New Vantage affect on outgoing model prices?

New Vantage affect on outgoing model prices?

Author
Discussion

malcolmbinns

52 posts

79 months

Monday 11th December 2017
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This year I've been tracking a few car prices and the approximate annual depreciation (CAGR), based on Cazana, for a
  • 2006 Aston Martin Vantage V8 Manual is about -1.50% (i.e. falling by 1.5% per year)
  • 2007 Aston Martin Vantage V8 Manual is about -0.68%
  • 2008 Aston Martin Vantage V8 Auto is about -6.11%
  • 2009 Aston Martin Vantage V8 Roadster Auto is about -9.09%
Overall Auto's depreciate more than manuals and the 2007 manual has the least depreciation, from what I've seen.

Other price comparison sites are available, but it's a decent reference point.

I don't expect prices for the mature V8 Vantages (<2009) to be changed by the new Vantage; and I can't see them rising anytime soon unless you're prepared to not drive it and keep it super low mileage as a concourse/museum piece.

mhurley

823 posts

134 months

Monday 11th December 2017
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I don’t see early v8 vantage roadsters dropping much eg I can’t see them dropping to 30k

V8 Vantage GT

1,574 posts

107 months

Monday 11th December 2017
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My 2 cents worth.

The new Vantage will mostly likely have no affect on current values.

V12's lose value faster that V8's, more likely due to their higher MSRP than any other reason, as well as being auto shift. I don't know about the new 7 speed manual, they have not been out long enough.

V8 manuals maintain higher values that auto shift.

Values are more mileage and color dependent than option dependent. Options while costly on new cars, don't residualize much higher as opposed to lower optioned cars. Look at S cars compared to GT cars of the same year. S cars lose more of there value than the lower optioned GT cars of the same year. They sell for close to the same, even though the S may have been 30% higher when new.

My instinct tells me that the new Vantage will be an incredible value used in 3 or 4 years. You will see $200,000 (MSRP) low mileage cars selling close to $100,000 within in a year to of sold new.

In the US, British cars historically don't hold their value well at all. I can't speak for the Europe.

Norgrom

63 posts

154 months

Monday 11th December 2017
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When Lambo brought out the Huracan and replaced the Gallardo, like Aston they upped the price by £20-30k. This had and still has the effect of increasing and firming up used values of the Gallardo - I suspect because the Huracan wasn’t liked quite as much and also there was a general halo effect.

So maybe a lot will depend on just how favourable the new Vantage is received (not only in the immediate launch phase)?

I’ve got a V12SR which I still love. I wanted to like the DB11 but it’s disappointing to my eyes (tho better in the flesh); the new Vantage looks great in profile, rear is great apart the overdone diffuser and I’m not sure about the front. One thing that I’ve not checked on the is the dimensions. Generally a smaller car costs less to make as materials are fewer - is the new Vantage smaller than the old model ? Just wondering.... The interior is nice tho a shame there’s no centre console ... got me thinking about cost n cost cutting tho ..

RL17

1,255 posts

94 months

Monday 11th December 2017
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Speedraser

1,657 posts

184 months

Tuesday 12th December 2017
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The Surveyor said:
Beautiful yes, but now dated.

Manual gearchange, but one with a horrid cable linkage mated to a dreadful and fragile clutch.

Again with the exception of the V12 Vantage, the V8 Vantages will follow the straight 6 DB7's downwards as they naturally become 'the old one'.
I disagree with a lot of your comments, but I'll reply to a few.:

Dated? Not a day IMO. If it had been introduced today people would just say it's gorgeous. I think it will age better than the New one.

Horrid linkage??? Not in my experience. In fact, I think it has a superb manual 'box. No clutch issues for me, either, and the poll done here certainly doesn't support such scathing comments, especially for manual cars.

The DB7 is beautiful and it saved the company, but... it's based on the XJS platform and used a Jaguar engine. The V8V, of course, uses Aston's own structure and uses its own engine (basically zero parts in common with the Jag V8).

johnnyBv8

2,419 posts

192 months

Tuesday 12th December 2017
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Whilst I'd love to think that the new Vantage will increase prices of the outgoing model, I don't think they will. The markets are pretty far apart, and I therefore don't think it'll have much effect.

The Vantage is a great used buy, and still very desirable...I think they'll continue to be. If you don't mind the initial outlay, the total cost of ownership including depreciation and running costs is generally less than gfor someone that buys a new hot hatch or equivalent.

Grant3

3,638 posts

256 months

Tuesday 12th December 2017
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The Vantage will likely follow the same trend as the DB9, newer cars will dip as pxed cars move into the dealers and then level out nicely once stock levels are back to normal. How big a dip will depend on how many current owners make the move. With the new car sitting at about 140k, with some tasty options, and no initial discounts this should help values.... until lots of the latest model hit the used market.

I disagree with some of the negatives above, the current Vantage is a rare beast, it's an analogue car but with useful digital additions!

The V8 may not be ultra fast, but it's fast enough to give you a buzz - the steering is hydraulic and amongst the very best out there- the power to weight balance is spot on - the weight distribution is superb allowing the car to flow round bends in a unique and addictive way - the suspension is double wishbone all round and beautifully judged and it benefits from a very rigid chassis - the sound is awesome - it still looks beautiful inside and out and most seem to love the Aston - yet the old school drivability is backed up by a decent amount of tech ( not cutting edge but OK) Aston even introduced Bluetooth Before Porsche - and at current used pricing it's even good value.... sometimes less is more!

That's not taking away anything from the new kid on the block, it is an awesome beast and if I could justify the 75k-ish to change I'd be ordering one (when they introduce the classic pack wink) but I'd still respect the outgoing beastie as a class act that has been honed and enhanced over the years smile

hashluck

1,614 posts

276 months

Tuesday 12th December 2017
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Grant3 said:
The Vantage will likely follow the same trend as the DB9, newer cars will dip as pxed cars move into the dealers and then level out nicely once stock levels are back to normal. How big a dip will depend on how many current owners make the move. With the new car sitting at about 140k, with some tasty options, and no initial discounts this should help values.... until lots of the latest model hit the used market.

I disagree with some of the negatives above, the current Vantage is a rare beast, it's an analogue car but with useful digital additions!

The V8 may not be ultra fast, but it's fast enough to give you a buzz - the steering is hydraulic and amongst the very best out there- the power to weight balance is spot on - the weight distribution is superb allowing the car to flow round bends in a unique and addictive way - the suspension is double wishbone all round and beautifully judged and it benefits from a very rigid chassis - the sound is awesome - it still looks beautiful inside and out and most seem to love the Aston - yet the old school drivability is backed up by a decent amount of tech ( not cutting edge but OK) Aston even introduced Bluetooth Before Porsche - and at current used pricing it's even good value.... sometimes less is more!

That's not taking away anything from the new kid on the block, it is an awesome beast and if I could justify the 75k-ish to change I'd be ordering one (when they introduce the classic pack wink) but I'd still respect the outgoing beastie as a class act that has been honed and enhanced over the years smile
Nicely put Grant