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Honda S2000 Prices Paid and Buying Experience
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Comments
This is a great value if you asked me for what you get performance wise. I don't yet have kids so now is my time for an impracticle car like this. Keeping my other car to get through winter here - then I will sell it next spring. Will have to get snow tires for the following winter if my daily driver. . . . Good luck to all.
Then, there is a new 2005 with 150 miles, MSRP is 33,500 and they will go down to about 30,000.
I'm thinking the 05 is a better deal. Although I like the color of the 04 (silver with red/black interior), I have never let the color influence me out of a good deal.
The last choice, of course, is that neither of these is a GOOD deal, and that I should wait until the weather gets a little worse here in Chicago, and make them another offer. Any help appreciated!!
If you like the car, I would guess without some money from Honda to clear out the 05s you might at most save a few hundred dollars. See how little that changes your payment (if financing) and you might decide to go ahead and deal now so YOU get to drive your new S before the weather gets cold. Sure, you might save a little if you wait but then have to drive around with the top up and the heater on.
The supply of S2000s at dealers who deal is probably getting low with the cheap lease deal they have. One place I know in KY still has a couple (a black and a silver, I think) and they will do $30k and maybe a little less.
The 04 is out, just too little of a discount for a full model year older car.
The new 06 S2000s will have stability control (a much needed feature), different seats, steering wheel, and wheels (and some other changes). The other big news is the 06 will have a 36/36k bumper to bumper warranty but will have a 60/50k powertrain warranty. So if you are going to wait, just wait and get a new 06 (but you may have to pay more).
Dennis
Thanks so much for the feedback. I think I agree about the 04, that's probably out. I did not know that information about the 06's, I must have read the wrong info. Stability control really might be worth waiting for. Thanks again!
I think you can find brand new S2000's with 2-10 delivery miles on the odometer. I was offered a new Silverstone/Black w/4 delivery miles, still wrapped in plastic for $30,000. Shop around if you are interested in a 2005.
Lest anyone think I am overly anal about test drives, I am considering a 2005 Boxster S with 91 miles on the odometer without any reservation. The 3.2 liter, 7,200 rpm engine in the Boxster S requires much less coddling during break in than the Honda S2000. The early premature V-teching of the S2000 has been shown to have adverse consequences on long term performance. Same goes for being overly aggressive with an M3. But Porsches can be driven pretty much to their limit out of the box.
Got the first oil change done at 3,000 miles. Mobil 1 Synthetic.
Lovin' every minute of driving the car!
Someone could have redlined the 05 car just after it came off the truck in those 10 miles - so who is to say the 05 would have been "better"? Now, if you didn't get a nice discount then the 05 will always be worth more ($1,500-2,000) just being a model year newer - but if you saved enough up front then no big deal.
My first S was an 01 I picked up barely used and I really didn't have any problems with it and traded it for a new 05 a couple of months back.
While we would all like 0 mile cars the reality is that most of us will not get one every time - unless we go to a lot of extra trouble and expense to get one, and I am not convinced it is worth the trouble or expense.
Dennis
This was in a MotorTrend article. What is your source? They all have but introduced all the 2006 models minus one...the S2000. Because I would hold out for the 2006 or better yet get a better price for the 2005.
Thanks in advance.
Folks have posted the scans of the 06 brochure and now Honda has posted some info for themselves:
http://www.hondanews.com/CatID2066
Dennis
As for getting a better deal on a 2005, I don't know how much better than $30k or about $500 under invoice you will get. But given the changes for 2006 and the benefit of a newer model year, I would be tempted to wait. I suspect that something like $500-$1,000 over invoice on a 2006 would be achievable, at least come November/December. And that difference would likely be made up completely at trade-in time 2-3+ years down the road.
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"
Dennis
36 mos lease
15k miles
$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
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.
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.
Dennis
Good to see you jumped over your typical run-of-the-mill Boxster and went straight for the 911, good choice.
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.
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.
'06 Civic LX coupe
'11 BMW 335i coupe xDrive
'13 Honda Accord sedan (wife's car)
Going to testdrive tomorrow but worried that they might bring down the price to invoice price being very limited edition and such...
What exactly would you want to pay for it?
Just curious...
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.
'06 Civic LX coupe
'11 BMW 335i coupe xDrive
'13 Honda Accord sedan (wife's car)
I can't explain the race results you quoted. But it's not the capabilities of the cars.
P.S. For what it's worth, the Boxster S managed to edge out the Ferrari Enzo to take Road and Track's honors for fastest slalom speed ever recorded. I suspect that may be short lived once the Cayman is tested.
Optional Hardtop :shades: (which makes it driveable 300 out of 365 days a year- as long as the pavement is dry), CAR COVER, GrillCraft Grill Inserts :shades: in Black, detailed on a regular basis. Condition is immaculate and my mechanic gave it a 10 over 10.
ON ROAD PRICE was $22,125, incl. TTR
Cheers!!
--njexpress
************
. I went ahead with the private party purchase after original deal with Lynne's Infiniti, NJ :P went south; Dealer ad. announced that vehicle had manufacturer warranty
left :mad: on their 2004 S2000 with 19,600 miles. They also offered me an impossible price which made it soooooo fishy but I had accepted conditionally - Deal was subject to independent inspection; But after mechanic inspection and maintenance history verification (phone calls to HONDA NA and original dealership that sold the car),
It turned out that the tranny was blown at 5500 miles :lemon: due to suspected abuse and HONDA NA had consequently cancelled the warranty from that point on, after replacing the tranny as a goodwill gesture. The tranny and rear differntial are busted again on the vehicle per Garden State Honda, who had originally sold the car to the first owner. Dealer still hasn't returned my credit card deposit. But I have it in writing that I reserve the right to cancel the deal if there were issues.
************
thanks
Congrats!
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
Double sixes,
MidCow
I think they get more $ for this baby out west - cause you can drive it year round with the top down.
You're gonna love this car.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
What dealer did your friend buy it from?
Delivery. I think its because of the competetion with toomany dealers in the same city.
Here is what I did, I got Honda dealers ZIP codes from Honda Website within 100 miles radius (I am in LA) and tried to get quotes from them by their internet dept. I used EDmunds and Carsdirect for this. I got quotes from 20 dealers. I went and picked up my S2K within a week from my local Honda dealer as he was ready to beat any price quote I received by emails, finally it was for 30,995 which is less than invoice.
Driving this car is addictive and I cant stop driving it,,and I am not complaining!
in Charleston, WV. He had to rent a car to get there, but the dealer paid for it and he dropped his kid off at a nearby college.
He also looked at Houston, TX were prices are reported to be much lower for some reason nobody can explain?
Neither a trade nor financing were involved.
The Washington, DC dealers were at least $800 higher with Tyson's Honda offering the highest quote..of course.
I would love some advise. I am in between a Subaru WRX STI or a 2006 S2000. I might move to colder climates soon and I can't decide which car would be a better fit.
I love to drive open, but I also love the power of the WRX. Would you think you get tired of the acceleration and the power of a WRX vs the ability to drive top down? I also assume a S2000 would be safer and quicker in wet or snowy areas, since it comes with stability control.
Please let me know your experience or opinions.
Thanks