1972 MG MGB - Classic Car Price Guide

History of the 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.

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Get more in depth information about these cars' values
Year Make Model Submodel Body Type Engine Average Value
1972 MG MGB Mk II Roadster
£10,000
1972 MG MGB Mk III (Chrome Bumper) Roadster
£9,600