[dealt]

Ok guys, I know buying a car isn't an investment but would you consider a 2009 Aston Martin DBS with 550km for $219,000 a steal of a deal?

If it was driven for a 1-2 years, what would the resale be you think? Avg KM put on it would be around 5000-8000km a year.

Possible to resell it for more?

TIA

[1exotic]

that's a steal if it's local.

... but no you will not resell it for more, you'll probably lose 30k +.

[dealt]

Yes, its local.

hmmm...$180,000... I must be delusional, I was thinking maybe the same price as what it sold for :P

[kchan]

most car would depreciate
i believe the DBS ur looking at is white right? i might be wrong, but make sure its local car because i believe that car came from Alberta

also, your most likely wont be able to sell for what you bought it for because considering the dealer is selling it for $219,000, they probably picked it up for $180,000~ approx or even less considering the economy now

since summer is coming to an end, you might be able to bargin a bit more and get a better deal because selling these kinds of cars during the winter season is hard, and if it doesnt sell they have to keep it till march next year before it might sell.

but definitely won't be able to sell for how much you bought it, unless you paid a lot less than market value

[tofu1413]

damn.. those british cars seems to depreciate insanely fast...

[1exotic]

they do.

brand new 2010 DBS roughly cost 280k in the US now if you check some of the prices out...

when the 2009's were new in 2009 they costed around that also I think, now the 2009's with 4k miles or so are going for like $190,000.... pretty crazy.

[dealt]

most car would depreciate
i believe the DBS ur looking at is white right? i might be wrong, but make sure its local car because i believe that car came from Alberta

also, your most likely wont be able to sell for what you bought it for because considering the dealer is selling it for $219,000, they probably picked it up for $180,000~ approx or even less considering the economy now

since summer is coming to an end, you might be able to bargin a bit more and get a better deal because selling these kinds of cars during the winter season is hard, and if it doesnt sell they have to keep it till march next year before it might sell.

but definitely won't be able to sell for how much you bought it, unless you paid a lot less than market value

Yeah its the one at Westport. Thanks for your information!

[Mugen EvOlutioN]

tofu
any high end car depreciates really fast.



saw an 06 S550 for sale the other day for $50g, low milleage no accident. Thats already 50% off its original price tag!


than an 04 745i for $33g 70k for $33g.

high end cars depreciate a lot faster than say a toyota yaris or honda civic

[tofu1413]

tofu
any high end car depreciates really fast.



saw an 06 S550 for sale the other day for $50g, low milleage no accident. Thats already 50% off its original price tag!


than an 04 745i for $33g 70k for $33g.

high end cars depreciate a lot faster than say a toyota yaris or honda civic

lols. the CGT owned by the owner of MCL costed 600k brand new.. its worth about 400ish.. maybe less right now..

buying highend sucks. but usually the buyers for highend cars dont care about depreciation anyways..

[busdriverman]

if u have that kind of money to invest, then i would not suggest investing in a car!

[Jackygor]

^^^^

if he has that money to spend on a car, I am sure he has more in investments. Have you looked into importing one from the states?

[Mugen EvOlutioN]

lols. the CGT owned by the owner of MCL costed 600k brand new.. its worth about 400ish.. maybe less right now..

buying highend sucks. but usually the buyers for highend cars dont care about depreciation anyways..

look at ur ITR, it never depreciates lol

well barely....

[tofu1413]

lols. sticker price is 31k from richmond acura back in 2000...


used ones out there sell for 10k + regardless of mileage..


i dont know, i might end up selling mine if the offer is right.. might as well get a DC5 type S. i found a very spiffy 05' RSX-S in white for a very very nice price..

[Mugen EvOlutioN]

nice than u can join with the rest of the crew


ya ur ITR milleage is a bit up there now 200k km +

05-06 still fairly expensive while on the other hand 02-04 is worth next to nothing now

[Meowjin]

damn.. those british cars seems to depreciate insanely fast...

you think maserati's are any better?

[Harvey Specter]

Only 550km's on it as well, pretty good price but makes you wonder how much it'll drop say 6 months from now.

[tofu1413]

nice than u can join with the rest of the crew


ya ur ITR milleage is a bit up there now 200k km +

05-06 still fairly expensive while on the other hand 02-04 is worth next to nothing now

206K KMS.. :D

you think maserati's are any better?

maseratis... *shrug* hahaha. those alfas hold a decent value though.

[Tegra_Devil]

tofu
any high end car depreciates really fast.



saw an 06 S550 for sale the other day for $50g, low milleage no accident. Thats already 50% off its original price tag!


than an 04 745i for $33g 70k for $33g.

high end cars depreciate a lot faster than say a toyota yaris or honda civic

NSX?

[Mugen EvOlutioN]

i guess the rare ones dont really depreciate...as much


ITR/NSX/Supra etc

[VK79]

but usually the buyers for highend cars dont care about depreciation anyways..

Very true.

If you have 280k++ to throw into a toy, 30/40/50k depreciation per year is nothing to you.

That is unless.......... you are one of those that max your finances to the limit to look impressive/rich/baller then yeah, the depreciation would have a devastating impact on your overall finances.

[roastpuff]

you think maserati's are any better?

Have a friend selling a 04 Maserati Coupe, 38k on the clock. For $45k.

What a price drop. :rofl:

[tofu1413]

i guess the rare ones dont really depreciate...as much


ITR/NSX/Supra etc

i guess so for those cars too..

same goes for some classics, especially those older air cooled 911's... holding their value very very well.

a clean 96' 993 C4S would hold onto about 45k+ in average shape..


im surprsied those FD RX-7's arent that expensive.. maybe because of the RHD cars that came in..??

[Meowjin]

Have a friend selling a 04 Maserati Coupe, 38k on the clock. For $45k.

What a price drop. :rofl:

the clutch is probably gone though. I know in my brothers his is.

[kchan]

i guess so for those cars too..

same goes for some classics, especially those older air cooled 911's... holding their value very very well.

a clean 96' 993 C4S would hold onto about 45k+ in average shape..


im surprsied those FD RX-7's arent that expensive.. maybe because of the RHD cars that came in..??

very very true, the 993 are holding so much value

a 993 turbo would go for $80,000+, infact theres a yellow '97 993 turbo at London Motorcars for $98,800

[tofu1413]

very very true, the 993 are holding so much value

a 993 turbo would go for $80,000+, infact theres a yellow '97 993 turbo at London Motorcars for $98,800

oh. theres a customer that came in, hes selling a late 97' twin turbo..

leather roof, creme interior, dark blue exterior. absolutely every option you can get on that car. dash, everything in leather. even the knobs for the light switches and such.. O__O

24,000kms. the car is MINT.

hes selling it.. wonder if u want it? :D

[kchan]

^
i wish :D lol if he wants a straight trade ok :D ahahha

[tofu1413]

996's are dropping value like mad.. same goes for 997...

oh well, 991 is coming very very soon.


and as a tribute to the 993TT.. :

http://www.youtube.com/watch?v=8Td5b5ash0E&feature=related

http://www.youtube.com/watch?v=ds0PFIumspk&feature=related


holy balls its fast.

[dealt]

Well the reason the DBS was even considered was the fact that MSRP is approx $300,000-$330,000 and the one that is at Westport seems like a real good buy.

[NeoDestinyZ]

^mine telling us what you do?

[NNT]

Go get yourself a 997 GT3 RS, one of the exotic car that I think wont depreciate as bad as the orders.

[97ITR]

Don't forget you'll also have to pay tax on the car. So even if you sold it for the same price you bought it for, you're still out ~26K.

[Hehe]

I think DBS is a great car and I'm considering getting a DB9 from the states after my current lease expires. But as for investment, I don't think it's a great idea because exotic cars like DBS will only maintain their value (depreciate at a much slower rate) once their production stops. With more and more DBS and its variations coming out of factory, unless you get a killer deal (say 150K), I will suggest to stay away from it.