A conclusion to lots of research.

Can you let me know if this is practical or am I smoking the waccy baccy???

Wait till October
Buy a 2004 GT
No mods
10-15k on the clock.
Get extended Honda warranty.
Get an alignment / susp check thrown in.

Pay

 

Sounds like a good plan, but I doubt you would get an 04 for that price from a dealer.

Most dealers are still (and don't see it changing much by October) charging

 

Might be best looking privately and it should be possible to pick something like that up. Mine was a 2004 (53) Roadster with 43k miles which I part-ex'd for 15k.