The FL5 Dealer ADM Markup Thread

[Dream3r]

I was rooting for you, man. Sorry to hear the deal fell through.

We get em this year. I’m on Voss Hondas list for MSRP since they only sell within the state. Hoping I see a black one soon. Roush does msrp too so I’ll be on the look out for them!

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[WindJunkie]

Honda of the Avenues, Jacksonville FL. They're my local dealer and have been a long time enemy of mine given how many times over the years I've attempted to give them business but they just suck ass. My friend sent me this on Friday while he was in the service dept. I can see absolutely nothing has changed - they still suck ass

 

[WindJunkie]

There are now over 300 new CTRs for sale nationwide. Back in 2018, the new CTR inventory nationwide hit 400, and in 2019, went over 700.

At the current rate of new units available growing, I predict over 400 new units by end of year available nationwide. Additionally, with borrowing rates higher than they've been in over 10 years, we could see over 500 new units available by Q1 2024. If you're in the market for the FL5 but can wait 6-9 months, you will no doubt have no problem finding the FL5 at MSRP, at least much easier to find than it is now.

In 2019, I bought my first CTR for MSRP, my brother bought his CTR at MSRP, and a close friend of mine bought his at MSRP. That was simply not possible in 2017, and was extremely difficult in 2018. Unless you don't mind losing the money, we are at the threshold of obtaining at MSRP relatively easily come 2024. This is my opinion anyway

I'd like to call out that my prediction here 6 months ago was completely spot on. Today there are nearly 2000 new CTRs available between on dealer lots and in transit. Feels good to know the CTR market as good as I do, it pays off having closely followed it going back to 2017!

 

[Turbonium]

I'd like to call out that my prediction here 6 months ago was completely spot on. Today there are nearly 2000 new CTRs available between on dealer lots and in transit. Feels good to know the CTR market as good as I do, it pays off having closely followed it going back to 2017!

According to other post, that 2000 number is not accurate. And nobody is walking in and getting msrp on the spot, most are waitlisted for years, has connections, or is trading in another vehicle at a loss for msrp.

 

[34631-fk8]

We get em this year. I’m on Voss Hondas list for MSRP since they only sell within the state. Hoping I see a black one soon. Roush does msrp too so I’ll be on the look out for them!

Voss has a black DE5 with 3500 miles on it, in case you're interested.

 

[Dream3r]

Voss has a black DE5 with 3500 miles on it, in case you're interested.

Tbh not a fan of the DE5 just cause it reminds me of the fk8. The natty wide body looks better to me. I also don’t need all the extra comfort stuff it comes with. Just wanna enjoy the car in the summer I got my trusty lil 07 Lexus keeping me good in the winter

 

[WindJunkie]

According to other post, that 2000 number is not accurate. And nobody is walking in and getting msrp on the spot, most are waitlisted for years, has connections, or is trading in another vehicle at a loss for msrp.

Based on relative inventory, now is a significantly better time to buy vs July. There is easily well over the July number of 400 in inventory. There are at least 600 new CTRs available on dealer lots (50% increase in 6 months) not to mention the in transit units. Another thread debating accuracy is moot, it’s all relative, and inventory is unquestionably better now vs July

 

[JCZ5]

By the end of the summer, I suspect you can easily get one between MSRP and $2-3K over. And with easing of Euro 7 emissions, I also think Honda will sell beyond 2025

 

[Bowiereefer84]

I only wanted a black one and found one in transit at my nearest dealer. They told me about it before it even popped up on motoring obsession. I put a refundable deposit of $1,000. The deal is $4k ADM and the $499 dealer fee. I’m a repeat customer at this dealer. No other extra costs. This is in Maryland. I saw the latest shipping info and seeing the numbers for black type r models I can live with it. I’m in Maryland.

In my search I also found Jim Coleman Honda in Clarksville, MD now has TWO white ones. A 23 and a 24. I was messaging with a “fb salesman” for the last couple months and he said $3k (on the 23) over this past week in our messages, but no clue if he can actually deliver on that. He said once the 23 sells they’ll be $7,500 to $15,000 over on their ‘24. I’m not a fan of that dealer and didn’t want white. Someone may want to jump on this if interested.

 

[I used to vtec]

I only wanted a black one and found one in transit at my nearest dealer. They told me about it before it even popped up on motoring obsession. I put a refundable deposit of $1,000. The deal is $4k ADM and the $499 dealer fee. I’m a repeat customer at this dealer. No other extra costs. This is in Maryland. I saw the latest shipping info and seeing the numbers for black type r models I can live with it. I’m in Maryland.

In my search I also found Jim Coleman Honda in Clarksville, MD now has TWO white ones. A 23 and a 24. I was messaging with a “fb salesman” for the last couple months and he said $3k (on the 23) over this past week in our messages, but no clue if he can actually deliver on that. He said once the 23 sells they’ll be $7,500 to $15,000 over on their ‘24. I’m not a fan of that dealer and didn’t want white. Someone may want to jump on this if interested.

I think you can do better than 4.5k over MSPR right now, personally. I'm putting in zero legwork and I'm having dealers I reached out to previously messaging me about sitting CTRs and several have gone <5k ADM without me even negotiating. I imagine if you show up in person to a [reasonable] dealer that has been sitting on one for a bit, 2-3k ADM shouldn't be terribly difficult.

 

[callmedh]

A dealership in the Atlanta Georgia area has a championship white coming in. MSRP + $5000 ADM + $1144 accessory package that they put on every car on their lot. Call Joe Headley at 404-784-1150 and tell him David sent you.

There was one deal that did not go smoothly, but they seem to be back on track with selling at the stated deal.

I've been told that the car is on the lot, and they have dropped the ADM to $3000.

 

[TO_FL5_CW]

I think you can do better than 4.5k over MSPR right now, personally. I'm putting in zero legwork and I'm having dealers I reached out to previously messaging me about sitting CTRs and several have gone <5k ADM without me even negotiating. I imagine if you show up in person to a [reasonable] dealer that has been sitting on one for a bit, 2-3k ADM shouldn't be terribly difficult.

I keep reading similar comments from a very small group of people and it’s hard to believe lol. Majority still can’t get less than 5-8K ADM.

 

[JPoole]

I was able to get a CW '24 from Economy Honda in Chattanooga, TN for sure $1600 over MSRP plus their already added permaplate coating. Doc fees were a little high at $750 too but it was a smooth transaction. Salesman said they had 2 more inbound and wanted to move inventory. This was one of the first sane comments I'd heard come from a salesperson concerning these cars. Guy's name was Kyle Cheatham if anyone wants to inquire about the inbounds.

 

[tingli107]

I was able to get a CW '24 from Economy Honda in Chattanooga, TN for sure $1600 over MSRP plus their already added permaplate coating. Doc fees were a little high at $750 too but it was a smooth transaction. Salesman said they had 2 more inbound and wanted to move inventory. This was one of the first sane comments I'd heard come from a salesperson concerning these cars. Guy's name was Kyle Cheatham if anyone wants to inquire about the inbounds.

How much was their permaplate coating? It might as well be ADM cause literally it's just spray on garbage. I'm seeing a lot of dealers advertising these coating/protection packages instead of ADM.

 

[Clark_Kent]

How much was their permaplate coating? It might as well be ADM cause literally it's just spray on garbage. I'm seeing a lot of dealers advertising these coating/protection packages instead of ADM.

Anything above MSRP, sans documentation fee, is ADM, period. The dealership can frame it however they'd like, and people can try to justify it as "something I would've bought anyway", but it's ADM.

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