What will happen to the BLACKPOOL BUILT TVR residuals?

[crimbo]

With the announcement of the possible TVR return but with a US crate engine and a manufacture outside of the UK I’m just wondering what you guys think may happen to the current TVR residuals. Will the cars steadily lose their value or will they hold their money as they will be remembered as the originals? British designed, British engineered and British built.

On a side note, Good luck to them if they comeback let’s hope they remember to bring back some of the lunacy and fresh ideas, which the car industry has missed since it went.

[JR]

A purely hypothetical question IMHO because I don't believe that this backdoor press release will lead anywhere. History has shown that keeping a company alive, or recreating it, is good for residuals, FWIW.

[Fire99]

Surely Chimaeras, particularly purple ones, will rocket in value. Invested interest??? Surely not

Joking aside, it's hard to tell. I'd probably wait to see if anything comes from this latest news before speculating.

[SonicHedgeHog]

Well, my short answer is that I think it is good news for residuals. The new car will probably be a re-engined Sagaris or Tuscan 2 so if you were in the market for a TVR would you spend £40k on a 10,000 mile 5 year old original or £70,000 on a new one with a 'different' engine. I'd be heading straight for the old car and I reckon the trickle down effect will cause the value of other models to rise too.

[Fire99]

SonicHedgeHog said:

Well, my short answer is that I think it is good news for residuals. The new car will probably be a re-engined Sagaris or Tuscan 2 so if you were in the market for a TVR would you spend £40k on a 10,000 mile 5 year old original or £70,000 on a new one with a 'different' engine. I'd be heading straight for the old car and I reckon the trickle down effect will cause the value of other models to rise too.

I'm not sure about that. I think the S6 reputation has given buyers a cold and I don't think a Chevy V8 powered one will give people inspiration to buy an S6 engined one to be honest.

[Cooky]

TBH it's irrelevant, as I intend to be buried in my Cerb....(if they can find enough of it/me when the time comes).

[noddy2]

Too many broken promises!(enough said)

Edited by noddy2 on Monday 22 February 16:00

[D14 AYS]

IF TVR and its a big if! start making cars I think the original English made cars will hold up very well price wise IMO.
I will always see my TVR as a PROPER TVR .
Made in Germany of all the bloody places

[BliarOut]

Griffs are currently appreciating quite strongly

[shapeshifter]

Apparently all silver red rose 4.5 cerbs have halved in value since the announcement, just the car I'm looking for!

[SonicHedgeHog]

Fire99 said:

SonicHedgeHog said:

Well, my short answer is that I think it is good news for residuals. The new car will probably be a re-engined Sagaris or Tuscan 2 so if you were in the market for a TVR would you spend £40k on a 10,000 mile 5 year old original or £70,000 on a new one with a 'different' engine. I'd be heading straight for the old car and I reckon the trickle down effect will cause the value of other models to rise too.

I'm not sure about that. I think the S6 reputation has given buyers a cold and I don't think a Chevy V8 powered one will give people inspiration to buy an S6 engined one to be honest.

Given the choice of the two I would go for the S6. And I'd stick to that choice even if they were both brand new. A properly built one is now a stunning engine. However, I can't disagree with your comment about the engine scaring potential buyers off.

Another way to look at the residuals question is that TVR had fallen off a lot of people's radar. A new car will be on the front page of all the car mags and there will inevitably be comparison articles with cars of yesteryear. This will get people thinking how much car they can get for £10/20/30k and what fun they could have doing one up. I can see all of PW's cars rising significantly in value over the next year or two.

[Byker28i]

Fire99 said:

I'm not sure about that. I think the S6 reputation has given buyers a cold and I don't think a Chevy V8 powered one will give people inspiration to buy an S6 engined one to be honest.

Not an issue anymore with TVR powers 5 year guarantee. I'd rather have one of those with 350-380bhp than an old designed rover lump.

[Bodmin]

Any answer you get to this question is going to be pure speculation as it has not happened.

The nearest scenario to this situation, although due to the sale of a manufacturer not a resurrection, would be over the Mini.

I would suggest you would get more realistic answers if you posted the question on the Mini forums as those owners have actually HAD to deal with this.

I am sure the same 'I am not going to buy a German built car' comments would have come out at the time but the new Mini's certainly don't seem to have done the brand any harm & appear to be highly rated by magazines such as EVO.

Bodders