I think the point about 'toy' cars, is that, in most cases, one has to justify the cost involved, both to oneself, ones other half and sometimes even to anyone who might inherit, and certain cars have historically depreciated very little and in the case of our marque some years ago, even appreciated.
Whilst it is true that they should be driven as much as possible, there is no doubt that low mileage is desirable at sale time, however if the market is falling over and low mileage is no longer going to help achieve a higher than average price, then yes, put thousands of miles on it and enjoy it.
My view is that there are just too many Morgans around for the limited number of punters who would buy one. The prices of new cars have also risen to stupid levels. Back in the day, they were relatively well priced and the factory had restricted output, however things have changed, as they do, the factory appear to be making more cars than there are buyers and there are now a dozen or more dealers, who all want a slice of the cake - something has to give and it is prices which are softening noticeably. It will become more difficult to justify spending all this money on a toy car, knowing it will probably lose half its' value in the 1st 3 years. There are other cars which are both nicer to drive and less money, so why buy an anachronistic Morgan, even if it does have a bonded and riveted aluminium chassis? Only die hard Morganisters will continue to do so, and as we 'boomers' get older, so Morgans target customer will just disappear, like mist in the morning.
So, it looks as if my hope, when buying a limited edition Morgan, that it might hold its' value have been dashed, so I had better get on and drive it..............now where did I put the keys..........................
PS. Added to say well done to you Richard, this is very definitely something that we, and future owners, should be aware of, the dealers will certainly be denying it.
