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MG - Classics (1956)
Step back into the golden age of automotive design with the MG Classics 1956, a vehicle that has charmed collectors and driving enthusiasts alike for decades. This venerable car, celebrated for its streamlined silhouette and refined performance, remains a coveted piece in the classic car market. Whether you’re examining the used MG Classics price to evaluate a potential purchase, researching the historic MG Classics 1956 price, or simply curious about “what is a 1956 MG Classics worth,” this overview offers clear, reliable insight into what makes this model a standout investment.
Key Specifications
- Engine: Inline‑4, 1.5 L (1,453 cc) – a robust yet elegant powerplant that delivers 57 hp at 4,500 rpm.
- Transmission: 3‑speed, manual (or optional 4‑speed Self‑Change, traditionally found in the later Fender‑trim models).
- Fuel Type: Petrol (gasoline).
- Dimensions: Wheelbase – 71.5 in (1816 mm); Length – 124 in (3155 mm); Width – 57 in (1450 mm); Height – 53 in (1348 mm).
- Weight: Approximately 2,500 lb (1,133 kg).
- Powertrain: 4‑cyl. single overhead cam (O.C.M.) with a classic pop‑petrol valve arrangement.
- Top Speed: Approximately 80 mph (129 km/h) – common for MG’s of the era.
- 0–60 mph: Roughly 14–16 seconds, depending on condition and weight.
- Suspension: Front – independent, double wishbones; Rear – live axle, trailing arms.
- Brakes: Mechanical drum brakes on all wheels (regulatory at the time).
Depreciation Insight
When assessing the MG Classics depreciation, it’s useful to consider how classic cars age compared to modern new‑vehicle models. On average, an MG Classics 1956 will typically lose 15‑20% of its value in the first year among collectors due to its entry into the resale market. Subsequent depreciation rates tend to slow, roughly 5‑10% per year once the vehicle has passed the “new‑turnover” phase.
Factors Influencing Depreciation
- Condition: Classic cars that retain original components, documentation, and no major rust or body damage retain premium values. Refurbishment can either increase or decrease value based on authenticity.
- Mileage: Although MG Classics seldom exceed 50,000 miles in many markets due to their collector status, lower mileage often boosts desirability.
- Rarity and Trim: The 1956 model is a coveted pre‑war, pre‑war‑British design. Early production runs (around 10,000 units) combined with rare color or trim
Last 20 car trackeds
Last tracked date Status Price Price rank Link 3 years ago used £19,995.00 Unlock all links Note that old links may not work