Is anyone paying the money some TVR's are at?

[Randompunter74]

I have been looking to get a TVR for some years and was sidetracked by an Integrale EVO 2 and an E30 M3, both of which I have now just sold.

Question is, I was looking to get into a Tuscan but sweet lord the prices have moved on somewhat. One was 15 to 20k, 2 years ago and now they are early 20's to 40 plus. However I keep seeing many of the same cars about, which leads me to believe people just arent buying them at these prices. Are they? I would like to buy from a dealer but 40 large for an old Tuscan is crazy cash.

[mk1fan]

TVR prices have moved up and a lot of people can't deal with this.

There are some cars that are perpetually being sold that don't sell for various reasons.

There are plenty of cars that have sold and the market for 'a good one' is well served with both supply and demand. Indeed, demand is what is driving prices.

[Sardonicus]

About bloody time is what I say speaking to Phazed/Peter on a couple of occasions you try to find a car that gives the same bang-per-buck and you will struggle seriously only because he as considered defecting to another brand

[Shnozz]

You owned an integrale and E30 M3 and you are concerned at how much an old TVR has appreciated in that period?!

[ianwayne]

Fernhurst recently reduced their TVR prices, but it may be because the warranty is now extra and not included in the price. Nevertheless this one has had £8k knocked off it. They've had it about a year I think:

http://www.fernhurst-tvr.co.uk/car-details.php?id=...

They don't have any Tuscans listed on their website:

http://www.fernhurst-tvr.co.uk/fernhurst-tvr.php

[TR4man]

ianwayne said:

Fernhurst recently reduced their TVR prices, but it may be because the warranty is now extra and not included in the price. Nevertheless this one has had £8k knocked off it. They've had it about a year I think:

http://www.fernhurst-tvr.co.uk/car-details.php?id=...

Is the £28k asking price after the £8k reduction?

If so, were they really expecting it to sell for £36k?

[Big GT]

I viewed 11 separate Mk1 tuscans from £18K - £32K.
All varied tremendously on condition, shut lines, maintenance, re builds serving, history etc etc. You gotta find the one you like. I paid high 20's for a Mk1 in excellent condition. I also found the advert for the same car in 2012 where it was £4K less!! ..................

However since then it had £4K's worth of maintenance + suspension upgrades. So even if I purchased in 2012 it would cost more than the appreciation to get it in today's condition.

[anonymous-user]

TR4man said:

ianwayne said:

Fernhurst recently reduced their TVR prices, but it may be because the warranty is now extra and not included in the price. Nevertheless this one has had £8k knocked off it. They've had it about a year I think:

http://www.fernhurst-tvr.co.uk/car-details.php?id=...

Is the £28k asking price after the £8k reduction?

If so, were they really expecting it to sell for £36k?

Not sure if that's comparing apples for apples as its a bit of a one off.
I'm sure like any dealer, he advertised to sell at that price or close to it.

I thinks it's a steal at that money.

[Silvernoble883]

No, I was offered a few Sags not that long ago for well under the advertised prices, seems the market is falling, I think a big crash on all cars not just Tvr is on the horizon soon.

Lucky I didn't buy mine as a investment.

[Englishman]

The TVR market has always been seasonal. One of the largest dealers said to me many years ago that he 'may as well go on holiday November to February'. So buy over the next few months to get yourself a bargain, as come next Easter they will be on the up again IMHO.

Also, the people that are buying at higher prices are looking for cars in top condition. Str8six realised this some time ago, prepare cars to the highest standard and sell at the highest prices. Several other dealers have now realised that spending a bit of money on them is the best way to a healthy profit too.

[Randompunter74]

Yeah, I think at these prices I will just go for the new one. I mean, 55,000 GBP for one of the first off the line new TVR...of 67k for a Sagaris? Hmmmm.

I like TVR's but man, 40 large for a 2000 - 2004 model is a bit strong.

[Moycie]

Further to Fernhurst changing approach, I believe they are now moving away from the "fully prepared" car. The approach is being driven by price point. People want the price low. But are then happy to spend more for extra works, etc, if required. Allows Fernhurst to upsell essentially, rather than prebake it into a higher price in advance. Some customers might be happy to tackle themselves, others happy to pay more. Just puts a different angle on it and I believe it has worked for them so far. As said, seasonal sales with TVR, so this is a boost before winter.

[anonymous-user]

Randompunter74 said:

Yeah, I think at these prices I will just go for the new one. I mean, 55,000 GBP for one of the first off the line new TVR...of 67k for a Sagaris? Hmmmm.

I like TVR's but man, 40 large for a 2000 - 2004 model is a bit strong.

I think you will wait a long time until a new TVR comes off a production line, and I think you will be really disappointed when you find your 55K is 25K min short being able to buy a pauper spec car.

New M3s are 55-65K, folk are paying over 180K for the best 1990 EvoSports.

Is that bit strong, or is it the same supply and demand curve that is seeing nice 2004 TVRs selling at the price they have been?

Edited by anonymous-user on Tuesday 25th October 09:54

[robsco]

Randompunter74 said:

Yeah, I think at these prices I will just go for the new one. I mean, 55,000 GBP for one of the first off the line new TVR...of 67k for a Sagaris? Hmmmm.

I like TVR's but man, 40 large for a 2000 - 2004 model is a bit strong.

Pigs will fly before the new TVR comes in at 55k. Make it 70k for an entry car and you're probably closer to the mark, in which case ask yourself the same question? I'd be buying Blackpool all day long. Not sure where you are looking but I haven't seen a 2000 model Tuscan at anything close to 40k - an early car in good condition would be early to mid 20s. Perhaps a very early '04 MK2 Tuscan might set you back mid 30s, which still the bargain of the century as far as I'm concerned.

[andy43]

Still bargains at current prices I reckon - what else can you get for 10k (chim) to 30k (speed 6) that offers the same speed and theatre? Ropey 100k mile autobox 993s are going for more than that. Anything over ten years old coming even close to a TVR in performance - ferraris, old M Power, even knackered old skylines - they're all crazy money now. And you can't fix any of them with a Land Rover tool kit
Fernhurst are a law unto themselves as their excellent reputation for well prepared cars means they can basically charge what they like and still sell em. I think it's probably just a seasonal thing - have a clear out now, then try and restock cheaply over the winter.
As Les Edgar's Sagaris plate says... TVR - Power to the People

[swisstoni]

I was actually thinking the opposite to the OP.
Even the models that enjoyed some big rises (Sagaris and Tuscan convertible) seem to have stalled at a level.
To me, TVR prices don't exactly seem to be moving on like some other marques of the same era. Yes they have risen, but the market for old cars generally is at fever pitch.
TVRs don't seem to be riding that wave IMHO.

Delighted to be persuaded otherwise as I own two

[LeeHodges]

I've had my '94 Griffith 500 (fantastic condition - £22.5k) and my glorious '06 chameleon green Tamora (£28k) up for sale most of the summer. Not a lot of interest. Prices may be going up higher but people aren't interested in paying them, even for really good cars. I've taken mine off sale rather than take big hits.

[KevinCamaroSS]

Another thing to consider is the drop in the GBP. This could give rise to an increase in exports of the used cars. I know the used TVR market is quite small, but, something to take into consideration.

[Englishman]

Also, at higher prices, many people prefer the comfort of buying from an established TVR dealer rather than privately. I suspect most TVR's under ~£15K are sold privately, most over that through dealers, which could explain any slowness in the higher end of the private market.

[TR4man]

Englishman said:

Also, at higher prices, many people prefer the comfort of buying from an established TVR dealer rather than privately. I suspect most TVR's under ~£15K are sold privately, most over that through dealers, which could explain any slowness in the higher end of the private market.

That's a very good point.

I've owned my Chimaera for just under a month and with my budget of £20 - 23k, I was looking exclusively at buying from dealers for the comfort of knowing that (a) there would be a warranty (b) I had comeback if it was misrepresented.