MGB: Are you in the market for a new B? Check this one out...

Oct 09, 2008 23:33:29
kerim21

I was browsing through ebay when I ran into this...

http://cgi.ebay.com/ebaymotors/MG-MGB-B-1962-MG-B-FACTORY-LIGHTWEIGHT-SEBRING-RACE-CAR_W0QQcmdZViewItemQQ_trkparmsZ39Q3a1Q7c66Q3a2Q7c65Q3a10Q7c240Q3a1318QQ_trksidZp3286Q2ec0Q2em14QQhashZitem260298346002QQitemZ260298346002

Oct 10, 2008 00:08:54
Steve S

I just saw this car racing at Laguna Seca last March. Took a few photos in the paddock. Very, very cool car.

Oct 10, 2008 05:19:29
losmorob

Very nice car. Took pics of it last March. I saw it againin August at an auction in Monterey. Didn't sell then. It is the real deal...but 100G's?

Oct 10, 2008 05:34:14
underdog

Nice! I think 100grand is going to be tough sleddin though especially in light of the current economy or should I say no economy. I'm curious to see what happens at Barret Jackson with the situation we're in.

Oct 10, 2008 05:59:02
Irex511

Absolutely gorgeous.

Oct 10, 2008 06:40:35
B..seein ya

That car has one hellavu pedigree!

Oct 10, 2008 06:51:04
Rictus

IF the history is as presented, I wouldn't have washed the car, let alone 'restored' it.

Oct 10, 2008 07:18:05
Wiley1

I agree with Jim Underwood,.. what economy??? Well, Barrett Jackson is due in the middle of October and we will be able to see just how much the economy is affecting the collector car market , peoples' overall expectations of appreciation and the amount of money left to buy toys.

Oct 10, 2008 08:46:40
tennsmith

I predict Barrett-Jackson will be same as always. The players there are in a much different league from the rest of us. :)

Oct 10, 2008 10:37:57
bobmunch

I'm not much up on the Sebring cars, but I did have to wonder, after looking at this very nice car, where the Sebring fairings were that we see marketed?? I assume they must have been something that came later??

Oct 10, 2008 10:50:24
Bill C

Seconding Bob's question and wondering about the exhaust set up. I'm surprised to see a muffler of that size.

Oct 10, 2008 10:58:50
danthefitman

He's high for thinking he'll get that much money - take another hit dude - then re-structure the sales price.

Oct 10, 2008 12:19:54
underdog

But it does come with stuff in writing. :)

Oct 10, 2008 13:40:39
danthefitman

...and the remains of John Thornley in small vase in the passenger footwell.

Oct 10, 2008 14:08:39
FTD in an MGB

I think $100K is completely fair for it. Pay to restore a "regular" MGB to this standard and it would exceed $50K - halfway to the sale price and without the provenance of this car.

Oct 10, 2008 17:05:04
danthefitman

I still think he's high - what fool would pay that much for an MGB when you could get one for 90% less or more - restore it yourself and it would look damned good. My engine bay looks better than the 100K bay!

Oct 10, 2008 17:26:47
Steve S

And you could have spent less money for a better car than an MGB, but you didn't. I see nothing wrong with paying a solid amount of money to own a piece of automotive history. If provenance had no value, then the original Mona Lisa would be no more valuable than a copy.

Additionally, looks have nothing to do with the reason someone will buy the Sebring MGB in question. It's about history. I'm sure you love your car, but it has no such history, nor does it have an aluminum body and factory competition parts, nor has it been prepared or driven by legendary people from the racing scene. Saying you could get a good facimile of that car for 90% less is absurd since the very reason for owning it has nothing to do with what it looks like!

Personally I would be proud to own the MGB in question, but I don't have $100K burning a hole in my pocket.

Oct 10, 2008 17:34:00
brownsgolf

danthefitman Wrote:

Quote: "
I still think he's high - what fool would pay that much for an MGB when you could get one for 90% less or more - restore it yourself and it would look damned good. My engine bay looks better than the 100K bay!
"


Thats a matter of opinion, however what gives that car the value is what inside the engine and what that has been able to do in the past

Oct 10, 2008 18:20:05
Rictus

FTD in an MGB Wrote:

Quote: "
I think $100K is completely fair for it. Pay to restore a "regular" MGB to this standard and it would exceed $50K - halfway to the sale price and without the provenance of this car.
"


In a case like this, though, restoration would decrease the value of the car, I would think. Original unrestored would be the hot ticket.

What one has invested and what the market will bear have very little relation to each other.

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