Field Find: 1961 MG MGA 1600 Convertible Project – $2,500
Your mission should you choose to accept it: The seller wants $2,500. The Hagerty Insurance estimate for a #2 restored example is $29,900. You’re left with $27,400 to restore this 1961 MG MGA project car currently listed here on Craigslist in Whitehouse Station, New Jersey before you start losing on the project. As always, if anyone asks, disavow the true number of what it cost you to restore this car.
The son of the deceased owner of this MGA since 1974 decided to “move on from the idea of restoring it myself.” and has it listed for $2,500, which the Hagerty Insurance Online Valuation Tool confirms is $6,400 below the #4 “Fair” (Daily Driver) estimate of $8,900. If you’re willing to take the plunge and are willing to negotiate in person, you can start the conversation by calling or texting John at (908) 323-5239.
Based on the extensive pictures provided, we think this MGA has been been sitting out far too long to be a viable restoration project. Not only does the body house extensive rust, this MGA comes with a seized motor with the head stored in the trunk. About the only hope this MGA might be worth restoring lies in the seller’s statement, “I believe it was a race car of some sort.” to determine whether this car has any provenance. We’d likely walk away once we saw this car in person, but we’d love to hear whether you think this MGA is still worth restoring. Good luck with the purchase!
Here’s the seller’s description:
“Up for sale is a 1961 MGA Roadster Convertible. Car needs full restoration. Has a B-Series engine bored to 1950cc and also an MGB Overdrive 4 speed trans. Lots of engine work done to it back in the day including custom cam by Big Brown, bottom end and head-work. Also of note is the front bumper is aluminum, not chromed steel. Motor is stuck, but liners filled with mystery oil to preserve. Car was painted 1967 Cadillac Crimson Firemist metallic. Before my father owned it (purchased 1974), I believe it was a race car of some sort. My father has passed and so I have decided to move on from the idea of restoring it myself. Clean title, anything you want to know call me or text me. Last driven in 1981. Original seats and many parts included with sale such as an OEM grille shell.
$2500, no BS. If interested in more details or pictures call me, and I’m negotiating in person only. Thanks.”
Do you think this MGA is worth restoring or not? Comment below and let us know!