Griffith used values.
Discussion
Don't know really, having looked at cars like mine and comparing values it seems to be worth what I payed for it last year still. I certainly don't think I could find a better car for the same money in any case.
Seems therefore they may have bottomed out but its' possible that this is only the case for older cars.
I have no intention to sell, so I can't say I'm worried about it
Seems therefore they may have bottomed out but its' possible that this is only the case for older cars.
I have no intention to sell, so I can't say I'm worried about it
homersimpson said:
I bought mine Feb 2003.A couple of weeks ago I called the garage that I got it from just for a chat and he offered me the same price I payed for it as a straight sale
I'm currently involved in finding one. They're certainly not devaluing! They're damned difficult to find and are in demand. If bought a Griff about 18 months ago and am sure I couldn't buy another for the same price today!
edited to say: Erm, no, ignore that. They're worth next to nothing now. I recommend everyone re-evaluate their prices in the classified to a more realistic figure, but just let me know before the ad goes live and we're be round with a cheque
>> Edited by _DJ_ on Friday 18th June 11:28
I did think they had dropped a little but then had a look around to see it was generally the same as it was a year ago.
I think there just happens to be a few bargin ones around at the moment. Make sure you check the condition of such bargins, there is usually a reason why they are cheap.
Anyway, Im keeping mine too!
I think there just happens to be a few bargin ones around at the moment. Make sure you check the condition of such bargins, there is usually a reason why they are cheap.
Anyway, Im keeping mine too!
DustyC said:
I did think they had dropped a little but then had a look around to see it was generally the same as it was a year ago.
I think there just happens to be a few bargin ones around at the moment. Make sure you check the condition of such bargins, there is usually a reason why they are cheap.
Anyway, Im keeping mine too!
I should hope so, after all the grief you gave us!
A couple of precats have come up lately from £9995. There's one in particular which I have had the opportunity to glance at at this price, and it seemed straight, clean and excellent vfm. Then again some precats dissappear immediately at £13k - £15k and others linger for ever in between these extremes.
Could the market be getting more selective now that classic status beckons?
500s on the other hand do seem to have risen. I was looking at early 500s this time last year and there were plenty from £12k - £13k. Bottom dollar for a reasonable one seems to be £14.5k now.
Could the market be getting more selective now that classic status beckons?
500s on the other hand do seem to have risen. I was looking at early 500s this time last year and there were plenty from £12k - £13k. Bottom dollar for a reasonable one seems to be £14.5k now.
There must come a point either in years or miles that they become less viable as an everyday car and become enthusiast’s cars. If you take into account the running cost per mile are likely to increase with age/ miles as things inevitably wear out and go wrong, then the number of people able to take them on and keep them running is going to be smaller. This must be reflected in the price, it’s the same old story really you need to treat each one as an individual because they are all different. I’ve seen Griffs about for under £12K but they all needed a few grand spending on them to get them to a reasonable state.
I’d echo what
I’d echo what
griffter said:
Bottom dollar for a reasonable one seems to be £14.5k now.
beano500 said:
Bottom dollar for a reasonable one seems to be £14.5k now.
I'm not open to dollars......
.....but I take issue with you!
Sorry mate, I must have been working with an exchange rate of $/£ 1.37!
Comments are IMHO only of course and bear no relation to your particular car!
I spent the end of last year and the beginning of this looking at early Tuscans and more recent Griffs. Travelled to look at a fair few Grffs and without doubt the cheap ones were cheap for a good reason. People with nice ones wouldn’t budge on price because they were fairly certain of getting the money and were not in a hurry. I think the Griff market has been firmed up by people like me who looked at Tuscans but were too cowardly to go down the, out of warranty, speed six route. In the event that more independents can fix the S6 engine and we start to hear less stories of broken Tuscans I would not be surprised to see the values soften a little. Having said that, they don’t make them any more, so supply / demand becomes more important. I feel I paid too much for my not perfect example, from a dealer, but at the price, if I had’nt gone for it then the next man would have done. I felt that in Feb prices were firming and good ones were sold in a few days, now the sun is shining I guess the same applies.
griffter said:
500s on the other hand do seem to have risen. I was looking at early 500s this time last year and there were plenty from £12k - £13k. Bottom dollar for a reasonable one seems to be £14.5k now.
www.pistonheads.com/sales/detail.asp?i=25733&s=3&sc=Q24A
See?
Two snippets which should help keep prices firm are:
They are all Rover V8s and generally more reliable than the lovely AJs. This will make them cheaper to maintain. Less electronics as well.
And probably more importantly, I was told that the write off rate has increased since the cars became cheaper and more obtainable.
Demand is only probably going to be hit by changes in Govt legislation whereas Supply is only going to fall from here.
They are all Rover V8s and generally more reliable than the lovely AJs. This will make them cheaper to maintain. Less electronics as well.
And probably more importantly, I was told that the write off rate has increased since the cars became cheaper and more obtainable.
Demand is only probably going to be hit by changes in Govt legislation whereas Supply is only going to fall from here.
paid 13k for mine (93 griff 500) a week ago and it needed some attention.
1 - alt belt
2 - drivers window motor assm.
3 - windscreen wipers not working
4 - a bloody good clean !!
i have done all of these items for 100 pound and then covered 700 miles in my first week.
if you are prepared to get your hands dirty then you can still pick up a bargain that can be useable.
Although my y piece has just sprung a leak, but it is an eleven year old TVR !!!!
1 - alt belt
2 - drivers window motor assm.
3 - windscreen wipers not working
4 - a bloody good clean !!
i have done all of these items for 100 pound and then covered 700 miles in my first week.
if you are prepared to get your hands dirty then you can still pick up a bargain that can be useable.
Although my y piece has just sprung a leak, but it is an eleven year old TVR !!!!
Nano2nd said:
They are all Rover V8s and generally more reliable than the lovely AJs. This will make them cheaper to maintain. Less electronics as well.
agreed that is exactly the reason i bought the chim over a cerb and trust me i really really wanted (and still do) a cerb
Snap. I would have waited a year to get a Cerb if it had the Rover lump.
What put me off was the fact that I would never buy a new model TVR until they had bult enough of them to iron out all the niggles and new engines with low build numbers can take years to get spot on. The old Rover has been powering lumps of metal round the British Isles for over 40 years. And the Griff had been around long enough to clear up the innitial teething problems.
Added to that I was offered a totally sorted Griff with all the mods by a friend who was racing Tuscans at the time and his mecahanics tinkered on the griff when it sat in the paddock, at a very low price.
Gassing Station | Griffith | Top of Page | What's New | My Stuff