Price when new (2003-2004): $ 353,000 – 400,000
Price now (May 2014): $ 120,000 +
For some unknown reason I have had this faint idea in the back of mind that someday I will be driving around in an all wheel drive Bentley Continental GT. Wishful thinking I hear you say, and I dare say you are right. The thing is I would probably plump for an Aston if I had that amount of dosh, something like $400-500,000 in today’s market, so it has always been a questionable dream for me. Why the Bentley? It ticks all the boxes of course. It’s beautifully made, looks a million dollars, has an extremely powerful engine and is superbly fast. But it’s not an Aston.
Back in 2003 when it was introduced, it was the first ever Bentley to use mass produced parts. Though much of it was still hand built, the marque’s new owners, VW, forced the brand to use the same platform as its wonderful Phaeton and share its brand spanking new 6 litre twin turbo W12 engine. Because of this, Bentley took more orders for its new car than any other it had ever built and has since gone on to be its biggest seller globally. It is perhaps because of the numbers sold that resale values plummeted and today in the UK you can get hold of a 2004 built model for as little as £25-30,000. Here in Australia, it is not quite as rosy, mainly because the car was sold at astronomically inflated prices in the first place, much like other high end makes and a practice I have whined about on this site before.
However, we weren’t immune from the depreciation issue and so the price you can get a GT for now is almost within our grasp, that is if you are a company director and have a company car budget that would get you a high spec Merc or Bimmer. So, consider this Mr. MD, or CEO, why bother getting a car that everyone is driving around in, when say, for $130-150,000, you can now get a 2004 or 2005 Continental GT with around 40,000 on the clock. Yes it’s second hand, but you’d be hard pressed to tell the difference alongside a new one, and who in their right mind would have spent over a third of a million bucks and not look after it properly? The car is essentially brand new!
Aha, I hear you say, think of the costs and how much of a money pit it will be. Utter tosh, I would reply, the car has a reputation for being over-engineered and almost nothing has been known to go wrong with them. I say almost nothing, because there a few little issues, but as you can read under the Research category, these tend to be sensor or electrical issues, and very minor ones at that. There will always be one owner out there who will moan, but look around the forums and you will notice that at least 85% of buyers have been utterly, ecstatically happy with their purchase. Even those who bought second hand.
As with any second hand car, super or not, if it is not maintained regularly then you are asking for trouble. Yes a Bentley will cost more to service than a BMW. Yes a part, however innocuous, will astound you with its price, though not quite as eye watering as a Lamborghini or Ferrari, thanks largely to the mass production, and because of the size of the engine and the lack of space under the bonnet, even a spark plug change can mean that the engine has to come out of its bay. And yes, you will be visiting the gas station more than you’d like.
The good news however is that there are no belts to worry about with this engine. The lack of kilometres driven even for an 8 year old car mean it is still within warranty, and if it is not, you can purchase an extra 1, 2 or 3 years from Bentley for peace of mind.
So perhaps my whimsical dreams are not so whimsical. Perhaps its because they are so much cheaper than I thought, so much more within reach, that I could actually be driving around in one. Perhaps that is why my brain has singled the Conti GT out. Perhaps someone will offer me the stewardship of a fortune 500 company and a car allowance to boot. Perhaps …
Engine – 6 litre Twin Turbo W12
Power – 423 kW; 567 bhp
Top Speed – 317 km/h / 197 mph
0-100 km/h – 4.4 seconds
Fuel Consumption – av. 14 L/100 km (but you’d be driving like your Gran)
Price – 2004 model with 40,000kms – $120,000 +
Research – http://wp.me/p3rCxt-kk