Chim Prices
Chim Prices
Author
Discussion

whazzinit

Original Poster:

24 posts

271 months

Wednesday 27th July 2005
quotequote all
Why are Chims so cheap at the moment? I can not beleive that my 96P reg which i have had for a year and has 40K on the clock i worth less than 13K? i will never sell her but i am shocked at how little you can pick one of these up for now.

zippee

14,125 posts

263 months

Wednesday 27th July 2005
quotequote all
I paid 13 for my 97P in January and it was the cheapest I could find one for at the time. I'm now often seeing 98/99 models go for this.
Best way to avoid the depreciation is not to sell...

Hughesie2

12,790 posts

311 months

Wednesday 27th July 2005
quotequote all
My immaculate 1996 500 is up at the moment for 14k, someones going to get a well sorted car for that sort of money, just had loads of work done:

Recored Rad
New discs and pads/braided hoses
Alternator
Coil/leads
fuel pump and all new fuel lines
Shocks and springs

and a few other niggles, but its gotta go, making way for a cerb, and there will be no way i'll be selling that puppy !!

Problem is that there are too many Chims, Griffs have a good stable market because they made less of em - Supply and demand !

ian187

407 posts

275 months

Wednesday 27th July 2005
quotequote all
Depends what you're looking at. If you bought yours from a dealer and then look at private ads - not those sort Then things do look like you lost money, but of course dealers have overheads and you get a service not just a car!

I was thinking recently that prices hadn't changed as much as I thought. I kind of banked on losing £1000 a year in depreciation, but mine hasn't changed much.

Did you pay over hte odds for yours? Either way there are worse things you could spend your money on.

Quote: I spend most of my money on cars, women and beer the rest of it just gets wasted!

Podie

46,649 posts

304 months

Wednesday 27th July 2005
quotequote all
Hughesie2 said:
Problem is that there are too many Chims, Griffs have a good stable market because they made less of em - Supply and demand !


There is an underlying problem that people don't seem to discuss...

The number of GOOD cars is on the decline. That's both Chimaera's and Griffith's. The number of cars that I looked at before buying mine was well into the 50's. I found late cars of both models on dealer forecourts (specialist and main dealer) with some SERIOUS defects... tyres worn on the inside / outside, a buckled suspension arm, frayed (sp?) brake cables, touch up paint that looked like modern art, even a hole in the outrigger...!! Not to mention trim defects, tears, mouldy carpets etc etc... the list goes on. Some of these were up for £19k.

I think a GOOD solid car will hold it's money, but I reckon the ropey ones are bringing them down. There also seem to be more ropey Chimaera's than Griff's. That said a ropey Griff 500 will cost you more than a ropey Chimaera 500.

Griff's often seem to have a lower mileage to the Chimaera's on sale... so reckon this has a profound affect... not to mention the fact that some Tuscan's are now under the £20k barrier, so the older models drop in price a bit.

I still beleive you look at each car and base the price on the condition / spec... you pays your money, you takes your choice.

Hughesie2

12,790 posts

311 months

Wednesday 27th July 2005
quotequote all
Podie said:



I still beleive you look at each car and base the price on the condition / spec... you pays your money, you takes your choice.


and yellow ones are faster, dont forget that bit Pods

Podie

46,649 posts

304 months

Wednesday 27th July 2005
quotequote all
Hughesie2 said:

Podie said:



I still beleive you look at each car and base the price on the condition / spec... you pays your money, you takes your choice.



and yellow ones are faster, dont forget that bit Pods




That's going to haunt you when you get a blue Cerbie...

Hughesie2

12,790 posts

311 months

Wednesday 27th July 2005
quotequote all
Podie said:






That's going to haunt you when you get a blue Cerbie...


Its looking like Red at the moment, but all Cerbs are fast !!

puffsorted2

2,442 posts

254 months

Wednesday 27th July 2005
quotequote all
Podie said:

Hughesie2 said:
Problem is that there are too many Chims, Griffs have a good stable market because they made less of em - Supply and demand !



There is an underlying problem that people don't seem to discuss...

The number of GOOD cars is on the decline. That's both Chimaera's and Griffith's. The number of cars that I looked at before buying mine was well into the 50's. I found late cars of both models on dealer forecourts (specialist and main dealer) with some SERIOUS defects... tyres worn on the inside / outside, a buckled suspension arm, frayed (sp?) brake cables, touch up paint that looked like modern art, even a hole in the outrigger...!! Not to mention trim defects, tears, mouldy carpets etc etc... the list goes on. Some of these were up for £19k.

I think a GOOD solid car will hold it's money, but I reckon the ropey ones are bringing them down. There also seem to be more ropey Chimaera's than Griff's. That said a ropey Griff 500 will cost you more than a ropey Chimaera 500.

Griff's often seem to have a lower mileage to the Chimaera's on sale... so reckon this has a profound affect... not to mention the fact that some Tuscan's are now under the £20k barrier, so the older models drop in price a bit.

I still beleive you look at each car and base the price on the condition / spec... you pays your money, you takes your choice.


Agreed - best thing to do if you are depressed about the prices is go and pose as a buyer and then you really get to see how much junk is out there and how hard it is to find a good one.

chimhunter

906 posts

278 months

Wednesday 27th July 2005
quotequote all
Problem is the bad ones drag down the price so that the good ones go for the same. Mine's in the classifieds at the moment and its in great condition but I've had NO interest at all. I don't know if its over-priced (£15k, 96P 4.5, 41k, Avo's, MA remap etc. etc) or what. Looks like I'll have to try Top Marques next

Rob

225

1,331 posts

255 months

Wednesday 27th July 2005
quotequote all
I must admit I was supprised at the prices when I was looking. I didnt think I would be able to afford one of the 2001+ models but managed to get one. I wonder if its because the newer models are getting more press these days and the chim etc are now being seen as "old"

pja

272 posts

254 months

Wednesday 27th July 2005
quotequote all
arhh don't say that Iv'e just bought one!!!!
I looked at a lot of crap out there... even in so called dealers!
a mate was px'ing his in for an m3 so he let me have it for the px price.... £12000 for a 97 400 with 1200 miles (if I can get it to run right) I thought I'd bought a bargin! ........untill I read this thread that is!!

Hughesie2

12,790 posts

311 months

Thursday 28th July 2005
quotequote all
pja said:
£12000 for a 97 400 with 1200 miles (if I can get it to run right) I thought I'd bought a bargin! ........untill I read this thread that is!!


I'd be more worried that it had only covered 1200 miles

pja

272 posts

254 months

Thursday 28th July 2005
quotequote all
the miles don't worry me .........Iv'e always worked on the lower the miles the better!!

Podie

46,649 posts

304 months

Thursday 28th July 2005
quotequote all
pja said:
the miles don't worry me .........Iv'e always worked on the lower the miles the better!!


Interesting approach....


Back on topic, just had a quick nose through the classified ads... I notice that some of the cars I looked at last October are still for sale...

Then again, clearly my definition of "mint" differs from other people's...

Hughesie2

12,790 posts

311 months

Thursday 28th July 2005
quotequote all
pja said:
the miles don't worry me .........Iv'e always worked on the lower the miles the better!!


so you bought an 8 year old car thats done - 150 miles per year, what sort of servicing has been done on the car ??

Hughesie2

12,790 posts

311 months

Thursday 28th July 2005
quotequote all
Podie said:



Then again, clearly my definition of "mint" differs from other people's...


I agree, i bought mine knowing it neede a few bits and bobs doing to it, but was prepared to spend a bit of cash on it - Body work wise mines in great nick, it just needed a bit of a sympathetic mechanical work doing.

Up shot is its now a WELL sorted car, nothing wrong with it, Its even in a fast yellow colour , and a bargain at £13995

Podie

46,649 posts

304 months

Thursday 28th July 2005
quotequote all
Hughesie2 said:

pja said:
the miles don't worry me .........Iv'e always worked on the lower the miles the better!!



so you bought an 8 year old car thats done - 150 miles per year, what sort of servicing has been done on the car ??



... and what was so wrong with it, that the owner didn't want to drive it...!?!

chimhunter

906 posts

278 months

Thursday 28th July 2005
quotequote all
Hughesie2 said:
Its even in a fast yellow colour


Yes, yellow is fast but green is fastest

Hughesie2

12,790 posts

311 months

Thursday 28th July 2005
quotequote all
Podie said:



... and what was so wrong with it, that the owner didn't want to drive it...!?!


Well unless it had been dry stored, the only way to look after a car like this, i'd be a tad worried about perished pipes, tyres, stuck shocks and springs, dirty fuel tank - These cars need to be used, we all know the best ones are daily drivers Podie