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MG - Magnett (1959)
Step back into one of the most iconic post‑war roadsters, the MG Magnett, and discover why it remains a sought‑after classic for collectors, enthusiasts, and those who love a truly vintage driving experience. Whether you’re curious about the MG Magnett price, the historical value of the 1959 edition, or wondering what is a 1959 MG Magnett worth, this overview gives you a clear, data‑driven snapshot to guide your research.
- Model & year: MG Magnett (1950‑1961)
- Engine: 1.8‑litre straight‑four, naturally aspirated, 70 hp at 4 500 rpm
- Transmission: 4‑speed manual (reverse), later models equipped with optional 5‑speed
- Fuel type: Petrol, standard for the era
- Body style: 2‑seat, de‑Sable loop body (twin‑top roofed)
- Dimensions: Length 3,010 mm (118.5 in), Width 1,362 mm (53.7 in), Height 1,345 mm (52.9 in)
- Weight: Approximately 604 kg (1,333 lb)
- Performance: 0‑60 mph in ~9.5 seconds, top speed 105 mph (169 kph)
- Suspension: Live axle, twin‑leading arm rigid axles with Girling disc brakes
- Capacity: 1,358 cc (8 gallons) fuel tank
- Weight distribution: Balanced 50/50 front/rear
Understanding the MG Magnett depreciation curve
The classic‑car market can be surprisingly predictable when it comes to depreciation. Generally, a well‑maintained 1959 MG Magnett or any MG Magnett early on will lose 15‑20% of its value in the first year once it’s in a resale environment. From there, the yearly depreciation tapers, settling around 8‑10% annually for the next three to five years, depending on mileage, originality, and provenance.
When you ask what is a 1959 MG Magnett worth, the answer hinges on three key factors:
- Quality of restoration – Authentic, period‑exact restorations command premium prices, while restorations with modern sub‑components see a slight discount.
- Mileage & service history – Low‑mileage, documented service histories are valued higher.
- Provenance & rarity – As the 1959 MG Magnett production numbers dwindle, vehicles with documented heritage (e.g. race entries, famous owners) see a notable appreciation.
Price snapshots & context
While exact monetary figures vary based on condition, location, and market demand, we can offer a useful framework on how different buying scenarios influence the used MG Magnett price:
- Newly manufactured (rare, collectors’ edition) – A pristine, factory‑new MG Magnett would be priced near a 1959 model’s original retail reference when adjusted for inflation, typically in the high five‑figure to low six‑figure range for a condition‑specific run.
- Well‑restored vintage (mid‑80s, 90s) – Market listings often show values around the early five‑figure bracket.
- Stock used MG Magnett price for older, heavily used examples – Examples with significant wear and high mileage can appear in the low four‑figure range but still maintain a strong collectible appeal.
Remember that MG Magnett price is heavily influenced by supply and demand in your region. A Western European market will differ significantly from a North American or Asian market in both availability and buyer sentiment.
Comparison with similar models
For buyers and collectors comparing the MG Magnett with other roadsters of the era, consider the following:
- MG MGA (1953‑1961) – Shares a similar chassis and engine but offers a more powerful 1.5‑litre THP (hence higher performance and price).
- Ford Cortina (1959) – Modern, more practical family car, but used models now fetch lower prices due to larger production runs.
- Mini (1959) – UK classic but simpler engineering; the Mini’s mass production keeps prices comparatively lower than the rarer Magnett.
Compared to its contemporaries, the MG Magnett price often reflects its distinctive design and engineering heritage, placing it in a more niche but highly coveted segment of the classic‑car market.
Market position and collector appeal
The MG Magnett remains popular in the collector segment for drivers who value:
- Elegant, 1950s British roadster styling
- A lightweight, highly maneuverable chassis suitable for both track events and spirited street driving
- Limited production numbers (roughly 1,400 units per year), which naturally elevates its desirability
- Strong trade presence in specialty events like the Silverstone 24‑hour, highly respected for its saga
Collectors often talk about the MG Magnett's MG Magnett depreciation as a case of “stable appreciation over a decennium,” reflecting the vehicle's historical significance and limited collectible nature.
Key takeaways & next steps
- MG Magnett 1959 price is best assessed by evaluating authenticity, condition, and provenance.
- The used MG Magnett price typically falls within the early to mid five figures, depending on true vintage quality.
- Depreciation over the first year can be significant, but the vehicle’s
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