New Vantage affect on outgoing model prices?

[Ant.]

Considering the jump to the new entry level price on the gorgeous new Vantage, what views do we have on market prices of the previous model?
Will they firm or even rise?

Edited by Ant. on Saturday 9th December 09:29

[ChilliWhizz]

I have been too afraid to ask this question

I'd like to think that as the most beautiful car ever created will no longer be built the more discerning folk out there will start snapping up what at the moment are absolute bargains, if only to sit in the garage staring at it whilst quaffing a 2012 vintage chateauneuf du pape. Like what I do




That reminds me, I must pop to Waitrose and stock up before we get the snow tomorrow

Edited by ChilliWhizz on Saturday 9th December 09:43

[Mansfield]

It depends at which price point/model you are looking at.

For a few years now the older vantage prices have been stationary (or slight depreciation) and on the overall cheaper to own than a family saloon of similar price (in my experience).

Future values, no one really knows.

[Mansfield]

ChilliWhizz said:

if only to sit in the garage staring at it whilst quaffing a 2012 vintage chateauneuf du pape. Like what I do

Edited by ChilliWhizz on Saturday 9th December 09:43

...thought 2005 was the vintage year

[cayman-black]

Gorgeous new Vantage, that made me laugh.

[mhurley]

Personally I'm interested to see how N400's perform in the market to early 4.7's in the coming years

[Jon39]

Stunningly beautiful from every angle.
Naturally aspirated.
Exhaust sound is not artificial.
Manual gearchange (if you want).
Throughout the 14 years since the original announcement, it has always been hugely admired by both owners and others.
Supply will soon end.
UK supply only exceeded 1,000 per year twice (I think).

Presumably, if these features remain important to buyers, future demand should be strong.

Therefore, probably no need to worry about collapsing values.

Edited by Jon39 on Saturday 9th December 10:28

[ChilliWhizz]

Mansfield said:

...thought 2005 was the vintage year

It was.... until it had all been quaffed in late 2015..... 8-10 year shelf life dontcha know...

[bogie]

Well they are not making any more, and the entry price to a new one just went up by 20-30%. So you would expect prices to continue to maintain value and may appreciate at a rate better than inflation.

The early Vantages have been stable for some years anyway, its an 11 year old car. Buy something 5 years old and I dont think theres much to come out of it - as mentioned above, you really can drive an Aston for less total cost than buying a newer "regular" family car.

[ace of the base]

The only problem with future value of the outgoing Vantage is that they made quite a lot of them (good news for AM).
E Type values have never kept up with DB4 / 5s, not because they are inferior in any way but purely because there are many more of them.

[GingerMunky]

I think the second market would be more buoyant if the running cost (servicing / tax / repairs / insurance / tyres ) were less expensive, increasing demand as more people would be in the marker for the Vantage.

[V8V Pete]

GingerMunky said:

I think the second market would be more buoyant if the running cost (servicing / tax / repairs / insurance / tyres ) were less expensive, increasing demand as more people would be in the marker for the Vantage.

OK servicing and tax aren't cheap but insurance (£390 for me) and tyres (£200/corner) really aren't bad. Good thing about the tax & servicing costs are the more you drive it the cheaper it gets per mile

[cayman-black]

GingerMunky said:

I think the second market would be more buoyant if the running cost (servicing / tax / repairs / insurance / tyres ) were less expensive, increasing demand as more people would be in the marker for the Vantage.

What? Who would buy the RS Focus then?

[mhurley]

I was thinking DB7s have been out of production for a while and the prices of those haven't gone up much

[RobDown]

mhurley said:

I was thinking DB7s have been out of production for a while and the prices of those haven't gone up much

They’ve been steadily creeping up. The days of £15k DB7s seems to have gone (and I think Top Gear once bought one for £7k

[Speedraser]

Jon39 said:

Stunningly beautiful from every angle.
Naturally aspirated.
Exhaust sound is not artificial.
Manual gearchange (if you want).
Throughout the 14 years since the original announcement, it has always been hugely admired by both owners and others.
Supply will soon end.
UK supply only exceeded 1,000 per year twice (I think).

Presumably, if these features remain important to buyers, future demand should be strong.

Therefore, probably no need to worry about collapsing values.

Edited by Jon39 on Saturday 9th December 10:28

This, plus as bogie said, the price for the new one has gone up -- IMO this can only support values for the outgoing car. Many people prefer it to the new one, which should further support values. They were made in big numbers for an Aston Martin, so they'll never be worth huge sums, but they made far more E-types...

[66MK]

For me, not interested in it's value - you can't have it, it's mine!

[hornbaek]

I think the new Vantage will only have a very limted influnce on the old model. They are too far apart pricewise in order to be alternatives. Regarding the old vantage, i think the general economic climate will have a bigger effect on residuals rather than the fact that a small group of enthusiast such as us see it as a special car. It is a relatively mainstream car afterall.

Edited by hornbaek on Monday 11th December 11:39

[bogie]

One things for sure, I dont really see the new one making the price of a 10 year old model go down

[The Surveyor]

Jon39 said:

Stunningly beautiful from every angle.
Naturally aspirated.
Exhaust sound is not artificial.
Manual gearchange (if you want).
Throughout the 14 years since the original announcement, it has always been hugely admired by both owners and others.
Supply will soon end.
UK supply only exceeded 1,000 per year twice (I think).

Presumably, if these features remain important to buyers, future demand should be strong.

Therefore, probably no need to worry about collapsing values.

Beautiful yes, but now dated.
Naturally aspirated, but the V8 is slow in both 4.3 and 4.7 guises.
Exhaust sounds epic on both the old and new Vantage if the DB11 V8 is anything to go by
Manual gearchange, but one with a horrid cable linkage mated to a dreadful and fragile clutch.
Admired yes, but 14 years was too long between replacements.
Supply will end soon, meaning there is a new model out that most buyers will prefer hence the confusing array of run-out 'special edition' cars.
UK supply at upto 1,000 cars per annum, meaning they are not rare enough to be 'collectable'.

The Vantage has done a great job in keeping the Aston Martin name on the 'possible purchase' list for sports car buyers for over a decade, especially the V12 which will always be seen as the 'hot rod' in the line-up much like the Virage Vantage and the V12 DB7. But don't be under any illusion that the V8 Vantages natural depreciation curve will be positively influenced or strengthened by the new Vantage. Again with the exception of the V12 Vantage, the V8 Vantages will follow the straight 6 DB7's downwards as they naturally become 'the old one'.

Time will come when they are considered as a 'classic' but that's at least another decade away IMHO.