1954 MG TF Five-Speed







Ended Aug 18, 2025 at 7:05 PM UTC
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Addenda and errata
Please note this auction has been extended to accommodate the seller's schedule.
Description
The 1954 MG TF was the final evolution of MG’s T-Series Midget line, which began in 1936. Introduced in late 1953 after the release of the new MGA was delayed, the TF was essentially a facelift of the MG TD. It retained its traditional body-on-frame construction and pre-war styling cues, but with notable refinements like a sloping bonnet, faired-in headlamps, and a raked grille, giving it a more streamlined and modern appearance.
Initially powered by a 1250cc XPAG inline-four engine producing around 58 horsepower, a 1466cc engine was introduced mid-year. All 1954 TF models received a four-speed manual gearbox. Only 9,602 TFs were produced between 1953 and ’55, making it one of the rarer T-Series models.
This 1954 MG TF underwent a full restoration in 2015-17 under previous long-term ownership, which included an engine rebuild, a transmission upgrade to a five-speed Ford Type 9 manual, fresh MG Red paint, new soft top, and new interior (while keeping the original steering wheel and gauges). The car has been driven only 177 miles since it was restored.
Highlights
Complete restoration by G&R Autoworks of Keene, New Hampshire, from 2015-17 (243 labor hours) included:
Rebuilt 1250cc XPAG inline-four engine
Ford Type 9 five-speed manual transmission from a 1983-91 Ford Sierra (referred to as N type in Haynes Owner's Workshop Manual: Ford Fiesta)
Lighting and wire-up
New windshield glass
Refinished in original Dark Red (MG Red) paint
New beige convertible soft top
New beige leather upholstery, dash, carpet, red paint, seat belts
“The MG Car Company Ltd.” chrome door sill plates
Painted wheels
New Blockley 165VR15 tires
The chassis number (HDC461309) decodes as:
H – MG (Morris Garages)
D – Two-seat open roadster
C – Dark Red (MG Red) paint
4 – LHD for North American market
6 – Cellulose paint on body, synthetic finish on fenders and splash pans
1309 – Serial number
The engine number (XPAG/TF/31116) decodes as:
H – XPAG – 1250cc engine with oval water holes and eight-inch clutch
TF – MG TF series
31116 – Serial number
Features
Original three-spoke steering wheel
Original instrumentation: 100 mph speedometer, 5,000 rpm tachometer, and gauges for water temperature, oil pressure, and amps
Original 15-inch wheels and hubcaps
Known Imperfections
Small blemish on clear plastic rear window due to improper folding
Light pitting on rearview mirror chrome
Included
Spare tire mounted on rear
2 keys and 2 new spare keys
2 New England MG T Register grille badges
New England MG T Register cloth patch
Complete restoration file from G&R Autoworks
Ownership History
According to the New York state seller of this 1954 MG TF, the car was previously owned by Thomas L. Hoy, ex-President, CEO, and Chairman of The Glens Falls National Bank and Trust Company and its parent, Arrow Financial Corporation. Hoy, who passed away in 2023, loved this MG and drove his wife, Sally, around Lake Champlain and the Adirondacks whenever the weather cooperated. The well-maintained roadster underwent many improvements over the years, including a full restoration — it has been driven only 177 miles since being restored. The car was last on the road in 2023.
Additional documents
All auction listings on Hagerty Marketplace are created using information provided by the seller. The Marketplace team and the seller have reviewed all information for accuracy to the best of their abilities. Bidders are ultimately responsible for conducting their own due diligence before placing a bid, including verifying details, condition, registration requirements, and compliance with applicable laws. For any questions or additional information, contact the seller.
