sports850 wrote:
Or on the other end of the scale there's my Sports850 , all up in the 14 or so years I've owned it , excluding rego/fuel , it's cost me a grand total of about $3,000 including purchase price and maintenance , they don't have to be expensive to be fun . Just depends what sort of mini you want .
Prices to run cars can be a piece of string, where is the end? We are at the end of the time when minis were cheap and that is unfortunate, but then one man's cheap is someone elses expensive. Those that have the money won't blink and those that don't, find it hard to believe that minis can have become a desirable investment for some. Any mini bought should be closely checked out bodywise. The body is the most expensive part to fix IMO for those that can't do the work themselves. I kinow of a Cooper S that has cost the owner 20K to have the body ready for rego. That is not a misprint and the figure came from the panel beater. The panel beater can't believe anyone could be so stupid as to spend that sort of money on an S and I agree, but obviously the owner didn't. So all up this car on the road will owe the owner well over 30K. It is this sort of thing that we are starting to see and is pushing the market.
There are always two markets in restoring cars, the enthusiast and those that have money. Those that have money drive the market prices and in the end the enthusiast is driven out. I have some parts for sale as some will be aware of, I want my money back. Those on this forum being mainly enthusiasts can't bring themselves to pay what I want for one of those parts so I am forced to go elsewhere to sell it. Now in my thinking it would be more cost effective to buy what I have, save a lot of time and effort and a bucket load of money (for some) and buy it. I am not wanting any more than I paid for it and the money I have put into it since. Unfortunately others don't see it that way and I have not sold the body. I will now ebay it and I bet it goes OS unless sold beforehand as there are a couple of outstanding queries on it at the moment. The New Zealanders have had their mini population absolutely decimated by those OS who are buying minis and exporting them to the US etc. Money talks in this situation and unfortunately the enthusiast loses out once again. So we are in the last of the times that we as enthusiasts can afford these cars, so enjoy. Before starting on any rebuild decide what level you want to go to and price the parts and labour and add 50% for contingincies (sp)