Rollout of the FL5 and the Big Tease - Decreasing want for this car?

[Boostlag]

I want a hot hatch badly. The Civic just looks the best out of all the offerings currently. If I stepped outside of the hot hatch segment then I would say the new Mustang GT or something I can do off-roading in would be my next consideration. Bronco, more than likely.

Should try the gti. You can get the base for under msrp in the low 30s and come standard with a torque vectoring diff. Also pretty quick out of the box and quicker than a e92 m3 with unitronic.

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[nowaytoescape]

Should try the gti. You can get the base for under msrp in the low 30s and come standard with a torque vectoring diff. Also pretty quick out of the box and quicker than a e92 m3 with unitronic.

I thought about the GTI cause I wanted a MK7.5 but the buttons being the way they are turned me away. Plus I couldn’t find any MK8’s SE (I think that’s the trim name) trims for under $40k at one point.

 

[Clark_Kent]

I'm not deterred at all by the limited supply and ADMs. I'm willing to be very patient on this one and wait it out. It might be 6 months from now or 18 months, I'll eventually get one.

 

[JBO]

Update. GS-F is out.
Deposit paid on CTR.

 

[ElDuder]

Unless Honda decides to make many more FL5s than the announcements so far, this car is never going to be widely available.
The factory where they're made said earlier that it can produce 480 FL5 per month, for the whole world. The product life span has been announced as 3 years. So, 480x36=17,280 cars. The US got about 60% of the FK8s produced from 2017-2021. If the FL5 is the same, that's a little over 10,000 bound for the US. Over 3 years. Around 3,500/year.
For comparison, about 22,000 Fk8s were sent to the US. The time frame was a just little over four years because it started late in 2017 and 2020 was cut way back for COVID. Still, that's a a little over 5,000/year.
How many FK8s did you ever see just sitting on a lot? I saw one.
I won't pay the crazy numbers that dealers are asking right now. That probably means I'll never own one. I'll just have to live with my 2021 FK8.

Solid wall of speculation, thanks. Unless someone works for Honda bringing hard facts anything anyone says is worthless.

 

[Rhorn]

If used, low mileage FK8s weren't going for $40k-$50k then I'd consider it, but getting the new FL5 for around $50k is almost a steal. Used FK8s are ridiculously high and imo theres honestly no reason to get one with the FL5 being around the same price, its not like you are getting a deal on an FK8.

If used FK8s were alot reasonably priced (~$35k) I'd just get that instead and then trade it on for whenever the last model year FL5 comes out but thats not reality.

 

[TeslaHonda]

If used, low mileage FK8s weren't going for $40k-$50k then I'd consider it, but getting the new FL5 for around $50k is almost a steal. Used FK8s are ridiculously high and imo theres honestly no reason to get one with the FL5 being around the same price, its not like you are getting a deal on an FK8.

If used FK8s were alot reasonably priced (~$35k) I'd just get that instead and then trade it on for whenever the last model year FL5 comes out but thats not reality.

List price in the used market is a bit of a different beast though. Much more prone to negotiation than new. My guess is most of those are selling for at least 10% under list.

 

[Tickle]

List price in the used market is a bit of a different beast though. Much more prone to negotiation than new. My guess is most of those are selling for at least 10% under list.

I disagree.

A dealer will look to try to be competitive with the market or even the best priced one in the market if aged long enough. However to think they'll just take thousands off (4-5k in your example) at which point most likely losing money (because people don't just give dealers their Type R) on the transaction when the market says not to do that... Probably will not happen.

I would equate that scenario to equal or less likely than finding an FL5 for MSRP in the states.

 

[Rhorn]

List price in the used market is a bit of a different beast though. Much more prone to negotiation than new. My guess is most of those are selling for at least 10% under list.

I wish that was true for me. The exact opposite happens from my experience. Dealerships will bait and switch, so they list the car low, and when you actually come in the car is actually 5%-15% more. All of the dealerships told me their FK8s were still selling for $45k - $50k which is stupid when I was calling about getting one.

I'd rather pay over MSRP for a brand new car than a molested used car

 

[CTR]

Doesn’t the FK8 win from a roll race though?! Instantly a better car.

 

[CyberCTR]

I wish that was true for me. The exact opposite happens from my experience. Dealerships will bait and switch, so they list the car low, and when you actually come in the car is actually 5%-15% more. All of the dealerships told me their FK8s were still selling for $45k - $50k which is stupid when I was calling about getting one.

I'd rather pay over MSRP for a brand new car than a molested used car

But are they actually selling for that much?

Side note: Noticing a lot more listings for FL5's pop up on CarGurus. Might mean that those cars are finally close to making it to the stealerships.

 

[Rhorn]

But are they actually selling for that much?

Side note: Noticing a lot more listings for FL5's pop up on CarGurus. Might mean that those cars are finally close to making it to the stealerships.

Yes they are unfortunately. Its part of the reason why the FL5 CTRs have just crazy markups. The market here for the CTR is just absurd. If the car wasn't one of the best all-in-one cars I'd look elsewhere. The updated styling of the FL5 made me want to get one

 

[ssheff55]

But are they actually selling for that much?

Side note: Noticing a lot more listings for FL5's pop up on CarGurus. Might mean that those cars are finally close to making it to the stealerships.

2020 red FK8 with 15-20k miles sold for $52k this summer at one of my local dealers. INSANITY.

 

[Boostlag]

2020 red FK8 with 15-20k miles sold for $52k this summer at one of my local dealers. INSANITY.

people often make irrational exuberant decisions like tulip mania, housing collapse, tech bubble, cryto crash and now coming liquidity crisis.

 

[arsing116]

T

But are they actually selling for that much?

Side note: Noticing a lot more listings for FL5's pop up on CarGurus. Might mean that those cars are finally close to making it to the stealerships.

There’s a BB 21’ FK8 by me in Michigan with 2,200 mi on it going for $50.5k.

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