Discussion
Strange economics at work here. 
It’s a buyers market out there by all accounts but the bottom of the market is surely close when Cerbera prices compare are priced alongside the ‘turn the key and go...slowly and quietly’ sportscar offerings.
It seems that many characteristics of TVR owners and cars themselves contrive to generate the need for the quick sales that help keep prices in the market low:
a) Owners are regularly overcome by temporary madness and smitten by faster, newer or sexier models (often from Blackpool, sometimes from the shores of our continental brethren). Net effect is that the old girl has to go sharpish to make room on the driveway – they simply won’t be able to sleep/breathe/eat etc until the newbie arrives
b) TVR ownership is particularly sensitive to changes in personal circumstances so you see distressed sales when the kids just don’t fit in the back anymore, unemployment, or the new flat doesn’t have a big enough garage etc etc.
c) The relatively high running expense versus initial purchase price is factored into the price by buyers, and buying a duff one will be costly so it all goes into the upfront price melting pot.
So you have these polar opposites of those who need to have something else (today), or have to get shot (yesterday) = sellers need quick sales on a product that appeals to a limited pool of niche buyers.
But the introduction of the Tamora, new ‘contentious-but-popular-with non-tvr-owner-safety-options’, and growth of more affordable independent servicing et al will attract more mainstream demand to the marque which will be good for residuals on all models. Marketing spin would also be good, but who can guess whether Herr Clarkson will endorse them this week (and frankly who cares) ?
I thought it was a great time to buy when I paid 20k’ish less than new on what any non-tvr-boff onlooker, passenger or driver would believe is a mint, brand new piece of performance exotica - maybe others are starting to think so !
And
It’s a buyers market out there by all accounts but the bottom of the market is surely close when Cerbera prices compare are priced alongside the ‘turn the key and go...slowly and quietly’ sportscar offerings.
It seems that many characteristics of TVR owners and cars themselves contrive to generate the need for the quick sales that help keep prices in the market low:
a) Owners are regularly overcome by temporary madness and smitten by faster, newer or sexier models (often from Blackpool, sometimes from the shores of our continental brethren). Net effect is that the old girl has to go sharpish to make room on the driveway – they simply won’t be able to sleep/breathe/eat etc until the newbie arrives
b) TVR ownership is particularly sensitive to changes in personal circumstances so you see distressed sales when the kids just don’t fit in the back anymore, unemployment, or the new flat doesn’t have a big enough garage etc etc.
c) The relatively high running expense versus initial purchase price is factored into the price by buyers, and buying a duff one will be costly so it all goes into the upfront price melting pot.
So you have these polar opposites of those who need to have something else (today), or have to get shot (yesterday) = sellers need quick sales on a product that appeals to a limited pool of niche buyers.
But the introduction of the Tamora, new ‘contentious-but-popular-with non-tvr-owner-safety-options’, and growth of more affordable independent servicing et al will attract more mainstream demand to the marque which will be good for residuals on all models. Marketing spin would also be good, but who can guess whether Herr Clarkson will endorse them this week (and frankly who cares) ?
I thought it was a great time to buy when I paid 20k’ish less than new on what any non-tvr-boff onlooker, passenger or driver would believe is a mint, brand new piece of performance exotica - maybe others are starting to think so !
And
Another theory....
As the price of the Cerbera's have dropped so much they obviously become more affordable to a wider bunch of people.
The new buyers of the car may stretch themselves on the purchase price, not realising quite how much they cost to run (i.e. £1000's per year) which causes them financial problems.
Result: They cut their losses and sell up (at an even lower price than they purchased for) which compounds the problem.
In other words a vicious circle!
NB.. I'm probably talking b*llocks.
As the price of the Cerbera's have dropped so much they obviously become more affordable to a wider bunch of people.
The new buyers of the car may stretch themselves on the purchase price, not realising quite how much they cost to run (i.e. £1000's per year) which causes them financial problems.
Result: They cut their losses and sell up (at an even lower price than they purchased for) which compounds the problem.
In other words a vicious circle!
NB.. I'm probably talking b*llocks.
"The new buyers of the car may stretch themselves on the purchase price, not realising quite how much they cost to run (i.e. £1000's per year) which causes them financial problems.
Result: They cut their losses and sell up (at an even lower price than they purchased for) which compounds the problem."
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Thats just what I needed to hear on my third day of ownership...
Result: They cut their losses and sell up (at an even lower price than they purchased for) which compounds the problem."
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Thats just what I needed to hear on my third day of ownership...
It's a tricky one.
I wasn't in a position to have all the funds + a bit extra for you know what (just the former).
By the time you've saved that bit extra, you can bet that things have moved on in your life that stop you doing what you originally wanted to do i.e. the missus.
It's all a gamble. I bought myself an old V6 Vectra, for my daily 60 mile commute, only to find myself with near 4 figure bill after 2 months following an oil pump failure.
Now, where are those sleeping tablets..?
I wasn't in a position to have all the funds + a bit extra for you know what (just the former).
By the time you've saved that bit extra, you can bet that things have moved on in your life that stop you doing what you originally wanted to do i.e. the missus.
It's all a gamble. I bought myself an old V6 Vectra, for my daily 60 mile commute, only to find myself with near 4 figure bill after 2 months following an oil pump failure.
Now, where are those sleeping tablets..?
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