Honda S2000 CR (AP2) Market Analysis — August 2026
Executive Summary
The current market for the Honda S2000 CR (AP2) is characterized by a limited inventory and fluctuating prices, with a median asking price of $56,950. The market shows insufficient data for a clear year-over-year price change percentage, indicating potential volatility. An actionable insight is to monitor the auction outcomes closely, as they reveal buyer sentiment and seller expectations.
Market Snapshot
- Current inventory: 11 active listings
- Median asking price: $56,950 (historical median: $66,000)
- Price trend: Insufficient data (YoY price change: N/A)
- Market velocity: 118 days average time on market
PRICE TRENDS & APPRECIATION
Analyzing the quarterly trends, the market appears to be experiencing fluctuations in pricing. For instance, in 2024-Q3, the median price spiked to $122,250, followed by a decline to $59,500 in 2025-Q4. The most recent quarter, 2026-Q1, shows a median price of $55,000, suggesting a downward trend in prices over the last few quarters. The average price in 2026-Q1 was $74,196, indicating that while some listings are priced higher, actual sales are occurring at lower price points.
Auction Market Dynamics
The sell-through rate stands at 86.9%, indicating a healthy market where most auctions result in sales. However, the median price for sold vehicles is $68,000, compared to a median high bid of $53,916. This gap suggests that sellers may have unrealistic expectations, as buyers are willing to pay significantly less than the asking prices. The ratio of sold to high bid indicates a strong buyer resistance at higher price points, which may require sellers to adjust their expectations.
Configuration Value Guide
The body style breakdown shows that all active listings are Convertibles, with a median asking price of $56,950. The price by year indicates that the 2008 model, which comprises all active listings, has an average price of $64,363 and a median price of $56,950. This suggests that the 2008 model holds value consistently, but the lack of other configurations limits a broader analysis of configuration premiums.
Mileage Impact
Mileage analysis reveals that vehicles with under 50,000 miles command an average price of $79,672, while those with 50,000 to 100,000 miles average $52,026. The single vehicle with over 100,000 miles sold for $49,500. This indicates a premium of approximately $27,646 for low-mileage vehicles, highlighting the importance of mileage in pricing.
Regional Pricing
The geographic distribution shows that the average price for listings in the South is $57,149, while the Midwest and West have lower averages of $48,190 and $49,500, respectively. The "Unknown" region has the highest average price at $76,341, suggesting that buyers may be willing to pay a premium for vehicles with less transparent histories or locations.
Market Health Indicators
The average days on market is 118, with a median of 168 days, indicating that listings are not selling quickly. The presence of three listings with price reductions suggests soft demand in the current market. Additionally, no new listings were reported this week, indicating a potential supply issue that could affect future pricing.
Investment Outlook
Given the insufficient data for year-over-year price changes and the observed fluctuations in quarterly trends, the outlook for the Honda S2000 CR (AP2) remains uncertain. While the vehicle has historical value, the current market dynamics suggest a cautious approach. Potential investors should monitor auction outcomes and pricing trends closely.
Buying Recommendations
For potential buyers, focusing on vehicles with lower mileage (under 50,000 miles) is advisable, as they command significantly higher prices. Targeting listings around $50,000 to $60,000 may yield better value, especially given the recent sales data. Buyers should also be prepared for negotiations, as the auction data indicates a reserve gap that may allow for lower bids than the asking prices.
This analysis is generated from CarSearch.Pro's market database (63 historical sales, 11 active listings across 14 marketplaces) and refreshed automatically. It is market commentary, not financial advice.