Valuation article in Sprint

Valuation article in Sprint

Author
Discussion

ackbullchang

270 posts

209 months

Thursday 16th July 2015
quotequote all
I think Mandy or Dave need to justify themselves. I can't see how the Editor or Deputy Editor can let something so fundamentally incorrect be published in a magazine that is dedicated to supporting the TVR Brand; it really is taking the piss to suggest that a "variety of sources" would suggest this range - publicise the workings so we can scrutinise please. I bet STR8SIX are really questioning their valuation of the RR Cerb now. Not!

pjac67

2,040 posts

251 months

Thursday 16th July 2015
quotequote all
I think alot of them are way off the mark and could be a result of relying on 'webuyanycar.com' (referenced at the start of the article) resulting in close to trade prices. Having said that they are still off the mark for trade !

eg 'Fair' condition prices - SEAC for £6k anyone ?, 3000S for £5k, Tuscan V6 for £5.5k .... please form an orderly queue....

RichV6

383 posts

206 months

Thursday 16th July 2015
quotequote all
ackbullchang said:
I think Mandy or Dave need to justify themselves. I can't see how the Editor or Deputy Editor can let something so fundamentally incorrect be published in a magazine that is dedicated to supporting the TVR Brand; it really is taking the piss to suggest that a "variety of sources" would suggest this range - publicise the workings so we can scrutinise please. I bet STR8SIX are really questioning their valuation of the RR Cerb now. Not!
15 to 37k on PH and 16 to 29k on Ebay, what is it about cerbs that make the TVR community look down their noses at them? I agree with the above statement, TVR car club please justify the valuation.

Byker28i

58,831 posts

216 months

Thursday 16th July 2015
quotequote all
Who wrote the article?
(not got my sprint yet)

philipbrown123

406 posts

116 months

Thursday 16th July 2015
quotequote all
Surely the sprint magazine should be the DEFINITIVE reference point for values. They should not be considering 'we buy any car.com' or other websites etc

TheRainMaker

6,302 posts

241 months

Thursday 16th July 2015
quotequote all
Gave up on sprint and the cc years ago, what a joke, all you need to do is look in the classifieds on here to know it's garbage.

Cerbera

4.5 RR £37000.00
4.5 £27995.00
4.5 £25995.00

Tuscan

4.0 £39995.00
4.0 £39995.00
4.0 £37995.00





Jhonno

5,762 posts

140 months

Thursday 16th July 2015
quotequote all
RichV6 said:
ackbullchang said:
I think Mandy or Dave need to justify themselves. I can't see how the Editor or Deputy Editor can let something so fundamentally incorrect be published in a magazine that is dedicated to supporting the TVR Brand; it really is taking the piss to suggest that a "variety of sources" would suggest this range - publicise the workings so we can scrutinise please. I bet STR8SIX are really questioning their valuation of the RR Cerb now. Not!
15 to 37k on PH and 16 to 29k on Ebay, what is it about cerbs that make the TVR community look down their noses at them? I agree with the above statement, TVR car club please justify the valuation.
Jealousy..? whistle

alex_gray255

6,313 posts

204 months

Thursday 16th July 2015
quotequote all
ackbullchang said:
I think Mandy or Dave need to justify themselves. I can't see how the Editor or Deputy Editor can let something so fundamentally incorrect be published in a magazine that is dedicated to supporting the TVR Brand; it really is taking the piss to suggest that a "variety of sources" would suggest this range - publicise the workings so we can scrutinise please. I bet STR8SIX are really questioning their valuation of the RR Cerb now. Not!
Chill out, mate. Its not the end of the world biggrin

No one's perfect and mistakes will happen. The rest of the figures look fairly reasonable
and as we all know the sort of correct ball park anyway, then no real harm done...

FarmyardPants

4,099 posts

217 months

Thursday 16th July 2015
quotequote all
RFC1 said:
Having now got my copy of sprint, i can confirm that it is no typo error.
Cerbs are valued as below.

Concours £14000

excellent £11500

good £9000

fair £6750.
What a load of dog st.

I would say (although there are many variables)

Concours £40K+ (moot as none exist wink)
Excellent £26K
Good £19K
Fair £13K

All of these were about £3K lower about 3 years ago.

ackbullchang

270 posts

209 months

Thursday 16th July 2015
quotequote all
alex_gray255 said:
Chill out, mate. Its not the end of the world biggrin

No one's perfect and mistakes will happen. The rest of the figures look fairly reasonable
and as we all know the sort of correct ball park anyway, then no real harm done...
I'm chilled smile I don't own a Cerb nor intend to buy one. I know that the TVR CC aren't paid, and it's a thankless task at times, but it grates when over the last decade, they've almost acted as a guardian of the brand imo, then publishing something so blatantly incorrect, undermines what their core values appear to be.

I actually think the intention behind a valuation guide is a decent idea, but surely the research could be better. Why devalue the brand, in the official club publication, when a bit of research would have surely shown values to be in a totally different range. I personally would like to see where the numbers came from.

harry henderson

358 posts

107 months

Thursday 16th July 2015
quotequote all
I've never heard of Sprint before, I'm assuming it's the club magazine. It's of no importance to me what a couple of people value my pride and joy at, I'll never sell it anyway. Just as long as you can't buy the magazine off the shelf it won't make it to 99.9% of the population and so the usual couch experts won't be telling you your car is worth f##k all at the petrol station, you know the guys, they've all got a mate who has a TVR that is always blowing up, they just can't remember the model or the mates name.

esso

1,849 posts

216 months

Thursday 16th July 2015
quotequote all
...I would hazard a guess that the Cerb valuation was done by a jealous Griff owner.....just look at the Griff valuation!.....its a joke.

macdeb

8,492 posts

254 months

Thursday 16th July 2015
quotequote all
A car is worth what it 'sells' for, not what it's 'up' for. As for the club article I think it helps people and lets face it, was always going to offend someone. hippy

Gazzab

21,061 posts

281 months

Thursday 16th July 2015
quotequote all
macdeb said:
A car is worth what it 'sells' for, not what it's 'up' for. As for the club article I think it helps people and lets face it, was always going to offend someone. hippy
Got to disagree..a car is arguably worth what it sells for albeit this is an inaccurate set of numbers that serves to mislead and helps no one. It wouldn't "offend" if it was accurate. They would have been better off just asking a few experts rather fishing in a bran tub whilst wearing a blindfold. Just serves to remind me why I let myembership lapse back in 1999.

ackbullchang

270 posts

209 months

Thursday 16th July 2015
quotequote all
Well despite the TvR CC article, I believe that the Str8six Cerb, advertised at £37k has sold. Make of that what you will about the Sprint upper Cerb valuations!

Byker28i

58,831 posts

216 months

Friday 17th July 2015
quotequote all
Byker28i said:
Who wrote the article?
(not got my sprint yet)
esso said:
...I would hazard a guess that the Cerb valuation was done by a jealous Griff owner.....just look at the Griff valuation!.....its a joke.
As I said above - who wrote the article - still not got my Sprint...

V8 GRF

7,294 posts

209 months

Friday 17th July 2015
quotequote all
The author doesn't 'do' PH so I'm posting the following comments on his behalf:




1. The views/opinions are those of the writer(s) of the article, not the editor(s).

2. One of the points of the article was to encourage discussion & debate about the value of TVRs as the values of many classics are changing/increasing rapidly.

3. When values in monthly classic car magazines are viewed the values of many TVRs are often below those of other classics. Is this correct and is it a true picture of what’s happening in the market?

4. At the bottom of the Sprint values table there is a caveat. Average quoted values are just that and each individual car has to be judged by the seller and buyer until an agreement is made.

5. I expected the table of “values” to cause some debate, particularly of Cerbera V8s. A regular dealer told me that they were becoming harder to sell as buyers were cautious about the parts supply and support for the V8 engine. He may or may not be correct! Buyers seem to feel the there is good support for S6 engines even though they had a rocky early few years.

6. In the year since the Club has re-introduced agreed values only one Club member has query his valuation and it was increased when further information was supplied.

7. No Club Agreed Value has been queried or refused by any insurance broker/company. Valuations have ranged from low thousands into six-figures.



Please read these comments fully and while it's fine posting extreme examples such as the Str8six car it's clear that Cerberas are indeed undervalued in the market and I think comment 5 is rather telling.

By the way it's nice that people think that both Mandy and I should be 'experts' in everything TVR related but that's clearly not possible and that is why we have specialist model editors and feature articles written by folk with knowledge of a particular area. Hence this piece was extensively researched and based on advice obtained from those involved in the selling of the cars rather than the impassioned/biased opinions of owners of particular models.

The piece was intended as a guide not a de-facto analysis of the market which as we all know is fluid and indeed the table is merely a footnote to a much more in-depth piece about how to go about ascertaining the value of your car for both insurance and sales purposes.

TheRainMaker

6,302 posts

241 months

Friday 17th July 2015
quotequote all
"doesn't do PH"

Hmm maybe he should look at the classifieds once in a while.....

The AVERAGE price of a Cerb is around £19500.00 on here at the moment.

SO far of the mark it's just ridiculous.

Edited by TheRainMaker on Friday 17th July 09:41

spitfire4v8

3,990 posts

180 months

Friday 17th July 2015
quotequote all
What a load of absolute tosh.

spitfire4v8

3,990 posts

180 months

Friday 17th July 2015
quotequote all
V8 GRF said:
The author doesn't 'do' PH so I'm posting the following comments on his behalf:




1. The views/opinions are those of the writer(s) of the article, not the editor(s).

2. One of the points of the article was to encourage discussion & debate about the value of TVRs as the values of many classics are changing/increasing rapidly.

3. When values in monthly classic car magazines are viewed the values of many TVRs are often below those of other classics. Is this correct and is it a true picture of what’s happening in the market?

4. At the bottom of the Sprint values table there is a caveat. Average quoted values are just that and each individual car has to be judged by the seller and buyer until an agreement is made.

5. I expected the table of “values” to cause some debate, particularly of Cerbera V8s. A regular dealer told me that they were becoming harder to sell as buyers were cautious about the parts supply and support for the V8 engine. He may or may not be correct! Buyers seem to feel the there is good support for S6 engines even though they had a rocky early few years.

6. In the year since the Club has re-introduced agreed values only one Club member has query his valuation and it was increased when further information was supplied.

7. No Club Agreed Value has been queried or refused by any insurance broker/company. Valuations have ranged from low thousands into six-figures.



Please read these comments fully and while it's fine posting extreme examples such as the Str8six car it's clear that Cerberas are indeed undervalued in the market and I think comment 5 is rather telling.

By the way it's nice that people think that both Mandy and I should be 'experts' in everything TVR related but that's clearly not possible and that is why we have specialist model editors and feature articles written by folk with knowledge of a particular area. Hence this piece was extensively researched and based on advice obtained from those involved in the selling of the cars rather than the impassioned/biased opinions of owners of particular models.

The piece was intended as a guide not a de-facto analysis of the market which as we all know is fluid and indeed the table is merely a footnote to a much more in-depth piece about how to go about ascertaining the value of your car for both insurance and sales purposes.
Quoted for the LMFAO factor hehe