AMV8 options list, prices and my impression.
Discussion
jamesps said:
I have a physical AM V8, delivered earlier this week. I am looking for £3,500 premium. The spec is as follows:
Hang on, hang on - £3,500? Er, why?
Unless you are some kind of serial car trader then this sort of activity bemuses me.
Why not simply invest in property?
Is it some kind of bragging right to tell people 'I have/had an Aston?'
I mean wtf does £3,500 get you these days that warrants trading on a car like this?
Sorry but this is bullsh1t.
derestrictor said:
jamesps said:
I have a physical AM V8, delivered earlier this week. I am looking for £3,500 premium. The spec is as follows:
Hang on, hang on - £3,500? Er, why?
Unless you are some kind of serial car trader then this sort of activity bemuses me.
Why not simply invest in property?
Is it some kind of bragging right to tell people 'I have/had an Aston?'
I mean wtf does £3,500 get you these days that warrants trading on a car like this?
Sorry but this is bullsh1t.
Not necessarily sticking up for Jamesps but what is the problem with this? What's the difference between trying to make a profit by investing some money in a car rather than some in a property. I see James will make a quicker return on the car than would be possible on a property, doesn't involve the hassle of estate agents, stamp duty, solicitors etc and can probably hide the transaction from CGT more easily
>days that warrants trading on a car like this?
£3500 is £3500...surely it's up to James whether he takes a £90K investment to make £3500, after all, that's 3.8% return over, lets say, 3 weeks...67% APR. Not bad I'd say.
Just thought I'd put the other side of the argument...
derestrictor said:
3 weeks? Surely a deposit will have been down for much longer than that, making the rate of return somewhat less.
Ok, I was basing calc on full monies transferred rather than calculating on £5k over 6 months and the £85k over 3 weeks....Nevertheless, not a bad rate of return.
derestrictor said:
Regardless, I simply cannot fathom the sacrifice of such a quasi religous ownership experience for such a small sum.
Might agree with you about that though Mind you, actually affording to buy and immediately selling is very different to actually being able to afford to have a £90k car for every day use..
One man's loss, is another man's gain. £3500 premium is an absolute bargain. Bund buy it. I doubt you will get a deal like that again. The cost to you is a mere extra 4% depreciation (if any) when you come to sell it.
From the seller's perspective does he a) keep the car, drive it, enjoy it or b) take £3500. Or, put it another way, would you lose (pay) £3500 to own, drive and enjoy a brand new Aston Martin for an indeterminate period - say 1 weekend, I week, 1 month?
I think anyone with an ounce of optimax in their veins knows the answer to that question.
Thats why this web site is called Pistonheads and not letsmakeaquickbuckheads.
From the seller's perspective does he a) keep the car, drive it, enjoy it or b) take £3500. Or, put it another way, would you lose (pay) £3500 to own, drive and enjoy a brand new Aston Martin for an indeterminate period - say 1 weekend, I week, 1 month?
I think anyone with an ounce of optimax in their veins knows the answer to that question.
Thats why this web site is called Pistonheads and not letsmakeaquickbuckheads.
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