Some dealers want M3 money for a Civic.
When the Honda Civic Type R first arrived in the United States back in 2017, the excitement was palpable. It was the first time Honda had ever offered the Civic Type R in the US, and enthusiasts were understandably excited. Many even paid an exorbitant dealership markup to be among the first to own one. A brand-new 2022 Civic model is on the way, but Honda wants to squeeze all the mileage it can out of the outgoing car, especially the Type R.
The Japanese automaker revealed a lighter weight Type R Limited Edition, with only 1,000 units available worldwide (600 in the US). Finished in a bright shade of Phoenix Yellow, we expected the Type R to be popular amongst enthusiasts. Nabbing one of the 600 examples allocated to the US will not be an easy task, and CarBuzz has already spotted some astronomical dealer markups (aka market adjustments).
As a reminder, the 2021 Civic Type R saw a slight price increase for its final model year, now starting at $37,895. The LE is significantly more, priced at $43,995. For that sum, the LE doesn't receive any additional power from its 2.0-liter turbocharged four-cylinder that produces 306 horsepower and 295 lb-ft. The key changes to the yellow car include a significant weight reduction, tuned dampers, and a tuned steering rack. And remember, it's rare.
After browsing new Type R LE listings, we've found dealerships making them up to nearly $75,000. Gillman Honda of San Antonio wins the prize for the highest markup with a listed selling price of $74,999, while Courtesy Palm Harbor Honda in Florida is not far behind at $74,990. These are not isolated occurrences, as we counted 13 dealerships listing the car at over $60,000.
In fact, the lowest price we could find for a Civic Type R LE was $54,990 from West Herr Honda in Lockport, New York, which is still more than $10,000 over sticker price. Let's stop for a second and think about what other brand-new cars are available for around $75,000 or less. Some notable examples include the Alfa Romeo Giulia Quadrifoglio, BMW M3, Chevrolet Corvette, Cadillac CT4-V Blackwing, and Dodge Challenger Hellcat.
The Civic Type R is a pretty great hot hatchback and the LE looks pretty cool, but we'd take any of the above options at that price.