Canadian dealer asked what colour Type R I want

[J_D]

It’s because it’s next door and Australia loves JDM cars. The market is huge.

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[CR-X]

The FL5 is about $65K CAD in Australia.

 

[ChiroCale]

The FL5 is about $65K CAD in Australia.

I wonder why the FL5 is priced so well in Canada?!

 

[CR-X]

All cars in Aus are expensive. I think the cheapest Civic is around $40K CAD

 

[J_D]

We be poor

 

[samster231]

So I haven’t posted here in a minute but I just renewed my insurance on my 23 FL5 and they offered me the replacement insurance and I opted out as usual because it’s a scam …. However the value he said it was covered for was 67k. It Has 19,000km on it.

Interesting to me because I recently went to a local Audi dealership and was curious as to what they would offer me for a trade and they offered me $51000…..that shit don’t ad up. And if I read dealerships are trying to grab $76k…..get bent.


edit. I paid $69k out the door with all the typical forced add ons and tax.

You are entitled to you opinion on replacement cost coverage, but for most cars that depreciate it is a small additional premium to pay to get a new car if your car is written off (or more likely stolen if it's an FL5). I know many people who got more money from their insurance company than they paid for their car initially if a car was written off during this period when depreciation was waived.

To each their own.

 

[michaeljf]

All cars in Aus are expensive. I think the cheapest Civic is around $40K CAD

Try $45k CAD but our base Civic is a hybrid. The Type R is $66.5k CAD.

We only got ~1500 FK8 including just 20 LEs when Canada got nearly twice that.

I suspect the reasons for the change is we now have a fixed price non negotiable agency model where Honda Australia owns and sells all the cars and pays dealers a set price for selling on their behalf. So Honda pockets a lot more of the gross profit per car.

Net result is Australian Type R stocks are plentiful and late last year they were even pushing a handful of MY23 models at a discount that were still in stock 12 months later due to cancelled orders.

 

[CR-X]

Try $45k CAD but our base Civic is a hybrid. The Type R is $66.5k CAD.

We only got ~1500 FK8 including just 20 LEs when Canada got nearly twice that.

I suspect the reasons for the change is we now have a fixed price non negotiable agency model where Honda Australia owns and sells all the cars and pays dealers a set price for selling on their behalf. So Honda pockets a lot more of the gross profit per car.

Net result is Australian Type R stocks are plentiful and late last year they were even pushing a handful of MY23 models at a discount that were still in stock 12 months later due to cancelled orders.

Canada got twice as many FK8s but our population is 1.6X, not as egregious as AUS getting almost 6x FL5 per capita. Canada is a far stronger market for Honda. Before the pandemic sales were 4x that of Australia. The Civic was the best selling car in Canada 24 years in a row.

 

[michaeljf]

Canada is a far stronger market for Honda.

North America overall is a far stronger market in percentage terms than Australia is and probably will ever be for Honda. I believe there was a real question about whether or not Honda would even stay in the Australian market.

The decision to stay was justified on lower sales but at a lot higher margin. The fact that Honda Australia managed to get an additional production allocation in 2024 of many hundreds of cars means the Type R is part of that strategy. I believe in 2024 they sold nearly as many Type Rs as they did the single hybrid Civic model on sale.

Still I am genuinely perplexed at how few FL5s Canada is getting. If nothing else once people start to move to other brands for their performance cars there ends up being a trickle down effect to other cars they buy.

 

[Ac12]

North America overall is a far stronger market in percentage terms than Australia is and probably will ever be for Honda. I believe there was a real question about whether or not Honda would even stay in the Australian market.

The decision to stay was justified on lower sales but at a lot higher margin. The fact that Honda Australia managed to get an additional production allocation in 2024 of many hundreds of cars means the Type R is part of that strategy. I believe in 2024 they sold nearly as many Type Rs as they did the single hybrid Civic model on sale.

Still I am genuinely perplexed at how few FL5s Canada is getting. If nothing else once people start to move to other brands for their performance cars there ends up being a trickle down effect to other cars they buy.

You guys are getting all sorts of Chinese cars, have they influenced pricing at all yet?

 

[J_D]

Jokes aside, I do believe I know the real reason. Before covid, FK8 Type Rs were not selling in Canada at all. I remember finding a 2018 with 30,000km for $35k in early 2020 before the pandemic kicked off. New ones were sitting at the dealer too. I'm thinking they did the product planning for Canada with those early sales numbers.

 

[CR-X]

Jokes aside, I do believe I know the real reason. Before covid, FK8 Type Rs were not selling in Canada at all. I remember finding a 2018 with 30,000km for $35k in early 2020 before the pandemic kicked off. New ones were sitting at the dealer too. I'm thinking they did the product planning for Canada with those early sales numbers.

That's not what I remember. The market was always very strong even pre-Covid. They sold more 2018s than any other year in Canada. I think 2018s were $42800. An '18 with 30k km sells for well over $40K today. We got screwed here. From 2900 units to 546.

 

[CR-X]

Still I am genuinely perplexed at how few FL5s Canada is getting. If nothing else once people start to move to other brands for their performance cars there ends up being a trickle down effect to other cars they buy.

I've owned 18 Hondas, 2 Toyotas. Got tired of waiting and ended up buying another brand. I still have my deposit at the dealer but I'm confident I wont get one.

 

[michaeljf]

You guys are getting all sorts of Chinese cars, have they influenced pricing at all yet?

They've definitely shaken up the EV market and put downwards pressure on those prices. But for ICE we're still seeing large increases at the bottom of the market, even for Chinese brands like MG.

MG jacked up the price of their MG3 when the new model landed last year. MG are still the cheapest in the ICE space but there is no sign that any of the Korean/Japanese brands are going to try to compete by limiting price increases.

I have a base model 2019 Kia Cerato that I bought for $20500 brand new. The last of them before the new K4 were up to $32000 and the new K4 is going to be $35000. Most other Japanese/Korean brands have had similar increases.

 

[Use20]

I met a guy who walked in to the dealer and picked up his 25 Type R for msrp + $2500.
we are getting closer to msrp deal! If you’re still waiting, don’t pay too much!

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