Leading online classic car auctioneer,Â The Market, will offer an extremely rareÂ 1981 MGB GT V8 SECÂ this month, one of just five â€˜Special Edition Classicâ€™ MGBs made, in an online sale running from 21stÂ to 28thÂ May.
Built from the final, unsold MGBs to leave the MG Abingdon factory before its closure in 1980, the â€˜SECâ€™ series of one-off sports cars were built by a collaboration between British Leyland, MG Ownerâ€™s Club and The Abingdon Classic Car Company.
The team who engineered each car consisted almost entirely of former MG employees, who stripped back standard MBGs to install a luxury interior, upgraded performance and the reintroduction of classic design elements, converting the humble MGB into a luxury car for the specialist market.
With just two of the five SEC cars known to have survived, The Market will auction the only GT V8 SEC made, registered â€˜SRT 856Wâ€™ and finished in black, with a guide price of Â£28,000 to Â£40,000.
â€œThe level of finish and quality of this car is nothing like any other MGB. Itâ€™s more like an Aston Martin,â€ comments Tristan Judge, director, The Market. â€œThe SEC cars hold a special place in MGB history but few people are aware of them. With such small numbers made even less remain, which means one thing; rarity. This is a case of try to find another! Itâ€™s simply impossible, this is it.â€
The original sales invoice from The Abingdon Classic Car Company shows that the first owner was Kay Shoemakers Ltd of Kendall, Cumbria. The car then spent a period of time in Sweden. The current owner, who has owned the car for three years, used it regularly in Europe before repatriating it to the UK last year.
The carâ€™s high specification combines glorious classic looks with upgraded performance. Under the bonnet is a V8 engine (in updated Rover SD1 form) complete with its five-speed gearbox. The interior features black leather hide, Bedford cord headlining, Wilton wool carpets, leather and walnut veneer dashboard, and door cards and seats in matching black leather with red piping.
Classic features that have been reintroduced include a chrome bumper in place of rubber, an earlier grill and lowered suspension to pre-1974 specifications.
Extras ordered at the time of purchase include the period glass â€˜sun hatchâ€™ roof, limited edition alloy wheels, map pockets, stainless steel exhaust system and bespoke Moto-Lita steering wheel. The car also benefits from Protectol corrosion protection and improved sound proofing.
The original invoice for the car totalled just over Â£13,100, significantly higher than the standard model price at the time of approximately Â£5,500.
â€œThereâ€™s little doubt that this SEC has been cherished from the word go. It is highly original with first-class provenance including the original factory purchase details. This is a car for the serious MG enthusiast and itâ€™s an absolute showstopper,â€ concludes Tristan.
A comprehensive history file accompanies the car including numerous period documents including the original sales invoice (a BL Heritage stamp shows that the company was an approved restorer) and a British Motor Industry Heritage Trust Certificate. The history file also includes correspondence with the MG Ownersâ€™ Club, who prompted the SEC project in the first instance, a selection of invoices, and magazine articles.
In April, The Market achieved its second consecutive record month of sales, with a sales rate (90 per cent) which positions it as the current leading classic car auction house in the UK. Buyers from The Market pay only what they bid with no additional auction fees.
To find out more about the 1981 MGB GT V8 SEC for auction with The Market visit:Â https://themarket.co.uk/listings/mgb/gt-v8-sec/5b2a6a03-63b3-4dda-b888-a3fcb10bedb6?status=preview.
*Article Source https://themarket.co.uk/