Interesting "what's it worth question".....
Discussion
Hi all,
I have a problem, and would appreciate your opinions. Basically, I need to raise some cash quickly to help the better half out of a financial hole.
So - I'm considering selling my pride and joy - and wonder what you guys think it may be worth - this not just another simple "what's it worth" question, as there are complications.
Basically it is a '99 500 with just under 50k on the clock. I am the second owner (18 months) - and the car has a full service history.
The complication is this.....the car has just had a significant amount of work:
1)Taraka + upgrade at TVR Power
2)Nitrons
3)Latest style coved headlights and full front end respray
4)12k service
5) Clear indicators and side repeaters
6) New clutch
All of this work was done just weeks ago - infact the Taraka upgrade has not been completed yet - it is booked in to have the enlarged plenum etc fitted in a couple of weeks - so I have only been running it in. The engine therefore has a TVR power 2 yr guarantee.
The car is absolutely mint, full leather interior, all Leven accessories etc..my hope was to make it into just about as good a chim as there is - and although there may be better - there probably won't be many.
So - what do you think it might fetch?
Please refrain from the "keep the car and sell the girlfriend" type responses - as I am totally gutted but would appreciate constructive opinions
Cheers Fizzer.
I have a problem, and would appreciate your opinions. Basically, I need to raise some cash quickly to help the better half out of a financial hole.
So - I'm considering selling my pride and joy - and wonder what you guys think it may be worth - this not just another simple "what's it worth" question, as there are complications.
Basically it is a '99 500 with just under 50k on the clock. I am the second owner (18 months) - and the car has a full service history.
The complication is this.....the car has just had a significant amount of work:
1)Taraka + upgrade at TVR Power
2)Nitrons
3)Latest style coved headlights and full front end respray
4)12k service
5) Clear indicators and side repeaters
6) New clutch
All of this work was done just weeks ago - infact the Taraka upgrade has not been completed yet - it is booked in to have the enlarged plenum etc fitted in a couple of weeks - so I have only been running it in. The engine therefore has a TVR power 2 yr guarantee.
The car is absolutely mint, full leather interior, all Leven accessories etc..my hope was to make it into just about as good a chim as there is - and although there may be better - there probably won't be many.
So - what do you think it might fetch?
Please refrain from the "keep the car and sell the girlfriend" type responses - as I am totally gutted but would appreciate constructive opinions
Cheers Fizzer.
Prices for cars are all over the place at moment, especially sports cars, weekend toys, etc
Whats its worth and what someone can or will pay has never been more relevant.
To start the ball rolling...
Cheapest Chim £5K to £7K
Average Chim £8K to £10K
Good late Chim £11K to £13K
From the sounds of it yours is the latter + the mods. You never get you money back on mods and any buyer would see the clutch as neccessary...
so... £15K but I suspect you will not have much luck at the moment.
Maybe the government should try an kickstart the chim market!
Whats its worth and what someone can or will pay has never been more relevant.
To start the ball rolling...
Cheapest Chim £5K to £7K
Average Chim £8K to £10K
Good late Chim £11K to £13K
From the sounds of it yours is the latter + the mods. You never get you money back on mods and any buyer would see the clutch as neccessary...
so... £15K but I suspect you will not have much luck at the moment.
Maybe the government should try an kickstart the chim market!
peteA said:
Prices for cars are all over the place at moment, especially sports cars, weekend toys, etc
Whats its worth and what someone can or will pay has never been more relevant.
To start the ball rolling...
Cheapest Chim £5K to £7K
Average Chim £8K to £10K
Good late Chim £11K to £13K
From the sounds of it yours is the latter + the mods. You never get you money back on mods and any buyer would see the clutch as neccessary...
so... £15K but I suspect you will not have much luck at the moment.
Maybe the government should try an kickstart the chim market!
This sounds good to me too Whats its worth and what someone can or will pay has never been more relevant.
To start the ball rolling...
Cheapest Chim £5K to £7K
Average Chim £8K to £10K
Good late Chim £11K to £13K
From the sounds of it yours is the latter + the mods. You never get you money back on mods and any buyer would see the clutch as neccessary...
so... £15K but I suspect you will not have much luck at the moment.
Maybe the government should try an kickstart the chim market!
My opinion (which I'm afraid you wont like to hear) is you need to lower your expectations a bit. I've had my 500 on the market for the past few weeks. My expectations were between 11 and 12K etc...
Mines a 98 with 50,000 miles (so it's cheaper than yours etc) but it's got a simlar amount of recent work including new cam etc... Rob Ingleby inspected, Massive history, Chassis is mint and nice colours also...
I've just accepted an offer of below £10K
Buyer is collecting on saturday!
Good luck with getting what you want for yours but the market really isn't great right now...
Perhaps it's just me who's giving mine away
...
Mines a 98 with 50,000 miles (so it's cheaper than yours etc) but it's got a simlar amount of recent work including new cam etc... Rob Ingleby inspected, Massive history, Chassis is mint and nice colours also...
I've just accepted an offer of below £10K
Buyer is collecting on saturday!Good luck with getting what you want for yours but the market really isn't great right now...
Perhaps it's just me who's giving mine away
... If I were still looking for a 500, and saw yours advertised I would be expecting it to be advertised at £14-15k and would hope to pay £13-14.
I would be particularly keen on a taraka engine with a 2 year warranty and the rest of the car in mint condition.
Don't give it away unless you have to, put it up for £15K ONO and see whats what. There are buyers out there who will pay the right money for a car in the right condition.I know I would!
Shame I'm not looking for a Chim at the moment otherwise I'd bite your arm off for that spec.
Good luck whatever you decide!
I would be particularly keen on a taraka engine with a 2 year warranty and the rest of the car in mint condition.
Don't give it away unless you have to, put it up for £15K ONO and see whats what. There are buyers out there who will pay the right money for a car in the right condition.I know I would!
Shame I'm not looking for a Chim at the moment otherwise I'd bite your arm off for that spec.
Good luck whatever you decide!
Edited by S6 Devil on Wednesday 3rd September 19:40
Meatball said:
Its a 16k car if you can wait
.....
I would like to say your right but the sad fact is we have taken a beeting as have others so all's fair i guess i would post a link but can't be assed to find out how to do it but any way second page in on classifieds a 98 500 with the same engine upgrades 7999 squid, ok she's got more miles but ouch!mak said:
I would like to say your right but the sad fact is we have taken a beeting as have others so all's fair i guess i would post a link but can't be assed to find out how to do it but any way second page in on classifieds a 98 500 with the same engine upgrades 7999 squid, ok she's got more miles but ouch!
Breathe man, breathe.Ok - so thanks for your opinions guys.... pretty much where I had got to too, on the basis that before the work it was probably a £10 - £11k car, the work was £7k - and I'd hope to recover about half of it.
I agree with the comments about the service and clutch being "normal" running costs - however they still have to be paid for - so for me if they've just been done, then they won't need doing again anytime soon.
I'm doing all I can to hold onto the car, as I know that to get one to a similar standard would be both difficult - and probably end up costing me more money (maybe that means I'm not asking enough - or maybe I'm just depressed about the whole situation) - but anyway, thanks for your thoughts and observations.
Fizzer.
I agree with the comments about the service and clutch being "normal" running costs - however they still have to be paid for - so for me if they've just been done, then they won't need doing again anytime soon.
I'm doing all I can to hold onto the car, as I know that to get one to a similar standard would be both difficult - and probably end up costing me more money (maybe that means I'm not asking enough - or maybe I'm just depressed about the whole situation) - but anyway, thanks for your thoughts and observations.
Fizzer.
Yep, its a buyers market I'm afraid. I just bought a 2000 450 with the faired in headlights. 28k miles with a full regular service history. It was purchased at the end of Feb this year from a well known very high quality TVR dealer for £18.5k. I paid less than 2/3 of that and am really chuffed with it.
Graham, Glad to hear you sold the 500 - a shame it went at such a price. It looked great, but just too high miles for what I was looking for really. Someone has a bargain!!!
To the original post, I'd put it up at £14.5k. Has to be worth that but doesn't seem the time to sell such a nice car which you've put alot of effort into. As I said above, it sounds like a bad thing to say but people always look a mileage on chims. The S's are old enough to escape that now but if people can buy lower mileage cars in just as good condition etc, they will be easier to sell on in a few years..IMO
Graham, Glad to hear you sold the 500 - a shame it went at such a price. It looked great, but just too high miles for what I was looking for really. Someone has a bargain!!!
To the original post, I'd put it up at £14.5k. Has to be worth that but doesn't seem the time to sell such a nice car which you've put alot of effort into. As I said above, it sounds like a bad thing to say but people always look a mileage on chims. The S's are old enough to escape that now but if people can buy lower mileage cars in just as good condition etc, they will be easier to sell on in a few years..IMO
Edited by TimmyArt on Thursday 4th September 11:44
Flintstone said:
mak said:
I would like to say your right but the sad fact is we have taken a beeting as have others so all's fair i guess i would post a link but can't be assed to find out how to do it but any way second page in on classifieds a 98 500 with the same engine upgrades 7999 squid, ok she's got more miles but ouch!
Breathe man, breathe.
Note to self, please edit before posting,,,,,,,,,,,,,,,. Ahhhhhhhhhh! Thats better 
Flintstone said:
mak said:
I would like to say your right but the sad fact is we have taken a beeting as have others so all's fair i guess i would post a link but can't be assed to find out how to do it but any way second page in on classifieds a 98 500 with the same engine upgrades 7999 squid, ok she's got more miles but ouch!
Breathe man, breathe.
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