lexus LFA way too overpriced?

[Sax1031]

Originally Posted by a_Username

The plan is for the Supra to be a GT-R fighter? That sounds interesting. I always thought it they re-released it that it would be an affordable coupe much like the Mustang and Camaro.

I doubt that. The last incarnation of the supra was definitely not.

I believe if they make another supra it will go after the GTR. Just as I would want them to do.

[nUcLeArEnVoY]

Originally Posted by Stew

Ugh, dude, styling is getting way too organic again. It's like the mid 90's allover again.

[LOWDOWN]

Originally Posted by Masta T

yeah somethinig tell me that toyota is going to use the lfa body and mix it with the ft-86 back when they finally release the supra again as long as it in the gtr price range

The FT-86, in co-development with Subaru, will be a 4-cylinder, so more likely to be a kinda-sorta "Celica rebirth".

A sheet metal LFA version weighing 36-3700 lbs, with an F-Sport-style 3.5 V6 and/or 4.6/5.0/5.7 V8, for about $50-75,000, would find a place in the Market...

Again, for those spending $300,000+ for a "toy", this is probably their 4th or 5th or 6th vehicle, so the economic$ are NOT "familiar" to most of us.

[bigearl]

So was the Nieman-Marcus Camaro overpriced? 75k for a Camaro? They sold out in 3 mins.

[LOWDOWN]

Actually, Earl, if you added the Package bits 'n pieces, at retail/aftermarket price$, the Neiman Marcus provenance was FREE! A relative bargain...

[bigearl]

Originally Posted by LOWDOWN

Actually, Earl, if you added the Package bits 'n pieces, at retail/aftermarket price$, the Neiman-Marcus provenance was FREE! A relative bargain...

Haha, interesting argument. I can see the Prius board lighting up with a thread "Nieman-Marcus Camaro Overpriced?", and several Prius owners agreeing that this car is a rip-off.

I'd argue that this NM Camaro was underpriced though. Demand exceeded supply. Normal Camaros seemed priced about right as supply and demand appear relatively close.

It doesn't really matter if people here would rather have a Ferrari over an LFA though considering the question.

[Stew]

I think the NM Camaro was overpriced too, and ugly. Of course you know what they say, a fool and his money are soon parted (or something like that LOL).

[DGthe3]

Originally Posted by bigearl

So was the Nieman-Marcus Camaro overpriced? 75k for a Camaro? They sold out in 3 mins.

Well, the NM Camaro doesn't really have much to compare it against. The departed XLR is the nearest equivelent that GM has sold (luxury convertible). It cost more than the Nieman-Marcus Camaro, yet it wasn't as nice as that Camaro is. So I wouldn't exactly call the NM Camaro overpriced.

The closest car I can think of to the LFA would be the R8 V10 (including performance and luxury) though it does lag a bit behind the LFA performance wise. However, the LFA costs 2.5x as much ... definitely overpriced. But Toyota is going to lose money on each and every one sold. I think I heard that most cars cost about a billion to develop and tool-up to build, not including engines and transmissions which are a bit less. But normal development for a new car is 3-4 years. The LFA took about 10 years. I wouldn't be surprised if the total development cost for the LFA (car + engine + transmission + testing + factory tooling + ...) is over $4B, with only a portion directly applicable to other cars (the engine & transmission) in the near future. Learning about building with carbon fibre and setting up a factory to do that ... who knows how much that will be worth to Toyota in the coming years.

But regardless, they'd have a hard time making back the cost if they sell 10x as many as they plan. And there is no way they could sell them for $3.5M a piece either, at least not 500/yr.

[CombatVet0311]

Originally Posted by DGthe3

Well, the NM Camaro doesn't really have much to compare it against. The departed XLR is the nearest equivelent that GM has sold (luxury convertible). It cost more than the Nieman-Marcus Camaro, yet it wasn't as nice as that Camaro is. So I wouldn't exactly call the NM Camaro overpriced.

The closest car I can think of to the LFA would be the R8 V10 (including performance and luxury) though it does lag a bit behind the LFA performance wise. However, the LFA costs 2.5x as much ... definitely overpriced. But Toyota is going to lose money on each and every one sold. I think I heard that most cars cost about a billion to develop and tool-up to build, not including engines and transmissions which are a bit less. But normal development for a new car is 3-4 years. The LFA took about 10 years. I wouldn't be surprised if the total development cost for the LFA (car + engine + transmission + testing + factory tooling + ...) is over $4B, with only a portion directly applicable to other cars (the engine & transmission) in the near future. Learning about building with carbon fibre and setting up a factory to do that ... who knows how much that will be worth to Toyota in the coming years.

But regardless, they'd have a hard time making back the cost if they sell 10x as many as they plan. And there is no way they could sell them for $3.5M a piece either, at least not 500/yr.

with all that research and development and billions being thrown around, hopefully they learn how to make a gas pedal that doesn't kill Americans on the highway

[LOWDOWN]

Originally Posted by DGthe3

And there is no way they could sell them for $3.5M a piece either, at least not 500/yr.

Actually, over the next 18-24 months, they'll build 500 in TOTAL...and that accounts for the "speculative" nature of its future.

This "confirmation" of total number was very important in the decisions by many who ordered them.

Imagine what price ZR1s would sell at if Chevy stopped @ 500...or Camaro SSs for that matter...

[bigearl]

Originally Posted by DGthe3

Well, the NM Camaro doesn't really have much to compare it against. The departed XLR is the nearest equivelent that GM has sold (luxury convertible). It cost more than the Nieman-Marcus Camaro, yet it wasn't as nice as that Camaro is. So I wouldn't exactly call the NM Camaro overpriced.

The closest car I can think of to the LFA would be the R8 V10 (including performance and luxury) though it does lag a bit behind the LFA performance wise. However, the LFA costs 2.5x as much ... definitely overpriced. But Toyota is going to lose money on each and every one sold. I think I heard that most cars cost about a billion to develop and tool-up to build, not including engines and transmissions which are a bit less. But normal development for a new car is 3-4 years. The LFA took about 10 years. I wouldn't be surprised if the total development cost for the LFA (car + engine + transmission + testing + factory tooling + ...) is over $4B, with only a portion directly applicable to other cars (the engine & transmission) in the near future. Learning about building with carbon fibre and setting up a factory to do that ... who knows how much that will be worth to Toyota in the coming years.

But regardless, they'd have a hard time making back the cost if they sell 10x as many as they plan. And there is no way they could sell them for $3.5M a piece either, at least not 500/yr.

Well like I said on the NM Camaro- it wasn't overpriced because it sold out in 3 minutes. The first convertible in that price range that comes to mind is the Jaguar XK. Pretty clear that exclusivity has it's own intrinsic value that you can't compare by simply looking at the performance numbers and deciding what YOU as an individual would rather have.

I don't think I made my point well earlier. If the market decided the price then I think you could prove that the LFA and the NM Camaro are underpriced because demand was extremely higher than supply. I don't care how much it cost to produce. I could demonstrate that other cars near and dear to your hearts are overpriced in the market no matter how good of a value you think it is (yes, I am referring to Corvettes).

I'm not just making stuff up- it's sort of the underpinning of free world economics....

[Sax1031]

I am sure Lexus is having no problem selling the LFAs. So of course they are not overpriced either.

Both examples, the NM Camaro and LFA, are kind of a fool and his money deal though.

[bigearl]

Originally Posted by Sax1031

I am sure Lexus is having no problem selling the LFAs. So of course they are not overpriced either.

Both examples, the NM Camaro and LFA, are kind of a fool and his money deal though.

I don't know about that, I'd say the odds of being able to recover your money for the NM Camaro is very high. I'd say it's very high in the LFA as well IF they don't decide to up production and they allow a buyout at lease end.

If you can afford these as toys, then a 'value' is going to be based upon either the ability to recover your money or the worth of exclusivity.

[gm2376]

Originally Posted by Masta T

so i was driving to school and seen a dark grey lfa fly pass me and at first i thought "man that a nice looking car in the back" then it came to me why would you pay 300000+ for a lexus think of what you can do with that money and it makes it worse that the lfa just barely beat the gtr

so would you buy a lfa or what would you do with 300000$?

I read there is only one LFA's in the entire country, and you can't buy them, only lease them....are you sure what you saw?