RE: Meeting 'Mr GT86'

Author
Discussion

RX7

258 posts

244 months

Saturday 10th November 2012
quotequote all
Hellbound said:
You're deluded. I'm sure you walk into Tesco and begrudge paying the store price and not the price Tesco pays at wholesale.

I have no interest in continuing this moronic conversation with you or MajorTom.
More spin, rather than just providing some information or facts to back up your "opinion". You have chosen to ignore every point i have made even when replying directly to questions you have asked at how i justify why i think its overpriced.

Look at DanDc5, he is your prime example, thinks the car is awesome, thinks the price is right and has defended the car blindly and hasnt even driven it! Toyota have done a great job of selling this car, so much so, they have increased the price by 25%

blearyeyedboy

6,289 posts

179 months

Saturday 10th November 2012
quotequote all
RX7 said:
Look at DanDc5, he is your prime example, thinks the car is awesome, thinks the price is right and has defended the car blindly and hasnt even driven it!
Have you driven one? (Serious, well-meant question, not having a dig.)

PZR

627 posts

185 months

Saturday 10th November 2012
quotequote all
RX7 said:
PZR said:
What was the exchange rate the last time you imported a car from Japan?

I brought a car over in Summer 2007, when the exchange rate was around 250 JPY to the Pound. It's now around 125.
As someone else mentions below, exchange rate hasnt changed much since 2009, it was only last year or the year before they were talking about this being £20K!
Who was saying it was going to be £20k in the UK?

Toyota Japan, Toyota GB, or the press?

RemarkLima

2,374 posts

212 months

Saturday 10th November 2012
quotequote all
RX7 said:
PZR said:
What was the exchange rate the last time you imported a car from Japan?

I brought a car over in Summer 2007, when the exchange rate was around 250 JPY to the Pound. It's now around 125.
As someone else mentions below, exchange rate hasnt changed much since 2009, it was only last year or the year before they were talking about this being £20K!
Yes, maybe longer since the Yen has been strong - But you said that as you had personally imported cars from Japan, you knew the costs. When did you do this? As it's bloody expensive now.

I'd also be cautious as to the £20k, was that Toybaru saying this? Or was it over enthuastic journo's who were told it'll be "relatively cheap" and decided that it wouldn't be any good for copy, so just plucked what seems to be a resonable figure out of the air - You'd be surprised how one report like this can spread like wildfire!

It appears that *IF* they'd said it's going to be £25k base price + options from the start, you'd have no problem with the price?

Edited by RemarkLima on Saturday 10th November 19:36

4wdrift

20 posts

147 months

Sunday 11th November 2012
quotequote all
Sorry if this has been mentioned already..

In Australia there is a large disparity in price.

On the road breakdown (AUD) - Base price, govt charges (around 4% of base price + luxury car tax), new car dealer delivery, registration for 12 months (this all applies to the state I live in).

• Toyota GT 86 (the basic spec I wanted) $33.5k (30+1.5+1.2+.8). 6 month wait (higher spec 'GTS' much longer wait).
The base price is a bargain compared to other countries.

• BMW M135i is $76k (68+4+3.2+0.8)... Base price is a rip-off compared to other countries. Still, cheaper than a 1M was (~$115k on the road)..

Dealer delivery in Australia usually means the dealer pocketing the money, without any tangible benefit to the buyer!

Australia also has a luxury car tax for vehicles > $57k (>$75k for 'green vehicles').





StormLoaded

889 posts

179 months

Sunday 11th November 2012
quotequote all
Kolbenkopp said:
Well the list price of the Scion FR-S plus 20 % VAT is 30.000 USD. About 18.800 GBP / 23.500 EUR currently.

List price for the GT-86 in Germany is 29.990 EUR. Plus 550 EUR for metallic paint which is free with the Scion. Best deal I've seen here is 13.2 off list, or 26.500 EUR. So still 3.000 EUR more expensive *after* haggling.

I don't think the car is grossly overpriced but the price difference to the US really gets on my nerves. Its not like our dealers here are actually better or the warranty or whatnot.
Not wanting to single you out, as its been mentioned before also by others, but people may want to check the spec (basic) of the Scion v's what the GT86 is in europe before moaning about price.

I believe the "upgrade" of the crappy scion headlights to Euro spec, is about £1k alone.. European headlamps fitted with HID/DRL ...
In fact all the lights (fog, side repeaters etc) are different.
This excludes the other toys that we get here (keyless entry, push button start, dual zone climate control, touch screen multimedia .. have you seen the US spec head unit?!, heated/folding mirrors.. Etc etc. ) .

The difference list is going to set you back a bit to bring it upto spec ... Wouldn't like to see the cost of upgrading the Japanese base model (no aircon, steel wheels, unpainted bumpers, handles etc) to UK spec! Christ....

http://www.ft86club.com/forums/showthread.php?t=89...



However, I'm curious why some people (stating the dealerships are making 10k per car) aren't importing the cars themselves, (with all their vast importation experience) undercut the dealerships and sell on quickly (we know there is demand at 25k so they should have no problems selling them cheaper), to make a shed load of cash for themselves.. If it was true, Shirley they would be doing that...



bozzy101

506 posts

139 months

Sunday 11th November 2012
quotequote all
I work at a Toyota garage. Wish we did make £10k profit on each GT!

One thing nobody has considered (to my knowledge) will be the costs of R&D, tooling for the factories, marketing etc. Toyota will have to sell a fair few GT's before they've broken even profit wise, let alone made any money! If they'd priced the car at £15,000 rrp then even if it did make profit, they'd probably have to sell them for 30 years to recoup their initial investment.

Hellbound

2,500 posts

176 months

Sunday 11th November 2012
quotequote all
StormLoaded said:
Not wanting to single you out, as its been mentioned before also by others, but people may want to check the spec (basic) of the Scion v's what the GT86 is in europe before moaning about price.

I believe the "upgrade" of the crappy scion headlights to Euro spec, is about £1k alone.. European headlamps fitted with HID/DRL ...
In fact all the lights (fog, side repeaters etc) are different.
This excludes the other toys that we get here (keyless entry, push button start, dual zone climate control, touch screen multimedia .. have you seen the US spec head unit?!, heated/folding mirrors.. Etc etc. ) .

The difference list is going to set you back a bit to bring it upto spec ... Wouldn't like to see the cost of upgrading the Japanese base model (no aircon, steel wheels, unpainted bumpers, handles etc) to UK spec! Christ....

http://www.ft86club.com/forums/showthread.php?t=89...

However, I'm curious why some people (stating the dealerships are making 10k per car) aren't importing the cars themselves, (with all their vast importation experience) undercut the dealerships and sell on quickly (we know there is demand at 25k so they should have no problems selling them cheaper), to make a shed load of cash for themselves.. If it was true, Shirley they would be doing that...
Yup, comparing to Japanese base spec cars, as I mentioned earlier on in this thread, is a complete folly and actually reveals the level of rubbish being said here.


HighwayStar

4,257 posts

144 months

Sunday 11th November 2012
quotequote all
bozzy101 said:
I work at a Toyota garage. Wish we did make £10k profit on each GT!

One thing nobody has considered (to my knowledge) will be the costs of R&D, tooling for the factories, marketing etc. Toyota will have to sell a fair few GT's before they've broken even profit wise, let alone made any money! If they'd priced the car at £15,000 rrp then even if it did make profit, they'd probably have to sell them for 30 years to recoup their initial investment.
^^^ This... What he said, right there. I have pointed out development, marketing costs etc. MajorTom... I hope you've read Bozzy's post. You'll probably ignore it and stick with your arbitrary value, with inbuilt profit, of 15k with no back up as to why whilst ignoring the process of how a car/product makes it from concept to production and into the market place.

nickfrog

21,140 posts

217 months

Monday 12th November 2012
quotequote all
bozzy101 said:
I work at a Toyota garage. Wish we did make £10k profit on each GT!

One thing nobody has considered (to my knowledge) will be the costs of R&D, tooling for the factories, marketing etc. Toyota will have to sell a fair few GT's before they've broken even profit wise, let alone made any money! If they'd priced the car at £15,000 rrp then even if it did make profit, they'd probably have to sell them for 30 years to recoup their initial investment.
Dealer margins/gross profit have nothing to do with manufacturer's margin/gross profit. You work for a franchised dealer, not for Toyota.

Still, the idea of £15k price for a GT86 is ridiculous. I though £25K was OK, no probs. And then the M135i came along and TO ME (a basic consumer), it makes the GT86 worth around £20K, irrespective of supposedly huge R&D costs etc... (which no one actually knows anything about factually nor know anything about actual costs of either cars).

RemarkLima

2,374 posts

212 months

Monday 12th November 2012
quotequote all
nickfrog said:
Still, the idea of £15k price for a GT86 is ridiculous. I though £25K was OK, no probs. And then the M135i came along and TO ME (a basic consumer), it makes the GT86 worth around £20K, irrespective of supposedly huge R&D costs etc... (which no one actually knows anything about factually nor know anything about actual costs of either cars).
But as you can read through the rest of this thread, the M135i is a total anomoly in the UK, it's at lost more expensive in the rest of the world and it seems that BMW UK the *ONLY* part of BMW AG selling them that cheap - who knows why (as you say yourself, no one truly knows the costs, R&D etc).

So in conclusion, buy a M135i quick before they realise they're selling them too cheap!

Rawwr

22,722 posts

234 months

Monday 12th November 2012
quotequote all
Hello, Mark. I thought you'd like the GT86 smile

RemarkLima

2,374 posts

212 months

Monday 12th November 2012
quotequote all
Rawwr said:
Hello, Mark. I thought you'd like the GT86 smile
Hiya Martin, how's tricks?

I do like the idea! Sadly, I've just become everyone else, and have gone German... And now looking for an Estate... 'tis a rare day that I can get a dab of oppo now.

Rawwr

22,722 posts

234 months

Monday 12th November 2012
quotequote all
Have you driven one yet?

RemarkLima

2,374 posts

212 months

Monday 12th November 2012
quotequote all
Rawwr said:
Have you driven one yet?
A german barge or GT86? wink

No, not driven a GT86 - whilst I'd be keen, sadly at the moment it would just be a test pillock pilot so there's no great impetus. Plus I'd not think many dealers would let a random take one and go nuts in it wink

Besides, I can't drive safely unless I have 500bhp available from 1500rpm!!! tongue out

Have you driven one? Did you ever get an Elise again?

Rawwr

22,722 posts

234 months

Monday 12th November 2012
quotequote all
Yeah, had one for a few hours; brilliant.

kainedog

361 posts

174 months

Monday 12th November 2012
quotequote all
buy one in 2-3 years with 30k on the clock for 12k , bargain! would be silly to buy one now

otolith

56,088 posts

204 months

Monday 12th November 2012
quotequote all
Our Toyota dealer was keen to get us to test drive despite knowing we aren't looking at the moment - I think they had targets for bums on seats.

RemarkLima

2,374 posts

212 months

Tuesday 13th November 2012
quotequote all
Rawwr said:
Yeah, had one for a few hours; brilliant.
Sounds good - it does look like a good bit of kit! Seems to me to make perfect sense.

otolith said:
Our Toyota dealer was keen to get us to test drive despite knowing we aren't looking at the moment - I think they had targets for bums on seats.
Maybe I'll have to stop buy and take a look - see what they say.

RichyBoy

3,739 posts

217 months

Tuesday 13th November 2012
quotequote all