Honda Civic Type-R Over sticker dealer naughty list.

FK_8

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still trying to find one in cali for slight mark up :wave:
Roseville Honda (if i remember right, i talked to a bunch) has $5K markup... lowest i've come across in California.



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wmo168

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Roseville Honda (if i remember right, i talked to a bunch) has $5K markup... lowest i've come across in California.
Did Honda sent a memo to all dealers now? Looks like EVERYONE is at least $5k above, I have call and ask all those dealers either MSRP @ 2 years wait list or $5k above MSRP. even on the one coming in the future...

The one who use to sell for MSRP, $2k over, $3k over $4k over are selling at $5k now...
 

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Roseville Honda (if i remember right, i talked to a bunch) has $5K markup... lowest i've come across in California.
Thanks but it's so far away :(

Did Honda sent a memo to all dealers now? Looks like EVERYONE is at least $5k above, I have call and ask all those dealers either MSRP @ 2 years wait list or $5k above MSRP. even on the one coming in the future...

The one who use to sell for MSRP, $2k over, $3k over $4k over are selling at $5k now...
I think it's more like the dealer noticed how much some dealers were able to sell them for so they want in on some of that profit.
 

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I think it's going to be interesting to see what happens to the prices in the coming months.. with the second and third waves coming in, there will definitely be an increase in supply. I know there are a lot of people still chasing down MSRP.. my guess is the price will settle somewhere between 2-5K over MSRP.

As long as dealers are still getting routine calls and visits from customers who want the car for MSRP, they will know there is still high demand for the car..
 

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I think it's going to be interesting to see what happens to the prices in the coming months.. with the second and third waves coming in, there will definitely be an increase in supply. I know there are a lot of people still chasing down MSRP.. my guess is the price will settle somewhere between 2-5K over MSRP.

As long as dealers are still getting routine calls and visits from customers who want the car for MSRP, they will know there is still high demand for the car..
The only problem here is that dealers won't actually be selling any of their marked up cars when people keep calling and laughing while hanging up. If people stop giving in to dealers that mark up the car then dealers won't be able to sell them at over MSRP.
 

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Perhaps all or most of the ones willing to pay ADM have already gotten their cars and the ones not willing are waiting for the dealers to budge to drop it down to MSRP?
This is surely happening or will happen. It's just a question of how long the dealers are willing to hold out before lowering their asking prices.
 

zroger73

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The only problem here is that dealers won't actually be selling any of their marked up cars when people keep calling and laughing while hanging up. If people stop giving in to dealers that mark up the car then dealers won't be able to sell them at over MSRP.
Yes! This is all so incredibly simple. I don't understand why some people want to make it complex.

A US dealer has every right to ask $100,000 for a Type R if they think they can get it. I don't understand why some people are insulted when a business tries to make money - that's the fundamental reason they exist!

NO dealer is forcing ANYONE to pay too much - every buyer must agree to the purchase price. If they don't, there is no deal and they go home. It's that easy.

THE FAIR PRICE FOR A TYPE R IS WHATEVER BUYERS ARE WILLING TO PAY.

So far, most buyers have been paying $5K to $15K over MSRP, so the dealer have no incentive to sell for anything less. There are a few possible outcomes:

1) The number of shoppers willing to pay ADM will decrease which will ultimate drive down prices, but this will take several weeks to a few months at minimum. We're talking about a very small number of cars here (relative to the number of Accords, CR-Vs, and Civics they sell), so dealers can afford to be very patient. All they pay a little bit of interest, insurance, and tax for the vehicle to sit there and draw attention - that's VERY cheap advertising!

2) Honda can't make enough Type Rs to meet demand, which keeps prices as high as the market will withstand.

3) Everyone who wants and can afford a Type R buys one causing demand to drop at which point Honda will simply cut back on the number they build to prevent an inventory glut and slashed prices.

Surely, you all don't think Honda will keep churning out hundreds of Type Rs each week on a perpetual basis only for them to accumulate on dealer lots by the dozen?

Let's not kid ourselves - this is a specialized car. It is not suitable or intended as a daily driver for the masses in its stock form - that's what the Si is for.

A dealer makes more profit off a few Accord sales in one week than they will make off one Type R sale including ADM.
Making $10K to $20K profit off the sale of a Type R is NOTHING to a dealer - especially for a vehicle they may only get a small number of. They'd much rather sell a dozen Accords each month than one Type R.

The value of a Type R isn't the car itself - it's the attention it draws. When the attention fades, dealers won't have any incentive to hang on to them as centerpieces - they'd rather move them off the lot when they are no longer economical as advertising centerpieces.
 

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The only problem here is that dealers won't actually be selling any of their marked up cars when people keep calling and laughing while hanging up. If people stop giving in to dealers that mark up the car then dealers won't be able to sell them at over MSRP.
Yep, that's why I'm guessing it will settle somewhere around $2-5K over. You have a large number of buyers who want to pay MSRP, and still a fewer number of available cars, and even fewer (if anyone?) left who are willing to pay the exorbitant markups of 10-20K. If you are really a fan of the Type R, its hard to pass up if you "only" have to pay an extra $2,000. For me, that number was $1,500 :)
 

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Even if im able to get one for MSRP out of state, with plane fare going there & back to purchase the car, shipping it back to Cali, time lost from work doing all these plus "maybe" waiting on other DMV transfer papers and procedures, $3-$4K is my number.

Or ... wait it out.
 

TypeRguru

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I think it's going to be interesting to see what happens to the prices in the coming months.. with the second and third waves coming in, there will definitely be an increase in supply. I know there are a lot of people still chasing down MSRP.. my guess is the price will settle somewhere between 2-5K over MSRP.

As long as dealers are still getting routine calls and visits from customers who want the car for MSRP, they will know there is still high demand for the car..
It doesn't matter about future waves since most of those are already presold. What matters is supply vs. demand and if you check on eBay the same cars may be cycling thru but the actual number has been dropping. I don't see any break in ADM's anytime soon. I read about people willing to wait for 2 years which is crazy. Just check Shelby GT350R's that are still $25K over for used 2016's. Supply and demand.
 

OldPirate

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I'll pay a dealer with ADM for a CTR..............One Dollar over so they can walk over and get a fountain soda with that dollar.:rolleyes:
 

FK8 Twigs

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It doesn't matter about future waves since most of those are already presold. What matters is supply vs. demand and if you check on eBay the same cars may be cycling thru but the actual number has been dropping. I don't see any break in ADM's anytime soon. I read about people willing to wait for 2 years which is crazy. Just check Shelby GT350R's that are still $25K over for used 2016's. Supply and demand.
How did you determine 'most' are pre-sold, and what constitutes 'most'?
Future waves of cars will increase the supply (in fact, this is the only way the supply increases, short of the used market), the speculation is whether it will be enough to meet the demand to the extent that prices come down..
 

TypeRguru

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How did you determine 'most' are pre-sold, and what constitutes 'most'?
Future waves of cars will increase the supply (in fact, this is the only way the supply increases, short of the used market), the speculation is whether it will be enough to meet the demand to the extent that prices come down..
Only on rare occasions would one of these cars come in that wasn't already sold to the first guy on a waiting list or quickly there after. Unless the dealer wants a huge markup in which case the car sits at the dealership. I'm seeing most of the markups on the used car market. I personally know a dealer in Indiana and offered me a red one at sticker and I turned it down since I didn't want red . The same dealer has a used one on eBay right now with 1000 miles for 8000 over. Go figure
 

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My type r is going up for sale for charity. The buyer will receive a thank you letter from our 501c3 (white stag youth leadership program) with the receipt of purchase and the federal tax id #. Great opportunity if you want a tax write off. Specifics are: grey color, serial#735, 28 actual miles (purchased from dealership with 24), immaculate condition, and you know the rest. We would love to get $50K to help build a new dining hall at camp. Thanks!
 

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It doesn't matter about future waves since most of those are already presold. What matters is supply vs. demand and if you check on eBay the same cars may be cycling thru but the actual number has been dropping. I don't see any break in ADM's anytime soon. I read about people willing to wait for 2 years which is crazy. Just check Shelby GT350R's that are still $25K over for used 2016's. Supply and demand.
This is wrong because it doesn't account for the fact that all of the people on the waiting lists are waiting for MSRP.

What we have here are two distinct markets:
1. People willing to pay markups because they want the car badly enough, or have the disposable income enough that they don't care. This market is dwindling because these type of people are all early adopters and this represents a smaller percentage of the overall market to begin with. The obvious sign that this market is dwindling is that cars are starting to sit on dealer lots longer, even though markups in general are going down ($15k was the norm, now it's $5k-10k).
2. People willing to wait to pay MSRP. This market will get fulfilled over time as production continues. Once dealers see that cars are sitting longer (as the first group dwindles) ADM will start to go away.

I agree that some dealers are keeping cars on hand just for publicity and foot traffic, but I think it's a small amount. As was also mentioned, even $15k in markup represents a drop in the bucket to a high-volume dealer. Therefore, I think that for the most part, the dealers who want a Type-R for publicity only are the ones who have said explicitly that they are holding the car for a period.
 

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