Discussion
Just been chatting with my insurance broker about the value of my Sagaris. It's going into the paintshop this week and going to come out a lovely white followed by orange leather interior. The history is fine and it's just turned 25k on a 05. I'm saying the value COULD be 60k by the end of the year and this is what i want it insured for. Anyone think i'm being unresonable?
Ta
Viz
Ta
Viz
Not a chance. Current values above £50k are for totally original low mileage unmolested cars. You're spraying it an unoriginal (to the Sagaris) colour that's going/now out of fashion, along with what sounds a bit of an iffy coloured interior.
I think in the current market you'd really struggle to get anywhere near £50k, more like £45k if you're lucky. By the end of the year I can't see that changing, it might even be worth less if there are original cars on the market for that money.
I think in the current market you'd really struggle to get anywhere near £50k, more like £45k if you're lucky. By the end of the year I can't see that changing, it might even be worth less if there are original cars on the market for that money.
Edited by kmpowell on Sunday 29th July 16:06
Ok,
Thanks for your feedback. So you are saying i'd be lucky to get £45k respraying white with new interior? Surely thats what it must be worth in an unmolested condition as it is now? Excellent history lots of receipts etc. So i'm actually harming the value not enhancing it!
From a shear supply and demand point of view if someone was selling tonight why wouldn't they put it on At £48-49k, there's only 2 up for sale. You'd be under cutting the top price and as long as it wasn't a CAT D, you could justify a price tag >£41,500.
Very interesting replies!
Ta
Thanks for your feedback. So you are saying i'd be lucky to get £45k respraying white with new interior? Surely thats what it must be worth in an unmolested condition as it is now? Excellent history lots of receipts etc. So i'm actually harming the value not enhancing it!
From a shear supply and demand point of view if someone was selling tonight why wouldn't they put it on At £48-49k, there's only 2 up for sale. You'd be under cutting the top price and as long as it wasn't a CAT D, you could justify a price tag >£41,500.
Very interesting replies!
Ta
natben said:
Viz, your probably right your car will be worth £45k+ at the moment but I do not think the new colour combo will add that much value as white and orange will not be to everyones taste.
G.
.......and not original. As stated by someone above, high values are for original low milersG.
It's insured with Chubb but the value isn't right at the moment and they want a formal valuation. I think it's something in the region of £34,000 insured value at the moment which i think is a bit out. Can i pay for someone to value it over the telephone does anyone know?? I'm really disappointed that white is going to cock the value up. If i had it put back to silver if i was going to sell it does that still count as original?
viz said:
It's insured with Chubb but the value isn't right at the moment and they want a formal valuation. I think it's something in the region of £34,000 insured value at the moment which i think is a bit out. Can i pay for someone to value it over the telephone does anyone know?? I'm really disappointed that white is going to cock the value up. If i had it put back to silver if i was going to sell it does that still count as original?
Full body respray in guessing is thick end of £4-6k so doing it twice £8-12k and your worried about its value....Standard cars with low milage full main dealer service history in concours condition will always fetch top £ regardless of make or model.
If you repaired it it's original colour that would improve your cars value from before the paint Job to after.
Another thing is with the insurance valuations is as you say they will value it what they believe it's worth or use a proper valued. If your car was ever written off you could then reject the cash offer highlighting it's physically impossible to buy the car for anything less than £XK and a cat d example is already £8k over your offer.
Advice/facts I picked up when I was buying mine were that, a change of colour will not have a negative effect on the value of a Sagaris(unlike most collectable cars!) Str8SIX sold a repainted car for around £52500 IIRC! And, having seen Don1's car on Friday I expect he has added to the value of his!
But when it came to the interior, it seems most people want the interior as black as possible!
If white works on a Sag it wont adversly effect the value! But, if it doesn't......
But when it came to the interior, it seems most people want the interior as black as possible!
If white works on a Sag it wont adversly effect the value! But, if it doesn't......
I'm having a little conversation with my insurers about this - they have said they would be happy to accept a 'letter of value' from a dealer, and they would go from there.
(Which reminds me, I need to follow that dealer up!)
But thank you - I like to think that mine is a version now of how TVR would have liked to have put them out.
(Which reminds me, I need to follow that dealer up!)
But thank you - I like to think that mine is a version now of how TVR would have liked to have put them out.
Well i'm planning to drop it off friday this week to be sprayed white. Quite a clean white, not pearl or that yellowy white crap. I was trying to stay away from the cascade colours. Don't get me wrong i think they are great and i've got the cash but i wanted something plain but that really stood out.
Interior wise, i can change it.
Interior wise, i can change it.
viz said:
Well i'm planning to drop it off friday this week to be sprayed white. Quite a clean white, not pearl or that yellowy white crap. I was trying to stay away from the cascade colours. Don't get me wrong i think they are great and i've got the cash but i wanted something plain but that really stood out.
Interior wise, i can change it.
It's a Sag. White with an orange interior will look good. Id go for a burnt orange than a bright one. Interior wise, i can change it.
I don't think Don has devalued his painting it brown.
Got to ask why is the Cerbera so lowly valued £ wise vs the other TVRs?? I don't get it they are all great cars but why the vast gap in values?
I mean best Sagaris £55k and you can pick up a tidy Cerbera 4.5 v8 for £10k ish there is no way the Sagaris is worth over five times as good??
I mean best Sagaris £55k and you can pick up a tidy Cerbera 4.5 v8 for £10k ish there is no way the Sagaris is worth over five times as good??
Welshbeef said:
Got to ask why is the Cerbera so lowly valued £ wise vs the other TVRs?? I don't get it they are all great cars but why the vast gap in values?
I mean best Sagaris £55k and you can pick up a tidy Cerbera 4.5 v8 for £10k ish there is no way the Sagaris is worth over five times as good??
Ten times as many built and up to ten years older?I mean best Sagaris £55k and you can pick up a tidy Cerbera 4.5 v8 for £10k ish there is no way the Sagaris is worth over five times as good??
There is also a noteable development gap between the two models.
DonkeyApple said:
Welshbeef said:
Got to ask why is the Cerbera so lowly valued £ wise vs the other TVRs?? I don't get it they are all great cars but why the vast gap in values?
I mean best Sagaris £55k and you can pick up a tidy Cerbera 4.5 v8 for £10k ish there is no way the Sagaris is worth over five times as good??
Ten times as many built and up to ten years older?I mean best Sagaris £55k and you can pick up a tidy Cerbera 4.5 v8 for £10k ish there is no way the Sagaris is worth over five times as good??
There is also a noteable development gap between the two models.
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