Segments
of the MGV8 market see noticeable change in values
The "big story" in the latest issue of Classic Car Weekly
notes "there are still plenty of MGB models on the market,
but only low-mileage, concours or significant models are seeing noticeable
changes in value". One feature mentioned in our recent market
reviews is the existence of parallel markets for Exceptional
and Condition 1 classes of MGV8s - one market with buyers attracted
by original features and the other with buyers attracted by MGV8s
with tasteful upgrades like leather trim, body colour changes and
chrome bumper conversions.
MGV8s for Sale
See our two MGV8s for Sale webpages for our online adverts of members'
cars.
MGBGTV8s & Conversions
for sale
MG RV8s for sale
MGV8 market Review & Price Guide updates
Last update to our market review and price guide was to the end of
April 2019, released early in May 2019.
Updated Price Guide
Classic Car Weekly
With over 70 pages with a variety of feature articles, auction results
and reviews and classified adverts this weekly newspaper is a good
read with topical and interesting content.
Posted: 190717
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A
lead feature article on MGBs and derivatives in the latest issue
of Classic Car Weekly says "trade experts have said
that MGB values are strengthening - but only the very best are
seeing any significant price increases". Editor David
Simister's comments alongside highlight two features of the
MGB and derivatives market we have noted in our last two 6 monthly
MGV8 market reviews: well maintained, low mileage MGV8s attract
buyers "prepared to pay the extra to get something truly
special" and the "previous stigma over some features
is reducing". Typically those previously negative features
have been a disdain of MGBGTV8s with rubber bumpers and a preference
for RV8s in colours other than Woodcote Green. There are clear
signs in the market that condition is far more important for
buyers than whether an MGV8 has rubber bumpers or is finished
in Woodcote Green.
The article highlights the prices paid at auction so far in
2019 for their "top five MGV8s":
1973 MGBGTV8 - £33,600 at a Historics auction
1993 MG RV8 - £27,000 at a H&H Classics auction
1974 MGBGTV8 - £22,288 at a Mathewsons auction
1975 MGBGTV8 - £20,020 at a Barons auction
1993 MG RV8 - £19,687 at a H&H Classics auction |
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