What to do with my Midget?

What to do with my Midget?

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Discussion

Sharted

Original Poster:

2,630 posts

143 months

Tuesday 17th March 2015
quotequote all
Hi MG experts,

I have, in my garage, a 1973 RWA and wire wheel Midget in Black Tulip. The car was bought by my Mum on August 1st 1973 when I was 10 and I inherited it when I was in my mid 20s.

It has moved house with me about 5 times but just sat in the garage since 1990 (ish).

The engine and gearbox were rebuilt in 1990 ( in hindsight probably didn't need doing as mileage was only around 46k) but has been dry stored since then.

It has sand vinyl seats and proper MG headrests in the same colour.

I could use the garage for better purposes than just being my car that I don't use storage.

The dilemma?

Do I sell it as it is or restore to concourse and then sell?

I am unlikely to drive it regularly as I have access to more modern machinery including 2 seater convertible.

Hoping to chew the fat with fellow enthusiasts.

Cheers

jagracer

8,248 posts

236 months

Tuesday 17th March 2015
quotequote all
If you restore it to concours and sell you'll lose money big time. If you really don't want it then sell as is, if it's in reasonable condition you probably wont get much less for it than if you spend money on it and in some cases original can be worth as much as restored.

timbo999

1,293 posts

255 months

Tuesday 17th March 2015
quotequote all
Build a Westfield XI...

Geordie MGmike

134 posts

139 months

Tuesday 17th March 2015
quotequote all
sell it to me, I love black tulip biggrinlaugh

But seriously... Given the family history how strong is your emotional attachment to the car?
If you restore it yourself you might just about cover the cost of the parts used. Concours cars are very expensive to achieve and almost impossible for someone without extensive knowledge or the time to do the research.

Accept you will make no profit on any work done and do it for the challenge or sell as is and let someone else do the work. Or pay me shed loads to do it for you and enjoy the drive when it's finished laughlaugh

Sharted

Original Poster:

2,630 posts

143 months

Tuesday 17th March 2015
quotequote all
I have neither the time nor inclination to do any work myself, the emotional attachment is strong but a decision has been made that it's going to go. It's the method of letting it go that's in question.

If it's financially viable I have no objection to spending money on renovation work if it makes it a highly desirable car and will sell at a reasonable profit.

How much is loads of money to restore in terms of minimum and maximum?

Geordie MGmike

134 posts

139 months

Tuesday 17th March 2015
quotequote all
Impossible to say without a full hands on assessment.
Any rust to repair? Does it need a respray? What other areas need work?

You'll NEVER recover the costs of body structure repairs and/or painting. You might make an extra few quid if it just needs recommissioning eg brake refurb, oils and filter, quick check over and get an MOT.

Where are you? cos I might be interested in taking it as is.

thisisnotaspoon

177 posts

171 months

Tuesday 17th March 2015
quotequote all
Depends whats needed, anything from a thorough wash and polish, to £20k+ if you just go on the MGOC site and buy one of everything.

I'd clean it up, spend a day going over it with a clay block, a few grades of polish and as many coats of wax as your arms will do.

After 25years everything will need a going over, best take the head off the engine to check if one of the cylinder/piston has suffered as one inlet valve is always open, the cylinder head will need converting to unleaded, the brakes will be seized so will need new seals in all the cylinders/calipers/pistons, the carbs will be glazed and need a strip, etc etc.

Basicly, unless you want to spend a lot of time and money I'd sell it to someone. Plenty of people would be interested in it as a project, it'll cost more to get from there to a MOT'd car than it'll eventually be worth though.

adamInca

207 posts

143 months

Tuesday 17th March 2015
quotequote all
Sell it as-is. There will be loads of people wanting it as a project (parts availability making it an easy project car) and unless you know exactly what it needs to get it roadworthy and can do it all yourself it will likely cost more than you'll get back.

Jed-S

660 posts

216 months

Tuesday 17th March 2015
quotequote all
If you're going to sell it then sell it as it is as you're very unlikely to make any more profit after paying for a restoration.

If you do decide to spend money then how about having it "improved" with an engine transplant and other work to make it more usable? I have a 4AGE engined Midget and it is an absolute hoot to drive. Just google "Midget K series" or "will corry mg midget" for ideas.

Pit Pony

8,563 posts

121 months

Tuesday 17th March 2015
quotequote all
I attempted once to inherit my grandads old allegro vandom plas, offering my uncle the market value at the time (£500). He refused, transferred the private reg, and kept it in a garage for years until it was scrapped.

You know what I'd do with your MG ? I'd get it road worthy and give it to a nephew for free.

perdu

4,884 posts

199 months

Tuesday 17th March 2015
quotequote all
Whatever you do do not do it up a little then drive it

eek


Midgets of whatever stripe can and often do become addictive

Sell it now when you get a decent estimate

Somebody wants it NOW

perdu

4,884 posts

199 months

Tuesday 17th March 2015
quotequote all
Whatever you do do not do it up a little then drive it

eek


Midgets of whatever stripe can and often do become addictive

Sell it now when you get a decent estimate

Somebody wants it NOW

Sharted

Original Poster:

2,630 posts

143 months

Wednesday 18th March 2015
quotequote all
If selling it as it stands is the best option, where is the best place to advertise?

I'd like to think that it goes to an enthusiast.

thisisnotaspoon

177 posts

171 months

Wednesday 18th March 2015
quotequote all
The classifides on here wouldn't be a bad place to start.

I've listed cars on these two before and had plenty of phonecalls, ended up keeping it though, the advice above is true, if you get it roadworthy you will keep it!

www.carandclassic.co.uk/
www.classiccarsforsale.co.uk/