dBS depreciation
Ferrari Depreciation
some ferrari's take huge depreciation.
most v12 GT cars depreciate like crazy
Even the venerable scuderia depreciated HUGE.
Ferrari values are also much more mileage sensitive than Astons
most v12 GT cars depreciate like crazy
Even the venerable scuderia depreciated HUGE.
Ferrari values are also much more mileage sensitive than Astons
I don't think the scud has depreciated more than any other car would. Mine sold new in 2008 for $305,000. It's now worth around $180,000. It's a big difference in dollars, but then again the car is 7 years old. On a percentage basis, that's not that bad.
Also, prices have actually gone up over the past year so they may now be appreciating. Not a lot of 7 year old cars you can say that about.
Also, prices have actually gone up over the past year so they may now be appreciating. Not a lot of 7 year old cars you can say that about.
Scud with less than 7-8k miles sell for retail top dollar asking price of 180k. On wholesale basis, it's around 165k. Price going up isn't specific to scuds. Prices have gone up across the board for all used sports cars since the financial crisis. 20k mile scuds are asking retail 160k ish which means whole is around 145k.
I think you need to check out Autotrader if you think "retail top dollar asking price" is only $180k. The average asking price is about that. There are a good number with asking prices over $200k.
Regardless, on a percentage basis, the depreciation on the scud has not been more than that of other cars.
Regardless, on a percentage basis, the depreciation on the scud has not been more than that of other cars.
Last edited by Racer_X; Jan 15, 2015 at 02:33 PM.
The way to buy astons is 3-4 years old once depreciation has flat lined. From there you can own one for 1-2 years and take little to no loss on it.
Obviously new GT has changed that a bit not he V8s and a lot of late model V8s may take a bit of a hit, but the 2015s should hold their values relatively well given their much lower MSRP.
Obviously new GT has changed that a bit not he V8s and a lot of late model V8s may take a bit of a hit, but the 2015s should hold their values relatively well given their much lower MSRP.
I have owned both concurrently a little over a year ago. I had an 05 black 430 spider that I bought for around $145k at the time and lost little to no $ (traded it for my 16M) upon trading it. At the same time I had an 09 Casino Royale 2+0 DBS (wanted 2+2 for the kids but could not find one - did not matter in the end). Drove the DBS as a daily driver for about a year and had the HARDEST time selling it - took over 6 months!! Bought it for $135k and then "gave" it to a dealer for $115k, so yea I lost quite a bit there.
I've also had a V8V and lost $ on it as well. I have a V12VS that I bought new, and I'm prepared to bend over. But I love this car so damn much. It's the price of ownership.
Out of all/most cars I've owned, I'd say yes the Astons depreciated the most. I do try to buy most cars at the "golden era" around 2-3 years but Astons are tricky.
Ironically, I think CNC Motors have both of my old cars up for sale.
I've also had a V8V and lost $ on it as well. I have a V12VS that I bought new, and I'm prepared to bend over. But I love this car so damn much. It's the price of ownership.
Out of all/most cars I've owned, I'd say yes the Astons depreciated the most. I do try to buy most cars at the "golden era" around 2-3 years but Astons are tricky.
Ironically, I think CNC Motors have both of my old cars up for sale.
Lol very true
Zuman, those are some good observations, as I find that I enjoy conversations based on mutual, rare interest a bit more than conversations based on superfluous or superficial interest. I enjoy that the person who appreciates an Aston is more likely to be more involved in that mutual area of interest than a person who appreciates a Ferrari. People with money and no brains just go default and buy Ferrari or Lamborghini, so usually, just because someone owns one doesn't say anything about their taste. I like that the people who know what my Aston is seem to *know* what it is, and appreciate it for being a great machine, rather than for it being "expensive" or some other superficial attribute.
Interestingly, I find this attitude extends to other areas of my life as well. Aside from a few Daytona models, I wouldn't really every be interested in wearing or owning a Rolex. In my example above, I feel it's a bit like a Ferrari. The default choice of people with more money than brains. But I have a stunning Zenith Chronomaster open reserve (kinda funny, because Zenith makes many movements for Rolex watches). Most people have no idea it's a $10,000 watch, or they think Zenith is a TV company, but the people who DO know what a Zenith watch is are always really excited to see one in real life, and I've had some great conversations just because anyone who knows what that watch is instantly has something in common with me that's a pretty rare interest all things considered. I'd rather have those conversations than what I'd assume are a bit more shallow conversations if you have something with a bit less "cultural depth". Does that makes sense?
Interestingly, I find this attitude extends to other areas of my life as well. Aside from a few Daytona models, I wouldn't really every be interested in wearing or owning a Rolex. In my example above, I feel it's a bit like a Ferrari. The default choice of people with more money than brains. But I have a stunning Zenith Chronomaster open reserve (kinda funny, because Zenith makes many movements for Rolex watches). Most people have no idea it's a $10,000 watch, or they think Zenith is a TV company, but the people who DO know what a Zenith watch is are always really excited to see one in real life, and I've had some great conversations just because anyone who knows what that watch is instantly has something in common with me that's a pretty rare interest all things considered. I'd rather have those conversations than what I'd assume are a bit more shallow conversations if you have something with a bit less "cultural depth". Does that makes sense?
Zuman, those are some good observations, as I find that I enjoy conversations based on mutual, rare interest a bit more than conversations based on superfluous or superficial interest. I enjoy that the person who appreciates an Aston is more likely to be more involved in that mutual area of interest than a person who appreciates a Ferrari. People with money and no brains just go default and buy Ferrari or Lamborghini, so usually, just because someone owns one doesn't say anything about their taste. I like that the people who know what my Aston is seem to *know* what it is, and appreciate it for being a great machine, rather than for it being "expensive" or some other superficial attribute. Interestingly, I find this attitude extends to other areas of my life as well. Aside from a few Daytona models, I wouldn't really every be interested in wearing or owning a Rolex. In my example above, I feel it's a bit like a Ferrari. The default choice of people with more money than brains. But I have a stunning Zenith Chronomaster open reserve (kinda funny, because Zenith makes many movements for Rolex watches). Most people have no idea it's a $10,000 watch, or they think Zenith is a TV company, but the people who DO know what a Zenith watch is are always really excited to see one in real life, and I've had some great conversations just because anyone who knows what that watch is instantly has something in common with me that's a pretty rare interest all things considered. I'd rather have those conversations than what I'd assume are a bit more shallow conversations if you have something with a bit less "cultural depth". Does that makes sense?
Last edited by plastique999; Jan 19, 2015 at 11:30 PM.
(Nice watches btw.)




