Imagination, or are Griffith 500 prices rising ?

Imagination, or are Griffith 500 prices rising ?

Author
Discussion

steelnads

Original Poster:

171 posts

280 months

Sunday 15th September 2002
quotequote all
I have recently asked a dealer what they would offer me for my Griff as a straight purchase. The figure offered was 3K more than I was offered 2 years and 3000 miles ago. Could these cars prove to be a good investment?

sb930turbo

3,321 posts

270 months

Sunday 15th September 2002
quotequote all
Yes,
I think they will be a good long term investment,hope so anyway as I have just bought one!
Steve

siwes

347 posts

266 months

Sunday 15th September 2002
quotequote all
Yes I bought a 500 Griff one year ago for that reason and have been offered 2000 pounds more this last month , trouble is I am never going to sell , this is a true love affair!!

julianhj

8,791 posts

269 months

Sunday 15th September 2002
quotequote all
I was told by a dealer (and not the one I was buying from, either!) that Griff. values were appreciating. This was in May. I have a look on the Auto Trader site every now and then, and that does seem to pan out. I'm pretty sure I'm going to hang on to mine, unless things keep going wrong with it!

Ballistic Banana

14,700 posts

274 months

Sunday 15th September 2002
quotequote all
Personally i dont give a monkeys Arse if they were about to nose dive.

I brought my Griffith and the S3 before as the cars they are and not as an investment.

Simon

jamer

1,329 posts

298 months

Sunday 15th September 2002
quotequote all
Griffith have sold far slower than the Chimeara in the last three years and this along with the end of production has created a starvation of Griffiths on the used car market. most main dealers sold only about 1 Griffith top every 8-10 Chimaera's in 1999-2002. Original factory spec models in classic colours are the best sellers by far

A definate future investment.

2 Sheds

2,529 posts

291 months

Sunday 15th September 2002
quotequote all
I think the number of Griffs available for sale has a direct impact on the values, there clearly are fewer available now compared with this time last year. And as they have stopped production this should continue to be the case. Good news for all Griffith owners then ?

sb930turbo

3,321 posts

270 months

Sunday 15th September 2002
quotequote all
quote:

Personally i dont give a monkeys Arse if they were about to nose dive.

I brought my Griffith and the S3 before as the cars they are and not as an investment.

Simon


No ,I didn't buy mine as an investment either,but because I wanted one.....good if it does prove to be a good investment though isn't it?
Steve

julianhj

8,791 posts

269 months

Sunday 15th September 2002
quotequote all
quote:

Personally i dont give a monkeys Arse if they were about to nose dive.

I brought my Griffith and the S3 before as the cars they are and not as an investment.

Simon



I can't imagine anyone could see TVR ownership as financially profitable, what with running costs, but it is nice to know depreciation is not going to be much, if anything whilst I'm out there having fun

sb930turbo

3,321 posts

270 months

Sunday 15th September 2002
quotequote all
quote:

quote:

Personally i dont give a monkeys Arse if they were about to nose dive.

I brought my Griffith and the S3 before as the cars they are and not as an investment.

Simon



I can't imagine anyone could see TVR ownership as financially profitable, what with running costs, but it is nice to know depreciation is not going to be much, if anything whilst I'm out there having fun

anonymous-user

61 months

Sunday 15th September 2002
quotequote all
Arse. Check on my profile for the "light blue touch paper" thread.

I was fleeced when I traded in my Griff.

dawgie

7 posts

274 months

Tuesday 17th September 2002
quotequote all
Well I was hoping to buy (privately) a nice (and I mean nice as in near mint, kept in a garage, used in the dry etc!) 1995 or thereabouts Griffth 500 with 30k ish miles and good history for circa £15k but there seem to be few nice M and early N cars for sale. Lots of late N's and P's from £17k to £20k.

Did TVR make fewer 500's in 1994/95 than 96/97 or is there just a lack of sellers just now ?

Prices generally seem to be a little erratic (i.e. on the for sales pages here there is a 97P and a 98S with similar miles for £21k each. Theres also an M [admittedly low miles] for £20k). I appreciate that condition, history, colour, location and keenness to sell all play a part too.

I guess I need to do some more homework here...

steelnads

Original Poster:

171 posts

280 months

Wednesday 18th September 2002
quotequote all
I think condition, not age is the important factor. I have seen 95 cars with "sold " stickers on at more money than 97 cars that remain unsold.

It is interesting to note that it is very rare to see a Griffith advertised in Exchange and Mart nowdays .
Is this because it is the wrong place to sell or are owners holding on to them?

dan

1,068 posts

291 months

Wednesday 18th September 2002
quotequote all
I could be wrong (god knows I usually am), but I recon most Griffs are now in the hands of enthusiasts, not City Herberts who just want a flash car to show off to there mates, then get bored.

So to the people that own them know the personal value of the car out weighs the financial value.

david010167

1,397 posts

270 months

Wednesday 18th September 2002
quotequote all
I love my Griff, my girlfriend and neibours all think I am mad, but to me it is a great car. That is not to say that I would not object to a Tuscan or two

David


quote:

I could be wrong (god knows I usually am), but I recon most Griffs are now in the hands of enthusiasts, not City Herberts who just want a flash car to show off to there mates, then get bored.

So to the people that own them know the personal value of the car out weighs the financial value.