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Aston Martin V8 Vantage - Buying an Aston Martin - Rerepo

I've never been one to put a lot of money into cars. In the past I've had a BMW 7-series (very troublesome) and a Mercedes E-Class. But at the moment I drive Toyotas. Here in Thailand we have a Yaris, bought new last year. At our villa in Mojacar we have a 2018 Avensis 1.8. In the UK I have a GT86. I also had an Avensis but sold it when I went back to UK for Christmas. The GT86 is stored in a unit on an industrial estate (owned by a mate - I pay him £40/month) and I just use it for fun when we go to the UK in the summer.

I've had an interesting financial situation come up in that I've had an offer to buy one of my rental properties at well above market value. A Middle Eastern gentleman has moved into the neighbouring property and wants to buy my house to make a large single large property. He's basically made me an offer I can't refuse! Anyway, my tenant will be out by the end of April, contracts will be exchanged and I should have a fair bit of cash to play with. I've decided to buy a managed student flat with some of the money - the rest.....well, I'm getting older so thought I might treat myself..

Visited an Aston Martin agent at Christmas and the V8 Vantage is within my budget (£150k). Delivery in about 6 months (they have cars 90% built waiting for parts apparently). Any thoughts on this? The car will be used for about 3 months a year and stored the rest of the time. I like the car, although the 'previous gen' Mercedes infotainment grates slightly.

What are thoughts on a car like this as an investment for post-2030? I am thinking that alow mileage example will retain its value because such vehicles will no longer be available.

Aston Martin V8 Vantage - Buying an Aston Martin - catsdad

A lot depends on other demands on your cash. If it’s really spare money with no better home then I suggest you buy it. However buying it to use would appeal to me more than getting it as an investment.

As a casual observer, cars that retain value seem to be real exotica or more mundane models that middle aged men covet from their youth. I am not sure where a modern Aston Martin fits here? They seem to have lost their allure but maybe that’s just me. Lovely driving indulgence though they might be for now.

I think cars that will retain value best will be those of the last generation of maintainable vehicles. Once they are full of electronics and chips then they are likely to be increasingly difficult to keep running. Value will purely be as an exhibit or thing of beauty to look at. Some will do well in that environment but you might have to wait a long time. The market might be very volatile.

So my tuppence worth would be to buy it and use it and regard value retention as a secondary consideration. I don’t know how old you are but it certainly beats spending the money on a care home.

Aston Martin V8 Vantage - Buying an Aston Martin - badbusdriver

It won't retain its value unless it is a very limited edition, and younger Aston's don't hold their value very well anyway, you just need a glance on Autotrader to realise that.

I personally despise the notion of buying cars as an investment. It is a car for goodness sake, buy it because you want to own and drive an Aston Martin!.

If you want to protect your money as best you can, and own, and drive an Aston Martin, you'd have to get something older, like this directly from Aston Martin Works perhaps?

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And no, it does not have 999bhp, but it is, IMO, way more handsome than anything Aston currently make.

Aston Martin V8 Vantage - Buying an Aston Martin - nellyjak

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And no, it does not have 999bhp, but it is, IMO, way more handsome than anything Aston currently make.

I'd agree...much nicer car to own.

Aston Martin V8 Vantage - Buying an Aston Martin - John F

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And no, it does not have 999bhp, but it is, IMO, way more handsome than anything Aston currently make.

I'd agree...much nicer car to own.

Interesting how different opinions of beauty can be. (I suppose that explains how most people eventually get married!) To me, that car is a prime example of automotive ugliness, I think the most handsome Aston was the DB7.

Aston Martin V8 Vantage - Buying an Aston Martin - badbusdriver

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And no, it does not have 999bhp, but it is, IMO, way more handsome than anything Aston currently make.

I'd agree...much nicer car to own.

Interesting how different opinions of beauty can be. (I suppose that explains how most people eventually get married!) To me, that car is a prime example of automotive ugliness, I think the most handsome Aston was the DB7.

Well I didn't actually say I thought it the most handsome AM full stop (just way more so than the current lineup), but as it happens I do!. Ideally a Vantage with the 580 engine conversion, but it is unlikely one of them would be available within a £150k budget.

The DB7 is undoubtably a pretty car and while for myself, at 5'9" it would probably be fine, for anyone taller than average, headroom is apparently very poor because the seat is set too high.

Aston Martin V8 Vantage - Buying an Aston Martin - mcb100
Forget it as an investment, it’s a depreciating asset like 99.9% of cars.
If you like the look of it, buy one.
If you want a driver’s car, buy a 911.
Aston Martin V8 Vantage - Buying an Aston Martin - elekie&a/c doctor
There’s one on auto trader at 4 years old , it’s lost nearly 50% of its value.
Aston Martin V8 Vantage - Buying an Aston Martin - movilogo

I have never owned any supercar myself but spoken with my colleagues who had own supercars like Porsche 911, Aston Martin, Maserati, Lambo etc.

The general theme I discovered (in no specific order)

  • Novelty wears off quickly
  • Supercars are impractical for day to day driving
  • Lack of rear door hurts
  • Maintenance cost is very high
  • Their electronics/gizmos were often behind budget cars (alternately speaking, even if they have electronic gizmos, many budget cars 1-2 years later have them)
  • They felt more frustrated at traffic jams, speed limits compared to drivers of normal cars
  • They all lost money upon selling it (though some were on PCPs)

Incidentally, most of them sold the supercars within 2-3 years time (or when PCP was up).

Now, it is your money so your decision. But as other posters already said, except 0.01% of cars in the world, rest all depreciate.

I don't know what other interests you have but £150k buys a nice (used) yacht.

On the car front, IMHO Maserati has more palatable prices and has almost same appeal as of Aston Martin - but this is a very subjective opinion.

Edited by movilogo on 03/03/2023 at 09:17

Aston Martin V8 Vantage - Buying an Aston Martin - Terry W

Beauty is in the eye of the beholder. But an EV of the future could have performance that will shame most conventional supercars.

Much better bet may be to buy something that an EV is unlikely to compete with - eg: Toyota Landcruiser with a 3 ton towing capacity and the ability to cross deserts uninhibited by a limited charging network.

Aston Martin V8 Vantage - Buying an Aston Martin - craig-pd130

The general theme I discovered (in no specific order)

  • Novelty wears off quickly
  • Supercars are impractical for day to day driving
  • Lack of rear door hurts
  • Maintenance cost is very high
  • They all lost money upon selling it (though some were on PCPs)

Incidentally, most of them sold the supercars within 2-3 years time (or when PCP was up).

I don't know what other interests you have but £150k buys a nice (used) yacht.

It's definitely NOT a supercar but I did own an MGB GT V8 for 2 years back in the 90s. I loved it and hated it. Despite the grunt, go, wonderful exhaust note and big feel-good factor, eventually the hate outgrew the love, the car constantly needed money throwing at it and was a pain when the weather got colder. I sold it for a little less than I paid for it, but of course had spent a couple of thousand on maintenance and repairs so I lost a fair bit.

And I'm pretty sure that the costs of 'running' a yacht make the costs of running a supercar look like small change!

Aston Martin V8 Vantage - Buying an Aston Martin - John F

I've never been one to put a lot of money into cars. In the past I've had a BMW 7-series (very troublesome) and a Mercedes E-Class.

That's a wonderfully oxym****ic sentence!

I pay him £40/month) and I just use it for fun when we go to the UK in the summer.

That's more than my four cars have actually cost to buy over the past 43yrs if I sold the two I still have and divided the £s by 516.

Visited an Aston Martin agent at Christmas and the V8 Vantage is within my budget (£150k). Delivery in about 6 months (they have cars 90% built waiting for parts apparently). Any thoughts on this?

Just the one. If I had to spend £150k on a car I wouldn't buy an Aston Martin.

What are thoughts on a car like this as an investment for post-2030? I am thinking that alow mileage example will retain its value because such vehicles will no longer be available....

I bought a nine month old Triumph TR7 DRC in 1981 for £4250. It is a low mileage example, has retained its value and is no longer available. Compared to a middling risky choice of a reputable global growth-oriented investment trust (e.g. F&C, SMIT) a very poor investment.

But if you want an Aston Martin, go for it! You will be providing a patriotic service to your country in the form of employment creation, humongous vat'd garage bills, VED and fuel duty.

Aston Martin V8 Vantage - Buying an Aston Martin - badbusdriver

Beauty is in the eye of the beholder. But an EV of the future could have performance that will shame most conventional supercars.

Much better bet may be to buy something that an EV is unlikely to compete with - eg: Toyota Landcruiser with a 3 ton towing capacity and the ability to cross deserts uninhibited by a limited charging network.

There are EV's now that will shame most conventional supercars. With current sub 3 second 0-60 times being on the cards for both ICE and EV, and the Bugatti Chiron being 'limited to' 273mph, it is difficult to see just how much faster a future EV could get!.

But I'm not sure ultimate performance or being the best in a given field is relevant here, after all the V8 Vantage is the current 'baby' of the range............

Aston Martin V8 Vantage - Buying an Aston Martin - edlithgow

Seriously?

With your situation as outlined, you are asking ME for financial advice? Don't think so.

Which suggests this is not really an automotive financial investment question.

If it were, you would study the classic car market and identify a relatively safe home for your money, which this car almost certainly isn't.

I mean, its NEW.

How much more negative could it get?

I'm sure you don't need the basics explained, but here's a Dog and Lemon (who are Australian, and thus culturally averse to BS) article, which...er...explains the basics.

dogandlemon.com/sites/default/files/depreciation_u...f

Edited by edlithgow on 03/03/2023 at 23:03

Aston Martin V8 Vantage - Buying an Aston Martin - Adampr

I have been thinking about this all day.

In my view, a car that holds its value is one that is low volume and desirable. Probably the classic example of this is an Ariel Atom. It also used to be true of Morgans.

Looking for a post-2030 increase, I think the suggestion above is correct - try to find something that isn't very popular but will become an anachronism. Something like a Landcruiser is a good shout. Or those hideous g-class Mercs.

If you want to make decent money, as also alludes to above, your best bet is to get a focus group of 10-14 year olds and ask them what is a really cool car. Some will say McLaren, Ferrari etc, but others might throw you a curve ball. These are the people that might buy the car from you in 20 years' time. If you don't have a focus group available, I think a GR Supra might be an idea. It comes with the obvious bonus of also being reliable and usable.

If you want to make decent money, you need to find something completely absurd. The classic example of this is the RS Cosworth. A terrible car turned into a brilliant one. I still can't think of a modern equivalent. It needs to be far too expensive for anyone who wants it and far too tasteless for anyone that can afford it.

Aston Martin V8 Vantage - Buying an Aston Martin - gordonbennet

Whilst your experience of standing Toyotas around the world for 6 or more months at a time and find they run perfectly with no side effects from standing is what most of us here would expect from the marque, the same might not be said for other makes, finding on your arrival in the country your car has to be trailered away to a dealer for some obscure sensors etc to be replaced over a 2 week period whilst you run about in a hire car would temper any pleasure the car gave.

For your occasional use i'd buy something luxurious like a Lexus LS460 instead for less than 1/10th the cost, pre hybrid range, likely to prove just as boringly reliable as your Toyotas, if you want fast sporting and still reliable then Lexus cater for that too but more costly.

Also don't be too sure that the 2030ban on ice new car sales will go ahead unhindered, there's 2 elections between now and 2030, things may well stay the same and the uniparty carry out their orders to the letter, but as they like to say a week is a long time in politics.

Edited by gordonbennet on 04/03/2023 at 06:47

Aston Martin V8 Vantage - Buying an Aston Martin - movilogo

That link is informative as well as hilarious.

It was indeed true that most cars lost 40% of its value in 1st year. I bought my current car for around 60% of the price when it was only a year old. However, in current market, even budget cars after a year or two, almost selling at same (or even higher) - due to new cars being extremely short supply.

If you don't have the time read entire document, here is the summary.

If you own a vehicle that’s neither desirable nor practical, the value plummets. Luxury cars, by their very nature, are desirable when new and less desirable when old (unless they’re old enough to be a classic). Strangely enough, the more you pay for a new vehicle, the less practical it generally is: luxury cars like the Rolls-Royce Phantom are notoriously thirsty, not especially reliable, as well as being next-to-impossible to park in tiny urban parking spaces. Luxury cars quickly lose their status (and therefore desirability) as they cease to be new. Are you driving a five-year-old Rolls-Royce Phantom? As far as the rich and snobbish are concerned, you’re simply advertising the fact that you can’t afford a newer model.

Edited by movilogo on 04/03/2023 at 11:27

Aston Martin V8 Vantage - Buying an Aston Martin - Hugh Watt

I bought my current car for around 60% of the price when it was only a year old.

Would that be 60% of the list price? If the first owner paid perhaps 75% of the list price (as, ahem, I did), suddenly it doesn't look such a no-brainer.

Aston Martin V8 Vantage - Buying an Aston Martin - Andrew-T

I bought my current car for around 60% of the price when it was only a year old.

Would that be 60% of the list price? If the first owner paid perhaps 75% of the list price (as, ahem, I did), suddenly it doesn't look such a no-brainer.

It always used to be said that a car lost most value as it was driven new off the forecourt. The further amount lost in the following 12 months would be much less than the 40% quoted.

The late-middle-age Pug 207SW I rabbit on about went on the road in April 2008 as a rental car listed at about £14K. When I bought it from the Pug dealer at the end of the year for £9K it had done 13K miles and was slightly overdue for its first service. That's a paper loss of 36% in 8 months, but probably very little from the viewpoint of the rental company.

I just find it a bit strange that someone with pots of money and properties around the world asks for buying advice on here .... :-)

Edited by Andrew-T on 07/03/2023 at 12:08

Aston Martin V8 Vantage - Buying an Aston Martin - Ex Alfa mail

So, did any of these comments help? What's the verdict?

Aston Martin V8 Vantage - Buying an Aston Martin - focussed

Before the OP makes a decision I reccomend he visits this AM dealer. They are an old school motor company and the quality of their pre-owned stock speaks for itself.

Consider a heritage Aston, look how they keep their value!

No connection apart from being in my old neck of the woods in east anglia.

www.strattonmotorcompany.co.uk/