I8 values in free fall....Why?
Discussion
Trade-in values for the i8 appear to be around only £52K these days which I guess is why there’s a lot of private sellers hoping for a bite around £62K.
I’m doing my man maths at the mo to guesstimate where they will go. I’m hoping they will follow the other German, the Audi R8 model for depreciation which debatably looks blander and appears a more common car by comparison. (but is only marginally more common – on autotrader there are 66 (3 private) cars from 2014 – much the same as i8’s 51). However, you’d think the i8 would be a way slower depreciator (good mpg, no tax, 2+2, rare green moral high ground, etc, etc).
Going by the cheapest available of autotrader website (ignoring catD stuff) the R8 depreciation really starts to slow after the initial collapse during the first 3years, to just losing an incredible 2-4K GBP per annum.
R8 (list £120K) _______ i8 (list £104K)
2015 – £75K___________ £67K
2014 – £66K___________ £62K
2013 - £61K
2012 – £60K
2011 - £55K
2010 – £53K
…..
2007 – £38K
The i8 has 51 cars for sale with double the fraction of private sellers at 12% - dunno what that means? (More people getting stung with the initial price premium excitement and wanting a better deal? Or more people thinking it should be holding its price better – like me!)
What ya reckon are flappy doors too exotic for the UK or is it going to follow the R8?
I’m doing my man maths at the mo to guesstimate where they will go. I’m hoping they will follow the other German, the Audi R8 model for depreciation which debatably looks blander and appears a more common car by comparison. (but is only marginally more common – on autotrader there are 66 (3 private) cars from 2014 – much the same as i8’s 51). However, you’d think the i8 would be a way slower depreciator (good mpg, no tax, 2+2, rare green moral high ground, etc, etc).
Going by the cheapest available of autotrader website (ignoring catD stuff) the R8 depreciation really starts to slow after the initial collapse during the first 3years, to just losing an incredible 2-4K GBP per annum.
R8 (list £120K) _______ i8 (list £104K)
2015 – £75K___________ £67K
2014 – £66K___________ £62K
2013 - £61K
2012 – £60K
2011 - £55K
2010 – £53K
…..
2007 – £38K
The i8 has 51 cars for sale with double the fraction of private sellers at 12% - dunno what that means? (More people getting stung with the initial price premium excitement and wanting a better deal? Or more people thinking it should be holding its price better – like me!)
What ya reckon are flappy doors too exotic for the UK or is it going to follow the R8?
iain123 said:
Trade-in values for the i8 appear to be around only £52K these days which I guess is why there’s a lot of private sellers hoping for a bite around £62K.
I’m doing my man maths at the mo to guesstimate where they will go. I’m hoping they will follow the other German, the Audi R8 model for depreciation which debatably looks blander and appears a more common car by comparison. (but is only marginally more common – on autotrader there are 66 (3 private) cars from 2014 – much the same as i8’s 51). However, you’d think the i8 would be a way slower depreciator (good mpg, no tax, 2+2, rare green moral high ground, etc, etc).
Going by the cheapest available of autotrader website (ignoring catD stuff) the R8 depreciation really starts to slow after the initial collapse during the first 3years, to just losing an incredible 2-4K GBP per annum.
R8 (list £120K) _______ i8 (list £104K)
2015 – £75K___________ £67K
2014 – £66K___________ £62K
2013 - £61K
2012 – £60K
2011 - £55K
2010 – £53K
…..
2007 – £38K
The i8 has 51 cars for sale with double the fraction of private sellers at 12% - dunno what that means? (More people getting stung with the initial price premium excitement and wanting a better deal? Or more people thinking it should be holding its price better – like me!)
What ya reckon are flappy doors too exotic for the UK or is it going to follow the R8?
I’m doing my man maths at the mo to guesstimate where they will go. I’m hoping they will follow the other German, the Audi R8 model for depreciation which debatably looks blander and appears a more common car by comparison. (but is only marginally more common – on autotrader there are 66 (3 private) cars from 2014 – much the same as i8’s 51). However, you’d think the i8 would be a way slower depreciator (good mpg, no tax, 2+2, rare green moral high ground, etc, etc).
Going by the cheapest available of autotrader website (ignoring catD stuff) the R8 depreciation really starts to slow after the initial collapse during the first 3years, to just losing an incredible 2-4K GBP per annum.
R8 (list £120K) _______ i8 (list £104K)
2015 – £75K___________ £67K
2014 – £66K___________ £62K
2013 - £61K
2012 – £60K
2011 - £55K
2010 – £53K
…..
2007 – £38K
The i8 has 51 cars for sale with double the fraction of private sellers at 12% - dunno what that means? (More people getting stung with the initial price premium excitement and wanting a better deal? Or more people thinking it should be holding its price better – like me!)
What ya reckon are flappy doors too exotic for the UK or is it going to follow the R8?
The cheapest R8 V10 on AT is £58k, and that's for a seven year old car.
Doesn't seem too shabby.
iain123 said:
Trade-in values for the i8 appear to be around only £52K these days which I guess is why there’s a lot of private sellers hoping for a bite around £62K.
I’m doing my man maths at the mo to guesstimate where they will go. I’m hoping they will follow the other German, the Audi R8 model for depreciation which debatably looks blander and appears a more common car by comparison. (but is only marginally more common – on autotrader there are 66 (3 private) cars from 2014 – much the same as i8’s 51). However, you’d think the i8 would be a way slower depreciator (good mpg, no tax, 2+2, rare green moral high ground, etc, etc).
Going by the cheapest available of autotrader website (ignoring catD stuff) the R8 depreciation really starts to slow after the initial collapse during the first 3years, to just losing an incredible 2-4K GBP per annum.
R8 (list £120K) _______ i8 (list £104K)
2015 – £75K___________ £67K
2014 – £66K___________ £62K
2013 - £61K
2012 – £60K
2011 - £55K
2010 – £53K
…..
2007 – £38K
The i8 has 51 cars for sale with double the fraction of private sellers at 12% - dunno what that means? (More people getting stung with the initial price premium excitement and wanting a better deal? Or more people thinking it should be holding its price better – like me!)
What ya reckon are flappy doors too exotic for the UK or is it going to follow the R8?
But the £120k list you quote is for an R8 v10, and thh £75k cars are v8s. Cheapest 2015 V10 is £117k.I’m doing my man maths at the mo to guesstimate where they will go. I’m hoping they will follow the other German, the Audi R8 model for depreciation which debatably looks blander and appears a more common car by comparison. (but is only marginally more common – on autotrader there are 66 (3 private) cars from 2014 – much the same as i8’s 51). However, you’d think the i8 would be a way slower depreciator (good mpg, no tax, 2+2, rare green moral high ground, etc, etc).
Going by the cheapest available of autotrader website (ignoring catD stuff) the R8 depreciation really starts to slow after the initial collapse during the first 3years, to just losing an incredible 2-4K GBP per annum.
R8 (list £120K) _______ i8 (list £104K)
2015 – £75K___________ £67K
2014 – £66K___________ £62K
2013 - £61K
2012 – £60K
2011 - £55K
2010 – £53K
…..
2007 – £38K
The i8 has 51 cars for sale with double the fraction of private sellers at 12% - dunno what that means? (More people getting stung with the initial price premium excitement and wanting a better deal? Or more people thinking it should be holding its price better – like me!)
What ya reckon are flappy doors too exotic for the UK or is it going to follow the R8?
i8 is falling because used buyers wary of the battery tech IMO.
People worry about rms failures on Porsches and other bore scoring. They still buy the cars after a generation of chocolate engines.
The i8 has issues like fuel tank sensors or windscreen cracks. Batteries is not one of them. It's all about perceptions. Sometimes solely founded on internet / forum 'truths'.
I am on my 2nd i8 after years of porsches, astons etc. Best car i ever owned by a country mile.
It is an absolutely superb car built around a carbon fibre tube. Extremely useable with tiny running cost and no Tesla-battery anxiety.
People will wake up to it.
The i8 has issues like fuel tank sensors or windscreen cracks. Batteries is not one of them. It's all about perceptions. Sometimes solely founded on internet / forum 'truths'.
I am on my 2nd i8 after years of porsches, astons etc. Best car i ever owned by a country mile.
It is an absolutely superb car built around a carbon fibre tube. Extremely useable with tiny running cost and no Tesla-battery anxiety.
People will wake up to it.
I totally agree......the i8 is also the best car i have owned to date and have also had Porsche,Mercedes,Audi,and Jaguar.In my opinion its a very underestimated car....its a car that takes a few weeks to get accustomed to.....but once you gel with it,it does everything i need from a car superbly with the additional great mpg
With the initial hype over, is it just A. N. Other expensive German coupe that isn't a Porsche, and is therefore suffering the same depreciation fate?
Original 8-Series
R8
Mercedes CLs
...etc?
Not that ANY of them are less than wonderful cars of course, it's just, well...markets and perceptions?
Original 8-Series
R8
Mercedes CLs
...etc?
Not that ANY of them are less than wonderful cars of course, it's just, well...markets and perceptions?
bertie said:
How long is the battery lifespan and how much is replacement?
The battery has a full 8 year guarantee on it so I'd like to think it will last far longer than that.The battery is tiny compared to the one in the all-electric Tesla's so I can't imagine the replacement cost will be too bad.
The petrol engine is based on the mini so that should last ok.
They should go on and on hopefully.
wilwak said:
bertie said:
How long is the battery lifespan and how much is replacement?
The battery has a full 8 year guarantee on it so I'd like to think it will last far longer than that.The battery is tiny compared to the one in the all-electric Tesla's so I can't imagine the replacement cost will be too bad.
The petrol engine is based on the mini so that should last ok.
They should go on and on hopefully.
Given it's a long life consumable, you'd have to factor that into the car value when they're getting towards the 8 year old time surely?
bertie said:
Just looked, $14k for the replacement battery, plus fitting.
Given it's a long life consumable, you'd have to factor that into the car value when they're getting towards the 8 year old time surely?
Google for Toyota Prius battery replacement specialists. You won't find many, because it has proven to be a non-issue over the 12 years and many hundreds of thousands of miles people have covered in the Mk2 and later Prius. (ie. since they hit the mass-market).Given it's a long life consumable, you'd have to factor that into the car value when they're getting towards the 8 year old time surely?
Trabi601 said:
bertie said:
Just looked, $14k for the replacement battery, plus fitting.
Given it's a long life consumable, you'd have to factor that into the car value when they're getting towards the 8 year old time surely?
Google for Toyota Prius battery replacement specialists. You won't find many, because it has proven to be a non-issue over the 12 years and many hundreds of thousands of miles people have covered in the Mk2 and later Prius. (ie. since they hit the mass-market).Given it's a long life consumable, you'd have to factor that into the car value when they're getting towards the 8 year old time surely?
Trabi601 said:
bertie said:
Just looked, $14k for the replacement battery, plus fitting.
Given it's a long life consumable, you'd have to factor that into the car value when they're getting towards the 8 year old time surely?
Google for Toyota Prius battery replacement specialists. You won't find many, because it has proven to be a non-issue over the 12 years and many hundreds of thousands of miles people have covered in the Mk2 and later Prius. (ie. since they hit the mass-market).Given it's a long life consumable, you'd have to factor that into the car value when they're getting towards the 8 year old time surely?
erics said:
People worry about rms failures on Porsches and other bore scoring. They still buy the cars after a generation of chocolate engines.
The i8 has issues like fuel tank sensors or windscreen cracks. Batteries is not one of them. It's all about perceptions. Sometimes solely founded on internet / forum 'truths'.
I am on my 2nd i8 after years of porsches, astons etc. Best car i ever owned by a country mile.
It is an absolutely superb car built around a carbon fibre tube. Extremely useable with tiny running cost and no Tesla-battery anxiety.
People will wake up to it.
The problem with EVs is very few people want them. The i8 has issues like fuel tank sensors or windscreen cracks. Batteries is not one of them. It's all about perceptions. Sometimes solely founded on internet / forum 'truths'.
I am on my 2nd i8 after years of porsches, astons etc. Best car i ever owned by a country mile.
It is an absolutely superb car built around a carbon fibre tube. Extremely useable with tiny running cost and no Tesla-battery anxiety.
People will wake up to it.
MarshPhantom said:
The problem with EVs is very few people want them.
at the moment.5 years ago I never considered one. 3 years ago I had a quick (sic) drive of a Tesla MS. 1 year ago I ordered an i8.
Times do change. 20 years ago no petrolhead wanted a diesel; smelly, slow & unrefined. (although that trend might have gone full circle)
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