Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community - FT86CLUB

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-   Scion FR-S / Toyota 86 GT86 General Forum (https://www.ft86club.com/forums/forumdisplay.php?f=2)
-   -   Have you made your purchase decision? (https://www.ft86club.com/forums/showthread.php?t=4195)

preetham 03-14-2012 11:35 AM

Have you made your purchase decision?
 
Given how hard it will be to find this car (possibly purchasing from dealers far away) and not having much time to make a decision, what would you do? All assuming the cost is within your range:
  1. Purchase after just looking\touching\sitting in the car.
  2. Purchase after DEALER takes you around for a test drive.
  3. Purchase only after YOU test drive.
  4. Purchase decision already made.

ichitaka05 03-14-2012 11:40 AM

#1 & #3 for me. I gotta do every little things before actually buying it. Even thou it looks good as is, THAT doesn't mean anything. Gotta look around again, touch exterior & interior, sit to feel comfy, and test drive to make sure I like em... before buying it

Dadhawk 03-14-2012 11:45 AM

#3 for me (which I consider implies #1)

Levi 03-14-2012 11:59 AM

I looked/touched/sat in the car and it felt cheap.
Replace my actual car with it? No. Build a track car? Yes.
I think we won't see any new Honda S2000, Mazda RX-7 or Nissan Silvia that soon, so I may end up getting it later.
So get a 30.000 € daily driver? No. I'll wait longer and get a 60.000 € Porsche Cayman.

Saber_TRD 03-14-2012 11:59 AM

Neither. I'm going to continue pestering Toyota, daily, until they release a Toyota version along side the Scion and Subaru. If not, I'll stick with my Celica until Toyota releases a sports/performance car under their brand name and not an off-shoot. Sorry, my brand loyalty is too strong. Can't do the brother/sister/partner company, for a number of reasons.

MrBonus 03-14-2012 12:01 PM

My purchase decision will be dependent upon price.

tranzformer 03-14-2012 12:03 PM

Quote:

Originally Posted by Saber_TRD (Post 155773)
Neither. I'm going to continue pestering Toyota, daily, until they release a Toyota version along side the Scion and Subaru. If not, I'll stick with my Celica until Toyota releases a sports/performance car under their brand name and not an off-shoot. Sorry, my brand loyalty is too strong. Can't do the brother/sister/partner company, for a number of reasons.

In before someone tells you Scion is Toyota. :)

powertrip 03-14-2012 12:17 PM

My decision includes most of the above and most importantly price. not just MSRP but what the final OTD price can be negotiated at.

Saber_TRD 03-14-2012 12:18 PM

Quote:

Originally Posted by tranzformer (Post 155779)
In before someone tells you Scion is Toyota. :)

As I said they're a brother/sister company, well more of a child company. They do not have the same operation as Toyota or vision. (Pure pricing garbage with one model and they go cheap/affordable instead of quality at slight extra cost which is huge to me.) I will not argue that they are the same family, but they are different.

Edit: Actually, by your logic, you're saying Subaru is Toyota because Toyota owns majority shares in Fuji Heavy Industries, which owns Subaru.

mines13 03-14-2012 12:21 PM

Done deal.

preetham 03-14-2012 12:32 PM

Quote:

Originally Posted by tranzformer (Post 155779)
In before someone tells you Scion is Toyota. :)

+1. So for folks who want it to be a toyota, i am sure you can re-badge it (undo what toyota is doing in Japan before they ship it stateside). Officially i am sure the manufacturer will be listed as toyota motor corp.
I think you can even take it to a toyota dealer for Oil change\regular maintenance and they might not say no. In most cases the scion and toyota delalers share the same building\lot, atleast the one i am talking to does.

preetham 03-14-2012 12:34 PM

Quote:

Originally Posted by Saber_TRD (Post 155800)
As I said they're a brother/sister company, well more of a child company. They do not have the same operation as Toyota or vision. (Pure pricing garbage with one model and they go cheap/affordable instead of quality at slight extra cost which is huge to me.) I will not argue that they are the same family, but they are different.

In general they do not have the same operation\vision, but for the FR-S they do.

Saber_TRD 03-14-2012 12:36 PM

Quote:

Originally Posted by preetham (Post 155808)
+1. So for folks who want it to be a toyota, i am sure you can re-badge it (undo what toyota is doing in Japan before they ship it stateside). Officially i am sure the manufacturer will be listed as toyota motor corp.
I think you can even take it to a toyota dealer for Oil change\regular maintenance and they might not say no. In most cases the scion and toyota delalers share the same building\lot, atleast the one i am talking to does.


Not good enough for me, I want a GT 86 equivalent, not a G 86 equivalent. Don't say Subaru, the styling differences and suspension differences I do not want.

NemesisPrime909 03-14-2012 12:37 PM

Quote:

Originally Posted by Saber_TRD (Post 155773)
Neither. I'm going to continue pestering Toyota, daily, until they release a Toyota version along side the Scion and Subaru. If not, I'll stick with my Celica until Toyota releases a sports/performance car under their brand name and not an off-shoot. Sorry, my brand loyalty is too strong. Can't do the brother/sister/partner company, for a number of reasons.

How do you feel about the Lexus SC300/400?

colHolm 03-14-2012 12:41 PM

Quote:

Originally Posted by Saber_TRD (Post 155800)
Edit: Actually, by your logic, you're saying Subaru is Toyota because Toyota owns majority shares in Fuji Heavy Industries, which owns Subaru.

Not really... Toyota isn't the largest shareholder of Scion. They are Scion. Subaru is a separate, outside company of which Toyota owns a majority of shares.

SUB-FT86 03-14-2012 12:42 PM

Quote:

Originally Posted by Saber_TRD (Post 155800)
As I said they're a brother/sister company, well more of a child company. They do not have the same operation as Toyota or vision. (Pure pricing garbage with one model and they go cheap/affordable instead of quality at slight extra cost which is huge to me.) I will not argue that they are the same family, but they are different.

Edit: Actually, by your logic, you're saying Subaru is Toyota because Toyota owns majority shares in Fuji Heavy Industries, which owns Subaru.

Do me a favor. Look up Toyota Zelas/ Toyota Corolla Rumion/Toyota Ist/Toyota IQ/Toyota 86. All of these cars is branded a Toyota in different parts of the world but what is all of them called in NA? Scions. So the whole vision crap is absurd.

Saber_TRD 03-14-2012 12:49 PM

Quote:

Originally Posted by NemesisPrime909 (Post 155815)
How do you feel about the Lexus SC300/400?

You mean the Toyota Soarer made Lexus for N.A.? I'd rather they have kept it a Toyota as well. Love actual names vs letters/numbers. However in Lexus' case they keep quality in mind and toss in some more luxury at even more cost, don't really care for the extra luxury but at least they are not cheaping out on things and forcing you into one trim.

In that case though I'd have to opt for a Supra. A) It's a Toyota (brand loyalty again) B) Same engine, different purpose. (Depending on year of Soarer)

Dadhawk 03-14-2012 12:51 PM

Quote:

Originally Posted by preetham (Post 155808)
+1. ...I think you can even take it to a toyota dealer for Oil change\regular maintenance and they might not say no. In most cases the scion and toyota delalers share the same building\lot, atleast the one i am talking to does.

In my case, I'm actually buying it from a Toyota dealer. They sell Scion on the same floor under a banner that says (and I'm paraphrasing) "Yo, we have these cars over here too".

That said, I respect Taber_CRD's opinion on it. I wish it said Toyota as well. I'm just not hung up on the badge thing as much because it seems to be saving me money and avoiding things I really don't care about in the car (remember I'm the guy that wants manual windows).

Even better I wish it had a "Ferrari by Toyota" badge on it.

ichitaka05 03-14-2012 12:51 PM

going off topic~ c'mon, at least make first page on-topic lol

Saber_TRD 03-14-2012 12:55 PM

Quote:

Originally Posted by ichitaka05 (Post 155836)
going off topic~ c'mon, at least make first page on-topic lol

Sorry about that, I'm not helping by responding to the counters of my opinion. I'll stop.

chulooz 03-14-2012 01:02 PM

In before theyre all subarus anyway.:thumbup:

xrs 03-14-2012 01:03 PM

You should really add "if the price is right" to your poll.

preetham 03-14-2012 01:47 PM

Yes, this all given that the price is right (dont want to open that can of worms). That is specified in the post below the poll.

Dragonitti 03-14-2012 02:12 PM

Quote:

Originally Posted by ichitaka05 (Post 155754)
#1 & #3 for me. I gotta do every little things before actually buying it. Even thou it looks good as is, THAT doesn't mean anything. Gotta look around again, touch exterior & interior, sit to feel comfy, and test drive to make sure I like em... before buying it

+1 :thumbsup:

tranzformer 03-14-2012 02:36 PM

Quote:

Originally Posted by Saber_TRD (Post 155800)
As I said they're a brother/sister company, well more of a child company. They do not have the same operation as Toyota or vision. (Pure pricing garbage with one model and they go cheap/affordable instead of quality at slight extra cost which is huge to me.) I will not argue that they are the same family, but they are different.

Edit: Actually, by your logic, you're saying Subaru is Toyota because Toyota owns majority shares in Fuji Heavy Industries, which owns Subaru.

Guess you don't know business world that well. Majority share doesn't mean much unless you own 51% of the company and can single handly make decisions. TMC can't do that with FHI.

NERO 03-14-2012 02:54 PM

Quote:

Originally Posted by Saber_TRD (Post 155800)
As I said they're a brother/sister company, well more of a child company. They do not have the same operation as Toyota or vision. (Pure pricing garbage with one model and they go cheap/affordable instead of quality at slight extra cost which is huge to me.) I will not argue that they are the same family, but they are different.

It's not supposed to have the same vision, it's geared towards a completely different target audience, thus the reason for pure pricing and the reason they are built with less luxury items in them.

Scion is no less a Toyota product than Lexus is. Would you say they are cheap because they are not a Toyota product as well? You need to look at Toyota's business model and reason for having the Scion name before saying something so dumb.

Alias 03-14-2012 03:09 PM

Quote:

Originally Posted by tranzformer (Post 155926)
Guess you don't know business world that well. Majority share doesn't mean much unless you own 51% of the company and can single handly make decisions. TMC can't do that with FHI.


Guess you don't know business world that well. Owning 51% of the company in no way means that you can "single handly make the business decisions" for the company unless you're part of hollywood movies like Mr. Deeds.

Most companies require 2/3 majority vote of shareholders for major decisions. In most states it's a legal requirement, and even where it isn't there are still laws to protect the minority shareholders and if the decisions don't make sense for the business they can sue the majority shareholder's pants off.

86fanatic 03-14-2012 03:35 PM

Quote:

Originally Posted by Alias (Post 155948)
Guess you don't know business world that well. Owning 51% of the company in no way means that you can "single handly make the business decisions" for the company unless you're part of hollywood movies like Mr. Deeds.

Most companies require 2/3 majority vote of shareholders for major decisions. In most states it's a legal requirement, and even where it isn't there are still laws to protect the minority shareholders and if the decisions don't make sense for the business they can sue the majority shareholder's pants off.

Exactly, especially in publicly traded companies the "majority shareholder" tends to own 10% of the company or less. Majority shareholder also tends to mean the shareholder who controls the most shares, not the shareholder who controls 51% of the company.

In the case of FHI, it does look like Toyota is the majority shareholder:

http://www.fhi.co.jp/english/ir/share_info/share.html

Baldeagle 03-14-2012 04:24 PM

#3 -must test drive. I want to feel the suspension differences between the BRZ and FRS. Must also make sure the back seat is functional, even if it will only be used a few times per year. Would like to see crash tests and actual road tests. Final price is important too. If the prices are artificially elevated due to high initial demand, I may use that as an opportunity to wait and learn about any “first model year” car problems. In many cases the second year of a new generation, especially a first generation, is more reliable.

bestwheelbase 03-14-2012 06:41 PM

Nice to see others are waiting on an honest test drive before making a decision.

Non-refundable deposits are ridiculous.

bestwheelbase 03-14-2012 06:43 PM

Quote:

Originally Posted by Baldeagle (Post 156013)
#3 -must test drive. I want to feel the suspension differences between the BRZ and FRS.

Though suspension tuning can easily be adjusted with the aftermarket products that will soon be available, I think this is a very interest comparison that has been basically overlooked. Other than a couple journos who mentioned different spring/damper rates and "The BRZ pushes more" -- we really don't know how the two compare until we drive them.

86fanatic 03-14-2012 08:18 PM

Test drive is essential. I know how I want the car to feel and drive, but I need to confirm for myself and not vicariously through reviews.

Also with small cars like this, fitting comfortably is always a concern. If I can't find a comfortable seating position during the test drive, that's a deal breaker.

tranzformer 03-14-2012 08:23 PM

Quote:

Originally Posted by 86fanatic (Post 155974)
Exactly, especially in publicly traded companies the "majority shareholder" tends to own 10% of the company or less. Majority shareholder also tends to mean the shareholder who controls the most shares, not the shareholder who controls 51% of the company.

In the case of FHI, it does look like Toyota is the majority shareholder:

http://www.fhi.co.jp/english/ir/share_info/share.html

Toyota is not the majority shareholder. They are the LARGEST shareholder. Please look up the definitions.


Quote:

Originally Posted by Alias (Post 155948)
Guess you don't know business world that well. Owning 51% of the company in no way means that you can "single handly make the business decisions" for the company unless you're part of hollywood movies like Mr. Deeds.

Most companies require 2/3 majority vote of shareholders for major decisions. In most states it's a legal requirement, and even where it isn't there are still laws to protect the minority shareholders and if the decisions don't make sense for the business they can sue the majority shareholder's pants off.

Quote:

A person or company that owns 50% plus one of the stock in a publicly-traded company. This allows the majority shareholder outright control of the company's operations, especially the election of its board of directors. Some majority shareholders are not involved in the daily operations of the company, but most are. Indeed, the majority shareholder is often the company's founder.
http://financial-dictionary.thefreed...ty+Stockholder


Anyways thanks. You proved my point. Toyota owns 16.7% which isn't anywhere close to 51% and much less than the 2/3rd needed to make decisions.

Also depends how the companies charter is setup whether it requires 51% majority or a "supermajority."


Quote:

A corporate amendment in a company's charter requiring a large majority (anywhere from 67-90%) of shareholders to approve important changes, such as a merger.

This is sometimes called a "supermajority amendment". Often a company's charter will simply call for a majority (more than 50%) to make these types of decisions.

http://www.investopedia.com/terms/s/...#axzz1p8lH9Uaj


So please don't come in here and act like every company needs a supermajority cause they don't. Do some? Yes. But you would require at least 51% (at the minimum) or even more strict a supermajority which can be anywhere from (2/3rds) up to 90% depending on the company's charter.

86fanatic 03-14-2012 09:14 PM

A lot of it also has to do with class of shares, voting rights, how the company ownership is structured (preferred shares), etc. Also foreign corporations have a whole other set of laws. It's not as simple as Toyota only owns 17% therefore they don't have the ability to make decisions for the company.

Anyway, we probably shouldn't get sidetracked into a discussion about financial laws and definitions, it's kind of a tangent to the point of the thread.

Deslock 03-14-2012 09:17 PM

Refundable deposit has been down since last September, but I'll purchase it only after I drive it.

tranzformer 03-14-2012 09:24 PM

Quote:

Originally Posted by 86fanatic (Post 156208)
A lot of it also has to do with class of shares, voting rights, how the company ownership is structured (preferred shares), etc. Also foreign corporations have a whole other set of laws. It's not as simple as Toyota only owns 17% therefore they don't have the ability to make decisions for the company.

Anyway, we probably shouldn't get sidetracked into a discussion about financial laws and definitions, it's kind of a tangent to the point of the thread.


I was just refuting Saber_TRD and your statement that TMC has majority share of FHI/Subaru. Which is incorrect. They are the largest single shareholder. But that does not equate to majority ownership. That is all.

Also I never said that Toyota doesn't make decisions involving FHI. Just that they don't have majority decision making capacity. There are 83% other votes out there. 83>17. They have some say, but not the only say.

This is ft86club, we are meant to go off topic. FT= forgot topic.

86fanatic 03-14-2012 10:09 PM

Quote:

Originally Posted by tranzformer (Post 156214)
This is ft86club, we are meant to go off topic. FT= forgot topic.

Sorry - I'm new here, still figuring my way around :happy0180:

switchlanez 03-14-2012 10:11 PM

FHI is a conglomerate that provides products in the automotive, industrial power, and aerospace industries. What's the relevance of debating Toyota's ownership within the entire FHI conglomerate as a whole? Do we care how much say they have in industrial power or aerospace? What if automotive consitutes only 15% of FHI activities? I'm not saying Toyota is in charge of Subaru but we'd have to drill down and debate on that level because the other industries are irrelevent (to me).

The BRZ is a small niche under the Subaru subcategory under the automotive subcategory under the entire FHI conglomerate. Under the BRZ niche Toyota probably had a significantly larger say than it does in FHI as a whole.

Alias 03-14-2012 10:16 PM

Quote:

Originally Posted by 86fanatic (Post 156234)
Sorry - I'm new here, still figuring my way around :happy0180:


In time you'll learn that some of the people here with the largest post counts also have the largest egos to satiate and don't really know as much as they would like to pretend they do.

There is absolutely no reason to apologize for having good manners and trying to get a thread back on topic.

Draco-REX 03-14-2012 10:28 PM

It's all but sure that there will be many more FR-S units in the US than the BRZ. I think there will be a good chance to find local availability.


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