One might read the other thread first--this one will stay on topic--British cars--The 4 British cars that I bought, and restored here in
the SF bay area were all local California cars, one owner and rust free--1973 MG Midget, 1967 Morris Minor, 1962 Metropolitan, and a 1958 Metropolitan. They were all driveable but needed complete restoration. Keeping a fairly accurate account on monies spent--I spent
less than $10,000 on each, and sold them for probably around $2,000 less than what I had in them. My friends have said that I "lost" money. My wife says that its a hobby, and the normal restoration taking around 2 years, that's $1,000 a year--which is pretty
cheap entertainment! My interest in selling was not to get "top dollar", but to get a fair price to have "seed money" for the next
project car. I've never wanted to keep any of the cars--what I wanted was the "work" that a complete restoration requires. That's the fun part!
One of the Mets, I'm working on now belongs to a friend of mine--he pays for all the parts, and I get to work on it--best of both worlds!
No charge for labor.
A few years ago, a friend of mine blew the engine on his '62 Met--let the engine run out of oil--He called me and asked what he should do--I told him to flat-bed it over ( he lived locally), and if he would spring for a rebuilt engine, I'd replace it! i told my wife "hooray--work is
on its way!"--I was between project cars, and was figuring out ways my wife could be more efficient around the house--a real
"time-motion" study! She didn't appreciate my efforts--
the SF bay area were all local California cars, one owner and rust free--1973 MG Midget, 1967 Morris Minor, 1962 Metropolitan, and a 1958 Metropolitan. They were all driveable but needed complete restoration. Keeping a fairly accurate account on monies spent--I spent
less than $10,000 on each, and sold them for probably around $2,000 less than what I had in them. My friends have said that I "lost" money. My wife says that its a hobby, and the normal restoration taking around 2 years, that's $1,000 a year--which is pretty
cheap entertainment! My interest in selling was not to get "top dollar", but to get a fair price to have "seed money" for the next
project car. I've never wanted to keep any of the cars--what I wanted was the "work" that a complete restoration requires. That's the fun part!
One of the Mets, I'm working on now belongs to a friend of mine--he pays for all the parts, and I get to work on it--best of both worlds!
No charge for labor.
A few years ago, a friend of mine blew the engine on his '62 Met--let the engine run out of oil--He called me and asked what he should do--I told him to flat-bed it over ( he lived locally), and if he would spring for a rebuilt engine, I'd replace it! i told my wife "hooray--work is
on its way!"--I was between project cars, and was figuring out ways my wife could be more efficient around the house--a real
"time-motion" study! She didn't appreciate my efforts--
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Hey Guest!
smilie in place of the real @
Pretty Please - add it to our Events forum(s) and add to the calendar! >> 