follow ft86club on our blog, twitter or facebook.
FT86CLUB
Ft86Club
Speed By Design
Register Garage Community Calendar Today's Posts Search

Go Back   Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community - FT86CLUB > 1st Gens: Scion FR-S / Toyota 86 / Subaru BRZ > Scion FR-S / Toyota 86 GT86 General Forum

Scion FR-S / Toyota 86 GT86 General Forum The place to start for the Scion FR-S / Toyota 86 | GT86

Register and become an FT86Club.com member. You will see fewer ads

View Poll Results: Have you made your purchase decision?
Purchase after looking\touching\sitting in the car. 4 3.70%
Purchase after DEALER takes you around for a test drive. 1 0.93%
Purchase only after YOU test drive. 67 62.04%
Purchase decision already made. 36 33.33%
Voters: 108. You may not vote on this poll

Reply
 
Thread Tools Search this Thread
Old 03-14-2012, 04:24 PM   #29
Baldeagle
Senior Member
 
Join Date: Mar 2012
Drives: VW GLI 6MT
Location: New Jersey
Posts: 110
Thanks: 61
Thanked 88 Times in 41 Posts
Mentioned: 1 Post(s)
#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.
Baldeagle is offline   Reply With Quote
Old 03-14-2012, 06:41 PM   #30
bestwheelbase
 
Join Date: Nov 2011
Drives: 1985 P-Type
Location: Nashville, TN, USA
Posts: 3,710
Thanks: 3,273
Thanked 2,058 Times in 1,098 Posts
Mentioned: 50 Post(s)
Nice to see others are waiting on an honest test drive before making a decision.

Non-refundable deposits are ridiculous.
bestwheelbase is offline   Reply With Quote
Old 03-14-2012, 06:43 PM   #31
bestwheelbase
 
Join Date: Nov 2011
Drives: 1985 P-Type
Location: Nashville, TN, USA
Posts: 3,710
Thanks: 3,273
Thanked 2,058 Times in 1,098 Posts
Mentioned: 50 Post(s)
Quote:
Originally Posted by Baldeagle View Post
#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.
bestwheelbase is offline   Reply With Quote
Old 03-14-2012, 08:18 PM   #32
86fanatic
Senior Member
 
Join Date: Mar 2012
Drives: auto
Location: us
Posts: 243
Thanks: 5
Thanked 43 Times in 19 Posts
Mentioned: 0 Post(s)
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.
86fanatic is offline   Reply With Quote
Old 03-14-2012, 08:23 PM   #33
tranzformer
Delights in pure handling
 
tranzformer's Avatar
 
Join Date: Apr 2011
Drives: Zoom Zoom
Location: KS
Posts: 4,854
Thanks: 0
Thanked 15 Times in 14 Posts
Mentioned: 1 Post(s)
Quote:
Originally Posted by 86fanatic View Post
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 View Post
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.
tranzformer is offline   Reply With Quote
Old 03-14-2012, 09:14 PM   #34
86fanatic
Senior Member
 
Join Date: Mar 2012
Drives: auto
Location: us
Posts: 243
Thanks: 5
Thanked 43 Times in 19 Posts
Mentioned: 0 Post(s)
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.
86fanatic is offline   Reply With Quote
Old 03-14-2012, 09:17 PM   #35
Deslock
Senior Member
 
Deslock's Avatar
 
Join Date: Oct 2009
Drives: 2013 DZE/01 (sold for MX5 ND1)
Location: western MA
Posts: 871
Thanks: 265
Thanked 269 Times in 133 Posts
Mentioned: 15 Post(s)
Refundable deposit has been down since last September, but I'll purchase it only after I drive it.
Deslock is offline   Reply With Quote
Old 03-14-2012, 09:24 PM   #36
tranzformer
Delights in pure handling
 
tranzformer's Avatar
 
Join Date: Apr 2011
Drives: Zoom Zoom
Location: KS
Posts: 4,854
Thanks: 0
Thanked 15 Times in 14 Posts
Mentioned: 1 Post(s)
Quote:
Originally Posted by 86fanatic View Post
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.
tranzformer is offline   Reply With Quote
Old 03-14-2012, 10:09 PM   #37
86fanatic
Senior Member
 
Join Date: Mar 2012
Drives: auto
Location: us
Posts: 243
Thanks: 5
Thanked 43 Times in 19 Posts
Mentioned: 0 Post(s)
Quote:
Originally Posted by tranzformer View Post
This is ft86club, we are meant to go off topic. FT= forgot topic.
Sorry - I'm new here, still figuring my way around :happy0180:
86fanatic is offline   Reply With Quote
Old 03-14-2012, 10:11 PM   #38
switchlanez
Glorious BRZ Master Race
 
switchlanez's Avatar
 
Join Date: Apr 2011
Drives: Subaru Libird
Location: Race Wars
Posts: 3,645
Thanks: 1,050
Thanked 2,719 Times in 1,079 Posts
Mentioned: 110 Post(s)
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.
__________________
switchlanez is offline   Reply With Quote
Old 03-14-2012, 10:16 PM   #39
Alias
Resident Genius
 
Alias's Avatar
 
Join Date: Feb 2012
Drives: Subaru Legacy GT, 1990 Geo Prizm
Location: NW FL
Posts: 100
Thanks: 54
Thanked 36 Times in 14 Posts
Mentioned: 0 Post(s)
Quote:
Originally Posted by 86fanatic View Post
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.
Alias is offline   Reply With Quote
Old 03-14-2012, 10:28 PM   #40
Draco-REX
Corner Junkie
 
Draco-REX's Avatar
 
Join Date: Feb 2012
Drives: 13 BRZ, 11 STI, 99 RS
Location: Ohio
Posts: 2,908
Thanks: 129
Thanked 1,521 Times in 702 Posts
Mentioned: 11 Post(s)
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.
Draco-REX is offline   Reply With Quote
Old 03-14-2012, 10:35 PM   #41
tranzformer
Delights in pure handling
 
tranzformer's Avatar
 
Join Date: Apr 2011
Drives: Zoom Zoom
Location: KS
Posts: 4,854
Thanks: 0
Thanked 15 Times in 14 Posts
Mentioned: 1 Post(s)
Quote:
Originally Posted by Alias View Post
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.

Seriously?
tranzformer is offline   Reply With Quote
Old 03-14-2012, 10:46 PM   #42
FRSDREAMER
Senior Member
 
FRSDREAMER's Avatar
 
Join Date: Mar 2012
Drives: 2013 FRS (hopefully)
Location: Ohio
Posts: 112
Thanks: 6
Thanked 2 Times in 2 Posts
Mentioned: 0 Post(s)
Lexus: Luxury Vehicles
Toyota: Economy Vehicles
Scion: Highly Customizable and Affordable Vehicles
FRSDREAMER is offline   Reply With Quote
 
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Gas Prices... influencing your purchase decision? r4m3n Scion FR-S / Toyota 86 GT86 General Forum 79 03-08-2012 01:12 AM
Florida BRZ group purchase Zgrinch Southeast 18 02-25-2012 08:57 PM
This will be my first auto purchase any advice? Dunkindoanuts Other Vehicles & General Automotive Discussions 13 01-06-2012 03:52 AM
How will you make your decision? Jeris@CatoMoto Scion FR-S / Toyota 86 GT86 General Forum 34 11-30-2011 11:13 PM
Timeframe! When do you plan to purchase? Zaku Scion FR-S / Toyota 86 GT86 General Forum 92 06-14-2011 11:46 PM


All times are GMT -4. The time now is 09:08 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2026, vBulletin Solutions Inc.
User Alert System provided by Advanced User Tagging v3.3.0 (Lite) - vBulletin Mods & Addons Copyright © 2026 DragonByte Technologies Ltd.

Garage vBulletin Plugins by Drive Thru Online, Inc.