V12V time to sell?

Author
Discussion

Mako V12V

3,135 posts

214 months

Saturday 13th April 2019
quotequote all
Thanks for the messages guys.

Jon39 - even if I sold the car, I’d still continue with the Register. Over 8 years work now and I have almost 900 of the 1200 built.
“Write off and forget the value” - haha, that’s funny, if only I could afford myself that luxury.

Cayman Black - I am okay yes, but imagine how much easier and enjoyable life would be with an extra £70k+ versus the little use I get from the car then that pretty much sums it up.

AMVSVNick - thank you for your terse reply. Great insight. I’m well aware of how it is in the “real world” having been around this forum and doing my Register all this time.

CSK1 - yes I agree now isn’t a good time. I’m testing the water. It doesn’t taste good. I don’t have to sell this year. And yes, it would be gutting.

Have a fun weekend Astonauts, the sun is shining....now where’s the Aston key wink

hashluck

1,612 posts

275 months

Saturday 13th April 2019
quotequote all
Mako V12V said:
Thanks for the messages guys.

Cayman Black - I am okay yes, but imagine how much easier and enjoyable life would be with an extra £70k+ versus the little use I get from the car then that pretty much sums it up.
Unless you have real plans for the money (new business venture, house extension or purchase etc.) then it soon goes and you will not remember how or on what and then you will have no money or car. One for careful consideration.

AMVSVNick

6,993 posts

162 months

Saturday 13th April 2019
quotequote all
Mako V12V said:
AMVSVNick - thank you for your terse reply. Great insight. I’m well aware of how it is in the “real world” having been around this forum and doing my Register all this time.
Phil,

I do apologise, it wasn't meant to come across that way.

I just seems that everyone in forum world seems to compare retail prices when looking at values rather than what is actually achievable in the real world.

If I look at what I payed for my car 12 months ago and what it would achieve trade today it is fecking horrendous and there are only two in the network!!!

Hope you got out in the sun today.

Nick

ashway

532 posts

165 months

Saturday 13th April 2019
quotequote all
Buster73 said:
Ash ,

They were the BBS wheels , Mill VW offered me a cracking deal on some they had in stock, except they were gold , ended up with silver wheels at the same price , on a Tornado red Gti.

E 802 LBR , how sad that I can still even remember the registration number.
I had a white 16v F316 WVN supplied by Shoreline VW in Redcar, long since gone. Didn’t have the BBS wheels though. Still remember it as one of my favourite ever cars

Felonious

388 posts

174 months

Saturday 13th April 2019
quotequote all
hashluck said:
Unless you have real plans for the money (new business venture, house extension or purchase etc.) then it soon goes and you will not remember how or on what and then you will have no money or car. One for careful consideration.
He's right you know.

JohnG1

3,471 posts

205 months

Sunday 14th April 2019
quotequote all
Mako V12V said:
I was thinking to sell mine this year. Not because of any uncertainties, just that I want to use the money for non-car related things.
Been offered £65k off Independent dealer. I need to pull £70k+ though so may not happen unless a private buyer is interested.
No, my brother-in-Mako-blue-arms, say it ain't so...

Infamy, infamy, they've all got it in for me (apologies to the late Frankie Howerd)

chesby

476 posts

224 months

Sunday 14th April 2019
quotequote all
JohnG1 said:
Infamy, infamy, they've all got it in for me (apologies to the late Frankie Howerd)
Wasn’t that Kenneth Williams in Carry on Cleo?

V8LM

5,173 posts

209 months

Wayne95

Original Poster:

403 posts

246 months

Sunday 14th April 2019
quotequote all
Mako V12V said:
I was thinking to sell mine this year. Not because of any uncertainties, just that I want to use the money for non-car related things.
Been offered £65k off Independent dealer. I need to pull £70k+ though so may not happen unless a private buyer is interested.

If it helps, I sold my V12V 2013 privately and managed over £70k. 16 k miles with full AMSH. I too was offered £65k from specialists.

It was a sad day, but the guy who bought will enjoy it much more thaI could with limted time and opportunity to get it out the garage. Bought something cheaper but less precious so been out in all weathers and enjoyed it.

Will be back in an Aston at some point - waitng for DB11 AMR's to hit sensible prices in a few years..

joinery80

544 posts

122 months

Sunday 14th April 2019
quotequote all
Was it a manual or auto

Jon39

12,816 posts

143 months

Sunday 14th April 2019
quotequote all

joinery80 said:
Was it a manual or auto

One of the things making the V12V model special, is they are all manuals.







cayman-black

12,641 posts

216 months

Monday 15th April 2019
quotequote all
Wayne95 said:
If it helps, I sold my V12V 2013 privately and managed over £70k. 16 k miles with full AMSH. I too was offered £65k from specialists.

It was a sad day, but the guy who bought will enjoy it much more thaI could with limted time and opportunity to get it out the garage. Bought something cheaper but less precious so been out in all weathers and enjoyed it.

Will be back in an Aston at some point - waitng for DB11 AMR's to hit sensible prices in a few years..
Cheap car, these are such great value for money compared to the usual suspects.

Wayne95

Original Poster:

403 posts

246 months

Monday 15th April 2019
quotequote all
joinery80 said:
Was it a manual or auto
Manual as its a V12V.

RiknRoll

169 posts

179 months

Monday 15th April 2019
quotequote all
Wayne95 said:
If it helps, I sold my V12V 2013 privately and managed over £70k. 16 k miles with full AMSH. I too was offered £65k from specialists.

It was a sad day, but the guy who bought will enjoy it much more thaI could with limted time and opportunity to get it out the garage. Bought something cheaper but less precious so been out in all weathers and enjoyed it.

Will be back in an Aston at some point - waitng for DB11 AMR's to hit sensible prices in a few years..
Thanks Wayne I certainly am enjoying it! - Fantastic machine, and i'm totally in love with it - I've put something like 300 miles on it so far in the very limited time I've had - but this coming weekend is when the real fun starts, I have another 1.000 miles trip planned for it!

My thought on the market - I don't think there's too many buyers out there at moment, and certainly am seeing prices dropping, most of the adverts on autotrader have been up a long time now, and been a few price cuts. I now hope of course it's not a trend that continues for long biggrin But no regrets right now!

cardigankid

8,849 posts

212 months

Tuesday 16th April 2019
quotequote all
We are in a phase in the market where classic / collector car values (there will always be exceptions so please don't rush to point them out) are falling. They couldn't climb forever, and no manufacturer is immune, nor any 'special editions' and limited run ultracars.

You have Brexit, threatened speed limits, electrification, automation, low emission zones etc as well as possible higher interest rates and many other factors.

But the classic car market has always also been about picking the cars to have, and being prepared to invest for the long term. It also helps to want the car for its own sake, and being prepared to burn the cash if it has to be. But people with the right judgement and some discrimination rarely buy plugs. I remember the days when a 18 month old Daytona with 2,000 miles up at £9,600, and an Aston Martin DB5 Convertible 9 years old and in need of TLC for £1,695 were dodgy places to put your cash, and lay in showrooms for months. You'd have to be mad, right?

It is imho no bad thing to have one of the last of the NA Astons, dare I say a V8 or a V12. The DB9, so cool and desirable when launched in 2004, now looks big and cumbersome, isn't reckoned much of a handler, and performance figures aren't great by today's standards. I see them dropping to giveaway levels. The more muscular DBS is a much more attractive proposition with the looks, the agility, more go and the Bond connection.

By contrast with the DB9, the Vantage looks increasingly the better design, more compact, better proportioned, more of a sports car. Every inch an Aston to have. The V12 has the cachet. Now I'm not an expert and I've never driven a V12 Vantage, I'm sure they are fantastic, but I'm thinking a nice V8 Vantage S is a little lighter, maybe more agile, and though more numerous, almost as good as a keeper, provided it has the manual not the Sportshift box. Shoot me down by all means. Either is a fabulous car to have.

If Aston Martin's fortunes flag as they have done before, if there is a severe downturn, and inflation creeps up, and people bin their early leggy, high maintenance and not always immaculate V8V's, it wouldn't surprise me to see nice V12V & V8VS models firm up and start to become very collectible, over a 5-10 year time frame. That's the kind of gamble you have to take. If you only gamble in certainties in this market, you are no more than a flipper.

What's the worst that can happen, you have a fantastic car you can take out and do the NC500 or any other great road you feel like?


morty1961

379 posts

182 months

Wednesday 17th April 2019
quotequote all
^^^^^^^^^^^^^

Excellent post and the final paragraph sums it up really

cayman-black

12,641 posts

216 months

Wednesday 17th April 2019
quotequote all
Hows the magma beast Morty ?

anonymous-user

54 months

Wednesday 17th April 2019
quotequote all
cardigankid said:
We are in a phase in the market where classic / collector car values (there will always be exceptions so please don't rush to point them out) are falling. They couldn't climb forever, and no manufacturer is immune, nor any 'special editions' and limited run ultracars.

You have Brexit, threatened speed limits, electrification, automation, low emission zones etc as well as possible higher interest rates and many other factors.

But the classic car market has always also been about picking the cars to have, and being prepared to invest for the long term. It also helps to want the car for its own sake, and being prepared to burn the cash if it has to be. But people with the right judgement and some discrimination rarely buy plugs. I remember the days when a 18 month old Daytona with 2,000 miles up at £9,600, and an Aston Martin DB5 Convertible 9 years old and in need of TLC for £1,695 were dodgy places to put your cash, and lay in showrooms for months. You'd have to be mad, right?

It is imho no bad thing to have one of the last of the NA Astons, dare I say a V8 or a V12. The DB9, so cool and desirable when launched in 2004, now looks big and cumbersome, isn't reckoned much of a handler, and performance figures aren't great by today's standards. I see them dropping to giveaway levels. The more muscular DBS is a much more attractive proposition with the looks, the agility, more go and the Bond connection.

By contrast with the DB9, the Vantage looks increasingly the better design, more compact, better proportioned, more of a sports car. Every inch an Aston to have. The V12 has the cachet. Now I'm not an expert and I've never driven a V12 Vantage, I'm sure they are fantastic, but I'm thinking a nice V8 Vantage S is a little lighter, maybe more agile, and though more numerous, almost as good as a keeper, provided it has the manual not the Sportshift box. Shoot me down by all means. Either is a fabulous car to have.

If Aston Martin's fortunes flag as they have done before, if there is a severe downturn, and inflation creeps up, and people bin their early leggy, high maintenance and not always immaculate V8V's, it wouldn't surprise me to see nice V12V & V8VS models firm up and start to become very collectible, over a 5-10 year time frame. That's the kind of gamble you have to take. If you only gamble in certainties in this market, you are no more than a flipper.

What's the worst that can happen, you have a fantastic car you can take out and do the NC500 or any other great road you feel like?
It will be interesting to look back at these VH2 Aston’s and see in a few years how things have panned out for sure. As a db9.2 owner I find it a little surprising just how few there are around. Last time I looked on AT there were only 10 coupes, whereas 40+ v12v and similar number of vanquish cars. My car has dropped about £20k in the 2 years I have had it, which obviously includes dealer margin (£10k ish) so quite happy with that. If it’s worth nothing in 10 years then that’s absolutely fine with me, I enjoy every mile and agree cars should be bought for the fun of ownership not as wealth creators (although that would be nice).

MO55

2,036 posts

167 months

Wednesday 17th April 2019
quotequote all
soofsayer said:
It will be interesting to look back at these VH2 Aston’s and see in a few years how things have panned out for sure. As a db9.2 owner I find it a little surprising just how few there are around. Last time I looked on AT there were only 10 coupes, whereas 40+ v12v and similar number of vanquish cars. My car has dropped about £20k in the 2 years I have had it, which obviously includes dealer margin (£10k ish) so quite happy with that. If it’s worth nothing in 10 years then that’s absolutely fine with me, I enjoy every mile and agree cars should be bought for the fun of ownership not as wealth creators (although that would be nice).
I lost 50% in 5 years on my top spec (new) 2013 DB9.2. The drop in value didn't bother me one jot, until I decided to sell. Can't pretend it didn't hurt. Indeed the DB9.2 (Vesuvius) would still be with me today if the DBS '59 hadn't happened. The values of the previous 3 Aston Martin Cambridge special project cars shows they are holding if not increasing, that reassuring values stability played a significant part in my decision to swap. Like you Soofsayer, I am not looking for a "wealth creator", but avoiding another 50% loss as with the DB9.2 is certainly attractive.

RiknRoll

169 posts

179 months

Thursday 18th April 2019
quotequote all
MO55 said:
I lost 50% in 5 years on my top spec (new) 2013 DB9.2. The drop in value didn't bother me one jot, until I decided to sell. Can't pretend it didn't hurt. Indeed the DB9.2 (Vesuvius) would still be with me today if the DBS '59 hadn't happened. The values of the previous 3 Aston Martin Cambridge special project cars shows they are holding if not increasing, that reassuring values stability played a significant part in my decision to swap. Like you Soofsayer, I am not looking for a "wealth creator", but avoiding another 50% loss as with the DB9.2 is certainly attractive.
Values right now are definitely falling, and quite visibly from my watching of the V12V market over the last few months, though I put it down to uncertainty in financial markets and continued brexit pfaffage, it will be a very unstable year for the luxury car market.

also been watching the Cayman GT4 and Mclaren 570S, both falling quite noticeably... I think the V12V ought to be safest of the 3 (which is why I went in on it - and couldn't afford the mclaren anyway) but am certainly expecting to lose a something in value this year! Don't care though, am meeting my V12V in Germany later this evening, and can't wait to blast it on the fantastic roads there!