Car Collector International
Classic · 1935–1940

Lagonda LG45 / V12

W.O. Bentley's post-Bentley masterwork — six-cylinder LG45 and the sublime 4½-litre V12, including a third place at Le Mans 1939.

TourerDrophead CoupeSaloon
Car Collector International Editorial
Lagonda LG45 / V12
Overview

Why this car matters

After the Bentley collapse, W.O. Bentley joined Lagonda in 1935 as technical director. The LG45 used a developed Meadows 4,453cc six, while the all-new Lagonda V12 — entirely W.O.'s work — was a 4,480cc 60-degree V12 producing around 175 bhp, with double-overhead camshafts and remarkable refinement. A V12 finished third at Le Mans in 1939. Coachwork by James Young, Frank Feeley and others gave the cars elegant, restrained pre-war lines.

Some of the most technically advanced pre-war British engineering, by the same hand that designed every important Bentley before it.

Variants

Range and production

VariantYearsProductionNotes
LG451935–19374.5-litre Meadows six; Rapide variant the sporting flagship.
V121937–19404,480cc DOHC V12; Le Mans third in 1939.
V12 Rapide1938–1940Short-chassis sporting V12; the most desirable specification.
Buyer's Guide

What to look for

Provenance and originality

For pre-war and vintage cars such as the Lagonda LG45 / V12, provenance is paramount. Chassis and engine number matching, period coachbuilder records, factory build sheets where available, continuous ownership documentation, original handbooks and any competition or concours history are the foundation of value. Original V12 engine, sporting open coachwork, W.O. Bentley provenance and recognised club registration.

Mechanical inspection priorities

The V12 is sophisticated and rewards a recent specialist rebuild; the LG45 Meadows six is robust if maintained. A pre-purchase inspection by a recognised marque specialist should include compression and leak-down testing, magneto and ignition checks, chassis straightness and frame survey, axle and steering wear assessment, brake system review (mechanical or hydraulic per period), and an extended road test on varied terrain to expose carburation, cooling and gearbox issues that only emerge under sustained running.

Body, chassis and originality of coachwork

Pre-war coachwork is rarely truly original after a century of use. Establish whether the body is original to the chassis (period photographs, build records, coachbuilder plates), whether it has been re-bodied at any point, and the standard of any restoration. Quality of timber framing, ash health, panel beating and paint depth are all critical. Concealed structural rot, re-bodies presented as original, and 'tribute' cars built on later or unrelated chassis must be priced accordingly.

Specification and event eligibility

Le Mans-style short-chassis V12 Rapide and James Young drophead coupes lead values; saloons offer the V12's refinement at a discount. For vintage cars, event eligibility — Mille Miglia, Goodwood Revival, Pebble Beach, VSCC events, Le Mans Classic — can underwrite a substantial proportion of market value. Verify FIA/FIVA papers, period race history where claimed, and the car's standing with the relevant marque registry before purchase.

Pricing

What to pay

Concours V12 Rapide / DHC
USD$700,000 – $1,200,000
GBP£500,000 – £880,000
EUR€570,000 – €1,000,000
Short-chassis Rapide or top-rank drophead coupe.
Excellent V12 saloon / tourer
USD$280,000 – $450,000
GBP£210,000 – £330,000
EUR€230,000 – €370,000
Original V12 with restored coachwork.
Excellent LG45
USD$180,000 – $300,000
GBP£135,000 – £220,000
EUR€150,000 – €250,000
Meadows-six cars; usable W.O. Lagonda ownership.

Regional ranges authored independently — each reflects its local market, not an FX conversion

Ownership

Living with it

Typical mileage
300–2,000 miles typical for vintage use; rally cars higher
Service interval
Annual full service; pre-event check before any rally or tour
Annual running cost
$8,000 – $35,000 depending on use, storage and event programme
Fuel economy
10–18 mpg typical; heavy carburetted engines run rich
Insurance
Use a specialist agreed-value vintage policy with declared value reviewed annually. Premiums reflect declared value, storage, event use and driver experience with pre-war machinery.

Maintenance planning

Vintage cars require disciplined preventive maintenance: lubrication regimes, magneto service, carburettor synchronisation, brake adjustment, and timber and trim conservation. A car used regularly and serviced annually by a specialist will outlast a stored example neglected for decades.

Specialist access and parts

A small UK specialist network handles V12 work; engine parts are individually fabricated. Confirm the availability of marque specialists, period-correct fasteners, coachwork trim, instruments and tyres before committing. A car requiring fabricated one-off parts will absorb time and cost that a similar example with active specialist support will not.

Common Problems

Known issues by system

Engine

V12 timing chain and tensioner wear (W.O. Bentley designed)

Major$15,000 – $40,000
Symptoms — Chain rattle on start-up, valve timing drift, reduced power.
Inspection — Listen on cold start; inspect tensioner via inspection cover; specialist top-end review.
Cooling

V12 cylinder head corrosion at coolant passages

Major$10,000 – $25,000
Symptoms — Coolant loss, electrolytic corrosion at head studs.
Inspection — Pressure-test; lift heads for face inspection; check coolant chemistry history.
Transmission

Synchromesh wear on 4-speed (LG45)

Moderate$5,000 – $12,000
Symptoms — Crunching shifts into 2nd and 3rd, difficult cold operation.
Inspection — Road test through full range; inspect for prior overdrive conversion.
Body

Pillarless coachwork timber decay

Major$25,000 – $70,000
Symptoms — Door sag, scuttle shake, soft timber at A-pillar base.
Inspection — Specialist coachwork survey; probe ash framing.
Valuation

Current value bands by region

Concours
USD
$900,000
GBP
£660,000
EUR
€750,000
+1% 12-mo
Excellent
USD
$370,000
GBP
£275,000
EUR
€310,000
0% 12-mo
Good
USD
$220,000
GBP
£165,000
EUR
€185,000
0% 12-mo

Each region quoted in its local currency — independent market readings, not FX conversions

V12 Rapide and Le Mans-style cars are firm; LG45 values lag despite engineering quality. Lagondas remain undervalued relative to comparable Bentleys.

Auctions

Recent results

DateAuctionCarMileageResult
2024-09-07
Bonhams
Goodwood Revival
1939 V12 Rapide DHC
£782,000
Sold
Investment

Long-term outlook

Strong HoldHorizon: 10+ years

The connoisseur's pre-war British car — engineering parity with Bentley at often half the money.

Recommended

The trusted network

Specialists

  • Lagonda marque specialist
    View →
    UK / Europe
    Lagonda LG45 / V12 restoration, mechanical service and originality reviews.
  • Pre-war coachwork specialist
    View →
    International
    Timber framing, ash conservation, panel beating and period-correct paint for pre-war coachwork.
  • Concours preparation studio
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    International
    Concours preparation, detailing and event support for pre-war and vintage cars.
  • Hagerty
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    USA / UK / EU
    Agreed-value collector insurance specialising in pre-war and vintage cars.
  • Lockton Performance
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    UK / EU
    Specialist agreed-value cover for significant pre-war and competition cars.

Storage

  • Windrush Car Storage
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    Cotswolds, UK
    Climate-controlled storage and collection management for pre-war and classic cars.
  • Autovault
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    Bicester, UK
    Secure climate-controlled storage at Bicester Heritage with inspection programmes.
  • Classic Car Club Manhattan
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    New York, NY
    Secure urban storage for collector and pre-war cars.

Transport

  • CARS UK
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    UK & Europe
    Enclosed concours and event transport for pre-war and vintage machinery.
  • Reliable Carriers
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    USA (national)
    Enclosed coast-to-coast transport for pre-war American and European cars.
  • FERRLOG
    View →
    Italy / Europe
    Air-ride enclosed transport for Italian and European collector cars.

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The valuation figures in this guide are for research purposes only and do not constitute financial or investment advice. See our full disclaimer.