Aston DBS - first time buyer

Aston DBS - first time buyer

Author
Discussion

woolders

873 posts

157 months

Monday 24th March 2014
quotequote all
George29 said:
Off topic but that blue Vanquish they have for sale looks seriously good. As does the Mako blue DBS Volante yum
The same colour scheme as my DB9 George. Your taste isn't too bad for a Northern Git.

George29

14,707 posts

164 months

Monday 24th March 2014
quotequote all
woolders said:
The same colour scheme as my DB9 George. Your taste isn't too bad for a Northern Git.
It's taken you this long to learn of my impeccable taste Woolders?

V8 Animal

5,922 posts

210 months

Monday 24th March 2014
quotequote all
What's the point of buying a car there hardly a investment unless you buy a Sagaris.

Jockman

17,917 posts

160 months

Monday 24th March 2014
quotequote all
fusion7 said:
Ideally looking to put 90k behind this - I could afford the one in the link you've provided but the hit is quite possibly going to be quite hard if I churn in three years as I plan to vs. a car bought at 90k, or am I looking at this all wrong?
As a prospective owner you are right to be doing your homework, so don't feel awkward asking pertinent question nono

At 90k, the hit is going to be hard anyway over 3 years - I spent the same and my hit was £34k some 3.5 years later. In the meantime, I had a wonderful experience and met a lot of top people on this forum, many of whom I fully intend stalking for many years to come yes

Oh, and I became an alcoholic.

Indeed, the only reason I sold the DB9 was down to a disastrous financial decision I made but, hey, for better for worse...for richer for poorer etc biggrin

Laser Sag

2,860 posts

243 months

Monday 24th March 2014
quotequote all
V8 Animal said:
What's the point of buying a car there hardly a investment unless you buy a Sagaris.
Just sold one of those, having a lovely car is about more than worrying whether it will loose or make money. Buy it because you like it and want to enjoy it just don't waste money on one that is overpriced.

fusion7

Original Poster:

19 posts

121 months

Monday 24th March 2014
quotequote all
Laser Sag said:
Just sold one of those, having a lovely car is about more than worrying whether it will loose or make money. Buy it because you like it and want to enjoy it just don't waste money on one that is overpriced.
Yes that's my key concern - my ignorance about the cars in general that could lead to the wrong decision. Happy to spend the money but want it to be on the right one hence all the questions.

fusion7

Original Poster:

19 posts

121 months

Monday 24th March 2014
quotequote all
Jockman said:
As a prospective owner you are right to be doing your homework, so don't feel awkward asking pertinent question nono

At 90k, the hit is going to be hard anyway over 3 years - I spent the same and my hit was £34k some 3.5 years later. In the meantime, I had a wonderful experience and met a lot of top people on this forum, many of whom I fully intend stalking for many years to come yes

Oh, and I became an alcoholic.

Indeed, the only reason I sold the DB9 was down to a disastrous financial decision I made but, hey, for better for worse...for richer for poorer etc biggrin
I guess you're right - one of those things. Scary thought though that a 90k dbs now with 9k more miles in 3 years could be worth 55k.

Jon39

12,826 posts

143 months

Monday 24th March 2014
quotequote all

Jockman said:
I had a wonderful experience and met a lot of top people on this forum ...

Oh, and I became an alcoholic.

a disastrous financial decision I made but, hey, for better for worse...

Could there possibly be any connection, between these three events?

Jockman

17,917 posts

160 months

Monday 24th March 2014
quotequote all
fusion7 said:
I guess you're right - one of those things. Scary thought though that a 90k dbs now with 9k more miles in 3 years could be worth 55k.
I put 21,000 miles on mine so not a completely accurate analogy tbh.

And they were all high speed miles yes

Jockman

17,917 posts

160 months

Monday 24th March 2014
quotequote all
Jon39 said:

Could there possibly be any connection, between these three events?
scratchchin

You could've stumbled upon something there, Jon.

Trying to drink a Rothschild Lafite at the moment whilst the wife is watching One Born Every Minute. Is there >really< a need for such graphic detail? hurl

Jon39

12,826 posts

143 months

Monday 24th March 2014
quotequote all

fusion7 said:
I guess you're right - one of those things.
Scary thought though that a 90k dbs now with 9k more miles in 3 years could be worth 55k.

That is only half-scary.

There was mention here a while back of a new Vanquish buyer, who after just 9 months did not like the car and wanted to sell.

What is that saying that powerboat racers use? smile

You could try a Vantage if you want an Aston Martin with possibly lower depreciation, or ask RichB whose Aston increases in value each day (but you do need to know about something called grease nipples).


Laser Sag

2,860 posts

243 months

Tuesday 25th March 2014
quotequote all
fusion7 said:
Laser Sag said:
Just sold one of those, having a lovely car is about more than worrying whether it will loose or make money. Buy it because you like it and want to enjoy it just don't waste money on one that is overpriced.
Yes that's my key concern - my ignorance about the cars in general that could lead to the wrong decision. Happy to spend the money but want it to be on the right one hence all the questions.
Those in the know will be able to provide advice on whether cars are on the money or overpriced but when it comes to depreciation then unless you are prepared to loose 30,000 to 50,000 over 3 years then try one of the models that has already seen most of its depreciation already.

franki68

10,391 posts

221 months

Tuesday 25th March 2014
quotequote all
I wouldn't buy a car with 30k miles for 100k.
From a depreciation point of view ,the values have held up very well the last year and whilst they will depreciate car with low miles and the right colour will depreciate at a relatively slow rate for these types of car.
I've had mine 2 years and if I traded it in it would have cost me £12k in depreciation in 2 yers which I think is good for these sort of cars.I strongly believe that manual versions will be in a few years considered classics and will start appreciating.

Laser Sag

2,860 posts

243 months

Tuesday 25th March 2014
quotequote all
franki68 said:
I wouldn't buy a car with 30k miles for 100k.
From a depreciation point of view ,the values have held up very well the last year and whilst they will depreciate car with low miles and the right colour will depreciate at a relatively slow rate for these types of car.
I've had mine 2 years and if I traded it in it would have cost me £12k in depreciation in 2 yers which I think is good for these sort of cars.I strongly believe that manual versions will be in a few years considered classics and will start appreciating.
Mark that seems amazing for the value of car, have you had a part exchange quote recently or is that based on your thoughts and did you buy exceptionally well in the first place?

franki68

10,391 posts

221 months

Tuesday 25th March 2014
quotequote all
Laser Sag said:
Mark that seems amazing for the value of car, have you had a part exchange quote recently or is that based on your thoughts and did you buy exceptionally well in the first place?
quote yesterday from a dealer,I bought it ok,also haveto say it was the nicest one by a distance I saw when I was looking,colour/condition etc.


Edited by franki68 on Tuesday 25th March 12:46

Phil74891

1,067 posts

133 months

Tuesday 25th March 2014
quotequote all
With my Vantage, I bought it nearly new at almost 30% off list. I do plan to keep it forever, but if I kept it for 'only' 10 years, I reckon the absolute most I'd lose is 50k, so 5k a year for owning and enjoying an exceptional Aston? No brainer really.

Of course I'm not counting running costs or loss of income on capital employed or other similar logical things that are all a bit tedious.

If I was in the market for a DBS, I'd find the best specced, lowest mileage example for a bit under 100k and apply the above logic. Also a manual, they will almost certainly be worth more in a number of years.

Of course, if you like changing your cars frequently, ignore all of the above, accept that in the short term the depreciation will hurt. Then buy one anyway. (That Silver Birch one that crops up here from time to time is absolutely stunning).

franki68

10,391 posts

221 months

Tuesday 25th March 2014
quotequote all
fusion7 said:
Thanks franki68 - what would be your maximum for this kind of mileage, or rather what kind of discount would you expect to see to compensate?
I cant guide you on that,I just simply would not spend 100k on any car with 30k miles on it ,I would buy a slightly older car with a lot less miles on it ,What I have found running a variety of supercars over recent years is mileage is king .

Jockman

17,917 posts

160 months

Tuesday 25th March 2014
quotequote all
I would have no problem at all buying a DBS with 30,000 miles on it. Good engines on them. yes

Not for £100k, though nono

franki68

10,391 posts

221 months

Tuesday 25th March 2014
quotequote all
fusion7 said:
Cheers Jockman - what I really to get an understanding for is how much the price should be because of the higher mileage. Looking at a 2011 DBS carbon black.
If it must be black them there are two 2011 carbon blacks with under 10000 miles on ,one cayman black posted a link to and the other one is at a non Aston garage for under 100k ,they are better value.

Laser Sag

2,860 posts

243 months

Tuesday 25th March 2014
quotequote all
franki68 said:
Laser Sag said:
Mark that seems amazing for the value of car, have you had a part exchange quote recently or is that based on your thoughts and did you buy exceptionally well in the first place?
quote yesterday from a dealer,I bought it ok,also haveto say it was the nicest one by a distance I saw when I was looking,colour/condition etc.


Edited by franki68 on Tuesday 25th March 12:46
I stand by the first part of my post, that is amazing.