2023 Honda Type R - FL5 availability
Discussion
blz06 said:
It's priced too high for the UK market, in absolute term and comparing to other countries, even though they try to create a sense of scarcity. GRY was such a success partly because of low interest environment, 0%/low APR offered by Toyota so people are willing to hold onto them. Now is a different macro story.
Again there are brilliant used cars at 30k not to mention a round of GR86 incoming no matter how different it is from the CTR.
I think you’re out of touch with the U.K. market in that case, unless your argument is that all cars are too expensive. You can’t just use an exchange rate calculator VS the dollar. Again there are brilliant used cars at 30k not to mention a round of GR86 incoming no matter how different it is from the CTR.
Having come from a C63, the Type R is a bargain in terms of driving experience and the general look and feel of the car.
JAMSXR said:
blz06 said:
It's priced too high for the UK market, in absolute term and comparing to other countries, even though they try to create a sense of scarcity. GRY was such a success partly because of low interest environment, 0%/low APR offered by Toyota so people are willing to hold onto them. Now is a different macro story.
Again there are brilliant used cars at 30k not to mention a round of GR86 incoming no matter how different it is from the CTR.
I think you’re out of touch with the U.K. market in that case, unless your argument is that all cars are too expensive. You can’t just use an exchange rate calculator VS the dollar. Again there are brilliant used cars at 30k not to mention a round of GR86 incoming no matter how different it is from the CTR.
Having come from a C63, the Type R is a bargain in terms of driving experience and the general look and feel of the car.
But Honda doesn't want to sell too many, especially in Europe. Hence the pricng them with healthy margins.
blz06 said:
Well they are now...
But Honda doesn't want to sell too many, especially in Europe. Hence the pricng them with healthy margins.
It’s all relative… Honda doesn’t want to sell too many in Europe as they can’t afford to. The EV quota has essentially doubled this year as in previous years each EV would count 2 x. Miss their quota and there’s a >10% tariff to pay. BMW M3 starts at $75k in North American, but £80k in the U.K… But Honda doesn't want to sell too many, especially in Europe. Hence the pricng them with healthy margins.
They don’t just increase the price, limiting availability is the key. The European stance on ICE is doing that for Honda. It doesn’t help their EV offering is a little thin on the ground.
I hear dealers have their 3rd allocation, price is now at £50,645…
Edited by JAMSXR on Thursday 6th July 09:27
JAMSXR said:
It’s all relative… Honda doesn’t want to sell too many in Europe as they can’t afford to. The EV quota has essentially doubled this year as in previous years each EV would count 2 x. Miss their quota and there’s a >10% tariff to pay. BMW M3 starts at $75k in North American, but £80k in the U.K…
They don’t just increase the price, limiting availability is the key. The European stance on ICE is doing that for Honda. It doesn’t help their EV offering is a little thin on the ground.
I hear dealers have their 3rd allocation, price is now at £50,645…
True..They don’t just increase the price, limiting availability is the key. The European stance on ICE is doing that for Honda. It doesn’t help their EV offering is a little thin on the ground.
I hear dealers have their 3rd allocation, price is now at £50,645…
Edited by JAMSXR on Thursday 6th July 09:27
Is 50,645 the new OTR price? Effective from when?
I got offered an allocation from my local dealer. Honda Dunfermline. I was third on the list apparently. So was nice to hear from them. I declined. £50650 for a type R is just too much. And judging by the twenty odd for sale on AT. If I had one I’d be getting rid pronto as another 100 are about to turn up in the UK in the next few months.
st33ly said:
I got offered an allocation from my local dealer. Honda Dunfermline. I was third on the list apparently. So was nice to hear from them. I declined. £50650 for a type R is just too much. And judging by the twenty odd for sale on AT. If I had one I’d be getting rid pronto as another 100 are about to turn up in the UK in the next few months.
I think most owners are intending to keep them, and virtually all cars depreciate. It is funny that a few dealers/individuals tried to jump on the flip bandwagon and are no doubt regretting it! Serves them right. I would by mine twice over, even for £50k, you’re gonna struggle to get anything (new) remotely as engaging as the Type R.
ChrisW. said:
But £50k is such a lot compared to the Toyota GR86 ... and then there are the RFL costs for cars over £40k, when the FK8 is a very good secondhand buy ?
No doubt the GR is a great car, but the Type R is on another level in my opinion. Horses for courses. I was looking at the Caymen, M3, and RS3 as alternatives. The Honda was the cheap option. JAMSXR said:
ChrisW. said:
But £50k is such a lot compared to the Toyota GR86 ... and then there are the RFL costs for cars over £40k, when the FK8 is a very good secondhand buy ?
No doubt the GR is a great car, but the Type R is on another level in my opinion. Horses for courses. I was looking at the Caymen, M3, and RS3 as alternatives. The Honda was the cheap option. ChrisW. said:
But isn't that the thing ? The Honda is suddenly pushed up into a higher class ... But is it so much better than the previous model FK8 that was more comparable in price to Toyota ?
Fair point, I don't think it’s much better when it comes to the driving experience. Coming from M and AMG, the step up in interior and exterior quality was definitely worth it. I’m not a fan of the FK8 styling but that’s totally subjective.I’m pretty sure if you factor inflation and the cost of materials it’s not hugely more expensive than the FK8.
The talks of regarding the fl5 as a FWD gt3 touring are probably not exaggerating.
But of course it takes a lot for a brand to up market, especially Honda once again was late to the party and arriving during a rate hike cycle.
The car will keep its value well. I struggle to see Honda flooding UK and EU with volume.
But of course it takes a lot for a brand to up market, especially Honda once again was late to the party and arriving during a rate hike cycle.
The car will keep its value well. I struggle to see Honda flooding UK and EU with volume.
Surely one should not compare a two seater sports car with a four seater family saloon ... even one with an R manufactured by Honda ?
I would not for a second dispute that it is a fabulous car and one which I could happily own and keep for a long time, but £50k is a lot of money.
My fear is that Honda have over-egged the price pudding and the number of cars in the market would appear to support this ... which is a shame because I believe in the brand.
I would not for a second dispute that it is a fabulous car and one which I could happily own and keep for a long time, but £50k is a lot of money.
My fear is that Honda have over-egged the price pudding and the number of cars in the market would appear to support this ... which is a shame because I believe in the brand.
ChrisW. said:
But isn't that the thing ? The Honda is suddenly pushed up into a higher class ... But is it so much better than the previous model FK8 that was more comparable in price to Toyota ?
I haven't driven the FL5 yet and I'm sure its brilliant but as several tests have suggested the fundamental hardware is pretty much the same as FK8. Styling and perhaps materials apart the old car is every bit as good. I would suggest its the FK8 being a bargain rather than the FL5 being too expensive.But I don't think it is Honda being too ambitious. The car is better than the £60k + rivals from the Germans, rarer and now rather less divisive in its looks
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