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Prices Paid: Buying & Leasing Experiences Honda S2000 Prices Paid and Buying Experience
416 messages, Last post on Oct 10, 2009 at 7:11 PM
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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.
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Are you guys sure about that? Dang, I was going to wait till March or so to sell my Integra so I can get an '06 S. This means there won't hardly be any discounts if there aren't enough cars to go around. Usually limited production means that the S is on its way out. '06 might be the last year then. I hope not. I would like to see a new more powerful S in the next couple of years. I auto-xed a white '05 a couple of weeks ago that my friend bought in early September. It was an awesome experience. I always wanted one but that single 55sec. autocross run made me want one very badly. I almost matched my modified Integra's time and my Integra has race suspension, LSD, bigger sway bars, etc. and race tires. The S2K was completely stock with the factory tires. The course was however a little faster than a typical SCCA course. The club was a private club and non-SCCA. I was impressed by the S's handling capabilities out of the box (with no Konis or expensive adjustable shocks) as well as the braking, but the 8K redline came up very fast several times and I kept hitting the rev limiter which I didn't like because it slowed me down. Shifting up to 3d and back down to 2nd again was not an option because it would have hurt my times even more since I 'd only be in 3d for a second or so. The brakes also took me by surprise and found myself braking early a couple of times at the first half of the course and getting back on the gas! I did get used to them pretty fast and started braking later and deeper. I also noticed it wasn't as tail happy as an '01 that I had been in (another auto-x run but I was in the passenger seat). The '05 felt more neutral but it exhibited some unexpected understeer at high speed cornering (more than my Integra that was on R tires) most likely because of the tires and me driving over their adhesion limit (overdriving the car). Anyway I was at my local Honda dealer today. The sales manager said they won't be getting any '06 models for another couple of weeks. They still have two '05's left over! I was thinking of offering them $28K but I was afraid they might say ok. Without selling the Integra first, I would have had a hard time making the payments since I just bought a new '06 Civic for my very long commute and a CRV for the wife a few months ago. |
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Replying to: okwiater (Oct 20, 2005 6:33 am) |
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Replying to: firsts2k (Oct 26, 2005 3:57 pm)
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| I just sold a '00 911 cab for the '06 s2000. Dont get me wrong the 911 was nice but for some reason the s2000 is more fun to drive and I felt more comfortable in it. The 911 is not a very maintanence free car and it can sometimes get annoying to have to bring it in to service. The s2000 feels more a part of me when I am driving and that is why I made the switch. Driving until it snows here in Chicago. Then I will go with my 06 CRV-se that I just got as well by trading in my 98 Land Cruiser another great car but horrible gas mileage. | |
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Replying to: fastone1 (Oct 27, 2005 6:33 am) Going to testdrive tomorrow but worried that they might bring down the price to invoice price being very limited edition and such... 
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You are worried that they might bring down the price to invoice? What exactly would you want to pay for it? Just curious...
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Replying to: isellhondas (Nov 15, 2005 4:20 pm) Last weekend marked the 4th anniversary of my purchase of a 2002 S2000. I bought it for $32k ($880 under MSRP), which was a great deal at the time, considering the Edmunds TMV was still $36,000 ($3120 over MSRP). I traded it 2.5 years later in May 2004 with 19,000 miles for $23.2k on an Acura TL, but could have sold it privately for $25k+/- if I wanted to go through the hassle. The fact that one could buy a 2006 limited edition S2000 for less than I paid 4 years ago for a 2002 does, IMO, make the S2000 the best sports car buy out there. I debated with people on the RX8 forum that were convinced that that car would continue to sell at MSRP long after it was introduced. Some foolish buyers paid full sticker. There are now brand new 2004's sitting on dealer lots that they are unsuccessfully trying to sell at $7,000 under MSRP. The RX8 was a 3-6 month fad and is now a dud. If you bought one of those, your depreciation is at leat 50% more than an S2000 would have been. Same goes for the Z4. The S2000 is the real thing. If Honda set the MSRP at $40,000, it would still be a bargain. Compare it to a base Boxster if you need proof. So if you can't squeeze the last nickle out of the dealer's profit, keep the big picture in perspective. The 2006 S2000 will likely hold more of it's value than any other car you could buy 2-3-4+ years down the road. |
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I really enjoyed watching the S2Ks having the Boxters for breakfast at the various auto-x clubs I belong to. In '05 the SCCA moved the S2000s up to A Stock (from B stock) so now it competes against the Boxter S (Corvettes & other fast cars). At the Nationals this year the S2K's beat all the Boxter S's!
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