It doesn't look horrible underneath... that's a REALLY bad spot to put a jack!! Original rivets on the vin tag which is a good sign. Color code 39 is Cardinal Red, which is what it is now. This car is about 200 cars before mine... I have #463
The license plate lamps on the rear bumper are wrong. The ignition coil is in the wrong location. The seats have the MK1 Tiger pattern of pleats... not Mk2. if they are Mk1 seat frames, they're wrong for the car. The breather cap on the valve cover is incorrect (and hard to find!) It's hard to tell which intake manifold and carb it has, but it looks to be a 4bbl. The carb is likely a Holley which are easily rebuildable and parts are easy to source. The Edelbrock F4B intake was offered as an LAT high performance option.
there should be a real wood wheel under the steering wheel wrap.
The OE wheels are not a big deal... same as '67 Alpine and most people opt for a larger diameter wheel for better tire choices. I have 14" genuine Minilites with 185/60/14 in front and 205/60/14 in the rear.
No disrespect to the owner, it's not worth $45K... I've been restoring these cars for near 40 years. It's probably worth, at a max $30K... that said, it'll chew up the better part of $80K to restore and then be worth in the mid to high $90's if restored properly and correctly.
In my opinion, It's a real Mk2.
I paid $6,500 for my Mk2 4 years ago... it was missing parts and was a lot rustier that this one... to be sure. I was fortunate that I had the missing bits and the requisite skills to do the work myself.
To give you an idea of restoration costs you can expect to spend the following (best case scenario!!)
Chrome source missing parts, have stainless polished and replate chrome parts... minimum $10K
Body and paint.. paint materials alone are likely to cost well over $6K.. PPG gets better than $2K a gallon for colors, and that does not include reducer, clear and catalyst, or primer products. Depending on what you find when the paint is stripped, you might have another 10K plus work of billable labor, or LOTS more... especially on a car that has been stored outside. Storing a car under a tarp is just about the most destructive environment imaginable.
Mechanical engine rebuild, gearbox rebuild, axle rebuild. allow for $10K at a minimum.
Hydraulics brakes and clutch. new masters, new wheel cylinders, now brake rotors, booster rebuild, turn drums, and all new hard and flex lines plus labor $5k
Electrical new wiring harness, switches misc. parts and labor $2500
interior and top $5-7500 add another $3k to restore the hardtop
Cooling system hoses, radiator re-core, ect $1k
Fuel system clean and repair/replace tanks as required, new fuel pump, new hard lines, carb rebuild $1k to 1500
all these estimates are "best case scenarios"
I recently finished the resto of a Mk1 Tiger for a client in San Diego. The car was not rusty and was a running driving car... I'd guess it was well over $80K by the time I was done. I also restored the prototype Mk1a and it was well over $100K.
Just so you know... I'M NOT bidding for the job! I'm 64 years old and winding down my business in expectation of leaving for a "green and pleasant land" (England). I am a British citizen, so fairly easy to pack up and go!
The car IS worth restoring... Just not with a starting price of $45K unless you've got money to burn. The last Mk2 to sell made in the $90's. if you bought at $45K you'd have little more than that to spend before being under water... There was a time about 5 years ago that these cars were bringing better than $125K and Mk1/Mk1a cars were in the $80-90 range. Those days are long gone. There have been 2 Mka's that managed 90K last year, but most are bringing $40-60 now.
Best wishes,
Sean