Vantage Depreciation

[Dewi 1]

The lowest price Vantage that I can see on the main dealer listing is now £37,000.
Model year 2007, 4·3 with SS1 and 57,670 miles.
Prices do seem to have increased recently. I can remember a few dealer cars going just below £30,000 for a while.

Values are obviously lower out of the main network, particularly when the dealer does not appear to specialise in sport cars, and also when it sticks for a couple of months. The lowest price 4·7 model manual that I have noticed, even with special order paintwork, is now down to £38,000.

[NickXX]

Realistically, the bottom of the market seems to be £30k in the private market if you ignore Cat D and high miles. £30k would likely be a 2005/6 with 60k+ on the clock too.

What you can get between £30-35k is very variable age/mileage wise, with the best cars in that budget being an honest, low mileage (~40k) 2007 for sale privately or a non-main dealer.

I bought my car a year ago and prices have barely changed. If anything the bottom end of the market was probably cheaper about 5 years ago!

[FFM]

Dewi 1 said:

The lowest price 4·7 model manual that I have noticed, even with special order paintwork, is now down to £38,000.

That particular car is has relatively high mileage at >60k...

Consider 4.7s were launched in late 2008 and, hence, not that many were produced (and sold) for obvious macro-economy-related reasons. On the hand hand, they produced a lot of 4.3s in 2006-2007.

You will notice there are usually less than 10 4.7s with Real AM Full Service History, low mileage (<30/35k), below £50k, for sale, on average, throughout UK (in a given period)
- of which 4 or 5 with the Manual gearbox.
- of which (maybe) 1 with a Transferable AM Premium Warranty/Eligible AM Warranty/for sale at AM Dealers

Key considerations:
1) 4.7 and 4.3 markets are not perfectly correlated due to several factors (different supply, engine/clutch upgrades, etc)
2) the "desirable" ones (e.g. properly maintained, with AM warranty eligibility, in good spec and with relative low mileage, Manuals are increasingly falling in this category, too) for sale have been only a few, at any given time
3) and becoming increasingly rarer (almost none at the dealer network) in the sub £50k
4) From April/May price will likely be adjusted upwards by Dealers to reflect seasonality, if they did the same as last year.

On a like-for-like basis, a 4.7 MY09 (i.e. in "desirable" condition and spec, for sale at the same dealer famous for not discounting a £ on asking px, same period) would be listed at an additional £1.5 to 2k more vs previous year. This has been true for the last 2 year (they bottomed at £46/7 few years ago).


I think a 4.3 or a 4.7 is a hell of a car for these money in today's market. Car enthusiast are realising this more and more (still slowly, though) and stats are supporting this argument.

Edited by FFM on Friday 17th February 23:07

[steveatesh]

FFM said:

That particular car is has relatively high mileage at >60k...

Consider 4.7s were launched in late 2008 and, hence, not that many were produced (and sold) for obvious macro-economy-related reasons. On the hand hand, they produced a lot of 4.3s in 2006-2007.

You will notice there are usually less than 10 4.7s with Real AM Full Service History, low mileage (<30/35k), below £50k, for sale, on average, throughout UK (in a given period)
- of which 4 or 5 with the Manual gearbox.
- of which (maybe) 1 with a Transferable AM Premium Warranty/Eligible AM Warranty/for sale at AM Dealers

Key considerations:
1) 4.7 and 4.3 markets are not perfectly correlated due to several factors (different supply, engine/clutch upgrades, etc)
2) the "desirable" ones (e.g. properly maintained, with AM warranty eligibility, in good spec and with relative low mileage, Manuals are increasingly falling in this category, too) for sale have been only a few, at any given time
3) and becoming increasingly rarer (almost none at the dealer network) in the sub £50k
4) From April/May price will likely be adjusted upwards by Dealers to reflect seasonality, if they did the same as last year.

On a like-for-like basis, a 4.7 MY09 (i.e. in "desirable" condition and spec, for sale at the same dealer famous for not discounting a £ on asking px, same period) would be listed at an additional £1.5 to 2k more vs previous year. This has been true for the last 2 year (they bottomed at £46/7 few years ago).


I think a 4.3 or a 4.7 is a hell of a car for these money in today's market. Car enthusiast are realising this more and more (still slowly, though) and stats are supporting this argument.

Edited by FFM on Friday 17th February 23:07

Having a MY 2010 (registered late 2009) manual 4.7 in Lightning Silver coupe with every option apart from garage door opener and umbrella, less than 13,000 miles and full service history ( although last one Aston Service was no longer an official AM service centre) the above makes really pleasing reading

I do hope you are right!

[66MK]

For me, ain't ever going to sell, so value is almost irrelevant, but stable or going up does give a warm fuzzy feeling!

[Flugplatz]

steveatesh said:

less than 13,000 miles and full service history ( although last one Aston Service was no longer an official AM service centre)

How did that happen?

[Dewi 1]

FFM said:

Dewi 1 said:

The lowest price 4·7 model manual that I have noticed, even with special order paintwork, is now down to £38,000.

That particular car is has relatively high mileage at >60k...

Well done for finding it. Obviously I could not say too much on here. I only knew about that car because of the rare colour, and mine is a twin although with only 15,000 miles.

With a keeper, price watching is academic, but do you think main dealers are reluctant to retail such high mileage 4.7 Vantages? Perhaps it might have been traded out of the main dealer network, hence the resulting low price of this car? They tried for £42,000 in December.

Edited by Dewi 1 on Saturday 18th February 12:14

[bogie]

I think Vantage prices bottomed years ago...I was offered similar trade in price in 2010 for my old Jan 2006 car, that I achieved when I traded it in last year in 2016. They are at least maintaining value with inflation.

When searching last year for a used manual Roadster, MY2012.25 or newer, I found 6 on the market and a couple of those were new. Manuals certainly seem to have gone out of fashion over the years.

A dealer sold my Jan 06 Vantage coupe quite quickly, when listed at £31k with 85K miles on it. I think if you are in the market for entry level car that you intend to keep and put some miles on, you want to be spending £35k. Still a huge amount of car and pleasure for the money

[davek_964]

I've had mine for almost 2 years now I guess (May). Think I paid £32,250 - black, manual 4.3 which has just rolled over 41k - that's about what I'd expect back if I sold it now.

[FFM]

Dewi 1 said:

With a keeper, price watching is academic, but do you think main dealers are reluctant to retail such high mileage 4.7 Vantages? Perhaps it might have been traded out of the main dealer network, hence the resulting low price of this car? They tried for £42,000 in December.

Edited by Dewi 1 on Saturday 18th February 12:14

I'd say it is not impossible to find (relatively) high-mileage Vantages at AM Dealers..but it is rare.

If I were in the Dealer's shoes, I'd take one with less miles (hence spend a bit more), ask more £ to maintain the same % profit (if not more) and, more importantly, increase the likelihood of a (fast) sale..and repeat.

[RobDown]

I remember on here a while back someone insisting that the DB9 would drop in price to £15k - at which point I said "if they get there I would buy a second one for the wife"

The same is true for the Vantage. There has to be a floor (unless it's got major issues) - if they drop to £20-25k there are loads on here who would hoover them up and tuck them away

[FFM]

Also, in more than 100 years the only Astons you find below £30k, today, are a couple 3.2s DB7s (with 6cyls)...that's it

Don't think good Vantage and DB9 will ever go for less than 6cyl DB7 (which are slowly going upwards too)

[steveatesh]

Flugplatz said:

steveatesh said:

less than 13,000 miles and full service history ( although last one Aston Service was no longer an official AM service centre)

How did that happen?

For the first service I used the dealer, from second onwards I used a local independent who were an approved AM service centre so the equivalent as a dealer. I used them for every service since but at the seventh service in November they no longer had the AM approved service centre status, no doubt it costs money and they had decided not to go with it.

I considered going back to the dealer but the independent are closer, they know my car, their service is excellent AND perhaps the most important they also rebuild barn finds to perfection so are very skilled at what they do. I have full confidence in them in other words.

So I made the conscious choice that at seven years old the official stamp didn't matter given that the independent is highly regarded for their work on AM cars anyway and had serviced it since year two.

[Frexit]

I guess the key is that the price dealers are asking is not its worth if you're selling
so this car looks pretty good value to me and I guess the dealer bought it for around 28k

http://www.pistonheads.com/classifieds/used-cars/a...