Honda Car Forum

I went to Honda a few days ago and once again sat in the new '04 S2000.
I've sat in them before and thought they were cool but very expensive. I
actually sat in the passengers seat and just had to have it. I don't know
why the passenger seat did it. Maybe cause it felt like I was all cramped
like a race car but I loved it. (If I get one I will definately be the one
behind the wheel. No I'm not hiring drivers.)

I was wondering what you guys are paying for insurance on this beast. I
haven't called yet for fear of crushing my dream. Also-what discounts do
you guys have like married-multicar-homeowners-multi line-etc? And who is
your provider? I'm in Washington State. I am single 22 year mail
(ouch-this is gunna hurt I know) with only 1 minor ticket but I just wanted
to compare rates and discounts. I know I can put my girlfriend on the
registration and vice-versa to get multi car and I'll get renters to get
multi line but do you know any other tricks?

I figure I'll lease to get the payment lower and then buy it when the lease
is up and maybe sell it to get some money back. I'm probably going to wait
til they have some special intrest if they offer it on the S2000.

Any info would be helpful and if anyone knows the secret company with cheap
rates please let me know!

Ryan

|I figure I'll lease to get the payment lower and then buy it when the lease
|is up and maybe sell it to get some money back. I'm probably going to wait
|til they have some special intrest if they offer it on the S2000.

If you can't afford to buy it on 48-month loan, then you can't afford it.
Save and do it right rather than buy the car twice.
Rex in Fort Worth

"Ryan" <nothinfun@hotmail.com> spake unto the masses in
news:xN-dnTVJsYe5tdnd4p2dnA@comcast.com:

>
> I figure I'll lease to get the payment lower and then buy it when the
> lease is up and maybe sell it to get some money back.


Have you given consideration to the fact that low lease payments mean a
buyback that may be higher than the value of the car when your lease is up?

--
TeGGeR®

All I know is that my roomate bought an RSX Type S and his payment was 512
after refinancing negative equity at 2.9%. He didn't like the payment so he
went back the next day andleased it for 400/mo for 4 years with the residual
at like 11000 whick will be considerably more than it is worth. He could
have sold it and made money.

Anyway -Buy or lease or whatever. My real question is about insurance.

Ryan

"Tegger®" <teggeratistopdotcom@changetheobvious.invalid> wrote in message
news:Xns94A0A743FCD0Eteggeratistop@207.14.113.17.. .
> "Ryan" <nothinfun@hotmail.com> spake unto the masses in
> news:xN-dnTVJsYe5tdnd4p2dnA@comcast.com:
>
> >
> > I figure I'll lease to get the payment lower and then buy it when the
> > lease is up and maybe sell it to get some money back.
>
>
> Have you given consideration to the fact that low lease payments mean a
> buyback that may be higher than the value of the car when your lease is
up?
>
> --
> TeGGeR®

in article xN-dnTVJsYe5tdnd4p2dnA@comcast.com, Ryan at nothinfun@hotmail.com
wrote on 3/2/04 1:22 AM:

> I went to Honda a few days ago and once again sat in the new '04 S2000.
...................... I loved it.

> I was wondering what you guys are paying for insurance on this beast. I
> haven't called yet for fear of crushing my dream................
I am single 22 year mail
..............
> Ryan
>
>
I'm a 65 year old grandfather, living in a not so densely populated area
in South Carolina. So, my $520 per year for a 2002 S2000, of which $150 is
collision insurance, is fairly far below any rate you are likely to get.
Our other cars carry fairly similar insurance rates, and it is clear that
Allstate does not penalize older drivers with good records for owning a high
performance vehicle. That's about the only advantage of being 65 years old
that I can think of.
The best way to learn more about the S2000 is to drop in on:
http://www.s2ki.com
That is the S2000 International Forum. There is a lot of discussion of
the virtues of the 2004 model vs. the earlier model years with the 9000 rpm
redline. The 2004 S2000 has higher torque but a somewhat lower redline, and
many of the purists do not like it as much.

Thanks!

"Joe and Ruth Levy" <joeandruth@hargray.com> wrote in message
news:BC6B82EE.1CDD2%joeandruth@hargray.com...
> in article xN-dnTVJsYe5tdnd4p2dnA@comcast.com, Ryan at
nothinfun@hotmail.com
> wrote on 3/2/04 1:22 AM:
>
> > I went to Honda a few days ago and once again sat in the new '04 S2000.
> ..................... I loved it.
>
> > I was wondering what you guys are paying for insurance on this beast. I
> > haven't called yet for fear of crushing my dream................
> I am single 22 year mail
> .............
> > Ryan
> >
> >
> I'm a 65 year old grandfather, living in a not so densely populated
area
> in South Carolina. So, my $520 per year for a 2002 S2000, of which $150
is
> collision insurance, is fairly far below any rate you are likely to get.
> Our other cars carry fairly similar insurance rates, and it is clear that
> Allstate does not penalize older drivers with good records for owning a
high
> performance vehicle. That's about the only advantage of being 65 years
old
> that I can think of.
> The best way to learn more about the S2000 is to drop in on:
> http://www.s2ki.com
> That is the S2000 International Forum. There is a lot of discussion
of
> the virtues of the 2004 model vs. the earlier model years with the 9000
rpm
> redline. The 2004 S2000 has higher torque but a somewhat lower redline,
and
> many of the purists do not like it as much.
>

I meant to say that 11000 will be less that the car is worth in 4 years.



"Ryan" <nothinfun@hotmail.com> wrote in message
news:k9ednffUSrI369jdRVn-ug@comcast.com...
> All I know is that my roomate bought an RSX Type S and his payment was 512
> after refinancing negative equity at 2.9%. He didn't like the payment so
he
> went back the next day andleased it for 400/mo for 4 years with the
residual
> at like 11000 whick will be considerably more than it is worth. He could
> have sold it and made money.
>
> Anyway -Buy or lease or whatever. My real question is about insurance.
>
> Ryan
>
> "Tegger®" <teggeratistopdotcom@changetheobvious.invalid> wrote in message
> news:Xns94A0A743FCD0Eteggeratistop@207.14.113.17.. .
> > "Ryan" <nothinfun@hotmail.com> spake unto the masses in
> > news:xN-dnTVJsYe5tdnd4p2dnA@comcast.com:
> >
> > >
> > > I figure I'll lease to get the payment lower and then buy it when the
> > > lease is up and maybe sell it to get some money back.
> >
> >
> > Have you given consideration to the fact that low lease payments mean a
> > buyback that may be higher than the value of the car when your lease is
> up?
> >
> > --
> > TeGGeR®
>
>

Aren't the '04s called "S2200"?

I got my '03 (Pearl Yellow) for only $29k. I got a couple dealers in a price
war. It took a week, but hey...I saved almost $7000.

Anyway, I'm 42 with a perfect record, and live in the burbs. My S is also my
"second" car on the policy, so I think its going to be hard to compare me
and you.

I pay $69.00 per month.

Good luck.

--
-Netsock

"It's just about going fast...that's all..."
http://home.insight.rr.com/cgreen/
"Ryan" <nothinfun@hotmail.com> wrote in message
news:xN-dnTVJsYe5tdnd4p2dnA@comcast.com...
> I went to Honda a few days ago and once again sat in the new '04 S2000.
> I've sat in them before and thought they were cool but very expensive. I
> actually sat in the passengers seat and just had to have it. I don't know
> why the passenger seat did it. Maybe cause it felt like I was all cramped
> like a race car but I loved it. (If I get one I will definately be the
one
> behind the wheel. No I'm not hiring drivers.)
>
> I was wondering what you guys are paying for insurance on this beast. I
> haven't called yet for fear of crushing my dream. Also-what discounts do
> you guys have like married-multicar-homeowners-multi line-etc? And who is
> your provider? I'm in Washington State. I am single 22 year mail
> (ouch-this is gunna hurt I know) with only 1 minor ticket but I just
wanted
> to compare rates and discounts. I know I can put my girlfriend on the
> registration and vice-versa to get multi car and I'll get renters to get
> multi line but do you know any other tricks?
>
> I figure I'll lease to get the payment lower and then buy it when the
lease
> is up and maybe sell it to get some money back. I'm probably going to
wait
> til they have some special intrest if they offer it on the S2000.
>
> Any info would be helpful and if anyone knows the secret company with
cheap
> rates please let me know!
>
> Ryan
>
>

If you are thinking about lease, consider the higher insurance costs of
having to carry 100/300/50 liability limits as opposed to whatever liability
coverage you may have now. Also consider the mileage limitation imposed on
the lease.....many bargain leases have a 10,000 mi/yr limitation.
Realistically, consider buying a used S2000 versus leasing abrand new one.
Insurance costs will also be much higher as this is considered a sports car
for rating purposes.


"Ryan" <nothinfun@hotmail.com> wrote in message
news:xN-dnTVJsYe5tdnd4p2dnA@comcast.com...
> I went to Honda a few days ago and once again sat in the new '04 S2000.
> I've sat in them before and thought they were cool but very expensive. I
> actually sat in the passengers seat and just had to have it. I don't know
> why the passenger seat did it. Maybe cause it felt like I was all cramped
> like a race car but I loved it. (If I get one I will definately be the
one
> behind the wheel. No I'm not hiring drivers.)
>
> I was wondering what you guys are paying for insurance on this beast. I
> haven't called yet for fear of crushing my dream. Also-what discounts do
> you guys have like married-multicar-homeowners-multi line-etc? And who is
> your provider? I'm in Washington State. I am single 22 year mail
> (ouch-this is gunna hurt I know) with only 1 minor ticket but I just
wanted
> to compare rates and discounts. I know I can put my girlfriend on the
> registration and vice-versa to get multi car and I'll get renters to get
> multi line but do you know any other tricks?
>
> I figure I'll lease to get the payment lower and then buy it when the
lease
> is up and maybe sell it to get some money back. I'm probably going to
wait
> til they have some special intrest if they offer it on the S2000.
>
> Any info would be helpful and if anyone knows the secret company with
cheap
> rates please let me know!
>
> Ryan
>
>

Just start calling around for quotes. I have Progressive, and for me
anyway no other company has been able to beat their rates. I am 26
y/o male. BTW I don't have an S2000, I have a new Accord coupe, but
I've checked rates on other cars with Progressive and they were quite
reasonable to insure also.

Your mileage may vary.

"Ryan" <nothinfun@hotmail.com> wrote in message news:<xN-dnTVJsYe5tdnd4p2dnA@comcast.com>...
> I went to Honda a few days ago and once again sat in the new '04 S2000.
> I've sat in them before and thought they were cool but very expensive. I
> actually sat in the passengers seat and just had to have it. I don't know
> why the passenger seat did it. Maybe cause it felt like I was all cramped
> like a race car but I loved it. (If I get one I will definately be the one
> behind the wheel. No I'm not hiring drivers.)
>
> I was wondering what you guys are paying for insurance on this beast. I
> haven't called yet for fear of crushing my dream. Also-what discounts do
> you guys have like married-multicar-homeowners-multi line-etc? And who is
> your provider? I'm in Washington State. I am single 22 year mail
> (ouch-this is gunna hurt I know) with only 1 minor ticket but I just wanted
> to compare rates and discounts. I know I can put my girlfriend on the
> registration and vice-versa to get multi car and I'll get renters to get
> multi line but do you know any other tricks?
>
> I figure I'll lease to get the payment lower and then buy it when the lease
> is up and maybe sell it to get some money back. I'm probably going to wait
> til they have some special intrest if they offer it on the S2000.
>
> Any info would be helpful and if anyone knows the secret company with cheap
> rates please let me know!
>
> Ryan