Honda S2000

Honda S2000: Decoding the Price Spectrum of a Modern Classic

The Honda S2000 is a legendary sports car that has captured the hearts of driving enthusiasts since its introduction in 1999. Produced until 2009, this rear-wheel-drive roadster has become a highly sought-after modern classic, known for its high-revving naturally aspirated engine, precise handling, and timeless design.

Honda S2000 AP1 (1999-2003)

The first generation of the S2000, known as the AP1, featured:

  • Engine: 2.0L DOHC VTEC inline-4 (F20C)
  • Power output: 237-247 hp (depending on market)
  • Redline: 8,800 rpm (9,000 rpm in some markets)
  • Transmission: 6-speed manual
  • Notable features: 50:50 weight distribution, electric power steering, limited-slip differential

Honda S2000 AP2 (2004-2009)

The updated AP2 version brought several refinements:

  • Engine: 2.2L DOHC VTEC inline-4 (F22C1) in most markets
  • Power output: 237-240 hp
  • Redline: Lowered to 8,000 rpm for improved low-end torque
  • Revised suspension geometry for improved handling
  • Updated styling with new front and rear bumpers, new LED tail lights

Throughout its production run, Honda released several special editions, including:

  • Type V (Japan only, featuring variable gear ratio steering)
  • Type S (Japan only, with revised suspension and styling)
  • CR (Club Racer) Edition (US only, lighter weight and track-focused)

Interesting facts about the Honda S2000:

  • At its launch, the S2000's F20C engine had the highest specific output of any naturally aspirated production car engine
  • The car was initially introduced as a concept car at the 1995 Tokyo Motor Show
  • The S2000 name pays homage to Honda's S500, S600, and S800 roadsters of the 1960s
  • Despite being out of production for over a decade, the S2000 maintains a strong following and active aftermarket support

The Honda S2000's combination of high-revving performance, precise handling, and reliability has cemented its status as a modern classic. Its limited production numbers and dedicated fan base have contributed to its strong value retention in the used car market.

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As the Honda S2000 ended production in 2009, all examples on the market today are pre-owned. The cost of a Honda S2000 can vary significantly based on factors such as age, mileage, condition, and market demand. As of 2024, the price range for a Honda S2000 in Europe generally falls between €20,000 and €70,000.

Here are some examples of Honda S2000 pricing:

  • Early AP1 models (1999-2003) in good condition typically range from €20,000 to €35,000
  • Later AP2 models (2004-2009) in excellent condition usually fetch between €30,000 and €50,000
  • Low-mileage, exceptionally well-preserved examples or rare editions like the CR can command prices from €50,000 to €70,000 or even higher

It's important to note that prices can vary significantly between different European countries due to local market conditions, availability, and the car's cult status among enthusiasts. The S2000's reputation as a future classic has led to increasing values for well-maintained examples.

When considering the cost of a Honda S2000, potential buyers should also factor in:

  • Maintenance costs, which can be higher than average due to the car's performance nature
  • Potential for appreciation, as many automotive experts consider the S2000 a collectible
  • Insurance costs, which may be higher due to the car's sports car status and increasing values

The Honda S2000's enduring popularity and limited production numbers contribute to its strong value retention, making it not just a thrilling sports car but potentially a sound investment for enthusiasts.

As the Honda S2000 ended production in 2009, new models are no longer available for purchase. The last new S2000s were sold in 2009, with prices ranging from approximately €35,000 to €45,000, depending on the trim level and market.

While new Honda S2000s are not available, there have been persistent rumors and wishful thinking among enthusiasts about a potential successor or revival of the S2000 nameplate. However, as of 2024, Honda has not officially announced any plans to reintroduce the S2000 or a similar sports car to its lineup.

For those seeking a 'new' S2000 experience, the closest options available are:

  • Purchasing a low-mileage, exceptionally well-preserved used S2000, which can cost between €50,000 and €70,000 or more
  • Considering other new sports cars in Honda's current lineup, such as the Civic Type R, which offers high performance in a different package
  • Exploring other brands' offerings in the compact sports car segment, though few match the S2000's unique characteristics

It's worth noting that due to the S2000's cult status and appreciating values, some specialty shops and restomodders offer extensively refurbished or upgraded S2000s. These 'like-new' builds can sometimes exceed €100,000, reflecting the car's desirability and the extensive work involved in bringing an older vehicle to as-new or better-than-new condition.

For enthusiasts keen on the S2000 experience, the used market remains the only option. When considering a used S2000, it's crucial to factor in the car's condition, maintenance history, and potential for future value appreciation.

The cost of a used Honda S2000 can vary widely based on factors such as age, mileage, condition, and market demand. As all S2000s are now considered used vehicles, this encompasses the entire market for these cars. Here's an overview of used Honda S2000 pricing in Europe as of 2024:

  • Early AP1 models (1999-2003):
    • Fair to good condition: €15,000 to €25,000
    • Excellent condition: €25,000 to €35,000
    • Exceptional, low-mileage examples: €35,000 to €50,000+
  • Later AP2 models (2004-2009):
    • Fair to good condition: €20,000 to €30,000
    • Excellent condition: €30,000 to €45,000
    • Exceptional, low-mileage examples: €45,000 to €60,000+
  • Special editions (e.g., CR, Type S):
    • Prices can range from €50,000 to €80,000 or more, depending on rarity and condition

The price of a used Honda S2000 is influenced by several factors:

  • Mileage: Lower mileage examples command significantly higher prices
  • Condition: Well-maintained, original cars are highly valued
  • History: Documented service history and fewer owners generally increase value
  • Modifications: While some tasteful modifications can add value, original, unmodified cars often command the highest prices
  • Color: Certain colors (like Spa Yellow or New Formula Red) may be more desirable
  • Version: AP2 models are generally priced higher than AP1s, with special editions commanding premiums
  • Location: Prices can vary by country due to local market conditions and S2000 popularity

It's important to note that the Honda S2000 market has seen appreciation in recent years, with well-preserved examples increasingly viewed as collectibles. This trend has led to rising prices, especially for low-mileage, original condition cars.

When considering a used S2000, potential buyers should also factor in:

  • Maintenance costs: While generally reliable, S2000s require attentive maintenance, and some components can be expensive to replace
  • Insurance: Due to the car's performance nature and increasing values, insurance costs can be higher than average
  • Potential for appreciation: Many automotive experts consider the S2000 a modern classic with potential for further value increases

Given the S2000's status and the varying conditions of available cars, it's crucial to thoroughly inspect any potential purchase and consider having a marque specialist evaluate the vehicle before buying.