Corvette C8 or R8 V10 ?
Discussion
Trev450 said:
The issue here is that the auto boxes in the likes of the 360 are old tech now and if you've become accustomed to modern versions such as the PDK, DSG, etc, then they are going to feel even more outdated. Whereas a manual box is, erm, a manual box.
They were horrid when they were new too! Parallel parking on any sort of an incline is accompanied by lovely smell of burning clutch. Like you say the Maserati version, the Aston version the Fiat/Alfa selespeed, all pretty nastyblueg33 said:
Trev450 said:
The issue here is that the auto boxes in the likes of the 360 are old tech now and if you've become accustomed to modern versions such as the PDK, DSG, etc, then they are going to feel even more outdated. Whereas a manual box is, erm, a manual box.
They were horrid when they were new too! Parallel parking on any sort of an incline is accompanied by lovely smell of burning clutch. Like you say the Maserati version, the Aston version the Fiat/Alfa selespeed, all pretty nasty
They were better when pressing on but trying to drive smoothly or not be sick in traffic was difficult
I think this next question from me is more for a finance thread, but say if you comfortably had the money in the bank, is it generally 'better', 'safer', more financially sound...to buy a £50k car outright, or to finance it over a few years?
I know for a NEW car purchase whereby depreciation over the first few years is severe, the answer would always be to lease the car, then hand it back.
But for 2nd hand cars which have seen the bulk of depreciation, is there an obvious winner over buying the car outright in one transaction, or to buy the car by form of certain percentage deposit and the rest being a loan/finance term repayment?
I know for a NEW car purchase whereby depreciation over the first few years is severe, the answer would always be to lease the car, then hand it back.
But for 2nd hand cars which have seen the bulk of depreciation, is there an obvious winner over buying the car outright in one transaction, or to buy the car by form of certain percentage deposit and the rest being a loan/finance term repayment?
For me its all about ROI. If the return I'm getting on my investments is greater than the cost of borrowing the funds, then clearly the loan route is the obvious choice. If the money borrowed exceeds the ROI you're getting on your own funds and you can afford to spend it, then that has to be the viable option.
Trev450 said:
For me its all about ROI. If the return I'm getting on my investments is greater than the cost of borrowing the funds, then clearly the loan route is the obvious choice. If the money borrowed exceeds the ROI you're getting on your own funds and you can afford to spend it, then that has to be the viable option.
ROI involves a crystal ball to see the future 
Was hoping there may be a magic formula, or a "tipping point" whereby one route is seen as the default '"no brainer" option.
May sound like a strange question, but I've never bought a car on any type of finance, always bought with cash or bank transfer, the full amount.
But this has always been on 2nd hand car values below £25k.
Spending £50k is kind of making me feel a bit itchy, having no 1st hand experience of the finance option in which to make a direct comparison in terms of risk (and sanity of course)
For me, it's cash only. I'm sure there are financial reasons for not doing it that way - but if I suddenly found myself out of a job tomorrow I'd want my monthly outgoings to be as small as possible.
I am aware that I could liquidate the investments I still had because I financed the car etc. etc. - but I still wouldn't feel comfortable with the increased outgoings.
Not to mention the fact that my car probably craps value faster than I could pay it off with finance anyway.
I am aware that I could liquidate the investments I still had because I financed the car etc. etc. - but I still wouldn't feel comfortable with the increased outgoings.
Not to mention the fact that my car probably craps value faster than I could pay it off with finance anyway.
I listen to all the Brexit talk and how Supercars have peaked and are now taking a dip etc. I agree re prices have definitely reduced but I will still stick with my crystal ball forecast that a manual MK1 Audi R8 V10 with low mileage in good condition will be one of the safest places to invest your cash. A naturally aspirated V10 manual transmission will soon be a thing of the past and that alone gives it classic status. Time will tell but when cars are all electric autos the sound of that engine and feel of that 6 speed box will be much saught after so nows actually a great time to buy one!
That is a strong point.
But there are so many different angles you can look at it.
If for example a labour government got to power and their mission to wage war on the motorist takes full effect, they have proposals to remove 30% of cars from the road. Depending on how they'd go about this it could have huge impacts on car ownership choices and the simple affordability of car ownership in the first place. The market would likely crash as older cars could be banned from public roads. (We are seeing already with left/green leaning councils that they are banning cars from town centres and even proposals to ban them from tourist hotspots etc. - the progression of this is to ban vehicles on more and more stretches of roads or what they would likely deem 'environmentally sensitive' areas).
On a brighter note Corbyn will never take power, and if interest rates stay minimal, this means leasing will continue to be strong which forces up new car prices and tugs along the 2nd hand price market with it.
One question about the future of an Audi R8 V10 manual - everything considered, would the sheer number of production models be that they will struggle to retain value, or I am worrying too much?
(I plan to keep hold of the car for a good few years. I'm in my late 30's now, so hoping to keep hold of it for at least 10 years - or until the C8 is something I just can't ignore)
But there are so many different angles you can look at it.
If for example a labour government got to power and their mission to wage war on the motorist takes full effect, they have proposals to remove 30% of cars from the road. Depending on how they'd go about this it could have huge impacts on car ownership choices and the simple affordability of car ownership in the first place. The market would likely crash as older cars could be banned from public roads. (We are seeing already with left/green leaning councils that they are banning cars from town centres and even proposals to ban them from tourist hotspots etc. - the progression of this is to ban vehicles on more and more stretches of roads or what they would likely deem 'environmentally sensitive' areas).
On a brighter note Corbyn will never take power, and if interest rates stay minimal, this means leasing will continue to be strong which forces up new car prices and tugs along the 2nd hand price market with it.
One question about the future of an Audi R8 V10 manual - everything considered, would the sheer number of production models be that they will struggle to retain value, or I am worrying too much?
(I plan to keep hold of the car for a good few years. I'm in my late 30's now, so hoping to keep hold of it for at least 10 years - or until the C8 is something I just can't ignore)
ZeroGroundZero said:
I think this next question from me is more for a finance thread, but say if you comfortably had the money in the bank, is it generally 'better', 'safer', more financially sound...to buy a £50k car outright, or to finance it over a few years?
I know for a NEW car purchase whereby depreciation over the first few years is severe, the answer would always be to lease the car, then hand it back.
But for 2nd hand cars which have seen the bulk of depreciation, is there an obvious winner over buying the car outright in one transaction, or to buy the car by form of certain percentage deposit and the rest being a loan/finance term repayment?
I am on my second Lotus Evora, they have both done well in terms of depreciation. I put 50k miles on the first one in 2 years and lost about £4k in depreciation, I have put about 20k miles in 3 years on the second and its still worth more or less what I paid.I know for a NEW car purchase whereby depreciation over the first few years is severe, the answer would always be to lease the car, then hand it back.
But for 2nd hand cars which have seen the bulk of depreciation, is there an obvious winner over buying the car outright in one transaction, or to buy the car by form of certain percentage deposit and the rest being a loan/finance term repayment?
ZeroGroundZero said:
One question about the future of an Audi R8 V10 manual - everything considered, would the sheer number of production models be that they will struggle to retain value, or I am worrying too much?
It's never going to hold it's value like a sc. If this is on your mind, you won't enjoy owning the car as much. You'll be thinking about depreciation and running costs instead. It won't be too long before these are just old sports car with a nice soundtrack. And that soundtrack won't appeal to the next gen. of car buyers. Older buyers like myself will have fond memories of a V10 screeching out behind you but they'll seem very dated and expensive to run compared to the latest ev from Audi.Pioneer said:
ZeroGroundZero said:
One question about the future of an Audi R8 V10 manual - everything considered, would the sheer number of production models be that they will struggle to retain value, or I am worrying too much?
It's never going to hold it's value like a sc. If this is on your mind, you won't enjoy owning the car as much. You'll be thinking about depreciation and running costs instead. It won't be too long before these are just old sports car with a nice soundtrack. And that soundtrack won't appeal to the next gen. of car buyers. Older buyers like myself will have fond memories of a V10 screeching out behind you but they'll seem very dated and expensive to run compared to the latest ev from Audi.Assume the car will be worthless from the point you buy it. It almost certainly won't be - but it's very hard to predict depreciation, and with the whole EV thing and Greta the Great - it's anybody's guess these days. Just buy it and enjoy it.
blueg33 said:
I am on my second Lotus Evora, they have both done well in terms of depreciation. I put 50k miles on the first one in 2 years and lost about £4k in depreciation, I have put about 20k miles in 3 years on the second and its still worth more or less what I paid.
Would you mind sharing specifically which variant of Evora has performed like this? Been keeping half an eye on these, in particular GT410 Sport.Superleg48 said:
blueg33 said:
I am on my second Lotus Evora, they have both done well in terms of depreciation. I put 50k miles on the first one in 2 years and lost about £4k in depreciation, I have put about 20k miles in 3 years on the second and its still worth more or less what I paid.
Would you mind sharing specifically which variant of Evora has performed like this? Been keeping half an eye on these, in particular GT410 Sport.Super charged Sports Racers £38-42k
Pre 2012 cars circa £28 for n/a and £33 for S
400's £50-56k
The Lotus Forums has a thread called market watch
In terms of my car, I have been offered what I paid. I get at least one unsolicited offer every couple of months.
blueg33 said:
I have a 2014 S Sports Racer in the rather rare and many say lovely Daytona Blue. The colour helps. I think the GT410 probably has some depreciation to do. Evoras seem to have levels that they rarely go below eg
Super charged Sports Racers £38-42k
Pre 2012 cars circa £28 for n/a and £33 for S
400's £50-56k
The Lotus Forums has a thread called market watch
In terms of my car, I have been offered what I paid. I get at least one unsolicited offer every couple of months.
Thank you. That is an outstanding colour and really suits the car. Super charged Sports Racers £38-42k
Pre 2012 cars circa £28 for n/a and £33 for S
400's £50-56k
The Lotus Forums has a thread called market watch
In terms of my car, I have been offered what I paid. I get at least one unsolicited offer every couple of months.
vanman1936 said:
Lovely looking lotus, i hear they are hard to sell on....doesn’t sound like your experience?
The market is smaller than say for a Porsche mainly because Lotus marketing is crap and people don’t know much about them. There are a few in unusual colours like mine and they seem to sell ok. But any niche sports car can be slow to sell. ZeroGroundZero said:
........... so hoping to keep hold of it for at least 10 years - or until the C8 is something I just can't ignore)
but in 10 years the C8 will have been superceded by the C9, and then C10 (no doubt electric powered) which will make the C8 just an old out -dated Corvette Gassing Station | Supercar General | Top of Page | What's New | My Stuff