Break or sell complete?

Break or sell complete?

Author
Discussion

wildoliver

Original Poster:

8,777 posts

216 months

Monday 16th February 2015
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This is probably not the most cheerful of threads, but we've just spent a long weekend deciding where our lives are going and sadly they are going in a bit of a different direction to the one we want them to, part of this is me having a workshop full of projects which I spend every waking moment working on instead of enjoying life.

At present I have 4 MX5s, 3 Porsches, 2 MGs and a TVR. The MGs are staying as are 2 of the Porsches but I'm clearing the MX5s out in favour of one nice mk1 and the TVR is going to have to go as I just don't have time to give it what it needs right now.

So the question and reason behind this pretty depressed post is:

I have a 350i, E Reg with the later rear suspension, it's a project, a big project. The chassis is rotten beyond rescue, pretty much everything there needs disassembly and reconditioning, the car is complete but needs work in pretty much every area.

On the positive side the body is in fairly sound condition, minimal cracking anywhere (one of the best "project" fibreglass cars I've ever seen, it needs little more than standard prep and paint for a steel shell). Interior is complete and all the leather is in decent condition just needs a good feed to soften it up, no torn seats etc. Dash needs reveneering of course, hood is in decent condition but is very stiff so needs all taking apart and lubricating/repairing.

Engine is a runner, gearbox feels sound, rolls freely. Suspension all works. Steering all works. Basically it's a complete car but and I can't emphasise the point enough you could not get it back on the road in a weekend or 2, it's a total strip, recon and put back together job.

I've also got a fantastic chassis and a 4.6 v8 I bought to go with it.

All in the car owes me around 2k and I'd like to see that back, I think the only thing actually missing is a steering wheel (MGB one fitted to move it around) but steering wheels are personal taste anyway. It is restorable, my plan was to lift the body fairly soon to get the rotten chassis out, strip the suspension and recon it all then fit it to the new chassis and get a rolling chassis, then fit the new engine and check and refit the box, diff etc. Then go over the shell, paint the shell and drop it on to the chassis, I was planning to junk most of the wiring in favour of rewiring with a new custom loom using megajolt or Nodiz and a Weber/Edelbrock 500 on the engine with standard RR 4.6 exhaust manifolds running twin pipes with a balance pipe. It was a good plan and will make a nice car at some point but it needs someone who can have it sat there for possibly up to a year while they plod through it, that person isn't me I'm afraid, there is a good chance I will have the upheaval of a move in a few months and don't want to drag the TVR with me and try to find space for it.

Realistically what should I try to advertise it at? Is £2500 with an aim to break even about right? Am I even better off breaking it? I don't really want to break it but if needs must it will be a shame but I can do so.

Please note this isn't a thinly disguised Ad, an advert will be going up probably today with a bit of luck, I'm going to try and get some pictures sorted today and go from there, it is a question to people who know the market far better than I.

Many thanks in advance.

JumboBeef

3,772 posts

177 months

Monday 16th February 2015
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You have 10 Sunday cars? My head explodes with just one!

Flog the rest, and get the TVR back on the road....

Big Al.

68,846 posts

258 months

Monday 16th February 2015
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Post too much information i.e. images etc and your post will be removed as an advert.

Sorry, but that's the way it is.

mrzigazaga

18,555 posts

165 months

Monday 16th February 2015
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Seems a real shame to even think about breaking up a Wedge..But sometimes its a reality..I wish i was in a position to take on a project..Especially with a 4.6 power plant...smile
Good luck with whatever you decide...Ziga

wildoliver

Original Poster:

8,777 posts

216 months

Monday 16th February 2015
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Big Al. said:
Post too much information i.e. images etc and your post will be removed as an advert.

Sorry, but that's the way it is.
No probs that's what I'm trying to avoid, it really isn't an advert it's an appeal for a bit of help really, I think the best plan is to get it up in the classifieds as a project and if it doesn't sell re evaluate the options from there. I've broken plenty of cars over the years but I get no pleasure from it, it's a last resort to get rid of a problem, sadly the problem tends to be a car with a low value that's worth more in bits, often it's really good projects that get broken. I'm not interested in breaking it and making profit I just want it all to go to someone who will finish it.

Zig yes with the 4.6 it should have been pretty special especially as the engine is a really nice one, I suspect it won't be long till another Trevor does come along, indeed once it's all cleared I have an itch in the form of a nice Chim to scratch.

As for 10 sunday cars, well that's what happens when you have a large workshop to fill and go from working for yourself and having time to do these things and then end up working for someone else and only having Sat and Sun, it wouldn't be too bad if cars were all I live for but throw a load of other hobbies in to the mix and you end up with no time to do anything and one day saying enough is enough.

KKson

3,403 posts

125 months

Monday 16th February 2015
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I'm sure that if you split it then you would make more money, although obviously a fair bit of your time to take it apart. In my opinion if you are willing to sell it as a project then at least there's a chance someone will buy it and get it back on the road which to me is the right way to go. If it's split then it's gone without doubt and there's one less piece of history in the world.

gmw9666

2,735 posts

200 months

Monday 16th February 2015
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as a guide, that blue 350i project that sold recently on ebay was a whole car + new chassis, new leather seats, carpets, parts blah etc etc

Sold for 2k ish from memory after a number of buyers messed the seller about

So that gives you a target price for a whole car sale..........if you need the money and have the time you will make more £££ in stripping but its the old "time and faff" vs "reward" balance

Your car your call :-)

B@man

1,486 posts

204 months

Wednesday 18th February 2015
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Booooo I was looking forward to having another wedge in EY frown

mrzigazaga

18,555 posts

165 months

Wednesday 18th February 2015
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superwedge said:
Big Al. said:
Post too much information i.e. images etc and your post will be removed as an advert.

Sorry, but that's the way it is.
hope this stays on, she was telling me she wants to sell her bike,
censored
I'll buy the saddle...biggrin

griffdude

1,824 posts

248 months

Wednesday 18th February 2015
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mrzigazaga said:
I'll buy the saddle...biggrin
Only selling because the crossbar is uncomfortable.

mrzigazaga

18,555 posts

165 months

Wednesday 18th February 2015
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griffdude said:
Only selling because the crossbar is uncomfortable.
Ill be her "Crossbar".....cloud9

superwedge

1,286 posts

148 months

Thursday 19th February 2015
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I take her for a spin in the wedge,if she let me ride (her)bikelick

wildoliver

Original Poster:

8,777 posts

216 months

Friday 29th May 2015
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Well I spent a couple of months looking at it and my other projects and started to really think what it was I wanted in life and sadly the wedge didn't really fit, the money and time I was going to spend getting it where I wanted was never going to be worth it and would have been better placed buying what I really wanted.

So the wedge and a few others are going, one cars sold already, ones on its way towards being sold, my 924 is nearly good to go and the Tvr is up in the classifieds already, I haven't had so much as a nibble unfortunately so it might end up getting broken which would be a shame.

I will be back though as soon as I can afford my Tuscan!

mrzigazaga

18,555 posts

165 months

Friday 29th May 2015
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Well the toughest thing is deciding with head over heart..The Wedge does sound like a big project and unfortunately i think people will be more inclined to buy one already done then fork out loads of money restoring it...Not everyone has the time or facilities...So if it does get shelved then it will hopefully still live on in others..I wouldn't condone it at all but you have to be realistic.


If i had some cash i would love a 4.6 but I'm happy with the 3.5...For now...I hope everything works out for you...Cheers...Ziga

wildoliver

Original Poster:

8,777 posts

216 months

Friday 29th May 2015
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Well I've got a chap possibly coming to see it this weekend who I suspect won't be interested in the 4.6 so you never know I might be able to cut you a cheap deal!

Wedg1e

26,801 posts

265 months

Friday 29th May 2015
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wildoliver said:
W I haven't had so much as a nibble unfortunately so it might end up getting broken which would be a shame.
Got a link? I'm at work and the connection here is carp so anything to speed things up... smile

wildoliver

Original Poster:

8,777 posts

216 months

Friday 29th May 2015
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I think linking it might contravene our advertising policy, but it's in the classifieds in wedges. It's the one with the reflection of a very harassed owner in the windows!

pwd95

8,383 posts

238 months

Friday 29th May 2015
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wildoliver said:
I think linking it might contravene our advertising policy, but it's in the classifieds in wedges. It's the one with the reflection of a very harassed owner in the windows!
Is it Blue with a spare 4.6 for a givaway £2300 all in?

In which case I'd leave it on Classifieds for a few weeks. The right person will stumble across that ad & snatch your flippin arm off. yes

mk1fan

10,517 posts

225 months

Friday 29th May 2015
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I was talking to a Chim owner about this car on Wednesday.

wildoliver

Original Poster:

8,777 posts

216 months

Friday 29th May 2015
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Yes it is.

I'm hoping your being serious about it being a giveaway price I've tried to price it seriously at below what it would probably break for and basically at pretty much break even for me so it goes to someone who can enjoy restoring it, I have zero interest in making a quick buck off it as I also have zero interest in breaking what's eventually going to end up a rare car.