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Originally Posted by IamIan
Cherry picking .. cries the person who only sites the highest price example he can find on the planet for the Insight ?
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It's Autoblog that picked the cherries in this case
It's as relevant to me as the $17k Insight is to you. It's not cherry picking, it's the most relevant example I have (and why I've long held this opinion of G1's). If I wanted to cherry pick, I'd have gone straight to Singapore where the current Jazz/Fit sells for US$93,000. They don't seem to sell Insights there.
http://www.sgcarmart.com/new_cars/pr...2015-03-10.pdf
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For the record .. I intended no cherry picking... But Honestly .. I also made no effort to do an extensive search... they were intended to show what they did show ... that Australia artificially raises the price of vehicles compares to the rest of the world .. 2x or even 3x is not unheard of , nor uncommon.
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I believe this to be true, but it bares no impact on the discussion at hand, particularly since I've posted over and over that most cars are roughly on par with the US and some even cheaper.
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They did keep it bellow that .. everywhere else on the planet.
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Clearly not.
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Invoice price of the Gen-1 Insight turned a profit for Honda to make it even at ~$18k.
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Honda themselves have stated the cars sold at a loss. I can't believe you don't know that. The only question is how much of a loss. Even the current Japan built Hondas sell at a loss in the US.
Honda "losing money" on Japan-built cars like Fit, CR-Z and Insight
Toyota have also stated the Prius sold at a loss (Even the million dollar plus Bugatti Veyron sold at a loss- selling at a loss isn't uncommon in the car industry - that's why GM & Chrysler had to be bailed out).