Yes, I think it would have been higher if IA calculated the market would bare it. The risk of reservationists balking and the brand being initially perceived as a flop tempered a higher release price, ime.
Yes, I think it would have been higher if IA calculated the market would bare it. The risk of reservationists balking and the brand being initially perceived as a flop tempered a higher release price, ime.
That Kia probably has about $3-4k in regulatory cost built into it. Last article I read stated that 15-18% of a model year price increase was due to regulation. Now I am sure that is not for every year but those percentages add up. Would I spec out a vehicle with all the regulatory requirements we have, certainly not if I had a choice. I am not sure adding air bags would be on my list (would depend on insurance price increase without the bags vs cost of bags). I like having choices and not having the choices made for me by my government. But some don't mind them doing so.
Exactly!!!!!!!!!!!!
If it doesn't cost anything to spec a vehicle, and you can walk away before delivery if things don't progress in a positive manner with the electrical, etc, why cancel now?
then feel buyer’s remorse later Everything that is put into a vehicle cost money including tech. Luxury brands like land rover are allocating more of their budget to things like surround view camers, plush leather interiors with real wood accents, large flat screens etc etc to attract the Luxury buyers. This all takes away from what they can spend on drive train, suspension, chassis etc. Why I say IG is not catering to that crowd is because it is taking the opposite approach and is allocating a larger part of their development budget towards the things that matter for the durability and longevity of the vehicle used in an severe duty off-road environment. The parts they put into the drive train, suspension, chassis are all premium parts constructed to a hi standard and all come at higher cost. It is not easy for some one with a non mechanical back ground to see and does not jump out at you like a quilted leather seat, but it is there and I see the value that will bring to me for how I want to use it for the next 20+ years.
. That’s how much this damn thing has my heart.
A TAG? Naw... for that analogy I'd go Tudor. (Guy at the end of the bar is screaming "Omega!")
I am not sure you’re doing the math right. I live in BC and If I add almost every conceivable major option less roof rack, I am coming in at $120k configurator which includes lux tax and delivery. Adding taxes 10% pst + 5% Gst gets me to $138k on the road cost. My actual build trailmaster+tow pack+heated seats+tinted windows + safari window + premium paint = configurator total inc lux tax and delivery $110,582.00 on the road $127,537.94 all taxes in.I’m the same way @jamgolf — the closer I get to making a decision on something like this, the more my heart makes the decision over my head.
I was doing some more value math (because I need new hobbies for my Sunday morning) and the discussion here about “on the road” costs got me curious so I looked into that in my current province of residence. My previous ideal specification runs about $136k or so on the configurator. I learned this morning that my current province has a variable sales tax depending on the price of the car, and the federal government takes a flat cut too. At my ideal spec level, that total tax is 20%, making my Grenadier cost $163,000.00.
I am within about 10% off being able to buy 2 Land Rover New Defenders ordered in my ideal spec for the cost of one Grenadier here in British Columbia, taxes in. My ideal spec is the best off road and towing specs, sun roof for taking pretty pictures of deadly animals and that’s about it. The New Defender comes with a lot more luxury for these prices, but it would substantively do the same kind of application as what the Gren would do.
In short, practically speaking the Grenadier is twice as expensive as the Defender here.
To @Xrford’s point about durability — given what I purchased my current rig for, I could get 5 of them with enough cash left over to travel for 3 months on my budget. That’s a lot of spares. If I assume these rigs will last a VERY conservative 200,000 kms - and they should do that easily with no concerns about the engine or transmission or other big ticket items causing problems — that means the Gren has to last me one million kilometres with nothing but fluid changes and tires for it to be a good value purchase in my context. If I get the more realistic 300,000 kms out of my current rig - which I should; I’ve had quite a few adventure vehicles and all but the Jeep made it past 300k without needing any major work — the Gren would need to give me 1,500,000 kilometres on the same drivetrain with just fluids and tires. Or 1.8 million kilometres if I include my current truck on top of the 5 I could get for $160k+.
This is math - there’s no denying the cost/benefit analysis here. And I don’t know if a single BMW product ever that lasted more than a million kms - certainly not their engines!
So it’s objectively bad value in Canada, but honestly after thinking about this thing for years, and currently only having a reservation and no real skin in the game that I cannot walk away from — if I was sitting on $160k it would still be a very tough decision to make, and in the end I’d likely still go for it
Long story short, @jamgolf, I hear you on wanting to avoid further temptation!!
Also, for folks thinking of cancelling in “The Home of the Brave” — maybe the Gren coming to the USA for 10k -15k more than most expected isn’t too bad after all; I think your actually not getting bad value down there. I, on the other hand, am in the “True North Strong and Expensive” apparently
What province dings you 20% on a $110k vehicle?
www.savvynewcanadians.com
That's not really how non-luxury import products work. Global market prices off net price (after taxes, tariffs, etc.).
At $110k falls in the 10% pst +5% Gst= 15% Your base option should be more like $127k on the road. Still hard to swallow, i hear you.Again, according to this link, ours does:
Car Sales Tax in Canada 2024: Used, New and Private Car Sales
Learn about the car sales taxes you pay in Canada for used and new cars, and which taxes apply to private sales by province.
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I don’t know when you jumped in and how much you were following. But it wasn’t imaginary. Ineos in their early days leading up to the reservations. Ball parked a number. They said 60k and described all that we knew that would be included. Which made alot of us eager and jump for a reservation. Now years later of waiting it comes in 15k more just starting not even the trailmaster. Understandably things change. Either they unintentionally mislead a lot of people. Or intentionally did it to drive up more attention. We’ll never know but rightfully people are pissed. Also the price of the grenadier in the usa is more expensive than it is in Europe. Other European cars seem to have a more consistent forumula of cost there minus vat and conversion of currency. But the price in the USA is clearly raised after it had came out in the Uk which again felt like another slap. I held out waiting for a long time for a new vehicle cause I based it on information that they said. If I knew it was gonna be over that price I would have just looked else where from the start. So yea it sucks, it’s annoying and frustrating. So understandable that some of their supporters are pissed. One other thing if inflation was a factor or supply costs is a factor and the price went up marginally like the majority of other manufactures that’s one thing and understandable. But the raise in their estimated cost is over 30% that’s just nuts. Jeep, Land Rover, and others have maintained a competitive price increase over the pandemic years. Even when supplies were low.
No question that’s where the money is going and that’s where the persons needs will dictate the value of the vehicle. But the price still makes it luxury again not in the traditional sense. Take for example a porche 911 track version. It’s striped of all its “luxuries” and it’s made to go fast. But it’s still a luxury for someone to own something so expensive, beautiful and fast. Cause people can also just buy a Tesla and go faster. Or mod out a Honda to go way faster. I have also seen work trucks and pick ups be absolutely ridiculously luxurious with cost and seat massagers and refrigerators. It’s okay if you can afford the grenadier and others can’t. But don’t pretend that 90k on a car is not a lot of money for the majority of people which makes it an extravagant purchase and by definition luxurious . Understandably it can be pocket change for you. And we can agree to disagree on that cost to the value of the grenadier.
While this is a real possibility since inflation is not really slowing, I am more concerned about the possibility of Ineos reacting to backlash about the price by compromising in future iterations on the excellent components that have gone into the build thus far.
Plus 20% federal luxury tax on the portion over 100K. So another 2K, which I think is taxed again with the Sales Taxes.
