Used MG MGB Price Guide

The Mitsubishi MGB is not a vehicle produced by Mitsubishi. You may be looking for the MG MGB, a classic British sports car manufactured by MG between 1962 and 1980, or a Mitsubishi model such as the Lancer, Outlander, or ASX.

If searching for MG MGB classic cars, prices typically range from £7,000 to £28,000 depending on condition, year, and originality, with around 200 listings available across UK used car platforms.

Market Summary

Price range
£7,000 – £28,000

Total listings
200

Most common year
2020

Most common fuel
Petrol

MG MGB Prices by Year

Year	Min Price	Avg Price	Max Price
1962-1967	£14,000	£19,500	£28,000
1968-1971	£12,000	£17,000	£25,000
1972-1974	£11,000	£15,500	£22,000
1975-1977	£8,000	£11,000	£15,000
1978-1980	£7,000	£9,500	£14,000

Average Price by Fuel Type

Petrol

£14,600

Average Price by Mileage

Mileage	Average Price
Under 30,000 miles	£18,500
30,000-60,000 miles	£15,200
60,000-90,000 miles	£12,800
Over 90,000 miles	£10,500

About the MG MGB

The MG MGB was a British two-door sports car produced from 1962 to 1980, becoming one of the most popular sports cars ever made. Over half a million units were built, with both roadster and GT coupé variants available. The MGB featured a 1.8-litre four-cylinder engine producing around 95bhp, offering engaging rear-wheel drive handling. Chrome-bumper models (1962-1974) are generally more sought-after than rubber-bumper variants (1974-1980). The car remains popular among classic car enthusiasts for its relatively simple mechanics, availability of parts, and active owners' clubs across the UK.

What Affects the Price

Condition is the primary price determinant, as rust is the MGB's main enemy, particularly in sills, floor pans, and the rear wheel arches. Chrome-bumper models command premiums over rubber-bumper versions. Originality significantly impacts value—cars with original engines, correct colour schemes, and period-correct features fetch higher prices. Mileage matters less than condition and history, though lower mileage with documented maintenance is preferable. Factory GT models and special editions like the MGB GT V8 attract collector interest. Professional restorations add value if well-documented, whilst poorly executed modifications can reduce desirability. Heritage Certificate verification and comprehensive service history enhance prices considerably.

Buying Tips

Always inspect the chassis and bodywork thoroughly for rust, ideally with the car on a lift. Check for previous accident damage and quality of any restoration work. Verify matching numbers on the engine and chassis with the Heritage Certificate. Test drive to assess gearbox synchronisation (second gear is typically first to wear), clutch operation, and any rear axle noise. Check electrical systems function correctly, as British Lucas electrics can be problematic. Budget for ongoing maintenance including potential rust treatment. Join an MG owners' club for pre-purchase inspection recommendations. Ensure all paperwork is present, including MOT history and maintenance records. Consider engaging a classic car specialist for inspection before purchase, as initial savings can be lost to hidden restoration costs.

Frequently Asked Questions

Used MG MGB prices in the UK typically range from £7,000 for rubber-bumper project cars requiring work, to £28,000 for excellent condition chrome-bumper roadsters or professionally restored examples. Well-maintained chrome-bumper models generally sell between £15,000 and £22,000, whilst rubber-bumper variants range from £8,000 to £14,000 depending on condition.

The 1967-1969 chrome-bumper roadsters are highly regarded, offering the classic styling before emissions regulations affected performance. The 1962-1974 chrome-bumper models are generally preferred over 1974-1980 rubber-bumper versions. For reliability with modern usability, later chrome-bumper cars (1971-1974) offer better synchromesh gearboxes and improved electrics whilst retaining classic aesthetics.

Rust is the primary concern, particularly in sills, floor pans, rear wheel arches, and the front bulkhead. Gearbox synchromesh wear (especially second gear) is common. The SU carburettors require regular tuning and maintenance. Lucas electrical systems can be unreliable, causing issues with lights and gauges. The rear axle may develop noise if oil changes were neglected. Regular oil leaks from the engine and gearbox are typical of the era.

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