Pennock's Fiero Forum
  Totally O/T - Archive
  Why are two seaters so expensive?

T H I S   I S   A N   A R C H I V E D   T O P I C
  

Email This Page to Someone! | Printable Version


Why are two seaters so expensive? by DustoneGT
Started on: 12-24-2008 06:13 AM
Replies: 15
Last post by: 2.5 on 12-24-2008 01:31 PM
DustoneGT
Member
Posts: 1274
From: The U.S. Superstate
Registered: Dec 2002


Feedback score: N/A
Leave feedback





Total ratings: 51
Rate this member

Report this Post12-24-2008 06:13 AM Click Here to See the Profile for DustoneGTSend a Private Message to DustoneGTDirect Link to This Post
While planning my Ecotec swap, I got to thinking about the other two-seater cars out there. The most similar car to what I plan in the end would be the Opel Speedster/Vauxhall VX220.

The Speedster came with a 2.2L Ecotec motor and Getrag F23 transmission, the same as a Chevy Cavalier or Cobalt. Production ended in 2005.

The Pontiac Solstice eventually replaced the Speedster in that category of car, rebadged as the Opel GT. The solstice has a 2.4L Ecotec, also available in the Chevy Cobalt SS. It shares parts from as many other GM cars as possible, even using the backup lights from an SUV.

Chevy Cobalt: Base models are around $13-15k, SS in the upper teens.

In 2005, the Speedster went for around 32,000 euros, that's about $45,000!

Currently the Pontiac Solstice sells for $22,455 - $28,135.

What I don't get is why they can't make a $15,000 mid-engined two seater car. They could use the same motor and transmission as the Cobalt, and offer higher packages with the 2.4L Ecotec as an SS option and the 260hp LNF as an SS turbo model. The top model would probably sell for $23-25k fully optioned.

I don't see any reason why it costs them more than the econoboxes to make two-seater cars. Does limited production really make that huge of a difference, especially with shared parts!

A new Fiero could get more than 45 miles per gallon if made light enough and be super safe. I had a 2004 Cavalier that got 37 mpg and Fosgatecavy98 swapped an Ecotec into his Fiero and got 47 mpg without using skinny tires. An aluminum space-frame would make it super light while certainly being safer than a Toyota Yaris or Chevy Aveo Coke can car while using less gas.

If priced right, a small, economical two-seater would sell very well. College students and commuters would buy them to save on gas while still looking cool. Even some parents of high schoolers would buy their kids some...I have seen parents plop almost 20 grand for a Civic or Cobalt for their kid to drive into a tree next week.

I guess I'll end my rant by saying that this is the very reason Detroit is in trouble. Car prices kept going up and up while the nicer models disappeared. Of the Big Three, Ford is in the least trouble right now and they kept making the Mustang. I don't think this is a coincidence, when there is a nicer upper model, more of the lower models will sell. If a car brand doesn't have a youthful feel to it, no youth will buy the car brand from now on.

I say we should have let 'em liquidate. Somebody else will buy the factories and run better companies and employ more people than the current bad crop of automakers.
IP: Logged
PFF
System Bot
2.5
Member
Posts: 43235
From: Southern MN
Registered: May 2007


Feedback score: (1)
Leave feedback





Total ratings: 184
Rate this member

Report this Post12-24-2008 08:22 AM Click Here to See the Profile for 2.5Send a Private Message to 2.5Direct Link to This Post
2 seaters = sporty = no kids = more cash.

Thats their liogic.
IP: Logged
lou_dias
Member
Posts: 5390
From: Warwick, RI
Registered: Jun 2000


Feedback score: (3)
Leave feedback





Total ratings: 66
Rate this member

Report this Post12-24-2008 09:06 AM Click Here to See the Profile for lou_diasSend a Private Message to lou_diasDirect Link to This Post
2 seaters = less usefulness = less sales = higher production costs
IP: Logged
Old Lar
Member
Posts: 13798
From: Palm Bay, Florida
Registered: Nov 1999


Feedback score: N/A
Leave feedback





Total ratings: 214
Rate this member

Report this Post12-24-2008 09:21 AM Click Here to See the Profile for Old LarSend a Private Message to Old LarDirect Link to This Post
The need to sell any basic car for $20K+ for profit. Limited marketability for a two seater, means limited production.
IP: Logged
DRA
Member
Posts: 4543
From: Martinez, Ga, USA
Registered: Oct 1999


Feedback score: (2)
Leave feedback





Total ratings: 96
Rate this member

Report this Post12-24-2008 09:22 AM Click Here to See the Profile for DRAClick Here to visit DRA's HomePageSend a Private Message to DRADirect Link to This Post
 
quote
Originally posted by lou_dias:

2 seaters = less usefulness = less sales = higher production costs


Exactly, it's a niche or specialty vehicle, not high volume,

------------------
Dealing with failure is easy: work hard to improve. Success is also easy to handle: you've solved the wrong problem, work hard to improve.

IP: Logged
Wht&BluGT
Member
Posts: 1175
From: Waterford, MI
Registered: Jan 2005


Feedback score: N/A
Leave feedback

Rate this member

Report this Post12-24-2008 09:28 AM Click Here to See the Profile for Wht&BluGTSend a Private Message to Wht&BluGTDirect Link to This Post
One reason the Opel Speedster is/was so expensive, it is based on the Lotus Elise/Exige.
IP: Logged
2.5
Member
Posts: 43235
From: Southern MN
Registered: May 2007


Feedback score: (1)
Leave feedback





Total ratings: 184
Rate this member

Report this Post12-24-2008 09:56 AM Click Here to See the Profile for 2.5Send a Private Message to 2.5Direct Link to This Post
Couldn't pay for the dies they cast the plastic in then huh?
IP: Logged
heybjorn
Member
Posts: 10079
From: pace fl
Registered: Apr 2007


Feedback score: N/A
Leave feedback





Total ratings: 97
Rate this member

Report this Post12-24-2008 10:08 AM Click Here to See the Profile for heybjornSend a Private Message to heybjornDirect Link to This Post
I think 2.5 and DRA have the best answer. these are specialty vehicles, so companies can charge more. Like a Rolex vs. a digital Timex.
IP: Logged
DRA
Member
Posts: 4543
From: Martinez, Ga, USA
Registered: Oct 1999


Feedback score: (2)
Leave feedback





Total ratings: 96
Rate this member

Report this Post12-24-2008 10:33 AM Click Here to See the Profile for DRAClick Here to visit DRA's HomePageSend a Private Message to DRADirect Link to This Post
 
quote
Originally posted by heybjorn:

I think 2.5 and DRA have the best answer. these are specialty vehicles, so companies can charge more. Like a Rolex vs. a digital Timex.


In a lot of cases they have no choice but to charge more, the expense of tooling and setting up production for a limited run has to be recouped.
The Fiero may well be one of the exceptions in that it used an enormous amount of "off the shelf" GM parts and was marketed as a sporty economy comuter car. I paid right at $9000 for my first Fiero in 1984, this was a very competative price and within the first time new car buyers budget.
The new Thunder Bird shares a lot of parts with other Ford products, but it also has a lot of special sheet metal where the Fiero had unique but fairly inexpensive body panels.
The Miata is another fairly inexpensive two seater.

But a true mid-engine performance two seater is not gonna be a big seller, therefore limited production, therefore less volume to recoup that initial investment in tooling and production facility. What may look like a higher markup to the consumer may just be the manufacturer trying to break even on their initial costs.
IP: Logged
maryjane
Member
Posts: 70122
From: Copperas Cove Texas
Registered: Apr 2001


Feedback score: (4)
Leave feedback





Total ratings: 436
Rate this member

Report this Post12-24-2008 10:51 AM Click Here to See the Profile for maryjaneSend a Private Message to maryjaneDirect Link to This Post
As stated before, for any production run, the 1st item off the line is the most expensive. On a run of anything, the costs per item decreases inversely with the total # produced and sold. Of course, they don't charge way way more for the 1st one off the line, and then much, much less for the last one---they average the costs over what they expect the total sale to be. Averaging the costs on a 90,000 unit/year run will be much less per item than if it were only a 10,000 unit per year run.

A one off is the most expensive item you can produce. Producing millions of the same item = a much cheaper to purchase item. Applies to beans, bombs, bullets, cars and everything else.
IP: Logged
2.5
Member
Posts: 43235
From: Southern MN
Registered: May 2007


Feedback score: (1)
Leave feedback





Total ratings: 184
Rate this member

Report this Post12-24-2008 10:57 AM Click Here to See the Profile for 2.5Send a Private Message to 2.5Direct Link to This Post
Best thing you can do is buy it from the guy who bought it new, then realized it wasn't for them. If you can find that deal it can be sweet.
IP: Logged
PFF
System Bot
fierosound
Member
Posts: 15253
From: Calgary, Canada
Registered: Nov 1999


Feedback score: N/A
Leave feedback





Total ratings: 286
Rate this member

Report this Post12-24-2008 11:32 AM Click Here to See the Profile for fierosoundClick Here to visit fierosound's HomePageSend a Private Message to fierosoundDirect Link to This Post
 
quote
Originally posted by maryjane:

---they average the costs over what they expect the total sale to be. Averaging the costs on a 90,000 unit/year run will be much less per item than if it were only a 10,000 unit per year run.



You also have to keep in mind that with some models production is often limited in order to KEEP the prices high and add that "rare, limited numbers" prestige. It's the "sell less for more" (money) philosophy.
------------------

3.4L S/C 87 GT www.fierosound.com
2002/2003/2004 World of Wheels Winner &
Multiple IASCA Stereo Award Winner
My SD4 Indy www.fiero.nl/forum/Forum2/HTML/096075.html

[This message has been edited by fierosound (edited 12-24-2008).]

IP: Logged
User00013170
Member
Posts: 33617
From:
Registered: May 2006


Feedback score: N/A
Leave feedback





Total ratings: 224
User on Probation

Report this Post12-24-2008 11:42 AM Click Here to See the Profile for User00013170Send a Private Message to User00013170Direct Link to This Post
 
quote
Originally posted by DRA:


In a lot of cases they have no choice but to charge more, the expense of tooling and setting up production for a limited run has to be recouped.
The Fiero may well be one of the exceptions in that it used an enormous amount of "off the shelf" GM parts and was marketed as a sporty economy comuter car. I paid right at $9000 for my first Fiero in 1984, this was a very competative price and within the first time new car buyers budget.
The new Thunder Bird shares a lot of parts with other Ford products, but it also has a lot of special sheet metal where the Fiero had unique but fairly inexpensive body panels.
The Miata is another fairly inexpensive two seater.

But a true mid-engine performance two seater is not gonna be a big seller, therefore limited production, therefore less volume to recoup that initial investment in tooling and production facility. What may look like a higher markup to the consumer may just be the manufacturer trying to break even on their initial costs.


I think the miata is cheaper since they sell so damned many of them. ( at least around here ). They are less of a niche market then most "2 seaters".

[This message has been edited by User00013170 (edited 12-24-2008).]

IP: Logged
USFiero
Member
Posts: 4879
From: Everywhere and Middle of Nowhere
Registered: Mar 2002


Feedback score: N/A
Leave feedback





Total ratings: 109
Rate this member

Report this Post12-24-2008 12:28 PM Click Here to See the Profile for USFieroSend a Private Message to USFieroDirect Link to This Post
If materials and labor were cheap enuf they could be had for very little. Development would take the most initial investment, but beyond that it's just the profit vs cost thing. Would we want to buy Fieros made in China or India?
Pontiac tried some of this cost cutting when the Fiero was built. Chinese cast connecting rods in the duke=high failure rate=engine fires=unfunny reputation.
The brilliant part was using existing GM parts to create a totally new vehicle. Rubber cradle bushings weren't all that smart, but I'm sure it was all part of the budget thing.
The Miata has sustained itself by continuing to be an inexpensively built image car. After that, you are looking at the Solstice or something like that. the Chrysler convertible 2 seater went buh bye, and I'm not sure the Caddy two seater or Vette is truly profitable. I hear them referred to as models that define the brand, not the most profitable/popular. Lustworthy, yes. Monemakers, maybe not in spite of the price.
IP: Logged
ckfiero
Member
Posts: 305
From: New Orleans LA
Registered: Sep 2008


Feedback score: N/A
Leave feedback

Rate this member

Report this Post12-24-2008 12:33 PM Click Here to See the Profile for ckfieroSend a Private Message to ckfieroDirect Link to This Post
If I recall correctly, using the sales to date, and what is expected/projected to happen through the end of the production run based on that performance, GM stands to lose about $3-to-5000 on each solstice/sky sold throughout the life of the platform. That's not union legacy cost hype, thats just production/tooling/assembly costs because the R&D and Tooling costs were so high...
IP: Logged
2.5
Member
Posts: 43235
From: Southern MN
Registered: May 2007


Feedback score: (1)
Leave feedback





Total ratings: 184
Rate this member

Report this Post12-24-2008 01:31 PM Click Here to See the Profile for 2.5Send a Private Message to 2.5Direct Link to This Post
Wonder how much they lost by not even producing the concept Fiero?
IP: Logged



All times are ET (US)

T H I S   I S   A N   A R C H I V E D   T O P I C
  

Contact Us | Back To Main Page

Advertizing on PFF | Fiero Parts Vendors
PFF Merchandise | Fiero Gallery
Real-Time Chat | Fiero Related Auctions on eBay



Copyright (c) 1999, C. Pennock