Acura: Sales, Marketing, and Financial News
11-09-2020, 06:43 PM
#5161
Team Owner
They dont care what the final price of the vehicle? yah sure, if it is HIGHER.. not lower
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YEH (11-10-2020)
11-09-2020, 11:47 PM
#5162
they dont want to deal with lights coming on or every pothole deforming the suspension.
Honda has San brunos dealer near Youtube .
in addition to Ocean Honda Burlingame (per sqfeet homes as expensive as Palo Alto)
. Honda dealers has to deal with most unreliable crap that Bayarea techies collect from around the world. They are swiftly disposed off to other dealers.
They put Acura dealer name on Carfax even though traded at Honda as they trying to sell
https://www.carfax.com/VehicleHistor...3e1eb4jf084759
Honda has San brunos dealer near Youtube .
in addition to Ocean Honda Burlingame (per sqfeet homes as expensive as Palo Alto)
. Honda dealers has to deal with most unreliable crap that Bayarea techies collect from around the world. They are swiftly disposed off to other dealers.
They put Acura dealer name on Carfax even though traded at Honda as they trying to sell
https://www.carfax.com/VehicleHistor...3e1eb4jf084759
11-10-2020, 03:15 PM
#5163
Do you live there that making baseless observations?
Its the lease and reliability that matters to people here who change vehicle often. There weekeneds are too important to deal with vehicle pick and drop at dealers. They dont care what is final price of the vehicle.
p
Its the lease and reliability that matters to people here who change vehicle often. There weekeneds are too important to deal with vehicle pick and drop at dealers. They dont care what is final price of the vehicle.
p
Reliability matters much less when people lease and leasing plays a huge role in the luxury market, esp. at the higher end (where Acura does not play).
I see soccer moms (and dads) with full-bore M and AMGs, and even the Alpina B7, even if they would never use that kind of power because they can (afford it).
There are way more Teslas than Acuras in the uber-wealthy enclaves, and we're talking Model S and X.
11-10-2020, 04:31 PM
#5164
You're such a dimbulb.
Reliability matters much less when people lease and leasing plays a huge role in the luxury market, esp. at the higher end (where Acura does not play).
I see soccer moms (and dads) with full-bore M and AMGs, and even the Alpina B7, even if they would never use that kind of power because they can (afford it).
There are way more Teslas than Acuras in the uber-wealthy enclaves, and we're talking Model S and X.
Reliability matters much less when people lease and leasing plays a huge role in the luxury market, esp. at the higher end (where Acura does not play).
I see soccer moms (and dads) with full-bore M and AMGs, and even the Alpina B7, even if they would never use that kind of power because they can (afford it).
There are way more Teslas than Acuras in the uber-wealthy enclaves, and we're talking Model S and X.
All on 101 corridor from SF to San Jose. Honda/Acura has most dealers. and they do service the cars and sell it. Are you stupid and not see that you are giving opinion about wealthiest brand in SF bayarea
https://www.sfhonda.com/
SF honda operates 4 properties inside SF inside city.
you working for brand that cannot even afford real estate where Honda/Acura dealers are located.
Do you see Land Rovers in pictures. Thats the dealers where Honda are trade in. Mean the owners can afford those leases. It is not for cheap people.
11-10-2020, 04:55 PM
#5165
Team Owner
Ok... i dont really understand what he is talking about now....
Is he trying to tell us that Acura is for Rich people? The brand that can't even sell a $60k flagship sedan or a $150k supercar?
Is he trying to tell us that Acura is for Rich people? The brand that can't even sell a $60k flagship sedan or a $150k supercar?
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YEH (11-11-2020)
11-11-2020, 04:32 PM
#5166
At the $60k+ price-range, which is what sells in the uber-wealthy enclaves, only 0.1% of Acura sales hit that threshold.
GM, otoh, is at 5.9%.
Which is why one sees more Escalades and Yukon Denalis in those neighborhoods than Acura as a whole.
GM, otoh, is at 5.9%.
Which is why one sees more Escalades and Yukon Denalis in those neighborhoods than Acura as a whole.
11-11-2020, 04:53 PM
#5167
If Acura/Honda does not have sell in these neighborhoods than it wont have so many dealers at prime locations. as service center at those dealers is the money making and those pick and drop in van in 5 mile radius.
https://www.cnbc.com/2018/01/18/why-...llionaire.html
Here’s why Jeff Bezos still drove a Honda long after he was a billionaire
11-11-2020, 05:58 PM
#5168
Team Owner
people hardly tell what they drive? WTF are you talking about?
11-11-2020, 08:07 PM
#5169
The income level i am talking about they own multiple properties and multiple cars in each property. but presumption is that they drive Honda/Acura more than other as Honda/Acura has more and bigger service centers in bayarea.
even independent mechanic shops are in expensive area and are decades in business.
Nicks Honda Acura Service Repair Serving Burlingame San Mateo Millbrae
even independent mechanic shops are in expensive area and are decades in business.
Nicks Honda Acura Service Repair Serving Burlingame San Mateo Millbrae
11-12-2020, 11:59 AM
#5170
Team Owner
I have yet met any "rich" people who buy cars based on dealership locations.
They usually have the car flatbed to the dealership if it needs service and the dealership is too far.
They usually have the car flatbed to the dealership if it needs service and the dealership is too far.
11-12-2020, 05:03 PM
#5171
The income level i am talking about they own multiple properties and multiple cars in each property. but presumption is that they drive Honda/Acura more than other as Honda/Acura has more and bigger service centers in bayarea.
even independent mechanic shops are in expensive area and are decades in business.
Nicks Honda Acura Service Repair Serving Burlingame San Mateo Millbrae
even independent mechanic shops are in expensive area and are decades in business.
Nicks Honda Acura Service Repair Serving Burlingame San Mateo Millbrae
in those areas, home prices are on average, still pretty high, so the typical household doesn't have that much $$ left over to spend on expensive autos (altho, there are those who have opted for a more modest home in order o spend more $$ on the household fleet).
But the uber-wealthy households in Hillsborough, Atherton, Palo Alto, etc. have the means to not only spend $3-10+ million on a house, but high end luxury vehicles (even with children not yet able to drive, they usually have a fleet of 3-4 vehicles).
To these people, spending $35k each year on private school tuition is nothing (that's for each kid) and they usually give ev a donation in the 6 figures to get their kids into those elite schools (competition is hyper fierce).
Who else buys the $100k (if not well over) autos, but the people living in those uber-wealthy enclaves?
And like had already stated, there are a few examples of the uber-wealthy who drive something modest (part of the time) for some reason (whether it is to project a certain image, anonymity, etc.).
But just like for the Zuckerberg example, you totally ignore that Bezos has the following hypercars in his garage.
- Lamborghini Veneno - $5 million
- Koenigsegg Trevita - $4.8 million
- Lykan Hypersport - $4 million
- Veyron Mansory - $3.4 million
- Ferrari Pininfarina Sergio - $3 million
He likely has an S Class or a Model S and some high-end SUV.
Last edited by YEH; 11-12-2020 at 05:05 PM.
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nist7 (11-16-2020)
11-12-2020, 05:53 PM
#5172
Yeah, that's servicing Burlingame, San Mateo, Milbrae, San Carlos, and like areas.
in those areas, home prices are on average, still pretty high, so the typical household doesn't have that much $$ left over to spend on expensive autos (altho, there are those who have opted for a more modest home in order o spend more $$ on the household fleet).
But the uber-wealthy households in Hillsborough, Atherton, Palo Alto, etc. have the means to not only spend $3-10+ million on a house, but high end luxury vehicles (even with children not yet able to drive, they usually have a fleet of 3-4 vehicles).
To these people, spending $35k each year on private school tuition is nothing (that's for each kid) and they usually give ev a donation in the 6 figures to get their kids into those elite schools (competition is hyper fierce).
Who else buys the $100k (if not well over) autos, but the people living in those uber-wealthy enclaves?
And like had already stated, there are a few examples of the uber-wealthy who drive something modest (part of the time) for some reason (whether it is to project a certain image, anonymity, etc.).
But just like for the Zuckerberg example, you totally ignore that Bezos has the following hypercars in his garage.
- Lamborghini Veneno - $5 million
- Koenigsegg Trevita - $4.8 million
- Lykan Hypersport - $4 million
- Veyron Mansory - $3.4 million
- Ferrari Pininfarina Sergio - $3 million
He likely has an S Class or a Model S and some high-end SUV.
in those areas, home prices are on average, still pretty high, so the typical household doesn't have that much $$ left over to spend on expensive autos (altho, there are those who have opted for a more modest home in order o spend more $$ on the household fleet).
But the uber-wealthy households in Hillsborough, Atherton, Palo Alto, etc. have the means to not only spend $3-10+ million on a house, but high end luxury vehicles (even with children not yet able to drive, they usually have a fleet of 3-4 vehicles).
To these people, spending $35k each year on private school tuition is nothing (that's for each kid) and they usually give ev a donation in the 6 figures to get their kids into those elite schools (competition is hyper fierce).
Who else buys the $100k (if not well over) autos, but the people living in those uber-wealthy enclaves?
And like had already stated, there are a few examples of the uber-wealthy who drive something modest (part of the time) for some reason (whether it is to project a certain image, anonymity, etc.).
But just like for the Zuckerberg example, you totally ignore that Bezos has the following hypercars in his garage.
- Lamborghini Veneno - $5 million
- Koenigsegg Trevita - $4.8 million
- Lykan Hypersport - $4 million
- Veyron Mansory - $3.4 million
- Ferrari Pininfarina Sergio - $3 million
He likely has an S Class or a Model S and some high-end SUV.
Just in my coworkers line there plenty of vehicles that cost $150K+ and they still have 3 to 4 vehicles per home and they have overseas home each one with same kind of vehicles.
I assure you none of them use Hyundai group products so Hyundai cannot afford real estate on such scale.
Acura has Marin dealership since 1986. It is that old brand interms of dealership.
Most of these pictures were taken before we had Tech boom after 2017. Now these people much more exepensive vehicles at home.
11-12-2020, 08:08 PM
#5173
Team Owner
and it seems yours is the only Acura there
11-12-2020, 09:58 PM
#5174
The Model X at that time purchased for $150K for cash for Minivan duties. there furtherr expensive cars parked inside the garage and that is mid level housing area with average housing price of $3M. thats not huge home thats why cars are parked outside. I wanted to teach Yeh as he was assuming that people in San Mateo, Burlingame, San Carlos cannot afford multiple expensive cars when biggest campus of private Nueva school in San Mateo. These are before current tech boom both in digital and biotech. think Snowflake San Mateo.
some people not bring expensive cars to work and some park cars outside as courtesy to make space in garage for people who bring expensive cars.
some people not bring expensive cars to work and some park cars outside as courtesy to make space in garage for people who bring expensive cars.
Last edited by SSFTSX; 11-12-2020 at 10:01 PM.
11-13-2020, 12:47 PM
#5175
Team Owner
Did you ask the Model X owner why he chose a Tesla you hate so much over the MDX that you love so much
You should tell him just how Honda's R&D is superior than Tesla and MDX will be faster if he put some upgraded tires on it...
You should tell him just how Honda's R&D is superior than Tesla and MDX will be faster if he put some upgraded tires on it...
11-13-2020, 04:24 PM
#5176
(The resident troll has a very annoying habit of switching the topic at hand when the facts don’t go his way.)
Go to the poorest parts of Appalachia and many households have 3-4 vehicles.
If there are teenagers of driving age in a household, there usually are more than 2 vehicles, and there are households without teenage drivers who have a 3rd, etc. car being their fun or recreational vehicle.
What differs is the kind of vehicles in their garage/driveway.
In the pic above, aside from the Tesla and maybe the Highlander, everything else is pretty old (likely a mix of keeping something for a long time and buying used); note how the Acuras being brought up or shown in the pics 'are all pretty old.
For the places I'm talking about, they'll have their Range Rover Autobiography parked next to their Escalade ESV, parked next to their S Class, parked next to their 911 RS (and maybe a Sienna or Odyssey for the nanny).
Again, if the people living in these uber-wealthy enclaves aren't purchasing vehicles $80k+ (which aside from the very low volume NSX, Acura doesn't play in), then who is buying all these higher end luxury autos?
And oh, the Telluride has a higher ATP than the Acura brand.
Good luck trying to find a higher trim Telluride in the bay area without paying a premium.
Last edited by YEH; 11-13-2020 at 04:37 PM.
11-13-2020, 05:14 PM
#5177
Who said people of more modest means can't have 3-4 vehicles?
(The resident troll has a very annoying habit of switching the topic at hand when the facts don’t go his way.)
Go to the poorest parts of Appalachia and many households have 3-4 vehicles.
If there are teenagers of driving age in a household, there usually are more than 2 vehicles, and there are households without teenage drivers who have a 3rd, etc. car being their fun or recreational vehicle.
What differs is the kind of vehicles in their garage/driveway.
In the pic above, aside from the Tesla and maybe the Highlander, everything else is pretty old (likely a mix of keeping something for a long time and buying used); note how the Acuras being brought up or shown in the pics 'are all pretty old.
For the places I'm talking about, they'll have their Range Rover Autobiography parked next to their Escalade ESV, parked next to their S Class, parked next to their 911 RS (and maybe a Sienna or Odyssey for the nanny).
Again, if the people living in these uber-wealthy enclaves aren't purchasing vehicles $80k+ (which aside from the very low volume NSX, Acura doesn't play in), then who is buying all these higher end luxury autos?
And oh, the Telluride has a higher ATP than the Acura brand.
Good luck trying to find a higher trim Telluride in the bay area without paying a premium.
(The resident troll has a very annoying habit of switching the topic at hand when the facts don’t go his way.)
Go to the poorest parts of Appalachia and many households have 3-4 vehicles.
If there are teenagers of driving age in a household, there usually are more than 2 vehicles, and there are households without teenage drivers who have a 3rd, etc. car being their fun or recreational vehicle.
What differs is the kind of vehicles in their garage/driveway.
In the pic above, aside from the Tesla and maybe the Highlander, everything else is pretty old (likely a mix of keeping something for a long time and buying used); note how the Acuras being brought up or shown in the pics 'are all pretty old.
For the places I'm talking about, they'll have their Range Rover Autobiography parked next to their Escalade ESV, parked next to their S Class, parked next to their 911 RS (and maybe a Sienna or Odyssey for the nanny).
Again, if the people living in these uber-wealthy enclaves aren't purchasing vehicles $80k+ (which aside from the very low volume NSX, Acura doesn't play in), then who is buying all these higher end luxury autos?
And oh, the Telluride has a higher ATP than the Acura brand.
Good luck trying to find a higher trim Telluride in the bay area without paying a premium.
i deliberetly put this picture in this angle. so that you can see the old Antique MB with Tesla. When i said Tesla was bough for Minivan duties for grocery shopping in local mall and local charity events. as there was local craze about green energy.it is all for show. Tesla cannot be used for any long trips or towing.
now look a that Tesla again. completely new that got damaged. . so they bough another New Model X. these are the cheap vehicles in that house thats why it alway parks on the street.
11-13-2020, 05:17 PM
#5178
they suppose to own one Tesla at time.
11-16-2020, 02:29 PM
#5179
^ What you state is just inane nonsense.
Aside from the MDX and RDX, mostly see older Acura sedans (makes sense since the new ones don't sell in significant volume).
You're the one who's completely whack into thinking that Acuras are commonplace in the garage and driveways of uber-wealthy enclaves like Woodside, Hillsborough, Atherton, etc., simply based on a few tech titans having driven around in an old Acura (and not just Acuras, but VWs and Priuses), while totally ignoring that they usually have a garage full of supercars.
Even Honda/Acura execs have long stated that Acura is an intercept brand and not to the level of Mercedes or BMW, much less Lexus.
Aside from the MDX and RDX, mostly see older Acura sedans (makes sense since the new ones don't sell in significant volume).
You're the one who's completely whack into thinking that Acuras are commonplace in the garage and driveways of uber-wealthy enclaves like Woodside, Hillsborough, Atherton, etc., simply based on a few tech titans having driven around in an old Acura (and not just Acuras, but VWs and Priuses), while totally ignoring that they usually have a garage full of supercars.
Even Honda/Acura execs have long stated that Acura is an intercept brand and not to the level of Mercedes or BMW, much less Lexus.
Last edited by YEH; 11-16-2020 at 02:34 PM.
11-16-2020, 05:02 PM
#5180
how long you will embarass yourself by keep sticking to marketing nonsense. It does not matter what happens to rest of America.
It is the Billionaires and millionairs of Silicon valley that is driving demand of Honda/Acura. thats why the largest number of dealerships/Service centers on 101 corridor.is Honda/Acura.
Ii wont discuss for privacy reason it goes all the way to founders and venture capitalist backing biggest firms.
when people afford 10 to 15 vehicles in household on avg they buy several Acura/Honda and there Honda/Acura are the keepers. Honda/Acura does not need to specifically create expensive and unique vehicles for them. that is the job other brands.
Cars are always washed even in dusty California. have you looked at water bills of large homes?
It is the Billionaires and millionairs of Silicon valley that is driving demand of Honda/Acura. thats why the largest number of dealerships/Service centers on 101 corridor.is Honda/Acura.
Ii wont discuss for privacy reason it goes all the way to founders and venture capitalist backing biggest firms.
when people afford 10 to 15 vehicles in household on avg they buy several Acura/Honda and there Honda/Acura are the keepers. Honda/Acura does not need to specifically create expensive and unique vehicles for them. that is the job other brands.
Cars are always washed even in dusty California. have you looked at water bills of large homes?
11-17-2020, 03:04 PM
#5181
^ LMAO!
Sure it's the billionaires, much less millionaires that are the main buyers for Acura - the brand that has trouble selling vehicles in the $50k+ price-range.
Acura is still the brand for buyers looking for see something nicer than an Accord, but not as boring to drive as the Lexus ES (basically, the upper-middle class).
Do I have to refresh your memory again?
https://www.autonews.com/article/201...-bargain-birth
Yeah, for the upper-middle class (but Lexus taking a considerably larger slice of that market).
This is directly from the mouths of Honda/Acura execs who know a heck more about their demographics than you do.
Buyers who have the means to afford pretty much anything, if they are getting a Benz or BMW, often opt for the priciest and most extreme (performance) variants - AMG and M.
The examples you gave of Bezos and Zuckerberg are an anomaly, and besides, they're driving old/beater Acuras (among others) for specific reasons, just as they drive their supercars when they want to have some fun.
Driving around in an old/beater Acura does nothing for Acura sales today.
Where is their new TLX, RDX, MDX or heck, even RLX (which one can get an amazing deal on)?
The only person who repeatedly embarrasses himself on AZ is YOU.
Not surprisingly, you aren't aware of it since you live in a deluded world like the Orange Clown who's about to be evicted from the WH.
Pretty much everyone on AZ mocks your loopy posts, but you have zero self-awareness.
Sure it's the billionaires, much less millionaires that are the main buyers for Acura - the brand that has trouble selling vehicles in the $50k+ price-range.
Acura is still the brand for buyers looking for see something nicer than an Accord, but not as boring to drive as the Lexus ES (basically, the upper-middle class).
Do I have to refresh your memory again?
"It was designed to be an intercept brand, to capture owners of Japanese products before they moved up to BMW and Mercedes," Elliott said.
Acura never reached the prestige or sales levels achieved by Lexus, Mercedes-Benz and BMW, which have battled for luxury-brand leadership in recent years. Acura peaked at 209,610 units in 2005, but then went into a four-year slide before rebounding 26 percent last year to 133,606.
Acura never reached the prestige or sales levels achieved by Lexus, Mercedes-Benz and BMW, which have battled for luxury-brand leadership in recent years. Acura peaked at 209,610 units in 2005, but then went into a four-year slide before rebounding 26 percent last year to 133,606.
The 1986 Legend started at $19,543, including shipping, but that was with a manual transmission and cloth seats. That was more than twice the price of Honda's Accord. Still, from the opening weekend, Acura showrooms were crowded.
"People were ready for it," Wright said. "They wanted to move up a little bit, but didn't want the pricing jump of the Germans, Cadillac and Lincoln." At the time, BMW's 5-series offerings were straddling $30,000, depending on the model, and Mercedes' mid-range E-class models were pushing $40,000.
"People were ready for it," Wright said. "They wanted to move up a little bit, but didn't want the pricing jump of the Germans, Cadillac and Lincoln." At the time, BMW's 5-series offerings were straddling $30,000, depending on the model, and Mercedes' mid-range E-class models were pushing $40,000.
As luxury brands moved further upward, Acura eventually decided to emulate its competitors by developing a V-8 engine and rear-wheel-drive platform. But on the eve of project sign-off in 2008, the Lehman Brothers collapse trigged the implosion of the global financial markets. Ito, the Honda president, killed the programs, as well as a rebirth of his own NSX.
In a new era of luxury thinking, and with a premium on fuel efficiency, Acura may be well placed with its "smart luxury" positioning, smaller engines and front-wheel drive.
"The world changed a few years ago," Conrad said. "Are we remorseful we don't have something else, something more? No. We're producing for what the customer wants today."
In a new era of luxury thinking, and with a premium on fuel efficiency, Acura may be well placed with its "smart luxury" positioning, smaller engines and front-wheel drive.
"The world changed a few years ago," Conrad said. "Are we remorseful we don't have something else, something more? No. We're producing for what the customer wants today."
Yeah, for the upper-middle class (but Lexus taking a considerably larger slice of that market).
This is directly from the mouths of Honda/Acura execs who know a heck more about their demographics than you do.
Buyers who have the means to afford pretty much anything, if they are getting a Benz or BMW, often opt for the priciest and most extreme (performance) variants - AMG and M.
The examples you gave of Bezos and Zuckerberg are an anomaly, and besides, they're driving old/beater Acuras (among others) for specific reasons, just as they drive their supercars when they want to have some fun.
Driving around in an old/beater Acura does nothing for Acura sales today.
Where is their new TLX, RDX, MDX or heck, even RLX (which one can get an amazing deal on)?
The only person who repeatedly embarrasses himself on AZ is YOU.
Not surprisingly, you aren't aware of it since you live in a deluded world like the Orange Clown who's about to be evicted from the WH.
Pretty much everyone on AZ mocks your loopy posts, but you have zero self-awareness.
Last edited by YEH; 11-17-2020 at 03:16 PM.
11-17-2020, 03:40 PM
#5182
Executives tell there real strategy in press releases to rest of the world? Are you that stupid.
Do you know Japanese were telling one thing to Trump and but doing exactly opposite regarding China. thats why Japanese Auto brand sells sky rocket in China. and Japan is now part of China led Free trade zone. and Chinese built Japanese vehicles will be exported all along BRI infrastructure.
This reality that Hyundai dealers dont want to invest in Genesis dealerships.
Honda/Acura has not problem in it. Acura of Oakland just opened new large dealership.
Come back when Genesis has real dealerships at Prime Locations and has sells atleast twice Acura as Genesis has that free maintaince and more customization.
you have no idea about Upper class not just in US but in Europe. some time i post links to European prices as i have much much more vehicles there.
Do you know Japanese were telling one thing to Trump and but doing exactly opposite regarding China. thats why Japanese Auto brand sells sky rocket in China. and Japan is now part of China led Free trade zone. and Chinese built Japanese vehicles will be exported all along BRI infrastructure.
https://asia.nikkei.com/Business/Chi...ds-favor-China
TOKYO -- Yukio Sakamoto, a 73-year-old Japanese chipmaking business veteran, last fall took a senior vice president position at Tsinghua Unigroup, a leading Chinese high-tech conglomerate affiliated with the renowned Tsinghua University. His role is to oversee the launching of a DRAM memory-chip manufacturing business.
TOKYO -- Yukio Sakamoto, a 73-year-old Japanese chipmaking business veteran, last fall took a senior vice president position at Tsinghua Unigroup, a leading Chinese high-tech conglomerate affiliated with the renowned Tsinghua University. His role is to oversee the launching of a DRAM memory-chip manufacturing business.
This reality that Hyundai dealers dont want to invest in Genesis dealerships.
Honda/Acura has not problem in it. Acura of Oakland just opened new large dealership.
Come back when Genesis has real dealerships at Prime Locations and has sells atleast twice Acura as Genesis has that free maintaince and more customization.
you have no idea about Upper class not just in US but in Europe. some time i post links to European prices as i have much much more vehicles there.
11-17-2020, 03:57 PM
#5183
^ As per usual, you change the topic when things don't go your way.
What does the Genesis dealership situation have anything to do with whether Acura is a big seller in the uber-wealthy enclaves?
Not that this would shut you up, but TheStreet analyzed the most popular vehicles in the wealthiest zip codes.
4. Atherton, Calif., 94027
Average income: $768,000
Top car: Mercedes-Benz E-Class
MSRP: $51,365
Can you buy a car for less than $50,000 in Atherton? Yes, but if it's not the No. 2 Toyota Prius, your fellow residents may ask you to pick up the dry cleaning while you're out getting their groceries. There's a lot of Silicon Valley money in this heavily wooded town, and the top-ranked E-Class is a steal compared with the third-most-popular Porsche Panamera ($76,175), the Mercedes GL-Class ($63,445) and the Mercedes S-Class ($95,375).
Funny, no Acura model, and aside from the Prius, significantly more than Acura's ATP (the prices listed are just the base prices and not what buyers in Atherton actually get; also note how the most popular are higher end models and not something like the C Class, much less the CLA, GLA, etc.).
The Prius at #2 makes sense since many want the HOV sticker with the Prius Prime.
In an EverQuote analysis, the only luxury branded vehicles to make the top 30 best sellers in California are the C Class (18), 3 Series (19) and the RX (28l.
https://www.everquote.com/california/buying-selling-autos/most-popular-cars/
Again, no Acura listed (despite its lower pricepoint).
As for Genesis, there are # of dealerships taking steps to build out new facilities; a couple have already moved into new digs vacated by another lux brand.
What does the Genesis dealership situation have anything to do with whether Acura is a big seller in the uber-wealthy enclaves?
Not that this would shut you up, but TheStreet analyzed the most popular vehicles in the wealthiest zip codes.
4. Atherton, Calif., 94027
Average income: $768,000
Top car: Mercedes-Benz E-Class
MSRP: $51,365
Can you buy a car for less than $50,000 in Atherton? Yes, but if it's not the No. 2 Toyota Prius, your fellow residents may ask you to pick up the dry cleaning while you're out getting their groceries. There's a lot of Silicon Valley money in this heavily wooded town, and the top-ranked E-Class is a steal compared with the third-most-popular Porsche Panamera ($76,175), the Mercedes GL-Class ($63,445) and the Mercedes S-Class ($95,375).
Funny, no Acura model, and aside from the Prius, significantly more than Acura's ATP (the prices listed are just the base prices and not what buyers in Atherton actually get; also note how the most popular are higher end models and not something like the C Class, much less the CLA, GLA, etc.).
The Prius at #2 makes sense since many want the HOV sticker with the Prius Prime.
In an EverQuote analysis, the only luxury branded vehicles to make the top 30 best sellers in California are the C Class (18), 3 Series (19) and the RX (28l.
https://www.everquote.com/california/buying-selling-autos/most-popular-cars/
Again, no Acura listed (despite its lower pricepoint).
As for Genesis, there are # of dealerships taking steps to build out new facilities; a couple have already moved into new digs vacated by another lux brand.
Last edited by YEH; 11-17-2020 at 04:09 PM.
11-17-2020, 04:11 PM
#5184
^ As per usual, you change the topic when things don't go your way.
What does the Genesis dealership situation have anything to do with whether Acura is a big seller in the uber-wealthy enclaves?
Not that this would shut you up, but TheStreet analyzed the most popular vehicles in the wealthiest zip codes.
4. Atherton, Calif., 94027
Average income: $768,000
Top car: Mercedes-Benz E-Class
MSRP: $51,365
Can you buy a car for less than $50,000 in Atherton? Yes, but if it's not the No. 2 Toyota Prius, your fellow residents may ask you to pick up the dry cleaning while you're out getting their groceries. There's a lot of Silicon Valley money in this heavily wooded town, and the top-ranked E-Class is a steal compared with the third-most-popular Porsche Panamera ($76,175), the Mercedes GL-Class ($63,445) and the Mercedes S-Class ($95,375).
Funny, no Acura model, and aside from the Prius, significantly more than Acura's ATP (the prices listed are just the base prices and not what buyers in Atherton actually get; also note how the most popular are higher end models an not something like the C Class, much less the CLA, GLA, etc.).
The Prius at #2 makes sense since many want the HOV sticker with the Prius Prime.
In an EverQuote analysis, the only luxury branded vehicles to make the top 30 best sellers in California are the C Class (18), 3 Series (19) and the RX (28l.
https://www.everquote.com/california...-popular-cars/
Again, no Acura listed (despite its lower pricepoint).
What does the Genesis dealership situation have anything to do with whether Acura is a big seller in the uber-wealthy enclaves?
Not that this would shut you up, but TheStreet analyzed the most popular vehicles in the wealthiest zip codes.
4. Atherton, Calif., 94027
Average income: $768,000
Top car: Mercedes-Benz E-Class
MSRP: $51,365
Can you buy a car for less than $50,000 in Atherton? Yes, but if it's not the No. 2 Toyota Prius, your fellow residents may ask you to pick up the dry cleaning while you're out getting their groceries. There's a lot of Silicon Valley money in this heavily wooded town, and the top-ranked E-Class is a steal compared with the third-most-popular Porsche Panamera ($76,175), the Mercedes GL-Class ($63,445) and the Mercedes S-Class ($95,375).
Funny, no Acura model, and aside from the Prius, significantly more than Acura's ATP (the prices listed are just the base prices and not what buyers in Atherton actually get; also note how the most popular are higher end models an not something like the C Class, much less the CLA, GLA, etc.).
The Prius at #2 makes sense since many want the HOV sticker with the Prius Prime.
In an EverQuote analysis, the only luxury branded vehicles to make the top 30 best sellers in California are the C Class (18), 3 Series (19) and the RX (28l.
https://www.everquote.com/california...-popular-cars/
Again, no Acura listed (despite its lower pricepoint).
this is worthless data. as cars are not even registered on owners name. as i said you dont live here. you have no idea what is happening.
some time better look at very late night when people drive back from private jets. than you find Acura/Honda as it is more reliable for night drives.
Last edited by SSFTSX; 11-17-2020 at 04:14 PM.
11-17-2020, 04:16 PM
#5185
Team Owner
some time better look at very late night when people drive back from private jets. than you find Acura/Honda as it is more reliable for night drives.
I really wanna use this as my signature...
11-17-2020, 06:24 PM
#5186
Whats up with RDX owners?
iTrader: (9)
11-18-2020, 05:13 PM
#5187
. no stupid drive Prius as it is too slow. They get Tesla for Stickers. Most people have empty homes here like vacation homes. There Tax residence may all the way in Switzerland..
this is worthless data. as cars are not even registered on owners name. as i said you dont live here. you have no idea what is happening.
some time better look at very late night when people drive back from private jets. than you find Acura/Honda as it is more reliable for night drives.
this is worthless data. as cars are not even registered on owners name. as i said you dont live here. you have no idea what is happening.
some time better look at very late night when people drive back from private jets. than you find Acura/Honda as it is more reliable for night drives.
Not everyone wants a straight electric, much less a Tesla (build quality, etc.), and the Taycan is in short supply.
Doesn't matter if the Prius Prime is slow; with the sticker, you'll still be going faster than all those stuck in rush hour traffic in the other lanes; and I'm sure they all have another (or a few) fun vehicles at their disposal.
The fact that the Panamera, GLS and S Class are 3rd, 4th and 5th says everything about what people in those zip codes purchase.
Acura has nothing that evenly remotely competes against them, aside from the extremely low volume NSX.
And sorry to burst your deluded bubble, but not only do I have data backing me up (how did I know you would try to dismiss it? Lol), but I know a heck of a lot more of what people in those kind of zips drive).
If something is going to be registered as a company car, it's going to be so something like the S Class and not some lowly Acura.
Last edited by YEH; 11-18-2020 at 05:24 PM.
11-18-2020, 09:05 PM
#5188
Doesn't matter if the Prius Prime is slow; with the sticker, you'll still be going faster than all those stuck in rush hour traffic in the other lanes; and I'm sure they all have another (or a few) fun vehicles at their disposal.
The fact that the Panamera, GLS and S Class are 3rd, 4th and 5th says everything about what people in those zip codes purchase.
Acura has nothing that evenly remotely competes against them, aside from the extremely low volume NSX.
And sorry to burst your deluded bubble, but not only do I have data backing me up (how did I know you would try to dismiss it? Lol), but I know a heck of a lot more of what people in those kind of zips drive).
If something is going to be registered as a company car, it's going to be so something like the S Class and not some lowly Acura.
If something is going to be registered as a company car, it's going to be so something like the S Class and not some lowly Acura.
You are assuming that people who buy Porsche Panamera has only Porsche at home?. I am referring to people who own dozens of vehicles.
S class/Escalade you will see TCP (Transportation charter permit signs on them) but you wont find TCP sign on LandCuriser/MDX
it is not about similar price but what people have confidence to drive it alone.
You are too stupid to realize that Honda/Acura has the biggest and most expensive dealerships in SF Bayarea. and those owners by themselves extremely rich. If Genesis such good business to them they will be replacing or adding new dealerships. They are not just wealthy due running dealerships but connection to those who deployed capital. they are the first to make alot.
They afford new building due to selling NSX. this level of logic you can understand.
https://www.oaklandacura.com/dealership/about.htm
Oakland Acura is the only Brand New, state-of-the-art Acura facility in the San Francisco Bay area
Our knowledgable staff and exceptional customer service is why we won the title of World's Number One Acura NSX dealer for the year 2019! (Source: AHM Sales Reports)
Oakland Acura is the only Brand New, state-of-the-art Acura facility in the San Francisco Bay area
Our knowledgable staff and exceptional customer service is why we won the title of World's Number One Acura NSX dealer for the year 2019! (Source: AHM Sales Reports)
you can see this Audi S5 registered to Corporate. 54k miles driven in two years.
https://www.carfax.com/VehicleHistor...IAqPUZU2SfTRk0
11-19-2020, 04:41 PM
#5189
^ You're a complete moron if you think Acura dealerships sell a lot to places like Woodside, Hillsborough, Atherton, Menlo Park, etc.
They sell mostly to the upper-middle class communities of San Mateo, Redwood City, Milbrae, Foster City, etc.
And even in those areas, more likely to see a Toyota or Honda.
Know heck of a lot more of what people in Woodside, Hillsborough, etc. drive than you do.
They sell mostly to the upper-middle class communities of San Mateo, Redwood City, Milbrae, Foster City, etc.
And even in those areas, more likely to see a Toyota or Honda.
Know heck of a lot more of what people in Woodside, Hillsborough, etc. drive than you do.
11-19-2020, 09:05 PM
#5190
Ok you know SF Bay area.
how you define upper middle class in SF bayarea? As West Side San Mateo has homes that sold over $5M . and they can afford even $20 to $50m homes.
some homes have Melaross tax thats they are more expensive to maintain than homes in Hillsborough and Atherton.
remember the water bills. several MBs can be leased for water bill price.
how you define upper middle class in SF bayarea? As West Side San Mateo has homes that sold over $5M . and they can afford even $20 to $50m homes.
some homes have Melaross tax thats they are more expensive to maintain than homes in Hillsborough and Atherton.
remember the water bills. several MBs can be leased for water bill price.
11-27-2020, 07:38 PM
#5191
^ Very few west side San Mateo homes are worth $4-5 million, and any that are - are right on the border of Hillsborough.
And one is likely not going to see an Acura parked in those driveways.
The Volvo XC90 isn't exactly a huge seller (sells in the low-end 30k range/yr), but you'll see more of them in the wealthy enclaves than the Acura brand as a whole.
According to a 2016 Haig Partners study, the typical Acura franchise earned a profit of $1.2 million - which is the same for the typical Subie dealership.
That's dwarfed by:
JLR - $3.3 million
BMW - $3.2 million
And even by Honda - $2.1 million
According to the report, JLR franchisees have such a high profitability due to the higher margins (primarily on Range Rovers) and lower cost structure (smaller dealerships).
According to the latest data, CR is reporting that the MDX has been selling at a $20% discount, the highest percentage discount, just nipping the Camry at 19%.
If Acura was selling so well in wealthy enclaves, the dealer profitability would be much higher, and they wouldn't have 3 models in the top 10 for the biggest discounts.
And one is likely not going to see an Acura parked in those driveways.
The Volvo XC90 isn't exactly a huge seller (sells in the low-end 30k range/yr), but you'll see more of them in the wealthy enclaves than the Acura brand as a whole.
According to a 2016 Haig Partners study, the typical Acura franchise earned a profit of $1.2 million - which is the same for the typical Subie dealership.
That's dwarfed by:
JLR - $3.3 million
BMW - $3.2 million
And even by Honda - $2.1 million
According to the report, JLR franchisees have such a high profitability due to the higher margins (primarily on Range Rovers) and lower cost structure (smaller dealerships).
According to the latest data, CR is reporting that the MDX has been selling at a $20% discount, the highest percentage discount, just nipping the Camry at 19%.
If Acura was selling so well in wealthy enclaves, the dealer profitability would be much higher, and they wouldn't have 3 models in the top 10 for the biggest discounts.
Last edited by YEH; 11-27-2020 at 07:42 PM.
11-28-2020, 03:25 AM
#5192
if your 2016 study is right. Most of Acura and Honda dealerships will be closed by now. Thats why dont bring your stupid marketing studies.
you have no idea why those dealers are still there.
Do you know San Mateo has BayMeadows that has Melroos fees. so cost of ownership is same as Burlingame and Hillsborough.
Hillsborough has total population of 11,000. that is not much more than West San mateo. per sq foot West San Mateo much more expensive.
there are tons of used Genesis at 30% discount. i wonder they are dumping prior loaners that faked the sales like previous BMWs.
https://sfbay.craigslist.org/eby/ctd...228558721.html
https://sfbay.craigslist.org/sby/ctd...229683462.html
https://sfbay.craigslist.org/sby/ctd...232526064.html
https://sfbay.craigslist.org/eby/ctd...231394721.html
This thing is gong to become diesel gate of Korea.
https://www.caranddriver.com/news/a3...ngine-recalls/
All brands are suffering from low quality LG Chem and Samsung SDI batteries.
https://www.deccanherald.com/busines...es-916977.html
Battery fires put automakers in hot seat over electric vehicles
BMW In the United States, Bayerische Motoren Werke AG (BMW) said it will recall 4,509 plug-in hybrid EVs, saying debris may have been able to enter battery cells during production at supplier Samsung SDI.
Read more at: https://www.deccanherald.com/busines...es-916977.html
you have no idea why those dealers are still there.
Do you know San Mateo has BayMeadows that has Melroos fees. so cost of ownership is same as Burlingame and Hillsborough.
Hillsborough has total population of 11,000. that is not much more than West San mateo. per sq foot West San Mateo much more expensive.
there are tons of used Genesis at 30% discount. i wonder they are dumping prior loaners that faked the sales like previous BMWs.
https://sfbay.craigslist.org/eby/ctd...228558721.html
2019 Genesis G80 3.8 Sedan 4D sedan Silver - FINANCE ONLINE - $33,990
https://sfbay.craigslist.org/sby/ctd...229683462.html
2020 Genesis G70 2.0T Sedan 4D sedan Black - FINANCE ONLINE - $35,990
https://sfbay.craigslist.org/sby/ctd...232526064.html
2019 Genesis G70 2.0T Advanced sedan Casablanca White - $31,700
https://sfbay.craigslist.org/eby/ctd...231394721.html
2019 Genesis G70 2.0T Advanced sedan Havana Red - $34,984
This thing is gong to become diesel gate of Korea.
https://www.caranddriver.com/news/a3...ngine-recalls/
Hyundai, Kia Fined up to $210 Million over Handling of Engine Recalls
All brands are suffering from low quality LG Chem and Samsung SDI batteries.
https://www.deccanherald.com/busines...es-916977.html
Battery fires put automakers in hot seat over electric vehicles
BMW In the United States, Bayerische Motoren Werke AG (BMW) said it will recall 4,509 plug-in hybrid EVs, saying debris may have been able to enter battery cells during production at supplier Samsung SDI.
Read more at: https://www.deccanherald.com/busines...es-916977.html
12-01-2020, 01:30 AM
#5193
^LMAO!
So Honda wasn't fined millions for being slow to report the deaths and injuries from exploding airbags?
Gee, must be news to you that automakers tend to be slow when it comes to addressing things that will cost them $$.
Getting back on topic...
As this reviewer succinct states, Acura is more seen as a premium, rather than a true lux brand (hence, the Honda+ characterization, something that Nissan readily admitted to with regard to Infiniti - referring to it as Nissan+).
The 1st GV80s have hit the lots and they're selling for $5k+ above list.
Doubt that the MDX has sold with such an upcharge, and it won't happen for the new MDX either.
Most of the GV80s in the 1st shipment have the Prestige package, so for the 3.5TT, that means $77k+ with the market adjustment.
Aside from the niche-selling NSX, Acura has nothing that sells at that kind of price-point.
And of course you're too stupid to believe in studies/analysis done by professionals (who are privy to a lot more data), but instead, live in your own deluded world (one that is totally lacking in common sense).
If people living in the uber-wealthy enclaves are the ones buying Acuras, then why doesn't Acura actually manufacture and offer truly luxurious models?
So Honda wasn't fined millions for being slow to report the deaths and injuries from exploding airbags?
Gee, must be news to you that automakers tend to be slow when it comes to addressing things that will cost them $$.
Getting back on topic...
After back-to-back weeks in both the 2021 GV80 SUV and a top 2021 G80 3.5T Prestige sedan, I no longer question where Genesis belongs in the strata of the German luxury brands, let alone premium brands such as Acura and Infiniti.
As this reviewer succinct states, Acura is more seen as a premium, rather than a true lux brand (hence, the Honda+ characterization, something that Nissan readily admitted to with regard to Infiniti - referring to it as Nissan+).
The 1st GV80s have hit the lots and they're selling for $5k+ above list.
Doubt that the MDX has sold with such an upcharge, and it won't happen for the new MDX either.
Most of the GV80s in the 1st shipment have the Prestige package, so for the 3.5TT, that means $77k+ with the market adjustment.
Aside from the niche-selling NSX, Acura has nothing that sells at that kind of price-point.
And of course you're too stupid to believe in studies/analysis done by professionals (who are privy to a lot more data), but instead, live in your own deluded world (one that is totally lacking in common sense).
If people living in the uber-wealthy enclaves are the ones buying Acuras, then why doesn't Acura actually manufacture and offer truly luxurious models?
Last edited by YEH; 12-01-2020 at 01:45 AM.
12-01-2020, 01:51 AM
#5194
But Acura barely sells anything at the $60k pricepoint, much less higher.
The RLX was a complete flop, but Mercedes has little trouble selling the much more expensive S Class.
And if the uber-wealthy were buying Acuras, they most certainly aren't buying something the size of the TLX or RDX (much less the ILX), so that leaves the MDX.
But if that were the case, the MDX wouldn't be discounted at a whopping 20% (older model or not).
And being just a premium brand, Acura is pretty much limited to the NA, China (where it's not a big seller) and Kuwait.
It doesn't even exist in its domestic market of Japan.
Meanwhile, Genesis exists in Korea, NA, Australia, NZ, Russia and the Middle East, and will soon launch in Europe and China.
The RLX was a complete flop, but Mercedes has little trouble selling the much more expensive S Class.
And if the uber-wealthy were buying Acuras, they most certainly aren't buying something the size of the TLX or RDX (much less the ILX), so that leaves the MDX.
But if that were the case, the MDX wouldn't be discounted at a whopping 20% (older model or not).
And being just a premium brand, Acura is pretty much limited to the NA, China (where it's not a big seller) and Kuwait.
It doesn't even exist in its domestic market of Japan.
Meanwhile, Genesis exists in Korea, NA, Australia, NZ, Russia and the Middle East, and will soon launch in Europe and China.
Last edited by YEH; 12-01-2020 at 01:57 AM.
12-01-2020, 05:47 PM
#5195
Safety Car
Nov 20
https://acuranews.com/en-US/releases...-sales-results
American Honda Reports November Sales Results
December 1, 2020 American Honda
Total102,614
-23.4%
Cars
39,830
-26.9%
Trucks
62,784
-21%
Total
11,891
-17.9%
Cars
3,245
-17.5%
Trucks
8,646
-18.1%
Total
90,723
-24.1%
Cars
36,585
-27.7%
Trucks
54,138
-21.4%
See accompanying spreadsheet for complete results.
12-03-2020, 01:18 AM
#5196
But Acura barely sells anything at the $60k pricepoint, much less higher.
The RLX was a complete flop, but Mercedes has little trouble selling the much more expensive S Class.
And if the uber-wealthy were buying Acuras, they most certainly aren't buying something the size of the TLX or RDX (much less the ILX), so that leaves the MDX.
But if that were the case, the MDX wouldn't be discounted at a whopping 20% (older model or not).
And being just a premium brand, Acura is pretty much limited to the NA, China (where it's not a big seller) and Kuwait.
It doesn't even exist in its domestic market of Japan.
Meanwhile, Genesis exists in Korea, NA, Australia, NZ, Russia and the Middle East, and will soon launch in Europe and China.
The RLX was a complete flop, but Mercedes has little trouble selling the much more expensive S Class.
And if the uber-wealthy were buying Acuras, they most certainly aren't buying something the size of the TLX or RDX (much less the ILX), so that leaves the MDX.
But if that were the case, the MDX wouldn't be discounted at a whopping 20% (older model or not).
And being just a premium brand, Acura is pretty much limited to the NA, China (where it's not a big seller) and Kuwait.
It doesn't even exist in its domestic market of Japan.
Meanwhile, Genesis exists in Korea, NA, Australia, NZ, Russia and the Middle East, and will soon launch in Europe and China.
Try find 2 year old MDX Advance or Aspec model for 30% lower than MSRP?. let see how many you can find.
this is your Genesis discounts even with extra warranty. look at Mileage. It is more Civic Si pricing.
2019 Genesis G70 2.0T Advanced sedan Havana Red - cars & trucks - by... (craigslist.org)
We have 3 Genesis G70 in stock starting at $31490 as of 12/01!
2019 Genesis G70 2.0T Advanced sedan Havana Red - $31,490
2019 Genesis G90 5.0 Ultimate sedan Casablanca White - cars & trucks... (craigslist.org)
2019 Genesis G90 5.0 Ultimate sedan Casablanca White - $47,774
12-03-2020, 08:11 PM
#5197
Honda?s China year-to-date deliveries edge up 0.5% as of Nov.
Shanghai (Gasgoo)- With 171,308 new vehicles delivered, Honda scored an impressive growth of 22.1% last month for its China business. As of Nov., the Japanese automaker had achieved year-on-year growth in China deliveries for five consecutive months.
Shanghai (Gasgoo)- With 171,308 new vehicles delivered, Honda scored an impressive growth of 22.1% last month for its China business. As of Nov., the Japanese automaker had achieved year-on-year growth in China deliveries for five consecutive months.
12-04-2020, 02:36 PM
#5198
^ That's nice for Honda in China (and for its JV partner which splits the profits).
Meanwhile sales in Europe, Australia and other markets are slipping further from what was already a small base.
And here, last month, HMG outsold Honda; once US production of the Tucson starts (along with the Santa Cruz) and Genesis gets its base lineup fleshed out, should start to see that on a more regular basis.
And like have stated before, being so reliant on the China market has its risks.
Another blowup over the disputed island and a Beijing-led boycott will see Honda and the other Japanese brands with all these vehicles piling up.
Also, with the high cost of electrification, luxury vehicle sales will be even more important when it comes to profitability.
Acura is pretty much just an American/Canadian brand, and even then, doesn't sell anything in volume at the higher end of the market.
So Honda is very much locked in when it comes to growth for its premium brand.
Meanwhile, Genesis will soon be available in every major lux market aside from Japan (but Korea is the bigger market for higher end luxury vehicles).
Meanwhile sales in Europe, Australia and other markets are slipping further from what was already a small base.
And here, last month, HMG outsold Honda; once US production of the Tucson starts (along with the Santa Cruz) and Genesis gets its base lineup fleshed out, should start to see that on a more regular basis.
And like have stated before, being so reliant on the China market has its risks.
Another blowup over the disputed island and a Beijing-led boycott will see Honda and the other Japanese brands with all these vehicles piling up.
Also, with the high cost of electrification, luxury vehicle sales will be even more important when it comes to profitability.
Acura is pretty much just an American/Canadian brand, and even then, doesn't sell anything in volume at the higher end of the market.
So Honda is very much locked in when it comes to growth for its premium brand.
Meanwhile, Genesis will soon be available in every major lux market aside from Japan (but Korea is the bigger market for higher end luxury vehicles).
Last edited by YEH; 12-04-2020 at 02:38 PM.
12-04-2020, 02:53 PM
#5199
No One sells anything at $60K. Most of Germans are subsidized leases. so that no one pay $60K.
Try find 2 year old MDX Advance or Aspec model for 30% lower than MSRP?. let see how many you can find.
this is your Genesis discounts even with extra warranty. look at Mileage. It is more Civic Si pricing.
Try find 2 year old MDX Advance or Aspec model for 30% lower than MSRP?. let see how many you can find.
this is your Genesis discounts even with extra warranty. look at Mileage. It is more Civic Si pricing.
Way to pick out the exception.
Doesn't change the fact that right now, among luxury vehicles, the MDX is being sold with the greatest discount, and unlike for the Genesis examples you gave, it's an (in-demand) CUV, and not a sedan.
BMW and Mercedes sell plenty of vehicles over the $60k mark as their ATP is exactly that, and $20k higher than for Acura.
But then again, the Telluride has a higher ATP than Acura.
BMW and Mercedes can be aggressive on their leases because they can turn around and lease/sell them profitably under their respective CPO programs.
One person got tired of waiting for the GV80, so opted to go for a fully loaded BMW X5 xDrive40i M Sport.
Bonus was that the lease deal was better than on the 3.5TT Prestige GV80 (and that's even before the mark-up).
Regardless, these 2 CUVs have significantly higher lease rates and MSRPs than the MDX.
Last edited by YEH; 12-04-2020 at 02:58 PM.
12-04-2020, 05:10 PM
#5200
^ That's nice for Honda in China (and for its JV partner which splits the profits).
Meanwhile sales in Europe, Australia and other markets are slipping further from what was already a small base.
And here, last month, HMG outsold Honda; once US production of the Tucson starts (along with the Santa Cruz) and Genesis gets its base lineup fleshed out, should start to see that on a more regular basis.
And like have stated before, being so reliant on the China market has its risks.
Another blowup over the disputed island and a Beijing-led boycott will see Honda and the other Japanese brands with all these vehicles piling up.
Also, with the high cost of electrification, luxury vehicle sales will be even more important when it comes to profitability.
Acura is pretty much just an American/Canadian brand, and even then, doesn't sell anything in volume at the higher end of the market.
So Honda is very much locked in when it comes to growth for its premium brand.
Meanwhile, Genesis will soon be available in every major lux market aside from Japan (but Korea is the bigger market for higher end luxury vehicles).
Meanwhile sales in Europe, Australia and other markets are slipping further from what was already a small base.
And here, last month, HMG outsold Honda; once US production of the Tucson starts (along with the Santa Cruz) and Genesis gets its base lineup fleshed out, should start to see that on a more regular basis.
And like have stated before, being so reliant on the China market has its risks.
Another blowup over the disputed island and a Beijing-led boycott will see Honda and the other Japanese brands with all these vehicles piling up.
Also, with the high cost of electrification, luxury vehicle sales will be even more important when it comes to profitability.
Acura is pretty much just an American/Canadian brand, and even then, doesn't sell anything in volume at the higher end of the market.
So Honda is very much locked in when it comes to growth for its premium brand.
Meanwhile, Genesis will soon be available in every major lux market aside from Japan (but Korea is the bigger market for higher end luxury vehicles).
Both Japan and Korea has signed for China led free trade area.
It is beyond point of discussion how EU will react to any country or firm that is part of that zone.
These are engines not some cheap airbags or brakes. Wait at some point when EU turn screws on Koreans firms.
https://www.caranddriver.com/news/a3...arings-recall/