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General => General discussion => Topic started by: ash_rage on 12 January 2023, 12:49

Title: The Type R that you can’t buy
Post by: ash_rage on 12 January 2023, 12:49
Honda make me laugh, loads of marketing and promotion of the new 2023 Type R (FL5)

Basically it’s impossible to get.

Honda only sent 194 to the UK and plan to send a few more in March and that’s our lot until 2024…

They sent 2000 to America and Japan had 2000. Seems like they only really care about the US and Japanese markets, in the UK dealers have back logs of people with deposits down, my local dealer has 15 people. They were sent… one! In America dealers have cars available to buy and in some cases have marked up prices by $20k

Title: Re: The Type R that you can’t buy
Post by: jaceyboy on 12 January 2023, 17:00
I would not touch one at £47k!!
Title: Re: The Type R that you can’t buy
Post by: Exonian on 12 January 2023, 18:05
I would not touch one at £47k!!

That is probably the reason Honda didn’t send very many to the UK.
The price is eye watering especially considering the relative good value the previous Type R’s were so Honda probably thought demand would be low.
The thing is a lot of car enthusiasts seem to have a hell of a lot of disposable income and there are a lot of people that love fast Hondas. Maybe Honda UK misjudged it or maybe the factory called the shots.

Not a million miles away from me is an importer of JDM cars bought directly from auction in Japan and shipped to the UK.
The prices of some of these cars are very high but they don’t struggle to sell them.
As a VW person it all goes over my head but there’s definitely money in it and people are happy to pay the high prices for what I’d consider an inferior product in many cases.
A colleague of mine is very in to JDM stuff and the cars are certainly not ultra reliable, he’s had a number of issues with cars he’s bought from the importer (torqueGT), the worst being head gasket failure on a Subaru which wasn’t a straight forward fix due to the JDM engine being lower cubic capacity than the Euro spec engine which meant specialist parts needed sourcing (big £££)


Anyway, my point being people will pay the money if there’s enthusiast demand and car enthusiasts are weird.

Title: Re: The Type R that you can’t buy
Post by: ash_rage on 12 January 2023, 18:56
I would not touch one at £47k!!

That is probably the reason Honda didn’t send very many to the UK.
The price is eye watering especially considering the relative good value the previous Type R’s were so Honda probably thought demand would be low.
The thing is a lot of car enthusiasts seem to have a hell of a lot of disposable income and there are a lot of people that love fast Hondas. Maybe Honda UK misjudged it or maybe the factory called the shots.

Not a million miles away from me is an importer of JDM cars bought directly from auction in Japan and shipped to the UK.
The prices of some of these cars are very high but they don’t struggle to sell them.
As a VW person it all goes over my head but there’s definitely money in it and people are happy to pay the high prices for what I’d consider an inferior product in many cases.
A colleague of mine is very in to JDM stuff and the cars are certainly not ultra reliable, he’s had a number of issues with cars he’s bought from the importer (torqueGT), the worst being head gasket failure on a Subaru which wasn’t a straight forward fix due to the JDM engine being lower cubic capacity than the Euro spec engine which meant specialist parts needed sourcing (big £££)


Anyway, my point being people will pay the money if there’s enthusiast demand and car enthusiasts are weird.

Tbh I love Hondas . I would have one and replace my CUPRA even at £47k but I can’t get one. My name has been down with a deposit for a while but I’m told there is no chance.

Talking of what people will pay … look what these guys are doing!   https://www.prestigecarskent.co.uk/used-cars/15530077-honda-civic-2.0%20vtec%20turbo%20type%20r%205dr/?finances%5Bdeposit%5D=1000&finances%5BproductName%5D=Personal%20Contract%20Purchase&finances%5Bterm%5D=36&finances%5BproductType%5D=Personal%20Contract%20Purchase&finances%5BannualMileage%5D=10000&finances%5BpercentageDeposit%5D=
Title: Re: The Type R that you can’t buy
Post by: Exonian on 12 January 2023, 19:35
Christ!
Takes me back to the Clubsport S days.
Title: Re: The Type R that you can’t buy
Post by: Watts on 12 January 2023, 20:46
Talking of what people will pay … look what these guys are doing!   https://www.prestigecarskent.co.uk/used-cars/15530077-honda-civic-2.0%20vtec%20turbo%20type%20r%205dr/?finances%5Bdeposit%5D=1000&finances%5BproductName%5D=Personal%20Contract%20Purchase&finances%5Bterm%5D=36&finances%5BproductType%5D=Personal%20Contract%20Purchase&finances%5BannualMileage%5D=10000&finances%5BpercentageDeposit%5D=

And they charge a £192 admin fee! For what??!
Title: Re: The Type R that you can’t buy
Post by: ash_rage on 12 January 2023, 22:24
Talking of what people will pay … look what these guys are doing!   https://www.prestigecarskent.co.uk/used-cars/15530077-honda-civic-2.0%20vtec%20turbo%20type%20r%205dr/?finances%5Bdeposit%5D=1000&finances%5BproductName%5D=Personal%20Contract%20Purchase&finances%5Bterm%5D=36&finances%5BproductType%5D=Personal%20Contract%20Purchase&finances%5BannualMileage%5D=10000&finances%5BpercentageDeposit%5D=

And they charge a £192 admin fee! For what??!

For being scumbags? 
Title: Re: The Type R that you can’t buy
Post by: Harry Goldenblatt on 19 January 2023, 22:02
Honda make me laugh, loads of marketing and promotion of the new 2023 Type R (FL5)

Basically it’s impossible to get.

Honda only sent 194 to the UK and plan to send a few more in March and that’s our lot until 2024…

They sent 2000 to America and Japan had 2000. Seems like they only really care about the US and Japanese markets, in the UK dealers have back logs of people with deposits down, my local dealer has 15 people. They were sent… one! In America dealers have cars available to buy and in some cases have marked up prices by $20k. That is why I finally decided to get 2014 Toyota Camry on https://abetter.bid/en/car-finder/type-automobiles for some 4000 dollars.
Honda has always been prioritizing the American and Japanese markets unfortunately. But the new Type R is definitely worth all the pain related to its purchase.
Title: Re: The Type R that you can’t buy
Post by: jaceyboy on 20 January 2023, 10:21
I just wonder what my parents Toyota Supra Twin Turbo UK is worth now, 52,000 miles, if a Civic costs £55k :undecided:
Title: Re: The Type R that you can’t buy
Post by: Exonian on 21 January 2023, 21:43
Just to put the price of the FL5 into perspective, here’s what a VW milk float costs nowadays


(https://i.postimg.cc/mgZKXbXf/407-A9569-ACCC-4968-8-E3-D-670-ABCEB7-D98.jpg) (https://postimg.cc/bsM6djf3)

 :rolleyes:


I just wonder what my parents Toyota Supra Twin Turbo UK is worth now, 52,000 miles, if a Civic costs £55k :undecided:

Probably quite a bit a they have a good following. A Guy I work with has two modified Supras which he’s owned for years and years, people spend decent money on them.

the new Type R is definitely worth all the pain related to its purchase.
Do you have personal experience of the FL5 CTR?
I’m genuinely interested.
Wondering what makes you say that.
I’ve never been slightly interested in CTR’s until the previous generation which I have huge respect for and I even love the video game styling.
High revving NA was never my thing (best left for bikes which aren’t towing 1 tonne plus of weight) but a 315PS Turbo mated to a lithe chassis, slick manual ‘box and buckets pricks my ears up a bit.

A mate of mine has a JDM Civic which I’ve been out in before so I’m not totally unfamiliar with them.
Title: Re: The Type R that you can’t buy
Post by: ash_rage on 23 January 2023, 11:57
Honda make me laugh, loads of marketing and promotion of the new 2023 Type R (FL5)

Basically it’s impossible to get.

Honda only sent 194 to the UK and plan to send a few more in March and that’s our lot until 2024…

They sent 2000 to America and Japan had 2000. Seems like they only really care about the US and Japanese markets, in the UK dealers have back logs of people with deposits down, my local dealer has 15 people. They were sent… one! In America dealers have cars available to buy and in some cases have marked up prices by $20k
Honda has always been prioritizing the American and Japanese markets unfortunately. But the new Type R is definitely worth all the pain related to its purchase.

The US is a priority now but wasn’t always, remember the FK8 was the first Type R to be available there, prior to that all they had for a performance version of a Civic was the Si

Have you managed to a get a FL5?
Title: Re: The Type R that you can’t buy
Post by: fredgroves on 24 January 2023, 09:07
Just to put the price of the FL5 into perspective, here’s what a VW milk float costs nowadays

I think some people here are still locked in the world circa 2013 where a performance golf cost 25k...

Even a bog standard Sandero is £13k now and the MG4 BEV starts at £26k.
Title: Re: The Type R that you can’t buy
Post by: Watts on 24 January 2023, 10:42
Just to put the price of the FL5 into perspective, here’s what a VW milk float costs nowadays

I think some people here are still locked in the world circa 2013 where a performance golf cost 25k...

Even a bog standard Sandero is £13k now and the MG4 BEV starts at £26k.

Problem is, like many others, my pay is still locked in the world circa 2010....
Title: Re: The Type R that you can’t buy
Post by: jaceyboy on 24 January 2023, 15:13
Quote

Problem is, like many others, my pay is still locked in the world circa 2010....

Exactly
Title: Re: The Type R that you can’t buy
Post by: Exonian on 24 January 2023, 17:58
Quote

Problem is, like many others, my pay is still locked in the world circa 2010....

Exactly

Ditto

Instead of an inflation matching pay rise we were given bugger all and I was told my pay grade is going so will be losing 20% plus pay.
Thanks Mr Chairman who pocketed hundreds of thousands in bonuses for underperforming spectacularly.
And so we went on strike, and now I’ve been losing 40% pay instead.
 :rolleyes:

Just as well I picked up my CS with a decent discount when I did as my contribution to the economy will be naff all for the foreseeable with current wages versus pricing.
Title: Re: The Type R that you can’t buy
Post by: fredgroves on 24 January 2023, 20:44
Oh don't get me wrong I've been whacked with the same under inflation pay rises too... and funnily enough a board who have had multi year inflation busting rises...

Here is an interesting page on the car inflation subject:

https://www.moneybarn.com/carflation/

The Golf is only 25th on that list  :grin: :grin:
Title: Re: The Type R that you can’t buy
Post by: Exonian on 25 January 2023, 15:42
Admittedly I’m not wearing my Poundland reading glasses (times are hard! 😁) so I’m squinting like a shipwrecked sailor trying to make out if that black dot on the horizon is a ship… but I can’t see the Honda Civic in that list.
Now, the outgoing FK8(?) CTR was a relatively good value car but surely these new FL5(?) Civics should see that model bunny hop straight into that list near the top end.
Title: Re: The Type R that you can’t buy
Post by: fredgroves on 26 January 2023, 08:57
Now, the outgoing FK8(?) CTR was a relatively good value car

I'm not sure it was actually - I looked while I was trying every possible permutation before my Mk8...

It was more list price, less discount and terrible PCP figures - which reflect depreciation.

Maybe they are popular cars with petrol heads because the price crashes when they are second hand?
Title: Re: The Type R that you can’t buy
Post by: jaceyboy on 26 January 2023, 14:13
Also.....£47k and no heated seats :grin: :grin: :grin:
Title: Re: The Type R that you can’t buy
Post by: Exonian on 26 January 2023, 18:15
 :grin: :grin: Type R owners are far too badass for seats that give them a warm arse!


Fred, to be honest I’ve never really looked closely at CTR prices but assumed they’d be low thirties.
It was more the general (and justified)  :shocked: :shocked: horror of the base price going up to £47k often quoted as a circa £10k rise that I tuned into.
Were the FK8(?) models around the same list price as a GTI Clubsport mk8?
Title: Re: The Type R that you can’t buy
Post by: fredgroves on 27 January 2023, 13:49
Were the FK8(?) models around the same list price as a GTI Clubsport mk8?

(2021) Prices start at £34,415 for the Type-R. The Sport Line costs from £35,400 and the GT from £36,415.

So yes, a 10k hike on the GT.

Was pretty much Mk8 clubby price and as I said the discounts were zero and the PCP terrible.

Which as it turns out is less of a problem now - one would probably sell second hand for upwards of 32k... hindsight is a wonderfu thing  :whistle:
Title: Re: The Type R that you can’t buy
Post by: Exonian on 27 January 2023, 18:15
Yes, hindsight is indeed wonderful!  :grin:
Title: Re: The Type R that you can’t buy
Post by: Exonian on 01 February 2023, 18:10

(https://i.postimg.cc/Wz6PjW5M/938-B7-E28-24-D9-410-F-905-A-C2475-EA3-DBD1.jpg) (https://postimg.cc/K3zWDNSz)


Good job there’s not a recession going on
Title: Re: The Type R that you can’t buy
Post by: Exonian on 11 February 2023, 21:37
PH seem to like it

https://youtu.be/u0MRmN9-lWI