RE: Toyota confirms UK pricing for new GR Yaris
Discussion
ChocolateFrog said:
Residuals are going to stay firm then for the old one.
Psychologically the difference between 33 and 44 feels huge.
I think they'll be discounting personally once everyone who absolutely had to have an automatic has got one.
Funny how inflation works, my salary is the same as it was in 2020.
This is the thing. At least in the US maybe (podcast I listen to discussed this but they are US based). If you do the inflation sums you (apparently) find that cars aren't majorly more expensive, if at all and certainly you're getting more for the money today in many cases. But its peoples earnings that haven't matched the growth. As you say your salary is the same today as it was 4 years ago. I reckon for a lot of people it goes back even more than that! A lot of us are stood still whilst everything else inflates. Psychologically the difference between 33 and 44 feels huge.
I think they'll be discounting personally once everyone who absolutely had to have an automatic has got one.
Funny how inflation works, my salary is the same as it was in 2020.
Not sure how it stacks here in the UK though. A quick look suggests a 2004 Golf GTI was about 20k new? minimum. That is about £36k today. But then think the extra tech you get on something like the Yaris GR and the fact a lot of the bits and pieces including parts of the body shell are different from the regular model. Its not too hard to see how you get prices like we have.
Honda Civic is perhaps not a good example: About £18k for an EP3 in 2004 and that is £31k. The new FL5 is a good £20k on top! But then it is a lot more car as well. Its physically bigger for a start as the Civic seems to have taken on duties of the long departed Accord.
Unreal said:
JJJ. said:
Unreal said:
JJJ. said:
Guvernator said:
It's a cracking car by all accounts but not £50k nice. The first gen was priced right, this is too expensive no matter how you cut it. People can quote inflation all they want, the reality is it's increased in price by 30% in just a few years while people's incomes haven't.
Couldn't agree more. 
Can price inflation in general is probably a topic all of its own but costs related to increased emissions and safety regulation, new technology (BEV) investment costs, plus the general increase in raw materials, energy etc all big drivers of general car price inflation being over and above the headline rate. Add in the IR impact on financing deals and new cars are set to get very expensive (at least the ones not subsidised by the Chinese government) for most consumers.
Still baffling how anybody expected this car to come in under £40k.
Still baffling how anybody expected this car to come in under £40k.
Guvernator said:
It's a cracking car by all accounts but not £50k nice. The first gen was priced right, this is too expensive no matter how you cut it. People can quote inflation all they want, the reality is it's increased in price by 30% in just a few years while people's incomes haven't.
The same thing happened to the Nissan GTR, started off as a £56k bargain and ended up as a £100k car and much like the GT-R, early gen Yaris (Yaris's, Yari?) will retain their value as the newer models get more and more expensive. Good news if you own one, bad news if you were hoping the early cars would depreciate further.
You're so right... sadly The same thing happened to the Nissan GTR, started off as a £56k bargain and ended up as a £100k car and much like the GT-R, early gen Yaris (Yaris's, Yari?) will retain their value as the newer models get more and more expensive. Good news if you own one, bad news if you were hoping the early cars would depreciate further.
AlphaDelta said:
Using the BoE inflation calculator the £34375 from 2020 is £41,810 in todays prices. Add £2.5k for the upgrades it’s not that much of a stretch given the additional weald points, engine internals and cooling upgrades.
New car prices are one of the components of the BoE CPI basket. So using their inflation calculator to calculate the inflation in car prices is self-fulfulling.https://www.ons.gov.uk/economy/inflationandpricein...
FA57REN said:
New car prices are one of the components of the BoE CPI basket. So using their inflation calculator to calculate the inflation in car prices is self-fulfulling.
https://www.ons.gov.uk/economy/inflationandpricein...
Only if it was a large part of the index, but it’s under 2%.https://www.ons.gov.uk/economy/inflationandpricein...
cerb4.5lee said:
Hairymonster said:
This? Or lightly used BMW M3 on a 68 plate with 15k miles for £41,500?
Tough one.
That would be the direction I'd go in(and I did with a 68 plate M4 three years ago with 13k miles on it). However we all like different things though, plus the new versus used argument always seems to upset folk on here for some reason to be fair as well. Tough one.
911Spanker said:
I see them in the £15-17k range.
A Nissan Sunny GTi-R, which is probably one of the closest matches to what the Yaris provides (transverse turbo engine with AWD in a small hatchback, rally/competition pedigree) cost over £20,000 more than thirty years ago.If you peg the Yaris as being somewhere in the high teens, you are so completely out of your tree it's just silly. That would be a low price for even a warm hatch nowadays, the VW Up GTi was more than that before its run ended.
I can completely understand not wanting to pay £45k, or even £30k, for one, but that's where car prices are now, I'm afraid.
911Spanker said:
ghost83 said:
Sorry but I wouldn’t pay over 40k for one let alone 60k
I had to wince when they were 34k a Yaris to me should be mid 20s
I see them in the £15-17k range.I had to wince when they were 34k a Yaris to me should be mid 20s
Deluded.
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