R8 prices falling?
#1
R8 prices falling?
I've noticed a number of below average prices for R8's hitting the market. A couple of 2009 4.2's for under $100k, a 2010 4.2 for $114k, and a 2010 5.2 for $129k. A trend?
#2
Something is up. Not long ago, the dealer here couldn't keep an R8 for a week. Now, he has one pre-owned and six new ones on the lot!
Not sure if the market is saturated or if people are waiting due to the rumors of a DSG version.
Not sure if the market is saturated or if people are waiting due to the rumors of a DSG version.
#4
I traded my Audi TTS for a Porsche Cayman, but the R8 is my dream car. If I had the financial means, the R8 would be the first car I'd look at. However, I'd never consider a DSG in a sports car. But that's just me.
#6
I'm a bit astonished at the surprise that R8 prices have declined. ALL auto prices go down unless it's a limited run like the Ford GT. However what I have seen is that R8 prices have declined equal to or less than its peer group of Porsche and Lamborghini. I have a 5.2 and don't plan on selling, so price is not relevant. If you're a potential buyer, take advantage of any deals you see because it's a great car.
#7
I'm a bit astonished at the surprise that R8 prices have declined. ALL auto prices go down unless it's a limited run like the Ford GT. However what I have seen is that R8 prices have declined equal to or less than its peer group of Porsche and Lamborghini. I have a 5.2 and don't plan on selling, so price is not relevant. If you're a potential buyer, take advantage of any deals you see because it's a great car.
IMHO, a car that depreciate the most is the one that doesn't get driven.
Last edited by vincentdds; 09-01-2011 at 10:14 PM.
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#8
I'm a bit astonished at the surprise that R8 prices have declined. ALL auto prices go down unless it's a limited run like the Ford GT. However what I have seen is that R8 prices have declined equal to or less than its peer group of Porsche and Lamborghini. I have a 5.2 and don't plan on selling, so price is not relevant. If you're a potential buyer, take advantage of any deals you see because it's a great car.
#9
It's just simple supply and demand, nothing sinister. The R8 4.2 only entered the market a few years ago. There were 2 year waiting lists because the pipeline had to be filled and Audi had limited production capacity. After 3+ years the pipeline is full and used cars are hitting the market, especially with the introduction of the 5.2. Now the pipeline is filling up on 5.2's and used cars are beginning to hit the market. Dealers used to be on allocation, but can now build one out pretty quickly. Having said all that, Audi still keeps R8 production volumes low due to capacity, and having to share that between the 4.2, 5.2 and Spyder. That should help keep values from plunging.
#10
the V10 hurt the 4.2's sales. The are now a few relatively inexpensive mods that you can do to the 4.2 V8 that honestly make it a great buy preowned if your after performance but don't want to pay V10 money.
#11
There's a 2009 5.2 used for sale in Fontana CA at a Honda dealer of all places. Higher (?) mileage (23K) but the cheapest used 5.2 I've seen by far. Asking $119K... wow that seems like a great price- or are people worried about the mileage? (I wouldn't be)
GPS, fully loaded and MSRP of $164K, new tires all maint. records - somebody jump on this! I would myself but other priorities are forcing me to wait... argh.
http://www.kbb.com/car-dealers/rock-...5840871335057/
BTW - between this and the 2010 Porsche turbo PDK I saw for $114K locally I'm liking my options in 6 months or so :-)
GPS, fully loaded and MSRP of $164K, new tires all maint. records - somebody jump on this! I would myself but other priorities are forcing me to wait... argh.
http://www.kbb.com/car-dealers/rock-...5840871335057/
BTW - between this and the 2010 Porsche turbo PDK I saw for $114K locally I'm liking my options in 6 months or so :-)
#12
BTW - there's also a 2008 4.2 at Carmax with 17K miles for $90K
http://tinyurl.com/3wgdq7z
Who trades in an R8 to Carmax??????????
http://tinyurl.com/3wgdq7z
Who trades in an R8 to Carmax??????????
#13
BTW - there's also a 2008 4.2 at Carmax with 17K miles for $90K
http://tinyurl.com/3wgdq7z
Who trades in an R8 to Carmax??????????
http://tinyurl.com/3wgdq7z
Who trades in an R8 to Carmax??????????
#15
Agreed, the 08 from carmax looks pretty rough from the pictures, but a great price. The 5.2 looks in good shape, but the carfax (didnt access the full report) shows something like 18 records. I would stay away from both.