How much is my Honda S2000 worth?

Sports convertibles don't get any better than the critically acclaimed Honda S2000, but how much is your S2000 worth?

How do I find out how much my used car is worth?

The Honda S2000 is not only a vehicle that exudes driving dynamics but also something to let your hair down and let the sun in on a pleasant weekend drive. The S2000 follows the sports car tradition of a front engine, rear-wheel drive format with razor-sharp handling. Driving enjoyment while also being a premium vehicle is the name of the game here with the S2000.

The engine has also fetched many accolades as time has passed. 177 kW and 218 Nm doesn’t sound firebreathing by today’s standards. Still, when the S2000 was released back in the late 90s, its engine achieved the highest specific power output of a naturally aspirated engine in the world. The S2000 held that title until 2010, when the Ferrari 458 Italia came along and took the title.

How to find out how much Honda S2000 is worth

Selling your car is always going to be a thing that happens eventually. We can only imagine how hard it is with your beloved S2000. Perhaps you want a different car, like something geared more towards practicality; maybe life circumstances might have changed, meaning your needs and demands have changed, too. With this in mind, you want to get the best value possible out of your car when the time comes to sell. There will be some homework involved, but with the right information, you’ll be less likely to lose money and be realistic with what you currently have.

What affects the value of your Honda S2000?

Want to value your S2000 quickly? You can start here. There are a few ways to inspect your car’s worth online or in person. In-person assessments are the best but require some more effort, especially since we’re dealing with a bespoke sports car here; in this writer’s opinion, You can use online tools that can give a decent indication of what you can get, but pictures and videos can only tell part of a story. An In-person assessment can garner the exact amount a dealer or even private buyer would be looking at forking out. It’s worth mentioning that values will differ between dealers and private buyers as dealers need to make money and cover the cost associated with a sale. Some people may regard this vehicle as being affected by ‘Nostalgia Tax’, but really, it’s a matter of supply and demand in the vein of modern classic sports cars. Not very many S2000s were sold here in South Africa, and because of the recent demand for such lifestyle cars, they’re likely to fetch a high price depending on who you talk to.

There are a few factors that will affect the value of your S2000. First up is the year of manufacture and trim level. There are two versions of the S2000, namely the AP1 (Pre-facelift) and AP2 (Post-Facelift) with significant differences between the two. Next is the vehicle mileage. Speaking generally, higher mileage vehicles tend to go for a lower value versus lower mileage vehicles as they have components that have worn out more due to frequent use. Remember, the S2000 is a highly-strung sports car, so we need to emphasise vehicle maintenance. This is where it’s essential that the car has a full-service history. Remember, sports cars tend to be driven hard, and whilst Honda has a reputation for building bulletproof cars, a comprehensive service record shows the potential buyer of your vehicle that it has been well-maintained and cared for. In spite of the plethora of aftermarket performance modifications, don’t forget that modifications can affect your car’s value, but more on that here.

Do Honda S2000s hold their value?

From our observations, the Honda S2000 has appreciated in value considerably, most notably the AP2, whilst the AP1 has held its value quite well considering it’s over 20 years old in South Africa. This is due to what was mentioned in our previous heading. The retail value for an AP2 S2000 is around the R150 000 mark, whereas the AP1 should be around R100 000.

*Pricing correct at the time of publishing and subject to change without notice

How to increase the value of your Honda S2000

To begin with, you need to ensure that your S2000 is in the best possible condition. Here are a few ways to go about this. The vehicle needs to be properly serviced, replace worn-out components like brakes and tyres and cosmetically, the car needs to be presentable inside and out. It’s better to revert compromising yet performance-enhancing modifications to factory spec, whilst preventative maintenance modifications are acceptable, provided they have been properly installed. Please also wash your S2000 thoroughly once it’s mechanically sound. All of these factors will affect the value of your S2000 and give you the best possible deal when you decide to sell.

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