Same Car Different Year: 1980 Triumph TR7 Convertible – STILL $9,500

Jun 2020 | Classifinds, Sports Car Saturday

June 27th Update:  nearly one more month has now passed and we confirmed this 1980 Triumph TR7 has the same listing with no updates still shown on Craigslist.  With a much too optimistic price for this final year Triumph we won’t be surprised yet another fresh listing soon, hopefully with a much more realistic price in line with the car’s condition.

May 30th Update:  Sometimes you just have to wonder.  In this case, when we last saw this 1980 Triumph TR7, the seller had his price dropped to $7,500 with no sale.  So, they decide to store it for the winter and six months and one pandemic later, they relist the car.  With the same pictures from last year and the price increased by $2,000 to $9,500, or $800 higher than the Hagerty Insurance #2 “Excellent” appraisal.  looks at the interior pictures and you’ll likely agree this example is at best a #3 “Good” car.  We predict we will continue to see this car sit unsold.

September 28th Update: we noticed three days ago this 1980 Triumph TR7 we featured at the beginning of September just had its asking price lowered $1,000 to $7,500.  While this is a good sign the seller is willing to negotiate, you can read the description below to learn why we believe this may still be too high.

Two towns over from the Guys With Rides office is this 1980 Triumph currently offered for sale here on Craigslist in Lambertville, New Jersey where the current caretaker has it priced at $8,500.  The Hagerty Insurance Online Valuation Tool currently lists the #2 “Excellent” value for the last year of the TR7 at $8,600, so the seller has it priced in line with what he considers the condition of his car to be in. As you’ll see below, while the exterior appears to be in excellent condition, the interior is what really holds this car back, so we would try to negotiate a price halfway between Hagerty’s “Excellent” level and the #3 “Good estimate of $4,300.

The shape of things to come.  That was Triumph’s tagline of its new TR7 as it pulled into a triangular garage in TV commercials for the wedge-shaped sports car.  Equipped with coil springs and disc brakes at all four corners, car enthusiasts considered the TR7 the first modern British sports car.  Ironically, Triumph elected to replace the TR6’s complicated independent rear suspension with a more conventional solid axle, four link setup that handled very well. From its launch in 1975 through 1978, the TR7 was only available as a coupe out due to the belief the U.S. Federal government would implement roll over standards that never materialized.   Unfortunately, the early TR7s built in Speke near Liverpool earned a bad reputation as unreliable lemons due to self-destructive tactics deployed by British labor unions before production transferred to Solihull  two years later.

While the private seller states his TR7 is “All stock”, the aftermarket radio, non-original steering wheel, extra gauges mounted in a homemade wood panel, and “new seats” covered in all-black vinyl that no longer match the tartan plaid cloth of the door cars have us disagreeing with that assessment.  It doesn’t help the interior is in dire need of a detail, the gas pedal needs a new cover, and there are Thrush Muffler decals in the vent windows and weird skull labels on the rocker panels.  These sticking points would be our primary negotiation tools to get the price lowered.

On a positive note, the seller reports the two liter inline four “runs as it should” with rebuilt carburetors. Another sticking point conflicting with the “all stock” comment is the addition of an adjustable castor kit.  He also notes the brakes and suspension have been attended to.  If the car runs and drives nicely, you can enjoy some nice fall top-down driving now and then attend to the interior over the winter months.  Good luck with the purchase!

Here’s the seller’s description:

“This truck has a new 350 motor and a 700 R4 Trans with only two thousand miles . Total original miles are 48,000.
Has southern rods heat and Air Conditioning. New power steering and power brakes. Has updated interior, dash, seat, radio, gauges,headers and dual exhaust, plus many more new parts.
Have new carpet and sound deadening that needs to be installed. Current carpet is fine though.
Automatic on the floor.
This truck runs great and looks great. Over 20 k invested.
Have to many vehicles and this one has to go.

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