r8 now or wait?
Author
Discussion

icebite78

Original Poster:

290 posts

243 months

Sunday 23rd October 2011
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Ive been contemplating one for a while now trying to find one as late as poss with all the extras for mid fiftys but would i be doing the right thing in terms of depreciation...yes i know but im not loaded and even if i was i dont fancy losing my shirt on one.They have been stable for a while now but with the impending facelift next year im hearing of dsg, more power from the v8 and new grille and headlights.Will this really hurt future values? where do we see prices of earley v8's ending up?
Maybe a reality check is in order for me by the pistonheads massive!

What do you think? edited to say posted in the audi forum but seems quite in there.

Cemesis

771 posts

191 months

Sunday 23rd October 2011
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I think there's no doubt they will keep going down, its just a question of how fast and for how long.

unpc

2,998 posts

242 months

Sunday 23rd October 2011
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i'd suggest if you want to avoid depreciation I'd look at something else. I can only see down for these for a long time yet. If you want one and don't mind the hit then go for it.

Jw Vw

4,922 posts

192 months

Sunday 23rd October 2011
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unpc said:
i'd suggest if you want to avoid depreciation I'd look at something else. I can only see down for these for a long time yet. If you want one and don't mind the hit then go for it.
This.

Cannot see the prices stabilizing for quite a while yet.

Tallbut Buxomly

12,254 posts

245 months

Sunday 23rd October 2011
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The v8 seems to be a bit more popular than the v10 in certain respects. I dont see them plummeting in value at any point in the near future.

jonah35

3,940 posts

186 months

Sunday 23rd October 2011
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relatively mass produced, average brand for the price, i can only see these dropping and dropping until they get into the high twenties.

i would have thought a gallardo would be far better in terms of residuals or even a V8V for high thirties.

if you want an R8 though go for it but
1. new model next year
2. all cars about to take a kicking

i'd have thought at a rough guess that you could lose £7k per year one for a couple of years.

soad

34,649 posts

205 months

Sunday 23rd October 2011
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I'd wait til new model is out and see how prices stand - can only save some dosh. Depreciation is always painful.

Globs

13,847 posts

260 months

Sunday 23rd October 2011
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soad said:
I'd wait til new model is out and see how prices stand - can only save some dosh. Depreciation is always painful.
But get it now.
Slightly puzzled why the OP needs to ask the question, it's an R8, you can buy it, get it done!

Tallbut Buxomly

12,254 posts

245 months

Monday 24th October 2011
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jonah35 said:
relatively mass produced, average brand for the price, i can only see these dropping and dropping until they get into the high twenties.

i would have thought a gallardo would be far better in terms of residuals or even a V8V for high thirties.

if you want an R8 though go for it but
1. new model next year
2. all cars about to take a kicking

i'd have thought at a rough guess that you could lose £7k per year one for a couple of years.
Cheapest one here on ph is 50k for a 4 yr old 36k miler. Since they were 75-85 new that's 5-8k year largely due to the present financial climate otherwise I suspect the market would be sitting at around 55k cheapest still as it seems to be where they were at the last 6-12 months.

I expect the market to drop marginally across the files. No matter the car it's going to lose value in the next year or two more so than normal.

I don't see them dropping to v8v levels though as the vantage is not the same level of car performance wise.
They are also I expect cheaper to own and run making them a more popular choice thereby keeping values up.

Rich_W

12,548 posts

241 months

Monday 24th October 2011
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Buy now. You could be dead or have a pregnant mistress this time next year!

GetCarter

31,239 posts

308 months

Monday 24th October 2011
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I bought one today. £55k for a 19k mile V8 with £10ks worth of options.

frosted

3,549 posts

206 months

Monday 24th October 2011
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Isn't the gtr a safer bet , 40k would get you a 2009 car with low low miles

elementad

625 posts

179 months

Monday 24th October 2011
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If you wait around for depreciation you'd never make the move.
My advice is, if your hearts set on it then get it, enjoy it and stop looking at auto trader until you decide to sell it again to save yourself depression. You've already said that your looking at nearly new which is the most sensible thing to do.
Go for it!

frosted

3,549 posts

206 months

Monday 24th October 2011
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Isn't the gtr a safer bet , 40k would get you a 2009 car with low low miles

andywaterfall

990 posts

313 months

Monday 24th October 2011
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GetCarter said:
I bought one today. £55k for a 19k mile V8 with £10ks worth of options.
Congrats buddy! Not my old one is it?

k-ink

9,070 posts

208 months

Monday 24th October 2011
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I'd hold fire until new year personally. If anything serious happens to the Euro there will be a lot of cheap motors around...

The Moose

23,676 posts

238 months

Monday 24th October 2011
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The problem with this type of question, as has already been hinted at is that if you spend your life worrying about depreciation, you wouldn't ever buy anything.

That's not to say go and spunk your cash on a spanking car, but I think you need to be happy to work out what you can afford to lose on the car.

Obviously, if you buy a £3k car, it's not as much of a big deal if you lose the whole lot (almost impossible!), but if you buy a £55k car (and keep it for a reasonable period of time), it's not an impossibility to have lost £20k by the time you move it ( + running costs). If you can afford that, then I don't see the issue with buying.

If, on the other hand, you don't think you can stomach that, then don't buy it.

My 2p for what it's worth!

northandy

3,539 posts

250 months

Monday 24th October 2011
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Do it, after seeing and hearing my girlfriends brothers r8 at the weekend id buy one in a heartbeat, what a glorious noise.

You only live once!

GetCarter

31,239 posts

308 months

Tuesday 25th October 2011
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andywaterfall said:
GetCarter said:
I bought one today. £55k for a 19k mile V8 with £10ks worth of options.
Congrats buddy! Not my old one is it?
Andy you old git... your radar is working fast! Not your's no, It's Daytona Grey.

andywaterfall

990 posts

313 months

Tuesday 25th October 2011
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GetCarter said:
andywaterfall said:
GetCarter said:
I bought one today. £55k for a 19k mile V8 with £10ks worth of options.
Congrats buddy! Not my old one is it?
Andy you old git... your radar is working fast! Not your's no, It's Daytona Grey.
So was mine...! Have fun, they're great cars.