AudI R8 - predictions please
Discussion
mac911 said:
I bought on a private sale 2008 20,000 miles V8 for £44k, dealers were selling for £52k in Oct 2017.
Ex demo spec so circa £100,000 when new.
Over the previous year I owned a Ferrari F430 6,000 miles and a limited edition Aston Martin N400 Vantage.
The R8 beats the Aston on quality, insurance and maintenance costs
R8 beats the Ferrari on everyday driving, insurance and maintenance costs.
The R8 will gain in value in the next couple of years in my opinion, ensure full Audi Service History, its half the cost of the other two, and they are still doing product enhancements for no cost to me!
Totally agree, I don't see these cars falling much in value if anything at all. The are a total bargain Ex demo spec so circa £100,000 when new.
Over the previous year I owned a Ferrari F430 6,000 miles and a limited edition Aston Martin N400 Vantage.
The R8 beats the Aston on quality, insurance and maintenance costs
R8 beats the Ferrari on everyday driving, insurance and maintenance costs.
The R8 will gain in value in the next couple of years in my opinion, ensure full Audi Service History, its half the cost of the other two, and they are still doing product enhancements for no cost to me!
So I was planning on treating myself to an F-Type R Coupe this year, achingly beautiful too look at and having driven both the V8 and V6S had even settled on the spec I wanted, V8 naturally given my life long love affair with that particular engine configuration.
However, my lads bought a 6th Gear driving experience for my birthday, driving an R Coupe, and whilst we were there my youngest took out an R8, his dream car. Because it was sat in front of me and my lad exited with a huge grin I also took the opportunity to hoon around in their V10 Plus.
Long story short I collected a 2014 V10 Plus at the end of June, just in time to go down to the FoS in it. It is utterly amazing, I'll be honest I didn't really believe those comments about it being so usable and docile around town, but frankly I could be driving my lads S3. However, as mentioned above plant your right foot on a country lane and there isn't a scalded cat that could live with it. Oh and those brakes, jeez, and yet I averaged 24 mpg to the FoS and back
I'm also amazed at the amount of attention the R8 gets, I'm no shrinking violet, see the decatted Cerbera, but it gets as much if not more attention than the TVR and all of it positive apart from some old biddie who didn't understand the concept of right of way!
Mrs H has been quite accommodating in that her initial stance of 'you can't keep two toys to play with so you'll have to get rid of the Beast (her pet name for the TVR) before you get the R8' has softened somewhat in that I now have a year to decide which one I will keep, a real Sophie's choice. At the moment I'm still in the honeymoon period so a year will be a good test, that said I'm still in the honeymoon period with the Cerbera fifteen years after collecting it! Truth be told I don't have any intention of selling either, I'm not being brave by stating this, it's just SWMBO would rather stick pins in her eyes than spend a minute on a forum so I think I'm safe.
One thing that does puzzle me though is the comments about the exhaust note, I was quite prepared to be completely underwhelmed given the comments and my lack of cats residing under the Cerbera but actually I'm more than happy with it, I quite like the tone and it is reasonably loud, very loud in Sport mode, maybe it is just me and my ageing ears.
It's hard to compare the two cars because they are so very, very different, but if pushed the best I can come up with is that you know with the TVR that every time you take it out it could choose at any time to kill you for no good reason, bizarrely this is one of the reasons I love it so much. With the R8 you feel cossetted and very safe but I can see how easy it would be to take the power and speed for granted and end up killing yourself.
One final thing to add, is that my experience of Audi main dealers in my search for the right R8 was absolutely appalling so much so I was on the point of going back to my local Jaguar dealer who had been brilliant. However, I ended up buying from the Audi main dealer in Slough and they were the polar opposite, they were so helpful and accommodating so much so that I wouldn't buy an Audi from anywhere else even though I live in Norfolk, exemplary customer service and I can't recommend them highly enough.
However, my lads bought a 6th Gear driving experience for my birthday, driving an R Coupe, and whilst we were there my youngest took out an R8, his dream car. Because it was sat in front of me and my lad exited with a huge grin I also took the opportunity to hoon around in their V10 Plus.
Long story short I collected a 2014 V10 Plus at the end of June, just in time to go down to the FoS in it. It is utterly amazing, I'll be honest I didn't really believe those comments about it being so usable and docile around town, but frankly I could be driving my lads S3. However, as mentioned above plant your right foot on a country lane and there isn't a scalded cat that could live with it. Oh and those brakes, jeez, and yet I averaged 24 mpg to the FoS and back
I'm also amazed at the amount of attention the R8 gets, I'm no shrinking violet, see the decatted Cerbera, but it gets as much if not more attention than the TVR and all of it positive apart from some old biddie who didn't understand the concept of right of way!
Mrs H has been quite accommodating in that her initial stance of 'you can't keep two toys to play with so you'll have to get rid of the Beast (her pet name for the TVR) before you get the R8' has softened somewhat in that I now have a year to decide which one I will keep, a real Sophie's choice. At the moment I'm still in the honeymoon period so a year will be a good test, that said I'm still in the honeymoon period with the Cerbera fifteen years after collecting it! Truth be told I don't have any intention of selling either, I'm not being brave by stating this, it's just SWMBO would rather stick pins in her eyes than spend a minute on a forum so I think I'm safe.
One thing that does puzzle me though is the comments about the exhaust note, I was quite prepared to be completely underwhelmed given the comments and my lack of cats residing under the Cerbera but actually I'm more than happy with it, I quite like the tone and it is reasonably loud, very loud in Sport mode, maybe it is just me and my ageing ears.
It's hard to compare the two cars because they are so very, very different, but if pushed the best I can come up with is that you know with the TVR that every time you take it out it could choose at any time to kill you for no good reason, bizarrely this is one of the reasons I love it so much. With the R8 you feel cossetted and very safe but I can see how easy it would be to take the power and speed for granted and end up killing yourself.
One final thing to add, is that my experience of Audi main dealers in my search for the right R8 was absolutely appalling so much so I was on the point of going back to my local Jaguar dealer who had been brilliant. However, I ended up buying from the Audi main dealer in Slough and they were the polar opposite, they were so helpful and accommodating so much so that I wouldn't buy an Audi from anywhere else even though I live in Norfolk, exemplary customer service and I can't recommend them highly enough.
Edited by Humsing on Friday 14th July 21:56
200Plus Club said:
I'm due my first service as an r8 owner later this yr and am tempted to go to RE Performance rather than the local Audi in Sheffield.
I'm not saying audi aren't competent but 99% of the work they carry out is on 2.0 deisels. If you have a good specialist that's used to working on R8 kind of stuff I don't see any reason why not.200Plus Club said:
I'm due my first service as an r8 owner later this yr and am tempted to go to RE Performance rather than the local Audi in Sheffield.
I'd say keep the service done at Audi but get any other work done by RE, or go for a pre service inspection or something? I still thing full Audi Service History is very important. And more so if you're ever considering selling it!
mac911 said:
When you go to book the Audi into the Audi dealership they are very specific on when you can take the R8 in, as they will only let the fully qualified and most experienced technician work on it.
So many would say you would be safe either way, it's just thoughts on full Audi history..
only the dedicated master tech will be allowed to drive it, let alone service itSo many would say you would be safe either way, it's just thoughts on full Audi history..
It's all looking positive then based on other people's experience! Not many Manual Coupe V10's out there though, going to be a waiting game. There is a lovely Sepang Blue one in the Classifieds, then someone went and specced cream leather!
Just been looking at Financing options too, if we think that residuals are going to remain strong, what do you think the chances of doing a second hand PCP kinda deal are with a balloon payment? I won't be keeping it forever, there is a 3 year period here before I look to move onto my next house, so if thats the case and there will be a moderate to no loss, making the monthlies as cheap as possible? Thoughts? Am I chatting utter bobbins?
Just been looking at Financing options too, if we think that residuals are going to remain strong, what do you think the chances of doing a second hand PCP kinda deal are with a balloon payment? I won't be keeping it forever, there is a 3 year period here before I look to move onto my next house, so if thats the case and there will be a moderate to no loss, making the monthlies as cheap as possible? Thoughts? Am I chatting utter bobbins?
Yidwann said:
It's all looking positive then based on other people's experience! Not many Manual Coupe V10's out there though, going to be a waiting game. There is a lovely Sepang Blue one in the Classifieds, then someone went and specced cream leather!
Just been looking at Financing options too, if we think that residuals are going to remain strong, what do you think the chances of doing a second hand PCP kinda deal are with a balloon payment? I won't be keeping it forever, there is a 3 year period here before I look to move onto my next house, so if thats the case and there will be a moderate to no loss, making the monthlies as cheap as possible? Thoughts? Am I chatting utter bobbins?
I waited for 2 months for the perfect manual v10 and ended up settling on a v10 plus s-tronic due to lack of nice manuals (I was looking for black with black interior) the nice ones sell very quick with only the less popular colours hanging about a bit. The s-tronic suits me fine and allows me to keep both hands on the steering wheel! Just been looking at Financing options too, if we think that residuals are going to remain strong, what do you think the chances of doing a second hand PCP kinda deal are with a balloon payment? I won't be keeping it forever, there is a 3 year period here before I look to move onto my next house, so if thats the case and there will be a moderate to no loss, making the monthlies as cheap as possible? Thoughts? Am I chatting utter bobbins?
With regards to not loosing money you will always pay the dealers mark up which you will not get back unless you buying and selling privately. As you are looking to PCP you will need to buy through a dealer so expect to loose about 10k on an early car over 3 years IMHO
Mike Brown said:
There are simply to many TT's around, just my humble
snobre. PCP, you won't be able to do that with anything younger than a 2012 car, and there are hardly any of those around with a manual
even if you do find it, the balloon will still be low, so the monthlies will still be high, albeit you will get it back when you sell
best course of action is a lease purchase with balloon with a specialist lender, and put max deposit so the balance outstanding is equal to the balloon, and so the monthlies effectively are paying the interest, which is never seen again
as said, if buying and selling via dealer, write off £10k there
akadk said:
snob
re. PCP, you won't be able to do that with anything younger than a 2012 car, and there are hardly any of those around with a manual
even if you do find it, the balloon will still be low, so the monthlies will still be high, albeit you will get it back when you sell
best course of action is a lease purchase with balloon with a specialist lender, and put max deposit so the balance outstanding is equal to the balloon, and so the monthlies effectively are paying the interest, which is never seen again
as said, if buying and selling via dealer, write off £10k there
For example of the r8 v10+ only 9 in the UK were manual e.g. 62-64 reg. re. PCP, you won't be able to do that with anything younger than a 2012 car, and there are hardly any of those around with a manual
even if you do find it, the balloon will still be low, so the monthlies will still be high, albeit you will get it back when you sell
best course of action is a lease purchase with balloon with a specialist lender, and put max deposit so the balance outstanding is equal to the balloon, and so the monthlies effectively are paying the interest, which is never seen again
as said, if buying and selling via dealer, write off £10k there
So good luck finding one
Last one I remember being for sale was this one
http://www.top555.co.uk/stock/details/Audi-R8-U332...
That was £92k iirc - super rare.
I purchased a v10 man tailend of last year, couldnt get on with it & moved it on. I either bought it correctly or it went up in value. Came away 1k up which probably covered the tax & fuel.
Personally dont think they'll drop much if any now.
Currently got a 997 targa 4s. Thats jumped up quite considerably which helps with the bath i took two years ago on an E63 Bi
Personally dont think they'll drop much if any now.
Currently got a 997 targa 4s. Thats jumped up quite considerably which helps with the bath i took two years ago on an E63 Bi
RRLover said:
I purchased a v10 man tailend of last year, couldnt get on with it & moved it on. I either bought it correctly or it went up in value. Came away 1k up which probably covered the tax & fuel.
Personally dont think they'll drop much if any now.
Currently got a 997 targa 4s. Thats jumped up quite considerably which helps with the bath i took two years ago on an E63 Bi
out of interest what couldnt you get on with? i'm interested potentially in a V10 perhaps down the line. ive heard the steering isnt as good on the newer cars as my older Gen1. Personally dont think they'll drop much if any now.
Currently got a 997 targa 4s. Thats jumped up quite considerably which helps with the bath i took two years ago on an E63 Bi
I been thinking about R8 V8 values a lot lately and wondering if they have hit their bottom of depreciation curve, I have 35k to spend and I have seen them at this money for a while, I still think they will go down to 30k though and high mileage even a bit lower, buy a manual at that price though and I think you won't lose, I can't really afford for depreciation so I'm probably going to buy Lotus Esprit 😀, I know the reliability is nothing compared to Audi, you have to remember though that R8 V8 was high production and something like 30k + made.
Gassing Station | Supercar General | Top of Page | What's New | My Stuff