Thinking about a Chim

Thinking about a Chim

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petrolveins

Original Poster:

1,780 posts

173 months

Thursday 5th March 2015
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Hello All,

Not ventured into these parts before. I've just sold my M5 and my 540i is about to go too. Before that I had a decatted very noisy little Elise. The Chim as always been on my radar, I looked at ones at Fernhurst and Racing Green before buying the Lotus, I was just nervous about running costs. I now realise that actually the M5 would have cost more to run than a good Chim and with summer around the corner I'm on the hunt. Ideally I will be looking to get two cars, so my budget for the Chim is around £9k or less. The rest to go on a daily. That said I may end up using the Chim as daily for a while.

I'm not looking for a list of buyers tips, searched enough to find those, my main question though is with my budget what am I hoping for? There doesn't seem to be a lot in the classifieds at the moment either, so where should I look? Also should I consider earlier cars with higher mileage or will they be trouble?

Thanks.

Chuffmeister

3,597 posts

137 months

Thursday 5th March 2015
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This will always spark some debate as there are a few that have found some real bargains and vice versa.

I think the general consensus is 'buy now, don't pay later', in that you are better to increase your budget and purchase a good example, rather than a poor example requiring time, money and labour. There is of course always the odd exception.

At this time of year, there may be a few bargains knocking about, but you'll have to look hard and travel far for them. Prices are on the increase generally, even more so because of the approaching summer. There are also more purchasing poor examples for rebuild projects, so I wouldn't get you hopes up for trouble free car at £9k.

I would look at spending more and finding something with a refurbed chassis, recent cam and a good engine. Personally, I wouldn't worry too much about the usual service history over five years ago, unless it is something important, but concentrate on how well the car has been looked after, its overall condition and how it drives.

The other thing is to drive a few and decide on which engine you prefer. Fernhursts is a good place to get an overall feel of the cars.

As for running costs, is you're handy with the spanners, then there is always somebody on here with the answer. I see you're in Surrey, so there will be a few owners not far from you, such as Phazed, that are super helpful and know their stuff.

Edited by Chuffmeister on Thursday 5th March 15:22

ch427

8,951 posts

233 months

Thursday 5th March 2015
quotequote all
I recently found a well looked after 1995 car with outriggers replaced and a good solid chassis for £7500 so they are out there.
It just needed a few little inexspensive jobs doing that were bugging me but now these are ironed out im happy.

JimTC

270 posts

217 months

Thursday 5th March 2015
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And, of course, a lot more 400s out there but, as said earlier, there does seem to be a steady rise in prices for good ones... Fernhurst with 500s at £25K! Top end I know.

petrolveins

Original Poster:

1,780 posts

173 months

Thursday 5th March 2015
quotequote all
Cool thanks guys. I'll see what turns up, there is that green one in London for £9500 that has caught my attention. I did feel by budget was a bit low. Will see what happens.

Milky400

1,960 posts

178 months

Thursday 5th March 2015
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I know this car very well.... I'm not the seller but did own it once...

http://m.ebay.co.uk/itm/231477030487?_mwBanner=1&a...

http://www.caricle.co.uk/detail/Used-1996-TVR-Chim...




shake n bake

2,221 posts

207 months

Thursday 5th March 2015
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Mine was £9500 last May, it's a 450 with 60k, I've spent about 3k on it since then, a huge service, outriggers and lots of bits and bobs. I've also spent half the winter under it scraping old powdercoat off it and repainting it.
There will be those that say a body off lift is essential to guarantee chassis', I disagree, until it fails an mot as it's broken in half somewhere then it's better off tarted up and left in my opinion.
Buy one and enjoy it, it's an event every time you get in.

portzi

2,296 posts

175 months

Thursday 5th March 2015
quotequote all
shake n bake said:
Mine was £9500 last May, it's a 450 with 60k, I've spent about 3k on it since then, a huge service, outriggers and lots of bits and bobs. I've also spent half the winter under it scraping old powdercoat off it and repainting it.
There will be those that say a body off lift is essential to guarantee chassis', I disagree, until it fails an mot as it's broken in half somewhere then it's better off tarted up and left in my opinion.
Buy one and enjoy it, it's an event every time you get in.
I think the main concern of all cars approaching 20 years old is safety; dampners, wishbone bushes, seatbelt anchor points, brakes, and steering the list is endless.


Edited by portzi on Thursday 5th March 21:37

ChilliWhizz

11,992 posts

161 months

Thursday 5th March 2015
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500

Everything else is just a car.

getmecoat

StarmistBlue400

3,029 posts

218 months

Friday 6th March 2015
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Paid £8995 for mine from TopCats with 39K on the clock but was over 2yrs ago.

Look at as many as you can and drive them all. I see you are in Surrey, worth a trip to the TVRCC Berks meet at Bracknell every first Tursday of the month. Lots of Chim owners there. I'm in Reading, happy to take you out in mine.

caduceus

6,071 posts

266 months

Friday 6th March 2015
quotequote all
shake n bake said:
until it fails an mot as it's broken in half somewhere then it's better off tarted up and left in my opinion.
eek

domV8

1,375 posts

181 months

Friday 6th March 2015
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ChilliWhizz said:
500

Everything else is just a car with a more reliable engine.
There - fixed that for you wink

977

448 posts

184 months

Friday 6th March 2015
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Just buy the first one you see - you'll like it so much you'll forgive it almost anything anyway.

davo23

318 posts

152 months

Friday 6th March 2015
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I've just seen one on the tvr buy and sell Facebook group that might be of interest. Don't know the guy selling or the car, but here's a pic. You'll have to ask to join the group I think to get in touch.

gmw9666

2,735 posts

200 months

Friday 6th March 2015
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I know its done 90k but that looks cracking value

davo23

318 posts

152 months

Friday 6th March 2015
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It's been said before but mileage isn't the be and end all. If anything a high mileage shows the cars useable and reliable, I think condition (both cosmetic and mechanical) is most important when determining value.

taylormj4

1,563 posts

266 months

Friday 6th March 2015
quotequote all
If you don't need more than 2 seats and you're not doing high mileage every week, why bother with another car. Spend all your money on the Chimaera, get a good one and spend the rest on getting it sorted.

I've used one as a daily drive for around 14 years. The boot is massive for a sportscar, it's a convertible, sounds awesome, looks great and will put a smile on your face even when it's lashing down with rain (as long as your easy with the right foot!).

petrolveins

Original Poster:

1,780 posts

173 months

Saturday 7th March 2015
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Thanks for all the info folks, I've actually put a deposit on a Jag I'm collecting tomorrow, not quite the same thing, but not enough budget for a Chim too. V8 ticked off in Jag so I can settle for something like an MX-5 for my manual gearbox open top thrills now.

phazed

21,844 posts

204 months

Saturday 7th March 2015
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petrolveins said:
Thanks for all the info folks, I've actually put a deposit on a Jag I'm collecting tomorrow, not quite the same thing, but not enough budget for a Chim too. V8 ticked off in Jag so I can settle for something like an MX-5 for my manual gearbox open top thrills now.
confused

Sardonicus

18,961 posts

221 months

Saturday 7th March 2015
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domV8 said:
There - fixed that for you wink
laugh I was going to say or for old boys that dont like changing gear biggrin