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1989 Morgan Plus 4 in Ontario, Canada
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Joined: Oct 2011
Posts: 541
Talk Morgan Regular
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Talk Morgan Regular
Joined: Oct 2011
Posts: 541
I did not buy my Roadster as an investment, I bought it for all the fun it brings me.
Ken.


Ken in Sweden - SM7CQY
Mr BRUM - Morgan Roadster 2004 Series 1 in Royal Ivory
Joined: Jul 2011
Posts: 61
P
Just Getting Started
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Just Getting Started
P
Joined: Jul 2011
Posts: 61
So did we, bought the best we could afford at the time and love the car to bits it is a great drive.


Phil C
Morgan Plus 8 4.0
Morgan 4/4 4seater 1.8
Volvo XC70 D5 220
Mazda MX5 2.0 Sport
Joined: Feb 2011
Posts: 14,009
Member of the Inner Circle
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Mine's hardly an investment. All the money I've thrown at it I'll never get back but then I never look at the car being an investment.....apart from an investment in enjoyment.


Jays
Former Morgan owner. Gone but hopefully not forgotten!
Joined: Jul 2011
Posts: 1,948
Talk Morgan Enthusiast
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Talk Morgan Enthusiast
Joined: Jul 2011
Posts: 1,948
Originally Posted By Phil C


Buy a good spec'd and good colour Morgan and it will hold its value given time.
I have a Plus 8 bought in 2003 new and it is now worth 5k more than when I bought.


I agree that 'hold its value' is a better expectation than appreciate - especially when one takes into account the inflation-adjusted value of money. As an example, £30,000 in 2003 would be equivalent to around £38,500 in today's money. I don't know whether these numbers equate to what you could buy a +8 for now and in 2003. Either way, must remember to get out and enjoy my cars more this year... blush .


Stuart
"There's no skill substitute like cubic inches."
Joined: Sep 2006
Posts: 4,564
NGUNS!!
Part of the Furniture
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NGUNS!!
Part of the Furniture
Joined: Sep 2006
Posts: 4,564
Originally Posted By Eddie Cairns
Originally Posted By Mike Hughes

Try a Porsche Boxster if you really want to see what depreciation is all about !


I looked at a new plus 4, a new Boxter, a three year old Boxter and three year old MX5 and a new MX5 all with a loss of Interest of 3% pa.

The only car that would compare with the Morgan re lost of capital and interest over 6 years or so was a three year old MX5 as they lose more than 50% of their value if you get someone who needs to get rid of it and is not trading it in for a new MX5 via Mazda.

As I have said buy one if you want one but Mike if you are so sure about them making money why do you not buy three of them and make three times as much.



doh you compare a new plus 4 with a 3 year old car that has already done 50% depreciation yet then 'chastise' Mike with a sarcastic accusation that he didn't actually make thinking

My Aero 'made' money. I sold it 4 years and approx 25000 miles later for exactly what I paid. It 'made' money because I expect to pay for my enjoyment!


Cheers

BtG
Joined: Aug 2012
Posts: 154
A
L - Learner Plates On
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Joined: Aug 2012
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I bought my '69 4/4 in 1973 for 1500 L. It has brought me an enormous amount of plesure. Appreciation? Damn right!

Allen


Allen
'69 4/4 Four Seater
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