Quantcast
Do you know your car's MoT and mileage history? Our user profiles will show you for FREE | No thanks

Midas Reviews

Midas In Kit Form

In 1975 Harold Dermott, the ex-Jaguar engineer, brokered a deal with Marcos cars to take over production of innovative little Mini-Marcos. He continued sales of the Marcos, but cleverly used the profits to invest in a new model, inspired by the 1960s original. Dermott commissioned Richard Oakes to design a new body and interior - and in 1978, the result was the appearance of the all-new Midas, launched at the1978 Performance Car Show in London.

The car was updated in 1981, with assistance from Brabham Formula 1 designer Gordon Murray, and made available in three different versions - Gold, Silver and Bronze. The Midas proved surprisingly successful, and in order to meet demand, the company moved to a new factory in Corby, Northamptonshire and the company name changed to Midas Cars Ltd. The Midas range was once again improved in 1985, but all production stopped in March 1989 when the premises were destroyed by fire - and this proved a damaging blow, which Dermott never recovered from. He sold the rights to Pastiche cars - and through a confusing series of ownership changes, the car remains in production in facelifted form today, sold as a kit.

Read more about Midas on AROnline

Good: Fun to drive, capable of out-cornering hot-hatches, Mini mechanicals, easy to maintain
Bad: Hard to get hold of
Good: Nice development of the Bronze, using Metro running gear, and featuring updated styling
Bad: Sadly just as hard to find as the Bronze
 

Ask Honest John

Amount to borrow
Sorry. The minimum loan amount is £1000
To pay back over

My credit score

Best available rate 9.20%

Total repayment £9,304.93

Total cost of credit £1,804.93

£155.08

60 monthly payments

Apply now

Representative example

The Representative APR is 13.2% (fixed) so if you borrow £7,500 over 4 years at a rate of 13.2% p.a (fixed) you will repay £199.21 per month and repay £9562.20 in total.

;