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Honda S2000, Convertible
#168 of 420 Re: Need help in deciding which is a better deal! [habitat1]
Sep 12, 2005 (5:46 am)
I am not sure I like the changes to the wheels or the steering wheel or the seats (I will wait to see them in person), but having stability control and the longer powertrain warranty would be enough to make me wait - I think.
That said, I am a lease guy - and only gave up my 01 S for a new 05 S this year due to the cheap least deal Honda is offering. The $299 a month promo payment assumes a net cap cost of $29,376.41 - so getting the car for $30k or a little less gets you "real close" with nothing out of pocket.
This deal is STILL going on (through 10/3/2005) for 2005 S2000s if you can find a deal on one.
Like you said, I think it may be a LONG time to find an 2006 S for $30k AND get this cheap of a lease deal too.
But if I were going to pay cash or finance, I think I might wait for the upgrades....
They mentioned rain for the first time in about TWO WEEKS on the radio this morning, if I does rain later in the week it will be the first time in around 17 days. Me and the new S have been "loving it"
#169 of 420 Dealer only made $360 on this deal
Sep 15, 2005 (10:36 pm)
I did quite a bit of internet shopping before I found the best price for the Southern California market. This was my first automobile lease, so I didn't qualify at the super-preferred tier 1 rate, but with some pleading to American Honda Credit by three separate finance directors, they eventual got my initial turned down response approved at tier 2 (preferred). So the deal I got:
36 mos lease
$387.47per month with $0 down, and dealer paid DMV, doc, and first month's rent
This is deal is equivalent to $640 below invoice. The only profit was from the $994 if dealer holdback. If you have excellent credit with a FICA of 720+ you could do the same deal for about twenty dollars less. Best of luck
#170 of 420 Moving on, but never forgotten
Sep 20, 2005 (3:32 am)
Well, as of 7 days ago, I am the owner of a new 2005 911 S Cabriolet. It had been 16 months since I traded my 2002 S2000. At various times while shopping, I thought I might end up with another S2000. But our financial situation allowed a splurge, and both of my daughters fit (for now) in the back seat of the 911. That alone is worth the slight ($65k) premium.
As much as I will be enjoying our new "family sports car" as my youngest refers to it, I will never forget our Honda S2000. It was my first real sports car, since my old 1984 Toyota Supra (hatchback) was more of a sports coupe/GT. I still smile when I see other Honda S2000's on the road - especially Spa or Rio Yellow ones. And believe it or not, in the first week of 911 ownership, I haven't had as many comments or compliments as I had that first week with the S2000. Not that I care much, but it was funny having people gawk at a Honda.
So for all of you fortunate enough to own an S2000, congratulations. For all of those considering one, you would be hard pressed to find a better sports car for under $55,000, let alone $35,000.
Best wishes to all.
#171 of 420 Re: Moving on, but never forgotten [habitat1]
Sep 20, 2005 (10:40 am)
Never have owned a Porsche - probably never will. The lone area dealer is a pain to deal with for sales or service. Friends have them and swear by them - and it is a way to say "I have arrived" - and have super driving dynamics.
For the $65k "premium" I could get an RX-8 w/GT package (w/4 doors and a back seat) AND an S2000 AND have a nice chunk of change left over.
Oh, wait - I DID that
I splurged on an M5 a few years back. Super car, but lots of problems for the few miles I put on it. Sold it and my 01 S2000 and got 3 news cars (the 05 S, the 05 8, and an Accord for my wife). Splurge cars are fun, but I have had bad luck with mine - the M5 and a C5 'vette convertible.
Sep 20, 2005 (12:16 pm)
If I were ever to step up to a new toy, it would definitely be a Porsche. But I am only 32 and 60+ grand on a car is way out of my budget but I agree that owning a Porsche is like say "I've made it". Congrats on your purchase!
Good to see you jumped over your typical run-of-the-mill Boxster and went straight for the 911, good choice.
#173 of 420 Re: Dealer only made $360 on this deal [jsamof00]
Sep 24, 2005 (3:24 pm)
jsamof00, I too live in SoCal and am intrigued by the deal you found - Will you share the dealer name? Thanks,
#175 of 420 Re: Dealer only made $360 on this deal [jb2005]
Sep 28, 2005 (7:31 pm)
You can get these deals at Power Honda Costa Mesa (Sebring Silver) or Carson Honda (Yellow).
#176 of 420 Closing out the 2005's
Oct 20, 2005 (6:33 am)
If you're looking to get an S2000 on the cheap, you can get great deals now that we are heading into winter. I was offered $29,000 on one, which is a little less than the dealer's cost, even taking into account the holdback. They want to clear them out to make way for the 2006's, which I fear you may not ever be able to get a great deal on, because production will be limited.
Personally, even with the great brand new 2005 deals, I opted for a Certified Preowned. It's a 2004 in the color combination I wanted, with 11k miles, brand new tires, and the 7 year/100,000 mile warranty for only $25,000 even. That's not much higher than trade-in value, and it's lower than private party. It's in great condition too, except for a small scratch on the rear bumper and another small one next to the headlight. Well worth it for the $$ savings and the added warranty coverage. The dealer even showed me in his computer that they were in the hole about $900 on it.
Those of you in the greater DC area, I highly recommend Shockley Honda in Frederick. Very helpful, friendly, enthusiastic, and knowledgable. Cut a great deal, too... better than any other one I could find online, even searching country-wide and going so far as to make an offer on several.