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Should I restore my 1936 MG sports car or sell it as a 'barn find'?

A modest insurance policy has just matured and sitting in my garage for the last 20 years, or more, has been a 1936 MG sports car. Do these cars represent a good investment? Or would I get more mileage putting the money in a building society rather than spending it on the MG? It cost me £68 in the 1960s. The car is a 1936 MG TA narrow wing with MG registration. It is complete, needing light bodywork but it started and ran yesterday on a jar of petrol. I think about £5000 would put it back on road as a tidy car, so will probably go down that avenue.

Asked on 6 February 2012 by RB, New Brighton

Answered by Honest John
Depends on what sort of state it's in. One option might be to sell it as it is as a 'barn find' using an auction house such as www.historics.co.uk. The other is to get quotes for a full professional restoration. But with the MG’s wood-framed body I think that will cost at least £10,000 and could be £50,000 plus. MG registrations were by MG dealer University Motors, then situated in Park Royal London for which the registration letters were MG.
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