1948 MG TC Market Value & Price History
The 1948 MG TC has a current market value of $15,400 as of Oct 9, 2026, based on 51 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2003 between $23,000 and $36,000. Based on US sales through Sep 30, 2026. 3 have sold in the past 12 months. The median sale price is down 30.9% over the past 12 months versus one to three years ago.
Data: DriveIndex. 51 verified auction sales for the 1948 MG TC (47 in USD, the basis for every dollar figure here), latest sale Sep 30, 2026. Value as of Oct 9, 2026. Methodology
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See the TC's Value Signal with Pro →1948 MG TC Price History
The median 1948 MG TC sold for $31,500 in 2024, against $24,750 in 2006. Each row is the median of the verified sales recorded in that calendar year, so it moves with the mix of mileages and options that came to market as well as with the market itself.
| Year | Median sale | Sales |
|---|---|---|
| 2024 | $31,500 | 6 |
| 2023 | $23,099 | 8 |
| 2022 | $38,080 | 9 |
| 2021 | $36,000 | 3 |
| 2017 | $24,500 | 3 |
| 2014 | $25,850 | 3 |
| 2006 | $24,750 | 3 |
Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.
Recent 1948 MG TC Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| Sep 30, 2026 | $10,250 | 9,000 mi | Manual |
| Sep 8, 2026 | $18,750 | 2,000 mi | Manual |
| Dec 13, 2025 | $19,250 | 850 mi | — |
| Oct 2, 2025 | $22,250 | 6,000 mi | Manual |
| Jun 19, 2025 | $14,500 | 2,000 mi | — |
| Sep 29, 2024 | $15,006 | 25,000 mi | — |
| Jul 31, 2024 | $25,750 | 2,400 mi | Manual |
| Jun 19, 2024 | $28,500 | 600 mi | Manual |
| Apr 1, 2024 | $34,500 | 32,933 mi | Manual |
| Mar 7, 2024 | $25,500 | 12,000 mi | Manual |
| Feb 27, 2024 | $36,000 | 15,000 mi | — |
| Jan 27, 2024 | $41,000 | 500 mi | — |
| Dec 7, 2023 | $24,250 | 74,000 mi | Manual |
| Sep 13, 2023 | $21,948 | 26,000 mi | — |
| Sep 6, 2023 | $17,200 | 13,000 mi | Manual |
Verified results from the world's leading collector-car auction houses and marketplaces.
All MG TC auction results →See the full picture on the 1948 MG TC
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MG TC by Year
Which TC year should you buy? Every year compared →1948 MG TC: Frequently Asked Questions
How much is a 1948 MG TC worth?
A 1948 MG TC is worth approximately $15,400 as of Oct 9, 2026, based on 51 verified auction sales tracked by DriveIndex. Based on US sales through Sep 30, 2026. Half of all verified sales fall between $23,000 and $36,000; the full verified range is $10,250 to $77,000. Condition, mileage and options move an individual car within that band.
How many 1948 MG TC sell per year?
3 have sold at auction in the past 12 months. DriveIndex has tracked 51 1948 MG TC sales in total.
Are 1948 MG TC sale prices higher or lower than a year ago?
The median 1948 MG TC sale price is down 30.9% over the past 12 months versus one to three years ago, based on verified auction sales. That figure tracks the median of what actually sold, so it moves with the mix of mileages and options that came to market as well as with the market itself. The full Value Signal classification (appreciating, stable, bottomed, or depreciating) and its 1–5 year projection are part of DriveIndex Pro.
Where can I buy a 1948 MG TC?
DriveIndex tracks for-sale listings and auction results for the 1948 MG TC from the world's leading collector-car auction houses and marketplaces.
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