and this is why you get a PPI done

[Buster]

Owner probably paid cash for the repairs, then did a quick trade-in. Clean carproof:

http://i.imgur.com/t5jc5RI.jpg


But paint inspection (which I had to pay extra for btw)-

http://i.imgur.com/ye0xIfo.jpg

[ExtraSlow]

On a 2015 R8, totally worth it to do a full inspection, including paint thickness.

[revelations]

How much of a drop in price is something like that going to fetch?

[btimbit]

Interesting, thanks for sharing

[shakalaka]

Did you ask the dealership you were buying the car from to perform the PPI?

[Buster]

Originally posted by revelations
How much of a drop in price is something like that going to fetch?

Not sure yet. I'm somewhere between "not interested at any price" to "okay this is going to cost them a lot".

I'm going to talk to the tech to see what his thoughts are. And maybe put it though a body-shop inspection to see what a pro thinks.

But this is a special edition, numbered car that had an original MSRP of mid-200s. So even a modest hit on its value due to this is likely going to be tens of thousands. Unless they can find someone who doesn't care or doesn't check.

[Buster]

Originally posted by shakalaka
Did you ask the dealership you were buying the car from to perform the PPI?

No, it was a different brand of luxury dealer that took it in on trade.

[Tik-Tok]

Originally posted by Buster
Owner probably paid cash for the repairs, then did a quick trade-in.

Or it happened at the dealership pre-purchase.

[bjstare]

Hope this works out for ya man, shitty to see that come up!

[Hallowed_point]

That is some shady business, reminds me of the VW I bought with the obvious non factory hood/front end paint "clean title."

But that was my first car/kijiji.

[speedog]

Originally posted by Buster


Not sure yet. I'm somewhere between "not interested at any price" to "okay this is going to cost them a lot".

I'm going to talk to the tech to see what his thoughts are. And maybe put it though a body-shop inspection to see what a pro thinks.

But this is a special edition, numbered car that had an original MSRP of mid-200s. So even a modest hit on its value due to this is likely going to be tens of thousands. Unless they can find someone who doesn't care or doesn't check.

You know the saying, there's a sucker born every minute. If you pass, there will be someone else.

[Mitsu3000gt]

What did the owner/dealer say when you asked them if it had any accidents or work done to it? If they lied to you I would leave it alone because 9/10 times it's the tip of the iceberg and they are lying about lots more.

[rx7boi]

Just another example of how Carproof means dick all.

You can have an insurance claim on a car but it still depends if the repair shop reports their work on record.

Good due diligence!

[Swank]

And the odometer was rolled back ~1 year of driving +6048 KM :confused:

[Buster]

Originally posted by Mitsu3000gt
What did the owner/dealer say when you asked them if it had any accidents or work done to it? If they lied to you I would leave it alone because 9/10 times it's the tip of the iceberg and they are lying about lots more.

The dealer said they didn't know. I almost half believe them. It's just not worth it.

[Buster]

Originally posted by speedog


You know the saying, there's a sucker born every minute. If you pass, there will be someone else.

I'm disappointed. I've been on the hunt for an R8 for a while now, and it's been a pain in the ass.

This was a very special car, as it is an LM edition. They made 8 for Canada, one in each color, so it's a 1 of 1, in some ways. No kijiji beater here.

Back to the drawing board.

[Sugarphreak]

...

[Mitsu3000gt]

Originally posted by Buster


The dealer said they didn't know. I almost half believe them. It's just not worth it.

I'd forget it personally, too risky and most dealers are shady AF.

Sorry to hear that though man, sounds like a super awesome (rare) version.

[Buster]

Originally posted by Mitsu3000gt


I'd forget it personally, too risky and most dealers are shady AF.

Sorry to hear that though man, sounds like a super awesome (rare) version.

Here's a video of the actual car that a car-spotter shot in Toronto.

Xc-Pg6503SY

The LM was a highly lightened version of the R8, with a bump to 570hp, more carbon interior bits, and a bunch of other stuff.

[Mitsu3000gt]

That looks amazing.

[Chester]

Looks nice but I wouldn't chance it with that type of car.

[heavyD]

What are you complaining about? The new paint is thicker.;)

[you&me]

A surprisingly high number of sports cars and exotics have some paintwork. Minor touch-ups that are good enough for a family car aren't sufficient for a $200k+ shiny red sports car. The key is what was the cause of the paintwork?

A door-ding, a child's bike falling against it, scorned woman... all plausible reasons a car would have some paint that shouldn't otherwise turn you off buying the car. Think about it - if it was (already) your car, what would you do? Not paint it? It can't be forgotten that a number of cars are damaged during delivery to the original selling dealer; there's a good chance that's the case here and neither the previous owner or Jag dealer knew anything about it.

If, however, the repaint was due to an accident or other more significant damage, then you have more reason to seek compensation, or simply walk away.

Frankly, if you're specifically seeking an LM, everything else checks out and there's no sign of significant damage, there's no reason to walk away from a rare opportunity like this.

[you&me]

Looks like the car has hit Autotrader -

http://www.autotrader.ca/a/Audi/R8/Waterloo/Ontario/5_31254297_20130711123519272/?ursrc=hl&showcpo=ShowCPO&orup=1_15_7

Interestingly, there are two other 2015 R8 LMs on the market, both asking ~15% more than the Red car. Perhaps that indicates the seller is already taking any prior paintwork into consideration with their pricing. Strange that 3 of the 8 are on the market...

[Maxx Mazda]

What is the LM edition all about?

[spike98]

Originally posted by you&me
Looks like the car has hit Autotrader -

http://www.autotrader.ca/a/Audi/R8/Waterloo/Ontario/5_31254297_20130711123519272/?ursrc=hl&showcpo=ShowCPO&orup=1_15_7

Interestingly, there are two other 2015 R8 LMs on the market, both asking ~15% more than the Red car. Perhaps that indicates the seller is already taking any prior paintwork into consideration with their pricing. Strange that 3 of the 8 are on the market...

Or they are not real ad's put up to make it seem like a deal...i think we've seen that before.

[born2workoncars]

Originally posted by Maxx Mazda
What is the LM edition all about?


Originally posted by Buster

The LM was a highly lightened version of the R8, with a bump to 570hp, more carbon interior bits, and a bunch of other stuff.

[Buster]

Originally posted by you&me
Looks like the car has hit Autotrader -

http://www.autotrader.ca/a/Audi/R8/Waterloo/Ontario/5_31254297_20130711123519272/?ursrc=hl&showcpo=ShowCPO&orup=1_15_7

Interestingly, there are two other 2015 R8 LMs on the market, both asking ~15% more than the Red car. Perhaps that indicates the seller is already taking any prior paintwork into consideration with their pricing. Strange that 3 of the 8 are on the market...

The yellow one isn't an LM. Not sure why the guy thinks he can trick people. The blue one has been for sale since they came out. The dealer is being dumb.

The LM is mostly a marketing exercise. Think of it as a PlusPlus. It's not as collectible as a real special edition like a scuderia or something.

When I'm shopping for a car I consider the asking price mostly irrelevant to my assessment.

[Buster]

Originally posted by you&me
A surprisingly high number of sports cars and exotics have some paintwork. Minor touch-ups that are good enough for a family car aren't sufficient for a $200k+ shiny red sports car. The key is what was the cause of the paintwork?

A door-ding, a child's bike falling against it, scorned woman... all plausible reasons a car would have some paint that shouldn't otherwise turn you off buying the car. Think about it - if it was (already) your car, what would you do? Not paint it? It can't be forgotten that a number of cars are damaged during delivery to the original selling dealer; there's a good chance that's the case here and neither the previous owner or Jag dealer knew anything about it.

If, however, the repaint was due to an accident or other more significant damage, then you have more reason to seek compensation, or simply walk away.

Frankly, if you're specifically seeking an LM, everything else checks out and there's no sign of significant damage, there's no reason to walk away from a rare opportunity like this.

Quite likely it's nothing. But I'm not willing to take those kind of risks myself. Target fixation is costly. I wasn't in the market for an LM...Just a regular V10. I said if they hit my price I'd pull the trigger. But at these numbers you are starting to get within spitting distance of where the gen2 models will start to show up on the secondary market.