David Brown Automotive GT depreciation?

David Brown Automotive GT depreciation?

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Discussion

Tazar

Original Poster:

541 posts

199 months

Wednesday 11th January 2023
quotequote all
The David Brown Automotive GT ex demonstrator has just sold today on Collecting Cars for £275,000 which is a big depreciation from the £600,000 plus for a new one. It was registered 2015/16 and has done just over 12k Miles with ownership only with the factory.
The advert said less than 50 have been built but I believe less than a handful have been registered in the UK.
It is only a Jaguar underneath I believe so a high price still for a Jaguar.

rat rod

4,997 posts

72 months

Thursday 12th January 2023
quotequote all
Tazar said:
The David Brown Automotive GT ex demonstrator has just sold today on Collecting Cars for £275,000 which is a big depreciation from the £600,000 plus for a new one. It was registered 2015/16 and has done just over 12k Miles with ownership only with the factory.
The advert said less than 50 have been built but I believe less than a handful have been registered in the UK.
It is only a Jaguar underneath I believe so a high price still for a Jaguar.
Believe Bradley Walsh had one built,as you say big depreciation but i think he can afford it ,he seems to be on everything at the moment,

mind you ,you won't lose a penny if it's a keeper.rolleyes

Very illogical buy when you could have had the best MK 2 DB6 in the world with good amount of change

or a very nice DB5 for the same money,maybe the guy is soooo rich he already has one of each of them confused

Petrus1983

9,825 posts

169 months

Thursday 12th January 2023
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It was god awful ugly and basically a Jaguar. Why anyone would have paid £600k is beyond me and I’m surprised it made that figure on CC.

Eta - if it was £600k that’s £27 per mile depreciation yikes

Edited by Petrus1983 on Thursday 12th January 02:11

ThomW

1,322 posts

35 months

Thursday 12th January 2023
quotequote all
rat rod said:
Tazar said:
The David Brown Automotive GT ex demonstrator has just sold today on Collecting Cars for £275,000 which is a big depreciation from the £600,000 plus for a new one. It was registered 2015/16 and has done just over 12k Miles with ownership only with the factory.
The advert said less than 50 have been built but I believe less than a handful have been registered in the UK.
It is only a Jaguar underneath I believe so a high price still for a Jaguar.
Believe Bradley Walsh had one built,as you say big depreciation but i think he can afford it ,he seems to be on everything at the moment,

mind you ,you won't lose a penny if it's a keeper.rolleyes

Very illogical buy when you could have had the best MK 2 DB6 in the world with good amount of change

or a very nice DB5 for the same money,maybe the guy is soooo rich he already has one of each of them confused
Amazingly, Walsh created his own company/car called the Vantare GT, which somehow manages to look even worse than the DB Automotive GT.



The worst part is that a beautiful DB9 died to create this monstrosity!

rat rod

4,997 posts

72 months

Thursday 12th January 2023
quotequote all
ThomW said:
Amazingly, Walsh created his own company/car called the Vantare GT, which somehow manages to look even worse than the DB Automotive GT.



The worst part is that a beautiful DB9 died to create this monstrosity!
Didn't realise there was two makers of these cars ,just assumed they were one of the same,should have twigged when the Jag mechanics were mentioned

as i was aware of the DB9 mechanics after reading about Bradleys car somewhere. Either way WHY ??, makes no sense at these prices.

Understand the GT40,Cobra ,D &C Type thing having owned all bar a GT40 replica's myself, built well they offer the sense of occasion of the real thing

at a fraction of the price of original turning a drive on any A road into the Mulsanne straight if that's your thing,

Give me a DB9 and the change and i can blow it on the above .





Edited by rat rod on Thursday 12th January 13:02

Katzenjammer

1,137 posts

185 months

Thursday 12th January 2023
quotequote all
I’m not surprised at this level of deprecation. The car is a naff pile of nothingness. The only surprising things are (a) they sold 50, and (b) sold them at £600k.

Tazar

Original Poster:

541 posts

199 months

Thursday 12th January 2023
quotequote all
But they haven’t sold 50.
If you go onto How Many Left and look at David Brown you’ll see thousands registered up to 20 years ago but I’m presuming they are agricultural machines. Since 2012 there have been one or two registered a year up to 2019. I’m presuming they are this type of car. So they might have registered 5 or 6 in the UK.
This car being the demonstration car has been sold for what reason? It presumably still does a good job as a demonstrator so why sell it? Cash flow seems an obvious reason. No demand is another one.
Maybe people out there realise the really good cars that can be bought for £600k+. Plenty of genuine Astons in top condition or I’m sure that you can find a rare rhd Ferrari 330/365 from the 60s for that sort of money.

Tazar

Original Poster:

541 posts

199 months

Thursday 12th January 2023
quotequote all
But they haven’t sold 50.
If you go onto How Many Left and look at David Brown you’ll see thousands registered up to 20 years ago but I’m presuming they are agricultural machines. Since 2012 there have been one or two registered a year up to 2019. I’m presuming they are this type of car. So they might have registered 5 or 6 in the UK.
This car being the demonstration car has been sold for what reason? It presumably still does a good job as a demonstrator so why sell it? Cash flow seems an obvious reason. No demand is another one.
Maybe people out there realise the really good cars that can be bought for £600k+. Plenty of genuine Astons in top condition or I’m sure that you can find a rare rhd Ferrari 330/365 from the 60s for that sort of money.

r o n n i e

382 posts

183 months

Thursday 12th January 2023
quotequote all
Tazar said:
But they haven’t sold 50.
If you go onto How Many Left and look at David Brown you’ll see thousands registered up to 20 years ago but I’m presuming they are agricultural machines. Since 2012 there have been one or two registered a year up to 2019. I’m presuming they are this type of car. So they might have registered 5 or 6 in the UK.
This car being the demonstration car has been sold for what reason? It presumably still does a good job as a demonstrator so why sell it? Cash flow seems an obvious reason. No demand is another one.
Maybe people out there realise the really good cars that can be bought for £600k+. Plenty of genuine Astons in top condition or I’m sure that you can find a rare rhd Ferrari 330/365 from the 60s for that sort of money.
This is a different David Brown isn’t it?

The “Sir David Brown” of agriculture machines and then legendary “DB” Aston Martin cars is not the same David Brown for this thing.

thegreenhell

17,225 posts

226 months

Thursday 12th January 2023
quotequote all
Tazar said:
But they haven’t sold 50.
If you go onto How Many Left...
That won't tell you how many have been sold to overseas customers, which would probably be most of the production run.

ThomW

1,322 posts

35 months

Thursday 12th January 2023
quotequote all
thegreenhell said:
Tazar said:
But they haven’t sold 50.
If you go onto How Many Left...
That won't tell you how many have been sold to overseas customers, which would probably be most of the production run.
Agreed. I’m guessing the majority will have gone to China, Japan, Singapore etc. Huge wealth, very little taste and love faux British chintz.

ratrod 2

1,368 posts

16 months

Saturday 25th November 2023
quotequote all
ThomW said:
rat rod said:
Tazar said:
The David Brown Automotive GT ex demonstrator has just sold today on Collecting Cars for £275,000 which is a big depreciation from the £600,000 plus for a new one. It was registered 2015/16 and has done just over 12k Miles with ownership only with the factory.
The advert said less than 50 have been built but I believe less than a handful have been registered in the UK.
It is only a Jaguar underneath I believe so a high price still for a Jaguar.
Believe Bradley Walsh had one built,as you say big depreciation but i think he can afford it ,he seems to be on everything at the moment,

mind you ,you won't lose a penny if it's a keeper.rolleyes

Very illogical buy when you could have had the best MK 2 DB6 in the world with good amount of change

or a very nice DB5 for the same money,maybe the guy is soooo rich he already has one of each of them confused
Amazingly, Walsh created his own company/car called the Vantare GT, which somehow manages to look even worse than the DB Automotive GT.



The worst part is that a beautiful DB9 died to create this monstrosity!
Bradley Walsh silver Vantare just made a top bid of £110,000 provisionally sold in Historics Auction today,

I very much doubt if that will buy it but that was the highest bid , don't do a lot for me but tempting at that sort of money scratchchin



IMI A

9,670 posts

208 months

Sunday 26th November 2023
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About as tempting as CV19

ratrod 2

1,368 posts

16 months

Sunday 26th November 2023
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IMI A said:
About as tempting as CV19
Ha! Ha! yes you are probably right ,not one thing or the other ,could buy a very nice modern real Aston

for a £110,000, Can't believe that what we assume to be intelligent people would buy one in the first place

at the price they were when you could have had the real deal for not that much more confused

PS estimate was £210K-£240K so puts it all in prospective anyway Collecting Cars did well to get their high bid on the one they auctioned recently

if at all it was a genuine bid.










Edited by ratrod 2 on Sunday 26th November 14:07

IMI A

9,670 posts

208 months

Sunday 26th November 2023
quotequote all