S2000 holds it's value!
#1
S2000 holds it's value!
Percentage of original value expected to be retained after five years (top 10).
2007 Lotus Elise
53.86%*
2007 Lotus Exige
53.85%*
2007 MINI Cooper
52.71%*
2007 Jeep Wrangler
49.25%*
2007 BMW M6
48.11%*
2007 Honda S2000
47.96%*
2008 Scion xB
47.64%*
2007 Volkswagen Eos
46.93%*
2007 Toyota RAV4
46.92%*
2007 Chevrolet Corvette
46.74%*
Her is the link:
http://finance.yahoo.com/family-home/artic...k1S339DPkG7YWsA
2007 Lotus Elise
53.86%*
2007 Lotus Exige
53.85%*
2007 MINI Cooper
52.71%*
2007 Jeep Wrangler
49.25%*
2007 BMW M6
48.11%*
2007 Honda S2000
47.96%*
2008 Scion xB
47.64%*
2007 Volkswagen Eos
46.93%*
2007 Toyota RAV4
46.92%*
2007 Chevrolet Corvette
46.74%*
Her is the link:
http://finance.yahoo.com/family-home/artic...k1S339DPkG7YWsA
#4
The link takes you to the article and explains in more detail how they determine value. These cars do seem to hold their value fairly well, is some parts of the country better then others. They are basing the value on original M.S.R.P. but most people seem to be getting them for less. Either way, your in a better situation with an S2000 then most other cars, even at M.S.R.P. The better deal you get when you buy it the better off you will be down the road.
Honda has a reputation for quality, reliability, service and value. I think the S2000s performance numbers (although currently stagnant) are still very competitive. Enthusiasts love these cars because they understand their potential. The relatively low production numbers help keep supply low and demand high. Even though they are very different cars, I think of the S2000 much like the NSX. That car was produced for over 10 years with only minor incremental changes yet they are stilled loved and hold their value.
Don't get me wrong, I'd love to see Honda bring back the NSX and give it some crazy performance specs (so it could again be competitive for 10 years with very little change). I'd like to see them keep the S2000 for another 5 years too. Make it a true icon! I don't think a car needs to be completely redesigned every 3 years. A car that stands the test of time for 10 years is a true engineering accomplishment.
My dream S2000 AP3 for the next 5 years:
Keep the same S2000 platform but make a few cosmetic changes inside and out (possibly make a coupe). Drop the weight to about 2700lbs. by using a little more aluminium (body and suspension). Keep the same 2.2 Liter engine but use some new technology such as direct injection, continuously variable valve timing and lift (not just VTEC), maybe 8 valves per cylinder, better flowing intake and exhaust and a 9k RPM redline. I'd like the torque to be a little over 200 and the HP to be just under 300. At 27000 Lbs. it would be more comparable with the Lotus, maybe faster. And they could produce it for another 5 years without any significant upgrades.
Oh yeah, don't bother with drive by wire. I'll modulate my throttle my damn self!
Okay, back to reality. Sorry, I was dreaming out loud.
Honda has a reputation for quality, reliability, service and value. I think the S2000s performance numbers (although currently stagnant) are still very competitive. Enthusiasts love these cars because they understand their potential. The relatively low production numbers help keep supply low and demand high. Even though they are very different cars, I think of the S2000 much like the NSX. That car was produced for over 10 years with only minor incremental changes yet they are stilled loved and hold their value.
Don't get me wrong, I'd love to see Honda bring back the NSX and give it some crazy performance specs (so it could again be competitive for 10 years with very little change). I'd like to see them keep the S2000 for another 5 years too. Make it a true icon! I don't think a car needs to be completely redesigned every 3 years. A car that stands the test of time for 10 years is a true engineering accomplishment.
My dream S2000 AP3 for the next 5 years:
Keep the same S2000 platform but make a few cosmetic changes inside and out (possibly make a coupe). Drop the weight to about 2700lbs. by using a little more aluminium (body and suspension). Keep the same 2.2 Liter engine but use some new technology such as direct injection, continuously variable valve timing and lift (not just VTEC), maybe 8 valves per cylinder, better flowing intake and exhaust and a 9k RPM redline. I'd like the torque to be a little over 200 and the HP to be just under 300. At 27000 Lbs. it would be more comparable with the Lotus, maybe faster. And they could produce it for another 5 years without any significant upgrades.
Oh yeah, don't bother with drive by wire. I'll modulate my throttle my damn self!
Okay, back to reality. Sorry, I was dreaming out loud.
#6
Originally Posted by Saki GT,Sep 6 2007, 10:16 AM
Hmm, MSRP of $34k, so 47.96% is ~$16,300. Is that about what 02s are going for today? Around me they are closer to $18-20k.
Honda automobiles as a whole have the highest resale value in the entire industy rated by Intellichoice and the Annual Lease Guide. Honda sports cars have a much higher resale by far.
'97 ITR resales for approx $12-14k
'00 ITR resales for approx $19k-20k
'91 NSX resales for approx $30k
I see old '90-93 Accords in the classifieds (here in Hawaii) still selling for $3000!!
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