Another defector

dickygrace

www.richardgracecars.co.uk
Messages
7,334
OFP is ‘Optional Final Payment’ meaning you can pay it or hand the car back to the finance company.
 

Wattie

Member
Messages
8,640
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.
Bit like a Brexit then.
Some make a decision based on facts. Others make a decision on emotion.
One half believes in fact...the others fact/emotion.
two years is a very long time.....in this environment.
 

Felonious Crud

Administrator
Staff member
Messages
21,134
P.s if the man maths add up for you ....you need one of these cars in your life

If I remember correctly, anyone who bought one at list and then decided to sell it very much had the man-maths working in their favour. No man-maths calculator needed.
 

whereskeith

Member
Messages
821
If I remember correctly, anyone who bought one at list and then decided to sell it very much had the man-maths working in their favour. No man-maths calculator needed.
Correct. We have one unregistered which is in stock ready to go but I think it may now be sold.
 

bigbob

Member
Messages
8,965
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.

I think there was some confusion in that some posters may have thought you bought it new so it’s not right or wrong just lack of clarity.

I visited an AM dealer recently and the DB11 is a wonderful car, does not work for me as I need to carry three/four people at times but a great car nevertheless. One year old ones seem to be £120k+ retail which would put three year old ones at £85-90k trade when we get there IIRC. Of course if you are upgrading at that stage as you say then they can mask a £5-10k discount on the new car in an over allowance on the old car to make the old car’s depreciation look better than it really is.

As an aside I tried to talk myself into a Rapide S, these drop about £70k list price to trade on screwing the Reg plates on but they will still fall quickly until sub £50k retail.
 

iainw

Member
Messages
3,386
I think there was some confusion in that some posters may have thought you bought it new so it’s not right or wrong just lack of clarity.

I visited an AM dealer recently and the DB11 is a wonderful car, does not work for me as I need to carry three/four people at times but a great car nevertheless. One year old ones seem to be £120k+ retail which would put three year old ones at £85-90k trade when we get there IIRC. Of course if you are upgrading at that stage as you say then they can mask a £5-10k discount on the new car in an over allowance on the old car to make the old car’s depreciation look better than it really is.

As an aside I tried to talk myself into a Rapide S, these drop about £70k list price to trade on screwing the Reg plates on but they will still fall quickly until sub £50k retail.
Agree bob. I was pretty clear though if they read correctly I had bought it nearly new and had made a significant saving. It suprises me on here some of the views of the experienced car owners / buyers.. Dickie is correct- you can plan easily if there is a GFV / OFP. And most balloons offered are relatively conservative - relying on many years of fiscal planning and scenarios by the finance companies. It’s pretty simple to me- decide what you are comfortable losing over the time period, balance that with your predicted income and attitude your nearest and dearest then get what makes you smile ...
 

iainw

Member
Messages
3,386
This is clearly what RWC has done as that DB9 is gorgeous. If die hard long term maserati lovers are jumping ship... it’s a sad time for the brand. I just don’t know who will buy the new / nearly new Maserati’s when it’s financial suicide. There will always be a market for the Strads and depreciated versions but I really think the brand has a difficult future.
 

rivarama

Member
Messages
1,102
You are wrong. You have no clue what I paid for it - so v silly to postulate.

Wow someone is being very very sensitive here! I didn’t mean to offend you.

Because you get a special from your friend the dealer, you probably feel special :) I got deals on all my cars too

In all seriousness, I really don’t think any of us has a clue about what your car will be worth in 2yrs... I would be amazed - and pleased for you - if you find a buyer who’s happy to pay £160k for that car in 2years... I’d rather pay a bit more and get a brand new car with my own specs, financed by a dealer who’s trying to make the quarter / hit his targets to continue getting their AM incentives.

I still hope you get as much as possible for it.
 

iainw

Member
Messages
3,386
Wow someone is being very very sensitive here! I didn’t mean to offend you.

Because you get a special from your friend the dealer, you probably feel special :) I got deals on all my cars too

In all seriousness, I really don’t think any of us has a clue about what your car will be worth in 2yrs... I would be amazed - and pleased for you - if you find a buyer who’s happy to pay £160k for that car in 2years... I’d rather pay a bit more and get a brand new car with my own specs, financed by a dealer who’s trying to make the quarter / hit his targets to continue getting their AM incentives.

I still hope you get as much as possible for it.
I am clearly talking in a different language. I wasn’t offended or upset- I was just stating you were wrong in my opinion. As is very clear- I didn’t buy it new, and I didn’t get a ‘special deal’. If I got 160k for it I would be happy with a 30,000 profit instead of a 25,000 loss.
 

Rwc13

Member
Messages
1,668
Well had a good drive out early this morning on some good roads in Cheshire. What a wonderful car. The roads were damp, so certainly couldn’t give it anything like full beans, but first impressions are it’s really fast, perhaps not off the line, but in gear, in almost any gear, it picks up speed incredibly quickly. Then there’s the noise - the exhaust is not that loud, quieter than a GTS, but it has a lovely tone. But what I am really liking is the mechanical noise up front from the V12 - that is something else. The steering and damping is also really impressive and it feels a lot smaller than a GTS. And the cabin is a work of art. So 24 hours in I am absolutely thrilled with the car. I cannot wait to drive it again.

In terms of the deal I firmly believe the car will be worth more than the ballon payment in 2 years time. But really, I could care less right now if it isn’t. I’m set for 2 years of epic drives in a beautiful V12 and that is worth more to me than any amount of depreciation on this car.

And as bonus, it is already averaging 23mpg....... I never got close to 20 on average in a GTS........6.0 V12.......go figure
 

D Walker

Member
Messages
9,827
Agree totally, don’t understand why people are concerned about whether or not other people will lose/ not lose money.. would be good for you to revisit this thread in 2 years and detail the true costs.
In the meantime, enjoy that V12, I’ve made various enquiries against other cars, but no one wants a GS, and as I’m now going abroad, I’ll keep it I guess, cos any car I have now will not get driven too much, unless I get an offer on it...
 

Felonious Crud

Administrator
Staff member
Messages
21,134
Glad you're enjoying it, RWC. I fully agree about the noise, poise and cabin quality. You'll find that engine spins up insanely fast in Sport mode, but the slicker gear shifts make it my default option, just with a lighter right hoof. I'm also seeing surprising average mpg, generally over 20 on a run, even one involving a few more spirited squirts.

Iain, I'd have bitten the dealer's arm off for what you paid for your car. It's a peach, and the price was extraordinary. The joys of buying when dealers need to shift stock and when you can give a healthy deposit. Happy days!

Mine was £157k list, was sold to its first owner a fair drop south of that and I'm delighted to have paid substantially less still when I bought it at a year old and fresh back from its first service. Of course, it'll drop some more in the next years, but rather like RWC I was happy to use my GTS as a deposit and the modest monthly repayments are superb value for driving such a wonderful car.
 

bigbob

Member
Messages
8,965
Well had a good drive out early this morning on some good roads in Cheshire. What a wonderful car. The roads were damp, so certainly couldn’t give it anything like full beans, but first impressions are it’s really fast, perhaps not off the line, but in gear, in almost any gear, it picks up speed incredibly quickly. Then there’s the noise - the exhaust is not that loud, quieter than a GTS, but it has a lovely tone. But what I am really liking is the mechanical noise up front from the V12 - that is something else. The steering and damping is also really impressive and it feels a lot smaller than a GTS. And the cabin is a work of art. So 24 hours in I am absolutely thrilled with the car. I cannot wait to drive it again.

In terms of the deal I firmly believe the car will be worth more than the ballon payment in 2 years time. But really, I could care less right now if it isn’t. I’m set for 2 years of epic drives in a beautiful V12 and that is worth more to me than any amount of depreciation on this car.

And as bonus, it is already averaging 23mpg....... I never got close to 20 on average in a GTS........6.0 V12.......go figure
Glad you like it. As ever when people change brands it prompts a look. I had forgotten that AM had made the Virage for a couple of years. I wonder if it will be viewed as a miss by AM or a limited production gem in the years ahead? Here is one here:

https://www.autotrader.co.uk/classi...ion=at_cars&sort=price-asc&radius=1500&page=1
 

iainw

Member
Messages
3,386
Glad you're enjoying it, RWC. I fully agree about the noise, poise and cabin quality. You'll find that engine spins up insanely fast in Sport mode, but the slicker gear shifts make it my default option, just with a lighter right hoof. I'm also seeing surprising average mpg, generally over 20 on a run, even one involving a few more spirited squirts.

Iain, I'd have bitten the dealer's arm off for what you paid for your car. It's a peach, and the price was extraordinary. The joys of buying when dealers need to shift stock and when you can give a healthy deposit. Happy days!

Mine was £157k list, was sold to its first owner a fair drop south of that and I'm delighted to have paid substantially less still when I bought it at a year old and fresh back from its first service. Of course, it'll drop some more in the next years, but rather like RWC I was happy to use my GTS as a deposit and the modest monthly repayments are superb value for driving such a wonderful car.
I think your man maths calculator was fully functioning then Adam. A stunning car at a great price. I don't think you will lose much and it will be more than worth it in smiles per mile! Jealous that you could use Bamford rose to make it sound even better...
 

Rwc13

Member
Messages
1,668
I think it was generally regarded as a very good car, and certainly the facelifted DB9 features a lot of the best bits from the Virage, both outside and underneath. My view is it might well be seen as a gem further down the line
 

rockits

Member
Messages
9,172
All far too rich for my back pocket whichever way you cut it. I can't justify or afford to drop 25k, 20k or even 10k on a car a year.
 

outrun

Member
Messages
5,017
I think the DBS is the one that will be viewed as a gem. Maybe the Vanquish as well.

The DB9 looks great Robert, enjoy every minute! I had my car out today and it is a little damp out there so I tried "wet" mode so see how much more the 4wd intervenes. It's actually quite good because it also allows more engine braking in that mode which I quite like. The downside is that it's now covered in lovely salt and so I'll have to clean in the next day or two. When the exhaust was fitted, they removed the undertrays and brought me in to have a look at the mechanicals. They strongly suggested that I bring it to them in the new year, they'll remove the trays, clean everywhere and wax and seal it all as there is ZERO protection from the factory. I'll be doing that for sure.

I'm told that none of these cars - Ferrari, Lambo, Porsche, Aston - have any underside protection so I urge anyone who hasn't done it and uses it during Oct-March to get it done now!
 

outrun

Member
Messages
5,017
All far too rich for my back pocket whichever way you cut it. I can't justify or afford to drop 25k, 20k or even 10k on a car a year.

And yet you run 8 cars so are happy to spend a bunch on insurance, tax, maintenance etc etc. I'd personally rather plough all of that cost into two cars - one silly one and one daily driver. We all make our choices, whether we lose or gain. In the end, as long as you're happy with your own choice, that's all that really matters.