TVR Values

Author
Discussion

jasutton85

Original Poster:

27 posts

112 months

Wednesday 10th December 2014
quotequote all
Just looking for some advice from the PH community

Values seem to have risen over the last few years

What do people anticipate happening moving forwards, as I note the TVR website says they are making a re-emergence

Gazzab

21,091 posts

282 months

Wednesday 10th December 2014
quotequote all
They will continue to rise albeit very slowly IMHO. Some models more than others...
The very limited cars eg Sags and Typhons are still very high prices albeit Sags have levelled out now.
Tend to see less 'cheap' T350s, Tamoras, Chimps and Cerbs than a few years ago.
Original cars in excellent condition with excellent Service history will always be able to command good money IMHO. Thankfully there are plenty of non-original cars and/or poorly presented/maintained cars that help maintain the value of good ones.
I suspect the re-birth of TVR and the new owners commitment to parts etc will likely give confidence to joe public to buy older TVRs (as the new ones are going to be £70K plus in my view).

TA14

12,722 posts

258 months

Wednesday 10th December 2014
quotequote all
Gazzab said:
The very limited cars eg Sags and Typhons are still very high prices
I think that that is a red herring which keeps getting repeated with no evidence. It's never been true; if it were true Tams would be on a par or above the price of a Sag, 500 Chims would fetch more money than 500 Griffs, 350SEs would be worth more than 400SEs, 1600Ms would be worth more than 3000Ms...

Gazzab

21,091 posts

282 months

Wednesday 10th December 2014
quotequote all
TA14 said:
Gazzab said:
The very limited cars eg Sags and Typhons are still very high prices
I think that that is a red herring which keeps getting repeated with no evidence. It's never been true; if it were true Tams would be on a par or above the price of a Sag, 500 Chims would fetch more money than 500 Griffs, 350SEs would be worth more than 400SEs, 1600Ms would be worth more than 3000Ms...
OK replace eg with ie. then its no longer a red herring.
Or replace with very limited AND popular cars....

gmw9666

2,735 posts

200 months

Wednesday 10th December 2014
quotequote all
My view for what its worth (feel free to hammer my views as needed lol)

It's supply and demand......if no one wants a particular model for what ever reason the price remains low

Look at the M's for an example, a few years back they were only loved by a small and loyal few....then a wider audience realized they were a hidden gem / cheap and easy to work on and made a cracking little weekend motor.......so more people bought them......thereby driving the price up.

Added into the mix, as more cars get crashed etc, fewer are on the road so that drives the price up and as many get loved and properly restored, this also drives prices up

As for the top of the price pile.....ie Sags.......they are what, currently around the 50-55k mark??

If the "new" TVR's come in at about 70k ish........that's not a million miles away price wise to 10 year old Sag's..........and if you've got 55k for a Sag you'll probably have 70k for a new TVR

So will the Sag etc owners flood the market to buy new TVR's and would this impact the market price going back to the supply and demand bit?

I guess we'll find out soon enough


gruffalo

7,521 posts

226 months

Wednesday 10th December 2014
quotequote all
Mine is priceless.


Gazzab

21,091 posts

282 months

Wednesday 10th December 2014
quotequote all
gruffalo said:
Mine is priceless.
Mines worth twice that.

msmith0592

299 posts

144 months

Wednesday 10th December 2014
quotequote all
gruffalo said:
Mine is priceless.
I'll give you a million for it?

Brummmie

5,284 posts

221 months

Wednesday 10th December 2014
quotequote all
Mines worthless..

gruffalo

7,521 posts

226 months

Wednesday 10th December 2014
quotequote all
msmith0592 said:
gruffalo said:
Mine is priceless.
I'll give you a million for it?
Not for sale, sorry.

I was at brands earlier in the year with a bunch of mates for a track day and we you have wouldn't you started chatting about which car we would buy if we won the Euro Millions of £150m or more that week, they all made their choices and then looked at me and quite rightly stated "you would keep what you have wouldn't you".


The Surveyor

7,576 posts

237 months

Wednesday 10th December 2014
quotequote all
gmw9666 said:
If the "new" TVR's come in at about 70k ish........that's not a million miles away price wise to 10 year old Sag's..........and if you've got 55k for a Sag you'll probably have 70k for a new TVR

So will the Sag etc owners flood the market to buy new TVR's and would this impact the market price going back to the supply and demand bit?

I guess we'll find out soon enough
This is where the interesting dilemma will come, if / when the new TVR appears and it's priced in the expected 'normal' TVR pricing levels, then those 'new' cars will depreciate (as all new cars do) down to the current 'Sagaris' level after they are a year old say. What then, does that bring down the Sagaris value, or does the renewed popularity of TVR help to bring up the price of those older cars, or does it all just stay the same scratchchin

julian64

14,317 posts

254 months

Wednesday 10th December 2014
quotequote all
Gazzab said:
TA14 said:
Gazzab said:
The very limited cars eg Sags and Typhons are still very high prices
I think that that is a red herring which keeps getting repeated with no evidence. It's never been true; if it were true Tams would be on a par or above the price of a Sag, 500 Chims would fetch more money than 500 Griffs, 350SEs would be worth more than 400SEs, 1600Ms would be worth more than 3000Ms...
OK replace eg with ie. then its no longer a red herring.
Or replace with very limited AND popular cars....
I think the service history comment is wrong as well. My was service early in its life at mole valley. They've been and gone ages ago. No one would know what a genuine mole valley service stamp looked like. You could almost carve out a potatoe and make a better stamp than theirs. Their services were abysmal.

Its so relatively easy to spot a well maintained TVR as opposed to an abused one that to be honest I wouldn't even bother to look in a service book. It wasn't like any of them seemed to even follow the service guide made by TVR. None of them even seemed to have the service guide anyway.

I think it was better to find someone you trusted and stick to whatever they thought was appropiate for the car.

I suspect nowadays people simply buy on condition.

WinstonWolf

72,857 posts

239 months

Wednesday 10th December 2014
quotequote all
I've done all my own servicing, at least I know it's been done properly. My receipts wallet is about 3" thick... I refuse to add up what I've spent on her biggrin

Gazzab

21,091 posts

282 months

Wednesday 10th December 2014
quotequote all
julian64 said:
Gazzab said:
TA14 said:
Gazzab said:
The very limited cars eg Sags and Typhons are still very high prices
I think that that is a red herring which keeps getting repeated with no evidence. It's never been true; if it were true Tams would be on a par or above the price of a Sag, 500 Chims would fetch more money than 500 Griffs, 350SEs would be worth more than 400SEs, 1600Ms would be worth more than 3000Ms...
OK replace eg with ie. then its no longer a red herring.
Or replace with very limited AND popular cars....
I think the service history comment is wrong as well. My was service early in its life at mole valley. They've been and gone ages ago. No one would know what a genuine mole valley service stamp looked like. You could almost carve out a potatoe and make a better stamp than theirs. Their services were abysmal.

Its so relatively easy to spot a well maintained TVR as opposed to an abused one that to be honest I wouldn't even bother to look in a service book. It wasn't like any of them seemed to even follow the service guide made by TVR. None of them even seemed to have the service guide anyway.

I think it was better to find someone you trusted and stick to whatever they thought was appropiate for the car.

I suspect nowadays people simply buy on condition.
It's a potato.
I didnt mean service stamps I meant lots of receipts/history for the car.
I'd like to see that a TVR has had lots of money spent on it over the last 3 or 4 years so that I wasnt stuck with bills for 'everything' within year 1.

Byker28i

59,769 posts

217 months

Wednesday 10th December 2014
quotequote all
gruffalo said:
Not for sale, sorry.

I was at brands earlier in the year with a bunch of mates for a track day and we you have wouldn't you started chatting about which car we would buy if we won the Euro Millions of £150m or more that week, they all made their choices and then looked at me and quite rightly stated "you would keep what you have wouldn't you".
Nah the correct answer is a bigger garage and a few more smile

Walford

2,259 posts

166 months

Wednesday 10th December 2014
quotequote all
Brummmie said:
Mines worthless..
so is mine,

swisstoni

16,984 posts

279 months

Wednesday 10th December 2014
quotequote all
julian64 said:
Gazzab said:
TA14 said:
Gazzab said:
The very limited cars eg Sags and Typhons are still very high prices
I think that that is a red herring which keeps getting repeated with no evidence. It's never been true; if it were true Tams would be on a par or above the price of a Sag, 500 Chims would fetch more money than 500 Griffs, 350SEs would be worth more than 400SEs, 1600Ms would be worth more than 3000Ms...
OK replace eg with ie. then its no longer a red herring.
Or replace with very limited AND popular cars....
I think the service history comment is wrong as well. My was service early in its life at mole valley. They've been and gone ages ago. No one would know what a genuine mole valley service stamp looked like. You could almost carve out a potatoe and make a better stamp than theirs. Their services were abysmal.

Its so relatively easy to spot a well maintained TVR as opposed to an abused one that to be honest I wouldn't even bother to look in a service book. It wasn't like any of them seemed to even follow the service guide made by TVR. None of them even seemed to have the service guide anyway.

I think it was better to find someone you trusted and stick to whatever they thought was appropiate for the car.

I suspect nowadays people simply buy on condition.
Mole Valley are still going and are a Morgan dealer. I don't remember them having a bad rep as a TVR dealer.


Daggsy

892 posts

252 months

Wednesday 10th December 2014
quotequote all
Who cares ?

I bought my first TVR in 1982 because I wanted a TVR.

I will buy my next TVR for the very same reason.

I have owned many different Marques over my driving lifetime and have NEVER bought or worried about 'future values'.

I buy a car because I want that particular car ....... simple.

chris watton

22,477 posts

260 months

Thursday 11th December 2014
quotequote all
[redacted]

Goaty Bill 2

3,407 posts

119 months

Thursday 11th December 2014
quotequote all
swisstoni said:
Mole Valley are still going and are a Morgan dealer. I don't remember them having a bad rep as a TVR dealer.
And they still have a strong interest in TVRs.

I certainly know what their service stamp looks like; I have more than 12 of them.
I had mine serviced there, every 6 or 6 for 6 years from 1999. She always ran well, and ran even better after a service. The car was fully valeted by them every time before it left.
The service manager at the time was brilliant, always took time to chat with customers, and give a full run down on their car and every detail of the work.
They did follow the full service guide, plus a few details of their own, like binning the 100 amp fuse every year.
As a matter of fact, another garage that has done major work on my car still has the manual, and the man follows is scrupulously, though he does seem to know it off by heart now smile

They seemed, in my opinion, to go through a rough patch around the time TVR's problems with the Speed Six started causing real troubles between dealers and TVR.
The service manager left and someone from A N Other associated dealership took over. No idea who was at fault, but standards of customer care seemed to drop, and I stopped going there for quite a while.

By the time the sale / demise of TVR, when the 'replacement manager' was gone, and they had transitioned to being more Noble/Morgan garage, things seemed much better again.
All that is of course ancient history now.

Daggsy said:
Who cares ?

I bought my first TVR in 1982 because I wanted a TVR.

I will buy my next TVR for the very same reason.

I have owned many different Marques over my driving lifetime and have NEVER bought or worried about 'future values'.

I buy a car because I want that particular car ....... simple.
And a particular colour too, from what I can see biggrin

When one's income fits the required budget, all well and good. But I am sure you were automatically taking that into account.
Otherwise, I would tend to agree. Future value didn't enter into it for me (God would I be crying now if it did yikesweeping).


As for the OP's original question.
They are a bloody poor financial investment IMO.
The very best garage queen, low mileage originals are barely making back to their original purchase price in most cases, and that's after spending the money for an annual service without driving it.

If you have money, and want a profit, do something else with it.
If you want fun, without seeing your 'investment' plummeting in value (but will cost you to keep on the road), then you are in the best place.
You don't get much better bang for your buck than a TVR biggrin