MG · 1962
MGB
Manual · RWD · United Kingdom
AutoIndex value · good UK car
£15,000
Researched from UK sold prices and auction results. How we value cars
Estimated price by condition
Project
£9,000
Restoration candidate
Driver
£15,000
Good usable example
Concours
£22,500
Show standard
Indicative condition bands · not a valuation of a particular car
Price check
Looking at a MGB for sale? Is it a good price?
Buyer’s notes
About the MG MGB
The MGB of 1962 replaced the MGA’s separate chassis with a unitary body and used a 1,798 cc B-series four. 512,243 roadsters and GTs were built, about three quarters of them roadsters. Black impact bumpers arrived in the mid-1970s.
What moves the price
- Bumpers: the earlier chrome-bumper cars and the later rubber-bumper cars appeal to different buyers.
- Structure: the sills give the body much of its strength, and repairs to them are labour-intensive.
- Originality and documented body work.
Before you buy, check
- The sills, wheel arches, wings, door bottoms and scuttle; lift the carpets and tap along the sills.
- Drain holes that are open and in solid metal, and body seams under the doors that have not been filled over.
- The floors and footwells where they meet the inner sills, and the jacking points.
Facts checked against: Wikipedia · theglobeandmail.com · mgownersclub.co.uk · classicsworld.co.uk
Vehicle data
Specifications
From 1962
Performance
Production
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MG MGB: value questions answered
- How much is a MG MGB worth?
- A good, usable UK example of the MG MGB is worth around £15,000 on the AutoIndex index. A project car that needs restoration is nearer £9,000, and a concours-quality example around £22,500. Condition moves the price more than anything else.
- What makes one MGB worth more than another?
- Service history and paperwork — complete, stamped, explained
- Mileage against the norm for the model
- Originality — matching numbers, original paint and trim
- Specification — gearbox, colour, factory options
- UK-supplied versus imported
- Is the MGB I'm looking at fairly priced?
- Enter its asking price and condition in the price check above. It compares the price with the index for that condition and tells you what to ask the seller about.
- How many MGB cars were built?
- Around 512,243 were built, by our production records.
Embed this valueFor club pages, forum posts and listings: a live value card that links back here.+
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