RE: Aston V8 Vantage prices plummet
Tuesday 22nd August 2006
Aston Martin V8 Vantage for saleIf you bought an Aston Martin V8 Vantage with the aim of selling it at a profit before prices dropped below list -- you're too late. There are dozens of low-mileage cars on Auto Trader with one selling at £74,950 -- well below list price.
Aston V8 Vantage prices plummet
Used car flood makes buyers smile
Aston Martin V8 Vantage for sale
Volumes are the reason, as AM starts to catch up with demand. As a result, waiting times for new cars are said to be down from 12 months to around five, according to one report, and as low as three months according to discussions on the Aston Martin Owner's Club forum. It's reported that every car built after production resumes in September, following a summer break, will be designated as a 2007 model year.
As ever, the spec has to be right if a car is to shift in this environment. Big wheels, top-spec audio and xenons, along with an integrated phone system are all essential add-ons. And keep the colours muted if you want to sell it at some point.
It seems the laws of the market apply to everyone -- even some of the most gorgeous cars on sale today. It's a good time to buy one...
Discussion
What a load of cr@p! The £75k one is a dodgy left hooker, the cheapest on Autotrader is £79,850 for a 13,500 miler....ooooh what a plummet £5,000 for 13,500 miles...37 pence per mile is fantastic depreciation in my book. With most of the cars now going to the USA then UK prices should stay high for some time. I just think people are mad who compare a BMW/Porkie to an Aston Martin, if you want speed and handling get a Jap Rocket, better to drive??? I dont think so....
Look at the depreciation on an M6 or a 997, Vines of Guildford have a high spec M6 up for £63 grand, that's over a 20 grand loss. If you dont have to borrow money then a Vantage is actually cheaper car than a 997 or an M6, as the depreciation is less and this is the real cost of a car.
ps I do love the M6 and the 997, both Top cars.
Look at the depreciation on an M6 or a 997, Vines of Guildford have a high spec M6 up for £63 grand, that's over a 20 grand loss. If you dont have to borrow money then a Vantage is actually cheaper car than a 997 or an M6, as the depreciation is less and this is the real cost of a car.
ps I do love the M6 and the 997, both Top cars.
Edited by sadlerj on Tuesday 22 August 14:23
Give it another year and I'm sure that the depreciation on these cars will be quite significant. Just look at the DB9, some of them have dropped 20K in 2 yrs and still under 15K on the clock. 
Still 20K well spent eh 
I hear a lot of these stories of people being flash and saying the best thing to do is order one and when it is delivered get on the waiting list again, so by the time the second one comes up you can sell the first for more money and take the second. boooolax. Hmm Does this really happen? I think not. Now to take cover
P.S I love Astons, just can't afford, yet.
Still 20K well spent eh I hear a lot of these stories of people being flash and saying the best thing to do is order one and when it is delivered get on the waiting list again, so by the time the second one comes up you can sell the first for more money and take the second. boooolax. Hmm Does this really happen? I think not. Now to take cover
P.S I love Astons, just can't afford, yet.
taffyracer said:
they're overpriced anyway, 996 and m6 are all better to drive and own and faster, amdittedly they are stunning but that doesn't justify the extra in my book
As stated the £75k car is LHD so not sure why that is mentioned, gives an unrealistic slant on the story!
I agree there was over supply by speculators into the market, which has wiped the premium out, but I still think the car will depreciate less than the Pork equivalent. Aston currently have a production capacity of only 3000 Vantage's WORLDWIDE (the future % to the Uk is likley to be lower as demand in countries like the US grows) INCLUDING THE NEW VOLANTE. So expect less coupe availability from next year.
Friend of mine works fo a BMW garage, 6 month old M6, fully loaded low mileage demo, couldn't sell at retail so it went for trade at £58k.....ouch, it was about £92k new................£34k loss in just over 6 months...double ouch. Although fantastic value at 2 years old & £30 odd K!
Pork fairs far better, but a 997S will still drop about 20% in the first year so £70k (with a few small options),will be about 54-56k in the trade...£15k ish much better than the BMW.
The Aston is cheaper than the M6 & about £14k more than the equivalent Pork, this is "in my view" justified by the exclusivity, design, finish and interior. But each to their own, if you don't think it's worth the extra don't buy one.
The performance isn't an issue, on the road there just isn't anything between them on a normal road, although clearly if you take out the corners an M6 will troll off into the distance, but being faster than the car next door isn't everything.
I believe that the real price for a year old low mileage AMV8 will be about £78-£79k at main dealer retail, so trade will be about £74k, taking an optioned car at £86k new that is still only a 14% drop, better than both the other competition!
Of course only time will tell!!
Edited by Grant3 on Tuesday 22 August 15:06
taffyracer said:
they're overpriced anyway, 996 and m6 are all better to drive and own and faster, amdittedly they are stunning but that doesn't justify the extra in my book
If the only criteria people had when buying a car were : better to drive, faster and cheaper, then everybody would be driving an Evo
Better to own a 996 ? If the fact they are soooooo common is anything to go by, I imagine you are right
Better to own an M6 ? Did you notice that badge on the front, nothing special about owning a BMW anymore
Out of interest, I have been looking for comparative lap times between the M6/996/V8, any chance you could point me towards where you spotted them, thanks
Looking for average driver lapt times, i.e. a driver that is not in the top percentile that can extract 100% from the Porsche. I read something interesting the other day (who knows where?) where a driver of this type took the 996 and V8 out back to back and there was only a tenth in the times. The driver said the V8 was the easier to drive of the 2 as well.
taffyracer said:
Driven all of them as it happens, and I stick by what i said, in my opinion both the M6 and 997 are better to drive and are faster, I take it you disagreed!
Well I owned a couple of 996's (a 2 and a 4) and i thought the Aston was much better dymanically as well as more of experience to just get in it and pootle about. The M6, i had a friends for a weekend and I didn't like it much, I think it looks awesome but I prefer my M3. I thought the Aston was a better drivers car to be honest, much smaller and more chuckable. Now I drove a 997 2s the other week for the day and that was better by far however I think i would still go for the Aston. Am seriously considering it over the Porsche as what it slightly lacks dynamically (noticeable only on a track IMO) it makes up for in exclusivity and brand. However my opinion only and that's the beauty of motors, one persons donkey is anothers racehorse!
Bear100 said:
taffyracer said:
Driven all of them as it happens, and I stick by what i said, in my opinion both the M6 and 997 are better to drive and are faster, I take it you disagreed!
Well I owned a couple of 996's (a 2 and a 4) and i thought the Aston was much better dymanically as well as more of experience to just get in it and pootle about. The M6, i had a friends for a weekend and I didn't like it much, I think it looks awesome but I prefer my M3. I thought the Aston was a better drivers car to be honest, much smaller and more chuckable. Now I drove a 997 2s the other week for the day and that was better by far however I think i would still go for the Aston. Am seriously considering it over the Porsche as what it slightly lacks dynamically (noticeable only on a track IMO) it makes up for in exclusivity and brand. However my opinion only and that's the beauty of motors, one persons donkey is anothers racehorse!
At last a bear with a lot of sense
Welcome!
Edited by GetCarter on Tuesday 22 August 17:22
GetCarter said:
Bear100 said:
taffyracer said:
Driven all of them as it happens, and I stick by what i said, in my opinion both the M6 and 997 are better to drive and are faster, I take it you disagreed!
Well I owned a couple of 996's (a 2 and a 4) and i thought the Aston was much better dymanically as well as more of experience to just get in it and pootle about. The M6, i had a friends for a weekend and I didn't like it much, I think it looks awesome but I prefer my M3. I thought the Aston was a better drivers car to be honest, much smaller and more chuckable. Now I drove a 997 2s the other week for the day and that was better by far however I think i would still go for the Aston. Am seriously considering it over the Porsche as what it slightly lacks dynamically (noticeable only on a track IMO) it makes up for in exclusivity and brand. However my opinion only and that's the beauty of motors, one persons donkey is anothers racehorse!
At last a bear with a lot of sense
Welcome!
Edited by GetCarter on Tuesday 22 August 17:22
Thank you... Sure the Mrs wouldn't agree!! However, glad to be here.
beanbag said:
ED965 said:
beanbag said:
Oh look! It looks exactly the same as the rest.
Is it me or is anyone thinking Porsche really need to redesign their range
Is it me or is anyone thinking Porsche really need to redesign their range
Yes, they look similar but why repair something thats not broken?
There's always the same comments re 911's but every manufacturer worth their salt users the 911 as the bench mark, i see Aston Martin developed their latest model on "the ring" and still it couldn't out class the poker in any area when you read the reports. Wouldn't mind an Aston though!
Regardless if the porker outclasses the Aston on the ring, I'd go for the Aston any day!
Still thinking the same guys.........
The comment about 997s losing 20% in their first year is wide of the mark. I paid £74k and sold a year later (back to Porsche too) for £66k - this was them writing a cheque out as there was no part ex. I didn't think that was too bad really and it's a great car. Personally I think a DB9 looks good at around £95k when the V8 is only £15k cheaper.
These stories are always a bit silly, when I had my Gallardo, Autocar published an article on 'plummeting values -sub £100k for baby Lambo' - turned out it was a an ex-demo, 13,000, LHD car. Having seen a few V8s, I honestly think that they are worth 997 money but at the moment they are too close to DB9 money - that V12 is a different league to the baby V8 in my opinion.
These stories are always a bit silly, when I had my Gallardo, Autocar published an article on 'plummeting values -sub £100k for baby Lambo' - turned out it was a an ex-demo, 13,000, LHD car. Having seen a few V8s, I honestly think that they are worth 997 money but at the moment they are too close to DB9 money - that V12 is a different league to the baby V8 in my opinion.
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