High Demand for 4 Litre Wedges !!!
High Demand for 4 Litre Wedges !!!
Author
Discussion

ElvisWedgely

Original Poster:

2,715 posts

195 months

Tuesday 11th February 2014
quotequote all
It's good to hear that Wedges are becoming popular again. There seems to be a sudden surge of interest lately. Especially for the 4 litre variety. When I had my 350SE up for sale a while back, potential buyers seemed reluctant to part with their money. However, recently I have been approached on several occasions, acting on my old advert going back several months, asking if I am still interested in selling the Wedge. I explained that indeed I am, but things have moved on a little since then, and 4 litre Wedges are now considered a desirable and sell able pieces of merchandise amongst the classic car world. Consequently resulting in higher prices. This is something each and every one seemed to disagree with, yet, they are still desperately searching for a 4 litre Wedge. Well, the bottom line is, you need a decent amount of Wedge to buy a decent Wedge of the 4 litre variety. More so if the Wedge happens to be a bit rarer. If potential buyers fail to understand that, they will be looking back at adverts of today in a few months time, asking if it's still for sale at the old price.

Tony. TCB.

maston

872 posts

182 months

Tuesday 11th February 2014
quotequote all
I think it's a case of people not wanting to part with their money at all at the moment.
I sent two messages regarding my 390 possibly being up for sale and no interest !
I would not want top dollar either as the "to do" list is long.


smallsmalls81

99 posts

173 months

Tuesday 11th February 2014
quotequote all
maston said:
I think it's a case of people not wanting to part with their money at all at the moment.
I sent two messages regarding my 390 possibly being up for sale and no interest !
I would not want top dollar either as the "to do" list is long.
I am one of them people who wants a 400se but willing to pay good money for one, nobody seems to be interested in selling at the moment but then it is their pride and joy .

I hope to find one soon

ibroker

658 posts

288 months

Tuesday 11th February 2014
quotequote all
Problem is buyers want to pay £8 k for a car but want to see £20k worth of work and
recent bills. I have considered selling mine recently and had it in ebay briefly.
I bored quickly of the buyers wanting the perfect machine for peanuts
These cars are not like that. Im keeping mine and going to make it a minter.

ibroker

658 posts

288 months

Tuesday 11th February 2014
quotequote all
Problem is buyers want to pay £8 k for a car but want to see £20k worth of work and
recent bills. I have considered selling mine recently and had it in ebay briefly.
I bored quickly of the buyers wanting the perfect machine for peanuts
These cars are not like that. Im keeping mine and going to make it a minter.

Rockettvr

2,018 posts

173 months

Tuesday 11th February 2014
quotequote all
One swallow does not make a summer. Just because z couple of people have expressed an interest in getting back into a big wedge doesn't automatically mean a jump in prices. Although winter is never a good time to sell an open top sports car there are quite a few wedges that have been looking for new owners for a while. Times are still hard and the fact that those people who expressed an interest are still looking says to me that they know if they wait then the right car at the right price will present itself. The market for wedges is very small when compared to other makes like MG Triumph etc. therefore demand is never going to be massively outstripping the supply of available cars and so we're not going to see prices sky rocketing. Unless there's some sort of mass media exposure ( ie a wedge appearing on Top Gear or something) to raise the profile of our cars and therefore demand then I would expect prices to remain pretty steady. I've seen your car advertised Tony and it looks a corker - in sure it will sell , it may just take a bit of time to find the right buyer.
Our wonderful wedges are what could be termed a " niche market" ie there's buyers out there just not very many of them resulting in low demand and low selling prices
Sorry for the gloom and doom
getmecoat

gmw9666

2,739 posts

230 months

Tuesday 11th February 2014
quotequote all
at the end of the day the wedge is a total bargain when you think about the noise, power vs cost

what else could you get for the money?..........nothing in TVR family

I think the real money is in the modified side, ideally with a supercharger ;-)

smallsmalls81

99 posts

173 months

Tuesday 11th February 2014
quotequote all
gmw9666 said:
at the end of the day the wedge is a total bargain when you think about the noise, power vs cost

what else could you get for the money?..........nothing in TVR family

I think the real money is in the modified side, ideally with a supercharger ;-)
I second that mate , can't wait to get my hands on one

Rockettvr

2,018 posts

173 months

Tuesday 11th February 2014
quotequote all
gmw9666 said:
at the end of the day the wedge is a total bargain when you think about the noise, power vs cost

what else could you get for the money?.......
Classic British sportscar
Convertible
Fabulous V8 engine
Parts easily available and cheap
Great performance
Awesome noise
Looks amazing
Qualifies for classic insurance (cheap)

And I paid well under 3 Grand for mine

Can't think of anything else that fits (or comes close) to the above spec

TBH it's an absolute travesty that they fetch so little money frown

jon haines

960 posts

276 months

Tuesday 11th February 2014
quotequote all
If these cars were comparable in price to mgb, tr6, stag or even crappy capris I would be under so much pressure to sell mine I think I would. So I am glad the classic car fraternity have not woke up to how good and cheap they are.

Urban67

126 posts

173 months

Tuesday 11th February 2014
quotequote all
I think it's inevitable that our wedges will eventually rise in price, especially when you look at how all other TVR's are rising with the exception of S's which I think will rise with the wedges.
The rarity of Wedges will also be a factor in their rise in value, but at the moment they have to be the best bargain British sports car out there. Thankfully

On PH there are 42 Griffiths for sale, 44 Chims yet only 7 wedges and 4 S's

You used to be able to get a Griffith under £10k but now you got no chance despite the fact that there are loads about for sale.

I'm very happy that my 400se was such good value for what it is and I absolutely love it.
Not sure I can say the same about my 350i as I seem to be spending a lot on it but I'm not rebuilding it to make money, I'm doing it because I want to and it's what I enjoy doing.

I suppose us Wedge owners are part of a small, exclusive club and always will be due to the relatively small number there are.

Fine by me


PHJayV8

612 posts

190 months

Tuesday 11th February 2014
quotequote all
This topic only encourages me to keep hold of mine, ironing out it's few little faults and making it better than it is now smile

I've waited to get a 400SE, I know I'll regret it if I sold it, same as I did when I sold the 350i

PHJayV8

612 posts

190 months

Tuesday 11th February 2014
quotequote all
This topic only encourages me to keep hold of mine, ironing out it's few little faults and making it better than it is now smile

I've waited to get a 400SE, I know I'll regret it if I sold it, same as I did when I sold the 350i

smash

2,062 posts

258 months

Wednesday 12th February 2014
quotequote all
In all honesty, I think if I asked someone if, based on a live advert, their car was still for sale and they said yes but the markets gone up so it'll be an indiscriminate amount more I'd be very wary of the vendor, sorry.

matt-man

2,667 posts

249 months

Wednesday 12th February 2014
quotequote all
Tvr wedges will go up in value slowly and surely, especially as the ones still going have made it through the tough part and now most are in hands of enthusiasts who understand what's involved with owning and maintaining a reliable classic.

I know I'm not alone with the bug and the problem that I can't stop doing things to it!

I would love a seac though!! Never selling my one though, ever

ElvisWedgely

Original Poster:

2,715 posts

195 months

Wednesday 12th February 2014
quotequote all
I believe that the V8 Wedge is still value for money in terms of power and looks. What else is there on the classic car market that's a V8 and under 10K? Even kit cars with V8 engines in them are worth more and this is a factory built car. Potential buyers are realising now that these cars are in fact good cars and desirable. So, hang onto your wedges I say, and if you do need to sell make sure you get what it's worth, and that could be a lot of Wedge!

For those of you who want a Wedge but are having trouble finding one. Sorry lads. I just hope you find one in good time and not miss out on another summer of fun. In the meantime here is a photo to keep you goingbiggrin

Tony. TCB.

smallsmalls81

99 posts

173 months

Wednesday 12th February 2014
quotequote all
ElvisWedgely said:
I believe that the V8 Wedge is still value for money in terms of power and looks. What else is there on the classic car market that's a V8 and under 10K? Even kit cars with V8 engines in them are worth more and this is a factory built car. Potential buyers are realising now that these cars are in fact good cars and desirable. So, hang onto your wedges I say, and if you do need to sell make sure you get what it's worth, and that could be a lot of Wedge!

For those of you who want a Wedge but are having trouble finding one. Sorry lads. I just hope you find one in good time and not miss out on another summer of fun. In the meantime here is a photo to keep you goingbiggrin

Tony. TCB.
Nice looking wedge that is mate, whos is that one?

ElvisWedgely

Original Poster:

2,715 posts

195 months

Wednesday 12th February 2014
quotequote all
smallsmalls81 said:
Nice looking wedge that is mate, whos is that one?
I'll give you three guesses. Yes, you got it in one. Mine!

TVRIK

892 posts

187 months

Wednesday 12th February 2014
quotequote all
A few of the guys on here know I've been toying with selling mine, as I have a thing for Triumph GT6s
But as spring creeps up on us and I see chat like this, it only makes me wanna keep hold let sun shine on the work I've done over the winter !

Edited by TVRIK on Wednesday 12th February 20:30

adam quantrill

11,679 posts

272 months

Wednesday 12th February 2014
quotequote all
Urban67 said:
I think it's inevitable that our wedges will eventually rise in price....
We've been saying this for the past 15 (or maybe more?) years on and off, and they never have.

However, on a positive note, the depreciation is almost non-existent (compared with any new car that you drive off the forecourt) so they make financial sense to run as your daily car.