So the question remains, are any of them actually selling, and if so what for?
If a car's been for sale for months, then there's only 2 reasons as far as I can see -
Either : The owner's in no hurry to sell and is waiting for the right buyer (ie someone prepared to pay the asking price). I suspect there are many sellers who are used to seeing their cars as an appreciating asset and don't understand how the market has moved in the last 24 months.
Or : There aren't the buyers out there who actually want one of the cars on offer.
The pool of 'hands on' classic car enthusiasts is dwindling, and there are lots of appealing alternatives to Morgans available for much less money. When I bought my Mog in 2000, there were perhaps 5 cars on the market in my price range, and they didn't stay long in the market when they became available. Nowadays there are loads available and not many people who want to buy them. Look at the prices for any classic realised at resent Mathewson's auctions for example. Cars are being sold for less than their estimates or sampling not meeting reserve.
I tend to agree with your 2nd theory:
Using my son and Susie’s son as examples:
I offered my 4/4 to my son (albeit he lives in NZ).
“No thanks Dad” he had a number of reasons. He loves travelling in the 4/4 when he’s in the UK, but has no wish to own one.
His ideal fun vehicle would be his converted Japanese camper van.
Susie’s son (based in the UK) drives a Mazda MX5 alongside his Nissan Qashqui.
Air con/ easy to drive/ leak free and easy to erect hood.
Again, he admires the 4/4 but has no desire to own one.
So, as Derek Mathewson says so often “we’re a dying breed”?
No point worrying about it, in my opinion.
We’re lucky to have the pleasure of owning our Morgans. Just enjoy them, the friends you have made and the adventures they’ve taken you
Bud
4/4 - Stanley
