New Griffith LE deposit

New Griffith LE deposit

Author
Discussion

The Red Baron

Original Poster:

257 posts

131 months

Tuesday 19th November
quotequote all
Hi all. I'm looking for some advice please.

I've had a deposit down on the new Griffith since April 2017, but my financial situation has recently changed for the worse and I can't afford to proceed further. Disappointed, as despite the mixed reviews on the looks I still believe it is going to be a fantastic car.

What are my options? I believe I can sell it on. Anyone gone through the process before? Can you offer advice on where to advertise? Given that TVR are offering increased value for the deposit depending on length of time held I'd hope its worth more to someone else than merely getting it refunded.

Any advice is most welcome.

Cheers.

Tyre Smoke

12,528 posts

209 months

Tuesday 19th November
quotequote all
You could post on the TVR underwraps thread.

But your best bet is to sell it back to TVR.

twold

158 posts

78 months

Tuesday 19th November
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You could always advertise it on Pistonheads,wait a minute........you just didbiggrinbiggrin

Gazzab

17,290 posts

230 months

Tuesday 19th November
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I don’t understand why you wouldn’t just ask TVR for your deposit to be returned? Why would anyone buy a deposit when a) TVR have plenty to sell and b) the project is unlikely to materialise.

V8fan

2,547 posts

216 months

Tuesday 19th November
quotequote all
Most likely thinking it will sell at a 'premium?'

I saw some deposits listed for sale on ebay in 2018 and they didn't sell for more than original. I'm sure a few will be along to say get your money back 'sharpish.' frown

phazed

18,330 posts

152 months

Tuesday 19th November
quotequote all
Of course, this thread could be a wind up.

Tyre Smoke

12,528 posts

209 months

Tuesday 19th November
quotequote all
phazed said:
Of course, this thread could be a wind up.
It did cross my mind. How could you hold a deposit and not have at least read the 'underwraps' thread? Especially not being a noob?

Byker28i

20,759 posts

165 months

Tuesday 19th November
quotequote all
Speak to the company they will give you your money back.

As the car is not in production yet, there is no queue, so you do not have any additional value to your deposit by having an early place in the queue - is what I was told...

Gameface

10,606 posts

25 months

Tuesday 19th November
quotequote all
Gotta be a wind up. Who the fk would pay a premium for a deposit on car that isn't going to be made rofl

Penelope Stopit

5,468 posts

57 months

Tuesday 19th November
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How much?

m4tti

4,735 posts

103 months

Tuesday 19th November
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Comes with free Michael Jackson comeback tour tickets.

Penelope Stopit

5,468 posts

57 months

Tuesday 19th November
quotequote all
Might be worth much in the future

People will buy anything these days

https://www.ebay.com/itm/Omaha-Beach-D-day-75th-An...

BJWoods

4,925 posts

232 months

Wednesday 20th November
quotequote all
just ask for your deposit back.. no premium to be had.. as there are LE slots available from TVR. see their website

"There are a small number of Launch Edition (LE) Griffiths available, production of which will be limited to a maximum of 500. To secure one please use the form below to place a £5000 deposit and to indicate you would like one of the remaining LE builds, remember to tick the box marked LE Preferred otherwise the deposit will be queued to secure a subsequent MY01 Griffith."

https://www.tvr.co.uk/deposit

Gazzab

17,290 posts

230 months

Wednesday 20th November
quotequote all
Is my money at risk?

No – we would never allow that to be the case. We are well funded, and are here to stay! The deposit line has opened in response to a large number of requests from potential customers wishing to place a deposit on the basis of the information currently available both in the motoring press and on our website. If you do not consider this to be sufficient for you to decide whether or not you should place a deposit, we recommend you do not do so. However, if you pay by credit card, your payment is guaranteed by the credit card company.

N7GTX

4,129 posts

91 months

Wednesday 20th November
quotequote all
BJWoods said:
just ask for your deposit back.. no premium to be had.. as there are LE slots available from TVR. see their website

"There are a small number of Launch Edition (LE) Griffiths available, production of which will be limited to a maximum of 500. To secure one please use the form below to place a £5000 deposit and to indicate you would like one of the remaining LE builds, remember to tick the box marked LE Preferred otherwise the deposit will be queued to secure a subsequent MY01 Griffith."

https://www.tvr.co.uk/deposit
Is that 2021 model year?

The info is at odds with the FAQs. "What is the Launch Edition?
The Launch Edition is now fully allocated"


LucyP

23 posts

7 months

Wednesday 20th November
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Actually I don't think that you are covered if you have paid by credit card. The item that you are buying has to cost more than £100, but less than £30,000 and the Griffith is more than £30,000.

If the goods are £25,000 and you paid a deposit of £500 on your card, then you are protected. But if the goods cost more than £30,000 then you are not protected by Section 75.

glow worm

4,317 posts

175 months

Wednesday 20th November
quotequote all
Better to pay the deposit in BITCOINS, a fictitious currency for a fictitious car smile