Honda AP2 S2000
The AP2 S2000 refined Honda's iconic roadster with a larger, more torque-rich 2.2L engine, making it a highly desirable modern classic known for its incredible driving dynamics and rapidly appreciating values.
Find one with Spotter →Honda AP2 S2000 sold for a median of $36,000 over the last 12 months, based on 148 auction sales; the middle 50% sold between $29,000 and $42,069. 835 currently for sale.
The Honda S2000's second act, the AP2, arrived in North America for the 2004 model year. It featured a host of refinements over the original AP1, most notably a new 2.2-liter F22C1 engine. This larger engine lowered the redline from a screaming 8,900 rpm to a still-high 8,000 rpm, but it delivered a welcome boost in mid-range torque. Honda also revised the suspension geometry, tweaked the gear ratios, and updated the front and rear styling to give the car a more modern look.
The S2000 is a collector favorite because it represents a high point for analog Japanese sports cars. It combines a legendary high-revving VTEC engine, a world-class 6-speed manual gearbox, and a perfectly balanced rear-drive chassis. The AP2 is particularly prized for its more usable powerband, which makes it a slightly better all-around car than the peakier AP1. The ultimate AP2 is the Club Racer (CR) model, a stripped-down, track-focused variant produced in very limited numbers for 2008-2009.
S2000 values have climbed steadily over the past decade, turning well-kept examples into legitimate collector assets. The average sale price hovers around $36,000, but the market's ceiling is far higher. Exceptional, low-mileage cars regularly sell for over $60,000, while the rarest S2000 CRs have achieved prices approaching $200,000. This is a mature market where originality and condition are everything.
Buying Tips
- Check all body panels for the factory-applied VIN stickers. Missing stickers on fenders, the hood, or bumpers are a clear sign of replacement and a likely accident history.
- Inspect the convertible soft top carefully for tears or rips, particularly at the common wear spots above the side windows. A replacement top can cost over $1,500 installed.
- The F22C1 engine is reliable, but check for excessive oil consumption. Ask the owner about oil top-offs and look for blue smoke from the exhaust during startup and hard acceleration.
- During the test drive, shift through all gears to feel for grinding, which could indicate worn synchronizers. Some clutch buzz around 3,000 rpm is normal, but excessive noise could be a problem.
- Look for signs of hard track use. Heavily modified cars or cars that have been returned to stock may have lived a difficult life. Check for aftermarket suspension, brakes, or drilled holes in the interior from removed equipment.
Prices range from $11,000 for high-mileage project cars to $200,000 for concours-quality, low-mileage S2000 CR models.
3,018 Honda AP2 S2000 vehicles have been tracked across auctions and listings on Hypercars, with 835 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
Frequently Asked Questions
How much does a Honda AP2 S2000 cost?
Over the last 12 months, Honda AP2 S2000 sold for a median of $36,000 across 148 auction sales tracked on Hypercars; the middle 50% sold between $29,000 and $42,069. There are 835 currently for sale.
How many Honda AP2 S2000 listings are for sale right now?
There are 835 Honda AP2 S2000 listings currently live across auctions, dealers, and marketplaces tracked by Hypercars.