Griffith prices. (again).
Discussion
RichB, with a little supply and demand mixed in for good measure.
I think that the reality is the market has a bit of a flood of supply, with prices running higher more get listed to cash in. If they aren't selling though, the prices will soften up to a more realistic level. People like me will never get what we would want - so we have our cars for life (not such a bad place to be frankly).
Cheers,
Rob.
I think that the reality is the market has a bit of a flood of supply, with prices running higher more get listed to cash in. If they aren't selling though, the prices will soften up to a more realistic level. People like me will never get what we would want - so we have our cars for life (not such a bad place to be frankly).
Cheers,
Rob.
I've been to Fernhurst and Racing Green this week (many thanks, guys), reaffirmed my decision to take the plunge.
My question on values, is there a difference between a 16 and an 18 year old car (e.g. 96 vs 98 Griff)? Surely it's down to the spec/service history and condition of the car, not the age.
However there seems to be a disproportionate increase in asking price for the slightly younger TVR, never mind the SEs...
Are they worth the extra? What am I missing?
My question on values, is there a difference between a 16 and an 18 year old car (e.g. 96 vs 98 Griff)? Surely it's down to the spec/service history and condition of the car, not the age.
However there seems to be a disproportionate increase in asking price for the slightly younger TVR, never mind the SEs...
Are they worth the extra? What am I missing?
I've been to Fernhurst and Racing Green this week (many thanks, guys), reaffirmed my decision to take the plunge.
My question on values, is there a difference between a 16 and an 18 year old car (e.g. 96 vs 98 Griff)? Surely it's down to the spec/service history and condition of the car, not the age.
However there seems to be a disproportionate increase in asking price for the slightly younger TVR, never mind the SEs...
Are they worth the extra? What am I missing?
My question on values, is there a difference between a 16 and an 18 year old car (e.g. 96 vs 98 Griff)? Surely it's down to the spec/service history and condition of the car, not the age.
However there seems to be a disproportionate increase in asking price for the slightly younger TVR, never mind the SEs...
Are they worth the extra? What am I missing?
TVR typically introduced minor changes to the cars throughout the line without an actual change in name or series number e.g. there are no Griff 500 Mk1s, Mk2s, Mk3s etc. Therefore the newer car is likely to have the later developments like twin cooling fans, T5 box, improved heating etc. I don't know off hand when all the changes occurred but I'm someone can tell you what a 98 car has that a 96 doesn't. Personally I don't like the style changes made to the SE, it's a run-out edition and the pepper pot rear lights a weak attempt to make it contemporary with the Tuscan.
mhag said:
Surely it's down to the spec/service history and condition of the car, not the age.
Logically, you are completely correct, but the market is not a very logical place. I too prefer the pre-SE design, but seems the dealers are able to trade on the "limited" aspect. Also, there are stories that during 97-98 the factory was actually over-stretched and as a result the quality was below usual (please don't ask to define 'usual'), especially regarding the chassis coating. So I'd agree that the much higher prices for the later cars are very hard to justify. Of course, if you own a Griff (highly recommended), watching the prices go up is rather pleasing. RichB said:
TVR typically introduced minor changes to the cars throughout the line without an actual change in name or series number e.g. there are no Griff 500 Mk1s, Mk2s, Mk3s etc. Therefore the newer car is likely to have the later developments like twin cooling fans, T5 box, improved heating etc. I don't know off hand when all the changes occurred but I'm someone can tell you what a 98 car has that a 96 doesn't. Personally I don't like the style changes made to the SE, it's a run-out edition and the pepper pot rear lights a weak attempt to make it contemporary with the Tuscan.
Agree. The SE have lost some perfection, same as late later Elise. Also have Chim dash.dod said:
ogically, you are completely correct, but the market is not a very logical place. I too prefer the pre-SE design, but seems the dealers are able to trade on the "limited" aspect. Also, there are stories that during 97-98 the factory was actually over-stretched and as a result the quality was below usual (please don't ask to define 'usual'), especially regarding the chassis coating. So I'd agree that the much higher prices for the later cars are very hard to justify. Of course, if you own a Griff (highly recommended), watching the prices go up is rather pleasing.
Regards the chassis coating......all of it was cr
p I concede some years may have been better than others, but if i was a serious buyer, then a full outrigger, shotblast of all the chassis etc. etc. would be the first thing to look for!
An ad that says waxoiled every year would have me running for the hills. as far as the chassis is concerned its the worst thing to do!
During TVR'S heyday, a owner has is 3/4 year old car in for service and tells the garage.....
"I have noticed some of the powdercoat has come away and the chassis is starting to rust"
"Dont worry sir, we shall waxoil all the chassis for you, to protect it"
ALL THE POWDERCOATING WAS CR
P, and if you have an original chassis, not covered in waxoil and in excellent condition, then you are in a very small minority.As for prices, its what they sell for, not what a dealer asks that is important.
Even more important is what each individual owner "thinks" their car is worth.
We may not all admit to it, but we put a lot more in, labour and money wise, than what any of us should ever expect in return.
Dont look at what a dealer is asking, look at private ads, and if they sell or not. This I.M.O gives a true reflection of value.
Griff prices are very strong at the moment....but are they selling?
You see the same cars advertised with an ever increasing asking price, so i would suggest they are not.
But im not complaining too much, as buyers start to look at the Chimaera,and other tiv's as a much more affordable alternatives.
This means the value of my Chim is on the up.
Im i bothered....not really....mines a keeper, and its not for sale, to me its priceless!
Edited by TJC46 on Saturday 25th January 23:12
Be interested to know what the general opinion is on this....4 litre precat £15K or 500 SE £29K?
I certainly can't see the SE being £14K's worth of extra driving experience or fun... In fact the earlier car with that pre-cat noise may well be a more enjoyable drive... So why would you spend 29K when you can have as much if not more enjoyment for 15K (and still in a Griff)... Better 'investment'? Lower running costs because it's newer/got less mileage on it? Bragging rights? It'll last longer?
Not knocking the asking price, I'm all for values going up, not because I want to sell my TVR, but I suspect that the higher prices will eliminate the few (or many?) that can just afford to buy but can't really afford the maintenance and another TVR becomes a dog. OK this is more pertinent to Chims but you get the idea...
It's the price differential I find slightly odd....
http://www.ebay.co.uk/itm/1992-TVR-GRIFFITH-4-0-li...
http://www.pistonheads.com/classifieds/used-cars/t...
I certainly can't see the SE being £14K's worth of extra driving experience or fun... In fact the earlier car with that pre-cat noise may well be a more enjoyable drive... So why would you spend 29K when you can have as much if not more enjoyment for 15K (and still in a Griff)... Better 'investment'? Lower running costs because it's newer/got less mileage on it? Bragging rights? It'll last longer?
Not knocking the asking price, I'm all for values going up, not because I want to sell my TVR, but I suspect that the higher prices will eliminate the few (or many?) that can just afford to buy but can't really afford the maintenance and another TVR becomes a dog. OK this is more pertinent to Chims but you get the idea...
It's the price differential I find slightly odd....
http://www.ebay.co.uk/itm/1992-TVR-GRIFFITH-4-0-li...
http://www.pistonheads.com/classifieds/used-cars/t...
ChilliWhizz said:
Be interested to know what the general opinion is on this....4 litre precat £15K or 500 SE £29K? I certainly can't see the SE being £14K's worth of extra driving experience or fun... In fact the earlier car with that pre-cat noise may well be a more enjoyable drive...
Noise is an oft quoted difference but let's be honest many 500s have a "sports" exhaust i.e. half or no stuffing and may have the pre-cats removed, it's an easy job. As for the drive, back in '99 when my car was new I had some work done and was given a 4.0 Chimaera to use instead. Had it for about 4 weeks and my wife got quite used to driving it too. When we got the Griff back the difference in performance was very noticeable, more so than you'd have expected, the 5.0 litre was thrilling whereas the 4.0 was simply quick. Reason I mention my wife is that she's not a "car nut" and is quite objective about cars, her remarks were quite telling, there's a lot of difference. Agree with TJC46 completely.
All these cars are now old. For me it wouldnt matter what year the car was, Price should be dependant on CONDITION not age, they are after all, all the same.
As has been said they are only worth what someone is willing to pay.
Are they overpriced right now.
Hope not, but fear they most probably are.
All these cars are now old. For me it wouldnt matter what year the car was, Price should be dependant on CONDITION not age, they are after all, all the same.
As has been said they are only worth what someone is willing to pay.
Are they overpriced right now.
Hope not, but fear they most probably are.
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