Why has this car been for sale for so long?
Discussion
Why has this car been for sale for so long?
http://pistonheads.com/sales/3026676.htm
One of the older Griffith 500's, but mileage is ok and it's a total rebuild. I believe STR8SIX have an excellant repitation as well. I viewed this car nearly 9 months ago at STR8SIX premises and was impressed with the build (although I am a novice with TVR's). I really thought they would of found a buyer by the spring this year. Can't understand it? If I can save a few more pennies I may be interested in this car later this year.
http://pistonheads.com/sales/3026676.htm
One of the older Griffith 500's, but mileage is ok and it's a total rebuild. I believe STR8SIX have an excellant repitation as well. I viewed this car nearly 9 months ago at STR8SIX premises and was impressed with the build (although I am a novice with TVR's). I really thought they would of found a buyer by the spring this year. Can't understand it? If I can save a few more pennies I may be interested in this car later this year.
Agreed, too expensive
The car by my maths is 16 years old with a nut and bolt restoration (8 years ago)
I bought my griff two years ago in mint condition with history paperwork that would sink a ship.
Nearly half the mileage and a lot less money
On another note
Why are the costs so random with reference to model age etc.
I have looked at Griffs for sale on numerous sites and some of the price difference are incredible.
Same car colour spec etc, mileage and year.
Dealers do cost more for peace of mind and warrentys etc, but just in general the prices seem to be so random, or is it me
IS there such a difference in prices for models
The car by my maths is 16 years old with a nut and bolt restoration (8 years ago)
I bought my griff two years ago in mint condition with history paperwork that would sink a ship.
Nearly half the mileage and a lot less money
On another note
Why are the costs so random with reference to model age etc.
I have looked at Griffs for sale on numerous sites and some of the price difference are incredible.
Same car colour spec etc, mileage and year.
Dealers do cost more for peace of mind and warrentys etc, but just in general the prices seem to be so random, or is it me
IS there such a difference in prices for models
IMHO it's not possible to know if this car is overpriced unless you've seen it for yourself. A proper rebuild can make the car better than any Griff has ever been when new. You cannot judge this from a couple a stamp sized pics on your laptop screen. And history doesn't tell you everything (very easy to leave things out that you don't want in there) - if you have the complete history since the rebuild backed up by photographs of the rebuild itself that will be fine.
Most owners are delusional about the state of their cars, and dealers are not any better. But - if the owner has gone through a PROPER rebuild, he will know how good the car is. Perhaps he doesn't need to sell it and is just waiting for the right person.
I've paid over perceived market price for a couple of my cars to get my hands on them, and I've never regretted it. In the end, buying the best pays you back (in money or enjoyment, if you're very lucky both), and especially buying a top quality restoration since the rebuild cost will be many times the premium you're paying. But this is only one way of running your hobby, it is perfectly valid to look for the right bargain.
Of course I'm not saying that this car is one of those good buys - I haven't seen the car. All I am saying is that the car's value TO YOU is not easily assessed over the internet. If the car by itself ticks the right boxes for you, go out and see it and then make your decision.
From what I've seen in the ad, I would be weary of the number of years since the rebuild and I would want to see the mileage and service history since then. Check the chassis to see how this car has been used!
Onno
Most owners are delusional about the state of their cars, and dealers are not any better. But - if the owner has gone through a PROPER rebuild, he will know how good the car is. Perhaps he doesn't need to sell it and is just waiting for the right person.
I've paid over perceived market price for a couple of my cars to get my hands on them, and I've never regretted it. In the end, buying the best pays you back (in money or enjoyment, if you're very lucky both), and especially buying a top quality restoration since the rebuild cost will be many times the premium you're paying. But this is only one way of running your hobby, it is perfectly valid to look for the right bargain.
Of course I'm not saying that this car is one of those good buys - I haven't seen the car. All I am saying is that the car's value TO YOU is not easily assessed over the internet. If the car by itself ticks the right boxes for you, go out and see it and then make your decision.
From what I've seen in the ad, I would be weary of the number of years since the rebuild and I would want to see the mileage and service history since then. Check the chassis to see how this car has been used!
Onno
Fair point JazzyO
I may have paid more for my Griff than others around at the time!
It ticked all the boxes and i had confidence in the overall quality, condition etc.
Basically it was the one i had to have and that was that.
I suppose its the old saying (you get what you pay for)
So if someone has spent time and money restoring a car, house, whatever, then if its done well, it worth paying that extra premium.
Vince
I may have paid more for my Griff than others around at the time!
It ticked all the boxes and i had confidence in the overall quality, condition etc.
Basically it was the one i had to have and that was that.
I suppose its the old saying (you get what you pay for)
So if someone has spent time and money restoring a car, house, whatever, then if its done well, it worth paying that extra premium.
Vince
Thanks all for your thoughts. I agree with all your comments although I tend to pay for quality and a well sorted car. My Caterham is rebuilt and is now lots better then a factory built car. That experience along with an interest in experiencing Griffith ownership attracted me to this car in the classifieds.
Johno said:
I know the car and the man that restored it, it is mint condition throughout, incl. The chassis.
As for price, it's worth what someone will pay .....
I would suggest that the ad does not reflect or convey the condition of the car well as those that know the car think it is a good one, but it really does not stand out when reading the ad.As for price, it's worth what someone will pay .....
Ult-Jim said:
Why has this car been for sale for so long?
http://pistonheads.com/sales/3026676.htm
One of the older Griffith 500's, but mileage is ok and it's a total rebuild. I believe STR8SIX have an excellant repitation as well. I viewed this car nearly 9 months ago at STR8SIX premises and was impressed with the build (although I am a novice with TVR's). I really thought they would of found a buyer by the spring this year. Can't understand it? If I can save a few more pennies I may be interested in this car later this year.
20 k miles less and with PAS, and a couple of £K less and it would fly out of the door.http://pistonheads.com/sales/3026676.htm
One of the older Griffith 500's, but mileage is ok and it's a total rebuild. I believe STR8SIX have an excellant repitation as well. I viewed this car nearly 9 months ago at STR8SIX premises and was impressed with the build (although I am a novice with TVR's). I really thought they would of found a buyer by the spring this year. Can't understand it? If I can save a few more pennies I may be interested in this car later this year.
You could nearly get a last hundred car for that..
It does lok very nice though, possibly 2-4 k ambitiuos on price. But if somebody wants it, it only takes one person.
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