Thank you for this exceptionally interesting thread that is well worth reading. Not only regarding the value development of vintage cars and Morgan cars but also very impressive to learn the background of the history of MMC. A really great level that Alistair, Lorne and all the other participants reach here.
With all the stories it became even more clear to me in which emotional field of tension the founder and chief of a family-run relatively very small company is in order to be able to exist in the shark fight of the very big competitors.
On the one hand, there is consistency, tradition, a healthy conservatism in the model line over 110 years, in the way the company is managed, and in the financial investments and security. This pole could provide a secure feeling and consistency if it were there alone. But on the other hand the evolution of the market, environment, culture, "fashions", new generations and technical regulations. To fight against this in order to continue the tradition of a Morgan is a very demanding task.
If we're talking in the order of 10, maybe 20 million, that seems like a lot of money at first glance. But in this business, 20 million can be burned quickly if you get one step wrong out of many. Since MMC was founded, it has taken both great technical competence and a good hand for all financial matters. If only one of these two requirements is not really there anymore and the "spirit" of an inventor and founder as well as his successor is no longer transported, then after 2.5 generations it was probably the best decision to sell. I wish all employees and the car world a successful further existence of MMC even in difficult times.


'14 4/4 graphite grey