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MG - MGF (1997)
Discover the true value of the iconic MG MGF with our in‑depth pricing guide. Released in 1997, the MG MGF captured the spirit of British motoring with its lightweight chassis and spirited performance. Whether you’re a collector pondering the MG MGF 1997 price or a buyer on the hunt for a dependable commuter, our database offers a comprehensive look at how this classic stands in today’s market. Get ready to delve into specs, depreciation, and how the MG MGF stacks up against its peers.
For those curious about the exact current market value, remember that the MG MGF price can vary widely depending on region, mileage, condition, and build options. This guide distills the essentials of what you should expect in terms of cost while preserving the integrity of the information—no speculative figures, just clear context.
Key Specifications
- Model Year: 1997–2005 (first generation)
- Engine: 1.2‑L, 1.3‑L, or 1.4‑L four‑tier poppet‑valve inline‑four; 78–96 hp
- Powertrain: Manual (five‑ or six‑speed) or automated manual (AMT) transmission options
- Fuel Tank: 10.8‑gal (43.3‑l)
- Dimensions: Length 145.1 in (3,692 mm), width 67.3 in (1,708 mm), height 52.9 in (1,344 mm)
- Wheelbase: 87.0 in (2,209 mm)
- Weight: 2,210–2,310 lb (1,003–1,048 kg) depending on trim
- Suspension: McPherson strut front, wishbone rear; telescopic balance damper
- Brakes: Disc front and rear, vented front on higher trims
- Drivetrain: Front‑wheel drive with optional independent rear suspension in early models
- Notable Features: Racing‑grade bracing panels, lightweight alloy wheels, and a distinctive “MG” badge with a blacked‑out chrome finish on later editions
Depreciation Insight
The MG MGF’s value trajectory reflects its niche status as a sports‑car‑styled hatchback. Roughly, a 1997 MG MGF can lose 15‑20% of its value during the first year of ownership once it is registered, primarily due to the immediate depreciation that all new cars experience. Over the subsequent years, the loss stabilizes at about 5‑8% annually for the next three years, then often slows to around 2‑3% per year beyond that as the vehicle ages into the classic category. Overall, an MG MGF that bought for £5,000 new in 1997 might be valued between £2,000 and £2,500 in 2024, factoring in mileage, condition, and any special edition bonuses.
In evaluating MG MGF depreciation, enthusiasts should consider the car’s limited production run and the aftermarket’s growing interest. The higher the mileage and the greater the number of previous restorations, the sharper the depreciation curve. A well‑maintained vehicle with less than 30,000 miles can often command a price premium relative to its less fortunate counterpart, simply because it is closer to the “new” condition.
Comparative Context
When compared to similar models from the same era, such as the Renault 5 and the Toyota Celica (first generation), the MG MGF sits in a unique blend of sports‑car dynamics and everyday usability. While the Toyota Celica, for instance, typically loomed in the pricier ~$20,000 range out‑of‑the‑box due to a more powerful engine offering, the MG MGF was generally positioned closer to the $10,000–$12,000 bracket as a more accessible sports hatching experience—hence the majority of the MG MGF 1997 price pegs around that budget when looking at original cost. Today, the used market shows a range that corresponds to this legacy price framework, adjusted for inflation and market demand shifts.
Consumers seeking a “fun to drive” hatch that doesn’t scream “performance car” will often lean towards the MG MGF over the likes of the Alfa Romeo 166 or the Ford Focus
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links | |
| 3 years ago | used | €4,990.00 | Unlock all links |