Introducing the 2024 Acura Integra Type S! On Sale in June

[Bzal1122]

I’m not seeing a 10k drop in one year. What sporty car out there currently has a 10k drop in this current market? And if you think the market will depreciate as the economy starts to tank , I’d say it’s never ever going back. Caymans that were 20k in 2019 are now 30k with more mileage and more years on their frame. Covid was the original reason , but now it’s an excuse for them to produce low volume and make more money. I think I read a report that manufacturers were making more money than they ever have before. They figured out the secret, now the question is will consumers adjust as well and make them rethink the process.

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[Integra23]

I’m not seeing a 10k drop in one year. What sporty car out there currently has a 10k drop in this current market? And if you think the market will depreciate as the economy starts to tank , I’d say it’s never ever going back. Caymans that were 20k in 2019 are now 30k with more mileage and more years on their frame. Covid was the original reason , but now it’s an excuse for them to produce low volume and make more money. I think I read a report that manufacturers were making more money than they ever have before. They figured out the secret, now the question is will consumers adjust as well and make them rethink the process.

But prices have gone up. We are now buying cars at much higher prices so more room to depreciate. I have lost 7 to 8k in value on my Aspec in one year.

 

[Bzal1122]

But prices have gone up. We are now buying cars at much higher prices so more room to depreciate. I have lost 7 to 8k in value on my Aspec in one year.

Aspec manual ? Or CVT? The manual will hold value a bit more because those cars are getting more and more rare. Searching for things like a 911 and Cayman show the manuals are usually more expensive and they are also gone quicker.

 

[lz23]

I’m not seeing a 10k drop in one year. What sporty car out there currently has a 10k drop in this current market? And if you think the market will depreciate as the economy starts to tank , I’d say it’s never ever going back. Caymans that were 20k in 2019 are now 30k with more mileage and more years on their frame. Covid was the original reason , but now it’s an excuse for them to produce low volume and make more money. I think I read a report that manufacturers were making more money than they ever have before. They figured out the secret, now the question is will consumers adjust as well and make them rethink the process.

I don't think the manufacturers are making more money because of low volume but the dealers sure are.Perfect example is the new Z car,I'm sure Nissan would love to be able to ship more ,the dealer cost has not changed but the added ADM is pure profit for the dealer.I've had a deposit on one since Jan. 22 with no sign of it showing up soon.

 

[Integra23]

Aspec manual ? Or CVT? The manual will hold value a bit more because those cars are getting more and more rare. Searching for things like a 911 and Cayman show the manuals are usually more expensive and they are also gone quicker.

Manual and dealer is offering 28-29k trade-in

 

[bpebler]

Someone who was involved in the media week hinted that the ITS will also be limited production & to hop on one if anyone has the chance to. We will see in time.

 

[Integra23]

Someone who was involved in the media week hinted that the ITS will also be limited production & to hop on one if anyone has the chance to. We will see in time.

Maybe but I wouldn't count on it being a collector vehicle. Mine will be a daily driver that I park on the street. Drive and enjoy.

 

[Bzal1122]

Manual and dealer is offering 28-29k trade-in

Gotcha. Didn’t realize it was a trade.

 

[Integra23]

Gotcha. Didn’t realize it was a trade.

Yeah. 1 year of depreciation.

 

[bpebler]

Maybe but I wouldn't count on it being a collector vehicle. Mine will be a daily driver that I park on the street. Drive and enjoy.

Pretty much same here. Outside parking for the most part but can pull it into the shop when needed for weather. But otherwise I'll be driving the hell outta this thing mileage wise.

 

[Bzal1122]

I don't think the manufacturers are making more money because of low volume but the dealers sure are.Perfect example is the new Z car,I'm sure Nissan would love to be able to ship more ,the dealer cost has not changed but the added ADM is pure profit for the dealer.I've had a deposit on one since Jan. 22 with no sign of it showing up soon.

They are making more money. With lower volume more people buy the cars just to keep up w the Jones’. Also since cars aren’t rotting away on the lots incentives are way way way down. Porsche literally just increased their prices by over 5% average because they claim customers will pay it.

https://www.newsweek.com/jd-power-manufacturers-retails-bring-record-profits-car-prices-soar-1719017

 

[Bzal1122]

No matter what these cars end up doing on the used market , I should make myself clear that these cars should just be driven and enjoyed. All cars are depreciating assets and the people paying out the wazoo for for cars just because they are rare should really be left to the millionaires and people who like to collect cars. I for one hate seeing cars sit in a garage. They were made to drive and we should drive them.

 

[TeggyTypeS]

They are making more money. With lower volume more people buy the cars just to keep up w the Jones’. Also since cars aren’t rotting away on the lots incentives are way way way down. Porsche literally just increased their prices by over 5% average because they claim customers will pay it.

https://www.newsweek.com/jd-power-manufacturers-retails-bring-record-profits-car-prices-soar-1719017

Maybe not Porsche and other high end cars but run of the mill cars are starting to sit, especially trucks.

 

[Bzal1122]

Maybe not Porsche and other high end cars but run of the mill cars are starting to sit, especially trucks.

Understood on normal cars and trucks. I’m just speaking about special cars. The special edition trucks go fast still it seems but the average to low spec ones do tend to sit

 

[optronix]

They are making more money. With lower volume more people buy the cars just to keep up w the Jones’. Also since cars aren’t rotting away on the lots incentives are way way way down. Porsche literally just increased their prices by over 5% average because they claim customers will pay it.

https://www.newsweek.com/jd-power-manufacturers-retails-bring-record-profits-car-prices-soar-1719017

This actually just plays into the concept of manufacturers not getting the same type of profits that dealers are getting. Porsche is just not being oblivious to the idiotic ADMs people are paying so they're trying to cut into the dealers' pure profits. With the recent price increase they're just getting closer to the true market value of their cars that people are routinely proving they're willing to pay.

Acura is just following suit with the ITS, knowing that CTRs are easily fetching well over $55k, but some people's minds seem incapable of processing this.

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