Discussion
Hi I'm lucky enough to have a noble m12 and pleased that it's gone up in value. However when I look at the TVR prices I wonder what is going on. Why when there are so few nobles around are the prices not higher. If you have one and believe like me they are worth more. Is it wrong to suggest that the price should be higher and do something about it
I agree Nobles are underpriced. In terms of what to do about it, what is there is other than sell at higher prices. Per Pistonheads now there is only one for sale, at auction which means whoever next puts their car on the market can pretty much name their price. While people have talked about prices rising by 10% per year the market does not work like that. If there are none left it is whatever someone wants to ask. I own a Orange M12 with a 3L 450 bhp engine everything is now very nicely sorted. I have great memories with the car, and I am not wanting to sell. I am probably in for £60k and will sell when I can get this money back which in my opinion will not be as long as many people think.
Hi sounds like a great car mine is just straight from the factory, but that suits me for my driving ability lol. With so few cars on the market and so few owners what stops us all setting the price. I can't think of a better car for the money and with the new cars over £200,000 they are worth it.I'm just not sure if it would be a good thing but can't see any reason why it would be bad
I mean if £5000 was put on every car tomorrow people out there would look at the car as an investment and the interest in the cars would increase Won't make any difference to me as I never want to sell, but would be interesting to see if It could work
I mean if £5000 was put on every car tomorrow people out there would look at the car as an investment and the interest in the cars would increase Won't make any difference to me as I never want to sell, but would be interesting to see if It could work
If it hadn't been played with I may have been tempted myself AMG Merc said:
jamie g said:
M400 on here at £51k...seems like a bargain, this time next year it'll be £61K
If it hadn't been played with I may have been tempted myself 
Awful lot of debate about values currently, but you only need a few listed with someone wanting to make a quick sale (perhaps because he will otherwise miss another perceived bargain) and prices settle back down. There is also greater inertia as the price rises, and suddenly other choices previously ignored come into play. Say a 2012 Lotus Evora S for £38,000 with under 20,000 miles, or a new Elise Cup for around £37,000 - that's a new car with all the benefits that come with it. Or a new Porsch Boxster S (pretty quick now) at £50,000. A new Jaguer 'F' Type for similar money - I could go on and on, there are some pretty interesting cars out there for between £30,000 and £50,000 up to 3 years old. When I bought my Noble for £30,000 another £20,000 for the Porsche was a considerable difference, but push the Noble to £40,000 and the option of a brand new car with all the benefits that bestows can be an attractive alternative.
I know many will say there is no comparison, but a potential new owner might be thinking about reliability, useability, modern technology, better and more plentiful equipment, and perhaps it's their first performance car so all of this matters even more (and ultimate performance less). The benefits of owning a Noble (out and out speed and exhilaration and in particular the good will that surround them), might not be so obvious before you own one either - so again you make decisions more on what you do know or perceive to know.
The truth is I would pay £50,000 for a Noble now I have one, it's as simple as that, but before I owned one, at that price I would probably have bought something else.
One last consideration is neither is the Noble a car you can use as your only means of transport (I think there are a couple of people who do but it's still rare and surely almost impossible for the majority of people), so by definition it becomes a second car with all the associated costs of having two cars, rather than again one Porsche, Jag etc.
Prices will rise, but in line and relative to everything else, so even when they are worth more, they will remain a bargain.
Just my opinion of course...........
I know many will say there is no comparison, but a potential new owner might be thinking about reliability, useability, modern technology, better and more plentiful equipment, and perhaps it's their first performance car so all of this matters even more (and ultimate performance less). The benefits of owning a Noble (out and out speed and exhilaration and in particular the good will that surround them), might not be so obvious before you own one either - so again you make decisions more on what you do know or perceive to know.
The truth is I would pay £50,000 for a Noble now I have one, it's as simple as that, but before I owned one, at that price I would probably have bought something else.
One last consideration is neither is the Noble a car you can use as your only means of transport (I think there are a couple of people who do but it's still rare and surely almost impossible for the majority of people), so by definition it becomes a second car with all the associated costs of having two cars, rather than again one Porsche, Jag etc.
Prices will rise, but in line and relative to everything else, so even when they are worth more, they will remain a bargain.
Just my opinion of course...........
cdhoole said:
Awful lot of debate about values currently, but you only need a few listed with someone wanting to make a quick sale (perhaps because he will otherwise miss another perceived bargain) and prices settle back down. There is also greater inertia as the price rises, and suddenly other choices previously ignored come into play. Say a 2012 Lotus Evora S for £38,000 with under 20,000 miles, or a new Elise Cup for around £37,000 - that's a new car with all the benefits that come with it. Or a new Porsch Boxster S (pretty quick now) at £50,000. A new Jaguer 'F' Type for similar money - I could go on and on, there are some pretty interesting cars out there for between £30,000 and £50,000 up to 3 years old. When I bought my Noble for £30,000 another £20,000 for the Porsche was a considerable difference, but push the Noble to £40,000 and the option of a brand new car with all the benefits that bestows can be an attractive alternative.
I know many will say there is no comparison, but a potential new owner might be thinking about reliability, useability, modern technology, better and more plentiful equipment, and perhaps it's their first performance car so all of this matters even more (and ultimate performance less). The benefits of owning a Noble (out and out speed and exhilaration and in particular the good will that surround them), might not be so obvious before you own one either - so again you make decisions more on what you do know or perceive to know.
The truth is I would pay £50,000 for a Noble now I have one, it's as simple as that, but before I owned one, at that price I would probably have bought something else.
One last consideration is neither is the Noble a car you can use as your only means of transport (I think there are a couple of people who do but it's still rare and surely almost impossible for the majority of people), so by definition it becomes a second car with all the associated costs of having two cars, rather than again one Porsche, Jag etc.
Prices will rise, but in line and relative to everything else, so even when they are worth more, they will remain a bargain.
Just my opinion of course...........
My personal view is that the Classic / Collector market is not populated by people that compare cars to new cars. Most collectible cars are slower, less practical, more costly than modern cars.I know many will say there is no comparison, but a potential new owner might be thinking about reliability, useability, modern technology, better and more plentiful equipment, and perhaps it's their first performance car so all of this matters even more (and ultimate performance less). The benefits of owning a Noble (out and out speed and exhilaration and in particular the good will that surround them), might not be so obvious before you own one either - so again you make decisions more on what you do know or perceive to know.
The truth is I would pay £50,000 for a Noble now I have one, it's as simple as that, but before I owned one, at that price I would probably have bought something else.
One last consideration is neither is the Noble a car you can use as your only means of transport (I think there are a couple of people who do but it's still rare and surely almost impossible for the majority of people), so by definition it becomes a second car with all the associated costs of having two cars, rather than again one Porsche, Jag etc.
Prices will rise, but in line and relative to everything else, so even when they are worth more, they will remain a bargain.
Just my opinion of course...........
Hell, why not just buy a Golf R rather than an F355, it'll be faster and cheaper to run!
E30 M3 is a lot slower and less practical than an E46 M3 - doesn't stop it being more money.
I do appreciate all your arguments - both reasonable and valid.
I certainly considered a newer car at the time of buying a Noble - it came down to that or a Audi RS8 in the end (and that was a very appealing car). The Noble is not that old a car either, fairly modern, so might be assessed against more recent alternatives (as compared to Ford Capri's or Rs2000 or cars from the 80's and 90's that do seem to be increasing in value exponentially).
I also wonder if these rather ordinary cars that are increasing in value seem more accessible, more manageable and perhaps people as they get older and have greater disposable income hark after a car they once had as a youth - many having had these cars when they were sold (as compared to a Noble which by definition few people have owned).
I had a Golf GTI MK 1 when I was young and when I see one it does cross my mind it would be cool to have another! Never owned a Capri and don't really understand why you would want one at all (sorry).
The point I am trying to make I think is that there are so many factors influencing people when making choices about what to buy and as a Noble owner you wonder why they don't choose a Noble every time, but that's because we have chosen this car as it appeals to us personally. It is a bit quirky you must admit, a bit of a mystery, an unknown quantity perhaps as compared to more recognized models/cars, and people feel more comfortable with what they know or think they know (especially when your not technically minded or able!).
I certainly considered a newer car at the time of buying a Noble - it came down to that or a Audi RS8 in the end (and that was a very appealing car). The Noble is not that old a car either, fairly modern, so might be assessed against more recent alternatives (as compared to Ford Capri's or Rs2000 or cars from the 80's and 90's that do seem to be increasing in value exponentially).
I also wonder if these rather ordinary cars that are increasing in value seem more accessible, more manageable and perhaps people as they get older and have greater disposable income hark after a car they once had as a youth - many having had these cars when they were sold (as compared to a Noble which by definition few people have owned).
I had a Golf GTI MK 1 when I was young and when I see one it does cross my mind it would be cool to have another! Never owned a Capri and don't really understand why you would want one at all (sorry).
The point I am trying to make I think is that there are so many factors influencing people when making choices about what to buy and as a Noble owner you wonder why they don't choose a Noble every time, but that's because we have chosen this car as it appeals to us personally. It is a bit quirky you must admit, a bit of a mystery, an unknown quantity perhaps as compared to more recognized models/cars, and people feel more comfortable with what they know or think they know (especially when your not technically minded or able!).
cdhoole]lliete said:
Hell, why not just buy a Golf R rather than an F355, it'll be faster and cheaper to run!
To some extent this is my point - they do!
I'd disagreeTo some extent this is my point - they do!
Last time i checked Golf R depreciate (supply outstripping demand)
F355s have doubled over last few years (demand outstripping supply)
olliete said:
I'd disagree
Last time i checked Golf R depreciate (supply outstripping demand)
F355s have doubled over last few years (demand outstripping supply)
Of course that's true but imagine if just half the people buying a Golf R chose to buy F355 also (or try) then price would increase all the more. However they have chosen not to for whatever reason - price, reliability, practicality etc (probably price in this instance). At some point along the way more and more people who would like an F355 drop away because it is becoming less and less tenable. Unfortunately that point in respect of Nobles seems quite low (i.e moderate price increase forces re-think and alternative decision (or so it seems as prices have been very steady for many years).Last time i checked Golf R depreciate (supply outstripping demand)
F355s have doubled over last few years (demand outstripping supply)
Like most people I am perplexed as to why the Noble is so cheap (and it is), but there has to be a reason and my best guess (is as you will have gathered by now), is people think alternatives are more attractive even at this price.
cdhoole said:
Like most people I am perplexed as to why the Noble is so cheap (and it is), but there has to be a reason and my best guess (is as you will have gathered by now), is people think alternatives are more attractive even at this price.
Well I know I'm going to get mud slung at me but one reason could be your own faults - the more you post about your "essential mods" the more people think "kitcar never built properly in the first place"!Just saying
Chapppers said:
Well exactly, most of the recent breed of hot hatches would've just as quick or quicker than a Noble point to point down a B -road, perhaps even on track. Doesn't make the Noble any less enjoyable to drive or own though.
Really? I think the noble in question needs some serious tlc.Gassing Station | Noble | Top of Page | What's New | My Stuff