From Boom to Bust | Audi R8 Prices Keep Dropping
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- เผยแพร่เมื่อ 29 มิ.ย. 2024
- Should you buy an Audi R8 now that proces continue to drop after a historic high? We will dissect the latest developments in V8 and V10 markets, compare them to the general market trend, investigate the inventory dynamics, and finally assess what all of this means for you as a buyer.
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Should you buy an Audi R8 if you care about values, now that prices are coming down from historic heights? Only you can answer that question. But if you decide to do so, you should do it with your eyes wide open.
Buying now means that, in all likelihood, you buy after the largest price decrease. This occurred in the second half of 2022. During 2023, the market normalized somewhat.
For you, this means that it makes sense to expect a yearly loss of at least 5 to 8% if you go for an automatic model. First-generation V10s sit more towards the 5%, while the rest leans more toward the 8%. These numbers are aligned with the market trend. So any changes in the general market conditions are likely to affect these rates. Manuals appear to have lost less or nothing, but, you pay a premium for them and the price uncertainty is larger.
Content:
00:00 Prices are dropping
00:22 Price trends
06:49 Market comparison
08:34 Inventory dynamics
09:33 Should you buy an Audi R8?
Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision. - ยานยนต์และพาหนะ
What car would you like to see analysed next?
Corvette C8, specifically z06 models. At least in the US, the price of a 2023 z06 is basically the same price as a used 2020 R8 quatro +
It would be cool if you did a video about what vehicle you drive or perhaps your dream car and timing of when you would buy based on market conditions
Please do Huracan and Aventador markets. Thank you for all your amazing analysis as always.
TREX and Raptor
Please the Bentley Bentayga.
I'm really surprised to see everyone agreeing with this analysis. The V10 engine has stopped production, so cars like the V10 R8s are becoming more coveted, especially among tuners. New generation cars just don't compare. Despite all the data, the fact remains: V10 engines are a thing of the past. Supply & Demand people!
Hit the nail on the head
Agreed! R8 to the MOOB people!
To me the real issue with R8’s are that many consider them a lesser version of the Huracan with very conservative styling in comparison, but with the dropping prices they are becoming a more attractive option.
Let’s see if this is true when interest rate stay high and we enter a recession.
Crazy how the v10 is dropping even though it's practically the same platform as the huracan.
This v10 will go down as one of the great NA engines. There is definitely a floor for the v10 cars after which they should slowly appreciate back. Buy the floor or go for the long-long term.
At what price do you think they will bottom?
@@fourwheeltrader I'll throw out at guess at ~60k in 3-5 years. And I bet DB11s will be down there with them T_T
There may be a floor for the V10 but maintaining it will get more and more expensive
@@fourwheeltrader My guess, iterated from your graph, is based on mileage of course. 0-20k miles Quattro will bottom at $100k, 20-50k miles will bottom at $80k, and 50k+ around $60k or even less if maintenance is documented poorly. Additional $$ for RWD, GT, Gen1 manual, etc.
My guess is the last gen v10 performance with low miles (10,000) will bottom at 160,000 and the base v10 with low miles at 140000. Subtract more miles at 50 cents per mile. By 2035, EU rules are targeting all auto production to be zero emissions!@@fourwheeltrader
Thanks, as always, for great insights. I am currently watching second gen facelift (20+21) base spyder (ie non performance) to hopefully buy one in 6-12. I realize you didn't include them here but something much more significant is happening for those (and second gen pre-facelift). Because they are less desirable then performance in terms of demand and because dealers overpaid for them in early 23, many are sitting for months and then being sold to another dealer who overpaid, sits on it for months, and then re-sells to another dealer. Finally dealers starting in Oct/Nov realized they overpaid and some are starting to drop prices. Very little auction volume so you can't truly discover pricing. But I can tell you that they are on their way to a 10-15% price decrease in short order - so $15-20k+. Some asking prices are already down $10-15k over the past few months while others are just sitting on them. But practically none are selling. IMO low mileage (under 10k) cars are currently asking $165-175k but are worth about $145k and will get there in the coming months, as the price drops have finally started. But it's a very dysfunctional market right now for 20-21 base spyders right now due to lack of price discovery and dealers not wanting to take a loss. The upcoming recession will be the nail in the coffin for pricing not just for these but across all Gen 2 facelift pricing for base spyders. Gen 2 pre-facelift base spyders have already taken a substantial hit but have another $10-15k to go next year IMO. Good luck to all!
No more are being made. Prices will rise in the next few years. Mark my words.
Thank you for this video! car shopping for a luxury / supercar that wont depreciate too much if bought for 6-8 months so ownership is close to free. Stumbled on your videos
Good analysis! I've been waiting for this considering I just picked up an 11K mile Auto V10 with plans to perform the manual conversion! Get to buy in near the bottom with low miles and then get the low depreciation of the manual once the conversion is complete!
Thank you for the great analysis.
I am still looking for V8 Manual First Gen, but it looks like they get snapped fast on European market :(
Requested r8 last video and here it is! Thank you for the analysis! Bought my manual v8 r8 right at the peak, but still loving it every day!
Thank you. Awesome video. Curious that now Audi won’t make any R8’s anymore and no more V10s what will happen in the future.
Hi! Would be cool to have this kind of video for the TT (RS)
Very interesting Chanel 👍. Just a point, is it possible to compare in different market r-tronic and s-tronic?
The markets are dropping fast here. If things keep dropping I will eventually be buying. But I think the drop is just starting.
With rates dropping and a 24 percent gain in the sp 500, my guess is prices will push back up over the next few years.
And they aren’t making any more of ‘em
It‘s a rollercoaster of emotions right now. Wanting to buy since 2019. Never felt quite right. Maybe I just have to bite the bullet 😂
Great video as always! Love this channel! Thanks
Another fantastic video. Bravo! They’re both entering great value territory, aren’t they. The V10 is certainly more desirable but likely range bound well below the Huracan. The V8 is incredible value for most enthusiasts that will loosely track the Porsche 997s-991.1s Cs2 values and unlikely more.
Hell yes! I'm once again so stoked for a new video and I haven't even gotten through yet.
Now that they have corrected. Where do you see Gen 2 V10 plus heading in the next few years?
How do you see the R8 V8 and V10 manual stick transmission values ?? Will Manual become more collectible ?
Love the one inflation adjusted view!
I would definitely considering owning a pre-facelift V10. Killer car for the money. But would I rather have something like a 991 C4S for that money?
how about the 2nd gen v10+, is there enough data on those?
Hello 👋 I am a Data Scientist student and I am interested in a term project utilizing the car market. Could you please share where your date is pulled from ?
Geweldig, zoals altijd! Bedankt, H!
I really appreciate this video really much I seen them go for as long as 26,000 $36,000 the UK can you please make a Land Rover sport, video of depreciation, value and marketing on the Svr
I bought 2020 R8 Performance Quattro in Jan 2021 for 178K with 3,000 miles, right before the market spiked. I was getting deals for 2018 R8 Plus Quattro with 3000 miles for 153K. Some were certified. The cheapest I can find for the same 2018 today is in 160K+, with 15K+ miles. And the cheapest I see for 2020 performance is 190K+. Yes the market is down from the peak but it doesn’t mean these cars are depreciating like normal car. The price has increased slightly over last 3 years (overall) with increased miles, which is great. BTW I didn’t buy this for price appreciation. These are great cars (cheaper huracán in some sense).
The market of gen 2 is crazy in Montreal canada
excellent, as always !
Looks like the V10 plus cars are going up to me.
Hi, this Analysis was great 👍 Could you also do a R8 German Market Analysis? Thanks for the great Content.
Thanks! The next R8 video will include the German market.
I'm looking at several 2018 plus versions and quite a few of them are going for well under $160,000 now.
In Jan 2021, when I was shopping the same 2018 plus with only few thousand miles were at 150-155K. With increased mileage, the value has stayed steady (with a brief spike in later part of 2021).
I dont think I will sell my mk1 manual 😊
Good work
V10 manuals will do just fine. If not, I’m definitely buying one on the dip.
Prices are down from pre-pandemic levels? I think the prices should be way lower as these cars are now 4 years older!
LOL yes the return to sanity and the return of depreciation is back - i almost went blind from rolling my eyes back so often the past three years as i watched exotic market try to justify and mimic the rationale that because of a parts/chip shortage in normal consumer car production and side effects on used cars like a used nissan sentra going from $6000 to $9000 due to supply and demand in the HUGE low end used car market for the every day commuter car etc and watching a La Ferrari go from 2.7 - 3 million jump to 4 - 4.3 million in a matter of weeks... among every other car that was no more in demand then before the pandemic. then all the hype masters all over instagram and youtube causing literal panic in everything from exotic cars to luxury watches and all the smug self proclaimed genius' who just by the luck of timing bought a rolex that now doubled in price brag about their genius (to which i would always ask if you were so smart and prescient with your purchase then why did you just buy 1? why not 10 and then sell 9 at double or more for a huge profit?) and now all those watches are back to what they were before the hype and suddenly all those self proclaimed genius are silent or just not wanting to talk about and most exotic cars are trending that way too - the top exotics seems stuck at these crazy valuations though because those who bought out of panic or hype can typically afford not to sell. but i wish i saved every conversation with dealers who were telling me that soon even the base level aventador will be over 1 million dollars - sure maybe in another decade and more based on deflation of the dollar then anything else. which a lot of these increases in price are just the float up of rapid deflation lifting prices and not really any new perceived value inherent. shopping for cars is getting back to what it has always typically been a buyers market and i am glad.
Yeah, people were dumb. Weird. 🙂
You use data to tell insight stories. Thank you. I’ve owned a 2018 V10+ for four years on the day. Purchase price was $169K used. I have $25K in exhaust, Xpel and HRE wheels and confident I can sell today for more than $169K (7k miles). I do believe next price bump will be up, but it will be 5-7 years from now when NA demand is high, and inventory is lower.
Car will be worth 120 to 100 then or 60k in current dollars.
@@philipparana9225 are you referring to my car?
Would be interested in hearing your logic. In no world for the next ten years will my spec depreciate to $60k.
Check the prices now! They just exploded once audi announced they will no longer produce the R8!
Toyota yaris GR pls
How much is my 2015 V10 manual worth?
Watched the video. ~$160k.
@@krisb2731 Don't do this , you should buy in France, it's more like 110k€ for a 1st gen facelift and 100k€ for 1st gen before 2013. All car with something like 25 000 miles on it👍
Audi has a bit of badge problem unlike Porsche, this trend is kinda expected. It’s also an “entry supercar” in the 100-200k range, in which the econ climate of high lending rates, inflation and no more gov handouts will affect many owners in this price segment. However, this is a great chance to hold onto one of the best NA engines ever made, as the r8 replacement is gonna be some non v10 hybrids. Get it at the floor and prices will only go up from here or within a few years of recession
As clear as mud
Anything in particular you have problems to understand?
Why say beware on the front? That’s not accurate.
The video demonstrates that there is a lot to be aware of. Why do you think it isn't accurate?
And where is your data?
Car needs to be down to 100k that’s all it’s worth no way these are higher than Ferraris not as good of a value as a brand
Bring out the german market update please🥹🥹