BUYING WITH CONFIDENCE
CONCOURS £4500- 10,000+ 1 ORIGINAL’S BEST
Although a few MGF restorations are now being carried out, it’s original cars – and special editions in particular – that currently carry the greatest premiums.
2 TIP-TOP FOR £10k
Very low mileages, and pristine paint and trim are what counts here, especially for cars that have been valued anywhere near £10,000.
3 THINK EARLY OR LATE
The highest prices are typically paid for late, limited run cars, though exceptional early cars will tempt diehard marque enthusiasts to open their wallets.
GOOD £1800- 6000 1 KEEP YOUR HEAD
You need to be able to trust the mechanicals. That usually means that cylinder head gasket woes must be already sorted, so ask for proof…
2 GASKET CASE
… but if you’re still concerned, some specialists are beginning to offer a 12-month gasket guarantee.
3 WATCH THE MILEAGE
Low mileages are relatively common among MGFs (many have been fair weather-only second cars for many years), making it almost a prerequisite for any examples claiming to be a cut above the rest. Check old MoTs to verify the odometer reading.
USABLE £700- 2500 1 GET WHAT YOU PAY FOR
MGFs can be potential bargains if they’re mechanically strong and have been well-maintained, but unloved examples can rapidly sink beyond economical repair.
2 LIMITED MEDIOCRITY
Shabby cars must be limited runs to command anywhere near £4000. Unremarkable examples are typically priced at less than £2000.
3 RUSTY UNDERSIDES
Corrosion is likely to be an issue on unrestored and/or indifferently maintained cars in this price bracket, especially subframes and suspension components on early cars.
PROJECT £400- 1200 1 PROJECT SORN
Most projects are MGFs (as opposed to later TFs), about half of which are currently on SORN. Relatively speaking, project ‘ TFs are in something of a minority.
2 SUSPENSION ISSUES
Hydragas problems can be difficult for the home mechanic to remedy, and some parts availability isn’t brilliant.
3 NO MoT? NO POINT!
It’s extremely difficult to justify buying a car without an MoT – unless it’s practically being given away – because roadworthy examples are so plentiful and cheap.