Purchasing an AM from a private seller but with AM warranty

[Montezooma]

Hi everyone,

First of all - let me introduce myself: I've been lurking for a while but hadn't worked up the courage to join in the posting fun, so this is my first topic. I've been appreciating the knowledge banging around this place and was hoping I could tap your collective wisdow on the following...

I'm looking at buying my first Aston, a V8V - 2006MY and I've found an interesting proposition in a car for sale by a private seller, but with the remainder (around 6 months) of AM extended warranty remaining. I was concerned about buying privately, but the warranty gives me a lot of comfort... so the first question is: should it? And secondly, would you recommend I pay for an Aston dealership to go through a pre-purchase inspection (I've been quoted £440), or is this unecessary given that it will have 6 months of warranty remaining?

Finally, clearly we're talking about a substantial sum of money to change hands - what approach would you recommend for this? I know there are escrow-esque services that you can use, but wasn't sure if they are any good / which ones come recommended / is there a better way?

Thanks in advance!
Monty

[Tonto]

Hi and welcome!




If you are planning to shell out a lot of dosh, then you can't be too carefull in my book. Get the car checked out. If you can find a local specialist like DMS in Derby, then you can save yourself some money.
The AM extended warranty is not really an extension of the manufacturers warranty (and therefore IMHO should not be called an extended one) and it doesn't cover everything that the original one did.
Don't get me wrong, I think its still handy for peace of mind (I have the extended warranty myself).

Sorry I can't advise on the transaction.

Edited by Tonto on Friday 5th March 17:44

[bacardii]

I agree that is not as good as the orginal, but it is the same warranty a Aston dealer would give you. I bought mine and had it checked by a AM dealer and had the warranty, has covered everything i needed

Edited by bacardii on Friday 5th March 18:11

[AMD1]

Mine has the extended warranty which although not yet used, does provide some assurance if there is any mechanical failiure. Of course it excludes wear and tear and as such I would recommend getting it checked out, brake, tyre, clutch wear etc. If you can get it to Derby, them Rick at DMS is your man.

Now stop thinking about it and buy one, your life will improve! Good luck and welcome.

Ade

[Cipo]

Montezooma said:

Finally, clearly we're talking about a substantial sum of money to change hands - what approach would you recommend for this? I know there are escrow-esque services that you can use, but wasn't sure if they are any good / which ones come recommended / is there a better way?

I kinda had this situation as I bought mine from a non Aston dealer. Trust and the 'feel' of the deal are very important. As you are buying private a one owner car would be an advantage as the seller would of been in a fortunate position to afford new and therefore probably genuine. I would guess, most Aston owners are? I went to the bank with my seller, transfered over £50k of my cash into his bank account and still didnt have the keys! Scary? yes, but everything I saw before the cash was done (His house, his premises, paperwork, etc) was right. I have not looked back since last August and still have to pinch myself owning this marque. If it feels right and it all stacks up, then as the slogan says 'Just do it'. Once your in ownership, you have to get use to the picture takers, which there are many!
Good luck.....

[Montezooma]

Thanks very much for the warm welcome and advice - it's definitely been helpful, although it seems this one isn't the one (sold before I saw it!)... will keep looking...

[sharky67]

Buying an AM with aston martin warranty even if its private is good... Any problems throw it at the dealer the guy your buying it off uses... 100% of the time they fix everything...

Edited by sharky67 on Tuesday 9th March 09:15

[JohnG1]

A few comments:

1. Extended warranty is a good thing in my view. The extended warranty does not cover all that the initial warranty covers. Having said that, I have an extended warranty and I've had a fuel tank replaced under warranty which is a lot of money but they paid up with no fuss.

2. I suggest you get an indy garage (maybe DMS up in Derby) to kick the tyres for you. Unless you know a lot about mechanicals I think getting an inspection done is a good idea.

3. I'd ask the garage where the seller has services done to run a report on the service history and also ask them if all advisories (I think that's the right name - where AM suggest a piece of work be done but don't issue a full recall) have been done. If not, get the seller to get them all done.

4. Check fuse 22 is removed (this is just for fun)

5. Drive the car from cold after it's been parked outside overnight. There is an optional advisory about changing gearbox oil and gear linkage - you may need that done.

With regard to paying money to folks - no comment.

Good luck!

[lozzom]

Montezooma said:

Hi everyone,

First of all - let me introduce myself: I've been lurking for a while but hadn't worked up the courage to join in the posting fun, so this is my first topic. I've been appreciating the knowledge banging around this place and was hoping I could tap your collective wisdow on the following...

I'm looking at buying my first Aston, a V8V - 2006MY and I've found an interesting proposition in a car for sale by a private seller, but with the remainder (around 6 months) of AM extended warranty remaining. I was concerned about buying privately, but the warranty gives me a lot of comfort... so the first question is: should it? And secondly, would you recommend I pay for an Aston dealership to go through a pre-purchase inspection (I've been quoted £440), or is this unecessary given that it will have 6 months of warranty remaining?

Finally, clearly we're talking about a substantial sum of money to change hands - what approach would you recommend for this? I know there are escrow-esque services that you can use, but wasn't sure if they are any good / which ones come recommended / is there a better way?

Thanks in advance!
Monty

My question is similar but the other way round. I am thinking about selling mine privately rather than to a dealer or in P Ex as would expect to get a bit more for it. But how to deal with insuring it for roadtests, guarding against looney tyre kickers who see it as a a way to get a short cheap Aston experience ride and generally just negotiating a valuable piece of kit outside your house with people you don't know etc. I don't have warranty but have owned it for over a year, serviced at DMS and it has been 100% reliable etc and is low mileage but i guess that will still be an issue for potential buyers, but reflected in the cost ...