| 04-11-2009, 07:35 PM | #1 |
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Question about the R8 market
Ok,
So the economy is in a recession right... How the HELL is the R8 used and new market still attemping to sell the car for upwards of 130-140k? That is absolutely ridiculous, no offense. I mean I understand that no one should expect a big discount on an 08 R8 demo or a lightly used 09 R8 (if there is someone selling it), but I am confused as to how people are still listing these cars at prices that are pretty much brand-new? It's really amazing to see that the car hasn't gotten a proper decrease in price, especially when most dealers can't really be nitpicky if they're sitting on a car that cost them 100k invoice and they're trying to sell it for 140 instead of 110... Any ideas? |
| 04-11-2009, 07:43 PM | #2 | |
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Supply and Demand?
They made a fuss about only making a limited number every year (US still gets the biggest allotment).
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| 04-11-2009, 07:59 PM | #3 |
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That happened in my area with Aston Martin. I went in and inquired about an 07 Vantage and it was selling near MSRP!
I gave them an offer in January only 10k below their listed price, and they never called back. In March they went out of business. 
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| 04-11-2009, 08:47 PM | #4 | |
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| 04-11-2009, 08:51 PM | #5 | |
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| 04-12-2009, 01:37 AM | #6 | |
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| 04-12-2009, 02:01 AM | #7 | ||
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| 04-12-2009, 04:07 AM | #8 | |
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Real Men don't negotiate with terrorists.
In this case, the dealerships that are bold enough to try to sell a used, 2-year old model car at MSRP.
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| 04-12-2009, 04:32 AM | #9 | |
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________ Medical Marijuana Dispensary ________ NO2 VAPORIZER ________ The Vision Condo ________ Zoloft lawsuites ________ Club Royal Condominium Pattaya Last edited by Bluesummer; 09-07-2011 at 07:18 AM.. |
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| 04-12-2009, 03:20 PM | #10 |
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I am so surprised at how disgusting this continent is when it comes to the R8. There should be no reason I can't get one at 100-105k with S Tronic fully loaded (an 08 of course), but NO! They want 140 FREAKING K!? ARE THEY SMOKING ROCKS? No one is going to buy one for that price!
Sigh... stealerships.  |
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| 04-12-2009, 11:29 PM | #11 | |
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| 04-13-2009, 12:38 AM | #12 |
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The value of the R8s are holding up quite well. As a matter of fact, much better than I expected. Given that these R8s were fetching $20k-$30k over msrp just a little over a year ago, it also makes sense that the premiums are gone. When I purchased my R8, it was still at msrp and that was just some 4 months ago. If I look at the RS, I purchased it used at 4k miles and it was just slightly under msrp. It all comes down to certain cars will hold its value better than others. If the R8 was released in 2007 or 2006, there would then be enough of them floating around for the value to take a hit.
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| 04-13-2009, 02:22 AM | #13 | |
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| 04-13-2009, 12:11 PM | #14 | |
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Funny you mention Bauer. I spent the Sunday on Balboa Island with my family, and my wife said, "Isn't that the car you wanted?" It was a white Vantage driving into Bauer Aston Martin near Jamboree Street. 
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| 04-13-2009, 03:45 PM | #15 |
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The economy also isn't slumping as much for those able to afford an R8. The economy has bottomed out the hardest on those in the $15-60k car markets. If someone was able to afford $140k on a car last year, they're most likely still able to afford $140k on a car this year.
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| 04-14-2009, 05:18 PM | #16 | |
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| 04-17-2009, 08:56 PM | #18 | |
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Because the Rich doesn't feel the recession.
In good times they get tax discount and in bad times they get bailout. And of course I am speaking in general. How many of the folks living a Newport Beach mansions have their place foreclosed? Maybe 10%? It's more like 50-60% in area like Riverside County. The small guys get hurt first when the market squeezes. With 15 mil sitting in the bank earning 5% interest you will still have a 750k annual income regardless of employment. Quote:
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