What did you pay for your FL5?

SP R KiD

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The original Type R was like 38k and that was a stretch for what this car is. Now they moved it up closer to 45k for largely a car that does not cost them anymore to make. If you start selling this for over 50k with markup the car competes with more premium models that are in almost every single metric better sports cars (removing Honda fanboyism out of it).

Thats where I said, its not worth more than MSRP because it is already a stretch, and objectively even at 45k unless you are a Honda fan most normal car enthusiats would be laugh at that. I completely get it.

The manual supra on good tires would send this car back in time, the Camaro SS 1LE would obliterate it, the Z on real tires would be engaging in similar ways and even the Gr86 with just suspension and tires will run faster laps for far less money, feel engaging to drive. Even the Elantra N for 38k is almost identical in performance.

Im in a rare spot to have been on track/street to know. I still chose the Type R because I am some kind of twisted Honda fan. It makes almost no rational sense.
Completely understand which is why I said I totally agree with your assessment. I just think it's difficult to assert how much it's truly worth from one's opinion given the accessibility you may have over others to get MSRP.

However a fair question I suppose I'd ask is, in your completely honest and hopefully unbiased opinion, would you have paid more? Hypothetically let's say MSRP was 47k, or 50k, or 53k. Do you talk yourself out of paying more than 44k because that's what MSRP is? Or because you genuinely believe that's the MAX price? If you didn't have access to MSRP only would you have paid any kind of markup? 2k? 5k? You said it isn't worth more and I think many people believe that about a lot of things they buy, but that doesn't stop them from paying more. If you want it bad enough, you'll pay.

I certainly don't mean to overcomplicate the question but I think it's important to be transparent especially for you. People truly value your opinion but it'd be hard to believe you truly would feel that way about pricing when you had the opportunity to especially get MSRP.

And please understand, I'm not trying to discredit your review or opinion in any way. I think you still make very valuable content! I'd like to think I'm asking questions about the price that others may also have. I also may be the only one who cares, idk.
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savagegeese

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Completely understand which is why I said I totally agree with your assessment. I just think it's difficult to assert how much it's truly worth from one's opinion given the accessibility you may have over others to get MSRP.

However a fair question I suppose I'd ask is, in your completely honest and hopefully unbiased opinion, would you have paid more? Hypothetically let's say MSRP was 47k, or 50k, or 53k. Do you talk yourself out of paying more than 44k because that's what MSRP is? Or because you genuinely believe that's the MAX price? If you didn't have access to MSRP only would you have paid any kind of markup? 2k? 5k?

I spent around 2500 on accessories, floor mats, carbon wing. So Id likely say, I would basically offset price and offer a markup based on that.

So if this was my dream car I would offer maybe 3k max and not get accessories. Thats max for me personally.
 

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The fallacy with the initial price of entry argument is that it doesn't do anything to articulate the total cost of ownership. If the average ADM is an indicator of future values (and normally it is at least in the short term) you can pay a few grand over and still potentially drive this car for free for a couple years. That's the value proposition I am most interested in.
 

Jigalo

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The original Type R was like 38k and that was a stretch for what this car is. Now they moved it up closer to 45k for largely a car that does not cost them anymore to make. If you start selling this for over 50k with markup the car competes with more premium models that are in almost every single metric better sports cars (removing Honda fanboyism out of it).

Thats where I said, its not worth more than MSRP because it is already a stretch, and objectively even at 45k unless you are a Honda fan most normal car enthusiats would be laugh at that. I completely get it.

The manual supra on good tires would send this car back in time, the Camaro SS 1LE would obliterate it, the Z on real tires would be engaging in similar ways and even the Gr86 with just suspension and tires will run faster laps for far less money, feel engaging to drive. Even the Elantra N for 38k is almost identical in performance.

Im in a rare spot to have been on track/street to know. I still chose the Type R because I am some kind of twisted Honda fan. It makes almost no rational sense.
While I agree with this logic, I am currently looking at a type r for 55k. The 2 Zs next to me are 10k mark up as well so they are 62k. The Supra next to me that’s incoming is listed for 70k.

Every car is getting marked up, so is a 55k Type R worth it? No, but what car can I get in the 50s that compete. Cause all the 50k MSRP cars are in the 60s with markup, Ect..
 

savagegeese

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The fallacy with the initial price of entry argument is that it doesn't do anything to articulate the total cost of ownership. If the average ADM is an indicator of future values (and normally it is at least in the short term) you can pay a few grand over and still potentially drive this car for free for a couple years. That's the value proposition I am most interested in.
Thats based on if they dont increase production. If they decide to produce 10k next year for USA then it would likely drop prices.
 


ayau

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The fallacy with the initial price of entry argument is that it doesn't do anything to articulate the total cost of ownership. If the average ADM is an indicator of future values (and normally it is at least in the short term) you can pay a few grand over and still potentially drive this car for free for a couple years. That's the value proposition I am most interested in.
At MSRP, you can drive the car a few years for 'free'. Don't forget you still need to sell the car for 4k over MSRP just to cover your taxes. With ADM and taxes, it's unlikely you'll break even in a few years. I bought two Fk8s at sticker and drove them for 'free'.
 

ayau

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Do you believe that to at all be a possibility that they produce near that many?
Nobody knows but it's unlikely there will be a surplus of FL5 based on historic Type R production numbers.
 

Geezer

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Thats based on if they dont increase production. If they decide to produce 10k next year for USA then it would likely drop prices.
Possible but I don't see that happening when they already announced the entire production run in certain countries. FL5 total production in numbers is most certainly already on paper in Japan. I don't see 10k happening in the US or anywhere close to it. Just over 1000 Honda dealers in the US you're talking averaging almost 10 cars each.
 

ayau

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lol don't worry about honda pumping out a ton of FL5. you'll be able to sleep just fine knowing your FL5 is more exclusive than an M3.
 


Geezer

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At MSRP, you can drive the car a few years for 'free'. Don't forget you still need to sell the car for 4k over MSRP just to cover your taxes. With ADM and taxes, it's unlikely you'll break even in a few years. I bought two Fk8s at sticker and drove them for 'free'.
Imo this car will hold its value better than the FK8 in the long run but that's just a hunch. I could only find one FK8 at sticker good job finding two lol
 

ldentikit

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lol don't worry about honda pumping out a ton of FL5. you'll be able to sleep just fine knowing your FL5 is more exclusive than an M3.
I’m asking as I’m close to making a deal for 10k over which sadly seems like a good deal in comparison to all these dealers asking for 20k+

Getting cold feet and if production numbers reached anywhere near that range it tells me I really should stay patient and back out.
 
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ayau

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Imo this car will hold its value better than the FK8 in the long run but that's just a hunch. I could only find one FK8 at sticker good job finding two lol
I bought mine both out of state in Iowa. Those dealers are now asking over msrp for the FL5, which they don’t even have an allocation for yet. Just letting the market cool down. If it always stays above msrp, I’ll just pass on it. It’s just a Honda Civic lol.
 

ayau

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I’m asking as I’m close to making a deal for 10k over which sadly seems like a good deal in comparison to all these dealers asking for 20k+

Getting cold feet and if production numbers reached anywhere near that range it tells me I really should stay patient and back out.
As long as you’re fine with paying the 10k to have the car 1-2 years sooner, then that’s all that matters.
 
 







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