V8 Roadster - to keep or not ??
V8 Roadster - to keep or not ??
Author
Discussion

SimonD996

Original Poster:

13 posts

147 months

Tuesday 26th January 2021
quotequote all
Hi Everyone,

I have a 2007 V8 Roadster as shown. I am the second owner and it has just turned 30K. It has a full history. Whilst I adore the car, I don't drive it as often as I should. It is a fairly rare colour (I have only ever seen one other) and is also a 6 speed box.

What is the opinion on residuals?? If it's depreciation is coming to an end, this will be the catalyst I need to keep it.

Many thanks

url]|https://thumbsnap.com/oi5iqp8t[/url]

Austin_Metro

1,491 posts

78 months

Tuesday 26th January 2021
quotequote all
IMHO those astons are a high point in design and you should keep it. Great looking car, great colour, even a DIY gearbox.

Austin

CeramicMX5ND2

9,357 posts

103 months

Tuesday 26th January 2021
quotequote all
I think if you sell it, you'll soon look back regretting it....

Austin_Metro

1,491 posts

78 months

Tuesday 26th January 2021
quotequote all
CeramicMX5ND2 said:
I think if you sell it, you'll soon look back regretting it....
Agreed. Every time you plug your battery powered roadster in you’ll think of that Aston!

matrignano

4,700 posts

240 months

Tuesday 26th January 2021
quotequote all
That will have stopped depreciating.

I sold my 2006 coupe two years ago for £30k and I’m pretty sure it would still be worth that now, give or take.

I’d only sell to get into a V12V

Jon39

14,928 posts

173 months

Tuesday 26th January 2021
quotequote all

That is a beauty Simon.
Don't feel guilty that you should be driving it more.
Being a 'work of art', driving is only one part of ownership enjoyment.

Hopefully you have been reassured, by the very positive posts (above).


JonnyCJ

1,309 posts

84 months

Tuesday 26th January 2021
quotequote all
My favourite Vantage colour - really stunning !

Not trying to persuade you either way, but if mine were that colour I’d never come out of the garage.

Hash tag thingy just saying...

BiggaJ

1,266 posts

69 months

Tuesday 26th January 2021
quotequote all
I doubt I would be selling that car or any Aston.

Personally I feel numbers have hit the bottom (you can never be sure) however, you need to ask yourself how much more value can it loose? There comes a point with classics like these where there is more to gain than to loose. and thats just looking at it from a financial aspect.

If you factor in the enjoyment of just looking at it never mind driving it and seeing how it turns heads etc. then for me its a win win.

Unless of course you need the money to help other projects ... then its a different story.

bogie

17,080 posts

302 months

Tuesday 26th January 2021
quotequote all
I would say it is maintaining value in line with inflation now....especially with such low mileage, its not like you have put 100k miles on it and its at the bottom of the market value.

Few people are doing much driving at the moment....in the last year I barely managed 3k miles in my Vantage Roadster ....im looking forward to doing double that this year when restrictions lift and the weather improves smile

Keep it smile


xstaticx

61 posts

73 months

Tuesday 26th January 2021
quotequote all
100% a keeper. Great colour in near perfect condition. I suspect, as the number of wannabe Fast and Furious owners increases, so will the value of pure, loved untouched examples. Who is going to want to buy a wrapped, lowered, winged example that has spent its recent life doing donuts in McDonalds carpark? Not me thats for sure.

Brave Fart

6,508 posts

141 months

Tuesday 26th January 2021
quotequote all
I'm with the other posters on this one. I doubt it'll drop below its current value, as long as you don't pile huge miles on it. As others have said, manual Astons that are unmolested and with modest mileage will become increasingly rare; roadsters even more so I'd guess. Keep it.

johnymac

446 posts

201 months

Tuesday 26th January 2021
quotequote all
I had 2007 manual Roadster for nearly three years but had to sell it to buy a flat (which we never secured in the end) and I always regret selling it. I always felt good when driving it and it is probably worth more now than it was when I sold it. My advise would be make sure you REALLY want to sell it before you do. If you are wavering, then it's probably a sign that you shouldn't sell. These are special cars no matter what the model and their like will not come again.

Minglar

1,932 posts

153 months

Tuesday 26th January 2021
quotequote all
I would think it’s very close to bottoming out price wise. It’s a fourteen year old car, is probably worth a third of what it cost new, and if you sell it I suspect there’s a strong likelihood you’ll regret doing so. It’s a great colour and it looks like a well looked after example too. So fwiw my advice would be, ask yourself if you really need the money. If the answer is yes, then I guess you should go ahead and sell it. But it’s the wrong time of year to sell a roadster, and with current conditions, prospective buyers will be looking for a bargain. If the answer is no, then I would keep it. Just think how much pleasure you will get from driving it in a few months time when the restrictions are relaxed and the sun is shining again....fingers crossed that’s how it works out anyway!

Best Regards

Minglar

Manners79

272 posts

89 months

Tuesday 26th January 2021
quotequote all
As the owner of a MY2010 4.7 manual roadster I'd say keep it - just as i intend to. However, even if values stabilise or even creep up (and I think they will still drift gently down) don't forget you are probably looking at £1500-£2000 pa in 'zero mile' cost (insurance, road tax, basic servicing). However much we might like to think they'll go up I sure don't see them recovering those sorts of figures every year. So, get your value from enjoying it (be that looking at it, driving it, or both).

OK I'm off to the garage to have a peek at mine (albeit she is currently snoozing with a cover, dehumidifer and battery conditioner to keep her happy!).

Phil74891

1,086 posts

163 months

Tuesday 26th January 2021
quotequote all
I dont think it will go down much in value, or indeed up much in the next few years. If as you say you adore the care, and don’t need the money for something else, then 100% keep it.

Moonpie

126 posts

71 months

Tuesday 26th January 2021
quotequote all
Jon39 said:


Being a 'work of art', driving is only one part of ownership enjoyment.
I could not have said it better or more eloquently Jon.

loafer123

16,728 posts

245 months

Tuesday 26th January 2021
quotequote all

I think it’s probably close to the bottom of the depreciation curve.

That being said, I love the colour and have been considering buying for a while, so let me know if you are interested in selling.

If it is any help, I sold my 928GTS back to the guy I bought it from!

vernierMike

397 posts

124 months

Wednesday 27th January 2021
quotequote all
I'd think it's not going to lose much more, if any. Very nice car, ticks all the boxes and I have to say that I too like the non-flared look! So if you have any doubts about it and unless you really need to see to release the capital, I'd definitely keep it.

As others say above, many of us are doing very little mileage at the mo, but that means there is so much motoring pleasure to look forward to... and what better than in an open top Aston?

CeramicMX5ND2

9,357 posts

103 months

Wednesday 27th January 2021
quotequote all
I know I posted before, but don't get rid because you think you should - Keep it because you want to..... life's too short....

Speedraser

1,712 posts

213 months

Thursday 28th January 2021
quotequote all
I think depreciation is likely nearly over, especially with the manual 'box. I've had my '09 manual Coupe from new. Can't imagine selling it.