar because you can't buy a new one, simple economics.
As for beat up cars, salvage title, stolen cars, checkered history, high mileage abused cars, well those are bottom of the barrel cars that will be cheap and passed from one to another like a cheap hooker.
Just look at the classified or Ebay, 2008+ cars are holding very steady in price. If your car is a GPW and has less than 20k miles, you got a gem for sure provided it's none of the things mentioned above.
Will conclude with the statement cars are not generally investments but if you buy the right cars, you will NOT lose money.
If someone buys a car as spectacular as the S2000 only to keep it as a garage model they're an idiot. The S2000 is an amazing piece of technology and awesome to drive, nothing but a pure joy.
Can someone keep the miles super low and not lose money or perhaps gain a tiny bit? Sure, I guess so but then what's the point? They are obviously not an enthusiast and could have done this more easily with the stock market. Now, if we're comparing different sports cars and mitigating financial loss as part of the equation I get it but honestly, buy a new Corolla and drive it for 500k miles until everything falls off, then buy another. Use the funds you don't spend on cars to invest in property and/or the stock market and build wealth.
The S2000 doesn't get great fuel economy, eats tires and insurance isn't cheap thanks to the multiple folks who drive beyond their skills and buy a car like this without having a garage first (stolen seats anyone?).
IMHO, buy an S2000 if you're an enthusiast and want a spectacular piece of automotive history to enjoy. Who cares what the future price is it's just money! Also, if you're buying an S2000 with the thinking that you'll sell it in the future it's the wrong car for you. I made that mistake once and my current S2000 is also what I'll be buried in.
Let me give it a try on you. I don't mean to offend but your an ignorant and opinionated S2000 owner. See doesn't feel good.
You can do anything you want with your possessions. Free country and all. Try not to suggest others need to drive or use their car in the same amazing fashion as you to be correct.
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