Most affordable way into Aston ownership?

Most affordable way into Aston ownership?

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Chris71

Original Poster:

21,545 posts

247 months

Wednesday 2nd July 2008
quotequote all
Largely a matter of curiosity, but what is the most affordable route into Aston ownership? A DB7? A Virage? Original DBS, perhaps?

Could someone give me an idea of running costs? Are there such things as independent marque specialists?

I'm due to be coming into some money shortly and I probably should (and almost certainly will) spend it on sensible things like a house deposit and a pension, but the thought ocurred that if I could get most of the purchase cost back a year or two down the line it might not be entirely unrealistic to invest in an interesting car for a while. I'd love to own an Aston one day and the way fuel costs and taxation are going it may be my only chance to do so!

bogie

16,561 posts

277 months

Wednesday 2nd July 2008
quotequote all
the early cars are not that useable IMO ...certainly not without a big pot of cash handy !...but they are depreciation proof I guess.

DB7 - im sure an owner will be along, probably the least expensive way to get into a modern car, again could be expensive.

I reckon the newer V8 Vantage (that I have) will be below £50K soon for a 3 year old car with hardly any miles...maybe even still under an extended warranty...so if its a choice between a real nice DB7 Vantage for £35-40K or spend a bit more for a barely used car....depends entirely on budget

V8LM

5,235 posts

214 months

Wednesday 2nd July 2008
quotequote all
A DB7 is probably the most sensible way into Aston Martin ownership as the near-term costs are the easiest to predict. A DBS can be a bottomless pit (if you find one that isn't bottomless already). A Virage may not lose you much money, but are more expensive to run and more expensive to fix.

Chiltern Aston (www.db7centre.co.uk) are a well-respected independent specialists - talk to Dominic.


Chris71

Original Poster:

21,545 posts

247 months

Wednesday 2nd July 2008
quotequote all
bogie said:
the early cars are not that useable IMO ...certainly not without a big pot of cash handy !...but they are depreciation proof I guess.

DB7 - im sure an owner will be along, probably the least expensive way to get into a modern car, again could be expensive.

I reckon the newer V8 Vantage (that I have) will be below £50K soon for a 3 year old car with hardly any miles...maybe even still under an extended warranty...so if its a choice between a real nice DB7 Vantage for £35-40K or spend a bit more for a barely used car....depends entirely on budget
I don't know how much I'll have to spend just yet (it's part of an inheritance), but the purchase price of the car - within reason - is potentially less important. I may have new Vantage money to spend, but only if I can retain a reasonable amount of it for when I want something sensible like a house deposit or a pension!

Can you suggest figures for the various cars' real world servicing costs and fuel economy? Is 20+ mpg realistic with the more recent cars? Can you get independent servicing for (comparitively) sensible money?

If one of the more recent cars was frugal enough to use every day (I have quite a lengthy motorway comute) I might consider doing so. Otherwise it would replace my TVR as an evenings and weekends car and then maybe something like a Virage would be a possibility.

I hasten to add this is just a vague look into the feasibility of it - I don't know how much money is coming my way yet and I'm certainly not in the usual AML salary bracket, but with no financial comitments (and other people being hit by the credit crunch) I did wonder if this would be my only chance to own one before Comrade Brown makes it illegal. I'm normally extremely subjectively about cars, but anything with an Aston Martin badge makes me go weak at the knees!

sparks87

12,738 posts

218 months

Thursday 3rd July 2008
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Your best bet is a 3.2 DB7. A 1999 Model in great condition will set you back around £30,000 (big price drop in the last 12 months) and its quite cheap in comparison to other Astons to run, but one of the best looking.

bogie

16,561 posts

277 months

Thursday 3rd July 2008
quotequote all
"I don't know how much I'll have to spend just yet (it's part of an inheritance), but the purchase price of the car - within reason - is potentially less important. I may have new Vantage money to spend, but only if I can retain a reasonable amount of it for when I want something sensible like a house deposit or a pension!"

If you had new Vantage money, id buy a new Vantage, but the earliest/cheapest you can...Im sure in a few months, a 3 yr old car will be £50K ...as long as you dont put 50K miles on it, it shouldnt drop below £40K for quite a few years....is £10K depreciation ok to you?

"Can you suggest figures for the various cars' real world servicing costs and fuel economy? Is 20+ mpg realistic with the more recent cars? Can you get independent servicing for (comparitively) sensible money?"

20mpg on a run yes, but with town driving, and avg of 18mpg is what I get. Servicing at my dealer is £600 ish + extras.

"If one of the more recent cars was frugal enough to use every day (I have quite a lengthy motorway comute) I might consider doing so. Otherwise it would replace my TVR as an evenings and weekends car and then maybe something like a Virage would be a possibility. "

Mine does about 15K miles a year of commuting and 10K miles on business right now...so yeah, if you can afford the fuel, its useable smile

good luck !







Chris71

Original Poster:

21,545 posts

247 months

Thursday 3rd July 2008
quotequote all
I think the (current model) Vantage would be the main contender if I could afford it. I was just a little worried about depreciation and the effects of mileage on resale value.

We'll see - there's a certain amount of family politics and a fiddle to bipass death duties involved so the amount I recieve could vary hugely depending on what's sorted out. However it's been an ambition of mine to own as Aston for as long as I can remember and I think if I found myself with the money (even if it was only temporarily before things like houses and kids came into the equation) I'd find it hard to resist. I even know which fuse to remove already.wink

It seems that running costs for a £60k Vantage needn't be that much higher than my sub-£10k TVR.

That said - are there any young-ish drivers around here? I'm 25 so insurance could be a real issue under the magic 30.

williamp

19,481 posts

278 months

Thursday 3rd July 2008
quotequote all
Chris, if you were looking into the older cars, then when I was 25 I could get classic car insurance, so almost any car over 10 years old was witiin reach insurance-wise, and I woudl expect any 10 year old Aston would be a simmilar amount, insurance wise. So that depends on your preference- on older car, like the V8, a Virage, a DB7? If you find you can afford a modern V8 Vantage, then you can afford a lot of Aston: maybe an 80s V8 Vantage or Volante? maybe the twin blower Vantage from the 90s? Maybe a DB7 Volante, or Vantage. Maybe a Virage 6.3, or a car with the 7 litre engine in.

Lots os exciting possabilities there. Of course, I think you should buy a DBS V8. Bst car ever made. I'm going to ge selling mine, in fact...

Chris71

Original Poster:

21,545 posts

247 months

Thursday 3rd July 2008
quotequote all
williamp said:
Chris, if you were looking into the older cars, then when I was 25 I could get classic car insurance, so almost any car over 10 years old was witiin reach insurance-wise, and I woudl expect any 10 year old Aston would be a simmilar amount, insurance wise. So that depends on your preference- on older car, like the V8, a Virage, a DB7? If you find you can afford a modern V8 Vantage, then you can afford a lot of Aston: maybe an 80s V8 Vantage or Volante? maybe the twin blower Vantage from the 90s? Maybe a DB7 Volante, or Vantage. Maybe a Virage 6.3, or a car with the 7 litre engine in.

Lots os exciting possabilities there. Of course, I think you should buy a DBS V8. Bst car ever made. I'm going to ge selling mine, in fact...
Although I've never had anything especially valuable before I've always driven relatively 'high risk' cars for my age thanks to classic or kit car insurance. As it happens the 1980s V8 Vantage was about my favourite car as a kid... I blame 'The Living Daylights'.

What are the older V8s/Virages like to drive? I'd always got the impression they were quite big, heavy cars. The appeal of a (21st century) Vantage is the idea that a mere mortal such as myself could actually drive it quite enthusiastically as well as enjoying the ownership experience. I also assumed I could put more miles on a somewhat more numerous car like the (current) Vantage without effecting its value too much.

williamp

19,481 posts

278 months

Friday 4th July 2008
quotequote all
Chris71 said:
williamp said:
Chris, if you were looking into the older cars, then when I was 25 I could get classic car insurance, so almost any car over 10 years old was witiin reach insurance-wise, and I woudl expect any 10 year old Aston would be a simmilar amount, insurance wise. So that depends on your preference- on older car, like the V8, a Virage, a DB7? If you find you can afford a modern V8 Vantage, then you can afford a lot of Aston: maybe an 80s V8 Vantage or Volante? maybe the twin blower Vantage from the 90s? Maybe a DB7 Volante, or Vantage. Maybe a Virage 6.3, or a car with the 7 litre engine in.

Lots os exciting possabilities there. Of course, I think you should buy a DBS V8. Bst car ever made. I'm going to ge selling mine, in fact...
Although I've never had anything especially valuable before I've always driven relatively 'high risk' cars for my age thanks to classic or kit car insurance. As it happens the 1980s V8 Vantage was about my favourite car as a kid... I blame 'The Living Daylights'.

What are the older V8s/Virages like to drive? I'd always got the impression they were quite big, heavy cars. The appeal of a (21st century) Vantage is the idea that a mere mortal such as myself could actually drive it quite enthusiastically as well as enjoying the ownership experience. I also assumed I could put more miles on a somewhat more numerous car like the (current) Vantage without effecting its value too much.
Yes they are big and they are heavy. With heavy controls. And pulling away from stationary, they feel heavy. But once on the move, they are surprisingly quick, and can cover ground very fast. Just remember they are heavy cars, and drive them smoothly and its always surprising how quick they are. Its doubtful mileage will affect the value of the older cars as well (DB7 excepted)- for more important is history and condition. If you're serious about the 80s Vantage, try one out. They are fabulous, but different to anything else out there. I've known people through the owners club who desperately wanted one, finally bought one, and hated it. There are others (I'm one) who started saving when I was 18, bought my DBS V8 at 28, and love driving it....

Chris71

Original Poster:

21,545 posts

247 months

Friday 4th July 2008
quotequote all
If the cheque comes through, rest assured I'll be speaking to the AMOC and the nearest dealership as a matter of priority!

My niggling doubt about the older cars is that a current (compact, light weight) Vantage would offer 90% of the ownership experience while also being a more focused driving experience than the older, more GT-biased cars?

koen

148 posts

277 months

Friday 4th July 2008
quotequote all
Chris,

I sold my 2007 AMV8 Vantage, and replaced it by a V8 Vantage 1989 with the full RSW 7.0 litres conversion,
including suspension and brakes. This car has a full service history and is perfect condition, although not
cheap.
The 2007 V8 was just not special enough. It's still one of the most beautiful cars ever made, but when you drive
the car there is something missing. Before, I had a Chimaera and a Tuscan 4.0, and with these cars every journey
was something special.
The 1989 V8 makes every drive special again. This car is a proper Aston, with massive performance and
great presence. This car is so fast in a straight line, and the handling is not too bad as well.
Another plus is the resale value of the 1989 car : this will probably not drop any more, while on the
2007 V8 I lost nearly 20000 GBP in one year...
If you go for the classic V8 : buy the best you can get (mine had a 1-year warranty from RSW !), and look at
as much cars as possible. Also ask advice from a specialist before you purchase, because if these cars
go wrong, it will be very expensive to fix !



xjandy

1,216 posts

198 months

Friday 4th July 2008
quotequote all
If you want to have anything left for the house in a few years,DONT buy new.
Id buy a mid 1990s Vantage.I think theyve done their depreciation, and will only cost you to run it and have some fun.
If you are worried about the cost of running it, Dont buy an Aston!
If you want it for a daily, buy a 2000 + car.

I brought a Virage in haste and it could be a money pit if I let it.

peter450

1,650 posts

238 months

Sunday 6th July 2008
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are'nt the 1980's v8 vantages going up in value? i remeber about 3 to 4 years back looking at them being up for about 50k for a good v8 vantage, and thinking hmm i might be able to get one of those at some point, they all seem up for about 80k now

RichB

52,513 posts

289 months

Sunday 6th July 2008
quotequote all
Chris71 said:
If the cheque comes through, rest assured I'll be speaking to the AMOC and the nearest dealership as a matter of priority!

My niggling doubt about the older cars is that a current (compact, light weight) Vantage would offer 90% of the ownership experience while also being a more focused driving experience than the older, more GT-biased cars?
Have you been on to www.AMOC.org? There's a cars for sale section and the chat forum is open to guests. smile Rich...

Edited by RichB on Sunday 6th July 16:16

Kevin VRs

12,009 posts

285 months

Tuesday 8th July 2008
quotequote all
I ran a Virage as a second car for a while. Insurance was dirt cheap on 5000 miles a year (though I am in my 40s). Fuel consumption is horrendous, motorway cruising will get you up to 18mpg, around town expect 7-9mpg. Overall I averaged 12.2 mpg. Sound great, not particularly quick, not the prettiest (by a long way). I would recommend a DB7 or 2005 V8 Vantage. I will be going for a V8 Vantage as soon as circumstances allow.

Chris71

Original Poster:

21,545 posts

247 months

Thursday 10th July 2008
quotequote all
I'm afraid this has all been put on the back burner for a while. Someone wrote off my daily driver a few days ago and I'm now back to square one on NCB and have what the insurance company is very questionably deeming a 'fault' accident on my record. That would probably make a more recent car (i.e without classic insurane) uneconomical for the time being.

There's also some confusion over the money (a lot of family politics involved...) so I'll make a note of the AMOC forum and possibly lurk for a while until I know I'm ready to move things on.

This didn't stop me flicking through the back of Classic & Sportscar the other day tough and some of the (80s) Vantage prices are scary. I guess it's the variation between those in need of TLC at one end and those which have been heavily re-worked by the factory at the other. Presumably an original-spec car lies somewhere in between.

williamp

19,481 posts

278 months

Thursday 10th July 2008
quotequote all
Chris71 said:
I'm afraid this has all been put on the back burner for a while. Someone wrote off my daily driver a few days ago and I'm now back to square one on NCB and have what the insurance company is very questionably deeming a 'fault' accident on my record. That would probably make a more recent car (i.e without classic insurane) uneconomical for the time being.

There's also some confusion over the money (a lot of family politics involved...) so I'll make a note of the AMOC forum and possibly lurk for a while until I know I'm ready to move things on.

This didn't stop me flicking through the back of Classic & Sportscar the other day tough and some of the (80s) Vantage prices are scary. I guess it's the variation between those in need of TLC at one end and those which have been heavily re-worked by the factory at the other. Presumably an original-spec car lies somewhere in between.
Sorry to hear that. I hope you are OK.

Regarding prices, top cars will always fetch top money. So buy the best you can afford.