prices looking strong
prices looking strong
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Obiwonkeyblokey

Original Poster:

5,400 posts

256 months

Monday 23rd June 2008
quotequote all
Looking in the classifieds section it seems that a recently restored vixen has been sold, advertised at 12.5k ( dont know what it was sold for) and a Tuscan V6 in what looks like very nice condition also went recently( advertised for 11.5k). I was tempted myself!

surely a good sign that these cars are attracting reasonable prices at present. I have often wondered why they get such a hammering in the classic car price guides? Its almost as if the classic car magazines dont class them as "proper" classics like an MG or healey......

heightswitch

6,322 posts

266 months

Monday 23rd June 2008
quotequote all
Obiwonkeyblokey said:
Looking in the classifieds section it seems that a recently restored vixen has been sold, advertised at 12.5k ( dont know what it was sold for) and a Tuscan V6 in what looks like very nice condition also went recently( advertised for 11.5k). I was tempted myself!

surely a good sign that these cars are attracting reasonable prices at present. I have often wondered why they get such a hammering in the classic car price guides? Its almost as if the classic car magazines dont class them as "proper" classics like an MG or healey......
As with everything Owen, Guides are only Guides.

There are polished rusty chassied wrecks out there and reasonable original cars able to be driven but requiring a lot of work

Properly restored cars though rarely come up for sale and when they do they command what the seller wants for them.

Its always the same cars which come up for sale usually spending a year or so in between owners until they decide that the resto is beyond them.

Very few cars get properly restored.

N.

TimmyArt

1,425 posts

234 months

Monday 23rd June 2008
quotequote all
Afraid to say SYD is on the market. Lovely car but I just wont get time to use it this year or possibly next.
I never really understand why people sell cars they have freshly restored but then thats the enjoyment for them I guess.
Syd is not 120% concours like the orange vixen but has a fantastic history, brilliant chassis and generally in great condition. Chassis was replaced in '94 I think, engine all done in the last few years. I'd love to keep it but I can't have lots of cars!(even though I'd like to)

TVR's have always been strange with the prices they fetch. Most of them are a bargain compared with MGs and healeys etc. 3000Ms being particulary good value.

Obiwonkeyblokey

Original Poster:

5,400 posts

256 months

Monday 23rd June 2008
quotequote all
I noticed it had popped up. Good luck with the sale.

splashman

10 posts

230 months

Monday 23rd June 2008
quotequote all
I guess the reason most of the good restorations dont often come on the market is all that blood sweat a tears , time and money that goes into them . Mine's just back on the road and conservatively it cost me 25k , so why sell when you did it to get some drive time in the beast. Most classic resto's are the same look at some of the figures for 'lesser' cars than ours and you wonder how they justify a concourse resto, other than the pleasure of the drive or showing it.

heightswitch

6,322 posts

266 months

Monday 23rd June 2008
quotequote all
splashman said:
I guess the reason most of the good restorations dont often come on the market is all that blood sweat a tears , time and money that goes into them . Mine's just back on the road and conservatively it cost me 25k , so why sell when you did it to get some drive time in the beast. Most classic resto's are the same look at some of the figures for 'lesser' cars than ours and you wonder how they justify a concourse resto, other than the pleasure of the drive or showing it.
Only £25ksmile

Yes I think its funny when some people think a Vixen at £12k is expensive. Mondeo money!!

I think that my Racer is around the £35k mark with me doing most of the work.

I reckon if you can body prep and spray yourself then a std vixen will cost around £15k to build yourself. start modifying and the budget climbs accordingly. It is certainly not possible to build one any cheaper than £14k though

N.

A la one again

5 posts

206 months

Monday 23rd June 2008
quotequote all
12,5 k is not cheap but as you say the cost of restoration is higher than this price and the orange Vixen is really beautyfull.
I don't understand why TVR are cheaper compared to MG, triumph, ...
Sorry for my english but my motehr tongue is french :-)

splashman

10 posts

230 months

Thursday 26th June 2008
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Yes only 25K ! seems like a bargain doesnt it ?

That excludes my own labour of course that would bring it up to £....gazzillion !! Would be interesting to calculated how many hours the average restoration takes , including searches on ebay, phone calls, reading old manuals scratching of head , bet its frightening ....

P

robgte

46 posts

222 months

Friday 27th June 2008
quotequote all
splashman said:
Yes only 25K ! seems like a bargain doesnt it ?
25K seem like a hellua lot of money - would you care to give a rough breakdown of where that money went?

I've got a Taimar that needs restoring and I was anticapating completing a full restoration for about a 1/4 of that. And I have been there and done it before (on a scimitar) so I kind of know what to expect (I think)

Regards
Rob

TVR_owner

3,349 posts

207 months

Friday 27th June 2008
quotequote all
robgte said:
splashman said:
Yes only 25K ! seems like a bargain doesnt it ?
25K seem like a hellua lot of money - would you care to give a rough breakdown of where that money went?

I've got a Taimar that needs restoring and I was anticapating completing a full restoration for about a 1/4 of that. And I have been there and done it before (on a scimitar) so I kind of know what to expect (I think)

Regards
Rob
Do it right, do it once is the old addage.

Our old S was restored in 1990, not at dealer or indie labour rates, but the work was done by AN Other. It had some paint, no chassis repairs (other than a strip and repaint). All the assembly work was done correctly (no shortcuts)with all parts rebuilt or renewed. Stainless was used where appropriate and items were powder coated rather than painted - with the exception of the chassis. The car was retrimmed in Quality Leather and Wilton (even the boot).

The exhaust was custom made to match a custom built Turbo and is still on the car.

In short it was a good retoration. 18 years after with proper TLC and the same logic applied to what is replaced with what as was during the restoration it's still a joy to own. It's gets enthusiatic use, but also would not look out of place at any concours event. The look on peolpes faces when you explain it was restored almost 20 years ago is priceless.

My advice would be, if you can afford to do it correctly, take the extra time to do it - if you cant, keep the old girl running till you can!

The figures mentioned above may or may not be realistic - depends on how much you do yourself and the quality of the parts used I suppose. I know what ours cost to restore all those years ago but I'd rather not think about it - other than to think it turned out to be a worthwhile investment.;)