Tvr Vixen on ebay

[tvrsloth]

Was this the car resently sold at auction?

http://www.ebay.co.uk/itm/TVR-VIXEN-2500-cc-1971-B...

Not sure what it went for but hope it makes asking price for all us tvr owners

[anonymous-user]

The car has featured on several threads since summer last year.
Personally I hope it achieves a 'proper' price circa £12-14k or these cars get beyond the means of the enthusiast, spares get hoarded and people think that any old pile of bits is worth the same..... so bad news all round

[TCTVR]

tvrsloth said:

Was this the car resently sold at auction?

http://www.ebay.co.uk/itm/TVR-VIXEN-2500-cc-1971-B...

Not sure what it went for but hope it makes asking price for all us tvr owners

SWA sold it at a hammer price of £16,750 + fee / Vat making total just shy of £18K.

TC

[Moto]

Auctions provide a true market value based on what people will pay for a vehicle. Therefore, this car's value is £16,750 plus fees (say £1,000 ish). Anything more is either due to a sudden hike in the market (unlikely unless a car is presented on a TV show like 'for the love of cars' driving demand), or a chancer trying to make a few bob from an unknowledgable or desperate buyer.

[anonymous-user]

Auctions are very much a closed shop and inaccessible to most, need the cash immediately and there's high risk in buying as there will be little history, spares will be gone and the car not driven. The owner is almost anonymous so there's not any detail information. It's also sold in a 5 min period. All this doesn't suit many and it's a shame prices are pegged at recent auction results as these are often skewed - buyers often go with the intention of buying and can go way over as they are there and have taken trouble already.

Partly ditto eBay although it's open to far more, but it's more complicated than that as we all know and full of low bids and chancers. But at least it's over a longer period and a chance to talk in detail with the seller.

Car and Classic is more dealers who need a business profit. Either way a car can be on months and months so setting a high asking isn't an issue.

My money would be on C&C private sales to set the market value but not on one cars price but several over a period.

I'm sure all this has been done to death anyway... The most important thing is that the car (or cars in the future) end up with enthusiasts, it doesn't make me do cartwheels of joy to see ultra high prices I like the normal Joe to be enjoying these cars they need to be used.

Edited by V6Pushfit on Sunday 23 August 10:09

[Moto]

V6Pushfit said:

Auctions are very much a closed shop and inaccessible to most, need the cash immediately and there's high risk in buying as there will be little history, spares will be gone and the car not driven. The owner is almost anonymous so there's not any detail information. It's also sold in a 5 min period. All this doesn't suit many and it's a shame prices are pegged at recent auction results as these are often skewed - buyers often go with the intention of buying and can go way over as they are there and have taken trouble already.

Partly ditto eBay although it's open to far more, but it's more complicated than that as we all know and full of low bids and chancers. But at least it's over a longer period and a chance to talk in detail with the seller.

Car and Classic is more dealers who need a business profit. Either way a car can be on months and months so setting a high asking isn't an issue.

My money would be on C&C private sales to set the market value but not on one cars price but several over a period.

I'm sure all this has been done to death anyway... The most important thing is that the car (or cars in the future) end up with enthusiasts, it doesn't make me do cartwheels of joy to see ultra high prices I like the normal Joe to be enjoying these cars they need to be used.

Edited by V6Pushfit on Sunday 23 August 10:09

I think what you say is largely correct. The market value of a specific model is always more accurately reflected from averaging over a number of sales. I still believe auctions are the most accurate sales to ascertain market value as the internet even makes local auctions accessable to large numbers of potential buyers. Private sellers often over value & sometimes under value. Dealers almost always over value.

Personally I think Vixens are a bargain of the current market as people put too high a price on having 6 & 8 cylinders or racing history. But for looks, rarity & pure handling capability, it's hard to think of another car that gets close for sub £20k.