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Re: Why buy these vehicles and never drive them? [Re: M3W55] #603221
12/11/19 05:11 AM
12/11/19 05:11 AM
Joined: Aug 2012
Posts: 1,724
atalante83 Offline
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atalante83  Offline
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Joined: Aug 2012
Posts: 1,724
A lot of problem for the n'est owner
Perhaps it is new but Time has gone.

Re: Why buy these vehicles and never drive them? [Re: M3W55] #603243
12/11/19 10:35 AM
12/11/19 10:35 AM
Joined: Jul 2019
Posts: 419
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Luddite Offline
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Luddite  Offline
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Joined: Jul 2019
Posts: 419
I suspect the idea of buying into the Classic/Collector car market has had a number of attractions that may not work out as imagined with the passage of time..?

Given the number of possible variables in making car/investment related decisions, trying to work out might be the reasoning behind this M3W`s purchase and subsequent lack of use is I suspect well outside the capability of most if not all of us without some insider info..?

Variables... Money in the bank,can just be a degree of digital information beamed up on a screen, and gaining little to no interest, thus the idea of INVESTING in something physical like a Classic/Collector car in times past might have seemed like a reasonable idea, with imagined aspects related to the joy of ownership...?

I suspect that ENJOYMENT is another variable that can clash with INVESTMENT potential creating yet more variables..?

Garage queen as a form of existence in terms of protecting FINANCIAL investment potential, perhaps has a measure of appeal..? I suspect that there may be those who like to polish and pamper more than risk of any sort associated with using the machine on the road..? I also suspect such "usage" could be down to a measure of personal OCD or imagined protection of investment potential...?

Rarely driven machines... I suspect this too can be down to perceptions of value retention, in terms of avoiding additional mileage or for those on a tight budget trying to avoid maintenance costs associated with mileage..?

Health and age can play it`s part too, I always wanted a whatever, and now I can have one I will, even if seem unlikely to use it much, if ever... hmm..?

Don`t know for sure but think in the UK if not further afield the investment potential of Classics may have peaked for a variety of reasons..? If the cash you have "invested" in a vehicle and that sum of money is of considerable importance relative to future planing..... given all that seems to be going on...hmm..? Though this time of year seems to be less than ideal to be trying to sell sports cars..?

Me..? My Morgan cost me the equivalent of five years savings at the time of purchase, thus it`s cost and subsequent value was most definitely an important consideration, given there was ever the possibility I might need to turn it back into cash if something cropped up.. I suspect there may well be many folk who might have gone through a similar set of circumstances..?

Returns on investment.. hmm? In my case I have only covered circa 20k miles over the last 16 years of ownership, however within those miles we have enjoyed a few adventures in France, Spain and Italy from which we have wonderful memories... I have no real idea of how to quantify that in cash terms..(-:

Why did I not use it more.... My excuse is I was involved in a never ending self-building and landscaping project which took up rather more time money and effort than imagined at the outset with the Morgan spending much of that time either hidden behind piles of building materials or the garage had trenches dug around it etc.etc.etc.. Amazing how time flies..? (-:

LOTS of variables to explain lack of use, but even knowing I had a Morgan in my garage provided a feel good factor that would be difficult to quantify in financial terms, let alone explain to folk who have zero interest in vehicles...?

Well you did ask... oldgit

Re: Why buy these vehicles and never drive them? [Re: M3W55] #603244
12/11/19 11:56 AM
12/11/19 11:56 AM
Joined: Jul 2018
Posts: 361
M3W55 Offline OP
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M3W55  Offline OP
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The one I posted at the start of this thread is not unusual. A lot of M3Ws are put on the market with <1000 miles on the clock after several years of ownership. It's a pity that they are not taken out and enjoyed, even if they are swapped after a while to make way for something else.

Re: Why buy these vehicles and never drive them? [Re: M3W55] #603245
12/11/19 12:03 PM
12/11/19 12:03 PM
Joined: Apr 2008
Posts: 7,980
Gloucestershire, UK
Hamwich Offline
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Hamwich  Offline
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Joined: Apr 2008
Posts: 7,980
Gloucestershire, UK
Originally Posted by M3W55
The one I posted at the start of this thread is not unusual. A lot of M3Ws are put on the market with <1000 miles on the clock after several years of ownership. It's a pity that they are not taken out and enjoyed, even if they are swapped after a while to make way for something else.


Agreed, it's really sad.

I feel sorry for the buyers really, imagine being that wealthy and yet still suffering from Toolbox Fallacy thinking. It's like their money really isn't buying them any peace of mind, instead they are constantly looking for the next toy whilst getting no enjoyment from the one they have.


Tim H.
1986 4/4 VVTi Sport, 2002 LR Defender, 1957 R4 CV, 2005 Ferrari Vipar
Re: Why buy these vehicles and never drive them? [Re: Luddite] #603247
12/11/19 12:23 PM
12/11/19 12:23 PM
Joined: Aug 2013
Posts: 294
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Rovert Offline
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Originally Posted by Luddite


LOTS of variables to explain lack of use, but even knowing I had a Morgan in my garage provided a feel good factor that would be difficult to quantify in financial terms, let alone explain to folk who have zero interest in vehicles...?
:


Yes, this is just this reason that I keep mine. Even though the mileage I do is so embarrassingly low that it does not make any sense to hang on to it.


Brian
Jersey & Spain (at least until the Brexit mess resolves itself)
Re: Why buy these vehicles and never drive them? [Re: M3W55] #603601
15/11/19 07:57 AM
15/11/19 07:57 AM
Joined: Nov 2013
Posts: 1,488
Aberdeenshire
T
TimG Offline
Has a lot to Say!
TimG  Offline
Has a lot to Say!
T

Joined: Nov 2013
Posts: 1,488
Aberdeenshire
They make a very fine ornament if you have a big enough living room.

Re: Why buy these vehicles and never drive them? [Re: M3W55] #603616
15/11/19 10:17 AM
15/11/19 10:17 AM
Joined: Nov 2017
Posts: 46
Suffolk Uk.
H
Hawki Offline
Just Getting Started
Hawki  Offline
Just Getting Started
H

Joined: Nov 2017
Posts: 46
Suffolk Uk.
I guess he liked the look of it but does not like the thought of cleaning all of that metal.

Re: Why buy these vehicles and never drive them? [Re: M3W55] #603709
15/11/19 10:48 PM
15/11/19 10:48 PM
Joined: Sep 2011
Posts: 12,118
Mandello del Lario, Lake Como,...
Gambalunga Offline
Member of the Inner Circle
Gambalunga  Offline
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Joined: Sep 2011
Posts: 12,118
Mandello del Lario, Lake Como,...
Buyers of a lot of the early M3Ws may have found that they did not like the way it drove, the bump steer, the vibration, the noise etc. But having spent ages talking themselves, and sometimes the wife, into buying the expensive toy they did not want to admit that, for them, they had made a mistake. They probably were reluctant to put it back on the market knowing that they would loose on the deal and kept trying to convince themselves that they would take it out again when they felt in the mood.

Just a thought.


Peter

[Linked Image]
Re: Why buy these vehicles and never drive them? [Re: M3W55] #603839
16/11/19 11:28 PM
16/11/19 11:28 PM
Joined: Oct 2013
Posts: 1,571
Lisboa, Portugal
MarioCP Offline
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Posts: 1,571
Lisboa, Portugal
That's not simply an early (pre-2014) M3W that's a Brooklands (of the chrome variaton). #5 of 50 (and according to the information given one of the 13 chromed out if the total 50 cars production. I never knew there were so many "chromes" out there ... )

And you all know what that means ... a 2013 ... Brooklands ... M3W, this must be the pinnacle of ... something! wink


2010 Morgan +4
Me racing it: http://youtu.be/CQgT2vMLEUo
2014 M3W Brooklands
To be raced
Re: Why buy these vehicles and never drive them? [Re: M3W55] #603852
17/11/19 05:52 AM
17/11/19 05:52 AM
Joined: Dec 2017
Posts: 178
Sunshine everyday
osten Offline
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osten  Offline
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Joined: Dec 2017
Posts: 178
Sunshine everyday
I know a bunch of owners here that have owned cars for several years and have barely added to the factory mileage. They bought it as a toy and probably took the spouse or a kid in it who got terrified or disliked the attention of wind noise etc ...
Thing then just sits in its juice and there's never a good reason to use it since you cannot "load" anything.


Cars:
2001 Alfa Romeo 156 GTA
1954 Citroen 2CV
2006 Corvette C6
2011 Corvette Z06
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