Residual values
Author
Discussion

YI8TVR

Original Poster:

1,105 posts

278 months

Tuesday 11th November 2003
quotequote all
Being wet behind the ears with TVR do they loose more money in autum and winter then pick up more in spring and summer or is it just a snake with no ladders.

Just a thought.

DMc

711 posts

282 months

Tuesday 11th November 2003
quotequote all
It will loose money all year round but will slow down in the summer

Terminator

2,421 posts

312 months

Tuesday 11th November 2003
quotequote all
YI8TVR said:
do they loose more money in autum and winter then pick up more in spring and summer
Convertibles seem to pick up in the spring/summer but Cerberas lose money all the time until they reach about £14000

Pies

13,116 posts

284 months

Tuesday 11th November 2003
quotequote all
Dont care not selling

simpo two

92,574 posts

293 months

Tuesday 11th November 2003
quotequote all
The popular, and logical, school of thought is that prices are lower in autumn and winter than in spring and summer. However, probably for this reason, people tend to advertise their cars in the spring and summer. Hence, you get many more cars on the market at those times, which means the supply and demand effect can come in. On top of all that, there will often be people offering their cars at reasonable or 'emergency' prices throughout the year - so I'd say the best thing to do is keep your money in a no-notice account, keep your eyes open and be ready to pounce when the right car and deal arrive.

bjwoods

5,018 posts

312 months

Wednesday 12th November 2003
quotequote all
Supply and demand has an effect, but their are relatively few TVR's out there (cf boxters/911's etc)
So if you when you do see a good car, I'd be inclined to get it while you can (especially if a more unusual coulur combination).

A good car will always sell, the main factor being how desperate the seller is for the money. Some will sell because they will have to. Some aren't that bothered, and will sell when someone loves the car enough to take it off their hands (i.e they might not want to sell it really, but are going thorugh the motions - , keeping wife,etc happy, but keeping the car, and if they do get lots of cash binus, for the bnext one)

B

>> Edited by bjwoods on Wednesday 12th November 13:15