Aston Martin’s Valkyrie Servicing to Cost Owners Close to $450,000 Over Three Years
Owners of the extravagant Valkyrie supercar could face servicing costs of close to $450,000 over three years, adding to the challenges for wealthy car enthusiasts who have already endured lengthy delays in receiving their vehicles. Those who don’t opt for the British luxury-car maker’s servicing risk voiding their warranties. The eye-watering charges are raising eyebrows, but could help Aston Martin boost its revenue as it grapples with a massive debt pile.
According to a customer email seen and verified by Bloomberg News, owners have the option to choose a slightly cheaper service plan, which brings down the cost to $340,000 over three years. However, the costs still remain significantly high, raising concerns among potential owners.
An Aston Martin spokesman indicated that more affordable options are available depending on how a customer plans to use the car, without providing further details due to company policy. The car requires motor-sport engineers to maintain it, and the costs are said to be in line with service charges for other hypercars.
The Valkyrie, being a limited edition vehicle, has been a significant revenue booster for Aston Martin, with the company reporting the delivery of 67 Valkyries to customers in the first three quarters of 2023. The model, designed like a Formula 1 race car, has faced repeated delays due to issues with electronics, but has continued to be a key source of income for the luxury carmaker.
Despite the high servicing costs, the Valkyrie has proven to be a lucrative investment for Aston Martin. The company has limited the model to 150 coupes, 85 open-top Spider versions, and 40 of the track-only AMR Pro variant. Bloomberg Intelligence estimated in 2021 that a single Valkyrie sale makes the same earnings contribution as 21 of Aston Martin’s Vantage V8 models.
The launch of the Valkyrie has faced repeated delays as the carmaker worked to resolve electronics issues, testing the patience of high-end car enthusiasts who have had to wait years for their vehicles. The model, being one of the world’s most expensive road cars, is capable of generating the necessary amount of downforce to enable fast track driving, especially around corners and bends.
In summary, the extravagant Valkyrie supercar is set to cost its owners close to $450,000 over three years for servicing, further testing wealthy car enthusiasts who have faced significant delays in receiving their vehicles. Despite the exorbitant costs, the limited edition Valkyrie continues to be a key revenue booster for Aston Martin, proving to be a lucrative investment for the luxury carmaker.
Published on 23 Feb 2024, 15:51 PM IST
