Audi R8 5.2 V10 PLUS QUATTRO Coupe - Pricing / negotiating

Audi R8 5.2 V10 PLUS QUATTRO Coupe - Pricing / negotiating

Author
Discussion

Vroom2

Original Poster:

153 posts

176 months

Friday 9th October 2020
quotequote all
Hi Folks,

There seems to be an endless (and increasing) supply of R8 V10+ cars available with asking price circa £80,000 retail. How much is it realistic to expect off this asking price from a dealer?

Maybe not fair to compare, but I've been reliably informed the actual dealer selling prices for Ferrari F355 and F430 is typically circa £10,000 below asking prices. Asking prices have not budged since Covid 19 as dealers try in vain to control the market.

Any insight, experience or thoughts much appreciated.

davek_964

9,299 posts

182 months

Friday 9th October 2020
quotequote all
Vroom2 said:
Maybe not fair to compare, but I've been reliably informed the actual dealer selling prices for Ferrari F355 and F430 is typically circa £10,000 below asking prices
I don't think you've been as reliably informed as you think (unless you're talking about SOR / non-official Ferrari dealers - and even then I'd be amazed if that was true).

Edited by davek_964 on Friday 9th October 13:59

marky7seven

188 posts

55 months

Friday 9th October 2020
quotequote all
I purchased a 2017 R8+ back in May for £84,000, with only 9k on the clock, still under main dealer warranty, and in a rare colour with every option ticked. I personally think that was great value. I'm sure if they have had the car a few months you will be able to get a few off, I couldn't really negotiated on mine as found out they was getting it before he had even taken it into stock.

Vroom2

Original Poster:

153 posts

176 months

Friday 9th October 2020
quotequote all
davek_964 said:
I don't think you've been as reliably informed as you think (unless you're talking about SOR / non-official Ferrari dealers - and even then I'd be amazed if that was true).

Edited by davek_964 on Friday 9th October 13:59
Unequivocal, first hand, albeit from non-official Ferrari dealer in South East.

Vroom2

Original Poster:

153 posts

176 months

Friday 9th October 2020
quotequote all
marky7seven said:
I purchased a 2017 R8+ back in May for £84,000, with only 9k on the clock, still under main dealer warranty, and in a rare colour with every option ticked. I personally think that was great value. I'm sure if they have had the car a few months you will be able to get a few off, I couldn't really negotiated on mine as found out they was getting it before he had even taken it into stock.
I agree they look a tremendous proposition. Have you enjoyed your ownership? What are the "must have" resale options to have? Are there any colours to avoid for resale?

R8Reece

1,536 posts

96 months

Friday 9th October 2020
quotequote all
Impossible to know for sure, so many differing factors that will make the circumstances of every sale unique.

Only way to find out is to make an offer - worse thing is they will say "no".

BlackR8

465 posts

84 months

Friday 9th October 2020
quotequote all
Vroom2 said:
Hi Folks,

Maybe not fair to compare, but I've been reliably informed the actual dealer selling prices for Ferrari F355 and F430 is typically circa £10,000 below asking prices. Asking prices have not budged since Covid 19 as dealers try in vain to control the market.
Maybe I am a total mug smile but I didn't get a penny off my old F430 when buying from a Ferrari dealer

marky7seven

188 posts

55 months

Friday 9th October 2020
quotequote all
Vroom2 said:
marky7seven said:
I purchased a 2017 R8+ back in May for £84,000, with only 9k on the clock, still under main dealer warranty, and in a rare colour with every option ticked. I personally think that was great value. I'm sure if they have had the car a few months you will be able to get a few off, I couldn't really negotiated on mine as found out they was getting it before he had even taken it into stock.
I agree they look a tremendous proposition. Have you enjoyed your ownership? What are the "must have" resale options to have? Are there any colours to avoid for resale?
They must have the Sport Plus Pack and Sound and Comfort Pack from what I've been told, but most seem to have those packs anyway. For the money they are great value, I plan to be the long term owner of it, but then I always say that. My plan next year is to get a V12 manual Vantage to go with it, fingers crossed.

Chrisatronic

303 posts

106 months

Friday 9th October 2020
quotequote all
marky7seven said:
I purchased a 2017 R8+ back in May for £84,000, with only 9k on the clock, still under main dealer warranty, and in a rare colour with every option ticked. I personally think that was great value. I'm sure if they have had the car a few months you will be able to get a few off, I couldn't really negotiated on mine as found out they was getting it before he had even taken it into stock.
Did the warranty transfer OK? When I was looking at Gen1s a few years ago this was a sticking point. Be interesting what happens come renewal.

marky7seven

188 posts

55 months

Friday 9th October 2020
quotequote all
Chrisatronic said:
marky7seven said:
I purchased a 2017 R8+ back in May for £84,000, with only 9k on the clock, still under main dealer warranty, and in a rare colour with every option ticked. I personally think that was great value. I'm sure if they have had the car a few months you will be able to get a few off, I couldn't really negotiated on mine as found out they was getting it before he had even taken it into stock.
Did the warranty transfer OK? When I was looking at Gen1s a few years ago this was a sticking point. Be interesting what happens come renewal.
Yes, actually just renewed it on the 28th September. £1400 ish for the year.

LucasA

114 posts

112 months

Tuesday 13th October 2020
quotequote all
Im in between a 540C and R8 V10 Plus. In terms of R8 Ive found that on an 80 odd grand car 3 grand or so seems achievable when asking for 5k off. Still having a think about a couple of cars currently on autotrader.

blueg33

38,542 posts

231 months

Tuesday 13th October 2020
quotequote all
Vroom2 said:
Hi Folks,



Maybe not fair to compare, but I've been reliably informed the actual dealer selling prices for Ferrari F355 and F430 is typically circa £10,000 below asking prices. Asking prices have not budged since Covid 19 as dealers try in vain to control the market.

Any insight, experience or thoughts much appreciated.
Having just bought a 360 from a dealer and looked at 430's I would say that this is not true. They seem to prefer to hold the cars in this slow market rather than take a massive hit.

I also looked at R8 V10's and Lotus Evora - the movement on price for all of them was low. Best I could do was £3k off the asking for a £65k R8 V10+ (I then decided that the R8 looks really didn't do it for me)


Edited by blueg33 on Tuesday 13th October 10:43

Durzel

12,459 posts

175 months

Wednesday 21st October 2020
quotequote all
Vroom2 said:
Maybe not fair to compare, but I've been reliably informed the actual dealer selling prices for Ferrari F355 and F430 is typically circa £10,000 below asking prices. Asking prices have not budged since Covid 19 as dealers try in vain to control the market.
Main dealer pricing is tightly controlled. I'd suggest you wouldn't get anywhere trying to get £10k off a main dealer F355 or F430.

I'm not sure I'd call their control of market "in vain", they have been doing it for years and they have become exceedingly efficient at it, to coin the Matrix.

Woza

1,253 posts

243 months

Thursday 5th November 2020
quotequote all
I bought a 2016 V10+ with very high spec in January of this year. Prices have remained strong so wouldn't expect much £ off......a great car!

TP321

1,513 posts

205 months

Monday 9th November 2020
quotequote all
Seems to be quite a few brand new ones for sale with £30k off. I think it’s looking a little old hat now the R8. They should have changed the interior with last years facelift. I am also surprised why they haven’t slotted the 4.0 litre petrol into this and stayed only with the V10.

Chris355

822 posts

203 months

Tuesday 10th November 2020
quotequote all
Negotiating with Ferrari main dealers is hard work. I managed to get them to move £2500 on a 458 a couple of years ago, but it took a couple of weeks.

From specialists you will generally get more movement and private purchases significantly more (you might see £10k with a motivated private seller, but don’t expect it to be the norm).

Audi will move, but again not a huge amount. Will depend how long they have had it. I wouldn’t expect more than £4000 at the moment. Next year things might start getting more interesting though ...

blueg33

38,542 posts

231 months

Tuesday 10th November 2020
quotequote all
The niche car market can be odd

Earlier this year I tried to do a deal on an Evora 410 sport that had been for sale for 6 months. We ended up £1k apart on a £60k car. When we got stuck, I provided all of the comparable evidence, and I had already come up a bit, but the seller wouldn't budge. Another 4 months on and the car is still unsold. (all negotiation was through the dealer but it was a sale or return car)

I guess people don't always need to sell cars so will hold on for the price.

supersport

4,266 posts

234 months

Tuesday 10th November 2020
quotequote all
I can't see £10K off asking prices, I was happy to get £3 off last year.

Some of the cars that were around then, are still around now for the same prices.

I think £10K is a lot to be expecting to get off.