Aventador ownership
Discussion
The longer you can resist the better price you’ll achieve. In any rational market this is the norm but given where prices are coming from the short term losses are very high. However it will take some time for pricing to be reflective in this market. The spread on current cars is very high which should indicate all you need to know.
at around 200k mark I'd consider the following if driving please as well as value retention are the criteria and the car should be relatively modern/a supercar
Ferrari - Challenge Stradale or maybe Scuderia (whereas I think a CS is the better bet in terms of values). I personally think the F12 will continue to drop a little more
McLaren - 675 LT (are these at 200k yet?)
Lamborghini - tough one, quite a few Aventadors built (I think I recently read on Pistonheads that they built double or more compared to the Murci/640), so I'd tend to go manual Murcielago [cheaper than the budget] (possibly manual Roadster if you can find one) or look for a Gallardo Supertrofeo Stradale or Squadra Corse (both rare cars at 150 and 50 built)
Left field choice a Alfa 8C - such a good looking car, but obviously very different to the mentioned Aventador
I'd love a manual 612 as I think they have aged really well, but I don't think that is a good place to put your money at current values and it is more of a daily driver than special occasion car.
Of course for theatre, nothing beats an Aventador and that V12 sounds insane
Ferrari - Challenge Stradale or maybe Scuderia (whereas I think a CS is the better bet in terms of values). I personally think the F12 will continue to drop a little more
McLaren - 675 LT (are these at 200k yet?)
Lamborghini - tough one, quite a few Aventadors built (I think I recently read on Pistonheads that they built double or more compared to the Murci/640), so I'd tend to go manual Murcielago [cheaper than the budget] (possibly manual Roadster if you can find one) or look for a Gallardo Supertrofeo Stradale or Squadra Corse (both rare cars at 150 and 50 built)
Left field choice a Alfa 8C - such a good looking car, but obviously very different to the mentioned Aventador
I'd love a manual 612 as I think they have aged really well, but I don't think that is a good place to put your money at current values and it is more of a daily driver than special occasion car.
Of course for theatre, nothing beats an Aventador and that V12 sounds insane
I think if you go to a specialist dealer like Romans, Top 555 etc and you’re asking them to write a cheque for a car then 20% is a good idea of what they want in margin. Mate of mine tried selling a car to these dealers and two of them told him that was their margin for buying a car outright. His was a nice spec car and one clearly was keen to buy the car but wouldn’t budge on the price. That’s why so many people go the SoR route but that has obvious issues.
I think you should go into ownership of a car like this expecting to lose at least 25% to 40% of the cars value over a two or three year period in deprecation and costs...I think people need to forget the daft market of the last few years with the odd exception. Reality is the market has turned and manufacturers are pumping out cars in ever higher volumes. If it doesn’t lose that much then you’re ahead and you have had a result.
I think you should go into ownership of a car like this expecting to lose at least 25% to 40% of the cars value over a two or three year period in deprecation and costs...I think people need to forget the daft market of the last few years with the odd exception. Reality is the market has turned and manufacturers are pumping out cars in ever higher volumes. If it doesn’t lose that much then you’re ahead and you have had a result.
Cheib said:
I think if you go to a specialist dealer like Romans, Top 555 etc and you’re asking them to write a cheque for a car then 20% is a good idea of what they want in margin. Mate of mine tried selling a car to these dealers and two of them told him that was their margin for buying a car outright. His was a nice spec car and one clearly was keen to buy the car but wouldn’t budge on the price. That’s why so many people go the SoR route but that has obvious issues.
I think you should go into ownership of a car like this expecting to lose at least 25% to 40% of the cars value over a two or three year period in deprecation and costs...I think people need to forget the daft market of the last few years with the odd exception. Reality is the market has turned and manufacturers are pumping out cars in ever higher volumes. If it doesn’t lose that much then you’re ahead and you have had a result.
I agree with that and would put the figure even higher to be on the safe side - people completely forgot how it was 10 years ago imo, when these cars depreciated a lot and looking at economic projections etc we might go back sooner than later I think you should go into ownership of a car like this expecting to lose at least 25% to 40% of the cars value over a two or three year period in deprecation and costs...I think people need to forget the daft market of the last few years with the odd exception. Reality is the market has turned and manufacturers are pumping out cars in ever higher volumes. If it doesn’t lose that much then you’re ahead and you have had a result.
Any supercar like this, assume you’ll lose half the money. If it turns out better than that, you’ll have lucked out.
If something big goes wrong, you’ll have been unlucky, but it happens and it’s expensive.
But it’ll make you smile. A lot.
If something big goes wrong, you’ll have been unlucky, but it happens and it’s expensive.
But it’ll make you smile. A lot.
Edited by Ferruccio on Wednesday 10th April 19:55
Best bang for buck in my opinion is the 991.1 GT3 RS and it sits well below your budget. I think if you snipe a deal you are looking at minimal depreciation over the next couple of years. Make sure you put an exhaust to make her sing like the best of the exotics.
For a more exotic feel and at your budget level, I would consider a Speciale. £200k is tough but defiantly doable for a really really nice LHD.
I think the Aventador will swan dive when the replacement comes out. The Aventador made the Murci look like a dinosaur, which really shocked me. That will likely happen again.
For a more exotic feel and at your budget level, I would consider a Speciale. £200k is tough but defiantly doable for a really really nice LHD.
I think the Aventador will swan dive when the replacement comes out. The Aventador made the Murci look like a dinosaur, which really shocked me. That will likely happen again.
Best bang for buck in my opinion is the 991.1 GT3 RS and it sits well below your budget. I think if you snipe a deal you are looking at minimal depreciation over the next couple of years. Make sure you put an exhaust to make her sing like the best of the exotics.
For a more exotic feel and at your budget level, I would consider a Speciale. £200k is tough but defiantly doable for a really really nice LHD.
I think the Aventador will swan dive when the replacement comes out. The Aventador made the Murci look like a dinosaur, which really shocked me. That will likely happen again.
For a more exotic feel and at your budget level, I would consider a Speciale. £200k is tough but defiantly doable for a really really nice LHD.
I think the Aventador will swan dive when the replacement comes out. The Aventador made the Murci look like a dinosaur, which really shocked me. That will likely happen again.
Edited by BrntRubber on Thursday 11th April 13:30
Your reasoning is correct. From speaking with dealers approximately 80-90% of cars are purchased on finance over recent years which means SOR terms for some owners can be very inefficient. I presume that many sellers are still holding on to the dream of owning supercars and making a killing, at worst experiencing free motoring, but unfortunately for us these days are over for now.
Advertised prices are generally stubborn and stock is hanging around for far too long. The best thing you can do is to start speaking to the dealers candidly about how motivated the owners are. I think with some pedigree manufacturers there are some models which will fair significantly better in terms of value retention (eg 458) but in this market don't let anyone pull the wool over your eyes.
There are deals to be had but we are still in relatively early days since the inflection point for this asset class so it means you have to put in the leg work. If don't need to finance speak to private sellers, that's where you'll get the the best value. With grey dealers be very careful, I've dealt with several and the majority are unscrupulous. HR Owen network is excellent, Romans International have a good reputation, DD classics came across very well and some specialists are good such as Autoficcina for Ferraris. There was another dealer recommended in this thread and I wouldn't touch them with a barge pole despite others plugging them. Good luck with the hunt!
Advertised prices are generally stubborn and stock is hanging around for far too long. The best thing you can do is to start speaking to the dealers candidly about how motivated the owners are. I think with some pedigree manufacturers there are some models which will fair significantly better in terms of value retention (eg 458) but in this market don't let anyone pull the wool over your eyes.
There are deals to be had but we are still in relatively early days since the inflection point for this asset class so it means you have to put in the leg work. If don't need to finance speak to private sellers, that's where you'll get the the best value. With grey dealers be very careful, I've dealt with several and the majority are unscrupulous. HR Owen network is excellent, Romans International have a good reputation, DD classics came across very well and some specialists are good such as Autoficcina for Ferraris. There was another dealer recommended in this thread and I wouldn't touch them with a barge pole despite others plugging them. Good luck with the hunt!
CitySlicker said:
Your reasoning is correct. From speaking with dealers approximately 80-90% of cars are purchased on finance over recent years which means SOR terms for some owners can be very inefficient. I presume that many sellers are still holding on to the dream of owning supercars and making a killing, at worst experiencing free motoring, but unfortunately for us these days are over for now.
Advertised prices are generally stubborn and stock is hanging around for far too long. The best thing you can do is to start speaking to the dealers candidly about how motivated the owners are. I think with some pedigree manufacturers there are some models which will fair significantly better in terms of value retention (eg 458) but in this market don't let anyone pull the wool over your eyes.
There are deals to be had but we are still in relatively early days since the inflection point for this asset class so it means you have to put in the leg work. If don't need to finance speak to private sellers, that's where you'll get the the best value. With grey dealers be very careful, I've dealt with several and the majority are unscrupulous. HR Owen network is excellent, Romans International have a good reputation, DD classics came across very well and some specialists are good such as Autoficcina for Ferraris. There was another dealer recommended in this thread and I wouldn't touch them with a barge pole despite others plugging them. Good luck with the hunt!
I think Autoficcina is decent as it goes but most of Illius' stock was 360s and a few 430s last time I was in there about a year ago. Advertised prices are generally stubborn and stock is hanging around for far too long. The best thing you can do is to start speaking to the dealers candidly about how motivated the owners are. I think with some pedigree manufacturers there are some models which will fair significantly better in terms of value retention (eg 458) but in this market don't let anyone pull the wool over your eyes.
There are deals to be had but we are still in relatively early days since the inflection point for this asset class so it means you have to put in the leg work. If don't need to finance speak to private sellers, that's where you'll get the the best value. With grey dealers be very careful, I've dealt with several and the majority are unscrupulous. HR Owen network is excellent, Romans International have a good reputation, DD classics came across very well and some specialists are good such as Autoficcina for Ferraris. There was another dealer recommended in this thread and I wouldn't touch them with a barge pole despite others plugging them. Good luck with the hunt!
BrntRubber said:
Best bang for buck in my opinion is the 991.1 GT3 RS and it sits well below your budget. I think if you snipe a deal you are looking at minimal depreciation over the next couple of years. Make sure you put an exhaust to make her sing like the best of the exotics.
For a more exotic feel and at your budget level, I would consider a Speciale. £200k is tough but defiantly doable for a really really nice LHD.
I think the Aventador will swan dive when the replacement comes out. The Aventador made the Murci look like a dinosaur, which really shocked me. That will likely happen again.
Will it? All this is dependent on whether the climate change lunatics get their way and if so you could be looking at a turbo’d hybrid engine. If that happens the Aventador could be the last of the true Lambos, tiny run super exotics not counting. I would expect the residuals to be strong in that case. For a more exotic feel and at your budget level, I would consider a Speciale. £200k is tough but defiantly doable for a really really nice LHD.
I think the Aventador will swan dive when the replacement comes out. The Aventador made the Murci look like a dinosaur, which really shocked me. That will likely happen again.
Did somebody say there would be a new Ricardo EV engine for McLaren? To my mind one of the few weaknesses at McLaren is the sameness of all the engines. Also that the engine was designed to Ron Dennis’s specification which was to be the best not necessarily the most emotive, but as he discovered emotion matters. As the emotion comes back in they are getting very very good, though that is not yet reflected in residual values. However the day I buy an EV from anyone will be the day hell freezes over. Awesome is not a word I would use to describe that. What I would say is that I don’t mind buying a car that is going to cost £2-3k to service annually but more than that is going to annoy me and I’ve heard McL can be costly.
However, either the German Auto industry could tell their government they need to get a grip on reality, or the MMGW lobby will be shown up for the frauds they are, and bets are off, and it’s onwards and upwards.
I have benefitted from classic appreciation in the past, but it was as much luck as judgement. I don’t think you can buy this kind of car on that basis.
The thought of an Aventador being worth 40% less than current pricing in 2 years time, means that say you pick up a 2013 car (best advice being avoid the 2012 cars) for around £190k today, it would be worth £114k 2 years on.....really? I don’t think so, even with so called market correction.
Incidentally, there is a 2017 Aventador S currently available at just £205k, which seems very keenly or perhaps more realistically priced than the next cheapest. 20k miles, but to me that is a good thing. The S is the best one, excluding specials SV, SVJ at much higher prices.
Incidentally, there is a 2017 Aventador S currently available at just £205k, which seems very keenly or perhaps more realistically priced than the next cheapest. 20k miles, but to me that is a good thing. The S is the best one, excluding specials SV, SVJ at much higher prices.
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