Opportunity to buy a Caterham for restoration
Discussion
The opportunity to buy a '79 Caterham has come up. It's in poor condition, it's had the world's worst engine installation but it's cheap.
Always wanted one, always wondered about a restoration as a route to ownership. This one is there detiorating and in need of love and attention. I wasn't looking, it's just there at a customer's place, in the open under polythene but it's a bad time for me to take it on.
£2,500 as is with a V5 and a shocking four rotor rotary engine complete with insane pedal arrangement.
Buy it, store it and forget it until I can devote time to it? The scope of the restoration won't increase much. Or wait and buy a reasonable going concern?
Difficult.
Always wanted one, always wondered about a restoration as a route to ownership. This one is there detiorating and in need of love and attention. I wasn't looking, it's just there at a customer's place, in the open under polythene but it's a bad time for me to take it on.
£2,500 as is with a V5 and a shocking four rotor rotary engine complete with insane pedal arrangement.
Buy it, store it and forget it until I can devote time to it? The scope of the restoration won't increase much. Or wait and buy a reasonable going concern?
Difficult.
Three Cs said:
Any photos available?
Not yet. It was all a bit clandestine. I was left alone in the chap's yard for fifteen minutes and had a poke about. Lots of cars in various stages of disrepair. Finding an elderly Caterham under a sheet of waterproof membrane is a marvellous experience; I'd recommend it to anyone. When the chap came back I asked about it and it turns out to be an almost abandoned project of his elder brother. I asked if it could be for sale and, if it was, how much. He'll probably sell and he'd be happy with two and a half was the answer. I had the feeling it's been discussed many times. That's the situation at the moment. I'm going back the week after next and will find out more. And take pictures.Barn.
Find.
A good feeling.
A not so good feeling.
A bad feeling.
If that's a Caterham, I'm a Stutz Bearcat.
No idea why I thought that was a rotary engine. Its a bike engine. No idea why I thought it was a Caterham. The seller genuinely thought it was.
I went with two and a half grand in my pocket and came away with it intact.
Thank gawd.
Eric Mc said:
Why would a "Caterham" have a Lotus chassis plate?
It was the fakiest fake cobbled up by the dreamiest dreamer based on a very old special. And not the lads selling it, I hasten to add; they were taken in when they bought it.And it claimed, according to the V5, to be based on a 1979 Lotus Elite of which there was no sign. Hence the chassis plate and the V reg. It also has an old registration plate that was registered to a Ford Pop. It may have had a Lotus Elite 1973cc engine and gearbox as its two major components to secure its registration but it now has a motorcycle engine. And rust. Plenty of rust.
Had I been told it was a special from the fifties rather than a Caterham from the seventies and all it needed was an 1172 side valve to relive its glory days I might have been interested. But not for £2,500.
Gassing Station | Caterham | Top of Page | What's New | My Stuff