Depreciation of the Granturismo

[Ted]

Hi all,

Sorry for a somewhat cynical first post title.

I've been keeping my eye on GT's for a few years now, I've always loved the sound and look of the car. I really fancy a mint one as my weekend car.

I think the >2010 Sport MC Shift 4.7 is the one, with the revised front 'swooping' cheeks.

Should I be concerned about depreciation? Yes - I know - I should just enjoy it and not worry, but I'm interested to hear or even see some stats for how well the GT (S MC in particular) retains it's value. I would have thought the later model 4.7 S would be a future classic, but not yet near bottom.

To be honest if I enjoyed the car I'd probably keep it garaged for a good number of years anyway.

 

[midlifecrisis]

If you're worried about depreciation then maybe cars aren't for you, they all drop, especially Maseratis. It's a fact of life. buy the car to enjoy, or just keep 30-40k in a pile of cash in your garage.

 

[Ted]

If you're worried about depreciation then maybe cars aren't for you, they all drop, especially Maseratis. It's a fact of life. buy the car to enjoy, or just keep 30-40k in a pile of cash in your garage.

More like 60k.

I was expecting that kind of response to be honest, as I know it might offend people asking the question.

Problem is everytime I stand next to one and start it up the hair on my neck pings on end, that's incredibly hard to resist.

Apologies if my first post came across like a tight *******, where as in reality I'm just trying to put head in front of heart. Very tricky in this situation.

 

[midlifecrisis]

It doesn't offend at all, clearly you've not got the bug. Try driving one

 

[D Walker]

It’s sll relative, and who can predict, I never lost money on the buying price of my 4200, but I put a clutch in it, they will all cost, but, I’ve got to the point, you’re an effing long time dead and when you are in a wheel chair ******** yourself, having lost a bit of money on your car will be the last thing on your mind...but you will remember your maserati(s)....

 

[Devonboy]

If you are worried about depreciation......perhaps a Maserati isn’t for you?

 

[Ewan]

You can buy a 2010 4.7 GT-S mc-shift for about £30k. Worst case, good examples will eventually drop to £20k (while the early 4.2 auto will go to mid teens). But then they will pick up. Either way, I can’t see depreciaction being a reason to not buy one, as the running costs are far greater. If you can afford to buy and run one, you can easily afford the temporary depreciation. Keep it long enough and well enough and you may even get to enjoy the financial appreciation.

 

[Felonious Crud]

Three facts:

1. They will depreciate
2. Unused in a garage, they’ll stop working as well. They hate not being used, so buy it and drive it or get something older that’s already done most of its depreciating
3. You are absolutely right about the noise. Beautiful, aren’t they? Just sublime.

PS - welcome, and happy hunting.

 

[Gp79]

Look at the 4200 / GS to get an idea of the depreciation.
Likely mid teens at the bottom, not long to wait

 

[MGT]

How about my low mileage and (in my opinion) lunacy value for money GTS MC Shift?

https://www.sportsmaserati.co.uk/in...recent-clutch-f1-pump-brand-new-brakes.27317/

 

[Andyk]

Drive one and if you love it but one and enjoy. All V8's lose money no matter what marque. It's the age we live in as its a very limited market. They are very hard to move on these days and people have to price accordingly. We have had some great cars on her for sale with that just have taken an age to seek and seen the price go down and down. So paying 30k up for a V8 GT you will lose a shed load as that's just the way and as Ewan said it could be worth 20k or under in a few years as they become even more socially unacceptable. But bloody **** you will have fun.

 

[Zep]

I think Ewan has the right of it, if you buy well and keep it for 4 years of so it could end up costing you £10k. You will spend around that on maintenance as well. Before I bought my first Maser I vacillated one the costs, then I got one and it wasn't as bad as I thought (managing expectations is important!) and I have had a brilliant time in the process.

I think the fact that you are asking the question at all says you have an idea what its like, but the reality is even better, which is why we are all here...

 

[Adhut]

What you need to do, is to be foolish enough to first buy Volvo XC90 T8 for £76K then two years later it will be worth £43k. After that the depreciation of a second hand Maserati looks bloody marvellous . Do correct me if I am wrong, but a 15/16 GTS looks like it will depreciate around £5k a year for the first three years, plus the matainance of £1.5k to £2k a year, sounds like a bargain to own a useable Itialan supercar

 

[JonW]

Hi Ted,

Welcome to the forum, and well done for at least trying to put head before heart! Good luck with doing that.....

Buying a Maserati is never going to be a particularly sensible financial decision, and I think it’s definitely the case that all variants of the Granturismo (including the Stradale) still have plenty of room to fall before they hit the bottom of their depreciation curve.

Some of them will then bounce, but probably only ones that are in some way special. This might be because they were made in limited numbers, or because they’ve been incredibly well cared for and very lightly used. All others will continue dropping in price, but maybe just a bit more slowly.

My personal view, based purely on my own experience, is that the depreciation will be higher than others are saying. For example, I bought mine just over 2 years ago. It’s a 2012 Granturismo S, it had 29,000 miles at the time, full Maserati service history, excellent condition, and I paid £47k for it. At the time that was a fair price (not cheap, but not overpriced).

If I were to try and sell it tomorrow, I reckon the advertised price would be close to £37k, and I could easily see me having to accept less. This is after me having spent at least £6k in the last two years (£2k Service, £2k new wheels, winter tyres, £2k detail and partial resprayed).

This means I’m running at an all in “cost” of c.£16k over two years.

Luckily, I love the car, it makes me smile every time I drive it, and I don’t regret a penny of the several thousand spent.... So, I would definitely say do it, but go in with your eyes and wallet wide open.

 

[Ted]

Thanks guys, I should have stipulated it's not that I can't afford the depreciation, it's that the older I get (I'm only 36) the tighter I become. Perhaps I should live a little and stop being an old fart.

I can stomach 10k in two years. Of course we'd all rather not throw money away but it is what it is.

The Stradale might be another option as I don't have children and I like the idea of lighter and purposeful (as a none daily/primary car).

 

[Ted]

If you are worried about depreciation......perhaps a Maserati isn’t for you?

I was looking at a 911 Turbo as they seem to have bottomed, but the engine note just isn't a Maser V8!

You can buy a 2010 4.7 GT-S mc-shift for about £30k. Worst case, good examples will eventually drop to £20k (while the early 4.2 auto will go to mid teens). But then they will pick up. Either way, I can’t see depreciaction being a reason to not buy one, as the running costs are far greater. If you can afford to buy and run one, you can easily afford the temporary depreciation. Keep it long enough and well enough and you may even get to enjoy the financial appreciation.

Fair comment.

Three facts:

1. They will depreciate
2. Unused in a garage, they’ll stop working as well. They hate not being used, so buy it and drive it or get something older that’s already done most of its depreciating
3. You are absolutely right about the noise. Beautiful, aren’t they? Just sublime.

PS - welcome, and happy hunting.

Ah, point 2 is an issue. I'd probably use the car once a month.

What sort of things go wrong?

 

[Ted]

How about my low mileage and (in my opinion) lunacy value for money GTS MC Shift?

https://www.sportsmaserati.co.uk/in...recent-clutch-f1-pump-brand-new-brakes.27317/

I can't see that link, just goes to the forum homepage for me.

 

[rockits]

I was looking at a 911 Turbo as they seem to have bottomed, but the engine note just isn't a Maser V8!



Fair comment.



Ah, point 2 is an issue. I'd probably use the car once a month.

What sort of things go wrong?

Point 2 is fine IMHO if kept on a trickle charger in a heated/dehumidified garage and run often enough to stop stuff ceasing up. Loads of us do it never have an issue.

 

[bigbob]

What you need to do, is to be foolish enough to first buy Volvo XC90 T8 for £76K then two years later it will be worth £43k. After that the depreciation of a second hand Maserati looks bloody marvellous . Do correct me if I am wrong, but a 15/16 GTS looks like it will depreciate around £5k a year for the first three years, plus the matainance of £1.5k to £2k a year, sounds like a bargain to own a useable Itialan supercar

The Volvo issue in itself is not the car it's the fact that it's a hybrid. They are only built as a lie to get round company car tax rules. The used market knows that which is why they are worth no more than 'normal' cars on resale. FWIW the Volvo website finance calculator is showing a 24 month GFV of £43k on the top of the range hybrid so it's all clear from day one.

What was the car like in the round? I'm looking at a T5 or T6 CX90 to replace my Discovery4.

 

[bigbob]

No

Hi all,

Sorry for a somewhat cynical first post title.

I've been keeping my eye on GT's for a few years now, I've always loved the sound and look of the car. I really fancy a mint one as my weekend car.

I think the >2010 Sport MC Shift 4.7 is the one, with the revised front 'swooping' cheeks.

Should I be concerned about depreciation? Yes - I know - I should just enjoy it and not worry, but I'm interested to hear or even see some stats for how well the GT (S MC in particular) retains it's value. I would have thought the later model 4.7 S would be a future classic, but not yet near bottom.

To be honest if I enjoyed the car I'd probably keep it garaged for a good number of years anyway.

Not sure if you mean the little winglets on the MC shift pre 2013MY or the (less attractive IMHO) new nose on the GT Sport that followed it (Sept 12 production on).

You have been given good advice that depreciation here on will be relatively light but, obviously, don't buy from a dealer and then sell after a couple of years as you could easily double the LFL depreciation that way. Hope you get what you want - great cars, I've had mine seven years and struggle to identify a replacement despite the embarrassing fact that my wife's new Golf R estate is just as fast!