Similar priced 111R or Honda S2 – which do you reckon would

[da_murphster]

Edit: sorry muffed up title - was mean tot say 'which do you reckon would depreciate more'


I’m considering my options to ‘upgrade’ from my 118bhp S1.

Looking at two cars, both around the £15k mark, the 111R is lower mileage (50k) and newer the honda has nearer 70k on it.

In 3 or so years time which do you reckon would be the more ‘sellable’ car?

I only get away with a toy if I can promise the missis it won’t depreciate like a stone!

Edited by da_murphster on Tuesday 19th October 14:44

[JACK6284]

I think if you want a non-depreciating car then you already have one. I ran my S1 for 18 months and sold it for the same price as i bought it for.

Honda car has a smaller market but is not totally 'original'. Toyota cars are being fazed out now. Higher mileage Elises take time to sell anyway.Sorry don't have a crystal ball.

[da_murphster]

JACK6284 said:

I think if you want a non-depreciating car then you already have one. I ran my S1 for 18 months and sold it for the same price as i bought it for.

Honda car has a smaller market but is not totally 'original'. Toyota cars are being fazed out now. Higher mileage Elises take time to sell anyway.Sorry don't have a crystal ball.

Aware of the strong S1 residuals - but comign from a TVR I miss the overtaking 'grunt' and also I do a large amount of GT style miles and the utter lack of cubby holes etc is fustrating.

I fancy a Honda S2 but not sure if a 'normal' 111R is a more sensible option if I'm watching the pennys.

[kambites]

I would guess that the 111R will be easier to sell because the market for unmodified cars is always bigger than that for modified ones; however, I suspect the Honda will ultimately lose less money.

[drac]

If you really want a gt flavour then the 111R with touring pack and AC would be the ticket.

I've done 700km (440miles) on A Roads in a day in mine, but I did have a very sore arse at the end of it.

[Pum]

I had to consider this exact question earlier this year when I thought 16k would be my budget limit. As far as your specific question is concerned, I would expect the 111R with lower miles and newer than the Honda to depreciate less. Also, the Honda target market when selling is smaller, so would be harder, but not necessarily difficult, to sell. However, decent examples of either, properly looked after, should be pretty good on depreciation.

However, I drove a good £16k 111R and a Honda powered Elise for comparison. For me, absolutely no competition - the Honda knocked the 111R into a cocked hat! I'm the kind of person that will usually ponder and consider this kind of thing from every angle and consideration, but when I test drove the 111R I realised almost immediately that it wasn't what I wanted. I'm not saying that you should get a Honda, but I do recommend you test drive or experience both before you decide.

I realise that financial or matrimonial considerations may be important, but I when I think of the best thing about a car like this, I want it to be the joy of driving, not the depreciation when I eventually sell it.

[Blacklab]

An older car will depreciate less as it's already lost the value, your S1 only proves that.
There may be a smaller market for the modified cars but there are a LOT less of them hence a modified car commanding a greater value.

Test drive them both and you will buy the Honda, it's simply more of the toy you are chasing, it IS in a different league. Also it won't depreciate at all as you won't sell it

[JACK6284]

True story;

I bought a 53 plate S2 Elise 111s converted to a Honda N/A car in June 2009 for £17,500 including a factory hardtop. I sold the hardtop for £650. In July this year I sold the Honda to French man for.....................

£17,500

Going from a TVR to S1 then to S1/S2 Honda conversion (even n/a) and you will have to have the smile surgically removed from your face, if you want to!

[kambites]

As their reliability becomes more well known, I wonder if engine converted cars are going to start drifting up in value as more people consider them.