All owners see the future of the mg (Page 5) : MGB & GT Forum : The MG Experience

Re: All owners see the future of the mg #61
Goodonme Jay M Tucson, AZ, USA Sign in to contact	Topic Creator (OP) Aug 13, 2015 06:08 PM Joined 10 years ago 44 Posts

Wow you all keep missing it, lol

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Re: All owners see the future of the mg #62
Ex-Calif Dan D Dayton, OH, USA Sign in to contact 1968 MG MGB GT "Bart - Yellow And Naughty" 1977 MG MGB "Red Betty" 2006 Suzuki Grand Vitara "Suzi Q" 2012 Jeep Liberty "Tommy The Tank"	Aug 13, 2015 06:25 PM Joined 10 years ago 8,992 Posts

Let me try. New owner saw car requested work. In other words new owner specced the car. "Flipper" just did what new spec owner requested. Flipper reuested 50% up front to do spec work.

I dont really have any issues with this. If new owner bought car and had work done it would be a similar amount. 2k in labor seems reasonable. I wouldnt have done it but many would. Life goes on in MGB land.

Grammar and spelling made it a challenge to figure out.

The goal - Reliable summer driver interspersed with mechanical tinkering...
Motto - "Driving fifty in the twisties..."
On Mods - It's your damn car - Do what you want. Haters gonna hate...
On SUVs - Drive your B like a soccer mom is texting her friends about how she wants to kill you...
Red Betty - http://www.mgexp.com/registry/GHN5UH418165
Bart - http://www.mgexp.com/registry/GHD4U146898G

Edited 1 time(s). Last edit at 2015-08-13 06:26 PM by Ex-Calif.

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Re: All owners see the future of the mg #63
Goodonme Jay M Tucson, AZ, USA Sign in to contact	Topic Creator (OP) Aug 13, 2015 08:42 PM Joined 10 years ago 44 Posts

A man has to know his limitations , at least you know yours. Lol

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Re: All owners see the future of the mg #64
Goodonme Jay M Tucson, AZ, USA Sign in to contact	Topic Creator (OP) Aug 13, 2015 09:01 PM Joined 10 years ago 44 Posts

Just call me flip , Test car experts 1975 TR6 run needs tranny work 87000 miles straight no rust what's it worth , 1. Needs int, 2 paint, 3 .? Let's see how smart some of you British sports car experts are and tell me what I should have payed,

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Re: All owners see the future of the mg #65
ohlord Rob C A tiny Island off the coast of Washington State, N.W., USA Sign in to contact 1957 Land Rover Series I "EYEYIYI" 1957 Land Rover Series I "OVRLND" 1971 MG MGB 1971 MG MGB "Bedouin 2" & more	Aug 13, 2015 09:05 PM Top Contributor Joined 14 years ago 28,879 Posts

I can go out on any day and buy a 9K MGB and turn 3K profit with no more work than an inspection.
Seems like you are missing some skills. LOL eye rolling smiley

as well as the point.
And it won't be an overpriced dressed up late model.
We've yet to see a picture of this outstanding MGB that you took from a bargain beater and made to walk on water, Apparently.

LNDRVR4X4.COM
Home of Project "INCARN8'

1957 Series 1 Land Rover electric VEHICLE CONVERSION

FIXITUPCHAP.COM
FIXITUPCHAP INCORPORATED

RD3 Radar/ Electronic Warfare Technician
VIETNAM 1969-1972

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Re: All owners see the future of the mg #66
Rick Fawthrop Richard Fawthrop Langley, WA, USA Sign in to contact 1960 Austin-Healey Bugeye Sprite 1974 MG MGB 1994 Mazda Miata	Aug 13, 2015 09:45 PM Top Contributor Joined 14 years ago 8,151 Posts

I will be 60 in October. I have been doing the flipping and used car stuff since I was 16.
The funny thing is, there is more money to be made taking the cars apart rather than putting them together.
I was taught if you take good cars apart you will have good parts to sell.

The project that I have been working on ended last Friday.
I got a call today from someone asking if I could re-pipe their house for a little cheaper than the 8k they were quoted.
That works out to about 2k per day.
The money is not in flipping cars.

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Re: All owners see the future of the mg #67
mgbanthony Anthony Henderson Long Beach, ON, Canada Sign in to contact 1962 MG MGB 1974 MG MGB	Aug 13, 2015 10:11 PM Top Contributor Joined 20 years ago 13,986 Posts

In reply to # 3060659 by Goodonme Just call me flip , Test car experts 1975 TR6 run needs tranny work 87000 miles straight no rust what's it worth , 1. Needs int, 2 paint, 3 .? Let's see how smart some of you British sports car experts are and tell me what I should have payed,

I'd suggest you pay up to $15K for a 75 TR6 needing the work you describe. Please let us know how that deal works out for you....flipping Bs knowing nothing about them and making money is just possible as they are a simple, well built, well engineered car.

TR6s not so much.....after that I'd suggest you branch out into Jaguar E types and Alfas.
Have fun!

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Re: All owners see the future of the mg #68
Goodonme Jay M Tucson, AZ, USA Sign in to contact	Topic Creator (OP) Aug 13, 2015 10:52 PM Joined 10 years ago 44 Posts

Now iam getting it mg owners stuck in there world ! Can make 2000.00 on any mg I buy the art is in selling the sizzle not the steak ! Made 2750.00 on my first one , the TR6 your way off payed 5700.00 will put 15000.00 to 18000.00 in it down side long project 90 days . It will bring 30k 35k easy . Need some more mgs the hunt starts ! Mgs are a low profit flip but so easy .

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Re: All owners see the future of the mg #69
mgbanthony Anthony Henderson Long Beach, ON, Canada Sign in to contact 1962 MG MGB 1974 MG MGB	Aug 13, 2015 11:06 PM Top Contributor Joined 20 years ago 13,986 Posts

In reply to # 3060723 by Goodonme Now iam getting it mg owners stuck in there world ! Can make 2000.00 on any mg I buy the art is in selling the sizzle not the steak ! Made 2750.00 on my first one , the TR6 your way off payed 5700.00 will put 15000.00 to 18000.00 in it down side long project 90 days . It will bring 30k 35k easy . Need some more mgs the hunt starts ! Mgs are a low profit flip but so easy .

You paid $5700 for a TR6 that needs paint, an interior and a transmission. Looks good on you. Just so you know it will also need so, so much more. You have no concept of how far upside down you will be in that little project.

Do you do this for a living or are Mommy and Daddy subsidizing your little delusions?

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Re: All owners see the future of the mg #70
Rick Fawthrop Richard Fawthrop Langley, WA, USA Sign in to contact 1960 Austin-Healey Bugeye Sprite 1974 MG MGB 1994 Mazda Miata	Aug 13, 2015 11:16 PM Top Contributor Joined 14 years ago 8,151 Posts

There are a lot more cars than buyers where I live.
It took the flipper that bought mine about two years to sell it.

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Re: All owners see the future of the mg #71
Goodonme Jay M Tucson, AZ, USA Sign in to contact	Topic Creator (OP) Aug 13, 2015 11:22 PM Joined 10 years ago 44 Posts

Doesn't need a tranny just a rebuild no rebuild on the motor no body just paint and interior this is my 3rd TR6 know the car well and of course 2500 to 3000 in other BS can't just put lip stick on this pig promise you won't be in the car more than 25k. As far as jags done two 120s and a 140 loved that car just so much to restore now 140 had 58k in it when done sold it for 73k now it's in Germany love to buy it back iam a sucker for that car .

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Re: All owners see the future of the mg #72
gphackney Gregory Hackney West Linn, OR, USA Sign in to contact 1969 MG MGB GT "FrankenGT" 1969 MG MGB GT "Betty"	Aug 13, 2015 11:27 PM Joined 11 years ago 434 Posts

Pictures or it didn't happen.
Talk is cheap.
Internet posts are free.

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Re: All owners see the future of the mg #73
Goodonme Jay M Tucson, AZ, USA Sign in to contact	Topic Creator (OP) Aug 13, 2015 11:31 PM Joined 10 years ago 44 Posts

Your right always tuff to sell . But learned early car guys are not sales guys car guys take it to personal that's obvious on this forum mg owners take this car flipping the wrong way funny really. Almost jealous mg owners cry how there car isn't worth that much but won't sell them , what does that mean ,

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Re: All owners see the future of the mg #74
Goodonme Jay M Tucson, AZ, USA Sign in to contact	Topic Creator (OP) Aug 13, 2015 11:37 PM Joined 10 years ago 44 Posts

Worst mistake you can make you show pics when done not before . When your done you use those pics to paint a picture for your buyer . My god

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Re: All owners see the future of the mg #75
Rod H. Amity, OR, USA Sign in to contact 1964 MG MGB 1968 MG MGB GT	Aug 13, 2015 11:52 PM Top Contributor Joined 22 years ago 33,648 Posts

Here are a couple pictures for you, Jay. Enjoy!

"If I knew where the good songs came from, I'd go there more often."

Leonard Cohen

1439527624212-1462102845.jpg 10.9 KB

1439527833400409013365.jpg 15.6 KB

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