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Yeah, who's going to pay a market adjustment? Ugh.
Certainly not for people like us. (there's 1 AZiner who claims to be able to afford the new NSX but other than we're pretty much way outside of the financial demographic for this car....)
One of the training materials for NSX sales from Honda included some internal data on prospective buyer demographic....household income was at least 400k. Likely much higher financial ability than just a 400k annual income. To the hundreds of people who are wanting this car...200k or 250k is probably not a HUGE difference if they really want it.
But they have enough demand to basically have sold out of 2 years production IIRC from reading NSXPrime threads...
Certainly not for people like us. (there's 1 AZiner who claims to be able to afford the new NSX but other than we're pretty much way outside of the financial demographic for this car....)
One of the training materials for NSX sales from Honda included some internal data on prospective buyer demographic....household income was at least 400k. Likely much higher financial ability than just a 400k annual income. To the hundreds of people who are wanting this car...200k or 250k is probably not a HUGE difference if they really want it.
But they have enough demand to basically have sold out of 2 years production IIRC from reading NSXPrime threads...
I can afford the payment on it and I don't make even remotely close to $400k a year. It's just that saving for retirement and son's college fund, paying for my son's school, having a home, and not getting a divorce in the process are much more important to me.
If Rick Hendrick has #001 & #002 and Jay Leno has #003.... then I wonder if Jerry Seinfeld ever got one? His was in those Acura NSX commercials and his show is sponsored by Acura. Lol
I can afford the payment on it and I don't make even remotely close to $400k a year. It's just that saving for retirement and son's college fund, paying for my son's school, having a home, and not getting a divorce in the process are much more important to me.
Haha, very true!
Too many people don't really know what "affordable" means. On reddit there are 20 year olds buying almost-new GT-Rs and claim it's "affordable." ...yeah when they get insane rates on 7+ years of financing and have to live with wealthy parents to help out....or single dudes who spend >50% of their monthly check on a car payment and have barely enough to cover everything and say its affordable.
I can understand passion for cars but sometimes it's just not smart to live so financially dangerous.
Here's a good comment I received on a reddit thread discussing what kind of income is appropriate to buy some of the more higher end cars:
I think that a high-end luxury car is so highly discretionary (i.e. unnecessary) that it should not just be affordable, buteasily affordable. In my mind a $100,000+ car becomes a reasonable purchase if there is virtually no opportunity cost in buying it. If the difference in paying for a Camry XLE and an S550 has absolutely no effect on your other expenditures, then it's a reasonable purchase.
Like with other luxury goods, I think far too many people look at their budget and think "I can pay for this and still have money left over, therefore I can afford it."
Paying for things and affording things are very different in my opinion!
And another comment on what income should be reasonable in supporting 100k+ cars...
If you are talking about new cars, your total obligation shouldn't be more than about 10% of your net income.
I saw it calculated somewhere that a new $100,000 S550 would cost around $25,000/yr including payments, interest, insurance, gas etc etc. So, for a net income of $250,000 you should be making $400-500k/yr.
If you don't have mortgage payments and are near retirement age and there is less pressure to contribute long term savings, you could probably responsibly cover it with $300k/yr gross.
I love cars, but I stay away from new cars because of depreciation. Some cars have status because they are new and expensive, some have status because they are culturally or artistically significant.
I prefer the latter for a number of reasons, mostly because they tend not to depreciate and they are far more interesting.
I'd rather buy a pre-war car for $150k and spend $10k/yr using it then get a new R8 that will be overshadowed after 5 years.
That's assuming you need to get some value for money. Also, as income increases past $500k/yr there is more flexibility due your presumed access to better credit products and professional guidance, and your fixed costs are a much smaller percentage of what you earn.
Guys buying new Ferrari's and Phantoms on less than $1MM/yr are stretching, IMHO.
My local dealer just got their NSX. It is #00011, a one white with red interior. The appears to have every carbon fiber option Acura offers plus ceramic red brakes, and upgraded stereo, seats and headliner. In addition they want a $10k market adjustment and some dealer installed options [Zurich Shield ? $4,995 and GPS ? $2,995] Total price before tax, license etc.is $216,990. The car is unsold.
Yeah, I was just into Hooman Acura today and saw good ol' #11 in the showroom. My sales guy told me it was a $50K market adjustment until last week when they reduced it. He also said the owner actually plans to keep it as his own car, but he's happy to get some foot traffic in the showroom in the meantime, and if someone ponies up the over-sticker cash, he'll take it.
What's up with all the white NSX's coming off the assembly line so far? I realize color is a very personal preference, but white would be dead last if I rank-ordered the colors I'd want one in.
What's up with all of these unsold units? I thought this was a customer order car only, meaning that the dealer already had to have a signed contract from an end user before they could order the car for their allocation.
Hmm, I assume the dealer itself can be a "customer order" since post mentioned the owner of the dealer keeping it if he cannot sell it at a cost he likes.
So if my dealer has received their "allocation" unit but I don't like it, I have the option of ordering one to my specs? If so, I will still have to put up with whatever the dealer wants to add as a market adjustment in addition to a long wait?
So if my dealer has received their "allocation" unit but I don't like it, I have the option of ordering one to my specs? If so, I will still have to put up with whatever the dealer wants to add as a market adjustment in addition to a long wait?
May be best to call up your dealer (whom could answer that question) or to register and post to NSXPrime. Or maybe even call up Acura and see how their customer service is....
when i went to look at your car for you... i was talking to Reuben and he mentioned that with the supercar registry for the area, they would get 5 allocated to them... he said that the first 3 they get will have a mark-up, with the 4&5th one already sold to interested buyers not willing to pay the markup... we do have a very wealthy town nearby and i think the cars will sell...
the other option is Park Ave Acura further north... they will also get a large allocation due to their distance to Manhattan and Bergen County...
[QUOTE=Malibu Flyer;15810639]My local dealer just got their NSX. It is #00011, a one white with red interior. The appears to have every carbon fiber option Acura offers plus ceramic red brakes, and upgraded stereo, seats and headliner. In addition they want a $10k market adjustment and some dealer installed options [Zurich Shield ? $4,995 and GPS ? $2,995] Total price before tax, license etc.is $216,990. The car is unsold.]
A Zurich Shield is $4,995 transferred into someone's Swiss bank account, shielded from the IRS.
07-10-2016, 10:53 PM
Me, too.
