RE: 10 questions TVR's new bosses must answer

RE: 10 questions TVR's new bosses must answer

Author
Discussion

V8 FOU

2,977 posts

148 months

Friday 10th June 2016
quotequote all
"the car will be homologated, not an SVA for each one."

Uh..... really? I would guess the costs for this would be horrendous. I would have thought for a (very) low volume manufacturer SVA for the initial cars would be a no-brainer.

MaxTorque, please confirm/correct!

TooMany2cvs

29,008 posts

127 months

Friday 10th June 2016
quotequote all
V8 FOU said:
"the car will be homologated, not an SVA for each one."

Uh..... really? I would guess the costs for this would be horrendous. I would have thought for a (very) low volume manufacturer SVA for the initial cars would be a no-brainer.
There's various ways of not having to take EACH and EVERY single car to an IVA test...

EC small-scale type approval
http://www.dft.gov.uk/vca/vehicletype/ec-small-ser...

National small-scale type approval, but it caps at 75 cars and is UK-only.
http://www.dft.gov.uk/vca//vehicletype/national-sm...

Or even, at the smallest (and most expensive per car), an IVA model report.
https://www.gov.uk/vehicle-approval/individual-veh...

Housey

2,076 posts

228 months

Friday 10th June 2016
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[redacted]

andyps

7,817 posts

283 months

Friday 10th June 2016
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LaurasOtherHalf said:
In terms of the traditional character traits what will make it a true TVR?
Les Edgar said:
You tell us! It's a question we should put to the forum I think.
I am the only person who thinks if they're going to be building the things next year they might want to have figured this one out by now?
No you aren't. I thought that was something they should have good understanding of by now, and according to earlier interviews they had already talked to TVR owners to find out what they wanted. I guess more input is always helpful though.

RichB

51,634 posts

285 months

Friday 10th June 2016
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[redacted]

GranCab

2,902 posts

147 months

Friday 10th June 2016
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Are the "400 plus" customer deposits being held in an Escrow Account ? I bloody well hope so ...

9e 28

9,410 posts

202 months

Friday 10th June 2016
quotequote all
GranCab said:
Are the "400 plus" customer deposits being held in an Escrow Account ? I bloody well hope so ...
This may end in tears....

KTF

9,809 posts

151 months

Friday 10th June 2016
quotequote all
GranCab said:
Are the "400 plus" customer deposits being held in an Escrow Account ? I bloody well hope so ...
Like many of their answers, this isnt specified.
tvr.co.uk said:
Is my money at risk?

No – we would never allow that to be the case. We are well funded, and are here to stay! The deposit line has opened in response to a large number of requests from potential customers wishing to place a deposit on the basis of the information currently available both in the motoring press and on our website. If you do not consider this to be sufficient for you to decide whether or not you should place a deposit, we recommend you do not do so. However, if you pay by credit card, your payment is guaranteed by the credit card company.
Dont worry though as they are 'here to stay'.

TooMany2cvs

29,008 posts

127 months

Friday 10th June 2016
quotequote all
KTF said:
GranCab said:
Are the "400 plus" customer deposits being held in an Escrow Account ? I bloody well hope so ...
Like many of their answers, this isnt specified.
tvr.co.uk said:
Is my money at risk?

No – we would never allow that to be the case. We are well funded, and are here to stay! The deposit line has opened in response to a large number of requests from potential customers wishing to place a deposit on the basis of the information currently available both in the motoring press and on our website. If you do not consider this to be sufficient for you to decide whether or not you should place a deposit, we recommend you do not do so. However, if you pay by credit card, your payment is guaranteed by the credit card company.
Dont worry though as they are 'here to stay'.
Like many of their answers, that does give the answer quite clearly if you just read between the lines a little. No, it's not held in an escrow account.

And, tbh, it's the one you'd expect. What's the point of bringing in 400 x £5,000 advance deposits (£2m), if not to raise funds towards product development? Can't do that if the money's held in an escrow account...

C7 JFW

1,205 posts

220 months

Friday 10th June 2016
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Very excited by the new TVR's - the natural progression (for me) from an S2000.

Let's hope they go round corners properly.

Impasse

15,099 posts

242 months

Friday 10th June 2016
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TooMany2cvs said:
Like many of their answers, that does give the answer quite clearly if you just read between the lines a little. No, it's not held in an escrow account.
Yep, you're right. The line about paying on a credit card for security gives that away. Crowd funding at best, something not quite so palatable at worst.

TooMany2cvs

29,008 posts

127 months

Friday 10th June 2016
quotequote all
Impasse said:
Crowd funding at best, something not quite so palatable at worst.
From a little further up the same page...

TVR.co.uk said:
We are very aware of the historic issues surrounding previous owners of the marque and issues over deposits, and can assure that these will not be repeated
https://tvr.co.uk/noise/deposit

GranCab

2,902 posts

147 months

Friday 10th June 2016
quotequote all
TooMany2cvs said:
Like many of their answers, that does give the answer quite clearly if you just read between the lines a little. No, it's not held in an escrow account.

And, tbh, it's the one you'd expect. What's the point of bringing in 400 x £5,000 advance deposits (£2m), if not to raise funds towards product development? Can't do that if the money's held in an escrow account...
If they NEED the circa £2 million raised from the customer deposits then they are seriously under-funded !

If you did indeed pay your £5k deposit on a CC and therefore have some personal security ... can TVR access that cash - and if they can and do and then it goes tits up how do they pay BarclayCard and MasterCard back those deposits ?

Z28DUNC

155 posts

151 months

Friday 10th June 2016
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When are we going to get a vid of his V600. I bet it sounds good lick

SturdyHSV

10,101 posts

168 months

Friday 10th June 2016
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I'm not in a position to buy one, so really it doesn't matter what I think, but if those were the 10 questions they must answer, I didn't feel like they answered them very well.

For the sort of money involved, it seemed like a bit of a jokey tone.

The interview read as a rather drawn out version of Les and the other chap basically just saying "It'll be fiiiiiiiiiine, *snigger*"

TooMany2cvs

29,008 posts

127 months

Friday 10th June 2016
quotequote all
GranCab said:
This album should be in all TVR deposit placers' collection ...
Nekkid 11yo girls are a big TVR thing, are they?

GranCab

2,902 posts

147 months

Friday 10th June 2016
quotequote all
Blind Faith ...

SturdyHSV

10,101 posts

168 months

Friday 10th June 2016
quotequote all
TooMany2cvs said:
GranCab said:
This album should be in all TVR deposit placers' collection ...
Nekkid 11yo girls are a big TVR thing, are they?
So long as they're on the motor show stands, presumably? hehe

"The next mule, which is representative of the size and weight with our drivetrain in it, we're probably a month, two months maybe from that. I think we expect reasonably early next year to be in something that's pretty representative of the final thing."

Breaking this down a bit, the next mule, so another random test car that's similar size and weight etc. they're probably a month, two months maybe from that.

So it probably could take another 4 weeks, or it might be double that, we've no idea, maybe.

I think we expect

So you're not clear on what you expect to happen, let alone what's actually happening?

reasonably early next year

So not early next year, but 'reasonably early', which means what, April?

to be in something that's pretty representative of the final thing.

Pretty representative, again, as opposed to something that is representative, or perhaps even something that actually IS the final thing to be going through testing with. So you'll complete the testing with something that's pretty representative of the final thing, make some tweaks or what have you to get to the final thing, then roll that out untested?

I really do hope that it's just a case of typical British understatement provoking this sort of language, as to me that just sounds like classic
non-committal placation worded specifically to avoid making any actual promises so you can't be told off for breaking them.

EDIT:

Just thought I'd add, I don't really care when it comes out, and would love it to be a massive success and am hugely excited to see what it looks like and hear it in action smile

RichB

51,634 posts

285 months

Friday 10th June 2016
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SturdyHSV said:
So long as they're on the motor show stands, presumably? hehe
Can't happen... Ric Grech died 25 years ago - Clapton, Winwood and (amazingly) Ginger Baker are still going though so I'm sure LE could get a bassist to sit in. smile

Firing order

93 posts

156 months

Friday 10th June 2016
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WhAt wheels are on the cerb in the background ?