1972 MG MGB

Mk II Roadster 1.8 L

Vehicle values by condition

Fair
Condition 4
£5,000
#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
£9,200
#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
£17,100
#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
£25,200
#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 Mk II Roadster 1798
valued at £9,200
£122.13 / year*

History of the 1967 - 1972 MG MGB

1967 - 1972 MG MGB
1967 - 1972 MG MGB

The MG MGB is a classic British roadster that was originally introduced in 1962. By 1967, changes were introduced that lead to the designation of MGB Mark II (officially the 1968 model year).

Like the MBG Mk I, the Mk II is a two-door roadster powered by a front mounted, rear-wheel drive 1798cc B Series engine. New gearbox ratios were introduced for the Mk II, with all four forward gears benefitting from synchromesh. An automatic transmission was also offered for the first time. The electrical system was also upgraded to negative earth, and the old dynamo replaced with an alternator.

In October 1969, series GHN5 from chassis number 187170 introduced more changes - Rostyle wheels were fitted, as was a matte black vertical grille with chrome trim British Leyland badges fitted to the wings, and a perforated spoke steering wheel came as standard. Reclining seats were also fitted to all cars at this point.

In September 1970, from chassis number 219002, the model received improved ventilation, interior courtesy lights, and telescopic boot and bonnet stays.

In August 1971 the Mk II MBG was discontinued with chassis 254942 being the final production car. The model was replaced with the Mk III.

Today the MGB remains one of the UK’s favourite classic cars. It is very easy to maintain, with superb parts availability and interchangeability across model types, meaning the cars are easy to ‘upgrade’ should the owner so wish. The car is still a plentiful classic, meaning buyers can afford to be selective.

Alternatives from the era are the Alfa Romeo Spider 2000 Veloce, the Fiat 124 Spider, and the Triumph Vitesse.

All 1972 MG MGB body types

Year Make Model Submodel Body Type Engine size Average value
1967 MG MGB Mk II Roadster 1.8 L £ 5,000 9,200 17,100 25,200
1972 MG MGB Mk III (Chrome Bumper) Roadster 1.8 L £ 4,400 8,800 16,000 22,100
1972 MG MGB GT Mk III Coupe 1.8 L £ 3,500 6,200 12,000 18,000
1967 MG MGB GT Mk II Coupe 1.8 L £ 4,000 7,500 13,900 20,100
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