100 grand Saggys.

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Discussion

TVR4US

Original Poster:

163 posts

104 months

Tuesday 10th January 2017
quotequote all
This time last year people were saying the Saggy would be making £100 Grand, from what I am seeing they are plummeting like a stone, Fernhurst dropped one by £5 grand, and I have noticed that the cascade one in the Ads has just had £5 grand taking of it.
The same seems to be going for the last Tuscans, Kerridges and Shoomoo
have had the same cars for sale for over a year now.
Is it that the prices have now gone to what they should be, or are people still hanging on for new TVR.............

I am just wondering if I should buy a Saggy soon while the prices are dropping or should I wait for the new one.........Decisions ,Decisions

mk1fan

10,517 posts

225 months

Tuesday 10th January 2017
quotequote all
Depends what you want from it.

There will always be those that say the bottom is going to fall out of the prices. There will always be those that say prices are rising.

Fernhurst dropped their prices AND removed their warranty.

My view, I expect once the weather improves that sales will start again. Now is probably the time to buy and get it ready for Summer.

Fiscracer

585 posts

210 months

Tuesday 10th January 2017
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The market is flat at the moment with lots of uncertainty. What is certain is that the price of Saggys will drop even further when the new car comes out

julian64

14,317 posts

254 months

Tuesday 10th January 2017
quotequote all
unless you have rose tinted glasses, Saggys have never been worth the inflated price.

1) Engine was the same as cars an eighth of the price in other TVR forms

2) The handling was initially described as TVR leading but latterly seems to be on a par with the other T cars

3) The styling was very marmite, but most liked the styling. For me it was a Russian teenagers wet dream but pretty difficult not to laugh when someone was trying to tell you the wing vents were necessary for brake cooling, all the time watching the stones being kicked up to the windscreen.

4) It was the last car TVR produced at a very sad time for the company.

If you look at all those points the one that really stands out is the last one. Fair play to the saggy for keeping the values up, but even the most die-hard TVR fan must admit that eventually the bubble would burst. Point 4) is probably the reason why, as it is likely now not to be the last TVR.

Possibly its to do with the weather but I think it would be very brave at this point to join the 60K saggy club. However I guess the more that do the more the car will be at the high price tag so what do I know.

glow worm

5,842 posts

227 months

Tuesday 10th January 2017
quotequote all
Mine will still cost you £80k
All sports car prices will be low at this time of year . The new TVR will not make any difference to "classic" TVR prices (that's if it ever happens and it won't be a proper TVR IMHO and at best will only be a good imitation of a TVR ) . Low mileage (under 10k) in pristine condition will still attract a premium price because of supply and demand but unfortunately with the current exchange rate will probably go aboard.
PS The Sagaris was design by Peter Wheeler not Nikolai Smolenski and it wasn't the last production car sold.



Edited by glow worm on Tuesday 10th January 17:05

so called

9,086 posts

209 months

Tuesday 10th January 2017
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As for cup holders, specifically not in the bleedin doors as per Tuscans.

robsco

7,828 posts

176 months

Tuesday 10th January 2017
quotequote all
glow worm said:
Mine will still cost you £80k
All sports car prices will be low at this time of year . The new TVR will not make any difference to "classic" TVR prices (that's if it ever happens and it won't be a proper TVR IMHO and at best will only be a good imitation of a TVR ) . Low mileage (under 10k) in pristine condition will still attract a premium price because of supply and demand but unfortunately with the current exchange rate will probably go aboard.
PS The Sagaris was design by Peter Wheeler not Nikolai Smolenski and it wasn't the last production car sold.



Edited by glow worm on Tuesday 10th January 17:05
Please don't be offended by my asking, but did you buy your Sag with the intention of making a quick buck? Virtually every post I've seen re. your Sagaris is something to do with how much it would take for you to part with it.

Milky400

1,960 posts

178 months

Tuesday 10th January 2017
quotequote all
so called said:
As for cup holders, specifically not in the bleedin doors as per Tuscans.
My Tuscan has cup holders?

glow worm

5,842 posts

227 months

Tuesday 10th January 2017
quotequote all
robsco said:
Please don't be offended by my asking, but did you buy your Sag with the intention of making a quick buck? Virtually every post I've seen re. your Sagaris is something to do with how much it would take for you to part with it.
No I bought it two years ago to add to my collection and to improve what was already a good car and I paid a high price. For personal reasons , now I would consider selling it , but only at what I consider to be a fair price , but I'm no mug so I won't be giving it away . I may consider selling my personal factory spec'ed 4.5 Super Sport Tuscan convertible but again only for the right price smile . I'll be keeping my Mk3 modified Chimaera that's not for sale. Bearing in mind how much I've spent on my cars over the last 10 years , the one thing I will not be making is a "quick buck" . I see you made 3 grad selling your Tuscan , 20% profit so maybe I should be asking more smile
I would be surprised if anyone buying a quality TVR in the last two years would not have expected their asset to have appreciated .



Edited by glow worm on Tuesday 10th January 20:57

robsco

7,828 posts

176 months

Tuesday 10th January 2017
quotequote all
glow worm said:
robsco said:
Please don't be offended by my asking, but did you buy your Sag with the intention of making a quick buck? Virtually every post I've seen re. your Sagaris is something to do with how much it would take for you to part with it.
No I bought it two years ago to add to my collection and to improve what was already a good car and I paid a high price. For personal reasons , now I would consider selling it , but only at what I consider to be a fair price , but I'm no mug so I won't be giving it away . I may consider selling my personal factory spec'ed 4.5 Super Sport Tuscan convertible but again only for the right price smile . I'll be keeping my Mk3 modified Chimaera that's not for sale. Bearing in mind how much I've spent on my cars over the last 10 years , the one thing I will not be making is a "quick buck" . I see you made 3 grad selling your Tuscan , 20% profit so maybe I should be asking more smile
I would be surprised if anyone buying a quality TVR in the last two years would not have expected their asset to have appreciated .



Edited by glow worm on Tuesday 10th January 20:57
I also made nearly 8k on my Cerb... excluding the 15k I spent maintaining it. hehe

PuffsBack

2,428 posts

225 months

Tuesday 10th January 2017
quotequote all
julian64 said:
unless you have rose tinted glasses, Saggys have never been worth the inflated price.

1) Engine was the same as cars an eighth of the price in other TVR forms

Its 100% not the same engine that was in my Speed6 Cerbera, and that was great engine, stupidly underrated. But the Sag's engine is a peach, like a E46 M3 engine gone feral

2) The handling was initially described as TVR leading but latterly seems to be on a par with the other T cars

Can't comment except to say it feels brilliant compared with my Chimaera, Griffith and Cerbera. Though I have a soft spot for the Cerb, I like the sense of danger it used to instill

3) The styling was very marmite, but most liked the styling. For me it was a Russian teenagers wet dream but pretty difficult not to laugh when someone was trying to tell you the wing vents were necessary for brake cooling, all the time watching the stones being kicked up to the windscreen.

What on earth has it got to do with the Russian? It was designed before his time

4) It was the last car TVR produced at a very sad time for the company.

If you look at all those points the one that really stands out is the last one. Fair play to the saggy for keeping the values up, but even the most die-hard TVR fan must admit that eventually the bubble would burst. Point 4) is probably the reason why, as it is likely now not to be the last TVR.

Not in the least bit interested in a new TVR. I would thing most Sag owners will be curious for a peek at most. Not saying the new car won't be brilliant but its not going to offer the madness a Sag does, and if thats what floats your boat then the new car isn't going to be of huge interest.

PuffsBack

2,428 posts

225 months

Tuesday 10th January 2017
quotequote all
TVR4US said:
This time last year people were saying the Saggy would be making £100 Grand, from what I am seeing they are plummeting like a stone
Really? I bought my Sag 18 months ago for half that, I certainily wasn't under the expectation of doubling my money, but pretty certain if I put it in the classifieds for 50k it would sell tomorrow.

And no I won't take 50k for it before anyone asks smile To be honest I doubt I would be tempted to sell at 100k Not sure what I would replace it with, nothing else really tugs at the heart strings

Fiscracer

585 posts

210 months

Tuesday 10th January 2017
quotequote all
glow worm said:
Mine will still cost you £80k
All sports car prices will be low at this time of year . The new TVR will not make any difference to "classic" TVR prices (that's if it ever happens and it won't be a proper TVR IMHO and at best will only be a good imitation of a TVR ) . Low mileage (under 10k) in pristine condition will still attract a premium price because of supply and demand but unfortunately with the current exchange rate will probably go aboard.
PS The Sagaris was design by Peter Wheeler not Nikolai Smolenski and it wasn't the last production car sold.



Edited by glow worm on Tuesday 10th January 17:05
Keep dreaming

PuffsBack

2,428 posts

225 months

Tuesday 10th January 2017
quotequote all
Fiscracer said:
The market is flat at the moment with lots of uncertainty. What is certain is that the price of Saggys will drop even further when the new car comes out
I don't think thats certain by any means. As mentioned about I doubt there are many Saggy owners that interested in the new car. In the same way I doubt many Diablo owners are thinking of trading in and buying an Audi Aventedor.

There is more at work here than pure performance and BHP numbers

FarmyardPants

4,108 posts

218 months

Tuesday 10th January 2017
quotequote all
I don't see Sag prices going majorly south, there aren't enough of them. And for some reason they are seen as a breed apart from other TVRs from a price perspective. I agree with julian64's analysis of why that is - if you want a TVR, it's the one to have in many ways - but also I think that the TVR Power Supersport upgrades have given the T cars a new lease of life. I've not been keeping up with values but wouldn't be surprised to see all the T cars climb in value over the next few years. From my (Cerbera-owning) perspective, I think the opposite is true - the worry about supply of AJP engines is stifling values of Cerberas. As in, "if I buy this and the engine blows up, it might be scrap" mentality, even though in theory a scarcity should imply value. Maybe there's a trade-off between the number of cars on the market and the availability of engines, and the cerb is in that uncertain middle ground. Perhaps in a decade a cerb will be worth £40k just for its engine smile.

PuffsBack

2,428 posts

225 months

Wednesday 11th January 2017
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A very good Cerb 4.5RR must be knocking on the door of 40k. Rare, iconic and hugely desirable to a collector with an interest in TVR

julian64

14,317 posts

254 months

Wednesday 11th January 2017
quotequote all
PuffsBack said:
A very good Cerb 4.5RR must be knocking on the door of 40k. Rare, iconic and hugely desirable to a collector with an interest in TVR
Nope that's hugely optimistic. The RR has a certain amount of variability as to what that actually meant in terms of the cars performance, or what actually seems to have been done at the factory with them to justify. RR's don't stand above the other cars power wise. Jools whirlwind upgrade and a decent remap was making more power than RR's.

The Cerb is also a marmite car for most. I've had one for a long time and I've seen cars advertised at 6K. Farmyard I think is right the engine, possibly the cars greatest asset is probably also what puts people off. I'm very pessimistic that there'll ever be a 40K Cerb bought. If there is it'll be the sort of garage queen that only a few will have bought in a number of years by a rapid TVR collector, not the norm for these cars.

Jhonno

5,768 posts

141 months

Wednesday 11th January 2017
quotequote all
julian64 said:
PuffsBack said:
A very good Cerb 4.5RR must be knocking on the door of 40k. Rare, iconic and hugely desirable to a collector with an interest in TVR
Nope that's hugely optimistic. The RR has a certain amount of variability as to what that actually meant in terms of the cars performance, or what actually seems to have been done at the factory with them to justify. RR's don't stand above the other cars power wise. Jools whirlwind upgrade and a decent remap was making more power than RR's.

The Cerb is also a marmite car for most. I've had one for a long time and I've seen cars advertised at 6K. Farmyard I think is right the engine, possibly the cars greatest asset is probably also what puts people off. I'm very pessimistic that there'll ever be a 40K Cerb bought. If there is it'll be the sort of garage queen that only a few will have bought in a number of years by a rapid TVR collector, not the norm for these cars.
Considering one sold very quickly this year for about 40k...

Jhonno

5,768 posts

141 months

Wednesday 11th January 2017
quotequote all
FarmyardPants said:
I don't see Sag prices going majorly south, there aren't enough of them. And for some reason they are seen as a breed apart from other TVRs from a price perspective. I agree with julian64's analysis of why that is - if you want a TVR, it's the one to have in many ways - but also I think that the TVR Power Supersport upgrades have given the T cars a new lease of life. I've not been keeping up with values but wouldn't be surprised to see all the T cars climb in value over the next few years. From my (Cerbera-owning) perspective, I think the opposite is true - the worry about supply of AJP engines is stifling values of Cerberas. As in, "if I buy this and the engine blows up, it might be scrap" mentality, even though in theory a scarcity should imply value. Maybe there's a trade-off between the number of cars on the market and the availability of engines, and the cerb is in that uncertain middle ground. Perhaps in a decade a cerb will be worth £40k just for its engine smile.
You can get new blocks from TVR now.. Albeit designed for dry sump, but I am sure you could modify one if needed. Heads.. Now that is the issue! I would say engine supply hasn't dulled values of various classics though.

Griffithy

929 posts

276 months

Wednesday 11th January 2017
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julian64 said:
I'm very pessimistic that there'll ever be a 40K Cerb bought.
Was it you telling us there will never be a 30K Cerb... three years ago???
laugh