2006 AMV8 - Cheaper still at £37,995!
Discussion
The mileage dictates that should they had tried to get £40k'ish for the car (the unofficial 'cheap' price for AMV8's) it would have sat around for quite a while, as £40k will buy you a car with less miles. In line with that £38k is about right for a trader. Still too expensive with that mileage for my mind though. Potentially, if the next owner were to sell it next year, having paid that price, with many more miles under it's belt then that would be a nightmare scenario. Why not pay a few £k more and get one with half the mileage?
Interestingly, they seem to be a motor trader, so presuming they just bought that car or are selling it SOR imagine what the outgoing owner got/will get for it: £34k? Less? Ouch! You have to assume therefore that we will see the first retail £35k V8 for sale next year. Now that will be a lot of car for the money.
Interestingly, they seem to be a motor trader, so presuming they just bought that car or are selling it SOR imagine what the outgoing owner got/will get for it: £34k? Less? Ouch! You have to assume therefore that we will see the first retail £35k V8 for sale next year. Now that will be a lot of car for the money.
runway78 said:
...Still too expensive with that mileage for my mind though. ...
Hmmmm.Whilst I suspect it's priced right to sell in the current market, I'm not sure on that statement.
I'm convinced these will be yet another car that gets better with use, and when you start looking at what else you can get for 38k...well it doesn't add up to much, does it?
Will see how values are doing in 18mths' time when I may be up for a change in car, but if the values are seriously depressed then ESX may be getting some of my money.
I am not one of those who believes supercars with above average mileage are sheds. Quite the opposite in fact. I have run Maserati 3200's, 4200's and Ferrari 456 & 550's onto 'above average market mileage', thanks to work, and having owned/known of lesser mileage examples of those models too, I always feel that these tourers benefit from being used and excercised regularly and not just sitting around stiffening up. Maintenance on the higher miles cars proved minimal whereas on the garage queen versions seemed more often/expensive (perishable items like tyres, aside of course).
However, I do not set the market parameters. And come sale time was always astonished at how hard the cars were to sell on even when priced competitively. That is the nature of the supercar used sales market I am afraid - it is all about 'perception'. And most used supercar buyers tend to percieve high mileage cars as needing more maintenanace or hard to shift come resale time, hence stay away. Silly I know, but I do not make the market rules. Nature of the beast, and all that. Would I have a problem maintaining or driving a 40k Aston - nope. Would I have a problem selling one on - Yep. IMHO of course
Personally, I go for a colour, spec and car that I am happy with as I have to look at it and drive it everyday. If I take a hit come resale time or it takes ages to shift then so be it. And regarding price of £38k, those wanting to by something a little special have alot of choice right now: Ferrari 456,550,F360,F355 to name but a few. Nevertheless, I do find all this talk of cheap prices a little crass (as I slap my own wrist) because believe it or not, and not to sound up my own arse, I belive Aston Martins are a cut above the rest, and should command a higher value for such a reason. But again, I don't set the market rules/forces...
However, I do not set the market parameters. And come sale time was always astonished at how hard the cars were to sell on even when priced competitively. That is the nature of the supercar used sales market I am afraid - it is all about 'perception'. And most used supercar buyers tend to percieve high mileage cars as needing more maintenanace or hard to shift come resale time, hence stay away. Silly I know, but I do not make the market rules. Nature of the beast, and all that. Would I have a problem maintaining or driving a 40k Aston - nope. Would I have a problem selling one on - Yep. IMHO of course
Personally, I go for a colour, spec and car that I am happy with as I have to look at it and drive it everyday. If I take a hit come resale time or it takes ages to shift then so be it. And regarding price of £38k, those wanting to by something a little special have alot of choice right now: Ferrari 456,550,F360,F355 to name but a few. Nevertheless, I do find all this talk of cheap prices a little crass (as I slap my own wrist) because believe it or not, and not to sound up my own arse, I belive Aston Martins are a cut above the rest, and should command a higher value for such a reason. But again, I don't set the market rules/forces...
runway78 said:
...And regarding price of £38k, those wanting to by something a little special have alot of choice right now: Ferrari 456,550,F360,F355 to name but a few. ....
I have a love of f-cars (certainly the older ones), but a 10-15yr old one versus a 3yr old Aston probably isn't a natural comparison - I suspect they'd be bought for different reasons/purposes but could be wrong.Lot of car for the money though, and I do wonder where prices might end up. One thing's for sure, they won't be rising.
Maybe a supercharger kit will look attractive after all
Some fair points there Murph, and I agree - doing 10-15k a year now in a 456 would be madness (I never could get those ruddy windows to seal up properly) whereas a Vantage could handle it with ease I suspect. But I do find alot of petrolheads/pals do say, "right I have a budget of £40k (or whatever) what can I get for highdays and weekends", hence a lot of Ferrari's/Astons's open up together. But no doubt those looking for a more modern, regular use steed with naturally better reliability etc. weigh up an Aston Vantage against say a Porsche 911 (996/7) for sure.
I am not sure about the ESX upgrade. We need to see more figures and feedback. Plus, any data on durability testing? Also, I would hate to rob low-mid range driveability for top end bhp gain. No German Autobahns around here you see The AMV8 is a point and squirt car, and I would not want to lessen that character. Besides, you have the Daytona for the really straight roads I presume you watched Hammond on Topgear a few weeks back. Did that car have the wider rims as that car's rear rims looked abit wider than the norm? (apologies at this point for non old f-car loving Aston guys)
) whereas a Vantage could handle it with ease I suspect. But I do find alot of petrolheads/pals do say, "right I have a budget of £40k (or whatever) what can I get for highdays and weekends", hence a lot of Ferrari's/Astons's open up together. But no doubt those looking for a more modern, regular use steed with naturally better reliability etc. weigh up an Aston Vantage against say a Porsche 911 (996/7) for sure.I am not sure about the ESX upgrade. We need to see more figures and feedback. Plus, any data on durability testing? Also, I would hate to rob low-mid range driveability for top end bhp gain. No German Autobahns around here you see
The AMV8 is a point and squirt car, and I would not want to lessen that character. Besides, you have the Daytona for the really straight roads I presume you watched Hammond on Topgear a few weeks back. Did that car have the wider rims as that car's rear rims looked abit wider than the norm? (apologies at this point for non old f-car loving Aston guys)okgo said:
m33ufo said:
So do we see prices recovering for this vehicle in the future - if it's bought now at £38K is it going to recover to a higher level in a year or two?
Is it not quite obvious that this won't happen?Was it obvious to everyone 6 months ago that their then £50K Aston would now be worth £12K less?
Demand will increase for these cars and just as prices have fallen why won't they rise again?
What a strange world we live in. We have a car that we love to drive and yet fear to drive because we don't want to put too many miles on it for fear of not being able to get the right price when we sell it!
f
k that circus st I say. I bought mine to drive and drive it I do. I have done 11k in 11 months and will do the same in it next year and to hell with it. It has 17k on it now for an 07 car and do you know what I don't care. I dont care if Mine is worth 50p when I come to sell it to be honest because I will have had 80k worth of fun driving the damned thing as opposed to selling it for 50k having had all that fun looking at it sitting in the garage ROFL.
f
k that circus st I say. I bought mine to drive and drive it I do. I have done 11k in 11 months and will do the same in it next year and to hell with it. It has 17k on it now for an 07 car and do you know what I don't care. I dont care if Mine is worth 50p when I come to sell it to be honest because I will have had 80k worth of fun driving the damned thing as opposed to selling it for 50k having had all that fun looking at it sitting in the garage ROFL.m33ufo said:
okgo said:
m33ufo said:
So do we see prices recovering for this vehicle in the future - if it's bought now at £38K is it going to recover to a higher level in a year or two?
Is it not quite obvious that this won't happen?Was it obvious to everyone 6 months ago that their then £50K Aston would now be worth £12K less?
Demand will increase for these cars and just as prices have fallen why won't they rise again?
Soul Reaver said:
What a strange world we live in. We have a car that we love to drive and yet fear to drive because we don't want to put too many miles on it for fear of not being able to get the right price when we sell it!
fk that circus st I say. I bought mine to drive and drive it I do. I have done 11k in 11 months and will do the same in it next year and to hell with it. It has 17k on it now for an 07 car and do you know what I don't care. I dont care if Mine is worth 50p when I come to sell it to be honest because I will have had 80k worth of fun driving the damned thing as opposed to selling it for 50k having had all that fun looking at it sitting in the garage ROFL.
+1 !!! f
k that circus st I say. I bought mine to drive and drive it I do. I have done 11k in 11 months and will do the same in it next year and to hell with it. It has 17k on it now for an 07 car and do you know what I don't care. I dont care if Mine is worth 50p when I come to sell it to be honest because I will have had 80k worth of fun driving the damned thing as opposed to selling it for 50k having had all that fun looking at it sitting in the garage ROFL.
soul reaver.... spooky.i too have an 07 with 17000 now on the clock. i have enjoyed wringing it`s neck,going to work,going to see customers etc.every single one of the 17000 miles i have done have been a pleasure and,especially in the current climate with low residuals etc.,rather than chop it in in march next year i will keep it for a while longer.fk hiding it away in the garage,if i`m going to take a bigger hit than i would have expected so be it but it would be even worse if i took that hit having mollie coddled the car and not had my moneys worth out of it.
k hiding it away in the garage,if i`m going to take a bigger hit than i would have expected so be it but it would be even worse if i took that hit having mollie coddled the car and not had my moneys worth out of it.tuscaneer said:
soul reaver.... spooky.i too have an 07 with 17000 now on the clock. i have enjoyed wringing it`s neck,going to work,going to see customers etc.every single one of the 17000 miles i have done have been a pleasure and,especially in the current climate with low residuals etc.,rather than chop it in in march next year i will keep it for a while longer.fk hiding it away in the garage,if i`m going to take a bigger hit than i would have expected so be it but it would be even worse if i took that hit having mollie coddled the car and not had my moneys worth out of it.
For a laugh I will take mine to a dealer in spring 09 and get an offer on a part ex for a 4.7 roadster just to see what mine is worth, but to be honest I don't need to change it. It has a private plate on it, I love it A LOT and k hiding it away in the garage,if i`m going to take a bigger hit than i would have expected so be it but it would be even worse if i took that hit having mollie coddled the car and not had my moneys worth out of it.NO ONE
I drive past goes oooerrrr missus look at that crap Aston with 20.000 miles on the clock! He should not be allowed on the road running up the miles like that. Well I never.
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