Are Tuscan prices inflated?

[Ro55H]

Hi all,

I am in the market for a TVR Tuscan and have been monitoring the classified adverts for a few months now. I have noticed that a number of cars around the £30k don't seem to be selling. Some of the adverts state that the car is an investment, but i'm not sure this is true as it seems people aren't prepared to pay the current prices. I wouldn't buy a car as an investment, but i don't want pay over the odds for something that i would struggle to sell in the future without making a significant loss. I just wondered what everyone's thoughts are?

Cheers,
Ross

Edited by Ro55H on Friday 27th April 20:42

[glow worm]

If you compare Tuscan prices to a £90K Sagaris and a £60k Griffith , then they are way under valued .

[Englishman]

Seems to me that the ones that are in top condition and are really worth £30K+ sell within a few days. The others hang around until more realistically priced.

[m4tti]

You come on a tvr forum to ask tvr owners if their cars are worth the money

I sold mine last year. Fully restored, got 30k.

[sybaseian]

Should be around £60K mark soon

[sybaseian]

Ro55H said:

Hi all,

I am in the market for a TVR Tuscan and have been monitoring the classified adverts for a few months now. I have noticed that a number of cars around the £30k don't seem to be selling. Some of the adverts state that the car is an investment, but i'm not sure this is true as it seems people aren't prepared the current prices. I wouldn't buy a car as an investment, but i don't want pay over the odds for something that i would struggle to sell in the future without making a significant loss. I just wondered what everyone's thoughts are?

Cheers,
Ross

Winter is a hard time to sell sports cars - prices will start to increase once the weather improves.

[Speed 3]

If you are desiring a Mk 1 Tuscan the issue is the prices can be all over the place and cars do/don't sell is because the build numbers are "relatively" large and the specifications (moneypit factor) are so variable. The niche T-car models (Tuscan Mk2/3, Sagaris, Tamora, T350) were poor sellers in volume despite their attributes, so now with the benefit of hindsight and a changed market they are obvious investment models.

Mk1 Tuscans are somewhat like Chimaeras (higher volume) and Griffs (lower volume) where the classic TVR buying golden rules for purchase price value are condition, condition and more importantly, condition. Do your research and then buy one

Edited by Speed 3 on Friday 27th April 21:52

Edited by Speed 3 on Friday 27th April 21:55

[m4tti]

Ro55H said:

Hi all,

I am in the market for a TVR Tuscan and have been monitoring the classified adverts for a few months now. I have noticed that a number of cars around the £30k don't seem to be selling. Some of the adverts state that the car is an investment, but i'm not sure this is true as it seems people aren't prepared to pay the current prices. I wouldn't buy a car as an investment, but i don't want pay over the odds for something that i would struggle to sell in the future without making a significant loss. I just wondered what everyone's thoughts are?

Cheers,
Ross

Edited by Ro55H on Friday 27th April 20:42

How many cars have you physically been to look at?

[Ro55H]

I’ve been to look at 2 cars so far.

[swisstoni]

I think you need to see more cars - the variation of condition can be startling depending on what kind of life they’ve had.

[Daggsy]

Ro55H said:

Hi all,

I am in the market for a TVR Tuscan and have been monitoring the classified adverts for a few months now. I have noticed that a number of cars around the £30k don't seem to be selling. Some of the adverts state that the car is an investment, but i'm not sure this is true as it seems people aren't prepared to pay the current prices. I wouldn't buy a car as an investment, but i don't want pay over the odds for something that i would struggle to sell in the future without making a significant loss. I just wondered what everyone's thoughts are?

Cheers,
Ross

Edited by Ro55H on Friday 27th April 20:42

Have you considered going to your local TVR meet. Ask owners and possibly they could point you in the direction of cars for sale, also ask local independent TVR specialists.
As mentioned I think you get what you pay for, engine rebuild, service history etc.

[m4tti]

The cars in the lower 20’s typically need a bit of tidying, the cars at 30k ish should be restored or not needing a lot doing.

How much were the two you looked at what was wrong with them? How much are you looking to spend.

[Englishman]

Advertised price isn’t always an indicator of condition though. I know when I was looking, some of the higher priced ones were in worse condition that lower priced ones.

Buy on condition of chassis, engine, bodywork and interior – and don’t accept significant knocks, rattles, squeaks etc. from the engine, suspension or body panels or rain leaking into the cabin or boot as ‘they all do that sir’ - a fully sorted one doesn’t.

[PGNSagaris]

glow worm said:

If you compare Tuscan prices to a £90K Sagaris and a £60k Griffith , then they are way under valued .

I’d agree with this. The Tuscan is magic. Of all the tiv’s I’ve owned, a MK1 Tuscan is where I’d return to first.

At £30k they are a steal and will only start climbing

[Hunter T]

I think the 30k cars tend to be limited number models such as factory S models or factory Red Rose. If you look at actual Tuscan numbers they are much rarer than Lambos, Porsche, Massers and Fezzers. These cars performance wise are the cars on which Tuscans are judged... now can you say that a Tuscan is over priced? Even when compared with other niche cars such as morgans and nobels... the tuscan stands out as a bit if a bargain.

[Big GT]

I think the Tuscan is tremendously under valued especially the Mk1 as the lines are unspoiled. What car has the engine characteristics, the looks, engagement, speed and thrill of the Tuscan let alone for under £40K.

There are other undervalued cars out there like the porsche boxter, Aston V8V, Ferrari 458 etc mainly due to choice and values of these cars generally go on age, mileage and spec.
Tuscan's are different as mostly prices are based on condition and mechanical history rather than age or spec. This means vendors need to view them and do the research hence prices will have great elasticity.

I purchase one 2 years ago. After looking a 11 cars and driving 4 of these between £25K - £30K I will say condition varied tremendously with interior and bodywork quality, paint, panel gaps, squeaks, rattles etc. Can't tell with advert pictures!! You need to see many examples.

I paid for the best one I could afford, 2003 Mk1 with 30K miles at £28K. Today it would probably be advertises at £32-£33K based on what out there at the moment.

Prices are increasing and with Sagaris and other T cars hitting £60-80K they can only go in one direction.
The difference with the Tuscan at present is there are 42 examples for sales on PH. That 3 times more than 2 years ago!! Where have they come from?

An educated guess would say the ones under £25K need some work. Above that its all on condition and era.

Have fun looking, find the best one you can afford and enjoy!