I just bought a 9 month old V12, do I know what will happen next year, nope. But I do know this, it won't affect my ability to five my car and I will be driving my fantastic car!

I bought a Carbon edition and those are 200k. So you are looking at 5% depreciation per 10k savings.

The difference of 10 or 15 k seems to me to be the cost of a lease, perhaps even less. I think you have to accept that as the cost of ownership, or you are in the wrong game. By a Ford GT, they don't depreciate that much.

Do you think you will be able to get one at fire sale price, perhaps, but you will likely have to wait a while for that to happen.

Buy when you are ready, but for me cars are like vacations, the real value is in the experience.

Anyway, while you wait, I'm gonna floor mine and smile.

 

Maybe there are regional differences, but most new V12V I've seen are optioned to over 200k+ in the LA area.

And I have freely admitted that this is all speculation, but I still don't agree with your premise that we could be on the "cusp of a boom." That is very far fetched imho. But hey, I hope I am wrong.

 

Sticker price may be around $200k for a new V12V, but if you pay that (at least for a "standard" V12V) you're overpaying by a lot. Regardless, the discussion is about a used 2011 V12V.

It's not my "premise." It's just a possibility. In 2009, many would have scoffed at the idea of the stock market doubling in two years, and yet it happened. Again, my point is that no one has a crystal ball and delaying a car purchase based on speculation that the economy will be worse next year makes no more sense than buying a car today on speculation that the economy will improve by next year. As penguin (and I) said, if the cost of depreciation really scares you, you're in the wrong game (and probably cannot really afford the car).

 

Buy what you like and drive it. I used to let my cars sit in the garage and rarely take them out. I would take them to nicer restaurants where, after dropping a fair amount of cash, would expel my great meal into the toilet a few hours later (sorry, that's biology). If I had no problem paying for a short-lived great meal why would I have an issue driving a car that I paid far more money for? Letting them sit helps to limit depreciation, but how much is that really worth? I've had my Vantage S since November '11 and have done 5K miles in 6 months. I'm paying for it, so I'm going to enjoy it.

 

^^Agree, and these cars do better when they are driven.

 

Oh c'mon. You are not being consistent. One second you are talking about sticker price and now you are talking out-the-door price, which can vary wildly depending on many factors. Sticker is mostly 200k+ in the LA area.

It is possible, but not plausible. Do you not look at the headlines? You are free to believe whatever you like. I clearly cannot change your mind about this grim economy.

In the end, the original post is willing to wait a year, which he/she has clearly stated. And I am just saying that is a wise choice as the price may plummet. However you point out that he/she may not be able to afford it, which may very well be true. At the end of the day, it is AMusic's choice. You cannot prevent people from making financially unwise moves. Just look at Dimon with JP Morgan.

 

Saw an almost new carbon black one with 500 miles go for 159k, they will get hit big as all astons do in the first year of ownership. But they will stabilize somewhere in the 130-150k over the next 2 years just like the 4.3L v8v have stabilized in the 65-85k range

 

My response was that way because you're wrong on multiple levels. First, the discussion was about a used V12V, not a new one. The price you quoted was for a new V12V. Second, not even the new ones sell for "200k+" unless you are a moron. My car had a sticker of $196k and I paid much less than that. There is never any reason to pay sticker.

Who are you to say what is plausible for the economy a year from now? Again, you have no idea, and neither does anyone else. If you think you know what the economy will be like a year from now you are a fool.

As for the headlines, the general press hasn't got a clue about the economy, or anything else for that matter. They get things wrong all the time, and are more concerned with maintaining an audience than anything else (and nothing sells like bad news). And if you follow the market as closely as I do, you'd know that new data comes out daily. Things looked bleak yesterday because of concerns about Greece. Things looked good today, however, because of possible action by global central banks. If you know anything about the economy and the market, things change quickly. None of the experts I follow pretend to have any idea of what the economy will be like a year from now.

No, it's not a "wise choice" unless you really can't afford the car and could be in trouble if the economy tanks. And I'm not saying the OP can't afford the car. To the contrary, I assume he can. What I'm saying is that if you can afford the car (i.e., BUY it and not go into a ton of debt), then a possible downturn in the economy shouldn't matter.

 

If I was on the fence, this one would make me fall off on the side of the Aston. This one has depreciated more than $13/mile. You want "limited Edition"--how about Carbon Black, fully loaded, even has lifetime Sirius Radio and upgraded Audio System.

http://www.autotrader.com/cars-for-s...22633016&Log=0

 

I agree, looks very nice. I would want to make 100% sure that was not one of the demo V12V's they brought around for owners of V8V's to drive a couple years back. The car I spent an hour in was a V12V carbon black.

 

How does one find out if the V12 Carbon Black was indeed a press or demo car?

As I mentioned, a economic downturn and such should not be the determining factor in buying a high end automobile, nor should depreciation rates - I fully realize this. And I could buy the car today without putting myself in ruinous debt.

However, part of the joy sometimes in purchasing things is the feeling that one got a good 'deal' - laugh as you may since we're talking about a high end exotic - and the way each individual defines 'deal' and 'value' is different.

Some like Black Penguin define value as the ability to enjoy his car right now -which i agree. Others, have a more complicated formula which involves consideration of purchase costs, depreciation, etc. before they can get to actually enjoying the car.

 

I'm with you when it comes to finding a deal. One of the things I enjoy almost as much as the car is the negotiation on price

 

If you can wait a bit and are not in a huge rush, buy one right below 150k, your hit on depreciation will be minimal from there at
Least for a few years.

I will say I Sat in the one at the Houston Lambo dealer and it is an unbelievable car. By far the best interior in any vantage ever (basically full DBS interior in the Vantage body). Fit and finish is miles above the V8. Lots of nice special touches as well.

Only downside to carbon black is it only comes in black obviously, so if you want white, you can't get a carbon black car. But if you want a black v12, it's the best way to go

 

@AMusic, I bought my car with nine months of miles on it and let the first buyer take the hit. Saved me a pretty penny in the process.

All cars in this category depreciate, so you have to manage the depreciation vs appreciation ratio. For each person that is different. For me what works best is to buy a gently used car, that will depreciate at less than a reasonable lease on a nice car. That way you aren't losing more than you use.

 

Say what? Please specify.