Cheers Leon.
Thought i'd just do a few insurance quotes to see whether that would sway me either way:
MkII 1.8 8V = £230pa
MkII 1.8 16v = £240pa
MkIII 2.0 16v = £300pa
MkIII 2.8 VR6 = £320pa
MkIV 1.8 (125) = £230pa
MkIV 1.8T (150) = £330pa
All quotes are fully comprehensive.
God i'm gonna save a fortune as the insurance on the M5 is £800pa & on the Scooby before that it was £550pa.
I agree totally with what you're saying but my only concern is the bodywork condition. Should I be so worried? Is it really that big a problem?
Also i've seen a few choice mods out there for the MkIII and you can get a 1997 2.0 16V for very good money. Bear in mind it will probably eventually be stripped bare and made as light as possible for the track.
I was suprised on the insurance for the VR6. That could be tempting

What are they like in terms of performance, economy, reliability & tunability?