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Thread: Hagerty Prediction - Cars to buy now (before they get expensive)

Discuss the Austin Healey Sprite and the MG Midget. Two different but similar cars sometimes referred to collectively as the Spridget.

  1. #1
    Great Pumpkin JPSmit's Avatar
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    Nov 2004
    Toronto, ON
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    Hagerty Prediction - Cars to buy now (before they get expensive)

    #2 62-69 Sprite. Here is what it says:

    No, it’s not the Bugeye Sprite, a car so happy-looking that it melts the world’s cynicism and jadedness away by its mere presence. Still, square-body Sprites are more than capable of bringing a smile to your face—especially when you realize they cost about half as much as Bugeyes, despite being more practical and more powerful. At a #2-condition (Excellent) median value of $11,000 and a #3 (Good) value of $7100, they’re not worth much more than the equivalent MG Midget either, despite that the MG was technically the nicer one (with more trim) back in the day. “They’re the same car built at the same place, but a Healey badge carries a lot more cachet than an MG one,” says auction editor Andrew Newton.
    The Sprite’s appeal might be gaining traction, too. Boomers have long been aware of the car’s affordable fun, but a surprising number of quotes (22 percent) come from millennials, which is more than you’d expect from a defunct brand. Overall, the number of quotes is up 24 percent over the last year, and quoted values are up 10 percent over the last three years. They’re not getting any cheaper; but bear in mind that even if owners are willing to price Sprites a bit higher and buyers are willing to shoulder that load, we don’t expect prices to dramatically increase.

    Note that 22% of insurance requests came from Millenials - good news!
    John-Peter Smit
    1976 MG Midget
    1969 Vauxhall Viva GT
    1958 Fiat Multipla (Barn art)

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    Moderator drooartz's Avatar
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    Re: Hagerty Prediction - Cars to buy now (before they get expensive)

    Spridgets remain one of the most fun and best values for getting into this silly hobby. Lots of happiness in a small package.

    I really, really need to get working on my Bugeye one of these days...
    Drew Frink
    '59 RHD Frogeye Sprite - "Penny" sleeping for now
    '66 RHD Morris Minor - "Maggie" awaiting a non-cracked transmission
    '70 RHD MGB - awaiting a donor engine
    '19 Triumph Bonneville T100 - good to have one that runs


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