A Morgan in your garage is a decent chunk of money. Considering how many low mileage Morgans there are it doesn’t surprise me that in the current economical climate those “dead” funds are looked at critically.
If you use the car then it can be justified so a factor you build in when looking at lifestyle, finances.
Morgans are in a niche market so potential buyers are limited.
A dealer is in the position of holding a lot of valuable stock so that will be high on their decision to take a car. Buying new, with deals linked with MMC seems to be happening. Any idea how many cars are being sold on a commission basis by dealers? Either from private sellers or MMC? Even that could affect sales of traded in cars so the better cars ( including ones with desirable provenance) would be the ones that get taken on. The days of sales value expectations at higher prices are diminishing, if not already gone. What you might value the car at seems to be over optimistic.
Here’s a scenario.......
You buy a new car already built and in a dealer showroom and trade in your older one. The new car is effectively still owned by MMC and the dealer is an agent.
New car sale...tick
Money moved to MMC to release the car and dealer gets their agent money.
Traded in car put up for sale. Have MMC bought it and the dealer the agent to sell?
There are variants to this depending on whether the new car was pre-ordered by the dealer to a spec as part of the Dealer/MMC agreements or a car not yet built, specc’d and then built.
It’s a changing world for car selling indeed.
