Audi R8 residual values and lease costs

Audi R8 residual values and lease costs

Author
Discussion

magnus911

Original Poster:

584 posts

196 months

Wednesday 5th June 2013
quotequote all
So, an R8 over here starts at $114k for the manual.

The cheapest decent ones from 2008 seem to start at minimum $85k, so they have depcreicated around $30k over 5 years.

That's pretty solid residuals. You might think in the case that leasing would be good value, but the best deal I can find is around $14k down and $1300 / month for 36 which seems very expensive compared to the residual value.

Any thoughts on this?

I'm in Colorado so I need the 4 wheel action!

CYMR0

3,940 posts

207 months

Wednesday 5th June 2013
quotequote all
So that's $47k including interest (which I would expect to be at least $10k) over three years, so perhaps $35k all in would be more like it.

Of course, what do R8s actually need in terms of spec to make them saleable?

If they're anything like the UK cars you'll be spending $30k above base MSRP on essential stuff.

belleair302

6,921 posts

214 months

Wednesday 5th June 2013
quotequote all
More a Miami car than a Colorado car. Leasing costs will be higher because of the finance costs to the lender. It may be easier to take out a loan to buy one. Used market is high because not so many cars have been sold and they are an acquired taste in many states. I hate to think about the servicing costs and can they be looked after outside of the dealer network?

EK993

1,946 posts

258 months

Thursday 6th June 2013
quotequote all
Audi just do not want to make leasing an R8 attractive so the residuals are incredibly low.

R8's over here really seem to be depreciation proof. Similar year 911's / Aston's are quite a bit cheaper.

There are a lot of 2011 / 2012 cars for sale on cars.com at the moment compared to 2008 - 2010 however, and the price spread is very small. 2008 cars with circa 30k miles are around $85k at an indie or you can buy a 2012 car with pretty much delivery mileage from an Audi main dealer for $115k.

I wonder if the glut of later cars will start to put serious downward price pressure on the earlier cars.

magnus911

Original Poster:

584 posts

196 months

Friday 7th June 2013
quotequote all
It'll be interesting to see if those prices do move downward at all. At the moment, I think the idea of buying one on finance is the only sensible way to acquire one, and it could be quite pain free if the values stay strong.

These cars do not cost Lamborghini money to service.