S Values
Author
Discussion

Heathyboy

Original Poster:

208 posts

304 months

Saturday 18th January 2003
quotequote all
What's happening with all these S prices plummeting?

Surely a good S3 has to be worth more than £4k-5K?

I realise that with the Chimps flooding the used market all previous models will lose value but £4k

This can't be good for the marque. You can only just get a decent TR6 for 10K and a TVR S is much better. Are we fools to ourselves by drastically reducing the price of our cars to sell quickly? I'd rather have an S than a Chimp any day, surely the rarity must add some value?

HarryW

15,803 posts

291 months

Saturday 18th January 2003
quotequote all
You can always bolster the flagging prices by paying the £20K asking price for one of the last V8S's in the PH clasifieds at the moment .

Harry

Rower

1,381 posts

288 months

Saturday 18th January 2003
quotequote all
I do not see a problem,the last S in PH classified was asking £6.400, and sold to the the first buyer, Justin wanted a quick sale, if he had held until the spring without a hurry up I reckon he would have got £7 K plus, which I reckon a good S3 will make, lets face it the cars always 'look good'in their pictures wheather asking £2K or £20K ! it is what the rest of the car is like that makes the money.

Guy

Gadgit

971 posts

289 months

Saturday 18th January 2003
quotequote all
Its up to the person selling to hang on, and not get desperate to sell it. The big problem is that there are some real bargains out there in other marques and you have to sell quickly to get them. I still think that any good S should not be less than £5000 and obviously a lot more for a very nice one.

gadgit.

M@H

11,298 posts

294 months

Sunday 19th January 2003
quotequote all
Mid November I said this on S prices, and at the time it seemed pretty accurate :


..the S Series cars for sale on PH they consist of:

S3/S3C: £7900 £8300 £7500 £8500 £7500 £7500 £7500 £6250

S2: £7950 (Adrian Blyth) £5200 £5200 £5200 £6250 £6250 £6000(s1.5)

S1: £6795 (Bavid Batty) £5250 £4500

Then if we consider that these Prices are basically for cars that are all described as "perfect" with XY and Z making them even better, and start doing some rounding and add some assumptions I'd say that a rule of thumb for S Prices would be something like this:

S3/S3C £7000 - £8000 for a good example

S2 £5500 - £6500 for a good example

S1 £4500 - £5500 for a good example

Now of course there are cars that fall outside this scale as they are either a) astoundingly good, or b) less than perfect ;-) and that's why there are gaps in my scale, also consider that a "good example" can be perfect in some areas and not so good in others.


I would trust things havent changed that much
Cheers
Matt

dern

14,055 posts

301 months

Sunday 19th January 2003
quotequote all
Recently it seems that a lot of people on PH have had to sell their Ss sharpish (including myself at one point although I managed to get a job and keep it) and that has pushed the prices down as people will always follow the current sale prices as a guide to selling their own. I think this situation only exists on PH as if you look at autotrader the prices for S3s remain firm at 8k-10k although all these are trade prices and in my experience are about 1k too high. If I put mine up on PH at 7k it would seem very expensive but if I put it on autotrader it would seem very cheap.

Regards,

Mark

kend

144 posts

284 months

Sunday 19th January 2003
quotequote all
It looks like most of the 'S' series cars are now selling outside the trade so prices are appear lower. The cars are getting older and with Chim's now starting to appear in the low £10K you can see why the prices are only about £8K max.
At the end of the day the price will be dictated by what people are prepared to pay.
It is human nature for the owner to value his car higher than a prospective purchaser.
All the above IMHO
Ken

shmern

347 posts

277 months

Monday 20th January 2003
quotequote all
Now the prices have dropped for S Series I find myself seriously considering joining the TVR 'Club'.

However just as I think yeah an S3 for 7K is nice, then I end up looking at some V8s which are around 10K.

As ever as the car you want gets cheaper the the car you thought was way out of reach almost comes into reach !.

So I wanted to ask, bit of a silly question really, but how much difference do you all feel an S3 would be to a V8s.

I know the V8s (and the S4c) has disc all round and Obviously it has the lovely V8 and all that goes with it, i.e. performance and sound. But is it really £3k more over a good S3 ?

So come on people, convince me which I should go for.....

Darren (Who can't goto sleep at the moment without dreaming of an S Series in my Garage)

roy_allen

654 posts

298 months

Monday 20th January 2003
quotequote all
I`m sure most of the people who have stepped up to the V8S from the previous S's will tell you that it IS worth the extra money. Personally, I haven`t yet driven the V8S so cannot make a comparison. All I can say is that I love my S2 and have no intention to upgrade it. I suppose what I`m saying is whichever car you went for I`m positive that you will not wish you had gone for the other one!

Roy.

shnozz

29,927 posts

293 months

Monday 20th January 2003
quotequote all
If you have the extra dosh, then the V8S is the ultimate S. It has the extra grunt, deeper exhaust note (although dont think the V6 sounds too quiet or any worse, just different) as well as things such as discs all round.

However, if you are stretching to get a V8S then I would say go for a V6S and keep some money aside. Whilst i dont wish to put you off in any way, these cars can require some expensive work that can increase your gold card bill quicker than an asylum seeker can get a council house.

The V6S can provide fantastic fun and give you a silly grin . No, its not the ultimate S but it still is great driver entertainment.

Qualia

154 posts

289 months

Monday 20th January 2003
quotequote all
I think schnozz is spot one with his summary, I would just add that the V8S is a much rarer car, it might take you a while to find a good one.

Shmern

347 posts

277 months

Monday 20th January 2003
quotequote all
My thoughts are more or less the same, I would be pushing it a bit going to the cost of a V8s (Wife and 3 kids approval factor considered).

And also the point about work needing done to these cars is a very valid one.

I think I'll continue looking for a nice S3 (that in itself is also a problem in Im in Northern Ireland, so not just so easy to pop up the road and look at a few cars).

BTW Hope no-one minds but this guys S Series was the one that made me think about going for a V8s
www.minuteminder.net/tvr

Looks loverly on screen (which can be decieving i know).

Anyway hopefully I'll post sometime with the facts about my Tiv !!!

D.

>> Edited by Shmern on Monday 20th January 16:59

shnozz

29,927 posts

293 months

Monday 20th January 2003
quotequote all
It does look a very nice V8S I have to say - especially if thats the one for £10k which is a v fair price if its the same in the metal (oops, fibreglass) as it is on the web.

But my previous comments still stand, you cannot afford to skimp on these cars. The age of them alone dictates that when something needs doing, see to it straight away. i wouldnt advise leaving "that knocking noise somewhere at the back" like you may do on a eurobox. It could become even more costly that way.

Have you thought of using Rob Ingleby to help you in view of your geographical problems? He advertises in Sprint under the www.findasportscar.com (or co.uk - never can remember) In short, he will charge a fee to source an appropriate car as per your requirements, test drive it and give thumbs up or down (and he knows his onions ) and then assist you in negotiating the price (which often will cover his fees at least)

I used him and cannot recommend him enough. I know of many others that only have good things to say, and never any bad reports.

Shmern

347 posts

277 months

Monday 20th January 2003
quotequote all
Now THATS a good idea !!!

BTW the website appears to be www.findasportscar.co.uk not .com.

Any idea how much this typically costs ? Reply privately if you would rather not discuss on forum.

I will contact him to discuss once I sort myself out.

Thanks for the tip.

Darren

BTW that V8s in my previous posting was £9.8k

M@H

11,298 posts

294 months

Monday 20th January 2003
quotequote all
I think its a flat fee of £500

Cheers
Matt.

Psychobert

6,318 posts

278 months

Monday 20th January 2003
quotequote all
Have to echo Shnozz's comments. IMHO, unless you are going to do a lot of work yourself, or have a healthy bank balance, buy a sorted S3 rather than a tatty V8. (Trying to keep the prices of S3s up, who me? )

Having said all of this, while looking around, I saw a couple of nice S1/2s and same applies; get a good earlier one rather than a tatty later one. IMHO, the S3 is a better car than the 1s and 2s, but they are still great.. Gets you something in the garage with TVR on the front and you'll have a ball..

As for Rob, didn't use him myself this time, but to quote a friend who know about these things, it was the best £500 spent on the car. Will use him when I add to the current motor..

Edited to add: Note add to not replace/upgrade.. It would be like selling the family dog.. Can't see myself doing that..

>> Edited by Psychobert on Monday 20th January 17:34

dern

14,055 posts

301 months

Monday 20th January 2003
quotequote all
I bought my s3 as a toe in the water of tvr ownership. I loved it for the first month, it drove me mental over the next few month then I was off and on about it for a bit now I love it to bits

Basically it's a relatively cheap way of finding out if you're cut out for owning a tvr as it can be pretty 'involving'. I suspect that the v8s would be a more expensive way of finding out the same.

I will eventually use the knowledge I have gained from my s3 to buy something a bit quicker but not yet, I'm still having lots of fun.

Regards,

Mark

Psychobert

6,318 posts

278 months

Monday 20th January 2003
quotequote all

M@H said: I think its a flat fee of £500

Cheers
Matt.



Certainly was that a month or two ago. As I said, heard nothing about good things..

shnozz

29,927 posts

293 months

Monday 20th January 2003
quotequote all
forgot to say - Rob will also write up a fairly detailed report on the one you buy which is quite handy to pass on if you sell the car. If I ever decide to get a Griff 500 I think a lot of potential buyers would be put at ease they werent buying a dog if they can see Rob's report from a couple of years back.

oh, buy the way, anyone interested in buying my family's dog?

>> Edited by shnozz on Monday 20th January 18:28

rustoni

325 posts

294 months

Monday 20th January 2003
quotequote all

shnozz said: If you have the extra dosh, then the V8S is the ultimate S. It has the extra grunt, deeper exhaust note (although dont think the V6 sounds too quiet or any worse, just different) as well as things such as discs all round.

However, if you are stretching to get a V8S then I would say go for a V6S and keep some money aside. Whilst i dont wish to put you off in any way, these cars can require some expensive work that can increase your gold card bill quicker than an asylum seeker can get a council house.

The V6S can provide fantastic fun and give you a silly grin . No, its not the ultimate S but it still is great driver entertainment.


Spot on...If you have the extra dosh and want the V8S the go for it but make sure you have some spare cash left over just in case. If you decide the V8S is the one for you then try to get a Pre Cat as they sound MMmmmm! Although my next door neighbour wouldn't agree with that but i am sure JSG would

Take a look through the older posts as I and many others have asked similar questions over the last 4 months or so.

Ian