Pricing spread
Pricing spread
Author
Discussion

GiJoe

Original Poster:

77 posts

262 months

Saturday
quotequote all
Around this time last year I was looking for a 5L Chim but a combination of not seeing the right one and work on house reno tying up cash meant I shelved the plan. At the time I was seeing a price spread of around £15k - £20k for 500s in good to very good condition.

I've kept an eye out although not as diligently as when I was active and, with the odd exception, the spread has shifted significantly with the bulk of the field at £22k - £30k, I note most are through dealers.

Genuinely curious as to what's driven the jump?

miniman

29,500 posts

287 months

Saturday
quotequote all
Oddly I saw a couple of Griffs advertised at James Agger this week (so hardly the low end of the market and likely very well prepared cars) at surprisingly low money. If Chims are on the up then excellent, my investment strategy is finally working hehe

GiJoe

Original Poster:

77 posts

262 months

Saturday
quotequote all
miniman said:
Oddly I saw a couple of Griffs advertised at James Agger this week (so hardly the low end of the market and likely very well prepared cars) at surprisingly low money. If Chims are on the up then excellent, my investment strategy is finally working hehe
Saw that too

Belle427

11,516 posts

258 months

Saturday
quotequote all
Dealers will always charge more as they can offer warranty and finance etc, its up to you if you want to pay that premium.
To be fair some of them do have nice cars pop now and again.
Some are on a sale or return basis so obviously they are trying to get the maximum possible.
Prices are all over the place but if I were spending £20k on one it would have to be something special.

_Rodders_

2,003 posts

44 months

Saturday
quotequote all
miniman said:
Oddly I saw a couple of Griffs advertised at James Agger this week (so hardly the low end of the market and likely very well prepared cars) at surprisingly low money. If Chims are on the up then excellent, my investment strategy is finally working hehe
Yes that one at £20k seemed very good value for a Griff from a dealer.

_Rodders_

2,003 posts

44 months

Saturday
quotequote all
I'd be tempted to buy a 400 for £8000 and spend the difference on having a brand new 5.0 engine fitted, you'd end up in a similar place and there's more options for getting the right spec elsewhere.

Especially if it's a long term proposition.

GiJoe

Original Poster:

77 posts

262 months

Saturday
quotequote all
_Rodders_ said:
I'd be tempted to buy a 400 for £8000 and spend the difference on having a brand new 5.0 engine fitted, you'd end up in a similar place and there's more options for getting the right spec elsewhere.

Especially if it's a long term proposition.
It's certainly heading into that territory

Belle427

11,516 posts

258 months

The 500 engines are not without their issues so that may be a better option, your looking at £10k for a nicely built 5.0 though plus you may as well go aftermarket management if your doing it properly.
Any reason you specifically want the 500, appreciate a lot want the biggest and best but you can build a nice 400 engine with aftermarket heads etc up to around 280 Bhp which is more than enough in these cars, will rev nicely too.

BarnFind

502 posts

171 months

I have a 5 litre for sale if you are interested,not looking for crazy money

Bowks

1,494 posts

230 months

Belle427 said:
Any reason you specifically want the 500, appreciate a lot want the biggest and best but you can build a nice 400 engine with aftermarket heads etc up to around 280 Bhp which is more than enough in these cars, will rev nicely too.


253bhp from a standard 4.0 with an Emerald ECU.

I've never found myself wanting more power. But I'm also getting on a bit.

Don't narrow your market, a good 4.0 plus change to modify could be an alternative to a 5.0.

Belle427

11,516 posts

258 months

I would question if the heads are standard on that but it is a great result, not a negative comment but don`t think I have seen a result like that before.

Bowks

1,494 posts

230 months

I've owned it for all but two years of it's life...

Belle427

11,516 posts

258 months

Maybe it left the factory with some nicer heads, some cars got that treatment from what I have read.

swisstoni

22,773 posts

304 months

This is probably just a price correction due to scarcity. Only 600 of the Chimeara 500 model was ever produced if I recall correctly. I'd expect that number to have gone down significantly over the years.
Most customers with sufficient funds would have chosen a Griffith over the Chimaera 500.

So it's a rare beast.