Hey guys! On today's episode we're, going
to take a look at the Audi r8 and figure
out which model and year is the best
bang for your buck!
"Audi R8 Buyers Guide"
The r8 was released
in 2008 as a v8 coupe, but since then has
had numerous models including v8, the v10,
the hardtop, the soft top, and more
special editions than you can count.
We're going to limit this buyer's guide
to the v8, the v10, and the v10 plus. We're
going to look at the coupes, the
convertibles as well as manual and
automatic transmission cars. Before we
get started, I want to say that
collecting data on this car was very
difficult. The numbers on kelly blue
book and nada guides were all over the
place. The same goes for the selling
price on all the major car websites. It
wasn't uncommon to see very similar cars
of the same year go for a wide
variety of different prices. The R8 isn't
exactly a rare car but the used market
values sure do act like it. Now that
we've gotten that out of the way, let's
start with the v8 models. The darker
colors on top represent the original
MSRPs when the cars were new. The
lighter colors on the bottom is what the
cars are currently being sold for today.
We see two overall trends when we look
at the v8 charts. First, manuals are worth
more than automatics, and automatics
weren't a cheap option on this car at
eight thousand dollars. As more and more
manufacturers ditch the manual
transmission altogether, we're seeing
those cars hold their value just a
little bit better than the automatics.
The second thing we notice, for the most
part, spyders are selling for higher
prices than the coupes, but that's no
surprise since we're about $15,000 more
from the factory when they were new.
However, if you look back to the first
years of the spyder production, you'll
see that the coupe is actually selling
for around the same price. With 2011
models for instance, the spyder has lost
about thirty to thirty-five percent of
its original value while the coupe has only
lost about twenty five percent, which
puts them both in about the ninety
thousand dollar range. We'd expect to see
a large drop in price before the 2014
refresh, but it's not as severe as with
most cars. This is a testament to how
well-built and how desirable the
original r8 was right out of the box. Now
let's take a look at the v10 models.
The prices on these behave completely
different than the v8's. Since the v10s
were more of a limited production car,
there's not as much data out there and
the values for the cars are
all over the board. You even see the v10
cars going for more than the premium
v10 plus cars. For whatever reason the
v10 plus doesn't seem to hold its value
in this market. In all honesty, it's kind
of a crapshoot. There's so much
inconsistency out there that analyzing
the data is near impossible, but let's
give it a try anyway! If you don't care
if a car has 20-30,000 miles on it,
there are a lot of v10s out
there in whatever transmission you want
in about the ninety thousand dollar
range. Now be careful if you're shopping
for one of those. I saw a lot of ads
claiming v10 cars going for about
seventy thousand dollars. When you look
into them, those are actually v8 models.
It happens a lot more than you think. Overall,
the v8 and the v10 are holding their
value quite well compared to some of
their competitors. The depreciation of
early v8 seems to have slowed down and you can
find some really great models in low 70s
high 60 thousand dollar range. That's
about thirty five to forty percent off
the original MSRP. Now thirty five
percent depreciation in eight years
really isn't that bad. For comparison, a
911 is going to lose that same amount in
about three or four years. Now the v10s
are their own animals. If you want one of
the Refresh cars from 2014 or 2015,
you're on be spending about $110 to 130
thousand dollars. If you want to save
some money, you can get one of the
original V10s with decent options and
low miles for well under a hundred grand.
Now if you can afford it, i'd go straight
for one of the v10 plus models. They were
originally about $20,000 more than the
standard v10 but they've not retained
any of that value. They were also only
made after the mid-cycle refresh so
they're going to be the most up-to-date
version of that generation that you can
get. Now lastly, if you're interested in
the brand new 2017 model, there's quite a
few of them on the used market but the
prices are all over the place. I've seen
them for $160 up to two hundred and ten
thousand dollars. If I wanted one of
those I think I'd wait a year or two
until those prices dropped down a little
bit. So that's the depreciation of the
audi r8. If you haven't already hit that
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and until next time, thanks guys!
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