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1970 MG MGB GT
2dr Coupe
4-cyl. 1798cc/95hp 2x1bbl
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good
$9,600*
+11.6%
#4 Fair condition#4 Fair
Jan 2025
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1970-1974 MG MGB stats
Highest sale
$88,521
Lowest sale
$624
Most recent sale
$40,950
Sales
716
Past sales
$40,950
1973 MG MGB GT V8
95000 M
Standard
North America
Mar 2, 2025Bring a Trailer
View details
$8,183
1970 MG MGB Mk II
Standard
Europe
Feb 28, 2025Car and Classic
View details
$16,505
1970 MG MGB Mk II
39169 M
Standard
Europe
Feb 26, 2025Collecting Cars
View details
$8,786
1972 MG MGB Mk III
57786 M
Standard
North America
Feb 10, 2025AutoHunter
View details
$5,775
1973 MG MGB Mk III
70000 M
Standard
North America
Feb 9, 2025Bring a Trailer
View details
$11,977
1972 MG MGB GT
Europe
Feb 9, 2025Car and Classic
View details
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Model overview
Model description
Triumph-dominated British Leyland started to exert its influence on the 1970 MGB, even as it promoted Giovanni Michelotti’s Triumph TR6 roadster, brilliantly face-lifted from the dated TR5/TR250.
First thing to go from the MGB was the classic vertical barred grille, replaced by a recessed grille with a chrome surround and new colored central badge. The aluminum hood was now steel but the hood center hood molding remained, though the badge was no longer below it. The rear bumper was split with the license plate between the halves – an experiment which lasted only one year. U.S. cars had rubber inserts in the overriders.
Inside, the three-spoked steering wheel was smaller and new woven vinyl reclining seats replaced leather surfaces. U.S. cars had headrests, which would be extended to other markets later and the choke was now a “T” lever. MGB Mk II color schemes all featured black vinyl seating without contrasting piping, and all had black top, boot cover and tonneau.
Sales continued to increase with 20,072 MGB roadsters finding buyers for the model year. As usual most (15,998) came to the U.S. with 4157 at the end of 1969 and 11,841 in the spring and summer of 1970. The UK bought 2410 roadsters. MGB GT sales didn’t have quite the same disparity, with 11,380 GTs sold and 6601 coming to the U.S. compared to 3611 sold in the UK.
Some new colors were introduced. Available MGB colors included Black (special order), Antelope Beige, Bermuda Blue, Blue Royale, Dark British Racing Green, Flame Red, Bronze Yellow, Pale Primrose Yellow and Glacier White. Grampian Gray, Sandy Beige and Metallic Golden Beige and Riviera Silver Blue were discontinued and Antelope Beige and Bermuda Blue were GT-only colors. This was the last year for Dark British Racing Green. Mk II color schemes featured black seating without contrasting piping, and all had black top, boot cover and tonneau.
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Common Questions
The value of a 1970 MG MGB GT can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $9,600 for a 1970 MG MGB GT in good condition with average spec.
The highest selling price of a 1970 MG MGB GT at auction over the last three years was $58,099. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.
The lowest selling price of a 1970 MG MGB GT at auction over the last three years was $2,376. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.
In the last three years there have been 21 1970 MG MGB GTs sold at public auction.
The most recent auction sale of a 1970 MG MGB GT was $2,900 on October 30, 2024 by Bring a Trailer.
Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.
Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.
Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.
The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.