S2000, becoming a collector's item?
#22
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I plan on keeping my S for a long time. (translation: Until I can afford an NSX.)
I don't think the S will become a universal collector's car because of it's relatively low price tag and wide availability, but I do think that it is a special piece that will still be enjoyed and cherished 30 years from now.
I'm just anxious to see how the 04 evolves from the 00-03
I don't think the S will become a universal collector's car because of it's relatively low price tag and wide availability, but I do think that it is a special piece that will still be enjoyed and cherished 30 years from now.
I'm just anxious to see how the 04 evolves from the 00-03
#23
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Anything at this point in time (within 10 years) isn't collectible with 15,000 of them available. It would take 15 years before you might consider the S2000 collectible and then, only if it's been left stock.
My .02
My .02
#24
Collectible?.............Heck yeah.
Think of the original ('53) Corvette body, First gen ('69) Camaro, 65 Mustang, Jaguar XKE, etc.......any first year and/or first generation body style is bound to be a collectible, as long as the car remains in production and builds a legacy.
Just think if you had an original Honda S500 with the chain drive, and how much that would be worth.
I'm keepin' mine!!!
Think of the original ('53) Corvette body, First gen ('69) Camaro, 65 Mustang, Jaguar XKE, etc.......any first year and/or first generation body style is bound to be a collectible, as long as the car remains in production and builds a legacy.
Just think if you had an original Honda S500 with the chain drive, and how much that would be worth.
I'm keepin' mine!!!
#25
S's are depreciating over half their value in three years. it will take forever and a day to recoup the accumulated depreciation AND a minimal rate of return on the original purchase. the S may become a collectible, due to the low production numbers and owners' turning them into rolling after-makret parts catalogues, but that doesn't make it an investment. there haven't been any "limited editions" or special option packages. they are all pretty much the same.
'60's-era S's ARE NOT fetching big bucks, and that's after 40 years. why would the S2000 be any different?
'60's-era S's ARE NOT fetching big bucks, and that's after 40 years. why would the S2000 be any different?
#28
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As of this year in a consumers report study.
You are forgetting one thing, virtually ALLLLLLLLLLL cars have lost additional value. Go back and read the thread and see why. If used prices were in the mid 20's, why would anyone buy a used one when you can get a new one for a little more? When the economy stabilizes, you will see some cars creep back up, but not all. GM, Ford and Chrysler will have a tough battle 12 to 24 months after that getting people to buy cars and their used car prices will suffer significantly. If you don't think they have to worry about, think again. When leases are up and the car is worth practically nothing, that will eat their bottom line.
You are forgetting one thing, virtually ALLLLLLLLLLL cars have lost additional value. Go back and read the thread and see why. If used prices were in the mid 20's, why would anyone buy a used one when you can get a new one for a little more? When the economy stabilizes, you will see some cars creep back up, but not all. GM, Ford and Chrysler will have a tough battle 12 to 24 months after that getting people to buy cars and their used car prices will suffer significantly. If you don't think they have to worry about, think again. When leases are up and the car is worth practically nothing, that will eat their bottom line.
#29
Cars are consumer products, not investments. Prices will always depreciate. It's stupid to "collect" S2000s IMHO. One should simply own one because the owner loves driving it!
Only way for the S2000 price to climb is if your S2k were the only one left standing after decades and decades of use... and accident avoidance.
I kept my $10k Civic for 10+ years and it's still running. My $30k S2k will have to be kept for 30+ yrs in order to make my money's worth... Hmm, I wonder how many people will still be around here 30 years down the road.
Only way for the S2000 price to climb is if your S2k were the only one left standing after decades and decades of use... and accident avoidance.
I kept my $10k Civic for 10+ years and it's still running. My $30k S2k will have to be kept for 30+ yrs in order to make my money's worth... Hmm, I wonder how many people will still be around here 30 years down the road.