Long term appreciation VANTAGE VS lotus

[Rjscharer]

My lease will be up soon on my 2020 Vantage. The car has 6k miles and I was thinking of buying it out now at 129k USD. My dealer is also
a Lotus dealer and has a fully loaded new 2021 Evora GT he will sell me for 115K. Both cars are automatics. Long term,which is a better
investment. Both are fun to drive so it’s not just the money thing.

[AdamV12V]

With the likely state of the economy over the next year or two, neither are likely to be a "good" investment imho.

[AstonV]

I don’t know about the Lotus, but the Vantage will not be an $$ investment with any return other than the pleasure you get out of the car. It’s value in depreciating. Leases in general are not good investments unless you were able to write it of on your income tax. Then buy it out for cash, they may even deal on the residual. I lucked out. When I purchased mine they weren’t rmoving and dealers were knocking $20,000 off msrp. And I wanted the car to keep, it was the color I wanted, options I wanted. I paid cash, no payments, no BS.

it’s the decision you need to make for yourself. How much do you love the car.

Edited by AstonV on Monday 29th August 06:13

[GreasyHands]

First, I don't look at a car as investment but as an expenses so take the following with a grain of salt.

I think the Emira coming out next year with a price in the US of about $96K is going to put downward pressure on the Evora price. Sure there are differences between the two cars, but one can argue that the MSRP of the Emira was probably in alignment more with the actual selling price of the Evora GT than the MSRP, i.e. substantial discounts were to be had with the Evora pre supply chain issues and car shortages. On the other hand, you can get the Evora today and you can't get the Emira until next year.

I have an Emira coming early next year and don't expect it to be anything like my Vantage. The Evora was nothing like my 2019 Vantage. So apples to oranges in terms of a comparison for driving. I'd get the one that made me happier. ( I plan to keep both)

I wouldn't see either as appreciating, in real terms. I also expect the repair and maintenance cost for the Aston will be substantially higher. My expectation is everything on an Aston is twice the price of Porsche and I don't expect the Emira to be near that expensive to repair and maintain. Come talk to me in a couple years.

If you like the Vantage, I agree that you should try to negotiate the buyout price. I don't think there is any downside with trying. On the other hand, I have never leased a car either.

[Rjscharer]

My car’s MSRP was $176k and the lease during the big push in the states was only $1,285 with tax which is $53,970 for 42 months.
With $6k down and a $99k buyout I still saved $26k off the MSRP which is why I took advantage of the special program. The current
lease on a car with a $160 MSRP is over a $1,000 more per month today. I don’t regret my choice at all. Nice to keep the extra bucks
for the 42 months. I will buy it out.

My original question was not one of appreciation but which car would have less depreciation over time.

[cypriot]

honestly, I think they will both be similar... Traditionally the Lotus would hold its value better, but what with the Emira coming out, which is simply a better Evora in every way (I was an Evora 400 owner, so not biased here, just stating the obvious) I would question how well their value will hold. Same for the vantage. A fairly big update is about to happen on them, with a big focus on the interior apparently, so this will also push down the values of current vantages. Also, no one can ignore the current economic climate, so trying to make any educated guess is almost impossible at the moment. not much help!

[Anbuis]

I have an Evora S as a V8V Roadster.
You can not compare both cars, it is another concept. Despite the fact, that the chassis is similar built, both cars are pretty different. While the Evora (actually with 125'000KM) seeks the curves, the Vantage (actulally 82'000 KM) is more an enjoy and let it flow car.
I use both as daily, more or less.
From the investment purpose (I was an investment adviser for 32 years), it is only the market who defines value. If there is no potential buyer, all statistics are worthless. But I use both for joy and for my soul. By the way: as in the Lotus there is heavy metal music loaded, in the Vantage is more Bach and Beethoven in.