Rusty little Mini Cooper stored 40 years sold for big bucks at auction

Someone just paid $25,000 for an old wood rack.

It was in the form of a 1965 Mini Cooper S, which had been rusting away in a shed since 1978.

The classic compact car doesn’t run, is missing parts and is an absolute derelict, but is also a highly desirable model that stirred up a frenzy when it was auctioned off in North Yorkshire, U.K., this week.

(SWNS)

"Over the years the garage roof had collapsed and the Mini essentially became a shed within a shed, with the boot and rear used to store kindling,” auctioneer Derek Mathewson told SWNS.

Mathewson said it was expected to go for somewhere between $5,000 and $15,000, but that a huge level of interest led to the surprising sale price.

(SWNS)

It’ll be worth a lot more if the buyer is willing to put in the work. According to the Hagerty Price Guide, the current value for a fully-restored 1965 Cooper S is over $55,000.

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