Very Low Vantage Prices

[DSLiverpool]

V8 Vantage
Example 2
Deposit :
£6,000
48 Months @
£699pm
+ Final Payment

THAT works out at £40k for 4 years use - bargain !!

[limpsfield]

DSLiverpool said:

V8 Vantage
Example 2
Deposit :
£6,000
48 Months @
£699pm
+ Final Payment

THAT works out at £40k for 4 years use - bargain !!

you still have to pay the final payment don't you? so its more than 40k

[Pugsey]

DSLiverpool said:

V8 Vantage
Example 2
Deposit :
£6,000
48 Months @
£699pm
+ Final Payment

THAT works out at £40k for 4 years use - bargain !!

Is this a joke? Or am I missing something. Just in case I am, I'll avoid pointing out the obvious..........................

[DSLiverpool]

Hand it back after 4 years .... no bubble to pay

A new one will lose say £30k in a year ?

http://www.oraclefinance.co.uk/aston_v8vantage.asp...

Edited by DSLiverpool on Thursday 5th March 15:27

[limpsfield]

DSLiverpool said:

Hand it back after 4 years .... no bubble to pay

A new one will lose say £30k in a year ?

http://www.oraclefinance.co.uk/aston_v8vantage.asp...

Edited by DSLiverpool on Thursday 5th March 15:27

As I understand it from speaking to them last year there is no hand it back option here. That is why it says + final payment i.e. its not an optional thing.

Edited by limpsfield on Thursday 5th March 15:46

[DSLiverpool]

Ah - I never assumed that for a minute, I bet the final payment is £50k or so

[GR1FF1F]

You could always just default on the final payment and let them snatch the car back, but then that wouldn't help your credit rating much, and they might exact goods to the value for any shortfall (or just break your kneecaps).

[DSLiverpool]

Isnt there a 50% law if you pay half you dont need to pay anymore if you hand back ?

[Murph7355]

DSLiverpool said:

Isnt there a 50% law if you pay half you dont need to pay anymore if you hand back ?

I think someone else mentioned this elsewhere and think it only applies to certain arrangements.

Regardless, there is always the moral law that if you can't really afford something, don't buy it. As this is, in essence, what we're talking about

[GR1FF1F]

Absolutely, I think AM should only sell to people who can afford to buy without finance. Perhaps then we wouldn't have all these interminable threads about where you can snaffle up the cheapest Vantage. We'll all end up being tainted as bargain hunters and have no choice but to go out and buy a DBS like Angel !

[XXXAngelXXX]

my new DBS is financed ..... contract hire

Edited by XXXAngelXXX on Thursday 5th March 16:58

[bogie]

so Oracle finance are truly "Oracles" and can see into the future that a 4 year old Vantage will be worth £45K to cover the final payment (when 3 year old ones are £30K trade in now!) ...well if you can get them to do that in writing, in todays climate, and you have a GFV "give it back" price of £45K and are happy to rent a car for £825 a month inc deposit (essentially what you are doing ) then that dosent seem tooooo bad to me

I would suspect however their figures are a little optimistic, just to draw you in , and the reality is a little different ...you may be limited to 2.5K miles a year or something silly LOL

[XXXAngelXXX]

252 k new 3 years later 30k kms later 126k guaranteed take back by the financing company .... a 3 years oracle.....

[GR1FF1F]

XXXAngelXXX said:

my new DBS is financed ..... contract hire

Edited by XXXAngelXXX on Thursday 5th March 16:58

Now I am disillusioned. Had you down for a "buy what you want, when you want it, never look back and don't ask how much" kind of guy.

[Murph7355]

GR1FF1F said:

Absolutely, I think AM should only sell to people who can afford to buy without finance. ..

Not quite what I'm saying.

There's a difference between someone who uses finance for leverage and any end payment can be taken in their stride. And someone who may be up st street if the residual doesn't cover the final payment

And I am NOT intending to suggest that the OP is in any particular camp. Just being my usual sarcy self.

All that said, I can't help think that a lot of companies have based their business models on the premise that people will continue to buy a lot of product, when most of those buyers are doing so on unsustainable finance...

[GR1FF1F]

Agreed, and I'm not sure they do the marque or their long term prospects any favours by doing so. Realise that volumes are important to survival, but once the image becomes cheapened it is hard to recover that afterwards.

[Murph7355]

GR1FF1F said:

Agreed, and I'm not sure they do the marque or their long term prospects any favours by doing so. Realise that volumes are important to survival, but once the image becomes cheapened it is hard to recover that afterwards.

Absolutely.

A low volume marque is partly special because they're rare. Increasing volumes kills that. They need other USPs.