TypeRD

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Yeah, I know. Not trying to put words in anyone’s mouths. My bad if I came off that way @1971Camaro . I agree plans can change, sometimes for the better. It’s just not something I would personally bank on happening and would definitely continue doing what I can to get in front of dealers to try and secure a car, as you’ve said. I also agree that as time rolls on, other, hot-car-of-the-moment, options will come up…which could decrease demand for FL5’s. That’s good for those of us who are dedicated Honda fans. Like you, I really don’t care about newer/“better” options. Look at the first gen CTR. The car is now a classic and no one would argue that it’s still a great car even today. The FL5 is a great design and has plenty of power (especially for a Civic!). I truly believe it will age VERY well and will always be fun to drive…assuming gas doesn’t shoot up to $20 a gallon. Ha!

Toyota upping production on the GR Yaris is a smart move, especially in light of demand for the car and low availability of alternatives. Toyota is also larger than Honda and has more strings they can pull. I can’t remember where I read it, but I recall Toyota saying they were not as severely impacted by chip shortages. Their purchasing department apparently stockpiled chips a long time ago or something. So it makes sense that they may have more flexibility to shift production to one car versus another as market demand fluctuates. I think a big factor to consider too is that Toyota has a dedicated GR factory. In contrast, Honda closing their largest factory in Japan (to restructure for electric car production) does not help the chances of FL5 production increasing. They’ve kind of shot themselves in the foot (by necessity) in order to keep up with the electric future.
https://asia.nikkei.com/Business/Au...er-factory-as-it-moves-to-all-electric-future
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1971Camaro

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Yeah, I know. Not trying to put words in anyone’s mouths. My bad if I came off that way @1971Camaro
No, everything you said was fine!! I should have quoted, because i was mostly reacting to the way @CivicR38 interpreted my post -- i was worried it would then be misinterpreted by others as well.

CivicR38 had said about my observations, "This is really just based on assumption..."
I needed to clarify that.

Worst, though, was that his perspective is right when he said, "Last thing I'd like to see is someone on these forums missing out on a car because they are reading too much into the opinions of people on how "they should wait" or "market will adjust" without doing the actual research on actual production numbers..." but, he somehow missed that i was NOT telling people to wait... but offering suggestions based on the need to be pro-active with the dealers to get that top spot. I have interacted with several dealerships and salespeople, so i wanted to help spread the word about anything that could help increase people's chances, and i wanted to ensure my experiences were not ignored or lost, in case they could be helpful.

Yet, i also do see the market softening, unless something goes drastically wrong with the industry in general, or with the CTR's primary competition. Trouble is... those are unpredictable, and bird in hand is a lot more fun than bird in bush. ?
 

I used to vtec

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Hey all,

I'm desperate. Does anyone have any leads on a dealer that will accept a deposit for a car with an adm 5k or less and realistically has spots available? I don't mind waiting a few years for the car but just want some kind of official hold/reservation on one.

I have talked to so, so many dealer. I finally found two who would allow me to reserve one. One for 5k over, another for 2.5k over. Both eventually reneged on the reservation and told me there's too much demand it'll just be first come first served. So tired of calling dealers only to be told no -_-
 

midway1

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Hey all,

I'm desperate. Does anyone have any leads on a dealer that will accept a deposit for a car with an adm 5k or less and realistically has spots available? I don't mind waiting a few years for the car but just want some kind of official hold/reservation on one.

I have talked to so, so many dealer. I finally found two who would allow me to reserve one. One for 5k over, another for 2.5k over. Both eventually reneged on the reservation and told me there's too much demand it'll just be first come first served. So tired of calling dealers only to be told no -_-
Check this page and contact all the dealers around you. https://stevenmatchett.github.io/fl5-civic-type-r-finder/

Hardin County Honda keeps hitting me up about a blue car that's supposed to arrive any day now. They're asking about 5k ADM.

Also last week, Moses Honda in WV had a SGP available for 5k ADM. I was surprised how easily it was to find available cars. You just have to reach out.
 

I used to vtec

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Check this page and contact all the dealers around you. https://stevenmatchett.github.io/fl5-civic-type-r-finder/

Hardin County Honda keeps hitting me up about a blue car that's supposed to arrive any day now. They're asking about 5k ADM.

Also last week, Moses Honda in WV had a SGP available for 5k ADM. I was surprised how easily it was to find available cars. You just have to reach out.
I'm in kind of a unique position where I'm temporarily living in an apartment for ~3 months before I move back across the country to my house (temp relocation for work). So, I'm not really in a position to buy today, which makes it hard for me to call and deal. My ideal situation would just be placing a deposit on a car coming in a year or two, but I might just need to give up looking for now and start looking in a few months when I am in a position to buy immediately. Just frustrating because I had two dealers accept my deposit, run my card, and then call me a day or a week later and tell me that their GM decided to refund all deposits and just make it first come first served when the car comes in.
 


TimeRacer

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I'm in kind of a unique position where I'm temporarily living in an apartment for ~3 months before I move back across the country to my house (temp relocation for work). So, I'm not really in a position to buy today, which makes it hard for me to call and deal. My ideal situation would just be placing a deposit on a car coming in a year or two, but I might just need to give up looking for now and start looking in a few months when I am in a position to buy immediately. Just frustrating because I had two dealers accept my deposit, run my card, and then call me a day or a week later and tell me that their GM decided to refund all deposits and just make it first come first served when the car comes in.
This makes no sense from a practicality point of view. Quit looking and possibly paying extra money (and transport) costs for one of the first allocations the dealers get. Find the MSRP dealers and throw your name into the hat - anything else? Forget it. Pop your head back into the ring once you've landed in your long term situation as you said you ideally want the car 2024 or 2025. With a likely probability of a recession and moderate risk it may be similar to 2008, don't be buying stuff you can't immediately reap the benefits from. Americans are financially stupid [there's no formal education for any of it during all of high school or even college] and don't understand a 8% loan on a depreciating asset for 5+ years is a dumb proposition. Guarantee you if the market does make a sharp turn, you'll find these on the used market in a couple years (along with a lot of other toys) at much better pricing.
 

TypeRD

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Agree with most of what you’re saying @TimeRacer , but then, good luck even finding a nice used one. That’s part of the quandary. These are not going to be as available as FK8’s (new or used) simply due to lower production overall. Maybe by 2025 they’ll be selling closer to MSRP. MAYBE. But even with a potential downturn in the market, I 100% guarantee there will still be a line of people looking to buy, regardless of whether they can truly afford it or not. As you allude, financial illiteracy is the American way. 1-2 years is not going to change that a whole lot. So, in that sense, I can understand @I used to vtec ’s position, despite the added complexity of his living/work situation. He needs to either A) Get one ASAP, as he’s been trying to do, but the dealers are shite in his area…or B) Just wait till he moves and hope that the area dealerships there are better. But if they aren’t, then he may be kicking himself for not securing one now. It’s…a predicament.
 
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I used to vtec

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This makes no sense from a practicality point of view. Quit looking and possibly paying extra money (and transport) costs for one of the first allocations the dealers get. Find the MSRP dealers and throw your name into the hat - anything else? Forget it. Pop your head back into the ring once you've landed in your long term situation as you said you ideally want the car 2024 or 2025. With a likely probability of a recession and moderate risk it may be similar to 2008, don't be buying stuff you can't immediately reap the benefits from. Americans are financially stupid [there's no formal education for any of it during all of high school or even college] and don't understand a 8% loan on a depreciating asset for 5+ years is a dumb proposition. Guarantee you if the market does make a sharp turn, you'll find these on the used market in a couple years (along with a lot of other toys) at much better pricing.
Makes total sense from a practical POV IMO. I just want as locked-in a deal as I can get and not have to worry about finding one as they come in, as long as I can get a reasonable price on one of them. You say to just throw my name on an MSRP list, well... that's what I'm asking for on here. Which dealers are these? Because every dealer I have called that offers a waitlist for MSRP or not much above is either not accepting new reservations, has so many deposits already that it's unlikely their obligations will ever be met, or require you to be local. So, if you have any recommendations I can actually act on, I'm all ears. Not interested in a used car, and not going to dick-measure about finances, but I am far from financially illiterate or incapable of affording this car by any stretch.
 


TimeRacer

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Makes total sense from a practical POV IMO. I just want as locked-in a deal as I can get and not have to worry about finding one as they come in, as long as I can get a reasonable price on one of them. You say to just throw my name on an MSRP list, well... that's what I'm asking for on here. Which dealers are these? Because every dealer I have called that offers a waitlist for MSRP or not much above is either not accepting new reservations, has so many deposits already that it's unlikely their obligations will ever be met, or require you to be local. So, if you have any recommendations I can actually act on, I'm all ears. Not interested in a used car, and not going to dick-measure about finances, but I am far from financially illiterate or incapable of affording this car by any stretch.
Interesting push at the bottom while asking for assistance. There's a few MSRP or close to MSRP dealers out there that are still taking names and many on those lists will not wait 2 years even though that's your time frame. You're looking for a guarantee and there's not many of those in life. Take the money you would of spent today securing one and find something it'll do decently in a 2 year time frame. The markup is paid for if you're doing it right and like I said, the car and general market isn't likely to be in the same place as today so there will be more opportunities for those people who have the savviness to find them. Good luck.

So, in that sense, I can understand @I used to vtec ’s position, despite the added complexity of his living/work situation. He needs to either A) Get one ASAP, as he’s been trying to do, but the dealers are shite in his area…or B) Just wait till he moves and hope that the area dealerships there are better. But if they aren’t, then he may be kicking himself for not securing one now. It’s…a predicament.
Understand how most dealers are operating today. It's still set a price and let the public come and buy and meet at their price - no lists involved. It's how people are using the location tracker to find cars. So take the $50k of today money and somehow make $5k on it in 2 years, it's not that difficult even with a straight 2 year CD rates of like 5.5% or so right now and there's much better financial vehicles available. Half the markup he'll see in 2 years is paid off and the market will be whatever the market will be. It's not like there's no cars available even today, it's simply people don't want to pay $6k+ ADM's on it. Invest the money and use that same money to pay for the car + whatever market ADM (unless the market somehow gets better and people have more money to make even worse decisions and the CTR specifically becomes a lot less available) is in 2 years. The situation changes if you're financing as depending on how the fed handles the market, 10+% car loans could be a thing and no depreciating asset is worth the financing risk.
 
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I used to vtec

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^ I'm not trying to 'push' or flex on anyone, just replying to a strange and out-of-place comment where someone suggested I was some financially illiterate bum because I want to place a deposit on a CTR. If anyone has any recs on dealers to contact, I'd appreciate it. If someone just wants to soapbox about how dumb everyone else is with finances so they can feel smart, suit yourself, but it's not helpful and falls on deaf ears. I keep seeing comments about how there are dealers out there still taking names, but *which ones*? Can anyone actually provide some names or is this just all hearsay? I have contacted several that I have seen mentioned on this forum and every single one of them has turned me away or told me I was literally 60+ deep on the list.
 

TimeRacer

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^ I'm not trying to 'push' or flex on anyone, just replying to a strange and out-of-place comment where someone suggested I was some financially illiterate bum because I want to place a deposit on a CTR. If anyone has any recs on dealers to contact, I'd appreciate it. If someone just wants to soapbox about how dumb everyone else is with finances so they can feel smart, suit yourself, but it's not helpful and falls on deaf ears.
So now that you've got that out, let's see what I actually said.

"Americans are financially stupid [there's no formal education for any of it during all of high school or even college] and don't understand a 8% loan on a depreciating asset for 5+ years is a dumb proposition."

At no point did I refer to you as the average American or you're financially illiterate... UNLESS that 8% 5+ year loan is something that applies to you. With that attitude though - good luck to you.
 

I used to vtec

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Ok, so a totally random comment about financial illiteracy that has nothing to do with my comment and does not provide any useful info? Got it. Glad you could share that with me. This is a pointless argument. Adios.
 

TimeRacer

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Ok, so a totally random comment about financial illiteracy that has nothing to do with my comment and does not provide any useful info? Got it. Glad you could share that with me. This is a pointless argument. Adios.
We're seeing you don't understand the consequences of the average American. It means they can't afford these things if the financial situation changes even slightly. It's exactly how 2008 happened. Some financial institution (along with some help from the Fed) got people into homes they couldn't afford, especially at the ARM loans that were being approved. Dropped the bottom out of the market and guess what, ALL luxury goods pricing came down with it, cars included. I'm sorry that understanding the very basics of financial markets isn't personal enough for you. I'm guessing you have no idea why pricing across the board is so high right now (it's not inflation, that's just the measurement of how much). So goes the financial aptitude - good luck to you as you'll need it.
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