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Australia market

MG Midget

1961–1980

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  • 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

    +$10,525+40%

    10 with · 7 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 Australian MG Midget market has reached a floor, with the median price settling at $26,500 AUD after a 6.8% decline over the past twelve months. The "Bottomed Out" signal and thin liquidity environment suggest that downward momentum has exhausted itself, though conviction remains moderate given the very small sample size of just three tracked sales.

Liquidity remains a meaningful constraint, with virtually no active listings in the current market and only three sales recorded over the past year. This thinness works both ways: it limits price discovery but also means that motivated buyers and sellers can move with relative speed once engaged, since the pool of participants is discrete.

The Midget occupies a stable-modern-classic classification with a collectibility score of 5, positioning it as a genuine collectible rather than a disposable used car. However, desirability remains low, which explains the downward pricing trajectory and the lack of inventory turnover. Production volume data is not available, but the scarcity of transacted examples suggests limited supply chasing even more limited demand.

The base case projection shows continued softness over the next three to five years, with values declining to roughly $22,500 by year three and $21,400 by year five—erosions of 15% and 19% respectively. This outlook reflects the car's struggle to attract a wide audience despite its classic status, suggesting that its appeal remains confined to a narrow band of enthusiasts rather than expanding toward mainstream collector interest.

For buyers, the current entry point may represent reasonable value given the Midget's longevity and the apparent stabilization in the price base. Sellers should recognize that patience and realistic pricing will be necessary in a market where annual transaction volume barely reaches single digits.

Depreciation Benchmark

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

Vehicle History Signals

  • Auction lots tracked17
  • Damage or salvage declared0 (0.0%)
  • No damage declared17 (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.