The bottom may still be a long way off
There is often talk in the scene that certain vehicle categories are continuously losing value. The examples cited are often less sought-after pre-war cars, but also post-war vehicles that were still very much in the pre-war years. This category also includes cars from the MG T-Series, i.e. TC, TD and TF. Obviously, these cars were running out of trailers and were entering the market in large numbers. What's more, they were built in relatively large numbers at the time. For many years, they were among the most popular post-war roadsters of all, as they combined pre-war romance and appealing driving performance.
However, I was somewhat shocked when I saw the email from the American dealer "British Sports Cars " . On offer was a 1952 MG TD in green. The car had been restored many years ago, but was described as a "fantastic driver". It showed no signs of rust or accident damage. Even the engine is still the original one.
Of course, the TD no longer looks like new and could do with some work here and there, but it is rock solid and a car to enjoy and have fun in.
The advertised sales price was USD 14,995, which would be EUR 12,702 or CHF 14,697 at current exchange rates. It is certainly clear that you cannot expect a car that you can drive directly and successfully to the H-approval or veteran's inspection.
But the fact that a drivable MG TD is being offered for so little money is very surprising. Is it an outlier? Or just the current trend in the USA? Or the start of an avalanche?
