Anyone like to suggest a ballpark figure for my MGB.
Its one owner 1977 roadster. 46000 miles taxed and MoTd with an unleaded cylinder head and stainless exhaust.
Bodywork is sound (sills were waxed inside when new) but needs tarting up and probably a respray.
A colleague who knows it's history has expressed an interest in buying it.
Although I've had it for half my life I'm tempted to sell as it it likely to need a lot of attention if I try to use it as my main car while otherwise travelling to work by train.
Advice welcomed!
TimW
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Tim,
Get a copy of Practical Classics - they have a big price guide section that will tell you what you need to know. Yours is probably towards the top of condition 2 / lower end of condition 3.
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RichardW
Is it illogical? It must be Citroen....
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Funnily enough Practical Classics in their auction section this month are saying (with examples) how the price of even immaculate chrome bumper MGB's has dropped to around £5K to £6K from about £15K for a perfect restored example a few years ago.
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Just checked Classic & Sportscar for this month.
Concours is £8K & Average is £ 2,900. I suspect yours is average and any B car that hasn't had welding is probably due for some. A decent respray worth having is £ 2K plus and I'd guarantee that once stripped it will need some restoration.
Classic market is all over the place at the moment probably due to things like MX5s & MGFs (spit) coming down to sub £5K money and are now in competition. And this is from a man who spent £ 16K restoring a TR7 V8!
PS Other poster got condition numbers wrong. Cond 1 is concours Cond 3 is MOT failure or scrape through that needs work. I'd suggest yours is mid range 2.
Jim
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I appreciate your comments.
My feeling is that it is probably not worth selling for what I would get and any money I throw at it will be less than the cost of buying another car that I can actually enjoy.
TimW
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Not sure if it's the same car but watched a Wheeler Dealers episode yesterday in which Mike Brewer bought a very shoddy looking (but mechanically sound) example for £1k and restored it with new interior, refurbed wheels and full body spray (2pack). Can't recall the year of the car but he did say it would originally have had plastic/rubber bumpers (not the chromed ones it actually had fitted) which presumably meant it was a younger model. IIRC his costs (which didn't include all the labour - considerable!) included around £500 for the wheels and seat covers and around £1k for the paint job but in the end he sold it for just shy of £3k. The finished car looked very good indeed but it didn't seem a very sound investment given all the effort and costs.
Not sure when the programme was made though.
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Not sure when the programme was made though.
Less than 6 months ago, IIRC.
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