Opinion on value of S2 project
Discussion
I'm seeking opinions on what's a fair price to pay for this neglected S2, please. The owner is in no rush to sell and left it with "make me an offer".
It's looking very sorry and is a certain body-off total rebuild.
It has sat outside in UK weather for probably 5 years. The seller reckons it hasn't been on the road for maybe 20 years.
Chassis - outriggers are bad as expected, looking crusty around the trailing arm pick-up points. Collapsed bonnet hinge brackets.
Body - only a few signs of star-crazing
Engine/transmission - untested, and was last run 3 or 4 years ago. Instruments show 61000 miles
Hood - disintegrated
Interior - water damaged seats and carpet, but dashboard and door-cards complete.
Possible leaky fuel tank according to the owner.
No service history.
I have a history of brave projects and this one is starting to appeal if the price is right
It's looking very sorry and is a certain body-off total rebuild.
It has sat outside in UK weather for probably 5 years. The seller reckons it hasn't been on the road for maybe 20 years.
Chassis - outriggers are bad as expected, looking crusty around the trailing arm pick-up points. Collapsed bonnet hinge brackets.
Body - only a few signs of star-crazing
Engine/transmission - untested, and was last run 3 or 4 years ago. Instruments show 61000 miles
Hood - disintegrated
Interior - water damaged seats and carpet, but dashboard and door-cards complete.
Possible leaky fuel tank according to the owner.
No service history.
I have a history of brave projects and this one is starting to appeal if the price is right
Wow! You are a brave man to be willing to attempt a project like that.
As far as a value goes, I think you are really looking at the value of the car as a collection of parts. That makes it difficult to assess but I'd say £1500? Others may have a better idea but that would be my best guess.
Also, and I'm sure you are aware of this, you will end up spending more on this car (even doing most of the work yourself) in total than you could currently buy a usable car.
Good luck, and keep us updated about the purchase and restoration.
As far as a value goes, I think you are really looking at the value of the car as a collection of parts. That makes it difficult to assess but I'd say £1500? Others may have a better idea but that would be my best guess.
Also, and I'm sure you are aware of this, you will end up spending more on this car (even doing most of the work yourself) in total than you could currently buy a usable car.
Good luck, and keep us updated about the purchase and restoration.
Even if you get it for nothing it will cost you more to bring it back than it's every likely to be worth.
A good project if you have time, space & money but don't think this a cheap way of getting into 'S' motoring.
Are you looking to buy an 'S'? If so there's plenty of good ones to choose from.
I know of a very nice V6 local to me which might be available (not currently advertised anywhere so that's all I'm saying here). PM me if interested.
A good project if you have time, space & money but don't think this a cheap way of getting into 'S' motoring.
Are you looking to buy an 'S'? If so there's plenty of good ones to choose from.
I know of a very nice V6 local to me which might be available (not currently advertised anywhere so that's all I'm saying here). PM me if interested.
I say go for it!
Id love to have the skill and confidence to get stuck into a project like this. Sure a really clean one will be cheeper than rebuilding but it will give you time to really bond with (or hate) it. 
Use it as the basis for your perfect spec, maybe do some modifications (supercharger?) Plus it will feel fantastic once YOU have got it back on the road and you get to enjoy it!
Id love to have the skill and confidence to get stuck into a project like this. Sure a really clean one will be cheeper than rebuilding but it will give you time to really bond with (or hate) it. Use it as the basis for your perfect spec, maybe do some modifications (supercharger?) Plus it will feel fantastic once YOU have got it back on the road and you get to enjoy it!
TVR S2 Special 2. 9 V6. - £5500 wanted for 76k miles car.
Nut and bolt, complete body off restoration, reengineered and modified to improve and enhance.
Bonnet vents and air scoops, in the correct places, crazing eliminated correctly and painted in Chameleon pearl – colour shift from blue to purple and topped with metal flake and lots of lacquer. De chromed!
Yes the rear spoiler is effortlessly removed and would not leave visible damage.
Engine- rebuilt 2. 9 V6 mild gas flowed heads, Samco silicon pipes, remote oil filter and new shrouded radiator. Stainless steel, tubular headers, wrapped and full st/ stl system. Free flow air filter, new clutch and diff bushes, new fuel pump and hoses.
Rebuilt chassis, with thick wall and galvanised/ painted outriggers, fully rebuilt suspension with adjustable Gas shoxs.
New and rebuilt brakes front and rear etc.
Rear mounted battery, with remote charging point
Interior- High back leather, adjustable bucket seats, blue carpet, new gauges , Cobra–ish roll bar.
So much more!
Show them the above & offer £500 to trailer away. As others have said, this is just a collection of roughly held together parts, it'll never be worth the costs to put it back together that you'll put in (unless you really want an individual project for yourself, and money not an object).
At the moment it's the classic 'someone has shown an interest' v 'seller says they're not fussed about selling' situation. Seller effectively has a pile of rotting bits taking up space with 'some undetermined value'. Easier for them to sell in one go (have trailered away) then have to break up & put on ebay, hoping for a sale.
Just because S values have climbed recently, doesn't make this economically viable except for parts. If the seller wants more, let them keep it & concentrate on another S as a project for your skills.
You have nothing to lose with a low offer.
phillpot said:
......Fair comment but some people like climbing Everest, not being dropped on the top by helicopter 
Maybe that one would be more like climbing Everest in a man-kini.....
Mimd you, it does seem to be quite a popular pass-time.....
Edited by v8s4me on Wednesday 3rd May 08:42
When I was looking for an S2 many years ago, the club's S model adviser gave me simple advice - Buy the best one you can afford, because you'll never turn a bad one into a good one for the difference in price.
Of course, that disregards the fun & satisfaction involved in doing all the work ; but we tend to forget how quickly that "fun" can turn into months or even years of frustration, large bills, and sometimes pain ...
It would also mean having no car to drive this summer. If it were me, I'd buy a nice one and put the balance of the money towards lots of tanks of premium petrol.
Of course, that disregards the fun & satisfaction involved in doing all the work ; but we tend to forget how quickly that "fun" can turn into months or even years of frustration, large bills, and sometimes pain ...
It would also mean having no car to drive this summer. If it were me, I'd buy a nice one and put the balance of the money towards lots of tanks of premium petrol.
I'd say that car was worth a couple hundred quid for parts, if you could be bothered stripping it. Maybe double that if the front indicator lenses are intact.
It would probably be technically possible to put it back on the road but you would only do it for the sake of doing it - it's going to take a lot of time and effort, and more money than the end result would be worth.
It would probably be technically possible to put it back on the road but you would only do it for the sake of doing it - it's going to take a lot of time and effort, and more money than the end result would be worth.
It's a pointless exercise. Unless the seller is insane, then a "cheeky" offer isn't going to be accepted. As a whole, it's a pile of junk fit for the scrapyard. As a parts bin, it's gold dust. The seller would be better served by selling off individual parts. That is why any "cheeky" offer should be rejected.
If the seller cannot be bothered to sell parts from it, and will accept a "cheeky" offer, and you are prepared to sell individual parts, then you will make a nice profit. As a restoration project, it's impossible. It would be the most expensive hobby/folly/loss making project that you could imagine.
A dealer is selling a 1998 2.9 with 60K on the clock that had a full restoration, engine rebuild and lots of replacement/upgraded parts from lights to ECU, gearbox and lots more. With a dealer margin, a 6 month warranty, and no doubt some room for haggling, the asking price is £12,895.
If the seller cannot be bothered to sell parts from it, and will accept a "cheeky" offer, and you are prepared to sell individual parts, then you will make a nice profit. As a restoration project, it's impossible. It would be the most expensive hobby/folly/loss making project that you could imagine.
A dealer is selling a 1998 2.9 with 60K on the clock that had a full restoration, engine rebuild and lots of replacement/upgraded parts from lights to ECU, gearbox and lots more. With a dealer margin, a 6 month warranty, and no doubt some room for haggling, the asking price is £12,895.
They won't be "slow movers".
Haven't you ever listed anything on the bay of the e? You would be surprised what sells. I even sold a broken watch for miles more than I expected. The watch repairer I took it to told me that it couldn't be fixed, but it was of interest to someone. I listed it for a 7 day auction and away it went.
How often are you going to find the window glass, the frames, the window winder, a boot lid, just as 4 examples? If you have an S and you need them, you're going to snap them up. Even if you don't need them, you are going to be tempted to buy a stock of (almost)/unobtanium or unobtainium without a lot of effort/expense parts. That's why breakers charge a fortune for them.
A breaker wants £89 for a side window for example.
Someone posted on this site about 14 years ago that similar window winders might have been from some Audi of the period, but was having trouble finding any. 14 years later, what do you think the chances are?
Haven't you ever listed anything on the bay of the e? You would be surprised what sells. I even sold a broken watch for miles more than I expected. The watch repairer I took it to told me that it couldn't be fixed, but it was of interest to someone. I listed it for a 7 day auction and away it went.
How often are you going to find the window glass, the frames, the window winder, a boot lid, just as 4 examples? If you have an S and you need them, you're going to snap them up. Even if you don't need them, you are going to be tempted to buy a stock of (almost)/unobtanium or unobtainium without a lot of effort/expense parts. That's why breakers charge a fortune for them.
A breaker wants £89 for a side window for example.
Someone posted on this site about 14 years ago that similar window winders might have been from some Audi of the period, but was having trouble finding any. 14 years later, what do you think the chances are?
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