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Wales
by Joske Vermeule, September 1
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Forums39
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Joined: Jan 2013
Posts: 62
Just Getting Started
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OP
Just Getting Started
Joined: Jan 2013
Posts: 62 |
I haven't found any discussion of price here so forgive me if this has already been covered.
What is the normal price that people are paying in the EU?
Morgan website lists the base model as 25k GBP or 30k Euro but the place I'm looking to buy from is asking 36k Euro, before tax. 42k incl VAT (tax)
Last edited by MrPB; 20/01/13 11:45 AM.
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Joined: Apr 2011
Posts: 8,646
Needs to Get Out More!
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Needs to Get Out More!
Joined: Apr 2011
Posts: 8,646 |
The prices from Morgan France are (including TVA at 19.6% plus any pollution penalties applicable in France))  
Giles. Mogless in Paris.
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Joined: Jul 2007
Posts: 3,842 Likes: 11
le Asbo du Bling Talk Morgan Addict
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le Asbo du Bling Talk Morgan Addict
Joined: Jul 2007
Posts: 3,842 Likes: 11 |
MrPB I wouldn't be surprised if you're going to have to pay a premium especially if you want the car quick, or the dealer is selling you a build slot that he may secure more money for when the sun starts to shine again.
Slowly going green
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Joined: Mar 2009
Posts: 2,290 Likes: 9
Talk Morgan Expert
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Talk Morgan Expert
Joined: Mar 2009
Posts: 2,290 Likes: 9 |
And the secondhand prices are very high indeed.
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Joined: Jan 2013
Posts: 62
Just Getting Started
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OP
Just Getting Started
Joined: Jan 2013
Posts: 62 |
So I have an idea now what the dealers are asking.
What kind of prices are people actually paying? You can private message if you don't want to say publicly.
I'm willing to pay the going price but a 20% markup on MSRP seems a bit high and I don't want to get hosed!
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Joined: Jul 2007
Posts: 3,842 Likes: 11
le Asbo du Bling Talk Morgan Addict
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le Asbo du Bling Talk Morgan Addict
Joined: Jul 2007
Posts: 3,842 Likes: 11 |
You can deal with the factory, I did on mine, not sure about overseas sales, but I doesn't hurt to ask.
If you need I could PM you details
Slowly going green
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Joined: Apr 2011
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Needs to Get Out More!
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Needs to Get Out More!
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When I ordered my 4/4 sport in May 2010, the UK price including VAT for a left hand drive one was I think £31000 (rhd was £30000). At the time the exchange rate was €1.20 to the pound or so, so this equated to about €37000. At the time the list price of a 4/4 sport from Morgan France was €42000, but this included two eared spinners, round door mirrors and small rear view mirror, a moto lita steering wheel and 4 years warranty and servicing. On top of that I ordered a pack which included a tonneau cover, elasticated door pockets and door handles (which I didn't particularly want, but the kit was a fair bit cheaper than the tonneau and door pockets on their own) and a luggage rack - so the grand total came to about € 43 500.
I figured that of the €5000 I could have saved, some of it was taken up by the extras which come as standard in the Morgan France spec, the extended warranty and servicing made up for a fair chunk of it; there was always the risk that if I placed an order in sterling in the UK there was a risk of the currency moving against me during the 11 months until I took delivery, (which is a risk that the French importer is of course exposed to and must factor into his pricing).
Much though I'd have loved to give the business to BHM who had been superbly friendly and helpful, it seemed fairer and more sensible to place the order with my local dealer who I'd be expecting to maintain the car, not to mention avoiding all the hassle of importing the car and registering it on french plates.
However, if I were looking to buy second hand I think I'd be far more likely to buy from the UK.
Giles. Mogless in Paris.
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Joined: Jan 2012
Posts: 4,333
Gone to Porsche Part of the Furniture
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Gone to Porsche Part of the Furniture
Joined: Jan 2012
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You could of "forward contracted"The funds......in mid 2012 I was exchanging at £1.00 to €1.28 this benefit obviously makes a significant saving on an expensive purchase
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Joined: Apr 2011
Posts: 8,646
Needs to Get Out More!
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Needs to Get Out More!
Joined: Apr 2011
Posts: 8,646 |
You could of "forward contracted"The funds......in mid 2012 I was exchanging at £1.00 to €1.28 this benefit obviously makes a significant saving on an expensive purchase True, and had I placed the order in the UK that's probably what I'd have done, but it also has costs involved.
Giles. Mogless in Paris.
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Joined: Dec 2007
Posts: 536
Talk Morgan Regular
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Talk Morgan Regular
Joined: Dec 2007
Posts: 536 |
Morgan France in Paris have historically sold their cars at higher prices. For the French market there is now an alternative, Marcassus Sport in Toulouse. Don't know their pricing for MTW but wouldn't surprise me if they were cheaper and more aligned with other European dealers.
Cheers
Philip
1985 Plus 8 four seater Malone F1000 - track car
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