1994 4 ltr chim "whats it worth"
1994 4 ltr chim "whats it worth"
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Discussion

PYNEY

Original Poster:

1,048 posts

249 months

Tuesday 22nd February 2011
quotequote all
hi all

i've been offered a 4.0 ltr chim m reg 1994 any ides on what i should pay for this car

the car seems to be in good conditions for the year i haven't seen the condition of the chassis as yet ?
its done 30,000 miles from new and has been sitting in a barn for the past 8 years , starts and runs fine

the colour is red not the best colour but looks ok , interior needs a good clean and has some small tears in the center consol and gear stick gaitor

what i'd like to know is what would be a fair offer on this car

and what things should i allow to renew if its been standing for 8 years ££££££

cheers keith

jr6yam

1,363 posts

214 months

Tuesday 22nd February 2011
quotequote all
Hi Keith

For what it's worth I paid £5.5K for mine (with 8months MOT)
Mine had been stood for a while and the fuel pump, tank and filter
were full of crud.
I would replace any rubber pipework and thoroughly check the electrics

John

miniman

30,211 posts

293 months

Tuesday 22nd February 2011
quotequote all
I reckon you've got to budget £5000. £3500 - £4000 for the car, and the rest for fixing stuff.

It will need a full service for starters - £350 or so if you get it done by someone else. The service schedule would be a good starting point for things to look for. I'd be thinking about discs and pads personally.

Tyre Smoke

23,018 posts

292 months

Tuesday 22nd February 2011
quotequote all
Likely it will need new brake lines, all fluids, and a chassis. Perhaps a hood too.

How much do you want it?

Offer them a bucket of sand. It's the least desirable Chimaera, one of the oldest and the wrong colour. On top of that it's been standing in a draughty old barn for 8 years.

miniman

30,211 posts

293 months

Tuesday 22nd February 2011
quotequote all
I'd say if the chassis is gone it's hardly worth a bid at all.

peaktorque

1,807 posts

242 months

Tuesday 22nd February 2011
quotequote all
........tyres, fuel hoses, fuel tank flush, oil, filter, water, brake fluid, varius seals.... pretty much every thing will need refreshing.

Why was it taken off the road?

Assuming that it runs ok £2500 - £3000 at the very most.

Tyre Smoke

23,018 posts

292 months

Tuesday 22nd February 2011
quotequote all
peaktorque said:
........tyres, fuel hoses, fuel tank flush, oil, filter, water, brake fluid, varius seals.... pretty much every thing will need refreshing.

Why was it taken off the road?

Assuming that it runs ok £2500 - £3000 at the very most.
Christ on a bike!

Do you want to invest in my Snake Oil Company?

£2-3k are you mad?????

A sorted running Mot'd newer car is yours for £6ish. This just screams moneypit.

peaktorque

1,807 posts

242 months

Tuesday 22nd February 2011
quotequote all
Tyre Smoke said:
Christ on a bike!

Do you want to invest in my Snake Oil Company?

£2-3k are you mad?????

A sorted running Mot'd newer car is yours for £6ish. This just screams moneypit.
You are correct, but this beast has a low mileage on it's side which a lot of potential TVR owners seem to obsess over wink

I was going to edit the price in my post, but you've already quoted it, so little point now banghead

That would be a top end price anyway, based on doing the work yourself, I haven't even seen the car and if it was a pile of st you would offer less.

Even a crap Chim with rusty outriggers will sell on ebay for £1800.

Tyre Smoke

23,018 posts

292 months

Tuesday 22nd February 2011
quotequote all
Sorry! hehe

30k is not good if it's been stood for 8 years.

roysum

961 posts

220 months

Tuesday 22nd February 2011
quotequote all
Give me the details, I'll have a look for you. It probably won't be worth the trouble ! biggrin

TJC46

2,199 posts

237 months

Tuesday 22nd February 2011
quotequote all
Tyre Smoke said:
Likely it will need new brake lines, all fluids, and a chassis. Perhaps a hood too.

How much do you want it?

Offer them a bucket of sand. It's the least desirable Chimaera, one of the oldest and the wrong colour. On top of that it's been standing in a draughty old barn for 8 years.
nono
Red may not be to your taste but i deliberatly searched for a red chim, so only in your opinion is it "the wrong colour". Its the colour most ferraris come in, and if its good enough for them............


Getting back to the O.P. would have to agree with others, fluids, seals, tyres etc, etc. One point and valuable at that judging by 2nd hand prices being asked, would be the engine. Im sure without to much cost this could be sorted. There on the bay starting at about £1500 to £2000 and if there is some history etc to varify the 30,000 miles then engine and box alone must be worth this....................I.M.O ........... i hasten to add.

PYNEY

Original Poster:

1,048 posts

249 months

Tuesday 22nd February 2011
quotequote all
hi all

reds not everyones cup of tea ! but this chim looked very good

thanks everyone for your comments , i think the guy wants £5,500 min so on looking at her thats not a bad price
but as everyone has said its the cost of getting all the parts checked/replaced which will be a unknown cost and i dont like the unknown ?
one of my tvr friends mentioned that the diff seals may have gone hard due to lack of use this would only show up after using the car 2 months later
this i've been told is an expensive job

i will view the car again on a ramp but will make an offer based on all the things that can go wrong , diff seals,tyres,hood, chassis etc
so £ 3,500 isn't far out ? i know he wont take that , but atleast i wont have to pick up the costs £££££££££££££££££££ later

thanks all for your comments

TheCoolerKing

347 posts

193 months

Tuesday 22nd February 2011
quotequote all
peaktorque said:
Even a crap Chim with rusty outriggers will sell on ebay for £1800.
Not if the advert was worded like that.laugh

It would probably be described as 'In need of TLC'biglaughbiglaugh

peaktorque

1,807 posts

242 months

Tuesday 22nd February 2011
quotequote all
Tyre Smoke said:
Sorry! hehe

30k is not good if it's been stood for 8 years.
Agreed, but a lot a lot of mileage fairys would think otherwise and pay a premium for the privilege (the same sort of people that start topics on tyre pressures)

A lot will depend on whether this car has been stored inside or out for 8 years, I would be a lot less `concerned about a car thats been dry stored, than one thats been 'tarpaulined'

It all comes down to price though wink


Dr Mike Oxgreen

4,470 posts

196 months

Wednesday 23rd February 2011
quotequote all
As well as all the things that have been said so far, you'd need to budget for a new cam shaft in the next year or two. If it's been standing that long, the oil film will have long since drained off, and corrosion will have started on the lobe surfaces. When you start driving it now, that corrosion will rapidly wear away leaving a pitted surface that will accelerate further wear. It may drive fine now, but it could be a dog in 10,000 miles' time.

£5,500? He must be joking!!!

phillpot

17,523 posts

214 months

Wednesday 23rd February 2011
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Dr Mike Oxgreen said:
£5,500? He must be joking!!!
+ 1

Look out for mice in the interior and chewed up wiring loom !

dog man

552 posts

233 months

Wednesday 23rd February 2011
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Post pics if you can!

Zippee

14,152 posts

265 months

Wednesday 23rd February 2011
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phillpot said:
Dr Mike Oxgreen said:
£5,500? He must be joking!!!
+ 1

Look out for mice in the interior and chewed up wiring loom !
Same here!
You need to budget for replacing virtually every rubber seal, pipe and gasket. Tyres will all need doing, as will all fluids. Diff bushes will likely be gone - around £350 to replace all 3. Brakes may well be seized and discs corroded. I certainly wouldn't want to start the engine after having been stood so long and no fluids having touched any of it during that time. Remember also the gaskets on the engine - top and front - that a PITAs togget to but will leak coolant, oil etc the minute you start driving her properly. Having bought a Chim that has done less than 300 miles in a year I know full well just how much will dry out and perish in a short space of time. God only knows what state the chassis is in as well.

For a decent, used 94 400 Chim I'd pay no more than 5-6k. For a low mileage, 8 year stored car I'd pay no more then a couple of grand.
As already stated the 400 is the most common and not the most sought after Chim - theres plenty out there and for that price price you'd have a lot of much better examples to choose from.

Dr Mike Oxgreen

4,470 posts

196 months

Wednesday 23rd February 2011
quotequote all
If you can talk some sense into the current owner and persuade him that it's not worth more than a couple of grand or so, then it starts to make a bit more sense.

Lots of the jobs that have been mentioned are only major because they involve things that are normally very difficult to gain access to. But if you were to budget, say, £3.5k on having a complete body removal, outrigger replacement (let's assume they need doing 'cos they probably do), chassis strip and re-powder - then loads of the big jobs are no longer such biggies because you're taking it all apart anyway. Replacing parts is then only a case of paying the cost of the parts - the labour for refitting is included in the rebuild anyway.

So if you can buy it for a couple of grand, pay £3.5k on a major rebuild and chassis restoration, maybe another grand or so on other bits and bobs that you discover need doing - you'll have spent somewhere in the region of £7k to £8k but you could have a car in better-than-new condition. You will also have a warm, fuzzy feeling of pride in having rescued it from a barn. If that appeals to you, I think it's a justifiable way of spending your money.

PYNEY

Original Poster:

1,048 posts

249 months

Wednesday 23rd February 2011
quotequote all
all very good points , i would never of thought that a tvr not being used would cause so many possible problems
i dont think the current owner knows how bad his car will be when it gets used sfter all these years
i'm sure the seller wont part with it for anywhere near £2k to £3k and will let it sit for another 8 years if he cant get £5.500

i can only state what has been said on here and mention all the costs involved and see if i can get it at the right money
then i'll have spare cash to fix her when required

thankyou all

keith