whats wrong with the V 8 Vantage

whats wrong with the V 8 Vantage

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Timmmmmmo

Original Poster:

84 posts

227 months

Wednesday 27th June 2007
quotequote all
hello guys

was just wondering if anyone here could help me

im trying to swap out of my aston V8 Vantage and have been trying to get some trade bids my car is an early launch model fully specced with 10 k miles etc etc was 91 k new

guess how much i have been bid ?

well 2 months ago when i bought my Gallardo i was bid 68 k and thought that was bad but today i was bid 60 k and a lot of traders wouldnt even bid

one said the market had lost confidence in the brand since it was sold

i managed to scrape a bid of 63 but im not selling at that

has anyone got any ideas why this massive drop?

wasnt 6 months ago aston was voted the coolest brand or something !!

whats up any ideas

Edited by Timmmmmmo on Wednesday 27th June 15:37

Pugsey

5,813 posts

219 months

Wednesday 27th June 2007
quotequote all
Sadly sounds about right. At £91k maybe it was a bit over specc'd new which will always increase the loss. Mine - an early launch spec. car - was only £86.5k and didn't seem to be lacking much. There are a hell of a lot of them for sale at the mo. too. All very similar so low price is going to be the only way to make yours stand out from the rest unfortunately.

Are you finding the Lambo itch one that was worth scratching?

Edited by Pugsey on Wednesday 27th June 16:38

AstonZagato

12,910 posts

215 months

Wednesday 27th June 2007
quotequote all
Well first of all, the garage will say anything to justify a low bid and they will bid as low as they think they can get away with. It is all bullshcensoredt. They are quoting a price that they think they can make a nice turn on.

Next factor is that too many speculators tried to jump in, then bailed and they have saturated the real demand.

Thirdly many people bought them because they were the "new, new thing". Now other cars (including the V8 roadster, the Gallardo spyder, the 430 spyder, the Gallargo superleggera) are the current, shiney "NNT" and they are selling the AMV8 to buy those. Once those people are gone depreciation is probably less.

Fourthly, IMHO, Aston pitched the price too close to the DB9 - a second hand DB9 looks very attractive next to a newer AMV8 (if you like both).

Finally, AM have possibly sold too many - but it is waaaay too early to tell. however, with the Roadster now broadening the market and taking out production capacity, the situation may stabilise.

squeezebm

2,319 posts

210 months

Wednesday 27th June 2007
quotequote all
AstonZagato said:
Well first of all, the garage will say anything to justify a low bid and they will bid as low as they think they can get away with. It is all bullshcensoredt. They are quoting a price that they think they can make a nice turn on.

Next factor is that too many speculators tried to jump in, then bailed and they have saturated the real demand.

Thirdly many people bought them because they were the "new, new thing". Now other cars (including the V8 roadster, the Gallardo spyder, the 430 spyder, the Gallargo superleggera) are the current, shiney "NNT" and they are selling the AMV8 to buy those. Once those people are gone depreciation is probably less.

Fourthly, IMHO, Aston pitched the price too close to the DB9 - a second hand DB9 looks very attractive next to a newer AMV8 (if you like both).

Finally, AM have possibly sold too many - but it is waaaay too early to tell. however, with the Roadster now broadening the market and taking out production capacity, the situation may stabilise.
You may be right,but dealer bull or not, its a big drop if thats all they're offering as the cars only worth what the market dictates.

andy355

1,343 posts

243 months

Wednesday 27th June 2007
quotequote all
my last few cars including a 355 and an sl55 i have sold privately. the bids from dealers are usually a joke, they aim to make 10k plus on the car.
times classified worked for me. i always worry about who you might get calling up when advertising privately but luckily had genuine enquiries.
the only thing i would say i make sure your car is priced realistically versus cars for sale from trade - you often see private ads higher than authorised dealers. there is a dealer called top555 who have had a few advertised which seem to go quickly, ive no idea if they are any good but seem to turn over

as to the resale value of the v8v, there do seem to be quite a few for sale. seems to be some cancelled orders in the system which seems odd at this stage.

Timmmmmmo

Original Poster:

84 posts

227 months

Wednesday 27th June 2007
quotequote all
[quote=Pugsey]Sadly sounds about right. At £91k maybe it was a bit over specc'd new which will always increase the loss. Mine - an early launch spec. car - was only £86.5k and didn't seem to be lacking much. There are a hell of a lot of them for sale at the mo. too. All very similar so low price is going to be the only way to make yours stand out from the rest unfortunately.

Are you finding the Lambo itch one that was worth scratching?

yes the lambo if fab but its not an everyday car!

i didnt buy my aston new i got it at my local aston dealer for 81 k oct last year its still a big drop! i only lost 14 k on my 360 in 2 years not 20 k in 8 months.

im used to say a grand a month this is crazy.

however i was going to go for a bentley now i feel i have just got to keep my aston a little bit longer as it cant keep dropping 2 1/2 k a montyh for much longer at that rate in 2 years itl be free to a good home lol

plus apart from a that its been back to the dealer more times than all my other cars put together its still a stunning car its no hardship to keep it.

umless anyone fancies a cheap aston


Murph7355

38,609 posts

261 months

Thursday 28th June 2007
quotequote all
tbh Tim I suspect you paid too much at the outset. 81k for an early car was probably too stiff IMO.

Might be worth waiting a few moths to see what happens with supply as Aston focus on Roadster production.

Also, I wonder if interest rates are beginning to squeeze people a bit and demand for cars in the 70k-100k bracket is slowing...?

Timmmmmmo

Original Poster:

84 posts

227 months

Thursday 28th June 2007
quotequote all
Murph7355 said:
tbh Tim I suspect you paid too much at the outset. 81k for an early car was probably too stiff IMO.

Might be worth waiting a few moths to see what happens with supply as Aston focus on Roadster production.

Also, I wonder if interest rates are beginning to squeeze people a bit and demand for cars in the 70k-100k bracket is slowing...?
thats what im going to do keep it and use it for the summer after all its a stunning car and i do love driving it.
il just put the Bentley on hold for a year or so ( or maybe try and borrow one so i can get it our of my system)

its no hardship driving an Aston is it mate?

so how are you finding your car ?

Pugsey

5,813 posts

219 months

Thursday 28th June 2007
quotequote all
Timmmmmmo said:
Murph7355 said:
tbh Tim I suspect you paid too much at the outset. 81k for an early car was probably too stiff IMO.

Might be worth waiting a few moths to see what happens with supply as Aston focus on Roadster production.

Also, I wonder if interest rates are beginning to squeeze people a bit and demand for cars in the 70k-100k bracket is slowing...?
thats what im going to do keep it and use it for the summer after all its a stunning car and i do love driving it.
il just put the Bentley on hold for a year or so ( or maybe try and borrow one so i can get it our of my system)

its no hardship driving an Aston is it mate?

so how are you finding your car ?
DO NOT BORROW ONE!!! I've just done that for a week and having given it back I seriously don't know how I'm going to manage. Much of the beauty and style - inside and out - of an Aston with the grunt and technofest that is the M6. Very suited to todays roads - doesn't encourage you to drive like a dingbat but boy it'll let you if you want to and even when you're not you're travelling at a hell of a lick. I've tended to use our X5 as a comfortable 'lets just get there' mile muncher of late and things like my Aston or GT3 at other times but the Bentley really seems to cover all the bases - and the R400 will prob. fit in the boot for trips to the 'Ring! Even found myself considering passing my soon to arrive V8Roadster straight on in a deal on one. BE WARNED.

Edited by Pugsey on Thursday 28th June 09:35

Timmmmmmo

Original Poster:

84 posts

227 months

Thursday 28th June 2007
quotequote all
Pugsey said:
Timmmmmmo said:
Murph7355 said:
tbh Tim I suspect you paid too much at the outset. 81k for an early car was probably too stiff IMO.

Might be worth waiting a few moths to see what happens with supply as Aston focus on Roadster production.

Also, I wonder if interest rates are beginning to squeeze people a bit and demand for cars in the 70k-100k bracket is slowing...?
thats what im going to do keep it and use it for the summer after all its a stunning car and i do love driving it.
il just put the Bentley on hold for a year or so ( or maybe try and borrow one so i can get it our of my system)

its no hardship driving an Aston is it mate?

so how are you finding your car ?
DO NOT BORROW ONE!!! I've just done that for a week and having given it back I seriously don't know how I'm going to manage. Much of the beauty and style - inside and out - of an Aston with the grunt and technofest that is the M6. Very suited to todays roads - doesn't encourage you to drive like a dingbat but boy it'll let you if you want to and even when you're not you're travelling at a hell of a lick. I've tended to use our X5 as a comfortable 'lets just get there' mile muncher of late and things like my Aston or GT3 at other times but the Bentley really seems to cover all the bases - and the R400 will prob. fit in the boot for trips to the 'Ring! Even found myself considering passing my soon to arrive V8Roadster straight on in a deal on one. BE WARNED.

Edited by Pugsey on Thursday 28th June 09:35
lol i know ive tried one out before and i was stunned
the quality the solidness and the sheer pace of the thing its like nothing else ive driven ever

F**k it im going for one you only live twice

ive just changed me mind this very minute

pvj

74 posts

217 months

Thursday 28th June 2007
quotequote all
I just let my 06 V8 for go for £68k in part ex against an F430. Also paid £90k, thinking I would keep it forever, and had therefore better tick all the boxes! The book had dropped about 2k between May and June in terms of what the dealers are bidding. Most aston dealers wouldn't even give me a bid!

Murph7355

38,609 posts

261 months

Thursday 28th June 2007
quotequote all
Timmmmmmo said:
...so how are you finding your car ?
Absolutely loving it. Great car. But will never buy another black car!

Presumably you're looking at a GT?

Not a fan myself (too big), but plenty of presence.

I wouldn't expect these to be depreciation friendly either though. So make sure you buy well...

Timmmmmmo

Original Poster:

84 posts

227 months

Friday 29th June 2007
quotequote all
Murph7355 said:
Timmmmmmo said:
...so how are you finding your car ?
Absolutely loving it. Great car. But will never buy another black car!

Presumably you're looking at a GT?

Not a fan myself (too big), but plenty of presence.

I wouldn't expect these to be depreciation friendly either though. So make sure you buy well...
im learning to buy well lol after 50 cars in ten years lol.im lucky i have some friends in the trade who offer me cars at what they can buy for and add maybe 200 quid for their help so i m learning to buy at trade and when im ready to change try move it on to a private buyer at somewere between trade and retail. shame i paid 80 k for my aston from my local dealer but i had to have one there and then and trade supply was quite rare at the time.
i have found a bentley with 14 k miles in silver and with piano wood ( as i cant stand this burr wallnut stuff )it dont look too bad in a bentley though. 04 04 with all the required options for 68 k which is 10 k less than what a bentley dealer would retail at so if i can find a buyer for my aston quick i could move on it quick and roll some of the loss from me aston into the saving im making on the bentley
justwish i could get a bite from someone i would let my car go for 66 k and i think its the cheapest genuine car available



Timmmmmmo

Original Poster:

84 posts

227 months

Friday 29th June 2007
quotequote all
pvj said:
I just let my 06 V8 for go for £68k in part ex against an F430. Also paid £90k, thinking I would keep it forever, and had therefore better tick all the boxes! The book had dropped about 2k between May and June in terms of what the dealers are bidding. Most aston dealers wouldn't even give me a bid!
you did very well mate im getting bids of 60 to 63 k and some dealers dont want to even bid

what do you think of the 430

Murph7355

38,609 posts

261 months

Friday 29th June 2007
quotequote all
Tiiiimmmmmmmooo meet disad-vantage-d...

http://www.pistonheads.co.uk/gassing/topic.asp?h=0...

Timmmmmmo

Original Poster:

84 posts

227 months

Friday 29th June 2007
quotequote all
Murph7355 said:
Tiiiimmmmmmmooo meet disad-vantage-d...

http://www.pistonheads.co.uk/gassing/topic.asp?h=0...
thanks mate

i had already PM him but i think he wants a certain colour and its not mine

never mind cos my car is fab and a lot cheaper

cheers mate

bring on the bentleys

SCO

206 posts

239 months

Saturday 30th June 2007
quotequote all
I'm in the market for a V8 Vantage, just agreed a sale on current car so all being well ready to start serious looking in next week or so. Happy to pay more than the dealers appear to be bidding from this thread.

Looking for a Meteorite/Black with sat nav/HID/phone. 06 car with less than 10K on the clock.

So if anyone wants to move their car PM me.

Best wishes.

Steve




rev-erend

21,510 posts

289 months

Tuesday 3rd July 2007
quotequote all
Timmmmmmo said:
pvj said:
I just let my 06 V8 for go for £68k in part ex against an F430. Also paid £90k, thinking I would keep it forever, and had therefore better tick all the boxes! The book had dropped about 2k between May and June in terms of what the dealers are bidding. Most aston dealers wouldn't even give me a bid!
you did very well mate im getting bids of 60 to 63 k and some dealers dont want to even bid

what do you think of the 430
When you guys say you were getting bids - were you emailing the car details to various AM dealerships..

cardigankid

8,849 posts

217 months

Tuesday 3rd July 2007
quotequote all
I think that there are some fundamental issues going on at the moment. Interest rates have bitten and it will get worse. Blair/Brown Britain is in economic decline because of the size of the public sector. Automobile manufacture and supply is so good now and there are so many good machines out there, that hefty drops are almost inevitable on exotic machinery. Why is someone going to pay serious money for your two year old car if for a few grand more they can order a new one. You have to expect to lose money. I'm sorry about your predicament because you bought a lovely car, but dealers are just ordinary blokes trying to earn a living. Would you pay more for your car just now? Some people, and particularly some of the private advertisers seem to think that a car offered privately is worth more than one through a dealer. IMHO they are just wasting the cost of the advert.

Buying something and keeping it forever is great in theory but can I comment from bitter experience.

1. You really need to be sure that you have sufficient ackers to fund the habit
2. There is always another stunningly gorgeous motor round the corner. You need seriously epic powers of judgement timing and self discipline.
3. One is not enough. You will get bored. What you need is five or six assorted A1 items. Like a decent harem variety is the spice of life. Then you REALLY DO need sufficient ackers to support the habit.

Timmmmmmo

Original Poster:

84 posts

227 months

Tuesday 3rd July 2007
quotequote all
cardigankid said:
I think that there are some fundamental issues going on at the moment. Interest rates have bitten and it will get worse. Blair/Brown Britain is in economic decline because of the size of the public sector. Automobile manufacture and supply is so good now and there are so many good machines out there, that hefty drops are almost inevitable on exotic machinery. Why is someone going to pay serious money for your two year old car if for a few grand more they can order a new one. You have to expect to lose money. I'm sorry about your predicament because you bought a lovely car, but dealers are just ordinary blokes trying to earn a living. Would you pay more for your car just now? Some people, and particularly some of the private advertisers seem to think that a car offered privately is worth more than one through a dealer. IMHO they are just wasting the cost of the advert.

Buying something and keeping it forever is great in theory but can I comment from bitter experience.

1. You really need to be sure that you have sufficient ackers to fund the habit
2. There is always another stunningly gorgeous motor round the corner. You need seriously epic powers of judgement timing and self discipline.
3. One is not enough. You will get bored. What you need is five or six assorted A1 items. Like a decent harem variety is the spice of life. Then you REALLY DO need sufficient ackers to support the habit.
you may well be correct with regard to state of the economy, however thats got nothing to do with with my situation.

im not talking about main dealers im talking about motor traders these are the fellas who have ruined the used car business some are good but most are idiots who bid on a car then a hour later when they know your interested reduce their bid to score a few extra quid that my friend is not on.

i always expect to loose money on cars everyone does however we all have our limits and 20 k in 7 months im afraid is mine, i will not sell my car to a trader for 60 k so he can make money out of me, i dont mind a decent margin but sorry 60 k for my car is taking the piss. and dont say the car will need this and that doing to it cos it doesnt its in MINT condition and still under makers warrenty

and yes i wish i could buy a Aston like mine for 60 k
can you tell me where they are please

now with my regards to if i have enough ackers to afford a loss in can assure you i have, however that doesnt mean i can just go and give money away, so motor traders can make money out of me. in my business every order is won by hard graft and im sure not going to give it away just cos some flash trader thinks i am a mug !

for your info i have 6 cars

a brand new 997 turbo arriving any day
a gallardo 04
my aston 05 ( which woiuld be replaced with a Bentley if i cud get 65 k for my car)
audi Q7 s line 06
audi A3 sline o7
and a nissan navara 07

anyway i just think the whole business is a rip off and im not the only one who feels like this.