Morgans had upheld their value for decades with negligible depreciation.
So, why has it changed so drastically and so relatively suddenly?
New management; issues with CX range; or what?
Whatever it was after all those years, it has affected the whole used Morgan market.
Views anybody?
1. Increase in supply - in the olden days there was a 5 or more year wait for a new one
2. Fall in demand - in the olden days there we many more people who wanted an ancient-looking car with modern(ish) mechanicals
3. Greater competition in the market - current Morgans are competing with the likes of Porsche
4. Cost of living squeeze - less disposable income available to buy luxuries. Nobody needs a Morgan.
