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Potential new owner UK

7K views 66 replies 12 participants last post by  patrick_p3 
#1 ·
Hi, I'm new to the R8 world. I am looking at purchasing a manual 2010 V10 spyder. I have recently sold a Nissan GTR and have fancied an R8 for years. My only issue is I don't know much about them so don't want to rush in. The car is £52k with 35k miles. Firstly is this a good price? It has new tyres and brakes and recent service. Full audi service history.

The main things that concern me are?

Are the later ones worth the extra money, as in were there many upgrades upto say 2014?

What are the resale values like? Are they expected to drop alot in the coming year. I'm planning on having it 12 months (I know this is guess work but say for the GTR they generally hold their money very well)

What are they like to sell on private? I would be getting 2 years warranty so would be able to sell on with 12 months remaining. The warranty covers the value of the car.

Any common issues/expensive issues?

General service costs at Audi?

I have been doing research but it's always good to get real world opinions.

Thanks in advance
 
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#2 ·
Im from the UK. I had a 2009 V10 coupe sold about 5 years ago. Just purchased a 2016 V10 plus coupe. These are very reliable cars both gen 1 and gen 2. Cant really comment on price but I would assume its the same with any car you are paying a premium to finance through a dealer so will depreciate 5K+ as soon as you drive it away. But apart from that initial hit these wont move much at all.

Looking at the mileage had it had a clutch change? My clutch on my V8 failed at around 35K miles. I dont believe you will be able to sell it privately as people dont want to tie up capital in a car so always want to finance thru a dealer. When you say 2 years warranty I assume this wont be an Audi warranty? I did 40K miles in my original V8 and apart from the clutch and normal brake replacement didnt have any issues. Did about 20K in my V10 and didnt have any issues.

Its a 9 year old car I wouldnt bother having anything done at Audi anymore but Audi prices are pretty reasonable considering the car it is.
 
#3 ·
Many thanks for the reply

I am buying the car cash so not financing it. Just want the peace of mind and the warranty. It's not audi warranty no, it does however cover it for the value of the car not a £1000 claim limit like some warranties.

Strangely enough the car had a new clutch at 13,000 miles. I'm not sure why but it was replaced at Audi for £3500. I know what you mean regarding selling private however I have just sold my GTR private for similar money (£46k). The car has 4 new tyres, new discs and pads all round, fresh service and had the MAG ride shockers replaced 2 weeks back as they were leaking. Apparently they are a common issue.
 
#7 ·
[/QUOTE]

The warranty is through the dealership and they are audi specialists. What did u pay for it if you don't mind me asking? And what mileage? I'm not sure if £52k is good.

I'm just hoping if I do buy it, it's not going to be worth £40k next year ?[/QUOTE]

Mine was £55k. 25k miles with full Audi history. Standard apart from Tubi exhaust. Hasn’t had any big things replaced as none have broken. Not sure if that’s a good thing or bad thing! Immaculate car. Mine was from a super/sports car dealer but they only gave a 6 month warranty with £2.5k limit per claim! Your warranty sounds pretty comprehensive!
 
#8 ·
The warranty is through the dealership and they are audi specialists. What did u pay for it if you don't mind me asking? And what mileage? I'm not sure if £52k is good.

I'm just hoping if I do buy it, it's not going to be worth £40k next year ?[/QUOTE]

Mine was £55k. 25k miles with full Audi history. Standard apart from Tubi exhaust. Hasn’t had any big things replaced as none have broken. Not sure if that’s a good thing or bad thing! Immaculate car. Mine was from a super/sports car dealer but they only gave a 6 month warranty with £2.5k limit per claim! Your warranty sounds pretty comprehensive![/QUOTE]

I'm not sure either whether that's a good thing or not. As long as you don't have any issues I don't think it matters. So the one I'm looking at for £52k with 35k miles seems about the right price. The guy at the dealership is emailing me the warranty details today so I'll know more when I read through it. Sounds pretty good though
 
#10 ·
The warranty is through the dealership and they are audi specialists. What did u pay for it if you don't mind me asking? And what mileage? I'm not sure if £52k is good.

I'm just hoping if I do buy it, it's not going to be worth £40k next year ?[/QUOTE]

Mine was £55k. 25k miles with full Audi history. Standard apart from Tubi exhaust. Hasn’t had any big things replaced as none have broken. Not sure if that’s a good thing or bad thing! Immaculate car. Mine was from a super/sports car dealer but they only gave a 6 month warranty with £2.5k limit per claim! Your warranty sounds pretty comprehensive![/QUOTE]

Do you know what they are like to sell? I'm only planning on keeping it a year so don't want to end up stuck with it trying to sell it. I know the GTR market is pretty good and they generally sell within a month or 2. The R8 I'm not sure about. That's one of the things putting me off slightly and the depreciation
 
#18 ·
Do you know what they are like to sell? I'm only planning on keeping it a year so don't want to end up stuck with it trying to sell it. I know the GTR market is pretty good and they generally sell within a month or 2. The R8 I'm not sure about. That's one of the things putting me off slightly and the depreciation
The 'right' spec will usually sell quite easily, but less popular colours and limited options can take time to move on.
Will double check all the options as I'm not 100% sure what comes as standard on the v10. Also it is a 2010 Manual spyder in blue with 35k miles. It does have the top spec alloys but not sure if they were standard or not
Yes they are still making them just as Porsches 911 but like the 911 certain models hold their value or appreciate over time. The newer R8s are all auto only and lots of people like me think the series one is the best looker. If you are thinking of selling in a year or 2 then yes you will lose some money but should not be too bad... Some Aston and Mclarens for some reason seem to be a nightmare to move on, well it was for a pal of mine. As I say long term I feel its a winner.... I think in a few years people will be saying gosh can you remember when you could buy a manual R8 V10 for 50k! Only time will tell yes we have Brexit etc but life will carry on we will get through it
 
#20 · (Edited)
Also with it being a spyder I'm guessing selling it would be seasonal. I can't imagine there would be much interest in October etc...

Do many from the UK advertise their cars for sale on here? It all seems to be US cars. The GTR forum is the best place for selling the Nissans. Is AutoTrader etc the best place for these?
 
#21 ·
Also with it being a spyder I'm guessing selling it would be seasonal. I can't imagine there would be much interest in October etc...

Do many from the UK advertise there cars for sale on here? It all seems to be US cars. The GTR forum is the best place for selling the Nissans. Is AutoTrader etc the best place for these?
Actually ebay as a classified ad is as good as anywhere as the person who actually wants to buy one will get in touch privately to negotiate. Pistonheads is also a good place. It looks like you intend to sell after a year or so so you just might take a bath!
 
#25 ·
What I meant by taking a bath is nobody knows where we will be in 12 months or what will be happening with the country that is pretty obvious. If you keep it long term as in 5 years or more you will be laughing methinks but as you are already asking where is the best place to sell it even before you buy one is a bit worrying. I wasn't trying to be clever or off just my advice is all based on keeping it quite a few years, if only 12 months I've no idea how the state of the 2nd hand supercar market or our country will be in!
 
#26 · (Edited)
I know what you mean mate. I appreciate the advice. Me and the Mrs are hoping to have kids next year so it's like a last hurrah before we do. Wont really be able to keep it financially I don't think and didn't want to end up stuck with it and letting it go really cheap. If the general opinion was that it's not a good idea I'd probably opt out. I do believe a good V10 will never be under £40k but I'm not as clued up as most of you guys. I appreciate all the info

Thanks
 
#29 ·
Also I have noticed alot of wanted threads are saying they are wanting 2011 onwards. Is there an issue on the 2010 model that rules it out for certain people I.e. frame cracking?

I know on the Gtr's an MY12 is much more desirable than a 61 plate car even though there only 6 months apart due to the upgrades on the newer model.

Thanks
 
#30 ·
It could be because of the frame cracking issue as this was addressed by Audi from late 2010 onwards. Given the internet scaremongering over this, however, they could be missing out on some lovely pre 2011 examples.
 
#52 ·
Hi All,

Literally going through the same process as you Jed. I've just sold my V8 Vantage and have my eye on a V10 Coupe as the replacement. I have been watching the prices though for about a year so thought I would chip in if it's useful. Over the last year I have been tracking sales roughly monthly and the depreciation seems to have been ok(ish). I've really only been watching the 50/60k market as this has been my price point. When i started watching the stuff that is now going for about 50/52k was going for 55/56 when i started watching March last year and the stuff I was seeing at 60k is now going for 55/56k. All told it tells you it's been about 3.5/5k in the last year as a drop on the same age/millage cars. I have only really been watching stuff between 20k and 50k in miles as well as people seem to have silly expectations of the increase in value for stuff below 20k miles.

I hope this helps you a bit? I've just lost about 3k a year on my V8 vantage. and I did the same on my previous 911. I think in this kind of age of secondhand semi supercar stuff you have to expect to lose £300 roughly a month. The Audi's seem to have been a little worse than some but better than others. I think this is mainly down to the new model coming out as well. It's hard to know if it is but i would guess so. My guess is therefore the drop should be a little less in a years time unless brexit soften's the economy too much then it gets really naff.

I have also been watching Private vs Dealer. Based on what I have seen the private stuff isn't selling well. It seems from my eye anyway that a lot of private stuff holds for quite a long time (2 months) then you see it pop up at a dealer then sell. This is only watching Auto trader though. Don't know if others sell privately better on Pistonheads etc.

Hope this helps a little?

Shaun
 
#53 · (Edited)
Very useful information mate, thanks. I haven't watched the market over the years on R8s like I have on others. It's abit of an impulse buy as it was at a local dealer so I called in for a look. I expected £3-5k a year loss. I was planning on having it 12 months and have come to a deal that they will throw in 2 years warranty. This way I can sell it with 12 months remaining and it is transferable. My biggest concern as you say was brexit. I've read it a few times on the GTR forum that expensive cars will suffer. I'm don't know enough about brexit to know, was just going to take the risk and hope we get through it

Thanks for the info. Also do u think from your experience the car in question is worth the £52k they are asking. Blue 2010 spyder, manual with 35k miles, full audi history, recent service, 4 new tyres, full new mag ride at Audi, new Brakes all round. The warranty for 2 years is an extra £1000
 
#54 ·
Based on what I have seen Jed i'd say that is a decent price yes. That said what I am going on is what I have been tracking them advertised at online. I don't know how much haggling has been going on. But the cars don't seem to be moving massively quickly so I would be hoping to get at least a grand off the advert price especially as you are buying cash. I always buy cash just like you and on my 911 I got them down 3k and on my Aston I got them down by £1800.

I'd say it's worth putting in a 51k offer or force them to pick up the cost of the warranty.

With new mag ride all round, fresh rubber and all disks done it sounds like it's not going to need any upkeep over 12 months so on face value sounds a really decent price buddy!
 
#59 · (Edited)
I've tried to get them down and they offered me, 4 new tyres, new Brakes, a service and full diamond cut wheel refurb. But they won't move on price as they say they are already the cheapest. They also state that they make more from finance than cash. If I was to take some finance they will knock money off the car but not cash. Suppose that's understandable, but annoying
 
#56 ·
Not to want to hijack your thread Jed but seeing as the following info might be useful for both of us I hope you don't mind me putting to the board the below list of questions as a new buyer:

- From what I can see Mag ride is standard on all v10's? Am I right in this assumption?
- If the above is correct I would normally get any vehicle inspected before buying. Can an inspection tell you how soon the Mag Suspension is likely to go? If not is there a rough ball park on millage as to when it's likely to happen?
- same question on the AC compressor that everyone seems to get in a flap about. Can these be assessed at all? What kind of millage is normal to see them let go at?
- What millage do the Manual clutches tend to need replacing at? The normal 35/50k miles?
- If you go auto is there much difference between the R tronic or the S tronic? If so what are the real day to day differences?
- What millage do the clutches tend to need replacing on the R and S tronic's?

Thanks in advance for any help that can be offered!

Shaun
 
#57 ·
- Yes
- Unlikely although you ask an inspector to check for signs of oil on the shocks. Unfortunately a ball park mileage doesn't exist - they can fail at any time
- A compressor replacement on a V8 is an engine out job, on a V10 it can be replacement with the engine in. Again, can fail at any time
- All depends on driving style I guess. However they're not the weakest part of an R8 and I've seen cars on their original clutch in the 60k miles
- Yes. R tronic is a single plate clutch (so effectively a manual with paddles and should be driven as such), S-tronic is dual plate so sharper, faster gear changing. Really have to drive both to see what you prefer but R-tronics are subject to issues from drivers not aware of how to use them (see previous comment on how to use them)
- I have a manual so not 100% sure but again, my impression is it can vary - all dependent on usage/wear etc.

Generally R8's are reliable supercars but when they fail, they are expensive to fix. A good PPI should help with this but unless your budget is really tight & stretched (in which case I'd re-consider buying a supercar) or the PPI is bad, just buy and enjoy the **** thing. Life really is too short!!
 
#58 ·
Thanks for the feedback! Certainly used to paying super car repairs £10,000 to keep the Aston on the road the last 3 years!

But prior to that my 911 was so cheap to run as better build i'm hoping a bit like an Audi and therefore I'm just keen to stem some of the money bleed off!

Advice is really useful though so thanks!
 
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