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Honda S2000, Convertible
#210 of 420 S2000 2005 left overs and 2006
May 15, 2006 (8:30 pm)
I’m from South California and I bought mine last weekend after researching this model for two weeks.
Here are some helpful hints
The MSRP is $34600 but almost all the dealers will sell it at invoice. The interesting stuff is that two dealerships agreed to sell it in $29700, which is $1300 below invoice.
If you want to lease and have high credit score you can get the car for 36m/12K with money factor of 0.0069…this will make monthly payments below $330 (before tax), and minimum drive off (first month + DMV fees)… awesome deal!
I went with 2005. You can still find dozens of them around the continent. Don’t offer more than $26000, Honda has some hidden incentive to the dealerships.
This car is a blast! I almost bought MX-5 which is better to drive (I guess because of lighter chassis) but the safety is questionable. I tried the Z4 but it only felt “sporty” where the S2000 is real “sport car”…it reminds me the days of racing Formula Renault in Europe
#211 of 420 S2000 Lease offer.
May 16, 2006 (9:55 am)
This is my first time leasing and I was curious on the deal I'm getting.
According to the money factor I'm at preferred credit at .00109 with no down payment or .00099 with one.
2k Total out the door.
630 of that is "down payment"
Puts my payments to 395 a month including 7.75 taxes.
He said to get my payments to 350 a month the downpayment would need to be 2084 and a total out the door cost of 3546.98.
I belive the price i'm getting is 31569 a month.
Looking for some help here
good deal? ok deal?
#212 of 420 Re: S2000 Lease offer. [cmcnamara]
May 16, 2006 (12:13 pm)
Doesn't sound like a good deal.
Which part of the country you are living in?
#213 of 420 Re: S2000 Lease offer. [hipoporay]
May 16, 2006 (7:32 pm)
I'm in northern california bout 2 hours north of SF our tax rate here is 7.75
So I test drove it today and have new numbers. let me know what you guys think.
1366 out the door of which 595 is acquisition fee, 414 is first month. 357 is doc fee and license fee.
Payments are 384.99 before tax and 414.83 after tax. This is with 0 cap reduction.
By the way i'm in the preferred class which is .00099 or .00109 with no sec deposit.
What do you guys think?
#214 of 420 Re: S2000 2005 left overs and 2006 [hipoporay]
May 16, 2006 (8:59 pm)
That's a great deal, can you tell us the name of the dealerships that you dealt with in SoCal and which one you ultimately bought from. I'm buying at 2006 soon and would love to get it for $29.7K.
#215 of 420 Re: S2000 vs WRX STI [patrikhorstman]
May 17, 2006 (10:30 am)
I am in the same boat with you on choices. My son as an STI and has been through a winter in Minneapolis with no problem. He did buy snow tires as the stock ones are high performance dry tires. He as had no problem with the car and it is a hoot to drive. The STI is really a better all around car - reasonable back seat. The S2000 is really a good second car not a principal one.
#216 of 420 Re: S2000 2005 left overs and 2006 [hipoporay]
May 17, 2006 (10:44 am)
what do you know about the rebate on 05 S2000. My local dealer turned down 28K
#217 of 420 Re: S2000 2005 left overs and 2006 [jgk]
May 17, 2006 (10:47 pm)
Paragon Honda at NY sells new 05 (Gray) at 24995. Use it as a bait and see how low they can go. You can also ship the car to CA (~$990).
#218 of 420 Re: S2000 2005 left overs and 2006 [samsonite99]
May 17, 2006 (10:50 pm)
Send a quote request to Honda Long Beach. You will get automated answer which offer the car at ~29850. Send this price to 15 dealerships around and you will see that at least two will give you 29700.
#219 of 420 Re: S2000 Lease offer. [cmcnamara]
May 17, 2006 (10:58 pm)
The cap cost is too high at this offer...
What is the lease period (36months?) and the milage per year (12K?).