Re: Looking at a TR4 tomorrow. Thoughts on price?
I would take another look at the panels, especially those in primer, as you may already know they rust along the bottom of the rockers and fenders, but also the top of the rear fenders and rear deck area where it meets the fenders, maybe take a magnet or one of those "spot rot" indicators and see if these are bondoed up or metal.
If it is indeed rust free it might be worth close to the asking price, but I would offer two grand or less.
If it is supposed to start I would see if you can start it as well, or at least see if it turns over on the starter or by hand. The motor doesn't look like they put a lot of effort into clean-up if it was in fact rebuilt, hate to be cynical but it seems like a lot of projects sitting around have had the "engine rebuilt"
Luckily TRs are robust and fairly straightforward to rebuild in the motor/tranny department.
It doesn't look like a bad car to start with, but of course plan on doing pretty much everthing to it, interior, exterior, brakes, drivetrain to some extent to be determined.
Looks to be fairly complete, from the pics I don't see anything that scares me off, if it turns out there is a lot of bondoed up rust on it I might rethink that though.
Big Healeys are brining whacky money these days, I think people are starting to realize TRs are very much a bargain in comparison and the prices will tend to go up, which of course makes for a better argumement when you have the "its an investment" conversation with the wife.
Greg