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A high-priced luxury sports car packed with options plummeted in value after less than 500 miles and just two ownership changes
https://www.carscoops.com/author/bradcarscoops-com/
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- This Aston was ordered with more than $40,000 worth of options from the factory.
- Driving the DB11 is a 5.2-liter twin-turbocharged V12 with 630 hp and 516 lb-ft.
- Last year, the same car traded hands for $190,000 despite only being a year old.
Not too long ago, this 2023 Aston Martin DB11 had an eye-watering sticker price of $276,786. Fast forward a couple of years and its value has plummeted. In fact, earlier this week, the same sports car traded hands for just $174,000, despite the fact that it has been driven a mere 497 miles (800 km).
A Rapid Decline
The biggest financial blow landed on the original owner, who watched $86,786 vanish after driving the car just 290 miles. The second owner fared slightly better, but still walked away with a $16,000 loss after adding only 207 miles. This extraordinary amount of depreciation just goes to show that if you want a sports car or GT that will at least somewhat hold its value, buying an Aston Martin probably isn’t the smartest idea.
More: Lotus’ New Six-Figure Sports Car Got A Reality Check At Auction
The window sticker tells part of the story. While the DB11’s base MSRP stood at $232,500, this particular example was optioned heavily, pushing the final figure well beyond that. Highlights include a $9,000 Bang & Olufsen BeoSound audio system, $1,600 for black Aston Martin badges, $1,600 for ventilated front seats, $3,200 for 20-inch black wheels, $1,200 smoked taillights, and over $10,000 worth of interior trim upgrades, including $2,100 of piano black detailing.
Adorning the exterior is a shade called China Grey, which works well alongside the various black accents. Overall, it’s a fairly conservative spec and one would have presumed this would help it to avoid disastrous levels of depreciation. Obviously, that didn’t happen.
Bring a Trailer
A look at the Bring a Trailer auction shows that most of the depreciation was done during the first year. In July 2024, the car was sold with 290 miles (467 km) on the clock for $190,000, a massive decline of $86,786 in just over one year.
Read: New Aston Martin DB12 Volante Is A Topless Temptation With A 671-HP V8
No doubt contributing to the falling value of the car is that the DB11 was, in mid-2023, replaced by the DB12 which benefits from more power, an updated design, and a much more modern interior.
However, this isn’t to say the DB11 isn’t impressive in its own right. It is powered by a twin-turbocharged 5.2-liter V12 engine producing 630 hp and 516 lb-ft (700 Nm) of torque that’s mated to an eight-speed automatic transmission driving the rear wheels.
Bring a Trailer
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