Canadian dealer asked what colour Type R I want

[onepointsix]

If they are going by market price, I’d stay clear. Go get a deposit on ITS and keep waiting for other ctr options.

Exactly

Cannot guarantee it will be at msrp as they say they will go by market price at that time.

5k is quite a bit on hold without any promises that the car will come or even have no say on markup. At the end, I may end up losing interests on my deposit and without a car.

But on the other hand, seems like there won’t be a chance at all if I don’t do this. Dealer caught me FOMO for sure.

Yeah if they're toying around with price, unless you want what they're offering, there's room for negotiation. I wouldn't give them 5K at all though. They should take the 1K refundable deposit and at least confirm they can get you a car in writing like @katch922 said. If that fails, put a deposit on the Type S.

Sponsored

 

[Apex Carver]

Imho if it’s not going through the Honda stripe system (which is a $500 deposit) it’s not guaranteed. Unless you’re talking about a previously allocated car where the original person that the car is tagged to in the stripe system bailed.

 

[Ac12]

I paid 2500 over two payments, its my local dealer five mins from my house.
They added a few hundred bucks of Honda comfort something and ride green which I'll have to ask them about tomorrow when i hopefully go to pick it up.

 

[onepointsix]

Imho if it’s not going through the Honda stripe system (which is a $500 deposit) it’s not guaranteed. Unless you’re talking about a previously allocated car where the original person that the car is tagged to in the stripe system bailed.

For sure, but he's got to put the deposit in regardless.

 

[惹Raizzelle]

Hey guys, out of topic question. Hope someone can share some knowledge. Just wanted to ask if anyone knows if it’s possible to refinance from dealerships after the deal is done? APR seems to be alot higher today than years ago. ??

 

[Shichi]

Hey guys, out of topic question. Hope someone can share some knowledge. Just wanted to ask if anyone knows if it’s possible to refinance from dealerships after the deal is done? APR seems to be alot higher today than years ago. ??

Do you mean like an open finance? The dealer I go to has let us add more money/change the plan freely on the others car we've bought from them. They also mentioned that I'd be able to with the fl5

 

[惹Raizzelle]

Do you mean like an open finance? The dealer I go to has let us add more money/change the plan freely on the others car we've bought from them. They also mentioned that I'd be able to with the fl5

Yeah. But more on the APR rate. For example APR rate from the website shows 7.99% rn, if for example it goes down for the next coming year, is it possible to refinance and have a better APR%?

 

[Honda_dna]

Yeah. But more on the APR rate. For example APR rate from the website shows 7.99% rn, if for example it goes down for the next coming year, is it possible to refinance and have a better APR%?

I doubt that’s how it works. Once you signed the dotted line, you are in for the rest of the term. Don’t think they will let you pay down the principle early as well.

 

[onepointsix]

Going through Honda Financing is essentially an open loan. You can start out with their financing and then look for a credit union with a lower interest rate and switch the financing to them. Better ideally if you go with from the get go, but I believe that may affect the sales person bottom line…

 

[sam3r_11]

How come my dealer wants 5000??

like @Apex Carver said to order a car from Honda there is only 500 deposit required, the dealership will place the order to Honda on your behalf in your name with that 500, dealerships tend to ask for 1000 or even 2 (this has nothing to do with ordering type r from Honda purely between you and the dealership they could mark your deposit for a crv for all we know) but they do that just to make sure you're serious or for some other hidden reason related to allocations and target (speculation) ... or maybe they already have someone's order for a type r with Honda through the store system with 500 and they are just taking deposits to build their own list of people in case the sale falls through with that initial buyer... but yeah i would exhaust looking elsewhere before going back to then it's ridiculous 5k deposit and it should always be refundable i think by law

 

[sam3r_11]

Hey guys, out of topic question. Hope someone can share some knowledge. Just wanted to ask if anyone knows if it’s possible to refinance from dealerships after the deal is done? APR seems to be alot higher today than years ago. ??

the best way to do it is to get a personal loan or line of credit from a bank or creditor of sort and you can negotiate that loan and just pay off your finance with Honda... once you sign your locked in at that rate for that duration but you can pay as much as you want or pay it off all together without penalties

 

[katch922]

Off topic, anyone here considering 24 WRX TR if they can’t get the CTR?

The exterior is slightly growing on me, but still can’t stand the interior of that car… or are these totally diff type of cars?

 

[Apex Carver]

If the TR drives anything like the regular WRX then no. The suspension on the WRX is weirdly too soft and rolly through the corner but too harsh on high frequency bumps.

 

[katch922]

Ya it says they “upgraded suspension and steering” but we shall see

 

[onepointsix]

Another one

Sponsored