The True Cost of Owning an Aston Martin DB9

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dudes lie we exaggerate the size of the fish we catch the size of our manliness and the mileage that our cars get we under report our age our weight and the true cost of ownership for a db9 if you're being seduced by the idea of ownership of an Aston Martin db9 you should be asking yourself what are the real true costs of owning this car the purpose of this video is to answer just that question I succumbed back in 2013 and bought this 2005 db9 coupe with just 15,000 miles on it since then I've owned it for eleven hundred and eighty days and I've driven it about thirteen thousand miles during that time I've tracked every expense in the car from the original purchase all the way down to the oil filters and the nuts and bolts I've used for the car check out asked in 1936 to calm for the full detail than how I Drive Dahl these numbers so let's start talking about the costs ask anyone what they paid for their car and they're likely going to pare it back to you the sticker price of the vehicle but to me that's not really the true price of the car now I went and I negotiated a price of 63 v for my car but that's not what I was able to drive it off the lot for I had to pay document fees for the dealer sales tax and title and registration to the state by the time I could really get it off the lot this car cost me sixty nine thousand five hundred dollars to me this is the true price of the car now our cars are constantly losing value they're depreciating so this car was worth at least a hundred and seventy thousand dollars when it was brand new and the original owners have been taken almost a hundred thousand dollar loss of depreciation value over the eight years they had it before I purchased the car so all cars have depreciation but luxury performance cars have it the worst so it's this depreciation of the car that's making it possible for people like you and me to actually be able to afford this vehicle now the original owner took the big hit but now we can go and buy these cars for what's a more reasonable price now if you're thinking this is a great investment my car is going to be worth more it takes 25 to 30 years for cars to start to go up in value again so that means that around 2030 my db9 should start to go you should start to appreciate in the meantime I think we need to include the depreciation as part of our true cost of ownership now all we need to do to figure out our true costs our depreciation value for today is to figure out what the car is worth today so if I was to turn around and sell my car and what could I actually get for it so I went out to auto trader cars.com eBay I looked at the actual sold values of vehicles not what people were asking but what people were actually getting for their cars and I can probably realistically get somewhere between 42 and 45 thousand dollars for my car today so that makes the math pretty easy I paid 69 five for the car I can get 42 for the car so that means I've taken a twenty seven and a half thousand dollar depreciation hit in the three years I've owned the car so if you break that twenty seven and a half thousand dollars down that works out to twenty three dollars per day I've owned the vehicle and depreciation or two dollars and nine cents per mile driven this is the single greatest cost in the true ownership cost of this car now if you never plan on selling the car no worries all cars need routine maintenance and a db9 is no different typically a db9 is serviced on either a one-year or a two-year service regime both of which I have detailed up on Aston 1936 comm now they certainly are as inexpensive as a Toyota Corolla but they are probably pretty comparable to something like a Porsche Audi or Mercedes annual service routines so this is certainly an area where you can save some money by you know coming in and changing the oil yourself and that's what this blog is all about is showing you how you can do these routine simple service steps so all in for me over the three years I've owned it so far I've spent about $1,600 that works out to about a dollar thirty five per day or just twelve cents per mile driven driving your car where is it at wear and tear is a normal part of all of our cars usage so things like the tires and the brakes and even the periodic replacement of the batteries I think and our wear and tear so on my car since I got it I put on one set of tires I've done the brakes once and I've had to replace my battery once now my tires are starting to get a little thin I expect this fall I'm going to have to replace them before the rainy season so I'm probably going to get four years on a set of tires and brakes that's not too bad that's actually comparable to most performance cars I think so all in I think I'm about $3,500 in on wear and tear that works out to two dollars and 94 cents per day I've owned the car or 27 cents per mile driven so this is the scary thing unscheduled maintenance everybody on warns it's somebody buying a car like this hey if you ever blow an engine man that's $30,000 which is true but you know I'm an avid reader of forums and engines and Aston Martin db9 is rarely blow up but this is a hand-built British car you need to expect some weird stuff to happen and then when it does use this channel on YouTube and Aston 19:36 calm to resolve some of those things but when you get a hard issue and inevitably you're going to need to take your car to the dealership now dealers are very expensive there's nothing more depressing than walking out to your car and looking underneath and seeing oil drips now this has happened to me twice both the times it was well known and common issue that happens to the db9 the first one that happened to me is my transmission oil cooler lines where they tie on to the now the oil cooler itself they're elite forms there and you get a drip that starts to appear a little bit further back underneath so that took a couple thousand bucks to fix at the dealer the second leak I had was at the front engine timing cover now the good news that gave me was that they no longer needed to pull the engine to fix this particular leak the bad news was is it took fifteen hours at the dealership to fix this thing and cost about five thousand dollars so my wife has now named my car princess piddles I have no more comments on that particular issue so I'm about $9,000 in unscheduled repairs and maintenance to this car that works out to about seven dollars and fifty cents per day or sixty eight cents per mile driven there are some costs on all cars that we just can't avoid fuel insurance title and registration those are all things we basically have to pay for so in my car I was able to work out my actual fuel mileage from the data this thing got eleven miles per gallon so thank you to all the Prius owners out there in the world saving the fuel for us db9 owners it's a v12 what can I say the other thing is insurance and the insurance on these cars aren't cheap but insurance isn't cheap on any performance car the companies know how damn expensive these things are to repair so I pay about $2,000 per year to insure this car I'm a 50 year old perfect driving record house discount that's as cheap as I can get it so it's not because I'm a crazy you know out on the road and of course we all have to give a piece to the government so I have the annual survey or annual tax and title registration stuff here in California that's not really any different than any other car if you take all those costs and put them together it totals up to about twelve dollars and forty three cents per day owned or at one dollar and twelve cents per mile driven so for me there were a few other expenses I wanted to include not all of them might up might apply to you so one of the things that us Aston Martin owners like to do is we like to keep our cars shiny so you may have some expenses for soap and microfiber towels and wash mitts or maybe you've got expenses with a detailer I use kind of a combination of both so I've included those in my calculations if you're going to do some of the maintenance of yourself you may end up going up and buying some specialty tools I spent some money and bought a and obd2 reader to be able to talk to the car so you should include any expenses for tools that you have like jack stands or something you have to go and get then I also wanted to meet other like-minded owners so I joined the aston martin owners club the AAA moc and i've gone to some of their gatherings and i go to the track day they host every year so that's been a lot of fun my sweetie and I go so all-in it's about $3,600 over the three years I've owned the car that works out to about three dollars per day or twenty-eight cents per mile driven so what does this all total up to all-in well $50 per day owned not just some days not just the days I drove it every single day of ownership has cost me $50 another way to look at that as it's worked out to about four dollars and 52 cents per mile driven or about $18,000 per year that I've had her so far now remember about 50% of that total is depreciation and you can choose to include that or not in your own mental calculation unscheduled maintenance and insurance are about 15% each and everything else combined is the remaining 20% all cars cost money I've done the exact same detailed analysis on my last new car which was a 2009 Acura TL all-wheel drive with tech package you can check out asked in 1936 calm to see the details of that but I wanted to point out the massive amount of depreciation my new car took which is typical of all new cars 62% of value went away in the first five years since I bought it new now one of the reasons people go and buy new cars is so that they don't have to worry about unscheduled maintenance and some of the wear and tear expenses I sold my car just before I needed to do any of the tires or brakes right it's sort of the five-year mark so I spent zero not uh not even a dime on unscheduled maintenance or wear and tear so including depreciation this worked out to be all total for my acura $22 per day owned and at just a dollar fifty two per mile driven that also works out to about eight thousand dollars per year now my acura got seventeen miles per gallon remember it was a three hundred and seven horsepower all-wheel drive car so what can you conclude well I use db9 cost more to operate than a new modern car no big surprise there I'm often asked if I would buy the same car again after living with this one for the last three years well yes but I think you have an opportunity to maybe learn from my experiences and even do a little bit better one of the things that I don't think that matters that much is the mileage a 3k car versus a 15k car versus an 18k car I don't think it's worth another $10,000 to knock up just a few miles off the car so as long as it's sort of you know twenty thousand miles or less I think you're getting a great deal I would also suggest looking for a full detailed service history not just the stamps in the back of the book that say the car was serviced but I'm talking about the actual detailed invoices from the shop that say exactly what steps they performed the reason you want this is so that you can tell if the common ailments for a db9 have actually been done on somebody else's dime another thing regarding service history is you want one that was fully serviced by a real aston martin dealer during the warranty period not somebody that was a do-it-yourselfer or a specialist the reason for this is theirs recall notices there's field service bulletins that come out could say fix these certain things if you're out at a DIY or a specialist they may not know about those things so they aren't fixed if there was dealer service all of that would have been addressed for free and your car is probably going to be just a little bit better off condition with those things all fixed up now I would probably say avoid the oh four through oh six cars and go out and get yourself a 2007 my reason for this is that by 2007 if you look at all the field service bulletins that have come out most of the early issues are already all addressed and the car is pretty solid by 2007 in addition to all the niggles being worked out they've also made most of the options on the early cars were now standard on the 2007 so you get more features and less problems so that's probably worth maybe the extra ten thousand dollars it'll take to purchase a no7 now you might also want to consider getting an optional bumper-to-bumper warranty if you're buying your pre-owned car from an aston martin dealership so maybe that warranty costs about three thousand dollars but if you had eight thousand dollars of unscheduled repairs during that first year like I did with my two oil leaks those things would have been covered so it would have saved you about five grand so anyways you might want to consider bumper-to-bumper aston warranty in conclusion though if you're contemplating buying $100,000 Porsche 911 out of your Mercedes maybe consider this in the first three years you own that car you're probably going to take more than $40,000 hit on depreciation alone now the depreciation and unscheduled service for my db9 was less than that and if you consider that all the other expenses like fuel and insurance and registration are all going to be comparably the same why not go out and get yourself a db9 so go ahead make the leap I heartily suggest it and when the niggle of the pier and they will please come back to asked in 1936 calm and maybe I can help you with a solution or two and besides when you go and get into your car does it sound like this [Applause]
Info
Channel: Aston1936
Views: 699,587
Rating: 4.7158117 out of 5
Keywords: Aston Martin DB9 (Automobile Model)
Id: maNB5zk2dCA
Channel Id: undefined
Length: 15min 51sec (951 seconds)
Published: Sun Apr 16 2017
Reddit Comments

Watched the whole thing, great video

👍︎︎ 5 👤︎︎ u/0oval0 📅︎︎ Sep 05 2018 🗫︎ replies

That's a beautiful paint job.

👍︎︎ 3 👤︎︎ u/StaniX 📅︎︎ Sep 05 2018 🗫︎ replies

i kno what y'all were thinking when he said bumper to bumper warranty

👍︎︎ 2 👤︎︎ u/Someonefromnowhere19 📅︎︎ Sep 05 2018 🗫︎ replies

The true cost is being forced to wear those shoes.

👍︎︎ 1 👤︎︎ u/TrashPanda4Prez 📅︎︎ Sep 07 2018 🗫︎ replies
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