Quote:
Originally Posted by thill
But he does have a point to a degree. A base Subaru STI brand new in 2005 was $32,030. A base STI in 2015 is $35,290. If you were to use an inflation calculator the 2015 STI should be $40,224.
At any rate I thought most of his post was spot on. Consider the engine in the S2K. That thing is still one of the most reliable engines on the road and S2K's, in general, are pretty bulletproof and inexpensive to maintain.
They were a bargain then and they are a bargain now used.
As a car enthusiast I would definitely be excited for a modern S2K as long as Honda does it right. Honda has new leadership and they have openly stated that they want to make exciting cars again and cater more towards a younger audience. About time. I like Honda products, my wife has driven them for well over 10 years now and they are uber reliable and great everyday vehicles.
Bring it on Honda.
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Actually I didn't weigh in on whether I thought the S2000 was overpriced or not. Reason being it's almost always purely subjective. It will come down to how much you value the unique qualities of the car.
FWIW I think the S2000 was a fairly good value at the time, especially at the discounted prices dealers were selling them at, but the second-hand market seems overinflated now. That's just my opinion. I could understand if someone else (for example, someone who loved the thought of a 9000 RPM redline and wanted a used convertible, and didn't mind the meager low-end torque or barebones/tight cabin) thought they were great values today. Like I said, value propositions are nearly always subjective so I don't think these debates ever go anywhere.
Re. the STI, Subaru has been using the same engine in that car since 2004, so I'm not surprised its price has dropped relative to inflation. Similarly Nissan hasn't updated the 370z since 2009 and its price has dropped relative to inflation as well. Cars that get updated probably tend to track closer to inflation. 2006 Camry XLE V6 was $31,080 inflation-adjusted. It's $31,370 today. From a marketing perspective, it's probably more a matter of targeting a specific segment of buyers whose average disposable income has been increasing over time (i.e., inflation).