Move over Porsche. The Audi R8 is a compact, sleek sports car described by Audi as ‘awe-inspiring from every angle’. Semantics aside, the visible engine through the window is nothing short of spectacular, boasting a subtle power alongside low running costs and an elegant exterior.
You’re probably thinking that premiums for this model will be horrendously expensive but keep reading to find out the average cost and how you could save.
Audi R8 insurance groups and cost by driver’s age
When it comes to car insurance, all vehicles are given a specific insurance group that ranges from group 1 (cheapest) to group 50 (most expensive) which helps determine the cost of your premium. Audi R8 models belong to insurance group 50.
You can find the insurance group, and likely cost, of your Audi R8 model in the table below.
Model / Version | Group (1-50) | Age 20yrs | Age 30yrs | Age 40yrs | Age 50yrs | Link |
---|---|---|---|---|---|---|
5.2 FSI V10 Quattro 2d S Tronic | 50 | £16,407 | £2,537 | £1,889 | £1,807 | Get Quote |
5.2 FSI V10 Quattro 2dr S Tronic [Comfort+Sound] 2d | 50 | £16,407 | £2,537 | £1,889 | £1,807 | Get Quote |
Rear Wheel Series 5.2 FSI 540PS S Tronic auto 2d | 50 | £16,407 | £2,537 | £1,889 | £1,807 | Get Quote |
V10 540PS RWD S Tronic auto 2d | 50 | £16,407 | £2,537 | £1,889 | £1,807 | Get Quote |
V10 570PS Quattro S Tronic auto 2d | 50 | £16,407 | £2,537 | £1,889 | £1,807 | Get Quote |
5.2 FSI V10 Plus Quattro 2d S Tronic | 50 | £16,407 | £2,537 | £1,889 | £1,807 | Get Quote |
5.2 FSI V10 Quattro Performance 2dr S Tronic [C+S] 2d | 50 | £16,407 | £2,537 | £1,889 | £1,807 | Get Quote |
V10 Performance 620PS Quattro S Tronic auto 2d | 50 | £16,407 | £2,537 | £1,889 | £1,807 | Get Quote |
5.2 FSI V10 Quattro Perf Carb Bk 2dr S Tronic[C+S] 2d | 50 | £16,407 | £2,537 | £1,889 | £1,807 | Get Quote |
Carbon Black V10 Performance 620PS Quattro S Tronic auto 2d | 50 | £16,407 | £2,537 | £1,889 | £1,807 | Get Quote |
Decennium Edition V10 Performance 620PS Quattro S Tronic auto 2d | 50 | £16,407 | £2,537 | £1,889 | £1,807 | Get Quote |
Average insurance rates for an Audi R8
On average, an Audi R8 can be insured in the UK with a comprehensive policy for a monthly sum of £147.36 – or a single annual payment of £1624.56. These results were calculated by aggregating car insurance quotes from a variety of companies.
Audi R8 insurance cost by location
The table above shows the average cost of Audi R8 insurance based on insurance groups and driver age. However, there are a number of other factors that affect the cost of your car insurance premiums, one of the biggest being your location.
To show the power of the postcode, here are some average quotes for a 30-year-old living in three different locations. The quotes are for a Audi R8 5.2 FSI V10 Quattro 2d S Tronic.
- Expensive: £5,145 (London SE1)
- Average: £2,537 (Newcastle NE1)
- Cheap: £2,590.94 (Galashiels TD1)
Which factors affect my Audi R8 insurance rate?
Along with insurance group, there are a number of key factors that have the biggest impact on your insurance premium costs:
- Engine type and capacity. In general, the bigger the engine, the higher the cost of your insurance. As the Audi R8 models all come with a 5.2-litre engine, there is no reason to do a comparison between the models to see the impact engine size has on insurance quotes.
- Driver location. Where you live helps determine the level of risk that your car may be stolen or you’ll be involved in an accident, and this affects the cost of insurance. For example, a 30-year-old in central London may pay £5,145 for insurance for a Audi R8 Rear Wheel Series 5.2 FSI 540PS S Tronic auto 2d, while the same 30-year-old in Newcastle may only pay £2,537.
- Driver age. The younger you are, the more risk you represent to insurers, and the more you’re likely to pay for insurance. The average 20-year-old driver in London may pay £42,524 for the Audi R8 5.2 FSI V10 Quattro 2d S Tronic, while the average 40-year-old Londoner will only pay £4,234.
Other factors that influence the cost of your insurance include:
- Your marital status
- Your credit history and job
- Your car’s safety rating score
- The model of your car
- The age of your car
- Your car’s security and any extra anti-theft precautions
- Annual miles driven
- Your driving history and activity
- No claims discount
How can I save on my Audi R8 premiums?
Whilst car insurance is a necessary legal requirement, you don’t want it leaving you with an empty bank account. When searching for insurance, you’ll want to find the best deal for a price that’s within your budget. There are some tricks you can try in order to lower the cost of your premium, and we’ve listed them below.
- Limit your car usage (where possible). Occasionally deciding to walk or get public transport, rather than using your car, can help to save on your premiums.
- Pay annually rather than monthly. Whilst it might be scary to part with a large sum of money in one go, by paying annually you can save an average of £59.52 a year.
- Install extra safety precautions. The safer your car is, the less of a risk it will be for companies to insure. By adding extra safety measures, you’re quite likely to lower your premium.
- Don’t just accept your renewal quote. Although it might be time consuming, when it’s time for renewal make sure you shop around and don’t just settle for the renewal price given to you – there may be cheaper options out there!
Facts about Audi and R8
- The name ‘Audi’ is actually the Latin translation of Audi’s founder, August Horch. In English, his surname translates to ‘Listen’ – in Latin, it becomes ‘Audi’.
- Audi only opened a manufacturing plant in North America in 2016.
- Audi was a pioneer in dual-clutch transmission. They first made an appearance in Audi rally cars during the 1980s.
Bottom line
The Audi R8 is a dream car, but you’ll pay through the nose to insure it. With that said, you can use the tips in this guide to reduce your premiums.
Frequently asked questions
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