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MG - Midget (1962)
Ever dreamed of cruising the 1960s on a car that’s as iconic as it is compact? The MG Midget brings that dream to life. First unveiled in 1962, the Midget burst onto the market with a distinctive retro‑futuristic design that still turns heads today. Whether you’re looking at the original MG Midget 1962 price or exploring a used MG Midget price, the car offers a blend of style, the feel of an era gone by, and a modest footprint that appeals to car lovers everywhere.
Below you’ll find a handy snapshot of what makes the MG Midget stand out. All prices mentioned are illustrative; actual values depend on factors such as mileage, condition, documentation, and regional demand.
- Engine: 996 cc, 4‑cyl, low‑compression naturally aspirated
- Power: 34 hp at 4,250 rpm; 91 Nm torque at 3,000 rpm
- Transmission: 4‑speed manual (no overdrive)
- Fuel Type: Petrol (regular unleaded)
- Top Speed: ~115 km/h (72 mph)
- 0‑60 km/h: ~15 s (rounded)
- Dimensions: Length 3,780 mm; Width 1,635 mm; Height 1,185 mm; Wheelbase 2,300 mm
- Weight: 470 kg (1,036 lb) – ever‑lightweight for its size
- Direction: Front‑engine, rear‑wheel drive (FR)
- Capable of: 4‑seat seating (primary driver + passenger + two rear back‑seat crates)
- Braking: Kong cost- effective sliding floor/ drum brakes on all wheels; modern retro upgrades available
- Wheels: 13‑inch original alloy or vintage‑style steel
- Paint & Finish: Classic MG Magenta, Bright Blue, Olive Green, Spruce Brown, and other colours
MG Midget depreciation follows a pattern common to many vintage models. Because the original 1962 price was modest and the car’s production numbers limited, many owners expect a depreciation curve similar to the following (all figures are conservative averages based on market data from classic car communities, not guaranteed; actual results vary):
- First 3 years: 15‑20 % of its value per year
- Years 4‑7: 8‑12 % per year, often gentle depreciation as the car enters “collectible” status
- After 8 years: annual drop shifts to 4‑6 % if the car is maintained in near-original condition and continues to gain desirability
That said, MG Midget price can plateau or sometimes gain value when restoration work is deep, provenance is clear, or limited models, like the original MG Tigurine clone, are introduced. Crucially, the used MG Midget price depends heavily on: the degree of mechanical repair work, road‑run condition, documentation (provenance records, service history), and car’s originality (rims, seats, plaque).
What is a 1962 MG Midget worth?
In recent directory listings, the MG Midget 1962 price might hover between £2,500 on the lower end (well‑
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 5 years ago | used | £12,950.00 | Unlock all links | |
| 5 years ago | used | £15,950.00 | Unlock all links | |
| 5 years ago | used | £15,950.00 | Unlock all links | |
| 5 years ago | used | £15,950.00 | Unlock all links | |
| 5 years ago | used | £15,950.00 | Unlock all links | |
| 5 years ago | used | £15,950.00 | Unlock all links | |
| 5 years ago | used | £15,950.00 | Unlock all links | |
| 5 years ago | used | £15,950.00 | Unlock all links | |
| 5 years ago | used | £15,950.00 | Unlock all links | |
| 5 years ago | used | £15,950.00 | Unlock all links | |
| 5 years ago | used | £15,950.00 | Unlock all links | |
| 5 years ago | used | £15,950.00 | Unlock all links |