MG - Midget (1963)

Are you curious about the MG Midget price and how it stacks up against other classic British sports cars? The 1963 MG Midget is a celebrated pocket‑banger that still turns heads at track days and classic car shows. With its charming compact design and spirited performance, enthusiasts often wonder “what is a 1963 MG Midget worth?” Whether you’re researching the MG Midget 1963 price for a future purchase, comparing used MG Midget price listings, or simply exploring depreciation trends, this snapshot gives you a clear, data‑driven view of the market.

• Model Year: 1963
• Engine: 976 cc, 4‑cyl, 2‑barrel, single carburetor pre‑war, 35 hp (26 kW)
• Transmission: 4‑speed manual, synchromesh on 3rd and 4th gear
• Fuel Type: Gasoline (petrol)
• Layout: Front‑engine, rear‑wheel drive
• Weight: Approximately 352 kg (775 lb)
• Dimensions: Length 3,060 mm (120 in), Width 1,590 mm (62.6 in), Height 1,164 mm (45.8 in)
• Wheelbase: 1,700 mm (66.9 in)
• Top Speed: Roughly 80 mph (129 km/h)
• 0‑60 mph: 12–15 seconds

These specifications illustrate why the 1963 MG Midget remains a favourite for purists: a lightweight chassis, a mild but balanced engine, and a handling package that is both forgiving and engaging. The data also helps in estimating the present market value when paired with depreciation analysis.

Depreciation Insight

MG Midget depreciation follows a pattern common to many vintage classics, but with nuances that reflect the car’s popularity and rarity. On average, an MG Midget will:

• Lose around 15‑20 % of its sale value in the first year after purchase, mainly due to the initial drop in instant resale demand.
• Experience a gradual decrease of about 8‑12 % per year thereafter, as mileage, condition, and market sentiment shift.
• See a more rapid decline (up to 20 % per year) for models dated before 1963, as collectors focus on newer examples with better fuel efficiency and fewer mechanical concerns.
• Stabilise after roughly 10‑15 years, where the value instead hinges on originality, provenance, and restoration quality.

To illustrate, imagine a fresh 1963 MG Midget was priced at £18,000 when it first appeared on the market, adjusted for currency and inflation. After one year, a typical depreciation curve would estimate its value around £15,600–£15,000. Over the next decade, further conditioning and careful maintenance could keep the car within the £10,000–£14,000 bracket, depending on mileage and originality.

Comparison Context

Comparing the MG Midget 1963 price to other historic British sports cars gives context for both buyers and sellers:

• MG Yugola & MG Magnette: The 1957 MG Yugola sits in a similar price range but is more rarely seen, often commanding a premium for untouched examples. The Magnette, being larger and more powerful, typically sits a few thousand pounds higher.
• Sabre & Rover 850: The Rover Sabre’s price can be comparable for well‑restored models, but with the Rover's larger engine and smoother ride. Contemporary sub‑ascent values for the 850 fall within the same ballpark, offering a modestly higher fuel efficiency.
• Mini Cooper & E-Type: The iconic Mini often trades at slightly lower prices, whereas the Ford E‑Type can surpass the Midget

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