Is the Honda S2000 a good investment?

The thesis

The S2000 market has appreciated steadily since 2020 but remains early-to-mid cycle because ~4,300 remain on UK roads and circa 53% are modified or neglected, shrinking the pool of desirable stock. At median £24,500 it sits inside the budget, offers genuine driving reward (9,000-rpm naturally aspirated F20C/F22C, 50/50 weight, Honda reliability), and is now crossing from 'affordable sports car' to 'collectable modern classic.' The recent data shows strong demand among younger buyers ensuring long-term liquidity, and prices have not declined—only moderated—from peak growth. However this is not a virgin opportunity: well-sorted examples have already moved from £10k to mid-twenties since 2018, so upside is calibrated not explosive.