[zagaboo]

I think the i8 is a great car but don't think I'll buy a new one again, for all the reasons mentioned above.

I do think that the i8 is a cracking nearly new proposition though. A dealer 17 reg can be had for £70K. With 14 plates now hitting £50K, a £20K hit is not bad for 3 yrs motoring, especially with the low running costs.

The context here is that the i8 is not alone in savage new car depreciation. eg I've been monitoring R8 spyders for a bit, as I fancy a change, and £145K specced 6 month old cars often pop up at £105-110K with less than 1k miles on the clock.

So if you are looking to buy a new £100K+ sports car, then be prepared to lose £30K in a year. If that grates, then the answer is, don't buy a new one. ;-)

Ps sorry about the pound signs!

[JasH]

Originally Posted by mspeed

2014s are coming off of warranty now and I expect there to be a huge drop off in values

Not really a problem.

BMW extended warranty is very cheap. My car cost £954.

[Amr_d]

Originally Posted by JasH

Not really a problem.

BMW extended warranty is very cheap. My car cost £954.

How many years can you extend the warranty for? When I had a 911, I recall with Porsche it was a maximum of 10 years from first registration.

[JasH]

The only limitation I can see is that they will stop covering the car at 100,000 miles.

[ImGoingPlaces]

It all comes down to how well you negotiated. Lots of people leases these cars and got 30k off sticker, paying 1100-1300 per month. IMO that's a great value for the money. I also see lots of people on swapalease who are trying to dump their cars bc they ended up with payments between 1800-2400 and they realize they made a huge mistake

I did a lease takeover and the guy negotiated a selling price of 117k down from 139k , he put MSD's and got a good money factor so my payment is 1028$ , to me that's amazing for the car I have

[Maxxsirrah]

It's the same with all cars really, even Porsche's. It may not at face value, but most Porsche buyers will spend circa 10k on options on top of list price and get no discount either. So a 100k list price Porsche will have cost 110k and maybe worth 70k in 3 years, so a loss of 40k. My 2017 i8 retailed at 103k, I added 3k of options, so 106k, but got a 15k discount making it 91k which will be worth 55 to 60k in 3 years, so a loss of circa 35k. But the i8 also comes with 3 years free servicing, no road tax(in the UK), far superior fuel economy etc and will have cost less to run than that Porsche by about 5k over the 3 years. Oh and I got a 0% loan on my i8, Porsche were looking at 5 to 6%. There was in reality no comparison, the i8 is a far better prospect economically, probably saving me around 20k over a 911 over 3 years. It's frankly an economic marvel!

[Maybei8]

It’s true that most cars will lose a good 50% of their value in the first three years. It’s the next 2-3 years which are interesting. Looking at local prices here where new cars were around 165k, 24 months later you’re looking at 86k. That’s seems like a lot to me but as you quite rightly said, who knows how deep the discount was for the first owner. So let’s try to project forward for these early-2016 cars. The furthest we can go is another two years since there’s nothing older than 2014 on the market. Here we see the market is a mess, and clearing has no idea how to price these cars! Today you can see 2014’s from 76k all the way up to over 100k! Yes, you read that right, there are 2014’s priced much higher than 2016 with similar mileage and sold by dealerships. You could argue that this is good news; basically the worst case scenario is a 10k loss over 2 years, and best case is a gain! Somehow I’m doubtful. A market like this makes me a little nervous.

[JasH]

Early i8 cars had no discount, at least in UK.

I know

[Aye-eight]

Originally Posted by Maybei8

'We had one when they first came out and lost a ton of money on it', 'we couldn't give it away', 'for that kind of money it just doesn't deliver'.

I think where some of this comes from is the ridiculous prices that some people got scammed into paying way in the beginning. There were stories of mid five digits over list! Speaks for the car’s appeal, I guess, if it creates that sort of impulsive “must have it” attitude. But it’s still stupid.

The other thing is that most people don’t understand this car. It delivers plenty for the money, but it delivers differently. It’s not trying to be another Porsche or Maserati. I wouldn’t expect a sports car dealer, who decided to put one in the showroom to turn a quick buck, to understand. So I wouldn’t expect them to explain it right, and to the right type of person. Of course, they’d have a hard time selling it.

[NGR]

Originally Posted by Aye-eight

I think where some of this comes from is the ridiculous prices that some people got scammed into paying way in the beginning. There were stories of mid five digits over list! Speaks for the car’s appeal, I guess, if it creates that sort of impulsive “must have it” attitude. But it’s still stupid.

The other thing is that most people don’t understand this car. It delivers plenty for the money, but it delivers differently. It’s not trying to be another Porsche or Maserati. I wouldn’t expect a sports car dealer, who decided to put one in the showroom to turn a quick buck, to understand. So I wouldn’t expect them to explain it right, and to the right type of person. Of course, they’d have a hard time selling it.

BMW dealers don't even understand these car. My main service guy who has been looking after mine for a few years only got to drive one last month and asked me how on earth I manage to get in and out of it!

[Aye-eight]

Originally Posted by NGR

BMW dealers don't even understand these car. My main service guy who has been looking after mine for a few years only got to drive one last month and asked me how on earth I manage to get in and out of it!

How has he been getting in and out of yours when doing the service?

[fishpond]

Originally Posted by Aye-eight

How has he been getting in and out of yours when doing the service?

Not to mention when he had to either get it on or off the ramp and road test it post service?

[jcpca356]

Originally Posted by fishpond

Not to mention when he had to either get it on or off the ramp and road test it post service?

It's better than my previous Lambos and Ferrari. i8 maintenance will be cheaper too!

[NGR]

Originally Posted by Aye-eight

How has he been getting in and out of yours when doing the service?

Mine's got autopilot - honest

It's the guy who deals with the bookings not the technician. As they're the customer facing people, I would expect them to be well-informed on the cars they are repairing/servicing. Apparently not.

[Aye-eight]

Originally Posted by NGR

Mine's got autopilot - honest

It's the guy who deals with the bookings not the technician. As they're the customer facing people, I would expect them to be well-informed on the cars they are repairing/servicing. Apparently not.

I see. Strange indeed. Especially since the car has been on the market for almost four years now ...