Lurking with intent on a V12VM
Discussion
I'm looking to buy a V12VM but having followed prices for a while I have noticed a couple of things. Firstly, prices don't seem to have moved for the Gen1 in a couple of years, which I suppose is a good thing, but also, interesting cars I have been watching have been on the market for quite a long time. At the same time, whilst I'm not remotely interested in the Sportshift S version, that model has fallen in value, almost to the same price as a Gen 1. This begs a couple of questions. Will the V12VSM fall in price due to the new Vantage due shortly and if so, will that also have a knock on effect on Gen 1 prices? These kind of market dynamics wouldn't usually concern me, but I have recently sold my M2, which I wrongly assumed was reasonably hot property, and was shocked how little interest there was. After more than 2 months of being one of the cheapest on the market, I eventually decided to sell to a very well known company who buy any car...yes, yes, stop giggling at the back there... (despite what people think, they were by far and away the best bid in the market which surprised me given I nearly didn't even bother to check them). Anyway, this has left me thinking that the market is a bit toppy at the moment and there may be some downside on the horizon...although I have been know to be wrong. I appreciate your thoughts.
The asking prices certainly have dropped a bit this year with the cars with higher mileage (20-something-k) sub £110k.
That's what got my interest, but then found out I'm too tall without lightweight seats, which ruled out most cars.
Then man-maths kicked in and I ordered a new one. I felt the difference in price was reasonable for 5 years newer, 0 miles and what will probably be a car that there are less than 101 made, and of course all the improvements of the S.
I don't think the new car will make that much difference as it'll be a V8 coupe with paddles and a comparable variant is probably a good few years away at least.
Don't get me wrong, I still think it'll lose money, but as a long term prospect I doubt it'll be too bad, therefore I don't see that big a hit for the original 101.
That's what got my interest, but then found out I'm too tall without lightweight seats, which ruled out most cars.
Then man-maths kicked in and I ordered a new one. I felt the difference in price was reasonable for 5 years newer, 0 miles and what will probably be a car that there are less than 101 made, and of course all the improvements of the S.
I don't think the new car will make that much difference as it'll be a V8 coupe with paddles and a comparable variant is probably a good few years away at least.
Don't get me wrong, I still think it'll lose money, but as a long term prospect I doubt it'll be too bad, therefore I don't see that big a hit for the original 101.
I have been looking as well and also only focus on the ones with the carbon backed sets due to headroom but prices are strong for some average cars out there - but they havent moved either. I think you are probably looking at the worst time (for buying) at the moment. It is summer. We are entering into the final run of the old car, prospective owners are mainly existing V12V owners who haven't put their cars on the market yet, there is no trace yet published about the new Vantage and the economy is still kind of all right. Come November we will probably have a different scenario so I am holding out a bit longer, maybe in vain but who knows.
I’ve just taken delivery of a Vanquish Carbon Edition so my V12V is reluctantly up for sale too. It’s on Pistonheads classifieds so I don’t feel too guilty linking to it :-)
https://www.pistonheads.com/classifieds/used-cars/...
Doubt you’ll find a better one!
https://www.pistonheads.com/classifieds/used-cars/...
Doubt you’ll find a better one!
Edited by ChristAlmighty on Wednesday 19th July 21:45
ChristAlmighty said:
I’ve just taken delivery of a Vanquish Carbon Edition so my V12V is reluctantly up for sale too. It’s on Pistonheads classifieds so I don’t feel too guilty linking to it :-)
https://www.pistonheads.com/classifieds/used-cars/...
Doubt you’ll find a better one!
You're probably right - REALLY lovely example! https://www.pistonheads.com/classifieds/used-cars/...
Doubt you’ll find a better one!
Edited by ChristAlmighty on Wednesday 19th July 21:45
trigbush said:
Interesting plate on that one.
You could get V12V TB for £399 from DVLA........http://dvlaregistrations.direct.gov.uk/buy.html?pl...
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