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viz

Original Poster:

35 posts

48 months

[news] 
Sunday 29th July 2012 quote quote all
Just been chatting with my insurance broker about the value of my Sagaris. It's going into the paintshop this week and going to come out a lovely white followed by orange leather interior. The history is fine and it's just turned 25k on a 05. I'm saying the value COULD be 60k by the end of the year and this is what i want it insured for. Anyone think i'm being unresonable?

Ta

Viz

alex_gray255

3,046 posts

74 months

[news] 
Sunday 29th July 2012 quote quote all
No. Most reasonable.

kmpowell

804 posts

97 months

[news] 
Sunday 29th July 2012 quote quote all
Not a chance. Current values above £50k are for totally original low mileage unmolested cars. You're spraying it an unoriginal (to the Sagaris) colour that's going/now out of fashion, along with what sounds a bit of an iffy coloured interior.

I think in the current market you'd really struggle to get anywhere near £50k, more like £45k if you're lucky. By the end of the year I can't see that changing, it might even be worth less if there are original cars on the market for that money.



Edited by kmpowell on Sunday 29th July 16:06

Englishman

874 posts

79 months

[news] 
Sunday 29th July 2012 quote quote all
Agreed. Mine is a totally original one owner car in mint condition just valued at £45K for agreed value insurance purposes.

natben

2,122 posts

100 months

[news] 
Sunday 29th July 2012 quote quote all
White exterior and Orange interior will not be to everyones taste so might be limiting the number of potential future purchasers, soI would also go with mid £40k. Now choose another exterior and interior combo and this may well go up!!
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viz

Original Poster:

35 posts

48 months

[news] 
Sunday 29th July 2012 quote quote all
Ok,

Thanks for your feedback. So you are saying i'd be lucky to get £45k respraying white with new interior? Surely thats what it must be worth in an unmolested condition as it is now? Excellent history lots of receipts etc. So i'm actually harming the value not enhancing it!

From a shear supply and demand point of view if someone was selling tonight why wouldn't they put it on At £48-49k, there's only 2 up for sale. You'd be under cutting the top price and as long as it wasn't a CAT D, you could justify a price tag >£41,500.

Very interesting replies!

Ta

natben

2,122 posts

100 months

[news] 
Sunday 29th July 2012 quote quote all
Viz, your probably right your car will be worth £45k+ at the moment but I do not think the new colour combo will add that much value as white and orange will not be to everyones taste.
G.

SAGTAFF

380 posts

83 months

[news] 
Sunday 29th July 2012 quote quote all
natben said:
Viz, your probably right your car will be worth £45k+ at the moment but I do not think the new colour combo will add that much value as white and orange will not be to everyones taste.
G.
.......and not original. As stated by someone above, high values are for original low milers

crimbo

899 posts

97 months

[news] 
Sunday 29th July 2012 quote quote all
I would of thought you would have no problem getting a qoute just above 50,000, get it valued get it insured, then if prices go up a little just alter your policy to suit

viz

Original Poster:

35 posts

48 months

[news] 
Sunday 29th July 2012 quote quote all
It's insured with Chubb but the value isn't right at the moment and they want a formal valuation. I think it's something in the region of £34,000 insured value at the moment which i think is a bit out. Can i pay for someone to value it over the telephone does anyone know?? I'm really disappointed that white is going to cock the value up. If i had it put back to silver if i was going to sell it does that still count as original?

Welshbeef

13,059 posts

67 months

[news] 
Sunday 29th July 2012 quote quote all
viz said:
It's insured with Chubb but the value isn't right at the moment and they want a formal valuation. I think it's something in the region of £34,000 insured value at the moment which i think is a bit out. Can i pay for someone to value it over the telephone does anyone know?? I'm really disappointed that white is going to cock the value up. If i had it put back to silver if i was going to sell it does that still count as original?
Full body respray in guessing is thick end of £4-6k so doing it twice £8-12k and your worried about its value....

Standard cars with low milage full main dealer service history in concours condition will always fetch top £ regardless of make or model.
If you repaired it it's original colour that would improve your cars value from before the paint Job to after.


Another thing is with the insurance valuations is as you say they will value it what they believe it's worth or use a proper valued. If your car was ever written off you could then reject the cash offer highlighting it's physically impossible to buy the car for anything less than £XK and a cat d example is already £8k over your offer.

Legacywr

4,052 posts

57 months

[news] 
Sunday 29th July 2012 quote quote all
Advice/facts I picked up when I was buying mine were that, a change of colour will not have a negative effect on the value of a Sagaris(unlike most collectable cars!) Str8SIX sold a repainted car for around £52500 IIRC! And, having seen Don1's car on Friday I expect he has added to the value of his!

But when it came to the interior, it seems most people want the interior as black as possible!

If white works on a Sag it wont adversly effect the value! But, if it doesn't......

Don1

8,997 posts

77 months

[news] 
Sunday 29th July 2012 quote quote all
I'm having a little conversation with my insurers about this - they have said they would be happy to accept a 'letter of value' from a dealer, and they would go from there.

(Which reminds me, I need to follow that dealer up!)

But thank you - I like to think that mine is a version now of how TVR would have liked to have put them out. biggrin

viz

Original Poster:

35 posts

48 months

[news] 
Sunday 29th July 2012 quote quote all
Well i'm planning to drop it off friday this week to be sprayed white. Quite a clean white, not pearl or that yellowy white crap. I was trying to stay away from the cascade colours. Don't get me wrong i think they are great and i've got the cash but i wanted something plain but that really stood out.

Interior wise, i can change it.

DonkeyApple

12,035 posts

38 months

[news] 
Sunday 29th July 2012 quote quote all
viz said:
Well i'm planning to drop it off friday this week to be sprayed white. Quite a clean white, not pearl or that yellowy white crap. I was trying to stay away from the cascade colours. Don't get me wrong i think they are great and i've got the cash but i wanted something plain but that really stood out.

Interior wise, i can change it.
It's a Sag. White with an orange interior will look good. Id go for a burnt orange than a bright one.

I don't think Don has devalued his painting it brown. wink

Don1

8,997 posts

77 months

[news] 
Sunday 29th July 2012 quote quote all
That's British Racing Brown to you! biggrin

DonkeyApple

12,035 posts

38 months

[news] 
Sunday 29th July 2012 quote quote all
Don1 said:
That's British Racing Brown to you! biggrin
My mistake. Is it a Leyland colour? biggrin

Welshbeef

13,059 posts

67 months

[news] 
Sunday 29th July 2012 quote quote all
Got to ask why is the Cerbera so lowly valued £ wise vs the other TVRs?? I don't get it they are all great cars but why the vast gap in values?

I mean best Sagaris £55k and you can pick up a tidy Cerbera 4.5 v8 for £10k ish there is no way the Sagaris is worth over five times as good??

DonkeyApple

12,035 posts

38 months

[news] 
Sunday 29th July 2012 quote quote all
Welshbeef said:
Got to ask why is the Cerbera so lowly valued £ wise vs the other TVRs?? I don't get it they are all great cars but why the vast gap in values?

I mean best Sagaris £55k and you can pick up a tidy Cerbera 4.5 v8 for £10k ish there is no way the Sagaris is worth over five times as good??
Ten times as many built and up to ten years older?

There is also a noteable development gap between the two models.

Welshbeef

13,059 posts

67 months

[news] 
Sunday 29th July 2012 quote quote all
DonkeyApple said:
Welshbeef said:
Got to ask why is the Cerbera so lowly valued £ wise vs the other TVRs?? I don't get it they are all great cars but why the vast gap in values?

I mean best Sagaris £55k and you can pick up a tidy Cerbera 4.5 v8 for £10k ish there is no way the Sagaris is worth over five times as good??
Ten times as many built and up to ten years older?

There is also a noteable development gap between the two models.
Makes sense. Though no v8 from the factory imagine a Sagaris with a AJP 5ltr v8...
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