Inventory situation... is the shortage real or are dealers playing hardball?
#1
Burning Brakes
Thread Starter
![Angry](https://acurazine.com/forums/images/icons/icon8.gif)
No end in sight? Multiple reports saying that production levels won't be near normal until the end of the year.
Here's one article:
http://www.moneycontrol.com/news/bus...ly_539886.html
And here's an email response from a local dealer when I put in a few reasonable quotes...
"Thank you for your interest in Acura and for taking the time to submit an offer.
We cannot accept either offer at this time as there are no cash incentives on the TL or TSX. We don't anticipate receiving any this year based on our inventory situation. That said, we are certainly willing to discount the vehicles; we just don't have any additonal assistance from Acura.
For reference, here are a few links that show our invoice price on the car as well as Edmunds.com's "true market value". "
FWIW, my offers were very reasonable. I personally think dealers are holding inventory and trying to sell as close to sticker as possible, if not more...
Here's one article:
http://www.moneycontrol.com/news/bus...ly_539886.html
And here's an email response from a local dealer when I put in a few reasonable quotes...
"Thank you for your interest in Acura and for taking the time to submit an offer.
We cannot accept either offer at this time as there are no cash incentives on the TL or TSX. We don't anticipate receiving any this year based on our inventory situation. That said, we are certainly willing to discount the vehicles; we just don't have any additonal assistance from Acura.
For reference, here are a few links that show our invoice price on the car as well as Edmunds.com's "true market value". "
FWIW, my offers were very reasonable. I personally think dealers are holding inventory and trying to sell as close to sticker as possible, if not more...
![Annoyed](https://acurazine.com/forums/images/smilies/annoyed.gif)
#2
I can assure you that it is very real. We still get those emails from people all over the west asking for invoice pricing on a car we don't have and can't get. All of our wagon orders have been canceled. Cars that were a 2 months out have now been pushed back farther or canceled all together. Here is part of a letter that we received this week from John Mendel.
"Following are several specific issues we can confirm that will affect your supply of Acura vehicles in the days ahead.
• Regarding Japan production, we will fulfill the existing orders from March and April with May and June production. After that, due to the limited parts supply we will bring in only a very limited number of Japan-built vehicles for the remainder of the year. Fortunately, approximately 80 percent of the vehicles we sell in America are built at Honda plants in North America. However, this may mean several models including TSX, TSX Wagon, and RL will be unavailable for order until later in the year."
"Following are several specific issues we can confirm that will affect your supply of Acura vehicles in the days ahead.
• Regarding Japan production, we will fulfill the existing orders from March and April with May and June production. After that, due to the limited parts supply we will bring in only a very limited number of Japan-built vehicles for the remainder of the year. Fortunately, approximately 80 percent of the vehicles we sell in America are built at Honda plants in North America. However, this may mean several models including TSX, TSX Wagon, and RL will be unavailable for order until later in the year."
#3
A dealer yesterday (NJ) told me they won't be producing any more 2011 TSX Sport Wagons this year and will be coming out with the 2012 in October. The .9% financing offer which had been through May 2 is not being offered. Unfortunately, the best price I could find was for black exterior, which is not for me.
#4
The shortage is very real. I went and got a new TSX with a great deal early even though I still had a month left on my prior lease because I saw this coming. After I picked up my '11 last month, my dealer told me they weren't getting any TSXs in May and who knows when after that. Another dealer I called said the same thing. I wanted a black on black 6 speed with tech which are hard to come by even in the best of times, so I'm glad I made a move when I did.
#5
Burning Brakes
Thread Starter
White92, I wonder how that affects 2012 TSX models, since they come out in the fall (or are supposed to)?
#6
I doubt you'll see the 2012 TSX in the fall if they can't even get the high volume 2012 Honda CR-V going by then, which is much more of a priority because of its greater importance to Honda's bottom line. We didn't even get the 2011 TSX until December.
#7
I don't know if it will be the fall or not. The 2009 TSX first came out in May so I don't think they hold fast to the fall time for cars coming out. I doubt it will be back to normal by then and they won't start building 2012 TSX's just because it's time to start building them. They still need the parts to build the cars whether they are 2011 or 2012 models.
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#8
On Monday, Honda announced it was suspending June and July dealer orders for the CR-Z, Civic Hybrid, Fit, Acura TSX and Acura RL. Those vehicles are built in Japan, where shortages are still severe. At this point, the Japanese automaker is expecting operations to return to normal production before the end of the year.
This is all very bad news for Honda, and it's bad for consumers as well. It appears that Honda showrooms are likely to be very short on product for an extended period of time.
This is all very bad news for Honda, and it's bad for consumers as well. It appears that Honda showrooms are likely to be very short on product for an extended period of time.
#9
Burning Brakes
Thread Starter
Agree Killer.
PS - Your avatar is SIIIICCKK. Archer FTW!
PS - Your avatar is SIIIICCKK. Archer FTW!
#10
Trolling Canuckistan
#11
I picked my '11 TSX up last Friday, three days before the previous pricing and incentives expired. I made the deal the week before at a price of $27,400.
I ended up getting mine for $28k, but towards the end they were threatening to pull their offer completely and nix the entire deal due to the inventory situation. I pissed and moaned and they raised their price a little, but given the current landscape I feel I got a decent deal.
The financing and lease prices have all changed, I think if I hadn't got the deal I got I would be looking for a '10 CPO...
I ended up getting mine for $28k, but towards the end they were threatening to pull their offer completely and nix the entire deal due to the inventory situation. I pissed and moaned and they raised their price a little, but given the current landscape I feel I got a decent deal.
The financing and lease prices have all changed, I think if I hadn't got the deal I got I would be looking for a '10 CPO...
#12
Not exactly TSX related, but this is affecting ALL production including NA.
Today's update (excerpt):
It looks like we're not going to be able to select color and trim combos. Dealers will have to take whatever they send.
Today's update (excerpt):
As we informed you on May 2, tomorrow you will receive your allocation of the June 2011 production from our North American facilities. Due to our parts supply situation, these vehicles have been pre-selected by trim and color.
Given the sales and inventory situation we have outlined previously, for future allocations we will continue to look at the allocation parameters to provide a fair and reasonable allocation for all dealers.
Please note, existing and future orders will need to be adjusted for exterior color changes due to supply of a paint pigment. We will inform you of the color changes separately.
Given the sales and inventory situation we have outlined previously, for future allocations we will continue to look at the allocation parameters to provide a fair and reasonable allocation for all dealers.
Please note, existing and future orders will need to be adjusted for exterior color changes due to supply of a paint pigment. We will inform you of the color changes separately.
#15
I may be fat but I'm slow
FWIW, I've been watching prices on USAA's car buying service; pre-earthquake, they were quoting ~$27.5k non-tech and ~$30.5k tech; now they are saying ~$31.5k tech, I believe.
#16
I'm glad I picked up my wagon when I did... There were 2 wagons with tech, and 5 without... I just checked my dealers inventory last night, and they only showed 1 left in stock..
Been stopped a few time by people asking me about the wagon... which is a pretty odd experience...
Been stopped a few time by people asking me about the wagon... which is a pretty odd experience...
#17
Instructor
My dealer had 3 2010 models, all but mine were being used as demo vehicles (I had 8 miles). They told me they had no 2011 models coming due to the problems in Japan and weren't sure when they'd be getting more.
#18
#20
Took delivery of a wagon yesterday. Deal negotiated in late April and my dealer did not adjust the lease price even though the incentives ended May 2. They only have two other wagons in stock and are not anticipating more until October. BTW the car is GREAT !!!!!
#21
This is all very interesting I did not realize how serious the problem was ... I really thought dealers were just using it as a way to raise process .... This is def eye opening
#22
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I'm glad I got my wagon when I did!
#23
Burning Brakes
Thread Starter
More proof that the situation is playing into the economics of the used car market:
http://online.wsj.com/article_email/...Tabs%3Darticle
http://online.wsj.com/article_email/...Tabs%3Darticle
#24
Your price didn't change because the national pricing adjustment had already occurred by late April. My deal was struck late March and I had to wait a few weeks for the car to be shipped from Japan. The week before I took delivery April 15th, I was notified they could not honor the pricing that was first offered. They still offered a fair price, it just wasn't the awesome below invoice deal I originally had.
#25
Burning Brakes
Thread Starter
Another article; this time from the Tribune:
http://www.chicagotribune.com/busine...,3558523.story
Be sure to read the last paragraph...
http://www.chicagotribune.com/busine...,3558523.story
Be sure to read the last paragraph...
#26
i dunno how accurate the tribune is considering im pretty certain that the TSX and RL are made in japan, while the TL is not, yet all three are listed in "short supply", indicating that this researching probably wrote this article half assed
#27
The TL is manufactured in North America, but it most of its parts still come from Japan. So it too is affected. Any car relying on major parts from Japan will be in short supply no matter where it's built.
#28
I purchased a TSX Wagon last week and I know they are in short supply. Acura may even let the 2011 supply run out and the new supply may be called the 2012 model when they are able to deliver more of the TSX's from Japan.
My dealer only had one TSX Wagon in stock with little chance of getting any more for a while. I didn't like the one they had in stock and my dealer had to do a dealer trade to get me the TSX Wagon I wanted. The trading dealer took a TL from my dealer in place of the wagon I wanted.
My dealer only had one TSX Wagon in stock with little chance of getting any more for a while. I didn't like the one they had in stock and my dealer had to do a dealer trade to get me the TSX Wagon I wanted. The trading dealer took a TL from my dealer in place of the wagon I wanted.
#29
Burning Brakes
Thread Starter
In other words, TSX is most affected by the disaster overseas...
![Chug](https://acurazine.com/forums/images/smilies/chug.gif)
#30
I leased a TSX wagon two weeks ago and my dealer had only four available (now there are two). They confirmed that the next shipment will most likely be 2012 models. I negotiated the lease at the end of April and took delivery May 7th. The price was very fair and they honored the national Acura program (0 0 0 35 payment lease) that expired May 2nd. The car is for my wife and she just loves it.
#33
well they can do a dealer swap with another dealership. pretty much a car trade. keep in mind though that negotiating a deal is more difficult when that happens, but most will accomadate you. go ahead and try. dont settle, its better to wait until they are in stock or try your hardest to find a dealer who has what you want. remember you are keeping this car for a minimum of 3 years, you gotta love what you get and not wish you got someting different
#34
I did the dealer swap with my new wagon, but I went into the price negotiation with a printout of my preferred vehicle from the dealership less than 200 miles away. In other words, they KNEW I had already located the exact vehicle I wanted. My dealership wanted to keep my business and the negotiations went very well.
#35
10th Gear
Yuck remember one thing folks...Dealer Trades are not good!!! I work for an Acura dealer and have worked for other car lines. Dealers only trade their worst car...paint damage, tree sap, bird doo stain, missing floormats, etc. Hawk your car over if they trade for it with another dealer.
#36
If they can't find what you want and you don't want to settle, then you'll have to wait. I've read it could be as late as October before some factories are at full capacity. In which case, I'd wait for a 2012.
#37
Yuck remember one thing folks...Dealer Trades are not good!!! I work for an Acura dealer and have worked for other car lines. Dealers only trade their worst car...paint damage, tree sap, bird doo stain, missing floormats, etc. Hawk your car over if they trade for it with another dealer.
I'm not sure I agree with that. My last TSX was a dealer trade and it was flawless. Part of delivery prep is correcting any flaws before delivery. The manufacturer pays the dealer for this service. There is no reason for a dealer to deliver a defective car.
#38
Yuck remember one thing folks...Dealer Trades are not good!!! I work for an Acura dealer and have worked for other car lines. Dealers only trade their worst car...paint damage, tree sap, bird doo stain, missing floormats, etc. Hawk your car over if they trade for it with another dealer.
#39
As previously noted your dealer can do a dealer swap with another dealer that does have what you want. Keep in mind that the area in which each dealer does this varies. Usually within a certain mile radius. Your luck with that will depend on how rare what you want is. For example, If you want a manual tranny with tech you are almost certainly shit out of luck.
If they can't find what you want and you don't want to settle, then you'll have to wait. I've read it could be as late as October before some factories are at full capacity. In which case, I'd wait for a 2012.
If they can't find what you want and you don't want to settle, then you'll have to wait. I've read it could be as late as October before some factories are at full capacity. In which case, I'd wait for a 2012.
Any information on the 2012?
I am simply looking for white, w/ black interior (
IIRC, these cars are assembled in Japan/USA? VIN starts w/ a J. I'm a bit weary about waiting that long, have no real idea of the impact, nor would I want something built there, if you know what I mean.
I'm not in a great rush, but I agree that if I can't get what I want, I might have to pass, then again I'm kind of pressed into getting a new car.