Did I over bid?

Did I over bid?

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Discussion

HarmeetJohal1

Original Poster:

138 posts

107 months

Sunday 27th June 2021
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Hi all
I made the silly mistake of bidding on something I didn’t look at properly. Was on the auction and the item I wanted sold for a lot more then I was hoping to pay
Then this popped up, seemed cheap and I clicked bud…. 🤦🏽 I know stupid of me!!!

So anyway I brought this, with the mindset of making a quick small profit! Looks a little more crispy then the cover picture.
They say it’s running but will it get an MOT? Do I take my losses and put it straight back in to the auction or is it worth the punt?

It’s a British open edition with a million owners
It owes me £3500 to my door







https://www.bidspotter.co.uk/en-gb/auction-catalog...



t400ble

1,804 posts

128 months

Sunday 27th June 2021
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That sill wont pass for sure

Drooles

1,421 posts

63 months

Sunday 27th June 2021
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I’ve no idea about values but if it’s just the sills it’s not the end of the world. Having had Minis of that era (and still having a really old one) if it’s also doors, A posts and the floor things could really add up.

The interior looks great... is the body decent or are there issues?

HarmeetJohal1

Original Poster:

138 posts

107 months

Sunday 27th June 2021
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Haven’t taken delivery yet, has a little rust around rear window and some repair in the boot
Any idea what sill repairs might cost?

Drooles

1,421 posts

63 months

Sunday 27th June 2021
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Many years ago around £250... but then we saw the crusty floor

Red9zero

7,908 posts

64 months

Sunday 27th June 2021
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Corrosion mentioned on the last few Mot's. Last one was 2018. I reckon that's going to be a can of worms and I speak as an ex Mini owner that started repairing a stone chip on a bonnet that turned into new bonnet, wings, a panels and front panel.

Stigproducts

1,730 posts

278 months

Sunday 27th June 2021
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That won't be the end of the rust unfortunalty, its always way worse than what you can see

HarmeetJohal1

Original Poster:

138 posts

107 months

Sunday 27th June 2021
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So guessing I have over paid to add injury to insult ???



Edited by HarmeetJohal1 on Sunday 27th June 16:05

Driver101

14,376 posts

128 months

Sunday 27th June 2021
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Looking at the MOT history it's needed a lot of welding over the years. It would concern me that they've not had it done this time. Maybe it's too much work needing done this time.

t400ble

1,804 posts

128 months

HarmeetJohal1

Original Poster:

138 posts

107 months

Sunday 27th June 2021
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Drooles

1,421 posts

63 months

Sunday 27th June 2021
quotequote all
Really can’t say if you’ve overpaid but if you like the car, it’s worth fixing. Remember, there will never be any new ones built (apart from ridiculously overpriced toys for millionaires) so you are a custodian of something of historical significance.

If you like like the car, persevere. Learn how to weld - panels are all available and you’ll have developed a new skill

HarmeetJohal1

Original Poster:

138 posts

107 months

Sunday 27th June 2021
quotequote all
Drooles said:
Really can’t say if you’ve overpaid but if you like the car, it’s worth fixing. Remember, there will never be any new ones built (apart from ridiculously overpriced toys for millionaires) so you are a custodian of something of historical significance.

If you like like the car, persevere. Learn how to weld - panels are all available and you’ll have developed a new skill
Totally agree with this! But I have a 59 I’m working on and an Audi 100 coupe S
Did just buy it as a flip

Stigproducts

1,730 posts

278 months

Tuesday 29th June 2021
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HarmeetJohal1 said:
Yes, it's quite a skill. Dirty, messy, requires a lot of trim and paint removal and replacement and generally expensive and difficult. Apart from that, no problem. If you find a reasonable place they can bodge it to get through the next Mot for a few hundred, but the sill + the rear window is some work and who knows what else there is?

That sill could be ground back and bodged reasonably easily IMO, the window is different because of the paint and the possible necessity to remove the window. I've replaced full sills on a Mini and it was a pretty big job, all the seats/carpets had to come out, then there was the paint and underseal and all that stuff. Not exactly brain science but when you have to pay someone else to do it, the bills start to add up.

captain.scarlet

1,891 posts

41 months

Tuesday 29th June 2021
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I'd be interested to know how you get on, OP.

I purchased a 1985 Mayfair and it's got plenty of rot to keep someone busy, plus a rough engine.

In two minds about keeping it. It was going to be a project but I don't have the facilities, time or expertise to get to work on this.

Also the DVLA have been on strike so I am awaiting my logbook. It's been nearly 2 months.

After that, there is a worry that it would become a donor car for a crazy customised Mini. That would be a shame where classic Minis are increasingly scarce.

I can supply photos to anyone interested, but I'd be keen to hear as well from those who gave any knowledge to share.

I'm based in West Yorkshire by the way.

Bungleaio

6,393 posts

209 months

Wednesday 30th June 2021
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As a guide for prices I had my mini sorted a few years ago. It looked like this when it went away



It didnt' look too bad but it needed. Front panel, wings, bonnet, A panels, scuttle, dash rail. inner and outer cills, door skins, lower part of the rear 3/4 panel on both sides and rear valance. A full respray and it cost around £7k to get that all done.

Some during photos:







It's absolutely mint though now but it's amazing how much rust can be lurking in there


captain.scarlet

1,891 posts

41 months

Saturday 3rd July 2021
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Bungleaio said:
As a guide for prices I had my mini sorted a few years ago. It looked like this when it went away



It didnt' look too bad but it needed. Front panel, wings, bonnet, A panels, scuttle, dash rail. inner and outer cills, door skins, lower part of the rear 3/4 panel on both sides and rear valance. A full respray and it cost around £7k to get that all done.

Some during photos:







It's absolutely mint though now but it's amazing how much rust can be lurking in there

The result is impressive.

Where are you based? I'm in West Yorkshire.

Still, £7,000 for all that doesn't sound too bad at all if it's a specialist doing it.

Was yours so bad it was deemed to be going to be a re-shell?

How about interior and mechanical work?How much did that come to?

I can DM you some photos, but I'm in two minds about it generally.

If I did keep it and restore it to original spec (I wouldn't have it any other way, and certainly wouldn't want it becoming a custom sports car given how finite these things are), I would keep it as a long-term asset.

Bungleaio

6,393 posts

209 months

Sunday 4th July 2021
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It was done by Coventry classic minis. It was back in 2016 though so prices have probably gone up a bit now.

Mine was far from bad, a rehell was on the cards. It was just rusty in the usual places. I said do what needs doing with a car that’s solid for a long time.

It looked fairly good when it went in, it was only once the angle grinder started to cut things out.

Whatever way you take yours is entirely up to you unless it’s a limited edition if you modify them it’s Unlikely to affect its value.

skwdenyer

17,958 posts

247 months

Sunday 15th August 2021
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https://www.carandclassic.co.uk/car/C1308610

If you assume £10k is the absolute upper end of these, and this one owes you £3.5km assuming you want to make a bit of profit on it then you've got to get it all fixed to perfection for £5.5k.

That sounds light for the level of work required, unless you can do it yourself.

If instead you can get it, err, "fettled" for a £1k or so, you might do better. For instance:

https://www.carandclassic.co.uk/car/C1372679

Either way, it doesn't sound like there's a lot of money in it.