Good luck !
You will not buy a decent 1999 +8 for under 37 k!
One of the members bought a 1999 +8 from a private sale last Novembder up to now he has had to spend 3 k on replacing parts.
At least a dealer will give a few months warranty.
I will watch with interest !
I have to say I agree. Morgans should always be bought on condition, and a long door 3.9 Hotwire car with stainless bulkhead & inner wings is probably the most desirable spec - all the later build quality improvements without the complexity of GEMS.
It's not like the market is exactly flooded with cars of this spec for sale. The way I see it there are two major risks:
1. You spend so long looking for a car at the right price the market moves even further away from your chosen price point
2. You end up having to buy a car with some issues that need rectification, leading to a final expenditure much greater than you would have paid by buying a good one.
I don't think the market is moving very quickly (upwards) for +8's, unless the car is very low mileage?
For general privately owned cars with 40-70K miles I think it worth noting that there is a very small number of potential customers, in the +8 market...as the +4 is considerably cheaper to: Buy - Own and Service etc. It is a specialist's car.
I spoke to Allon White Morgan about a month ago - they had just sold a 2000 3.9 +8 with all the desirable options I am after i.e. Alloy body, gal chassis, and ss bulkhead....and that car was advertised for under £30K (and it sold for less!) however it had 63,000 miles and that was the reason it was competitively priced.
I do believe that the "market" wants cars with 15-20k miles (especially selling Dealers) and it these that make £37+...as they are now very few and far between.
I have now looked at a couple - (met two great Morgan owners along the way!) however I could not settle on either car....the search continues.....thanks.