The FL5 Dealer ADM Markup Thread

[Doublestack00]

Just called them and it's now 10k markup, no deposit. First come first serve.

They all keep saying "first come first serve" like people are lining up, lol. Must not be if dealers keep calling.

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[WeudS]

Coggins Honda of Orlando told me $5k for their Rallye Red

If I didn't already buy, I'd snap that up so quick.

 

[daazn]

They all keep saying "first come first serve" like people are lining up, lol. Must not be if dealers keep calling.

I just laughed and told him ok dude. No need for me to fly down there for a bad deal

 

[Rhorn]

Don't bother with Coggins Honda. Unless you literally stalk the dealership and got a lead you arent getting it. I was actually first on the list and in contact with the sales guy who manages the CTR. He is going down the list of people who called and giving them the down low on when the car will arrive so they can get it.

Also the markup isn't $5k. I spoke with the sales manager, he told me it would be $10k over.

 

[whotcanudo]

Went in to Diamond Honda in Puente Hills, CA to check out the car in person. They have a boost blue for 20k over for anyone that's wondering. Sales rep told me they've gotten offers for 15-17k over. When I asked why didn't they take those offers, he mentioned they want to keep the prices high for such a "rare car".

 

[think3mm]

It's definitely quite fair; iirc they even include some options (I forget which). It's tempting but I still enjoy my fk8 for now.

If I didn't already buy, I'd snap that up so quick.

 

[endolp]

I've gotten a lot of helpful information from this thread, and now that I've made a ton of phonecalls myself over the past few weeks, I figured it might be useful to other people in Texas/the South just generally if I shared my spreadsheet (since I will most likely be waiting for a few months before I pull the trigger on an FL5):

Dealership	Location	Color	Status	ADM
Vandergriff Honda	Arlington, TX	Championship White	AVAILABLE (in-transit)	$20k
Ken Garff	Salt Lake City, UT	Championship White	Waitlist (1 person currently) for next allocation	$10k
First Texas Honda	Austin, TX	Championship White	"over a year-long waitlist"; didn't even tell me a price
Burleson Honda	Burleson, TX	Pearl Gray	Waitlist for next allocation	$10k
Team Gillman Honda North	Houston, TX	Championship White	AVAILABLE; "lots of offers", apparently	$20k
Mike Smith Honda	Beaumont, TX	Championship White	Already sold
Fernandez Honda	San Antonio, TX	Championship White	Taking offers; planning on selling to highest bidder next month
Schomp Honda	Denver, CO	Championship White	"12 people in line"
Grapevine Honda	Dallas-Fort Worth, TX	Pearl Gray	Receiving a new allocation next month	$10k
Honda of Denton	Denton, TX	Pearl Gray	AVAILABLE	$20k
Sames Honda	Laredo, TX	Pearl Gray	AVAILABLE	$15k
Howdy Honda	Austin, TX	Pearl Gray	Already sold; "over a year-long waitlist"
Big Star Honda	Houston, TX	Pearl Gray	AVAILABLE	$25k (lmao) - was willing to negotiate down to $15k
Patty Peck Honda	Jackson, MS	Championship White	Can reserve next allocation for $10k deposit	$10k
Sterling McCall Honda	Houston, TX	Championship White	AVAILABLE	$15k - hung up on me after I countered with $5k
Fowler Honda	Norman, OK	Pearl Gray	AVAILABLE	$15k
Community Honda	Houston, TX	Pearl Gray	Already sold
Honda Cars of McKinney	McKinney, TX	Pearl Gray	Already sold; waitlist; preferential treatment to DFW locals	$11k "accessories package"; "no markup"

It's amusing to me that Vandergriff Honda and Honda of Denton have been calling people back, because they've been doing the same to me. Glad no one's budging.

 

[Kuhal]

It's amusing to me that Vandergriff Honda and Honda of Denton have been calling people back, because they've been doing the same to me. Glad no one's budging.

Not surprised they are. In the South/SE $20k is pushing it. I know near me only one dealership was asking $20k and was the only one that called me back later, so I suspect all the $10k markups didn't need my business so someone already bit on those. It seems like $10k is about the line for the region.

 

[Shiba Speed]

Was curious to know what would happen when I filed a complaint to my state about advertising practices. Dealer website said that they were a MSRP dealership, but the salesperson told me $10k markup. The only thing the government employee did was forward my complaint to the dealership and then forwarded the dealership reply to me. Glad to see my state taxes hard at work....

I wasn't expecting the state to force this dealership to sell the Type R to me at MSRP. I was realistically expecting that my complaint would either end up in a black hole or the dealer would have made a side note on the website, saying that not all models would be sold at MSRP.

 

[DeVo]

I've gotten a lot of helpful information from this thread, and now that I've made a ton of phonecalls myself over the past few weeks, I figured it might be useful to other people in Texas/the South just generally if I shared my spreadsheet (since I will most likely be waiting for a few months before I pull the trigger on an FL5):

Dealership	Location	Color	Status	ADM
Vandergriff Honda	Arlington, TX	Championship White	AVAILABLE (in-transit)	$20k
Ken Garff	Salt Lake City, UT	Championship White	Waitlist (1 person currently) for next allocation	$10k
First Texas Honda	Austin, TX	Championship White	"over a year-long waitlist"; didn't even tell me a price
Burleson Honda	Burleson, TX	Pearl Gray	Waitlist for next allocation	$10k
Team Gillman Honda North	Houston, TX	Championship White	AVAILABLE; "lots of offers", apparently	$20k
Mike Smith Honda	Beaumont, TX	Championship White	Already sold
Fernandez Honda	San Antonio, TX	Championship White	Taking offers; planning on selling to highest bidder next month
Schomp Honda	Denver, CO	Championship White	"12 people in line"
Grapevine Honda	Dallas-Fort Worth, TX	Pearl Gray	Receiving a new allocation next month	$10k
Honda of Denton	Denton, TX	Pearl Gray	AVAILABLE	$20k
Sames Honda	Laredo, TX	Pearl Gray	AVAILABLE	$15k
Howdy Honda	Austin, TX	Pearl Gray	Already sold; "over a year-long waitlist"
Big Star Honda	Houston, TX	Pearl Gray	AVAILABLE	$25k (lmao) - was willing to negotiate down to $15k
Patty Peck Honda	Jackson, MS	Championship White	Can reserve next allocation for $10k deposit	$10k
Sterling McCall Honda	Houston, TX	Championship White	AVAILABLE	$15k - hung up on me after I countered with $5k
Fowler Honda	Norman, OK	Pearl Gray	AVAILABLE	$15k
Community Honda	Houston, TX	Pearl Gray	Already sold
Honda Cars of McKinney	McKinney, TX	Pearl Gray	Already sold; waitlist; preferential treatment to DFW locals	$11k "accessories package"; "no markup"

It's amusing to me that Vandergriff Honda and Honda of Denton have been calling people back, because they've been doing the same to me. Glad no one's budging.

Looks like we are in the same city. I made a very similar list. Funny to see the differences in mark up the dealers have told us. Team Gilman North had a 50k mark up and even sent me over paperwork. Hilarious.

 

[mbaapk]

Looks like we are in the same city. I made a very similar list. Funny to see the differences in mark up the dealers have told us. Team Gilman North had a 50k mark up and even sent me over paperwork. Hilarious.

No way!?! $50k?

You have to post that -

 

[DeVo]

No way!?! $50k?

You have to post that -

I did a while back. Here’s the initial text and then when the salesman tried to follow up with me (drunk I assume)

 

[mbaapk]

 

[Tickle]

I did a while back. Here’s the initial text and then when the salesman tried to follow up with me (drunk I assume)

Haha. Cringy sales person.

 

[Bonito]

Coggins Honda of Orlando told me $5k for their Rallye Red

Called them this morning. At $5k I'd make the deal but they are going first come/first serve whenever it hits their lot and I can't imagine I'll beat someone driving all the way down from Atlanta. They refused to take a deposit to hold it.

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