Valuation article in Sprint
Discussion
Mr Cerbera said:
Dear All,
Insurance companies are the scum of mankind.
PJ
Errr... I better get another job that's better thought of! Drug Dealer maybe. Insurance companies are the scum of mankind.
PJ
Honestly I just go to work to make a living to put food on the table and shelter for the wife and kids. OK there is a enough left over for a Sagaris, but it has taken me 27 years of working to get it!
Edited by PuffsBack on Sunday 19th July 16:43
PuffsBack said:
Mr Cerbera said:
Dear All,
Insurance companies are the scum of mankind.
PJ
Errr... I better get another job that's better thought off! Drug Dealer maybe. Insurance companies are the scum of mankind.
PJ
Honestly I just go to work to make a living to put food on the table and shelter for the wife and kids. OK there is a enough left over for a Sagaris, but it has taken me 27 years of working to get it!
To lighten the spirits all I will say about Cerbera pricing is... When the new TVRs are released with a cosworth V8 (despite what's said not really true TVR dna as I thought making their own engines was the usp)? at around £60-80k
I can see a well looked after Cerbera S6 or AJP being incredibly good value at £40k ;P
Incognegro said:
Cmon all let's not say or take anything personally!
To lighten the spirits all I will say about Cerbera pricing is... When the new TVRs are released with a cosworth V8 (despite what's said not really true TVR dna as I thought making their own engines was the usp)? at around £60-80k
I can see a well looked after Cerbera S6 or AJP being incredibly good value at £40k ;P
To lighten the spirits all I will say about Cerbera pricing is... When the new TVRs are released with a cosworth V8 (despite what's said not really true TVR dna as I thought making their own engines was the usp)? at around £60-80k
I can see a well looked after Cerbera S6 or AJP being incredibly good value at £40k ;P
I did post in jest, no offence taken PaulSo why is there a good Cerbera in the PH classifieds for £4,700 !!!
http://www.pistonheads.com/classifieds/used-cars/t...
http://www.pistonheads.com/classifieds/used-cars/t...
It's also already on the PH classifieds for £18,999. Clearly someone is trying to take the piss.
http://www.pistonheads.com/classifieds/used-cars/t...
http://www.pistonheads.com/classifieds/used-cars/t...
XK120FHC said:
It's also already on the PH classifieds for £18,999. Clearly someone is trying to take the piss.
http://www.pistonheads.com/classifieds/used-cars/t...
Isn't it up for sale now at what folk on here think good cars are worth? So why taking p??http://www.pistonheads.com/classifieds/used-cars/t...
TVRMs said:
XK120FHC said:
TVRMs said:
Isn't it up for sale now at what folk on here think good cars are worth? So why taking p??
The link I posted is the original ad. The same car up for £4,700 is someone taking the P.Hello Cerb owners again. 
Long time no speak. As there are a number of posts on here by non-club members, I thought I would try and give you an explanation of what has gone wrong with the so-called 'valuation table' in Sprint. This is a copy and paste of what I wrote to Sandy (RFC1) in the absence of an official reply.
"Sandy, having read all this thread and the PH one, I was at first amazed then shocked by some of the comments on here. Last night I nearly vented my frustration with a post but decided to research the article fully first. So, here goes.
The valuation 'table' is contentious, no question, especially the Cerbera values. On page 19 of Sprint there is an example of of a "Vehicle Report & Valuation" which is signed by the club secretary, Mervyn Larner.
This is a specimen and relates to a Chimaera 500, 2001 model, with ticks against bodywork, paint, chassis etc all in the "excellent" column. The "assessment is based on 'Photographic and other Evidence provided by the Owner'".
The following two lines complete the "Vehicle Report & Valuation":
1. I estimate the Replacement Value to be £20,000
2. I certify that I am authorised by the TVR Car Club Ltd to give vehicle valuations
Okay, so using this estimate of a value I then turned to the 'table' on page 21. Using the "excellent" column, the value shown for the above car is £12,500.
In the main article on page 18 there is reference to Parkers and Glass's Guide and "both give fairly accurate valuations."
However, the article also states, "there is also www.webuyanycar.com which dealers often use for a quick check of trade prices." This, I believe, is where the valuations shown are so far wrong.
I have used 'webuyanycar' when I was selling my Aston DB7. They valued the car at £7,000-£8,000. I sold it privately for £18,000.
I used it again when selling a very low mileage, one owner, M3 and it was valued at £6,000. I sold it, again privately, for £12,500.
If the authors of the article, originally by Tony and Michele Hamer and re-written by Ray Harris-Hawkins and Mervyn Larner, have at all relied on, used or considered valuations by webuyanycar then the table will be massively incorrect. This website is not a specialist TVR dealer. It is a company that gives below market values because both it and the traders need a profit from the transaction.
Finally, we all know that when buying a car from a dealer, we are paying far more than a private sale - peace of mind, warranty etc. We also all know (well I sincerely hope we all do!) that the same dealer will offer far less than a private buyer for your car either in part exchange or an outright buy from you. So I believe that far too much emphasis has been placed on the 'trade' and should have been balanced by private sale figures so it should be ignored.
In small print at the foot of the 'table' is this caveat: "Individual cars can be, and often are, outside these figures." I am sure that the club valuer would rate your cars accordingly for insurance purposes."
HTH.
Long time no speak. As there are a number of posts on here by non-club members, I thought I would try and give you an explanation of what has gone wrong with the so-called 'valuation table' in Sprint. This is a copy and paste of what I wrote to Sandy (RFC1) in the absence of an official reply."Sandy, having read all this thread and the PH one, I was at first amazed then shocked by some of the comments on here. Last night I nearly vented my frustration with a post but decided to research the article fully first. So, here goes.
The valuation 'table' is contentious, no question, especially the Cerbera values. On page 19 of Sprint there is an example of of a "Vehicle Report & Valuation" which is signed by the club secretary, Mervyn Larner.
This is a specimen and relates to a Chimaera 500, 2001 model, with ticks against bodywork, paint, chassis etc all in the "excellent" column. The "assessment is based on 'Photographic and other Evidence provided by the Owner'".
The following two lines complete the "Vehicle Report & Valuation":
1. I estimate the Replacement Value to be £20,000
2. I certify that I am authorised by the TVR Car Club Ltd to give vehicle valuations
Okay, so using this estimate of a value I then turned to the 'table' on page 21. Using the "excellent" column, the value shown for the above car is £12,500.
In the main article on page 18 there is reference to Parkers and Glass's Guide and "both give fairly accurate valuations."
However, the article also states, "there is also www.webuyanycar.com which dealers often use for a quick check of trade prices." This, I believe, is where the valuations shown are so far wrong.
I have used 'webuyanycar' when I was selling my Aston DB7. They valued the car at £7,000-£8,000. I sold it privately for £18,000.
I used it again when selling a very low mileage, one owner, M3 and it was valued at £6,000. I sold it, again privately, for £12,500.
If the authors of the article, originally by Tony and Michele Hamer and re-written by Ray Harris-Hawkins and Mervyn Larner, have at all relied on, used or considered valuations by webuyanycar then the table will be massively incorrect. This website is not a specialist TVR dealer. It is a company that gives below market values because both it and the traders need a profit from the transaction.
Finally, we all know that when buying a car from a dealer, we are paying far more than a private sale - peace of mind, warranty etc. We also all know (well I sincerely hope we all do!) that the same dealer will offer far less than a private buyer for your car either in part exchange or an outright buy from you. So I believe that far too much emphasis has been placed on the 'trade' and should have been balanced by private sale figures so it should be ignored.
In small print at the foot of the 'table' is this caveat: "Individual cars can be, and often are, outside these figures." I am sure that the club valuer would rate your cars accordingly for insurance purposes."
HTH.
N7GTX said:
"Sandy, having read all this thread and the PH one, I was at first amazed then shocked by some of the comments on here.
Not really sure why, you have written total garbage and printed it, in the only "official" Magazine.N7GTX said:
The valuation 'table' is contentious, no question, especially the Cerbera values.
Not really "contentious" more, made up.N7GTX said:
Okay, so using this estimate of a value I then turned to the 'table' on page 21. Using the "excellent" column, the value shown for the above car is £12,500.
In the main article on page 18 there is reference to Parkers and Glass's Guide and "both give fairly accurate valuations."
However, the article also states, "there is also www.webuyanycar.com which dealers often use for a quick check of trade prices." This, I believe, is where the valuations shown are so far wrong.
Again not really true is it......In the main article on page 18 there is reference to Parkers and Glass's Guide and "both give fairly accurate valuations."
However, the article also states, "there is also www.webuyanycar.com which dealers often use for a quick check of trade prices." This, I believe, is where the valuations shown are so far wrong.
We all know webuyanycar is the worst place for us to sell a car, that comes as no surprise, so with that in mind I went onto we buy any car and put both of mine in.
Cerbera first, remember on your price guide you have the Cerb down as £14000.00
Now the really interesting thing, the Chimaera, you have this down as £18000.00
Makes you look even more ridiculous than before
Parkers Guide for these cars (which is what you have called "fairly accurate valuations")
Franchised Dealer (so the highest bracket)
Cerbera £13574
Chimaera £12025
Griffith £16730
Tuscan S £11350
All of the prices above are based on 2002 cars.
I really really don't know where on earth you pulled your figures from but it wasn't Parkers, webuyanycar or PH
Shocking, absolutely shocking.
TheRainMaker said:
N7GTX said:
"Sandy, having read all this thread and the PH one, I was at first amazed then shocked by some of the comments on here.
Not really sure why, you have written total garbage and printed it, in the only "official" Magazine.N7GTX said:
The valuation 'table' is contentious, no question, especially the Cerbera values.
Not really "contentious" more, made up.N7GTX said:
Okay, so using this estimate of a value I then turned to the 'table' on page 21. Using the "excellent" column, the value shown for the above car is £12,500.
In the main article on page 18 there is reference to Parkers and Glass's Guide and "both give fairly accurate valuations."
However, the article also states, "there is also www.webuyanycar.com which dealers often use for a quick check of trade prices." This, I believe, is where the valuations shown are so far wrong.
Again not really true is it......In the main article on page 18 there is reference to Parkers and Glass's Guide and "both give fairly accurate valuations."
However, the article also states, "there is also www.webuyanycar.com which dealers often use for a quick check of trade prices." This, I believe, is where the valuations shown are so far wrong.
We all know webuyanycar is the worst place for us to sell a car, that comes as no surprise, so with that in mind I went onto we buy any car and put both of mine in.
Cerbera first, remember on your price guide you have the Cerb down as £14000.00
Now the really interesting thing, the Chimaera, you have this down as £18000.00
Makes you look even more ridiculous than before
Parkers Guide for these cars (which is what you have called "fairly accurate valuations")
Franchised Dealer (so the highest bracket)
Cerbera £13574
Chimaera £12025
Griffith £16730
Tuscan S £11350
All of the prices above are based on 2002 cars.
I really really don't know where on earth you pulled your figures from but it wasn't Parkers, webuyanycar or PH
Shocking, absolutely shocking.
I HAD NOTHING TO DO WITH THAT ARTICLE, ABSOLUTELY NOTHING. I was merely commenting as a club member on something I saw was wrong, just like you. We ARE on the same side!!!
Sandy was asking for reassurance and an explanation but that has not been forthcoming and I was taking the time to put my opinion on the article in the hope of showing WHY the prices were too low.
(Some of the comments by club members were a disgrace to the club but apologies have been made and accepted. We move on.)
The specimen valuation shows the 2001 Chimaera as £20k by the club valuer. The table gives £12.5k. In the SAME article too!
As both you and I have shown, the webuyanycar website is vastly undervaluing every car, not just TVRs. This is where I believe the errors have been made in placing too much reliance on trade figures. In the absence of the person responsible for the table owning up or explaining and making an apology, then this is the result.
I did not write the article. I have nothing to do with the article. End of.
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