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Perfectly good Stag going to the scrap yard

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    Perfectly good Stag going to the scrap yard

    I wonder whether I am the only Stag owner during the present financial crisis contemplating scrapping a perfectly good Stag. In my case it is a 1976 Mk11 auto with 79k miles and in a very attractive condition. Andy Mathers will confirm. The engine was rebuilt 12k miles ago and has oil pressure to die for. The bodywork looks fine but in an ideal world would need £200/£250 spending on it to tidy up some small paint bubbles. The hard top has seen better days but the chrome varies between good and excellent. The bumpers in particular both front and rear are excellent. There are no tears in the interior trim.

    The car was inspected by a classic car dealer last week, and he told me I had priced it correctly at £5,250 ono. He said that should he buy it he would want to make a grand profit on it, so not surprisingly the sums didn't add up for him. I have advertised it over the past month or so and have received only 2 calls apart from the dealer. The first caller onlywanted to ask my adviceabout paint codes(!) and the second call was a hoax call from a rather sad young gentleman with mental difficulties.

    I shall persevere for the next few weeks with the advertising and then I shall take it to the Newby Hall gathering in July. Another option would be Ebay. Yet another option is to scrap it. I am reliably informed there is over £4,000 worth of scrap in the car, so this is fast becoming an attractive option. Yes I know one less Stag on the road would be a shame - a great shame - but it is costing me about £1,000 per annum just for storage, tax, insurance and MOT - let alone any maintenance costs.

    It is well known in the north east that I have, more or less singlehandedly,kept numerous automotive organisations afloat with my generous patronage over the past 20 years or so since I bought my first Stag - but enough is enough guys -I think it is time I cut my losses!


    #2
    imported post

    Hi Robert,

    not the best time to be selling a car. Given the scrap value of the car, the need to dismantle and deal with multiple potential buyers and the associated hassle and the price point and profit margin the dealer discussed, a bit of haggling with the dealer should get it over the line.


    I cut my losses - see my thread symmetry of last summer.

    Comment


      #3
      imported post

      £4k worth of scrap!! Breaking it might see £12-1500 tops. Right now nothing is hard to come by or particularly expensive

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