V12V time to sell?
Discussion
Looking at V12V prices they have softened over the winter months, probably along with other cars of this type.
Where does anybody think prices are going over the next 12 to 24 months for good low mileage versions .
I know it’s crystal ball time , but should I cut and run or hang in and hope they strengthen a bit. A 10k lift on a 2013 model would make it at least break even for me
Where does anybody think prices are going over the next 12 to 24 months for good low mileage versions .
I know it’s crystal ball time , but should I cut and run or hang in and hope they strengthen a bit. A 10k lift on a 2013 model would make it at least break even for me
I really doubt that prices are going to increase over the next couple of years as some makes have have had minimal depreciation along with a slowing of the market.
If other people start thinking the value of their car is going to drop more will hit the market and supply and demand pricing takes over.
Over the last couple of years we have financed cars for people who would not previously owned such cars but a couple believe they are buying investments. I try to point out they should by cars as they want to enjoy them not as investments.
If other people start thinking the value of their car is going to drop more will hit the market and supply and demand pricing takes over.
Over the last couple of years we have financed cars for people who would not previously owned such cars but a couple believe they are buying investments. I try to point out they should by cars as they want to enjoy them not as investments.
I’m sure they will continue to reduce just as the DB7 did. Only now are those cars starting to firm up in price again... for the best examples. I saw a nice DB7 Vantage in an auction last week. Good condition from a glance but didn’t cost much. I suppose the DB7 Vantage is the equivalent of what the V12 Vantage will be thought of in 20 years.
Enjoy it. If you think you’ll enjoy something more, change now and just have fun.
It’ll probably be only the genuine specials (GT12, GT8, Zagato, V600) that can be seen as a potential investment. All others were largely paint jobs of a car made in their thousands.
I only hope AM Works will get real with its Spitfire V12VS that they have been sitting on for sooooo long. At £225k, it doesn’t matter how nicely spec’d it is, it’s not as special as that. I would still think twice at £150k.
Enjoy it. If you think you’ll enjoy something more, change now and just have fun.
It’ll probably be only the genuine specials (GT12, GT8, Zagato, V600) that can be seen as a potential investment. All others were largely paint jobs of a car made in their thousands.
I only hope AM Works will get real with its Spitfire V12VS that they have been sitting on for sooooo long. At £225k, it doesn’t matter how nicely spec’d it is, it’s not as special as that. I would still think twice at £150k.
I keep thinking of selling my V12V (it's not the V12V S) but then I'm stopped by the fact that there are only some 300 or so right hand drive examples in the UK. To me the V12V S is more ubiquitous and not as special given the auto and 7 speed versions- sorry just my opinion even though they are great cars. I also disagree that the V12V it can be compared to the DB7 situation.
I listened to all the wrong advice and sold a 911 Turbo S (996 series) several years ago. There are approximately 600 996 Turbo S cars worldwide, I had a manual one too. Sold it when there was uncertainty about prices- was gutted a couple of years later when I saw they have doubled in value. This past experience means it stops me from selling mine and enjoying one of the last NA V12 cars with a manual gearbox as I think it's in the same rarefied rarity as the 996 Turbo S. Just saying.....
I listened to all the wrong advice and sold a 911 Turbo S (996 series) several years ago. There are approximately 600 996 Turbo S cars worldwide, I had a manual one too. Sold it when there was uncertainty about prices- was gutted a couple of years later when I saw they have doubled in value. This past experience means it stops me from selling mine and enjoying one of the last NA V12 cars with a manual gearbox as I think it's in the same rarefied rarity as the 996 Turbo S. Just saying.....
D1FDS said:
...I listened to all the wrong advice and sold a 911 Turbo S (996 series) several years ago. There are approximately 600 996 Turbo S cars worldwide, I had a manual one too. Sold it when there was uncertainty about prices- was gutted a couple of years later when I saw they have doubled in value. .....
Even the non-S 996 turbos shot up in price. I caught the start of it - which meant I sold the 20k mile 1 owner car I bought from a dealer 5.5 years later with 65k miles on it for about the same I paid for it. But even so, I sold a tad early (but once I'd bought my V8V, the turbo would never have got used anyway).I don't believe there'll ever be a new Vantage with a V12 engine - and certainly not a Vantage with a V12 Engine and a manual gearbox. This really is the last of an era.
I don't see prices climbing in the short term - but as we move to an age of V6's (as the Vantage is rumoured to get) and turbo's on V8's even becoming a stretch under the current emissions laws - cars like this will become very special indeed. Not in 5 years, maybe not in 10, but in 20 years - the sound of a V12 on the streets will be a rare thing.
Every time I get in my car - I grin like a child - and have the pleasure of watching other people grin at me too when I'm hooning up the hill on the way out of village at full chat. I'm all for changing times and modernisation - but you're never going to stir emotions with a Tesla.
If you sell - you're a fool
Cheers,
Chris.
I don't see prices climbing in the short term - but as we move to an age of V6's (as the Vantage is rumoured to get) and turbo's on V8's even becoming a stretch under the current emissions laws - cars like this will become very special indeed. Not in 5 years, maybe not in 10, but in 20 years - the sound of a V12 on the streets will be a rare thing.
Every time I get in my car - I grin like a child - and have the pleasure of watching other people grin at me too when I'm hooning up the hill on the way out of village at full chat. I'm all for changing times and modernisation - but you're never going to stir emotions with a Tesla.
If you sell - you're a fool
Cheers,
Chris.
Sadly they're not investments, I've owned several Aston Martin's including V12V & V12VSM and lost money on all of them
The recent Vanquish Zagato's appear to trade at a premium but I guess only to investors, I've not seen a post on here from someone who bought one. They're really not that special and I think the second buyer will take some serious pain on sale
Gen I Vanquish's have repeatedly been tipped as future investments but have continued to fall in value with the odd optimistic Ultimate being advertised at big money but again can only be an investor type purchase. Mine was an S with Works manual conversion, it looked stunning but not a great drive, I did less than 100 miles in it
I recently sold my V12VSM with less than 2000 miles and under year old for 25% less than the discounted price I paid for it, a good car but without any sort of Bond connection they will never be an investment. Its a shame AM didn't market it exploiting the GT3's racing successes, that might of helped
I do still have a DBS manual which I've owned longer than any of the others, possibly the greatest looking AM of all time, has a Bond connection and is a great drive but still falling in value
My advice is if you enjoy it keep it, if not sell but the longer you leave it the more you will lose
The recent Vanquish Zagato's appear to trade at a premium but I guess only to investors, I've not seen a post on here from someone who bought one. They're really not that special and I think the second buyer will take some serious pain on sale
Gen I Vanquish's have repeatedly been tipped as future investments but have continued to fall in value with the odd optimistic Ultimate being advertised at big money but again can only be an investor type purchase. Mine was an S with Works manual conversion, it looked stunning but not a great drive, I did less than 100 miles in it
I recently sold my V12VSM with less than 2000 miles and under year old for 25% less than the discounted price I paid for it, a good car but without any sort of Bond connection they will never be an investment. Its a shame AM didn't market it exploiting the GT3's racing successes, that might of helped
I do still have a DBS manual which I've owned longer than any of the others, possibly the greatest looking AM of all time, has a Bond connection and is a great drive but still falling in value
My advice is if you enjoy it keep it, if not sell but the longer you leave it the more you will lose
KevinBird said:
Sadly they're not investments, I've owned several Aston Martin's including V12V & V12VSM and lost money on all of them
The recent Vanquish Zagato's appear to trade at a premium but I guess only to investors, I've not seen a post on here from someone who bought one. They're really not that special and I think the second buyer will take some serious pain on sale
Gen I Vanquish's have repeatedly been tipped as future investments but have continued to fall in value with the odd optimistic Ultimate being advertised at big money but again can only be an investor type purchase. Mine was an S with Works manual conversion, it looked stunning but not a great drive, I did less than 100 miles in it
I recently sold my V12VSM with less than 2000 miles and under year old for 25% less than the discounted price I paid for it, a good car but without any sort of Bond connection they will never be an investment. Its a shame AM didn't market it exploiting the GT3's racing successes, that might of helped
I do still have a DBS manual which I've owned longer than any of the others, possibly the greatest looking AM of all time, has a Bond connection and is a great drive but still falling in value
My advice is if you enjoy it keep it, if not sell but the longer you leave it the more you will lose
Sadly I'm inclined to agree with this.The recent Vanquish Zagato's appear to trade at a premium but I guess only to investors, I've not seen a post on here from someone who bought one. They're really not that special and I think the second buyer will take some serious pain on sale
Gen I Vanquish's have repeatedly been tipped as future investments but have continued to fall in value with the odd optimistic Ultimate being advertised at big money but again can only be an investor type purchase. Mine was an S with Works manual conversion, it looked stunning but not a great drive, I did less than 100 miles in it
I recently sold my V12VSM with less than 2000 miles and under year old for 25% less than the discounted price I paid for it, a good car but without any sort of Bond connection they will never be an investment. Its a shame AM didn't market it exploiting the GT3's racing successes, that might of helped
I do still have a DBS manual which I've owned longer than any of the others, possibly the greatest looking AM of all time, has a Bond connection and is a great drive but still falling in value
My advice is if you enjoy it keep it, if not sell but the longer you leave it the more you will lose
The issue is we all think we have something rare/special. I might argue Vanquish S Volante is the last of the flagship cars with a N/A V12 built in limited numbers and must at some point appreciate.
This brings us on to what is considered "rare". Is 300 UK cars really "rare"?
Even the flipped Zag's are starting to stick.
I sold my 1 of 7 DBS because I was too worried about it's future value. I couldn't care less about my not at all "rare" VSV and it is therefore a far more pleasurable ownership experience.
I think it’s also worth considering what else you might do with the money.... if you’d be likely to buy another car at similar value, then you’ll be potentially be in a worse position, as depreciation of (any) Vantage is low for the sector.
As a side note, even considering spending this kind of money on a newish/modern car and not expecting to lose any money is a fairly new and probably temporary scenario; we've quickly become spoilt at even having the chance of the "break even" mentioned in the OP.
Drive and enjoy.....!
As a side note, even considering spending this kind of money on a newish/modern car and not expecting to lose any money is a fairly new and probably temporary scenario; we've quickly become spoilt at even having the chance of the "break even" mentioned in the OP.
Drive and enjoy.....!
Edited by johnnyBv8 on Friday 15th March 10:10
Funnily enough, i'm in the process of buying one, part of the decision being influenced by the depreciation. I wanted a stop-gap for 1.5ish years, and think these won't lose much at all. Don't think they will go up either in that time though. Have a deposit on a car but i'm starting to get cold feet as the dealer is being very slow getting me the full history (I don't take just the dealer stamps as sufficient), so if anyone does have interest to sell, PM Me a message. Looking at V12V only (not S or V8).
AMVSVNick said:
it is therefore a far more pleasurable ownership experience.
Exactly this. Buy a car to drive it, enjoy it, sod the residuals. Finance deals are all over the place at the moment, the amount of second hand cars available between 60-100k is absolutely staggering. That top pressure is going to continue to weigh down on all but they very rare / special / 0 mileage cars. Edited by dbs2000 on Friday 15th March 10:21
Jon39 said:
Can you suggest any 8 year old Aston Martin, which might not have depreciated?
Jon39. You picture the Cygnet and you're right, they are creeping up in value year on year, selling now on average at their original sale price. Only 150 rhd cars produced, likely their values will steadily continue to rise. Other limited edition cars of which I am aware have increased in value (there may well be others) are the Simon Lane Aston Martin Cambridge 'Q' project cars. Yes they are by comparison to their donor model very expensive but judging by the one or two that have changed hands, they do seem to be holding their value,,,,,, no guarantees of course,,,, only time will tell Jon.
Am I looking at different adverts?
I held off advertising my V12V coupe towards the end of last year as there were about 10 cars sub £70k, there are now 2/3.
Don't think they are going to go up quickly by any stretch and am still going to sell mine shortly, but they are in a stronger position than before the winter.
I held off advertising my V12V coupe towards the end of last year as there were about 10 cars sub £70k, there are now 2/3.
Don't think they are going to go up quickly by any stretch and am still going to sell mine shortly, but they are in a stronger position than before the winter.
Edited by Upperworks on Friday 15th March 11:35
Keep in mind those market prices don’t reflect part ex numbers. Was offered 60k for my 2012 CB V12V (perfect with under 20k miles) as part ex for my McL. Decided to keep it, not because I expect it to appreciate, but felt more valuable than that to me. Will have to see how much I end up using it after the honeymoon with the McL wears off.
RiknRoll said:
...... Have a deposit on a car but i'm starting to get cold feet as the dealer is being very slow getting me the full history (I don't take just the dealer stamps as sufficient), ......
Whilst buying my Vantage, I asked about maintenance history. Within a few minutes, the salesman produced a very comprehensive printout of all the information from PDI onwards, even showing the workshop charging the sales deprtment for some routine items. The car had been sold originally and also maintained, by that same dealer. Perhaps it is that aspect which makes it easier (or even possible) to access the full maintenance history.
Maybe the data laws might become involved, but my salesman wanted to sell the car. There was further pressure upon him, because by a complete fluke, I struck lucky with a September dealer sales target. That certainly helped with price negotiation !
If you have worries, sometimes it might become possible to contact the previous owner. I am a believer in condition being the important measure. If everything, especially the interior looks brand new, you have probably found a good car which has been cared for.
Best of luck.
Edited by Dewi 2 on Friday 15th March 12:41
12pack said:
Keep in mind those market prices don’t reflect part ex numbers. Was offered 60k for my 2012 CB V12V (perfect with under 20k miles) as part ex for my McL. Decided to keep it, not because I expect it to appreciate, but felt more valuable than that to me. Will have to see how much I end up using it after the honeymoon with the McL wears off.
agree market asking price is different to px value to a dealer. I'm comparing asking prices with asking prices. Dewi 2 said:
Whilst buying my Vantage, I asked about maintenance history. Within a few minutes, the salesman produced a very comprehensive printout of all the information from PDI onwards, even showing the workshop charging the sales deprtment for some routine items. The car had been sold originally and also maintained, by that same dealer. Perhaps it is that aspect which makes it easier (or even possible) to access the full maintenance history.
Maybe the data laws might become involved, but my salesman wanted to sell the car. There was further pressure upon him, because by a complete fluke, I struck lucky with a September dealer sales target. That certainly helped with price negotiation !
If you have worries, sometimes it might become possible to contact the previous owner. I am a believer in condition being the important measure. If everything, especially the interior looks brand new, you have probably found a good car which has been cared for.
Best of luck.
Edited by Dewi 2 on Friday 15th March 12:41
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