Should You Buy or Lease an Aston Martin?

Aston Martins are very unique vehicles, and, if you want a car that will stand out on the road without being too ostentatious, then Aston Martin is a great choice. A lot of people are torn between buying one new, leasing it, or buying a used one, however. 

All of these options have their pros and cons, and you will need to evaluate them in detail, so you don’t end up regretting your decision. You will need to look at your budget, what you want to do once you’re done with the vehicle and the perks of owning a brand new vehicle vs an older or leased one. Let’s take a look at whether buying or leasing an Aston Martin would be the best decision.

Buying New

The biggest benefit of buying a new Aston Martin is the fact that you’ll be the first and sole owner of the vehicle. This alone is enough for many people to go for this option. You’ll also get a vehicle that has a full warranty, so you won’t have to worry about major issues with the vehicle too much.

The only issue with buying a brand new Aston Martin is how fast they depreciate. A Vantage, for instance, will lose roughly 40% of its value after five years, so this is something you’ll need to think about. 

Buying Used

Your second option is to buy the car used. Buying a slightly used Aston Martin could be a great decision if you want to take advantage of the depreciation without thinking about major repairs. The depreciation rate is notoriously high on Aston Martins, and, if you wait long enough, you could get a pretty nice deal on your car. 

This may be hard to believe, but you could get a 2010 Vantage for as little as $60,000 these days. Vantages from this era were absolutely gorgeous too. So, if you want to make big savings you could look in that direction.

You have to be very careful with maintenance and repair costs, however. Older Vantages are known for having issues with the thermostat and timing belts, and they can be surprisingly expensive to fix. This is why you need to choose your model and year wisely and start looking at repair centers right now that can repair these vehicles. 

If you live in Tampa and want to start your search for an Aston Martin service Tampa, the European Exotic Center is an option. 

Leasing

Leasing combines the best part of buying a new Aston and a new one. Your monthly lease payments will be a fraction of what you’d have to pay for financing, and you will get to ride a spanking new car. Most major repairs will be covered by the warranty too.

The main issue with leasing, however, is that you will have nothing to show for it at the end of the lease. You will also have limitations imposed on you and might be disappointed if you fall in love with the vehicle and would like to keep it.

These are all things you should think about when looking for an Aston Martin. Take these points into consideration and don’t rush your decision as you will have to deal with the consequences for years to come.