I don't see residuals or dealers as the concern here but the way most people buy cars these days....the CX model and the 'new to Morgan buyers' being in this category.
Fact: most car buyers are now on their third or fourth new purchase via a car lease source or PCP i.e., pay something up front and then a monthly fee depending on your budget thereafter?
However, what happens to these vehicles when the 3 or 4 year lease ends...the dealer has them back and then tries to resell them in the traditional way i.e., marked up with a one off sticker price.
In Morgan world these sticker prices will be £50k plus for these 3 or 4 year old cars....so ask yourself IF people can't afford them new (or budget for a monthly fee) they ain't going to be forking out on a one off payment?
Also factor in that borrowing money is now becoming more expensive so HP to buy a 2nd hand car, is also making them more unpalatable? I can see some bargains as 2nd hand cars are way too expensive at the moment.....
