Tamora Prices…???
Discussion
Tamora Prices…???
Firstly, I do not wish to offend anyone with this post, but I must get this off my chest…
Tamora prices I guess MAY come down in price, I want them to, because I want one… But I was a little miffed to hear that the dealers will/might be ARTIFICALLY keeping these prices high. Yes I am aware of the supply and demand model, the elastically of price, and seasonal variation before anyone tells me this.
The Tamora hasn’t sold very well, much to their disappointment, and I stated that circa £27k would be my entry level for this car, and I was looking that perhaps this time next year I would expect to see this.
I was then informed that £30k would be the second-hand price even this time next year, that I shouldn’t entertain one if I saw it in the 2’s and that 4 dealers have just been sacked due to selling TVR’s too cheaply!!!
So what will a Tamora with say 8-10K on the clock cost this time next year???
Porsche (yes I know it’s Porsche) have just cut their prices by some 15% on models…
Any comments would be great…
Firstly, I do not wish to offend anyone with this post, but I must get this off my chest…
Tamora prices I guess MAY come down in price, I want them to, because I want one… But I was a little miffed to hear that the dealers will/might be ARTIFICALLY keeping these prices high. Yes I am aware of the supply and demand model, the elastically of price, and seasonal variation before anyone tells me this.
The Tamora hasn’t sold very well, much to their disappointment, and I stated that circa £27k would be my entry level for this car, and I was looking that perhaps this time next year I would expect to see this.
I was then informed that £30k would be the second-hand price even this time next year, that I shouldn’t entertain one if I saw it in the 2’s and that 4 dealers have just been sacked due to selling TVR’s too cheaply!!!
So what will a Tamora with say 8-10K on the clock cost this time next year???
Porsche (yes I know it’s Porsche) have just cut their prices by some 15% on models…
Any comments would be great…
porsche can cut their prices because they are ridiculously high and i dare say artificially so...
anyway £30K is definately minimum for Tamora at the moment and you would definately be wise to stay away from anything below that. sports car market does usually drop in winter so ideal time to buy second hand but car is too new i'm afraid. summer 2003 wil keep prices up so expect first real drop to be autumn/winter 2003.
(there has been a recent dealer shake up but i'm not sure it was for that reason...)
anyway £30K is definately minimum for Tamora at the moment and you would definately be wise to stay away from anything below that. sports car market does usually drop in winter so ideal time to buy second hand but car is too new i'm afraid. summer 2003 wil keep prices up so expect first real drop to be autumn/winter 2003.
(there has been a recent dealer shake up but i'm not sure it was for that reason...)
I was told that they had just been sacked. I don't know who they are, or when it happened.
Also very interestingly I was also told that TVR will only be making in the region of 1000 cars next year in total...
The supply and demand model now comes into play will less supply!
I too have seen them at £29950, I guess if you paid cash I might get it for £29000 at a squeeze
Also very interestingly I was also told that TVR will only be making in the region of 1000 cars next year in total...
The supply and demand model now comes into play will less supply!
I too have seen them at £29950, I guess if you paid cash I might get it for £29000 at a squeeze
You should bear in mind that prices are also based on what the dealer will give you for trade in value. I have mine for sale on this site for £30,995. If someone matches what the dealer have offered me then I will sell. Hence the "email me for details" I cannot believe you are expecting to buy a TVR that has only been out 10 months for £12,000 below list price. Realisticly they aren't going top drop below the £28,995 mark for some time yet. True, there are a couple at dealers for £29,995 but they have plain paint jobs, 16" alloys and not many extras. If you really want a Tamora what difference does a couple of grand make?
Rich, It was a dealer I spoke to at the Motor show.
Andy, I agree with what you have said, I mearly anoyed me a bit that dealer MAY, and this is only a MAY artificially hold the prices high. As many have (to-date) not been sold its seemed a bit cheeky to try and do this, as people have the power to vote with their feet. If the arse fell out of the Tamora price in 12 months then I would signal the car may not be living up to its expectations!
Anyhow, just looked at your profile, and yours does look stunning.
Regards
Gary
Andy, I agree with what you have said, I mearly anoyed me a bit that dealer MAY, and this is only a MAY artificially hold the prices high. As many have (to-date) not been sold its seemed a bit cheeky to try and do this, as people have the power to vote with their feet. If the arse fell out of the Tamora price in 12 months then I would signal the car may not be living up to its expectations!
Anyhow, just looked at your profile, and yours does look stunning.
Regards
Gary
Tamora Prices…???
Firstly, I do not wish to offend anyone with this post, but I must get this off my chest…
Tamora prices I guess MAY come down in price, I want them to, because I want one… But I was a little miffed to hear that the dealers will/might be ARTIFICALLY keeping these prices high. Yes I am aware of the supply and demand model, the elastically of price, and seasonal variation before anyone tells me this.
The Tamora hasn’t sold very well, much to their disappointment, and I stated that circa £27k would be my entry level for this car, and I was looking that perhaps this time next year I would expect to see this.
I was then informed that £30k would be the second-hand price even this time next year, that I shouldn’t entertain one if I saw it in the 2’s and that 4 dealers have just been sacked due to selling TVR’s too cheaply!!!
So what will a Tamora with say 8-10K on the clock cost this time next year???
Porsche (yes I know it’s Porsche) have just cut their prices by some 15% on models…
Any comments would be great…
I was thinking along the same lines,looking at the autotrader website the cheapest dealer Tamora is £29,995 which is about the figure I would be looking at.The only problem being I would expect these to be the first Tamoras and it is never a good idead buying the first of a series.
Andy, I agree with what you have said, I mearly anoyed me a bit that dealer MAY, and this is only a MAY artificially hold the prices high. As many have (to-date) not been sold its seemed a bit cheeky to try and do this, as people have the power to vote with their feet. If the arse fell out of the Tamora price in 12 months then I would signal the car may not be living up to its expectations!
AND THIS IS MY POINT...
My point being it car prices are held artificially high, at some point they have to fall, and reach equlibrium... So, here I come and buy one for the price they are say £29k in 12 months and this is a bit high, the price then cannot be sustained and falls, I then get hit with say £4k depn in less than 12 months on a second hand car. The person who loses is me, £4k. Dealer wins!
Anyhow, just looked at your profile, and yours does look stunning.
Regards
Gary
>> Edited by Mr Freefall on Monday 4th November 15:35
Mr Freefall said:
So, here I come and buy one for the price they are say £29k in 12 months and this is a bit high, the price then cannot be sustained and falls, I then get hit with say £4k depn in less than 12 months on a second hand car. The person who loses is me, £4k. Dealer wins!
Well you do have the option of not buying one. If dealers can't sell at the sticker price then the prices come down. Once the stock gets too old they rally want to shift it - it costs money to have >£25 grand tied up in a vehicle.
p7ulg said:
it is never a good idead buying the first of a series.
And what is your justification on that one? Firstly the engine/chassis/brakes/electrics are EXACTLY the same as a Tuscan. Only the bodyshell and dash is different. If it was a totally new car I could understand this comment, however the fact that us Tamora owners have not had many problems should tell you that they are well built in comparison to say an early Cerb or Tuscan. Will you be saying the same things about the T350C this time next year? Even though it's basicly a Tamora coupe?
I had a very early Griff and it was superb.
Tamora Prices…???
I was then informed that £30k would be the second-hand price even this time next year, that I shouldn’t entertain one if I saw it in the 2’s and that 4 dealers have just been sacked due to selling TVR’s too cheaply!!!
So what will a Tamora with say 8-10K on the clock cost this time next year???
Porsche (yes I know it’s Porsche) have just cut their prices by some 15% on models…
Any comments would be great…
Lets not forget that it is now the silly season for sports car prices. 4x4's go up in winter and sports cars come down. The current value of a Tamora is not representative of its real value next year.... Remember a dealer needs to make money and holding stock of a car that they cant shift isnt in their interest.... there is another side to this in that they will want to keep the values high for their existing customers - they dont want to let them drop too much and let their customers loose out....
However, car prices (as I have said before) are in a bit of a free-fall at the moment. A quick scan of Autotrader and I came up with a whole selection of Porsche 996's for £35k and Ferrari 360s for £80K (ignoring the LHD's as they are notoriously difficult to value).... either way this is pretty frightening depreciation....
Or is it? No actually not - its the time of the year. Come April next year these cars will be the same price - i.e. not dropped in value even though it is 6 months later. Its just really hard to value cars at this time.
So how does that impact the Tamora prices? Well, I would expect to see good Tamoras for around £30K for the moment (on a deal that is) and then about the same price next april. Is that bad, not really. This will be fairly high mileage and probably a cracking car... but just dont expect there to be a massive choice and they will be mainly from dealer.
I find it very suspicious that dealers are sacked for selling cars too cheaply. Most of the recent "sacking" or "let-go" of the dealer chain is all to do with waranty claims and stocking orders - both of which the dealers were unhappy doing. This was the final straw for some and they decided to pull out - remember the numbers of cars sold is still quite small and the margins very precious to them, so they have to protect them as much as possible......
Just my 10p though and I could of course be completely wrong....
Cheers,
Paul
Flasher wrote: 'I cannot believe you are expecting to buy a TVR that has only been out 10 months for £12,000 below list price.'
True. But some of it might be accounted for by the fact that the price of new cars includes VAT, whilst second hand ones are not VATable. That accounts for 15% (answers on a postcard) so any other difference must be due to market forces.
True. But some of it might be accounted for by the fact that the price of new cars includes VAT, whilst second hand ones are not VATable. That accounts for 15% (answers on a postcard) so any other difference must be due to market forces.
flasher said:
p7ulg said:
it is never a good idead buying the first of a series.
And what is your justification on that one? Firstly the engine/chassis/brakes/electrics are EXACTLY the same as a Tuscan. Only the bodyshell and dash is different. If it was a totally new car I could understand this comment, however the fact that us Tamora owners have not had many problems should tell you that they are well built in comparison to say an early Cerb or Tuscan. Will you be saying the same things about the T350C this time next year? Even though it's basicly a Tamora coupe?
I had a very early Griff and it was superb.
If you read this page regularly you will see that Tamoras have had their teething problems which is only to be expected from a low volume manufacturer, maybe you have been one of the lucky ones.I also purchased a brand new Tuscan last year the finger followers failed twice in the first three months and being quite honest the suspension geometry was awful.I am now told this has all been sorted with the newer models.So on that basis if I was buying a brand new Tuscan now I would not expierence those problems! I think you will find when purchasing any make of motor vehicle when a new model is released it is probably best to give it a year or so to have their initial faults ironed out.
p7ulg said:
flasher said:
p7ulg said:
it is never a good idead buying the first of a series.
And what is your justification on that one? Firstly the engine/chassis/brakes/electrics are EXACTLY the same as a Tuscan. Only the bodyshell and dash is different. If it was a totally new car I could understand this comment, however the fact that us Tamora owners have not had many problems should tell you that they are well built in comparison to say an early Cerb or Tuscan. Will you be saying the same things about the T350C this time next year? Even though it's basicly a Tamora coupe?
I had a very early Griff and it was superb.
If you read this page regularly you will see that Tamoras have had their teething problems which is only to be expected from a low volume manufacturer, maybe you have been one of the lucky ones.I also purchased a brand new Tuscan last year the finger followers failed twice in the first three months and being quite honest the suspension geometry was awful.I am now told this has all been sorted with the newer models.So on that basis if I was buying a brand new Tuscan now I would not expierence those problems! I think you will find when purchasing any make of motor vehicle when a new model is released it is probably best to give it a year or so to have their initial faults ironed out.
i'd have to agree on this one - i work for a british car manufacture considerably bigger than TVR and even with the quality products we make it is taken as a rule of thumb never to own a car from the first 6months of production. if that is said about companies of that size, and TVR are notoriously variable in their construction and build spec, then i'd advise a lay-off period. but then again someones got to buy them otherwise TVR wouldn't be here today and the world would definately be a poorer place for it. besides once the initial niggles are sorted there's no reason why it shouldn't be as good as a new one.
I just fail to see what is the problem with dealers artificially supporting the second hand values of the cars ?? Sherly it's in everyones interest that in the long term dealers do this you might bleat and moan when your a buyer one year that nothing is cheap enough for you but if the practise in supported and continues you will reap the benefits when you become a seller! The only time it hurts is when consumers force manufacturers to cut prices (as happened with the volume manufacturers) and as such the second hand market collapses, If your caught having paid top money then get lumbered when you come to sell lifes a bitch. TVR are small enough and have a loyal and secure enough customer base to be able to support the second hand market, and IMO it's not a bad thing.
edited because my spelling was that bad I looked like Cambelt
>> Edited by mel on Tuesday 5th November 17:11
edited because my spelling was that bad I looked like Cambelt
>> Edited by mel on Tuesday 5th November 17:11
Gassing Station | General TVR Stuff & Gossip | Top of Page | What's New | My Stuff