The front mudguards are the same as all the other painted parts on the car, I.e. quickly blown over with a single coat of paint that the parts shed like a second skin.
On a car of this cost they should be zinc plated and then powder coated.
So much for Morgan superb value for money: NOT.

I am another dissilusioned owner that after 3 years of ownership am getting more disappointed by the day.

I have a car now out of warranty that has been riddled with problems (which have been resloved) but the resale value of which has probably gone through the floor.