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Second Hand Prices

88996 Views 13 Replies 5 Participants Last post by  Boxer
I retire next year and plan to have a mid life crisis which may well include buying a V8 Vantage.

With that in mind I've been looking at prices and the one thing that strikes me is that the seller's asking price is always several 1000's well over the recommended book price.

There seem to be plenty of models for sale so supply and demand can't be an issue.

Is it just a case of sellers being too greedy?
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Or just leaving room for negotiation.



It seems that asking prices are generally padded with 10%-20% for negotiation. Do you guys feel the same?
It seems that asking prices are generally padded with 10%-20% for negotiation. Do you guys feel the same?
Yes definitely.



10-20% on a 40k car is a lot of padding!
Wonder how long they've been for sale? Not that rare to warrant super high prices...
Well I did it, althougth it wasn't a Vantage.

Hope you guys don't mind a Jag being posted here.

Pick it up tomorrow.

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Well I did it, althougth it wasn't a Vantage.

Hope you guys don't mind a Jag being posted here.

Pick it up tomorrow.

What made you decide coupe vs convertible?



I'm not a hairdresser!!

Seriously, I've never been a fan of convertibles. I don't know why, I just haven't.

I personally think that a coupe always looks better.

Also, I live in NE Scotland and the number of days you'd get the roof down here could be counted on both hands.
I'm not a hairdresser!!

Seriously, I've never been a fan of convertibles. I don't know why, I just haven't.

I personally think that a coupe always looks better.

Also, I live in NE Scotland and the number of days you'd get the roof down here could be counted on both hands.
We live down at the other end of the island and bought a 12C Spider a few months ago. Run it with the top down all the time.



To be fair it's been cracking weather here the past few days and set to continue well into next week too.

I've managed to use 3/4 of a tank of petrol in less than a day. Mind you I'm not sure that is not that difficult to do!!
To be fair it's been cracking weather here the past few days and set to continue well into next week too.

I've managed to use 3/4 of a tank of petrol in less than a day. Mind you I'm not sure that is not that difficult to do!!
Easy to do if you are pushing on a bit.



For my first ever post on this forum, I'll reveal a dark secret that I usually don't tell anyone, years ago I spent about a year in the used car business, yes I was a used car salesman! I was actually fairly good at it and made some decent money during that time, which isn't always easy for the new guys who don't have the benefit of repeat customers. It was a fun job at times, but the hours can be long and boring, especially on those weekdays waiting for hours on end for someone to pull on to the empty lot. I always aspired to have my own business, which is also what pulled me out of my time in the world of used car sales.

Anyway, my reason for revealing this secret is to tell everyone not to put all that much stock in what "the blue book" says a car's value is and that is especially so for anything rare like an Aston Martin or any classic car. Its hard enough to put an accurate value on a Taurus or Camry, cars that they sell hundreds of thousands of and are sold and resold many times every day, everywhere. How in the world anyone can publish what they think are the accurate values for a rare car like an Aston Martin, Ferrari, Lamborghini, etc or any particular classic car is beyond me. Furthermore, with any exotic the value can go up or down so much based on what kind of service history is provided. I'm new to Aston Martin's (hanging out here to get some info for a purchase in the near future) but when you take into account things like a Ferrari F1 transmission's clutch costing $10k+ to replace and that it goes through those clutches fairly often, there's a lot of play in such car's values.

Even for common cars, the book value should only be a very general guide, it all depends on what someone's willing to pay for your particular car at a given time and I'd say its far more true for any exotic!
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Agree, blue book values are a rough guide at best.



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