No, it is not a rust bucket, it is in fair condition, hence the MOT. I take yours and Alan's point about the prices rising, I just go by the ebay/autotrader prices that seem quite varied for all conditions of TR7's....? It's like the market does not know where it should be, but I suppose at the end of the day it is worth what somebody is prepared to pay for it. I would certainly consider laying it up for a few years, but finding any available covered storage space around Tunbridge Wells to do that for anything less than a small mortgage is I'm afraid impossible. I pay £60 a month for the garage it is in (which is a very good price for around here), but it is so narrow I can barely get in the car to start it, let alone move around the car and maintain it over long term storage.
I paid £1000 for the car 3 years ago, and the wrap was £1400 inc vat.New clutch and other parts I just put down to running costs. Didn't want to make a profit necessarily, I just wanted it to go to a Triumph person who would understand the car and treat it with care respect.