The Aston Martin Cygnet is Becoming Collectible
The £45,000 Astoyota
Now, back in 2011 the EU passed a regulation saying that all car manufacturers must meet a certain C02 average amongst all of their production cars.
And this wasn't really a problem for most of the world's supercar makers, because companies like Bugatti and Lamborghini were owned by VW Group, and they made the VW Polo. Ferrari were also alright, because Ferrari were owned by Fiat; who made the 500.
And this unfortunately created a bit of a problem, because Aston Martin was no longer owned by the Fiesta making Ford; they were independent. So, Aston were in a bit of a tricky position, because the DBS and all their other cars had big thumping fuel-thirsty engines, none of which did 35 MPG.
Aston Martin UK
Now obviously what Aston needed was a nice fuel-efficient little Econo-box, which was friendly to jolly polar bear. However, developing any new car whatsoever can be very costly, and to be honest Aston hadn't much money, so...
They bought one!
Top Gear UK
A Toyota iQ to be exact.
However, Aston couldn't simply slap on a new badge and call it a day. No, they needed to make it special. So... what they did was shed a cow onto the interior and gave the front some nice carbon hoodscoops. Oh, and tippled the price.
So essentially people were paying $40,000 for an "Aston Martin" with a tiny little 1.3 liter engine with 97 Horsepower, and some leather upholstery.
Now predictablely, the car wasn't exactly a sales success. They only managed to shift 300 of these things worldwide. 3,700 short of their goal.
That being said, I like this car. I like the fact that it's small comfortable and actually quite pretty for a tiny city car. I imagined that 6 years after production had ground to a halt these cars would be worthless, an absolute bargain.
Ther are currently 4 Aston Martin Cygents for sale on Autotrader UK for up to £45,000!!! That's £15,000 MORE than the original asking price. You could even buy a nice V8 Vantage for that money. So why in gods name is this little car gaining value, how is this brand-ruining city car becoming "collectible".
Simple, because it's rare. People would buy a dog turd from a company like Aston if they were told only 300 would ever be made. Car collectors will go nuts for anything even remotely quirky or rare. You can tell this is the case because these cars are barely driven, with some only having 6,500 miles on the clock.
People! this ain't a Ferrari Scuderia or a GT2, it's a TOYOTA. Just that, it's slow, and fantastically overpriced.
So for the love of cars, please stop.