Budget: £1,000
Purchase Price: £700
Final Cost: £1,010
Selling Price: £1,500
Profit/Loss: +£490
Work Completed
Replaced gear knob, door and wing mirrors, pulled and filled dent in rear quarter panel, repainted wheels, applied new decals, replaced handbrake lever, adjusted exhaust, engine service, fitted a new stereo.
Notes
Before Mike sold the car, he gave a mini-primer on how to sell cars to maximize profits.