Questions Type R Dilema...

Pumatron · 22nd May 2008, 20:22

Hi all,
I have had a few fun cars in the past, Mazda Rx8, Renault clio 172 cup, Lexus IS200. I needed more room for my daughters buggy etc and wanted abit of performance so bought 2006 2.2 civic sport.
I love this car to bits, but the wife and I both miss the performance of our previous cars which the 2.2 does not quite hit.
I started a hunt for a Type R within our budget and put a deposit on a 57 plate type r gt in NHB after a short stint of hunting the local dealers.
It is just what we have been looking for, all the room of our 2.2 but performance on par with the RX8/clio 172, also the 3 door would be more practical for our daughter as putting her in her car seat in the rear of the 5 door is awkward due to the small door opening (we have to twist our daughter into her seat without banging her head and breaking our back!!!)

I have reservations though. We intend to keep the type r for around 2 years, with fuel prices increasing as they are this is going to hit the residual values of all 'juicy' cars as people will steer clear of cars with poor MPG regardless.
Think about it, a civic costs about £50/60 to fill at present, if fuel goes to £2.00 a litre within two years that will mean that a civic will be around £90/£100 to fill!!!!! The average mileage of car useage is 10000 to 12000 miles a year, this could in a type r equal around £80 a week in fuel or £320 a month for about 1000 miles.

My concern is that I will pay £18k for a car and in two years time struggle to achieve £5k for it because no one is buying cars of 1.4 or more due to running costs, so do we stick to the 2.2 and let depreciation on that just occur and wait for new technologies in effiency be released by car manufactures and buy one of those or do we follow the type r road and risk loosing out on a rather large amount of cash????
I currently do around 6000 miles a year.

Thank you for your thoughts in advance.

Regards Pumatron.

NEEMSTAR · 22nd May 2008, 20:25

lease one

illegalhunter · 22nd May 2008, 20:27

As Above

cylon2007 · 22nd May 2008, 20:34

get the 2.2 chipped

Jack The Lad. · 22nd May 2008, 20:55

Agreed, - Chipped is the answer.
"Er Indoors" instructed me to take the day off today, so we went for a run- just poodling along at 45 -50,with a little right trotter now and then, as there was no rush.
Arrived back on my drive with 54.9 ave' mpg.
So, even with a chip, you will be on a winner.
Think of the "turn around" costs, if you trade it in.??

Pumatron · 22nd May 2008, 21:22

Hi, we have been offered £10750 trade in for our 2.2, which, looking at the price guide books is about right, but that does mean it has lost £3000 in 8 months!!!! Ouch.
But then saying that theType R will lose a massive amount in the first three years £8000+ according to the sales person when I quizzed him over it, ouch,ouch,ouch.

I am not keen on leasing as at the end of the lease will I be left with much?
I am not keen on chipping the 2.2, would this effect the warranty left on the car?

Oh but I did like how the CTR it drove..........damn you Honda, and damn me for sowing the seed in my head in the first place, there is nothing wrong with the 2.2, but I ve driven the CTR now and it just ain't the same............damn,damn,damn.

NEEMSTAR · 22nd May 2008, 21:31

Quote:

Originally Posted by Pumatron

Hi, we have been offered £10750 trade in for our 2.2, which, looking at the price guide books is about right, but that does mean it has lost £3000 in 8 months!!!! Ouch.
But then saying that theType R will lose a massive amount in the first three years £8000+ according to the sales person when I quizzed him over it, ouch,ouch,ouch.

I am not keen on leasing as at the end of the lease will I be left with much?
I am not keen on chipping the 2.2, would this effect the warranty left on the car?

Oh but I did like how the CTR it drove..........damn you Honda, and damn me for sowing the seed in my head in the first place, there is nothing wrong with the 2.2, but I ve driven the CTR now and it just ain't the same............damn,damn,damn.

lease is about 280 a month the last time i checked
what do you mean left with much ? you pay 280 a month for the 2 years and then give the car back to them. mileage is capped at 10k miles i believe.
they also pay your tax for both years
you pay for the first service only
i think thats how leasing works anyway

but as you think 8k over 3 years is too much then leasing aint for you either

although Type R residuals are better than any in its class

however you know the Type R is the way forward

22nd May 2008, 20:22	#1 (permalink)
Pumatron Supporter Wheelnut Join Date: 4th October 2007 Location: South East England Posts: 91 Thanks: 3 Thanked 4 Times in 3 Posts iTrader: (0)	Type R Dilema... Hi all, I have had a few fun cars in the past, Mazda Rx8, Renault clio 172 cup, Lexus IS200. I needed more room for my daughters buggy etc and wanted abit of performance so bought 2006 2.2 civic sport. I love this car to bits, but the wife and I both miss the performance of our previous cars which the 2.2 does not quite hit. I started a hunt for a Type R within our budget and put a deposit on a 57 plate type r gt in NHB after a short stint of hunting the local dealers. It is just what we have been looking for, all the room of our 2.2 but performance on par with the RX8/clio 172, also the 3 door would be more practical for our daughter as putting her in her car seat in the rear of the 5 door is awkward due to the small door opening (we have to twist our daughter into her seat without banging her head and breaking our back!!!) I have reservations though. We intend to keep the type r for around 2 years, with fuel prices increasing as they are this is going to hit the residual values of all 'juicy' cars as people will steer clear of cars with poor MPG regardless. Think about it, a civic costs about £50/60 to fill at present, if fuel goes to £2.00 a litre within two years that will mean that a civic will be around £90/£100 to fill!!!!! The average mileage of car useage is 10000 to 12000 miles a year, this could in a type r equal around £80 a week in fuel or £320 a month for about 1000 miles. My concern is that I will pay £18k for a car and in two years time struggle to achieve £5k for it because no one is buying cars of 1.4 or more due to running costs, so do we stick to the 2.2 and let depreciation on that just occur and wait for new technologies in effiency be released by car manufactures and buy one of those or do we follow the type r road and risk loosing out on a rather large amount of cash???? I currently do around 6000 miles a year. Thank you for your thoughts in advance. Regards Pumatron.

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode


This thread is about: Type R Dilema..., it's in Buying, Dealers and Servicing at the Honda Civic forum Civinfo; Hi all, I have had a few fun cars in the past, Mazda Rx8, Renault clio 172 cup, Lexus IS200. I needed more room for ...

22nd May 2008, 20:25	#2 (permalink)
NEEMSTAR Type R Brigade Member Rocketship door handle Join Date: 7th October 2007 Location: In Your Mind Posts: 1,566 Thanks: 36 Thanked 27 Times in 27 Posts iTrader: (0)	lease one

22nd May 2008, 20:27	#3 (permalink)
illegalhunter RELOADING FOR ELK Civinfo guru Join Date: 10th May 2007 Location: FILLING THE HILLS WITH LEAD Posts: 3,234 Thanks: 7 Thanked 39 Times in 38 Posts iTrader: (0)	As Above

22nd May 2008, 20:34	#4 (permalink)
cylon2007 Magic Rear Seat Join Date: 14th April 2007 Location: South Manchester/North Cheshire Posts: 572 Thanks: 0 Thanked 6 Times in 6 Posts iTrader: (0)	get the 2.2 chipped

22nd May 2008, 20:55	#5 (permalink)
Jack The Lad. Supporter Rocketship door handle Join Date: 28th August 2007 Location: ENGLAND Posts: 1,905 Thanks: 8 Thanked 22 Times in 22 Posts iTrader: (0)	Agreed, - Chipped is the answer. "Er Indoors" instructed me to take the day off today, so we went for a run- just poodling along at 45 -50,with a little right trotter now and then, as there was no rush. Arrived back on my drive with 54.9 ave' mpg. So, even with a chip, you will be on a winner. Think of the "turn around" costs, if you trade it in.??

22nd May 2008, 21:22	#6 (permalink)
Pumatron Supporter Wheelnut Join Date: 4th October 2007 Location: South East England Posts: 91 Thanks: 3 Thanked 4 Times in 3 Posts iTrader: (0)	Hi, we have been offered £10750 trade in for our 2.2, which, looking at the price guide books is about right, but that does mean it has lost £3000 in 8 months!!!! Ouch. But then saying that theType R will lose a massive amount in the first three years £8000+ according to the sales person when I quizzed him over it, ouch,ouch,ouch. I am not keen on leasing as at the end of the lease will I be left with much? I am not keen on chipping the 2.2, would this effect the warranty left on the car? Oh but I did like how the CTR it drove..........damn you Honda, and damn me for sowing the seed in my head in the first place, there is nothing wrong with the 2.2, but I ve driven the CTR now and it just ain't the same............damn,damn,damn.