Aston Residuals debate..... your thoughts?
Discussion
IIRC Vantage production was intended to be ~6k per annum.
38 pre-orders in China doesn't make me think production is going to be taken up there any time soon. How many were taken in the UK alone before it was even off the page?
We'll see, of course, but I reckon we'll be onto mkIII before China is absorbing any meaningful volume.
More heartening is that Aston *may* restrict production next year.
38 pre-orders in China doesn't make me think production is going to be taken up there any time soon. How many were taken in the UK alone before it was even off the page?
We'll see, of course, but I reckon we'll be onto mkIII before China is absorbing any meaningful volume.
More heartening is that Aston *may* restrict production next year.
Just a comment regarding emerging markets... I don't know about the Chinese and the Indians, but would you believe that we (South Africa) were the third biggest consumers of Aston Martins in the world last year..?
(This has of course let to a very UK-like over-supply and stuffed residuals problem now...)
(This has of course let to a very UK-like over-supply and stuffed residuals problem now...)
:J: said:
Ordered on a 'might be coming' basis though I guess ? But now it's official for 2012 and coming out under the old Lagonda badge 
I got this totally wrong as it goes, which will teach me for skim reading 
Rapide scheduled for 2009 along with a Lagonda concept, which they will look to release in 2012
Edited by :J: on Thursday 18th September 12:27
Thread resurrection time, just been through the PH classifieds and found this:
http://www.pistonheads.com/sales/833998.htm
1 year old, not even 2k on the clock and lost £60k! Why buy a brand new DB9?
http://www.pistonheads.com/sales/833998.htm
1 year old, not even 2k on the clock and lost £60k! Why buy a brand new DB9?
dpbird90 said:
Thread resurrection time, just been through the PH classifieds and found this:
http://www.pistonheads.com/sales/833998.htm
1 year old, not even 2k on the clock and lost £60k! Why buy a brand new DB9?
why buy a brand new car of any description these days? ...its every brand thats affected, not just Aston ...and it seems the more expensive it was originally, the worse percentage wise the depreciation ...check out 599s or Bentley GTs ...Ive seen a leggy BGT for for low 30's, from £130K new, ...so £25K per year depreciation ...£2K per month sounds bad until you look at some 997 turbos which are losing £3400k a month right now http://www.pistonheads.com/sales/833998.htm
1 year old, not even 2k on the clock and lost £60k! Why buy a brand new DB9?
as in any downturn, if youve got cash, its time to pick up some cheap cars n houses
my sentements exactly,as i already posted somewhere,an exelent time to spend the second hand value only goes down because people sell there cars so cheap and take a hit(supply and demand)..it was worth 120k to you when you recently baught it why would you sell it for 65k now? unless you have cash and can buy a 200k car for 100k and move up.(or you cant afford the payments,then no simpathy you should live within your means,thats why so many are in a self inflicted mess. If you want it earn it,)
shut up fuel up sit back and enjoy ,afterall isnt that why you baught an Aston Martin instead of an Austin Montego? (Ihave boath in my collection horses for corses, trailerd the Vanquish back behind the montego when i baught it,could of driven or used my navara but the laugh was priceless especialy when the trafic cops pulled long side for a look.)
CREDIT CRUNCH ISNT THAT A NEW BREAKFAST CERIAL FOR BANKERS?
shut up fuel up sit back and enjoy ,afterall isnt that why you baught an Aston Martin instead of an Austin Montego? (Ihave boath in my collection horses for corses, trailerd the Vanquish back behind the montego when i baught it,could of driven or used my navara but the laugh was priceless especialy when the trafic cops pulled long side for a look.)
CREDIT CRUNCH ISNT THAT A NEW BREAKFAST CERIAL FOR BANKERS?
What we are seeing is an "inventory flush". Car dealers offloading at any price. It will depress second hand markets for a long time. The only thing that can really happen is that manufacturers cut production (because they can't compete with second hand prices) until supply dries up in the used car market (no 2 year cars coming off lease in 2011). then second hand values start to firm and people think about buying new.
Right, time to say my piece on the whole depreciation thing.
The fact is you should buy a car like an aston as a luxury not an investment. The reason I buy sports cars is because my heart tells me I must have one. Then Ill live with the depreciation because when I bought the car I paid what I could afford to lose.
finally when I do finally move onto another car I am likely to change up. Chances are the car Ill change up to will have lost more money than mine has so it will soften the blow of the depreciation.
My thinking is, spend what you can only afford to lose, buy with your heart, don't worry about depreciation its all relative. If your car loses 10% of its value, then think about the veyron owner whos lost a hell of a lot more. No car (at least at the moment) is safe from depreciation, live with it!
Trev
The fact is you should buy a car like an aston as a luxury not an investment. The reason I buy sports cars is because my heart tells me I must have one. Then Ill live with the depreciation because when I bought the car I paid what I could afford to lose.
finally when I do finally move onto another car I am likely to change up. Chances are the car Ill change up to will have lost more money than mine has so it will soften the blow of the depreciation.
My thinking is, spend what you can only afford to lose, buy with your heart, don't worry about depreciation its all relative. If your car loses 10% of its value, then think about the veyron owner whos lost a hell of a lot more. No car (at least at the moment) is safe from depreciation, live with it!
Trev
Why buy new now? A few possible reasons. Deals are better on new cars as well as used cars. Getting one built exactly to my specs. The new 4.7 and the Sports Pack. I'm very seriously thinking about ordering a new V8 in the next few months. I've wanted one for quite a while, and it would be a car that I'd probably keep a very long time, so the appeal of ordering it to my precise specs matters. However, with used prices where they are, I can't help but give some serious thought to buying used instead, and possibly buying a new one a few years later.
dpbird90 said:
Thread resurrection time, just been through the PH classifieds and found this:
http://www.pistonheads.com/sales/833998.htm
1 year old, not even 2k on the clock and lost £60k! Why buy a brand new DB9?
This assumes the DBS was bought at the RRP...very unlikely.http://www.pistonheads.com/sales/833998.htm
1 year old, not even 2k on the clock and lost £60k! Why buy a brand new DB9?
As for the car
I guess this is the danger of deflation, I will buy one in 6 months as it will be a lot cheaper - of course in 6 months you think the exact same thought and then never buy anything. I am guilty of this......
Why buy a brand new DB9? If no one does then AM are doomed (that would be a very sad day indeed). The factory cannot be sustained on selling vehicle parts for service/warranty work.
Edited by SLacKer on Friday 16th January 08:27
Slacker I have a mate like this. He has half a mill in cash in the bank and never buys anything! Pointless waste to my mind. We have endless conversations about what he is "going" to buy and he never buys anything EVER! Boreless old sod and I tell him so a lot. he is rapidly turning into a miserly miserable old git before my eyes.
My Aston will have cost me about 110000 (not including running costs) by the time the agreement is done. At that time I will be lucky if it is "worth" 40k (4 years time)
Who cares. I pay the payment each month I drive the car, I love owning it and people love looking at it and I get PLEASURE. I get ZERO pleasure looking at digits in my bank balance just a passing satisfaction and it is fleeting at that.
My Aston will have cost me about 110000 (not including running costs) by the time the agreement is done. At that time I will be lucky if it is "worth" 40k (4 years time)
Who cares. I pay the payment each month I drive the car, I love owning it and people love looking at it and I get PLEASURE. I get ZERO pleasure looking at digits in my bank balance just a passing satisfaction and it is fleeting at that.
Mind you, I know someone who wont buy a DB9 because he doesnt like the sat-nav...
But you're all right. Unlike 9almost) any other car, you have an Aston made to your spec, and thats your aston. Rather then buy second hand (the only thing I've been able to do), buying new means that's "YOUR ASTON". Something very special indeed, although something a fewpeople dont quite understand.
These are the people who were on here a few years ago asking what the "best options" were for their Aston. Not becuase they loved it, but because they planned to sell it for a quick profit without actually driving them. Unhappily, these people have not helped with residuals at all, as these apepar on the market as low mileage, in a "popular" colour, rather then one which ahs been used.
For the record, my DB9 will be a reasonable mileage and not in the usual standard colours. That way, I know that car was bought for all the right reasons, and will be looked after as such.
Reading back, I've used very strange logic. I stand buy it thought, because if you do apply logic, no-one would buy anything other then a Mondeo
But you're all right. Unlike 9almost) any other car, you have an Aston made to your spec, and thats your aston. Rather then buy second hand (the only thing I've been able to do), buying new means that's "YOUR ASTON". Something very special indeed, although something a fewpeople dont quite understand.
These are the people who were on here a few years ago asking what the "best options" were for their Aston. Not becuase they loved it, but because they planned to sell it for a quick profit without actually driving them. Unhappily, these people have not helped with residuals at all, as these apepar on the market as low mileage, in a "popular" colour, rather then one which ahs been used.
For the record, my DB9 will be a reasonable mileage and not in the usual standard colours. That way, I know that car was bought for all the right reasons, and will be looked after as such.
Reading back, I've used very strange logic. I stand buy it thought, because if you do apply logic, no-one would buy anything other then a Mondeo
I have never ever bought a used car but that is going to change. I have just come across a 6 months old Gallardo spider which 6 months ago was acquired for 160k and now is offered at 107k - go figure.
I will have much more lasting joy knowing that somebody else just lost 53k than me being able to specify my personalised sill plates..... go figure 10k a months!.
We are entering into a time where these kind of excesses become decidedly unfashionable and only footballers and other less gifted who make too much money would want to display this kind of ignorance.
I will have much more lasting joy knowing that somebody else just lost 53k than me being able to specify my personalised sill plates..... go figure 10k a months!.
We are entering into a time where these kind of excesses become decidedly unfashionable and only footballers and other less gifted who make too much money would want to display this kind of ignorance.
Edited by clorenzen on Friday 16th January 16:49
clorenzen said:
I have just come across a 6 months old Gallardo spider which 6 months ago was acquired for 160k and now is offered at 107k - go figure. I will have much more lasting joy knowing that somebody else just lost 53k
That joy (or smugness) maybe shortlived when you find out dealers are selling 2008 Gallardo Spyders for £80-something, and are undoubtedly offering much less than that when it comes to trade it in.. and losing ££ at a frightening rate.People are looking at deals out there thinking there are some cheap cars to be had, but that's only when compared to last years market.. in fact it's just "the going rate" now.. and prices are getting even weaker..
Edited by GT2man-2 on Friday 23 January 00:06
If anyone said this time last year that you could pick up a 6 month old AMV8 with less than 1k on the clock for £50-something they would have said you were mad, but here we are.
There's no law saying AMV8s can't be in the £20s.. all depends on how deep this recession goes, and nobody can see the bottom of it yet.
There's no law saying AMV8s can't be in the £20s.. all depends on how deep this recession goes, and nobody can see the bottom of it yet.
Edited by GT2man-2 on Friday 23 January 00:43
GT2man-2 said:
If anyone said this time last year that you could pick up a 6 month old AMV8 with less than 1k on the clock for £50-something they would have said you were mad, but here we are.
There's no law saying AMV8s can't be in the £20s.. all depends on how deep this recession goes, and nobody can see the bottom of it yet.
You always seem to appear with comforting words of cheer.There's no law saying AMV8s can't be in the £20s.. all depends on how deep this recession goes, and nobody can see the bottom of it yet.
Edited by GT2man-2 on Friday 23 January 00:43
GT2man-2 said:
They're comforting words for those who have recently decided not to put lots of money in a fast depreciating car !
Anybody buying any sort of new car (performance or otherwise) who isn't aware of the certainty of losing a lot (most of?) its value has obviously been living on Mars for the last couple of years.Gassing Station | Aston Martin | Top of Page | What's New | My Stuff