V8
Newsletter
for April 2004 published in Safety Fast!,
the award winning monthly magazine of the MG Car Club
This
month we have news of forthcoming V8 Events, a useful note on the
new Continuous Registration (CR) scheme introduced by the DVLA,
an article on the V8 production figure, a note on V8 & RV8 price
trends, and an article on the topical subject of speed cameras.
The compact calendar of V8 Events has eight core events starting
with the Members' Track Day at Silverstone on Tuesday 6th April
which will provide a welcome opportunity for V8 enthusiasts to stretch
the legs of their V8s. The event is organised by the Club on a circuit
with plenty of space. The V8 Track Laps session at Silverstone last
year, part of the V8 25th Anniversary programme, proved to be popular
and very much enjoyed by V8 enthusiasts. Full details of the Members'
Track Day are available from Club Office which is also handling
bookings for the event. Participants will get a six sessions of
20 minutes on the track during the day.

V8 Track Laps at Silverstone - the view from Howard Gosling's
V8 Roadster during a session. (Photo: Victor Smith)
The next event is the first of two annual lunchtime V8 gatherings
at the Shoulder of Mutton on Hazeley Heath near Hook in Hampshire
on Sunday 23rd May organised by Bryan Ditchman. The landlord, Steve
Thorning, is a former V8 enthusiast and always has a warm welcome
and an attractive lunch menu.

Shoulder of Mutton on Hazeley Heath - a welcome sight!
(Photo: Steve Thorning)
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Maps and directions
to help you find Hazeley Heath are available on the V8 Website or
by fax or post from Victor Smith. In mid June, Chris Vernon is planning
another V8 Party to le Mans for the 24 hours endurance race
which is over the long weekend 12th & 13th June. There is a comprehensive
note on the V8 Website on planning a trip to le Mans which is a useful
guide for members who have not been to the event before. The principal
V8 Gathering is at the Club's annual International MG Meeting at Silverstone
over the long weekend Friday 23rd to Sunday 25th July. A BBQ is planned
for this year, together with the usual V8 Marquee and warm welcome,
and another V8 Track Laps session on the Sunday morning. One addition
to the Silverstone V8 programme this year will be a Talk by Geoff
Allen on the MGBGTV8 as the third in the series of annual Don
Hayter Talks. Geoff has been the V8 Register Historian & Archivist
for over 25 years and will touch on his 27 years at the Abingdon Factory
together with his usual amusing anecdotes. On Sunday 11th July Abingdon
Works Centre has another of the Summer Days Out which V8 enthusiasts
have supported for several years and thoroughly enjoyed. This year
the event is at Basildon Park, a National Trust property near Pangborne
in Berkshire near the Thames. Again full details are on the V8 Website.
On Wednesday 28th July Keith Rowson is planning a V8 group at the
annual Classics on the Common meeting in Harpenden in Hertfordshire.
Do note this is a very popular evening event for which early booking
is not just recommended but is essential. Full details are on the
V8 Website including an application form or you can call Keith on
01582 760754. On Sunday 22nd August there is the second lunchtime
V8 Gathering at the Shoulder of Mutton on Hazeley Heath. In
September we are planning another V8 Gathering at the very popular
Goodwood Revival race meeting over the long weekend Friday
3rd to Sunday 5th September. For 2004 it is worth noting that entrance
is by ticket purchased in advance. Goodwood bookings can be made on
01243 755055. The final event of the year is the V8 Shropshire
Tour based at the Longmynd Hotel in Church Stretton with a programme
of visits to interesting local sights, including a brief visit to
the new workshops of Clive Wheatley mgv8parts near Bridgnorth. The
organisers are Derek & Ellen Spencer Jones on 01633 267251.
V8/RV8 prices - what are the trends?
This is a topical subject for both prospective V8 owners and V8 enthusiasts.
It is clear some low mileage V8s advertised for sale over the last
nine months have been extraordinary bargains but where will prices
go in 2004? Well there are signs that prices are beginning to turn
as more enthusiasts |
are recognising what
an amazing classic car package an V8 is! With RV8s, the key factor
on prices in 2004 will be the end of the RAWS effect blocking Australian
reimports.
Model |
Output
|
Show
|
Average
|
MGBGTV8 |
1973-74
|
£9,500
|
£4,250
|
MGBGTV8 |
1974-76
|
£8,500
|
£3,500
|
MG
RV8 |
1993-96
|
£18,000
|
£11,500
|
MGBGTV8 prices: For many years now condition has been the main
factor determining the price of V8s together with the premium for
chrome bumpered cars which seems to be around £1,000 to £1,500.
The rationale for condition determining price is simply that bodywork
refurbishment costs are very costly so cars needing major restoration
are often offered as low as £1,200 or £1,500. But even
at those prices the differential with the price of a "show"
condition car would, in many cases, not cover the commercial cost
of a typical restoration.
Some of the V8s advertised on the V8s for Sale webpage on the V8 Website
over recent months have appeared to have been exceptional value. In
several cases the V8s were 70,000 mile cars in excellent condition
offered at around £6,000 to £8,000 but it seems there
may have been a temporary surge in good quality V8s on offer in the
third quarter of 2003 which appeared to have been caused by a shake
out by a few long term owners deciding to sell up. It is likely prices
for good quality V8s will rise over the next 12 months as the success
of the V8 Website has broadened the understanding within the MG and
classic car market that a V8 is an amazing classic car package and
exceptional value!

Tahiti Blue 2470 was advertised for sale in December 2003
and sold for the asking price for export to the US. It has a fabric
folding roof, a Ron Hopkinson handling kit and 119,000 miles. The
engine and mechanics are all in good working order with good compression
and oil pressure. Structurally restored in 1989 by Gloucester MG Centre
followed in 1994 with new door skins, bonnet, front wings and a re-spray.
The car has been Waxoyled since the rebuild in 1989 and remains structurally
sound but there are some rust bubbles now present at the seams on
top of the wings and around the edge of the windscreen. John Delafield
had owned the car since 1987 and offered the car for sale because
his children are now too big! It was sensibly priced at only £3,950.
(Photo: John Delafield)
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MG RV8 prices:
The price guide for the RV8 shown in the table above is a broad brush
figure because the prices of RV8s in the UK are clearly influenced
by a range of factors, not least condition! The first factor is that
"UK spec" cars do attract a premium (possibly between £1,500
and £2,500) over reimported RV8s which is not entirely logical
because Japan spec cars do have a higher specification - they have
air-conditioning fitted as original equipment. The other factor having
a bearing on price is colour, particularly with reimported RV8s, because
a high proportion of the RV8s exported to Japan were finished in Woodcote
Green. So reimported cars in colours other than Woodcote Green are
relatively rare and attract a premium, typically between £1,000
and £2,500.
With RV8s a low or moderate mileage is important because many
reimported RV8s have very low mileages. All RV8s appearing at vehicle
auctions in Japan have an auction report which indicates the recorded
mileage - very few are over 25,000km and many are less. The general
consensus is the mileages shown on the auction reports are likely
to be genuine but there are a few people who are not entirely convinced!
For an RV8 to have covered only 15,000km in nearly eight years for
example, suggests an average annual mileage of only 1,875 km (1,171
miles) which at an average speed of even 30mph means the car would
have been on the move for only 39 hours a year! Yes it is possible
and there is certainly evidence of RV8s being polished and admired
a great deal more than driven by Japanese RV8 enthusiasts. But in
any case, the impact of low mileage reimported RV8s on the UK market
is that of tending to reduce the mileages prospective buyers regard
as the norm when looking for an RV8 - particularly for a reimported
RV8, but to some extent this effect rubs off on UK spec cars too.
Where will RV8 prices go in 2004? Well by far the biggest factor
will be the renewed demand from Australia once the RAWS block (a temporary
measure which has blocked RV8 imports to Australia) is removed towards
the end of the first six months of 2004. At that stage it will be
interesting to see whether any pent up demand amongst Australian enthusiasts
causes a surge in RV8 prices as "back orders" are sought
at the auctions in Japan. For UK and mainland European enthusiasts
thinking of an RV8, it is likely to be worth making you move sooner
rather than later this year. Any feedback from V8 and RV8 members
will be very welcome.
Strong flow of new members in 2003
During 2003 the flow of new members and registrations has been
particularly strong - up 11.0% (net) on 2002. Some 45% (125)
were RV8 registrations and 34% (94) were V8s. With 56 new registrations
of MGBV8 conversions, clearly they continue to be very popular for
V8 enthusiasts. A full report is available on the V8 Website together
with |
an
analysis of the factors contributing to that strong performance. The
figures for the first months of 2004 indicate that performance will
continue. Also the V8 Website hit rate has increased substantially
over the last 12 months - the trend line is up by 44% over
the year. In mid February this year our rolling 30 day hit count broke
through the 3,000 level and has run over 3,150 since. Our rankings
with the leading search engines are good too - just try a Google search
for "MGBGTV8" and see for yourself!
Exactly how manyV8s were built at Abingdon?
Most authors of publications covering the V8 quote 2,591 as the total
production of the model - but is it correct? Well as information has
gradually come to light, the longstanding V8 Register Historian &
Archivist, Geoff Allen, believes there were more than 2,591 V8s! Geoff
was at the Abingdon MG Plant for over 27 years, much of it in Rectifications
Department, and is particularly well placed because during the weeks
before the final close, he made a handwritten copy of the production
control and despatch books. Here Geoff explains the true total production
story and reveals that some 2,600 MGBGTV8s were built at the Abingdon
MG Plant as the following table shows.
Stage
of production |
Cars
|
Development
pre-production cars, prefixed GD2D1, GD2D2 or ADO75 numbered
in reverse order from 99 to 95. |
5
|
Chrome
bumpered cars, prefixed GD2D1 (RHD) or GD2D2 (LHD) numbered
from 101 to 1956. |
1,856
|
First
batch of rubber bumpered cars, prefixed GD2D1 numbered from
2101 to 2632. |
532
|
Second
batch of rubber bumpered cars, prefixed GD2D1 numbered from
2701 to 2903. |
203
|
Total
of all chrome and rubber bumpered development and production
cars. |
2,596
|
Extra
cars built in Development, prefixed ADO75 and numbered 413,
414, 424 and 425. |
4
|
Total |
2,600
|
So the production figure of 2,591 usually quoted in publications can
be reconciled by deducting the five development cars from the total
2,596 for development and production cars above.
Some of the "Extra Development" cars are not in the
Production Control or Despatch books, nor were they traditionally
counted by Production Control department at Abingdon as production
cars. These "Extra" cars were on a list compiled from the
individual car history books maintained by the Foreman of the Development
department at the time. Of the "Extra" cars, ADO75 414 has
not been heard of since it was sold on by Development department as
a secondhand sale in the late 1970s and no details of the body paint
colour are known. ADO75 425 was sold to Morris Garages by Development
department as a secondhand sale and was finished in Damask Red but
no other details are known, and also nothing has been heard of it
since then. ADO75 413 and ADO75 424 are known to exist and have been
registered with the V8 Register. One slightly odd fact is three cars
produced as V8s were subsequently sold off with MGB 1800 engines fitted
- they were the early |
Development pre-production
car GD2D1 0098, ADO75 414 above and another Development car GD2D1
0993. If any V8 or MGB members know of the whereabouts of these cars,
do let me know!
All the cars in my analysis above had the suffix "G" signifying
they were MGs - for example GD2D1 NNNN G, GD2D2 NNN G and ADO75 NNN
G where "NNNN" are the Car Numbers. Another MGBGTV8 we are
aware of, GD2D2 100 G, is not listed on any of these lists and custom
and practice at Abingdon was to start production runs of MG models
with the number 01 - for example V8 production started with GD2D2
101 and later the rubber bumpered production batches started at 2101
and 2701. If GD2D2 100 G is a Factory V8, then the total production
of MGBGTV8s built at Abingdon would be 2,601.
Speed
cameras - safety system or cash generator?
Have we reached a stage where the use of speed cameras has gone
beyond the desirable aim of locating them where speed is known to
have caused accidents and are they now being located with the intention
of simply generating revenue? The scale of the anticipated fines
from speed cameras is stunning - a recent Sunday Times report says
"there are now 4,500 speed cameras in the UK which are expected
to generate three million £60 tickets this year!". The
approach of the authorities to speed cameras varies around the country
from the enlightened (like Devon & Cornwall) to what appears
to be a money-grabbing approach you tend to see in counties like
Northamptonshire. The increasing use of fixed and mobile speed cameras
and other detection devices is certainly changing the driving behaviour
of many motorists - often very welcome changes - but in some areas
of the country many careful drivers are beginning to feel the location
and use of some cameras is not reasonable. So spotting speed cameras
is now essential to avoid an automated speeding fine and points
particularly when driving in areas not visited regularly. So how
can you get early warning of speed cameras as a prudent safety measure
whilst continuing to enjoy driving an MG V8?
Well what are the options? Keeping a keen eye on the verges
of the road and speed limit signs is essential for safe driving
but traffic volumes often require heavy concentration to monitor
other drivers' movements and possible intentions. A device you can
fit to a V8 which provides a warning as you approach a speed camera
is a particularly useful aid as it acts as a reminder to check speed
limit compliance. Used responsibly, no reasonable person could see
these devices as anything but a helpful contribution to road safety.
Probably one of the simplest detection devices that can be fitted
to a classic sports car is a clip on radar detector that can
be easily removed from the car. The Valentine One does just this
and performs very well. Several V8 members have used a Valentine
for a number of years and feel it is a particularly good detector.
The author has used a
Valentine One installed in the windscreen mounted clip,
but you will need to note the requirement in the UK that nothing
should be placed within the swept area of the windscreen.
|
Valentine
detector for more than five years and has found it has performed reliably
and is a great help in maintaining alertness to speed limits and speed
cameras. It picks up X and K band and laser signals.
US motor magazine, Car and Driver reports that the Valentine
One has dominated every high-end detector test they have conducted
since its introduction in 1992. The overall ratings for various radar
detectors from tests done in 1992, 1994, 1997 and February 2002 show
the Valentine regularly comes out on top. It can be purchased in the
US for around US$399 but is considerably more in the UK. Full details
are on the V8 Website.
V8 members' views on the subject are interesting
Tim Hipwell (Oxford Blue 1133) from Cornwall responded saying
"as a member of the Project Board for The Devon and Cornwall
Safety Camera Partnership, I am glad you think we are "enlightened".
Thanks for including the link to our website. We want to get speeds
and casualties down and we have no qualms about signing our sites,
painting the boxes yellow and advertising their position on our website".

Gavin Bailey, the V8 Secretary. (Photo: Liz Curran)
Dr Gavin Bailey (BRG 0766) from Surrey responded saying "I've
had radar detectors for a number of years and upgraded from a 'cheapie'
to a Valentine |
One
bought from eBay last year. It's very sensitive and the fact that
it will distinguish between different types of radar and even indicate
the source is very worthwhile. I also took advantage of the upgrade
service offered by Valentine, and shipped my old unit out to the states
and got them to send the replacement new unit to my hotel in New York,
where I was spending a long weekend. It all worked fine and from memory
the upgrade price was a very reasonable US$99. At present they do
not ship new units or upgrades outside the US, so you have to ask
a friend to help or arrange a long weekend somewhere in the US so
the unit can be mailed there! An additional point I would make is
that with the recent introduction of the combined radar detector and
GPS units (which receive updated data on camera locations via the
web), there are now units which offer more than the Valentine as they
do not rely on the cameras being 'detected' before giving a warning.
The only downside is the relatively costly monthly subscription required
to update these units".
New road tax rules in the UK
Many classic car enthusiasts are going to be caught unawares by these
tough new rules, particularly if they only tax their cars for six
months a year. Why? Well under these new Continuous Registration (CR)
scheme the DVLA is going to get a great deal tougher on car owners
without a valid tax disc. That is something we will all be pleased
to hear but unfortunately the new rules will also catch many honest
and responsible V8 enthusiasts who regularly lay-up their vehicles
for the Winter months but may not always have sent in a SORN - a Statutory
Off Road Notification - punctually. So for members who do not tax
their V8s in the Winter months, it is now essential you check your
SORN is up to date!
This article in Safety Fast! continued with the information you can
see on this website by using the following links:
|
New
road tax rules in the UK |
|
Laying-up
a V8 - what's the SORN procedure? |
|
SORN
- a case study |
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