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MG - MGB (1971)
Looking for the MG MGB price of a genuinely vintage British sports car that still turns heads today? The legendary MG MGB, first rolled off the plant in 1962, has become a beloved icon for collectors worldwide. If you’re curious about the 1971 model, you’ll want to know the MG MGB 1971 price range and how it compares to a used MG MGB price in the current market. Below is a detailed overview that covers every aspect from spec highlights to depreciation trends, giving you a clear snapshot of what a 1971 MG MGB is worth today.
- Model: MG MGB MK3 (1971)
- Engine: 1.5 L (1,485 cc) inline‑4 or optional 2.0 L (1,997 cc) Twin‑Cam
- Power: 73 hp (1.5 L) or 94 hp (2.0 L) at 6,000 rpm
- Transmission: 4‑speed manual (standard) or 4‑speed Borg Warner automatic (available in some markets)
- Fuel type: Fuel‑injected gasoline (pre‑30 Lyr) or carbureted (post‑70 Lyr) variants
- Weight: 2,250 lb (1,023 kg) curb
- Dimensions: Length 183 in (4,653 mm), Width 69 in (1,753 mm), Height 51 in (1,295 mm), Wheelbase 108 in (2,743 mm)
- Tires: 215 mm × 65 R15 (stock) with optional rim upgrades
- Brakes: Front disc, rear drum (standard); optional four‑wheel disc brakes on later revisions
- Features: Wood‑based multi‑tone exterior paneling, separate fuel, oil, and water gauges, optional visible dashboard gauges
Understanding the true value of a MG MGB price isn’t just about the list price. The classic car market has its own quirks, and a significant factor is depreciation. Here’s how the MG MGB typically loses value over time.
MG MGB Depreciation Insights
- Typical depreciation in the first year after purchase or sale: 15–20% for a new‑to‑market vehicle, which is lower than many modern sedans.
- Through year five, expect a cumulative loss of roughly 35–40% on the original price, assuming average mileage and maintenance.
- Long‑term ownership (10+ years) can see an additional 25–30% drop, branching into the 70%‑ish mark relative to the original listing.
- Well‑maintained, low‑mileage examples often retain 80–90% of their initial value through year five, especially if they have factory documentation and original ownership records.
- Conversely, cars with high mileage, unverified service history, or significant cosmetic wear usually depreciate faster, hovering around 60–70% of their launch price within the first 6–7 years.
These percentages are in line with the broader vintage British sports car sector, where lifestyle appeal and classic status can buffer against rapid value erosion.
What Is a 1971 MG MGB Worth?
When asked “what is a 1971 MG MGB worth,” collectors and casual buyers alike often look for a clearer answer. The used MG MGB price varies widely based on factors such as mileage, condition, provenance, and market region. However, most 1971 models in the United Kingdom range from £/€2,500–£/€5,000 (depending on the country), while in North America
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 4 years ago | used | £22,950.00 | Unlock all links | |
| 5 years ago | used | £6,500.00 | Unlock all links | |
| 5 years ago | used | £6,500.00 | Unlock all links | |
| 5 years ago | used | £6,500.00 | Unlock all links | |
| 5 years ago | used | £7,500.00 | Unlock all links | |
| 5 years ago | used | £7,500.00 | Unlock all links | |
| 5 years ago | used | £7,500.00 | Unlock all links | |
| 5 years ago | used | £7,500.00 | Unlock all links | |
| 5 years ago | used | £7,500.00 | Unlock all links |