V8 Vantage....a bargain
V8 Vantage....a bargain
Author
Discussion

avinalarf

Original Poster:

6,438 posts

173 months

Saturday 16th March 2019
quotequote all
Just tucking into my May 2019 Classic cars magazine where I see an article on page 15.
It refers to the great value of e.g. a 2005 manual Vantage FAMSH for £21.5K at auction ,a 2006 for £23.5K FSH, or a 2007 Manual FAMSH at a dealer for £28k.
I was really surprised at how reasonably priced these cars are now.
A real opportunity to buy a great classic at a great price.

SFTWend

1,464 posts

106 months

Saturday 16th March 2019
quotequote all
Seems to me car mags generally quote prices way lower than reality.

I'm looking out for nice manual Vantage and if dealers are selling good 2007 cars for £28k they must be average mileage (i.e. 12 years x 8k miles pa = a lot for an Aston). How many for that price advertised on here?

bogie

17,105 posts

303 months

Saturday 16th March 2019
quotequote all
They are auction prices (I think) ...so more like bottom trade price, no warranty or anything. Whoever sells the car on will expect to prep it and make a profit on it taking it up more to price most people pay.

Yes, they are a bargain and low twenties trade for a 13 or 14 year old car that was £80K odd new seems pretty fair.

mmm....£24995 looks great VFM for a private sale smile

https://www.autotrader.co.uk/classified/advert/201...

Edited by bogie on Saturday 16th March 21:30

8Speed

787 posts

97 months

Sunday 17th March 2019
quotequote all
I don't think there's anything else in this sports car sector to touch the early V8s for value.

m.barnes

241 posts

242 months

Monday 18th March 2019
quotequote all
I read the article, was interesting but agree the prices are low. Main dealer cars under £30k? yes please!

RedEvo

19 posts

224 months

Tuesday 19th March 2019
quotequote all
They look like great value. Are they likely to go up in value eventually? Are they expensive to own beyond the fuel and insurance? I'm so tempted to get one and can't believe I'm in even in a position to own one but my biggest fear - brought about by Lotus Esprit ownership many years ago - is the cost of repairs. Are they generally a solid usable car?

d

ds666

3,180 posts

210 months

Tuesday 19th March 2019
quotequote all
Prices have dropped since I bought Jan 2018 ( no surprise there ) but there also seems to be much more of a spread for similar ages of car , based mainly on mileage .
I hate these car articles that talk about bargain buys and the fact the cars featured have done all their depreciation . They catch me every time ...

bogie

17,105 posts

303 months

Tuesday 19th March 2019
quotequote all
RedEvo said:
They look like great value. Are they likely to go up in value eventually? Are they expensive to own beyond the fuel and insurance? I'm so tempted to get one and can't believe I'm in even in a position to own one but my biggest fear - brought about by Lotus Esprit ownership many years ago - is the cost of repairs. Are they generally a solid usable car?

d
Doubtful they will go up in our lifetimes as there were so many of them made. Well looked after examples are maintaining value well though.

Yes they are very durable and take the miles well, they can be used daily no issue. Repair costs could be high if you are really unlucky, but there is a great network of Aston independents and good used parts supply. They are just like any other premium car in that respect.

Ive been running a Vantage since 2007 and on the best years it was just a fixed price £650 service (10k interval) most years a pair of tyres or discs/pads can bump it up to £1000-1500 a year. When the clutch needed replacing it was a £4k year (inc other running costs)



Calculator

814 posts

246 months

Tuesday 19th March 2019
quotequote all
What a lot of car for Golf GTI money!

I bought an MY07 for £38k in 2012 with c28k miles. Ran it for three years, did c10k and sold it for £33k. Sounds like it wouldn’t be worth much less today.

Only costs in three years were services (seem to recall c£1k pa at main dealer).

Wonderful thing with a magnificent soundtrack.

RedEvo

19 posts

224 months

Sunday 24th March 2019
quotequote all
Great feedback guys. It does seem to be the clutch that's the major issue. I've noticed a lot of Vantage ads state ***New Clutch Fitted Last Year*** type stuff. My company is doing some work with the guys at Pugsley & Lewis, an Aston indy since 1989, and their guys are saying the same, apart from the clutch they are pretty bomb proof. So much car for the money. Now the serious bit, could I cope without DAB.....

d

Andyt25

1,190 posts

279 months

Sunday 24th March 2019
quotequote all
A year ago you would struggle to find a Vantage under 30k but they have now slipped to 25k mark. If you look at the classifieds there are loads that have just have been for sale for ages. It’s a small market and unfortunately most V8 cars seem to be hard to shift these days as we are starting to become a minority. Anything putting money into this type of car these days will find it hard to sell on especially the older cars...OK there will always be buyers for great examples.... Such a great car for the money and for me still the best looking car on the road today.

Andyt25

1,190 posts

279 months

Sunday 24th March 2019
quotequote all
A year ago you would struggle to find a Vantage under 30k but they have now slipped to 25k mark. If you look at the classifieds there are loads that have just have been for sale for ages. It’s a small market and unfortunately most V8 cars seem to be hard to shift these days as we are starting to become a minority. Anything putting money into this type of car these days will find it hard to sell on especially the older cars...OK there will always be buyers for great examples.... Such a great car for the money and for me still the best looking car on the road today.

8Speed

787 posts

97 months

Sunday 24th March 2019
quotequote all
The price of everything in this sector is depressed at the moment. Probably a number of reasons but I reckon it's just part of normal cyclical variation.
A chum of mine is having trouble selling his F430 Spyder (lovely example at a very reasonable price) & the same goes for much else.
Still makes the V8V very good value.