2023 Civic Type R Waitlist / Deposit / Reservations List - Check in here!

[RoidRage]

After calling 7 dealerships in the houston area, found one taking reservations that will charge only MSRP, TTL, AND any dealer installed accessories. Is the last part where they can tack on a lot of money? First time buying a new car so I’m not sure what to expect.

Dealer installed accessories is where they will markup things like tints for $1000 etc etc.

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[Tickle]

After calling 7 dealerships in the houston area, found one taking reservations that will charge only MSRP, TTL, AND any dealer installed accessories. Is the last part where they can tack on a lot of money? First time buying a new car so I’m not sure what to expect.

Very nice. It's possible they could mark up the accessories like crazy but hopefully you'll be fine.

We for example added accessories to our vehicles in the past but really nothing too crazy.

If possible ask them if you can add the accessories you want. You can likely get a head start researching on the 22 Honda accessory guide. They you'll at least get accessories you're interested in.

I've done the same. Now obviously there will be Type R specific ones that Honda will show us sooner than later.

 

[nowaytoescape]

I’m honestly about to wait to get this car until more MSRP only dealerships appear or I see how they do used in two years. I know multiple Ford dealerships (new Mustang coming soon) that sell for MSRP and I’ve seen my share of Acura dealerships selling at MSRP. I’m just about to get a Mustang, Integra, or TLX while the market is like this. I would mention the new Accord but the Civic is hard enough trying to get in non-Si and non-Type-R trims.

 

[Tickle]

I get it.

Over MSRP hurts... There is no doubt. However 2017 FK8s are out there for what... 40k with 30-40k miles. MSRP on them back then was 35,7xx or the like. So the return on it is strong. It is part of the reason why I want to get one.

 

[tuhroo]

realistically these days, you won’t touch this car without paying a bump unless you’re locked in as a “vip” somewhere. By now, if you’re not on a list at an msrp dealer you won’t get one for a while. The hype, the lack of new cars, the fact more people want the car than cars are being built is a huge factor.

 

[TypeSiR]

With the looming recession and higher interest rates, anyone buying the FL5 to flip for profit is just gambling. The car market will normalize and the used market might actually tank. And then there’s the chance of layoff. For reference, FK8 private sale (used) price was around 33k-35k before the pandemic.

The market will normalize. Have an emergency fund and then buy what you can afford with the spare cash.

 

[RoidRage]

With the looming recession and higher interest rates, anyone buying the FL5 to flip for profit is just gambling. The car market will normalize and the used market might actually tank. And then there’s the chance of layoff. For reference, FK8 private sale (used) price was around 33k-35k before the pandemic.

The market will normalize. Have an emergency fund and then buy what you can afford with the spare cash.

You can't assume all cars are equal. Because rates are up and the used marker does crash, do you assume cars like the MK4 supra values will plummet? GT3 RS? SVJ?

Assuming the FL5 is indeed signiftncally more limited than the FK8 and is the LAST ICE R, using the FK8 as your refence is not accurate, they aren't 100% correlated in price action. Probably are mutal exclusive from each other IMO.

Time will tell, but price action for specific models eb and flow differently.

 

[ctbear]

I put $1000 down at a local dealership to get the #1 spot. I committed to a markup to secure this deal but I have a feeling that the market is going to be crazy when they actually start showing up. Probably $15-$20K markup all over the place so what I committed to won't be as bad.

How much markup is your dealer talking? I'm in WA as well and am curious.

 

[tacthecat]

I didn’t see any asterisk or fine print . ... 'No car on our lot at David McDavid Honda Frisco will carry a market adjustment.... remainder of 2022 ..'

They told the truth - there are 0 Si's and NO CTR's on "our lot"
Damn good wordsmith!

 

[TypeSiR]

You can't assume all cars are equal. Because rates are up and the used marker does crash, do you assume cars like the MK4 supra values will plummet? GT3 RS? SVJ?

No, I’m assuming 98% of users on this board aren’t cross-shopping between Supra/GT3 RS/SVJ and the FL5. There’s always the 2% outliers. Let’s not assume FL5 and GT3 RS are in the same league. The market will normalize and FK8 and FL5 prices will revert to the mean.

 

[RoidRage]

No, I’m assuming 98% of users on this board aren’t cross-shopping between Supra/GT3 RS/SVJ and the FL5. There’s always the 2% outliers. Let’s not assume FL5 and GT3 RS are in the same league. The market will normalize and FK8 and FL5 prices will revert to the mean.

My examples arent for cross shopping purposes they are to highlight models that won't be impacted by used car market downturn.. s2k, evo 10 LE, R32 MK4, R32 MKV, S209, Focus RS ETC ETC. You are assuming limited in demand models move in the same curve as a Hyundai accent? That's not how the car market works. I would agree the FK8 won't meet my examples appreciation values. But I 100% believe rhe FL5 will. Noramy once these cars hit new highs, they tend to retain and continue to move up.

 

[Chuira041]

I live in Toronto and I placed a $1k CAD deposit for the FL5 Type R at the dealership 2 weeks ago. Having heard of the news of the super limited quantity of the Type R in Canada(546 Units), how is my chance at getting the delivery of the car early next year?

 

[Tickle]

You guys are throwing a lot at this. I'll join in. I don't take myself too serious but I do think I have some stuff to offer.

If we could predict the market we would all be quite wealthy.

I really like and respect Honda. I want the Type R... Not to flip but to either enjoy it for a few years and sell it... Losing little. Or to keep forever because it's probably going to be that good. I'm sure all you guys will be modifying them and all that. Mine will remain stock with Honda genuine accessories. It'll be a daily driver until it isn't. The fee maintenance for 2 years 24,000 miles doesn't hurt either. . That isn't a lot but it doesn't hurt the cause. (This is on all '23 Hondas for those who are not aware)

I think the FK8 and EL5 will be able to exist quite well together. I feel like the styling is different enough to appeal to a broader base than the FK8 alone. I love the FK8 but the styling isn't for me. I couldn't own one for that reason. The EL5 isn't just acceptable for me. I actually really like it. I'm not the only one and I'm confident there are many that are the opposite of my tastes.

The used car market isn't going to fall out. It just isn't going to happen. It would take 2019+ levels of new car inventory. I'll be shocked if that happens. Manufactures and the dealer body have seen the benefit of running leaner with less incentives.

Cars are not just sold above MSRP. A practice I think manufactures will start to clamp down on more aggressively.

They are presold or agreed upon months in advance. Regular ass CR-Vs and Ridgelines.

I could go deeper into this but do know that right now the use car market is heavily impacted by Hertz and Enterprise and other fleet companies. If dealers can't get enough new cars then neither can they and they will purchase vehicles at the auction with less than 40k on them for big money.

 

[kevinh]

I didn’t see any asterisk or fine print . But when I called, the sales guy I spoke too said something along the line of “Ahh I hate when they send those emails out…it always causes issues” and then preceded to tell me the Si and CTR will have a mark up. The CTR being a higher mark up due to the “rarity” yada yada yada.


Before you resume shopping, a quick note from the General Manager.
As we embark into the second half of the year, I hope you had a blessed year so far. It has come to my attention many local dealerships are adding market adjustments to their vehicles, significantly increasing their price. No car on our lot at David McDavid Honda Frisco will carry a market adjustment.

Many prefer fresh starts, and it's not too late to do so even as we head into the final part of the year. Please reach out to a team member if you are looking to enjoy the remainder of 2022 in a new vehicle. We have one of the Dallas/Ft Worth metroplex's most extensive inventories and a stellar customer service-driven team to answer your vehicle-related questions.

Use the links below to find your next ride.

New car, new you.

Value your current vehicle.
Shop all pre-owned selections.
Shop new Honda vehicles.

Best,
Sonia Heredia
General Manager
David McDavid Honda Frisco”

Yessir.

I got an email the other day from one of the biggest Honda dealers in DFW touting how they “will not” charge ADMs on any car that leaves their lot.

Me: Oh really

Them: Oh…that email, that was for all our cars accept the Type R and Si. Those we are going to charge $5-10K + on.

Me: Hmmm…that’s not what your email said

I actually went in and spoke to Honda Frisco was told to expect 15-20k mark up. Honda of McKinney told me the same thing.

 

[kevinh]

Thank you for reaching out to American Honda. We want to thank you for providing us the opportunity to respond to your message.
Unfortunately, we are not able to give that information. You as the customer may call around to your local dealerships and ask about the prices. Also, I have to advise that the dealerships are privately owned and operated, the dealerships make the price adjustments from the MSRP.

Sincerely,
American Honda Motor Co., Inc.



This is what Honda sent me when I asked them if they know of any dealers selling MSRP or close in DFW.

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