We've batted this subject around on various threads a lot recently, certainly since the price realignment which has happened/is happening.
To be honest, over the years the talk on TM has always been along the lines of 'how a Morgan is safe a place to put your money' and of guaranteed returns and profits.....
Like many on here I follow the market, taking a keen, if not morbid interest in prices.
The 'trend' has been consistently down for quite some time, certainly more than 12 months, and as has been said, the toy/sports car market generally is very much down.
Most Morgan dealers have cars they've been sitting on for a very long time...........
It's interesting that a lot of non Morgan dealers now have Morgans for sale which wouldn't have been the case so much in the past. It's surely a sign that the Morgan dealer market is being very cautious about buying stock.
With the factory now deciding it wants to be a proper/real/mainstream manufacturer, huge depreciation has become the norm for Morgans.
You'd imagine that if there is anyone looking to buy a Morgan they would have done their homework and seen how values are dropping.
The age group that might buy a Morgan is getting older, the younger sports car buyers want things that relate to their youth in the 80's and 90's, not cars from the 40's and 50's.......😁
You wouldn't buy a 'normal' car and expect to get your money back, why would you with a Morgan.....???
'Fun" has a price, and the price is now depreciation...........🤷🏻♂️
Sellers have to get realistic, prices/values just aren't what they were.🤷🏻♂️
Last edited by Julian BB; 04/12/24 04:16 PM.
