1978 MG Midget MK IV Valuation
Perfect Condition
$5,150 - $13,750
Excellent Condition
$3,800 - $5,150
Good Condition
$2,940 - $3,800
Fair Condition
$1,900 - $2,940
Median Sale Value
$3,800
Lowest Sale Value
$1,900
Highest Sale Value
$13,750
Data based on 21 auction sales.
About the data.
Examine the data.

•Average Sale Value : $4,675 (disregarding 5% of high And low sales)

Current Year Average : $3,300 (-14.08% vs avg. sale value)
note: The images shown are representations of the 1978 MG Midget MK IV and not necessarily vehicles that have been bought or sold at auction.

EnginesMedian Sale
1978 MG Midget MK IV Median Auction Sale Value by Year (prices in USD$)
YearMedian SaleHigh SaleLow SaleConsignments#SalesSell Through Rate
2020$3,300 $3,300$3,30011100%
2018$3,200 $3,200$3,2003133%
2016$5,750 $7,000$4,5003267%
2015$2,546 $2,940$1,9007457%
2014$4,506 $10,000$3,82833100%
2013$4,900 $7,000$2,09844100%
2012$3,600 $7,000$2,9884375%
2011$13,750 $13,750$13,7503133%
2006$8,168 $8,168$8,16811100%
2001$3,800 $3,800$3,80011100%

Performance and Specification Comparison

Price Comparison

1978 Midget MK IV
$4,490-$109,800
1978 MG Midget MK IV Base Price : $4,490

Model Year Production

#1#2#3MG
1983Renault (1,491,853)Chevrolet (1,175,200)Toyota (1,068,321)
1982Renault (1,491,853)Chevrolet (1,297,357)Toyota (1,068,321)
1981Chevrolet (1,673,093)Renault (1,295,713)Toyota (1,068,321)
1980Chevrolet (2,288,745)Renault (1,492,339)Ford (1,162,275)
1979Chevrolet (2,284,749)Ford (1,835,937)Renault (1,405,330)26,025
1978Chevrolet (2,375,436)Ford (1,923,655)Renault (1,240,941)26,656
1977Chevrolet (2,543,153)Toyota (1,884,260)Ford (1,840,427)34,794
1976Chevrolet (2,103,862)Toyota (1,884,260)Ford (1,861,537)28,436
1975Chevrolet (1,755,773)Toyota (1,714,836)Ford (1,569,608)27,946
1974Chevrolet (2,333,839)Ford (2,179,791)Renault (1,355,799)
1973Chevrolet (2,579,509)Ford (2,349,815)Fiat (1,390,251)31,991

MG Production Figures

Total MG Production for 1978 : 26,656
Midget 1500 Production (1974-1979) : 72,185
1978 MG Midget MK IV
Roadsters : 9,385

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