Almost 20-year-old Honda S2000 sells for more than new price
There was a lot of hype surrounding the Honda Integra Type-R when a 1997 example with 2,000 km on the clock sold for a whopping US$63,800 (Dhs 234,000) at auction. Just before that, a similar car with a mileage of almost 100,000 km sold for US$40,750 (Dhs 150,000). And those weren’t even Honda’s most special models, so it was only a matter of time before the S2000 got some attention. A first-year “AP1” model with less than 1,600 km was just sold for US$48,000 (Dhs 176,400) in the United States.
The car in question is a red 1999 stored in a dealership’s collection for the first 13 years of its life. The dealership was sold off, and the car was bought by someone in 2013, who put the aforementioned mileage on it before putting it up for sale now. The car is in like-new shape, which is why the price is so high. A new one cost Dhs 130,000 in Dubai a decade ago.
Just over 110,000 S2000 models were built between 1999 and 2009. It’s not a small number, but with their increasing rarity in stock or unmolested form, the little high-revving roadster has always held its value well ever since it went out of production, with no modern rivals even coming close to its fun factor. We still keep one around for our personal pleasure.
These prices also show a growing love for 1990s Japanese sports cars, most of which were discontinued by the early 2000s to make way for less-exciting replacements, as kids who were interested in them back then now have the money to buy them.