V12V market value ?!

V12V market value ?!

Author
Discussion

sukh_m

1,325 posts

192 months

Tuesday 30th August 2016
quotequote all
I suspect they are taking the biscuit.

I would sell it to an AM dealer directly or indie, then use the cash. Like somebody has already stated, the market has peaked and demand has dropped for V12V's but I would still think a minimum of 65k for your car.

Ex Boy Racer

1,151 posts

192 months

Tuesday 30th August 2016
quotequote all
I was talking with an AM dealer a few weeks ago. He informed me that they had sold a V12 roadster (one of the 101 limited editions) for a LOT less than they were advertising it, and much, much less than they were retailing at just a few months ago. These cars were rock solid - until the new manual came out but that has now changed.

So the spread that is being mentioned may be a lot less than you think as they are not selling anywhere near the advertised prices.

I have just chopped my V12 roadster in for a new 7 speed roadster, even though I won't be getting it until March, for that very reason. V12 prices are only going one way and it will happen quickly due to the whole 'last of the V12 manuals' label no longer being the case.

As I said in an earlier post, the depreciation we are now seeing is only in line with similar high-priced cars so we shouldn't be too downhearted. Be pleased it was good for so long rather than sad it's the way it is now!

BigScotty

337 posts

127 months

Tuesday 30th August 2016
quotequote all
Things could change, again, when Vantage production ceases and there are no new V12's available?

Ex Boy Racer

1,151 posts

192 months

Tuesday 30th August 2016
quotequote all
BigScotty said:
Things could change, again, when Vantage production ceases and there are no new V12's available?
Quite possibly. But I imagine the S models will be the desired ones (they are much better to drive).

Then again, there is a cachet to having a numbered model from the original limited editions I imagine...

It can only be good news if you're after an AM V12... not so much if you bought one in the last 6 months...

bentley01

1,002 posts

136 months

Tuesday 30th August 2016
quotequote all
Ex Boy Racer said:
I was talking with an AM dealer a few weeks ago. He informed me that they had sold a V12 roadster (one of the 101 limited editions) for a LOT less than they were advertising it, and much, much less than they were retailing at just a few months ago. These cars were rock solid - until the new manual came out but that has now changed.

So the spread that is being mentioned may be a lot less than you think as they are not selling anywhere near the advertised prices.

I have just chopped my V12 roadster in for a new 7 speed roadster, even though I won't be getting it until March, for that very reason. V12 prices are only going one way and it will happen quickly due to the whole 'last of the V12 manuals' label no longer being the case.

As I said in an earlier post, the depreciation we are now seeing is only in line with similar high-priced cars so we shouldn't be too downhearted. Be pleased it was good for so long rather than sad it's the way it is now!
Was this the same dealer who was trying to get your car for a good price. The original V12 Vantage is without doubt the best looking of the V12 Vantages with the old grille and no go faster stripes or colours required. The new box of the V12s manual is certainly a compromise and not as sweet as the original six speed. The original car is raw and a real road racer which appeals to some and not to others. I love mine and bought it after trying a V12s.

woodsypedia

870 posts

153 months

Tuesday 30th August 2016
quotequote all
If your V12V has an extended warranty on it, there's no real difference in having the dealer sell it (where they have to factor in this cost to warranty it), compared to selling it privately - as the warranty is transferable.

Stick an extended warranty on it - and sell it for the same money the dealer would. No harm in spending £900 on a detail too - always helps to show you've looked after it. You'll win privately (because you'll get far more than a part ex or sale to a dealer) and the warranty will give the new owner peace of mind in getting any issues or niggles resolved and no cost.

The best thing we can do is keep prices up and not give in to pony sums of money to offload. I think as more and more move away from V8 vantages into V12V's, this should eventually limit supply and drive up prices again. After all, very soon (I suspect within 12-16 months when the new Vantage is announced), the V12SM will likely be unavailable to order.

Chris.

Ex Boy Racer

1,151 posts

192 months

Tuesday 30th August 2016
quotequote all
bentley01 said:
Ex Boy Racer said:
I was talking with an AM dealer a few weeks ago. He informed me that they had sold a V12 roadster (one of the 101 limited editions) for a LOT less than they were advertising it, and much, much less than they were retailing at just a few months ago. These cars were rock solid - until the new manual came out but that has now changed.

So the spread that is being mentioned may be a lot less than you think as they are not selling anywhere near the advertised prices.

I have just chopped my V12 roadster in for a new 7 speed roadster, even though I won't be getting it until March, for that very reason. V12 prices are only going one way and it will happen quickly due to the whole 'last of the V12 manuals' label no longer being the case.

As I said in an earlier post, the depreciation we are now seeing is only in line with similar high-priced cars so we shouldn't be too downhearted. Be pleased it was good for so long rather than sad it's the way it is now!
Was this the same dealer who was trying to get your car for a good price. The original V12 Vantage is without doubt the best looking of the V12 Vantages with the old grille and no go faster stripes or colours required. The new box of the V12s manual is certainly a compromise and not as sweet as the original six speed. The original car is raw and a real road racer which appeals to some and not to others. I love mine and bought it after trying a V12s.
I prefer the looks of the original too. And the console if I'm honest. Great cars, but IMO the new one is just better.

I test drove the new model and I thought the gearbox and clutch were both lovely - better than mine if I'm honest. The handling was also in a different league in terms of responsiveness and predictability.

It was the same dealer so his advice may be compromised, but on the other hand the way prices are going seems to be unarguable. The V12 roadsters that are still advertised at £120K plus have seemed to hang around forever. I was very happy with what I was offered for mine and I am pretty sure that prices will only go down for the foreseeable.

Having said all that, I will miss seeing the number on the sill protector strips.

In an ideal world, AM would have kept it limited edition as they promised and I would have been delighted with my car and very happy to keep it forever. But things change I guess.

cayman-black

12,646 posts

216 months

Tuesday 30th August 2016
quotequote all
bentley01 said:
Ex Boy Racer said:
I was talking with an AM dealer a few weeks ago. He informed me that they had sold a V12 roadster (one of the 101 limited editions) for a LOT less than they were advertising it, and much, much less than they were retailing at just a few months ago. These cars were rock solid - until the new manual came out but that has now changed.

So the spread that is being mentioned may be a lot less than you think as they are not selling anywhere near the advertised prices.

I have just chopped my V12 roadster in for a new 7 speed roadster, even though I won't be getting it until March, for that very reason. V12 prices are only going one way and it will happen quickly due to the whole 'last of the V12 manuals' label no longer being the case.

As I said in an earlier post, the depreciation we are now seeing is only in line with similar high-priced cars so we shouldn't be too downhearted. Be pleased it was good for so long rather than sad it's the way it is now!
Was this the same dealer who was trying to get your car for a good price. The original V12 Vantage is without doubt the best looking of the V12 Vantages with the old grille and no go faster stripes or colours required. The new box of the V12s manual is certainly a compromise and not as sweet as the original six speed. The original car is raw and a real road racer which appeals to some and not to others. I love mine and bought it after trying a V12s.

Right Bentley. Buyer of the new model says its better and the one to have surprise , surprise.
imo it will be the original thats the one to keep , we shall see.


Right Bentl

Ex Boy Racer

1,151 posts

192 months

Tuesday 30th August 2016
quotequote all
cayman-black said:
bentley01 said:
Ex Boy Racer said:
I was talking with an AM dealer a few weeks ago. He informed me that they had sold a V12 roadster (one of the 101 limited editions) for a LOT less than they were advertising it, and much, much less than they were retailing at just a few months ago. These cars were rock solid - until the new manual came out but that has now changed.

So the spread that is being mentioned may be a lot less than you think as they are not selling anywhere near the advertised prices.

I have just chopped my V12 roadster in for a new 7 speed roadster, even though I won't be getting it until March, for that very reason. V12 prices are only going one way and it will happen quickly due to the whole 'last of the V12 manuals' label no longer being the case.

As I said in an earlier post, the depreciation we are now seeing is only in line with similar high-priced cars so we shouldn't be too downhearted. Be pleased it was good for so long rather than sad it's the way it is now!
Was this the same dealer who was trying to get your car for a good price. The original V12 Vantage is without doubt the best looking of the V12 Vantages with the old grille and no go faster stripes or colours required. The new box of the V12s manual is certainly a compromise and not as sweet as the original six speed. The original car is raw and a real road racer which appeals to some and not to others. I love mine and bought it after trying a V12s.

Right Bentley. Buyer of the new model says its better and the one to have surprise , surprise.
imo it will be the original thats the one to keep , we shall see.


Right Bentl
It may well be the original that turns out to be the one that is more valuable. I can see that.
But we buy our cars to drive, don't we? And, for me, the new one is much more nimble.
But, I am happy to admit that my V12 was the best car I have owned. And I've had a few. So if you're keeping yours it's not exactly a hardship!

cayman-black

12,646 posts

216 months

Tuesday 30th August 2016
quotequote all
Ex Boy Racer said:
It may well be the original that turns out to be the one that is more valuable. I can see that.
But we buy our cars to drive, don't we? And, for me, the new one is much more nimble.
But, I am happy to admit that my V12 was the best car I have owned. And I've had a few. So if you're keeping yours it's not exactly a hardship!
Mines a garage queen biggrin. But your right EBR ,enjoy your new car when it arrives and don't forget the pictures.

Mako V12V

3,135 posts

214 months

Tuesday 30th August 2016
quotequote all
Andy - the simple answer is that they're just offering you CAP average for your car. Being in the motor trade, I regularly check the value of mine against the industry price guides. Cap is massively wrong with niche cars. The cap clean value on mine (the most a main dealer would give you) is £63k. In reality a true value is around £75k.
These non-AM dealers are just being lazy and offering you cap average as they'd probably just sell onto a main dealer.
HTH

bentley01

1,002 posts

136 months

Tuesday 30th August 2016
quotequote all
Ex Boy Racer said:
It may well be the original that turns out to be the one that is more valuable. I can see that.
But we buy our cars to drive, don't we? And, for me, the new one is much more nimble.
But, I am happy to admit that my V12 was the best car I have owned. And I've had a few. So if you're keeping yours it's not exactly a hardship!
You are right we do buy these cars to drive. Up at 5am on a Sunday morning. Blast through the country lanes through Wray and Bentham. Take the Hawes road through the dales and then back through Sedbergh to Kirkby Lonsdale and back home for 09.30 just as the family are up and about. Weekly fix of V12 injection done.

Ex Boy Racer

1,151 posts

192 months

Tuesday 30th August 2016
quotequote all
bentley01 said:
Ex Boy Racer said:
It may well be the original that turns out to be the one that is more valuable. I can see that.
But we buy our cars to drive, don't we? And, for me, the new one is much more nimble.
But, I am happy to admit that my V12 was the best car I have owned. And I've had a few. So if you're keeping yours it's not exactly a hardship!
You are right we do buy these cars to drive. Up at 5am on a Sunday morning. Blast through the country lanes through Wray and Bentham. Take the Hawes road through the dales and then back through Sedbergh to Kirkby Lonsdale and back home for 09.30 just as the family are up and about. Weekly fix of V12 injection done.
Sounds amazing.
I have some stunning roads by me too, though I can have a lie-in because my kids are all grown up! My V12 was definitely slower than my 911, R8 or 458, but none of those put as big a grin on my face!

bentley01

1,002 posts

136 months

Tuesday 30th August 2016
quotequote all
My children are 5 and 7 so no lie ins for me

arp489j

26 posts

123 months

Tuesday 30th August 2016
quotequote all
"What I cannot understand is the price they are all offering for my car. V12V, 2010, 34k miles. Aston have an identical one for sale now at 84k and a similar one with slightly less miles for 86k. All 3 of the above mentioned brands are offering circa 56k !!!!! for my car. What on earth is going on ....."

You should be so lucky! My local AM dealer is offering me 32K for my car - 2009 4.7 V8V manual with most of the bells and whistles, 24k miles, full service history, new clutch and flywheel, tyres, etc. unmarked inside and out apart from one 2mm stone chip on the bonnet. And when I bought it from Stratstone Hagley 3 years ago they said the colour combo of Tungsten Silver and black would be perfect for resale! Ha Ha Ha ...

Should have bought the red one that I actually wanted at the time but was told it would be difficult to trade in.....

RB

bogie

16,385 posts

272 months

Tuesday 30th August 2016
quotequote all
you guys tried webuyanycar for a rock bottom trade price ? They offered me more last month for my 2006 80k mile Vantage than a dealer did in 2009 LOL ...just goes to show how prices have firmed up and maintained value since the 2008-2010 crash/recession/whatever you want to call it....

trigbush

250 posts

126 months

Friday 23rd September 2016
quotequote all
bentley01 said:
You are right we do buy these cars to drive. Up at 5am on a Sunday morning. Blast through the country lanes through Wray and Bentham. Take the Hawes road through the dales and then back through Sedbergh to Kirkby Lonsdale and back home for 09.30 just as the family are up and about. Weekly fix of V12 injection done.
Just seen this as have signed to buy a V12V from 2012. And I know the Bentham area well...went to school there...amazing part of the world. Drove my Cayenne S up there in August with the kids in the back and it was superb driving...

bentley01

1,002 posts

136 months

Friday 23rd September 2016
quotequote all
trigbush said:
Just seen this as have signed to buy a V12V from 2012. And I know the Bentham area well...went to school there...amazing part of the world. Drove my Cayenne S up there in August with the kids in the back and it was superb driving...
Congrats on the new car. You will love it they really do get under your skin. We are certainly very lucky with the great driving roads we have in Lancashire/Cumbria/Yorkshire triangle.

Jon39

12,827 posts

143 months

Friday 23rd September 2016
quotequote all

bogie said:
you guys tried webuyanycar for a rock bottom trade price ? They offered me more last month for my 2006 80k mile Vantage than a dealer did in 2009 LOL ...just goes to show how prices have firmed up and maintained value ...

Yes, very pleasing. Compare that to a similar price Mercedes (S Class perhaps) or other premium car of the same age, and they are now probably worth hardly anything.

bogie said:
... since the 2008-2010 crash/recession/whatever you want to call it.

I call it the Debt Crisis. The initial major symptoms appeared in August 2007.
I don't want to worry anyone, but personal and government debt is now higher than it was then.
Humans quickly forget the lessons.



Edited by Jon39 on Friday 23 September 18:23

FFM

392 posts

101 months

Saturday 24th September 2016
quotequote all
arp489j said:
You should be so lucky! My local AM dealer is offering me 32K for my car - 2009 4.7 V8V manual with most of the bells and whistles, 24k miles, full service history, new clutch and flywheel, tyres, etc. unmarked inside and out apart from one 2mm stone chip on the bonnet. And when I bought it from Stratstone Hagley 3 years ago they said the colour combo of Tungsten Silver and black would be perfect for resale! Ha Ha Ha ...

Should have bought the red one that I actually wanted at the time but was told it would be difficult to trade in.....

RB
Sell it privately for 50k, £32k for that car is a joke