30K Chim!!!!!!!!

30K Chim!!!!!!!!

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mattgtd

Original Poster:

322 posts

139 months

Friday 26th June 2015
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http://www.ebay.co.uk/itm/1998-R-TVR-CHIMAERA-520-...

400 bhp, seriously?

I personally love the fact both doors are clearly darker than both 1/4 panels.

What a joke, never a 30k car surely???


mattgtd

Original Poster:

322 posts

139 months

Friday 26th June 2015
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phazed said:
If that's worth £30K mine is worth at least £35K.

It's probably a nice car but so are most of us regular PHers cars.

My guess it's worth about £15K.
Totally agree with that, it's a 98, so not one of the latest ones or anything, it's on 51k, so not low mileage or anything either.

A nice engine but other than that just a 98 500 with a bit of a bland interior and 2 odd coloured doors!
Good luck with the sale !!!

mattgtd

Original Poster:

322 posts

139 months

Friday 26th June 2015
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Not talking the value down, just being realistic that's all guys.
Come on, 30k?
I'm the first one to say the same as you guys have when I see what look like good cars advertised at £6995 etc, but there comes a point when you would just buy another car surely?
I love my Chim, I really do, but if I'd had 30k then I can't promise I'd still have bought a Chim.
Would probably own an M12 now if being honest.

mattgtd

Original Poster:

322 posts

139 months

Saturday 27th June 2015
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ChimpOnGas said:
What I don't understand is why anyone would bother to create this post in the first place confused

Who cares if a car dealer is asking £30k for a Chimaera? It may well be overpriced in the eyes of many here but who knows he may end up selling it.

Personally I wish the dealer all the luck in the world with his sale, you'd never get a post like this on a Porsche forum because they're all talking up the value of their cars not talking them down. Probably because they're all ambitious aspirational types, you don't find many Porsche owners with the TVR owner's "I'm poor & I'm proud of it" attitude.

£30k is peanuts for many people these days, I've seen banker mates spend that on dinner with a few decent bottles of wine, if one of these guys wanted a TVR Chimaera they wouldn't blink at £30k.

And I suspect it's just this type of buyer the dealer is hoping to stubble on.

We live in a free market economy, that means you can sell what you own for whatever you feel its worth.

If a buyer comes along and is happy to pay the price, the dealer will get his sale & make his profit, what could possibly be wrong with any of that confused

No one gets hurt, everyone is happy and the dealer is making money like we all have to in life, pricing something strongly is not some sort of crime it's just a dealer chancing his arm that he'll find a buyer who's prepared to pay strong money.

I say good luck to the dealer, we should all respect his right to try to make the most profit he can, after all it's the foundation concept of any free market economy.

Who is the OP anyway?

Some sort of impoverished communist confused

Whats the worst that can happen here OP?

A Chimaera gets sold for strong money perhaps?

And how the hell is that bad for any of us Chimaera owners confused

Personally I think everyone selling their Chimaera should be pricing it as strongly as they dare, before long the higher prices will become the norm and the value of all our cars will have risen. This is one way the market value of anything can be influenced, estate agents have been doing it for ever!

But the bottom line is something is only worth what someone is prepared to pay for it, so my parting comment is...

"Let the market dictate the value"

We should all be getting behind this sale and egging it on, not critisising the seller for trying to get the most money he can for his car confused
That really made me laugh, thanks laugh

mattgtd

Original Poster:

322 posts

139 months

Saturday 27th June 2015
quotequote all
" Whats the worst that can happen here OP?

A Chimaera gets sold for strong money perhaps? "

Doubt it to be honest, the one below started at £29995, quickly reduced to £26995 and now at the below. Keep in mind that it's also a late one, better spec, "apart from engine" and cosmetically it looks to be extremely clean, obviously we can only see the body in the pics and not underneath, It's also got all it's panels the same colour.
I would just say that Chimaera's are lovely cars they really are but they are not 30k cars at the moment end of.


GTRene said:
I really like this one, got the latest things mk3 like the rear and front lights and Cerbera? seats, also a nice combo me thinks, the price is also not to bad for such car, really a nice example.

TVR Chimaera 500 (2002)

It has a 'I want' on it biggrin

http://www.pistonheads.com/classifieds/used-cars/t...

mattgtd

Original Poster:

322 posts

139 months

Saturday 4th July 2015
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Fair Price Cars said:
May I begin by thanking MATTGTD for bringing my car to the attention of others on the forum and adding to my publicity. As a purveyor of general and specialist cars my knowledge and experience has broad width, but often depth of knowledge on a specific model or car can be limited. It is therefore heartening to be educated by those who know so much better – I’m sure many of you can appreciate that in addition to forums like these, I also see many nasally voiced specialists in my warehouse as and when I have something special to sell.

If I can return the favour by passing on my own responses to a couple of comments:

MATTGTD You have fixated on the paint colour of the doors on my car. I can assure you that this car has even and immaculate original paint on every mm of the body. However, the Chimaera body has front wings offset quite substantially from the door fronts, and bowed rear quarters which means that the light reflects in different ways from the three panels. In certain colours, red and silver especially, this can lead to an apparent distortion in colour. Fortunately, those who know these cars will be aware of their shape and therefore allow for that.

You also commented that the car is not ‘low mileage’. I would disagree. It has long been held that the average mileage in the UK for a car is 12,000. However, a Motor Insurance organisation recently published adjusted figures for different types of car. Coupes, convertibles and roadsters came out at 11,600 miles per year average. This car has covered less than 3,000 per annum – around 25% of average, so YES, it is a very low mileage car. In addition, the brand new engine has covered just a shade over 10,000 miles.
Finally, you described this car as “…just a 98 500 with a bit of a bland interior…” Whilst I respect your expertise and wisdom, this is clearly not the case, as with the exception of the body, chassis and interior there is barely a bolt or a washer which is original.

SIMONWEDGE You misquoted me as saying I would “…confidentially estimate…” actually, I said confidently. Quite a different meaning.

A few other very relevant comments were made. The reference to 400 bhp was quoted by the owner of the vehicle from whom I obtained the car, a very regular customer and prolific collector of classic and exotic cars. He has actually had the car on a RR in Yorkshire (for which I have the receipt) and has a print-out showing 400+ bhp. Unfortunately he has not yet laid his hands on the print out, so I am not prepared to quote it. The figure of 370 lb/ft was quoted as a conservative estimate by V8D.

So, finally let me deal with value. This car is not a Chim 500. It has a completely new purpose built engine and ancillaries which I will not detail ad infinitum, suffice to say that the engine is not a back street bore out. It has been done properly and spec’d by the then owner, a very experienced TVR specialist. In addition to the cross bolted engine it has a proper braking system, with high spec discs, pad, ancillaries, hoses etc., a proper racing clutch and ancillaries, a full redesigned suspension set up, prop, rear axle and LSD and so much more. Add to that a service history which is simply second to none, and a provable history of proper dry storage and this car is special…

I would estimate the cost of carrying out the same conversion today as being not shy of £20,000, that’s after you buy the car.

However, value isn’t always calculated by what one spends, I know this as much as anyone.

I calculate the value of cars I sell by what the market has set. Unfortunately, there is no comparison for this car on the market today, or indeed recently. I have therefore set the price at the top end of what I think it will achieve, with an option to submit best offers. The car will find its mark, of that I am sure, and I am confident that the final sale figure will be in excess of £25,000. MATTGTD You commented that if you were spending £30,000 today it probably wouldn’t be on a TVR. But could you find a pristine, low mileage, perfectly maintained, dry-stored classic which can achieve 0-60 in around 3.5 seconds and a top speed in excess of 185mph?

TVR cars have suffered their unpopularity due to manufacturing shortcuts and reliability issues, but they are now beginning to fall into another category – classic cars. Mint condition, well maintained British sports cars will always fetch top dollar, and the market is as strong now as it has ever been.

I recently saw a Ford Sierra Cosworth, not a 500, which was absolutely original but untouched for 12 years, reach £45,000 in auction.

So…I agree with those of you wise enough to understand the power of market forces. I am not a private TVR owner, I am just the temporary keeper of this car whilst it is between owners, but if I was an owner I would not be devaluing the brand, but instead recognising it as a fast appreciating and increasingly rare British asset.

Oh, and PHAZED, if you want me to sell yours on your behalf, I can guarantee you a substantial return on your £11,000 investment.
I have to be honest and say that I didn't read all of that as I got completely bored half way through.
just for the record I'm the technical and training manager for the second largest accident repair chain in the UK and also sit on various expert working groups and development groups for 4 major paint companies. With this in mind I'd probably advise you against trying to offer some sort of education on paint and light refraction on here.

Good luck with the sale, I can't be a@#ed with writing war and peace and having a major debate about it as I have a life and things to be doing on a Saturday.

mattgtd

Original Poster:

322 posts

139 months

Saturday 4th July 2015
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Saddleworthian said:
As a guy with an interest in cars, I have followed the forums on PH for sometime, without feeling the need to get involved.

However this discussion has forced me over the edge and I feel bound to add my two-penneth...

It is quite clear from the photos I have seen of this car that the paint seems to match perfectly well. Just look at it from all angles. But what prompted me to get involved was your need to noisily establish your credentials and then offer some veiled threat against contradicting you. To borrow a quote, "you have nothing to say and you're saying it too loudly."

As for having a life and other things to do on a Saturday - then why are you here? And why were you here last Saturday? And if you are in such high demand as a world paint expert, why were you on here all day on a Friday?

The lady doth protest too much?
Have a word with yourself Charles Dickens, you've conveniently joined today, just after fair priced cars join and get involved....you're not at all connected to the seller are you, oh no! laugh

For the record I wouldn't call "I'd probably advise against" a threat?

Now if you're trying to tell me that the door and nsr 1/4 are the same colour then fair enough, I'm obviously wrong and don't know what I'm looking at.


This car seems to all match fine though, even with it's flared wings and bulged arches etc.

P.s whoever owns this car, looks great on those wheels!

mattgtd

Original Poster:

322 posts

139 months

Sunday 5th July 2015
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ChilliWhizz said:
Complete and utter bullst, never quote figures you can't prove to be correct, or quote what you've heard down the pub... The spec of the Chim you're selling will be absolutely nowhere near those kind of figures. You're an imbecile.
laugh glad it wasn't just me thinking that!

mattgtd

Original Poster:

322 posts

139 months

Monday 6th July 2015
quotequote all
N7GTX said:
This might help someone make a decision.

www.cardealerwatchdog.com/fair-price-car-sales-in-...
Well well, the plot thickens......

mattgtd

Original Poster:

322 posts

139 months

Monday 6th July 2015
quotequote all

[PS - I logged into this forum specifically to comment on this thread, having previously searched 'Chimaera 520 price'. I then watched the drama unfold, having established that I might be a buyer for this car, or at least something similar. If the paranoid and insecure among us choose to misinterpret these facts in order to justify further acts of childish hostility (as one or two previously did in respect of another poster...), then please knock yourselves out. I just want you to be happy, that's all.]




Yep totally believe you, not linked to the seller at all, oh no rolleyes








Edited by Tim-51gz2 on Monday 6th July 15:06

[/quote]


Edited by mattgtd on Monday 6th July 15:41

mattgtd

Original Poster:

322 posts

139 months

Monday 6th July 2015
quotequote all


"I hate over-dressed engine bays with anodised everything and liberal applications of silicone on everything.....that doesn't say "mint" to me at all. Those who get a hard-on for the tinsel adorned, 'Max Power' look are welcome to it. (That pic earlier in the thread said it all...)."


Really wouldn't call this engine bay "Max Power" at all!

Edited by mattgtd on Monday 6th July 15:43

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