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The BMW was purchased by Mike for just shy of £5,000 before it underwent an extensive restoration.
The car was fitted with a new fuel pump and hoses as well as a new battery and a brake system.
The engine was given a full service with new spark plugs and fluids also installed on the model.
After all the work had been completed, the model was sold for £23,415 which generated profits of over £9,000 once restoration costs had been taken into account.
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Mike’s 59MGA was just the third car retired in America in Series 15 and underwent a full transformation.
Classic car upgrades may also affect insurance policies (Image: Getty)
Research from Heritage Car Insurance found remapping the engine or an ECU upgrade could see premiums increase by over £90.
Meanwhile, engine replacements could see costs rise by £97 with fuel tank upgrades set to add £159 to the cost of an agreement.
Mr Brewer has issued one final warning to drivers who may be adamant to make changes to their vehicle this year.
He told Express.co.uk: “Top tip. Keep anything you take off the car, the old points, the old manifold, the old drum brakes. Just keep it in a box.