Classic Cars highlight MGBGTV8 values

An article in the latest issue of Classic Cars magazine includes the MGBGTV8 as one of its Price Guide Movers in its 16 pages of buying tips and advice. It suggests a 6.7% increase in value for the chrome bumper models.

MGV8 Price Guide update
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Posted: 191211


Since May 2018 Condition 1 chrome bumper prices have seen a sustained recovery reaching £21,752 in last three six month period to November 2019, which is just above the peak seen in May 2017.


See our market review & price guide updated in early November 2019.
MGBGTV8 market review & price guide


An article in the latest issue of Classic Cars magazine includes the MGBGTV8 as one of its Price Guide Movers in its 16 pages of buying tips and advice. It suggests a 6.7% increase in value for the chrome bumper models.

Our analysis of the MGBGTV8 market shows that over the 12 months to November 2019 Condition 1 prices rose by just over 5.6%. Condition 1 is regarded as the marker condition for pricing because a particular feature over the last six months has been most of the sales activity (57%) has been with Condition 1 cars with only a few high priced "Exceptional" condition cars seen for sale..
Our MGBGTV8 market review in November 2019
In our recent six monthly MGBGTV8 market review and price guide we noted "The sustained growth in prices over the 3 year period from May 2014 to May 2017, with demand from a combination of enthusiasts seeking MGBGTV8s and from the “alternative investment activity” seen more generally in the classic car market, had lifted Condition 1 chrome bumper prices to a peak of around £21,330 in the six months to May 2017. Prices then fell back in both the six months to November 2017 and May 2018 by around 8.5% to £19,520. However since May 2018 Condition 1 chrome bumper prices have seen a sustained recovery reaching £21,752 in last three six month periods to November 2019, which is just above the peak seen in May 2017.

A particular feature over the last six months is a few Exceptional condition cars have been seen for sale and achieving high prices at auction. In May 2019 an “Exceptional” condition Damask MGBGTV8 sold at the Historics auction at Brooklands for £33,600 and another at the SWVA Auction in October 2019 for £34,524.