MGB Are people willing to pay $31K for a 66 B?

A friend of mine sent me this link to a Swiss classic's website. The link is to a 66 B at a Belgium Classic Car Dealer. Not much information on the car but I was blown away by the price, over $31K US. Check it out.

https://www.classicdriver.com/en/car/mg/b/1966/483615

What's your thoughts?

Looks nice, but no thanks, it's out of my league. They also show a '67 GT, unfinished restored body with running engine, probably stock transmission for almost 19,000 US dollars. They can put in a rally engine and 5-speed and finish the car - for a bit more money...

I find there are such staggeringly different prices depending where in the world you are.

Prices are funny things. While it's hard to imagine paying $30k for an MGB, if you have do a full restoration on one you could easily be over that cost. I know I'll likely have more than that in my Bugeye once it's done as I have to pay for bodywork, which isn't cheap.

For that price it would need to be perfect.

For that price it would need to be perfect.

Click to expand...

I agree. We did that once with a '61 Alvis convertible, and I was reluctant to drive it anywhere. Wound up selling it, and still miss it.

I look at it this way. It would cost more than that to hire out a complete resto - and would take many months to finish. You could do all the work yourself, probably spend that much money and probably spend a few years of your spare time doing it. Or....you could buy a car like this - and start enjoying it NOW....and enjoy driving the car for the next months and years instead of dreaming about it.

Sure, it's going to go down in value. So what. A car is only an investment (maybe) if you store it away and don't use it....and hope it goes up in value. No one buys MGBs as investments...they're bought to use and enjoy. How many people pay that much (or more) for their daily drivers knowing they'll depreciate rapidly over the next few years.

I'd gladly buy an MGB of that quality and start driving it today....if I had the $$$$

Classic-car prices in Europe are higher, across the board. Then, dealer prices are always higher than individual sales, and the asking prices that dealers slap on their cars are often designed more as a starting point for negotiations than something they expect to get. I suspect that many dealers in the US would not be all that far from this one.

He's probably flexible on pricing - only has 249 cars for sale at present. He's based in Belgium.

https://www.classicdriver.com/en/dealer/oldtimerfarm-bvba?id=31966

So, who's up for a 1935 Matford Alsace? (Matford = Mathis + Ford)



gak

Mmmmm Christmas

Looking at the list if I had 30k to spend at his store it wouldn't be a B. Might sweeten the pot a bit.

Hmmmm Alfa Montreal? Citroen SM? AC 2 Litre? Salmson? (never even heard of Salmson before except in context of Delilah!) :grin:

Off to measure garage and buy lottery tickets - Oh yeah and tear up "thou shalt not covet" sermon - again.