My First 2007 Aston Martin V8 Vantage That Made Me $8,000
We bought our first V8 Vantage using our system for $63,000 when it was listed for sale at $78,000 thus an instant savings of $15,000. The dealer had taken horrific pics of the car and as a result was sitting for 4 months. The color while very unique was beautiful and fitting in person and the condition was spectacular.
The crazy part was that the car wasn’t super popular on the market then and yet to me was the perfect substitute to the Porsche 911. The bad pics and advertising was because the dealership was a KIA dealer and not a high line dealer.
Buying Guide Shortcuts
2006 – 2008 Aston Martin Vantage V8
MSRP NEW: $120,000
Depreciated 5 year Retail value: $45,000 – $65,000
Depreciated 5 year Auction value: $35,000 – $60,000
Average Mileage for 5 year ownership: 25,000
Good Mileage for 5 year ownership: Under 17,000
Options Preferred: 6 Speed, 2007+, Premium Audio
Purchase price: $63,000 + (3%) Tax + fees = $65,800
Financing: $65,800 / 84 Months at 1.99% = $840 per month / 0 down
Total payments: $840 X 12 months = $10,440 of actual payments made
Other expenses during 12 months:
– Maintenance: $600
– Performance Mods: $6500
Total Invested in car through the 8 months of ownership: $72,900
Sold for: $81,000
Total Profit: $8,000 / 12 months = $670 a month.
This car was more than special for many reasons. No only was it an incredible buy on the basis that I knew the car would gain popularity with the audience over time, but I also knew that the aftermarket support was weak. I knew all that and became one of the pioneers of building one of the nicest V8 Vantages on the market.
This car not only made Secret Entourage gain popularity but it helped put my business VIP Motoring on the map for me. The lesson is that by predicting the market, not only can you win by driving and getting paid, but the business connections and the networking can really boost even further.
Make sure to read our full Aston Martin V8 Vantage review and buyers guide.