Unboring Bugeye: 1958 Austin Healey Bugeye Sprite Mk 1 – Sold!

Apr 2020 | Classifinds, Sports Car Saturday

Update: This one got away, but if you have your heart set on something similar, email us the details of what you’re looking for or call Rudy directly at (908)295-7330

April 11th Update:  we just noticed the private seller of this ’58 Bugeye Sprite we first featured on January 25th just lowered his asking price another $1,250 down to $16,750.  The current caretaker also added a number photographs of the excellent interior and detailed suspension we’ve now updated in this post’s gallery.  With the second price drop in as many weeks, we get the impression the current caretaker wants this Bugeye gone, so the chances are good a reasonable offer close to this latest asking price will let you take this street-legal go-kart home to your garage.  Good luck with the purchase!

March 28th Update:  we just noticed an updated listing for this interesting Bugeye Sprite we first featured on January 25th with the price now lowered from $20,000 to $18,000.

“Bugeye” in the States and “Frogeye” in Great Britain.  Those are the nicknames for Mk 1 Austin Healey Sprites such as this early 1958 example listed on Craigslist in Highland, New York where the current caretaker is asking $20,000 for his 95% complete project, or $25,000 if you want him to complete the interior work.  Researching the Hagerty Insurance Online Valuation Tool confirms that if you elect to do finish the interior yourself, you’ll be paying $2,500 less than the #2 “Excellent” estimate of $20,500.  

If you’ve ever driven a Bugeye, the sheer compactness of the car frequently gives the sensation you are going faster than you really are.  The current caretaker of the first-year Austin Healey Sprite takes it up a notch by installing a later model MG Midget engine and transmission that in addition to featuring a 0.600 overbore comes with a Judson supercharger.  With the added power, we get the sense this Bugeye is a real hoot to drive.  We love the attention to detail with all of the individual components painted to what appears to be a very high standard.  The simplicity of the interior would have us choose the “we’ll complete it” $20,000 option.  From what we can tell, this is the perfect project to work on the rest of the winter that you can realistically have ready in time for your first drive during the spring thaw.  Good luck with the purchase!

Here’s the seller’s description:

“One of kind.Nothing quite like it and far from a boring Bugeye.
This is a stunning car in Cobra like detail with the paint.
The car is one of the earliest examples left..Its a 1958. AN5L881
Engine completely rebuilt 0.60 over with new pistons,rings,bearings etc..Rebuilt correct Judson supercharger..(This is NOT a high compression engine)
This is currently running on an all MG Midget 1275cc drivetrain which includes more reliable rib cage transmission.
I DO STILL HAVE THE ORIGINAL DRIVE TRAIN FOR THE CAR TO KEEP IT ALL NUMBERS MATCHING

Many new parts:Tyres,Grille,exhaust,brakes,lenses,lights,dashboard,carpet,seats,panels…All suspension rebuilt.Wheels powder coated to like new condition.

Car is 95% finished(needs interior finishing,All supplied) and can be purchased for $20000 as is… or $25000 completely done..

Overseas Inquiries welcome.

I know all about scammers asking to reply to your Gmail email address because you are having trouble receiving through CL,so don’t bother!..

I WILL ONLY REPLY TO EMAILS WITH FIRST NAME AND CELL PHONE #

Do you have a Bugeye story you’d like to share?  Comment below and let us know!

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