What's a dead one worth?
What's a dead one worth?
Author
Discussion

Malx

Original Poster:

871 posts

233 months

Thursday 18th August 2011
quotequote all
After owning my Cerb for about 4 years I'm throwing in the towel as it's not a joy to drive as the engine has let go again. I'm constantly on edge listening for things not sounding right so I end up not using the car.
The garage that did the initial rebuild have admited fault and have send the cash to another garage to do the rebuild. My plan is that once it's rebuilt i'll sell it complete with 3 year warranty.

My question is, if I were to sell the 97 4.2 silver (with black and grey inside) as a project to someone for them to rebuild what might it be worth? I've not seen anything in the classified.

Thanks,

Malx

Huntsman

9,324 posts

279 months

Thursday 18th August 2011
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I dont know the asnwer but I have wondered the same thing, a Cerb with a dead engine would be right up my street.

Malx

Original Poster:

871 posts

233 months

Thursday 18th August 2011
quotequote all
You looking to strip it or transplant a new engine in it?
If i don't go ahead with the rebuild it would come with the old engine which does still run. It's had new discs, brakes, brand new alarm system, tuscan S rear shocks.

900T-R

20,406 posts

286 months

Thursday 18th August 2011
quotequote all
I'd say on a '97 car the main determinant of price less working engine that's not visible at first glance would be chassis condition.

Malx

Original Poster:

871 posts

233 months

Thursday 18th August 2011
quotequote all
According to the two garages that have looked at it, it's fairly clean and not showing signs of rust/rot.

Gazzab

21,638 posts

311 months

Thursday 18th August 2011
quotequote all
I would say it's probably worth more than the fixed value less the cost of a rebuild...?
A fixed early car is worth say 10k, a rebuild could be 5k. I would say a broken one is worth say £6.5k? All very rough n ready figs and all IMHO.

Malx

Original Poster:

871 posts

233 months

Thursday 18th August 2011
quotequote all
Gazzab said:
I would say it's probably worth more than the fixed value less the cost of a rebuild...?
A fixed early car is worth say 10k, a rebuild could be 5k. I would say a broken one is worth say £6.5k? All very rough n ready figs and all IMHO.
Bloody hell! That's a lot more than i thought. Rebuild was priced at waaaaaaayyy more than that. It might work out better for me to sell it broken.

Huntsman

9,324 posts

279 months

Thursday 18th August 2011
quotequote all
Malx said:
You looking to strip it or transplant a new engine in it?
If i don't go ahead with the rebuild it would come with the old engine which does still run. It's had new discs, brakes, brand new alarm system, tuscan S rear shocks.
I'd rebuild the AJP, engine rebuilds are a hobby of mine and I've been wanting to do a V8 for a long while, what better than an AJP.

In terms of value, I suppose an average early 4.2 Cerb as noted above is about the £10k mark, typically I would observe that a project car is worth a bit less than the finished cost less the cost of repairs. I've bought and fixed and sold a load of MOT failures, light crash damage and broken cam belts etc, not as an income, just as a hobby, but of course its nice to make some beer tokens, typically I reckon on spending a third on buying, a third on fixing and a third is my bonus!

Pop is on ebay with a reserve and see where it ends, reasonable way of testing the market.

Gazzab

21,638 posts

311 months

Thursday 18th August 2011
quotequote all
Just look at prices at the breakers...
If the car has a solid chassis and doesn't need too much spent in addition to engine then I would say 6.5k could be achieved. If you want to sell it for 4k I have the cash waiting :-)

Malx

Original Poster:

871 posts

233 months

Thursday 18th August 2011
quotequote all
Thanks for all the replies, this has given me another option which looks like it would work out better for me. Can't be bothered with the 1000 mile round trip to pickup the car only to sell it in winter.

I may be back shortly, i need to phone the garage....

Malam

719 posts

232 months

Thursday 18th August 2011
quotequote all
I've advertised mine in the past, a 98 4.2 with FSH, air con, hydratrak, Halcyon Paint, Private plate etc The engine is out of the car as it needs a new auxiliary shaft, and the outriggers do need attention as I can see little holes in the front corners. The best offer I had for mine was 5k and I get to keep the AJP.

Good luck with the sale, but don't expect to get much for it. It seems most people who are after non-running Cerbs want them as cheap as possible for LS conversions.


HarryW

16,028 posts

298 months

Thursday 18th August 2011
quotequote all
Non runner early car (problably going to have better cahssis then a lot of the later cars) in average conditon, no paint required etc is certainly no more than 5k, sadly probably less.

amazon

3,704 posts

240 months

Thursday 18th August 2011
quotequote all
This is a sad thread Malcolm. Is there a compromise? There are already people who have shown inerest in rebuilding the engine - can you not buddy up with someone and do the re-build?

Having done the work 'yourself' you can faith in the engine (that knowledge of whats gone on brings) and then you will undoubtedly drive it with a new found confidence as well.

Maybe I'm being a bit romantic, but it seems a good plan to me. I would like to buy it from you and do just that, if you are still keen to sell it smile.

But do have a re-think!

Malx

Original Poster:

871 posts

233 months

Friday 19th August 2011
quotequote all
Thanks again for all the replies.

It seems I underestimated what a broken one is worth vs a fully rebuilt one.

It is a sad thread but i can't buddy up with someone, i'm out. I had a dream when I was 16 and i can remember clearly talking to a friend at work one saturday evening. We were talking about what cars we'd buy if money was not an object. For me it was the Cerbera, and a few years ago I bought my dream. within 100 miles on day one the engine had blown. 11 months later the car was returned and but there was always something.

I'm sick of the lies from certain garages and don't like the feeling of "Will my car start today?". They say, never meet your heros, I agree, the dream is shattered. I can live with the big bills but as I work from home I don't drive everyday so the poor thing just sits.

I've got a couple of good leads to offload the car and would love to sell it to someone who will revive it. I might have a deal with the current garage which will see all parties pleased.

The memories of the days it did work, being "spotted" in the Scotland's finest car thread, the looks from other drivers and the "grin" that it gives will stay with me but i need rid of it before they go too frown

Gazzab

21,638 posts

311 months

Friday 19th August 2011
quotequote all
Good luck mate :-(

900T-R

20,406 posts

286 months

Friday 19th August 2011
quotequote all
amazon said:
I would like to buy it from you and do just that, if you are still keen to sell it smile.
eek Nicky are you stockpiling them until there's none left, at which point you will charge a kingdom for one and take over the world? hehe

julian64

14,325 posts

283 months

Friday 19th August 2011
quotequote all
Bit like carbon Als old car.

All that loving care put into the car with carefully and lovingly crafted carbon all over the engine bay, and interior. A real showroom display of what could be done with carbon. Was the feature in a number of threads a while back and pretty much his shop front window.

Gets sold for 6.5K having broken down at a garage with no working clutch.

pirateTVR

172 posts

194 months

Friday 19th August 2011
quotequote all
As previously mentioned,Ebay.
Set a reserve you`d be happy with,if it`s met great,if not contact the highest bidder post auction.
Either way it would end the speculation.
Good luck.

Brummmie

5,284 posts

250 months

Friday 19th August 2011
quotequote all
Paid £8k for mine with a broken crank back in the day, i reckon £5k is sensible, would make an ideal LS donor...

Byker28i

91,546 posts

246 months

Friday 19th August 2011
quotequote all
julian64 said:
Bit like carbon Als old car.

All that loving care put into the car with carefully and lovingly crafted carbon all over the engine bay, and interior. A real showroom display of what could be done with carbon. Was the feature in a number of threads a while back and pretty much his shop front window.

Gets sold for 6.5K having broken down at a garage with no working clutch.
But is back in ownership and was at the recent RR day, running well.