I’m not so pessimistic, Morgan cars have that very special attribute, they’re almost unaffected by ageing in the aesthetic sense, the shabby old trembling wreck to the sparking new rocket, they’re all lovable. I’ve a soft spot for some Italians for the same reasons, most other cars are about as appealing as an old tea bag once the next new one comes along.
Buy the car you desire, keep the car you cherish, just like your house, the monetary value will fluctuate, you’ll still own the same number of bricks or in the case of a Morgan, moments of enjoyment, past, present and yet to be.
From a Morgan dealers perspective, look at the stock in the good ones, rather the needing a whole range of cars to serve different purposes, the best ones have a huge range of cars designed solely for the purpose of enjoyment, spend what you’re comfortable with and you’ll still be buying the same quantity of pleasure.
We shouldn’t begrudge a good dealer a bit of margin either, even £10k isn’t really that much considering how many can realistically sell through. From that £10k vat has be deducted and wages/overheads covered, even future liability for the car sold.
Buying privately is fine if you can find a Perry or Craig with the car you want but the auction value for me is irrelevant for a car like this, I see that as the value of the raw product, buying a dead cow from a farmer isn’t the same as buying a meal from a restaurant!
