I had one from almost new bought from Rover in Chiswick. Drove all the way from Exeter to buy it after I saw it advertised in the Telegraph at a ridiculously low price. Imagine my horror when I got to the garage to find a completely different price on the windscreen! To their credit they told me they'd mistakenly advertised it for the cost price (showed me the invoice) but still sold it to me at the advertised price. I kept it for about five years, taking its mileage from 3000 to 53000.
No breakdowns apart from a clutch slave cylinder going. Rust had started to appear in the usual places by the time I sold it although I had fastidiously waxoyled the underneath and arches. The car was lovely and the interior especially so and I wouldn't hesitate to recommend a well kept example. My local garage serviced both it and my mark one mini and I remember him remarking on the difference in build quality between the two in terms of gauge of steel and quality of components (not in favour of the Paul Smith!) Of all the limited editions this is my favourite so go for it if you like the look of it!
By the way, both the Paul Smith and my mark one got sold and were replaced by a low mileage mark two in what my other half calls 'district nurse blue' - my favourite mini of all those I've owned so far!
Simon
Well I agree that 1960's Minis had a different/thicker? grade of steel?
But I've also heard that the steel on later Minis was of a higher quality?
Don't know if that's correct though, but either way they all rust much the same.