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Australia market

MG Midget

1961–1980

Add to Garage
  • Lowest price

    $15,000

    Since 2020

  • Median price

    $26,500

    Since 2020 · n=3

  • Highest price

    $28,250

    Since 2020

  • Sold cars

    3

    All time

  • Sell-through

    100%

    Of 3 lots

MG Midget

Based on 3 verified auction results

BUYBottomed Outmedium confidence

$26,500

Market value · recent verified sales

-6.8%

12-month change

Buy

Conditions favour buyers. Negotiate on spec and condition.

Price has settled around current levels after a decline (12-mo change -6.8%). Often a buy window before recovery.

MSRP

Collectibility

5/10

Collectible

3-Year Forecast

$22,543

-15%

5-Year Forecast

$21,426

-19%

Estimates based on 3 verified Australia sales.

Market scores

34

Desirability

Thin

30

Liquidity

Moderate

40

Resale Outlook

Option premiums

What every option is worth.

  • Built ≤ 1972

    +$6,590+25%

    10 with · 5 without · med confidence

Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.

Marque analyst note

The MG Midget in the Australian market currently trades at a median of AUD $26,500, down 6.8% year-on-year, though the sample size of three transactions over the past year warrants cautious interpretation of short-term direction. The "Bottomed Out" status signal and BUY rating suggest the market has reached a floor, supported by medium confidence in underlying fundamentals.

Liquidity remains thin with no active listings tracked and only three sales recorded in a 12-month period, indicating this segment moves slowly and buyers should expect extended search windows and limited negotiation leverage. The low desirability profile typical of these vehicles means pricing power is constrained and inventory turnover is measured.

MG Midgets occupy the stable modern classic tier, positioning them as usable heritage vehicles rather than blue-chip investments. The collectibility score of 5 reflects their place as recognized British Leyland-era curiosities with modest but genuine enthusiast appeal, though mainstream collector interest remains subdued.

Base projections show material downside ahead: the three-year outlook points to AUD $22,543 (down 14.9%), with five-year estimates settling near AUD $21,426 (down 19.1%). This trajectory suggests continued gradual erosion unless fundamental demand drivers—such as broader British Leyland heritage appreciation or export interest—shift meaningfully in the medium term.

The combination of thin trading, low desirability, and downward price projections creates an asymmetric risk profile where buyers should focus on condition and acquisition price relative to the AUD $26,500 median rather than recovery expectations over the next three to five years.

Depreciation Benchmark

  • Current avg value$26,500
  • Annual appr. rate-6.8%/yr

Vehicle History Signals

  • Auction lots tracked15
  • Damage or salvage declared0 (0.0%)
  • No damage declared15 (100.0%)
No damage or salvage declarations found in the titles and descriptions of the auction lots we track for this model. That's a good sign, not a guarantee — always commission a professional inspection and history check before buying.

Est. Annual Ownership Costs

  • Insurance (agreed value)$910
  • Maintenance$1,830
  • Storage$4,870
  • Depreciation$1,620
  • Total annual cost$9,230

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months0
  • Sell-Through0%

Market Snapshot

  • Active Listings0
  • Avg Sale Price$23,250
  • Avg Mileage at Sale
  • Recent Price Range$15,000 – $28,250
  • Total Sales Tracked3

Recent sales

  • $15,000

    Collecting Cars · 6 Nov 2024

  • $26,500

    Collecting Cars · 19 Aug 2024

  • $28,250

    Collecting Cars · 21 Sept 2023

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.

MG Midget Prices & Market Data — Australia | Marque