Seriously...

Seriously...

Author
Discussion

stevoj

798 posts

162 months

Saturday 25th April 2015
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mrzigazaga said:
Thing is mate its us who should set the president as regards to value not someone who is just looking to make a quick buck!...Or a trader buying in for peanuts and selling straight on for film stars money...

I wouldn't say de-valuing...More being realistic!

We are just custodians of these cars and personally its irrelevant how much i have spent on them even if it does exceed the current value...I do it because i love them and things would have to be very drastic for me to even consider selling...If i had a missus and she said.."Its me or the Wedge" then i would have to open the front door and say.."See ya then"...And wave the missus goodbye...

I dont want any other car and if i won the lottery then i would still have a Wedge..Albeit LS supercharged..NOS induced madness...And it would have a paint job similar to the pens with the women on them that reveal all when turned upside down...(You remember those as well Ian smile...)..Except when i brake all the clothes come off ..Then put the foot down and up come the panties...hehe

And to be fair i have seen prices rise over the last 3 years by £1500...So at that rate my 350i will be worth 10K in 10 years...15K in 20 years....And as said when i get to 70 i will have 15K to spend on sex..Drugs and rock n roll...Touch.....Ziga
So you agree with me thensmile

On your point of others dictating values and owners though, unfortunately - or is it fortunatelyconfused this is the case with most things, though i will contradict that and say that in reality its the buyers who dictate value's, as we know the old adage -they will only sell for what someone is willing to pay and fortunately as we all spend more than we should on them; that is a little more these days.

keatsie

326 posts

165 months

Saturday 25th April 2015
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Classic cars are worth what ever you are willing to pay for them and what ever someone else is willing to pay for them. To be honest it's irrelevant unless you buy as an investment.

Prices will go up, it is inevitable and the trend has already started with other wedge marque's. Personally, I am glad the prices are still low it means more will get snapped up buy people who want and appreciate, hopefully meaning the vehicles won't disappear and become an expensive garage ornemants for some rich guy who cares more for value than the car it's self.

Soapbox, steps down and goes back to reading posts and drinking far too much beer.

TvR Driver

564 posts

250 months

Saturday 25th April 2015
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The top gear 450se is now down under in OZ and before that was in Winchester under the owner emigrated - bloody nice car and prompted my own upgrade from a 350i to a 450se with a griff 500 in between -

Needs fettling if I know Mr B and his cars but still fairly original and stored

Ty

mrzigazaga

Original Poster:

18,560 posts

166 months

Saturday 25th April 2015
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I just hope that insurance companies are looking in on this as they seem to have a book that say's how much our cars are actually worth in whatever condition..So you buy a classic car for 4K thats a bit rough round the edges and needs work doing to it...You spend 2K getting it to a condition thats worth 5K...Your already a grand out..

I paid £2250 for Poppy...Okay i was fortunate...I spent 2K on her getting loads of work done...Probably less if i didn't have the wheels refurbed and the complete stainless steel system fitted...I have an agreed value of £5500....Once i upgrade my interior i will be upgrading my agreed value...smile

V8 Fettler

7,019 posts

133 months

Saturday 25th April 2015
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Hair shirt, eating gravel and living in a shoebox is all very well, but the end result of knocking Wedge prices could be that the V5 becomes more valuable than the car. Alternatively, breaking becomes financially viable. Wedges should follow the upwards price curve of the newer TVRs, I can't see that happening at the moment.

Perversely, I bought my humble and cheap 350i to break it for the engine/gearbox (kitcar project), it didn't happen because the Wedge was far too good to break.

mrzigazaga

Original Poster:

18,560 posts

166 months

Saturday 25th April 2015
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How do you know that i eat gravel and live in a shoebox, Actually i had an extension to a boot box so have a bit more head room....And i don't have a hairy shirt anymore..I threw that out cos it stunk like a skunk but i have made myself a new one out of scraps of leather to match the socks..They do have a TVR logo on though...smile..

Good that you didn't break the Wedge..Although they do have a habit of doing that on their own sometimes..smash

So out of interest what would a Wedge in the condition advertised realistically be worth..Not what some plonker will pay for it...3k tops?....

I know that the reality is we spend far more on our cars than they are worth in sellable value but we are keeping them alive and they are affordable classics...If they were too cheap then they would end up being scrapped all the time for parts...And yes i know that some will say..Me included...Some really hard to get parts are needed but instead of relying on people breaking them why cant we find someone amongst us to make the said part...Most bits are available..But the special bits are no longer available..Its one part that someone with good engineering skills could make and move on without being out of pocket...Okay you are not going to get rich because its a niche market but you will be doing your bit to help keep these "Hand built British sports cars" alive...TVR has had a bad name for years which doesn't make them an attractive investment and i personally think this is the reason for the low value....Possibly...

This will probably become a "Mass debate"...hehe

Solitude

1,902 posts

176 months

Sunday 26th April 2015
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Zig,
hope all is well with you mate.

how much for the complete stainless, and was it including manifolds ?

Gav

440Interceptor

636 posts

148 months

Sunday 26th April 2015
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Solitude said:
Zig,
hope all is well with you mate.

Gav
I would say he is in fine form judging by the above... (oh and I remember those pens too).

V8 Fettler

7,019 posts

133 months

Sunday 26th April 2015
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mrzigazaga said:
How do you know that i eat gravel and live in a shoebox, Actually i had an extension to a boot box so have a bit more head room....And i don't have a hairy shirt anymore..I threw that out cos it stunk like a skunk but i have made myself a new one out of scraps of leather to match the socks..They do have a TVR logo on though...smile..

Good that you didn't break the Wedge..Although they do have a habit of doing that on their own sometimes..smash

So out of interest what would a Wedge in the condition advertised realistically be worth..Not what some plonker will pay for it...3k tops?....

I know that the reality is we spend far more on our cars than they are worth in sellable value but we are keeping them alive and they are affordable classics...If they were too cheap then they would end up being scrapped all the time for parts...And yes i know that some will say..Me included...Some really hard to get parts are needed but instead of relying on people breaking them why cant we find someone amongst us to make the said part...Most bits are available..But the special bits are no longer available..Its one part that someone with good engineering skills could make and move on without being out of pocket...Okay you are not going to get rich because its a niche market but you will be doing your bit to help keep these "Hand built British sports cars" alive...TVR has had a bad name for years which doesn't make them an attractive investment and i personally think this is the reason for the low value....Possibly...

This will probably become a "Mass debate"...hehe
Zig, you know the answer to "what's it worth?" : Whatever someone will pay for it. Most prospective buyers would probably check for prices of similar on that internet, so most will probably end up on this forum!

The likelihood of increased availability of new bespoke parts would increase if the the value of Wedges increased (more value in the finished car).

Is there a Top Ten of bespoke unavailable parts for Wedges?

V8 Fettler

7,019 posts

133 months

Sunday 26th April 2015
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Wedg1e said:
You have to ask why people are buying a TVR. Is it because they want something few others have, is it because they're bored with Mecccano and want a better toy or is it because they want a fast car?
If it's the latter, well let's face it there are many other cars at least as fast as the average Wedge and many of them are more user-friendly to boot - you can leave them parked outside in all weathers and they don't get wet inside, you can take the mother-in-law shopping and the kids to the flicks and you can still do 0-60 in 6 seconds when the occasion presents itself.
If you just want a convertible then even Peugeot and Ford offer them (and with 2+2 seating, 40mpg and a ready resale market)... if you add it all up there's not a lot in the Wedge's favour so it takes dedication (and a certain financial 'so-what, it's only money') to want one for keeps.
Look how many owners have come and gone in the time PH has been up and running. The ones who stick with them are most likely the ones who don't care what the car's worth; those who do care are the ones who always have an eye on the fast profit (or at least on not losing money) and if that's the case they should read Classic Cars and buy what Quentin tells them to... and funnily enough, I can't recall him ever telling anyone with real money to buy a TVR (of any type). So until he does, the Wedge will forever be stuck as the poor-man's relation to performance cars and forever be bought by people with just enough money to buy one but perhaps not just enough dedication to live with the on-going costs. With most existing owners anticipating the latter, any car for sale has to appear cheap enough to offset the future costs of ownership (and rectification of previous owners' bodges) and maybe that's why 'we', the collective, always titter at elevated prices.
No-one is going to buy a rough and raw Wedge instead of anything from Ford/Puogoete/the rest unless they go through a conversion process of religious proportions. Most prospective Ford/Peeugot buyers would run a mile following a test drive of a Wedge:

"Does the radio work?"
"Eh? You'll have to speak up."
"I didn't realise this road had such a poor surface"
"Eh? You'll have to speak up."
"Is there a problem with handbrake?"
"Eh? You'll have to speak up."

Wedgers buy Wedges for a variety of reasons:

It's a TVR
Noise
RV8 in a convertible
Noise
Extrovert and unique styling (SEAC is still gobsmacking 30 years on)
Noise
To break

mrzigazaga

Original Poster:

18,560 posts

166 months

Sunday 26th April 2015
quotequote all
Solitude said:
Zig,
hope all is well with you mate.

how much for the complete stainless, and was it including manifolds ?

Gav
Hi mate..Im good thanks, Hope you are too...I was fortunate enough to get a complete system from Chappers...It was originally for the SX400 so the bore is slightly bigger..It was from manifolds to back box..Including a stainless centre box..The manifolds were from ACT and were around £500 on their own, More than that now i should imagine...The whole system must of cost around 2K..I was VERY fortunate to get it for "Mates rates"...

PS: I bought a TVR Wedge cos whenever i saw them they gave me a stiffy....hehe..And they are like my preference in women...High maintenance...Loud...Bit rough round the edges although still has her figure...Drinks too much..Bit of a hard ride..But goes like the clappers...All i need now is a nice refined quiet petite girl to sit next to me..Yin and yang my friend....whistle