Too cheap

Author
Discussion

mark cundy

Original Poster:

97 posts

182 months

Wednesday 13th August 2014
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Hi

Having looked at cars and having a little collection myself have to say that Nobles are way too cheap. You have an iconic English car with handling and performance that matches its looks for £25k. There is no way that this is going to remain the case, next year it will be £40k for a M 12 and £50k for a 400. If I had any spare cash I would be buying some.



Mark

S43

115 posts

135 months

Thursday 14th August 2014
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I like your thinking...let's hope your right.

F.C.

3,897 posts

215 months

Friday 15th August 2014
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There's 11 cars for sale in the classifieds (some for a very long time) and it's summer time, I think that number will rise as autumn approaches.
Simple fact is, supply is outweighing demand currently and until this trend changes the market will stagnate or drop.

V1DL3R

560 posts

136 months

Friday 15th August 2014
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The ones which have been for sale for ages are mostly dogs, I looked at a few of them 18months ago and they are still for sale, full of rust or need lots of work. The good ones get snapped up very quickly and the likes of Bespoke and Jetstream seem to have no issues shifting them. The traders who have had certain ones for sale for ages do not know about the marque and quite often have taken them on PX. They see them selling for £25k - £30k so they offer £15k on the PX and put it up for £22k not knowing that that the car needs 10k of work. There is one blue GTO (2.5) which has been for sale for yonks (must be coming up to 2 years). It needs, off the top of my head - ECU upgrade and new wiring harness @5k, LSD @2.5k while your are there you should have the LSD, gearbox and clutch done too totalling 5/6k. When I contacted the dealer he told me that the ECU upgrade would be £400. People who buy into the marque, rightly, do a lot of research first so the good ones do go very quickly.

rsrob1

41 posts

127 months

Friday 15th August 2014
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I think the previous poster is spot on, I spent a long time perusing this forum prior to purchasing my car and it soon became apparent that buying one with all the mods. done was the way to go. Plus I was looking for one which had been tuned. I am quite sure that well sorted cars will hold their value and in time go up. When you consider the performance and the looks and what they cost, they do represent a bit of a bargin in my opinion. If you read this Mike, your car is still going like a rocket and getting a lot of attention wherever its parked!

AMG Merc

11,954 posts

260 months

Sunday 17th August 2014
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Anyone know the history of the M400 at Mole Valley? I'm wondering why it's taking so long to sell.

andrewr

409 posts

205 months

Sunday 17th August 2014
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That's been sold for a couple of months. Shows sold on their website, maybe they leave as available on Pistonheads to drum up business.

AMG Merc

11,954 posts

260 months

Sunday 17th August 2014
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andrewr said:
That's been sold for a couple of months. Shows sold on their website, maybe they leave as available on Pistonheads to drum up business.
Ah, thanks. I must have missed that.

v8yes

1,250 posts

178 months

Sunday 17th August 2014
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V1DL3R said:
The ones which have been for sale for ages are mostly dogs, I looked at a few of them 18months ago and they are still for sale, full of rust or need lots of work. The good ones get snapped up very quickly and the likes of Bespoke and Jetstream seem to have no issues shifting them. The traders who have had certain ones for sale for ages do not know about the marque and quite often have taken them on PX. They see them selling for £25k - £30k so they offer £15k on the PX and put it up for £22k not knowing that that the car needs 10k of work. There is one blue GTO (2.5) which has been for sale for yonks (must be coming up to 2 years). It needs, off the top of my head - ECU upgrade and new wiring harness @5k, LSD @2.5k while your are there you should have the LSD, gearbox and clutch done too totalling 5/6k. When I contacted the dealer he told me that the ECU upgrade would be £400. People who buy into the marque, rightly, do a lot of research first so the good ones do go very quickly.
Guessing from your comment when you was looking for a noble you weren't in the marked for a m400 . As mine ain't full of rust or in need of loads of work and upgrades . :-)

sjc

14,322 posts

277 months

Sunday 17th August 2014
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v8yes said:
Guessing from your comment when you was looking for a noble you weren't in the marked for a m400 . As mine ain't full of rust or in need of loads of work and upgrades . :-)
Paul,hope you're not offended,but If I was in the market for a M400,all the stickers on the car would put me off in the first instance. Do you think it might be worth removing them,and re-wording the advert so as not to concentrate on the cars racing history, but more on the restoration and upgrades?
As I saod, no offence, just meant as a constructive observation.

v8yes

1,250 posts

178 months

Sunday 17th August 2014
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sjc said:
Paul,hope you're not offended,but If I was in the market for a M400,all the stickers on the car would put me off in the first instance. Do you think it might be worth removing them,and re-wording the advert so as not to concentrate on the cars racing history, but more on the restoration and upgrades?
As I saod, no offence, just meant as a constructive observation.
Hi andy no offence taken at all . As the car is unique .The 4 vinyls on the car are removable and upon a agreement on a sale these could be removed . Shud the new owner require and if there was any damage this would be sorted out . After a load of thought I opted to leave these on so as to not try to hide the cars previous history . If you have ever seen my car you would understand and see it has not suffered a hard life as race cars . And the upgrades that this car has had most people wouldn't understand without seeing the car in the flesh . As there was a lot of handling / cooling upgrades and modifications done to make the car easier to work on during pit lane time and paddock time . Which all made the noble very successful in mike gardiners hands .Also I felt if I tried hiding its history it would pop up in google etc as a car that's been raced .and people would presume it had been a insurance cat car / when I fact it was the only noble other than lee nobles race car that was originally supplied new by the factory as a race car. Package . Hope this helps you and anyone else that's flicked over the advert understand my reasons for leaving the car as it is . Cheers for your comment

V1DL3R

560 posts

136 months

Monday 18th August 2014
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v8yes said:
Guessing from your comment when you was looking for a noble you weren't in the marked for a m400 . As mine ain't full of rust or in need of loads of work and upgrades . :-)
Haha true, but we all know yours is something a bit special!

mark cundy

Original Poster:

97 posts

182 months

Tuesday 19th August 2014
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Interesting comments about the cars that are sticking. I bought my Noble four years ago and it was probably a mistake in terms of cash, as it needed a lot of work. This is now done and it is very reliable and great fun. May have overstated immediate future values but in my view it is clear that a Noble is an appreciating asset.

johns355

533 posts

161 months

Tuesday 19th August 2014
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Hope so Mark, when I sold my other car last July it rocketed up in value- typical- if I had it now it'd be worth £10k more!!! I'm planning to sell the nob next year, guaranteed to go up in price!!