V8V Depreciation
Discussion
Hi Dave,
You only realise depreciation if you sell
ultimately there are a few factors in play:
1) if you buy at a dealer and sell private / sell to dealer - you'll lose the "spread" of retail to trade / private value without any miles going on the car.
2) The market at the moment is not a good place - if you look at all the sales in the last month (there have only been a handful looking at PH / AT) are all @ the £36-38k mark covering 2006/2007 cars with a good spec and warranty - big engined cars aren't shifting (my mint M3 took ages to shift and I had to drop my price significantly to get interest).
3) There is a shortage of credit, at a reasonable price.
4) Supply - there seem to be @ 280 V8V's for sale (incl roadsters) - I think a year ago there was around 50% less for sale.
What I mean is - why not keep the car? It's zero depreciation if you don't sell.
You only realise depreciation if you sell
ultimately there are a few factors in play:1) if you buy at a dealer and sell private / sell to dealer - you'll lose the "spread" of retail to trade / private value without any miles going on the car.
2) The market at the moment is not a good place - if you look at all the sales in the last month (there have only been a handful looking at PH / AT) are all @ the £36-38k mark covering 2006/2007 cars with a good spec and warranty - big engined cars aren't shifting (my mint M3 took ages to shift and I had to drop my price significantly to get interest).
3) There is a shortage of credit, at a reasonable price.
4) Supply - there seem to be @ 280 V8V's for sale (incl roadsters) - I think a year ago there was around 50% less for sale.
What I mean is - why not keep the car?
It's zero depreciation if you don't sell. krisdelta said:
Hi Dave,
You only realise depreciation if you sell ultimately there are a few factors in play:
1) if you buy at a dealer and sell private / sell to dealer - you'll lose the "spread" of retail to trade / private value without any miles going on the car.
2) The market at the moment is not a good place - if you look at all the sales in the last month (there have only been a handful looking at PH / AT) are all @ the £36-38k mark covering 2006/2007 cars with a good spec and warranty - big engined cars aren't shifting (my mint M3 took ages to shift and I had to drop my price significantly to get interest).
3) There is a shortage of credit, at a reasonable price.
4) Supply - there seem to be @ 280 V8V's for sale (incl roadsters) - I think a year ago there was around 50% less for sale.
What I mean is - why not keep the car? It's zero depreciation if you don't sell.
I can’t tell you how much I have gone round in my head as to which way to jump. The plan was always to keep the car a year and I went in with my eyes open, I knew I would take a hit when I sold (although it was still bigger than I anticipated). You only realise depreciation if you sell
ultimately there are a few factors in play:1) if you buy at a dealer and sell private / sell to dealer - you'll lose the "spread" of retail to trade / private value without any miles going on the car.
2) The market at the moment is not a good place - if you look at all the sales in the last month (there have only been a handful looking at PH / AT) are all @ the £36-38k mark covering 2006/2007 cars with a good spec and warranty - big engined cars aren't shifting (my mint M3 took ages to shift and I had to drop my price significantly to get interest).
3) There is a shortage of credit, at a reasonable price.
4) Supply - there seem to be @ 280 V8V's for sale (incl roadsters) - I think a year ago there was around 50% less for sale.
What I mean is - why not keep the car?
It's zero depreciation if you don't sell. Having said all that, would not change a thing about buying the car. I paid top money as bought from a dealer as like many people I needed a level of reassurance when buying such a car. In some ways that proved to be the right approach.
Suspect I might live to regret selling now and perhaps should have kept it for another year or two. But the deal is done so I need to start looking around for something fun, but cheaper. Lotus Elise is on the shopping list amongst other things.
ker than me 
michael gould said:
Not sure I would call an Aston a "super car”...
Certainly not a V8 Vantage!! But the V12V makes a compelling case as do a few oldies... The V600LM for example? The One-77 goes without saying!
The others are GTs and there' nothing wrong with that. The V8 Vantage is just a toy car though, Aston's Boxster if you will
yeti said:
Certainly not a V8 Vantage!! But the V12V makes a compelling case as do a few oldies... The V600LM for example?
The One-77 goes without saying!
The others are GTs and there' nothing wrong with that. The V8 Vantage is just a toy car though, Aston's Boxster if you will
Expensive toy The One-77 goes without saying!
The others are GTs and there' nothing wrong with that. The V8 Vantage is just a toy car though, Aston's Boxster if you will
krisdelta said:
So you've already sold? That's good news in the current climate
Elise's are fun - except for the falling in / crawling out business! Cracking drive.
Yes, had no problem selling it via Pistonheads, although priced it to sell really, I think you can kid yourself that you are going to get more. There are a lot of cars out there being advertised at prices they are not going to get, many way too close to main dealer prices.Elise's are fun - except for the falling in / crawling out business! Cracking drive.
The Elise is on the possible next car list (although take the point about getting in and out). I was also looking at a BMW Z4M. None are a match for the Aston in many ways, but want something fun, but cheaper to run. It will replace the Aston and our MX5 (have been running three cars, which is just daft).
Southwestdave said:
I was also looking at a BMW Z4M. None are a match for the Aston in many ways, but want something fun, but cheaper to run.
Dave,I came from a Z4MCoupe to the V8V, great fun car with plenty of power. Unless you're opting out of a main dealer network it won't be much cheaper to run - although they should have lost all the money they can by now. Bargain to buy not so to run. At 4+ years old now I'd explore the indi servicing route.
shunt said:
Dave,
I came from a Z4MCoupe to the V8V, great fun car with plenty of power. Unless you're opting out of a main dealer network it won't be much cheaper to run - although they should have lost all the money they can by now. Bargain to buy not so to run. At 4+ years old now I'd explore the indi servicing route.
Z4M - nice car - the engine is a peach, I found my (E46) M3 very good value to run, if you buy just after a major service I came from a Z4MCoupe to the V8V, great fun car with plenty of power. Unless you're opting out of a main dealer network it won't be much cheaper to run - although they should have lost all the money they can by now. Bargain to buy not so to run. At 4+ years old now I'd explore the indi servicing route.
Well done on a quick sale Dave
shunt said:
Dave,
I came from a Z4MCoupe to the V8V, great fun car with plenty of power. Unless you're opting out of a main dealer network it won't be much cheaper to run - although they should have lost all the money they can by now. Bargain to buy not so to run. At 4+ years old now I'd explore the indi servicing route.
That is something I do need to watch out for, no point selling the Aston (which I love) to then be hit with bills that are similar, although as you say the depreciation must have slowed right down on the Z4M.I came from a Z4MCoupe to the V8V, great fun car with plenty of power. Unless you're opting out of a main dealer network it won't be much cheaper to run - although they should have lost all the money they can by now. Bargain to buy not so to run. At 4+ years old now I'd explore the indi servicing route.
Southwestdave said:
That is something I do need to watch out for, no point selling the Aston (which I love) to then be hit with bills that are similar, although as you say the depreciation must have slowed right down on the Z4M.
Go for a boxster - best driving car bar non and cheap as chipsat presentGassing Station | Aston Martin | Top of Page | What's New | My Stuff