Hello all, I'm trying to ascertain the value of a friend's 1973 MGB. He's had it for many years and is now considering selling it and I thought this forum would be a great place start to try to figure out the value of the car.
The car is a 1973 MGB with steel bumpers and has a removable hard top. I have not personally seen this car but I can attest to the owners stated accuracy of what it is and its condition. Ah, condition, this is the fun part... As I understand it the car has been in storage for at least 20 years, and has been stored inside all that time, and he has owned it for much longer than that. The owner says the body is straight, no corrosion, no modifications, and ready for assembly. Oh, did I say assembly? Yes, that's the hitch, the car is completely disassembled, well except for the engine. All the parts are there, many NOS and spare parts, all accurately stored and cataloged for the eventually assembly. Everything is reportedly there.
The owner also has an Austin Healy in the same condition, unassembled, which I have personally viewed, and he was passionate in ensuring everything was properly cataloged according to the British Leyland manuals. As I understand it he owned a MG or British Leyland dealership once upon a time. I've posted a similar post about the Austin Healy in the AH area.
From what I have so far figured out, the value of the car in this condition is anywhere from $2,000 to $6,000 because it is disassembled. I've heard many times that its hard to get someone to buy someone else's project but that's not entirely true in this case (the way I see it) as the car is completely disassembled and unmodified, so its technically not someone else's project, it just needs assembly.
So there you have it, I'm eager to hear what your thoughts are as to value. I expect to view the cars in the next couple of weeks to get more facts. Yes, lots of photos will be taken.
Jim
The car is a 1973 MGB with steel bumpers and has a removable hard top. I have not personally seen this car but I can attest to the owners stated accuracy of what it is and its condition. Ah, condition, this is the fun part... As I understand it the car has been in storage for at least 20 years, and has been stored inside all that time, and he has owned it for much longer than that. The owner says the body is straight, no corrosion, no modifications, and ready for assembly. Oh, did I say assembly? Yes, that's the hitch, the car is completely disassembled, well except for the engine. All the parts are there, many NOS and spare parts, all accurately stored and cataloged for the eventually assembly. Everything is reportedly there.
The owner also has an Austin Healy in the same condition, unassembled, which I have personally viewed, and he was passionate in ensuring everything was properly cataloged according to the British Leyland manuals. As I understand it he owned a MG or British Leyland dealership once upon a time. I've posted a similar post about the Austin Healy in the AH area.
From what I have so far figured out, the value of the car in this condition is anywhere from $2,000 to $6,000 because it is disassembled. I've heard many times that its hard to get someone to buy someone else's project but that's not entirely true in this case (the way I see it) as the car is completely disassembled and unmodified, so its technically not someone else's project, it just needs assembly.
So there you have it, I'm eager to hear what your thoughts are as to value. I expect to view the cars in the next couple of weeks to get more facts. Yes, lots of photos will be taken.
Jim