What condition to sell my V12V and what price?

[CraigV12V]

It looks like I may be buying a lot bigger house and I'll need to get the equity out of the V12V to make the maths work. Shame, its a hell of a car but with a bit of luck I can return to buy a rag top version in a few years time.

So the question I have for you all is do I sell it as is or do I spend a few grand fixing a few cosmetic issues first.

I have a couple of small nicks on two wheels, I have a damaged splitter and I followed someone to close in the rain in Wales on a gravelly road and the front end needs a respray. All in all probably £3k to £5k of work.

So will I get the cost back if I do the work and given the car will be pristine do you think it will get sold that much quicker?

I am not buying another car so I am going to try and sell privately rather than go to a main dealer.

Car will be 3 years old Jan 1st with 13k on it, Carbon Black edition with lightweight seats. I am thinking circa £90k maybe even more. Any thoughts?

[CraigV12V]

V8V12VTECwoollie said:

A dealer would struggle to get £90K for it so you would struggle more I think as a private sale, especially if you have not done the remedial work, plus you have little warranty left. Even on SOR with a dealer, from a cost perspective they would have the cost to fix what needs fixing, a 140-point inspection, a warranty, showroom overheads and the VAT on the difference between the sale price, and what you would get when they pay you for the car. Add on the profit margin they would want to make and I think if they sold at £90K you'd be very lucky to get £80K back from the dealer.

I found after trying to sell mine that even if you offered it at a giveaway price (I am talking £90K for a 2013 V12V with under 5K miles) people prefer to pay a premium and buy from a dealer.

Strange, I would have no problem buying privately and putting my own warranty on it but each to their own. I think I'll need to do the work and then given the lack of supply of these cars at the moment and the strength of the prices of the cars similar to mine, I'll try selling privately for a while. Its booked for a service in Dec (to identify any warranty work before 3 years is up in Jan) so if not sold I can get the 140 point-inspection done then.

[CraigV12V]

erics said:

CraigV12V said:

Strange, I would have no problem buying privately and putting my own warranty on it but each to their own. I think I'll need to do the work and then given the lack of supply of these cars at the moment and the strength of the prices of the cars similar to mine, I'll try selling privately for a while. Its booked for a service in Dec (to identify any warranty work before 3 years is up in Jan) so if not sold I can get the 140 point-inspection done then.

Seriously Craig, read my post again. Going through the guys at brentwood SOR was the best decision I made in a long time.

Unfortunately Grange Brentwood is some way off from me here in the Midlands. I'll give SOR some thought and maybe feel a few local dealers out.

Still thinking that in the space my car is in (2012, relatively low mileage compared to some, Carbon Black edition, lightweight seats) there is nothing of quite same spec and what comes close is circa £90k and more. All advice gratefully received.

[CraigV12V]

V8V12VTECwoollie said:

Put it up on the PH classified section or Autotrader (which will include a listing in Top Marques) and see how you get on. It isn't expensive and at least you'll get a feel for the market.

I had over 2,700 views of my advert and no interest at all. Yours being a CB with the lightweights may well sell quickly as it is a desirable spec.

Edited by V8V12VTECwoollie on Tuesday 2nd September 17:09

My thinking exactly. Stratstone Hagley have very similar but 1 year older, £5k less miles but not lightweight seats for £91,733 so I think £90k is a good place to start talking as I agree its probably the most desirable spec for the V12V.

[CraigV12V]

Cockernee said:

It is probably a desirable spec, but theirs will not have damaged wheels / paint & splitter, will have 140 point check (for what it's worth), more than likely a service (so no cost to the new owner for 1 year) and definitely 1 year warranty from date of purchase. More importantly the punter has a comeback on a dealer for say knackered brake discs and NONE on a private sale.

I agree they are making strong money (stronger than last year when I sold mine), but retail money for a car that is not from a dealer and is not in perfect condition, I am not so sure. Get the items sorted and you stand a good chance.

If you made £85K in the condition you describe, I think you will have had a massive result. If I had to spend money on it and it were a private purchase it would need to owe me £85K or less finished, again only my opinion. I think Erics has called it right, I did the same.

I am sorry if it seems like I am talking your car down, I am trying to offer an opinion from someone that owned and sold one recently & I hope you make as close to 90K as you can obviously. It is a fantastic car and I miss mine very much I think that next year they will probably still make the same money and people will have had another year of pleasure for not a lot KEEP IT, KEEP IT, KEEP IT

Good luck with the sale & to make maximum money, get the faults sorted as people will just use it as a way to kick you in the nadgers.

I am convinced I need to get the cosmetics resolved and I think it will doubtless sell somewhere in the £80k to £90K range depending on the enthusiasm of the buyer to get his hands on such a car. If you want a very late manual V12V, CB, with lightweight seats (which are the mutts), its the only one out there.

[CraigV12V]

LordBretSinclair said:

This one looks pretty mint, less than £90k with 3.5k miles.

http://www.kennydunn.co.uk/used-cars/aston-martin-...

Out of interest what premium do you put on lightweight seats??

Not sure, think I heard they were a £3k or £4k extra and I would say from the long term dialogue on the subject on PH that the lightweight seats are preferred by most. I have had regular seats in a V8V and I would not want a V12V if they were in and would not want the hassle, let alone cost of getting them retro fitted. LW seats make the cockpit look and feel very different, I would even have them in the roadster without heat, they are that good. If there were a lot of V12Vs with them then the premium would be low, but if they are rare as I think they seem to be then the premium increases.

The KennyDunn car is in a different country, definitely not to be trusted. Do they even drive on the left in Scotland anymore?

Edited by CraigV12V on Tuesday 2nd September 19:07

[CraigV12V]

cayman-black said:

So Craig is this yours?
https://used.astonmartin.com/en-GB/Search/Details~...

Wow, they did not waste any time, they don't even have the car until Thursday. So yes the car is mine albeit it's a stock photo until they take possession.

After all the number crunching I figured the cost of working with a dealer would offset the discount I would have to offer to sell this kind of car privately. I phoned around a few but Grange where prepared to do the cosmetic work at their expense and settle up when the car is sold, others were not. In reality chances are they will have funds from a sale before their invoices for the parts etc. fall due and I don't have the hassle of getting the work organised myself.

Edited by CraigV12V on Tuesday 9th September 18:31

[CraigV12V]

cayman-black said:

CraigV12V said:

Car will be 3 years old Jan 1st with 13k on it, Carbon Black edition with lightweight seats. I am thinking circa £90k maybe even more. Any thoughts?

I see this car has still not sold and now the price is reduced £88k not so easy, and hopefully sold by Craig to Grange.

Nope, its still mine. I think we just missed the tail end of the summer sunshine when it might have sold as quickly as other similar cars they have had. Nearly had a buyer last week but the wife did not like lightweight seats!!! Just dropped price a little before weekend to make it a little more appealing. If this goes on too long I might take her back, she is too good and rare a car to give away. Fingers X'd.

[CraigV12V]

cayman-black said:

Good luck Craig I am sure Grange will sell it, they price there cars well unlike stratstones.
I would be interested but have my eye on a mint car(private) that hopefully comes through.

Mine is now mint having had a new windscreen to get rid of chip, a front end respray and brand new splitter. And being SOR the uplift on the price you might pay privately is well worth the additional benefit of having bought it off a dealer.

[CraigV12V]

cayman-black said:

What's surprising about the carbon blacks is the number of them with the standard sport seats, when they where all meant to have the light weight seats. strange.

Which makes mine all the more special as they are darned expensive to retro fit. Why is there not a queue of enlightened buyers????