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1972 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
$9,300*
+12%
#4 Fair condition#4 Fair
Apr 2025
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1970-1974 MG MGB stats
Highest sale
$88,521
Lowest sale
$624
Most recent sale
$13,617
Sales
733
Photos
1 photoImage may not reflect selected vehicle.
Past sales
$13,617
1972 MG MGB Mk III
Standard
Europe
May 4, 2025Car and Classic
View details
$10,080
1974 MG MGB Mk III
45000 M
Standard
North America
May 3, 2025Bring a Trailer
View details
$2,750
1973 MG MGB Mk III
Standard
North America
Apr 24, 2025Barrett-Jackson
View details
$9,367
1972 MG MGB Mk III
Europe
Apr 21, 2025Car and Classic
View details
$14,490
1974 MG MGB GT
81000 M
Standard
North America
Apr 13, 2025Bring a Trailer
View details
$13,650
1973 MG MGB GT
92000 M
Standard
North America
Apr 4, 2025Bring a Trailer
View details
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Model overview
Model description
The 1972 MGB underwent significant changes from the year before, including the return of a glove box, fresh air vents and a redesigned heater, a center console with an armrest and storage underneath its hinged top. MGB GT seats gained brushed nylon center panels, which proved short-lived and are often replaced with the roadster’s woven vinyl. The black interior was replaced with Navy Blue, which lasted until mid-1973 and the attractive Autumn Leaf color interior continued.
The MGB engine was now designated 18V and painted black. Duplex timing chains were replaced by a single unit. The compression ratio was now a disappointing 8:1 but the emissions system worked reasonably well. Emissions air pumps were often removed and are hard to find today.
MGB colors continued to improve. They would change every year from now on. As always Black was listed as a special order option. Teal Blue continued along with Harvest Gold, Green Mallard (replacing Dark British Racing Green), Blaze Orange, Flame Red, Aqua Turqoise (one year only), Bronze Yellow, and Glacier White. Mustard, Bedouin Beige, and Midnight Blue were discontinued. All interiors were Navy Blue, except Black could also be Autumn Leaf and Teal Blue and Green Mallard were both Autumn Leaf.
MGB production continue almost unchanged from 1971 with 23,960 roadsters sold. U.S. sales totaled 18,249, while the UK bought 4421 units. MGB GT sales amounted to 11,952 units, down slightly from the previous year’s 13,612 sales. U.S. buyers bought 3609 GTs while the UK purchased 7090, a curious trend which would continue until the GT was discontinued in the U.S. at the end of 1974.
U.S. 1972 MGB roadster prices began at $3320, while the GT now started at $3615. Hardtops and overdrive gearboxes were optional extras. Wire wheels were discontinued in the U.S. in June 1971 and only the Rostyle steel mag-style wheels were available until special edition alloy wheels towards the end of production in 1980.
Vehicle specifications
- Shipping Weight2190 lbs
- Vehicle Length153.2 in
- Wheelbase - Inches91 in
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Common Questions
The value of a 1972 MG MGB GT can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $9,300 for a 1972 MG MGB GT in good condition with average spec.
The highest selling price of a 1972 MG MGB GT at auction over the last three years was $37,348. 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 1972 MG MGB GT at auction over the last three years was $3,644. 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 17 1972 MG MGB GTs sold at public auction.
The most recent auction sale of a 1972 MG MGB GT was $8,145 on March 24, 2025 by Car and Classic.
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.