How much for this V12V?

How much for this V12V?

Author
Discussion

CatalystV8V

Original Poster:

772 posts

187 months

Thursday 26th January 2012
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silverspeed

1,505 posts

236 months

Thursday 26th January 2012
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£82,500 tops in thd market might start at £80k with no trade in.

clorenzen

3,722 posts

241 months

Thursday 26th January 2012
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Is this ebay?

WantanewV12V

580 posts

208 months

Thursday 26th January 2012
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That is £145,000 of spec. Would you really only expect to pay £80k for a 15 month old car thats done 800 miles a month ? Thats only 55% retained value ?

franki68

10,622 posts

227 months

Thursday 26th January 2012
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WantanewV12V said:
That is £145,000 of spec. Would you really only expect to pay £80k for a 15 month old car thats done 800 miles a month ? Thats only 55% retained value ?
May list at 145 highly unlikely original buyer paid that.if its at 90k dealer probably paid somewhere round 70-75k for it so yes it has lost that much,I think it would not be bought at 80k from dealer but 85k should do it.

CatalystV8V

Original Poster:

772 posts

187 months

Thursday 26th January 2012
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85k was what I was thinking....

JohnG1

3,485 posts

211 months

Thursday 26th January 2012
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£75k and haggle a lot!

It's a buyers market. No one in the UK is buying heavy metal right now. All of the sales are going overseas.


CatalystV8V

Original Poster:

772 posts

187 months

Thursday 26th January 2012
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Hi John... you really think 75 - 80k yikes

This is my problem... prices seem to be all over the place... I've seen MY09 cars drop 4k in the last couple of weeks... The one in Cardiff seems to be good value at 78k..
I've also got my V8V to trade.. (MY07 16k miles) which I've been offered 33k for as a part exchange...

Your thoughts as always are extemely welcome biggrin

johng39

3,059 posts

166 months

Thursday 26th January 2012
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CatalystV8V said:
Hi John... you really think 75 - 80k yikes

This is my problem... prices seem to be all over the place... I've seen MY09 cars drop 4k in the last couple of weeks... The one in Cardiff seems to be good value at 78k..
I've also got my V8V to trade.. (MY07 16k miles) which I've been offered 33k for as a part exchange...

Your thoughts as always are extemely welcome biggrin
£50K plus yours maximum. I have just purchased a similar spec (1 year older but half the miles) and traded an 07 V8V and did not give anything like that much wink plus my V8V needed a bonnet paint and new tyres which they did do before the current owner took it. I hope that gives you something to go on. £75K is what I would call extremely optimistic. But I guess John goes on the value of his car in the current state of cleanliness wink.

Jockman

17,988 posts

166 months

Thursday 26th January 2012
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John is just living in the real world.

11 years ago I bought a commercial premises. Advertised at £705,000. I offered £350,000. We agreed on £450,000.

Unless you ask, you will never know smile

CatalystV8V

Original Poster:

772 posts

187 months

Thursday 26th January 2012
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Hi Johng39

thank you for jogging my memory.. I remember exchanging a few emails with you now..
I guess I value my car at 33k trade in... It's in good nick .. .won't require a respary or tyres.. On that basis 82-83k would seem to be the right price.

Wish me luck... biggrin

johng39

3,059 posts

166 months

Thursday 26th January 2012
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CatalystV8V said:
Hi Johng39

thank you for jogging my memory.. I remember exchanging a few emails with you now..
I guess I value my car at 33k trade in... It's in good nick .. .won't require a respary or tyres.. On that basis 82-83k would seem to be the right price.

Wish me luck... biggrin
Maximum wink I would start lower and not start at that figure. I would perhaps start at £45K as an example if it were me.... I cant say that I disagree with Jockman and his appraisal of things or JohnG1 (he is my cousin after all) in his sentiment of getting a great deal. I think that realistically if you get that for about £80K you have done very well IMHO for a 15 month old car. When all is said and done a cheeky bid will at least get the ball rolling and I certainly would want to part with as little of my hard earned as possible. They can always say no... (but I doubt it....)

JohnG1

3,485 posts

211 months

Thursday 26th January 2012
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Seriously - the UK is going into recession (or never left). No-one is buying heavy metal.

I would start with a call to the firm, prove credentials that you are not a test pilot and then offer £70k as an opening bid.

With regard to trade-in values, well, I hate that dancing around of left hand gives/right hand takes away haggle of trade-in + cash adjustment.

But these cars are not moving - my suspicion is that the market is saturated - most folks who wanted a V12V have bought one so any other sales are to folks who were only willing to pay a lot less.

Also, forget the list price of £145k. I was offered a V12V without negotiation for £120k. I have heard of cases where dealers have offered new cars at £110k.

So really, you are looking at a car with heavy usage in 16 months for £30k off the original price paid. At £2k-£3k per month a trade at £70k-£80k is about right.

Also - check who owned it - was it spanked around on a PDC or whatever?

Jockman

17,988 posts

166 months

Thursday 26th January 2012
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Do Dealers still have monthly targets ??

It is after all the 26th smile

mikey k

13,014 posts

222 months

Thursday 26th January 2012
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Jockman said:
John is just living in the real world.

11 years ago I bought a commercial premises. Advertised at £705,000. I offered £350,000. We agreed on £450,000.

Unless you ask, you will never know smile
That part of Scouseland is quiet cheap wink

You can always go up, but going down after an offer is next to impossible!

michael gould

5,692 posts

247 months

Thursday 26th January 2012
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WantanewV12V said:
That is £145,000 of spec. Would you really only expect to pay £80k for a 15 month old car thats done 800 miles a month ? Thats only 55% retained value ?
yes......the arse has fallen out of high end cars.....if you have cash its a great time to buy one.

mikey k

13,014 posts

222 months

Thursday 26th January 2012
quotequote all
WantanewV12V said:
That is £145,000 of spec. Would you really only expect to pay £80k for a 15 month old car thats done 800 miles a month ? Thats only 55% retained value ?
The mileage is dragging the value down.
12.5k in 15 months is alot for an Aston wink


yeti

10,523 posts

281 months

Thursday 26th January 2012
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mikey k said:
The mileage is dragging the value down.
12.5k in 15 months is alot for an Aston wink
True, but having done those miles will have got rid of any niggles. Perfect, and as you say, priced well because of this bit of good fortune smile

Shmee

7,565 posts

219 months

Thursday 26th January 2012
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mikey k said:
The mileage is dragging the value down.
12.5k in 15 months is alot for an Aston wink
I've done 12.5k in 15 months and I am confident mine is better off for it!

ShortTimers

112 posts

172 months

Thursday 26th January 2012
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So what is an average milage for a AM's?... at what level does it become excessive?