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#93798 - 27/05/12 09:17 PM Buying second hand
Henry dog Offline
Just Getting Started

Registered: 26/05/12
Posts: 34
After dreaming of owning a Morgan for some 30 years I am now close to actually purchasing either a 4/4 or plus 4. I am considering buying a nearly new car from a Morgan dealer. Can anyone advice if it is normal to offer less than the asking price in such cases or is this unlikely to be successful when purchasing such a niche market car. I have seen dealers offering cars with delivery mileage only, in such cases are they usually priced above the list price as you avoid the waiting list. Being unfamiliar with many of the options and a bit confused by them I am finding it difficult to determine what the list price would be in such cases. Apologies for my ignorance but hoping that from this forum I will learn from others.

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#93800 - 27/05/12 09:37 PM Re: Buying second hand [Re: Henry dog]
Hamwich Offline
L - Learner Plates On

Registered: 28/04/08
Posts: 223
Loc: Gloucestershire, UK
You can always try offering less than the asking price, but personally I wouldn't think you would have a high likelihood of success. Morgans tend to sell very easily, there are always more buyers than cars available - but who knows in these straightened times? If the dealer needs to shift some stock, you may be in luck, especially if the car you are after is in some weird colour combination.

A better strategy might be to get them to chuck in a few extras?

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#93805 - 27/05/12 10:32 PM Re: Buying second hand [Re: Hamwich]
minikeefy Offline
Talk Morgan Regular

Registered: 13/05/08
Posts: 533
Loc: Nth. Bucks, England
Originally Posted By: Hamwich
A better strategy might be to get them to chuck in a few extras?


Something to watch...is if they say they are going to include a "service" let them be specific what level of service this is. I thoughts "Check Service" was a proper service (oil etc.) it isn't. Demand a Full Service (if not recently undertaken).

Also a good length of warranty.
_________________________
Keith

Car 54 - 'Le Mans 62' 4/4 - MSCC - 14089

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#93807 - 27/05/12 10:55 PM Re: Buying second hand [Re: Henry dog]
Easter Offline
Has a lot to Say!

Registered: 11/05/09
Posts: 1372
You need to monitor dealer web sites and ads in Miscellany to see which cars are sticking, some take 12 months plus to sell snail if you are going to strike a deal it will be on one of these, Plus 4 Sports seem slow movers. (flat back, ie no spare wheel, black wire wheels, black or saddle leather interior, 9 stud black vinyl hood, now discontinued as a standard model but available as a bespoke order)

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#93812 - 28/05/12 06:46 AM Re: Buying second hand [Re: Easter]
Paul F Offline
Just Getting Started

Registered: 20/08/10
Posts: 36
Loc: Costock, UK
When we bought our car from Mike Duncan, Ben was emphatic that no discount was possible. However, he included a number of extras in the deal - and we were really happy with the end result. It will pay to make sure you understand exactly what you want adding to the car. If you have not already done so, join the MSCC and attend your local Noggin to see how other people have tailored their cars. You will come away with some great ideas on how you will use the car yourself and what makes most sense.
_________________________
Paul

Costock, UK
1985 4/4
Disco 3

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#93817 - 28/05/12 07:20 AM Re: Buying second hand [Re: Henry dog]
tmg513 Offline
Learner Plates Off!

Registered: 27/08/08
Posts: 478
Loc: Powick
Originally Posted By: Henry dog
Can anyone advice if it is normal to offer less than the asking price in such cases or is this unlikely to be successful when purchasing such a niche market car.


It's unlikely to be successful if you don't do it. I offered 10% under the asking price and we settled at somewhere farly close to that. These people are car dealers like any others.
_________________________
1972 4/4 2 Seater
2008 Triumph Sprint ST 1050

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#93819 - 28/05/12 08:31 AM Re: Buying second hand [Re: tmg513]
Jays Offline
Talk Morgan Addict

Registered: 08/02/11
Posts: 3479
Loc: worcestershire UK
I bought mine from the factory...haggled the part ex price a bit, got a couple of extras thrown in with the deal and came away with a decent price.
_________________________
Jay

2010 4/4 "Super Sport "

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#93821 - 28/05/12 09:07 AM Re: Buying second hand [Re: Jays]
M3W Offline
Talk Morgan Regular

Registered: 25/03/11
Posts: 521
Loc: Sweden
If you buy a car with weird colours or combinations and get it a little bit cheaper, remember it will still be weird if you decide to sell it. Saving maybe 5% on the deal but having to put up with the wrong colour at least I would have fret over that every time i seen the car....

As said in posts above, Morgan dealers are a car dealers but hopefully with some extra passion. They still want to sell cars. Do not force yourself into taking too quick decisions, does it feel even the slightest wrong, keep cool and there will another beauty around just the corner. When negotiating, keep your options open...and when that time comes, close the deal. Remember - YOU have the wallet!

So...if you have been dreaming for 30 years...then avoid compromises (if you can) - go for your dream and enjoy it!

Good luck!

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#93831 - 28/05/12 12:10 PM Re: Buying second hand [Re: M3W]
Henry dog Offline
Just Getting Started

Registered: 26/05/12
Posts: 34
Thank you very much for your help. As this was my first post I am amazed at how helpful people have been in such a short time after posting my question.

Can anyone give an opinion on the second part of my question which relates to buying a new car from dealers stock, are these sold above list price as you are getting around the waiting list?

Due to my ignorance and not fully understanding the details of all the options I am struggling to determine this.

I will certainly look to attend a noggin if people are as helpful as in this community.

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#93832 - 28/05/12 12:16 PM Re: Buying second hand [Re: Henry dog]
DaveW Offline
Roadster Guru
Talk Morgan Addict

Registered: 11/12/08
Posts: 3813
Loc: Yorkshire
You may be thinking of list price as the basic price, whereas most dealer cars are specced up to some degree. Look on the MMC website at the price list and you’ll see how quickly the desirable extras add to the cost. I’m not aware of dealers inflating the asking prices, because you could probably spec up a new car and have it delivered ‘this year’.
_________________________
DaveW
Red Roadster

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