Deals on DB's and V8's

[Facel Vega]

Ok guys I have been looking for a manual 07 V8 for about 6 weeks now. In this time some of the main dealers have reduced their cars twice £3000-£6000. I know a new car is out in July and there are more sportsshift cars about but how low are these cars going to go? I can't afford to take another huge hit on a car but for instance the car I like is 18 months old £90,000+ new, now £66,000 nearly no miles? Sounds like a great deal. I am also buying cash so would be happy to buy private but private cars seem as much, if not more expensive than main dealers?

Edited by Facel Vega on Wednesday 21st May 11:43

[cardigankid]

if you don't want to take a hit on a car then either don't buy it or don't sell it.

[Murph7355]

cardigankid said:

if you don't want to take a hit on a car then either don't buy it or don't sell it.

Agreed.

Same goes for pretty much any modern car right now.

[limpsfield]

I have been tracking second hand v8 vantage prices for a couple of months as I am going to buy in early July and there is a definite sticking point for the cheapest at £59,950 - although this one has dropped by a whole fiver in that period to £59,945...

http://dws.keycast.com/DWS/CF/templates/app_a/PDF....

But as mentioned above, if you are that worried about depreciation then buy a £500 volvo.

I love the V8V, have a real problem in parting with cash (current car is a six grand Alfa) but I am 40 at the end of July so my attitude is haggle like mad - but just do it. I can't see them nosediving in value but if a car this desirable does then so will all the others which makes the next purchase cheaper....

I keep repeating the last sentence every hour and now I believe it.

Edited by limpsfield on Wednesday 21st May 21:40

[Murph7355]

When I bought mine I reckoned it would be worth ~45k-48k after 3yrs and 30k miles or so. That one's 2.5yrs old with a lot less miles for just under 60k, so I suspect I'll be pretty much on the money, or maybe slightly better.

[limpsfield]

Murph7355 said:

When I bought mine I reckoned it would be worth ~45k-48k after 3yrs and 30k miles or so. That one's 2.5yrs old with a lot less miles for just under 60k, so I suspect I'll be pretty much on the money, or maybe slightly better.

I think slightly better Murph. Cheapest private offered on Autotrader with less than 40,000 miles is still £54k with most stil above this.

http://search.autotrader.co.uk/es-uk/www/cars/ASTO...

A very helpful vantage owner off here made the point via email that even though there is the new one out in the summer, the significant price hike over the existing model could still keep second hand demand healthy.

Edited by limpsfield on Wednesday 21st May 22:30

[whoami]

limpsfield said:

Murph7355 said:

When I bought mine I reckoned it would be worth ~45k-48k after 3yrs and 30k miles or so. That one's 2.5yrs old with a lot less miles for just under 60k, so I suspect I'll be pretty much on the money, or maybe slightly better.

I think slightly better Murph. Cheapest private offered on Autotrader with less than 40,000 miles is still £54k with most stil above this.

http://search.autotrader.co.uk/es-uk/www/cars/ASTO...

A very helpful vantage owner off here made the point via email that even though there is the new one out in the summer, the significant price hike over the existing model could still keep second hand demand healthy.

Edited by limpsfield on Wednesday 21st May 22:30

I am considering swapping my 07 for the new 09MY and have been told to expect a £5K price hike so (if accurate) not really that significant a rise.

[bogie]

its the 'cost to change' which puts me off . I paid £73K for my Jan06 car, when it was 1 year old and 6K on the clock. Now its got 29K on it so the bottom end of things. Say I get £50K trade in at the end of the year when its nearly 3 yrs/35K miles etc then I need another £50K just to get the same car, with slightly more poke...thats it really...double the cash for not much extra IMO, when the one I have is perfectly good for another 3 or 4 years at least.

So unless the typical owner of these cars is truly a multi millionaire and doesent have to work for a living then I find it hard to believe that other owners will stump up 2x what their car is worth for essentially the same car?...so AM will have to attract new buyers....

..Maybe its me being too 'tight', and im sure this is par for the course at this end of the market, but I can think of better things to do with £50K !...like buy another, completely different car to have fun in ...I.e.having 3 x 50K different cars, 2-3 years old each, rather than this years latest model each year at £120-150K (that you are worried about putting mileage on) is my way of thinking