DB9 Volante residual values..... Mileage or Year

DB9 Volante residual values..... Mileage or Year

Author
Discussion

tarks63

Original Poster:

326 posts

218 months

Wednesday 26th October 2011
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Given the option can you boffins tell me what you think would be the best long term option for residual value.I think I have decided to go for the DB9 Volante over the V8V roadster despite some people trying to persuade me otherwise.
I would probably keep the car for 2 or 3 years and do around 4k per annum.
The two cars I am considering are a 56 plate 17k miles 1 Owner FAMSH private or 2007 39k miles 1 yrs warranty with an Aston Martin dealer.Both the same price around £50k give or take a couple hundred pounds.Both similar spec,condition and same colour.Dealer car does have the red calipers which sadly do it for me!!!
You wise and intelligent advice is welcomed with open arms again.

George H

14,707 posts

164 months

Wednesday 26th October 2011
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Good choice going for the DB9 over the V8V smile

Don't buy on mileage, have a look at them both and buy on condition. Since you are only going to be doing little mileage, I would probably edge towards the dealer car.

hartley

703 posts

199 months

Wednesday 26th October 2011
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2007 spec has different seats and higher standard spec I think - try the seats before you buy -if you are selling in 2 years time the mileage difference will effect the price a bit -5k ish ?

yeti

10,523 posts

275 months

Wednesday 26th October 2011
quotequote all
Tough one... In 3yrs time one will be on 30k miles, the other pushing 50k. If you were doing 1500miles/year it'd be more clear cut, the leggier car would become less so.

That will affect value considerably but not sure whether the differences between a 2006 and 2007 model will have the same impact on value.

I'd err toward the 2007 with the dealer warranty, nicer seats, more kit and red calipers! This is probably the wrong choice in terms of money though. Miles are still so important to many buyers.

Though you can change caliper colour so don't let that be a factor!

toofastforme

119 posts

170 months

Wednesday 26th October 2011
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I worried about residual values when I bought my first Aston. It didn't take long before I was finding excuses to spend more money on another one... then another one...

yeti

10,523 posts

275 months

Wednesday 26th October 2011
quotequote all
toofastforme said:
I worried about residual values when I bought my first Aston. It didn't take long before I was finding excuses to spend more money on another one... then another one...
Can't argue with that. Thought carefully and bought carefully with my DB7. Or so I thought! Needed work, spent tons on upgrades then I had to sell in a hurry to get the DB9 - lost 1/3 of it's value in a year, this on an 8yr old car as well...

Have given up caring what happens when I sell my DB9, but that's because I don't intend to! But if you're intending to sell in couple of years... it probably has to be the lowest mileage car. My opinion only.

Jockman

17,917 posts

160 months

Thursday 27th October 2011
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Mr le Yeti.

Am I reading this correctly ??

Are you recommending BOTH cars to OP ?? smile

George H

14,707 posts

164 months

Thursday 27th October 2011
quotequote all
Jockman said:
Mr le Yeti.

Am I reading this correctly ??

Are you recommending BOTH cars to OP ?? smile
It really is the obvious solution hehe

LordBretSinclair

4,288 posts

177 months

Thursday 27th October 2011
quotequote all
Residuals - Aston Martin. Bit of an oxymoron.

Buy it, love it, drive it and don't worry about the residuals. As others have said you'll get hooked and financial considerations will take a back seat.

michael gould

5,691 posts

241 months

Thursday 27th October 2011
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LordBretSinclair said:
Residuals - Aston Martin. Bit of an oxymoron.

Buy it, love it, drive it and don't worry about the residuals. As others have said you'll get hooked and financial considerations will take a back seat.
so very true........anyway if your paying 50k for a DB9 its already lost 55% of its value......if you can't afford to loose a further 3-5k per year, your buying the wrong car.....perhaps a 5 year old KIA might be worth a look at, you might only drop £500 a year on that smile

yeti

10,523 posts

275 months

Thursday 27th October 2011
quotequote all
Jockman said:
Mr le Yeti.

Am I reading this correctly ??

Are you recommending BOTH cars to OP ?? smile
I probably am! When I had my choice of car, it was precisely one - the only green manual Volante I'd ever seen at the time. If there had been two as the OP has options on, I'd have struggled but probably bought the dealer car in the end. The 'better' seats are subjective and low miles are irrelevant for a car I intend to keep long-term.

MarlonM

141 posts

222 months

Thursday 27th October 2011
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Two points here:

1. As someone alluded to above, 2007 MY and after have MUCH better seats than the early cars. I had a 2005 DB9 coupe that I sold and now have a 2007 V8V. I couldnt stand the seats in the DB9, they made my sciatica worse, but the newer seats are much better with lower back support. Give both a go, you may well be fine in the older seats!

2. Residuals. I lost £8k in less than a year on my DB9 when I p/ex it for the V8V, I attempted a private sale but these cars are hard to shift privately, people want warranty (which mine did have), finance etc. Buyers also assume that private sellers are more than happy to pratically give the car away. Be careful what you by, if she will be a 'keeper' then there is no need to worry, but Id budget to lose a minimum of £6-7k a year on a £50k DB9.

Best of luck, the DB9 is a brilliant car, especially with the valves opened, the V12 sounds glorious, even better than the V8, which is itself a great sound! Also Astons get the 'right' kind of attention, unlike some Italian exotica....

yeti

10,523 posts

275 months

Thursday 27th October 2011
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MarlonM said:
Id budget to lose a minimum of £6-7k a year on a £50k DB9.
Oof! So you think £29k for a 2007 DB9 in three years? I hope you're wrong... But you are probably right as the replcement will be coming out by then. What will a £30k (now) DB9 be worth? Surely can't drop much more..?

dmhort23

236 posts

150 months

Wednesday 2nd November 2011
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I was looking recently at an 06 DB9 Volante with 59k on the clock, AM dealer wanted £44k for it and reckoned at 5-7k miles a year it would still fetch £25k plus in three years time!

yeti

10,523 posts

275 months

Wednesday 2nd November 2011
quotequote all
dmhort23 said:
I was looking recently at an 06 DB9 Volante with 59k on the clock, AM dealer wanted £44k for it and reckoned at 5-7k miles a year it would still fetch £25k plus in three years time!
Sounds about right with 80k on the clock. As long as it's been well serviced and looked after, no dramas owning a car like that. What a car that will be for the money in a few years. Wonder what a DB7 Volante will be worth by then?

LordBretSinclair

4,288 posts

177 months

Wednesday 2nd November 2011
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yeti said:
Wonder what a DB7 Volante will be worth by then?


I'm not thinking about it - just driving and enjoying it. IMHO if residual values are your main source of concern you're buying the wrong car.


yeti

10,523 posts

275 months

Wednesday 2nd November 2011
quotequote all
LordBretSinclair said:
I'm not thinking about it - just driving and enjoying it. IMHO if residual values are your main source of concern you're buying the wrong car.
Well said LBS smile

I was only thinking out loud as I'd quite like one again! Would get a manual this time though.

dmhort23

236 posts

150 months

Wednesday 2nd November 2011
quotequote all
yeti said:
Well said LBS smile

I was only thinking out loud as I'd quite like one again! Would get a manual this time though.
Couldnt agree more, I didnt by mine to worry about reidual, I bought it for sheer driving pleasure and an excuse to get out of doing household chores!

barrieeld

528 posts

216 months

Sunday 27th July 2014
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Hi guys!

Just thought the below may be applicable, this db9 can be bought prior to auction for a shy over £30k making it the cheapest in the uk by over 10k!!!

Very tempted...

http://www6.amstock.co.uk/morrisleslie/StockDetail...

nw28840

985 posts

179 months

Sunday 27th July 2014
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Thee was a 55 plate DB9 Volante for sale privately on pistonheads at the end of 2013 for £32k and had 50,000 miles on the clock ( black on black). Car was in West London, nice area , nice house , in good condition with a decent service history , dealer and respected Independent. Had a couple of issues , scratch on rear panel ( looked like it had been key'd )

I agreed a deal with the seller for £29.5k and we agreed that I would transfer the money the day after next as I was going away for a golf trip for one night on the Saturday. I called him several times on the Sunday to transfer the money , no answer....alarm bells started to ring. I sent him a couple of text messages and finally got a reply on the Sunday evening, he had sold the car to a buyer on the Saturday for £30k but was adamant it wasn't actually sold yet. He fobbed me off for two more days and then admitted it was sold....I wished him lick with his next purchase ( he was planning on buying a Ferrari ) and said I hope the Seller he buys from is a little more honourable than he was.

Just to be clear, he accepted the £29.5k offer and agreed to a bank transfer over the weekend and collection on the Monday.

I spoke to both the dealership and the Independent that looked after the car and there were no scary points. It also came within winter wheels and tyres.

I think £50k is way overpriced for the pre-facelift car.......