John, unfortunately the best the factory could do to deter speculators was to ask for a substantial deposit. In principal, this would deter people who had to borrow to finance the car as they would be paying interest on the amount until they could sell the car and profit from it. Obviously this wouldn't deter wealthy speculators; however, I would imagine this group is very very small and therefore not of concern to Morgan.

I remember discussing this point at the time Aeromax 001 came up for sale and the point being made to me that even Ferrari Enzos fell into the hands of speculators and those were invite purchase only! The point was that you will never ever stop it. What I do know is that there were a few Aeromax customers who bought more than one car; however, there was only one who tried to speculate on their first car delivered. It is my understanding that the company declined the sale of the second one and allocated it to someone on the waiting list.

Hats off to MMC for taking this stance and in my experience, they did everything they could to protect the car from speculators and ensure they fell into the hands of genuine owners.