We have 4 type r available

[Jester04]

As long as peoples 401k’s are strong and home prices are elevated they have comfort in spending money. If either shoe drops it’ll come tumbling down. Home prices would be worse because anyone who owes big and is getting close to being upside down in their mortgage will offload second homes or investment properties.

Can’t wait for that, got money saved up for buying land. Just hoping for better prices.

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[VarmintCong]

By that logic, I suppose one could say the Type R is a recycled model from 2017 and that car was significantly cheaper.

in 2017 or 2023 dollars? Cause one's worth about 30% less than the other.

 

[VarmintCong]

Your post inspired me to look it up, and interestingly, in 2022 in response to inflation, the Fed stopped quantitative easing (printing money) and switched to quantitative tightening.

https://www.richmondfed.org/publications/research/econ_focus/2022/q3_federal_reserve

But the economy has been more resilient than expected so it seems inflation has been tough to bring down, although it's come down quite a bit from last year.

All this doesn't change the situation for us though.

The extreme car prices has more to do with Washington's response to the Covic crisis - and much of that stimulus is still ongoing in 2023. For 2-3 years now, people didn't' have to pay their rent, didn't have to pay their student loans, small business owners got millions each in loans which were 99% forgiven, plus all the free money they got - and all that demand stimulus was combined with vehicle shortages.

It's like if I gave you a million dollars last year, and nothing this year - yeah, you didn't get any more money, but there's a good chance you still have some of that cash left and might be spending more than usual.

 

[VarmintCong]

As long as peoples 401k’s are strong and home prices are elevated they have comfort in spending money. If either shoe drops it’ll come tumbling down. Home prices would be worse because anyone who owes big and is getting close to being upside down in their mortgage will offload second homes or investment properties.

When interest rates were 0% and home equity loans were 3%, people did take equity out of their homes and spend it. But that's probably not happening much now with home equity loans at 8%.

But like I said, people still have a lot of the cash they took out of their homes sitting in the bank. It takes time to burn through trillions in excess cash.

 

[TDC50]

Can’t wait for that, got money saved up for buying land. Just hoping for better prices.

Same strategy here as well. Patience is key………well except for buying a Type R of course

 

[Jester04]

Same strategy here as well. Patience is key………well except for buying a Type R of course

lol true! Type R is life

 

[chaudhrysarmad]

They are all 24 models and they want 7k over for them

I'm confused on something. you got 4 2024 Type Rs that aren't listed on the website and are likely the only 2024s in the country?

or are these incoming units that will land at a later date?
[/QUOTESo

I'm confused on something. you got 4 2024 Type Rs that aren't listed on the website and are likely the only 2024s in the country?

or are these incoming units that will land at a later date?

So far on Honda Japan website it’s clearly posted that they have suspended the so called further more orders of FL5. Due to supply-chain shortages.
curious whether there will be any 24 model year or not.

 

[KidIcarus]

So far on Honda Japan website it’s clearly posted that they have suspended the so called further more orders of FL5. Due to supply-chain shortages.
curious whether there will be any 24 model year or not.

That' old news, they didnt suspend production, they just stopped taking new orders in Japan.

 

[Clark_Kent]

So far on Honda Japan website it’s clearly posted that they have suspended the so called further more orders of FL5. Due to supply-chain shortages.
curious whether there will be any 24 model year or not.

That exact note or a similar one has been on the Honda Japan website for months.

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