Anyone looking for a Granny Project ?

Anyone looking for a Granny Project ?

Author
Discussion

Moto

Original Poster:

1,261 posts

260 months

Wednesday 30th October 2019
quotequote all
Just in case anyone on here hasn't seen this and is looking for a Grantura, this looks nice.

https://www.carandclassic.co.uk/car/C1171461

It's got a Climax engine as well. Reckon there could be a lot of bidders, especially based on the estimate.

Moto

bazjude2998

666 posts

131 months

Saturday 30th November 2019
quotequote all
So it sold for £18k.add to that restoration costs of £25k+ if your doing the bulk yourself.I know the Coventry Climax engine and history will have helped to hype the price but it does make my fully restored Grantura seem a bargain.So in 12 weeks of marketing plenty of enquiries but not one tyre kicker has viewed.The classic car market has definitely softened and we are in strange times.BREXIT gets blamed for everything,I don’t buy that.
Where am I going wrong.?


Tonksie355

92 posts

182 months

Saturday 30th November 2019
quotequote all
I recon not just brexit but people worried about fossil fuel vs electric.

Not too sure what to make of it myself, not sure if just me but market of most cars seemed to have slowed?

Moto

Original Poster:

1,261 posts

260 months

Saturday 30th November 2019
quotequote all
Barn find / full resto projects often sell quickly and for much more than they're worth on paper. Road going examples often are the better buys but don't sell quickly.

There are a lot of dreamers ready to hand over relatively large bundles of cash with massive enthusiasm and the best intentions of doing a project build. Lack of time and knowledge together a realisation of the work involved and the further large bundles of cash required means many cars then sit around in garages, sheds & barns until they're sold on again to another enthusiastic, well intentioned dreamer.

Only a small percentage of project cars end up reaching completion and becoming a road going example. I would hazard a guess that there are at least two classic TVR projects waiting in garages for every one on the road.

In answer to your question :

Option 1 : sit on it until it starts to rot away and needs a rebuild. Then sell it as a barn find.

Option 2 : just use it and enjoy driving, owning and looking at a fantastic car

Option 3 : reduce the asking price until potential buyers start showing interest

Option 4 : as is but just accept it may take a while to find a buyer at the true worth of the car

Sorry that's not much help but it felt good to share the non-sense of classic TVR values

Moto




bazjude2998

666 posts

131 months

Saturday 30th November 2019
quotequote all
Thanks for prompt replies and Motos suggestions.The only reason I,m selling is because I bought a Type 14 project thinking the Grantura would sell quickly,I can’t sit on it as funds and space are needed for the Lotus.I have reduced the suggested sale price by £5k so I guess another similar dive may be needed.Where do you stop?I would put the Granny into auction myself if it was a barn find,but I absolutely cringe at the way people crawl over immaculate cars at these auctions.It just goes against the grain.




RobMk2a

432 posts

138 months

Sunday 1st December 2019
quotequote all
Barry,

No critism as you have a valid reason for the sale (I would also like an Elite), but It's a shame you have not used the car, if you came to a few pre 80's TVR meetings you may find an interested buyer. Another option is to advertise on say racecarsdirect. Whilst it will need converting to race specs it would be a relatively cheap way to enter Pre 63 GT events. It is certainly must less cost than an Elite or Healey. There are quite a few Grantura 2 & 3s competing in Europe - France, Belgium, Italy and Germany.

I have found a few owners of M series cars are now looking at Granturas such the buyer of the Climax car above.

Just an idea.

Rob Pennington

bazjude2998

666 posts

131 months

Sunday 1st December 2019
quotequote all
Thanks Rob and all others for taking the time to reply.All points and suggestions are noted.Lots to think about.Not the best time of the year to sell a Classic,if it wasn’t for the Elite lurking in the wings I would be enjoying the Granny.
Chatting on these forums does no harm and can only help in spreading the word.
December is here so may I be one of the first to wish you all the very best.
Drive Safely

plasticpig72

1,647 posts

156 months

Monday 2nd December 2019
quotequote all
What sort of price are you looking for the granny.
Here in France there are a lot of TVR owners.
The gbp is low against the Euros.
Have you tried contact with the French TVR Club.
Alan

bazjude2998

666 posts

131 months

Monday 2nd December 2019
quotequote all
Thanks Alan,I will follow your advice.My car is advertised in the TVR mag and also in some of the glossies.Classic & Sports Car,Classic Cars and others.I don’t want to fall fowl on the rules of posting adverts on this forum so please check out the advert details for price and specification.
Regards Baz

anonymous-user

61 months

Sunday 8th December 2019
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The ad has been pulled is it sold now?

bazjude2998

666 posts

131 months

Wednesday 11th December 2019
quotequote all
V6 Pushfit said:
The ad has been pulled is it sold now?
No still for sale ,will repost if possible
Thanks

Moto

Original Poster:

1,261 posts

260 months

Monday 23rd December 2019
quotequote all
Hi Graham.

Well done on your purchase. I think it's a great project and I personally love the Climax engine. It's great that it's been purchased by someone who has the experience to do it justice. Keep us informed on progress will you.

Congrats

Moto

Granturadriver

629 posts

268 months

Tuesday 24th December 2019
quotequote all
Great to hear that you are planning to bring it back to the road!

What I saw on the pictures seemed to be a car in very original condition.

I would love if you could document its current status with some detailed pics here at ph.

plasticpig72

1,647 posts

156 months

Tuesday 24th December 2019
quotequote all
bravo Graham m,
what a fantastic project. A very nice Christmas present.
Alan

V8fan

6,608 posts

275 months

Tuesday 24th December 2019
quotequote all
Guide price was £10k - £12k, but it sold for £18k!

https://online.handh.co.uk/m/lot-details/index/cat...

1 owner and 20k miles from new though...…..

anonymous-user

61 months

Tuesday 24th December 2019
quotequote all
graham m said:
Nice!

anonymous-user

61 months

Tuesday 24th December 2019
quotequote all
Nice

Adrian@

4,386 posts

289 months

Tuesday 24th December 2019
quotequote all
graham m said:
The Climax Grantura was purchased by me. It will definitely see the road again and soon. I have previously fully restored a 3000m and owned a Taimar Turbo SE so i know what it takes to put a classic TVR back on the road. I also own some very special Faithorpes. Now i have examined the car and have its fully documented history i am very happy with the price paid.
Sorry but, I think you are giving the wrong impression...both the 3000M and the Turbo have subsequently needed body off rebuilds, and you personally did not recommission the Turbo. A@

Edited by Adrian@ on Tuesday 24th December 16:04

graham m

78 posts

275 months

Tuesday 24th December 2019
quotequote all
Adrian@ said:
Sorry but, I think you are giving the wrong impression...both the 3000M and the Turbo have subsequently needed body off rebuilds, and you personally did not recommission the Turbo. A@

Edited by Adrian@ on Tuesday 24th December 16:04
Hello Adrian, nice to hear from you again after so many years. I think you must have forgotten the full body off rebuild i did on 3000M JFW7T before it was rear ended and written off. You certainly did a lot of business selling parts for it for the rebuild i did. It was subsequently sold as salvage by the insurance company and badly repaired before having a full body off again and now is a really nice car from the pictures i have seen.

I never stated i rebuilt Taimar Turbo SE BLF112S as i never did, but i certainly owned it for a number of years. It was bought after The 3000M was written off. I am sure you will remember inspecting it before purchase.

Regards