Now I fancy an MGTF... - Blue {P}
Hi guys!

I can't remember if I mentioned this yet, but I just got a call earlier in the week to tell me I've been promoted at work so I'm now making some decisions about what to do with my business.

I've decided I'm better off winding up the driving school (it's not yet fully established) as I cn't say no the promotion, this leaves me the issue of what to do with the car.

I'm well aware that my Focus is stil depreciating fairly heavily, and my answer, I think, is to swap it for an equal value MGTF which I honestly think will hold it's value better and be worth more in 3 years time than an equivalent Focus.

Another MAJOR factor in this is quite simply that I want one as I've fancied a soft top for a while now. Am I likely to be right about the value thing? I thought that even if the car stayed out of production it's residual should remain reasonable, if they put it back into production then it's a bonus!

I'd be swapping my 53 reg Focus for an 03 or 53 MGTF, probs the 1.8 135 (1.6 is too underpowered).

So, just looking for people''s opinions and advice about the likely pitfalls really, I already know that the engine is prone to HGF, I'll just have to hope that it doesn't happen to me in the 2 years or so that I'll own the MG, if it does, it shouldn't be too expensive to put right if caught early I hope! Also, I know that I don't really like the MX5 and have no desire to own one, likewise the MR2 doesn't really float my boat, although I might consider a decent specced one if it were available for £7K.

Ok people, do your worst :-)

Blue
Now I fancy an MGTF... - Blue {P}
Actually, just realised the only other convertible I would likely consider at this price is an older 3 series convertible on a 1998 plate(ish). Is that a better bet? I reckon it might be depreciation wise, but I've been bitten by a 3 series before so am a little sceptical about likely running costs compared to the TF...

Blue
Now I fancy an MGTF... - Pugugly {P}
What about an MX5 ? Get some reliability programmed in as well !
Now I fancy an MGTF... - Blue {P}
But I don't like the MX5, which defeats the object of buying it! :-)

Blue
Now I fancy an MGTF... - bell boy
if you fancy it (mgtf) buy it .............simple...........
its only money........................
you know the pro"s and cons.......

good luck........

consider a gold type warranty ......
Now I fancy an MGTF... - madf
Go for it. But be very fussy.
I write down my "musts" and refuse to compromise on them. It takes months but eventually you find what you want - providing you are realistic on price.

Buy in haste etc..:-)
madf
Now I fancy an MGTF... - landmarked
For piece of mind, why not ask an automotive engineer to fit a coolant level sensor linked to a buzzer on the dash? That way you'll eliminate most of the risk of gasket failure
Now I fancy an MGTF... - Xileno {P}
"....it shouldn't be too expensive to put right if caught early I hope!"

That's the problem - things can get very messy very quickly with the K Series due to the very small coolant capacity.
Brommers advice is good and a while back someone posted a link to a company that offers this service. Maybe someone can find it.

Personally I would not have any car with a K Series.
Now I fancy an MGTF... - Wilco {P}
There's these people...

www.ukmgparts.com/index1.html?o=113844931216598

Look under 'cooling'
Now I fancy an MGTF... - stunorthants
If it was my money, id stick it in the BMW convertible you suggest, pref a 320 as its a good combination of running costs and performance.
Older BMWs dont depreciate anything like a newer car and much as I like the TF ( my sister has a mint 51 plate MGF too ), if it was my money and I wanted some of it to be left in two years, cant beat a german convertible. Plus no worries about HGF either. Just buy with FSH and keep it up and its a safe place to put your money.
Now I fancy an MGTF... - colinh
From the car-by-car breakdown...

"..S and T platers 10th from bottom in 2001 Top Gear / J.D. Power Customer Satisfaction Survey. Second worst after FIAT/Alfa for breakdowns attended by German ADAC during 2001. 11th from Bottom of 100 models for reliability in Auto Express 2002 survey. 1.8 K Series head gasket failures website link www.shame.4mg.com Replaced by much improved steel-spring MGTF early 2002. 15th from bottom out of 137 models in 2003 Top Gear survey. MGF/MGTF 4th bottom model in 2004 JD Power Customer Satisfaction Survey..."
Now I fancy an MGTF... - SteVee
If you want one, then go for it.
I owned an MGF for 9 years and don't regret it - even though it was an expensive car to own.
I traded it when I couldn't be bothered to put the roof down anymore.

The head gasket problem is fixable - if it happens.
Brown and Gammons (and others) can sell you a coolant level alert.
I would check the bodyshell over very carefully and reject any modified cars (unless you really want the mods). Some MGs will have been on the track - these may be well sorted, looked after cars - or they may be thrashed. I'd be looking for the former over the low mileage, dry sundays only type car.
Try as many as possible - they will vary considerably

Make sure that you use the car as intended - join 'MGs on Track' and have some fun.

The boot is much more usable than some other small 2 seaters.
Now I fancy an MGTF... - stunorthants
I disagree with the dry sundays cars totally - when I was in a Rover service department back in 2000, the troublesome cars were the low mileage sunday cars doing head gaskets, pistons, even new engines in a couple of cases at 16,000 and 19,000 miles on cars that were 3 years old then.

The early cars (1995/6 ) with 60k + may have had worn trim, but they were the nicest to drive and never needed anything more than routine servicing - I know, I asked the customers as I had assumed they would be awful at that mileage, but not so according to them.
MGF/TFs need using and correct servicing - sitting them in garages for long periods of time is asking for trouble.
Id aim for something that has averaged 10k a year if you really must buy a TF and that has main dealer or specialist service history, even better owned by club member.
Now I fancy an MGTF... - SteVee
stunorhants - I think we agree on the 'avoid dry sundays' cars - I just didn't put my point across very well.
I would be looking for a car that had been owned by a MG car club enthusiast, and had been driven as intended.
I really would recommend driving as many as possible - they really do differ. Even when brand new, two different MGFs could be quite different !
I also agree with regard to the 'MGF/TFs need using and correct servicing ' Make sure the cooling system has been serviced (check the radiator and underfloor pipes) and the cambelt has been done
Now I fancy an MGTF... - TrevorH
MGF/TFs need using and correct servicing - sitting them in garages
for long periods of time is asking for trouble.


I'm approaching 150k miles in my F. I can confirm proper routine servicing is all that's been required - except for two corroded radiators, corroded under body pipes and a head gasket failure. The latter coincided with the second cambelt change which offset most of the cost if not the inconvenience. The first replacement clutch went in just this week, tyres last seemingly forever (70k on the fronts), insurance is reasonable at group 12 and I get approaching 40mpg on my commute. As for depreciation, I considered offloading mine 2 yrs ago when it hit 100k miles. The cheapest F was around 2k on Autotrader. Check now and there are still none advertised for under 2k. The price floor for convertibles with an MoT is significantly higher for most other cars, especially at this time of year.

The one downside at present is the heat. Some days I'd kill for aircon.
Now I fancy an MGTF... - Number_Cruncher
For piece of mind, why not ask an automotive engineer to
fit a coolant level sensor linked to a buzzer on the
dash? That way you'll eliminate most of the risk of
gasket failure



I think you mean a mechanic, or garage - or maybe, just maybe, a technician - almost certainly not an engineer!!

Number_Cruncher
Now I fancy an MGTF... - bell boy
I think you mean a mechanic, or garage - or maybe, just maybe, a technician - almost certainly not an engineer!!>>>>>>
>>>>>>
>>>>>.
>>>>>>>>>but someones got to hold the oily rag......
Now I fancy an MGTF... - stackman
I wouldn't be too confident on the depreciation front. The engine is highly susceptible to failure and there must be some question mark over future spares availability. Will you be able to get a replacement cylinder head in two years time ?

The long term values for any product fitted with a K-series engine from Metro to Freelander should give cause for concern.

If you can't bring yourself to buy an MX-5 then the BMW or MR2 should be the way to go.

I have 2 colleagues who recently bought cars with K series engines, one a 5 year old MG-F one a 55 plate Freelander demonstrator. Both have had to replace the head gasket in the last 2 months. The MG has a persistent problem with petrol fumes and the Freelander has the worst drivetrain of any car I can remember driving.
Now I fancy an MGTF... - landmarked
Apologies for the confused terminonlogy, at the back of my mind I had this chap down the road who used to perform aftermarket modifications (alarms, electric windows etc) as an income booster. Used to call himself an "automotive electrical engineer" - but in this case you are quite right, a mechanic will do just fine!
Now I fancy an MGTF... - Civic8
>>at the back of my mind I had this chap down the road who used to perform aftermarket modifications (alarms, electric windows etc) as an income booster. Used to call himself an "automotive electrical engineer"

I know a chap that does this and works for a national co-well did-he messed up so many times they sacked him,In fact he has a Rover that spends more time on driveway than on the road, because the HGF problem wont go away..I did tell him what he was doing wrong But he knows better,I feel sorry for his private customers who keep coming back because of problems with installations he has performed
--
Steve
Now I fancy an MGTF... - Civic8
Sorry,forgot to mention they do a thermostat mod for this car which should clear any poss of HGF
--
Steve
Now I fancy an MGTF... - Number_Cruncher
>>Apologies for the confused terminonlogy...

Sorry!, there's no real need to apologize - it is such a common misconception, but the pedant within me couldn't let it pass.

In some ways, calling a mechanic an engineer is akin to calling a bricklayer an architect.

Of course, jobs at all levels are valuable, and are different, many qualified and chartered engineers despite their technical knowledge are utterly useless with a spanner!!

I think that engineers themselves are somewhat to blame, because we don't tend to really communicate what we do, and the television programmes which attempt to cover technical subjects tend to gloss over the really interesting technical bits to present the populist and sensationalist parts (which of course they must to attract an audience).

In fact, I think the only other profession which suffers more from this promotional terminological inexactitude is librarianship - the people who set-up, manage, and run libraries are librarians, the people on the counter and re-stacking shelves usually aren't.

Apologies for diverting and hi-jackingthe thread.

Number_Cruncher




Now I fancy an MGTF... - Armitage Shanks {p}
I think Brown and Gammons do an oversize header tank too, although it might not fit into an F engine bay
Now I fancy an MGTF... - Tiffx19
If you can live with LHD,how about a Fiat Barchetta? Gotta be a classic one day,and in my eyes,much better looking than the MG
Now I fancy an MGTF... - BB
>>>>>>>>>but someones got to hold the oily rag......

As long as you pay £25 per hr through my ltd company and the rag is tax deductible, I don't mind what i "engineer" :)
Now I fancy an MGTF... - oldgit
Go and lie down, somewhere cool, until that yearning fades away or goes forever - DON'T do it. Look to the land of the rising sun if you want a 'sports' car.
Now I fancy an MGTF... - edisdead {P}
Ferrari's are made in Japan??? ;-)

Now I fancy an MGTF... - Lud
India apparently.
Now I fancy an MGTF... - peterb
Rover WILL depreciate quickly.... but only between the end of summer and the first warm day next spring!
Now I fancy an MGTF... - landmarked
There are three convertible MGs in the Bath Times classifieds this week - 3-5 years old, all £6-7K, all 20-30K miles. I wonder if any have had their first HGF?
Now I fancy an MGTF... - Blue {P}
Thanks for the replies guys, I should have known that any mention of MG would bring a lot of hits :-)

Well, after some browsing of Autotrader I'm starting to lean towards a much older 3 series, and bizzarely even my very car-agesist parents are more supportive of the BMW than the MG.

Thinking about the depreciation I also think the BMW is a significantly better bet, the age I'd be buying is about 9 years old so have already lost almost all of their value and I'm confident that if I paid £7K for one it would still be worth above £5K in a year or two's time.

Will keep you posted, I probably won't make the jump until the end of August, but I always like to do my homework :-)

Blue
Now I fancy an MGTF... - stunorthants
The great thing about the BMWs is that there are plenty on the market, so you have a fair amount of choice. When my sister asked me to find her a late MGF with lowish miles, I struggled to find one that was worth buying and in the end, paid a premium as a Rover specialist and got a minter.
Now I fancy an MGTF... - Tomo
Toyota are phasing out the MR2, wait until this hits values and go for one.

Just as the original MX5 was a reliable Lotus, so is the MR2 a decent MGTF.
Now I fancy an MGTF... - Xileno {P}
There's an extensive buyers' guide in theis month's Car Mechanics on the MGF. Many of the points will apply to the TF though, including the warnings about HGF...

Also a useful article on Dual Mass Flywheels.

Good article on buying Volvo V70 as well.

(I do not work for the Publisher BTW....)
Now I fancy an MGTF... - bell boy
a rover in the car mechanics magazine? well that must be a first?
Now I fancy an MGTF... - Blue {P}
Oh dear, I sort of assumed that insurance wouldn't be a problem on any of these cars, unfortunately I was wrong, very wrong, most companies want around £150 per month to insure anything like the MGTF or even the 3 series convertible.

The only affordable car to insure is the E46 318 Ci Coupe, it's not what I originally had in mind, but at £106 per month it's a lot more affordable than the others, and I've found some very nice ones on Autotrader.

Now I'm wondering whether a convertible will depreciate by £300 less across a year than a coupe will, at the age I'm buying I doubt that the convertible will have residuals that are so much better than the coupe that they justify blowing my insurance budget out of the window.

What does everyone think? I'm realising that the big advantage of a coupe is that my money will buy an E46 instead of an E36, but will I watch what's left of the E46's value burn over the course of two years?

I can't believe I started this wanting an MGTF, I've ended up looking at something totally different!

Blue
Now I fancy an MGTF... - Blue {P}
Things are starting to look up again, Quinn direct have quoted me equivalent of £75 per month for the 3 series coupe but won't touch softops, I think I know for certain which way I'm leaning here, £75 is small change for a nice car like that... :-)

Blue
 

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