Variation in prices?
Discussion
I'm currently looking at getting a Cerbera to cope with the new addition to my family and as such, my Chimaera will have to go. I've just been checking out the classifieds to see what my car would be worth and was quite surprised to find such a wide variation of prices.
My car is a 1994 Chimaera with 60k miles.
Plus points:
Chassis outriggers replaced 2009, carpets replaced, 18" wheels, Avo suspension, strong and healthy for a 400, starts whether cold/warm/hot, no shunting, gorgeous rare colour, lots of Leven interior accessories.
Bad points:
Quite a few stone chips - has always needed a front end respray even when i bought it over 7 years ago, drivers seat is scuffed on the side bolster.
The 4 litre cars (with similar miles) in the classifieds seem to range from tatty early cars at less than £6k to 1997/1998 cars at about £12k often with quite boring/safe colour schemes.
The £12k cars are very tidy, but with mileage about the same, is the price difference largely based upon condition (instead of age)?
My car is a 1994 Chimaera with 60k miles.
Plus points:
Chassis outriggers replaced 2009, carpets replaced, 18" wheels, Avo suspension, strong and healthy for a 400, starts whether cold/warm/hot, no shunting, gorgeous rare colour, lots of Leven interior accessories.
Bad points:
Quite a few stone chips - has always needed a front end respray even when i bought it over 7 years ago, drivers seat is scuffed on the side bolster.
The 4 litre cars (with similar miles) in the classifieds seem to range from tatty early cars at less than £6k to 1997/1998 cars at about £12k often with quite boring/safe colour schemes.
The £12k cars are very tidy, but with mileage about the same, is the price difference largely based upon condition (instead of age)?
I suspect also the price can vary depending on where in the country you are, and the exact colour scheme of your vehicle. I recently sold my chim 450 (for exactly the same reason, although I have gone down the XKR route now), I found quite a lot of enquiries were from the south and would only travel north if they couldn't find a car nearer to where they were. Also mine was in a relativly rare colour (purple) which would have meant that it wasn't to everybodies taste. The result of all this was I let it go for less than I would have liked in the end.
jsr said:
I'm currently looking at getting a Cerbera to cope with the new addition to my family and as such, my Chimaera will have to go. I've just been checking out the classifieds to see what my car would be worth and was quite surprised to find such a wide variation of prices.
My car is a 1994 Chimaera with 60k miles.
Plus points:
Chassis outriggers replaced 2009, carpets replaced, 18" wheels, Avo suspension, strong and healthy for a 400, starts whether cold/warm/hot, no shunting, gorgeous rare colour, lots of Leven interior accessories.
Bad points:
Quite a few stone chips - has always needed a front end respray even when i bought it over 7 years ago, drivers seat is scuffed on the side bolster.
The 4 litre cars (with similar miles) in the classifieds seem to range from tatty early cars at less than £6k to 1997/1998 cars at about £12k often with quite boring/safe colour schemes.
The £12k cars are very tidy, but with mileage about the same, is the price difference largely based upon condition (instead of age)?
Mine is in the classifieds for less than 6k,it might be a safe colour but is very tidyMy car is a 1994 Chimaera with 60k miles.
Plus points:
Chassis outriggers replaced 2009, carpets replaced, 18" wheels, Avo suspension, strong and healthy for a 400, starts whether cold/warm/hot, no shunting, gorgeous rare colour, lots of Leven interior accessories.
Bad points:
Quite a few stone chips - has always needed a front end respray even when i bought it over 7 years ago, drivers seat is scuffed on the side bolster.
The 4 litre cars (with similar miles) in the classifieds seem to range from tatty early cars at less than £6k to 1997/1998 cars at about £12k often with quite boring/safe colour schemes.
The £12k cars are very tidy, but with mileage about the same, is the price difference largely based upon condition (instead of age)?
and certainly not tatty.
You have to take some of these prices and throw them out the window imo, most of these ones up at 12k have been for neally a year!!! And are mostly dealers obviously trying to cover any problems after?
I was looking for a chim from this time last year and honestly I would have valued yours probably around 8k ish obviously try and get more to start with and if you have no bites then you know to drop the price.
Problem is I know I would rather pay the same money for a nice 450 for a tad more, may not have a brand new chassis but Aslong as its solid that will do me.
I paid 6k for my 430 which is a tidy and solid example, has had new suspension recently, good chassis, shed loads of history and 50k on the clock and arguably a much better engine.
I was looking for a chim from this time last year and honestly I would have valued yours probably around 8k ish obviously try and get more to start with and if you have no bites then you know to drop the price.
Problem is I know I would rather pay the same money for a nice 450 for a tad more, may not have a brand new chassis but Aslong as its solid that will do me.
I paid 6k for my 430 which is a tidy and solid example, has had new suspension recently, good chassis, shed loads of history and 50k on the clock and arguably a much better engine.
I think a lot of the variation can be explained by condition. As a generic example, lets take a '98 Chimaera 400 with 50,000 miles and look at some of the potential costs involved in bring up a 'tatty' one to fair condition:
outriggers
hood
bushes
wishbones
clutch
bearings
brake pads
cracked manifold(s)
leaking power steering rack
etc
Now I appreciated that perhaps not all these would be in immediate need of attention (or was it just mine
), but even several of these can add £000's to the true purchase cost - even more when you factor in labour charges (or is that just me ).
R
outriggers
hood
bushes
wishbones
clutch
bearings
brake pads
cracked manifold(s)
leaking power steering rack
etc
Now I appreciated that perhaps not all these would be in immediate need of attention (or was it just mine
), but even several of these can add £000's to the true purchase cost - even more when you factor in labour charges (or is that just me ).R
It's dependent on condition, but I suspect it would need to be a very good 4-litre to command £12k from a private sale.
When I looked the typical prices for a reasonable car were:
Early 4 and 4.3-litre cars - £6,000 to £8,500ish
Late 4-litres and typical 450s - £8,500 to £11,000
5 litres and exceptional examples of the others - £10,500 - £15,000
That was looking at private sales in deepest winter, though. I don't know how they will have changed with spring approaching, and god knows what the likes of Fernhurst would charge.
When I looked the typical prices for a reasonable car were:
Early 4 and 4.3-litre cars - £6,000 to £8,500ish
Late 4-litres and typical 450s - £8,500 to £11,000
5 litres and exceptional examples of the others - £10,500 - £15,000
That was looking at private sales in deepest winter, though. I don't know how they will have changed with spring approaching, and god knows what the likes of Fernhurst would charge.
Edited by Chris71 on Friday 4th March 09:52
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