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Honda CR-Z to Cost Less Than $20,000; No Si/Type R Planed

The new Honda CR-Z will go on sale in the U.S. on August 24th, with a starting price of under $20,000 reports InsideLine. Unfortunately the car will not be eligible for a federal tax credit. Apparently the rules state that only 60,000 tax credits for hybrids are allowed per automaker and Honda spokesman Chuck Schifsky told IL that Honda passed that mark several years ago. Honda is able to offer the car for so little because of the less-sophisticated nickle-metal hydride battery used (rather than a lithium-ion one).

At that price range Honda intents to target buyers aged 25-35, although initial reports from Japan suggest the car is a bigger hit with an older demographic.

Sadly, for performance enthusiasts who might be attracted to the CR-Z’s small size and styling, Honda says a higher performance Si or Type R model is not in the plans. John Mendel, Honda’s VP of sales wasn’t exactly forceful on the point, however, commenting that there’s “nothing official” in the product plans. There are also no plans for a pure electric model, with Honda holding the belief that for some applications EVs will work, but that for normal use in the U.S., Honda just doesn’t see an EV catching on – at least with the current range capabilities.

Honda’s new CR-Z makes 122-hp and 128 ft-lbs of torque from a 1.5-liter gasoline engine mated to an electric motor, using Honda’s Integrate Motor Assist (IMA) hybrid system. Fuel economy is expected to reach 31/37-mpg (city/highway) for the 6-speed manual and 35/39-mpg for the CVT automatic.

Article Found At: Honda CR-Z to Cost Less Than $20,000; No Si/Type R Planed | AutoGuide.com News
 

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I hope so. I just understand why the Si or Type R is available everywhere else but the U.S. I know for myself, it would be a lock in. It is a great, beautiful looking car inside and out and if it had the engine to match it would be a hot seller.

Chrysler and Ford tried something similar by building an off beat, great looking, Retro type, sport vehicle and failed because of not being able to match the looks to performance and that was the Prowler and the Thunderbird.

Like I said before, I will try it before I give up on it- who knows, I might be surprised.
 

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US friends spare a thought for the UK crowd. Everything here is pretty much the same in £ as in $, making my CR-Z Sport cost $28,000 US. And, get this, sales tax is set to go up from the current 17.5% to 20% in January. Wonder what Beck and Palin would make of that!
 

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US friends spare a thought for the UK crowd. Everything here is pretty much the same in £ as in $, making my CR-Z Sport cost $28,000 US. And, get this, sales tax is set to go up from the current 17.5% to 20% in January. Wonder what Beck and Palin would make of that!
Are you saying that the VAT of 17.5% is charged on top of the 19,999£ cost of the GT?
 

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I discovered something very interesting about the pricing. Out of curiosity, I was playing around with several inflation & consumer price index calculators this evening.

In 1985, I paid $9800 for a CRX-Si

The relative worth of $9800 back then would be about $19,500 today using the CPI.

Cue creepy coincidental music... ;)
 

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Sorry, this is probably a dead thread by now but no, the 17.5% is included in that price. Just off the top of my head, the car would be about $3,500 (US) at 7.5% sales tax! Then figure in the cost of gas, which is about $7.20 per US gallon, about 80% of which is tax. And folks in the US yelp when a tax goes up by .5%! Actually, I agree with the US.
 
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