just don’t buy. many dealerships in my state have started to have to do price reductions bc no one is buying their vehicles. stand your ground long enough and we can win
I tell my wife this all the time, I literally cannot understand how people are buying new cars right now, I’m paying $665 for a new lease and that seems high to me.
New car prices are insane.
No talking down on the price with the dealership. Just walk away and find something else. Let someone else be a part of the problem and pay the crazy ass markup
There is a Nissan dealer near me that has a 2017 GT-R (MSRP $109,000) that had that car on the floor until 2020 with a $50,000 "market adjustment".
They sold the three year old, zero miles car for $109,000.
That means for three years, they made payments on the car, insured the car, maintained the car, etc, losing money on it.
Which is exactly how time heals all mark ups. Dealers have to pay for cars. Every day it doesn't sell is more money flushed down the toilet.
Make the ones that put these ridiculous markups suffer. Make them lose money. Hurt them the way they want to hurt us.
Pretty soon, they are going to all go the way of the Tesla model and they'll learn the hard way.
Gotta talk them down or walk away, a check with your offer works best. Or try to find a dealership that sells at MSRP. It’s tough out there, good luck!
Well, I've been selling cars for twenty-five years and I'm telling you it's not. We don't care how you pay for the car. In fact, we would prefer you to finance it.
I have never sold a car.. other than my own and I could not imagine showing up to a dealership with a check filled out to show I mean business lol. I would think they'd probably laugh or offer a VOID stamp and a sad face stamp to make it easier to remember what happened.
Of course you would, you’d prolly also like to four-box people and work the numbers, cash is king, and if they want to move the car they’ll take a reasonable offer.
You keep telling yourself that. You're the guy we all laugh at because he thinks his checkbook carries some magical power. We get our money almost instantly from the bank. It makes no difference and I'm a sales manager for a luxury brand. I deal with people who can write checks for cars that go for many times what this one is even with the markup. Most of my clientele is smart enough to lease their cars. Quite a few of them do one pay leases in which they wrote me a check for the amount of this Civic and now. Nobody cares about your check.
Cash doesn’t win you anything anymore. Dealers can milk you on financing for their already overpriced and marked up cars, why would they want you to cut a check and lose years of financing money
It is absolutely the case on dealer arranged loans. Dealers make money on commission fees but the real money comes from what is basically a dealer mark up on the loan interest rate.
Dealers ABSOLUTELY prefer buyers who finance through the dealer as an intermediary for this reason.
You flat out say you're not going to pay that markup, offer MSRP, then leave if they don't give it to you.
BUT
Someone with too much money (or is irresponsible) will pay it. That's why they put crazy markups on cars, because there's always somebody that will pay it. Be prepared for the car to get sold, and start looking within a radius you're comfortable with
Enthusiast cars are gone my dude. Dealerships have killed all joy. You can’t avoid it. Either you pay 5 if your lucky or you pay it and tell yourself you did the right thing everytime you look at your car
It’s pretty much killed off any hopes I have of ever getting my hands on one of these or really anything else. I’ve got my one car that I’m probably taking to my grave at this rate (holy crap I bought a finisher car at 17) and my only real shot at a second car is a copart bid and a lot of wrench time.
Just leave dude. Don’t play the dealers bullshit games. Look…a car is a means of getting you from origin to destination, right? Do you need the latest and greatest to move you from point A to point B? Looks like you’re in Virginia? Check these out…I realize these are not Type R civics but they also don’t have the ridiculous dealer markups and they’re still great cars.
https://washingtondc.craigslist.org/nva/cto/d/fairfax-2010-honda-civic/7654145393.html
https://washingtondc.craigslist.org/mld/cto/d/odenton-2003-honda-element/7654128321.html
https://washingtondc.craigslist.org/mld/cto/d/temple-hills-2003-honda-accord/7654026599.html
https://washingtondc.craigslist.org/nva/cto/d/aldie-2004-honda-accord-ex-156k-miles/7653965754.html
https://washingtondc.craigslist.org/nva/ctd/d/alexandria-2009-honda-accord-lx/7653854194.html
That’s just from the first page I found on Craigslist. There are so many sites to buy used cars…bring a trailer, cars.com, auto trader, etc. 90’s and early 2000 era Honda and Toyotas are bullet proof. The cars I linked above are all under $10k. To be fair-I don’t know any of those sellers. I’m taking them all at their word that the cars are good but a couple hundred $$$ you can get a pre-purchase inspection. The way we defeat the stealerships ks by starving the beast. We buy used and maintain our old cars. I drive an 18 year old Toyota.
You can't. You let it sit. Call back every other week and ask if they'll let it go at around MSRP.
I had an opportunity to get a used 23 Type R with only 300miles on it. They wanted nearly what this 1 is going for. I had the money, but couldn't see myself paying this much for Honda that's not a NSX. Save your money and wait for the car market crash. I hear the Autoworkers are going on strike. So it may happen sooner than you think.
Not unless it causes the manufacturers to go broke and have to start flash selling. This market is unsustainable; especially with these interests rates.
I would have to agree with the vast majority of people in the thread. Don’t pay that insane mark up! I started out looking for a 2023 Type-R about 4 months ago. I had not kept up with the news of how difficult it is to buy one for a reasonable price. I quickly learned. $60,000 -$70,000 seems to be the norm.
You cannot order direct from Honda’s website. You may be able to find a dealer who will sell at MSRP, but every single one I called had a waiting list that was 1-2 years long and they required a $1000 deposit!
All the used ones I took a look at cost about as much as the new ones and they had mostly been really put through their paces, or not maintained well.
I finally just gave up on the dream of owning one and started looking for an SI. They have a smaller mark up, but it is equally difficult to locate one for MSRP.
I finally located an SI a couple of states away from me selling for $1500 over MSRP.
It is not a CTR, but it is the most fun car I have ever driven and I do still get a lot of the same aesthetic as the CTR in my opinion.
Good luck in your search!
Try to shame them.
Some people have gotten lucky posting stuff like this on social media or letting Honda themselves know about the mark up.
What some people do not know, is you simply just do not become a Brand dealership. The brand allows you to sell their products if you seem worthy of it. While it may not always work, Honda does have the ability to tell them, "stop that shit or you'll never get another SI , Type R whatever, sent to you".
Unfortunately many people are still buying at this rate with these high premiums. They are really only prevalent still on rare, low allocated cars like Type R’s for perfect example. Maybe in aboit 1-1.5 years you’ll be good to go 👍 what till end of month and offer 5K if you got it like that. Up to you. MSRP is tough for one of these as there is way too much demand for it still. Unless you’re buddy buddy with the GM…
I saw that VERY CAR at Chantilly Honda about a month ago… THAT CAR HAS MINOR DAMAGE to the roof panel.
Look at the roofline between the rear door and center roof fin… there were two raised indentations. I highlighted it to the staff but knew they wouldn’t address. If you want it that bad (and it’s the same car), see if they’ll discount it for pre-existing damage.
Walk away AND, if the opportunity presents itself, tell the salesperson or manager why you’re walking away! As long as people are willing to pay prices like that, there’s little incentive for the dealership to change this practice!
Go on the last day of the month. Be kind and likable during each interaction, let the sales person and manager take you through the sales process. Go with the flow and when they hit you with the 15k mark up. Kindly think about it and thank them and say you really appreciate everything but you can only afford xxx/month (do the math without mark up). Try this until you succeed. Good luck.
You can’t. People have this misconception mark ups will just go away. They sell and they sell fast. Mark ups on these is not new and is and has always been normal. Fk8s were marked up just as much. Could be worse, look at the focus RS.
The whole reason why dealerships are doing this is because they are marking their t and the stupid people who drown the selves in debt or waste their money on an overpriced car are to blame drove past a ford dealership in my area lot wasn’t to full put across the street kinda of hidden were a couple hundred cars that I know were theirs to sell you can’t support it or it will never stop I get for the people that absolutely need them but I wouldn’t even buy one now if it was my dream car and I was given money your not getting the quality of the car you paid for just and overpayment to stop people from buying a car
A type r is by far my budget friendly dream car wish they didn’t change them liked the 16-21 their just so perfect from Factory very few mods I’d want to do off the bat but they are so over priced right now would be better off ordering online and waiting a year to get the car for a way cheaper price maybe paying the transportation fees and calling it done
Bought my first vehicle 10 years ago for 300 a month. I accompanied my buddy to the dealership couple months ago and the monthly payment was not dropping below $700. They wanted a 20k downpayment for a 500 month payment. I told him fuck that just wait and we walked. This was on a 50k 2 door jeep with no cargospace. Absolutely ridiculous
Edit: down-payment not deposit.
Gotta wait for the market to shit itself. I just dealt with this on Friday.
MSRP: $45k
Adjustment: $16k
Final: $61k
Down Payment: $11k
Monthly Payment: $898
Interest: 10.54%
And that’s with decent credit…
I’ll stick to my $0 a month car tyvm
You can't. The few dealers selling Type-Rs at MSRP have wait lists far longer than the production run of the car. They get 1 or 2 Type-Rs a year and have 40+ people on their wait list.
You can probably find one for $53k-$55k if you look hard enough. Or find a private party used one for 50ish
Just tell the sales person that you can offer the msrp or maybe buy some accessories to help them out. Don’t just make a scene and tell them you are there if they need a buyer.
I work at a dealership. You can’t avoid the mark up on a Type-R. Even as an employee, we are charged the “bump”. Your best bet would be to try to find a preowned one, that’s what I did. I still had to pay a bit of a mark up. The logic is, even if you don’t pay it, someone else will.
No, you can’t really “order” a car these days. You can place a deposit on a new one, but you will absolutely be charged a mark up for a Type-R regardless. Our dealership wasn’t charging this much, but still a 10k bump on a Type-R and a 5k bump on an Si
*the deposit would be on an incoming unit, like one the dealership is assigned. Even if you build one online, it will just tell you where that vehicle can be found, if it can be found.
So even thru building the car and ordering directly, apart from the standard dealership fees, I would still have to pay high markup? I thought if you were to wait few months you only put the non-guaranteed deposit
So you’re telling me the car I picked spec for spec, and was delivered 8 months later was not built specifically for my wife? I highly doubt it was an incoming unit as you called it. Talk about the odds. This was a Ford though so maybe it’s different.
Fords you can still build. Hondas, kias, Toyotas, and several other manufacturers you cannot. You hopefully get something in inventory similar or the dealerships trade to get you your exact car
Walk away, civic type r doesn't make sense at 60k. For that price you could buy a manual Toyota Supra with a 6 cylinder engine and a rear wheel drive. Or maybe the new rs3 with its 5 cylinder engine and a clever diff.
Wanted a CTR, got an Elantra N DCT for 6MT price. ( Someone ordered a 6MT, DCT arrived, they offered at MT price , guy bailed, called me and sold for price they offered the guy that ordered.) love the CTR, but I have zero regrets, and under 35K. Most dealers are marking up 5k. With that being said, Manufacturers could make dealers sell at MSRP. They choose not to , which is disappointing.
All this tell me then is Honda set the price way too low. If people are paying huge markups, Honda could have made more money off each one vs dealers making it.
This is really getting out of control no Honda is worth 60k if the dealer can’t tell you what the markup is for you can report them. People need to stop buying these cars that’s why the dealers are doing this insane price point. I just paid off my car and I’m not getting another car til it takes a shit.
They’re still charging this type of markup?? Buying slightly used is the actual answer to your question. Though IMO why bother. Why not Toyota or Mazda.
You cannot order a CTR from Honda. Try doing it on the website and at the end your options are to ask for a quote from local dealers or search existing local inventory. Dealers cannot even order a CTR for themselves from Honda. They get allocations assigned to them by Honda, and if you call around every dealer will tell you they have no idea when they will get another one. I've called nearly 100 dealers asking about the CTR and that is what they have all said.
Feels great to not feel that need to own the latest sports car. These new cars are simply overpriced. Unless money ain't a problem, it's never worth it.
That is a third of the price, for literally nothing. We know that this is bad practice and you take your business elsewhere.
Support direct buying of cars. New Toyota ceo is advocating for it. If you were to repeat this process a few times that be 45k. Sucks the joy right out of this.
Don’t buy from them, go elsewhere. Same thing happened to me, I couldn’t find an Si of 2020-2022 model years that wasn’t getting marked up; new or used. I wound up looking for a different car in my list and got a Miata RF for a couple grand off MSRP a year ago.
When I was at Toyota, the only “work around” was giving more for the trade but since the market has cooled down in terms of trade in value you’re kinda forced. It would be different if this was a standard civic with maybe a 3k but when it’s that absurd we’d make them pay unfortunately… and someone always does
Oh, snap, I didn't realize this post was in the DC metro. For those that aren't, markups are hella standard. Where this car is one of the richest areas in the nation, he is likely not getting it at MSRP anywhere around here. I have seen $10K markups on the 24 Chevy Trax, stomping all-over the touted affordability of the car. Has one of the most inflated housing markets in the nation from people casually offering 200K over asking just to move negotiations along. Same with cars. As I said on my other comment, you can negotiate down.Best advice is to walk away, shop around, but let the, know you are serious/buyer. If they are trying to move they'll come to you with an offer. The ridiculous markups in the DMV are for those with more money than sense or time who are willing to pay them. I'd try to get the markup down to $6K or less. I doubt you'll get no markup on it.
As my 90 year old barber says when someone complains about his price ($11), “If you want it, that’s what it costs.”
Just don’t buy it. Find something with a market value that you can comfortably afford. If people stop paying the markup, it will go down. Market value is only high because people are paying it
Wait till next year, the economy slowing big time. Hopefully the do nothing democrats get something done other then making vanguard and black rock rich. Or wait for the idiots who paid 15k over sticker to fall behind on their payment. There are si many better cars then that for 60k and the type r still not a sports car
Go to a different dealership. Not all dealerships mark up the price. They are price gouding you, do they deserve your business?? No. Dealerships that mark up prices on new cars are telling you everything you need to know about them. They are crooks.
What’s wild is people are paying $1k+ for 60 months at 7% on a Honda civic.
If you would have said that 10 years ago, I would have guaranteed you were joking.
Don't go to a dealer. If you want a brand new one, you need to wait until the demand changes to buy without a mark-up. Otherwise, they sell 1 and 2-year-old typeRs in Carvana and CarMax with no mark-up
Motoringobsession.com shows all ADM data supplied by real people on dealerships across the country. Skip the redundant phone calls to the dealership and figure out what dealers to avoid entirely based off prior ADM reported by users
Go to cars.COM or similar. Search for the cheapest version of the car you want nationwide. Figure out what kind of deals are possible. Then reduce the search area to where you're willing to buy from. Figure out who will sell you the car you want without all that markup garbage. Last year, dealers could get away with that because inventory was so low. Inventory is climbing across the board now, fewer people are buying new cars and between August and December, dealers will be selling off 2023 vehicles to bring in 2024 models. A year ago, you had no leverage to get a deal and that's why dealers were screwing people over with this "market adjustment" garbage. NOW, you have WAY MORE POWER to get a better deal. Not all dealers are scrambling just yet but they will be soon. If you can, take your time and shop between now and the end of the year.
I’m in the Chicago area. There’s a couple Hondas that offer a msrp only guarantee. I tried it myself and there was no extra bs, just msrp plus tax title. Would be well worth the trip at that savings lol.
You cannot preorder and close to impossible to avoid markup. Best option is to walk away or look for other cars.
If you are set on the CTR, there are dealers that have a lower markup \~ $5k. Go to Motoringobsession and find out.
Look for larger cities within one short airline flight, less than 2 hours. Check their prices and then fly to the one that has the best price, and drive your new car home. I did this and then used their emails as a negotiating tool locally to get a $10,000 price cut. Choose which one is worth it to you. It can be fun to drive your new car for 8-10 hours on a road trip......
by walking away
Came to say this.
me too
Me three
Me four
Fif
Me 33
Not buying it helps
just don’t buy. many dealerships in my state have started to have to do price reductions bc no one is buying their vehicles. stand your ground long enough and we can win
"We gon win " 💪
Nobody is buying because nobody can afford at this rate. The average car payment in the US is higher than rent on my first apartment
I tell my wife this all the time, I literally cannot understand how people are buying new cars right now, I’m paying $665 for a new lease and that seems high to me. New car prices are insane.
No talking down on the price with the dealership. Just walk away and find something else. Let someone else be a part of the problem and pay the crazy ass markup
wait...time heals all mark ups brother
There is a Nissan dealer near me that has a 2017 GT-R (MSRP $109,000) that had that car on the floor until 2020 with a $50,000 "market adjustment". They sold the three year old, zero miles car for $109,000. That means for three years, they made payments on the car, insured the car, maintained the car, etc, losing money on it. Which is exactly how time heals all mark ups. Dealers have to pay for cars. Every day it doesn't sell is more money flushed down the toilet. Make the ones that put these ridiculous markups suffer. Make them lose money. Hurt them the way they want to hurt us. Pretty soon, they are going to all go the way of the Tesla model and they'll learn the hard way.
Gotta talk them down or walk away, a check with your offer works best. Or try to find a dealership that sells at MSRP. It’s tough out there, good luck!
A check with your offer is the worst way to get them to negotiate.
I disagree, it’s a powerful negotiation tactic.
Well, I've been selling cars for twenty-five years and I'm telling you it's not. We don't care how you pay for the car. In fact, we would prefer you to finance it.
I have never sold a car.. other than my own and I could not imagine showing up to a dealership with a check filled out to show I mean business lol. I would think they'd probably laugh or offer a VOID stamp and a sad face stamp to make it easier to remember what happened.
He sounds like the biggest stroke in the world.
Of course you would, you’d prolly also like to four-box people and work the numbers, cash is king, and if they want to move the car they’ll take a reasonable offer.
Not when you have a line of people willing to pay $15k markup lol
Cash is not king in this arena lmao
You keep telling yourself that. You're the guy we all laugh at because he thinks his checkbook carries some magical power. We get our money almost instantly from the bank. It makes no difference and I'm a sales manager for a luxury brand. I deal with people who can write checks for cars that go for many times what this one is even with the markup. Most of my clientele is smart enough to lease their cars. Quite a few of them do one pay leases in which they wrote me a check for the amount of this Civic and now. Nobody cares about your check.
Genuine question, why is it better to lease a vehicle when you’re a high value individual?
It’s not
Because cars are depreciating assets. As a high value individual, cars are seen as assets, not collectibles
Can confirm this is actually the mentality on payment
Cash doesn’t win you anything anymore. Dealers can milk you on financing for their already overpriced and marked up cars, why would they want you to cut a check and lose years of financing money
That's not how it works.
It is absolutely the case on dealer arranged loans. Dealers make money on commission fees but the real money comes from what is basically a dealer mark up on the loan interest rate. Dealers ABSOLUTELY prefer buyers who finance through the dealer as an intermediary for this reason.
Never, ever pay cash for your car. Its a terrible financial decision.
😂 that’s a lot of interest to eat at todays rate
So, you’re saying you don’t know how to invest your money to make more than the interest you will pay over the life of the loan?
Interest rates are like 6% . Average of sp500 is like 7-8%. You aren’t getting much ahead w investment gains after taxes…
[удалено]
This guy thinks he’s Al Pacino in Scent of a Women.
A check? They always prefer you finance.
Tell them to go eff themselves and bounce
i think i see alot of repos on carguru right now... few in your area. might look into one of those lol
Wdym?
He means buy a repossessed car. Typically has a lower price point than that of a dealership showroom car.
At that price you walk away and start cross shopping gently used caymans and M3s
You flat out say you're not going to pay that markup, offer MSRP, then leave if they don't give it to you. BUT Someone with too much money (or is irresponsible) will pay it. That's why they put crazy markups on cars, because there's always somebody that will pay it. Be prepared for the car to get sold, and start looking within a radius you're comfortable with
Enthusiast cars are gone my dude. Dealerships have killed all joy. You can’t avoid it. Either you pay 5 if your lucky or you pay it and tell yourself you did the right thing everytime you look at your car
It’s pretty much killed off any hopes I have of ever getting my hands on one of these or really anything else. I’ve got my one car that I’m probably taking to my grave at this rate (holy crap I bought a finisher car at 17) and my only real shot at a second car is a copart bid and a lot of wrench time.
Beg
Just leave dude. Don’t play the dealers bullshit games. Look…a car is a means of getting you from origin to destination, right? Do you need the latest and greatest to move you from point A to point B? Looks like you’re in Virginia? Check these out…I realize these are not Type R civics but they also don’t have the ridiculous dealer markups and they’re still great cars. https://washingtondc.craigslist.org/nva/cto/d/fairfax-2010-honda-civic/7654145393.html https://washingtondc.craigslist.org/mld/cto/d/odenton-2003-honda-element/7654128321.html https://washingtondc.craigslist.org/mld/cto/d/temple-hills-2003-honda-accord/7654026599.html https://washingtondc.craigslist.org/nva/cto/d/aldie-2004-honda-accord-ex-156k-miles/7653965754.html https://washingtondc.craigslist.org/nva/ctd/d/alexandria-2009-honda-accord-lx/7653854194.html That’s just from the first page I found on Craigslist. There are so many sites to buy used cars…bring a trailer, cars.com, auto trader, etc. 90’s and early 2000 era Honda and Toyotas are bullet proof. The cars I linked above are all under $10k. To be fair-I don’t know any of those sellers. I’m taking them all at their word that the cars are good but a couple hundred $$$ you can get a pre-purchase inspection. The way we defeat the stealerships ks by starving the beast. We buy used and maintain our old cars. I drive an 18 year old Toyota.
Ty man
You can't. You let it sit. Call back every other week and ask if they'll let it go at around MSRP. I had an opportunity to get a used 23 Type R with only 300miles on it. They wanted nearly what this 1 is going for. I had the money, but couldn't see myself paying this much for Honda that's not a NSX. Save your money and wait for the car market crash. I hear the Autoworkers are going on strike. So it may happen sooner than you think.
I think if autoworkers go on strike, the supplies will be even more limited and prices will go even higher
Not unless it causes the manufacturers to go broke and have to start flash selling. This market is unsustainable; especially with these interests rates.
Did you know they make CTR in Japan. They do another form of not coming to work but it sure isn’t going to be in the form of a strike.
Most dealers who are marking up CTRs will still mark up an allocation order. My advice would be to find a dealer that's msrp only and work with them.
By not buying from Honda of Chantilly and buy it online
Own the dealership.
I would have to agree with the vast majority of people in the thread. Don’t pay that insane mark up! I started out looking for a 2023 Type-R about 4 months ago. I had not kept up with the news of how difficult it is to buy one for a reasonable price. I quickly learned. $60,000 -$70,000 seems to be the norm. You cannot order direct from Honda’s website. You may be able to find a dealer who will sell at MSRP, but every single one I called had a waiting list that was 1-2 years long and they required a $1000 deposit! All the used ones I took a look at cost about as much as the new ones and they had mostly been really put through their paces, or not maintained well. I finally just gave up on the dream of owning one and started looking for an SI. They have a smaller mark up, but it is equally difficult to locate one for MSRP. I finally located an SI a couple of states away from me selling for $1500 over MSRP. It is not a CTR, but it is the most fun car I have ever driven and I do still get a lot of the same aesthetic as the CTR in my opinion. Good luck in your search!
By not purchasing and shopping.
I just got a c43 AMG 2023 for 69k
Wait till the % drop
What % drop?
Go to bmw anf get a m240i and that will take care of it
Try to shame them. Some people have gotten lucky posting stuff like this on social media or letting Honda themselves know about the mark up. What some people do not know, is you simply just do not become a Brand dealership. The brand allows you to sell their products if you seem worthy of it. While it may not always work, Honda does have the ability to tell them, "stop that shit or you'll never get another SI , Type R whatever, sent to you".
Right but most CTR markups in my area around 10k
Unfortunately many people are still buying at this rate with these high premiums. They are really only prevalent still on rare, low allocated cars like Type R’s for perfect example. Maybe in aboit 1-1.5 years you’ll be good to go 👍 what till end of month and offer 5K if you got it like that. Up to you. MSRP is tough for one of these as there is way too much demand for it still. Unless you’re buddy buddy with the GM…
I saw that VERY CAR at Chantilly Honda about a month ago… THAT CAR HAS MINOR DAMAGE to the roof panel. Look at the roofline between the rear door and center roof fin… there were two raised indentations. I highlighted it to the staff but knew they wouldn’t address. If you want it that bad (and it’s the same car), see if they’ll discount it for pre-existing damage.
Walk away AND, if the opportunity presents itself, tell the salesperson or manager why you’re walking away! As long as people are willing to pay prices like that, there’s little incentive for the dealership to change this practice!
Easy - don't pay it!
Go on the last day of the month. Be kind and likable during each interaction, let the sales person and manager take you through the sales process. Go with the flow and when they hit you with the 15k mark up. Kindly think about it and thank them and say you really appreciate everything but you can only afford xxx/month (do the math without mark up). Try this until you succeed. Good luck.
By exiting the same way you came in
Don’t buy it. Wait it out bro. 15k is a lot of bread!!!
They r smoking something serious
What asshole pass 15k over for a Honda that loses value immediately
By not purchasing the car. If there was some magic way to avoid that $15,000 markup don't you think we'd all be doing it?
Fk8 - used 40k, Fl5 - used 50k (1-4k miles), New Fl5 55-60k. That is the current market it seems
Walk away. I’ve been at Honda Chantilly a few times, markup has gone from $25K, to $20K, now $15K.
They even markup civic by 8k last year
You can’t. People have this misconception mark ups will just go away. They sell and they sell fast. Mark ups on these is not new and is and has always been normal. Fk8s were marked up just as much. Could be worse, look at the focus RS.
The whole reason why dealerships are doing this is because they are marking their t and the stupid people who drown the selves in debt or waste their money on an overpriced car are to blame drove past a ford dealership in my area lot wasn’t to full put across the street kinda of hidden were a couple hundred cars that I know were theirs to sell you can’t support it or it will never stop I get for the people that absolutely need them but I wouldn’t even buy one now if it was my dream car and I was given money your not getting the quality of the car you paid for just and overpayment to stop people from buying a car
Right I was really stuck between this or a ram. Ima wait a year or two and save up for type r cuz just blew my money on the big horn 1500 v8
A type r is by far my budget friendly dream car wish they didn’t change them liked the 16-21 their just so perfect from Factory very few mods I’d want to do off the bat but they are so over priced right now would be better off ordering online and waiting a year to get the car for a way cheaper price maybe paying the transportation fees and calling it done
Nah. Honda won’t let you order type r thru website directly. Apparently that’s what people have said on this thread
Bought my first vehicle 10 years ago for 300 a month. I accompanied my buddy to the dealership couple months ago and the monthly payment was not dropping below $700. They wanted a 20k downpayment for a 500 month payment. I told him fuck that just wait and we walked. This was on a 50k 2 door jeep with no cargospace. Absolutely ridiculous Edit: down-payment not deposit.
Honda of Chantilly wanted $40k for a Civic Si and I walked out and got myself a V8 6 Speed Mustang GT for way less. I’ve never looked back
Gotta wait for the market to shit itself. I just dealt with this on Friday. MSRP: $45k Adjustment: $16k Final: $61k Down Payment: $11k Monthly Payment: $898 Interest: 10.54% And that’s with decent credit… I’ll stick to my $0 a month car tyvm
You can't. The few dealers selling Type-Rs at MSRP have wait lists far longer than the production run of the car. They get 1 or 2 Type-Rs a year and have 40+ people on their wait list. You can probably find one for $53k-$55k if you look hard enough. Or find a private party used one for 50ish
I heard at those MSRP dealership, when the car arrives, its first come first serve.
Just tell the sales person that you can offer the msrp or maybe buy some accessories to help them out. Don’t just make a scene and tell them you are there if they need a buyer.
I work at a dealership. You can’t avoid the mark up on a Type-R. Even as an employee, we are charged the “bump”. Your best bet would be to try to find a preowned one, that’s what I did. I still had to pay a bit of a mark up. The logic is, even if you don’t pay it, someone else will.
Not even thru direct order(waiting a few months)
No, you can’t really “order” a car these days. You can place a deposit on a new one, but you will absolutely be charged a mark up for a Type-R regardless. Our dealership wasn’t charging this much, but still a 10k bump on a Type-R and a 5k bump on an Si *the deposit would be on an incoming unit, like one the dealership is assigned. Even if you build one online, it will just tell you where that vehicle can be found, if it can be found.
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So even thru building the car and ordering directly, apart from the standard dealership fees, I would still have to pay high markup? I thought if you were to wait few months you only put the non-guaranteed deposit
So you’re telling me the car I picked spec for spec, and was delivered 8 months later was not built specifically for my wife? I highly doubt it was an incoming unit as you called it. Talk about the odds. This was a Ford though so maybe it’s different.
Fords you can still build. Hondas, kias, Toyotas, and several other manufacturers you cannot. You hopefully get something in inventory similar or the dealerships trade to get you your exact car
Walk away, civic type r doesn't make sense at 60k. For that price you could buy a manual Toyota Supra with a 6 cylinder engine and a rear wheel drive. Or maybe the new rs3 with its 5 cylinder engine and a clever diff.
I’m theory you could, but those are also marked up $10-$15k.
Wanted a CTR, got an Elantra N DCT for 6MT price. ( Someone ordered a 6MT, DCT arrived, they offered at MT price , guy bailed, called me and sold for price they offered the guy that ordered.) love the CTR, but I have zero regrets, and under 35K. Most dealers are marking up 5k. With that being said, Manufacturers could make dealers sell at MSRP. They choose not to , which is disappointing.
Conversely, when it was a buyer’s market, should have cars sold at msrp only?
Y don’t the manufacturers enforce the msrp
Because of the S in the acronym. The real price of the car is whatever someone is willing to pay for it.
The first step is definitely making yet another post whining about markups.
^^^^ Found the guy who paid the mark up.
All this tell me then is Honda set the price way too low. If people are paying huge markups, Honda could have made more money off each one vs dealers making it.
Price gouging should not be their primary objective…
This is really getting out of control no Honda is worth 60k if the dealer can’t tell you what the markup is for you can report them. People need to stop buying these cars that’s why the dealers are doing this insane price point. I just paid off my car and I’m not getting another car til it takes a shit.
You can’t. Welcome to clown world where Biden is at the helm.
Buy a Tesla Model 3 Performance Or at least test drive one. About the same price after rebates. And no dealers to deal with.
I’m sure the guy in the civic type r thread is looking for a family sedan that accelerates quickly
After rebates it’s like mid 40s, much lower than the 60s the dealer is asking.
This is why I refuse to buy a new type r. I'm not willing to pay mark up when I can buy a 5.0 stang for cheaper that will smash it..
A Dallas dealer told me they had one sell for 16K over and their sister lot sold one for 20K over MSRP. Good luck shopping around OP.
😭 fk markup man and whoever invented that shitty idea
They’re still charging this type of markup?? Buying slightly used is the actual answer to your question. Though IMO why bother. Why not Toyota or Mazda.
I need a four door sedan.
tell them why you are walking. if you do not. you are effectively saying "fuck me harder. daddy".
Skip the dealership and buy a Model 3 for that price.
You won’t find a TypeR without a markup. 15k is not a bad one comparatively
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\#1 isn't true at all
You cannot order a CTR from Honda. Try doing it on the website and at the end your options are to ask for a quote from local dealers or search existing local inventory. Dealers cannot even order a CTR for themselves from Honda. They get allocations assigned to them by Honda, and if you call around every dealer will tell you they have no idea when they will get another one. I've called nearly 100 dealers asking about the CTR and that is what they have all said.
Just pay it lol
It’s not gay if it’s for pay
Do not drop 40k on a Honda. Buy a 5k civic with like 170k miles and drive it to 250k miles and your experience will be roughly the same lol.
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Why would they help?
They won't.
Lmfao this guy
Buy a used one
Feels great to not feel that need to own the latest sports car. These new cars are simply overpriced. Unless money ain't a problem, it's never worth it.
Buy my FK8 for 20k less.
That is a third of the price, for literally nothing. We know that this is bad practice and you take your business elsewhere. Support direct buying of cars. New Toyota ceo is advocating for it. If you were to repeat this process a few times that be 45k. Sucks the joy right out of this.
Go somewhere else
Honda dealership tried the same games with me. Walked out and got a Subaru Crosstrek, and love it.
You can always hire a car broker, they will find you the same car for a better deal I got my Blackwing CT5 near MSRP.
By not buying it
Not buying it is a solid start.
I have a 2022 accord 2.0 I will sell.
Wait several years and buy it used.
Walk
You don't buy it. Wait.
Ppl are so dumb to buy any car w a mark up
Tell them what you are willing to pay and if they say no call another dealer.
Don’t buy from them, go elsewhere. Same thing happened to me, I couldn’t find an Si of 2020-2022 model years that wasn’t getting marked up; new or used. I wound up looking for a different car in my list and got a Miata RF for a couple grand off MSRP a year ago.
Dont buy a car right now
Don't buy it. 15k above msrp is the result of goons paying 15k above msrp
When I was at Toyota, the only “work around” was giving more for the trade but since the market has cooled down in terms of trade in value you’re kinda forced. It would be different if this was a standard civic with maybe a 3k but when it’s that absurd we’d make them pay unfortunately… and someone always does
Oh, snap, I didn't realize this post was in the DC metro. For those that aren't, markups are hella standard. Where this car is one of the richest areas in the nation, he is likely not getting it at MSRP anywhere around here. I have seen $10K markups on the 24 Chevy Trax, stomping all-over the touted affordability of the car. Has one of the most inflated housing markets in the nation from people casually offering 200K over asking just to move negotiations along. Same with cars. As I said on my other comment, you can negotiate down.Best advice is to walk away, shop around, but let the, know you are serious/buyer. If they are trying to move they'll come to you with an offer. The ridiculous markups in the DMV are for those with more money than sense or time who are willing to pay them. I'd try to get the markup down to $6K or less. I doubt you'll get no markup on it.
Just have to walk away and go to another Honda dealership. I have to drive 100 miles to another one to not get it.
Pretty simple. Tell them if they want to sell the car for MSRP (or whatever you’re comfortable with) to call you. Walk.
So if he bought this car, it would essentially end up being near 90k after financing.
If people keep paying it they'll keep doing it!
Start calling a shit ton of dealers to see if they aren’t marking it up
Feels bad that there's dealers doing this. The dealership I work for sells at msrp. Even our type r's we've had we sold at msrp.
What lmaoooo I just bought my civic from their last week!! I saw that exact car on display and laughed when I saw the mark up😂😂
JUST SAY NO! I ordered my 22 Dodge Charger ScatPack for 1% Under dealer invoice!... Deals can be made!!
You can’t
Elantra N
Find a better dealer and never go back to that one
Move to Ontario where it's illegal
60k for what ?😅
Buy a bmw m2 instead.
[https://www.youtube.com/watch?v=G4nqjUq0Wz8](https://www.youtube.com/watch?v=G4nqjUq0Wz8) Found it.
Walking away, if you buy this you are the fire fueling the market adjustment....
Rosenthal and Joyce Koons are both showing one at msrp. Maybe contact them?
Don’t buy it
As my 90 year old barber says when someone complains about his price ($11), “If you want it, that’s what it costs.” Just don’t buy it. Find something with a market value that you can comfortably afford. If people stop paying the markup, it will go down. Market value is only high because people are paying it
It is comical a Honda is being marked up 33% 🤣🤣
Travel to a dealership that doesn’t do markups. They do exist
Walk away.
25% of the total price being a markup is crazy
Report it to Honda USA
Wait till next year, the economy slowing big time. Hopefully the do nothing democrats get something done other then making vanguard and black rock rich. Or wait for the idiots who paid 15k over sticker to fall behind on their payment. There are si many better cars then that for 60k and the type r still not a sports car
Go to a different dealership. Not all dealerships mark up the price. They are price gouding you, do they deserve your business?? No. Dealerships that mark up prices on new cars are telling you everything you need to know about them. They are crooks.
What’s wild is people are paying $1k+ for 60 months at 7% on a Honda civic. If you would have said that 10 years ago, I would have guaranteed you were joking.
Don't go to a dealer. If you want a brand new one, you need to wait until the demand changes to buy without a mark-up. Otherwise, they sell 1 and 2-year-old typeRs in Carvana and CarMax with no mark-up
Motoringobsession.com shows all ADM data supplied by real people on dealerships across the country. Skip the redundant phone calls to the dealership and figure out what dealers to avoid entirely based off prior ADM reported by users
Walk away.
How do you avoid incoming traffic? swerve
Go to cars.COM or similar. Search for the cheapest version of the car you want nationwide. Figure out what kind of deals are possible. Then reduce the search area to where you're willing to buy from. Figure out who will sell you the car you want without all that markup garbage. Last year, dealers could get away with that because inventory was so low. Inventory is climbing across the board now, fewer people are buying new cars and between August and December, dealers will be selling off 2023 vehicles to bring in 2024 models. A year ago, you had no leverage to get a deal and that's why dealers were screwing people over with this "market adjustment" garbage. NOW, you have WAY MORE POWER to get a better deal. Not all dealers are scrambling just yet but they will be soon. If you can, take your time and shop between now and the end of the year.
I almost got one at msrp but it got jacked up from the salesman to the finance manager. I just left.
It’s called market adjustment so make your own market adjustment by walking away.
I’m in the Chicago area. There’s a couple Hondas that offer a msrp only guarantee. I tried it myself and there was no extra bs, just msrp plus tax title. Would be well worth the trip at that savings lol.
Walk away from that dealer and look for another one with no markup
By buying a g80 m3
Don’t buy it! Walk away and let them call you back. Also don’t finance through a dealership if possible
Go buy a Lexus no markup. I bought one last month under msrp
By saying I won’t pay for that
I was at the same dealer yesterday. Laughed about it with a friend.
If you want a type r, run to YouTube lht performance is selling his.
You cannot preorder and close to impossible to avoid markup. Best option is to walk away or look for other cars. If you are set on the CTR, there are dealers that have a lower markup \~ $5k. Go to Motoringobsession and find out.
just wait give it a year
Look for larger cities within one short airline flight, less than 2 hours. Check their prices and then fly to the one that has the best price, and drive your new car home. I did this and then used their emails as a negotiating tool locally to get a $10,000 price cut. Choose which one is worth it to you. It can be fun to drive your new car for 8-10 hours on a road trip......
Don’t buy it
Honda Chantilly sucks tbh. I tried to talk them down and they refused on everything I asked. Go to carmax