DBS GT Zagato and DB4 GT Zagato Continuation
Discussion
RobDown said:
Half of those DBS Zagatos will be flipped in the first 3 months. I’ll bet a pint of beer on it
AML have been open about their dislike of 'flipping', and although it is obviously difficult to spot new flippers at the time of ordering, a second specials purchase attempt will presumably be refused. I believe there has been a further tightening involving a contract restriction about no sale within 12 months. Obviously there can sometimes be exceptional circumstances, such as medical etc.
Flipping of course works when there is further demand at prices above list. AML might have set the price high enough this time at about £6m for the Zagato twins. Can you imagine a flipper achieving a profit?
Wonder if the DB4 value represents more than half the pair? It is track only and maybe not eligible to race at the Revival.
I will probably get flamed for saying this but the only thing the zagato specials demonstrate to me is how easily a fool and his/her money are easily parted. I just dont get it. Ok the DB4 is lovely etc and in itself is worthy of a premium, but the rest of the tat they pump out is an exercise in extravagance for the sake of itself. They really have taken the idea of trading off heritage to another level, The gimmick must surely end at some point?
[quote=Dewi 2]
AML have been open about their dislike of 'flipping', and although it is obviously difficult to spot new flippers at the time of ordering, a second specials purchase attempt will presumably be refused. I believe there has been a further tightening involving a contract restriction about no sale within 12 months.
[/quote
There’s no restriction. Maybe it’s something AML should do (like Ford with the GT)? I’m not sure how enforceable it will be.
AML have been open about their dislike of 'flipping', and although it is obviously difficult to spot new flippers at the time of ordering, a second specials purchase attempt will presumably be refused. I believe there has been a further tightening involving a contract restriction about no sale within 12 months.
[/quote
There’s no restriction. Maybe it’s something AML should do (like Ford with the GT)? I’m not sure how enforceable it will be.
soofsayer said:
I will probably get flamed for saying this but the only thing the zagato specials demonstrate to me is how easily a fool and his/her money are easily parted. I just dont get it. Ok the DB4 is lovely etc and in itself is worthy of a premium, but the rest of the tat they pump out is an exercise in extravagance for the sake of itself. They really have taken the idea of trading off heritage to another level, The gimmick must surely end at some point?
Thanks for calling me and several other posters on this forum fools. Love you too mateDo manufacturers actually worry that much about flipping of their cars?? After all if if flippers are successful doesn’t that mean your brand is in demand and helps with desirability. Whether today’s market place will means big profits are available time will tell. I would guess that there are some buyers of the Zagato collection who have been somewhat disappointed by the returns they have achieved - if their cars actually sold and they aren’t still holding on to them.
Of course a simple way round it is not allow people who have flipped cars in the past to have access to these very special editions that are being created - but there again would they then sell out as they have done in the past.
BTW I love the DBS in this collection - anyone want to go halves (and before anyone takes that as a serious comment - there is no way I could afford even a 5:1 split
Of course a simple way round it is not allow people who have flipped cars in the past to have access to these very special editions that are being created - but there again would they then sell out as they have done in the past.
BTW I love the DBS in this collection - anyone want to go halves (and before anyone takes that as a serious comment - there is no way I could afford even a 5:1 split
IanV12VSRs said:
Do manufacturers actually worry that much about flipping of their cars??
AP was asked a direct question about this and certainly dislikes the activity. It of course reveals that a limited edition was underpriced and a portion of AML's profit was consequently handed to the flippers.
Having to select the price and the number to be produced, without the benefit of hindsight is the big problem. Some models have never sold the limit number, and others have encountered a double or treble demand.
The other issue with flipping is it can result in lost loyalty to a brand. I’ve spent the last 5/6 years trying to buy a new Porsche GT car (alongside DDs). Even with a brother at a dealer, I haven’t stood a chance. I’ve now given up, have lost interest in owning one and focusing a Aston specials instead (no interest to Ferrari’s, mclarens or
I can understand Porsche staying loyal to their top customers who are genuine keepers but the flippers are a different matter.
I can understand Porsche staying loyal to their top customers who are genuine keepers but the flippers are a different matter.
bananarob said:
The other issue with flipping is it can result in lost loyalty to a brand. I’ve spent the last 5/6 years trying to buy a new Porsche GT car (alongside DDs). Even with a brother at a dealer, I haven’t stood a chance. I’ve now given up, have lost interest in owning one and focusing a Aston specials instead (no interest to Ferrari’s, mclarens or
I can understand Porsche staying loyal to their top customers who are genuine keepers but the flippers are a different matter.
Totally agree. Very frustrating when your a genuine marque enthusiast and want to buy a specific car to drive and keep only to find someone has bought it and put it straight up for sale. I can understand Porsche staying loyal to their top customers who are genuine keepers but the flippers are a different matter.
Ferrari seem to get the balance right (never bought one so would be interested to see whether Ferrari owners can confirm) in terms of rewarding loyal, enthusiast buyers with the “special” cars and ensuring there isn’t too much flipping (some is inevitable). And if you have a history of buying with Ferrari you get to go to events like the SF90 reveal
Aston Martin probably need to learn from them. Too many special cars are ending up in the wrong hands (or they’re building a few too many and it’s ruining the experience for everyone). And their ability to communicate & reward loyal, enthusiast owners is non-existent. Something they desperately need to work on imho
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