Another aspect of our current task is to run the project as a business and therefore buy and sell cars/car parts to fund the building of our present 7. Part of our research for this included looking through local papers, ebay website, autotrader etc for anything that may be suitable for us to trade with, which after many weeks lead to the discover of another 7 type kit car for sale as an unfinished project. The MK chassis had had quite a lot of work done to it and included nearly all of the components to make a complete car bar the steering components, wiring and seats. Priced fairly competitively at £850 and located nearby at Crystal Peaks we decided a viewing was in order to asses its condition.
The viewing took place on Saturday afternoon and after being reasonably impressed with what we saw and some discussion with Jim, it was decided we would buy the car in the view to finish the build as quickly as possible with the remaining initial capital we had and then sell it on to recoup the majority of the money required to be paid back. This would allow us to finish the original car at a more relaxed pace and would hopefully make it a better car as the result of our experience gained working on the MK. This would also mean the majority of the money would be raised in one go rather than us constantly having to chase up small parts deal to recoup the rest of the investment.
After arranging a suitable time the car was picked up by trailer the following weekend and after some negotiation a further engine and gearbox were included in the sale for the original £850 asking price. Work would now be concentrated on the MK for the first part of the semester to get the bulk of the wok done with the aim to have it finished and sold by sometime in May.
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