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Depreciation can sometimes be your friend, and as long as you weren't the first owner of these cars, here are seven prime examples.
We and our members talk so much about values these days. What’s a good buy, where is a safe place for your money, what cars have gone up in value? Well, today, we’re doing the opposite. We’re looking at cars that financially assaulted their first owners but now represent an irresistible bargain for you.
We have a half-price AMG, a car that has lost 67% of its value in just 19k miles, and two Italian beauties that have set fire to nearly £50k in less than 500 miles. The stats I’ve listed are based on the UK list price, not taking into account any options, so the real story may be even more wallet-crunching.
This is just my pick of what's out there with our dealer partners right now, but I'd love you guys to share the bargains you've seen, taken advantage of, or hopefully not suffered yourselves in the WhatsApp community. Without further ado, let’s get cracking. I hope you’re ready to say “Ouch!”.
You’re likely not surprised to see an Aston Martin kicking off this list, but this isn’t any old entry-level Aston. This is a 725hp, twin-turbo V12-powered DBS Superleggera. The DBS is one of the ultimate grand tourers, and from what I’ve seen in our member chat, owners seem to love them. Despite that, initial depreciation has been absolutely savage, to the point where I imagine the first owner from 2019 is still trying to get their breath back. The plus side? You can have a stunningly specified, unbelievably powerful V12 Aston Martin for a smidge over a hundred grand!
Yep, even Ferraris are subject to some pretty hefty depreciation these days, especially the bigger grand tourers. I know the Lusso comes with a V12, but don’t sleep on the V8. I spent a week in one in the Alps a few years ago and it was such a great car. Rear-wheel drive, lighter on the front end than the V12, still super powerful and supremely comfortable for all those miles. It doesn’t have the V12’s soundtrack, but you can’t get a V12 for a hair over £100k either. Right now, these are an absolute steal.
Half price AMG anyone? With the lardy weight of the newer cars, all those big touch screens and four-wheel drive, you can sign me up for a cut price piece of proper, lairy, V8 AMG goodness. The GT C is a great halfway house between the GT S and track-focused GT R too, with 577hp, rear-wheel steering and a wider track, while keeping the supple usability of the GT S. it’s a car you could tour Europe in, use every day, or take out at 5 am on a Sunday morning for the soundtrack alone.
Have you even seen one of these on the road yet? I might have seen one in Italy, but not a Trofeo. They’re that new, and yet, this one has already shed 26% of its original value despite having travelled only 500 miles. Is it the lack of V8? Do people not want Maseratis anymore? Was it too much when new? Who knows, and obviously this is going to keep depreciating, but if a 550hp drop-top Italian you’re unlikely to see another of floats your boat, saving £45k might just seal the deal.
A big, front-engined Ferrari might not have been a surprising feature on this list, but the latest mid-engined berlinetta? For many years, the chances were that you could run a mid-engined Ferrari for a few years and get a great deal of your money back, but after just 250 miles, this 296 GTB has dropped over £45k from its original list price, and that’s without factoring in Ferrari’s notoriously painful options prices. There are cheaper 296s on the market too, but with just 250 miles on the clock and the historic Blu Pozzi paintwork, this is a stunner, and surely that depreciation curve should flatten out after that agonising initial drop.
Yep, another Maserati, but not a grand tourer. The MC20 was the brand’s first mainstream mid-engined supercar in many years and was met with very high acclaim, including from myself. Whilst I didn't find it as exciting as something naturally-aspirated, I could hardly fault the way it drives, it looks stunning, it's comfortable and usable, and it’s something a bit different. I’m not sure why, then, no one seems to have bought one, instead sticking with the Ferraris, McLarens and Lambos. The MC20 deserves more love, but the upside to the situation is you can now have one for nearly £90k off its original list price!
We’re ending with a big one. Really big. Ok, a Continental GT isn’t a supercar, but with W12 power and a chassis derived from Porsche’s Panamera, for a big girl, she can sure move. As a luxury all-rounder, it doesn’t get much better than this, and I keep looking at these figures like I’ve made a mistake. You could definitely argue it was overpriced when new, but still, can it really have lost nearly £185k in less than 20,000 miles? I’ve double and triple checked for about as long as I spent writing the rest of the article, and apparently, it’s correct!
