Last post on Jul 08, 2011 at 5:16 AM
You are in the Prices Paid & Leasing Experiences Archive
What is this discussion about?
Honda S2000, Convertible
#279 of 420 Re: April 2007 S2000 sales numbers [dwynne]
May 02, 2007 (5:48 am)
I know you and I have been chatting regularly here so I wanted to run this by you....
1) 2003 Red S2000 with less than 3000 miles and is in pristine condition with an asking price of $23,999. I can probably get them to come down 500 but I imagine that would be it.
2) 2006 Laguna Blue with less than 4500 miles and it too is perfect, no blemishes, tires still have the little "strings" on them. No rubber stuck to the wheel wells, etc. Very well taken care of care (customer broke 3 year lease, 2 years early and I verified it). Asking $25,250 through a wholesaler. I might be able to get him to come down $500 but I really doubt it; we haven't discussed numbers yet.
My question is which is the better deal/value? Blue is my preference but red is my second choice. I wont be auto crossing. And the 2006 has the VSA, 2 cup holders and is still under warranty. The 2003 has the infamous 9k red line and stiffer suspension, and cheaper to insure. I've talked with many many many s2000 owners and the ones that have taken care of their cars have all had the same result with excellent quality so I'm not toooooo terribly concerned about the warranty. I'm thinking the 2006 would be best for me but monthly payment is higher... oh what to do... I'm waiting until tomorrow (05/03/2007) to see if Honda announces any new incentives and if they do, then there may be a 3rd option to consider.
My salesperson did say the manufacturer to dealer incentive ($2000) has been extended but he didn't say how long. Has Honda ever done both an dealer incentive AND a lease incentive concurrently? My dealer is passing the incentive to the customer.
You may have to fish through my ramblings to figure out what I'm asking.
#280 of 420 Re: April 2007 S2000 sales numbers [accelerator]
by kyfdx@Edmunds HOST
May 02, 2007 (6:22 am)
If the '06 model is less than $2000 more than the '03, it is a no-brainer.... get the newer car. Plus, you'll have warranty.. no warranty on that '03.
#281 of 420 Re: April 2007 S2000 sales numbers [habitat1]
May 02, 2007 (10:19 am)
I always wanted an NSX, but I could never afford one (and really could not fit in it since the driver's area is tiny - much tighter than the S).
In a recent AutoWeek they reported from the NY auto show the S2000 CR "The CR hits dealerships this fall". So maybe the S2000 will live on? Hopefully in more than just the track version CR.
Link to story with pic
The new lease deals are up on the Honda page and the S2000 deal is not hot. It comes in at 6.84% effective rate. I was shocked it was not more. The pre-figured deal has the car going for under invoice, so they are probably still doing the $2k dealer money.
#282 of 420 Re: April 2007 S2000 sales numbers [accelerator]
May 02, 2007 (10:27 am)
I had an 01 and now have an 05. The 2.2l motor is easier to drive and still fun, the older 2.0l meter was more "fun" when you could wind it up (which is not as much as you would think). It is more "raw" and sometimes I miss it.
The newer cars have larger wheels and tires and better stability (even without the electronic assist). Even driving at less than ten tenths the older S2000s could sneak around on you. Just out goofing off I went into a decreasing radius corner a little too fast and the next thing I know I am fighting to keep the rear of the car behind me . A lot better in the newer design. The upgraded interior is nice too.
The new lease numbers are up and the effective rate is 6.84%, so no big help there.
I would buy a new 07 with the $2k off - you might could get it for invoice less the whole $2k if you find the right dealer. That puts you not that much more than a used one, and if you are financing you save on the interest rate (usually a good bit cheaper rate on a new car than a used one).
Of the choices you have here, the 06 is the one to get.
#283 of 420 S2000 for $28,888
May 03, 2007 (12:02 pm)
Pricing info FYI: Received an unsolicited email today from a SF Bay Area dealer with this price.
#284 of 420 Re: S2000 for $28,888 [rujo]
May 03, 2007 (7:05 pm)
My local dealer is saying $28,500 plus TTL. I say it is a legit offer from your dealer. I'm shopping around for a Laguna Blue and to see if any dealer will beat my $28500. My local dealer doesn't have a blue one but can transfer one in for $275... That is just $275 I'd rather not pay.
#285 of 420 Re: S2000 for $28,888 [accelerator]
May 03, 2007 (7:17 pm)
My local dealer is saying $28,500 plus TTL.
This is good news - looks like prices are dropping into the invoice less $3000 range. What part of the country are you in?
#286 of 420 Re: April 2007 S2000 sales numbers [dwynne]
May 03, 2007 (7:24 pm)
I had an '82 Toyota Celica Supra and did that once (decreasing turn) and as hard as I fought, I wasn't able to keep the rear behind me... I did end up going into the ditch just between two light poles... all I could think about was that I didn't want to become a statistic (I was 16). By my skillful driving (because all 16 years have the skill of good ole Mario Andretti), I managed to steer clear of the poles and to safety.
Back to the toic, I went to look at the 06 and apparently it was car going to auction. It turned out to have 4500 miles instead of 7500 miles and was in prestine condition... on the outside. Inside, the speakers were blown, the compartment between the two seats were broken and the kicker, the vin tags on the fenders appeared to have been scratched at. The trunk and the hood didn't seem to close tightly so I figure 1) somebody abused the hell out of it or 2) it was a theft recovery. The small items were no big deal, but the fact that the vin tags were scratched at really concerned me. Anyone ever hear of this before? Why might a person do this?
#287 of 420 Re: S2000 for $28,888 [accelerator]
May 04, 2007 (5:54 am)
Whoa, wait. I came in here new to this. Are you saying you can get a new 2007 S2000 for $28,500???