2023 Vantage V12s For Sale

2023 Vantage V12s For Sale

Author
Discussion

KevinBird

Original Poster:

1,038 posts

208 months

Wednesday 28th June 2023
quotequote all
Coming soon to Collecting Cars. These look like dealer-spec cars. I'm sure they struggled to sell the full production run.

14 for sale on AT https://www.autotrader.co.uk/car-search?advertisin...


Minglar

1,240 posts

124 months

Wednesday 28th June 2023
quotequote all
KevinBird said:
Coming soon to Collecting Cars. These look like dealer-spec cars. I'm sure they struggled to sell the full production run.

14 for sale on AT https://www.autotrader.co.uk/car-search?advertisin...

There was a fair bit of similar speculation on here at the time regarding if the full run was indeed completely sold out as was claimed by AML. I remember one poster on here who managed to get a “slot” at very short notice after buying a DBX707. It won’t be long before these cars are changing hands for below £250,000 in the U.K. imho. The dealer prices are way too optimistic, considering the current economic climate. The black car currently for sale at Grange Brentwood/Hatfield has been seen on CC before (possibly twice) and it failed to hit its reserve. When new new Vantage is revealed I would expect prices of these to come under even more pressure. Bargains to be had if one is patient I think. We shall see.

Best Regards

Minglar

nickv12

1,348 posts

84 months

Wednesday 28th June 2023
quotequote all
£100k difference between top/bottom. Yeah, spec and (minimal) mileage differences, coupe/roadster, etc. But still - that’s a big spread!

oilit

2,634 posts

179 months

Wednesday 28th June 2023
quotequote all
Wow, that is a fire sale due to interest rates?i mean do interest rates on cars fix when you buy or are they variable?

The picture looks equally poor in europe

https://www.autoscout24.com/lst/aston-martin/vanta...


Edited by oilit on Wednesday 28th June 14:20

alscar

4,192 posts

214 months

Wednesday 28th June 2023
quotequote all
oilit said:
Wow, that is a fire sale due to interest rates?i mean do interest rates on cars fix when you buy or are they variable?


Edited by oilit on Wednesday 28th June 14:20
Not sure quite at the fire sale stage just yet although dealer prices certainly look optimistic today but think that was always going to be the case despite being the “ last “ of the V12 Vantages and flippers have only done well from Aston usually if they sell virtually instantly and on smaller run numbers.
Interest rates usually fixed on car finance so presumably those with would have fixed at lower than interest rates now but even so that will add up quickly !

Ninja59

3,691 posts

113 months

Wednesday 28th June 2023
quotequote all
As I sort of know the owners of two of the cheapest coupes, it does confirm if they are driven any real distance then the value tumbles.

The Bristol car I am glad the owner in question drove it for the time they had with it, but I know he has gone down to a V8 version roadster and then recently a (new) V8 coupe again.

The Sevenoaks car I am aware of as well, now based on previous conversations I also doubt that AM sold the entire run as on one conversation they had only 1 allocated to them, I am aware in the end they did deliver a few more.

Jon39

12,869 posts

144 months

Wednesday 28th June 2023
quotequote all

Compare the first V12 Vantage, with the new V12 Vantage.

Both limited edition cars.
Both have similar engineering, although the new one has turbochargers.
Adjust the new list prices by inflation and the 2022 car cost about £100,000 more.
Why should (say) a pristine 5 or 10 year old new V12V, be worth any more than an original V12V of the same age ?

AML have been open about substantial price increases for their new models, usually accompanied by phrases such as, "already sold out" or, "sold out into next year".

PHers' comments above, seem to suggest that the higher purchase prices quickly result in rapid depreciation.


Agent57

1,678 posts

155 months

Wednesday 28th June 2023
quotequote all
Wow. 14 for sale on Autotrader. That's a high percentage.

Also amused by the advert for a Citroen Ami in the middle of all the V12 Astons.

Maybe AI's way of telling me: "We know what you searched for but this is more realistic..." smile

quench

505 posts

147 months

Wednesday 28th June 2023
quotequote all
Jon39 said:

Compare the first V12 Vantage, with the new V12 Vantage.

Both limited edition cars.
Both have similar engineering, although the new one has turbochargers.
Adjust the new list prices by inflation and the 2022 car cost about £100,000 more.
Why should (say) a pristine 5 or 10 year old new V12V, be worth any more than an original V12V of the same age ?

AML have been open about substantial price increases for their new models, usually accompanied by phrases such as, "already sold out" or, "sold out into next year".

PHers' comments above, seem to suggest that the higher purchase prices quickly result in rapid depreciation.
^^^ A great summary of one of Aston's perennial problems in attracting customers.

At a certain point (putting aside oft discussed design and engineering concerns with the newer models), even die-hard marque enthusiasts will throw up their hands at such tactics and walk away.

Say what you will about the Bez era (different economic times etc. etc.), a lot of new, aspirational customers were brought into the fold because the pricing was more reasonable (and hence the depreciation a bit less painful).

Beckson

371 posts

52 months

Thursday 29th June 2023
quotequote all
It is interesting, agree they will continue to drop, at least for 4-5 years. Then when AML goes full electric or hard drops v12 for good, they might bounce back a bit.


I've seen very little written about the V12V Roadster of the current era. I don't think I've seen a single review of it either. Kinda odd really

LooneyTunes

6,901 posts

159 months

Thursday 29th June 2023
quotequote all
Minglar said:
There was a fair bit of similar speculation on here at the time regarding if the full run was indeed completely sold out as was claimed by AML. I remember one poster on here who managed to get a “slot” at very short notice after buying a DBX707. It won’t be long before these cars are changing hands for below £250,000 in the U.K. imho. The dealer prices are way too optimistic, considering the current economic climate. The black car currently for sale at Grange Brentwood/Hatfield has been seen on CC before (possibly twice) and it failed to hit its reserve. When new new Vantage is revealed I would expect prices of these to come under even more pressure. Bargains to be had if one is patient I think. We shall see.
It’s hardly a surprise though, is it?

In spite of what was said at the time, AM didn’t reach out to all owners of the various V12s. Instead they left it to dealers and some potential buyers fell through the cracks. I doubt many of those went to beg for a slot having been told in the media that they were all sold.

It’s not good for market credibility if the “sold out” actually turns out to be “we made our dealers take them”. And it’s very bad for future business if buyers thought that “sold out” meant high residuals/premiums.

Economic climate is probably also going to have a broader impact… not just on these but high end cars generally. Even if you can buy this sort of thing, when folk have been squeezed there will be some who don’t feel comfortable with the idea of £300k of very conspicuous expenditure.

What’s interesting to me is the % of these on the market vs small run older models.

Jon39

12,869 posts

144 months

Thursday 29th June 2023
quotequote all

LooneyTunes said:
It’s hardly a surprise though, is it?

No


In spite of what was said at the time, AM didn’t reach out to all owners of the various V12s. Instead they left it to dealers and some potential buyers fell through the cracks. I doubt many of those went to beg for a slot having been told in the media that they were all sold.

Owners of the 2009 era V12V probably said, "I own a wonderful V12V that I adore. Do I want to part exchange my V12V, spend double its value (£210,000) to then be a V12V owner ?"


It’s not good for market credibility if the “sold out” actually turns out to be “we made our dealers take them”.

Ah, but did the self-appointed Sir Lawrence Stroll say, "Aston Martin will now only build cars to meet customer orders and supply at a rate 10% below demand"?

The 'all sold out' and 'sold out to next year' claims are not new at Aston Martin. AP said exactly the same.
It is so infantile, because after a while public evidence appears that reveals lies were told.

Tell the truth and be more inventive, by perhaps saying, "A few of these magnifucent cars, remain available for you to order".
( Few can be used as quite a flexible word. - smile )


Edited by Jon39 on Thursday 29th June 08:47

AdamV12V

5,067 posts

178 months

Thursday 29th June 2023
quotequote all
Indeed it has always been the same. Many of us who are still around and have been here long enough to know were saying all along, despite the protests of the newcomers, that the new V12V was not really sold out, because we knew from experience.

The situation was always "yes sir, all sold out! - Oh, what you are serious and might actually want to buy one, OK, let me ask and see if there is anything I can do. Oh, as it happens there is just one slot left if you want it, but you will have to decide fast". smile

It was made all the more obvious by the combination of the huge jump in price and the huge number of them being made. There was simply no way that 500 (coupe&roadster) V12V had sold out in a few months at prices between £300-£350k.

The prices will continue to fall as they do with all main stream AM models until they reach their natural bottom. The question is where will that bottom be, and after how long.

My prediction is that these will fall to about £120-£150k within the first 2-3 years then plateau, but if the economic outlook gets any worse the figures could be lower and sooner, but as said above that would be because the whole super car market has crashed rather than being anything specific to this model.

cayman-black

12,678 posts

217 months

Thursday 29th June 2023
quotequote all
Wow, you could be right Adam, imo these are seriously over priced.

XJR500bhp

1,194 posts

211 months

Thursday 29th June 2023
quotequote all
I’m 99% sure these two cars are more of a certain chaps collection. I sold this owner a LHD white F type which CC sold a few months ago. He buys all sorts and loves yellow
Callipers and tyre writing, and he barely uses the cars.

alscar

4,192 posts

214 months

Thursday 29th June 2023
quotequote all
[quote=AdamV12V

My prediction is that these will fall to about £120-£150k within the first 2-3 years then plateau, but if the economic outlook gets any worse the figures could be lower and sooner, but as said above that would be because the whole super car market has crashed rather than being anything specific to this model.
[/quote]

For those on here that have bought them I hope your prediction numbers aren't correct but if you are, happy to buy one at that price !

Jon39

12,869 posts

144 months

Thursday 29th June 2023
quotequote all

XJR500bhp said:
I’m 99% sure these two cars are more of a certain chaps collection. I sold this owner a LHD white F type which CC sold a few months ago. He buys all sorts and loves yellow
Callipers and tyre writing, and he barely uses the cars.

A funny kind of collector. Not the conventional accepted definition.

Must have only just taken delivery of that V12VR.
Perhaps just enjoys specifying, ordering, waiting, taking delivery, selling and losing money.
Oh well tick, two more sales for AML.

Do the registration marks indicate Guernsey ?

In this case, perhaps worth more as a matching pair, than individual sales.

What does 'Net of tax' signify?


AdamV12V

5,067 posts

178 months

Thursday 29th June 2023
quotequote all
alscar said:
AdamV12V said:
My prediction is that these will fall to about £120-£150k within the first 2-3 years then plateau, but if the economic outlook gets any worse the figures could be lower and sooner, but as said above that would be because the whole super car market has crashed rather than being anything specific to this model.
For those on here that have bought them I hope your prediction numbers aren't correct but if you are, happy to buy one at that price !
I guess many will be on a PCP so won't care at all, and those who bought it as a genuine keeper again won't care too much about the value of something that isn't for sale.

RSbandit

2,624 posts

133 months

Thursday 29th June 2023
quotequote all
One of the most over priced cars on the mkt currently …no idea how anyone would pay north if £300k for these.

krisdelta

4,566 posts

202 months

Monday 10th July 2023
quotequote all
KevinBird said:
Coming soon to Collecting Cars. These look like dealer-spec cars. I'm sure they struggled to sell the full production run.

14 for sale on AT https://www.autotrader.co.uk/car-search?advertisin...

These are now live it appears, frustrating these were 1) so ludicrously over priced in the first place and 2) are now being flipped at the same time, when they could have been sold to people who wanted to drive them.

Back at the centenary celebrations the V12S was attainable (with some work), these are nearly Zagato money and look dreadful value vs the new DB12 and a holiday home in France for the same money.