I don’t think I have seen such a slow market for secondhand Morgan’s in a long time, some cars have been at dealers for months if not a year for sale.. Secondhand auction prices and private ads sales have dropped by up to 20%..
To me it seems the demand for Morgan’s across the board has dropped significantly, I expect for a variety of reasons. I have heard Brexit and export complications have been cited, there was a time when the price differential between UK and EU market prices would see a lot of cars getting exported which would keep prices up but if you now have to pay vat, fees and registration challenges on export I expect that has put people off and further surprised the market.
They now look very cheap compared to their competitors such as MGB etc when they used to be significantly more expensive.
Strange times but there hasn’t been a better time for a new Morgan owner to enter the market in a while.
