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SORN
by OldSkrote - 31/07/25 02:07 PM
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Forums34
Topics48,376
Posts813,555
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Most Online1,046
Aug 24th, 2023
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There are no members with birthdays on this day. |
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Joined: Oct 2011
Posts: 3,515 Likes: 8
Talk Morgan Addict
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Talk Morgan Addict
Joined: Oct 2011
Posts: 3,515 Likes: 8 |
I have now sold two Five Speed Three Wheelers, and neither was an easy disposal, in fact the 2nd one I traded in to get the current 4 seater +4.
So the lesson is that while you have cash you have the upper hand, so do not be rushed into a purchase, there will be another one along soon which is better and cheaper.
Sadly I would suggest that a 2012 with no upgrades would only be worth around £20k now and a 2013 with no upgrades about £23k-£24k.
That wouldn't stop me buying another one some day, but you have to know what you are getting into, this forum spells it out.
Paul
[At last, I have a car I can polish]
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Joined: Nov 2007
Posts: 782
Talk Morgan Regular
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Talk Morgan Regular
Joined: Nov 2007
Posts: 782 |
Probably about right, those estimates of value. Sadly, this is in normal car territory and is not particularly welcome. Hey ho - better keep it forever then! Can't see the values dropping much below this level... ever! And expect they will rise again once the M3W is banned (which can only be a matter of time!!)
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Joined: Jun 2015
Posts: 5
New to Talk Morgan
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OP
New to Talk Morgan
Joined: Jun 2015
Posts: 5 |
Thanks Paul would be nice to find a Private seller that was not convinced there 2012 car was worth £26k ! I guy has been advertising for 4 months pretty standard beige car and will not lower his price .... guess he might be keeping it for a while ...
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Joined: Oct 2011
Posts: 3,515 Likes: 8
Talk Morgan Addict
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Talk Morgan Addict
Joined: Oct 2011
Posts: 3,515 Likes: 8 |
Absolutely right Wiscos, those that want one should be prepared to keep them and love them for what they are, like a wayward child who is essentially good at heart and means well.
Paul
[At last, I have a car I can polish]
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Joined: Dec 2011
Posts: 475 Likes: 6
Learner Plates Off!
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Learner Plates Off!
Joined: Dec 2011
Posts: 475 Likes: 6 |
Ledgerwood Morgan has 2 2012 3 wheelers for sale, both a shade under £23000, the black one is Phil Ledgerwoods car and will have been serviced and fettled to a very high standard, the blue one has also been looked after by Ledgerwoods and has proved to be very reliable doing numerous continental trips, as far as what upgrades have been done you would have to enquire but both have done enough miles to have had the problems sorted.
2015 +4 and 2000 4\4
1981 Lambretta GP225
1960 Lambretta LI 125
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Joined: Aug 2014
Posts: 265
Learner Plates Off!
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Learner Plates Off!
Joined: Aug 2014
Posts: 265 |
I have now sold two Five Speed Three Wheelers, and neither was an easy disposal This is not a good endorsement of the M3W ... I love the 4 seaters, they look proper Wacky Races with the hood up 
Looking for another Morgan!
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Joined: Sep 2006
Posts: 7,363
Talk Morgan Guru
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Talk Morgan Guru
Joined: Sep 2006
Posts: 7,363 |
I have now sold two Five Speed Three Wheelers, and neither was an easy disposal, in fact the 2nd one I traded in to get the current 4 seater +4.
So the lesson is that while you have cash you have the upper hand, so do not be rushed into a purchase, there will be another one along soon which is better and cheaper.
Sadly I would suggest that a 2012 with no upgrades would only be worth around £20k now and a 2013 with no upgrades about £23k-£24k.
That wouldn't stop me buying another one some day, but you have to know what you are getting into, this forum spells it out. I sold my 2012 3W recently and whilst it had some of the upgrades, it did not have them all and definitely did not have the fan-blowing capability, etc, etc. However with the extra steering wheel, it did sell for well in excess of £25K and the first buyer who came to see it for sale bought it without even a test drive and no negotiation.  I think that the spec pays a large part in the sale and if the buyer intends to upgrade his soon to be 'Pride and Joy', then any extras fitted are regarded as a bonus! 
Brian
1970 Morgan Plus 8 - Moss Box (Indigo Blue)
2014 Morgan SP1 (Rocket Red)
2015 Morgan Plus 8 (Rocket Blue)
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Joined: Feb 2011
Posts: 14,009
Member of the Inner Circle
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Member of the Inner Circle
Joined: Feb 2011
Posts: 14,009 |
The paint finish probably sold it Brian!
Jays
Former Morgan owner. Gone but hopefully not forgotten!
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Joined: Oct 2014
Posts: 5,016 Likes: 3
Charter Member
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Charter Member
Joined: Oct 2014
Posts: 5,016 Likes: 3 |
I'll keep my M3W for a while. She was never purchased as an investment but for fun. Now close to 20.000km on the clock. Most of bugs eliminated and the fun increases. That's the pure value of the M3W: FUN!
Hannes
once: Green M3W; 2013
now: Red 4/4 Sport; 2011
and some practical cars for use in real life
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Joined: Oct 2011
Posts: 3,515 Likes: 8
Talk Morgan Addict
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Talk Morgan Addict
Joined: Oct 2011
Posts: 3,515 Likes: 8 |
"I think that the spec pays a large part in the sale"
I'm sure this is true, and mine were both standard cars, apart from small things like a proper rear mudguard and a parcel shelf, etc.
Paul
[At last, I have a car I can polish]
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