Vantage prices on the up - Official

[Manwhoneverwas]

I bought my V8 Vantage Roadster 5 years ago for £42K and at the time purchased GAP 'Return to invoice" insurance.
3 years ago I renewed the GAP insurance policy, but had to use a "fixed value" GAP insurance and the car was valued using Glasses guide at book price of £44K.
Yesterday I renewed the GAP "fixed value" insurance for another 3 years and the car was valued by Glasses guide at £49.5K

So looks like Vantage prices are on an upward trend currently.

[Jon39]

Manwhoneverwas said:

I bought my V8 Vantage Roadster 5 years ago for £42K . . .

Yesterday I renewed the GAP "fixed value" insurance for another 3 years and the car was valued by Glasses guide at £49.5K

So looks like Vantage prices are on an upward trend currently.

Is the GAP insurance premium calculated on the value difference (ulterior motive) ?

Do you think that I might be correct to suggest, that on average it is much more likely that Vantages are eventually traded-in, than are written off or stolen (not recovered) ? If so, perhaps ask your dealer if they would offer you more than £42k.

I don't mind either way, because mine is yet another of my keepers. However, if there might be divided opinion about the Vantage Mk2, as some who have seen it have suggested on here, then demand for the Mk1 might continue to remain strong. Remember there was almost unanimous praise when the Mk1 was launched creating record demand, and even though numbers are high ( for AML ), since 2009 fewer than 1,000 cars each year have been added to the UK market stock.