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Author: Subject: I have been offered... Can you help
Nash

posted on 21/4/09 at 06:06 PM Reply With Quote
I have been offered... Can you help

Evening good people. New to MK Indys. More precisely buying one.

Now to the question: A friend of mine (mate of a mate really) has been building an MK Indy for the last 18 months with his son, with the intention of his son using it when he passed his test! His son has now passed his test and bought a Fiesta! (go figure). The Indy is 95% complete (aren't they always) but has not been SVA'd / IVA'd at this point. It has a x-flow engine and the bits that are complete are well finished but it is still a little way off.

The Spec is as follows:
MK Indy Chassis
MK Indy panels predominately (ali sides are homemade)
1300 x-flow +90 bore (this was for cheaper insurance for son)
A3 cam + xr2 valveset
Sierra 5 speed box and diff (not LSD)
Sierra brakes (Discs front and drums rear) Fiat PRV for brake bias adjust
Mexico manifold
Std Sierra carb (but has injector manifold which was something he was moving towards)
Wiring complete
Needs trimming for SVA (IVA)
15" Ford wheels (XR2 I think)

He is open to offers from me but would SVA / IVA if money wasn't acceptable and then put it on the open market.

So what do we think its worth and should I be even considering it? If so does anyone have a feel for the offer I should be pitching. My gut feel is £2,750 and stick at £3k tops?
...... Anyone.


Any / all advice welcome

Thanks.........Neil





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lotusmadandy

posted on 21/4/09 at 06:11 PM Reply With Quote
Its a Bargain at 3k i would grab it before
someone else gets it.Mine cost me double that to build and most of the work is done.

Andy

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oldtimer

posted on 21/4/09 at 06:18 PM Reply With Quote
Sounds reasonable, the 95% is interesting - by weight, number of parts??
Most of us are very aware that it very easy to count the twenty or so largest components, it's the other couple of hundred little ones that cost time, money and effort.

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Mark Allanson

posted on 21/4/09 at 06:37 PM Reply With Quote
quote:
Originally posted by oldtimer
Sounds reasonable, the 95% is interesting - by weight, number of parts??
Most of us are very aware that it very easy to count the twenty or so largest components, it's the other couple of hundred little ones that cost time, money and effort.


The 95% is gauged with the same optimism that made them think they could finish it in the first place!





If you can keep you head, whilst all others around you are losing theirs, you are not fully aware of the situation

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Nash

posted on 21/4/09 at 06:53 PM Reply With Quote
The 95% is based on the time left to complete. I've known Chris (the builder) for 20 years although I moved away from the area for work so we only really catch up when I'm back in the area visiting, blah blah..... anyway..... his workmanship is very good and the quality is in the detail of the finish.

I was unsure about the engine / box / diff config as I was really looking for a zetec unit. But the price was very attractive and I could always upgrade over next winter.

So I guess the consenus is sounds like a bargin? If thats the case what money would be top dollar?

Thanks again.......Neil





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stevebubs

posted on 21/4/09 at 07:09 PM Reply With Quote
yes - crossflow to zetec is a doddle...even the exhaust goes the same side....
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prawnabie

posted on 21/4/09 at 09:02 PM Reply With Quote
Make sure he has documentation/photos of the build as there have been a few people on here who have bought projects only to be scuppered because they have no evidence it is an amateur build!

Thanks

Shaun

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Nash

posted on 21/4/09 at 09:08 PM Reply With Quote
quote:
Originally posted by prawnabie
Make sure he has documentation/photos of the build as there have been a few people on here who have bought projects only to be scuppered because they have no evidence it is an amateur build!

Thanks

Shaun


Hi Shaun,
What do you mean scuppered as they have no evidence it is an Ameteur build?

........Neil





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prawnabie

posted on 21/4/09 at 09:52 PM Reply With Quote
For SVA you need eveidence it is an amateur built car (i.e photo evedence that you (or someone you are pretending to be lol) building the car.

I havent been through an sva, but there are a few threads with people in that predicament and not being able to prove the car was built by them.

http://www.locostbuilders.co.uk/viewthread.php?tid=111015

http://www.locostbuilders.co.uk/viewthread.php?tid=107248

there you go, there are more if you search the forum for "amateur build"

[Edited on 21/4/09 by prawnabie]

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Nash

posted on 21/4/09 at 10:25 PM Reply With Quote
Thanks Shaun!

One question that was not answered in those threads was why does it make a difference commercial or amateur built?

Any ideas?

.......Neil





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prawnabie

posted on 22/4/09 at 11:45 AM Reply With Quote
Hi

Apart from the obvious differerences I am not sure why youn eed to declare one or the other - I know little about the test and paperwork side of it, but Im sure someone will pipe up soon with the relevant info!

Shaun

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