V8 Vantage as an investment
Discussion
JonnyCJ said:
N/A manual V8s and V12 cars of any quality maker will be sought after as they don’t make them anymore.
Petrol will be around for many many years and I’m sure alternative fuels will also be developed.
Excellent, I have N/A V8 Merc and Aston too! I have to say the Merc hasn't lost much value over 8 years and 30,000 miles which is really cheap motoring.. maybe a grand in value? What am I saying? It's a great big V8 estate....Petrol will be around for many many years and I’m sure alternative fuels will also be developed.
The Aston? Yes, about £10k value drop (yes, ignoring all the running costs!) over 3 years and between a dealer purchase and private sale but really.. great value.
AstonV said:
The exact opposite, the biggest advantage quickest depreciation of any Aston ever I reckon.A pal of mine sold his admittedly over specced new Vantage recently and took a hit of nearly 50 % after just under two years.
Scary.
I once owned a Ferrari 328 GTS for a few years around 2001, bought for about £25k and sold for £30k. Now worth probably £70-80k
I then bought a Porsche 911 3.2 Carrera Targa Supersport, similar price and profit. Was recently on Autotrader for £70k
Now I own a 2006 manual Vantage, bought for £28k and worth app. £33k (with mods).
So based on my previous car history and selling point, the Vantage will never be a 'good' investment (or at least until I sell it....)
However, its by far the most enjoyable car and it was never bought to make me money, just make me happy.
Its difficult to understand which way the market is going with respect to ICE cars, but I could never imagine all these multi million pound car collections of only ICE cars being worthless in the future and no one being interested in seeing them. Plus there was a worry when lead free petrol came along and that was going to finish off all the classic cars.
I then bought a Porsche 911 3.2 Carrera Targa Supersport, similar price and profit. Was recently on Autotrader for £70k
Now I own a 2006 manual Vantage, bought for £28k and worth app. £33k (with mods).
So based on my previous car history and selling point, the Vantage will never be a 'good' investment (or at least until I sell it....)
However, its by far the most enjoyable car and it was never bought to make me money, just make me happy.
Its difficult to understand which way the market is going with respect to ICE cars, but I could never imagine all these multi million pound car collections of only ICE cars being worthless in the future and no one being interested in seeing them. Plus there was a worry when lead free petrol came along and that was going to finish off all the classic cars.
A mate of mine has a Ducati Green Frame.......paid £160k for it this year. The fact it runs on petrol doesn't mean anything, as it will never ever be ridden, it's a museum piece, and collectors will always pay for the best museum pieces, regardless whether that's a car, bike or wheelbarrow.
I can't see V8 Vantages ever being worth much long term, there's just too many of them. As for V12's, well there's obviously a lot less, but equally only a small handful of those will ever reach that true collectors point.
I was told a few years ago (by someone who genuinely knows), that "history has shown that manual Aston's are the most sought after, and convertibles manuals even more". The holy grail I was told, was a numbers limited manual convertible. Even though I have a V12SMR, for me the long term one to have for investment purposes would probably be one of the original 101 Manual V12 Roadsters, or a Manual DBS Volante.
As for values, who cares. If you're buying one for an investment now......don't......or be prepared for a very very long wait.
I can't see V8 Vantages ever being worth much long term, there's just too many of them. As for V12's, well there's obviously a lot less, but equally only a small handful of those will ever reach that true collectors point.
I was told a few years ago (by someone who genuinely knows), that "history has shown that manual Aston's are the most sought after, and convertibles manuals even more". The holy grail I was told, was a numbers limited manual convertible. Even though I have a V12SMR, for me the long term one to have for investment purposes would probably be one of the original 101 Manual V12 Roadsters, or a Manual DBS Volante.
As for values, who cares. If you're buying one for an investment now......don't......or be prepared for a very very long wait.
Agree with a few others. The original V8 was made in large quantities. Sadly - even the N430's etc are unlikely to be different enough to generate any good future residuals. My guess would be that the V12V's (manual) and GT8 and GT12's will be the ones that are deemed collectable.
Chris.
Chris.
The cost of maintaining the cars (even in storage) will be fairly high too - with £650+ annual servicing and other expensive components that will inevitably break over time.
I do believe that earlier cars, V8 and V12, don't have far to drop now (if at all), but as in investment they have some fairly hefty investment fees to consider!
IMO, cars like these are only worth buying if you actually enjoy driving (or even just looking at) them and are happy to stomach running costs because of this. The likelihood is that they won't drop too much in value, and you'll get a good chunk of our initial spend back when you eventually sell the car. As a non-emotional pure investment, they will probably leave quite a sour taste.
I do believe that earlier cars, V8 and V12, don't have far to drop now (if at all), but as in investment they have some fairly hefty investment fees to consider!
IMO, cars like these are only worth buying if you actually enjoy driving (or even just looking at) them and are happy to stomach running costs because of this. The likelihood is that they won't drop too much in value, and you'll get a good chunk of our initial spend back when you eventually sell the car. As a non-emotional pure investment, they will probably leave quite a sour taste.
NickXX said:
The cost of maintaining the cars (even in storage) will be fairly high too - with £650+ annual servicing and other expensive components that will inevitably break over time.
I do believe that earlier cars, V8 and V12, don't have far to drop now (if at all), but as in investment they have some fairly hefty investment fees to consider!
IMO, cars like these are only worth buying if you actually enjoy driving (or even just looking at) them and are happy to stomach running costs because of this. The likelihood is that they won't drop too much in value, and you'll get a good chunk of our initial spend back when you eventually sell the car. As a non-emotional pure investment, they will probably leave quite a sour taste.
Agreed, when you factor in insurance, VED, annual servicing and any repairs needed, there is unlikely to be any gain I'd have thought.I do believe that earlier cars, V8 and V12, don't have far to drop now (if at all), but as in investment they have some fairly hefty investment fees to consider!
IMO, cars like these are only worth buying if you actually enjoy driving (or even just looking at) them and are happy to stomach running costs because of this. The likelihood is that they won't drop too much in value, and you'll get a good chunk of our initial spend back when you eventually sell the car. As a non-emotional pure investment, they will probably leave quite a sour taste.
Everyone says that manual V12 Vantages are a sound purchase, but I wonder whether the V12S Sportshift is better value? They seem to be similar in price at around £75k but are three or four years younger, with better suspension and more power. Or do people think that V12 manuals will still be the ones to have?
After doing my Aston Martin buying research, I selected a specification and colour, which I hoped I could find used. At that point, I did not know that it would be a 1 of 7 in the UK.
By some miracle, perhaps with help from someone, the exact car appeared for me to buy. At that time, the first generation Vantage probably formed the majority of a main dealers stock. The purchase was at 40% below the original total list, for an 8,000 mile car just two and a half years old. A considerable saving in Pound terms, for what looked indistinguisable from a new car.
The main dealer retail value held surprisingly steady for several years, but then declined. Main dealers prefer to trade in younger vehicles, so they now only have a few gen 1 Vantages available.
Obviously an 8,000 mile, under 3 year old 'sweetspot' car is no longer available, so sometimes it is a question of buying at the right time rather than the lowest price, if you want to find a good car to keep.
For those of you who hope values might increase, here are a couple of thoughts.
Although the Vantage became Aston Martin's biggest selling model, even so, the number in the UK is not huge in motor trade terms.
Production peaked early, so possibly there are now more 4.3 cars, than 4.7 cars in the UK.
A considerable number of Jaguar E-types were built, but after production ceased, demand has mostly continued to be strong.
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