RE: Renault opens reservations for £135k Turbo 3E

RE: Renault opens reservations for £135k Turbo 3E

Tuesday 22nd April

Renault opens reservations for £135k Turbo 3E

Probably the most exciting EV in the world isn't due till 2027 - but you can now get to the front of the queue


Perhaps Renault has been taken aback by the response to its electric reboot of the original R5 Turbo - perhaps it hasn’t. After all, the original concept was sufficiently lauded for the manufacturer to have probably started counting its chickens; now it has started plotting how it will pay for the developmental egg. Very high-powered electric cars have not exactly been flying off the shelves of late (you know things are not going well when Rimac is struggling for buyers), but Renault’s press release to announce its dedicated reservation system has all the hallmarks of an OEM anticipating a tsunami of high-end data capture. And plenty of cash, too. 

As you might expect at this early stage, ‘reservation’ does not mean ‘order’. But this is not just about completing a form on the website (though, granted, that is the first stage). The second stage of the process involves you leaving your house. Because your selected dealer will contact you to make an appointment at the showroom, where, assuming your credentials scrub up, you will be invited to physically sign a reservation form. This will secure you ‘priority’ when the Renault 5 Turbo 3E becomes available to buy. 

The dealer has a vested interest in making sure you pass muster because a) the first 500 examples of Turbo 3E will cost from £135k including VAT but excluding all options and accessories, and b) to help finance the project and ‘in line with the principle of upfront funding, any dealers placing a reservation for a car – in their capacity as key partners – will contribute to its pre-financing, just like the customers’, so you’re in it together. Or you will be eventually. Come 2026, you get to specify your personalisation choices (including colour and livery and some ‘gentleman driver’ options) which ought to mean you’re front of the line when 2027 rolls around and you can finalise the configuration and confirm your order. 

"We are proud to have succeeded in involving our dealers, as well as the first customers, in the pre-financing process of the Renault 5 Turbo 3E. To achieve this, we have implemented an innovative reservation scheme, befitting this exceptional vehicle, a major image vector for the Renault brand,” reckons global sales director, Ivan Segal. “On the other hand, it helps us finalise the development of the Renault 5 Turbo 3E and launch the first units in 2027. The Renault 5 Turbo 3E could not have come to life without this entirely new process, which demonstrates Renault Group's ability to innovate in the marketing schemes of extraordinary projects."

Innovative or not, it certainly feels like novel territory for a firm also selling the Kwid, the Triber, the Arkana, and the Kiger. Even the launch of the Alpine A110 - a model intended to sell many more units than it ever did - had a very different vibe. But with Dacia crushing it and the 5 E-Tech being lauded as the EV everyone should want (whether they actually do or not), Renault is clearly enjoying a moment. And on the basis that we’re talking about a rear-drive ‘mini-supercar’ built on a custom-designed aluminium platform and with in-wheel motors delivering 540hp - making it the most powerful Renault-badged car to date - clearly, this is unlike anything it has done before. 

Though on a very different scale, PH is reminded of the furore that greeted the introduction of the GR Yaris, when Toyota’s UK dealers suddenly found themselves playing host to supercar owners. Clearly, with just 1,980 examples planned globally - and Europe, Turkey, the Middle East, Japan, and Australia to also satisfy - Renault is bracing itself for the same sort of response, except this time the six-figure asking price (which is still very much subject to change when sales officially open) will likely be familiar to any new customer it welcomes through the door. For everyone else, we’ll get to see the car on display at the Festival of Speed this summer.


Author
Discussion

robemcdonald

Original Poster:

9,394 posts

210 months

Tuesday 22nd April
quotequote all
When you think about it an EV drivetrain is perfect for this sort of vehicle.

It will never be driven anyway, so who cares about the practicality?

It’s increasingly hard to get excited about cars that us mere mortals will never even see let alone have a chance of buying / owning.

chrisironside

805 posts

176 months

Tuesday 22nd April
quotequote all
If my numbers come up tonight then getting my name down for one of these would be very much on my to-do list.
£135K is still a lot of money for a hatchback, but seem to remember numbers north of £200K were floated before.
Fantastic wee thing!

Twinair

855 posts

156 months

Tuesday 22nd April
quotequote all
Very interesting - price wise, idk, that does not seem to out of the way? I’m not an EV fan in reality, but I might fill out the form, and go and see…

robemcdonald

Original Poster:

9,394 posts

210 months

Tuesday 22nd April
quotequote all
It’s probably more of a formality than a form a means to lure you into the showroom and sell you a lesser version.
The actual owners for these cars will already be decided.

Fast and Spurious

1,802 posts

102 months

Tuesday 22nd April
quotequote all
Overpriced tat.

Blackpuddin

18,133 posts

219 months

Tuesday 22nd April
quotequote all
Would be interesting to know the profit margin here, given it’s still just electric motors + batts. .

wistec1

607 posts

55 months

Tuesday 22nd April
quotequote all
Over priced white goods with a sticker kit applied to it. One for the rich litium lickers.

charltjr

398 posts

23 months

Tuesday 22nd April
quotequote all
They’re actually crowdfunding the damn thing.

Fair play Renault, you’re not sure how many you’ll sell so get your dealers and potential customers to shoulder some of the risk. Canny move.

cerb4.5lee

36,633 posts

194 months

Tuesday 22nd April
quotequote all
wistec1 said:
Over priced white goods with a sticker kit applied to it. One for the rich litium lickers.
I never thought that anyone could get excited about a 3 cylinder engine to be honest, but they did with the GRY though, so I presume that this will do well too. EVs aren't my thing for sure, because I'm part of the older generation of car enthusiasts who prefer noise/exhausts, but I don't actually mind the standard EV R5 though, and I think that will do well in fairness.

edoverheels

469 posts

119 months

Tuesday 22nd April
quotequote all
A lot ‘cheaper’ than expected. They will have no trouble selling the proposed production run and if it goes well we can have a Turbo 2.
Well done Renault

Twoshoe

941 posts

198 months

Tuesday 22nd April
quotequote all
Anyone over the age of about 19 is going to look a complete knob driving around in that.

However, I'd REALLY like one (and I'm WELL over that age!).

fantheman80

1,917 posts

63 months

Tuesday 22nd April
quotequote all
charltjr said:
They’re actually crowdfunding the damn thing.

Fair play Renault, you’re not sure how many you’ll sell so get your dealers and potential customers to shoulder some of the risk. Canny move.
Indeed, its a bold move and I wonder how much the deposit and dealer contribution will be. It has PR nightmare written all over it, as there are bound to be delays and 'unexpected costs' meaning 'we need another 30k sir' but those with the means may not care and used to long wait periods for the more exotic motors

Augustus Windsock

3,603 posts

169 months

Tuesday 22nd April
quotequote all
This or an original 5 Turbo?
Sorry, I’m of the age group that remembers a certain Monsieur J Ragnotti piloting one back in 1981 and given a choice between a road-going example of that or a Turbo 3E, my money would go on the former.
Agreed, the new one will be much faster, better handling etc but will depreciate quicker than you can see ‘depreciation’, but the old one will be more visceral and a safer place to park your hard-earned.

Fetchez la vache

5,746 posts

228 months

Tuesday 22nd April
quotequote all
TBF I'm not sure a £135k retro EV giving some people the feels from 40 years ago are in the same boat as a multi-million pound but generic looking Rimac when sales are concerned...

DodgyGeezer

43,679 posts

204 months

Tuesday 22nd April
quotequote all
chrisironside said:
If my numbers come up tonight then getting my name down for one of these would be very much on my to-do list.
£135K is still a lot of money for a hatchback, but seem to remember numbers north of £200K were floated before.
Fantastic wee thing!
£135k is a lot of money full stop! As for the £200k figures - well by the time you've spec'd the car up....


The above gripe aside I think it does look genuinely stunning and were I of a certain age (I am) and particularly wealthy (I am not frown ) I'd certainly consider this.


An electric car you can get excited about, whodda thunk it?

Bill

55,586 posts

269 months

Tuesday 22nd April
quotequote all
I'm in two minds. It looks utterly epic and is low volume with the costs that go along with that.

But OTOH it's a Renault hatchback with (I assume) a fairly standard drivetrain.

£60k, maybe £80k* I can see, £135k though??



*Even that's a stretch!

biggbn

26,899 posts

234 months

Tuesday 22nd April
quotequote all
robemcdonald said:
When you think about it an EV drivetrain is perfect for this sort of vehicle.

It will never be driven anyway, so who cares about the practicality?

It’s increasingly hard to get excited about cars that us mere mortals will never even see let alone have a chance of buying / owning.
Isn't that most/all supercars and ultra high performance/high end vehicles? I'm glad they all exist, regardless of drivetrain. This looks epic

smilo996

3,313 posts

184 months

Tuesday 22nd April
quotequote all
Renault are like a tesla in the US at the moment, on fire. the 5 is the best small EV since the i3 and now this monster.
Even the humdrum line up with the superb looking Megane E or E-Megane are great. Drove 3 crossovers last year and the Captur was by far the best.

RS_MAN_CHILD

550 posts

283 months

Tuesday 22nd April
quotequote all
Easy pass!

You can buy a low miles MK4 RS Trophy R & import an Ultime with delivery miles & still have £30-40K change from £135K & or also buy a used Alpine A110 so 3 decent cars with great smiles per miles vs a £135K EV LOL!

J4CKO

44,156 posts

214 months

Tuesday 22nd April
quotequote all
Bill said:
But OTOH it's a Renault hatchback with (I assume) a fairly standard drivetrain.
Did you miss this bit ?

"we’re talking about a rear-drive ‘mini-supercar’ built on a custom-designed aluminium platform and with in-wheel motors delivering 540hp - making it the most powerful Renault-badged car to date - clearly, this is unlike anything it has done before"