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Big Wig
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 OfflineVehicle: '01 S2000 & '05 Titan SE
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Location: Ottawa, On, Canada
Posts: 17629
If you ain't first ... you're last!
 
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« Reply #20 on: April 02, 2006, 09:01:02 pm » |
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It costs more to lease a Fit than an Impreza!
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hondasalesguy
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« Reply #21 on: April 02, 2006, 09:19:44 pm » |
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It costs more to put gas in an Impreza than in a Fit!!!
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wing
Big Wig
Administrator
OfflineVehicle: '01 S2000 & '05 Titan SE
Gender:
Location: Ottawa, On, Canada
Posts: 17629
If you ain't first ... you're last!
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« Reply #22 on: April 02, 2006, 09:22:14 pm » |
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Not $150 a month more, Fit lease rate is 7.95% yikes that is nuts. We know it will change though. |
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a4_tom
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« Reply #23 on: April 02, 2006, 11:10:05 pm » |
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Fit should have higher residual value than Impreza. Last time I looked at LGT, only 30% residual value after 3 years.  |
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hondasalesguy
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« Reply #24 on: April 02, 2006, 11:11:18 pm » |
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I'd like to say rates will drop but the Civic has been on sale for 6 months, it's still at 7.95%, and Honda has also raised the price of a DX-G by $700 since then.
With the Fit being a much lower volume car don't count on Honda having to chop finance or lease rates to sell them. |
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Careener
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« Reply #25 on: April 02, 2006, 11:30:29 pm » |
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Nice review Dorin. The Fit seems to be a pretty competent small car built on an excellent platform.
If you guys want to cry about lease rates, the Mustang is 10%!
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Former Rust Enthusiast
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Winklovic
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« Reply #26 on: April 03, 2006, 12:03:36 am » |
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Just got my new Car and Driver. Lucky you! I probably won't see mine until later this week.  |
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G0dspd
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« Reply #27 on: April 03, 2006, 01:20:46 am » |
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It costs more to lease a Fit than an Impreza!
Hondas are pricy ... they usually have a premium just for being a Honda and their rates are not cheap either. People are willing to pay for the car and the image that comes with it ... they could put a few thousands more on the MRSP and jack up their rates to 8.5% and people would still buy them blindfolded. |
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« Last Edit: April 03, 2006, 05:06:45 am by G0dspd »
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"If you go through the pearly gates backwards in a fireball, that's a cool way to die!"
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avif
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Offline
Posts: 56
member
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« Reply #28 on: April 03, 2006, 01:55:15 am » |
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Hondas are pricy ... they usually have a premium just for being a Honda and their rates are not cheap either. People are willing to pay for the car and the image that comes with it ... they could put a few thousands more on the MRSP and jack up their rates to 8.5% and people would still by them blindfolded.
Maybe Honda usually have good and reliable products? Same for Subaru though.. |
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Panzer
Auto Obsessed
OfflineVehicle: 2005 Impreza RS
Gender:
Location: Ottawa
Posts: 799
member
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« Reply #29 on: April 03, 2006, 08:20:06 am » |
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Tried out a Fit DX with manual tranny last Saturday. If I may add to Dorin's review:
I found the Fit to be a very stable car on the highway. It was raining and windy when I went for a test drive and felt very little crosswinds, considering the car's side 'signature' and 14" wheels.
The tranny felt slick and pleasant to shift but I found the knob a bit on the smallish side. The sport model offers a bigger knob that felt more appropriate in my hand. I didn't get to try out the paddle shifters as the dealer I went to had no such demos.
Ride wasn't what I expected it to be for a small car in this price range. I found the interior noise to be very low and didn't feel the bumps on the road as much as I thought I would. |
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articsteve
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« Reply #30 on: April 03, 2006, 10:11:33 am » |
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Great small cars are nothing new except for the pricing.  I bought a new 1977 VW Rabbit for $4200 tax in and it was great. Of course it had no AC, no nothing; radio optional. |
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“Frankly, we are not going to ever defeat the insurgency,” Billions for jets and pennies for vets; Harponi is MAGNIFICENT.
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fallingeese
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« Reply #31 on: April 03, 2006, 10:20:20 am » |
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I must say I was quite surprised on Thursday night when my girlfriend's cousin pulled up in a brand new Fit sport. I had to opportunity to drive the new car and was really impressed.
Much of what I felt is the same as has been previously mentioned. The 5-speed felt solid, and the utility is amazing. It's just took too long to bring it to Canada. |
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safristi
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« Reply #32 on: April 03, 2006, 11:47:48 am » |
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Yeah Artic it's $25K out the door for the desirable Sport paddle FIT....!!!!! ......saw the copper Sport one Sunday......  ..nice enuf...family said it looked Fugky and were thumbs upping the Civics and a mazda 5 wagon(trade in)........make a nice 2 nd car in 3 years...too much hype and too much $$$ fer NOW IMHO........but seems to be the "MUST_HAVE" of the competition for the early adaptors.......geez an old Escort wagon,Suzuki Wagon Saturn Wagon,PT cruiser etc would give ya 90% of the UTILITY.Frugality fer half to a quarter of the PRICE...if yer not into the Latest TOY sorry HONDOTA !!!!.... with 20% less Panache and verve OK..........  |
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THERE IS NO CURE FOR "LOTUS"......ONLY TREATMENT.....
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OliverD
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OfflineVehicle: 2006 Mazda 6 GT wagon, 2007 Mazda 3 GT sedan
Gender:
Location: Fredericton NB
Posts: 93
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« Reply #33 on: April 03, 2006, 01:32:21 pm » |
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Saw a few Fits in person this weekend, and they do look really good. They are priced a bit too closely to the Civic, though. Still, for someone who needs something more practical than a Civic, this is an excellent choice. |
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johngenx
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« Reply #34 on: April 03, 2006, 04:24:35 pm » |
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Just think of it as Civic-Wagon-Lite and the pricing makes perfect sense. Also, maybe 1% of buyers know it's been out in other markets... |
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No place I'd rather be...  |
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articsteve
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« Reply #35 on: April 03, 2006, 04:31:39 pm » |
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“Frankly, we are not going to ever defeat the insurgency,” Billions for jets and pennies for vets; Harponi is MAGNIFICENT.
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hondasalesguy
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« Reply #36 on: April 03, 2006, 04:54:47 pm » |
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We have to remember this is not the EXACT same car they have been selling since 2001 in Japan. Entire front end is new ahead of the A pillar, new North America only engine, more safety equipment, etc. And although the horsepower is 30 shy of the new Civic, at a much lower weight it has similar pep, best in class according to Car and Driver. So the fact that it is priced pretty close to the Civic isn't really a detriment other than to those people who were looking for an Aveo fighter... |
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a4_tom
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« Reply #37 on: April 03, 2006, 07:45:34 pm » |
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Just think of it as Civic-Wagon-Lite and the pricing makes perfect sense. Also, maybe 1% of buyers know it's been out in other markets...
Or Civic CX/DX hatchback with 21st century technologies. |
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Sir Osis of Liver
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« Reply #38 on: April 03, 2006, 07:57:57 pm » |
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I wonder how many Civic sales the Fit will cannibalize? Seems to be a pretty good little car. It certainly would have been one of the first I'd have looked at if it had been out last year.  |
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For me, it is far better to grasp the Universe as it really is than to persist in delusion, however satisfying and reassuring. –
Carl Sagan
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hondasalesguy
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« Reply #39 on: April 03, 2006, 09:32:21 pm » |
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Honda realizes that the Fit will eat into some of the lower end Civic sales. But they have also made a higher end Civic Sedan than ever sold in Canada before (the EX), and more varieties of all other Civics. Their goal is to move 15,000 Fits in the first model year (but this is from now until fall 2007 so really that is only about 7500 for the balance of 2006) and also increase Civic sales to 70,000 from about 63,000.
There is no question they will sell the 7500 Fits, but they may have a tough go increasing Civic sales at the same time as they have another competitive car to their own product.
If they could get more Fits imported here they would sell more, problem is all 4 factories that build the Fit (Japan, China, Brazil and Thailand) are going at full tilt and they can't physically BUILD any more...)
Maybe this will convince Honda to build a 3rd plant in Ontario, to supply North America with more Fits... |
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