Here's why a used Honda sports car sold for record $200,000

Rare S2000 considered a holy grail collector car

Everyone knows used Hondas hold their value, but this is ridiculous.

A 2009 Honda S2000 sports car has been auctioned on the Bring a Trailer website for $200,000, setting an all-time record for the model.

The S2000 Club Racer is a track-focused version of the sports car. (Honda)

The yellow and black car wasn't a run-of-the-mill S2000, however. It was a rare, limited edition Club Racer model with just 123 miles on the odometer.

The car had just 123 miles on the odometer at the time of the auction. (Bring a Trailer)

The Club Racer is a track-focused version of the S2000 with a 237 hp four-cylinder engine, a modified chassis and bodywork, plus other updates to improve its performance.

The S2000 Club Racer is powered by a 237 hp 2.0-liter four-cylinder engine. (Bring a Trailer)

The car was offered for sale by Graham Rahal Performance, which is owned by the IndyCar driver of the same name. It had a single owner in Florida before it was recently acquired by the sports car dealer.

Forty-one bids were placed on what enthusiasts of the model consider a holy grail example before the auctioned ended with the $200,000 bid.

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The next highest price paid for an S2000 at a public auction is believed to be in the $125,000 range.

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