Recent high priced MGV8s seen offered for sale

MGV8 Price Guide update
Last update to the end of April 2022 released early in May 2022. Our next market review and guide will be out in early November 2022. More

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MGBGTV8 in Aston Martin Tungsten Grey Metallic
The Market Bonhams auction - 25th January 2020
Estimate: "somewhere between £30,000 & £40,000"
Sold including premium: £27,750

Listing says "fresh from restoration that was completed only a month ago, Richard, the vendor, describes this 1974 MGB GT V8 as being “the best in the country.” Well, we obviously haven’t seen them all but having examined this one in great detail we suspect he might be right.
Finished in Aston Martin Tungsten Grey Metallic with a Mulberry leather interior, the fit ‘n’ finish on this one is unparalleled. With a total investment in the renovation of around £54,000 to bring it to this condition. Vendor claims it's the best in the country".

Chassis Number: GD2D1 -1448G w
ith 73,000 miles.

Bonhams listing & result


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Reimported RV8 in Oxford Blue
Offered by Abbey Classics in Colchester
Only 1,073 miles
Offered: £48,000

With only 1,073 miles it's a reimported Japan spec RV8 in Oxford Blue with an LT77 5 speed gearbox and registered in the UK in May 2017. MOTs since around every 2 years.

Comment: inevitably anyone buying a classic car with such a very low mileage and very little use will face the need for very close checks and probably a full recommissioning, including a replacement set of tyres. That cost could be between £1,500 and £2,000 and possibly more. Then if the buyer uses the car even with a modest annual mileage the accumulating mileage will, within a few years, have an impact on the exceptional value of the car. So over a 5 year period the combination of the recommissiong costs and depreciation could easily become a significant annual cost for the buyer. Advert