How Hard is it to sell a 3 or more yr old S2000?
08-24-2005, 10:10 PM
#1
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How Hard is it to sell a 3 or more yr old S2000?
the market seems dry to me. i would never want to sell, but was wondering how liquid it would be if i was forced to.
edmunds TMV value or private party kbb price.
edmunds TMV value or private party kbb price.
08-25-2005, 12:37 AM
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just remember.... reverting back to stock will help you get your value more. mods depreciate the car's value a lot. always part out your major mods unless the potential owner likes it and in that case you cant haggle cuz u know they want it more with the mods
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08-25-2005, 08:12 AM
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A couple of weekends back there were 10 or so S2000s in the local paper and cars.com showed nearly 30 for sale within 100 miles of my ZIP. So it is a buyer's market, for sure - and I can't remember ever seeing so many for sale around here.
I talked with a local guy the other day who got an 03 for under $20k with less than 20k miles on the clock.
On the other hand, the dealer sold me my 05 for $30,000 and gave me about $19,750 for my 01 S2000 in trade
Dennis
I talked with a local guy the other day who got an 03 for under $20k with less than 20k miles on the clock.
On the other hand, the dealer sold me my 05 for $30,000 and gave me about $19,750 for my 01 S2000 in trade
Dennis
08-25-2005, 02:16 PM
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It all depends on the market at the time you want to sell. Convertibles are usually hot during the summer and not so hot during cold/rain weather. It depends on how you keep your car. Clean and shiny cars with good maintenance records are usually sell very well. It also depends on your locale. You should have no problems selling yours S in southern California, but you would have problems if you lived behind the boondog.
Cheers,
Cheers,
08-25-2005, 05:52 PM
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From a buyer's perspective, the 2004 seems like the best year to buy in term of value (which sucks for the seller). The 2004's out there can be bought private-party for as little as 25-26k, with 10k-20k mileage. But 2000-2001's out there can cost as much as 23k in a dealership with 30-40k mileage. I know I am comparing apples to oranges here somewhat, but the point is that 2004's are just not that expensive relatively. On the other hand, as least for now, older S2000's are really holding their value... I can't find a lower mileage 2000/2001 for less than 16k private party! That is darn excellent for a now OLD japanese car that is not practical. There is definitely a niche market out there holding the price up.
In my humble opinion, the newer, 2004/2004+ ones are depreciating as normal, but the older ones are holding value quite well.
In my humble opinion, the newer, 2004/2004+ ones are depreciating as normal, but the older ones are holding value quite well.