No-one wants to buy Tuscans any more?!
Discussion
sixor8 said:
glow worm said:
I notice a Tuscan Convertible has just been advertised for £47,750 @ 27.5k miles , not bad when it was bought for £31,000 @ 15.5k miles 12 years ago ... a nearly £17k INCREASE in 12 years would not be achieved on many modern cars
£31k in 2001 would be more like £66k plus allowing for inflation though. The last Griffs were about £40k I think, new, so how old would a Tuscan Convertible have been to be £31k?glow worm said:
sixor8 said:
glow worm said:
I notice a Tuscan Convertible has just been advertised for £47,750 @ 27.5k miles , not bad when it was bought for £31,000 @ 15.5k miles 12 years ago ... a nearly £17k INCREASE in 12 years would not be achieved on many modern cars
£31k in 2001 would be more like £66k plus allowing for inflation though. The last Griffs were about £40k I think, new, so how old would a Tuscan Convertible have been to be £31k?TVR prices were lower 10-15 years ago. 10+ years of a stable low-interest rate economy has helped increase their value.
I was offered a Sagaris for £36,000 back in 2013. Genuine offer.
Prices around when that Tuscan convertible was bought for £31k were suffering from the hangover of the 2008 financial crash.
Since they have risen steadily with time, and some models have risen more than others, particxlaurly rare and low mileage examples.
Suddenly in 2022-23 we have massive increases in interest rates, considerable inflation, cost of living gong throuhg the roof, loads of uncertainty.
Yes, there will always be people with money. But there are far more people out there now without it.
I think what we are seeing is more people holding off a major, non-essential purchase, enough to make the market look flatter than it has been for a while.
Yes, I agree with the new owner who raved about this Tuscan. They are fantastic cars.
I was offered a Sagaris for £36,000 back in 2013. Genuine offer.
Prices around when that Tuscan convertible was bought for £31k were suffering from the hangover of the 2008 financial crash.
Since they have risen steadily with time, and some models have risen more than others, particxlaurly rare and low mileage examples.
Suddenly in 2022-23 we have massive increases in interest rates, considerable inflation, cost of living gong throuhg the roof, loads of uncertainty.
Yes, there will always be people with money. But there are far more people out there now without it.
I think what we are seeing is more people holding off a major, non-essential purchase, enough to make the market look flatter than it has been for a while.
Yes, I agree with the new owner who raved about this Tuscan. They are fantastic cars.
sixor8 said:
glow worm said:
sixor8 said:
glow worm said:
I notice a Tuscan Convertible has just been advertised for £47,750 @ 27.5k miles , not bad when it was bought for £31,000 @ 15.5k miles 12 years ago ... a nearly £17k INCREASE in 12 years would not be achieved on many modern cars
£31k in 2001 would be more like £66k plus allowing for inflation though. The last Griffs were about £40k I think, new, so how old would a Tuscan Convertible have been to be £31k?The 1st Tuscan Convertible was only available from September 2005 onwards
Of course my 2006 price is correct .. I put the price list here ...https://www.pistonheads.com/gassing/topic.asp?t=1229746
Edited by glow worm on Tuesday 19th September 15:44
QBee said:
TVR prices were lower 10-15 years ago. 10+ years of a stable low-interest rate economy has helped increase their value.
I was offered a Sagaris for £36,000 back in 2013. Genuine offer.
Prices around when that Tuscan convertible was bought for £31k were suffering from the hangover of the 2008 financial crash.
Since they have risen steadily with time, and some models have risen more than others, particxlaurly rare and low mileage examples.
Suddenly in 2022-23 we have massive increases in interest rates, considerable inflation, cost of living gong throuhg the roof, loads of uncertainty.
Yes, there will always be people with money. But there are far more people out there now without it.
I think what we are seeing is more people holding off a major, non-essential purchase, enough to make the market look flatter than it has been for a while.
Yes, I agree with the new owner who raved about this Tuscan. They are fantastic cars.
In addition to the Financial crisis ,TVR prices took a big hit when the company went into Administration . It took a few years for confidence in the support chains to be established ... TVR Power(as it was before Performance), Racing Green, S&D , Trim shops , new dealer network etc. I was offered a Sagaris for £36,000 back in 2013. Genuine offer.
Prices around when that Tuscan convertible was bought for £31k were suffering from the hangover of the 2008 financial crash.
Since they have risen steadily with time, and some models have risen more than others, particxlaurly rare and low mileage examples.
Suddenly in 2022-23 we have massive increases in interest rates, considerable inflation, cost of living gong throuhg the roof, loads of uncertainty.
Yes, there will always be people with money. But there are far more people out there now without it.
I think what we are seeing is more people holding off a major, non-essential purchase, enough to make the market look flatter than it has been for a while.
Yes, I agree with the new owner who raved about this Tuscan. They are fantastic cars.
Autumn has always been a bad time to sell a TVR and I think people will be waiting to see what their Energy bills will be this Winter , especially if we have a cold spell .
I can remember main TVR dealers selling brand new Tuscans and Sags for £40k .
Edited by glow worm on Tuesday 19th September 15:49
glow worm said:
QBee said:
TVR prices were lower 10-15 years ago. 10+ years of a stable low-interest rate economy has helped increase their value.
I was offered a Sagaris for £36,000 back in 2013. Genuine offer.
Prices around when that Tuscan convertible was bought for £31k were suffering from the hangover of the 2008 financial crash.
Since they have risen steadily with time, and some models have risen more than others, particxlaurly rare and low mileage examples.
Suddenly in 2022-23 we have massive increases in interest rates, considerable inflation, cost of living gong throuhg the roof, loads of uncertainty.
Yes, there will always be people with money. But there are far more people out there now without it.
I think what we are seeing is more people holding off a major, non-essential purchase, enough to make the market look flatter than it has been for a while.
Yes, I agree with the new owner who raved about this Tuscan. They are fantastic cars.
In addition to the Financial crisis ,TVR prices took a big hit when the company went into Administration . It took a few years for confidence in the support chains to be established ... TVR Power(as it was before Performance), Racing Green, S&D , Trim shops , new dealer network etc. I was offered a Sagaris for £36,000 back in 2013. Genuine offer.
Prices around when that Tuscan convertible was bought for £31k were suffering from the hangover of the 2008 financial crash.
Since they have risen steadily with time, and some models have risen more than others, particxlaurly rare and low mileage examples.
Suddenly in 2022-23 we have massive increases in interest rates, considerable inflation, cost of living gong throuhg the roof, loads of uncertainty.
Yes, there will always be people with money. But there are far more people out there now without it.
I think what we are seeing is more people holding off a major, non-essential purchase, enough to make the market look flatter than it has been for a while.
Yes, I agree with the new owner who raved about this Tuscan. They are fantastic cars.
Autumn has always been a bad time to sell a TVR and I think people will be waiting to see what their Energy bills will be this Winter , especially if we have a cold spell .
I can remember main TVR dealers selling brand new Tuscans and Sags for £40k .
Edited by glow worm on Tuesday 19th September 15:49
glow worm said:
??? You brought 2001 into the post ... I don't know what 2001 has to do with it ???
The 1st Tuscan Convertible was only available from September 2005 onwards
Of course my 2006 price is correct .. I put the price list here ...https://www.pistonheads.com/gassing/topic.asp?t=1229746
Sorry for apologising then........ I had taken 12 from 2023 and come up with the year 2001 in my original post about values. Calm down... The 1st Tuscan Convertible was only available from September 2005 onwards
Of course my 2006 price is correct .. I put the price list here ...https://www.pistonheads.com/gassing/topic.asp?t=1229746
Edited by glow worm on Tuesday 19th September 15:44
sixor8 said:
glow worm said:
??? You brought 2001 into the post ... I don't know what 2001 has to do with it ???
The 1st Tuscan Convertible was only available from September 2005 onwards
Of course my 2006 price is correct .. I put the price list here ...https://www.pistonheads.com/gassing/topic.asp?t=1229746
Sorry for apologising then........ I had taken 12 from 2023 and come up with the year 2001 in my original post about values. Calm down... The 1st Tuscan Convertible was only available from September 2005 onwards
Of course my 2006 price is correct .. I put the price list here ...https://www.pistonheads.com/gassing/topic.asp?t=1229746
Edited by glow worm on Tuesday 19th September 15:44
IIRC The maximum Chims & Griffs got to in 2001 was about £34k , but I've not got the old pricelist.
Edited by glow worm on Tuesday 19th September 17:31
bad company said:
swisstoni said:
They haven’t ‘become that unpopular’.
Someone was asking top dollar for a badly advertised Tuscan and jumped to the conclusion that “nobody buys Tuscans any more”.
One thing TVR owners and ex-owners have always been brilliant at is talking the brand down.
Spot on imo. Someone was asking top dollar for a badly advertised Tuscan and jumped to the conclusion that “nobody buys Tuscans any more”.
One thing TVR owners and ex-owners have always been brilliant at is talking the brand down.
A colleague of mine, fairly successful, late 20's / early 30's, loves cars, previously had AMG's Audi's etc. He wanted a weekend toy and Test drove a Huracan, F Type, 911 Turbo and a new Aston Martin something or other.
He chose a nice Chimaera. He loves it because its gives the thrill, the drama and the interaction the others could'nt
There are many potential buyers across the age spectrum who understand the foibles and brilliance of the brand. As performance cars become restricted and more anodyne the appeal grows. Just look at the values of restomods. £100K mini's, £150K 911's, Alpina's etc bonkers.
I've no idea how the value of TVR will change over the next 10 years but I cant see it declining as many people will want something unique and different.
He chose a nice Chimaera. He loves it because its gives the thrill, the drama and the interaction the others could'nt
There are many potential buyers across the age spectrum who understand the foibles and brilliance of the brand. As performance cars become restricted and more anodyne the appeal grows. Just look at the values of restomods. £100K mini's, £150K 911's, Alpina's etc bonkers.
I've no idea how the value of TVR will change over the next 10 years but I cant see it declining as many people will want something unique and different.
2gins said:
bad company said:
swisstoni said:
They haven’t ‘become that unpopular’.
Someone was asking top dollar for a badly advertised Tuscan and jumped to the conclusion that “nobody buys Tuscans any more”.
One thing TVR owners and ex-owners have always been brilliant at is talking the brand down.
Spot on imo. Someone was asking top dollar for a badly advertised Tuscan and jumped to the conclusion that “nobody buys Tuscans any more”.
One thing TVR owners and ex-owners have always been brilliant at is talking the brand down.
Mouse Rat said:
A colleague of mine, fairly successful, late 20's / early 30's, loves cars, previously had AMG's Audi's etc. He wanted a weekend toy and Test drove a Huracan, F Type, 911 Turbo and a new Aston Martin something or other.
He chose a nice Chimaera. He loves it because its gives the thrill, the drama and the interaction the others could'nt
There are many potential buyers across the age spectrum who understand the foibles and brilliance of the brand. As performance cars become restricted and more anodyne the appeal grows. Just look at the values of restomods. £100K mini's, £150K 911's, Alpina's etc bonkers.
I've no idea how the value of TVR will change over the next 10 years but I cant see it declining as many people will want something unique and different.
I work with and around many performance car drivers with lots of racing and supercar experience and everyone from a range of ages all agreed the recent Tvr Tamora we have at work is a fantastic car to drive. You have to be more careful and skilled to control it but that’s half the reason why it’s such fun. Guys who rag tin tops to within mm of the cars lives treat the Tvr with deep respect which is very wise yet once they feel the car connecting with them they all absolutely love it. He chose a nice Chimaera. He loves it because its gives the thrill, the drama and the interaction the others could'nt
There are many potential buyers across the age spectrum who understand the foibles and brilliance of the brand. As performance cars become restricted and more anodyne the appeal grows. Just look at the values of restomods. £100K mini's, £150K 911's, Alpina's etc bonkers.
I've no idea how the value of TVR will change over the next 10 years but I cant see it declining as many people will want something unique and different.
Brakes feel great, steering light, sharpe and accurate, handling is better than they imagined, clutch and gearbox with a lovely short throw and sure, throttle feel and response, toe and heel with ease ( pedal box is great) the sound is pure magic.
It’s small, feels light, nimble yet frighteningly quick for what it is.
Kind of perfect really.
The fact many of these very advanced drivers have never driven Tvr and instantly come back with huge grins say a lot about Tvr cars.
We underestimate just how powerful this effect is.
How many buyers who are likewise in touch with these pure driving feelings go along, luckily pick a good Tvr to view, and end up buying it after only one test drive.
Many hundreds have done this over the years.
Rightly or wrongly it’s the overall feel of most of the components actually coming together and making the driver feel intimately connected that makes people reappraise there thoughts about these cars.
If your cars truly sorted and feels right a test drive should quite easily sell it if someone’s serious about buying it.
It should feel that good basically.
10 year old tyres as an example ain’t gonna cut it.
LLantrisant said:
see how Lotus cars (typically the Elise...whatever model&year) have such a good standing on the market , prices have rized and they are much easier to sell....and they are more realiable than any (modern) TVR.
This isn't true, the market for Elise's has come right down in the past 6 months. Elise values were skyrocketing of the past 3 years, it was abundantly clear that was going to happen with Elise going out of production. I have both an Elise and Sagaris and are shameful enough the admit I can afford them, but only as long as I get my money back at some point in the future so I follow their value closely. Percentage wise the Elise has rocketed in the past few years but now has dropped back significantly. Enough for me so notice that the cost to change value to move from my S to an SC is now making economic sense on the basis that values will recover. Moving up in value always makes sense in a downturn as the value gain per % during recover benefits you.Just had a look in the classifieds expecting them to be around £15k by now - they are still a heck of a lot of money for a ropey old British kit car made of fibreglass.
Could get something faster, better handling, more comfortable and hassle free for the price - these just dont hold up and I thought they were awesome when they came out, especially in the flip paint.
Could get something faster, better handling, more comfortable and hassle free for the price - these just dont hold up and I thought they were awesome when they came out, especially in the flip paint.
Bryanwww said:
Just had a look in the classifieds expecting them to be around £15k by now - they are still a heck of a lot of money for a ropey old British kit car made of fibreglass.
Could get something faster, better handling, more comfortable and hassle free for the price - these just dont hold up and I thought they were awesome when they came out, especially in the flip paint.
You won't get anything have as thrilling and head-turning for the price, though. If we wanted to meet your criteria we would nuy a Golf R. Also, your criticisms apply to any fast car from twenty plus years ago.Could get something faster, better handling, more comfortable and hassle free for the price - these just dont hold up and I thought they were awesome when they came out, especially in the flip paint.
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