1990AccordEX

hello all,

out of curiosity is there anyone putting down a deposit to secure a new Type-S?

I have never done this before and wondering if anyone has done this before and anything to consider when doing so. I went to my local dealership and they're not expecting to get a shipment of any Type-S to sell to customers till august as the expected delivery. They just have one for display and test drives purposes at the moment. Sweet car and excited to get one soon

Thanks

DubPK

I have a deposit down, comes in October. I can back out up until a test drive. It's pretty easy, just make sure you don't get bent over over it. Find a dealer who will do MSRP for you or walk away. All there really is to it from there, try to get them to throw in an accessory before you sign anything making it final.

The biggest gotcha is just absolutely do not pay any mark up.

1990AccordEX

yes sofar they're only doing MSRP pricing for it so Im happy for that part, hopefully it stays that way. Civic Type-R are still going for 8-10G markup in the my area so I hope it stay that for that lol

Thanks for the help!

leomio2.0

It depends on the area. There are plenty of reports of dealers already asking for $5-10K mark-ups.

KeithL

Sad, as the car while nice, does not warrant any markup over MSRP.

BOWA41

I have a deposit down, TBD on when it will arrive since I ordered the HPT/Y spokes option. Paying MSRP.

GhostTL09

iTrader: (1)

my dealer only required $500, no markup

BEAR-AvHistory

Just a note based on what happened to the Corvette & one of two reasons I did not buy one. A lot of guys put down the standard $1000 for a place in line @ MSRP. When the cars came in it was oh by the way there is a market adjustment of $20,000/30,000. Punter says but I left a $1000 deposit with you for two years.

Dealer said that held you place in line now pay the ADM or I will sell it to the next person in line that will.

Point is unless you have a signed & DEALER accepted contract you have no way to secure your MSRP deal.

FWIW the 3 largest volume Corvette dealers did honor their MSRP arrangement. Many smaller dealers especially in CA did not. Lots of anguish on the Corvette C8 Forum. POINT was without a signed agreement you have nothing but a car salesman's word.

DubPK

Excellent point but god damn what a fucking awful thing to do. It's such bullshit how sleezy dealers can be, wish we could just order the car directly from the manufacturers when buying new.

BEAR-AvHistory

Dealers & dealer associations make substantial contributions to local & national politicians to keep the franchise sales model in place. Look at Tesla's legal adventures in trying to sell direct to the end user.

DubPK

Yep. It's sad because even at MSRP there is a healthy profit margin built in for dealers and even when a buyer knows exactly what they want, requires no selling or extra leg work they just walk in and say take my money the dealers are still trying to get an extra ten grand for filling out the paperwork and handing you the keys. Disgusting, corrupt, bullshit.

mike03a3

The GM at my dealer (which is supposed to the the largest in Acura sales in the country) told me that he has more deposits than he will receive 2021 models. He said he doesn't expect to see the 2022s until December.

GhostTL09

iTrader: (1)

Mine is built, just a waiting game. I was given my OTD price today. I guarantee I won't be bludgeoned when my car shows up in a week or so. I know some dealers are really sandbagging deposit holders though

Kense

I’m reading here people putting deposits down then going in and finding out the dealer decided to mark the car up 5k-$15k in one case. Absolutely no excuse for that bait and switch greed

fiatlux

Happens way too often. Audi Marin pulled this same stunt on a customer by adding a $30K ADM at delivery: https://hooniverse.com/last-call-dea...avant-edition/

leomio2.0

Seems the nightmare is real. The Type-S is a very capable and good all-around car, but it loses its primary advantage over its competition with the mark-ups.

Edward'TLS

The only sure way to nail down the MSRP is to put down a deposit and sign an "Offer to Purchase" agreement. Otherwise, it works both ways. The customer can refuse to buy the car and get back the deposit, or the dealership can jack up the selling price.

robnalex

I just checked my local (prefered) Acura Dealer's website and they've got 1 listed - at MSRP.

fiatlux

They can list whatever they want on the website. It's possible the ADM isn't shown until you actually go see the window sticker. For instance, the local dealerships here that have the car up on theri website have it listed at MSRP as well, but there's a $10K ADM when you get there:

https://www.acuraofserramonte.com/new/Acura/2021-Acura-TLX-3125d4240a0e09b078fcde64f75d2e7b.htm
https://www.marinacura.com/inventory...ub7f01ma000134
https://www.hopkinsacura.com/inventory/new-2021-acura-tlx-type-s-awd-4d-sedan-19uub7f05ma000119

sombasol

That is some bull shit. I live in Ontario canada and we have an entire regulatory body dedicated to enforcing all in pricing…

OMVIC

Speed Guy

100% agreed - it's a good low-50s car. It is NOT a mid-60s vehicle. Just WAY too many better options at that price point.

mike03a3

With 10-15K ADM you're getting into loaded 540i X-drive territory!! That's beyond insane.

Edward'TLS

The market will self adjust. Too high the ADM, the cars will sit in dealership lots collecting dust. As delivery trucks unload more and more Type-S into dealership lots, dealerships have no choice but to reduce or eliminate the ADM in order to sell their unwanted inventories.

However, if the Type-S sedans are still sold out even with hefty ADM, then we have to congratulate Acura and the dealerships for winning this one, and the ever-increasing ADM is here to stay.

Chargersix

The price is whatever the market will bear. Those who want the newest and brightest often pay a premium for that privilege. Even if the same car will be selling at a discount at the end of the year. Of course the internet makes it easy to cast a wide net when purchasing, but it may require travel. On an impulse, two years ago I found a new Civic Type R below MSRP in NC (I live in VA). While thinking about it, they called me that afternoon and said someone flying in from Illinois had just purchased it. Personally, I would never do business in the future with a dealer that added a markup above MSRP. Greedy in sales equals greedy in service in my book.

leomio2.0

Honestly, if you live in a climate where snow isn't a possibility, I think it'd be unwise to leap into a Type-S without seeing what the IS500 is about first. Pricing is going to be the key factor for Lexus I think. It obviously won't be able to compete with the Type-S, but you know that IS500 is going to be dead reliable. That powertrain has proven to be rock solid.

Plus, in the long run, I would wager it holds its value much better than anything else in the segment. Not only because it has a Lexus badge, but that V8 is going to be extinct sooner rather than later. Perhaps more costly upfront, but when you're looking to unload it and get your next shiny toy, you could likely more than make up for it.

Kense

Doesn’t surprise me at all Marin is full of Rich people. I was looking at BMW’s in San Rafael next door and they wouldn’t even budge on anything. I would never buy a car in Marin.

sombasol

Anyone looking for a type S at MSRP but only has dealerships looking to add on ADM, just leave them your name and say call me if you want to do msrp. Id be amazed if they didnt call you back by the time they had to make orders. These larger dealerships that may get 5,6,7 of them in, i highly doubt they find that many people to pay their premium. They can ask whatever they want but if they dont find someone to pay their ridiculous adm, theyre not going to lose an allotment and a sale if they have your name and your actually willing to pay msrp.
Any car sale works the same if you wanted a 2021 civic for 1500 off msrp, and the dealer said no, leave them your name and say call me when you can. No one wants to lose a sale, if youre 100% willing to do it then wait them out.

leomio2.0

Call me spiteful, but if a dealer was looking for absurd ADM or tried a bait & switch, I wouldn't even want to give them MSRP, as it's already a decent profit margin for them. I'd make them sweat it out and only buy for a couple thousand off sticker. An honest dealer that's selling for MSRP right off the bat, I wouldn't mind giving them my business. There's no rush ... there's nothing special about this car. It's very capable, but it doesn't stand out significantly from anything else in the segment. There are cars that do things nearly, as good as, and/or better than the Type-S.

I like the car, but it's not going to be limited production, so there's absolutely no need to go running to buy it. And again, it would be the most prudent, IMO, to wait and see what the IS500 has to offer before committing to this car.

DubPK

Agreed, nobody should pay ADM. Just walk away, if you want the car it will be obtainable for MSRP if not less eventually. Wonder how much the IS500 weighs, almost 500hp V8 and advertised 4.5 0-60 (not that 0-60 is everything I'm totally not saying it is!) but that's only marginally faster than the super heavy Type S has been testing with significantly less power. Wonder if they are under reporting it's capabilities. That said.. I still prefer the S for styling or the Audi offerings for that matter, just can't get over those huge fucking grills on Lexus products these days.

Kense

IS500 will probably weigh 4000 pounds or close to it

sombasol

is500 is rear wheel drive only, with a platform from 2013, with a non turno v8. Its not going to hook up as well off the line vs modern awd cars with 350ftlbs of torque @1500rpm, hence the lower 0-60 but once it gets going it should rip.

robnalex

Text with my preferred Rep at Leith Acura, Cary, NC:

Me: Kudos to you guys for not jacking up the TLX-S price above MSRP.

Him: We never do!

leomio2.0

All good points. And that’s Lexus’s formula … run things out for long periods and tweak them to make improvements. That’s why they’ve gotten such a reputation for reliability over the years, at least mechanically.

As for performance, as you said, with RWD, the biggest factor is getting a decent launch. That small gap to 60 is only going to widen as speeds increase.

And plus, that V8 sounds great and has been so dialed in by Lexus. Let’s just see what they do as far as pricing.

DubPK

Ah yes for some reason I was thinking those were AWD. It should easily outpull the S once in motion, will be interesting watching people inevitably compare these two. IS500 should pull harder, S is likely going to handle it's weight a bit better with the AWD. Lots of fun options out there for the last hoorah of ICE fun cars.

BEAR-AvHistory

My TL was from Leith Cary, Excellent price also bought one BMW from Leith Raleigh, (they serviced all of them regardless of where bought) again an excellent price with no "I'll check with the manager BS" They let me take the Z4 home over the weekend for my test drive.

fiatlux

I'd expect it to do just as well as the RC-F, seeing as how it's the same engine and all. The RC-F did 4.3s 0-60, so I'd expect the IS500 0-60 to still be quicker than the TLX, and the quarter mile to be much faster.

sonyfever

The spec has been available for a while from Lexus: 3891 lbs, 0-60 4.5.

https://www.lexus.com/IS500/2022_IS_...ss_Release.pdf

someguy11

All of you guys are making good points. Consumers need to make this a war of attrition with dealerships trying to predict (and exploit) demand. In my opinion, we don't have to look back very far to get a feeling for how well this worked for Acura dealers in the past. Take the TLX PMC. No one here is privy to the sales numbers or final purchase terms, but those were running at MSRP or above, but no one was racing out to buy them. I monitored a couple in my area that showed as available online for months. I'm guessing the price eventually dropped or the dealerships were more willing to negotiate on price to move them. Red V6 SHAWD Advance Aspec just wasn't that special of a car for the price.

robnalex

I've had a 27-year relationship with Leith Acura in Cary. Their service department is superb. They've got people, like their shop foreman, who've been there for 30+ years.

Colorado Guy AF Ret.

Always helps to be a customer of one dealer when it's time for the next one. I've purchased 9 Acuras since 2012...at times had 2 new ones at once. So, all I do is
call and tell my GM what I want, get a price, lock that in...takes less than 5 min, and we do my trade without them having to see it.
Also, it's nice that my dealer never sells any new vehicle over MSRP. That is by direction of the owners of the dealership. And, for me..I've never paid MSRP. Always work
from Invoice...up just a little. I get all my Accessories for 20% off List, and get discounted labor for any installs. It's nice and easy this way when you are a car nut like me, and
when it's time for the next one, I always know it will be fast, easy, and to my satisfaction. Currently talking about a '22 TLX Type S.....and I know I won't pay MSRP.....again, more
like a little over Invoice with all Acc. again at 20% off, as always. But, that is somewhat rare....but, again, as you, it goes to show that having a long buying relationship with one Acura
dealer makes it easy. Do I only buy Acuras? No....I also buy Mustangs. On my 12th one now. The owners of my Acura dealer also own my Ford Dealership. Bought my special ordered
GT, Perf. Pack with all options for well below Invoice. That GM is great and really is generous when it comes to other issues....buying the wheels and tries off the new Mustang for $$ that
I've NEVER came close to before. Has my new cars buff waxed at a custom detail store down the street...no charge! Etc. He's fun to deal with.

First time buyer walking in to my Acura dealer...will pay MSRP for the new MDX. Me....no way. I tried to explain this issue some time ago, and almost got ran out of here....like I was crazy, bragging,
or whatever. NO...just like you....I was explaining that making and building a strong bus. relationship with one dealer DOES make a huge difference, and the best way of buying a new car. Just a
fact that has proven out over many yrs of buying. Over 40 new veh. and still going. Till I drop I'm sure! LOL!