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Most Online1,063 Jun 14th, 2026
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Joined: Mar 2012
Posts: 4,648 Likes: 123
Part of the Furniture
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Part of the Furniture
Joined: Mar 2012
Posts: 4,648 Likes: 123 |
Cars are for driving. If I can drive them as a hobby and not lose my shirt then that's great. Not sure I need them to be investments too...
It seems to me that classics with very low mileage get to a stage when it's all about preserving the low mileage rather then enjoying the car - they can't be driven because that low, low mileage has to be kept low. Some models are so expensive they can no longer be taken onto those dirty, dangerous roads - when was the last time you saw a DB5 going by?
2021 Lapis Blue Plus 6  You know it makes sense!  2016 Carmine Red 991.2 C4S
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Joined: Mar 2013
Posts: 1,508 Likes: 57
Talk Morgan Enthusiast
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Talk Morgan Enthusiast
Joined: Mar 2013
Posts: 1,508 Likes: 57 |
DB5... 1965. Means that, assuming that the max will have the same destiny, I need to buy it when I am 30, then stare at it in my garage for 50 years (of course driving it once per year to the dealer for the service), then sell it for a very good amount of money when I am 80. Not sure that this is what I want from my car.
2010 Violet Aero Supersports | 2012 Green Vantage S Roadster
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Joined: Oct 2006
Posts: 2,825
Mr Fezza Talk Morgan Expert
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Mr Fezza Talk Morgan Expert
Joined: Oct 2006
Posts: 2,825 |
Mike - I was talking about the rarer models - the cars being bought sight unseen were 911 S models from the early 79s - pre 73 mostly. Alongside their RS And ST brethren these are sought after classics and I would wager many are owned and not driven now.
However these price increases (RS at over 500k?) means that the regular cars have seen their prices driven up artificially as a result.
I'm sure when the stock market looks like a sure bet and interest rates at the bank or government bonds look like better investments then a lot of non enthusiasts will drop out of the classic market. At that point I think the market will correct.
As for the Aeromax - it has a market and it is rare. Given that fact I think it will hold its original list price or gain quietly for a long time to come. I doubt it will double in value overnight. I hope they do gain significantly though - I will have one again in time, and a car that is appreciating is likely to be kept in good order kept original and be usable.
I've owned 4 Aeros over time, and overall I list practically nothing on buying and selling. They are very solid bets from a depreciation perspective...
-------------- Maxxed out!
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Joined: Jan 2007
Posts: 2,432 Likes: 66
Talk Morgan Expert
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Talk Morgan Expert
Joined: Jan 2007
Posts: 2,432 Likes: 66 |
I dont think The Aeromax will ever drop to 50k whilst the trads command such high prices second hand and Morgan keep hiking the prices as they do.However when the new Aero is unveiled at Geneva there will be another price hike and prices of Aeromaxes will surely firm up a bit as with all later Aeros.
Emyr (Em)
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Joined: Jan 2007
Posts: 2,432 Likes: 66
Talk Morgan Expert
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Talk Morgan Expert
Joined: Jan 2007
Posts: 2,432 Likes: 66 |
Mike ,you should have kept that ballon white Aero it was a stunner, i sold my frst aero and bought a new four seater what was i thinking.
Em
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Joined: Oct 2012
Posts: 2,822 Likes: 155
Talk Morgan Expert
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Talk Morgan Expert
Joined: Oct 2012
Posts: 2,822 Likes: 155 |
when was the last time you saw a DB5 going by? Last summer when out in the three wheeler! Big waves exchanged.
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Joined: Mar 2009
Posts: 11,524 Likes: 312
Smile, it confuses them Member of the Inner Circle
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Smile, it confuses them Member of the Inner Circle
Joined: Mar 2009
Posts: 11,524 Likes: 312 |
+1
Supply and DEMAND. I spent ages finding the first S2. Its all about people becoming aware of them and wanting one. The latter part happens as soon as the first part happens.
Everyone loves a Morgan. Even me, unless it's broken again.
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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
Posts: 4,333 |
The Max sold today, heres the good news......i actually made a slight profit even including my servicing costs. So 3 years of ownership 18000miles and meeting some of the nicest people around not bad on the day i say
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Joined: Feb 2012
Posts: 5,654 Likes: 4
Charter Member
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Charter Member
Joined: Feb 2012
Posts: 5,654 Likes: 4 |
The Max sold today, heres the good news......i actually made a slight profit even including my servicing costs. So 3 years of ownership 18000miles and meeting some of the nicest people around not bad on the day i say Good one, that's the way to do it.
Martin (Deano)
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Joined: Jan 2007
Posts: 3,480 Likes: 42
Talk Morgan Addict
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Talk Morgan Addict
Joined: Jan 2007
Posts: 3,480 Likes: 42 |
OK now time to fess up -- you've ordered one of the new Aero8's, haven't you  -- and baby blue too  Cheers!
Robbie 2021 Plus Four -- Helga 211-WX-1433
"Fettlebodge"--A chief of the PaddyMogs
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