The FL5 Dealer ADM Markup Thread

[mbaapk]

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.

FCFS is brutal, almost have to live out of your car parked outside the dealership and beat them to work every day.

Sponsored

 

[Doublestack00]

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.

I have told several dealers I do not want to put down a deposit, I want to put to put down my down payment and go ahead and do the deal. Even offering to wire a 20K down payment.

I still got "we are not taking deposits". Basically they want to take the highest and best to see how high some idiot is willing to pay.

 

[Obscure_Worship]

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.

Screw Honda of Denton. Bought an HRV there, was told we were first on list, then 2nd, then Ray (worlds scummiest salesperson) had the balls to ask for 25k over. That stealership will never get another dime from me.

 

[ssheff55]

Haha. Cringy sales person.

“Always be kind” left the room with this one. Holy shit. “First in the district” LOLOLOL

 

[B$$]

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

Came down from the $60K. What a "bro"!
I just don't have the patience for this insanity, but bravo on the happy hour comment!

 

[UFO CTR]

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

like literally dude, OMFG!!!????!!!!

EDIT: can't we bring charges at this point LMFAO

 

[Geezer]

Northtown Honda in WNY 10k over for the champ white they have in transit if anyone is interested.

 

[Scottyy]

Just spoke to 2 different dealers and they’ve both told me that Honda allocates 1 Type R every quarter to a certain amount of dealerships, they said the next would be around February or March. Anyone else heard of this?

 

[Doublestack00]

Just spoke to 2 different dealers and they’ve both told me that Honda allocates 1 Type R every quarter to a certain amount of dealerships, they said the next would be around February or March. Anyone else heard of this?

Eh, not sure that is true. When the FK8 came out some of the larger dealers would have 3 different colors at a time.

 

[Boostlag]

Just spoke to 2 different dealers and they’ve both told me that Honda allocates 1 Type R every quarter to a certain amount of dealerships, they said the next would be around February or March. Anyone else heard of this?

anytime dealer tells you how rare the cars are you should take take as complete BS.

 

[Scottyy]

anytime dealer tells you how rare the cars are you should take take as complete BS.

For sure, I don’t trust these desperate fucks ?

 

[Boostlag]

For sure, I don’t trust these desperate fucks ?

not sure where you are in MD but Landmark Honda in Alexandria had 4 in stock at one point sitting with markups.

 

[Ministry]

Just spoke to 2 different dealers and they’ve both told me that Honda allocates 1 Type R every quarter to a certain amount of dealerships, they said the next would be around February or March. Anyone else heard of this?

Unlikely but certainly possible. These are different times and what applied to the FK8 may not apply to the FL5...Not built in the same plant, supply chain issues, all that stuff.

I didn't see a single dealer in LA or SF with more than one, with many not getting any at all. There's also many dealers that are still struggling to get regular civic allocations, let alone the Type R variant. After this first wave, I wouldn't be surprised if the next shipment is indeed a few months out.

 

[superporpoise]

An Oregon dealer just called me to tell me they dropped the ADM from 25K to 15K, which is still ridiculous — but it's satisfying to see them forced to lower it. I just bought an Elantra N so didn't even try to bargain, but to me this just shows that next year will probably be a totally different story re: markups. If you don't have to be first and want to save some $$, it seems like waiting will be a smart move.

 

[citrus]

Here is a little perspective. In 2003, I bought my 200 hp RSX-S for about $24k. Fifteen years later, the FK8 came out with 50 % more hp, 100 %+ more torque, and class dominating handling, braking, and technology that the RSX or any car at that time in the price range never had.
Is a few extra hp and torque that may be slightly faster worth 10K? I know the car will sell and still be in great demand, but I just don't see its worth owning the car that I have.

I'm in the same boat, but from the opposite direction. We bought our Evo stock for about $26k in 2018, but it stickered for--wait for it--$46,365 w/ destination back in 2014. That's about $54k in today's USD. And the thing is, I love our Evo so much that, had I not been a jobless child back in 2014, I think I would have bought it brand new, even with the options (maybe not the nav).

So to me, the FL5 at $44k MSRP almost seems like a bargain. It's basically just as quick, feels good to drive, offers tons of room, and looks pretty too. I don't know if it's necessarily better. Certainly not better enough for me to rush out and get one right now.

Sponsored