Between the potential abuse of this type of car (not saying that you abused it), and the fact that used car loan interest rates are not favorable compared to new car rates, it is a no-brainer. You'll save very little $$$ (if any) buying a used one @ $28K with exposure to the possibility that the car was driven hard.

 

If I were in the market for a used S2000 at this time, I think I would consider a price of around $26k for the car with that mileage.

 

Another consideration is the add ons. In Arizona when you buy a car from an individual, thats it. Write the check and drive off. The plates are paid for, there is no tax, if you have an extended warrenty or lo-jack that is all included. If you pay MSRP from a dealer for a new one, that $33,000 will end up costing you around $40k. When a dealer says MSRP with no options, that is just the beginning.

 

It's hard to sell a used S2000 and pretty much any car worth more than a couple of grand because of how people shop for cars. Most people don't buy a car based on how much it costs, but based on what their payment will be. Most people can't figure a car payment. Heck, they don't even really know that financing a car and the purchase price of a car are really two separate things. They like the "convenience" of going to a dealership and having everything taken car of for them. They don't realize that the price they pay for this is in the thousands of dollars. You are trying to sell a car which is in good demand, but has a thin market. Add to this the fact that you have to find someone that can pay cash or atleast someone that is capable of making the effort to go out and get a loan and you have your work cutout for you. The key here is to be patient and realistic about what you can get for the car. It took me four months to sell my wife's Integra earlier this year, but I succeeded. Unfortunately, I did have to take less for it than I had origionally figured it was worth. Good luck!

- Bret

 

I guess not many people is as enthusiastic about buying the S2k as it was a year ago. Someone mentioned that the bad economy may have some effect on consumer choices. You'd probably want your car at a high price because you may have paid a few K over MSRP more than a year ago. Now people can just get MSRP for a brand new car so that's why they may not buy yours. May be you should keep it.

 

look at the resale now in 2014. Great numbers

 

Way to bump a 13 year old thread

 

During the recession, they hit a slump, and some of us got real lucky!!

 

I find the opposite to be true.Mine is NOT for sale,but I get asked at least twice a week if it is.

I'm in the South,so verts are always in demand.

\rlr
Carolina