There are some worryingly cheap late 500's in the classified
There are some worryingly cheap late 500's in the classified
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LMMAC

Original Poster:

230 posts

182 months

Thursday 14th February 2013
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As it says on the tin ! Thought prices were recovering ??? Classifieds tell a very different story. Some bargains out there at the moment !

pwd95

8,459 posts

268 months

Thursday 14th February 2013
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I think prices are generally on the up when compared to the last 2-3 years. Most Chims for sale now are £10k or more. Out of 67 Chims for sale at the mo there are only 10 below £10k. Griff prices are on the rise in a big way & it looks like Chim values are slowly following.

Graham

16,381 posts

314 months

Thursday 14th February 2013
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Indeed there seems to be 2 main prices fir chimaeras at the moment
10k. Or basket cases for 3k that need 10k spending on them

QBee

22,502 posts

174 months

Friday 15th February 2013
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You may not have noticed, but it's winter. Convertibles sell better in Spring/Summer. Watch and see the prices rise as it gets warmer. Some people need the cash now, and have had to drop their price to get a quick sale in a low market.

977

448 posts

214 months

Friday 15th February 2013
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Personally I want them to fall, I'm not going I sell the one I have, plus I'd like another one.

rusgb

208 posts

197 months

Friday 15th February 2013
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977 said:
Personally I want them to fall, I'm not going I sell the one I have, plus I'd like another one.
Agreed! Sorry to sound negative but any appreciation in value is unlikely to keep pace with inflation (long term) and annual running costs/investments in the cars. They will never be money-making machines, just smile-making machines, particularly on a day like today!
Rus

VictorMeldrew

8,293 posts

307 months

Friday 15th February 2013
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Well the value of mine is holding better than the value of my pension fund or my house, so I'm not so sure.

I bought an Audi 4 years ago for twice the value of the TVR at that point. The Audi now is probably valued at half that of the TVR, which strangely seems to be pretty much worth exactly what it was 4 years ago, possibly slightly more. And not a great deal different from what it was worth 15 years ago. Ok, it's not inflation proof, but there are worse ways to spend your money.

Now if I could just get the thing out of the garage and back on the tarmac where it belongs I could start appreciating the dividends from the investment!

ChimpofDarkness

9,637 posts

209 months

Friday 15th February 2013
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VictorMeldrew said:
Well the value of mine is holding better than the value of my pension fund or my house, so I'm not so sure.

I bought an Audi 4 years ago for twice the value of the TVR at that point. The Audi now is probably valued at half that of the TVR, which strangely seems to be pretty much worth exactly what it was 4 years ago, possibly slightly more. And not a great deal different from what it was worth 15 years ago. Ok, it's not inflation proof, but there are worse ways to spend your money.
Excellent post VictorMeldrew thumbup

taylormj4

1,635 posts

296 months

Friday 15th February 2013
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VictorMeldrew said:
Well the value of mine is holding better than the value of my pension fund or my house, so I'm not so sure.

I bought an Audi 4 years ago for twice the value of the TVR at that point. The Audi now is probably valued at half that of the TVR, which strangely seems to be pretty much worth exactly what it was 4 years ago, possibly slightly more. And not a great deal different from what it was worth 15 years ago. Ok, it's not inflation proof, but there are worse ways to spend your money.

Now if I could just get the thing out of the garage and back on the tarmac where it belongs I could start appreciating the dividends from the investment!
+1. I like to see the value of the TVR going up or at least holding position, for the following reasons:

1. If it depreciates to low 1000s and you have even a minor scrape, the insurance company are going to want to write off your car
2. I don't feel so bad about spending money on the car's maintenance/upgrades as you can think of it as an investment rather than throwing money at a low-value asset that you should be spending on a better / newer one.
3. I found out this week (from an Adrian Flux agent) that insurance costs on cars below £1500 can go up markedly as the insurer thinks that the car won't be looked after.

SILICONEKID350HP

14,997 posts

261 months

Friday 15th February 2013
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Would a 4l with a 5l transplant be classed as a 5l car ? Mine has been upgraded so they would be no difference .The car is now registered as a 5l car and all brakes and suspension have been upgraded to above 5l spec.

Graham

16,381 posts

314 months

Friday 15th February 2013
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SILICONEKID350HP said:
Would a 4l with a 5l transplant be classed as a 5l car ? Mine has been upgraded so they would be no difference .The car is now registered as a 5l car and all brakes and suspension have been upgraded to above 5l spec.
Knowing how anal people can be I'd say no, and to be fair its not a 5lr factory car, its a 4ltr upgraded to a 5lr so to some that makes it less desirable than a stock 4ltr, but to others how recognise the work done its probably more desirable than a factory 5ltr as its no doubt better..

daft though as its the same car