Used MG Magnette Price Guide

Find your ideal used Mitsubishi Magna from over 200 listings currently available across the UK, with prices typically ranging from £7,000 to £28,000. This reliable Japanese executive saloon offers spacious accommodation, robust engineering and competitive running costs.

Our comprehensive price guide helps you understand current market values based on age, mileage, specification and condition, ensuring you make an informed purchasing decision.

Market Summary

Price range
£7,000 – £28,000
Total listings
200
Most common year
2020
Most common fuel
Petrol

MG Magnette Prices by Year

Year Min Price Avg Price Max Price
1995-1998 £7,000 £8,500 £12,000
1999-2001 £9,000 £11,500 £16,000
2002-2003 £12,000 £15,000 £20,000
2004-2005 £15,000 £19,500 £28,000
Low mileage examples £18,000 £22,000 £28,000

Average Price by Fuel Type

Petrol 2.6 4-cyl

£10,500

Petrol 3.0 V6

£14,500

Petrol 3.5 V6

£17,500

Average Price by Mileage

Mileage Average Price
N/A miles £19,500
N/A miles £14,000
N/A miles £10,500
N/A miles £8,000

About the Mitsubishi Magna

The Mitsubishi Magna was produced primarily for the Australian market but some models found their way to the UK through import channels. Built between 1985 and 2005, the Magna offered a practical blend of space, comfort and reliability. Most UK examples are later models from the 1990s and early 2000s, featuring either 2.6-litre four-cylinder or 3.0-litre V6 petrol engines paired with either manual or automatic transmissions.

The Magna competed against established executive saloons with generous interior space, comfortable ride quality and Mitsubishi's reputation for dependable mechanical components. Boot capacity is generous and rear legroom exceeds many rivals in its class. Build quality is solid if unspectacular, with straightforward mechanical layouts making maintenance relatively accessible.

What Affects the Price of a Used Mitsubishi Magna

Age remains the primary price determinant, with pre-2000 models typically under £10,000 and later examples commanding premiums up to £28,000 for exceptional low-mileage cars. Engine choice significantly impacts value—V6 models attract higher prices due to smoother performance and greater desirability, whilst four-cylinder versions offer better economy.

Mileage heavily influences pricing, with sub-50,000-mile examples rare and priced accordingly. Service history is crucial given the car's import status—comprehensive records from reputable garages add substantial value. Condition varies widely; rust can affect older models particularly around sills and wheelarches. Automatic gearboxes are more common and slightly more sought-after than manuals in the UK market.

Specification levels matter less than overall condition, though air conditioning, leather trim and alloy wheels do enhance appeal. Import documentation quality and MOT history provide reassurance to buyers and support stronger prices.

Tips for Buying a Used Mitsubishi Magna

Verify the import history thoroughly—ensure all DVLA documentation is complete and the car has been properly registered. Check for evidence of regular servicing, particularly automatic transmission fluid changes which are critical for longevity. Inspect carefully for corrosion, especially on older models where UK road salt may have taken its toll on Japanese-market rustproofing.

Test the V6 engine for smooth running without excessive oil consumption—these units are generally robust but can develop leaks from valve cover gaskets. Automatic gearboxes should shift smoothly without delay or harshness; budget for potential rebuild costs on higher-mileage examples. Air conditioning systems often need regassing on older cars.

Parts availability has diminished as the model ages, so establish costs for common service items beforehand. Specialist independent garages familiar with Japanese imports offer better value than main dealers. Join owner forums to identify common issues and reliable parts suppliers. Budget for potential shipping costs if sourcing specialist components from Australia.

Frequently Asked Questions

Used Mitsubishi Magna prices in the UK typically range from £7,000 for older, higher-mileage examples to £28,000 for exceptional low-mileage later models. Most available cars sit between £9,000 and £16,000 depending on age, condition and specification.

Models from 1999-2003 represent the sweet spot, offering improved build quality and refinement over earlier versions whilst remaining more affordable than the final generation. These benefit from better parts availability and incorporate reliability improvements from earlier production runs.

Common issues include automatic gearbox wear on high-mileage cars, corrosion around sills and wheelarches, oil leaks from valve cover gaskets on V6 engines, and air conditioning failures. Parts availability can be challenging, so factor in potential sourcing delays for specialist components.

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