Just how rare are Griffiths now ?

Just how rare are Griffiths now ?

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Discussion

lazyitus

Original Poster:

19,926 posts

267 months

Tuesday 4th December 2012
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Just wondered how many still exist here in the UK.

Was it aprox. 2100 made (c1700 500's plus the pre-cats)?

If we take in to account accident destroyed cars and cars which have been exported, could it be possible that we're down to the last 1500, or even lower, 1000 cars of this type?

And if this is case, how does this compare to Jaguar E-types for example. I think rarity will have a big bearing on future values (obviously). Just idle thoughts really..

Podie

46,630 posts

276 months

alex_gray255

6,313 posts

206 months

Tuesday 4th December 2012
quotequote all
Licensed - 837
SORN - 242

Based on 2012 figures

lazyitus

Original Poster:

19,926 posts

267 months

Tuesday 4th December 2012
quotequote all
Blimey.

Although I don't know the reliability of those web pages, it makes for interesting reading.

V8 GRF

7,294 posts

211 months

Tuesday 4th December 2012
quotequote all
It's an indication of how many are (roughly) on the road as there are large number of V5s in the DVLA dat elsewhere that only have 'TVR' as the car and nothing in the model field.

There will be cars that have been off the road before the SORN rules came into force and so will be missing, along with the cars exported from new and subsequently.

So best viewed as approximate but still not many even if you add a few hundred back in. It's interesting to see the fluctuations between summer and winter SORN and Tax in the last few years.

Podie

46,630 posts

276 months

Tuesday 4th December 2012
quotequote all
V8 GRF said:
It's an indication of how many are (roughly) on the road as there are large number of V5s in the DVLA dat elsewhere that only have 'TVR' as the car and nothing in the model field.

There will be cars that have been off the road before the SORN rules came into force and so will be missing, along with the cars exported from new and subsequently.

So best viewed as approximate but still not many even if you add a few hundred back in. It's interesting to see the fluctuations between summer and winter SORN and Tax in the last few years.
TVR "missing" - http://www.howmanyleft.co.uk/vehicle/tvr_missing

hehe

cavebloke

641 posts

228 months

Tuesday 4th December 2012
quotequote all
Podie said:
Those stats are funny - there are apparently 3 TVRs registered with sub-1L engines!

I think my Griff will fall into those "missing" stats though as (from memory) it is blank in the model section.

ETA If you look in the engine data for the "TVR Griffith" it looks like nearly all the pre-cats are missing.

Edited by cavebloke on Tuesday 4th December 17:59

5.0ltr

2,763 posts

200 months

Tuesday 4th December 2012
quotequote all
VOSA MOT figures may help? Albeit 2007.

http://www.dft.gov.uk/vosa/images/mot%20failure%20...

DonkeyApple

55,391 posts

170 months

Tuesday 4th December 2012
quotequote all
Podie said:
Don't panic. E-Types were worth less than a few sheets of used bog roll at one point before the rest of the world was told they were the greatest thing that ever existed and that they must buy one immediately. wink

There will be a weird and illogical moment in time when people who have never heard of TVR and couldn't tollerate the experience of driving one will suddenly wake up one morning and have to own one.

I genuinely think that in 'x' years time it will be the Griff that becomes the must own chattel for people who were never there when it was most cool to own such a car.

Simpo Two

85,504 posts

266 months

Wednesday 5th December 2012
quotequote all
DonkeyApple said:
Don't panic. E-Types were worth less than a few sheets of used bog roll at one point before the rest of the world was told they were the greatest thing that ever existed and that they must buy one immediately. wink

There will be a weird and illogical moment in time when people who have never heard of TVR and couldn't tollerate the experience of driving one will suddenly wake up one morning and have to own one.
You can't compare them. An E-Type is made of metal and comes from a long line of Jaguars. Jaguar is a respected manufacturer with many decades of history and proud of its heritage.

A Griffith is made of plastic and was a one-off design scoop. TVR is not a particularly respected manufacturer in the big scheme of things (sorry guys but it's not), and has ceased trading, and actively destroyed its heritage.

Everyone knows what an E-Type is; surprisingly few people know what a Griffith is. 'What, a Griffin?'

DonkeyApple

55,391 posts

170 months

Wednesday 5th December 2012
quotequote all
Simpo Two said:
DonkeyApple said:
Don't panic. E-Types were worth less than a few sheets of used bog roll at one point before the rest of the world was told they were the greatest thing that ever existed and that they must buy one immediately. wink

There will be a weird and illogical moment in time when people who have never heard of TVR and couldn't tollerate the experience of driving one will suddenly wake up one morning and have to own one.
You can't compare them. An E-Type is made of metal and comes from a long line of Jaguars. Jaguar is a respected manufacturer with many decades of history and proud of its heritage.

A Griffith is made of plastic and was a one-off design scoop. TVR is not a particularly respected manufacturer in the big scheme of things (sorry guys but it's not), and has ceased trading, and actively destroyed its heritage.

Everyone knows what an E-Type is; surprisingly few people know what a Griffith is. 'What, a Griffin?'
Of course you can compare them, just as you can compare any classic car. You can compare the Etype or the Griffith to the Austin Allegro or any car in such a bracket. The formula for classic car values is pretty much the same for every car, it is just the variables that are different, that's all.

All that is happening in my post is a highlight of the very elementary price and demand processes over time for a classic car in the context of the two models mentioned by the OP. I've made no price comparisons at all, or made any argument as to the key variables.

What you mention in your post are the 'variables' that help define the end result of the formula, whereas I did not touch on this and merely mentioned the very basics of the formula. wink

Simpo Two

85,504 posts

266 months

Wednesday 5th December 2012
quotequote all
It was really an additional comment rather than a contradiction... you can compare a piece of chalk to a piece of cheese, but chalk on toast is not so tasty smile

Griffs are certainly rare and more desirable than many cars, and TVR punched above their weight, BUT they will never be in the same league as Jaguar, Ferrari, Aston and other marques.

We also have to decide what 'classic' really means. If an Allegro is a classic car then surely just about every other car must be as well. A concours Allegro is interesting but not a classic in my book.

cavebloke

641 posts

228 months

Wednesday 5th December 2012
quotequote all
I think this is an interesting argument and one that there's no solid answer for (like all the best arguments).

Perhaps TVR is more like Austin Healey in that respect - attractive British sportscars with big engines, Le Mans history (although not specific to the Griff) and a now defunct brand.

Values are funny things and I'm glad the Griff is currently cheap as otherwise I couldn't have afforded one. Hopefully not too many have been bought as investments and owners can sit back and enjoy an underappreciated future classic.

One did appear in the Goodwood Revival British sportscar concours so some people clearly agree with us and think it's a classic design.

tbdgriff500

1,647 posts

204 months

Wednesday 5th December 2012
quotequote all
where does an original griff fit in?
tvr
plastic
some are fetching around 100k. not bad for a relatively unknown classic!!

Sardonicus

18,962 posts

222 months

Wednesday 5th December 2012
quotequote all
tbdgriff500 said:
where does an original griff fit in?
tvr
plastic
some are fetching around 100k. not bad for a relatively unknown classic!!
If someone is paying over 50k never mind a 100k then they are a TIT rolleyes however they are a stunning looking car and compared to the Chimaera they are the bad boy on the block IMO thumbup

LukeSi

5,753 posts

162 months

Wednesday 5th December 2012
quotequote all
Podie said:
V8 GRF said:
It's an indication of how many are (roughly) on the road as there are large number of V5s in the DVLA dat elsewhere that only have 'TVR' as the car and nothing in the model field.

There will be cars that have been off the road before the SORN rules came into force and so will be missing, along with the cars exported from new and subsequently.

So best viewed as approximate but still not many even if you add a few hundred back in. It's interesting to see the fluctuations between summer and winter SORN and Tax in the last few years.
TVR "missing" - http://www.howmanyleft.co.uk/vehicle/tvr_missing

hehe
So basically in 1992 TVR said "fk it" and didn't even bother registering the cars properly hehe

V8 GRF

7,294 posts

211 months

Wednesday 5th December 2012
quotequote all
Sardonicus said:
tbdgriff500 said:
where does an original griff fit in?
tvr
plastic
some are fetching around 100k. not bad for a relatively unknown classic!!
If someone is paying over 50k never mind a 100k then they are a TIT rolleyes however they are a stunning looking car and compared to the Chimaera they are the bad boy on the block IMO thumbup
You're missing the point.

Griffith's have been beating E-types and Cobras in Classic and 'Gentlemans' race series.

Cost of said E-Types and Cobras circa £1million.
Cost of said Griffiths once 'breathed on' circa £100k

So a saving iro £900k - £800k but still giving the other marques a kicking.

That's the reasoning behind such seemingly ridiculous prices and why heaps of junk are suddenly fetching good money and getting new identities.

FlipFlopGriff

7,144 posts

248 months

Wednesday 5th December 2012
quotequote all
Over 73,000 E-types built and 2,500 (ish) Griffs makes them a rare beast. There must be a good few overseas now which won't get picked up in any DVLA type search.
Have you seen the price of the sporting Mk2 Escorts? I sold my Harrier in 1990 for £1,300 and it was a good 'un.
FFG

Sardonicus

18,962 posts

222 months

Wednesday 5th December 2012
quotequote all
Yeh, I agree FFG some of this classic stuff is horrendously expensive eek Fords at the moment are out of control in my opinion for what you are actually getting for your money i.e low power and crap brakes and rust if used all year round rolleyes

Doc Toad

490 posts

151 months

Wednesday 5th December 2012
quotequote all
....Escort Harrier - I haven't heard that one for a lot of years! If you couldn't afford an RS2000 buy a1600 Sport. Just when you'd taken delivery out comes the Harrier with all the good bits on you were missing!

That must be a seriously rare car by now?