3000M prices

[NicBowman]

Hi, posted similar thread on Facebook page, just covering all the bases!

Firm on wanting an early 3000M. Anyone know what they are actually selling for? Best car at the mo looks like a white 3000ML the owner can’t sell it at £21k. Yet lots of others advertised in the high £20ks. Any cars actually selling?

Red car on car and classic auction, needs paint and interior to be excellent. What do folks think it is worth?

Looking for a car needing work, with some value headroom.

Ideally a guide on what cars actually sell for, insurance values etc are all overstated.

Thx

Nic

[RayTVR]

This one was at auction earlier in the year but didn't make reserve - currently listed as under offer;

https://www.brightwells.com/timed-sale/5241/lot/57...

[Mikebentley]

I had a car in that sale (Vitesse) under offer means not sold.

[NicBowman]

Looks quite tidy, £13k offered. Mm. I feel the expectations are perhaps not being met, broadly.

[NicBowman]

But do they? Anyone seen one sold £25k plus?

[TrotCanterGallopCharge]

I think the issue is no one actually knows the value. The classic car bubble has seen some brands value increase, but TVR's still haven't had their 'moment', unlike say Fords today. Everyone is waiting on everyone else to make the first step to establish a pattern/trend. The other thing is with the doom & gloom on the horizon, the classic car bubble may burst. Throw in petrol powered car uncertainty in the near future, this all breeds buyer hesitation, unless the price is really low.

Other reasons maybe that as it looks similar to the S, which generally is cheaper, buyers attention will go more to that car, which is also newer. Chassis refurbs done in the 90's may also technically need redoing now (installing a 'risk' element in a buyers mind), despite a lot of the chassis protection being done to a higher standard than TVR.

Most of the M's seem to have been refurbished, there doesn't seem to be the choice of older cars needing a lot more work, which someone with DIY skills can utilise to build in value. The M's do seem to be hanging around at the moment.

Ref the 'red' car, all we can say at the moment is a price of 'north of £10k'.

I hope you find the car you're looking for, best wishes.

[sixor8]

This V8s sold at Brightwells auction last week at the 2nd try. Went for £10,752 inc. fees it seems.

https://www.brightwells.com/timed-sale/5242/lot/58...

The reserve had been dropped by £2k to £12k and the top bid was actually slightly less (£9600 + fees) than in the June classic auction when £9950 was refused...

https://www.brightwells.com/timed-sale/5241/lot/57...

The same auction that the 3000M above didn't sell at.

[GTRene]

sixor8 said:

This V8s sold at Brightwells auction last week at the 2nd try. Went for £10,752 inc. fees it seems.

https://www.brightwells.com/timed-sale/5242/lot/58...

The reserve had been dropped by £2k to £12k and the top bid was actually slightly less (£9600 + fees) than in the June classic auction when £9950 was refused...

https://www.brightwells.com/timed-sale/5241/lot/57...

The same auction that the 3000M above didn't sell at.

I always wondering why those V8S are still so cheap! they are rare, i owned on a LHD those are even more rare, about 58 or so were made, but the LHD are not that cheap, but still those RHD also rare but way to cheap I think, but hey, its the market who decides.

I think good aV8S should have been at least 25-35k and in the future even more, ok they have no (I guess) Griffith 200-400 status as being raced with (history), but still.

For on-topic 3000M prices, most seem to be around 20k most of them around 24k (the better ones)

[TrotCanterGallopCharge]

GTRene said:

sixor8 said:

This V8s sold at Brightwells auction last week at the 2nd try. Went for £10,752 inc. fees it seems.

https://www.brightwells.com/timed-sale/5242/lot/58...

The reserve had been dropped by £2k to £12k and the top bid was actually slightly less (£9600 + fees) than in the June classic auction when £9950 was refused...

https://www.brightwells.com/timed-sale/5241/lot/57...

The same auction that the 3000M above didn't sell at.

I always wondering why those V8S are still so cheap! they are rare, i owned on a LHD those are even more rare, about 58 or so were made, but the LHD are not that cheap, but still those RHD also rare but way to cheap I think, but hey, its the market who decides.

I think good aV8S should have been at least 25-35k and in the future even more, ok they have no (I guess) Griffith 200-400 status as being raced with (history), but still.

For on-topic 3000M prices, most seem to be around 20k most of them around 24k (the better ones)

The V8S though was viewed as 'worse' than the more developed Griff/Chimera that followed (which itself has a wide price variation). S prices have increased, but then they meet the price wall of later cars values. Whilst some of the later 'T' cars have increased a lot in value, the middle ground Griffs & Chims haven't, so they're holding the earlier models back.

[Moto]

It seems to me that M's haven't been shifting easily for a while. Many just keep getting re-advertised again and again. Advertised prices maybe too high or maybe owners are happy to keep them unless a 'too good to refuse' offer comes in.

Toughening market conditions won't help this, so prices may get dropped by anyone who really needs to sell.

Excellent examples, rarity and desirability will keep some prices high but too often these prices are used by others as a way to value their not so excellent, rare or desirable model.

Moto

[GTRene]

Moto said:

It seems to me that M's haven't been shifting easily for a while. Many just keep getting re-advertised again and again. Advertised prices maybe too high or maybe owners are happy to keep them unless a 'too good to refuse' offer comes in.

Toughening market conditions won't help this, so prices may get dropped by anyone who really needs to sell.

Excellent examples, rarity and desirability will keep some prices high but too often these prices are used by others as a way to value their not so excellent, rare or desirable model.

Moto

yep, strange story, some say are 12-14k not restored, or long time ago, then say 22-24k restored ones in such case I would wait for a restored one which comes close to my taste, because for 10k you mostly can not get much, or do most yourself.?

look at say a Vixen S4 on the same chassis, those are mostly in the 30-40k range, ok also rare, but I think also nicer model, a bit shorter, the 3000M or 2500M or 1600M cars are a bit long stretched by looks, a bit mk1 mazda rx7 and sorts or more sleek racy look instead of classic? anyway, thats what I feel a bit.

Maybe a 5000M or such tribute could get me over though :-) otherwise I would choose a Vixen/Tuscan over a M version, maybe other people have also such 'feel' fact is, prices are 'low' for such rare TVR.

In the Netherlands they have a nice late 2003 Chimaera 450 LHD for sale, although from a TVR Chimaera they made the most model of TVR's , I guess a late FL 2003 in LHD there are not so many? anyhow, thinking out loud, of to the for sale ads ;-)

[Zeb74]

I know that talking about practicability for old cars is a bit too rational however, TVR models before the 3000M have short doors and small cabins. So, they look nicer but try one of them before buying, I guess that if you are Dutch, the probability that you are tall is high and it could ruin the pleasure if this is always a pain to get in or get out (no there is no naughty allusion :-)).

[Moto]

Zeb74 said:

I know that talking about practicability for old cars is a bit too rational however, TVR models before the 3000M have short doors and small cabins. So, they look nicer but try one of them before buying, I guess that if you are Dutch, the probability that you are tall is high and it could ruin the pleasure if this is always a pain to get in or get out (no there is no naughty allusion :-)).

The short door models were the Vixen S1 and earlier. Between these were the S2, S3 & S4 Vixens and the Tuscans all with the LWB chassis and as such 4" longer doors. With these models you get the "practicality' plus the looks. Although personally I think "practicality" is a touch exaggerated.

Moto

[Zeb74]

Thanks to correct my mistake, I was genuinely thinking that the doors were smaller. I guess that visually the global proportions are doing this.