Hi Robert,
I just bought an 82' 911 SC but have been an Austin-Healey 300 MK 3 ( BJ8) owner for about 9 years.
This cars sounds like it needs lots of work for 18K given the model of Healey. The old saying buy the best car you can afford applies to Healeys especially. In fact, I think they had this make in mind when they came up with the saying!
The cost to restore one, even in a minor way is VERY expensive and parts have skyrocketed in the recent decade!
I bought my car for 25k in 2001 and it had been totally restored but needed LOTS of TLC. I have done all my own maintenance work on it as fortunately it was a solid car to begin with.
I might be able to get 45k for it now but would never sell it. Be very careful with these cars as trying to roll them over for a profit is a dangerous game! I would not recommend you try. Buy the car because you love it!
I would tend to pass on this car and look for a more finished albiet expensive car if you can...Also,if you can, get someone knowlegeable on Healeys near you to look at this project and make sure they have a flashlight!
I would suggest you place your post in the Healey portion of the British car forum..
www.britishcarforum.com Here is a photo of my car taken this past Summer...A 1966 Ice Blue Metallic BJ8.
If you have any more questions or concerns let me know.Scot
