I would bet that no other recently built car (5 years ago) could reach such a little depreciation, even if the detoriation of € value in the meantime is counted in. I would also suppose, that the depreciation of a 4/4 is the mildest within the Morgan type family. Good deal done, Giles, hopefully you will come back with some MMC product in the near future.
You make a fair point about the exchange rate Heinz. Thanks to the shift in exchange rates a brand new 4/4 in France is now €53 400 before extras.
Which makes a 5 year old one at €40K seem like good value, n'est ce pas ?
p.s. You have a point there about future Morgan buying Richard

In the meantime, it might also be a good lever for persuading

that I might be allowed a motorbike again now that the offspring are both off the payroll.....