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Thread: Chairman's Rant - October 2019

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    Re: Chairman's Rant - October 2019

    Oops, forgot to endorse Jim's "sales values" comment - I'm thinking they're a bit on the low side still. But that's why I'm proposing something that might pull it all together so we're all singing off the same sheet...or the same song...or whatever the analogy is!

    Phil's kicked the thing off with what he got for his car. Jim, do you know how much your helicoptering mate got for his, and would he mind you sharing that?

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    Re: Chairman's Rant - October 2019

    Quote Originally Posted by Normb666 View Post
    Phil's kicked the thing off with what he got for his car. Jim, do you know how much your helicoptering mate got for his, and would he mind you sharing that?
    I'm pretty sure I pitched Phil's at a not too high or low price of £45k when we first discussed it in passing. It was just my opinion, 'nothing more.
    It seemed to take long enough to sell at that. 'Nellie' might have gone for a little more, but how long does a seller want to wait, and how soon does the seller want to move on?

    Norm, I think you might be missing the point with MGBs, E-Types etc.?
    You're buying a 'look'. Of course the technology of old 1960s British sports cars is awful.
    Being used to the high build quality of modern cars doesn't help.

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    SEC Member Bernard's Avatar
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    Re: Chairman's Rant - October 2019

    Dear Chairman Norm
    Re the setting up the a network of like minded people who could give an unbiased revue of a vehicle for people who have no clue what they are looking at is a good idea, However…
    There are people out there who are absolutely clueless about Strato’s replica’s or even the history surrounding the original, but are prepared to spend vast amounts of money because “it looks a fantastic car and I want one”
    If people choose to buy a car “blind” then that is their prerogative.
    The chap who bought Nellie didn’t have a Scooby Doo regarding the type of kit, engine spec, brakes suspension etc… She was just an eye full of car to him. He did bring his father in law over with him who was a ex rally man and knew mechanically what to look for. But their familiarity of the Strato’s and it’s replica’s ended there. They were both really nice guy’s but I have a feeling that I could have got away with stretching the truth if I had the mind to !!
    I also feel that there will be several cars “lost” to the club, Nellie being one of them, I have given Sylvain (the new owner) all the contact details I can and also extolled the virtues and benefits of our club, however as yet he has not joined. Maybe in the future ?
    There does appear to have been several cars sold in recent years and disappeared from our club, but there’s the rub… not all people want to be a member of a club… any club.
    Which leads on to our club, it has evolved into a “different” club to what it used to be when this dinosaur was one of it’s first members, my number was 6 (I think), back then when the industry was starting to turn out proper great looking replicas rather than “sheds on wheels”. The various manufacturers were selling Kits, whereas now more and more completed Cars are being sold. I went to my first club meeting just outside Doncaster and remember talking extensively to Geoff Turton who had finished his car immaculately, he had made all sorts of parts himself which was not included in the kit, his attention to detail was superb, again something which was not in the build manual but was achieved by extensive research, a proper engineer. There was more talk about a bracket for this, how does this go together, where did you find that, who sells this, etc because it was all fairly new to us all and we were all prepared to make things from scratch.
    There were also more people competing in rallies, sprints and hillclimbs than there appears to be now. For a few years at Abingdon we had our own Strato’s category with up to 9 or 10 cars entered in the sprint and one year in total 21 cars attended, what a sight that was.
    We have evolved into a different club with a different personality with a different type of member, so nowadays what do the members want?... personally time permitting I like to build, mend, make improvements to my cars, go on tours either weeks or weekends (now that I don’t compete anymore), I don’t go to as many shows to display my car as I used to as to me I have “been there and done that”, So for me personally things have changed over the years.
    Whatever each individual want’s from the club I don’t know but the website is a very important focal point for us all.
    Phil the Dinosaur

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    Re: Chairman's Rant - October 2019

    Ta Chris, this is why I'm wondering if we can get some sort of consensus. All prices are just an opinion...a guess But Phil got his £45K asking price so you have to wonder, how much would the buyer have gone up to? And of course, if you want a quick sale, you pitch it low...

    I know what you're saying about the old tackle, but there's gotta be more to it than looks (or I'd never get any wimmin!). Unless they're just going to sit in a garage, you have to drive the things, and yeah, they're somewhat lacking in sophistication c/f new cars, but you accept that. I just think the "classics" have got overpriced, is all. Reason I mentioned MGs and Healeys is because they're supposed to be the "cheap" and "affordable" ones....

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    Re: Chairman's Rant - October 2019

    Quote Originally Posted by Normb666 View Post
    I just think the "classics" have got overpriced, is all.
    You're right, but I think it's getting back to the, err, 'norm'.
    I saw a nice Fiat Dino Coupe recently auctioned in the teens, when the dealers are still trying to get £40k.
    It's mint 80s hot hatches that are going silly now.

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    Re: Chairman's Rant - October 2019

    Dear Dinosaur Phil,

    Will we be seeing you in the next Jurassic World movie? Hope so...although you might now say "not on (in?) my Nellie"

    All points taken and agreed. I have to ask the questions and rock the boat cos as Chairman, that's my job - to keep the boat afloat and heading in the direction the rest of the passengers want! If the world's changed and it's mainly about the Forum, that's great, cos it makes life much easier for the Committee having to do nowt/very little But a club is, by definition, a social organisation, and that means, for me, meeting and communicating, and not only on social media. And the cars are for driving! You can't beat the real-life experience, as you know, cos you hold your annual Garage Days and I can't remember seeing any sour faces at those...
    I get that some don't want anything to do with clubs. I'm actually one of them...I initially joined as a fact-finding exercise and then realised that here, we don't have the usual "core Mafia" that you find in bigger outfits, who run the club for their own ends, and I was mightily gratified. I'm determined to keep it that way, friendly and open to all. That's why I need to gather opinions!

    As for buyers of our cars, well, how they do business is their concern. I just don't want any negative fallout from a bad experience to impact on the club, so I'm floating the inspection/valuation idea - even if no-one ever uses it, we could point to it and say it was available.

    Slightly off-topic, I remember Geoff Turton building his car back in the day, as I was doing my Allora. It made for quite a depressing feeling when I'd pop round to see how he was getting on, making all those bits, altering the chassis, etc. etc. cos there's no way I could do any of that (and I couldn't afford his replica inside door handles either). But then, he makes a living as a fabricator! It did contribute to my feeling of inadequacy regarding my car and why I was never truly happy with it, although looking back there was really no need to feel that way as I'd built it to the best of my abilities. And nothing ever fell off it and it never let me down!

    Anyway, come on, everyone - all opinions welcome...remember, if you want something to happen, and you don't tell anyone, it probably won't

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    Re: Chairman's Rant - October 2019

    Chairman Norm
    Stirred a little I see and some good and varied opinions.
    On the point of valuation / Inspection service I think the principle is sound but application may be difficult. If we are selling then clearly highest price v time to achieve factor. If a buyer is naive enough to want one without researching then fair game and Caveat Emptor (same rules as any purchase) True benchmarking I guess can only come with sales figures but given low volume this may be unreliable, the current spike in sales may not be sustained. The variables to factor in are wide ranging and subjective in most areas Age and quality of initial kit components, Build quality, New v Reconditioned parts, current mechanical condition, Stradale, Gp4, Hybrid Bastard (mine) Replica or homage. Finally and most importantly emotionally rose tinted glasses. If it ticks the boxes I’m having it ��
    A possible solution could be a buyers guide (One Pager) Overview of original Stratos, Simple narrative on SR manufacturers, The killer questions of why you want one and what do you intend to do with it. key points to look for and a median guide price based on a range of roadworthy kits (ie Manufacture, GP4, Stradale etc) then broadly define a variance of xx% either above or below this figure?

    Meetings and usage. I have no idea how many SRs are out there built and roadworthy is this a factor? A number of new build should be on the road for next summer so hopefully swell numbers. I personally intend to use mine as much as practical once completed. I like the idea of road tours like the recent Lakes trip. A (group) trip into Europe is definitely on the cards and a smattering of track days, Garage days and of course attendance at club events.

    See you Saturday Mr Chairman Sir

    All the best
    Neil

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    Re: Chairman's Rant - October 2019

    If we were to produce a Buyers Guide, would we sell it/only available to club members? It would need a prospective buyer to find us, while it seems vendors/purchasers usually don't involve us.

    Insurers must surely be the ones who have a professional interest in correct valuation? I don't know how their knowledge / opinions could be accessed, but it might have more credibility than that of a man-with-a-spanner-in-a-shed-in-Nuneaton (as we were once infamously described)!

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    Re: Chairman's Rant - October 2019

    I agree. Which I guess brings us back to two points. Is there an issue that needs solving or is the point now mute having been explored? and club purpose. I am happy with the shared knowledge and experience coupled with the social side currently provided. I have visited and been visited by a number of current and future owners which has been a rewarding experience, allowing me to expand my knowledge and share ideas & learning with others, personally this is what a forum / club is all about. Plus a laugh and a beer! If, however, Norms point is club reputation and profile is there potential to hook up with a magazine to produce a generic guide kinda like the Practical Classics (buyers guides). No idea if they pay for such things. Just a thought.
    All the best
    Neil

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    Re: Chairman's Rant - October 2019

    Is there an issue to be solved...well I guess so, or maybe it's answers learned, as there've been "where is everyone"/"it's not like it used to be" in relation to car shows, etc. for a while. Maybe we won't/can't get more than we've got, cos the Hardcore Showgoers are all we have? In some ways the point will will always be moot as you can't change what peeps wanna do...! Early days for this topic yet though, so let's see what others come up with (oh look, tumbleweed )

    The Buyers Guide idea's a good 'un, but as Chris says, the other challenge is getting it out there. I don't think anyone already in the club tends to look for a ready-built car so keeping it among ourselves is pointless. So maybe the whole inspection thing is a non-starter? Doesn't mean we shouldn't have a think about it tho.

    I'm expecting to be pinned against Gordon's garage wall on Saturday now by various unsavoury characters buttonholing me and asking hard questions... you know the ones - "what's the difference between a duck", stuff like that

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