In addition to the above, we are also part of a minority group in that you have to 'want' or 'get' the three wheeler thing in order to even start looking for one in the first place. I have friends who think I'm barking to spend so much money on a car with no roof, heater or extra wheel let alone contemplate using it in anything other than a bright sunny day..
There are many plus points to buying new, guarantee being one, but also the choice of spec, colour or in this case, being one of only a handful ever to be made. That make you feel very special, and rightly so.
The downside is that you pay VAT on the whole thing at 20%, so the moment you drive away your resale value is down by that amount, at which point you start on a downward spiral of lower value because you're at the top of the chain of that cars life.
Now market forces are fickle, and some vehicles start to attract a higher value if there are either none left to buy new, or so attractive that at least two others want them. Two because, they will potentially outbid each other to get what they want. Of course, if there are lots of other identical vehicles around, it could be argued that there is an oversupply in which case the price will drop quicker.
I like the fact that internet forums open up the ownership qualities, be they good or bad and whilst as an owner I'd be really happy to have any issues aired behind closed forum doors, I think in the longer term we need an openness to it all in order to grow.
I really feel for some of the early adopters, Paul being just one, and I can't help but marvel at some of their stoicism in the face of the issues they've had. It's their input on here that has made the M3W owning community such a strong bond & I doff my cap to them all.
I'm sure you'll sell Ironman, and I hope you sell to your satisfaction. The Brooklands models will surely be something worth seeking out in the future.
The best thing to help resale values would be for Morgan to take an M3W sabbatical for a year, and lower production for a while..
