Honda S2000 AP1 Buying Guide: Iconic Roadster Now US Import-Eligible

As we approach 2025, early examples of the legendary Honda S2000 AP1 are becoming eligible for import to the United States under the 25-year rule. For enthusiasts seeking the purest expression of Honda's high-revving sports car philosophy, these early models represent a unique opportunity. West Coast Shipping presents this comprehensive guide to help you navigate the complexities of acquiring, importing, and enjoying one of Japan's most celebrated roadsters.

Historical Significance & Model Overview

The S2000 Legacy

Introduced in April 1999 to celebrate Honda's 50th anniversary, the S2000 AP1 represents the culmination of Honda's sports car expertise. Distinguished by its high-revving F20C engine, perfect 50:50 weight distribution, and exceptional handling, the S2000 quickly became a benchmark for affordable performance.

Key Features of Early AP1 Models (1999-2000)

• F20C engine: 2.0L DOHC VTEC inline-4 producing 237-247 hp (market dependent)

• 6-speed manual transmission with short-throw shifter

• Torsen limited-slip differential

• Double-wishbone suspension front and rear

• Electric power steering

• Electrically operated soft top

• Digital instrument cluster with F1-inspired design

As noted by automotive historians, the S2000 set a new standard for specific output from a naturally aspirated engine, achieving an impressive 120 hp per liter.

Engine & Drivetrain: The Legendary F20C

2.0L Naturally Aspirated Inline-Four

The heart of the early S2000 AP1 is its celebrated F20C powerplant – a 2.0-liter naturally aspirated inline-four engine producing 237 hp (US-spec) or 247 hp (JDM-spec) at an astounding 8,300 rpm, with redline set at 9,000 rpm.

Key Engine Specifications

• Displacement: 2.0L (1,997cc)

• Configuration: Inline-four

• Valvetrain: DOHC, VTEC (Variable Valve Timing and Lift Electronic Control)

• Compression ratio: 11.0:1 (US), 11.7:1 (JDM)

• Specific output: 120 hp per liter

• Redline: 9,000 rpm

• Fuel system: PGM-FI (Programmed Fuel Injection)

Critical Maintenance Points & Common Issues

While the F20C is renowned for its robustness, S2000 enthusiasts highlight several key areas requiring attention:

1. Valve retainer failure: Early AP1 models can experience valve retainer cracking, particularly when frequently driven at high RPMs.

2. Oil consumption: Some engines develop minor oil consumption as they age. Regular monitoring is essential.

3. TCT (Timing Chain Tensioner): The factory tensioner can develop issues beyond 60,000 miles, creating a characteristic rattle during cold starts.

4. VTEC solenoid gasket: This common leak point should be addressed promptly to prevent oil starvation.

Expert Tip: "The F20C thrives on proper maintenance. Regular oil changes with high-quality synthetic oil, allowing proper warm-up, and avoiding lugging the engine at low RPM are key to longevity."

Transmission & Drivetrain Considerations

The S2000 features a precise 6-speed manual transmission with a short-throw shifter, routing power to the rear wheels through a Torsen limited-slip differential.

Common Transmission Issues:

• Transmission fluid deterioration: Regular changes every 30,000 miles ensure smooth shifting.

• Clutch lifespan: Factory clutches typically last 60,000-80,000 miles under normal use.

Chassis, Suspension & Brakes: Precision Handling

Handling Characteristics

The S2000 features a sophisticated double-wishbone suspension setup at all four corners, providing exceptional handling balance with precise steering feedback.

Critical Inspection Points

When evaluating a potential purchase, pay special attention to these components:

1. Suspension bushings: Factory rubber bushings deteriorate after 20+ years, causing excessive compliance and vague handling.

2. Shock absorbers: Original units commonly leak or lose effectiveness.

3. Brake system: The factory braking system is excellent but benefits from regular fluid changes with high-temperature brake fluid.

4. Wheel bearings: Front and rear bearings typically last 80,000-100,000 miles but should be inspected for noise or play.

Bodywork, Corrosion & Interior Quality

Critical Inspection Points

1. Soft top condition: Check for tears, proper operation, and water leakage. Replacement tops are available but installation is labor-intensive.

2. Drain channels: Soft top drain channels can clog, causing water to enter the cabin and potentially damage electrical components.

3. Accident damage: Given the performance nature of these vehicles, many have experienced accidents or been repaired. Check for even panel gaps and consistent paint finish.

4. Digital display pixels: The digital dashboard can develop missing pixels in the display.

Market Analysis & Investment Potential

Current Valuation Trends

Early S2000 AP1 models have experienced significant appreciation in recent years. According to market data, 2025 valuations for 1999-2000 models typically fall within these ranges:

• Fair condition: $18,000 - $22,000

• Good condition: $25,000 - $30,000

• Excellent condition: $35,000 - $40,000

• Concours condition: $45,000+

Market Factors Influencing Values:

• Originality: Unmodified, factory-original examples fetch 15-25% more than modified vehicles

• Mileage: Low-mileage examples command significant premiums

• Documentation: Complete service history adds 10-15% to valuation

• Color: Certain factory colors like New Formula Red and Silverstone Metallic command slight premiums

For a complete overview of other legendary Japanese sports cars becoming eligible for import in 2025, including the Nissan Silvia S15 and Mazda RX-7 Spirit R, see our comprehensive guide to the JDM import market.

Import Considerations Under 25-Year Rules

As 1999-2000 production S2000s celebrate their 25th anniversary, they now qualify for simplified importation under the 25-year exemption rule in the United States.

When importing your S2000 from Japan, West Coast Shipping's specialized JDM import services ensure your investment arrives safely with all documentation properly handled.

Our enclosed container transport, comprehensive insurance, and expert customs brokerage remove the complexities from international acquisition, allowing you to focus on the joy of ownership.

Conclusion: The Ultimate Japanese Roadster

The early Honda S2000 AP1 represents the purest expression of Honda's sports car philosophy. Its approaching eligibility for simplified importation under the 25-year rule makes 2024-2025 the ideal time for US enthusiasts to acquire these appreciating classics.

For buyers seeking the quintessential Japanese sports car experience, the S2000 delivers engaging performance that transcends mere specifications. While prices have increased steadily, the S2000's legendary F20C engine, exceptional handling, and continued appreciation curve suggest the market has not yet reached its peak.

Ready to import your dream S2000?

 Contact West Coast Shipping today for a personalized quote and expert guidance through every step of the import process.