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MG - SV (2008)
Looking for a reliable family car that balances performance and affordability? The 2008 MG SV offers a distinctive blend of sporty styling and practical features, making it a popular choice among budget‑conscious buyers. While the MG SV price can differ based on mileage, trim level, and regional market conditions, a typical discussion around this model includes how much a 2008 model is worth today and what investors might expect in the used car market.
Below is a concise snapshot of the 2008 MG SV’s key specifications. These details can help you gauge whether this vehicle meets your power, space, and fuel economy needs.
- Engine: 2.0 L 4‑Cylinder DOHC, 200 hp, 167 lb‑ft torque
- Transmission: 6‑Speed Manual
- Fuel type: Regular gasoline
- Driveline: Front‑wheel drive (FF)
- Dimensions (L×W×H): 4,305 mm × 1,795 mm × 1,435 mm
- Wheelbase: 2,570 mm
- Seating capacity: 5 adults
- Cargo space: 7,530 L with rear seats folded, 247 L upright
- Standard features: Power steering, air conditioning, CD player, fog lights, four‑way power seats
- Optional upgrades: Exclusive graphics package, leather seats, advanced audio, specialized rim set
When investors ask, “what is a 2008 MG SV worth,” the answer hinges on a few critical metrics: mileage, service history, and regional demand. In practice, a well‑maintained 2008 MG SV with under 80 k mi often sits comfortably within the range set by local used car sellers, but individual listings can vary by as much as 10–15 % from this benchmark.
MG SV Depreciation: A Real‑World Perspective
Understanding MG SV depreciation is essential for buyers and collectors alike. New MG SVs lose value rapidly in the first few years, mirroring the broader trend among entry‑level sports cars.
- Typically loses 15–20 % of its value in the first year after purchase.
- By the second year, the depreciation rate slows to around 10 % annually.
- Three years in, an MG SV usually retains roughly 55–60 % of its original price, assuming mainstream mileage and upkeep.
- Mark typical used sequences: 5 % depreciation per year after the third year under normal use.
When evaluating the used MG SV price, these percentages help you weigh how much equity you might build over time and whether the vehicle’s resale prospects align with your long‑term budget. For example, a 2008 MG SV that originally retailed for €18,000 might see a realistic market value between €9,000 and €13,000 when a few thousand kilometers have been added.
Comparative Snapshot: MG SV vs. Similar Models
Stopped by the “market context” and wondering how MG SV stacks against its peers? In the compact, petrol‑powered segment, the MG SV competes with cars such as the Honda Civic Type R, Mazda 3, and Volkswagen Golf GTI.
- Performance: The MG SV’s 200 hp engine is on par with the Civic Type R’s 197 hp, yet it lacks a turbocharger, offering a more linear acceleration curve.
- Price Position: At its
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