Many of us have had a thraping and got the man maths a bit wrong who would have thought. It will obviously hit home if you have to sell. Trouble is the dealers are not taking in stock and dozens are now going to auction and suppressing prices. Very concerning for morgan you would think at a time when they clearly produce their best products in years. I for one will lump the mileage on and enjoy the car.
I think that pretty well everyone who owns a Morgan has lost money now. Long gone are the days of rock solid residuals, but that can be said right across the ‘classic car’ market.
If people really need to sell they’ve got to price to almost give the car away such is the amount of over supply and the lack of demand.
Ironic, as you say, that Morgan are now building cars that are almost ‘modern’….😁
I can’t imagine it matters to the Italians, they just need to see a return on their investment so need to make MMC appear to be a viable business making a product that buyers want.
I think that the catastrophic depreciation has to start putting potential buyers off though….🤷🏼♂️🤦🏻♂️
All that is left to do is drive the hell out of them to make sure you get your money’s worth……🤷🏼♂️😎
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