AudI R8 - predictions please

[jakesmith]

geopetrolhead said:

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.

I can't see them hitting £30k tbh, the £35k ones are high miles, dodgy Motorhub type garages, crappy wrap jobs, missing history etc. It's still £43k for one you'd want that you wouldn't need £5k spending on it.

[D4VDJ]

jakesmith said:

I can't see them hitting £30k tbh, the £35k ones are high miles, dodgy Motorhub type garages, crappy wrap jobs, missing history etc. It's still £43k for one you'd want that you wouldn't need £5k spending on it.

Totally agree. I looked at a early v8 advertised at a local audi dealership, the car was a dog. Worn interior and tired engine bay etc

[The Surveyor]

D4VDJ said:

jakesmith said:

I can't see them hitting £30k tbh, the £35k ones are high miles, dodgy Motorhub type garages, crappy wrap jobs, missing history etc. It's still £43k for one you'd want that you wouldn't need £5k spending on it.

Totally agree. I looked at a early v8 advertised at a local audi dealership, the car was a dog. Worn interior and tired engine bay etc

Just like most other 10 year-old Audi's then!

I'm not knocking the R8, but because they are so usable as a daily, there will be ones about that have had 10 years of daily use and abuse, and will be showing the usual signs of such.

[RRLover]

200Plus Club said:

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.

Gearbox. Just didnt like the manual. Everything else was fabulous. Mines was a 59.
When i moved it, i nearly, nearly jumped into a 14 Auto, but the deal just didnt suit

[200Plus Club]

The Surveyor said:

D4VDJ said:

jakesmith said:

I can't see them hitting £30k tbh, the £35k ones are high miles, dodgy Motorhub type garages, crappy wrap jobs, missing history etc. It's still £43k for one you'd want that you wouldn't need £5k spending on it.

Totally agree. I looked at a early v8 advertised at a local audi dealership, the car was a dog. Worn interior and tired engine bay etc

Just like most other 10 year-old Audi's then!

I'm not knocking the R8, but because they are so usable as a daily, there will be ones about that have had 10 years of daily use and abuse, and will be showing the usual signs of such.

luckily though there are low mileage and mint cars out there, if you look. i viewed 3 cars, 2 at local dealers, one private. one was a 2008 and had 60k and lots of stonechips, and a "patchy at best" service history, which was £42k. (small local back street dealer)
the 2nd had 40k miles, and was in super condition for its £45k asking price, FASH. eventually i got a private sale car, absolutely stunning condition, which still smells like new inside, and with only 12k on the clock. they are out there, its worth travelling to view/buy.

[sparta6]

The Surveyor said:

Just like most other 10 year-old Audi's then!

I'm not knocking the R8, but because they are so usable as a daily, there will be ones about that have had 10 years of daily use and abuse, and will be showing the usual signs of such.

And this is why there will be plenty of rough examples dropping towards £20K in the next 5 years. They were also produced in quite high numbers.

[jdwoodbury]

I don't see these cars dropping to £30k, lowest on the market is around £36k but your scraping the barrel there. The advantage over the 911 is they were never made in the same volumes so are much rarer on the roads..hence 10yr old cars holding onto value, from when I started looking 2yrs ago V8 manual cars are still the same price today.

My excellent condition 2008 R8 V8 Manual is up for sale (FASH and fully loaded), its at £43k and this is the sort of money you need to pay to get into a cared for car.

JD

[Yidwann]

If only I was ready to move.......

https://www.pistonheads.com/classifieds/used-cars/...

The exact combo's I'd like! Damnit!

[200Plus Club]

and in the best colour too. I love my sepang blue.

[Trev450]

Looks a nice, clean example. They don't give the year or number of owners, but that is of secondary importance imo to the condition and service history. Also somewhat optimistic on the 0 - 62 time.

[scoobyc]

While I like the coupe the best "trick" the spyder can do is lowering the rear glass window while leaving the roof up which allows you to hear the best part of the car (that glorious V10 at 8500rpm) in pretty much any weather and the coupe noise inside the cabin isn't as good because of this imho. I wasn't a convertible person but don't think I could change to a tin top R8 now having sampled it. If I was looking for track times the coupe would win every time but in give and take roads where the journey is more important than the time then the spyder just has more options to please.

Edited by scoobyc on Friday 11th August 20:43

[Dblue]

Followed prices on R8s through the last few years and Gen 1 definitely older V8s are static and have been for at least 2 years now. V10s settling maybe £10k above them.

My car is a silver 2013 V10 plus, which is just brilliant I have to say. Despite only having it since March I've added 7000 miles and most of that is recreational. Its given me the chance to get to know it thoroughly and frankly its a honey.I came close to buying a Plus back when they were new , they do take a big drop in year 1, but ended up in a Gallardo instead despite being seriously impressed in a long test drive.

The Plus was miles better than the GTs I tried at the time too but better late than never. Its hard to find a single thing I don't like about it. Maybe the rather ancient sat nav and the lack of bluetooth streaming compounded by the awkward siting of the aux socket. Small beer really

[akadk]

my 37,000 miles 2008 R8 V8 Manual is available for £42k if anyone is interested

[Radebe]

I'm also selling mine if anybody's in the market. 2008, 28k, manual, white;

https://www.pistonheads.com/classifieds/used-cars/...

[200Plus Club]

Nice cars guys good luck

[Pioneer]

Dblue said:

Followed prices on R8s through the last few years and Gen 1 definitely older V8s are static and have been for at least 2 years now. V10s settling maybe £10k above them.

My car is a silver 2013 V10 plus, which is just brilliant I have to say. Despite only having it since March I've added 7000 miles and most of that is recreational. Its given me the chance to get to know it thoroughly and frankly its a honey.I came close to buying a Plus back when they were new , they do take a big drop in year 1, but ended up in a Gallardo instead despite being seriously impressed in a long test drive.

The Plus was miles better than the GTs I tried at the time too but better late than never. Its hard to find a single thing I don't like about it. Maybe the rather ancient sat nav and the lack of bluetooth streaming compounded by the awkward siting of the aux socket. Small beer really

How do you compare the R8 to the G?

[Dblue]

Pioneer said:

Dblue said:

Followed prices on R8s through the last few years and Gen 1 definitely older V8s are static and have been for at least 2 years now. V10s settling maybe £10k above them.

My car is a silver 2013 V10 plus, which is just brilliant I have to say. Despite only having it since March I've added 7000 miles and most of that is recreational. Its given me the chance to get to know it thoroughly and frankly its a honey.I came close to buying a Plus back when they were new , they do take a big drop in year 1, but ended up in a Gallardo instead despite being seriously impressed in a long test drive.

The Plus was miles better than the GTs I tried at the time too but better late than never. Its hard to find a single thing I don't like about it. Maybe the rather ancient sat nav and the lack of bluetooth streaming compounded by the awkward siting of the aux socket. Small beer really

How do you compare the R8 to the G?

They have much in common of course , engine in my cars was in identical tune (550ps ) and fantastic it is too. Plenty of torque, free revving all the way to 8500rpm and sounds great. The Gallardo is more vocal of course which is definitely better IMO, it's looks are more dramatic ( especially in orange) , it's an all time classic I think though the R8 is comparable.
But the R8 is a much better chassis. More agile, more supple and beautifully damped. Really comes into its own on a B road.
S Tronic is excellent though the manual box in the Gallardo was great

[bordseye]

JasonSF said:

I think cars bottom out at 12 years old. Considering Bentley Conti GTs are occasionally up for £29,995 I think R8 still have a long way to drop. 12 months time, maybe £40k. Only my opinion of course.

What makes you think that? If a 911 can drop to 10k in 20 years why not an R8? Its not such an icon that people will treat it as a high value classic and spend whatever is necessary to keep it pristine. Too many about for that. And too expensive to maintain. Its not a Ferrari even if in purely mechanical terms its as good. Not that the prices of old mass produced Ferraris like 360s make any sense.

[will_]

bordseye said:

JasonSF said:

I think cars bottom out at 12 years old. Considering Bentley Conti GTs are occasionally up for £29,995 I think R8 still have a long way to drop. 12 months time, maybe £40k. Only my opinion of course.

What makes you think that? If a 911 can drop to 10k in 20 years why not an R8? Its not such an icon that people will treat it as a high value classic and spend whatever is necessary to keep it pristine. Too many about for that. And too expensive to maintain. Its not a Ferrari even if in purely mechanical terms its as good. Not that the prices of old mass produced Ferraris like 360s make any sense.

The 911 is far more common than the R8 though and (arguably) less special. The £10k cars are ropey old 996s which may have potentially terminal engine issues, which depresses the price further. The prices for (e.g.) 997 Gen II cars or Turbos have been increasing recently.

The R8 won't increase in value very considerably but the prices have been static for a while now and there is no reason to think that they will suddenly drop (as against other similar cars) unless there is a macro-economic issue which hits the whole sector.

[Yidwann]

will_ said:

The R8 won't increase in value very considerably but the prices have been static for a while now and there is no reason to think that they will suddenly drop (as against other similar cars) unless there is a macro-economic issue which hits the whole sector.

And this is why I am sitting tight for now..... There could be a entire depression again which would make my ambitious attempts to own such a thing, quite a risk. I don't need them to go up, I am not looking for investment, but a big decrease would be hard to swallow!