Wedge prices......Again.

Wedge prices......Again.

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mrzigazaga

Original Poster:

18,557 posts

165 months

Wednesday 30th July 2014
quotequote all
Hi peeps...Just looking through the classifieds...Some of the prices are ridiculous TBH....Greedy traders are flooding the market making Wedges unaffordable for the true enthusiasts..I know they have overheads, Don't we all?....I refuse to believe its helping to push values up just pushing them out of reach of someone looking for a hand built British iconic V6/V8 sportscar..I know they are nice but 24K for a 400SE..Bullst...Even 20K for a one owner and low mileage is a gamble as most of it will probably need replacing if its not been used...We need to set the president for prices not some greedy chance taking trader...(More on this later)..I would spend a said amount over a long period of time but if i had the cash in my pocket in a lump sum then sorry i would NOT buy a Wedge..Well maybe a SEAC...I would go for a T350c or a Tuscan....Or have the body taken off and the chassis sorted out..All the running gear replaced and whack a Griff 5.0HC in there with mappable ECU and upgraded ignition system...Probably come to 15K...Maybe a respray in candy apple red for an extra 5K but for 20K i would have a solid monster that would out perform a SEAC and probably most other variants of TVR..The main thing is..I would NOT sell it..."You would have to prise the keys from my cold dead hand"....Ziga

mrzigazaga

Original Poster:

18,557 posts

165 months

Wednesday 30th July 2014
quotequote all
Looks like i have stirred up a bit of a hornets nest...smile Don't get me wrong i love my Wedge and i will NEVER drive another car and I'm certainly not putting them down, I feel very passionate about them as some of you know by my reaction to PPC magazine that time......Okay..Some..Not all classic cars fetch high prices due to rarity, Most of the highly priced ones have had a nut and bolt restoration to mint condition and generally they have had all the creases ironed out..If say the 400SE has had a full restoration to body..Chassis..Engine including wiring then for that money i would say fair enough as its basically a new car...But nearly the same for one that has been sat around for years?..Its irrelevant if its been dry stored..Has it been in a climate controlled environment all this time..I doubt it which means moisture in the air has an opportunity to get in to places that are hard to see..Would you pay 20K for a car that needed a possible 10K+ spent on it in a few years time?...All good if you can D.I.Y but not everyone can!...

I really hope that values are increasing across the board as when I'm 70 i can cash mine in and go out in a drug induced pleasured state and have some left over to bury me...If not then the Wedge will be my coffin/Tomb..

It mostly annoys me that when traders buy your car for peanuts they double their money whereas if you or i were to sell to another prospective owner then the price would probably be more realistic/Affordable..And yes its also worrying when they get raped instead of saved but who's fault is that...The people using what they can from them or the people letting them get in that state in the first place?..I foresee an increase in more getting scrapped or raped due to them not being in a particular standard of condition unless they have a particular history surrounding them..Okay they will become rarer if this happens i guess which will most certainly push values up..

My personal view is that we should set the values based on the fact that most of us know our car..We have spent the time and money on them and we know what still needs to be done in most cases so this gives us a true perspective on value..Traders chancing their luck doesn't...

After all who has kept the Wedge alive all this time...YOU...And thank fk you have or i would certainly not of been able to live my dream...Cheers...Ziga






mrzigazaga

Original Poster:

18,557 posts

165 months

Wednesday 30th July 2014
quotequote all
ToneyCaroney said:
As the best become more valuable they will drag the less good up behind them. The benefit of this is that restoring (rather than scrapping or cannibalising) becomes a much more financially realistic option. This can only be a good thing.
I really hope you are right mate..But going by todays prices for i:e Chassis restoration = £1500-2K for low end, Body raised and only what's visible addressed and 5K top end for a full body off..Thats without steering...Differential...Suspension and fuel tanks addressed which could add another 2-3K..Paint 2-5K...Engine rebuild...3K..Interior...depending where and who does it..2-4K..20K tops for a car thats worth 5K???..Obviously this cost is dramatically reduced if you are able to do most of it yourself and is not so bad if done over a period of time.

ToneyCaroney said:
btw, I'm not convinced that there's a correlation between being a 'true enthusiast' and the amount of money a person has/doesn't have to play with. smile
I think it does..As above the cost can spiral and then it does matter how much you have or have not, Almost every person that i have met who owns a Wedge..(And Griff..Chim..Tuscan) is a down to earth kind hearted person who digs deep when it comes to helping those who really need it and most of all they have a passion for these cars...Traders just pull ya pants down..shaft you and then do the same to the potential buyer...It would be interesting to see if these people offer a warranty on the Wedge like they do with other variants of TVR..Up until now some of them would not of touched a Wedge almost to the point of looking down their noses at it.

I know business is business and you have to be hard sometimes to make money but i just don't like seeing people being taken the piss out of due to their unfortunate financial position..And i have seen this quite a lot recently as regards to Wedges...Anyway..Long live the Wedge and long live TVR....beer

mrzigazaga

Original Poster:

18,557 posts

165 months

Wednesday 30th July 2014
quotequote all
V8 Fettler said:
Boost Wedge values? Get it onto a music film. Sorry, music video.
Thats happened twice as far as i know it...Although one was some years back...I think it was a 390SE in a Gary Numan music vid and one recently with Wedgeinalds 280i...Although i can't remember who that was???... smile

mrzigazaga

Original Poster:

18,557 posts

165 months

Wednesday 30th July 2014
quotequote all
It would be nice if the Wedge did start to increase in value as its such an under valued car anyway..As said many times..What else could you buy for under 6K that will have a V8..Look fantastic..Sound awesome and go like the clappers...Also as a plus its a slice of British hand built sports-car heritage..I smile every time i drive it and it makes 9 out of 10 bystanders do the same...Today in Greenwich park mine and the Gredge was swamped by Japanese tourists..I said as a gesture to some of them taking pics.."£2.50" and they looked very happy to pay..

However i would appreciate the rise in value more if it was a genuine appreciation for the car instead of someone using it as a bargaining tool just to line their pockets....Cheers...Ziga

mrzigazaga

Original Poster:

18,557 posts

165 months

Thursday 31st July 2014
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wooly350i said:
Wake up lad,
Don't forget Chris Rea.
Whoops....Sorry Chris....I might not live this one down..Especially next year....eek...

mrzigazaga

Original Poster:

18,557 posts

165 months

Thursday 31st July 2014
quotequote all
V8 Fettler said:
Or an advert

http://www.youtube.com/watch?v=UucLMljiDHg#t=40

(could have been an FHC)
Haven't seen any flux capacitors in a Wedge...Although never say never....Who knows what the future holds... biggrin

mrzigazaga

Original Poster:

18,557 posts

165 months

Friday 1st August 2014
quotequote all
wedgeinald said:
is that Delilah on the fleabay....?
I thought she was bought recently...Poor ole Delilah nobody loves her!...If you can hear me D..I still do..She's a good solid reliable Wedge..She could do with some new underwear..(Interior)..She recovered well from all the trauma of 2 heart transplants which has made her stronger although the mileage is less than quoted..I took her from the gutter and taught her to speak but now needs to be taken that bit further..Just like Eliza doolittle...Except she's Delilah Wedge and you know when she's in town..(119db)... biggrin

Whoever takes her on will have the opportunity to acquire a full blow job ...(The blower kit will bolt straight on if you want it)..200bhp..207ftlbs torque..She scares old people...Makes children cry....Causes police horses to bolt..And Strikes fear in god worshipping druids...What a gal....laugh

mrzigazaga

Original Poster:

18,557 posts

165 months

Saturday 2nd August 2014
quotequote all
Graham said:
Mine is currently being restored for racing all be it with a 24v engine
Hi mate...Do you have any dates and places for Wedges racing..If so could you email me please as i need to ask some questions... smile Cheers...Ziga