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Golf GTI Mk4 - Resurrect a Mk4 GTI or Not ?

Long story but I was given a GTI from my brother who has moved abroad.

I put it in for an MOT knowing as it had been sat for two years it was going to fail on a lot...and it did !

A local guy who is a good mechanic and works from a unit has quoted me for the work. I dont think the prices are by any means incorrect...so the question is for a 1984 8v Gti ( first of the mk2's ) special edition ( has decor seats ), 186k miles...is the car going to be worth say £1500+ after I spend the £800...BUT bear in mind the bodywork also needs tidying up ( at least one door, boot catch, window seals etc )

This is the list
Totals including labour

Exhaust emissions carbon monoxide content excessive (7.3.B.1a) £ 110.00
Nearside Front Outer Anti-roll bar linkage rubber bush deteriorated £ 17.00
Offside Front Outer Anti-roll bar linkage rubber bush deteriorated £ 17.00
Nearside Shock absorber has a serious fluid leak (2.7.3) £ 75.00
earside Rear Brake hose ferrule excessively corroded £ 20.00
Nearside Rear Brake hose ferrule excessively corroded £ 15.00
Offside Headlamp not working on dipped beam (1.7.5a) £ 3.00
Offside Headlamp not working on main beam (1.7.5a) £ 3.00
Nearside Windscreen wiper does not clear the windscreen effectively £ 2.50
Offside Windscreen wiper does not clear the windscreen effectively £ 2.50
Rear Exhaust system not adequately supported (7.1.1) £ 10.00
Nearside Registration plate lamp not working (1.1.C.1d) £ 1.00
Nearside Front Tyre has a bulge £ 30.00
Offside Front Tyre has a lump, £ 30.00
Offside Rear Tyre has ply or cords exposed (4.1.D.1b) £ 30.00
Rear passenger door does not latch securely closed (6.2.B.1a) £ 10.00
Service brake: efficiency below requirements (3.7.B.7) £ 25.00
Nearside rear brake recording little or no effort (3.7.B.5a) £ 85.00
Offside rear brake recording little or no effort (3.7.B.5a) £ 85.00
discs and pads all round needed, the front with parts and labour £ 75.00
coolant change and new thermostat , with labour £ 40.00
new rocker cover gasket, with labour £ 12.00
timing belt and tensioner, new drive belt + labour £ 115.00


I know its an enthusiasts car and I am not shying away from that but my budget will be tight so I need to know that I would at least get my money back if the worst cam to the worst and I had to sell it

cheers

Comments

SLO76    on 20 June 2017

If it's a Mk II it'll easily be worth £1,500 with a years Mot and in good running order especially freshly serviced with a timing belt and water pump as listed. If the thing is solid I'd certainly be going ahead with it. Tidy Mk II's are easily worth north of £3k and immaculate cars can exceed £7-£8k. Don't scrimp on it though! These are genuine classics and well worth preserving.

The confusion comes from your title though. The Mk IV 2.0 (1984cc) was not a particularly good car and will never be a classic so if you mean one of these then no, it won't be worth spending the money.

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