- Auctions
- NEC Classic Motor Show Sale 2019
- 1974 MG B GT V8
1974 MG B GT V8
Lot Number: 250
1974 MG B GT V8
Incredibly original V8 that has covered only 4,425 miles
- Sold for: £31,500
LIVE AUCTION: This lot was auctioned on Saturday 9th November, 2019 at 2.00pm GMT at NEC, Birmingham, B40 1NT
-
BODY COLOUR
Green -
DRIVE
RHD -
REG NUMBER
PTP 542N -
ODOMETER READING
4425 Miles
SUMMARY
Incredibly original V8 that has covered only 4,425 miles
DESCRIPTION
- Rare and sought-after chrome bumper car, one of only 2,591
- Supplied new on 04/07/1974 finished in Tundra Green with an Autumn Leaf interior
- Fitted from new with Overdrive, seat belts, V8 mud flaps, alloy wheels and Avon Turbosteels
- Hardly used by its first owner and sold in 1987 with just 1,087 miles
- The next three owners also used it lightly. Current warranted mileage now 4,425
- Would benefit from some engine bay detailing which would not spoil its originality
- V5c, MOT history, original production card, owner's manual and two sets of keys
This remarkably original MGB GT V8 was built in June 1974 and dispatched on the 04/07/1974 by MG dealer Kennings Limited. It was factory finished in Tundra Green with an Autumn Leaf interior and was originally ordered with Overdrive, stereo, auto seat belts, heater, V8 mud flaps, and Dunlop cast-alloy wheels fitted with a set of Avon Turbosteels all of which the car retains to this date. It's presented for sale today with a warranted mileage of just 4,425!
Very low mileage cars nearly always have a tale to tell and PTP 542N (originally SAJ 683N) is no exception. Several months into the first owner's tenure and with just 1,078 miles on the odometer, the V8's unique Dunlop composite steel/alloy wheels were stolen. The owner evidently took this event very badly as, following their replacement, the MG was moved to a garage on his estate and, sadly, never driven again. With his passing in early 1987, the estate and indeed the MG were sold at auction, the mileage recorded still at just 1,078 and still sitting happily on its replacement wheels. The car was purchased by Alexandra Motors of Portsmouth, who presumably prepared it for sale after those years in the garage and subsequently sold it in July 1987 to its second custodian, a Mr Ponton of Hampshire. During Mr Ponton's ownership, the MG was used sparingly increasing the odometer reading to just 3,932 miles. In April 2011, the decision was made to sell and the car passed onto its third owner Mr Foat of Bognor Regis. Some three years later he, in turn, decided to move the MG on and, in May 2014 at just 4,059 miles, it was purchased by its most recent owner who has a penchant for totally original, low mileage classics and added to his collection storing it correctly and using it only occasionally.
All the usual paperwork is in the car's history file including the V5c logbook, copies of previous logbooks, the current MOT, previous MOT's, DVLA MOT history, old tax discs, DVLC correspondence, insurance valuations, various invoices, the original production card which is exceptionally rare, the V8 owner's manual and two sets of keys.
Although in lovely original condition, a little fettling and detailing to the engine bay would bring the car to the next level and, given that top examples of this model are now making substantially more than the estimate suggested here, this low-mileage, well-historied, four-owner V8 should amply reward the remedial tidying-up now required. What a great find!
SPECIFICATION
- Lot Number
- 250
- Make
- MG
- Model
- B GT
- Registration Number
- PTP 542N
- Chassis Number
- GD2D11827G
- Engine Number
- 4860-1761
- Body Colour
- Green
GALLERY
CONSIGNOR
Lionel Abbott
- Car Specialist
- 07831 574381
- lionel@iconicauctioneers.com
For further information regarding this lot please contact Lionel.
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