V12V values 2011/12

V12V values 2011/12

Author
Discussion

Mako V12V

Original Poster:

3,135 posts

220 months

Saturday 28th January 2012
quotequote all
The February CAP Black book (industry standard) values are out and mine V12V is apparently worth £81800 CAP clean, ie roughly px value assuming its mint. Below is an interesting graph of how values have gone in the last 12 months. This is based on my car, a Jan 2010 registered with 5721 miles on it.


ShortTimers

112 posts

172 months

Saturday 28th January 2012
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Phil, do you have teh same thing for teh V8V? interested to see what is says based on the MO

Mako V12V

Original Poster:

3,135 posts

220 months

Saturday 28th January 2012
quotequote all
Yeah can do. Please supply plate number, ie 08, 59 etc, mileage and if it's a coupe, roadster, manual, auto.

ShortTimers

112 posts

172 months

Saturday 28th January 2012
quotequote all
Mako V12V said:
Yeah can do. Please supply plate number, ie 08, 59 etc, mileage and if it's a coupe, roadster, manual, auto.
08 11K roadster Manual N400 Thanks

michael gould

5,692 posts

247 months

Saturday 28th January 2012
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That is horrendous .......10k drop in 3 months !

Mako V12V

Original Poster:

3,135 posts

220 months

Saturday 28th January 2012
quotequote all
Michael - the Feb book value drop is £4300 but I expect values to rise March to May, or hold at worse.

Mako V12V

Original Poster:

3,135 posts

220 months

Tuesday 28th February 2012
quotequote all
Mako V12V said:
The February CAP Black book (industry standard) values are out and mine V12V is apparently worth £81800 CAP clean, ie roughly px value assuming its mint. This is based on my car, a Jan 2010 registered with 5721 miles on it.
Update - March CAP values have indeed goine up (as predicted!). My car now CAP cleans at £83400, an increase of £1600 over last month. Even my Golf GTi went up £550!!

Happy days biggrin

CatalystV12V

772 posts

187 months

Tuesday 28th February 2012
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I bought at just the right time then.... unusual for me biggrin

Slarti

1,828 posts

160 months

Tuesday 28th February 2012
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Interesting. What are the figures based on? Actual sale prices? Advertised prices? Or something else?

Mr Noble

6,535 posts

239 months

Tuesday 28th February 2012
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Exactly! What are the prices based on. Speculation mostly.

It's ok to have a rough price guide for mass market cars selling thousands every month but to give prices for cars like the V12 Vantage it can only be based on a tiny number of sales.

Your car is worth what the next chap is prepared to pay for it.

I just sd my 535d which booked at £21k. I got £24k for it because it was the only one of its colour and spec available this month.

All our Astons are likely to be worth more than the book price if they are in sought after colour combos and have all the toys. If its a green V8V with blue leather and no sat nav then I'd guess it wod never achieve the "book" price cause no o e woul be mad enough to pay it!


Just my 2p smile

johng39

3,059 posts

166 months

Tuesday 28th February 2012
quotequote all
Mr Noble said:
If its a green V8V with blue leather and no sat nav then I'd guess it wod never achieve the "book" price cause no o e woul be mad enough to pay it!


Just my 2p smile
I don't think 2p would buy it smile

Anyway if the black book says my V12V has gone up in value then that means exactly nothing as I ain't selling.

Mako V12V

Original Poster:

3,135 posts

220 months

Tuesday 28th February 2012
quotequote all
Mr Noble said:
I'm only worth 2p smile
"CAP Black Book is used as the industry benchmark for used car disposal values and provides comprehensive used car valuation data for the majority of cars on the market. Black Book data provides representative and latest used car market values to enable profitable purchase and disposal decisions."

And

"CAP Black Book is designed to reflect actual values, rather than a negotiating tool.
Where do we get our data?
• Analysis of recent disposals data through numerous sources across the UK
• Vast amount of raw data
• Around 1.5 million transactions per year from all sectors of the motor industry "




Mr Noble

6,535 posts

239 months

Tuesday 28th February 2012
quotequote all
Not trying to start an argument here! Just interested in how it works.

How do they know what a car was actually sold for? They can see cars for sale, say a V12V at £85k, but if it's bought by me for £78k, how would the book people know? They'd have to assume it was sold for £85k. There must be some variance amongst their prices for the less mainstream cars.

355f

516 posts

254 months

Wednesday 29th February 2012
quotequote all
Mr Noble said:
Exactly! What are the prices based on. Speculation mostly.

It's ok to have a rough price guide for mass market cars selling thousands every month but to give prices for cars like the V12 Vantage it can only be based on a tiny number of sales.

Your car is worth what the next chap is prepared to pay for it.

I just sd my 535d which booked at £21k. I got £24k for it because it was the only one of its colour and spec available this month.

All our Astons are likely to be worth more than the book price if they are in sought after colour combos and have all the toys. If its a green V8V with blue leather and no sat nav then I'd guess it wod never achieve the "book" price cause no o e woul be mad enough to pay it!


Just my 2p smile
Why would Astons be worth more than the book price

Having sold my V8 a few months ago i can assure you the dealers use CAP as the guide and then bid lower!

One generous dealer in the west mids offered £33K for a perfect 10K miles 2007 with sports pack and wheels.