Aston Martin DB7, DB9, DBS, Vantage V8, Vanquish, and Classic models

dBS depreciation

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Old Jan 14, 2015 | 04:02 AM
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dBS depreciation

Been helping a friend look for manual 2 + 2 2009 DBS. He is also contemplating 06 F430. Amazed how the Ferrari is still 130k to 150k after 9 years but the DBS is only 120 to 140k after 6 years.

Do Astons not hold their value as much as Ferrari? Ive always been a fan of aston but seems like their values aren't like the Italians. No luck finding a manual 4 seater DBS.
 
Old Jan 14, 2015 | 06:00 AM
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Well, Ferrari is a little rarer.

All cars depreciate...Jaguar cars drop like BIG rocks! I love Jaguar, but the depreciation is ridiculous. That's good for the secondary market, bad if you buy a new/one year old XKR and two years later it is worth 37% less than what you paid.

I recently had my 2009 DBS (not 2 + 2) refinanced and it was valued at $136K. I was told by the guy at my credit union that they use a special section of the NADA "book" to value those kinds of cars. Don't know how accurate that is.

On a side note, I have plans to get a newer Vanquish in a couple years and was told you can order them with manual trannys. I thought that was outstanding!
 
Old Jan 14, 2015 | 08:48 AM
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Yep, pretty much all AM's drop in value like that. The historic ones are worth a pretty penny, though.

Originally Posted by rscultho
Well, Ferrari is a little rarer.
Not true, Ferrari has been out-producing and out-selling Aston for a very long time - and you'll see far more of them driving around. The car shows, meets, C&C, etc that I go to have 10 Ferraris for every 1 Aston.
 
Old Jan 14, 2015 | 08:55 AM
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I think Astons are more rare , but for some reason even in older Ferrari keeps its value more. I don't know what it is about the DBS but I think they depreciate like crazy. Nice car though if he can find a 4 seater. Havent seen any 4 seater in silver color.
 
Old Jan 14, 2015 | 09:07 AM
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Why the need for 2+2? The back seats are useless except for storage.
 
Old Jan 14, 2015 | 09:24 AM
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Small kids, storage needs, etc
 
Old Jan 14, 2015 | 10:46 AM
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All cars depreciate. Although Aston has a reputation for depreciation, they are about in line with most cars percentage-wise. Because the sales price is higher than most others, however, the depreciation dollars end up being pretty large.
 
Old Jan 14, 2015 | 11:18 AM
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Talk about crazy depreciation: I was at the dealership this weekend. A guy wanted to trade in a three month old 2015MY BMW M6 cabriolet with only 500 miles. Original sticker was $139K. Trade in value was only $85K! Yikes.
 
Old Jan 14, 2015 | 11:33 AM
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Nothing as painful as Mercedes Benz. You see 200k AMG S-Class value cut in half within a couple years of new.

The reality is Ferrari, Lamborghini etc are just way more common and desirable. About 30 percent of people who ask me about my car have never even heard of the Aston Martin brand, let alone seen one before. They're primarily bought by enthusiasts, not playboys or professional athletes. This is why they depreciate like they do.
 
Old Jan 14, 2015 | 01:15 PM
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Originally Posted by telum01
Yep, pretty much all AM's drop in value like that. The historic ones are worth a pretty penny, though.



Not true, Ferrari has been out-producing and out-selling Aston for a very long time - and you'll see far more of them driving around. The car shows, meets, C&C, etc that I go to have 10 Ferraris for every 1 Aston.
Wow - well, I did not know Ferrari produced more cars than Aston.
 
Old Jan 14, 2015 | 01:15 PM
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McLaren may be worse. The local dealer here couldn't give 12Cs away.
 
Old Jan 14, 2015 | 02:10 PM
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The ferrarichat guys are mad that ferrari car production will increase to 10,000 cars per year with their new CEO from fiat/chrysler. They currently produce 7000 cars per year.

Aston made 3400 cars in 2012 and have been making less and less since some of their dealerships closed and their cars are at the end of their life cycle.

In regards to DBS vs f430 depreciation, I concur with some of the comments above regarding the ferrari buyers market vs aston. There's more of a market for ferrari's in general, and the buyers range from the super picky enthusiast that wants super low miles to someone who just wants status and to say they're driving a ferrari. In either regard, both ranges are willing to pay that price for a used Ferrari. 360s and 348's have gone down quite a bit. I've been looking at 599 prices. They're running relatively lower than what they originally went for. I just hesitate at the ferrari "treatment" with maintenance costs and reliability.

And I agree with the car meet observation: sometimes I'm the only Aston there! And that's here in California!
 

Last edited by spyder997s; Jan 14, 2015 at 02:48 PM.
Old Jan 14, 2015 | 03:53 PM
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like what people said above. Ferrari and Lamborghini are more wanted cars.

Astons are for people who want something different IMO. different from the rest is also going to have less of a following.

A lot of people think Aston martins are a waste of money, because a lot of people do not understand them.
 

Last edited by MikeM3; Jan 14, 2015 at 03:55 PM.
Old Jan 14, 2015 | 05:11 PM
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There are also some people who think that are Astons are über-exotic and much more expensive than your typical Ferrari. They never consider them because they figure they are way too expensive. Oh, the irony.
 
Old Jan 14, 2015 | 07:10 PM
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Most people who I know that are attracted to Aston Martins find their heritage, exclusivity, subtlety, and charm appealing. In all seriousness, good taste comes from a refined and educated palate, and that is somewhat rare.
Many other high performance cars are much more in-your-face. Their appeal is quicker and easier to grasp. Faster acceleration and higher g's are seductive and have their own appeal, and the fame that comes with being the quickest, sharpest, slickest creates both legend and desire.
Those factors reduce Aston's initial appeal relative to Ferrari, I think. However, I think that Aston's resale value is reduced because the heritage, exclusivity, subtlety, and charm factors are further devalued by a perception of unreliability. Whether it's true or not, the Ferrari and even Lamborghini forums are nowhere near as populated by posts about problems as our forums are. Smart people with good taste (us) are going to be very careful about buying into a problem car. Those seduced by the edgier cars may not be so particular.
 


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