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Re: WTH??!?! Have you seen this item on ebay.
Posted: Sun Jun 21, 2015 1:05 pm
by swifty
There's plenty of room for all types of mini , restored ones that live in a tent and used patina look ones . I love restoring minis to as new condition but also like the patina look . One of my all time favorite minis for me is that surf blue mk1 S , MEG or something the reg is . .... Ken
Re: WTH??!?! Have you seen this item on ebay.
Posted: Sun Jun 21, 2015 1:11 pm
by mini63
This is not the first to sell for a crazy amount....the odd 59 has been there.
Re: WTH??!?! Have you seen this item on ebay.
Posted: Sun Jun 21, 2015 1:37 pm
by In the shed
Hopefully it's not over cooked.
I had a rare black with green interior Morris 1000 from 1957. It was solid and rust free, but showing just the right amount of patina. She was a very graceful old lady. I sold it to a chap who had been pestering me and he promptly went and rebuilt every atom of it. It's probably better than it left the factory. Sadly, it might as well be a replica made yesterday. Perfect, but with no soul.
I imagine the buyer could put it in a bubble and leave it for another 40 years and it would be worth £120k.
I remember reading Practical Classics or similar and there was a D-Type which was pulled out of a shed....still with it's scrutineering tickets on and with a beautiful level of patina. The caption was "this is going to be fully restored shortly".
I see it in a similar level of taking a historic banqueting table out of a castle and then putting a belt sander over it and then giving it a coat of super polyester varnish. The men who made the table would be in utter awe, but it's an insult to the item's history.
This has gone a bit off topic.
Re: WTH??!?! Have you seen this item on ebay.
Posted: Sun Jun 21, 2015 1:50 pm
by JC T ONE
In the shed wrote:Hopefully it's not over cooked.
I had a rare black with green interior Morris 1000 from 1957. It was solid and rust free, but showing just the right amount of patina. She was a very graceful old lady. I sold it to a chap who had been pestering me and he promptly went and rebuilt every atom of it. It's probably better than it left the factory. Sadly, it might as well be a replica made yesterday. Perfect, but with no soul.
I imagine the buyer could put it in a bubble and leave it for another 40 years and it would be worth £120k.
I remember reading Practical Classics or similar and there was a D-Type which was pulled out of a shed....still with it's scrutineering tickets on and with a beautiful level of patina. The caption was "this is going to be fully restored shortly".
I see it in a similar level of taking a historic banqueting table out of a castle and then putting a belt sander over it and then giving it a coat of super polyester varnish. The men who made the table would be in utter awe, but it's an insult to the item's history.
This has gone a bit off topic.
Agree, some cars should be left as is = recommisioned & driven to enjoy, but not a over resto job.
Re: WTH??!?! Have you seen this item on ebay.
Posted: Sun Jun 21, 2015 2:28 pm
by Nick W
Often with to idea to recommision , this type of car is stripped down , the rust is always worse than first expected , then the decision to cut all the rust out it taken "who want a rusty car".this will involve areas of paint to be removed / repaired . Then the paint shop will tell them "they can't spray faded paint", then the decision is made to respray the hole car , and on it goes till all of that lovely patina's gone . My point is leave it as is "as found display car" or restore to a high standard , obviously original interior , is best + original mechanics where poss
Once finished the ageing can start again ,
Re: WTH??!?! Have you seen this item on ebay.
Posted: Sun Jun 21, 2015 2:38 pm
by mab01uk
There are many people now who buy classic cars purely for the reasons below........
Classic cars are currently a good investment even for non-enthusiasts just to put into storage for future resale
Over the past decade many classic cars have performed even better than gold as an investment, but there is an even more powerful reason to invest in classic cars beyond the fact that many are fast growing in value. That is the tax benefits.........
Classic cars are an investment free from capital gains tax, which would otherwise be chargeable on UK residents selling investment assets and making a profit.
This exclusion is because they are categorised by HMRC as 'wasting assets'.
Wasting assets are defined as possessions such as machinery and items with a predicted life of less than 50 years.
Quote:
"Some of the best investment 'performers' being cars from the 1950s and 60s admired by the nostalgic middle-aged boy-racers who still comprise the biggest chunk of buyers."
eg. Lotus Cortina, Mk1 Mini Cooper S
Classic cars leave other investments standing
Over the past decade classic cars have done even better than gold, rising 430 per cent in value, according to Knight Frank's Luxury Investment Index. Over the same period, the FTSE 100 climbed just 55 per cent.
But there is an even more powerful reason to invest in classic cars beyond the fact that they are growing in value so quickly. That is the tax benefits, as Susan Spash, partner at London chartered accountant Blick Rothenberg, explained.
"Classic cars are an investment free from capital gains tax, which would otherwise be chargeable on UK residents selling investment assets and making a profit," she said.
"This specific exclusion is because they are categorised both as 'wasting assets' and passenger vehicles."
Wasting assets are defined as possessions such as machinery and items with a predicted life of less than 50 years. They are exempt from capital gains tax, which would otherwise be charged on gains above the annual exemption of £10,900 at 18 per cent, or 28 per cent if you are a higher-rate taxpayer. The tax advantages, however, come with the potential drawback that if you lose money when selling a classic car you can't claim tax relief for the loss, as you can with other valuables or assets.
Chris Routledge, managing director of international car auctioneer COYS, said that the demand for classic cars as an investment was at an all-time high. "For example, the Aston Martin DB4 average global auction price before the recession was £135,000 and after the recession it went up to £207,000," he said.
Re: WTH??!?! Have you seen this item on ebay.
Posted: Sun Jun 21, 2015 4:55 pm
by evosal
I viewed the Bonhams car and it was not as original as it seemed, no engine number plate present, it had been bumped on the o/s front at some time and poorly repaired, the clutch cover was smashed fully exposing the starter bendix.
The ns front wing and front panel had obviously been changed, the seam where the wing meets the scuttle was filled over with the seam crudely cut in the filler with a knife or similar, sills were rotten and also the bulkhead had completely rotted through and you could poke your fingers through into the car.
Re: WTH??!?! Have you seen this item on ebay.
Posted: Sun Jun 21, 2015 5:14 pm
by gs.davies
I wish they could spray back patina - Fender seem to manage alright with their custom shop guitars to get the paint finishes to do all sorts of age related things, but it seems asking a car restorer to do this on a vehicle is a step too far.
I'd have loved to have just recommissioned my car, it needed so much welding that there really was only one option - I'll be trying to keep the soul of it in other ways though. Not every last component will be renewed or repainted.
Re: WTH??!?! Have you seen this item on ebay.
Posted: Sun Jun 21, 2015 5:55 pm
by GraemeC
Wonder if there are 2 more rosepetals with this?
http://pages.ebay.com/link/?nav=item.vi ... 1539445224
And then is anyone brave enough to be seen with it on a trailer?!
Re: WTH??!?! Have you seen this item on ebay.
Posted: Sun Jun 21, 2015 5:57 pm
by In the shed
I bought ASBO in 03 and it had been resprayed after having all it's holes given love. I never polished it, but following it being very clean and building up a layer of surface shyte over the summer (dry), I decided not to clean and polish it, but to wipe it with an oily rag. Subsequent cleaning involved giving it a wipe off. It has a "just so" finish and most certainly doesn't look like it's been resprayed.
Perhaps resprayed cars aren't so bad, it's just the over-polishing people do afterwards. Making sure there isn't an atom of non-shininess on the whole thing.
My prerogative is to have a mini with no rust and for it not to rust if I leave it in the shed.
Re: WTH??!?! Have you seen this item on ebay.
Posted: Sun Jun 21, 2015 6:19 pm
by rich@minispares.com
the best thing would be to win it, turn up, spanner off the wheels and just the rest of the turd on the floor and drive away
Re: WTH??!?! Have you seen this item on ebay.
Posted: Sun Jun 21, 2015 7:49 pm
by smithyrc30
The description is incorrect on this. It reads:
MINI COOPER, UNFINISHED PROJECT, AUSTIN, MODIFIED, HOT ROD, 1275, BL
Highly modified body panels
requires engine and gearbox
It should read:
MINI COOPER, UNFINISHED PROJECT, AUSTIN,
MODIFIED BADLY, HOT ROD, 1275, BL
Highly modified body panels requires
scrapping
Problem is the stuff looks like a body kit which means there might be another one.....
Oh, the humanity.....
Re: WTH??!?! Have you seen this item on ebay.
Posted: Sun Jun 21, 2015 8:07 pm
by gs.davies
smithyrc30 wrote:The description is incorrect on this. It reads:
MINI COOPER, UNFINISHED PROJECT, AUSTIN, MODIFIED, HOT ROD, 1275, BL
Highly modified body panels
requires engine and gearbox
It should read:
MINI COOPER, UNFINISHED PROJECT, AUSTIN,
MODIFIED BADLY, HOT ROD, 1275, BL
Highly modified body panels requires
scrapping
Problem is the stuff looks like a body kit which means there might be another one.....
Oh, the humanity.....
Oh dear. Poor thing wants to be put out of its misery at the earliest opportunity!
And where did the 'Cooper' bit come in?!
Re: WTH??!?! Have you seen this item on ebay.
Posted: Mon Jun 22, 2015 8:42 am
by mk1
All I have to say on this subject is that Simon was almost spot on with his original valuation on this time warp Cooper S.
M
Re: WTH??!?! Have you seen this item on ebay.
Posted: Mon Jun 22, 2015 8:48 am
by rich@minispares.com
Re: WTH??!?! Have you seen this item on ebay.
Posted: Mon Jun 22, 2015 4:39 pm
by Jamie
Re: WTH??!?! Have you seen this item on ebay.
Posted: Mon Jun 22, 2015 4:44 pm
by UHR850
Re: WTH??!?! Have you seen this item on ebay.
Posted: Tue Jun 23, 2015 8:30 pm
by Se7enthHeaven
Can't remember the last time I saw a vehicle with so much potential. Very much a blank canvas.
Re: WTH??!?! Have you seen this item on ebay.
Posted: Tue Jun 23, 2015 8:54 pm
by 66Traveller
Easy to park too...
Re: WTH??!?! Have you seen this item on ebay.
Posted: Sat Jun 27, 2015 1:31 pm
by mab01uk