As far as i can tell, a decent s2000 will go for around 21. When i say decent, i mean there's a good chance you are getting a fairly good condition car - at 21, it's certainly no guarantee.
Now hypothetically, if i bought that car for 16, the 5k price difference would allow me to make certain parts completely bulletproof. as long as the engine was fine, i'm pretty sure i would be covered to make other known expensive parts unbreakable - which i would do straight away regardless of whether they were fine or not.
This is definately not the path i took lol, but something i considered.
I do believe that at 16k, you're going to need a pretty large buffer to cover you for any problems that may arise.
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