Has the bubble burst........yes...!

It's been bursting all year, and probably, realistically, since last year.
Dealers just aren't selling cars, new or used, not in the volumes that they used to do anyway.

I guess all the financial and global factors previously mentioned are playing a big part, but more interestingly I think, is the age thing.
The people who do aspire to a mid life crisis sports car, and can afford one, probably want something from their youth that the couldn't afford then or, something completely new and modern.
A trad (or CX) Morgan perhaps doesn't fit the bill.

Morgan owners have for a long time seen their car as an 'investment' a safe place to put their pension money and enjoy it for a few years.
No Morgan owner could ever see that the value of their car would decrease. I guess now, owners are still wanting 'top money' for their car even when there are a lot of cars on the market all competing for a very small pool of potential buyers.