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Prices Paid: Buying & Leasing Experiences Aston Martin V8 Vantage Prices Paid and Buying Experience
30 messages, Last post on Apr 02, 2008 at 5:56 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: myfootnotes (Jan 14, 2008 1:32 pm) AND THEIR USED CAR INVENTORY WAS SMALLER THAN THEIR LEFT OVER LAST MODEL YEAR CARS IN THE GARAGE. WHAT GIVES? 
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Last year Aston Martin had a drive event on a nice dealership in West Palm Beach South Florida. The marketing was successful, and the personnel were very helpful. The negotiations were very low key and low pressure. The price for a left over '06 was around 110,000 An '07 was fetching $114,900 for the coupe; $130,000 for the cabrio. No lease opportunity. Has anyone had a chance to negotiate a short term closed end lease with no balloon payment???
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I got my V8 in July 2006 and paid full sticker; at that time there were some resales at above sticker. It seems that right now, cars like mine (4000 miles, all options) are going for about $90k, about 25% less than original cost. Last year, my dealer offered me a new roadster at $10k off MSRP. He indicated that the cars were moving slowly and that Aston had allowed them to rebate the advertising allowance. Of course, I live in the midwest and exotics are uncommon around here. This may be the reason for the prices. I have a new Lexus LF-A on order and will keep the AM until it arrives; if ever, I have been waiting for six months for word on when it will go on sale. |
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Replying to: myfootnotes (Jan 14, 2008 1:58 pm) |
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Replying to: kyfdx (Oct 02, 2007 8:01 am)
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Replying to: vrr1 (Feb 02, 2008 4:50 am) The comment about lemons on ebay is not true, some of the sellers are AM dealers. In any case, the reason for the glut of 2007 Astons in dealers is that the factory unloaded the inventory before the change in ownership on January 1. Because of the glut, Aston has cancelled all dealer stock builds for the first quarter. Dealers are choking in cars and now is a very good time to buy. You can get a new Aston (07) for the price that used ones are being offered on ebay. BTW, used Astons in dealer stock are very rare. Most owners are keeping their cars and, it appears, those that are not are also not very realistic regarding resale prices. |
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As for used cars: manufacturer "buyback" cars must have their title branded as such in most states, and will show up in a Carfax check. Many Aston dealers advertise their cars on ebay, autotrader, cars.com etc. . Most Aston dealers I have visited recently (CT, NY, MD, CA, NC, FL) are overstocked with new '07's and '08's built prior to closing the sale of AM from Ford to Prodrive/etc. I've seen '07 coupes with some miles (exec use or demos) as low as $98k, and dealers are diiscounting new cars as well. The most interesting color schemes were found in CT and CA. Its a great time to buy... I got a very good deal in So Cal on an '08 roadster. 
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Replying to: 200mph (Mar 06, 2008 7:03 am)
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Replying to: steel23 (Mar 07, 2008 11:54 am)  Speaking of excess inventory. Aston has come up with a factory lease program for 07 Vantage. The car I am getting a quote on MSRP at about 125k. Lease deal is as follows: 36mth lease 1900 security deposit, 695 acquistion fee 1900/month 7500 miles per year residual 53000 I wish the residual is higher and the monthly payment lower. But considering it's an Aston it's not too bad at all. Equivalent to a approx 3.3% money rate. Better than a home equity loan plus you get the option to walk away (or not) after three years. Where the economy stands it's nice to leave the cash in the bank. I was going to buy one outright. Good thing I waited. Hope to pick mine up next weekend. 
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