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MG MGB 1966 – a classic British sports car that still turns heads on modern roads. Whether you’re a seasoned collector, a first‑time enthusiast, or simply curious about its value, understanding the MG MGB price and how it compares across decades is essential before you decide to buy or sell.

• Model year: 1966
• Engine: 1.5 L I4, 75 hp (original), 83 hp (later “North American” version)
• Transmission: 4‑speed manual, non‑slip gearbox (some models shipped with 5‑speed)
• Fuel type: Petrol (gasoline)
• Layout: Front‑engine, rear‑wheel drive (FR)
• Curb weight: 694 kg (1,530 lb)
• Dimensions:
  • Length: 3,981 mm (156.6 in)
  • Width: 1,524 mm (60.0 in)
  • Height: 1,397 mm (54.9 in)
  • Wheelbase: 2,286 mm (90.0 in)
• Body: 2‑door hardtop or convertible seat‑back (STC) front‑fender version, 4‑door saloon (for some markets)
• Drive: Full four‑wheel braking (later models offered optional rear‑brake disc)
• Special features: Gum leaf rear spoiler on early 1966 models; later models received a “BMW” front bumper treatment for U.S. export; “Special Series Mark II” added a stereophonic sound system in 1968.

### Depreciation Insight

Like most vintage automobiles, the MG MGB’s value trajectory depends on condition, mileage, provenance, and market demand. Below are realistic benchmarks for long‑term depreciation:

• First year: typically loses 15‑20% of its initial value as it transitions from new to used.
• Years 2‑5: gradual decline of about 5‑8% per year—if the car remains in mint or near‑mint condition.
• Years 6‑10: the rate may slow to 3‑5% per year as the vehicle becomes a “classic” and starts to attract collectors.
• Beyond decade mark: long‑term appreciation rates vary wildly, often influenced by rarity, restoration status, and major events (e.g., a significant sale fetches a premium).

In summary, a 1966 MG MGB that’s enthusiast‑grade and runs cleanly might shed roughly 35‑45% of its original value over a decade, while a well‑maintained, low‑mileage example could hold its worth better than more common contemporary models.

### Market Comparison

When discussing the MG MGB 1966 price and the used MG MGB price, enthusiasts often compare it to sibling models such as:

• MG E-Series (compact sedans with similar engines but different styling)
• Austin-Healey 1000 (British roadster, similar era but higher performance focus)
• Am. and European Mini GT V8 (for crossover enthusiasts, especially in import markets)

In regions where the MG MGB remains a cult icon—particularly the UK, New Zealand, and parts of the United States—the used MG MGB price can be roughly 20–30% higher than comparable cars, owing to the brand’s storied heritage and classic appeal. Conversely, in markets where classic sports cars are plentiful, there may be more price competition, potentially bringing the price point closer to the baseline of a mid‑condition 1966 model.

### Market Position Statement

The MG MGB sits firmly in the “classic British roadster” segment—ideal for owners who cherish the combination of lightweight, responsive handling and fresh, flowing

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Last 20 car trackeds

Last tracked date	Status	Price	Price rank	Link
4 years ago	used	£23,995.00		Unlock all links
5 years ago	used	£8,000.00		Unlock all links