Have any of you seen the depreciation graph produced by what car for the RX8 ?? It makes scary reading, it is one of the worst in its category and they reckon you will loose almost 6k in the first year, its sort of putting me off buting a new one, may hold out til like april next year and try and pick up a used one. Just thought you may wanna know, probably dont so I'll get my coat.

Nope wrong!

It will appreciate not depriciate in the first 6 months due to high demand and little supply.

With nearly all this years stock sold, it will make getting hold of one very difficult.

Ben Gillespie - where are you seeing that depreciation? there are a few places with that info, and they vary wildly.

Have a look at the AA's residual data

here (http://www.theaa.com/allaboutcars/advice/advice_residual_show.jsp?from=variants&makeName=Mazda&modelName=RX-8&engineSize=1.3&trimName=A1&trimDisplay=%5Bno+trim%5D&transmissionName=Manual&transmissionType=BAD&doorsBodyName=5+Door+Coupe&bodyType=E&makeID=C6&modelID=C3&engineName=1.3&engineID=A1&fuelName=Petrol&fuelID=XX&uModelID=87286&qModelID=1)

It states, after 3 years at 10k miles pa = £11562 (53%)

Compared to a225 TT : £15644 (58%) Which is way above average and going to take a serious hit soon

BMW 330ci manual : £14743 (53%) same as RX-8

Toyota Celica T sport : £9288 (45%) (ouch)

Jag X-type 2.5 sport : £10362 (39%) (OUCH).

Audi A4 quatro sport : £11466 (43%) (ouch).

Porsche Boxter : £20208 (64%) heh. k this wins :P fook knows why.

Merc CLK 320 : £20361 (57%)

So , by AA data, the RX-8 is way above average, with only the TT, porsche, merc holding up better, which isnt unusual as they hav great residuals. I dont think the TT market will stay as boyant as it has, lots of imports, ageing design, nasty new models will kill resale somewhat.

There all always guesses about deprecition on new sports cars.

But one of the key things about the RX8 is that it is pretty cheap to start with and is packed with gadgets, high quality interior, excellent looks, practability and not to mention the engine!

This makes it very desirable and the cheap cost means the car is affordable to a greater market

The key is desirability which will mean it will hold its price!!!

I hope it doesn't lose much in the next 6 months as I've already ordered my next car ready for summer next year:D

But like other people have said, the value over the next 12 months should be pretty stable as its the latest thing out, and supply will not keep up with demand.

I buy a car to enjoy not as an investment. Resale value is only an issue when you come to sell it.
All predictions currently made for residuals are just that PREDICTIONS. There is no car to compare this one to at present so we are all guessing.

Just think of a car that I nearly bought in August 2003:
BMW 745 May 2002 with 30k on, list when new £66000.

Had windscreen price of £32995 and will have gone for less than that as it had hung about for ages.

Now at launch in Feb 2002 BMW were quoting a residual value of 46% after three years or 45000 miles yet ut hit this level two years early. So it just shows that the glass ball that these predictors rely on is not crystal clear but slightly frosted!!!!!!!

Easy guys was not having a go was just passing on info that I had read and it scared me a bit, I do see the point that due to short supply this depreciation probably wont happen. Hope not.

Ben

I saw the What Car graph as well and it scared me too! However, the graph I saw was in October edition and they have since radically changed their estimate of the car's residual values (ie from 38% in 3 years to about 55%).

....theres already a number of threads on this....

http://www.rx8club.com/showthread.php?s=&threadid=8839&highlight=depreciation

http://www.rx8club.com/showthread.php?s=&threadid=6270&highlight=depreciation

theres been more, but I can't remember them offhand!

Si

Don't really see how any mag can tell the depreciation until the 3 years have actually happened (and use that as a guide for furure buyers assuming the same model is still in production). Then and only then can these figures be relied upon. The new/secondhand
car market is a very fickle place but agree that the figures will be better than expected as the 8 is such a different vehicle from the average `box on wheels`.

We arent flaming you Ben, just quoting figures seen elsewhere. Of course we hope the numbers you have seen dont come true but truth is none of us know the answer. For sure supply and demand will hold up residuals until next summer but it depends on (IMHO) 3 things:
- Actual mpg / emissions v. quoted figures = running costs, especially if the govt fannies around with emissions based road tax
- Reliability of Renesis. I got total faith that any problems we might have will be fixed under warranty, but could affect perceptions for people buying one out of warranty.
- Evolution: if Mazda decide to bring out a 'new and improved' version in the near future then it might shaft our cars.
JH

Originally posted by Ben Gillespie
Have any of you seen the depreciation graph produced by what car for the RX8 ?? It makes scary reading, it is one of the worst in its category and they reckon you will loose almost 6k in the first year, its sort of putting me off buting a new one, may hold out til like april next year and try and pick up a used one. Just thought you may wanna know, probably dont so I'll get my coat.
I have a recent edition of What Car, the one where they have the comparison test with the 350Z, V6TT and Crossfire and in this they say that the RX-8 should hold onto 55% of its value after 3 years. I'll be happy with that.

Originally posted by 18ME
I hope it doesn't lose much in the next 6 months as I've already ordered my next car ready for summer next year:D

But like other people have said, the value over the next 12 months should be pretty stable as its the latest thing out, and supply will not keep up with demand.

Do we even dare to ask what the next car on order is?

Just to bring a little sadness and gloom to the party, residuals will have a lot to do with the manufacturer. We all know that Mazda have been pretty good about this, but Ford is the boss now. Ford has already stomped on MX5 residuals by dropping the price of new ones and they would appear to be more interested in just shifting metal than Mazda were on their own. Hopefully they will see Mazda as a premium brand (for the RX8 at least) but only time will tell.

No way will the price on few PX-8's drop. There rock bottom now, you Might get a 10% discount late next year I bet.

And new MX-5's aint all that cheap.. least list price.

Originally posted by Edo
Do we even dare to ask what the next car on order is?

:D :D If you can guess i'll take you for a spin.

Clue no1. It has 4 wheel drive

Originally posted by 18ME
:D :D If you can guess i'll take you for a spin.

Clue no1. It has 4 wheel drive

hmm.

Impretza ricewagon
Mitsi Plastico Evo 7
Porche canneloni ?

Clue 2. Its not japanesse and its not an off roader

Eeew, its not... ggggerman is it?

Surely not a TT? Thought TT buyers were meant to upgrade to an RX-8, not the other way round.
And if its for the summer it must be a roadster.

JH

Originally posted by RobDickinson
Eeew, its not... ggggerman is it?

Not difficult that one is it:p :D

Originally posted by 18ME
Not difficult that one is it:p :D

I hope its Porsche then. Non of that VAG tat please.

Clue no3. Its not Porsche, but it is a soft top

I got it 4 posts ago didnt I????

Could be a 'new' SLK? ...

Its not a TT, and the SLK is and won't be 4 wheel drive.

Clue no.4. It comes with 344 horses as std but mine will have 420:D :D

just to clarify, 4 wheel drive, convertible, not a TT, not an SLK (obvioulsy), not a porsche...

hmm. give me 5 mins....

Originally posted by Edo
just to clarify, 4 wheel drive, convertible, not a TT, not an SLK (obvioulsy), not a porsche...

hmm. give me 5 mins....

Tic, toc, tic, toc, tic, toc:)

Ok smart arse! No bleedin idea. Is this a new car on sale now? More clues please.

Hang on! New S4 Convertible?

Originally posted by Edo
Hang on! New S4 Convertible?

I'll open the bottle of champagne now then:D

We'll just call you VAG Boy from now on!
Have they set a price for that yet?

Nooo, realy? An S4 convertable? Vag tat , albeit a V8 Vag.

Sure it'll be quick, but weigh a ton, I bet it isnt anywhere near as fun to drive as the RX-8. Nevermind, its "the most practical all year round convertable" because of its 4WD :)

Hrm S4 convertible, i'm gonna order one of them too!!!

Must be like £40k?

Oh and 18me have you seen the RX8 convertible? That surely is a contender?

Vag boy, Vag tat!! you're all mad:p

I'm only ordering the cab because I was going to change my tdi avant to S4 avant after I drove my local dealers 420bhp AmD'd S4 avant last week but then thought I still want a fairly regular everyday car, so I've decided to keep the tdi and have the cab instead of the RX8 ready for next summer. I'm just hoping that cab will stand the 420 conversion that I'm having.

The price hasn't been set yet but the dealers reckon it to be around £40k + conversion + extras.

Will be a safe bet for residuals though. Better than the saloon or avant which is what really swayed it for me. Lets hope I don't lose too much on the RX8 then.:D

At the risk of this thread having lost the plot completely - I like the A4 cab - think it is a nice looking car. What does make me laugh though is the Quattro version with only 150bhp - how pointless!

Originally posted by Edo
At the risk of this thread having lost the plot completely - I like the A4 cab - think it is a nice looking car. What does make me laugh though is the Quattro version with only 150bhp - how pointless!

They don't do a 150bhp quattro cab, but they do, do the saloon and avant with that but it has now been upped to 190bhp I believe. The new 150 TT has 2 wheel drive as what you guite rightly said doesn't need the 4 wheel drive.

If that makes you laugh, my A4 quattro is a 130bhp diesel:eek: but now gladly putting out 190bhp with nearly 300ft lbs of torque, not got a clue what that is in Nm's.

18ME - Face it - you are going to fall in love with the RX8 and cancel the Audi!!! Well - we have to all believe that at this stage ;)

How about an Owners Club deal on you rather nice kitchen knives (then I promise not to make any rude remarks about Audis ever again)

What did you do to up the horses? Chip?

18ME, too tease. As you have just rid yourself of the lovely R32, could it be the new R36 convertible ?


AnilS.

Originally posted by ploszek
18ME - Face it - you are going to fall in love with the RX8 and cancel the Audi!!! Well - we have to all believe that at this stage ;)

How about an Owners Club deal on you rather nice kitchen knives (then I promise not to make any rude remarks about Audis ever again)

I would love to think that I'll fall in love with the RX8 (I'll find out tomorrow) but I have driven the 420bhp S4, and it's niiiice.:)

I don't like to force sales on people, thats why I have'nt mentioned it before, but I would be willing to offer some sort of deal to RX8 owners on the products that we sell......Any suggestions?

I could offer a set discount off our internet sales but we have featured quite a few deals on their that is cut to the bone like "Global Knives" so a set discount wouldn't work but if anyone wanted to have a look around the site "Kitchenalia" (http://www.kitchenalia.co.uk) and then ask if we could do anything off the product that interested them, then I would be more than happy to do something.;)

Originally posted by Contigo
What did you do to up the horses? Chip?

This is the quote from AmD's site.

Stage 3 Over 400+bhp from our custom remap, Milltek Sports cats, Milltek cat back exhaust system.

Originally posted by AnilS
18ME, too tease. As you have just rid yourself of the lovely R32, could it be the new R36 convertible ?


AnilS.

I've heard that VW may push the size to 3.6 on the next hot MkV platform. Would be interesting if they did do a contertible but I doubt it because of the Audi S4 Cab, due my may sometime before next summer.:cool:

BTW did you get the PM I sent you yesterday or the day before?

Cheers

The 1.8T quattro A4 is 162bhp - I stand corrected..... awsome - how will the haldex cope!

Originally posted by Edo
The 1.8T quattro A4 is 162bhp - I stand corrected..... awsome - how will the haldex cope!

Not anymore, they are 190bhp now, but only 177ft lbs of torque.