HPMUIRT Posted February 20, 2014 Report Share Posted February 20, 2014 (edited) I have been looking for a TR5 or TR250 to restore for a while now with no luck. I recently spotted a car at anglia car auction in king's lynn with no reserve. I called them and they told me it is a genuine TR5... does anybody know anything about this car they have given me the chassis number of CP2459O and engine number CP2576E so that looks about right for a TR5 but I dont know the registration number yet. I'm not that familiar with auctions and no reserves specifically but what is the car worth realistically... I was thinking maybe £6-£7k is that realistic Any help much appreciatted I will try and post the link http://www.angliacarauctions.co.uk/classic-auctions/saturday-5th-april-2014.aspx the auction is the 5th april Edited July 31, 2019 by HPMUIRT Editing reason Quote Link to post Share on other sites
had17462 Posted February 20, 2014 Report Share Posted February 20, 2014 Jim it will make 10 k plus I reckon Nick Quote Link to post Share on other sites
HPMUIRT Posted February 20, 2014 Author Report Share Posted February 20, 2014 if anyone is thinking of selling a tr5 or tr250 please send me a message as i;m getting desperate now Quote Link to post Share on other sites
Andrew Smith Posted February 20, 2014 Report Share Posted February 20, 2014 Hi Jim, The way TR5 prices are moving, I would be very surprised it that TR5 went for under £10k and would expect it to fetch in the region of £15k, maybe more............ Cheers Andrew Quote Link to post Share on other sites
HPMUIRT Posted February 20, 2014 Author Report Share Posted February 20, 2014 thanks nick, i would probably go to £10k but I havnt seen it yet as it hasnt arrived Quote Link to post Share on other sites
HPMUIRT Posted February 20, 2014 Author Report Share Posted February 20, 2014 I wouldnt be interested at £15k surely it wont make that much will it.. Quote Link to post Share on other sites
Andrew Smith Posted February 20, 2014 Report Share Posted February 20, 2014 (edited) I wouldnt be interested at £15k surely it wont make that much will it.. Jim, Yes, it's very possible and probably very likely as TR5s and other TRs (even those requiring total restoration) are fetching very strong money at the moment. It will be interesting to see what it does fetch - of course it doesn't mean it's worth it, but just what someone's prepared to pay. Good luck in your search. Cheers Andrew Edited February 20, 2014 by Andrew Smith Quote Link to post Share on other sites
ianhoward Posted February 20, 2014 Report Share Posted February 20, 2014 (edited) First 5 I've seen with the overriders in that position... Cheers Ian Edited February 20, 2014 by ianhoward Quote Link to post Share on other sites
Tomtr250 Posted February 20, 2014 Report Share Posted February 20, 2014 Agreed Ian it's got the wrong grill on as well! Tom Quote Link to post Share on other sites
snowric Posted February 21, 2014 Report Share Posted February 21, 2014 Jim, I trawled the market Dec-Jan. TR Bitz has had a flurry of 5s, they sold 3 in the last month. I saw a red older restoration, a blue 1000 miles since a TR Bitz restoration both v nice. None of them were even advertised. I left my number with several people (the obvious ones) and asked them to call me if one came along. TR Bitz cars - both big money. Both sold (I bought the blue one). The guy in Kent had already sold his red 5 (it is still on classiccars web-site) and is looking for another as he has had several enquiries. I didn't come across any restoration projects - which would have been utterly beyond my skills anyway. In any event I couldn't make the maths work on one if I sent it to someone else to do. If anyone calls me to ask if I am still looking I will drop you a PM. As for the one at auction you refer too - it looks like the classic auction spruce up for auction photo job has been done - shove in a grille, add on some bumpers - anything shiny, screw on some shiny wing mirrors etc.... When I sold my Alfa at auction it got sold before the day, someone came in and offered me the right cash number. Maybe you should call them and see if you can do a private deal ? Snowy Quote Link to post Share on other sites
openroad Posted February 21, 2014 Report Share Posted February 21, 2014 Hi Jim, snowy and the boys are obviously giving you the right advice, the TR5 market is very boyant. I have left you a pm re this actual car,as i have looked round it previously,and may be able to give you a heads up.. Cheers, Conrad. Quote Link to post Share on other sites
Guest ntc Posted February 21, 2014 Report Share Posted February 21, 2014 Out of order Conrad,are you qualified to make an opinion ? it is an auction the buyer decides. Quote Link to post Share on other sites
HPMUIRT Posted February 21, 2014 Author Report Share Posted February 21, 2014 its no problem ntc Conrad was just trying to help me with the car decision to travel to see the car as its a little way away from me, I dont mind a full resto jobby as long as its a genuine TR5, which I think it is, but I think its got the wrong grille (TR4A) and its been off road an awful long time... The chassis and engine numbers seem to match a genuine 5 Quote Link to post Share on other sites
KiwiTR5 Posted February 21, 2014 Report Share Posted February 21, 2014 (edited) Interesting to do the sums about a TR5 restoration. In the USA last August at Pebble Beach Gooding & Co sold a LHD TR5 at auction for $US115,000.00. That is somewhere between £69,000.00 and £70,000.00 at current exchange rates!! Follow this link http://www.goodingco.com/results/realized/?cat=17 for more info. A copy of the auction report page is attached just in case the link does not work for you. Obviously it was a very good example but is an indication of what some people will pay for cars of this ilk. Maybe this tells us that it is worth putting every effort into something like a TR5 restoration to deliver the best possible result and not be tempted by the odd shortcuts that can distract from the best outcome?? Now, your challenge is to build a better one. Robert Edited February 21, 2014 by KiwiTR5 Quote Link to post Share on other sites
Tom Fremont Posted February 21, 2014 Report Share Posted February 21, 2014 If the badge doesn't govern , the finished car will come in far cheaper in a TR250 ( even to identical spec ). For left hookers especially, a TR5 is for serious collectors now, versus drivers who will do just fine with the TR250 brought up to RoW spec. Quote Link to post Share on other sites
RobL Posted February 21, 2014 Report Share Posted February 21, 2014 Hi all. A TR5 sold on eBay at the end of last year with a brand new MOT for £18k. It had GRP wings and bonnet but came with a spare engine and other spares worth a considerable sum. It was running on PI and was very presentable. So this one ? Rob Quote Link to post Share on other sites
had17462 Posted February 22, 2014 Report Share Posted February 22, 2014 Rob it will still need restoring in the near future,so you might as well buy the cheapest one you can and do a full restoration on it or pay 30k plus for one that's been done , Nick Quote Link to post Share on other sites
RobL Posted February 22, 2014 Report Share Posted February 22, 2014 Hi Nick The £30k one may well be a better deal, too. Take a 5 to any well known restorer these days and I gather they start at £50k to restore a 5... Rob Quote Link to post Share on other sites
HPMUIRT Posted February 22, 2014 Author Report Share Posted February 22, 2014 It seems to me that you can buy a TR5 for £20k and still need to do the same amount of work on a basket case as you can often be unpicking somebody else's bad workmanship. I have restored an E Type and several Healeys so don't mind the work Quote Link to post Share on other sites
openroad Posted February 22, 2014 Report Share Posted February 22, 2014 Hi Neil , so who is qualified then ? I am just a bloke as you know who is happy to help a fellow enthusiast, as you are. I wasnt going give give a blow by blow description of how to restore a car, as you could and i couldnt. All the best, the rugby is on soon, Conrad. Quote Link to post Share on other sites
Guest ntc Posted February 22, 2014 Report Share Posted February 22, 2014 Cracking first match,bring it on Quote Link to post Share on other sites
Dave Ashworth Posted February 23, 2014 Report Share Posted February 23, 2014 Hi RobL and Nick and everyone else, Does anyone know who bought that £18k TR5? All the best. Dave. Quote Link to post Share on other sites
openroad Posted February 23, 2014 Report Share Posted February 23, 2014 Hello mate. if you mean the one with grp wings etc,from bristol area. yes i do . Have met him and seen the car. it looked and sounded good. Cheers, Conrad. Quote Link to post Share on other sites
TR Tim Posted February 26, 2014 Report Share Posted February 26, 2014 Hi It was me ;-) Lovin it. Tim Quote Link to post Share on other sites
snowric Posted March 4, 2014 Report Share Posted March 4, 2014 jim, i see a new advert on car and classic for a dismantled, part restored TR5 from Germany. Asking big money at £20k but maybe another totally brave route for you to follow ? the more i read the forum the more that I cannot imagine anyone managing to reassemble a car onto the chassis and end up square with nice gaps all round. Respect to all who have succeeded. No calls about complete cars received. Best Snowy Quote Link to post Share on other sites
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.