How many owners is to many?
How many owners is to many?
Author
Discussion

bababoom

Original Poster:

353 posts

147 months

Saturday 6th December 2014
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How many owners on the v5 would put you off buying a chim?
I realise a lot of them change hands quite often as there mostly weekend/summer toys.


semaj

92 posts

155 months

Saturday 6th December 2014
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1 bad owner!

pjac67

2,040 posts

281 months

Saturday 6th December 2014
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Irrelevant IHMO - happy with well into double figures...although several in the last year would encourage a few more questions before buying...

Bluebottle

3,498 posts

269 months

Saturday 6th December 2014
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As above, I was the ninth owner of my first griff...it had had 7 owners in the first 14 months of its life.
Condition, condition, condition... oh and a good pile of receipts speaks louder than stamps in books or low no of owners

davo23

318 posts

181 months

Saturday 6th December 2014
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People make too much of owners and mileage imo, really you should just consider the condition of the car and probably more important than the number of owners is the type of owners

Edited by davo23 on Saturday 6th December 20:56

bababoom

Original Poster:

353 posts

147 months

Saturday 6th December 2014
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It dosent bother me a great deal myself im just thinking how other people think about it when the time comes to sell on.

phazed

22,464 posts

233 months

Saturday 6th December 2014
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I bought a Yamaha 1.1 midnight special with 17 previous owners, great original bike.

JimTC

272 posts

246 months

Saturday 6th December 2014
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When I was looking for my first Chimaera, Rob Ingleby of Findasportscar made a very interesting and IMO valid comment.

"In some ways having multiple owners can be a good thing because what often happens is that each new owner often pampers the car, get's it serviced properly, spends on extras, etc., and then moves it on relatively quickly. Whereas, with less owners keeping the car longer each change, they may, after a few years of ownership, begin to miss or skimp on services justifying it by the low mileage done in the previous year". As we all know, not good for these cars - they need properly maintaining given there performance.

As said elsewhere - the key is condition, condition condition.

On my first Chim, I was the 7th owner and my second the 5th. Not an issue. In both cases, they were pampered, well looked after cars that I bought on condition, full service history, etc..

davo23

318 posts

181 months

Sunday 7th December 2014
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bababoom said:
It dosent bother me a great deal myself im just thinking how other people think about it when the time comes to sell on.
It's a valid point, whilst there's obviously a lot of common sense amongst some owners and enthusiasts the wider market looks upon silly irrelevant things as a signifier of value. I don't think that will change any time soon sadly. It really annoys me when we get these hyper expensive cars bought as investment and they're never going to be used as a result just locked away. It's just painful for me because they care more about a return on that investment than the car itself.

Goaty Bill 2

3,592 posts

148 months

Sunday 7th December 2014
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davo23 said:
It's a valid point, whilst there's obviously a lot of common sense amongst some owners and enthusiasts the wider market looks upon silly irrelevant things as a signifier of value. I don't think that will change any time soon sadly.
Nevertheless; facts that can not be ignored if you do care about your own resale values.

Once you make the decision to keep the car you have it becomes a moot point. You are freed from even caring about all of that, and simply enjoy smile


davo23 said:
It really annoys me when we get these hyper expensive cars bought as investment and they're never going to be used as a result just locked away. It's just painful for me because they care more about a return on that investment than the car itself.
A point of view I sympathise with and yet;
The only way to truly see what was on offer at the time, to see what any car was really like when they were being sold new, is for a few investors, collectors and museums to keep doing this.

Eventually most cars like this end up in collections, and fortunately the joy of showing their collections part motivates most collectors.
I have known vintage car enthusiasts to travel many miles to take photos of a known original car so they can travel home and do their utmost to restore there own example as best as possible. And so it serves a purpose.
I made several such trips with my father as a child. It all makes so much sense now.


davo23

318 posts

181 months

Sunday 7th December 2014
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Goaty Bill 2 said:
davo23 said:
It's a valid point, whilst there's obviously a lot of common sense amongst some owners and enthusiasts the wider market looks upon silly irrelevant things as a signifier of value. I don't think that will change any time soon sadly.
Nevertheless; facts that can not be ignored if you do care about your own resale values.

Once you make the decision to keep the car you have it becomes a moot point. You are freed from even caring about all of that, and simply enjoy smile


davo23 said:
It really annoys me when we get these hyper expensive cars bought as investment and they're never going to be used as a result just locked away. It's just painful for me because they care more about a return on that investment than the car itself.
A point of view I sympathise with and yet;
The only way to truly see what was on offer at the time, to see what any car was really like when they were being sold new, is for a few investors, collectors and museums to keep doing this.

Eventually most cars like this end up in collections, and fortunately the joy of showing their collections part motivates most collectors.
I have known vintage car enthusiasts to travel many miles to take photos of a known original car so they can travel home and do their utmost to restore there own example as best as possible. And so it serves a purpose.
I made several such trips with my father as a child. It all makes so much sense now.
Yeah, don't get me wrong I enjoy seeing cars at shows and museums, but im sure there are many that just disappear until values are 'ripe'. At least the people/situations you mention are owned by people who care for the car. I'm sure there are many more who buy on advice as an asset rather than genuinely caring about cars. That's my perception anyway.

shake n bake

2,221 posts

236 months

Sunday 7th December 2014
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I don't think it matters a whole lot, I see it quite a bit on most cars at work that are a little unusual and/or most convertibles, people buy them and then get bored of the lack of practicality ect and move them on before long.

james280779

1,931 posts

258 months

Tuesday 9th December 2014
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Are we talking actual owners or registered keepers? I have owned mine years bit due to living overseas it has moved around a bit between friends and family who look after it while I am away. I have owned it for about 3 years and am still the owner however in that time it has had five registered keepers plus myself.