The Ginetta G15 is the affordable, rear-engined baby GT that the taxman killed. A tiny, light, glass-fibre coupe built by four brothers in a small Essex workshop, powered by the same all-alloy Hillman Imp engine that sat behind the driver in the Clan Crusader, it was the most commercially successful of the classic Ginettas and one of the best-selling Imp-based specials ever made. It was selling well when the 1973 tax change closed the loophole that made it affordable, and within a year it was gone.

The G15 is part of Britain’s kit and component-car story, and a near-perfect parable of it: a genuinely good little car, built to be bought as a box of parts to dodge purchase tax, ended almost overnight when that tax advantage disappeared.

An orange Ginetta G15 coupe with a black roof panel, registration DUY 800J, three-quarter front view at an outdoor classic car show
A 1970 Ginetta G15 in vivid orange. The rear-engined glass-fibre coupe was the best-selling of the classic Ginettas, light enough to make the most of its little Hillman Imp engine.Photo by SG2012 / CC BY 2.0

The Walklett brothers’ cottage industry

Ginetta was founded in 1958 by four brothers, Bob, Ivor, Trevers and Douglas Walklett, who had started out as agricultural engineers. Bob ran the business, Ivor designed the cars, Trevers handled the styling and moulding, and Douglas looked after the mechanical and electrical side. It was a true cottage industry, building lightweight sports and racing cars by hand, and by the time of the G15 it was based at Witham in Essex, later moving to a larger factory at Sudbury in Suffolk as the model’s success funded the expansion.

The G15 was Ivor Walklett’s design, shown as a prototype at the 1967 London Motor Show and in production from the summer of 1968. It sat in the middle of the Ginetta range, between the earlier, lighter, Ford-engined G4 that had made the marque’s name and the bigger front-engined G21 above it. The G15 was the volume seller, the car that put Ginetta on more driveways than any of its other classics.

What the car was

The G15 is a small two-seat coupe with a glass-fibre body bolted to a steel tubular chassis, the engine mounted in the tail driving the rear wheels. The all-aluminium 875cc Imp Sport engine, supplied along with its transaxle by the Rootes Group, sat behind the cabin and made the car beautifully balanced and very light, somewhere around 500 to 560 kg depending on whose figures you take. With around 50 to 55 bhp it would reach close to 100 mph and return 40 to 50 mpg, a genuinely frugal little performance car, and a 998cc option pushed power to around 65 to 70 bhp and the top speed towards 115 mph.

The car developed over five series. The first, of which only around a dozen were built, had its radiator mounted at the rear and was prone to overheating; the second series moved the radiator to the front with an electric fan, which cured the problem, and later series added larger rear windows, the 998cc option, alloy wheels and various detail improvements, borrowing parts from the wider British industry as small makers did, down to Morris Marina door handles on the later cars.

A red Ginetta G15 fitted with the 998cc Imp engine, registration MNE 982J, front three-quarter view indoors
A G15 with the optional 998cc engine. The larger unit lifted power to around 65 to 70 bhp and the top speed towards 115 mph, turning the baby GT into a genuinely quick car.Photo by Andrew Bone / CC BY 2.0

How the taxman killed it

The G15 lived and died by the purchase-tax loophole. Sold in kit form, it escaped purchase tax and could be had for around £800, against well over £1,000 built up. On 1 April 1973 VAT replaced purchase tax and was applied to component cars, and the advantage vanished. From that point every G15 had to be sold fully factory-built and drive-away, and the price jumped to around £1,395. A small 875cc car suddenly looked expensive, and against the backdrop of 1970s inflation and the oil crisis, demand fell away. The last G15 left the factory in May 1974, after around 800 had been built, making it comfortably the best-selling classic-era Ginetta.

It is worth being clear, because the badge still exists, that this is a period classic and nothing to do with the modern Ginetta. Today’s Ginetta builds contemporary racing cars near Leeds, and is the same business only by a long line of succession after the company was sold in 2005. The G15 belongs entirely to the cottage-industry era of the Walklett brothers and the Earls Court Motor Show stand.

A silver-grey Ginetta G15 coupe, front three-quarter view on grass at a classic car show
A G15 in subdued silver. Sold mainly in kit form to dodge purchase tax, it cost around £800 as a kit against well over £1,000 built up, until the 1973 VAT change closed the gap.Photo by SG2012 / CC BY 2.0

Buying guide: what to look for

The glass-fibre body does not rot, but the steel tubular chassis underneath it does, and that is the big structural check. Look carefully at the suspension mounting points and anywhere water collects, because hidden chassis corrosion is the main thing that turns a cheap G15 into an expensive one. On the body itself, check for star cracks, crazing, stress cracks and signs of filler or poor past repairs, and remember that because these were kit-built cars, panel fit and gaps reflect the quality of the original build as much as anything.

The Imp engine is the mechanical weak point to understand. The alloy unit is well known for cooling trouble, which is exactly why the radiator moved from the rear to the front early in the G15’s life, so check for head-gasket issues, water-pump wear, corrosion in the alloy waterways and a healthy, ideally upgraded cooling system. Overheating in traffic is the classic complaint. The rear-engined layout gives the car its light, tail-happy charm but check the Imp trailing-arm rear suspension for wear, and look over the period wiring, which is another known weak spot. As with any kit car, the quality of the original build and the completeness of the paperwork matter more than usual, so buy on a careful inspection rather than on the badge.

The good news is parts. Mechanically the G15 leans entirely on the Hillman Imp, so engines, gearboxes, suspension and cooling parts are shared with a well-supported classic and remain obtainable. It is the Ginetta-specific glass-fibre panels and trim that are the harder items, and those come through the club network.

A white Ginetta G15 coupe, front three-quarter view on grass at a classic car show
A 1974 car, from the final year of production. Buy on the condition of the steel chassis beneath the glass-fibre body, the one real structural weakness on an otherwise simple car.Photo by SG2012 / CC BY 2.0

What they are worth

The G15 is rare, with only a couple of hundred or so left on UK roads, and it trades thinly, so values are soft and condition-led. As a working guide, a project or needs-work car sits roughly between £2,000 and £6,000, a good usable example between about £8,000 and £13,000, and an excellent or fully restored car, especially a 998cc, between roughly £13,000 and £18,000 or a little above. Recent results bear that out, with a tidy 1970 car making around £6,600 at auction in early 2025 and sound cars advertised in the £9,000 to £12,000 range. The very best are rare enough that the occasional car sits higher.

Owners’ club and parts

The Ginetta Owners Club is the marque club and supports the G15 with glass-fibre panels made from the original moulds and a model-history archive, though it does not run a general spares service because it covers so many different Ginettas. For the mechanical side, the Imp Club and its spares network are the key resource, since the engine, gearbox and running gear are shared with the Hillman Imp. Between the two, mechanical parts are obtainable and bodywork is the specialist end.

The Ginetta G15 is one of Britain’s kit and component cars. Its closest relative is the Clan Crusader, another tiny, light, Imp-powered glass-fibre coupe killed by the same 1973 tax change. For the wider period it belongs to, see British classic cars of the 1970s.

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