1973 Triumph Spitfire 1500

2dr Convertible

4-cyl. 1493cc/57hp 2x1bbl

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$10,400 CAD*

+13%
#4 Fair condition#4 Fair
Value Graph07/2410/2401/25$2k$4k$6k$8k$10kApr 2025
Pricing adjustments
-20% for 6-cyl.
Adjustments are in USD
-20% for 6-cyl.
Adjustments are in USD
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1962-1980 Triumph Spitfire stats
Sales
17
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Model overview

Model description

Triumph was caught flat-footed by rival BMC’s introduction of the Austin-Healey Sprite and the MG Midget. Needing a low-priced sports car of its own to compete, Triumph turned to the rather lackluster small Herald sedan as potential small sports car underpinnings. Giovanni Michelotti, Triumph’s favorite Italian designer came up with a design for the Herald chassis that unlike the Sprite and Midget, was truly beautiful. Named after the famed Battle of Britain fighter plane, the early Spitfire’s beauty was, however, largely skin deep. Even with twin SU carbs, the Herald’s tiny 1.1 liter engine made little power and the swing axle rear suspension made for potentially hazardous handling near the limit. More power came with the Mk II and these early cars are quite desirable if the driver respects the limitations of the rear suspension design. U.S. pollution and safety regulations began to hit the Spitfire after 1967 with the Mk III heralding revised (and less attractive bumpers) and less horsepower in spite of a displacement increase to nearly 1.3 liters. In 1970, Michelotti once again turned his attention to the car, cleaning up the front and rear and engineers finally resolved the treacherous swing axles. This variant was dubbed the Mk IV. The final variant arrived in 1973 with the insertion of the 1500cc unit from the MG Midget appropriately named the Spitfire 1500. It remained unchanged until 1979 when it gained large, rubber bumpers before bowing out entirely in 1980. All Spitfires are attractive, inexpensive to maintain, easy to find parts for and offer a great deal of fun for the money. Their high production numbers also mean that examples are relatively simple to locate.

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Common Questions

The value of a 1973 Triumph Spitfire 1500 can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $32,800 USD for a 1973 Triumph Spitfire 1500 in good condition with average spec.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

All prices shown here are representative of stock condition vehicles only and based on various data sources, as detailed in About Our Prices. Value adjustments for optional equipment are in U.S. dollars. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.CA/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of the Hagerty Group LLC, ©2025 The Hagerty Group, LLC. All Rights Reserved.

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