Watching the FE on CC...

Watching the FE on CC...

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Discussion

jamesgareth

121 posts

205 months

Tuesday 3rd December 2024
quotequote all
Wills2 said:
jamesgareth said:
The whole sports car market is suffering.

Right now you there is a 2017 Aston Martin DB11 on AT at £54,950.
It's 7 years old how much do you think it should be?
Doesn't that seem like not much money for that car?

Honeywell

1,488 posts

107 months

Tuesday 3rd December 2024
quotequote all
The market is dead right now. Give it until February and dealers will be clamouring to offload stock for what they paid for it. Interest Rates aren't going to come down. This market segment is up the creek.

BertBert

Original Poster:

19,942 posts

220 months

Tuesday 3rd December 2024
quotequote all
jamesgareth said:
Wills2 said:
jamesgareth said:
The whole sports car market is suffering.

Right now you there is a 2017 Aston Martin DB11 on AT at £54,950.
It's 7 years old how much do you think it should be?
Doesn't that seem like not much money for that car?
so £155k plus options 7 years ago. For a "normal" depreciating car that halves every 3 or 4 years 55k is probably about right!

Honeywell

1,488 posts

107 months

Tuesday 3rd December 2024
quotequote all
Delivery mileage in a good colour combo and Touring spec.

Sub £60k.

Once that's got dusty it will be a £55k car.



BertBert

Original Poster:

19,942 posts

220 months

Tuesday 3rd December 2024
quotequote all
Honeywell said:
Delivery mileage in a good colour combo and Touring spec.

Sub £60k.

Once that's got dusty it will be a £55k car.
I'm so glad I didn;t buy a new one!

av185

19,929 posts

136 months

Tuesday 3rd December 2024
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Delivery mileage 424 miles lol.

Delivery mileage is under 20 miles.

Honeywell

1,488 posts

107 months

Tuesday 3rd December 2024
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Anything under 1000 miles is less attractive to me as that's the running in period.

Face it the market for these types of cars is in free fall. Loads of launch Elmira's will be coming off finance deals in the next six months.

RS_MAN_CHILD

463 posts

278 months

Tuesday 3rd December 2024
quotequote all
Honeywell said:
Anything under 1000 miles is less attractive to me as that's the running in period.

Face it the market for these types of cars is in free fall. Loads of launch Elmira's will be coming off finance deals in the next six months.
Freefall applies to most of the car market used & nearly new! Great time to buy terrible time to sell values are collapsing all over the place...EV uncertainty makes people hold onto theirs for longer & longer its wrecking the market as less want to buy a new vehicle regardless of price its suddenly a very tricky time to sell any sort of car but especially something Labour might tax further next year due to engine power output like the Emira!!

bus_ter

257 posts

229 months

Wednesday 8th January
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There's an Emira now from a main dealer for £54K. This auction final price now looks very expensive, and it was only weeks ago.

The AutoTrader plugin that shows price reductions is worth getting. Lot of cars have had a few grand taken off during the first week of January. Looks like they know they're going to be difficult to shift. If you're in the market I suspect there will be some fantastic deals come the back end of February.