Real world prices of the Type-R are still way more than MSRP. You're talking near 40k to get out the door. That's a 12k price difference. That's a lot of money for the relatively small real world performance difference. Plus, I have a personal rule to never spend more than MSRP on a car. That rules out a Type-R for me automatically.Your financial analysis is really only valid if you are going to resell it in a given period. Many of us love our VN's and are planning to keep them much longer. It's like all the money you may have lost on your investments as of late, it's only on paper until you sell. That said I test drove the CTR for 48 hours via Turo and thought it was an amazing car. A good bit better as a high-performance FWD sports car than the VN. But, not really any more fun to drive. AND, I found the VN to be a more livable daily driver for a number of reasons. For one it is a good bit SMALLER. The CTR has a much bigger outer body, for some of us that is a big negative. Another thing I could not get over was the loud engine drone in the cabin which due to the lack of settings you could not get rid of, and I had serious trouble conversing with people over Bluetooth in the CTR because of it. The CTR is a high performance scalpel for a FWD Hatch, no doubt about it. The crispy shifter, heavier clutch and incredible handling is all there, but you know what? Every time I would finish a drive in it I was quite a bit more "spent" if you will, kind of worn out from that performance and sound. With the VN, you get all the fun factor, plenty of performance without the daily driving exhaustion.
Real world prices of the Type-R are still way more than MSRP. You're talking near 40k to get out the door. That's a 12k price difference. That's a lot of money for the relatively small real world performance difference. Plus, I have a personal rule to never spend more than MSRP on a car. That rules out a Type-R for me automatically.
Type-R's resale is definitely way better than the N. But the original poster's analysis assumes the Type-R stays popular. It might but cars are lousy investments in the grand scheme, even popular ones. Just looking at dollars and cents, you're better off in other investments. If I buy a Veloster N for 28k and put the 12k I saved in a mutual fund, I virtually guarantee that I'll be better off financially than the guy who buys a Type-R in 5 years.
The KBB Private Party selling price for 1 year old Veloster N with the PP, 10k miles, and in very good condition is $23,650. For the Civic Type R, it's $35,331. So the N lost a bit more value relative to its original purchase price, especially by percentage. Part of that is Hyundai versus Honda. Another part is the Type R is very limited production while the N is not, so it has extraordinarily good resale even compared to other Hondas. But will the Type R maintain this resale performance? That's not guaranteed. Something better may come along, or Honda might start making more of them.Honda’s definitely depreciate slower than Hyundai’s but when you factor in real world selling prices the difference is not nearly as great.
Ha in michigan veloster N with performance package are selling 5k under MSRP.I looked up a local inventory for a type r like 3 years ago and that damn dealer still leaves me voicemails and emails begging me to come it to see the type r as if they didnt mark it up to 42k lol
even my local hyundai dealer had a N base, marked up to 42k and they refused to let me test drive it. THE BASE lmao, miami is a dying joke full of idiots who buy these marked up crap. i had to get my car delivered from a dealer in Tallahassee to find a blue PP at msrp.
i love cars way to much but there are few things in life i hate more than dealerships.
I noticed on my search literally any other state had them under msrp but apparently not Florida lol. I believe now, they are under msrp but i havnt checked. This was when they were still fairly new in june 2019
I'm interested to know the dealer as well. Here in the Austin area, I've gotten a quote that was $2,600 under msrp...$5k would be amazing...