TVR values
TVR values
Author
Discussion

mickydoo

Original Poster:

297 posts

170 months

Tuesday 11th December 2012
quotequote all
I was just looking at the classifieds deciding on my next TVR, and was surprised (or not) to see that the prices of the Sagaris & T350s seem to be appreciating. Obviously these are desirable cars, and I see it as a good thing.

However, whilst I understand there are a lot of Chimaeras and Griffiths on the road, there are much fewer Cerberas, yet the prices seem static, perhaps even slightly lower than they were a year ago. I'm somewhat surprised, especially for the V8 versions.

Anyone got any views? Do you think that longer term the prices will eventually rise due to the demise of TVR, and the strong supply chain for parts? Or are TVR prices headed for a dive?

scratchchin

gruffalo

8,100 posts

250 months

Tuesday 11th December 2012
quotequote all
I think that prices for Cerbs are held down by chassis/reliability worries and some of the rattler cars out there.

Slowly as more chassis get sorted and us owners spend time and money doing more of them up then I think prices for original examples will start to rise.

Just my opinion.

mickydoo

Original Poster:

297 posts

170 months

Tuesday 11th December 2012
quotequote all
Interesting you use the phrase "Original examples".

That indicates you think a Cerb maintained to original spec, just with sorted chassis/reliability (i.e. non-visible electrics) will be worth more than a Cerb that's been tailored with light changes, different alloys etc?



jammy_basturd

29,778 posts

236 months

Tuesday 11th December 2012
quotequote all
The problem with the Cerbera is that, whilst timeless against other marques, it doesn't have the modern looks of the later T cars. So values are somewhat pegged by the prices of the Chimaera and Griffith.

There is a certain air of uncertainty surrounding the AJP engine, all the 'one-off' bits that make owning and servicing these cars just that little bit more expensive, the fact that it's a 2+2 - meaning that it doesn't quite fit in the 2 seater sports car bracket, nor in the family GT bracket.

Add all these things together and the result is that the Cerbera tends to appeal to a much smaller range of people.

Gazzab

21,583 posts

306 months

Tuesday 11th December 2012
quotequote all
A lateish, original(ish), well cared for, 4.5 red rose is going to demand good money in my view. There are too many poorly maintained and 'enhanced' cars putting people off the model.
IMHO

Pursyluv

1,949 posts

198 months

Tuesday 11th December 2012
quotequote all
gruffalo said:
I think that prices for Cerbs are held down by chassis/reliability worries and some of the rattler cars out there.

Slowly as more chassis get sorted and us owners spend time and money doing more of them up then I think prices for original examples will start to rise.

Just my opinion.
And mine too, i said it when i owned one and still do now, nothing beats it bang per buck, but my God they can cost a lot to maintain.

FarmyardPants

4,316 posts

242 months

Tuesday 11th December 2012
quotequote all
jammy_basturd said:
The problem with the Cerbera is that, whilst timeless against other marques, it doesn't have the modern looks of the later T cars. So values are somewhat pegged by the prices of the Chimaera and Griffith.

There is a certain air of uncertainty surrounding the AJP engine, all the 'one-off' bits that make owning and servicing these cars just that little bit more expensive, the fact that it's a 2+2 - meaning that it doesn't quite fit in the 2 seater sports car bracket, nor in the family GT bracket.

Add all these things together and the result is that the Cerbera tends to appeal to a much smaller range of people.
Sounds reasonable, although as a design I think it's ageing very well. Part of the problem may be that many people see it as an evolution of (or at least similar looking to) the Chimaera, which I don't think does it any favours. Almost every car 'enthusiast' I have met outside of TVR circles thinks the cerb has a rover engine. TVR was at its best when it was pushing the envelope of body shape, as I think they did with the Tuscan and T350. But having said that the Tam was daring but they're cheap. The Sag is a great car, but it's a mystery to me why it's worth 2x or 3x a T350 or cerb. The cerb's day will come, might be a long wait though smile

bionicjim

473 posts

163 months

Tuesday 11th December 2012
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Well after spring there will be a lot less Cerbs about
Last year 9 got write off over winter alone so the prices should be climbing so if I keep mine it should be worth a fortune in a few years

jammy_basturd

29,778 posts

236 months

Tuesday 11th December 2012
quotequote all
FarmyardPants said:
Sounds reasonable, although as a design I think it's ageing very well. Part of the problem may be that many people see it as an evolution of (or at least similar looking to) the Chimaera, which I don't think does it any favours. Almost every car 'enthusiast' I have met outside of TVR circles thinks the cerb has a rover engine. TVR was at its best when it was pushing the envelope of body shape, as I think they did with the Tuscan and T350. But having said that the Tam was daring but they're cheap. The Sag is a great car, but it's a mystery to me why it's worth 2x or 3x a T350 or cerb. The cerb's day will come, might be a long wait though smile
Definitely agree with that. Doesn't help that everyone thinks of the Cerbera as a "hard-top Chimaera" - compounded by the fact that I have to use that exact description most of the time try and explain what a TVR is!

Scary that in just 6 years, 80% of the people I meet don't even know what a TVR is any more! frown

Gazzab

21,583 posts

306 months

Tuesday 11th December 2012
quotequote all
Pursyluv said:
gruffalo said:
I think that prices for Cerbs are held down by chassis/reliability worries and some of the rattler cars out there.

Slowly as more chassis get sorted and us owners spend time and money doing more of them up then I think prices for original examples will start to rise.

Just my opinion.
And mine too, i said it when i owned one and still do now, nothing beats it bang per buck, but my God they can cost a lot to maintain.
Yours didn't did it? I thought yours wasn't too badly priced and no big bills?

Gray_101

1,118 posts

214 months

Tuesday 11th December 2012
quotequote all
I think there are too many unknowns with the Cerbera which scare the average Joe away from the model. Unless they have deep pockets or are handy with the spanners

Most Cerbs are now over ten years old unlike the Sags and T350s , so in relative terms to old and knackered to command a great price. But I agree with Gazzab and Pusyluv, the later well sorted Cerbs as they left the factory are the ones to have, so will always be worth alot more.



Edited by Gray_101 on Tuesday 11th December 21:29

Pursyluv

1,949 posts

198 months

Tuesday 11th December 2012
quotequote all
Gazzab said:
Yours didn't did it? I thought yours wasn't too badly priced and no big bills?
For an X reg 4.5 it was cheap to buy, just over £14k, but 12 months and £4k later it didn't seem such good value......hmmm do you think there's a lesson in there somewhere?

jammy_basturd

29,778 posts

236 months

Tuesday 11th December 2012
quotequote all
Jesus, is £14k considered cheap for a 4.5 nowadays?

Pursyluv

1,949 posts

198 months

Tuesday 11th December 2012
quotequote all
jammy_basturd said:
Jesus, is £14k considered cheap for a 4.5 nowadays?
It was 3 years ago, so I think it would have been considered cheap for a LW with only 33k on the clock, FSH etc etc

jammy_basturd

29,778 posts

236 months

Tuesday 11th December 2012
quotequote all
I guess, but then values of the 4.5 certainly haven't gone down any more.

PuffsBack

2,442 posts

249 months

Tuesday 11th December 2012
quotequote all
Write off insurance valuation on mine hasn't moved in the last 12 months. The insurance company were happy it had suffered zero depreciation

ukkid35

6,395 posts

197 months

Tuesday 11th December 2012
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I can't find any 4.5 Cerbs on sale for less than twice the price I paid for mine 18 months ago. Even though mine could best be described as a project, it was MOTd and drivable. I think prices have definitely firmed up, which is really bad news (because parts are now fewer and more costly, and it's more difficult to trade up) - unless you've bought your car as a garage queen investment.

pirateTVR

172 posts

189 months

Wednesday 12th December 2012
quotequote all
Odd,what could be described as dated styling I think of as timeless.

For my money TVR and PW were at the top of their game with the introduction of the Cerb punching way above their weight .. plus the exclusivity of the AJP.

As for running costs,buying super car performance for what is saloon car money and hoping to run it on a shoestring is plain nuts unless you`re in a position to carry out your own maintenance ... compare the costs of running anything with similar performance.

I`ve found people who run Cerbs and TVR`s generally to be good "hands on"blokes,hopefully this will endure and they will remain affordable and not become "low mileage investments" pah !!




cerb4.5lee

42,162 posts

204 months

Wednesday 12th December 2012
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I think values for the cerb are fairly steady at the moment, I paid 20k for my 4.5 in June 2006 with 12k miles on it & it's currently up for sale at just over £16.5k with 30k miles on it, if I hadn't pumped well over £12k into it excluding routine servicing then that's not to bad depreciation.

They said in car magazine this month that cerb values are on the up, that's good news for all the owners, happy days! smile

Obiwonkeyblokey

5,400 posts

264 months

Wednesday 12th December 2012
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I agree that i think they may start to slowly increase. For me ( personally) They are my favourite road cars. I love Griffs too but I dont get on with the Tuscan styling or the Tamora although I think the T350 is pretty.

The Cerb for me is an iconic V8 bruiser of a car which demands respect, and the rarer they get the more of an event they seem to become. I sold my 997 last week as the Cerb was sitting in the garage most days doing nothing. Im now driving it every day and absolutely love it.

I think that the older sheddier type of cars arent doing the prices any favours, however there wil be a breed of buyer out there ( I was one) who will always pay decent money for a decent example. I beleve these later cars will be more regularly in the early to mid 20s in 12 months or so as people recognise what a bargain they are.

I love Griffs, but to me a Cerb is a much more exciting car and better bang for buck, especially with Sags being three times the price of the best Cerb.