Aston V12 Values
Discussion
RobDown said:
It’s the car market. Everything taking a bath (or returning to normality - depends on your perspective).
Too much production- obscured by lots of people buying cars they didn’t actually want but thinking they would be “investments” is coming home to roost. McLaren Sennas trading £100k below list, Porsche GT cars falling? Jeez I’m depressing myself
At least AML gave bitten the bullet and announced reduced volumes today. Now the others need to do the same
This ^^. Just because manufacturers can produce lots of cars - doesn't mean they should. This will eventually help residuals if it happens to be accurate (and by that I mean Aston will stick to their guns on this). V12V's will eventually climb in value. There's no more supply. Once the short term trades have taken place and it's settled out - people in V8's will be scrambling to get into these. Be patient young ones Too much production- obscured by lots of people buying cars they didn’t actually want but thinking they would be “investments” is coming home to roost. McLaren Sennas trading £100k below list, Porsche GT cars falling? Jeez I’m depressing myself
At least AML gave bitten the bullet and announced reduced volumes today. Now the others need to do the same
woodsypedia said:
This ^^. Just because manufacturers can produce lots of cars - doesn't mean they should. This will eventually help residuals if it happens to be accurate (and by that I mean Aston will stick to their guns on this). V12V's will eventually climb in value. There's no more supply. Once the short term trades have taken place and it's settled out - people in V8's will be scrambling to get into these. Be patient young ones
murphyaj said:
I do, but only going back until May. Plus it's a little harder to get clear analysis on because they change their models fairly frequently.
But for what it's worth, just looking at 570 derivatives up to 2017:
great analysis, I used to do the same for DBS and Vanquish prices. Where did you get the data set?But for what it's worth, just looking at 570 derivatives up to 2017:
2019-05-07 Number of adverts: 60, Median price: 114990, Mean of cheapest 3 99860, Median age 59
2019-05-21 Number of adverts: 55, Median price: 114450, Mean of cheapest 3 99900, Median age 66
2019-06-03 Number of adverts: 47, Median price: 113995, Mean of cheapest 3 99900, Median age 74
2019-06-17 Number of adverts: 46, Median price: 114222, Mean of cheapest 3 98890, Median age 73
2019-07-01 Number of adverts: 53, Median price: 112850, Mean of cheapest 3 96750, Median age 80
2019-07-15 Number of adverts: 56, Median price: 109992, Mean of cheapest 3 96230, Median age 77
GingerMunky said:
great analysis, I used to do the same for DBS and Vanquish prices. Where did you get the data set?
I have a little script written in python that scrapes all the results that match a query from the autotrader website and stores it. I run it every few days, updating the resulting data set with updates like price changes, adverts closing, etc.It was just a "to see if I could do it" little project, but once I had the program I figured I may as well use it to watch the market.
My standout Mako V12V with perfect history and the lightweights sold privately within 3 weeks of me advertising it. I got £2k less than I wanted but still £8-10k more than a dealer (both Indy and main) offered.
I only had two serious buyers so had to make a difficult choice as selling one of these privately isn’t the easiest given I couldn’t take a PX, offer finance or a warranty. Although these cars are generally bullet proof so not much need of a warranty, just put the cost of warranty aside for a rainy day.
I only had two serious buyers so had to make a difficult choice as selling one of these privately isn’t the easiest given I couldn’t take a PX, offer finance or a warranty. Although these cars are generally bullet proof so not much need of a warranty, just put the cost of warranty aside for a rainy day.
Are prices on these dropping..? Maybe a little but, but that is natural, overall though I really don't think so if you have the right car with the right spec, mileage, history etc. I think perception is that suddenly these have dropped because a few more have come on to the market and a couple have dropped to a number starting with a 6. However, looking at these, you can tell why.
Above that, a few dealer cars that are sportshifts etc look to have recently dropped a little but the manuals are holding reasonably firm and the one people will want, so that makes sense.
In my eyes, they still represent fantastic value at £70k - £80k when you think about what you're getting compared to the rest of the market and I still think they're at a point where they are not going to drop loads either from either, looking at the oldest, highest mileage cars, they're still in the mid 60's so prices are holding up.
Cars are always gonna drop and there may have been a bit of a correction in the market, but surely that is natural and happened a couple of years ago and they will likely stabilise again for a couple of years before another price correction when cars are a couple more years older with a few extra thousand miles on...and so the cycle goes on.
For me it's as good a place a car as any to have your money at the moment; a beautiful car, timeless shape that will never date, RWD, Manual, V12 n/a engine, Aston Martin...what more do you need?!
Above that, a few dealer cars that are sportshifts etc look to have recently dropped a little but the manuals are holding reasonably firm and the one people will want, so that makes sense.
In my eyes, they still represent fantastic value at £70k - £80k when you think about what you're getting compared to the rest of the market and I still think they're at a point where they are not going to drop loads either from either, looking at the oldest, highest mileage cars, they're still in the mid 60's so prices are holding up.
Cars are always gonna drop and there may have been a bit of a correction in the market, but surely that is natural and happened a couple of years ago and they will likely stabilise again for a couple of years before another price correction when cars are a couple more years older with a few extra thousand miles on...and so the cycle goes on.
For me it's as good a place a car as any to have your money at the moment; a beautiful car, timeless shape that will never date, RWD, Manual, V12 n/a engine, Aston Martin...what more do you need?!
The car speciification which I was looking for, became available one year in September.
Unbeknown to me at the time, there was a dealer incentive that month. Whether that is the same every year, I do not know.
I was prepared to pay the asking price, but in negotiations it would be foolish to mention that.
I offered several thousand pounds below the advertised price, and much to my surprise, the salesman simply upped by a couple of hundred, with a condition that I complete the deal by 30th September.
Perhaps the end of September might be a good time to buy.
Dewi 2 said:
Perhaps the end of September might be a good time to buy.
The first weeks of September (and March) are generally spent fulfillng July and August orders, but where the customer wants the 'new' registration.
Sales people are therefore spending all their time doing handovers (which these days take 2 hours with covers being whipped-off for the Instagram story, flowers handed over, fireworks going off, cabaret dancers etc) and not selling cars.
So come the middle of the month, they've got two weeks of the quarter left to hit a manufacturer stretch target and get their bonus. As this is usually volume (and not margin) based, they'll do all they can to pull the numbers in before Q3 closes.
bignoise said:
apologies for thread drift but are all is the clutch as bigger worry on the v12v as the single plate on the v8 is?
asking as I am looking to upgrade
Thanks
I'd be interested in knowing the answer to this too.asking as I am looking to upgrade
Thanks
What are the expensive-to-replace components to check condition before buying?
faa77 said:
I'd be interested in knowing the answer to this too.
What are the expensive-to-replace components to check condition before buying?
If the pads or discs have been replaced the dealer will stamp the service book. If there is no stamp then assume they haven't been done unless you have an invoice telling you otherwiseWhat are the expensive-to-replace components to check condition before buying?
Seems to me that the V12V,s are on the rise, though i cannot understand why this car is quite so much?
Also in what is a very slow market, i have noticed that the V12V,s are still selling.
https://preowned.astonmartin.com/preowned-cars/109...
Also in what is a very slow market, i have noticed that the V12V,s are still selling.
https://preowned.astonmartin.com/preowned-cars/109...
cayman-black said:
Seems to me that the V12V,s are on the rise, though i cannot understand why this car is quite so much?
Also in what is a very slow market, i have noticed that the V12V,s are still selling.
https://preowned.astonmartin.com/preowned-cars/109...
Paul.Also in what is a very slow market, i have noticed that the V12V,s are still selling.
https://preowned.astonmartin.com/preowned-cars/109...
Why don't you have a ring around and get some trade bids, just out of curiosity?
cayman-black said:
Seems to me that the V12V,s are on the rise, though i cannot understand why this car is quite so much?
Also in what is a very slow market, i have noticed that the V12V,s are still selling.
https://preowned.astonmartin.com/preowned-cars/109...
Glad I'm holding onto mine. I think the market is all over the place at the moment! Still amazing car for the money...Also in what is a very slow market, i have noticed that the V12V,s are still selling.
https://preowned.astonmartin.com/preowned-cars/109...
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