Steve
This is a common situation for mature builds and the risks to a new buyer, if they understand the problems they are buying into are great. The problems for the unwary can be a build breaker and it's a real pain.
The rules have changed and the expectations by the IVA test are greater than they were in 1988.
If there is no build history its classification as an amateur build is an issue, if its classed as a professional build the problems are greater.
If there is no doner evidence or if there is no history of invoices bills and receipts to prove the age of the bits used and the original purchase of the chassis and suspension components there is the likely hood that Q plate will be issued because the age of the parts cannot be identified.
It would appear that the general value if completed and registered is somewhere around £3000 dependant on the quality of the build and components used (engine g/box etc.).
You have a couple of options, if completing it yourself is a non starter you could pay for another to complete the build, this will mean the purchase of the missing bits engine g/box etc. and will require an investment to complete. I know people that can do this for you.
If you want to sell it then to obtain the best price you need to be diligent in assessing the current status and what is missing to complete, the paperwork supporting the purchase is important and any pictures of the build progress you may have, are these bits of detail are part of the package and will increase the value if you can assemble it.
The original kit would have been purchased with options for engine and g/box types and this detail is important as different brackets may have been supplied for the chosen options and make a difference to the buyer.
What's it worth?
I have seen un-built but materially complete kits sell for £1000- £2000 dependant on the information provided to guide the buyer. In your case its is incomplete no power unit and its history is undefined based on that you have said.
Dependant on your location in the world I suggest you enlist the help of a local builder to help the assessment and valuation. If you anywhere close to the South West sent me a message and I may be able to assist.
Best of luck. JC
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