value of JDM's
#11
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Originally Posted by AquilaEagle,Jul 5 2006, 05:20 PM
mytse's is a very rare colour and I sugestted he may be able to command a premium for that alone
Worth = what someone will pay
Worth = what someone will pay
I'd certainly agree with the latter though. The best prospect of a sale at a premium is to someone who reads on here (or perhaps at a push in the PH classifieds).
Hang onto it, Man!
#12
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I'm quite interested in the value of S2K's at the mo' having asked the forum not long ago what mine was probably worth and was suprised at the replies to say the least...
Strangely, ALL replies valued my car at LESS for a private sale than I had already been offered trade by a non-Honda dealer who was going to have to shift the car on to another dealer as they wouldn't market the vehicle themselves...and not by an insignificant amount either...
I've therefore come to the conclusion that the value of S2K's is very dependant on mileage and condition and has nothing much to do with age at all - or the fact that they might be JDM (I'm obviously not saying that older cars are worth more than newer ones but a MY99-01 car in good condition is definately considered equivalent to a 2003 car in most buyers eyes). In fact, the MY99-01 cars seem to be quite desirable - especially if they are HPI clear and have been properly cared for (and are becoming rarer all the time ).
You only need to look at the price of the older cars on Honda's own website e.g. 2001 cars regularly going for
Strangely, ALL replies valued my car at LESS for a private sale than I had already been offered trade by a non-Honda dealer who was going to have to shift the car on to another dealer as they wouldn't market the vehicle themselves...and not by an insignificant amount either...
I've therefore come to the conclusion that the value of S2K's is very dependant on mileage and condition and has nothing much to do with age at all - or the fact that they might be JDM (I'm obviously not saying that older cars are worth more than newer ones but a MY99-01 car in good condition is definately considered equivalent to a 2003 car in most buyers eyes). In fact, the MY99-01 cars seem to be quite desirable - especially if they are HPI clear and have been properly cared for (and are becoming rarer all the time ).
You only need to look at the price of the older cars on Honda's own website e.g. 2001 cars regularly going for
#13
mytse's is a very rare colour and I sugested he may be able to command a premium for that alone
Worth = what someone will pay
Worth = what someone will pay
I wouldn't pay more than
#16
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Imports had more stigma in the early days because people didn't know of the impact of any differences. For example, early Prelude JDM's were expensive to maintain with parts needed from the motherland.
In addition insurance was expensive and Honda dealers were wary.
On the flip side if you do your research you get a low mileage cherished car which as it ages, looks a better deal than some of the ragged out UK examples.
The insurance and dealer issue is now gone so things are starting to balance up a bit.
I expect to get less than a UK equivalent when mine goes but I saved
In addition insurance was expensive and Honda dealers were wary.
On the flip side if you do your research you get a low mileage cherished car which as it ages, looks a better deal than some of the ragged out UK examples.
The insurance and dealer issue is now gone so things are starting to balance up a bit.
I expect to get less than a UK equivalent when mine goes but I saved
#17
Surely JDMs are worth less for the same UK model year. When I first started looking at getting an S last November, for roughly the same money, I could get a JDM 2 years newer.
#18
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I still think that JDM status becomes less and less important, as the car ages
A seven year old car will sell on condition above history
And I still believe the price floor for a car that has no HPI record, and is in generally good condition, is
A seven year old car will sell on condition above history
And I still believe the price floor for a car that has no HPI record, and is in generally good condition, is
#20
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[QUOTE=Autotrader]2002 HONDA S2000 2.0i GT 2dr Roadster, 24,800 miles, Yellow. ABS, Air conditioning, Alarm, Alloy wheels, Audio remote control, Hard top and stand, Honda Warranty till Mar 07, Rear speakers, Private S2000 plate, in excellant condition, has only . . . . (private)