V12 vantage official

[BenAstonV12]

M1AGM said:

Ben, what a car, that colour. Beautiful. Congratulations. One day I will either repaint my car green or buy a green aston, choosing which green is tricky, another one to add to the list.

Thank you. Yes, I think in everyone's lifetime and for any petrol head, there are certain cars and colours that you should try and own/drive at least once, and a British-made sports car in British Racing Green (or version of), is up there in the top 5 "classics" IMHO. I guess others would be a red Ferrari with a tan interior... I'll let PH regulars fight over the remaining "classic" three car choices/colours! So given that, once we decided to honor the earlier DB4 GT, it was just getting the shade of green right. Final run V12 Vantage in a classic green, what's not to love?!

[GT3ZZZ]

BenAstonV12 said:

Thank you. Yes, I think in everyone's lifetime and for any petrol head, there are certain cars and colours that you should try and own/drive at least once, and a British-made sports car in British Racing Green (or version of), is up there in the top 5 "classics" IMHO. I guess others would be a red Ferrari with a tan interior... I'll let PH regulars fight over the remaining "classic" three car choices/colours! So given that, once we decided to honor the earlier DB4 GT, it was just getting the shade of green right. Final run V12 Vantage in a classic green, what's not to love?!

Totally agree . My keepers are:

V12 Final in Minotaur Green with Black and Tan interior

F8 Spider in Rosso Fuoco, Nero roof and Cuoio interior

Just need a 992 in GT Silver and Heritage interior to complete the set. And an AMG GT Black in black/black with yellow trimmings.

Edited by GT3ZZZ on Saturday 25th March 22:03

[BenAstonV12]

Someone looking to flip their new V12 already ... or changed their mind, who knows. One of the first 2023 Vantage V12s on BAT, interesting to see where it ends up, relative to its $366K MSRP: https://bringatrailer.com/listing/2023-aston-marti...

[Minglar]

BenAstonV12 said:

Someone looking to flip their new V12 already ... or changed their mind, who knows. One of the first 2023 Vantage V12s on BAT, interesting to see where it ends up, relative to its $366K MSRP: https://bringatrailer.com/listing/2023-aston-marti...

Yes it will be interesting to see the final price. Looks like number 97 from the pictures (of which there are many!). I had a quick look on AT this morning and there are still a few for sale here in the U.K. (1 roadster, 8 coupés). You can buy a very low mileage coupé here for under £300,000 now.

Best Regards

Minglar

[BenAstonV12]

CSK1 said:

BenAstonV12 said:

CSK1 said:

Hello Ben,
Just looking at this month’s AMOC’s Monthly bulletin on my desk and saw the very car that inspired you for your V12 Vantage’s spec on the cover!

Oh wow, what an amazing coincidence of timing! Yes, that's the exact car ours is paying homage to! We'll have to get a copy of the magazine now! The Aston Martin Gods must have made sure we got our car this month to make the connection to that amazing DB4 GT even more meaningful! Is it asking the car Gods too much for an Aston win this weekend in Jeddah too? ;-)

Edited by BenAstonV12 on Saturday 18th March 08:50

I’ll happily put mine in the post to you Ben if you PM me an address.

Merci! What a lovely place this forum can be....

[CSK1]

You’re welcome Ben!
Aston owners are a great community aren’t they?

[Minglar]

BenAstonV12 said:

Someone looking to flip their new V12 already ... or changed their mind, who knows. One of the first 2023 Vantage V12s on BAT, interesting to see where it ends up, relative to its $366K MSRP: https://bringatrailer.com/listing/2023-aston-marti...

$289,000 was the highest bid and the car did not sell as the reserve was not reached. Exactly the same outcome as the black car here in the U.K. that was offered for sale twice on CC and is now for sale at an AM MD.

Best Regards

Minglar

[Jon39]

Minglar said:

$289,000 was the highest bid and the car did not sell as the reserve was not reached. Exactly the same outcome as the black car here in the U.K. that was offered for sale twice on CC and is now for sale at an AM MD.

Behind closed doors, I wouldn't think AM really mind flippers.
Whoever the FIRST customer might be, every car sold equals more revenue for AML.

There appears to have been quite a few V12V cars bought by flippers. The top high flyer flipper so far, expected a profit of £100,000 (advertised I think at £400,000).

Hopefully, these difficult to sell at a premium cars, were not bought using debt.
Oh well, when chance is involved, you cannot win every time.

Edited by Jon39 on Monday 17th April 09:04

[LooneyTunes]

Jon39 said:

Minglar said:

$289,000 was the highest bid and the car did not sell as the reserve was not reached. Exactly the same outcome as the black car here in the U.K. that was offered for sale twice on CC and is now for sale at an AM MD.

Behind closed doors, I wouldn't think AM really mind flippers.
Whoever the FIRST customer might be, every car sold equals more revenue for AML.

There appears to have been quite a few V12V cars bought by flippers. The top high flyer flipper so far, expected a profit of £100,000 (advertised I think at £400,000).

Hopefully, these difficult to sell at a premium cars, were not bought using debt.
Oh well, when chance is involved, you cannot win every time.

You say that, but they should mind.

Flipping quickly sets a benchmark price for all owners of the vehicles.

A benchmark above retail validates their decision to buy. It reinforces the desirability of a car that has been touted as rare, prestigious, and desirable. It makes them feel good and increase the chances that, when they’re next offered a vehicle the decision will be easy and rational. Buying the next one suddenly doesn’t feel like spending money, it feels like making an investment.

A benchmark below retail, especially that far below retail, creates the opposite impression. That the cars aren’t that much in demand and, in extremis, perhaps introduce degrees of cognitive dissonance in the minds of purchasers. That’s not good when it comes to the next offering.

From a brand perspective, if the product is right, and you capped supply low enough to not meet demand, flipping can be good. Get either element wrong and you probably don’t want to see it attempted.

I suspect that global economy has a role to play in current demand/pricing but that’s easy to overlook when simplistically comparing auction to retail.

[Kerniki]

Quite a few V12s for sale now eh…

[Minglar]

Kerniki said:

Quite a few V12s for sale now eh…

Yes there are. There was a thread running recently on exactly that subject. BRM.

https://www.pistonheads.com/gassing/topic.asp?h=0&...

[AMV93]

LooneyTunes said:

Jon39 said:

Minglar said:

$289,000 was the highest bid and the car did not sell as the reserve was not reached. Exactly the same outcome as the black car here in the U.K. that was offered for sale twice on CC and is now for sale at an AM MD.

Behind closed doors, I wouldn't think AM really mind flippers.
Whoever the FIRST customer might be, every car sold equals more revenue for AML.

There appears to have been quite a few V12V cars bought by flippers. The top high flyer flipper so far, expected a profit of £100,000 (advertised I think at £400,000).

Hopefully, these difficult to sell at a premium cars, were not bought using debt.
Oh well, when chance is involved, you cannot win every time.

You say that, but they should mind.

Flipping quickly sets a benchmark price for all owners of the vehicles.

A benchmark above retail validates their decision to buy. It reinforces the desirability of a car that has been touted as rare, prestigious, and desirable. It makes them feel good and increase the chances that, when they’re next offered a vehicle the decision will be easy and rational. Buying the next one suddenly doesn’t feel like spending money, it feels like making an investment.

A benchmark below retail, especially that far below retail, creates the opposite impression. That the cars aren’t that much in demand and, in extremis, perhaps introduce degrees of cognitive dissonance in the minds of purchasers. That’s not good when it comes to the next offering.

From a brand perspective, if the product is right, and you capped supply low enough to not meet demand, flipping can be good. Get either element wrong and you probably don’t want to see it attempted.

I suspect that global economy has a role to play in current demand/pricing but that’s easy to overlook when simplistically comparing auction to retail.

the whole 'manufacturers hate flippers and do everything they can to prevent it happening' is a funny one, as the reality is it massively benefits them. If the market price is well above RRP, then it confirms that the specials are truly sought after and completes the upward spiral and strengthens values further. This either rubs off onto the rest of the range/helps demand outstrip supply for almost all models (as per Ferrari, where you're going to pay a premium over list for almost any nearly new car due to the waiting lists) or makes your specials so 'special' that people are willing to purchase additional, less desirable models in order to hopefully secure a build slot for one of them (the Porsche business model).

Porsche's specials are now a license to print money, so far in the past couple of years we have had the GT4RS, GT4RS Spyder, 911 GT3, GT3RS, Heritage edition and now S/T, no doubt a GT2 and a Speedster are currently in the works too. Not only are these hugely over subscribed, but think how many highly specc'd Macan/Cayenne/Panamera etc have also been shifted as a condition of getting a build slot.

If they depreciated by a six figure sum, rather than netting the same the other way in 'overs' then they wouldn't be nearly as popular. Aston's specials don't have historically good residuals, bar perhaps the original Vantage V12 Zagato. The Vanquish Zagato's that have been resold have all achieved well under list, GT8's are still under, GT12 seems to have hovered around list, the V600 was a residual disaster, and now it doesn't look like anyone has managed to make even list price on the resale of the latest V12 Vantage (no doubt the dealer cars are on SOR).

Hopefully the improved products, move upmarket and F1 exposure will help AM with residuals, as they continue to make a new AM a very expensive proposition compared to the competition, second only perhaps to McLaren. The cost of ownership over say 3 years for a similar new Porsche or Ferrari is far less as the buyer isn't taking such a bath on depreciation.

Hopefully, if that goes to plan, the specials will become further in line with Porsche and be truly desirable to the point that order books fill quickly, there are genuine waiting lists and then, the real acid test, they change hands for over list price on the used market. I guess we'll see!

[Minglar]

First one I have seen for sale in the U.K. below the £250,000 level.

https://preowned.astonmartin.com/en_gb/vdp/2515042...

There must be some financial pain being felt on these now.
I guess by either the original buyers, the AM MDs or possibly the PCP providers? I still think they have further to fall, so patience will eventually pay off for anyone looking to buy one. It will be interesting to see how the release and details of the new two seater sports car will affect their values too. BRM.

[cayman-black]

Wow Minglar I actually love that! What a colour.