As the successor of the infamous MGA, the MGB is a car that holds a special place in the heart of British manufacturing. With over half a million motors produced between 1962 and 1980, the MGB is a car that epitomises classic styling thanks to its dazzling chrome features, sporty alloys and sweeping bonnets.
Today, the MGB remains a firm favorutie among collectors throughout the world. While the convertable Roadsters provide a great vintage accessory for Californian cruisers, the hard-topped GT models have allowed the MG’s UK fanbase to enjoy this awesome motor both in sunshine and in rain.
But despite its coveted status, timeless style and all-round brilliance, the MGBs available in today’s market remain an affordable option for those looking to invest in classic car. From initial low costs through to the ready availability of parts, here’s why we believe the MGB may just be the perfect project to get stuck into this winter.
Simplicity is key
When it comes to buying a classic car, the thought of tricky maintenance routines or difficult repairs can be really off-putting. However, unlike the modern motors of today, the MGB’s simplistic design makes it a real pleasure to work on.
Whether you’re fitting a new head gasket or upgrading your exhaust system, the great thing about the MGB is that no job is impossible providing you have a good set of spanners and the odd screwdriver.
However, if you are thinking of asking your local mechanic for a helping hand, you can rest assured knowing that even the biggest jobs, such as fitting a new clutch or gearbox, should take no longer than a day to complete – which should save you some money when paying an hourly rate!
Cheap as chips
With running models currently selling for as a little as £1,000, the staggering number of MGBs produced throughout the 1960s and 1970s means that there’s still plenty to go around today. And while your initial outlay may be much cheaper than you first thought, just wait until you see how cheap MGB parts are currently selling for online!
Where issues such as a blocked water pump may act as a potential bank-breaker in a brand new BMW or Mercedes, if your MGB’s pump becomes blocked or even ceases to work, simply pop the hood, detach the faulty part and buy yourself a new one for as little as £20!
A sound investment
It’s worth noting that while today both cars and parts may be relatively cheap, there’s no denying the fact over the next decade we’ll undoubtedly see a decline in the number of MGBs available on the market – which in turn, may lead to a hike in prices.
To place in into context, the MGB’s predecessor, also known as the MGA, can fetch as much as £50,000 at auction – whereas 20 years ago, it would never have achieved half this amount! In short, the rarer a car becomes over time, the more its value increases – so if you’re looking at investing a small amount of money in exchange for an awesome amount of fun, the time is now to consider investing in an MG!
