Cerbera Prices
Discussion
Having sold the Griff I was intending to wait until next spring the buy a replacement (which is likely to be a Cerbera). However, I'm missing the TVR more than I expected so have started to look around for a good car. However, having looked through the classifieds I'm surprised by the price differences for apparently similar cars.
So, the question is, do upgrades add to the value of the car, and if so, by how much?
i.e if a <99 car had the following, how much value would be added over a standard car?
- Engine Rebuild
- 4.5 over 4.2
- 18" spiders
- Headlight conversion
- New Clutch
- Low miles
- Brake upgrade
I know it's subjective, but I don't think most of the above would add to the resale value, am I wrong?
DJ
edited:because I can't spell
>>> Edited by _DJ_ on Monday 27th October 18:37
>>> Edited by _DJ_ on Monday 27th October 19:44
So, the question is, do upgrades add to the value of the car, and if so, by how much?
i.e if a <99 car had the following, how much value would be added over a standard car?
- Engine Rebuild
- 4.5 over 4.2
- 18" spiders
- Headlight conversion
- New Clutch
- Low miles
- Brake upgrade
I know it's subjective, but I don't think most of the above would add to the resale value, am I wrong?
DJ
edited:because I can't spell
>>> Edited by _DJ_ on Monday 27th October 18:37
>>> Edited by _DJ_ on Monday 27th October 19:44
Good question....I was wondering about that too.
For example.....I've got a Speed Six on a 1999 T plate.
For a private sale for the car in good condition I would reckon you'd be lucky to get £19-20k.
My car however has:
The Mach3 chassis (the one that dramatically improved handling bought out in the later hald of 2002)
All the new suspension, springs and dampers kit (again from later half 2002).
Integrated headlight nose end with full respray.
LW bonnet
2003 spec fully rebuilt engine with modified head gasket for improved oil pressure.
Uprated brakes.
So basically..its a new spec car.
Would anyone pay more for this...using mine as an example?
For example.....I've got a Speed Six on a 1999 T plate.
For a private sale for the car in good condition I would reckon you'd be lucky to get £19-20k.
My car however has:
The Mach3 chassis (the one that dramatically improved handling bought out in the later hald of 2002)
All the new suspension, springs and dampers kit (again from later half 2002).
Integrated headlight nose end with full respray.
LW bonnet
2003 spec fully rebuilt engine with modified head gasket for improved oil pressure.
Uprated brakes.
So basically..its a new spec car.
Would anyone pay more for this...using mine as an example?
That's a difficult one, especially as people will immediately ask why (I followed the thread a while ago). Having said that, I personally would prefer a later spec car (you're not selling yours are you?), but I suppose others would be put off by the history. In my original post I was referring to a car that had never been damaged, just upgraded (though you raise an interesting point with your car!).
The '97 cars in the classifieds range from 16-23k which is a massive difference. I'd personally value yours a bit higher than the 19k you quoted but wouldn't go as far as some in the classifieds (25k for a similar spec!)
DJ
The '97 cars in the classifieds range from 16-23k which is a massive difference. I'd personally value yours a bit higher than the 19k you quoted but wouldn't go as far as some in the classifieds (25k for a similar spec!)
DJ
I recently paid £15,500 for a low mileage mostly standard 1996 4.2, in excellent condition, with new clutch, replaced cams, brake upgrade and sports exhaust.
I think the only thing that really affects the prices is a set of Nitrons, I'd only expect another £500-1000 on top though, and the car would have to perfect in every respect for that extra money to stick.
The upgrades will probably make your car easier to sell and shows that the owner has taken a lot of care over the car. I don't think it will add a huge amount to the price, if anything at all.
>> Edited by trooper1212 on Monday 27th October 20:01
I think the only thing that really affects the prices is a set of Nitrons, I'd only expect another £500-1000 on top though, and the car would have to perfect in every respect for that extra money to stick.
The upgrades will probably make your car easier to sell and shows that the owner has taken a lot of care over the car. I don't think it will add a huge amount to the price, if anything at all.
>> Edited by trooper1212 on Monday 27th October 20:01
It is a very hard thing to put a price on with the Cerbera's as there as so many options, specs, engines, colours and previous owners etc.
I find that if one seems right to me and I feel happy to drive it around, safe in the fact that I could drive anywhere in the UK at the drop of the hat then that individual car is one I would buy.
If I feel at any time that something isn't right, or I wouldn't be able to do the above in a car without it....
A) Blowing up
B) People laughing at me
C) Spending a fortune more than I had to
Then whatever the cars age, mileage or history I always walk away.
If you feel like the car is a good one then gut feeling backed up by investigating the history of the car thoroughly is everything.
You only live once..
I find that if one seems right to me and I feel happy to drive it around, safe in the fact that I could drive anywhere in the UK at the drop of the hat then that individual car is one I would buy.
If I feel at any time that something isn't right, or I wouldn't be able to do the above in a car without it....
A) Blowing up
B) People laughing at me
C) Spending a fortune more than I had to
Then whatever the cars age, mileage or history I always walk away.
If you feel like the car is a good one then gut feeling backed up by investigating the history of the car thoroughly is everything.
You only live once..
I saw that one in the classifieds a while ago, and at the advertised price it was a good buy - you did well getting money off! So, to add to my initial question:
when buying TVR's do most people pay the advertised price. I did with the Griff, and the guy who bought it from me did. However, when I spoke to a couple of dealers they seemed to think that was far from ordinary.
DJ
when buying TVR's do most people pay the advertised price. I did with the Griff, and the guy who bought it from me did. However, when I spoke to a couple of dealers they seemed to think that was far from ordinary.
DJ
Everyone has there own pricing policy, some build margins in others don't - it's a hard game to suss out.
If you don't put a haggle bit at the top some customers will never buy unless they get their bit of flesh off, yet with this margin on some buyers will never call as it seems too expensive.
Also if a dealer has had stock cars in for a while they can hardly put a simuliar car a good chunk lower even if it owes them far less, as it will make the older stock car that they need to shift on seem uncompetitive.
Like anything you will like me never know if you could have got more off or indeed in many many TVR deals that have ended up giving a dealer nothing after a workshop list saps any profit that was initially there.
>> Edited by jamer on Monday 27th October 20:20
If you don't put a haggle bit at the top some customers will never buy unless they get their bit of flesh off, yet with this margin on some buyers will never call as it seems too expensive.
Also if a dealer has had stock cars in for a while they can hardly put a simuliar car a good chunk lower even if it owes them far less, as it will make the older stock car that they need to shift on seem uncompetitive.
Like anything you will like me never know if you could have got more off or indeed in many many TVR deals that have ended up giving a dealer nothing after a workshop list saps any profit that was initially there.
>> Edited by jamer on Monday 27th October 20:20
James,
Sorry - I've read my post and I really didn't make myself clear at all! I was pretty sure that the majority of dealers don't move much on price.
However, I spoke to dealers about trading my Griff in (for a Tuscan at the time), and when I queried their low part-ex offers the usual response was 'you might see them advertised privately at x'000 more but private sellers always drop considerably on price'.
Whether that's true or not, I don't know. Nice to know that you may (if I pick the right one) negotiate slightly on your stock though James ;-)
>> Edited by _DJ_ on Monday 27th October 20:32
Sorry - I've read my post and I really didn't make myself clear at all! I was pretty sure that the majority of dealers don't move much on price.
However, I spoke to dealers about trading my Griff in (for a Tuscan at the time), and when I queried their low part-ex offers the usual response was 'you might see them advertised privately at x'000 more but private sellers always drop considerably on price'.
Whether that's true or not, I don't know. Nice to know that you may (if I pick the right one) negotiate slightly on your stock though James ;-)
>> Edited by _DJ_ on Monday 27th October 20:32
[Disclaimer: totally personal thoughts on this...]
Headlight upgrade (blended) + 18" spiders w/ new tyres: £500+ extra
Nitrons (& maybe a brake upgrade): £500 extra
BRG/Yellow paint job (& matching interior): £500 to £1000 less
Low mileage: £far-too-much more
I agree that a lot of the upgrades show the general way that the car was looked after rather than actually having value themselves, helping the car sell quicker at closer to the asking price.
As for the other items - I'd haggle a bit off for a clutch that was worn, not pay extra for a repaired/replaced one, and I'd be very wary of an AJP with an engine rebuild at reasonably low miles - would have to take that on a case by case basis.
Off to watch the T350 on 5th gear now....
>> Edited by j_s_g on Monday 27th October 20:37
Headlight upgrade (blended) + 18" spiders w/ new tyres: £500+ extra
Nitrons (& maybe a brake upgrade): £500 extra
BRG/Yellow paint job (& matching interior): £500 to £1000 less
Low mileage: £far-too-much more
I agree that a lot of the upgrades show the general way that the car was looked after rather than actually having value themselves, helping the car sell quicker at closer to the asking price.
As for the other items - I'd haggle a bit off for a clutch that was worn, not pay extra for a repaired/replaced one, and I'd be very wary of an AJP with an engine rebuild at reasonably low miles - would have to take that on a case by case basis.
Off to watch the T350 on 5th gear now....
>> Edited by j_s_g on Monday 27th October 20:37
_DJ_ said:
J_S_G - just ran downstairs to hear a comment about the 'girls liking it' (silver t350) then straight onto the budget new cars!! I really hope I haven't missed it!
That was about the sum of it! Wasn't so much of a test-drive/review as a 30 second slot showing how to flat-spot tyres proving the car has no ABS, and chip paintwork in a coal tip. Poor tiv. At least she didn't slate it!
>> Edited by j_s_g on Monday 27th October 21:14
_DJ_ said:
That's a difficult one, especially as people will immediately ask why (I followed the thread a while ago). Having said that, I personally would prefer a later spec car (you're not selling yours are you?), but I suppose others would be put off by the history. In my original post I was referring to a car that had never been damaged, just upgraded (though you raise an interesting point with your car!).
The '97 cars in the classifieds range from 16-23k which is a massive difference. I'd personally value yours a bit higher than the 19k you quoted but wouldn't go as far as some in the classifieds (25k for a similar spec!)
DJ
Nope I'm not selling. The way I look at it, I would have to pay £10k more than what I'd get for my car to get something that performs in a similar way.
The chassis and suspension I've got (the late 2002 spec stuff) completely transformed the car and the way it handles. Don't think I could go back to anything pre-2002 now. You wouldn't beleive what a difference it really makes.
I'd pay a lot more for these upgrades...but I doubt your average punter would know about or pay for the benefits they bring.
bandit said:
The chassis and suspension I've got (the late 2002 spec stuff) completely transformed the car and the way it handles. Don't think I could go back to anything pre-2002 now. You wouldn't beleive what a difference it really makes.
I'd be interested to see how it compares to an early car with nitrons, to say mine is transformed is a massive understatement.
Regarding the other bits, I would say that they will add very little to the value of the car, they will however make it easier to sell.
D.
_DJ_ said:
carl_w said:
Surely I'm missing something, but how have you ended up with a post-2002 chassis?
Yep, you have missed something. It's a shame the same cannot be said about the vehicle that front ended Bandits car and caused 31k damage!
>> Edited by bandit on Tuesday 28th October 19:34
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