Prices on the rise?
Discussion
My friend has a beautiful and pristine Tamora and I've always said I'll be the next owner when he's ready to move on. Every now and then, he teases me by sending adverts of very nice but expensive Tam's (£20k+) so this got me looking at Chim values over the summer.
I have to say, it dodn't seem to make good reading - the Chims seemed to be going down (unless they were being sold by Fernies) so I decided to stop watching and wait until it was necessary.
Bored today, I had a quick look on PH and AT and I'm pleased to say prices seem to be on the up again, with some later low mileage (27k) cars reaching almost a £20k ask.
Did anyone else notice this blip or was it just me?
I have to say, it dodn't seem to make good reading - the Chims seemed to be going down (unless they were being sold by Fernies) so I decided to stop watching and wait until it was necessary.
Bored today, I had a quick look on PH and AT and I'm pleased to say prices seem to be on the up again, with some later low mileage (27k) cars reaching almost a £20k ask.
Did anyone else notice this blip or was it just me?
Ah, well yes - admittedly there aren't many 27k cars. I was highlighting the upper end.
The thing is though, when I was looking during the summer, even these lower mileage cars weren't stretching (being advertised) much beyond £15k - £16k (Fernies excepted).
That said, there were a lot of cars which were "in need of love" around too, mostly sub £7k which maybe dragged the others down.
It's just nice to know these cars are still holding their own.
Whoever bought yours seems to have bagged themselves a steal, sorry to hear that.
The thing is though, when I was looking during the summer, even these lower mileage cars weren't stretching (being advertised) much beyond £15k - £16k (Fernies excepted).
That said, there were a lot of cars which were "in need of love" around too, mostly sub £7k which maybe dragged the others down.
It's just nice to know these cars are still holding their own.
Whoever bought yours seems to have bagged themselves a steal, sorry to hear that.
With Fernie's continuing to be a dominant player in the market they're going to drive prices as hard as possible for obvious reasons.
We all know that the large quantity of Chims out there tends to keep pricing lower but there does seem to be an improvement in pricing for well-sorted, original, good condition cars - with the 500 doing particularly well. I see that Neil Garner is advertising a late 500 at c£22K. If this figure is achieved, that will be pretty impressive.
We all know that the large quantity of Chims out there tends to keep pricing lower but there does seem to be an improvement in pricing for well-sorted, original, good condition cars - with the 500 doing particularly well. I see that Neil Garner is advertising a late 500 at c£22K. If this figure is achieved, that will be pretty impressive.
JimTC said:
With Fernie's continuing to be a dominant player in the market they're going to drive prices as hard as possible for obvious reasons.
We all know that the large quantity of Chims out there tends to keep pricing lower but there does seem to be an improvement in pricing for well-sorted, original, good condition cars - with the 500 doing particularly well. I see that Neil Garner is advertising a late 500 at c£22K. If this figure is achieved, that will be pretty impressive.
Condition is the main thing with these cars. Once the Flea bay and lower end cars start to disappear, mainly because they have rotting chassis, then hopefully the good examples including the 4litre models will rise in value. We all know that the large quantity of Chims out there tends to keep pricing lower but there does seem to be an improvement in pricing for well-sorted, original, good condition cars - with the 500 doing particularly well. I see that Neil Garner is advertising a late 500 at c£22K. If this figure is achieved, that will be pretty impressive.
mark
it won't take long, 2-4 years is my guess. One factor is that the market now is filling up with electronic nannycars with paddleshifts. I'm guessing an increasing number of people will be seeking more manual brutish cars... the chim/griff is a youngtimer, soon to be classic 
The other factor is new TVR. If they release a car that works and looks awesome, it will reflect positively on the older cars, increasing demand.
Demand is the only thing that can drive the price up!
The other factor is new TVR. If they release a car that works and looks awesome, it will reflect positively on the older cars, increasing demand.
Demand is the only thing that can drive the price up!
I have just been helping a new TVRCC member look for a Chimaera. What I saw at dealer prices for between £10 and £12K were truly shocking, so a good car should in theory fetch good money. Looking at my own car in comparison I don't think I will lose any money on it. I certainly got the impression things are firming up.
Excellent news then!
Selfishly, I look forward to the lower end cars disappearing and helping to shove the priced upwards for the better cars but at the same time, it would be such a shame to see so many examples go unloved and fall by the wayside.
I'd actually prefer prices to stay constant and all cars remain but I guess that's never going to happen.
Selfishly, I look forward to the lower end cars disappearing and helping to shove the priced upwards for the better cars but at the same time, it would be such a shame to see so many examples go unloved and fall by the wayside.
I'd actually prefer prices to stay constant and all cars remain but I guess that's never going to happen.
FastRich said:
Excellent news then!
Selfishly, I look forward to the lower end cars disappearing and helping to shove the priced upwards for the better cars but at the same time, it would be such a shame to see so many examples go unloved and fall by the wayside.
I'd actually prefer prices to stay constant and all cars remain but I guess that's never going to happen.
I for one can't wait to see these poorly maintained cars disappear as they are death traps waiting to happen. Selfishly, I look forward to the lower end cars disappearing and helping to shove the priced upwards for the better cars but at the same time, it would be such a shame to see so many examples go unloved and fall by the wayside.
I'd actually prefer prices to stay constant and all cars remain but I guess that's never going to happen.
portzi said:
I for one can't wait to see these poorly maintained cars disappear as they are death traps waiting to happen.
To be clear, what I meant was, I'd prefer the "death traps" as you call them to be properly maintained, restored where necessary and loved so they're kept in circulation. The more people enjoying these cars, the better!Sadly, as we learnt from the scrappage scheme debacle, some cars are either too far gone or have owners lacking in funds/time/knowhow to sort them out.
FastRich said:
portzi said:
I for one can't wait to see these poorly maintained cars disappear as they are death traps waiting to happen.
To be clear, what I meant was, I'd prefer the "death traps" as you call them to be properly maintained, restored where necessary and loved so they're kept in circulation. The more people enjoying these cars, the better!Sadly, as we learnt from the scrappage scheme debacle, some cars are either too far gone or have owners lacking in funds/time/knowhow to sort them out.
. If your buying a any TVR on the cheap, there's a reason why its cheap, and as you have eluded if you haven't got the know how or funds to get the car safe for the road then that person really should not be buying one. Mark
phazed said:
Trouble is, how many 27K cars are there out there?
Mr average gas a 50-150K mile car so even though they may be good you'll get what people are prepared to pay.
Sold my standard looking but fully sorted genuine 300 bhp 4.6 a few months ago for £9,500 and that took a while to sell.
He loves it so much he's trying to sell it at 3k profit. A bit cheeky.....Mr average gas a 50-150K mile car so even though they may be good you'll get what people are prepared to pay.
Sold my standard looking but fully sorted genuine 300 bhp 4.6 a few months ago for £9,500 and that took a while to sell.
portzi said:
FastRich said:
portzi said:
I for one can't wait to see these poorly maintained cars disappear as they are death traps waiting to happen.
To be clear, what I meant was, I'd prefer the "death traps" as you call them to be properly maintained, restored where necessary and loved so they're kept in circulation. The more people enjoying these cars, the better!Sadly, as we learnt from the scrappage scheme debacle, some cars are either too far gone or have owners lacking in funds/time/knowhow to sort them out.
. If your buying a any TVR on the cheap, there's a reason why its cheap, and as you have eluded if you haven't got the know how or funds to get the car safe for the road then that person really should not be buying one. Mark
If I hadn't on the off chance seen it down the side road it was in, it would have just rotted away as the guy admitted he'd got too fat to drive it and it needed too much work.
£600 in parts and it's on the road.
I agree, these rare beasts should never be neglected and forgotten.
Edited by caduceus on Friday 7th November 22:30
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