I have just recieved the buyer's deposit $250 and looks likely my Minimatic will leave me on Friday 20/04 to another person near where I am living now.

The buyer is waiting for his car loan to come up mid-next week. And I am starting to regret and misses my little car.

People were quite interested in my mini on the street last night when I parked my matic at The Rocks for dinner with mates at work. While I was crossing the street to pick up my matic. There were this guy together with his wife and a woman and a kid surrounded my car (thought would be some hoons trying to do something bad to it ). But was decent people

We started chatting at the kerbside. They all said it is a beautiful car even the kid said it too. The guy in particular told me he had a (Viper??) which he sold to someome for $2000. Now it worth 20,000 or 200,000?? forgot!?


He really regretted it. He kept saying to me not to sell it as he told me I might regret later. Minimatics are rare, I hope my decision to sell it will not make me regret later just like this guy on the street. Does anyone know whether it is good $investment?

I really hope the buyer will not want the car anymore and I can give him his deposit back.

_________________
1964 Morris Mini 850 - G13b gti powered - classic yet practical
1968 Morris Minimatic - 1100cc - classic & breakable
Sun Certified Java Programmer v5 310-055

The grass is greener always on the other side.
such is life

_________________
Inconspicuously Conspicuous
Appreciation without Depreciation
forever chasing clearer skies...

Yes Duc.

Looking forward to seeing you sometime.

Was a bit busy with my new job.

Ben

_________________
1964 Morris Mini 850 - G13b gti powered - classic yet practical
1968 Morris Minimatic - 1100cc - classic & breakable
Sun Certified Java Programmer v5 310-055

Sounds like second thoughts. For what its worth heres my 2c

.This is just, me, but im a big fan of intuition, fate, karma and all that "everything happens for a reason" stuff.

Now if my cars up for sale, only a few days from being sold, and some random walks up to me and tells me not to sell mine as he/she sold their car for $2,000 and its now worth a squillion times more, this may just be me, but im listening to their advice.

Like u said, ur starting to regret selling it, so if ur not 100% willing to do it, why not take a little bit of time to think it over again ??? You could tell the person whos buying that your having second thoughts, and tell them to wait a week or two and youll get back to them.

(May i ask why your selling it?)

At the end of the day, if u chose to sell it immediately you may/may not be making a mistake, but if you if you wait a while, who knows, you might change your mind and decide to keep it. Either way, the cars not going to depreciate, and if the other guy really does want the car, im sure hed be willing to wait a month or 2

I wouldn't neccessarily hope on it being worth a bunch of money someday.

But alone the fact that you are in doubt should be reason enough NOT to sell. You'll never get over it

i had someone look at my van last monday, didnt like like him at all, i told him it wasnt for sale i was going to keep it. if you are going to sell make sure it is to the right person and you really want to sell your pride and joy

_________________
busier than a 0ne legged man in a butt kicking competion

You've certainly had an interesting mini journey Ben , you started off completely smitten with it and had to have it , then it was flawed and you hated it , then you loved it and it was perfect when you wanted to sell it and now you don't want to sell it because it's rare and could be worth more in the future . If your imkpression of the mini changes that much I'd suggest you have a good , long think about it and what you want from it in general before you refund the buyers deposit .

_________________

Very well said Ian!

Maybe you should ask the question why you were selling it the first place.

If you can come up with more negatives about the car than positives - let it go. If the point either positive or negative are emotive count them as double the value of a logical point. The side with the most points wins.

I have bought and sold a number of car's in my time, plenty of mini's included. Once you accept a deposit, that's it. Sorry, but if you have accepted a deposit you can't turn around and say no, escpecially if the guy buying the car has gone and got a loan under the pretense of you selling him the car..... That would be down right low.
It's just a car and it is just a mini, i'm sorry but mini's aren't going to be worth millions, yes they may increase in value, but to be honest you are better off putting your money in a bank account and getting ineterst on it as it'll increase and make more money and not cost you anything to maintain. Unless it is a super rare ex works rally car or the like you will not make the money you wish off it. This is a reality. Yes Auto's are rare, but that's because no one wanted them, but there are many other derivatives that will increase in value before an auto, sorry.
Yes mini's are great fun cars, but in reality the reason why most of us like them is that they are a cheap classic car(relative to other classics).
Put it this way, you wouldn't think twice about selling a 5 y/o car, yet it will probably be worth more than the mini you are selling. I understand the sentimental value of a car, but if your thinking of keeping it to make money on.... well that's just not going to happen.
Sell it and be happy with your decision. It is after all just a car.
Cheers
Aaron

_________________

Good point about the deposit

Once you have accepted money from the buyer that is deemed as a "contract" - this shows that you accepted the offer of the person who wished to buy it for that particular amount of money. Sorry but IMO, if this guy does get his loan accepted then it has to go - if his loan doesn't go through then that's your good luck.

_________________
"In two years time your car will be like a lady's clothes, out of date, my car will still be in fashion when I am dead" - Sir Alec speaking to Pininfarina

Junglemuffin:
The reason I am selling it is because I have just relocated to a new place from my parent's place and couldn't find a permanant storage place for it until I find a long-term place for myself. They hated my car to be on their driveway scaring it puts extra loads on it and cause cracks, which is quite rediculous, so you probably know why I moved. And I am paying about $30 rent/week for storing it now.

alsminik:
Sure he is the very right person to sell.


Yes, it is sentimental value. No, it's not to make money. Just try to give an answer to someone who asked me this question.



He got the loan anyway to buy a Mini. But yes, that's very true. If I think about it twice and wouldn't wanna sell it, so to be fair I will pay him double the amount which is $500.



It is flawed and it is crap. I am sure if your wife have anger-management problem and you had to split with her, you would still misses her even for a little despite the problems she is having. I was going to put up some pics of the affected area but the SD card is lost. Hopefully when I get it back I can post it up and show you.

I NEVER said I don't want to sell it because it is rare and could worth more in future! When something is said, it must be supported with evidence, not just draw things from the air.

I NEVER said it is perfect, but the OPPOSITE is true. I even told the future owner all about it, showed him even the inspection-report of this car . Everyone who saw this car had a test-drive, I offer it even though they didn't ask - I am sure Steve.E would agree on this. I didn't even get one when I buy this car. I told the potential buyers the CV- joints have problems, lights doens't work probabaly, Not all rubbers are new, etc, etc...a list of it. These came with the car when I bought it and I admmited I should have got more knowledge before I buy the car and have trusted the wrong mechanic to check it all out as I couldn't at that time asked my mechanic at Chastwood to check it as it is too far for him to go there. If you choose not to beleive me, that's your choice but I have trufully said what is totally true.

I love it because it is a Mini and it doesn't mean the work which has done on it was good. Car is beautiful, but not the restoration. Everyone who saw the car said it is such a rubbish/rush job and 2 people (not people on the street but experienced mini-lovers/painters) even said it 's a rip off.

"Rush job for $", "Could have done a much much better job"; "Oh!Rust bubbles"; and "Looks much better in picture (expression of disappointment)" are what I usually heard from people who have seen this car face-face.

Even the guy from the other night who said the car is beautiful said it too, he spotted the rust bubbles from the bonnet straightaway which I wasn't being able to see when I first bought the car because I had no experiece of buying such car.

I surely know every place of this Mini more than you would think of. Some places aren't even sprayed and you can get a handful (yes handful) of sand somewhere in the car left from sandblasting. There is heaps I could say about this Mini (especially the restoration link of my mini) but I better keep it to myself because I don't know if it will cause my message to be erased.

I think if everyone is honest to each other, this world would be a much better place.

_________________
1964 Morris Mini 850 - G13b gti powered - classic yet practical
1968 Morris Minimatic - 1100cc - classic & breakable
Sun Certified Java Programmer v5 310-055

a mate and i left a deposit once for a car, when we returned the next day to pay in full the guy didnt want to sell it anymore.
there isnt much you can do in a situation like that but take your money back and keep looking for another car.
it was low but of him, but i forgot about it in a couple of days, and the value of his car dropped (it was an aus spec toyota sprinter)

_________________
real men race downhill - keiichi tsuchiya

Ben , as I said , before making a decision on returning the deposit and keeping the mini have a good think about if you're doing it for the right reasons . Your mini experience so far has been played out publicly here and is all still on show , you seem to be quite a passionate person and have been perhaps thinking with your heart more than with your head , this is why you need to rationally think about whether this mini is the one you'll keep for an investment (as you said in the earlier post) or if you sell it and use the money to get another one down the track when you have more room . Now that you have more idea about mini's and what to look for you'll be in a better position to get the right car .

_________________