Why are prices all over the place?

[hallsie]

Hi All

Over here from the Wedge and Classics forum, so be nice!!

Im looking at an early 'L' reg 500 thats in need of a 'bit' of work, but looking through the classifieds I cant seem to see any rhyme or reason to the prices, ranging from 12k up to 20k+!

Im trying to work out what to do, and where it would be placed once the running gear and chassis are completed, but I dont have a clue!

Where do I start?

Thanks

Stu

P.S, 'bit' means 'quite a lot, but Im not worried'

[pjac67]

Hi Stu.

Griff prices have firmed up over the last 12-24 months so the starting price for an early/leggy 500 or pre-cat seems to be £12k (if up together) + now although there is still the odd 'bargain' to be had I think the days of finding anything in 4 figures has passed...unless its a real 'project'

Price is all down to condition and (less justified IMHO) mileage as (you know) it can be cheaper in the long run to spend a bit more for one than the full 'resto'...

Whilst SE's seem to be £25k + the remainder seem to be in a (relatively) narrow £10k band depending on the usual variables.

I would value an early 500 in the £12-£15k bracket if all OK depending on condition, mileage etc

Good luck, Paul.

[Pete Mac]

Prices do seem to be firming up. Could be a functions of:

• Weather, coming up to summer
• Definitely less Griffs for sale privateley. The Dealer prices seem to be about 5-10k higher than private and they are trying to push prices up
• Less around. I guess every week a few more get crashed, scrapped etc.
• Perhaps a realisation that a Griff is potentially going to be a desirable collector's car in a few years time as it has everything; looks, performance, pedigree(?) etc.
• What else is there out there in the market that does what a Griff does?

A bit biased perhaps but I'm trying to give a balanced view given that I have two Griffs. Although they were not bought as investments, I would be a liar if I said I wasn't interested in prices....

The biggest thing against Griffs and TVRs as a whole is to get rid of the poor reputation for reliability and the 'kit car' image.

I don't know if that gives you the answer you were looking for.

Pete

[Frio3535]

There is a big price spread with a lot of modern classics from other marques. Same with the Chimaera and Cerbera models. It's not been that long since production finished, from what is a relatively long lifecycle, on all 3 and during that time maintenance of the cars will vary greatly and, consequently, this will effect price. Now dealers are pushing up the price of good examples of all 3 which stretches the top end.

Edited by Frio3535 on Wednesday 30th April 08:59

[davep]

^^^^^^ This.

As clearly evident here:

http://www.racinggreentvr.com/car-sales/TVR-Griffi...

A '92 pre-cat 4.0 Griffith for SE money.

[hallsie]

Thanks for the replies.

So, if Im looking at a car with a renewed and powdercoated chassis, new suspension arms and new brakes/fuel lines, with a fair interior and a respray Ill be looking at between 12 - 16k ?

Would that be fair?

Stu

[V8 GRF]

hallsie said:

Thanks for the replies.

So, if Im looking at a car with a renewed and powdercoated chassis, new suspension arms and new brakes/fuel lines, with a fair interior and a respray Ill be looking at between 12 - 16k ?

Would that be fair?

Stu

With all that, you'll be looking at £16k plus if it's 500.

[Pete Mac]

V8 GRF said:

hallsie said:

Thanks for the replies.

So, if Im looking at a car with a renewed and powdercoated chassis, new suspension arms and new brakes/fuel lines, with a fair interior and a respray Ill be looking at between 12 - 16k ?

Would that be fair?

Stu

With all that, you'll be looking at £16k plus if it's 500.

Agreed, I think you will be lucky, especially in the spring.....

[hallsie]

anonymous said:

[redacted]

see

My plan will be to have it stripped and zinc sprayed, then new outriggers put on and any other areas of deterioration addressed.
Ill then choose a nice complimentary colour for powdercoating once its been re zinc'd.

something like how I did my Taimar!





Im hoping that in doing it this way it will last for another 20+ years.


Stu

[Quinny]

hallsie said:

Where do I start?

Thanks

Stu

This would be a good starting point..... Well known car, owned by long standing TVR club member.....

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

[neutral 3]

An E Type Series 1 Roadster ( with far better handling And performance ) And a far far rarer car and for a fraction of the price of an E is how I look @ my Griff 500.
And, at say £15 grand, for a reasonable Late ( Serp ) 500 what can touch it ?? Nothing that's what !

[Nick Brough]

Quinny said:

This would be a good starting point..... Well known car, owned by long standing TVR club member.....

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

They say you should never have regrets but this car did make me wonder if a few weeks ago when I put a deposit on a griff it was the wrong car. Seems a great car for a really good price, ce la vie.

Nick

Edited by Nick Brough on Thursday 1st May 05:20

[Pete Mac]

Nick Brough said:

Quinny said:

This would be a good starting point..... Well known car, owned by long standing TVR club member.....

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

They say you should never have regrets but this car did make me wonder if a few weeks ago I put a deposit on the wrong car. Seems a great car for a really good price, ce la vie.

Nick

I take back my previous comment about prices, that looks a cracker. Pete

[WinstonWolf]

Pete Mac said:

Nick Brough said:

Quinny said:

This would be a good starting point..... Well known car, owned by long standing TVR club member.....

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

They say you should never have regrets but this car did make me wonder if a few weeks ago I put a deposit on the wrong car. Seems a great car for a really good price, ce la vie.

Nick

I take back my previous comment about prices, that looks a cracker. Pete

Looks good, I'd say circumstances dictated the price on that one, a bit of a bargain

[Quinny]

WinstonWolf said:

Looks good, I'd say circumstances dictated the price on that one, a bit of a bargain

I hope I'm not speaking out of turn....... I know the seller personally..... And he's a proper petrol head... He's only selling due to lack of use, because he's developed new interests... Mostly centred around cycling, at a very serious level..

[WinstonWolf]

Quinny said:

WinstonWolf said:

Looks good, I'd say circumstances dictated the price on that one, a bit of a bargain

I hope I'm not speaking out of turn....... I know the seller personally..... And he's a proper petrol head... He's only selling due to lack of use, because he's developed new interests... Mostly centred around cycling, at a very serious level..

Pfft, I cycled more miles than I drove mine last year...

[billy no brakes]

hallsie said:

Hi All

Over here from the Wedge and Classics forum, so be nice!!

Im looking at an early 'L' reg 500 thats in need of a 'bit' of work, but looking through the classifieds I cant seem to see any rhyme or reason to the prices, ranging from 12k up to 20k+!

Im trying to work out what to do, and where it would be placed once the running gear and chassis are completed, but I dont have a clue!

Where do I start?

Thanks

Stu

P.S, 'bit' means 'quite a lot, but Im not worried'

Hallsie

YHM

This one is going up for sale shortly

[V8 GRF]

WinstonWolf said:

Quinny said:

WinstonWolf said:

Looks good, I'd say circumstances dictated the price on that one, a bit of a bargain

I hope I'm not speaking out of turn....... I know the seller personally..... And he's a proper petrol head... He's only selling due to lack of use, because he's developed new interests... Mostly centred around cycling, at a very serious level..

Pfft, I cycled more miles than I drove mine last year...

That car is a bargain and I'm sure the seller of that Griff cycled more miles than he drove last year and personal reasons are the ONLY reason that car's for sale.

[Slacey]

Thanks for the kind words folks! Yes, the car is for sale as I just don't use it, and the funds could be better used elsewhere. Oddly though I've had little interest, I'm wondering if the low price makes people think something's wrong with it (there isn't!)?

[hallsie]

V8 GRF said:

WinstonWolf said:

Quinny said:

WinstonWolf said:

Looks good, I'd say circumstances dictated the price on that one, a bit of a bargain

I hope I'm not speaking out of turn....... I know the seller personally..... And he's a proper petrol head... He's only selling due to lack of use, because he's developed new interests... Mostly centred around cycling, at a very serious level..

Pfft, I cycled more miles than I drove mine last year...

That car is a bargain and I'm sure the seller of that Griff cycled more miles than he drove last year and personal reasons are the ONLY reason that car's for sale.

Im sure both cars quoted above are great cars, and I would happily buy either one.

What I was getting at in the original post was wether a car that had had extensive chassis refurb and work on the bbrakes/suspension would command 12k or 16k or more!
and looking at the above examples quoted, it appears that even with a decent chassis they are still only fetching around the 12k mark!

I think Im still going to buy the one Im looking at, but it needs a bit of negotiayion on the price I think!

Stu