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Re: Should I buy back my 69 MGB GT for $1000?

Subject: Re: Should I buy back my 69 MGB GT for $1000?
Date: Mon, 18 Feb 2002 11:38:17 EST
In a message dated 2/18/02 11:24:20 AM Eastern Standard Time, writes:

<< > Andrew, great web-site. I used to own a 69 MGB GT and due to children 
 > it in 1984. Last Saturday I ran into the guy I sold it to and now he wants
 > to sell it back to me for the same amount I sold it to him years ago. He
 > did not drive it much and it has been stored, but it needs a lot of work.
 > Carb's, front steering, seats, dash board is cracked etc.
 > The price that he is asking is $1,000.00 (he did have the engine rebuilt).
 > A couple of questions. How much do you think I should budget for the
 > restoration based on the little information I have supplied. Would you
 > guess 3,000? 5,000?. Then can you point me towards someone who could do
 > the work? Thanks Dave from Minnesota.  >>

I *think* Andrew meant to say that $1000 isn't bad if it is free from rust.  
Steering rebuild can be $500-$1200 or so, depending on condition of the rack, 
if you do it yourself--most of it is very doable, I have discovered.  Send 
the carbs off for rebuild, several hundred there.  Seats'll run you $300-400 
depending on degree of trouble involved (frame, for example).  Cracked dash 
can be done for less that $75 if it is just the top and you don't mind that 
glue-on cap, which really looks great--hard to distinguish from the real 
thing.  Otherwise, a full dash replacement is a real process, heavy man-hours.
FWIW, if the body is straight and rust free, and the rebuilt engine--worth 
about $2000 right there--seems to run well without burning oil, I'd say its 
not a bad deal.

Jay Donoghue
66 Mustang

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