Do these two items have anything to do with each other? I spoke to someone about their P38 and was told the EAS didn't work because the bonnet catch was broken. It was dealer selling the car so I'm not sure how much they know about the P38.
I think less than a grand is cheap enough. I've not long had the one I have, private sale, then I got a gearbox problem, a few quid to get fixed. There are also numerous little jobs that need doing, so I'm looking at possibly getting one in better condition, cosmetic and interior, then parting company with mine. I believe the EAS is not too complicated or costly to fix so it's a possibility depending on the rest of the car.If it's cheap enough and you can do the work yourself, go for it. There's not a lot on a P38 that can't be fixed cheaply but the fact that they are a bit different scares people away.
As others have said, it won't be the bonnet catch although the "BEEP BEEP BEEP" will get annoying after a while. Don't guess about EAS problems, just build the cable and download the EAS Unlock tool and read the faults.Thanks for info guys. It's a car I've seen advertised and when I enquired about MOT I was told it's not got one because the suspension doesn't work due to a broken bonnet catch. I've not seen the vehicle but may be worth a look. If everything else is right it could be worth it.