Rare VH Aston's for sale. Price now, a sign of the times?

[AdamV12V]

Scroll back to just March and the believe by the average Joe in the UK economy and where interest rates were going to go was very different to today, just 4 months later.

There was a thread on the Lagonda Taraff where I posted links to two very special Astons up for sale at the time.

https://www.pistonheads.com/gassing//topic.asp?h=0...

AdamV12V said:

60 cars though - its not actually all that rare really, well not to command insane premiums anyway. Personally the difference between one of 60 and one of 188 is irrelevant, you need to get down to single digit production volumes in AM to be rare.... I think the point is, that the Taraf is in reality just a Rapide S underneath and largely so inside, albeit bespoked here and there.

There a V8V AMR Pro for sale at AM Cheltenham for £775k - that is one of only 7 cars made. No that's rare - but not road legal of course.
There is also a V600 Dreadnought Roadster for sale at AM Cheltenham for £750k - one of 7 of each coupe/roadsters. Also very rare and totally road legal

Today both of these cars are still up for sale.

The V600, still with AM Cheltenham is reduced to £549,950, a cool £200k down, or £50,000 per month reduction! Original RRP on these was £1,400,000 plus options, so still that is £16,500 per month depreciation over its 4 and a quarter years since registration, or £6,500 per mile for its 131 miles driven!

https://www.hrowen.co.uk/aston-martin/used-car-det...

The AMR Pro seems to have been unlisted, but given how few of these there were I guess its at least a 1 in 7 chance its the same car, and not sure it matters much if not anyway as I believe they were all the same colour. Anyway there is now one up for sale with Collecting Cars. 6 days to go and the bid today is £60,500! Original RRP on these was £1,140,000 plus options.

https://collectingcars.com/for-sale/2017-aston-mar...

I'm going to guess the Vantage AMR Pro will get bid up about £140k and not sell. Anyone else care to take a guess?

[cayman-black]

I,ve been looking at that , its stunning no idea what it will fetch though.

Second thoughts I agree it wont be sold.

[Simpo Two]

AdamV12V said:

AdamV12V said:

There a V8V AMR Pro for sale at AM Cheltenham for £775k - that is one of only 7 cars made. No that's rare - but not road legal of course.
There is also a V600 Dreadnought Roadster for sale at AM Cheltenham for £750k - one of 7 of each coupe/roadsters. Also very rare and totally road legal

Today both of these cars are still up for sale.

Curiously both adverts are now suddenly marked 'Sorry, someone just snapped up this car'....

[AdamV12V]

Simpo Two said:

Curiously both adverts are now suddenly marked 'Sorry, someone just snapped up this car'....

The V600 is still there, 100% it is the same car, just a new link on the same dealer wesbite.

[Minglar]

AdamV12V said:

Simpo Two said:

Curiously both adverts are now suddenly marked 'Sorry, someone just snapped up this car'....

The V600 is still there, 100% it is the same car, just a new link on the same dealer wesbite.

Funnily enough I saw it on AutoTrader this morning too Adam, and did think of posting something on here somewhere. It’s a lovely car, but imho, even at the price advertised now, it’s overpriced for what it is. Is it worth £350,000/£400,000 more than a seven speed manual V12VSR? Apart from the rarity, imho I think not. Another thing I have noticed is that there seem to be more VanquishS for sale, and prices there seem to be slipping too. I could definitely be tempted by one of these soon. Perhaps people are chopping them in for DB12? Who knows. As an aside there are now four current shape V12 Vantage for sale around the £270,000 mark. They are only heading one way too imho.


Best Regards

Minglar

[Dewi 2]

The V600 Roadster is now being advertised by AM Cheltenham at £550,000.




Horrific arithmatic.
The V600 Roadster was list new £1,400,000 before options.
Minus £550,000
= a loss of £850,000
or £6,489 per mile !

This car and the AMR Pro (the only road legal example) are said to belong to a collector.
Smee150 made a video driving the AMR Pro, from H R Owen to Tewksbury and back.
I do the same trip somtimes in my 1 of 7 Vantage and for a fraction of the price, can drive at identical speeds.
Oh and mine has not lost £850,000 and never will.

All very odd.

[oilit]

Is this Aston Martin specific or are all similar makes suffering? I ask as i was looking today on BCA for a new car for my daughter and almost everything was going for higher than cap clean - which i know has been the case for a while, but now there is more new car supply and availability I assumed (wrongly) that the Golfs and Polos would be getting cheaper!

[Simpo Two]

AdamV12V said:

Simpo Two said:

Curiously both adverts are now suddenly marked 'Sorry, someone just snapped up this car'....

The V600 is still there, 100% it is the same car, just a new link on the same dealer wesbite.

Ah right. So it should say 'We still haven't sold this car after 800 years so we changed the link and put that message up to make it look like we had'

[AdamV12V]

Dewi 2 said:

This car and the AMR Pro (the only road legal example) are said to belong to a collector.
Smee150 made a video driving the AMR Pro, from H R Owen to Tewksbury and back.

Ahhh yes indeed he did! So it must be the same AMR Pro as only 1 of the 7 was made road legal and schmee was definately driving the original car on the road back then.

£70,000 bid now...

[LooneyTunes]

oilit said:

Is this Aston Martin specific or are all similar makes suffering? I ask as i was looking today on BCA for a new car for my daughter and almost everything was going for higher than cap clean - which i know has been the case for a while, but now there is more new car supply and availability I assumed (wrongly) that the Golfs and Polos would be getting cheaper!

Lower end of the market is probably more resilient? Top end generally sees more discretionary purchases and, where a vehicle is being purchased as a daily, trading down is an option?

Remember going looking for a station/airport car pre-covid and was surprised how strong residuals seemed to be at that level. Just had a look on autotrader and to buy the same car today would cost the same/more than I paid three years ago.

[AdamV12V]

Minglar said:

Funnily enough I saw it on AutoTrader this morning too Adam, and did think of posting something on here somewhere. It’s a lovely car, but imho, even at the price advertised now, it’s overpriced for what it is. Is it worth £350,000/£400,000 more than a seven speed manual V12VSR? Apart from the rarity, imho I think not. Another thing I have noticed is that there seem to be more VanquishS for sale, and prices there seem to be slipping too. I could definitely be tempted by one of these soon. Perhaps people are chopping them in for DB12? Who knows. As an aside there are now four current shape V12 Vantage for sale around the £270,000 mark. They are only heading one way too imho.


Best Regards

Minglar

Thinking about it, it would seem there is some parallel between the Valour and the V600. Both are basically a V12 Vantage with bespoke interior and a mixture of bespoke and std interior parts. Both are around £1.5 million, however there were only 14 V600's built and from what I gather the last couple took a while to find owners. There are however 110 Valours and allegedly all sold - interestingly AML have released a promo video today

So I wonder if the depreciation curve on the V600 will teach us anything about likely future residuals for Valour?

[Jon39]

AdamV12V said:

Thinking about it, it would seem there is some parallel between the Valour and the V600. Both are basically a V12 Vantage with bespoke interior and a mixture of bespoke and std interior parts. Both are around £1.5 million, however there were only 14 V600's built and from what I gather the last couple took a while to find owners. There are however 110 Valours and allegedly all sold - interestingly AML have released a promo video today

So I wonder if the depreciation curve on the V600 will teach us anything about likely future residuals for Valour?

In the past we have been aware of strong demand for most AM limited editions.
Used premiums were often involved, so that must have been one factor that stimulated the new buyer demand.

We now see a 2018 limited edition being advertised for about £850,000 below the original purchase price.
Apparently, the same owner is also offering for sale an AMR Pro, again at a huge loss, about £350,000 below the original price.

Irrespective of anyones' worth, losing £1million on two cars in a short time, might not be good on principle.

If this illustrates that this limited edition market has fallen sugnificantly and suddenly, then do you think that it might be something that prospective Valour buyers will be considering ?

[alscar]

Jon39 said:

In the past we have been aware of strong demand for most AM limited editions.
Used premiums were often involved, so that must have been one factor that stimulated the new buyer demand.

We now see a 2018 limited edition being advertised for about £850,000 below the original purchase price.
Apparently, the same owner is also offering for sale an AMR Pro, again at a huge loss, about £350,000 below the original price.

Irrespective of anyones' worth, losing £1million on two cars in a short time, might not be good on principle.

If this illustrates that this limited edition market has fallen sugnificantly and suddenly, then do you think that it might be something that prospective Valour buyers will be considering ?

On the ultra ultra limited ones like the V600 and the AMR it’s almost paradoxic how much they have fallen in price which I guess perhaps just demonstrates how very very overpriced they were in the first place.
With less limited editions albeit still limited some like the V12 Final ( this week ) edition was merely very expensive so percentage wise I think the fall would be less.
The GT12 and then GT8 were perhaps slightly more sensibly priced from the outset ( at least that was the argument to my wife ) so the values today whilst obviously lower don’t look all that bad and in fact arguably almost quite good !

[nickv12]

Oh my. That V600 price has rocketed down. Really not sure what to make of it. It was a massively expensive product in the first place, but I can see why as there are so many special tiny-volume details on it. I remember chatting to HWM’s Guy at the AMHT event last year and he pointed quite a few out which you don’t see at first glance. And perhaps that’s the problem: to the vast majority of even relatively knowledgable car folk, it’s not different enough? And in that spec, it is relatively plain, even if classy.

I went to see the Vantage AMR Pro a month ago in Cheltenham. Then it pulled alongside us at the 110 year celebration only a week or so later. It’s quite a statement and has real presence. But speaking to the sales guy in Cheltenham, he did admit it’s not a practical car. It doesn’t like slow moving traffic. The splitter will split with the rest of the car at the sight of the first speed ramp. And yet it’s still not as powerful as a much cheaper used V12, which is missing the point, but to some that will matter.

I think these are relative anomalies. The market is still likely to take a bath generally, but there will always be small safe havens, if you’re lucky. (I think 911’s have been massively overpriced for ages considering the volume they’re stamped out.)

The one car I will continue to keep an eye on is the Zag Shooting Brake. It’s visually unique which will always matter as it’s pinned on top of a commonly used architecture. But my boss did admit to me, after seeing one a month ago, that she wasn’t too keep on it

[flow99]

AdamV12V said:

Minglar said:

Funnily enough I saw it on AutoTrader this morning too Adam, and did think of posting something on here somewhere. It’s a lovely car, but imho, even at the price advertised now, it’s overpriced for what it is. Is it worth £350,000/£400,000 more than a seven speed manual V12VSR? Apart from the rarity, imho I think not. Another thing I have noticed is that there seem to be more VanquishS for sale, and prices there seem to be slipping too. I could definitely be tempted by one of these soon. Perhaps people are chopping them in for DB12? Who knows. As an aside there are now four current shape V12 Vantage for sale around the £270,000 mark. They are only heading one way too imho.


Best Regards

Minglar

Thinking about it, it would seem there is some parallel between the Valour and the V600. Both are basically a V12 Vantage with bespoke interior and a mixture of bespoke and std interior parts. Both are around £1.5 million, however there were only 14 V600's built and from what I gather the last couple took a while to find owners. There are however 110 Valours and allegedly all sold - interestingly AML have released a promo video today

So I wonder if the depreciation curve on the V600 will teach us anything about likely future residuals for Valour?

Think there's a big difference between the V600 and the Valour as one is a heavily modified V12 Roadster with some very nice design details, but still essentially a V12 Vantage where the other is far more bespoke. In my mind, I'm not surprised the Valour is sold out as think it looks stiunning, and would buy one if looking in that level of the market.

[nickv12]

flow99 said:

Think there's a big difference between the V600 and the Valour as one is a heavily modified V12 Roadster with some very nice design details, but still essentially a V12 Vantage where the other is far more bespoke. In my mind, I'm not surprised the Valour is sold out as think it looks stiunning, and would buy one if looking in that level of the market.

Agreed. But there's also the difference of 14 examples vs. 110.

If the argument were 1 example vs. 110, the case would be stronger, mind...

[AdamV12V]

Visually yes the Valour is far more different to the new V12V upon which its based but even though V600 appears more similar to the V12VS it was based uppn, it also has pretty much 100% bespoke exterior body panels and a good chunk of bespoke interior.

I strongly suspect if you count up bespoke items on each car they will be largely similar overall, even if the visual impact differs hugely.

[RSbandit]

I mean £1.4 million for the V600 new …Jesus wept …talk about more money than sense never special enough for that price tag that’s more than a McLaren P1 or Carrera GT !

[flow99]

nickv12 said:

flow99 said:

Think there's a big difference between the V600 and the Valour as one is a heavily modified V12 Roadster with some very nice design details, but still essentially a V12 Vantage where the other is far more bespoke. In my mind, I'm not surprised the Valour is sold out as think it looks stiunning, and would buy one if looking in that level of the market.

Agreed. But there's also the difference of 14 examples vs. 110.

If the argument were 1 example vs. 110, the case would be stronger, mind...

Originally there was only going to be one V600 as it was bespoke order car, but owner then agreed to the limited run.

[Jon39]

flow99 said:

Originally there was only going to be one V600 as it was bespoke order car, but owner then agreed to the limited run.

The customer did post about the project (named Dreadnought) on here.
The change from one example to 7 Coupes and 7 Roadsters, must presumably have reduced the price of each car.

Perhaps the owner of the cars that are the subject of this topic, might be the instigator of Project Dreadnought, because we are told that the prototype V600 is also owned by the same person.

Such a shame that the values have reduced so dramatically.