Should I haggle when buying a sports car such as an Aston Martin DB9 or Ferrari California?

Having read the interview in last weekend's Daily Telegraph I was surprised to read you have already spent 18 years offering your services to readers of the Daily Telegraph, and I hope you will continue to do so for many years, because with a world becoming ever more complicated, your advice is more needed than ever hence this email.

In your interview you said one should haggle; I wonder would this also be possible when one intends to buy a used Ferrari or Aston Martin? If so, by how much, as I intend to purchase a sports car in the UK. Also I would appreciate your advice and opinion of the following in terms of usability, reliability and residuals: Aston Martin DBS and DB9, and Ferrari 575M and California, and which would you recommend?

Asked on 12 January 2012 by DS, Taegerwilen, Switzerland

Answered by Honest John
Depending on whether you are buying a relatively new Ferrari/Aston, or an older one for investment there is massive room to manoeuvre. Among the classics, don't ever believe anything you read. A car may be reported as sold for a mind-boggling amount, but this can simply be to hype the investment market and attract investors into paying colossal amounts at auction. Ferrari 250GTOs and 250 Californias are two cases in point.

Currently, Ferrari F550s and F575s have bottomed out and are on the rise. DK Engineering can advise. If buying a newer prestige sports car, then everything is negotiable. Or you go to which is the best way to pay the right prevailing price for a car without being hyped and ripped off.
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