Valuing a chimaera that's been modded and tracked??
Discussion
I'm thinking of buying a chim , that I saw earlier today. My problem is working out what it's worth..
The car has had quite a few mods on it, nitro shocks, omec engine management system , brakes off a viper, roll bar , runs on 17" alloys etc. . The oiley bits seem fine , the body and interior are a little tatty and it will need a new screen sooner or later as is going milky around the bottom.
I think the cars only done 4 k in the last 12 years but most of that has been on sprint events and track days, so my question is do you think it's worth more or less than a stock 450 and what is the going rate on a 97 450 with 50 k on the clock??
The car has had quite a few mods on it, nitro shocks, omec engine management system , brakes off a viper, roll bar , runs on 17" alloys etc. . The oiley bits seem fine , the body and interior are a little tatty and it will need a new screen sooner or later as is going milky around the bottom.
I think the cars only done 4 k in the last 12 years but most of that has been on sprint events and track days, so my question is do you think it's worth more or less than a stock 450 and what is the going rate on a 97 450 with 50 k on the clock??
I think these questions would be easier if you could get a handle on TVR prices in general. For example a 4.5 chim just sold for under 9k but was that cheap or market value. I think one of the problems is TVR values are to low to cover the work it cost to get them to a nice condition, for example a new windscreen and respray is going cost what £3 to 5K , new interior £1k , but does this mean a used TVR is now worth £6k less than a mint example??
Also looking at the TVR in question, depending on your point of view to turn it back to a standard car ( which would be worth more money in the long term ), it would probably cost say £3k so should I offer £3k less. Also how much does a car that has been sprinted etc, lose in value because even though the mileage if low the stresses are going to high on the whole car and the chassis and body might be weakened.
I had a modded MGF once that had well over £10k spent on it , and it took me 6 months to sell and for no more than a standard car.
Also looking at the TVR in question, depending on your point of view to turn it back to a standard car ( which would be worth more money in the long term ), it would probably cost say £3k so should I offer £3k less. Also how much does a car that has been sprinted etc, lose in value because even though the mileage if low the stresses are going to high on the whole car and the chassis and body might be weakened.
I had a modded MGF once that had well over £10k spent on it , and it took me 6 months to sell and for no more than a standard car.
My personal view on modding, is do it to make yourself happy but when you come to sell choose one of 3 option
1.right off the investment
2. Revert the car to standard and sell the bits if possible.
3. Wait along time for the right person who wants your exact car.
But I'm still no closer to working out what a modded chim 4.5 is worth, I suppose it wouldn't matter but I do tend to only keep my cars a max of 2 years and I really don't like dropping a lot of money!!!
1.right off the investment
2. Revert the car to standard and sell the bits if possible.
3. Wait along time for the right person who wants your exact car.
But I'm still no closer to working out what a modded chim 4.5 is worth, I suppose it wouldn't matter but I do tend to only keep my cars a max of 2 years and I really don't like dropping a lot of money!!!
Gassing Station | General TVR Stuff & Gossip | Top of Page | What's New | My Stuff