V12V values

[Mako V12V]

Since I had my V12 (Aug 2010) the Cap Black Book (industry standard) values based on a clean px have been as follows:-
Aug 10: 3000 miles - £114.4k
Sep 10: 3250 miles - £111.0k
Oct 10: 3700 miles - £96.9k
Nov 10: 3750 miles - £95.5k
Dec 10: 3750 miles - £95.5k
Jan 11: 3835 miles - £96.9k
Feb 11: 3950 miles - £97.3k

NB1: some dealers may only offer Cap Average which in this case is on average £2k lower. Or anywhere in between.
NB2: cap retail prices have been on average £10k more than cap clean.
NB3: the above prices take no account of optional equipment. On day to day cars optional equipment may only boost the used value by 10% of the original cost price of the option. Not sure what happens with Astons.

The obvious pain was in October (end of season) when value dropped by £14k in one month!
Also of note is from December prices stabilised then have actually risen for the last 3 months which also mirrors the used car Market in general.
It will be interesting to see what happens to values when the season starts again in say April when demand increases.

[UH-Matt]

Seems like a lot of dealers with demo/press/AM cars forsale at moment, perhaps due to new ones arriving in March.. Not sure what thay means though :-)

[The Pits]

Far fewer cars in the classifieds right now so hopefully things will firm up a bit.

[Pugsey]

I'm guessing a continued steady rate of drop (£2kish per month?) until £75/80k where it may then sit for a while. Not one of these "I'll wait until they're worth £50k" mechants btw - my g/f already has one! Just my view.

[bogie]

I reckon same - steady drop until similar to a base new V8 ...will stay there for a long while, except for ropey high milers that will crop up from time to time

[Shmee]

Assuming that curve is similar for all cars; it certainly explains why I was whirl winded in at the end of November!

[UH-Matt]

When the V12V is £80k I will definitely have one. Only thing stopping from doing the deal right away is the depreciation factor compared to my 07 Gallardo, which has done the worst of it and is a better prospect right now I think... Hmm.

[JohnG1]

Thank you to Mako V12V for posting this.

Forgive me for what may be a dumb question but the guide you refer to - is it "trade only" or can a regular Joe go buy a copy? Presumably it's updated monthly? How much?

I can deal with a regular £x per month depreciation since that the price of fun but I am very averse to the 'jumps' that happen periodically.

If this is a bit off topic do please feel free to PM me. Thank you

[UH-Matt]

Jumps will always happen, usually with seasons.

Spring summer always have strongest values for these sorts of car. They usually drop like a stone as soon as the weather disappears.

[The Pits]

Having recently bought a V12 vantage ican see why. The weather prevented me from collecting the car until the new year. And it hasn't done much to encourage me to take it out since.

It's a severe case of self restraint in adverse weather too.

[The Pits]

Having recently bought a V12 vantage ican see why. The weather prevented me from collecting the car until the new year. And it hasn't done much to encourage me to take it out since.

It's a severe case of self restraint in adverse weather too.

[Mako V12V]

John, not a dumb question or off topic. The cap black book is computerised where I work but does come in book form and is probably what most dealers use. I think it's A6 in size and very thick. It's not something you can buy in any shop AFAIK. The book is updated once a month and I think the only way to get it is a yearly sub. The cost of this would
put most private buyers off as they tend
not to need used car prices for a full
year. It's over £200pa I think.
HTH