The Morgan 3 Wheeler isn't any of the things the Caterham is. It really doesn't handle all that well, it isn't particularly fast, and it's 3 wheel geometry is fundamentally flawed. The Morgan has no place on the track at all, BUT it has more character and style in it's left front wheel that an entire Porsche Panemera. The Morgan is for owners who want to be different. It's for folks who want to drive at moderate speeds around town, or through the countryside and have more fun doing so than most anyone else. The Morgan is for the owner who would also like to own an MGA or Austin Healey 100-4 (Sorry, I'm not a fan of the 3000's
)' but who doesn't want the headache of owning a 60 year old rust bucket). I think the Morgan appeals to folk who want a vintage experience in modern guise. On nice days, I'll take my Morgan to work (local drive, no highways) in a heartbeat over my 997 Turbo. It get to talk to car people about the car at every gas station and stoplight, and I draw a crowd whenever I park. No one ever wants to talk about my Porsche...
So there you go, my 2 cents...
