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[TypeRD]

It's crucial to emphasize that many enthusiasts, myself included, indeed place great importance on the differentiation between the 2023 and 2024 models…

The reasoning behind this preference is not solely about the 'newness' factor but also the potential improvements made by Honda under the hood. Many parts may appear identical and function similarly, but it's a common practice for manufacturers to supersede and update components, addressing hidden quirks and issues. Consequently, the 2024 model might hold unexpected advantages that make it a more appealing choice for enthusiasts like us.

This is true. Manufacturers make running changes to parts (even when there isn’t an official model change). As you said, sometimes they do this to fix small quirks and things of that nature. These minor updates can occur any time during a production run, regardless of MY. Other times, manufacturers will make minor updates to reduce costs and improve manufacturing efficiencies. This can, in rare cases, be a step backward or create unintended/unforeseen problems. As with most things, it’s still a dice roll.

Still…generally I agree. If given the choice and the price is the same, I’d probably go with the later MY, because newer is usually (but not always) a better dice roll.

I agree with @AspecR. It is very highly unlikely there will be a material difference between 23 and 24 MY ; No refresh. Historically, Honda manufactures new vehicles for ~2 MY’s before a refresh or a total redesign…UNLESS a vehicle is horribly underselling. See the original 9th gen Civic. It was made for 1 MY before they refreshed it. It was BAD.
https://carbuzz.com/cars/honda/civic-9th-gen-fb

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[Howeesp]

Let's clarify that I never suggested or implied that dealers would be 'giving it away,' nor did I insinuate that ADM would miraculously disappear. You may want to re-read the post you were replying to and pay closer attention to what was written.

Let's clarify that I never suggested or implied that dealers would be 'giving it away,' nor did I insinuate that ADM would miraculously disappear. You may want to re-read the post you were replying to and pay closer attention to what was written.

“I highly doubt anyone will be willing to pay any ADM for a '23 at that point.”

 

[1971Camaro]

I have to respectfully disagree with your assessment here. It's crucial to emphasize that many enthusiasts, myself included, indeed place great importance on the differentiation between the 2023 and 2024 models. Even if there's no officially confirmed change between the two years (which, by the way, is still speculative at this point), I'd unquestionably opt for the 2024 model over the 2023 if both come with a $5k ADM, simply because it's the newer option.

The reasoning behind this preference is not solely about the 'newness' factor but also the potential improvements made by Honda under the hood. Many parts may appear identical and function similarly, but it's a common practice for manufacturers to supersede and update components, addressing hidden quirks and issues. Consequently, the 2024 model might hold unexpected advantages that make it a more appealing choice for enthusiasts like us.

I totally agree with you from a technical perspective -- that's true!
Altho, so far, it appears this car doesn't have significant issues (ignoring seat recall and squeaks), so it may be much less of a factor...unless we find out there was an important change. Of course, those who bought early with low badge numbers may eventually have an advantage when reselling... but new-and-improved presumably would be a better ride.

However, let's be honest...
If someone who really wants an FL5 hasn't bought yet, it's most likely due to the ADMs. Therefore, they aren't going to buy a 2024 -- which will certainly continue this ADM mania at least until the 2025 is announced. So, the 2023 is prob going to be the only real chance to get the car near ADM in the immediate future.
Just sayin'

 

[1971Camaro]

Hey all -

I left a question in the wheels/tires discussion thread if you can help me out...

https://www.civicxi.com/forum/threa...en-fl5-civic-type-r.50859/page-16#post-873107

 

[TW00Si]

All valid points. Just to add, the difference in the model year would also likely affect trade in value.

 

[Clark_Kent]

All valid points. Just to add, the difference in the model year would also likely affect trade in value.

That is correct. All things being equal, the newer MY can and typically will fetch a higher value. I would not get hung up on MY23 or MY24. If you're a serious buyer, and I'm not sure everyone here is, you buy the car when an opportunity presents itself. The dealerships still have the leverage here. Regardless of what you read here and what people desire, these cars are not on blowout.

 

[TypeRD]

Exactly @Clark_Kent
I’ve said it before : These aren’t the same thing as run-of-mill Camrys, Malibus, or Altimas sitting on lots that a dealership might have a blow-out sale on. That kind of thing just doesn’t really apply to limited production, performance, “specialty” vehicles. If a dealership has both a 2023 and 2024 FL5 on the lot (same color and accessories), this is maybe the only time one MIGHT be able to get a better deal on the 2023. That’s a pretty specific scenario and one would have to pretty much luck into it at this stage. Otherwise, 100% get the car that is available and financially agreeable to you.

 

[007]

“I highly doubt anyone will be willing to pay any ADM for a '23 at that point.”

Exactly, key words: “at that point”. We are not “at that point” where MY 24 are being delivered.

 

[TW00Si]

I also don’t see dealerships putting themselves in a situation where they have less grounds to negotiate. Given that they know what they will be getting in advance.

 

[Howeesp]

Interesting, was this in SoCal or NorCal? I got at email offer from a Honda dealer at 52,100 without any negotiation. They would be willing to do 51,000 on the spot when I went in and would do 50,500 if I financed through them. This was just this week. Also had another offer of 51k last month on a CW.

NoCal

 

[DRGN]

If a dealership has both a 2023 and 2024 FL5 on the lot (same color and accessories), this is maybe the only time one MIGHT be able to get a better deal on the 2023. That’s a pretty specific scenario and one would have to pretty much luck into it at this stage.

Pretty much what happened for me 2 weeks ago. Got a NY dealership to agree to a 6k markup. I'm not a good negotiator, so I was wondering how the hell they accepted 6k over when they were originally asking 10-15k over. 1 week after I bought mine, the motoringobsession tracker shows that same dealership has 4 new FL5's in transit (not sure if they are MY '24s but still). Seems like they were trying to get rid of my FL5 before then and I just got lucky. Hope others get this kind of experience soon too

 

[Zpeedster M]

Which dealership?

Pretty much what happened for me 2 weeks ago. Got a NY dealership to agree to a 6k markup. I'm not a good negotiator, so I was wondering how the hell they accepted 6k over when they were originally asking 10-15k over. 1 week after I bought mine, the motoringobsession tracker shows that same dealership has 4 new FL5's in transit (not sure if they are MY '24s but still). Seems like they were trying to get rid of my FL5 before then and I just got lucky. Hope others get this kind of experience soon too

 

[DRGN]

Which dealership?

Paragon Honda in Queens, NY. Don't expect them to say yes at first, I only got them to deal with me when I called back after a couple days

 

[kevinh]

Honda of Burleson just reached out to me saying the SGP just arrived they are asking 55k +TTL but said they would be willing to negotiate. For anyone looking for one in North Texas.

 

[MrHugo]

That is correct. All things being equal, the newer MY can and typically will fetch a higher value. I would not get hung up on MY23 or MY24. If you're a serious buyer, and I'm not sure everyone here is, you buy the car when an opportunity presents itself. The dealerships still have the leverage here. Regardless of what you read here and what people desire, these cars are not on blowout.

I agree that the dealer still have leverage on a 5k adm, but not a 20k adm about 6 months ago. The key is the trend, and the trend is clearly declining in dealer mark up. FYI, I have not bough my car yet so you can say I am bias, but I am just looking at the trend and making my prediction.

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