Originally Posted By gomog
Residuals, of any model, are a function of the degree of unsatisfied demand.


So in the past when Morgan leadtimes for new models were the legendary 'years' then residuals were high. If you could not get an new one you purchased old or restored (old Morgans never die they just get rebuilt).

Nowadays lead times are much less and hence secondhand models depreciate.

Logical coffee

BUT dealers were screaming this year that there were no used cars on the market. As Simon will testify this applies to good Mk1 Aero's as well.

So why are residuals still heading south?? confused

Originally Posted By gomog
I think that the trend started earlier, in the 90s, and the reasons are more basic. Will this trend stop where it has appeared or continue and spread elsewhere?


So what are you thinking of?? Give us a clue then... ooo

I think Rich is right it is just supply and demand but I think the supply and the demand dynamics have both changed crazy2

Last edited by SpeedMog; 27/11/07 06:14 PM.
Phil Egginton
1979 4/4 4 seater