S2000 Vintage Owners Knowledge, age and life experiences represent the members of the Vintage Owners

Is the S2000 Appreciating?

Thread Tools
 
Old 07-12-2016 | 02:14 PM
  #21  
tof's Avatar
tof
Member (Premium)
15 Year Member
 
Joined: Apr 2007
Posts: 15,256
Likes: 2,123
From: Long Beach, MS
Default

Very low mileage S2000s in perfect original condition (except for wear items) will probably see some appreciation going forward. You see this already with NA Miatas. But most will continue to be very affordable. Good news for less affluent enthusiasts who will be able to afford nice driver quality S2000s for years to come. Dave pretty much made the case for this.

In related news, there is a very original '01 Integra Type R on BringATrailer.com right now with a current bid over $30K, with almost two full days left on the auction. MSRP was around $24K new. Adjust for inflation and that works out to around $33K. I expect the final bid will top that. Of course with only about 3,800 USDM Type R's reaching our shores over a five year production run, these are rarer than NSXs and FAR rarer than S2000s.
Old 07-14-2016 | 10:01 AM
  #22  
S1997's Avatar
Former Moderator
20 Year Member
 
Joined: Oct 2003
Posts: 17,117
Likes: 625
From: Houston/Durango
Default

Originally Posted by S1997
Some comments about S2000s as investment cars from 6 months ago in UK.
http://www.autocar.co.uk/car-news/us...r-buying-guide
Old 07-15-2016 | 03:27 PM
  #23  
spad124's Avatar
Registered User
 
Joined: Aug 2014
Posts: 97
Likes: 9
From: Rockford, Illinois
Default

Originally Posted by Legal Bill
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.
My totally unscientific theory is that whether a car continues to depreciate in value as it gets older or bottoms out and starts appreciating in value occurs about ten years after production ends. I've noticed this trend over the years with British cars, pony cars, and Vettes. Rarity, uniqueness, and desirability when new play a part also. I bought my unmolested '06 S2000 with 28,500 on the clock in the low $20Ks 22 months ago. From what I can tell prices seem to be holding on similar examples. But, I'm almost 60 and bought it to drive while I still can enjoy a two-seat four banger that reminds me of the TRs I had just out of college. So, I'm going to turn some of the value into miles while I still can.
Old 07-15-2016 | 06:58 PM
  #24  
dlq04's Avatar
20 Year Member
 
Joined: Jan 2001
Posts: 42,332
Likes: 5,919
From: Mish-she-gan
Default

Originally Posted by spad124
Originally Posted by Legal Bill' timestamp='1468292205' post='24014388
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.
My totally unscientific theory is that whether a car continues to depreciate in value as it gets older or bottoms out and starts appreciating in value occurs about ten years after production ends. I've noticed this trend over the years with British cars, pony cars, and Vettes. Rarity, uniqueness, and desirability when new play a part also. I bought my unmolested '06 S2000 with 28,500 on the clock in the low $20Ks 22 months ago. From what I can tell prices seem to be holding on similar examples. But, I'm almost 60 and bought it to drive while I still can enjoy a two-seat four banger that reminds me of the TRs I had just out of college. So, I'm going to turn some of the value into miles while I still can.
That my friend is what it is all about. Enjoy.
Old 07-16-2016 | 05:32 AM
  #25  
Emil St-Hilaire's Avatar
Registered User
Gold Member (Premium)
20 Year Member
 
Joined: Oct 2002
Posts: 22,038
Likes: 469
From: St-Redempteur,Qc.
Default

Mine is appreciated.
Old 07-16-2016 | 09:37 AM
  #26  
Jet sitter's Avatar
15 Year Member
 
Joined: Sep 2005
Posts: 3,169
Likes: 22
Default

Damn, I planned my retirement around my S becoming another Cobra.
Old 07-16-2016 | 10:22 AM
  #27  
Emil St-Hilaire's Avatar
Registered User
Gold Member (Premium)
20 Year Member
 
Joined: Oct 2002
Posts: 22,038
Likes: 469
From: St-Redempteur,Qc.
Default

Originally Posted by Jet sitter
Damn, I planned my retirement around my S becoming another Cobra.
Better keep working a few more years...
Old 07-16-2016 | 12:42 PM
  #28  
zdave87's Avatar
Member
Member (Premium)
20 Year Member
 
Joined: Apr 2004
Posts: 82,365
Likes: 1,151
Default

I think unmolested S2000s have stopped depreciating. Especially certain colors and trim, IE GPW and black/red interior. Stanced, slammed, riced out examples will continue to fall in value.
Old 07-16-2016 | 12:55 PM
  #29  
Emil St-Hilaire's Avatar
Registered User
Gold Member (Premium)
20 Year Member
 
Joined: Oct 2002
Posts: 22,038
Likes: 469
From: St-Redempteur,Qc.
Default

Originally Posted by zdave87
I think unmolested S2000s have stopped depreciating. Especially certain colors and trim, IE GPW and black/red interior. Stanced, slammed, riced out examples will continue to fall in value.
Mine is riced,but can easily be reverted to stock.
To each his own way,to enjoy the toy...it's not Wall Street,after all.
Old 07-16-2016 | 01:21 PM
  #30  
NNY S2k's Avatar
20 Year Member
 
Joined: Mar 2002
Posts: 25,135
Likes: 330
From: Plattsburgh, NY
Default

^^^Emil, your's is tastefully enhanced, not hacked up like some are.
Levi


Quick Reply: Is the S2000 Appreciating?



All times are GMT -8. The time now is 06:25 AM.