Updated Price Guide for the six months to May 2018

Our updated Price Guide for the six months to May 2018 is released today with a market and price reviews for MGBGTV8s and MG RV8s.
Price Guide


See our Pricewatch reports. More


Posted: 180515

MGBGTV8 market and price review - May 2018

Overview
Our analysis of our MGBGTV8 Pricewatch reports over the six months to May 2018 indicates the number of MGBGTV8s offered for sale has fallen by about 12% and Condition 1 chrome bumper prices have continued to fall back a little when compared with our updated price guides in November 2016 and May 2017. In terms of market activity the number of cars offered for sale has fallen back by around 30% from a peak in the six months to November 2017. The chart in our report indicates prices for both chrome and rubber bumper MGBGTV8s over the six months to May 2018. The reduction in the premium for chrome over rubber bumpered MGBGTV8s appears to have been maintained but at a reduced amount when compared with earlier years, although far fewer rubber bumper cars have been seen on offer than chrome models - only 20% of the total seen on offer have been rubber bumper cars. Review with charts
MG RV8 market and price review - May 2018

Overview
Our analysis of the RV8 Pricewatch reports over the six months to May 2018 indicates the number of RV8s offered for sale has fallen considerably by around 65% (Woodcote Green) and 33% (Other Colours). The slower rate of price growth seen in the six months to November 2017 has continued into the six months to May 2018 and we can now see prices of Condition 1 cars have peaked. Interestingly the peak is six months later than we have seen with MGBGTV8s. Also the premium for Other Colours over Woodcote Green for Condition 1 cars has flipped in the six months to May 2018 (we think this is a quirk of the data) but remains with Exceptional and Condition 2 cars.
Review with charts