The debate between AP1 and AP2 is one of the most common topics in S2000 ownership. Both are exceptional cars, but they have meaningfully different characters.
Honda's stated goal with the AP2 was to address feedback that the AP1 was "too tail-happy" for average drivers. The changes were significant:
The AP2's F22C1 is a bored-out version of the F20C — 2.2L vs 2.0L. The net effect:
The F20C's VTEC crossover is one of the most dramatic in any production car — the engine almost doubles in aggression when it hits ~6,000 rpm. The F22C is more linear and tractable but also less theatrical.
Honda revised the AP2's front and rear suspension geometry to reduce oversteer tendency:
Enthusiasts are divided on this. Many AP1 fans feel the AP2 was "de-tuned" to be more approachable at the expense of driving character.
AP1 used 16" wheels; AP2 moved to 17" wheels with wider rear tires (245/40R17 vs 225/50R16). This improves cornering stability but reduces the AP1's somewhat communicative behavior.
Within the AP1, the 2002+ cars received minor revisions. The very early 2000 US-market cars are slightly different to later AP1s.
All-else-equal, clean AP1 examples command a slight premium among purists who prize the F20C. AP2 CRs are the most expensive S2000s overall. Both generations have appreciated substantially from their original MSRPs.
Most experienced S2000 owners who've driven both say the AP1 is the more engaging car at the limit, while the AP2 is more enjoyable on public roads. Neither is the wrong choice — the gap is smaller than forum arguments suggest.
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