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Buying A LBC (little British car)

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First you must learn to read between the lines of some of those advertisements

Description

Meaning

One owner

Hertz

Ideal for enthusiast

Total restoration needed

Slight attention needed

Needs major overhaul

Good mechanics

Bad body

Good body

Bad Mechanics

Marriage forces sale

It can be done in a MG, they did, and must get married

Stored two years

Most parts seized, grass in chassis

No dealers

No body who knows anything about cars, please

Collector's item

Price is over-inflated

Good t tires

That's all that is good about it

Excellent condition

Buyer beware

Genuine reason for sale

I've got to dump it

Company car forces sale

I've got a better job and getting a decent car

Baby forces sale

Can't pour any more money into this thing

House forces sale

Neighbors complaining

In need of total restoration

In pieces

Lack of time forces sale

Spent more time than it's worth

Dismantled for restoration

I can't put it back together

Slight accident damage

Total write off

OBO (or best offer)

I don't expect anything near the asking price

Offers

I haven't the nerve to put a price on the car

Used daily

High mileage and jillion things wrong with it

Genuine mileage

Disconnected speedo-cable

Drives good

Looks terrible

Strong runner

same as above

Owned by careful lady

The others were maniacs

Will bargain

I'll get mad, you won't buy the car and I'll hit you

Will consider trade

Anything to get out from under this dog

Thank you Sandy Sanders Cambridge, England

But Seriously...

If your are anything like me, you get so excited while looking at that "new" car that you forget all the crucial questions. Print out this link and take it with you when you go to look at a potential car. It helps to make a more objective analysis.

Prices

I think is silly to give a list of prices you should pay for a car when there are so many variables involved (condition of car, area of the country, etc.) The only advise I have is that you should buy the best you can afford. You can pay $4000 for a nice car and maybe spend $1000 to make it perfect, or spend $800 on a basketcase and easily spend a lot more money and many years work to get it to the same condition you could have paid for in the beginning. Never underestimate the cost of new parts or outside labor. A nice car probably means more work you can do and less you will have to farm out. Also, if you can find a pretty complete "parts car", it will pay for itself many times over.

Where to Buy

Of course I recommend the "MG's Only" classifeds for MG's and Sprites as well as local newspaper classifieds.

mgcars.org
classifieds2000.com
collectorcartraderonline.com
www.carscene.com

Hemmings Motor News makes a wonderful book of everything auto related for sale, trade, wanted, etc. But be warned. You will spend many hours drooling and "shopping". Anyone remember the Sears Wish Book that came out just before Christmas?