Is the S2000 Appreciating?
#11
Well, I appreciate it.
I don't think that you'll lose money on a good one. As long as you keep it OEM stock. Buy one at say, $21K. Drive it for 5 years. Sell it for $21K. Not bad.
The S2000 will never be a Ferrari 275GTB, in terms of desirability and increase in value.
I don't think that you'll lose money on a good one. As long as you keep it OEM stock. Buy one at say, $21K. Drive it for 5 years. Sell it for $21K. Not bad.
The S2000 will never be a Ferrari 275GTB, in terms of desirability and increase in value.
#12
It is way too early to judge the collectability and future market value of the S2000. But as Dave points out, the sky is NOT the limit. While people do a pretty good job messing them up with mods and a small percentage get totaled every year, there are still thousands of them sitting in garages going less than 3,000 miles a year. And the car has been out of production for only 7 years. Most interested buyers will look at the cost of new cars when considering a 7 to 10 year old sports car. An S2000 priced near a new Miata will lose the decision making analysis 9 times out of 10. So I think they will trade around the $15 to $20K range for some time to come. They may return to MSRP in five to 10 years, depending on what is available new.
#14
It is way too early to judge the collectability and future market value of the S2000. But as Dave points out, the sky is NOT the limit. While people do a pretty good job messing them up with mods and a small percentage get totaled every year, there are still thousands of them sitting in garages going less than 3,000 miles a year. And the car has been out of production for only 7 years. Most interested buyers will look at the cost of new cars when considering a 7 to 10 year old sports car. An S2000 priced near a new Miata will lose the decision making analysis 9 times out of 10. So I think they will trade around the $15 to $20K range for some time to come. They may return to MSRP in five to 10 years, depending on what is available new.
Levi
#15
The MGA example fails to account for the 10x inflation that's occurred since 1960. $3,000 now equals $30,000. New Corvettes were under $7,000 in 1971.
Just saw a very nice "A" on the road last weekend so there are a few left and the value of highly preserved cars may be stable. I've not looked at prices but $30,000 seems very high.
-- Chuck
Just saw a very nice "A" on the road last weekend so there are a few left and the value of highly preserved cars may be stable. I've not looked at prices but $30,000 seems very high.
-- Chuck
#17
The Japanese car market is just now reaching "collector car status". The under appreciated, once denigrated, Japanese made cars are starting to appear in respected car auction sites. Private sales of early Datsun's (240Z, 510 sedans, imported GT-R's) are even climbing for unmolested, original examples. Some of this price increases I'm sure is due to valuation of the 2000 GT Toyota sales, NSX sales, original GT-R sedans, but even the lowly pre-Kei Japanese cars are going up. Some of the values are driven by the respective generation they represent, much the same the 50-60's cars are valued by prior generations.
There was an interesting article on Japanese collectibility which I will link to, interesting reading.
https://www.hagerty.com/articles-vid...ws%203-23-2016
I see the S2000 valuations going up (see major car marketing sites like Cars.com or Bring A Trailer) especially for well maintained, "unmolested" models. Add in the specific color combination, limited production models and you see spikes in values even today. In the mean time we will have to wait and see who is right, the experts or Honda car sites like S2KI, S2KCA, etc that see the value in their cars.
S2000 production, U.S.
https://www.s2ki.com/s2000/topic/729...-of-us-s2000s/
Additional articles:
http://honda-tech.com/articles/5-inn...last-15-years/
http://www.foxnews.com/leisure/2016/...s/?intcmp=hpff
There was an interesting article on Japanese collectibility which I will link to, interesting reading.
https://www.hagerty.com/articles-vid...ws%203-23-2016
I see the S2000 valuations going up (see major car marketing sites like Cars.com or Bring A Trailer) especially for well maintained, "unmolested" models. Add in the specific color combination, limited production models and you see spikes in values even today. In the mean time we will have to wait and see who is right, the experts or Honda car sites like S2KI, S2KCA, etc that see the value in their cars.
S2000 production, U.S.
https://www.s2ki.com/s2000/topic/729...-of-us-s2000s/
Additional articles:
http://honda-tech.com/articles/5-inn...last-15-years/
http://www.foxnews.com/leisure/2016/...s/?intcmp=hpff
#18
Even the lowly N and Z 600's are gaining in notoriety. Given Tim Ming's expertise in restoring of early Honda's it's no surprise. Plus there are some interesting links on his site to videos on his latest project, plus auction results.
http://www.mercilessmingshondan600.itgo.com
Oh, and he owns a S2000 too, a Rio Yellow CR.
http://www.mercilessmingshondan600.itgo.com
Oh, and he owns a S2000 too, a Rio Yellow CR.
#20