TVR to take deposits in 6 days time ....

TVR to take deposits in 6 days time ....

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Discussion

V8 GRF

7,294 posts

210 months

Tuesday 7th July 2015
quotequote all
Byker28i said:
Nothing on the website yet...
All based on the email sent to folk who'd registered for information and it said teh list was opening at 12pm mid-day today so I'm guessing that's when the website will be updated.


Lotus E300S

339 posts

112 months

Tuesday 7th July 2015
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DonkeyApple said:
julian64 said:
Well because whats holding the price of saggies up. It must be the fact that its the last TVR produced by the company before it died.

In any other respect its got the same engine as tams, tuscans, and T350s and some cerbs so is no faster. Its got a better chassis for cornering but its no lotus. And its four times the price of almost any other TVR out there perhaps more.

What do you think has been justifying its price over other TVRs?

What do we think will happen if it no longer has the title of last TVR produced?
I think it's more the case that the others are far too cheap and if there is a new TVR and it sells then it'll be the catalyst for these models to move up. The more succesful this new car is and the more it brings new blood into the ownership fold then the more demand for the older models.
Have to agree with Mr DonkeyApple again and the Sag is certainly on a par with a Exige in terms of cornering and I should know as I own both,
Another thing going for it is build numbers around 200 built compared with a Cerbera with 2000+ built, also if you drive a Sagaris back to back with a Cerb the Sagaris is far better in every department.

The Sagaris along with the Typhon are the Blackpool halo cars both built in limited numbers and this alone will keep prices climbing and if not I'm still smiling as I own a Sagaris.

Back to Tvr maybe a factory visit (if one built) for potential customers would help with deposits.

PuffsBack

2,430 posts

225 months

Tuesday 7th July 2015
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"also if you drive a Sagaris back to back with a Cerb the Sagaris is far better in every department"

Hmmm thats stretching the truth a little. I can think of a few times I perferred to take the Cerb rather than the Sag

Edited by PuffsBack on Tuesday 7th July 09:23

pole

322 posts

214 months

Tuesday 7th July 2015
quotequote all
It is strange that PH and the TVRCC have published info on TVR taking deposits, but still nothing on the TVR website re deposits.
I registered with TVR too ages ago for updates on the brand and only received the e mail regarding the new vehicles back in June.

Lotus E300S

339 posts

112 months

Tuesday 7th July 2015
quotequote all
pole said:
It is strange that PH and the TVRCC have published info on TVR taking deposits, but still nothing on the TVR website re deposits.
I registered with TVR too ages ago for updates on the brand and only received the e mail regarding the new vehicles back in June.
I received e mail last night regarding deposits



Dear TVR Fan,

We are writing to you to let you know that we will be officially opening the waiting list for the new TVR car at midday tomorrow, 7th July. This has been brought forward as as a direct result of the incredibly high level of interest which we have received since we announced our return to production in partnership with Gordon Murray and Cosworth.
The purpose of the deposit scheme is twofold; to help us plan our initial production quantities, and also to allow people who are genuinely interested in what is definitely the most hotly anticipated new sportscar in a decade to book a slot in the queue.

To ensure you will get your car early, we suggest that you place your deposit as soon as possible!

If you are a TVR car club member, you will benefit from a reduced deposit requirement - £2,500.00 as opposed to £5,000.00 (the retail price of the car will be the same for all who place their deposit with us). Please note that you must be a current TVR car club member, and have been for at least the previous 6 months, in order to qualify for the reduced deposit scheme. Please also note that the reduced deposit initiative lasts only until the end of July 2015.

At this stage, we are not releasing further details of the new 2017 TVR (codenamed T37), beyond that released in the press and on our website to date. This is not because that detail is as yet undetermined, rather because we will only announce specifications when we are 100% confident in their accuracy – this has always been our policy. However, we will be releasing details as they are confirmed via our website, through the motoring press and, of course, by email to everybody who has registered for information on the new car. Also, you can now follow us on twitter @TVR.

All deposits are fully refundable, should you change your mind. All we ask is that if you choose to place a deposit, you do so in good faith. We will let you know well in advance when specifications and pricing are finalised, at which point you will be asked to confirm your formal order - and at which point the deposit will become non-refundable in the usual way. Further FAQ's are answered in the NOISE section of our website at www.tvr.co.uk/noise

You can place your deposit either online at www.tvr.co.uk or by telephoning our deposit line on 0330 120 0032 – but please note that no further details of the car will be available on the deposit line!

If you have any questions regarding the deposit system please send us an email to enquiries@tvr.co.uk and we will endeavour to respond as soon as possible.

We look forward to welcoming you to the next chapter of TVR’s history!

Kind regards,
Les Edgar
Chairman
TVR
www.tvr.co.uk

G1ABB

857 posts

204 months

Tuesday 7th July 2015
quotequote all
Thks GRF.

V8 GRF said:
I suspect that is an internal project number assigned by Gordon Murray Design as his other iStream project cars were T25 and T27 so I guess there's other projects in-between and TVR is T37.

J4CKS

98 posts

134 months

Tuesday 7th July 2015
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I wonder what will happen to the prices of the new models when the first few roll off the production line. I imagine production will bit limited initially, until they get into their stride.

Anyone think the prices will go much over list price?

Lotus E300S

339 posts

112 months

Tuesday 7th July 2015
quotequote all
J4CKS said:
I wonder what will happen to the prices of the new models when the first few roll off the production line. I imagine production will bit limited initially, until they get into their stride.

Anyone think the prices will go much over list price?
Always a chance and IMHO worth a punt.

Milky400

1,960 posts

178 months

Tuesday 7th July 2015
quotequote all
obviously I depends purely on supply and demand, but i would imagine there will be a fair profit to be made if one can afford the initial outlay..

look at the Evoque 4 years ago when it was released, second hand cars were selling for far more than list and that was with only a 6-8month wait.. With the new TVR you could be talking a much longer wait, especially if they go out to the foriegn markets straight away...

J4CKS

98 posts

134 months

Tuesday 7th July 2015
quotequote all
It would have to involve car finance in my case. Going to do some research into what the early repayment penalties would be etc.
Any one have any knowledge of this?

bad company

18,574 posts

266 months

Tuesday 7th July 2015
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julian64 said:
What do we think will happen if it no longer has the title of last TVR produced?
It will be known as the last "proper' TVR produced. biggrin

Serriously I wouldn't worry about it at all.

PuffsBack

2,430 posts

225 months

Tuesday 7th July 2015
quotequote all
julian64 said:
Well because whats holding the price of saggies up. It must be the fact that its the last TVR produced by the company before it died.

In any other respect its got the same engine as tams, tuscans, and T350s and some cerbs so is no faster. Its got a better chassis for cornering but its no lotus. And its four times the price of almost any other TVR out there perhaps more.

What do you think has been justifying its price over other TVRs?

What do we think will happen if it no longer has the title of last TVR produced?
The Sagaris doesn't hold that distintion. The Tuscan Convertible came later (and is more rare)

andy43

9,705 posts

254 months

Tuesday 7th July 2015
quotequote all
Ah.
I was under the impression club membership meant a 2.5k discount, not just a 2.5k reduction in deposit requirement/risk exposure - from reading that email the final on the road price will be the same?

DonkeyApple

55,257 posts

169 months

Tuesday 7th July 2015
quotequote all
PuffsBack said:
"also if you drive a Sagaris back to back with a Cerb the Sagaris is far better in every department"

Hmmm thats stretching the truth a little. I can think of a few times I perferred to take the Cerb rather than the Sag

Edited by PuffsBack on Tuesday 7th July 09:23
Children tend to be more comfortable in the back of a Cerb. They roll about a bit too much in the back of a Sag. smile

DonkeyApple

55,257 posts

169 months

Tuesday 7th July 2015
quotequote all
andy43 said:
Ah.
I was under the impression club membership meant a 2.5k discount, not just a 2.5k reduction in deposit requirement/risk exposure - from reading that email the final on the road price will be the same?
Yes. I never read the first bit of news as an actual discount on price which was why I've not understood why people were complaining so much. Losing bank interest in £5k instead of £2.5k isn't that big a deal exactly and if there isn't that extra £2.5k lying around then finding the remaining £70k is probably going to be a bit of an issue.

It's just a polite gesture to those who have supported the brand via the club.

That said, in the real world, if you called them up and said you wanted to put down a deposit, weren't a club member bit only wanted to put down £2.5k what are the chances of a start up telling you to bugger off? wink

DonkeyApple

55,257 posts

169 months

Tuesday 7th July 2015
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AMDBSTony said:
Am going to contact them today as there is simply not enough information on which to place a deposit.

Need to see and better understand the commercials around this.

I also think that it would be another 'nice' gesture to reward those of us that support the brand by owning one. With that in mind the lower deposit should extend to owners as well.

Most unfair if it doesnt.
I think everything is there isn't it?

Refundable. Secures place in queue for car.

The only clarity you would need further is on how the funds are held as that determines whether your OC is just bank interest or whether there is capital risk in addition. If the latter then I wouldn't think anyone would put cash into an Ltd with no published accounts, no revenue and questionable assets.

PuffsBack

2,430 posts

225 months

Tuesday 7th July 2015
quotequote all
DonkeyApple said:
Children tend to be more comfortable in the back of a Cerb. They roll about a bit too much in the back of a Sag. smile
LMAO!!!

PuffsBack

2,430 posts

225 months

Tuesday 7th July 2015
quotequote all
DonkeyApple said:
I think everything is there isn't it?

Refundable. Secures place in queue for car.

The only clarity you would need further is on how the funds are held as that determines whether your OC is just bank interest or whether there is capital risk in addition. If the latter then I wouldn't think anyone would put cash into an Ltd with no published accounts, no revenue and questionable assets.
Exactly - can't see depositors being at the front of the creditors queue should the whole thing sink. HMRC tends to come first

Tyre Tread

10,534 posts

216 months

Tuesday 7th July 2015
quotequote all
PuffsBack said:
Exactly - can't see depositors being at the front of the creditors queue should the whole thing sink. HMRC tends to come first
They used to but not any more. AIUI they are now treated as an unsecured creditor.

JonRB

74,539 posts

272 months

Tuesday 7th July 2015
quotequote all
V8 GRF said:
Whenever I've put a deposit down on a car there's been a contract to sign and the monies are usually put in an escrow account and are returnable right up to where you sign the final order.
You mean like the chap who put a deposit down on a Sagaris with the previous TVR, never got his car nor his deposit back, and then his car was exhibited in the closing days of the old TVR as the new Sagaris 2 prototype? Allegedly.

Sorry, but I'm with Podie. He and I are existing (and current) TVR owners who have been around long enough to be of the opinion that until there are customer cars in showrooms then it's all smoke and mirrors.

I genuinely wish Les Edgar & team all the best, by the way.