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#504298 - 18/03/18 09:54 AM Second hand prices
Stewart S Online   content
Wave & smile... It's a Morgan
Needs to Get Out More!

Registered: 14/06/14
Posts: 8973
Loc: Lancashire, England
I get fed emails from the MMC website advertising most second hand Morgans that come up for sale through the main dealers and I also from time to time look at what’s for sale on EBay and Classic cars etc and although I don’t forensically examine prices, I’ve definitely noticed a recent jump in prices, certainly in just the last 6 months.

I’m guessing the general rise in classic cars, low £ against Euro as well as MMC new car price hikes are all stiffening the second hand market
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2008 British Racing Blue (ahem!) 3 Litre, 4 Seater

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#504302 - 18/03/18 10:14 AM Re: Second hand prices [Re: Stewart S]
brownbaker Offline

Talk Morgan Regular

Registered: 23/09/10
Posts: 756
I also watch the prices and the they have jumped up.
The 1999 + 8 at Williams priced at just short of £44,000 ! depends on condition I know.
Roadster were a reasonable buy but have crept up.
Surely the older +8 with the BMW engine will hold their price now with the special edition one advertised at 150 !

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#504305 - 18/03/18 10:21 AM Re: Second hand prices [Re: Stewart S]
mph Offline
Learner Plates Off!

Registered: 23/09/16
Posts: 352
I've noticed the same. I think you've correctly identified the reasons.

I'm shocked at the price of new Morgans and this surely is the main reason for the rise in demand/price for used cars.

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#504307 - 18/03/18 10:26 AM Re: Second hand prices [Re: mph]
kennyh Offline

L - Learner Plates On

Registered: 26/04/17
Posts: 249
Loc: Lancashire
Yes. I'm noticing the same in the Lotus world too. I personally put it down to factory price increases on the new cars, both marques have leaped in price over the last 2 years with constant hikes.

4/4's at 45k and Elise Cups at 55k, jeez serious money.
This must have a knock on for nice used stock.

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#504310 - 18/03/18 10:42 AM Re: Second hand prices [Re: Stewart S]
Alistair Offline
Smile, it confuses them
Part of the Furniture

Registered: 18/03/09
Posts: 4486
Loc: Hampshire
Yes the introduction of the special's for the Aero 8 plus a general increase in the collectors cars recently has bought a little additional premium it would appear.

As we have all remarked the price of early Sierra Cosworths, Escorts and other stuff has taken a big bump. As for the price of 911's !

Also the increase in cost of medium business cars like the 3 Series and quality hatchbacks has seen a bump in recent years. A good hatchback is now £20-25k. The new Volvo V40 first edition/RR Evoque easily hit £40k. These are not large cars. When I bought (leased) the AMG E estate it was £67k and now the new model is £81k minimum.

I think I might start stocking up on Aeros wink
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Is it true ? I just have to pop out to the garage and check again, see you in an hour (or three)

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#504313 - 18/03/18 10:52 AM Re: Second hand prices [Re: Stewart S]
deano Offline

Charter Member

Registered: 12/02/12
Posts: 5051
Loc: Taunton
Asking price is one thing and selling price is another.
Look at how many new morgans are available at the moment. I would guess that the cars over £60k are moving very slowly without the aid of a finance deal.
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Martin (Deano)

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#504316 - 18/03/18 11:08 AM Re: Second hand prices [Re: deano]
madmax Online   content
Talk Morgan Addict

Registered: 18/08/14
Posts: 3937
Loc: East Anglia
Originally Posted By deano
Asking price is one thing and selling price is another.
Look at how many new morgans are available at the moment. I would guess that the cars over £60k are moving very slowly without the aid of a finance deal.


This is very true , you have to advertise your Mog in the right place , I was pleased with Allon Whites service when selling mine , and it sold within 2 weeks , its all about cost of commission .
_________________________
Geneva 2016 plus 8' The Green Godess' 4 side exits .



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#504318 - 18/03/18 11:28 AM Re: Second hand prices [Re: Stewart S]
simon8201 Offline
L - Learner Plates On

Registered: 28/04/14
Posts: 183
Loc: Devon
Apparently there's another price rise in april. Anyone know where one can find the new car price list apart from contacting a dealer. It seems to be a secret!

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#504323 - 18/03/18 11:51 AM Re: Second hand prices [Re: Alistair]
Peter J Online   crying
Formerly known as Aldermog
Member of the Inner Circle

Registered: 13/08/13
Posts: 10187
Loc: Salisbury, UK
Originally Posted By Alistair

I think I might start stocking up on Aeros wink


I thought you had already started..... hide
_________________________
Peter,
Tarka the 'Otter Mog
2014 Plus 8



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#504325 - 18/03/18 12:28 PM Re: Second hand prices [Re: simon8201]
+8Rich Offline

Member of the Inner Circle

Registered: 15/12/09
Posts: 15768
Loc: Devon UK
Originally Posted By simon8201
Apparently there's another price rise in april. Anyone know where one can find the new car price list apart from contacting a dealer. It seems to be a secret!


They appear on the Allon White site https://allonwhite.co.uk/morgan-4-4

Considering my 4/4 Sport was £27,000 when I bought it in 2009 that is a big increase to £39,000 IMHO.

I had a tonneau and special steering wheel which took it up to £27,500 fitted which I thought was reasonable.
_________________________
Richard
1999 Indigo +8






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