A £3,995 or 28.5% price hike in less than 14 days!

This MGBGTV8 was spotted for sale in an online advert at £14,000 on 24th September 2017. A report was posted to our Pricewatch webpage. In a matter of days the online advert was seen to have been updated to show the car had been sold and today Keith Belcher has seen it is advertised for sale again at £17,995. Posted: 17100

Update: Keith Belcher reports "I have just seen a comment of Facebook that a chap was planning to see this car, but he has been contacted and told that it has been sold." Updated: 171123


Original advert seen on 24th September 2017 which said:

MGBGTV8 - original chrome bumper Factory car

Sale price £14,000 - private sale
A 1974 car modified during the course of an earlier restoration with; Edelbrock carb and inlet manifold, tubular exhaust manifolds, high comp pistons, crane cam and hydraulic tappets. I have owned the car for 3 years and it has travelled to France twice and has averaged 2,000 dry miles a year. In my ownership it has received reground discs, new twin 12v batteries, a new replacement carb, seat diaphragm and clutch slave cylinder. It has a fresh MOT with no advisories.The agreed insurance value is £16,000.
Advert seen on 24th September 2017
Advertised by a private seller in Banstead, Surrey

An astonishing £3,995 or 28.5% price hike in less than 14 days!

Later advert seen on 8th October 2017 which said:

MGBGTV8 – restored chrome bumper Factory car

Price £17,995 - trade sale
Original Factory chrome bumper example finished in Harvest Gold sympathetically upgraded to produce arguably the best MGBGTV8 that we have had the pleasure to offer for sale. Work includes:
·> All suspension bushes replaced & uprated anti-roll bar
> Brakes overhauled
> Gearbox overhauled and new overdrive fitted
> Body work stripped, lead loaded and repainted
> New carpets, seats and timber dashboard
> Engine rebuild/balanced including new high compression pistons, hi-torque fast road cam with hi-rev hydraulic cam followers (Crane)
> Lumination electronic ignition system
> Edelbrock 500 carburettor with manual choke
> Stainless steel exhaust
This is an exceptional opportunity to purchase an iconic MGB. Undervalued for many years, prices are rising fast and this car will provide both an excellent investment and years of pleasure to the fortunate new owner.
Advert launched on 8th October 2017
Advertised by Milestone Classics in Sussex