Midas Cars Forum - www.midascarsforum.com

I've been offered a GTM K3 that needs a bit of tidying but good to go with 12 months MOT. It's fitted with the Metro GTi 16v MPI K series which appears to be in rude health and they want £1k.

OK then...It looks funny, it's completely impractical, a nightmare to work on, the engine will blow up and you can't get the parts.
Nuff said?

Not even close, half of that applies to my Gold as well....

Not what you want to hear, but I can't talk you out of it. If I had a spare grand lying about, I'd be very tempted too...

It's not a bad car. Oakes design, mid engined, composite monocoque. It ticks all the boxes. I just don't like the long nose that had to be made because it is using 2 front subframes. Also weather protection is not as good as the Midas. I recall these came with a hardtop and didn't have a soft top, although maybe GTM developed it at the end. Anyway for a grand, that's a steal. Fix it and you'll make money when you sell it again. Only drawback it's another car on the driveway. Or do you have a large garage to store it and work on it?
I had a friend who just kept buying cars until his garden was like a junkyard. No surprise his neighbours complained and in the end he had to put fences all around it to hide the pile of cars from the street.

Rectification, they do come with soft tops:

I saw this one on Ebay years ago but it didn't sell. The builder had invested a lot of money in it, it's perfect as far as I can see. But the biddings were far below what he wanted for it. It's an enjoyable build thread to read if you want inspiration (and a good way to empty your wallet):
http://www.gtmdrivers.com/forum/k3-rebuild-t2045.html

buy it, chuck out the K series and replace it with a honda vtec. Do it, do it, do it

I once made a 10 hour, 480 mile round trip to see a K3 near Wick which I saw on Ebay, but decided the work it needed was a little bit too much for me.

Maybe if I'd finished working on the Midas I might have felt differently about it. I also felt I should have noticed the big hole in the windscreen, since it was clearly shown in the Ebay ad...

I was looking at GTMs when I rediscovered the Midas cars, the amount of times I got gazumped on eBay was ridiculous and all at stronger money than this one.

Beyond a bit of basic tidying up there isn't much to do to this one, the biggest job will be trimming and sealing the hard top after a small repair to its leading edge.

I want it