New car effect

[Derek Clews]

HI All,

Interesting to hear about the new kits that may be coming to market. I did wonder what the effect of that may be on our existing ones? Change the resale value? Raise awareness at least?

I have built two (and a half) Kits. But I wondered who would buy and build them? I personally used my 2+2 that I built as a regular car and commuted in it since 2001. And then the coupe also when finished off. We have now retired and we do not need 2 (or 3) regular cars anymore. I plan to keep mine on the road and use them at this point.

I also have a very impractical Blackjack Avion for fine days. I note that the trend in Kits is for the more outrageous and impractical kits to keep their value and more practical ones to behave like production cars and devalue. I have certainly been offered as much as it cost to build for my Avion and I think with a bit of effort I could get a some more.

It has been a sore topic of discussion just how little Q’s seem to be worth secondhand. Certainly a lot less than their non-rusting practicality. I did for a while consider selling all three of my kits and building one other as a replacement. In the end I decided that cars are not the place to put any money in retirement and I would spend on other things and keep what I had serviceable with slow-time rebuilds, using SORN to keep costs down.

What do you think?

ATB

Derek

[Darren Siepka]

Yes I agree , I intend to keep my Q's especially in view of the low cost insurance and the tax exemption ( one is the other two in 2025)

There is one other factor that is priceless,

Parked up near some very classy expensive OEM cars and getting asked "wow what is that ? Looks smart! "

Darren

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[Derek Clews]

I have been followed home in both the Q Coupe and the Avion so the other driver could ask about them.  

Sorry not a Quantum story really.  But I went to the pub in the Avion and parked right at the back out of the way.  When I came out there was a Ferrari parked next to it and a father and son looking at the Avion, ignoring the Ferrari.  They preceded to ask me all about it and showed no interest in the F.  (I was still interested in it, though) But I suppose you don’t often see some nit with a car that has no roof, door or windscreen these days!  

But the funniest one was an offer to buy the Avion.  The first unsolicited offer was while I was waiting to SVA it…………

Interestingly, I would also have said cheap insurance.  Until this week.  The only production car we have is a Jag XF.  It has now reached 10 years old and Adrian Flux came up with a 37% decrease in premium over last year to £245!  That is cheaper than the Q Coupe last year.  See what that comes to next time, but it has been going up each year.

Derek

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[susanandmartin]

I don’t intend to part with Quantum (Last Chance Saloon), but find it a little irritating that the old Rickman Ranger gets more interest than the Quantum – Indeed looking at values the Rickman could possibly raise more cash if they were both offered for sale. I prefer to enjoy the cars for what they are, and don’t place much importance on the value (aside from the danger of it being written of by insurance issue if anything happened). I’ve lost interest in any Classic Car mags of late because they all seem to have headlines of “which cars are the best investment to go for this year?” or similar.

New product from Quantum will be great to see, and there are also other new cars and body kits due to emerge from other manufacturers in 2020 – With the return of Newark Show as well, this could see an upsurge in Kit Car interest?

Martin

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