Chrome bumper MGBGTV8 sold at SWVA auction now on offer with a 37% uplift

This upgraded MGBGTV8 was reported sold at the SWVA auction the other day for £13,810 (including the buyer's premium and VAT) and has promptly appeared for sale at £18,950 - a 37% uplift of £5,140.

Comment:
With small production figures, the MGBGTV8 represents great value. This example has been repainted in Mineral Blue, originally finished in Bracken, and has an upgraded engine with a Piper camshaft and Holley carburettor. The roof has a black roof covering matching the sunshine roof with the addition of the rubber bumper flashes behind the side windows. The engine bay shows signs of rust, the interior seats look tired. It appears to be a Condition 2 car and at the estimated price it looks attractive.

MGV8 Price Guide update

Last update to the end of October 2018. More

Updated: 190131

Auction catalogue estimate £9,500 - £10,500
Listing says "this is a genuine Factory built chrome bumper MGBGTV8, manufactured in 1974 with chassis number GD2D1 1479, originally Bracken but now finished in Mineral Blue. It retains its original interior and correct Dunlop wheels. The V8 engine has been upgraded with a ported Vitesse heads, piper 20 cam, and a Holley 390 carburettor. It has a 5 speed gearbox. It is an exhilarating drive, having substantially more power than a standard car, and sounds fantastic. Mileage 67,821 (not warranted)". SWVA listing
Posted: 190116

Sold at SWVA auction for £13,810
Pricewatch volunteer, Andy Goves, reports the MGBGTV8 was sold for £12,600 plus the buyer's premium and VAT thereon, effectively a total of £13,809.60 - that's a premium of £3,309.60 (32%) over the guide price of £10,500.
Auction News item
Posted: 190127



On sale with Former Glory at £18,950
Advert says "original chrome bumper V8 repainted in Mineral Blue. Rebuilt engine with uprated heads and Holley carburettor. Five speed gearbox and extra power make this an exciting drivers' car, drilled discs and upgraded suspension. Full sunroof, excellent, well priced example".
Posted: 190131