Imagination, or are Griffith 500 prices rising ?

[steelnads]

I have recently asked a dealer what they would offer me for my Griff as a straight purchase. The figure offered was 3K more than I was offered 2 years and 3000 miles ago. Could these cars prove to be a good investment?

[sb930turbo]

Yes,
I think they will be a good long term investment,hope so anyway as I have just bought one!
Steve

[siwes]

Yes I bought a 500 Griff one year ago for that reason and have been offered 2000 pounds more this last month , trouble is I am never going to sell , this is a true love affair!!

[julianhj]

I was told by a dealer (and not the one I was buying from, either!) that Griff. values were appreciating. This was in May. I have a look on the Auto Trader site every now and then, and that does seem to pan out. I'm pretty sure I'm going to hang on to mine, unless things keep going wrong with it!

[Ballistic Banana]

Personally i dont give a monkeys Arse if they were about to nose dive.

I brought my Griffith and the S3 before as the cars they are and not as an investment.

Simon

[jamer]

Griffith have sold far slower than the Chimeara in the last three years and this along with the end of production has created a starvation of Griffiths on the used car market. most main dealers sold only about 1 Griffith top every 8-10 Chimaera's in 1999-2002. Original factory spec models in classic colours are the best sellers by far

A definate future investment.

[2 Sheds]

I think the number of Griffs available for sale has a direct impact on the values, there clearly are fewer available now compared with this time last year. And as they have stopped production this should continue to be the case. Good news for all Griffith owners then ?

[sb930turbo]

quote:
Personally i dont give a monkeys Arse if they were about to nose dive.

I brought my Griffith and the S3 before as the cars they are and not as an investment.

Simon

No ,I didn't buy mine as an investment either,but because I wanted one.....good if it does prove to be a good investment though isn't it?
Steve

[julianhj]

quote:
Personally i dont give a monkeys Arse if they were about to nose dive.

I brought my Griffith and the S3 before as the cars they are and not as an investment.

Simon

I can't imagine anyone could see TVR ownership as financially profitable, what with running costs, but it is nice to know depreciation is not going to be much, if anything whilst I'm out there having fun

[sb930turbo]

quote:

quote:
Personally i dont give a monkeys Arse if they were about to nose dive.

I brought my Griffith and the S3 before as the cars they are and not as an investment.

Simon

I can't imagine anyone could see TVR ownership as financially profitable, what with running costs, but it is nice to know depreciation is not going to be much, if anything whilst I'm out there having fun

[fatbutt]

Arse. Check on my profile for the "light blue touch paper" thread.

I was fleeced when I traded in my Griff.

[dawgie]

Well I was hoping to buy (privately) a nice (and I mean nice as in near mint, kept in a garage, used in the dry etc!) 1995 or thereabouts Griffth 500 with 30k ish miles and good history for circa £15k but there seem to be few nice M and early N cars for sale. Lots of late N's and P's from £17k to £20k.

Did TVR make fewer 500's in 1994/95 than 96/97 or is there just a lack of sellers just now ?

Prices generally seem to be a little erratic (i.e. on the for sales pages here there is a 97P and a 98S with similar miles for £21k each. Theres also an M [admittedly low miles] for £20k). I appreciate that condition, history, colour, location and keenness to sell all play a part too.

I guess I need to do some more homework here...

[steelnads]

I think condition, not age is the important factor. I have seen 95 cars with "sold " stickers on at more money than 97 cars that remain unsold.

It is interesting to note that it is very rare to see a Griffith advertised in Exchange and Mart nowdays .
Is this because it is the wrong place to sell or are owners holding on to them?

[dan]

I could be wrong (god knows I usually am), but I recon most Griffs are now in the hands of enthusiasts, not City Herberts who just want a flash car to show off to there mates, then get bored.

So to the people that own them know the personal value of the car out weighs the financial value.

[david010167]

I love my Griff, my girlfriend and neibours all think I am mad, but to me it is a great car. That is not to say that I would not object to a Tuscan or two

David

quote:
I could be wrong (god knows I usually am), but I recon most Griffs are now in the hands of enthusiasts, not City Herberts who just want a flash car to show off to there mates, then get bored.

So to the people that own them know the personal value of the car out weighs the financial value.