Depreciation or Inflation of Wedge Prices?
Discussion
I am new around here and have recently bought myself a wedge with the aim of using it as a fun car, maybe even daily car if its reliable enough. Despite not being an investment I can't help wondering, in general, will these cars go up, down or stay as they are?
With production moving abroard will this make the genuine British cars more valuble? Or perhaps there limited numbers? Or will they die to scrap value?
Has anybody ever seen a graph of model age vs. price plotting the various modles? I should imagine it would look somthing like a valley, with prices declining then slowly rising? if so, where are the wedges at now?
Just a few thoughts, any ideas welcome.
With production moving abroard will this make the genuine British cars more valuble? Or perhaps there limited numbers? Or will they die to scrap value?
Has anybody ever seen a graph of model age vs. price plotting the various modles? I should imagine it would look somthing like a valley, with prices declining then slowly rising? if so, where are the wedges at now?
Just a few thoughts, any ideas welcome.
If you are after statistics :
My SEAC has lost 20% of it's purchase price over 4 years
While my T350 (year 2003) which I have just sold has lost 22% of
it's purchase price over just 1 year.
I'll leave you to guess which one has lost the actual highest amount !
Wedge prices seem fairly low but prices can always go down and rarely go up..
I think they will stay fairly static for a while.
My SEAC has lost 20% of it's purchase price over 4 years
While my T350 (year 2003) which I have just sold has lost 22% of
it's purchase price over just 1 year.
I'll leave you to guess which one has lost the actual highest amount !
Wedge prices seem fairly low but prices can always go down and rarely go up..
I think they will stay fairly static for a while.
Prices should stay fairly static as long as your wedge remains in a similar condition to wha it is now.
IMO, the wedges values are based primarily on condition, not on how old they are.
You might see prices comming down as the price of chims is comming down too but it shouldn't be a great deal.
IMO, the wedges values are based primarily on condition, not on how old they are.
You might see prices comming down as the price of chims is comming down too but it shouldn't be a great deal.
Here in the States, wedge prices had remained fairly constant for several years, then experienced an upswing, and now, just recently, a slight decline. Again, price has a direct relation to condition of the individual car and what it would take to put the car right.
As a wedge owner, I feel like the prices will slowly increase, but unfortunately like other TVRs over here, the lack of knowledge over what a TVR is plays the biggest part in keeping the values low.
As a wedge owner, I feel like the prices will slowly increase, but unfortunately like other TVRs over here, the lack of knowledge over what a TVR is plays the biggest part in keeping the values low.
Well, my 400SE has lost just over 60% of the purchase price I paid for it since I owned it (almost 8 years now).
Mine lost the most money when the Griff, Chimp 500's and Cerbera's came out in the mid / late 90's. Then the Big Bad Wedge (NO ITS NOT A TR7!!) slipped down the slope of mass depreciation
Mine lost the most money when the Griff, Chimp 500's and Cerbera's came out in the mid / late 90's. Then the Big Bad Wedge (NO ITS NOT A TR7!!) slipped down the slope of mass depreciation
I think they've bottomed out now. They represent good value for a quick, head turning convertible and affordable for many people looking for weekend toy. A lot of car can be bought for around 5k.
Only thing I would be concerned about is most of the cars are now coming up to 20 years old and many chassis have done a lot of miles. If the chassis needs replacing will people be able to sanction cost of a replacement when values are so low...?
Ex wedge owner but still lurking!
Only thing I would be concerned about is most of the cars are now coming up to 20 years old and many chassis have done a lot of miles. If the chassis needs replacing will people be able to sanction cost of a replacement when values are so low...?
Ex wedge owner but still lurking!
l33 said:
Prices should stay fairly static as long as your wedge remains in a similar condition to wha it is now.
IMO, the wedges values are based primarily on condition, not on how old they are.
You might see prices comming down as the price of chims is comming down too but it shouldn't be a great deal.
IMO, the wedges values are based primarily on condition, not on how old they are.
You might see prices comming down as the price of chims is comming down too but it shouldn't be a great deal.
Take your pick - a run of the mill/shabby Chimaera or an excellent wedge for about the same money.... I know what I'd prefer!
Wedges are readily seen as the ugly duckling of the TVR world....not that us wedge owners care. For the 12-13 years of wedge production around 2000 wedges of all descriptions were made. In 1997, TVR production of Chimaeras was that for one year.
I suspect that Chimaeras will drop the most as there are more to choose from. As for Wedges it depends on what you are looking for...SEACs, 450's, 400's will probably always be the wedge to have as well as the one off's or low production run variants such as the SX, Turbo's, 430's etc
Griffs will always be seen as a classic because of it's design and the V8's and their relative low production numbers compared to the Chim.
As for Cerberas, early ones are now down to £11k or less depending on condition, you get a lot of motor for your money, but as the engines are a bit more specialist than the RV8,that would be seen as a negative until the current TVR situation is sorted with regards to factory supplied parts.
If you look at the wedge then I personally think that values will level out and then begin to climb for certain models. If you want a hand built british sports car, that you can insure on a cheap classic policy, that will hold it's own on the road, is rare, comes in so many different flavours and you can meet like minded nutters......I think that the wedge ticks many of the boxes.
If you want an entry level TVR you can choose the Wedge 2.0 or 280, The "S" 280 or 290, or an "M"/Taimar 1.6, 2.5 or 3.0. Plenty to choose from depending on you taste and requirements.
Make mine a wedge please.....a large one !
Nige'
I suspect that Chimaeras will drop the most as there are more to choose from. As for Wedges it depends on what you are looking for...SEACs, 450's, 400's will probably always be the wedge to have as well as the one off's or low production run variants such as the SX, Turbo's, 430's etc
Griffs will always be seen as a classic because of it's design and the V8's and their relative low production numbers compared to the Chim.
As for Cerberas, early ones are now down to £11k or less depending on condition, you get a lot of motor for your money, but as the engines are a bit more specialist than the RV8,that would be seen as a negative until the current TVR situation is sorted with regards to factory supplied parts.
If you look at the wedge then I personally think that values will level out and then begin to climb for certain models. If you want a hand built british sports car, that you can insure on a cheap classic policy, that will hold it's own on the road, is rare, comes in so many different flavours and you can meet like minded nutters......I think that the wedge ticks many of the boxes.
If you want an entry level TVR you can choose the Wedge 2.0 or 280, The "S" 280 or 290, or an "M"/Taimar 1.6, 2.5 or 3.0. Plenty to choose from depending on you taste and requirements.
Make mine a wedge please.....a large one !
Nige'
Miss Vixey said:
l33 said:
Prices should stay fairly static as long as your wedge remains in a similar condition to wha it is now.
IMO, the wedges values are based primarily on condition, not on how old they are.
You might see prices comming down as the price of chims is comming down too but it shouldn't be a great deal.
IMO, the wedges values are based primarily on condition, not on how old they are.
You might see prices comming down as the price of chims is comming down too but it shouldn't be a great deal.
Take your pick - a run of the mill/shabby Chimaera or an excellent wedge for about the same money.... I know what I'd prefer!
Wot she said but you forgot "more common" in your adjectives. The rarity of the wedge is a big plus point esp if you've got a decent one. Clearly however, it's not a car to make money on, you might even have to spend a bit
and from earlier comments if money appreciation's your aim this is the wrong marque. If it's just appreciation then 
On the subject of prices of Chimps coming down?
Last night went to go and see an early chimp brought by a mate for just over £6k it had great interior, great paint, chassis looked good - without getting underneath it, handled drove and stopped as it should do!!!
With prices like that for Chimps who know what will happen to wedge prices!
Last night went to go and see an early chimp brought by a mate for just over £6k it had great interior, great paint, chassis looked good - without getting underneath it, handled drove and stopped as it should do!!!
With prices like that for Chimps who know what will happen to wedge prices!
For example; worth every penny if you ask me, and all the others on classifieds
www.pistonheads.com/sales/109952.htm
www.pistonheads.com/sales/109952.htm
pwd95 said:
For example; worth every penny if you ask me, and all the others on classifieds
www.pistonheads.com/sales/109952.htm
www.pistonheads.com/sales/109952.htm
Not sure about the DIY sunroof .. looks like it would take ages to open
badred said:
Yes but for £14k???
A tad overpriced for a pimped up wedge me thinks. No doubt there is someone out there who wants it, but that person aint me - Thats Tuscan / pristine Griff money!
islander said:
pwd95 said:
A good wedge will always command a good price. If you look at the prices of the 70's stuff, a good one will always fetch a good price. It's down to condition now IMHO.
But to a certain extent thats my point, this Chimaera is in very good conditon and still only £6k
Valid points from you both.
IMHO if you like the looks and rarity of the Wedge, then only a Wedge will do (bit like Marmite, love / hate). Also there are so many Chimeras around now that the price of them can only fall, loosing you money. Wedge prices are now so low now they can't drop much more if at all, so a Wedge is a better investment (so long as you buy a well maintained one). There is also the benefit of classic insurance on the Wedge, saving you £'s on annual running costs, and the commradarie of the Wedge community. That's priceless!!
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