Opportunity to buy a Caterham for restoration

Opportunity to buy a Caterham for restoration

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DickyC

Original Poster:

49,739 posts

198 months

Saturday 28th July 2018
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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.

DCL

1,216 posts

179 months

Saturday 28th July 2018
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On a commercial basis restorations are usually bad news, you probably spend more than a new kit would cost. But that's not to say they are not worth doing if you enjoy that sort of thing, and get the pleasure from the restoration process.

anonymous-user

54 months

Saturday 28th July 2018
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Four rotor? That sounds epic! Pics!

DickyC

Original Poster:

49,739 posts

198 months

Saturday 28th July 2018
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eezeh said:
Four rotor? That sounds epic! Pics!
I'm going again in a fortnight and will take some pictures.

DickyC

Original Poster:

49,739 posts

198 months

Saturday 28th July 2018
quotequote all
DCL said:
On a commercial basis restorations are usually bad news, you probably spend more than a new kit would cost. But that's not to say they are not worth doing if you enjoy that sort of thing, and get the pleasure from the restoration process.
Nicely put. Thank you.

Three Cs

1 posts

69 months

Saturday 28th July 2018
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Any photos available?

DickyC

Original Poster:

49,739 posts

198 months

Saturday 28th July 2018
quotequote all
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.

DickyC

Original Poster:

49,739 posts

198 months

Monday 13th August 2018
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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.

S555DFH

9 posts

102 months

Tuesday 14th August 2018
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I’m glad you came away with a pocket full.

DickyC

Original Poster:

49,739 posts

198 months

Tuesday 14th August 2018
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Thanks. It makes me go hot and cold thinking about it.

Eric Mc

122,029 posts

265 months

Wednesday 15th August 2018
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Why would a "Caterham" have a Lotus chassis plate?


DickyC

Original Poster:

49,739 posts

198 months

Thursday 16th August 2018
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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.

mickrick

3,700 posts

173 months

Tuesday 18th September 2018
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I got a bit excited when I read 4 rotor rotary! Interesting number plate though... MKO smile

DickyC

Original Poster:

49,739 posts

198 months

Tuesday 18th September 2018
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Both registrations come up as SORN. I would have thought the previous owners would have done better to keep it as a side valve Ford special than pretend it was a Caterham.