Massive
78% uplift for an RV8
in 12 months
Our Pricewatch volunteer Keith Belcher has spotted a current advert
and notes it's sale only 12 months ago at a far lower price. Do auctions
really get the best prices for classic cars? An alternative is a commission
sale with a reputable MG specialist trader where a car is prepared,
advertised and offered in a showroom - and the trader has an incentive
to get you a good price! More
See our MGV8 Price Guide. More
Market review & price guide
update
Check
a car with a VES search
on the GOV.UK website. More
Check
a car's MOT history on the GOV.UK website.
More
Posted: 200901
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RV8 for
sale
£25,000
September 2020
Offered
through an online advert
Advert says "Reimported RV8 in Woodcote Green, December
1994, 19,500 miles, Woodcote Green with cream leather. Lovely
example. £25,000" 200901
Comment: frugal description, a DVLA check shows the MOT
expired on 19th March 2020, "mileage" at the MOT test
on 20th March 2019 was 31,416 km (19,635 miles) so one wonders
what the current mileage really is.
Pricewatch guide prices
at May to October 2019:
Condition 1: £20,445
Condition 2: £15,677
A massive uplift in 12 months of £10,990
or 78%
Both the auction listing and current advert were spotted
by Keith Belcher. |

RV8 for sale
£14,010
August 2019
Sold through an online auction
Auction listing said "Reimported RV8 in Woodcote Green
1269 with 20,000 miles with "Dark Stone" trim".
Later marked as "sold for £14,010". 200901
Comment: the supporting description of this car has endless
paragraphs of seemingly authoritative flab. The interior of
an original RV8 is usually described as "Stone Beige"
so presumably it has been given some treatment to warrant a
description of "Dark Stone"!
The concluding paragraphs on the auction website were: "This
is technically a three-owner car, but the current owner and
the one before him both put very few miles on it. Its
in fine condition and ready to give its next owner a taste of
relaxed (as opposed to TVR-frantic) rear-wheel drive V8 open
top motoring. It needs nothing at the moment, bar that tiny
bit of repainting on the sills. If youre into detailing
more than you are the oily rag youll love this car.
The
lower estimate is £14,000, and the reserve is even lower
that that. It would be a steal at either price, given
that low-mileage cars like this one can be advertised in the
trade for as much as £28,000." Clearly the outcome
was a "steal"!
Pricewatch guide prices at May to October 2019:
Condition 1: £19,725
Condition 2: £15,982 |
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