Early Vantages V8V - Time to hold or sell?
Discussion
Hi All
I had earlier this year deliberated selling this summer, only to have a complete change of heart and keep the car.
However, looking at early V8V prices starting to dip below £30k I am now wondering if I made a mistake.
My car has just under 40k miles and is in great condition. Probably worth about £32-34k. But I'd be miffed it it dropped to say £28k.
Remembering DB7 prices they fell to £15k before recovering. Are we in for the same now?
Cheers
R
I had earlier this year deliberated selling this summer, only to have a complete change of heart and keep the car.
However, looking at early V8V prices starting to dip below £30k I am now wondering if I made a mistake.
My car has just under 40k miles and is in great condition. Probably worth about £32-34k. But I'd be miffed it it dropped to say £28k.
Remembering DB7 prices they fell to £15k before recovering. Are we in for the same now?
Cheers
R
NewbishDelight said:
I'm selling mine, but that's not out of any investment thoughts - just time to get something with space for dog.
I think it depends on why you would be looking to sell - they'll go down a bit further before they start to increase. Don't forget that they made quite a lot of them!
My dog is happy as Larry in a basket on the parcel shelf! I think it depends on why you would be looking to sell - they'll go down a bit further before they start to increase. Don't forget that they made quite a lot of them!
I considered selling mine but there's nothing comparable to replace it with without spending a fortune on top.
rossyl said:
I'd only be selling to buy something else/similar
In which case the the buy sell spread isn't going to do you an favours.Personally I wouldn't do that unless you were either looking for a different brand, or after a much newer Aston.
Unless it's a very rare machine, then we all know that none of this stuff is a sensible place to put your money.
I've always bought my cars to enjoy them, if I worried about the value of them then 99% of the time I wouldn't have even considered buying what I have. None of us like to loose money obviously, but you need to live and enjoy yourself, otherwise whats the point in working your arse off to get these things in the first place.
I'd just carry on enjoying what you have. The value of an early Vantage really won't change much IMHO. They're a very different beast from the DB7's (in every respect), and we also live in different times now.
Values of these early cars are rather dependant on mileage, condition & options. I don't think values will change much in the near future but unless ICE vehicles become difficult to run in years to come I think values of well kept V8Vs will eventually see an increase as we are seeing with DB7s.
The danger with some early cars being good vfm is that they will be bought by some who can't afford to maintain them properly.
The danger with some early cars being good vfm is that they will be bought by some who can't afford to maintain them properly.
Id just carry on enjoying it.
Nearly sold mine in 2009 after an accident (different car) took me off the road for a long time so it was just stood for a while.
The trade price I was offered with 40k miles on it was a joke compared with the 2007 price I paid for a 12 month old car.
So I kept it until I was driving again in 2010 and by 2016 I had doubled the mileage on it (its a weekend car) When I eventually traded in, the trade price was £10k less than I was offered in 2009.
Sure, there is yearly inflation in there to account for the value increase, but I had a lot of fun over over those extra 43k miles for the £10k perceived loss in value.
Where you are now with your Vantage in age/value/mileage even with 2x the mileage on your car, it does not make that much difference to the trade value.
If someone said now you can drive another 40k miles in a Vantage and "just" lose say £7k (plus running costs) that would be a bargain ....right ?
....at least thats how I do my man maths
If you just want to try different cars (as we all do at sometime) its cheaper to join a hire club and have long weekends trying them out to see if you would really get on with them long term. A few grand a year for some "special weekend drives" is less than the buy/sell margin hit you get every time you change cars........
Nearly sold mine in 2009 after an accident (different car) took me off the road for a long time so it was just stood for a while.
The trade price I was offered with 40k miles on it was a joke compared with the 2007 price I paid for a 12 month old car.
So I kept it until I was driving again in 2010 and by 2016 I had doubled the mileage on it (its a weekend car) When I eventually traded in, the trade price was £10k less than I was offered in 2009.
Sure, there is yearly inflation in there to account for the value increase, but I had a lot of fun over over those extra 43k miles for the £10k perceived loss in value.
Where you are now with your Vantage in age/value/mileage even with 2x the mileage on your car, it does not make that much difference to the trade value.
If someone said now you can drive another 40k miles in a Vantage and "just" lose say £7k (plus running costs) that would be a bargain ....right ?
....at least thats how I do my man maths
If you just want to try different cars (as we all do at sometime) its cheaper to join a hire club and have long weekends trying them out to see if you would really get on with them long term. A few grand a year for some "special weekend drives" is less than the buy/sell margin hit you get every time you change cars........
olv said:
My dog is happy as Larry in a basket on the parcel shelf!
I considered selling mine but there's nothing comparable to replace it with without spending a fortune on top.
That’s the issue for me. Stunning timeless looks, V8 engine, manual box, badge on the nose. Worth peanuts. I considered selling mine but there's nothing comparable to replace it with without spending a fortune on top.
I quite fancy something Italian before I get too old but given how little the Aston is worth it’s hard to justify. Given how good the Aston is at its price point I’m more tempted to run something alongside it or just mothball it in storage to come back to.
rossyl said:
sundayjumper said:
And you're confident an R8 *won't* drop ?
Definitely not...but it's holding pretty wellI've been trying to buy one (2008-2012-ish) for a couple of months now and pricing really based on condition. A 2006 can be priced from £26k up to £50K (one on Autotrader with 100 miles on it!). Ones I've been to see often look great in photos and promised it is "mint" - then find it needs at very least the front re-sprayed, new brakes, alloys done, leather re-trimmed etc etc. I think a lot of the car is quite fragile really - either needs care or continual maintenance (which costs a lot of money).
Attraction for me is the timeless looks - best looking car in world the original V8V. Even at £40k they seem a bargain.
Attraction for me is the timeless looks - best looking car in world the original V8V. Even at £40k they seem a bargain.
Attraction for me is the timeless looks - best looking car in world the original V8V
My thoughts exactly. I’m not a petrol head, it was the looks that attracted me , not the figures under the bonnet.
If money was no object I have the body sliced in have right Down the middle and hung on my wall
My thoughts exactly. I’m not a petrol head, it was the looks that attracted me , not the figures under the bonnet.
If money was no object I have the body sliced in have right Down the middle and hung on my wall
rossyl said:
Not sure what the other car would be beyond an Audi R8
Audi R8.... Really? Get a grip man. Might be a great car, but it's not an Aston Martin is it? Even if it comes with heated rollers as standard, it's still not one of the most beautiful cars ever built. Which the Vantage is. Shame on you...........
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