1972 MG MGB

GT Mk II Coupe 1.8 L

Vehicle values by condition

Fair
Condition 4
£4,000
#4 cars are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped.
Good
Condition 3
£7,300
#3 cars could possess some, but not all of the issues of a #4 car, but they will be balanced by other factors such as a fresh paint job or a new, correct interior.
Excellent
Condition 2
£13,200
#2 cars could win a local or regional show. They can be former #1 cars that have been driven or have aged. Seasoned observers will have to look closely for flaws.
Concours
Condition 1
£19,100
#1 vehicles are the best in the world. The visual image is of the best car, unmodified, in the right colours, driving onto the lawn at the finest concours.
Insurance premium for a
1972 MG MGB GT Mk II Coupe 1798
valued at £7,300
£115.58 / year*

History of the 1967 - 1972 MG MGB

1967 - 1972 MG MGB
1967 - 1972 MG MGB

The MGB-GT is a classic British 2+2 that was originally introduced in 1965. By 1967, changes lead to the designation of the MGB-GT Mk II (officially the 1968 model year).

Like the MBG-GT Mk I, the Mk II is a two-door 2+2 powered by a front-mounted, rear-wheel-drive 1798cc B Series engine. New gearbox ratios were introduced for the Mk II, all with synchromesh, and automatic transmission was offered for the first time. The electrical system was changed to negative earth, and an alternator fitted in place of the dynamo.

In October 1969, more changes were introduced from series GHD5, chassis number 187841. The main change was a matte black vertical grille with a chrome trim, and Rostyle wheels. British Leyland badges were affixed to the wings, and a perforated spoke steering wheel and reclining seats were standard kit.

In September 1970, from chassis number 219002, the model received improved ventilation, interior courtesy lights, and telescopic boot and bonnet stays. In August 1971, from chassis number 256646, the MGB-GT Mark II was discontinued, replaced with the Mark III.

Today the MGB-GT remains one of the UK’s favourite classic cars. It is very easy to maintain, very practical with its big hatchback, and has superb parts availability and interchangeability across model types. As such cars can easily be modified for performance or taste. The MGB-GT is also still a numerous classic, meaning there is no need for buyers to settle for dodgy examples.

Alternatives from the era include the Ford Capri, the Reliant Scimitar and the MGB’s bigger brother, the MGC.

All 1972 MG MGB body types

Year Make Model Submodel Body Type Engine size Average value
1967 MG MGB GT Mk II Coupe 1.8 L £ 4,000 7,300 13,200 19,100
1967 MG MGB Mk II Roadster 1.8 L £ 5,000 8,900 16,200 23,900
1972 MG MGB GT Mk III Coupe 1.8 L £ 3,500 6,000 11,400 17,100
1972 MG MGB Mk III (Chrome Bumper) Roadster 1.8 L £ 4,400 8,500 15,200 21,000
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