Is the Honda S2000 a good investment?

The thesis

The S2000 is the last naturally aspirated, high-revving Honda roadster, with the F20C 2.0L delivering 237bhp and a 9,000rpm redline (AP1). Unmodified, low-mileage examples are already rising in value, driven by millennial and Gen Z demand. UK median auction prices sit at £24.5k–£25k, with clean AP2 (2004–2009) examples commanding £13k–£16.5k and pristine AP1s reaching £23k+. Hagerty and multiple sources confirm consistent appreciation post-2021 peak, but values have stabilised over the past 4–5 years, suggesting the car is mid-cycle. Originality and rust-free condition are paramount.