Another defector

[Lavazza]

Judging by the link, sold...?

 

[hunta]

Sorry, not trying to spark debate (I have a feeling this ground was covered recently), but I genuinely don't understand. What happens after 2 years? Do you have to give it back or pay an as yet unspecified amount (the 'balloon charge' referred to)?

 

[D Walker]

My understanding is
1. Give it back, if it’s worth more than the GFV you get some cash back.
2. Pay the balloon and own the car.
3. Trade in against another car...

 

[bigbob]

Judging by the link, sold...?

Worked when I posted it but it is a Saturday so the price must have been right!

 

[Lavazza]

Worked when I posted it but it is a Saturday so the price must have been right!

Yes, worked first time for me, but not since.

 

[BuckRog64]

I think this is a very interesting and informative thread.

Firstly, well done on the deal Robert. Lovely looking car and makes sense to try something different. I know people who own both a Maserati and an Aston and they seem to appeal to gentlemen drivers (with the exception of a bunch of this forum's members!).

I didn't appreciate it would cost the same or possibly even less to buy a £100k+ car compared to a £60k one so a bit of a no brainer. I guess this will change when interest rates eventually rise to a more historic norm and/or production numbers reduce to meet adjusted demand.

I've always wanted an Aston but at the moment I think a late pre-facelift Granturismo MC Shift with recent clutch and brake discs, bought privately for mid 30's, offers best value for me and lowest overall cost over a 2 year term.

 

[iainw]

That’s too much of a variable to bank on at the outset but could be a pleasant bonus at the end. Much as Yoghurt said on his 599.
On deals such as a 2017 570S or a 2017 Cali T, the difference between purchase price and OFP is around £25k over 2 years. A £60k DB9, 911, GTS, is likely to cost that in depreciation, servicing and repair costs, whereas the ‘17 cars only costs would be one service on a 570S and possibly tyres, the Cali T tyres alone.

It comes down to how you like to view your maths. Are you the chap who is happy to say, right, sign on the line, I’m losing £25k over 2 years but that’s the lot, and I’ll be driving an 18 month old bonafide supercar. Or, would you like to buy a £60k car and keep an eye on the market, buy the right year, best model, even colour combo, and use it sparingly in the hope that it may cost you just £10-15k; albeit may be £20-25k at the end of the day if you’ve a big bill, a sliding market, a new model introduced or one of a myriad of other factors that could devalue your asset.

This man talks sense. I think you should open a Ferrari specialists - you would be a millionaire in no time.
My 2018 DB11 was 192,000 list- and I would be suprised to lose more than 25k on it over 2 years in this spec looking at prices and how much I paid for it. I could lose more than that on a new 530D or a Ghibli S. Admittedly to retain the most ‘value’ at the end I would probably have to deal into a more expensive car (?F car or DBS) but that’s the plan anyway.
Makes you think

 

[whereskeith]

Very nice car and a very interesting thread. My man maths are useless on these things.
Had the pleasure of driving an 812 superfast today, what a machine that is.

 

[BennyD]

I would be staggered if you only lost £25k over 2 years on any Aston; their value usually drops like a lift with It’s cable cut.

 

[Lavazza]

I would be staggered if you only lost £25k over 2 years on any Aston; their value usually drops like a lift with It’s cable cut.

Guess you're referring to new cars?
There are plenty of used Aston's that are unlikely to ever lose £25k. Choose wisely and you can have a very good experience with AM.

 

[rivarama]

I’d have a 4 seat Stradale at this price point, as I’d need the rear seats. We discussed the merits and negatives of the different possibles. Robert doesn’t require rear seats, so this makes a lot of sense. This is always the case; when 4 seats are required the options are GT Sport/Strad, Panamera and Rapide. When you’re happy with 2 seats (which is what a DB9 really is) there’s a lot of very very tempting exotica.

I am with you on that and most likely the depreciation will be much less than the db9

 

[rivarama]

This man talks sense. I think you should open a Ferrari specialists - you would be a millionaire in no time.
My 2018 DB11 was 192,000 list- and I would be suprised to lose more than 25k on it over 2 years in this spec looking at prices and how much I paid for it. I could lose more than that on a new 530D or a Ghibli S. Admittedly to retain the most ‘value’ at the end I would probably have to deal into a more expensive car (?F car or DBS) but that’s the plan anyway.
Makes you think

I actually think you definitely lost 10% or £20k driving off the parking lot
I think you will be very lucky to only lose £25k in depreciation alone over 2 years... threadto follow I am sure

 

[Phil H]

That's one of the few modern Astons that I like, a very nice machine Robert.

PH

 

[Felonious Crud]

I actually think you definitely lost 10% or £20k driving off the parking lot
I think you will be very lucky to only lose £25k in depreciation alone over 2 years... threadto follow I am sure

That depends what Iain paid for it in the first place. Certainly a long way south of list. Factor in the GFV and your maximum exposure is already worked out for you.

 

[Felonious Crud]

Had the pleasure of driving an 812 superfast today, what a machine that is.

Now that’s a drive worth more than a cursory comment. Details! Opinions! Pictures!

 

[iainw]

I would be staggered if you only lost £25k over 2 years on any Aston; their value usually drops like a lift with It’s cable cut.

Thats true of any car from new - even Ferraris.
Mine lost over 60k in 5 months from new - but bought at the right price and spec (there is nothing like it on AT or PH) - unlikely to lose more than 25k as i said from when i purchased.
The DB11s and Vanquishes are holding their money quite well now, and AM are putting their money where their mouth is with strong GFVs. I had some crazy quotes on 100k + Vanquishes and Vantage V12S's. Reasonable deposits and then mobile phone level monthlies.

 

[iainw]

I actually think you definitely lost 10% or £20k driving off the parking lot
I think you will be very lucky to only lose £25k in depreciation alone over 2 years... threadto follow I am sure

You are wrong. You have no clue what I paid for it - so v silly to postulate.

 

[rockits]

I'm not sure you can say he is wrong but neither is he right. The only time either of these can be said is in 2 years time if/when the car is sold.

All hearsay until that facts are known.

It is a problem for me that half the population seem to fall foul of. Everybody has an opinion often based on no facts or experiences at all. I tend to work on facts and figures that are known then can offer an informed opinion.

It is all tosh and pub talk prior to this quite frankly.

 

[dickygrace]

I'm not sure you can say he is wrong but neither is he right. The only time either of these can be said is in 2 years time if/when the car is sold.

All hearsay until that facts are known.

It is a problem for me that half the population seem to fall foul of. Everybody has an opinion often based on no facts or experiences at all. I tend to work on facts and figures that are known then can offer an informed opinion.

It is all tosh and pub talk prior to this quite frankly.

If you have an OFP you know at the outset, that’s the whole point.

 

[rockits]

As we all know.....the only sure things in life are death and taxes.

Nothing else is guaranteed even the things that say they are.