2023 Civic Type R Waitlist / Deposit / Reservations List - Check in here!
mbaapk
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Banks are about to clamp down hard on lending standards and the macro outlook is not good. That should put a lot of pressure on as well. All dealers should start to see the writing on the wall, and combined with more volume, some closer to msrp should come. Id go out on a limb and say a year from now the average adm (outside cali which operates in delusion ville) will be $5k.
Tickle
Senior Member
Eh.... these things won't impact your typical CTR buyer or Honda buyer for the most part. Maybe Mitsubishi or Nissan or the like.
If your credit is good and your income supports it. You're getting the money.
All of this is simply based off hype. When that fades. So will the markup.
MrHugo
Member
Didn’t someone just mentioned one guy on the list cannot get approved for a loan so there are two ctr available at that dealer? He is a ctr buyer.
Tickle
Senior Member
Ahhh yes...
The old... "Hey this is available again because someone couldn't get approved" line.
That sounds a lot better than they didn't want to pay whatever ADM I have and told me to get fucked. So now... I have TWO.
You can believe anything you want.
I'm not telling you it isn't possible. Just that the hype is the reason.
We ain't slanging scat packs. Lol.
mbaapk
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Been drinkin today?
Deleted member 42932
So it went from one to 2 being available. The person we had on the Champ white couldn’t get financed.
So we now have 2 Type Rs at 5k over
SGP. It's a looker....
Deleted member 42932
Agreed! West Covina Honda wants 20k over for their CTR.
1971Camaro
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There is one other factor that i have been mentioning for a while now...
As the newest sports and performance cars hit the market, there will be distractions. Just as the Acura ITS already (offered at MSRP) has pulled some potential buyers away... there is going to be a special Camaro, the Mustang Dark Horse, plus some other offerings (including new EVs) that will distract those who aren't specifically in the hot-hatch market normally.
We had a ton of buyers who are collectors and/or who have enough money to buy the 'hot car of the season' end up buying CTRs for stupid money. That is what hurt us most with high ADMs.
So, the new 2024 cars, conceivably will siphon off the people who have a lot of disposable income. Hard to know how much effect it will have on FL5 sales, but since it was the reviews that sparked a lot of the excitement in the first place... as a consumer behavior professional, i have felt the new toys would help a lot with distracting the people with money who have been contributing to the high ADMs.
One question i have is... how many people with FK8s are going to want to trade for an FL5? As the FK8s age, will owners continue to maintain them and hold them for posterity... or will they want to upgrade as their cars go out of warranty? Based on standard marketing principles... your best lead is a person who is already a customer...and the FK8 owner is the prime target audience.
Where that breaks down is with media/social media events that go viral and attract a totally new audience that wouldn't have normally even been aware of/interested in the product (such as what has happened with the FL5). That is0 the "fair weather fans" syndrome -- where everyone in a city is suddenly a big fan of the local sports team when they are a winning team...yet they stop following the team (and aren't that interested) once the excitement is over.
Obviously, there are lots of variables contributing to the price of the FL5... but, it would seem that some influences are moving in our favor -- including that there are now a bunch of us who have already gotten the car and are out of the market (aka a small bit of market saturation).
Crossing fingers that the planets will align...
As the newest sports and performance cars hit the market, there will be distractions. Just as the Acura ITS already (offered at MSRP) has pulled some potential buyers away... there is going to be a special Camaro, the Mustang Dark Horse, plus some other offerings (including new EVs) that will distract those who aren't specifically in the hot-hatch market normally.
We had a ton of buyers who are collectors and/or who have enough money to buy the 'hot car of the season' end up buying CTRs for stupid money. That is what hurt us most with high ADMs.
So, the new 2024 cars, conceivably will siphon off the people who have a lot of disposable income. Hard to know how much effect it will have on FL5 sales, but since it was the reviews that sparked a lot of the excitement in the first place... as a consumer behavior professional, i have felt the new toys would help a lot with distracting the people with money who have been contributing to the high ADMs.
One question i have is... how many people with FK8s are going to want to trade for an FL5? As the FK8s age, will owners continue to maintain them and hold them for posterity... or will they want to upgrade as their cars go out of warranty? Based on standard marketing principles... your best lead is a person who is already a customer...and the FK8 owner is the prime target audience.
Where that breaks down is with media/social media events that go viral and attract a totally new audience that wouldn't have normally even been aware of/interested in the product (such as what has happened with the FL5). That is0 the "fair weather fans" syndrome -- where everyone in a city is suddenly a big fan of the local sports team when they are a winning team...yet they stop following the team (and aren't that interested) once the excitement is over.
Obviously, there are lots of variables contributing to the price of the FL5... but, it would seem that some influences are moving in our favor -- including that there are now a bunch of us who have already gotten the car and are out of the market (aka a small bit of market saturation).
Crossing fingers that the planets will align...
Deleted member 42932
That was FAST! Good for him/her.
1971Camaro
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Trilly_Loomis
Senior Member
what does “we ain’t slanting scat packs” mean? People who look at scat packs don’t get financed? Can’t afford? Why this specific car?
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