The Triumph 2000 / 2500 / 2·5 Register Forum

idiot, keep it shut

Ted

I not having a go.................and yes I and Dave have mentioned resto costs, which is the major factor when potentially purchasing a car.
If money was no object, then I personally would try and save them all but alas it is an issue

I do not think you are mad in restoring your car BUT.................why did you?..............sentimental reasons?

What trying to say is :-

1. if you can afford to buy the best car you can within budget like I am doing next year. This car requires no work and as been bare metal resprayed and I can buy this for under £5k. This is cheap when you price up a car that wants resto work. As you say your MK1 as cost upto £3k so far and I bet that you had most of the parts?.
So if you have to first buy a car, then buy the bits, then pay for somebody to do the welding and paint it soon mounts up. You are talking £2k for a decent paint job nowadays..............so a car that you buy for £800-1000 and requires work can soon be into a £7k car.............that what I mean when I say not financially feasable......... sad but true

My latest MK1 PI cost me nearly £3k to get on the road and that needed front wing, rear arches, sills, some inner arch repairs and paint in repaired areas....................this was mates rates and I had most of the panels...

To get the sills done properly................it is about £700 per side..........

My mate as spent over £20k getting his MK1 PI totally restored and he as not yet finished........

Just food for thought..........

Like said not a dig as I hate to see any car destroyed.

just to put some perspective on this, ignoring all the other banger meets thought the country throught the year, there is ONE meet due shortly that happens ever year, that normally sees the death of nearly 80-100 of our cars, YES you read it right !!!!!!!!!!!!

dont get me wrong, each to thier thier own, im not having a pop at the banger boys, they do what they do and we do what we do, and most of them do make the parts they strip available to us, so good on em for that.

i am guilty of racing our cars 20 years ago and still enjoy watching the videos of me doing so, i had great fun and it is where i built my very vast stock from, but in my defence, the cars were still " every day " items back then and people used to pay me to take them off thier driveways !!!!!!!!

had i had a crystal ball back then, perhaps i would of done things diff ??

anyway, that was then, this is now, AND IT NEEDS SORTING.

people like us join clubs for many reasons, one of the main being, helping to preserve the cars we love, and i do love em, they are fab, so come on, pull your fingers out and do your bit, however small or large that may be.

many thanks

lloyd

As you say Llyod alot of banger boys that I know are either reformed characters ( alot of my mates are) and are restoring our cars. As you also say the banger boys that are still racing do offer the bits of cars and will only usually race cars that are too far gone. Saying that they will spend alot of money getting them ready for the track.......

All,
I am currently restoring/renovating a Mk1, some of you may have seen progress in the 'projects' section of this forum.I havnt recently added up the total costs thus far.., suffice to say it is way in excess of even the most optimistic market valuation.
A few have said that i must be a touch mad to invest in the car the money i have, they may have a point..,however, i am building a car that is my idea of an ideal Mk1, it will not please all because it is non standard,eg 2.5l engine,no bumpers etc etc. Realistically i will never recoup the renovation costs with my car, BUT, i am taking a ten year view. Tricky ,i know, but the car will be a keeper and hopefully will be reliable enough and have sufficient dynitrol pumped into it to help preserve the structure and mean it will stay in good order. This thread is going in a positive direction and i for one would be happy to assist/fund any joint project on the basis Lloyd has outlined ,
cheers,
Laurence

Lloydpiestate wrote:idiot, keep it shut

Yes we are mates!

Ted

laurence wrote:All,
I am currently restoring/renovating a Mk1, some of you may have seen progress in the 'projects' section of this forum.I havnt recently added up the total costs thus far.., suffice to say it is way in excess of even the most optimistic market valuation.
A few have said that i must be a touch mad to invest in the car the money i have, they may have a point..,however, i am building a car that is my idea of an ideal Mk1, it will not please all because it is non standard,eg 2.5l engine,no bumpers etc etc. Realistically i will never recoup the renovation costs with my car, BUT, i am taking a ten year view. Tricky ,i know, but the car will be a keeper and hopefully will be reliable enough and have sufficient dynitrol pumped into it to help preserve the structure and mean it will stay in good order. This thread is going in a positive direction and i for one would be happy to assist/fund any joint project on the basis Lloyd has outlined ,
cheers,
Laurence

No it don't please me mate.............

Can't wait to see it and glad those Big Six Men Of steel made you aware of "our cars" potential..................

As you alreasdy know...........you have caught the BIG SIX bug

Lee the point I am making, and as Laurence has intimated, is that cars come up for sale and people start saying they are not worth the money because of the restoration costs. And then they go on to say that the car must be kept out of the hands of the banger boys who WILL pay the price being asked.

Ultimately a car is worth what people will pay - and if that means the only people prepared to pay the price will be going out to wreck it in pursuance of their hobby/interest then who are we to complain. If one really believes cars should not go to be banger raced then they must be prepared to pay prices which keep them out of their reach.

It may be that once we have this group that Lloyd is proposing people will accept lower prices if sold to this group.

My point is that like Laurence says it should be the long term view now or we WILL simply lose lots of the cars, especially the 'interesting' ones. What Lloyd is pushing for is fine for the 'ordinary' car needing much work where value is low and I am supporting it, but to find people saying that cars of interest (especially early ones) are not worth much simply because the resto costs are high is worrying and a recipe for disaster.

The two car's that I exampled previously (Nic's estate and EFH the early 1964 car) must sometime (soon I hope) have premium value because of their age or position in the production record. High resto costs will then be overtaken by the value of the car. Nick would love to sort out the estate himself he tells me but his circumstances mean it is not possible because he needs a working car not a project.

I suspect that EFH once sorted would fairly rapidly gain a resale value to cover its resto cost. Or will the number be sold on and the car end up as 'banger' fodder so that we will lose another early car.

My own car I have been prepared to spend 'silly' money on for three reasons.
1. It is our old car that we have had for nearly 25 years.
2. It is one of the oldest survivors and needed to be kept though some others have turned up (like EFH) which are older which pleases me.
3. It has all the early car characteristics - narrow gearbox tunnel, non hooded warning lights, bacofoil ignition/choke/switch panels etc. etc. which puts me into a fairly elite group of early car owners.
4. Maybe some time in the dim and distance future its value will overtake its restoration cost though I hope it will pass on down through the family.

I do wonder how many people see an interesting car come available which they would buy and restore but get put off by people saying 'not worth it' ' resto costs too high'.

What happened to the principle that it is often better to buy a car needing work so that you get it done and know it is done properly, rather than pay good money for a car that seems really nice and then find over the next few years it needs work which would be similar to a un-restored car.

That is what trying to say and totally agree..........
And without going around in circles, IF had the money I would do a total resto but to do this correctly it costs thousands and I know you will never ever get back what it costs and that is not why we do it. End of the day we are only custodians of our cars.


All I and Dave have tried to do ( always give my thoughts and it as been received well by most) is to give people our honest opinion of cars we have seen. I for one would not like people to buy something and be burnt.........

End of the day it all boild down to what an individual can afford to pay

I am all for saving the cars.

Lloydpiestate wrote:just pasting a copy of a thread thats just being talked about on the ct forum, im sure between the two clubs, we can do this !!!!!!!!!!!!

hi lee,

hows things, well i hope.

the reason i posted what i posted is, apart from being a fab idea if we can find a couple of members etc with storage areas ( or members who know some one that has ) around the country, my personal intention is, as from next year to restore our fab cars from the groud up, nut and bolt resto"s, just as i am doing with my mk1 estate, and sell them on, thus saving our cars, hence one of the reasons for sorting out the panel situation.

if we can all chip in, say £100 each into the "pot" as fuzzy surgested, so we have funds to buy and save these cars, people like me can then buy back the cars from the "club" when we are ready to start restoring another one.

sounds easy dont it but in practice ??????

anyway, to me it sounds like a goer, we just need someone to take up the reigns on this idea and see what happens.

if it happens, there would need to be postings made to stop us bidding against each other so to speak, lots of other internal matters to iron out also, but hay people thets give it a go, WHAT DO YOU ALL THINK ??

lloyd

It's what I have been asking our "committe" to arrange for the last twenty-odd years. With funds being held we need oversight and some listing of what is (and will be) available. Without the club (or the setting up of a special "spares/project" club the danger is fragmentation of effort and loss of focus and thus finally closure.

Kev