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MILE CLUBSHARED CLASSIC CARS · IRELAND
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MGB shares in Ireland

The MGB is the classic most Irish people picture first: simple, strong, cheap to fix and still fun on a back road. It is also one of the easiest cars to share, because parts are everywhere and any decent garage can work on one.

Built1962 to 1980
What a good one costsRoughly €8,000 to €18,000 for a tidy GT, €12,000 to €30,000 for a good roadster, more for a properly restored chrome-bumper car.
Example share1/3 of a 1969 MGB roadster: €6,000
Running costs per shareAbout €92 a month, before fuel
Motor tax (1969 car)Vintage motor tax, €56 a year
NCT (1969 car)Exempt from NCT (over 40 years old, private use)
A 1969 MGB roadster
Photo: DeFacto, CC BY-SA 4.0

Why an MGB works as a shared car

Running costs are low, so a three-way split brings a roadster down to the price of a gym membership. The car is robust enough for different drivers, and the overdrive makes motorway runs to Kerry or Donegal relaxed.

Which one to buy

Chrome-bumper cars (to 1974) are worth more than rubber-bumper ones, which sit higher and handle less sweetly. The GT has a tailgate and a roof, which suits Irish weather and costs less.

What to check before you buy

  • Sills and castle rails first. The sills carry the strength of the body, and cheap cover sills hide rot.
  • Front wings, A-posts and the bottom of the doors for bubbling, plus door gaps that close up when you jack the car.
  • Kingpins and front suspension bushes. Clonks over bumps mean work, though parts are cheap.
  • Overdrive that engages cleanly in third and fourth. A lazy overdrive is often just low oil or a solenoid.
  • Oil pressure warm, and a crankshaft that doesn't move forward and back when the clutch is pressed.

Whatever the car, get an independent inspection before you pay for a share, and read what goes in a co-ownership agreement.

MGB shares for sale

The cars shown are examples while our first owners sign up.

Enniskerry, Co. Wicklow

1969 MG MGB

Roadster · 2 of 3 shares available
1/3 share€6,000
Running costs€92/month
Points a year40
Car value€18,000
Dalkey, Co. Dublin

1973 MG MGB

Roadster · 3 of 3 shares available
1/3 share€6,350
Running costs€93/month
Points a year40
Car value€19,000

Own an MGB? Sell shares in it and keep one for yourself.

MGB shares, answered

How much does a share in an MGB cost?

It depends on the car and how many shares it's split into. As an example, a 1969 MGB roadster worth €18,000 split 3 ways is about €6,000 a share, with running costs of around €92 a month each before fuel.

Is an MGB a good first classic?

Yes. It's simple, parts are cheap, and specialists all over Ireland know them. Buy the best bodywork you can afford, because mechanical work is the cheap part.

Is an MGB comfortable for long drives?

With overdrive, yes. It cruises at motorway speeds without fuss. The roadster is draughty with the hood up, so the GT is the better winter car.