RE: Toyota FT86 Price Heads North
RE: Toyota FT86 Price Heads North
Wednesday 21st April 2010

Toyota FT86 Price Heads North

Spiralling costs cause Toyota to re-think its 'budget' sports car's market positioning



Toyota's eagerly anticipated FT-86 rear-drive coupe could cost significantly more than expected when it arrives towards the end of 2011, moving it away from the original idea of a bargain entry-level sports car.

According to an Autocar report, rapidly growing development costs mean that the car could cost between £15k and £17k on the Japanese market rather than the £13k originally envisaged.

Part of the reason is that the planned Subaru-sourced boxer engine is not clean or frugal enough to satisfy Toyota's bosses – so Toyota's development team is hard at work on maximising the car’s fuel-efficiency.

The news means that hopes of a sub-£20k UK price – setting the FT-86 up as a direct rival to the new Honda CR-Z – are rapidly fading. Instead it seems likely that the Toyota coupe will come in at between £20k and £25k.

Toyota has also now decided to aim for older buyers – aiming at buyers in their 40s rather than their 30s, as market research has apparently revealed that fewer younger buyers would be keen on the sporty coupe than Toyota originally predicted.

Author
Discussion

TheRoadWarrior

Original Poster:

1,242 posts

209 months

Wednesday 21st April 2010
quotequote all
Lame.


Toyota.. you had petrol heads the world over praying for you not to fk this up.... which you seem to be in the process of doing. FFS!

soad

34,735 posts

207 months

Wednesday 21st April 2010
quotequote all
That's a shame, nothing more I can add.

Hitch78

6,119 posts

225 months

Wednesday 21st April 2010
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Like it was ever going to cost less than 20k. I remember when Porsche announced the Cayman and the imagineers at Auto Express assumed as it was a hard top it would cost less than the Boxster and mentioned a price of about 22k.

They just make this stuff up.

hornetrider

63,161 posts

236 months

Wednesday 21st April 2010
quotequote all
Direct rival to the CR-Z? Ehhhh? A hybrid saloon vs a RWD cheap(ish) drift car?

ctallchris

1,266 posts

210 months

Wednesday 21st April 2010
quotequote all
I owuld price a car like that for £22000+ minimum yes they could do it for cheaper but why would you? It looks good enough to outclass the old celica and is a more mature looking car than the new honda

Zircon

305 posts

212 months

Wednesday 21st April 2010
quotequote all
With a mere 170 bhp if you bought one at £22k + you will have been 'done'.

djt100

1,744 posts

216 months

Wednesday 21st April 2010
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The story came from Autocar....So it's obviously going to be a load of Bo**ox anyway ...

Forbes82

812 posts

210 months

Wednesday 21st April 2010
quotequote all
Interesting idea when it was cheap, not so sure at the new prices.

J4CKO

47,022 posts

231 months

Wednesday 21st April 2010
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People pay that kind of money for a Scirroco, this is RWD and looks better, pity it hasnt got a few more BHP though.

gezkc

157 posts

242 months

Wednesday 21st April 2010
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Currency rate fluctuations have probably had a lot to do with the perceived rising price of the car - the yen is very strong against the pound currently, so it's going to look very expensive to us.

If things turn round and the pound gets a bit stronger over the next year or so, it could still turn out to be relatively good value. Hopefully.

Superhoop1904

563 posts

239 months

Wednesday 21st April 2010
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Having sold for Toyota, i think alot of their existing customers will not be put off the price tag, nor will the BHP put them off. We used to sell Celica's close to the £20k (T Sport models) mark.

As a petrol head the price and bhp may put you off the new Toyota but as a current Toyota driver I don't think it will.

IMHO

Loki7430

3 posts

199 months

Wednesday 21st April 2010
quotequote all
I am sure the real reason for the price rise is at the bottom of the story.... they realised they got their target market wrong so adjusted the price. Probably nothing to do with extra development costs. A pity....

aka_kerrly

12,506 posts

241 months

Wednesday 21st April 2010
quotequote all
quote
Toyota has also now decided to aim for older buyers – fewer younger buyers would be keen on the sporty coupe than Toyota originally predicted.


REALLY? or do they mean younger people wouldnt want a Toyota coupe as most people around my age group would rather coupes to 2seater or family saloon plus id have thought what is meant to be a modern version of a cult classic would appeal more to slightly younger drivers.

That said 13k was never going to happen, christ there are AE86s for sale for near that. £17-25k is much more like it and it will fit into the hot hatch/coupe cross over area as opposed to being on the edge of £25k+ TTS/Z4 territory.

dave

griffter

4,143 posts

286 months

Wednesday 21st April 2010
quotequote all
Article said:
Toyota has also now decided to aim for older buyers – aiming at buyers in their 40s rather than their 30s, as market research has apparently revealed that fewer younger buyers would be keen on the sporty coupe than Toyota originally predicted.
I seriously hope they're not suggesting that only over 40s would be interested in RWD. If so their market research must be messed up. I suspect the marketing/research is self-fulfilling, really. So many FWD hot hatches and coupes (hatches by any other name) are aimed at the youth market, it would be no wonder if ignorance prevailed.

Scawie

331 posts

239 months

Wednesday 21st April 2010
quotequote all
I wonder if they could keep the price under control by chucking out the electric gubbins and sticking a sporty 1.8 or 2.0 petrol in the base model.

Frimley111R

19,393 posts

265 months

Wednesday 21st April 2010
quotequote all
quote=Article]Toyota has also now decided to aim for older buyers – aiming at buyers in their 40s rather than their 30s, as market research has apparently revealed that fewer younger buyers would be keen on the sporty coupe than Toyota originally predicted.

[/quote]

How is it going to do this? Extend it and give it 4 seats for their kids?

Young buyers in their 30s?? Im 40 (yes honestly!) and very few people my age have a sports coupe. Buyers in their mid/late 20s and 30s are the most likley buyers IMO.

leon9191

752 posts

224 months

Wednesday 21st April 2010
quotequote all
If you believe for one second that Toyota didnt know the boxer engine had a worse drink problem than Keith Richards in the 70's then you're a bloody fool.

What has happend is they are getting loads if interest in the model and are expecting to sell lots of them so they will charge as much as they possibly can to make maximum profit (remember they have just had a massive kick in the nuts in the US). Not rocket science.

Denorth

559 posts

202 months

Wednesday 21st April 2010
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I am in my 30s and I'd love to give it a go. No onve asked me, of course.

Strange story about that engine. Apparently Lotus can do the sport car with those Toyota engines, but Toyota can't? confused
Of course boxer would give a lower centre of gravity, but is it worth hastle? Would love to see it getting V6 instead. even small one, like nissan did in 90s - 2.0V6

Edited by Denorth on Wednesday 21st April 13:22


Edited by Denorth on Wednesday 21st April 13:29

russy01

4,823 posts

212 months

Wednesday 21st April 2010
quotequote all
Denorth said:
I am in my 30s and I'd love to give it a go. No onve asked me, of course.

Strange story about that engine. Apparently Lotus can do the sport car with those Toyota engines, but Toyota can't? confused
Of course boxer would give a lower centre of gravity, but is it worth hastle? Would love to see it getting V6 instead.

Edited by Denorth on Wednesday 21st April 13:22
like wise, and im 22. That must bring the average age into the 30's surely!!

Keep the weight down and chuck the 1.8VVTI or K20a2 in.

Monkeylegend

29,546 posts

262 months

Wednesday 21st April 2010
quotequote all
russy01 said:
Denorth said:
I am in my 30s and I'd love to give it a go. No onve asked me, of course.

Strange story about that engine. Apparently Lotus can do the sport car with those Toyota engines, but Toyota can't? confused
Of course boxer would give a lower centre of gravity, but is it worth hastle? Would love to see it getting V6 instead.

Edited by Denorth on Wednesday 21st April 13:22
like wise, and im 22. That must bring the average age into the 30's surely!!

Keep the weight down and chuck the 1.8VVTI or K20a2 in.
Well that brings the average age down to 26 then. See all they had to do was ask the experts on PH. Think you have to be over 40 though to have the skill and experience to handle RWD.