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1970 Mini 1000 Is It Worth Restoring


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#1 minidave1991-89

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Posted 01 December 2013 - 12:48 PM

Hi all
Recently bought my 4th project mini a 1970 mini 1000 and as usual it's going to need a bit more work than I expected.
The shell is exceptionally solid I'm very surprised being 43 years old! There is only 1 bit of rust on the entire shell! Now this could be down to the 8 layers of paint there was on it (no joke!) I think it's been every colour under the sun.
The problem lies everywhere else..it's going to need a full rebuild which I'm happy to do but I was planning on selling the car after and I don't know if it'll be worth the money I'm going to have to put into it!

The engine is shot and needs a rebore and I dread to think what else so I purchased a 1300 for it. Will that increase or decrease its value?

So question is do I strip it for bits, or restore it to its former glory? I don't know how much mk3's are going for ATM.

Cheers, Dave

#2 welshdan

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Posted 01 December 2013 - 12:50 PM

Depends whos doing the work. If you are doing all of it you might stand a chance. Value will be most if standard

#3 minidave1991-89

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Posted 01 December 2013 - 12:53 PM

I'll be doing all of the work except the engine stuff. I have a friend who can do that on the cheap fingers crossed!
So stick with the drums on the front or convert to callipers?

#4 Carlos W

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Posted 01 December 2013 - 01:00 PM

If you're going to put a bigger engine in, then upgrading brakes is a good idea in my opinion.

 

A tax exempt mini is going to be worth good money if restored well, however, making money out of restoring minis and selling them on is extremely hard!



#5 mab01uk

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Posted 01 December 2013 - 01:07 PM

Well worth restoring but doubt much money to be made yet.....don't strip it for parts if possible....clean standard tax exempt Mk3's (pre-rod change Mk4 shells) will be the next big thing! :thumbsup:



#6 alex-95

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Posted 01 December 2013 - 01:18 PM

Like above it's difficult to make money from restoring them, But it's worth restoring. You are going to get the most money by returning it to original.



#7 Tamworthbay

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Posted 01 December 2013 - 01:19 PM

Restore it definately. Worth very little in parts and would be a shame to see another one disappear.

#8 minidave1991-89

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Posted 01 December 2013 - 01:25 PM

Original it is then!
Thanks for the feedback guys

#9 minidave1991-89

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Posted 01 December 2013 - 01:31 PM

Any idea what it could be worth on completion, roughly?

#10 minidaves

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Posted 01 December 2013 - 02:16 PM

early mk3 are rare as everyone scraped them to ring cars for tax exempting and shipping to other countrys



#11 jpw1275

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Posted 01 December 2013 - 06:26 PM

early mk3 are rare as everyone scraped them to ring cars for tax exempting and shipping to other countrys



Ooooo sounds good, I'm just in the middle of restoring my early mk3 and as a bonus he's tax exempt in April......:0)

Mines not for selling .... I've spent too much time and money now lol

Cheers james

#12 jpw1275

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Posted 01 December 2013 - 06:26 PM

Definitely restore

Cheers james

#13 mk1leg

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Posted 01 December 2013 - 10:44 PM

yes restore it........back to orignal........ :highfive:






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