Is price drop enough to motivate you into an RV8?

I’m currently wondering if the MG RV8 is catching the MGB’S malaise. Bs of all persuasions have been slipping back in value over the last 18 months, with even market darlings like pull-handle ’63s and MGC roadsters showing signs of weakening.

In September a very proper MG RV8 was knocked down for £13,800 at Morris Leslie’s sale in Perth, Scotland. A ’93, Uk-supplied, early chassis number in Woodcote Green, it had only done 50k, with history and came with an MGR registration. And that price wasn’t a fluke, because in June Anglia sold a ’94, also in default green with 34,000 miles, reimported from Japan, also with an MGR plate for £13,500.

In September Manor Park Classics sold one of the last Uk-supplied cars, registered in

1998, in Woodcote Green with a long history file for £14,000. A couple of years ago nice mid-mileage Uk-supplied MGR V8s were an easy £22k – and anything that had covered a sensationally low mileage was getting on for £35,000. That’s all changed now.

But with that torquey 3.9 V8, leathery cabin and stirring soundtrack, £13,500 for a decent example with history feels good value to me. I know the image is slightly beardy, but the RV8 is quick, interesting and uncomplicated. Fit electric power steering and it transforms the weight of the steering around town. So, here’s the question – will the RV8 follow the recent trajectory of other MGBS and slip down to, say, £10k? That’s the tantalising possibility. It would make an RV8 one of the best value old-school V8 convertibles around. Or have they bottomed out at £13k before starting to move up again?