How do you price an MGBGTV8 rebuild?
Two rebuild adverts are currently seen online and are listed on the MGBGTV8 Pricewatch webpage based on reports from our two volunteers, Andy Goves and Keith Belcher. One question the adverts do raise is how do you price an MGBGTV8 offered as a rebuild project? These two examples are quite different in many respects.

The Damask V8 on a spit looks as if it is well into a good rebuild but the advert says it is "complete with all parts with a couple of key parts are missing (front wings and doors)". The advertiser notes the internal trim items require replacement. The Harvest Gold V8 is a part dismantled example which has been in long term storage. With our price guide for a Condition 1 V8 at £21,330 (last updated in May 2017), the pricing alongside leaves £9,335 and £12,580 to complete the restorations to that condition class. The advertiser of the Damask car notes the price of a Heritage shell too.

See the Pricewatch reports. More

Posted: 171120


£11,995 - MGBGTV8 rebuild project - private sale, readvertised
Readvertised saying "body requires no welding, all floors, sills & castle rails have been professionally replaced. Front wings and doors are missing so not included. Car is complete with all parts - engine, manual gearbox, axle and diff, front cross member and suspension, dashboard, dials etc all requiring restoration but complete. Interior and other perishable items are present but require replacement. Currently Heritage genuine c/b v8 shells are £12.645 plus VAT - more than I am asking for the complete genuine car." Advertiser says he is "getting many offers, but please view car before making offers" which suggests low chancer bids. Spotted by Andy Goves. 171117 Link & earlier advert

With our price guide for a Condition 1 V8 at £21,330 (last updated in May 2017), the pricing above leaves £9,335 to complete the restoration to Condition 1.

£8,750 - restoration project, Factory MGBGTV8 in Harvest Gold - private sale
Adverts says "reluctant sale because of loss of storage, partially dismantled some 20 years ago and has since been dry stored, very solid shell, new floor and many other new panels including a new o/s door and new nsfront wing and original Dunlop composite wheels. All parts were boxed and marked when removed. Excellent black cloth interior." Spotted by Keith Belcher. 171119 Link






With our price guide for a Condition 1 V8 at £21,330 (last updated in May 2017), the pricing above leaves only £12,580 to complete the restorations to Condition 1.