The new Vantage?

Author
Discussion

Minglar

1,244 posts

124 months

Sunday 18th February
quotequote all
I think Chris Harris nailed it in the video. It’s the right car but it’s the wrong time. In many ways it was the same situation with DBX which was launched just as Covid took hold of the world. If only this iteration of new Vantage had been launched in 2017 things may have been so much different. AML was still privately owned, no huge debt, and no market scrutiny on every move. The world is so different nowadays with the rise of EVs, political green agendas, tension in the Middle East and elsewhere, concerns over the global economy, relatively high interest rates and yields plus many other factors. It will be interesting to see how many people will actually decide to shell out over £200,000 on one of these. I hope AML sells loads but my gut feeling is that patience will prevail and in a couple of years time you’ll be able to pick one up for less than £150,000. Just look at the prices of the previous limited run V12 Vantage. It has been the case with nearly every single car that Aston Martin has produced over the last twenty years or so and I see no reasons why this one should be any different. Time will tell. BRM.

DMZ

1,413 posts

161 months

Sunday 18th February
quotequote all
I’d say anyone who hasn’t burnt billions on EVs would feel pretty good about now. There was always a counter hype play with cars and Aston Martin can reap the rewards if played well with their more traditional approach. Maybe they should have been better 5, 10, or 20 years ago but at least they seem to have a strategy now. And that tends to be a good start.

I actually kind of like their blurb. Yeah it’s a bit contrived but I get what they are trying to say. Which is pretty much: forget lap times and go out and have a bit of fun.

Jon39

12,894 posts

144 months

Sunday 18th February
quotequote all

DMZ said:
I actually kind of like their blurb. Yeah it’s a bit contrived, but I get what they are trying to say.
Which is pretty much: forget lap times and go out and have a bit of fun.

Oh is that what it all translates to.
I would never have guessed.

I thought AML were seeking young customers, who wear their baseball caps with the peak facing backwards.
When they are dazzled by sunshine, they drop their two phones and use a hand to shield their eyes.
I presume they are trying to avoid sunburnt necks and don't know about sun cream.

Anyway, I did not think I would get along too well with that crowd, so lost interest in buying a new Vantage.
I could forsee trouble at AMOC.

smile


DMZ

1,413 posts

161 months

Sunday 18th February
quotequote all
Perhaps most importantly people are talking and writing about it.

Davil

323 posts

27 months

Monday 19th February
quotequote all
DMZ said:
I actually kind of like their blurb. Yeah it’s a bit contrived but I get what they are trying to say. Which is pretty much: forget lap times and go out and have a bit of fun.
Agree with this. I also enjoyed the two short videos.

The irony is a late model VH V8 mantra is also forget the lap times and go out and have a bit of fun. You’ll have more fun than any modern car for sure as it is so analogue and gives so much feel.

Having said that I would be very keen to get one of the final models of the new new Vantage which will likely mark the end of an era of Aston Martin. Actually I’m keen to get one now and have to stay off the configurator. My main issue is that I have two garage spaces and love both the cars in it. But let’s see in a few years.

Ken Figenus

5,717 posts

118 months

Monday 19th February
quotequote all
I think its fair to compare a V8 with a V8 - even if it has £3k of hot turbos and intercooler bolted on to coax the horses out biggrin

Some semantics by me, but but the earlier figs by Jon do support the notion that a new the 'entry level' Aston now requires a lot more upfront to achieve. I'll be honest that at £200k today v £140 last week l I think its going to be a completely different proposition to the outgoing Vantage, especially with currently unknown residuals. I get the strategy though and don't blame them - sell 1 at £100k profit or 2 at £50k profit - but might make me nervous if the market proves not to be that strong at that £200k price point...

Aside:
£125k for this lovely looking V Volante pre reg - https://www.motors.co.uk/car-70022660/?i=2&m=r... and whilst the pic might be dreadfully underexposed it is framed perfectly to make that grille based nose look good!

raceboy

13,145 posts

281 months

Monday 19th February
quotequote all
I guess the more relevant question with regard to values/buyers is what is going to be the difference in monthly's?
A very quick look on Astons own numbers shows that the current Vantage with an OTR of £160k needs a £42k deposit and £1700 for 3 years before needing an £85k balloon.
Compare them to a DB12 Volante which will set you back £203 OTR, probably a realistic price for the new Vantage and now you need to find an extra £10k for the deposit and £550 a month more then an extra £21k at balloon time.
I think this is going to be the challenge facing new sales, or at least repeat customers. scratchchin

Jon39

12,894 posts

144 months

Monday 19th February
quotequote all

raceboy said:
I guess the more relevant question with regard to values/buyers is what is going to be the difference in monthly's?
A very quick look on Astons own numbers shows that the current Vantage with an OTR of £160k needs a £42k deposit and £1700 for 3 years before needing an £85k balloon.

Compare them to a DB12 Volante which will set you back £203 OTR, probably a realistic price for the new Vantage and now you need to find an extra £10k for the deposit and £550 a month more then an extra £21k at balloon time.

I think this is going to be the challenge facing new sales, or at least repeat customers. scratchchin

Yes, both Ken Figenus and you have clearly shown the considerable extra cost, to become the owner of a (range starter) new Aston Martin.

For existing owners, they might look at that additional cost and think, 'for that much extra money, will I get far more enjoyment, than I already have with my present Aston Martin?


AMV93

864 posts

93 months

Monday 19th February
quotequote all
The challenge Aston have at this price level is their track record of impressive depreciation. It's the same for McLaren, their cars are technically brilliant and right up there with the best of them for capability, however perceived unreliability and a poor dealer network mean their sales are poor and their used values really suffer.

Ferrari, Porsche and Lamborghini get away with selling cars at such high prices as they historically do quite well on depreciation. The market has been skewed the last few years with the covid effect, but the long term trends are there. Their halo/limited cars have also historically done very well and generally commanded 'overs' on the used market, they can dangle the carrot of an exclusive build slot to entice wealthy customers into buying other cars they wouldn't normally (the Porsche GT model). Contrast that with Aston, where they tried to create a hype around the new V12 Vantage, 'special customers' were invited to buy one, however they've already lost over £100k within 12 months. Even the Zagato's netted large losses, the only model that seems to have bucked the trend in recent times is the GT12.

I daresay a lot of owners of older VH cars probably aren't the target market for this car, the challenge for AML is who that target really is. They do seem to always have luck against them, both of these cars launched as the UK hits recession and general global doom and gloom doesn't at all seem to be improving. I like the look of the Vantage pending seeing it in person, but at that price two of my current cars would have to go - it wouldn't be better than either of them at what they currently do so I think it'll have to wait a while to see if my depreciation prediction is correct...

atrossity

31 posts

8 months

Monday 19th February
quotequote all
If AM struggle to sell at the new higher prices, an option to lower the AM entry barrier would be for them to release a 3.0L V6 Vantage with similar performance-per-cylinder as the new model (so about 480bhp?) but at a reduced price. Costs could be cut in other areas for the cheaper model (e.g. interior) and some add-ons could be reserved for the top-of-the-range V8 (e.g. CC brakes, carbon body parts, quad exhaust) to encourage the top buyers to distinguish themselves by going all in.

Dewi 2

1,335 posts

66 months

Monday 19th February
quotequote all

atrossity said:
If AM struggle to sell at the new higher prices, an option to lower the AM entry barrier would be for them to release a 3.0L V6 Vantage with similar performance-per-cylinder as the new model (so about 480bhp?) but at a reduced price.

I expect you are referring to the M-B 3 litre inline 6 cylinder engine.
AML use that in a China only DBX. It fits the taxation circumstances of that country.

To enjoy that silky smooth engine in a new E Class, you need to live anywhere other than the UK.
M-B UK dictate what their (hoped for) customers are allowed to have.

We don't want the V6 Jaguar solution for their F Type.








raceboy

13,145 posts

281 months

Monday 19th February
quotequote all
It's a slippery slope until you end up with the 2.0l 4 cylinder turboed AMG A45 engine in a 'baby' Vantage. paperbag

Minglar

1,244 posts

124 months

Monday 19th February
quotequote all
atrossity said:
If AM struggle to sell at the new higher prices, an option to lower the AM entry barrier would be for them to release a 3.0L V6 Vantage with similar performance-per-cylinder as the new model (so about 480bhp?) but at a reduced price. Costs could be cut in other areas for the cheaper model (e.g. interior) and some add-ons could be reserved for the top-of-the-range V8 (e.g. CC brakes, carbon body parts, quad exhaust) to encourage the top buyers to distinguish themselves by going all in.
If you trawl back to the start of this thread there was some speculation that AML would introduce a smaller engined “entry level” car. Whilst I think it sounds like a good proposition I still maintain that it won’t happen. It’s not going to tie in with LS’s vision of luxury etc etc and it will lower the ASPs too. It may prove to be an error from a business perspective. Only time will tell. But I can’t see it happening at all. Imho there is no such thing as an “entry level” Aston Martin anymore and if LS does bite the bullet and introduce one it will probably be too late by then anyway. BRM.

Jon39

12,894 posts

144 months

Monday 19th February
quotequote all

Minglar said:
If you trawl back to the start of this thread there was some speculation that AML would introduce a smaller engined “entry level” car. Whilst I think it sounds like a good proposition I still maintain that it won’t happen. It’s not going to tie in with LS’s vision of luxury etc etc and it will lower the ASPs too. It may prove to be an error from a business perspective. Only time will tell. But I can’t see it happening at all.
Imho there is no such thing as an “entry level” Aston Martin anymore
and if LS does bite the bullet and introduce one it will probably be too late by then anyway. BRM.

When discussing the new Vantage pricing, I hesitated before referring to the (what is the list price?) £180,000, as the entry level model.
The car in the range, with the lowest price.
What is the best way to refer to that model, Richard?

An Aston Martin that isn't new, is not used, it is Pre-owned.
An Aston Martin Head of Design, is not the Head of Design, he is the President.
An Aston Martin does not have a key, it has an Emotion Control Unit.
Never call a soft top Aston Martin a convertible, it is a Volante, except when it is a Roadster, or if you cannot find the soft top when it begins to rain, it could be a Speedster.
The cheapest new Aston Martin in the range, must never be called entry level and neither is it cheap.
So what is the polite name now, for the model shown first, in a price ascending order of models list ?

Even Rolls Royce must have a starting price.



Minglar

1,244 posts

124 months

Monday 19th February
quotequote all
Jon39 said:

Minglar said:
If you trawl back to the start of this thread there was some speculation that AML would introduce a smaller engined “entry level” car. Whilst I think it sounds like a good proposition I still maintain that it won’t happen. It’s not going to tie in with LS’s vision of luxury etc etc and it will lower the ASPs too. It may prove to be an error from a business perspective. Only time will tell. But I can’t see it happening at all.
Imho there is no such thing as an “entry level” Aston Martin anymore
and if LS does bite the bullet and introduce one it will probably be too late by then anyway. BRM.

When discussing the new Vantage pricing, I hesitated before referring to the (what is the list price?) £180,000, as the entry level model.
The car in the range, with the lowest price.
What is the best way to refer to that model, Richard?

An Aston Martin that isn't new, is not used, it is Pre-owned.
An Aston Martin Head of Design, is not the Head of Design, he is the President.
An Aston Martin does not have a key, it has an Emotion Control Unit.
Never call a soft top Aston Martin a convertible, it is a Volante, except when it is a Roadster, or if you cannot find the soft top when it begins to rain, it could be a Speedster.
The cheapest new Aston Martin in the range, must never be called entry level and neither is it cheap.
So what is the polite name now, for the model shown first, in a price ascending order of models list ?

Even Rolls Royce must have a starting price.
smile Fair enough Jon. I don’t really know the answer to your question, but I suspect if you email the AML Marketing Department and ask for clarification their reply will not include the words “entry level”. If it does I will make a donation to the charity of your choice. BRM.

volvodrummer

94 posts

34 months

Monday 19th February
quotequote all
I agree that the new Vantage’s base MSRP is a bit eye-watering, but, adjusted for inflation the original MSRP of a Vantage in 2006 ($110k) would be $168k today. Really that different?

Jay_Davis

272 posts

179 months

Monday 19th February
quotequote all
Just priced one out today. I don't think its the base price that's too horribly high given all the improvements over the current car. But the options cost dives it way up there and puts it in a price category where it doesn't belong.

The real issue is that the market will determine the value. Their price isn't bad if people are willing to pay a decent amount for used ones. But if the market values that car much lower, that will be reflected in the used prices, and the resulting massive depreciation will drag down new sales.

On the bright side, I don't think its going to hurt resale values on any current vantage that's more than a couple of years old.

Jon39

12,894 posts

144 months

Monday 19th February
quotequote all

Minglar said:
smile Fair enough Jon. I don’t really know the answer to your question, but I suspect if you email the AML Marketing Department and ask for clarification their reply will not include the words “entry level”. If it does I will make a donation to the charity of your choice. BRM.

I don't think it would be worthwhile for me to ask the AML Marketing Department anything these days.
There is only one poster on here, who possesses the ability, to translate what they say and I cannot remember who it is.

He translated a load of their twaddle into, 'forget lap times, but drive and think about nose hairs'.
Quite how that encourages someone to willingly hand over £200,000, still remans a mystery to me.

Although partly used when the Vantage was first launched, we could try calling it 'the ultra-baby model'.
It makes it reasonably clear, that it must be the cheapest one of the range, with ultra signifying the price.

smile

Jon39

12,894 posts

144 months

Monday 19th February
quotequote all

volvodrummer said:
I agree that the new Vantage’s base MSRP is a bit eye-watering, but, adjusted for inflation the original MSRP of a Vantage in 2006 ($110k) would be $168k today. Really that different?

You appear to have missed the UK discussion conclusion about pricing, on page 24.

Out of interest, what is the US$ OTR price of the new model Vantage, including the usually required options?
$250,000 possibly.



Edited by Jon39 on Monday 19th February 23:18

volvodrummer

94 posts

34 months

Monday 19th February
quotequote all
Jon39 said:

You appear to have missed the UK discussion conclusion about pricing, on page 24.

Out of interest, what is the US$ OTR price of the new model Vantage, including the usually required options?
$250,000 possibly.



Edited by Jon39 on Monday 19th February 23:18
It appears I did. I haven't seen the official US base price, but I believe it was supposed to be in the ballpark of the $180k? Not that far off the inflation adjusted base price from 2006. I'm sure it will be very easy to spec' a Vantage over $200k

Curious to see some real listings or orders.