I would do it, given the circumstance.
I'm a car guy myself and do understand where you're coming from. I was in a similar situation a couple years back. In short, I financed a 1994 Toyota Supra with 57K miles in original condition for 32K; I didn't have that kind cash lying around. Financed for 60 months 1.99% through Lighstream, though I paid it off in January. The MKIV Supra market has appreciated A LOT since then and I do see the S2000 doing the same.
Of course we cannot tell the future, but the S2000 is a unique car. It's a hell of a car for the money and production numbers were fairly low. What other motor out there can rev to 9,000 rpm and have Honda reliability below 100K? There's a ton of young Honda enthusiasts out there that will drive the demand up.
If you can get a low interest rate, I would do it (check out Lightstream.com). Life is short.
- Richard
I think you may be in the wrong forum. Also, it's not like half the current decent S2000s will be gone in two more years...Or even five to ten years. You yourself bought a much older rare-ish car. There will always be more S2000s.
lol really ? Tell that to mustang / Camaro / bell air / fuck any classic muscle car when they dumped them when gas shot up in the 70s
I can't tell you how many stories I've heard from people over the years who are of that age group who regret selling that "gto,mustang,vette" etc and buying a econobox back then.
It's the same thing here with the s2000, supra, rx7, nsx, skyline, etc take your pic of pre bubble Japanese engineering.
They will be gaining in value for some years to come as my generation and the generation after me pines for them.
I may not know crap about the stock market but I do know my cars.
Still doesn't mean I'm going to pull the trigger on one (for now at least). I think for me I'm going to get myself a bit more squared away financially and revist this topic in a year or two. Hopefully s2000's will be in my price range and not impossible to find - ala mkiv supra turbo, fd rx7 (to an extent - rotary reliability is a gift/curse lol) , sw20 mr2.