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Cars / MG / Midget 1500Live
1974 MG Midget 1500

✦ Shifty Estimate

$6,100

16.6% · 12 mo
High confidence$3K to $10K
12 months median
$6K
Market cap
$450.8M · 73,899 built
Sales, 12 months
24

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1974 MG Midget 1500

1974 to 1979 · Roadster · 73,899 built

Price history

$5.0k$10k$15k$20kApr 20182020202120222023202420252026✦ SHIFTY ESTIMATE TODAY $6.1k
Sold Bid, not sold
79 sales · 8 unsoldmedian $5.9kupdated Sep 2026

Recent sales

83 sales

Specifications

Engine
I4, 1.5L
Power
66 hp
Torque
82 lb-ft
0 to 60
12.3s
Top speed
100 mph
Transmission
Manual
Drivetrain
RWD
Curb weight
1,808 lb
Production
73,899 units

Common questions

How much does a MG Midget 1500 cost?

Over the past 12 months, 24 have sold publicly at a median of $5,875. The Shifty Estimate for a well-kept example is $6,100. Cars have changed hands anywhere from $2,613 to $9,500, depending on mileage, color, and history.

What is a 1974 MG Midget 1500 worth today?

The Shifty Estimate is $6,100, down 16.6% over the past 12 months. Confidence is high: 24 public sales in a year gives a firm read.

Is a MG Midget 1500 a good investment?

Values are down 16.6% over the past 12 months. Only 73,899 were built. The caution is spread, not direction: across the sales we have on file, prices ran from $1,900 to $22,000, and mileage explains most of that.

What has a MG Midget 1500 sold for at auction?

The 3 most recent public sales we have on file:

  • $7,780Sep 1, 2026Black · 98,751 mi
  • $5,750Aug 29, 2026Red · 21,000 mi
  • $11,436Aug 27, 2026British Racing Green · 84,595 mi

The Midget 1500 represented the final evolution of MG's smallest sports car, introducing Triumph's 1.5-liter Spitfire engine to meet increasingly stringent emissions regulations. While the larger displacement improved torque and driveability, the change marked the end of the traditional A-series engine that had powered Midgets since 1961. These final Midgets featured the controversial black rubber bumpers mandated by US safety regulations, along with raised ride height that compromised the car's classic proportions. Despite these compromises, the 1500 offered the best performance of any production Midget, with improved acceleration and a genuine 100mph top speed. Today's collectors often view these as the most practical classic Midgets for regular use, though purists prefer earlier chrome-bumper examples. The 73,899 production run makes them relatively common among Midget variants.