Please pardon this deviation from the standard format of this website, while I tell a story... Ten years ago I bought my Magnette and I've loved it ever since. After experiencing Farina Magnette ownership for a short period of time, I was convinced the world was wrong and my MG was wonderful. You see, in those days these weren't the most appreciated cars, and in some ways they still aren't... but I have to say, in this period of time things have really changed. People are actually seeking out these cars, rather than ending up with them like so many of us have. There are many reasons... the register, the publicity provided by Neil Cairns, the gleaming rows of restored cars at car shows... but whatever the reason, interest has been renewed and values have risen.
You will find however, they are still dirt cheap. Rusty beat up examples still change hands for token amounts, but this is better than when they were scrapped. Running cars are now worth in the US as much as a couple of thousand bucks, when they used to be $750-$1000. If you figure how much a full restoration costs, a $25,000 restored car is an absolute bargain in comparison. The sweet spot in Magnette ownership is surely the survivor-cars. These are the cars that were always kept up since new, or have spend ages in a garage... recommissioned for service, and are enjoyed with all the patina and wear 40+ years of scant use brings. These cars have decent paint, engines with years left on them, and basically are fully functional and enjoyable. This was once a $1500 car, but now is more of a $5-$7k car.
Price Guide for America:
These current value are for the United States and are in $$$s. They are based on advertisements and personal bias. Few cars are ever bought and sold. The Mk. IV is virtually non-existant in this country and holds no special value above and beyond the Mk. III. The "very good" price represent the most anyone would ever pay for this car. There are few if any cars out there considered anything more than average. As it becomes more known that these are very rare cars, the prices are sure to rise, more so in the US where these are not considered badge-engineered A60's. Supplied by John Elwood
| Model | year | cc | Full Restoration | Very Good | Average | Rough but Running | Spares |
| Mk III | 59-62 | 1489 | $25,000 | 9995 | 5000 | 3000 | 300 |
| Mk. IV | 62-68 | 1622 | $25,000 | 9995 | 5000 | 3000 | 300 |
Price Guide for Great Britain:
These current values are for England and are in £££s. They are based on actual sales and the Practical Classics Guide. Supplied by Neil Cairns. Note that the Mk.IV is worth marginally more because of the numerous "improvements". Consider these prices LOW or VERY LOW. Interest has been keen and sellers are holding out for thier prices. Cars in the UK have traded over 6k.
| Model | year | cc | Very Good | Average | Rough but Running | Spares |
| Mk III | 59-62 | 1489 | 3100 | 1350 | 450 | 150 |
| Mk. IV | 62-68 | 1622 | 3200 | 1400 | 500 | 150 |
Price Guide for America:
These current value are for the United States and are in $$$s. They are based on advertisements and personal bias. Few cars are ever bought and sold. The Mk. IV is virtually non-existant in this country and holds no special value above and beyond the Mk. III. The "very good" price represent the most anyone would ever pay for this car. There are few if any cars out there considered anything more than average. As it becomes more known that these are very rare cars, the prices are sure to rise, more so in the US where these are not considered badge-engineered A60's. Supplied by John Elwood
| Model | year | cc | Very Good | Average | Rough but Running | Spares |
| Mk III | 59-62 | 1489 | 9995 | 3000 | 1100 | 300 |
| Mk. IV | 62-68 | 1622 | 9995 | 3000 | 1100 | 300 |
Check out: Prices when New!