V12 Zag For Sale

Author
Discussion

jonby

Original Poster:

5,357 posts

157 months

Wednesday 1st July 2015
quotequote all
Fascinated to see what this sells for

https://www.classicdriver.com/en/car/aston-martin/...

They actually only made around 50 or so cars if I understand correctly, which as a result of the high price, have mostly barely been driven or ever seen on the road, with a handful of noticeable exceptions - this one is single owner, less than 1,000 miles in nearer 3 years than 2

So it could hold it's price better than if the full 150 then revised 100 unit limits had been fulfilled. Having said that, whereas the GT12 is very sensibly priced and will probably sell at a premium, this was so ludicrously over priced at £400k I'm struggling to imagine the owner won't have to sell at a loss.....much as I love the Zag, I simply don't value at that level but then again, as someone who puts plenty of miles on my cars, I'm not really the target market !

IanV12VR

2,749 posts

155 months

Wednesday 1st July 2015
quotequote all
When we visited visited the Zagato factory in 2013 they were trying to tell us that the run of 101 had sold out. Never believed that to be the case and your figures sound far closer to reality. That, in itself, must help with value going forward.

I see they still have the One 77 for sale - get a good deal if you bought both wink

Jon39

12,818 posts

143 months

Wednesday 1st July 2015
quotequote all

It is amusing the way they state, - 'Condition - Used'.
After only 477 miles, I would have expected, - 'Condition - Immaculate'.

I have a picture of quite a rough journey, followed by running into the back garage wall. - smile

Agree wIth Jonby.
Limited run of 150, but demand only for 50 (didn't know that), then demand is probably not strong now.

Also on the subject of limited run and "All now sold", it is mentioned in the Autocar 'spent a day with Andy Palmer' article this week, that some Vulcans are still for sale.

Anyone fancy a part-share ownership purchase?



Edited by Jon39 on Wednesday 1st July 15:48

jonby

Original Poster:

5,357 posts

157 months

Wednesday 1st July 2015
quotequote all
I still have a copy of the contract somewhere, from when I was in the running (I had my name down before the price was confirmed or perhaps more accurately, from when I was told the price would be rather to different to the eventual price)

What's fascinating is that whilst it looks far more different to the donor car than GT12 does to it's donor car, in actual fact, there is more cost/mechanical difference between GT12 and V12VS than Zag has to V12V - both cars have unique carbon fibre body panels and once they are unique, it's the same cost to make whether they look very different (like Zag) or marginally different (like GT12)

Zag has some bespoke upholstery. GT12 has wider track, bespoke exhaust, etc, etc - in production terms, GT12 will cost the factory more to make over & above a V12VS than Zag did over V12V. Yet GT12 costs £250k, Zag £400k - I'd argue Zag was at least £150k overpriced and should have cost 200 - £225k whilst arguably, GT12 could have been priced at £50k more i.e. £300k

Meanwhile going back to the contract, they expected to sell out VERY quickly. Instead, they were selling the car for a good 18 months (and by selling I mean taking orders) past the point they hoped to close the books by, hawking it round every show imaginable. They announced a reduced target (sorry maximum) of 100 but still didn't get close to selling out. Whether the exact number was 50 something or 60 something I'm not sure, but I'm led to believe it was that kind of area

It's still a stunning car and rather than seeing the low sales as meaning it's worth less, ironically IMO it helps value now as it's even rarer than it might have been. However the intention was actually to do something similar to GT12 with Zag - increase performance, make it a little rawer, etc but the project never materialised into the original plans. Unfortunately someone forgot to tell them to drop the price when the plans were scaled back :-)



Edited by jonby on Wednesday 1st July 16:12

CPBRI

392 posts

149 months

Wednesday 1st July 2015
quotequote all
The original price made little sense to me, but I think that is a great looking car!

jonby

Original Poster:

5,357 posts

157 months

Wednesday 1st July 2015
quotequote all
CPBRI said:
The original price made little sense to me, but I think that is a great looking car!
Agree. Incidentally worth noting that DB4 GT Zagato didn't sell well initially, hence them not making as many as planned. Decades later, the Sanction 2 & 3 models were made using previously unused chassis numbers, such was the demand/hype/price.

telum01

987 posts

115 months

Wednesday 1st July 2015
quotequote all
I believe there are only three V12V Zagatos in the US, and I was told the last one that was put for sale at auction was sold for 750k USD. Not sure if it commanded a higher price because of the rarity in the US compared to the UK, though.

DB9VolanteDriver

2,612 posts

176 months

Wednesday 1st July 2015
quotequote all
Last week at the AMOC NA LRC Concours...


CSK1

1,601 posts

124 months

Wednesday 1st July 2015
quotequote all
71 V12 Zagatos were produced eventually, I know this from a reliable source.

downr

3,803 posts

128 months

Wednesday 1st July 2015
quotequote all
I love the v12 zagato's. But (and this might sound a little strange), the thing that puts me off asking them the price is the mileage. I want to be able to drive a car, maybe not thousands of miles, but some rather than none. I don't want to feel guilty or think that I'm taking huge chunks off the value every time I start it up.

I had exactly the same thought when I saw "copper kettle" at Hampton Court last year. Its such a shame that a lovely car has to be trailered to every event. And the same thought occurs to me every time I see an auction catalogue proclaiming that "car X has only done 75 miles!" (it seems to apply a lot to Ferraris).


DB4DM

934 posts

123 months

Wednesday 1st July 2015
quotequote all
There's a lime green one with a black roof in Hong Kong

DB9VolanteDriver

2,612 posts

176 months

Wednesday 1st July 2015
quotequote all
downr said:
I love the v12 zagato's. But (and this might sound a little strange), the thing that puts me off asking them the price is the mileage. I want to be able to drive a car, maybe not thousands of miles, but some rather than none. I don't want to feel guilty or think that I'm taking huge chunks off the value every time I start it up.

I had exactly the same thought when I saw "copper kettle" at Hampton Court last year. Its such a shame that a lovely car has to be trailered to every event. And the same thought occurs to me every time I see an auction catalogue proclaiming that "car X has only done 75 miles!" (it seems to apply a lot to Ferraris).
I hear you. It's one reason you should buy a car with 10 to 20K on it, at least then you don't feel so guilty driving it 1 to 2K per year. So maybe you need two, one a driver and one a keeper.

CSK1

1,601 posts

124 months

Wednesday 1st July 2015
quotequote all
Or buy a V12 Vantage as it is essentially the same car. I think it is prettier too and a bargain compared to the Zagato.

krisdelta

4,566 posts

201 months

Wednesday 1st July 2015
quotequote all
Compelling, but not at 2-3 times the price of a "normal" V12V.

AdamV12V

5,012 posts

177 months

Wednesday 1st July 2015
quotequote all
They are really stunning in the flesh, I got to see one in a special order lambo orange at JCT600 before it was delivered. I agree its a shame that it was just a normal V12V under the skin, but even still that's pretty damn good!

Come on then, whos going to make a speculative enquiry to find out how much POA actually is? smile

IanV12VR

2,749 posts

155 months

Wednesday 1st July 2015
quotequote all
There was one in Vantage magazine that went straight to BR to have the power upgraded IIRC. I think this is the way I would have gone to differentiate mine if I had been lucky enough to have bought one.

KarlFranz

2,008 posts

270 months

Thursday 2nd July 2015
quotequote all
DB9VolanteDriver said:
Last week at the AMOC NA LRC Concours...


BamfordMike

1,192 posts

157 months

Thursday 2nd July 2015
quotequote all
IanV12VR said:
There was one in Vantage magazine that went straight to BR to have the power upgraded IIRC. I think this is the way I would have gone to differentiate mine if I had been lucky enough to have bought one.
It was a privilege to drive this Zag with AMOC to commemorate the 100 year anniversary of Lionel Martin walking out of the Trowbridge Council office doors with the first ever ‘AM’ registration plate for 'A3'. The feeling of a few aficionados at this meet was that if Zag went to auction today it would fetch no less than its original sale price, it was also commented that as predictable as night follows day, one day years into the future the Zag would no doubt sell at auction for double its original sale price.

A similar discussion rages on elsewhere…. Just like a Jag might be dynamically better than an Aston and win on most dynamic top trumps measures, the Aston is more desirable for other values and the badge carries a premium as a result. If the badge on the car is Zagato there are folk out there that for exactly the same reasons will pay more for the values of a Zagato badge / project and value can’t be reasoned any more than on that level alone. V12V / V12VR / GT12 (the list of slightly different spin off derivatives is long) might have different dynamic attributes and body types which could command a premium in their own right, but to the buyers that it matters to, they are not Zagato brand and it’s as simple as that.






cayman-black

12,641 posts

216 months

Thursday 2nd July 2015
quotequote all
There nice but at that money i would have the GT12 over this any day.
second thoughts i have just remembered what gearbox is in the GT12.

Speedraser

1,656 posts

183 months

Saturday 4th July 2015
quotequote all
The owner of the Zag at the Lime Rock event had it on the track -- he's clearly not afraid to play with it, much to his credit.