DB9 price depreciation question (UK & USA)
Discussion
Hi guys,
First post on PistonHeads and very new here!
I had a question about the 'cheaper' end of the price range for older DB9s (around 2005) - some of the sticker prices seem to be around (or sometimes less than) £30k/$35k, some with good service histories too. Assuming they've been kept well with good histories, do you think for the next few years the price of these would be relatively stable if cared for properly / have these bottomed out for a while?
Some examples I found. I am not experienced enough to know whether these would be the right ones for my question.
https://www.autotrader.com/cars-for-sale/vehiclede... (USA, can't tell about service history but reasonable mileage)
https://www.autotrader.co.uk/classified/advert/201... (UK, full Aston service history, good mileage also)
I have very limited experience and I'm not a potential buyer either, honestly just curious to understand what would happen to DB9 prices for cars in this range of age/care/current pricing.
Asked about UK and USA and I live in both.
Thank you!
JP
First post on PistonHeads and very new here!
I had a question about the 'cheaper' end of the price range for older DB9s (around 2005) - some of the sticker prices seem to be around (or sometimes less than) £30k/$35k, some with good service histories too. Assuming they've been kept well with good histories, do you think for the next few years the price of these would be relatively stable if cared for properly / have these bottomed out for a while?
Some examples I found. I am not experienced enough to know whether these would be the right ones for my question.
https://www.autotrader.com/cars-for-sale/vehiclede... (USA, can't tell about service history but reasonable mileage)
https://www.autotrader.co.uk/classified/advert/201... (UK, full Aston service history, good mileage also)
I have very limited experience and I'm not a potential buyer either, honestly just curious to understand what would happen to DB9 prices for cars in this range of age/care/current pricing.
Asked about UK and USA and I live in both.
Thank you!
JP
Hi JP,
I don't live in UK or USA but continental EU. I think the first batches of DB9 (around 2005-2006) have somewhat bottomed out, at least on this side of the ocean and Channel. I would expect very little depreciation going forward, but buyers will be looking at things like maintenance cost and ability to drive in city centers in EU (pollution restrictions, low emmission zones etc..).
Cheers,
Frank
I don't live in UK or USA but continental EU. I think the first batches of DB9 (around 2005-2006) have somewhat bottomed out, at least on this side of the ocean and Channel. I would expect very little depreciation going forward, but buyers will be looking at things like maintenance cost and ability to drive in city centers in EU (pollution restrictions, low emmission zones etc..).
Cheers,
Frank
No crystal ball obviously but I'd say they have more or less bottomed out at this point. They might fall a little bit over time, but as time goes on the number on the market will slowly dwindle as they are either taken off the road or end up in the hands of long-term owners. The DB7 hasn't really changed in price in the last 5 years.
The price might move by a few thousand either way, but if someone was bothered by a few thousand they definitely shouldn't be buying a decade old Aston Martin in the first place. Obviously something like a big economic downturn (not impossible looking at the news) could mean all bets are off.
The price might move by a few thousand either way, but if someone was bothered by a few thousand they definitely shouldn't be buying a decade old Aston Martin in the first place. Obviously something like a big economic downturn (not impossible looking at the news) could mean all bets are off.
I would guess the total cost of ownership consist of depreciation plus maintenance and repair cost (plus consumables).
While depreciation somewhat is affected from economic cycles it technically never bottoms out - some cars seem to have stable prices for few years until the one big repair bill (of the engine?) causes a full write-off to $ 0.
Actually this is supported by the fact that the number of registered cars continues to decrease.
The maintenance and repair cost obviously increase with age. Some of that may be compensated by independent work shops - but an old Aston Martin is an expensive car. If you observe a five year period for depreciation plus maintenance and repair cost you will see the true financial impact.
.
While depreciation somewhat is affected from economic cycles it technically never bottoms out - some cars seem to have stable prices for few years until the one big repair bill (of the engine?) causes a full write-off to $ 0.
Actually this is supported by the fact that the number of registered cars continues to decrease.
The maintenance and repair cost obviously increase with age. Some of that may be compensated by independent work shops - but an old Aston Martin is an expensive car. If you observe a five year period for depreciation plus maintenance and repair cost you will see the true financial impact.
.
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