Will the S2000 value appreciate?

[JAP-S2K]

It's much the same as asking will a R32, R33, R34 GTR hold it's value(how much were these cars new, and what are they worth now)? No, very few cars do these days, because we live in a disposible world. We love this car today and hate it the next, or as soon as something superseeds it. I'm suprised to see NSX's still fetch decent coin considering there age.

[onecoop]

Its pretty simple really and this is a discussion that comes up all the time when talking about popular cars that are a bit different, eg: I own an RX3 coupe which has appreciated year on year in the 12 years I have had it.


For any car to appreciate in value, supply has to outstrip demand. Now the problem with cars these days is that they are built and marketed to be disposable. Buy one new, sell it after 4-5 years and then buy another new car.

15 years, 5 owners and 250,000kms later and the car is rubbish.At this point in time 1 of 2 things happens.

1 - The car has been & gone. Its outdated and the wreckers will give you $50 for it. Good example, early 90s SOHC Civic.
2 - The car is for some reason a little special and its built up a cult following. Good condition, low kms examples are getting really hard to find and and they are fetching good money.

If its number 2, then over the next 20 years it may go from a popular car to an enthusiasts car to a cult classic. The price wont start going up until the demand for a good one is higher than the pain in the ass value of owning it.

If we knew what would become classic, we would all be rich because we would buy one now along with a container load of spare parts and lock it up for 30 years. But they key things that seem to apply to most cars that get to cult classic and then classic status are:

1 - The top spec model of that range
2 - The car is a little unusual in some respect
3 - It is recognised as having a successfull racing history
4 - It was a popular model which sold well
5 - Easy to modify for more HP

Most cars never make it past the enthusiast barrier, but if I had to pick a Honda that possibly could I would say EF CRX. A good tidy one fetches way more an Si Civic from the same year and they have a strong worldwide following. Small, light, handle and stop well and go like the clappers which makes them fun to drive and appeal to a wide range of people, yet still practical with 4 seats (JDM spec) and will easily take an upgrade in the form of a B18 conversion.

[kidder]

I've said this before in another thread, go over to carsales and check the prices of Holden Gemini's .... I saw one for 40k.... it's just a matter of time before the s2k becomes valuable as a collectors item. How much time is the question - I expect at least 10 years.

[onecoop]

While you are there check the price of an RX4 or a ford escort. Same era, both have some history and arent worth a lot. Your $40k gemini has probably had $100k spent on it but one in relatively stock condition is still worth next to nothing, unlike a true classic or cult classic which is highly sought after in stock condition.

not all cars become classic and no one can predict what will and wont be.

[gumus89]

Honda did well around 2000 with their two doors.
Until things change drastically, I dont see an s2000, Late NSX or 5th gen Prelude() looking old.

I guess its largely in the condition. You will get people with money paying for the best. Just like people paying ridiculously huge sums for old falcons and commies. They are immaculate and people with more money than sense will pay out their ass.

[dc2dc2dc2]

ahahaha

what a joke

honda fan boys

no chance s2000 will apprecaite.

saying that is liek saying if i keep an ek9 in mint condition with low kms

im gonna sell it for 50k in 20 years

yeh right....dreamers.

[kidder]

Maybe you need to look at it like this, if you get one today for 30k or less your not going to tear up us much money as the guy who paid 80k for one from new, and your still getting a great car. Clearly there are better financial opportunites around today. I guess the real question is how well this car will be regarded in years to come.