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by Rex_tulips - 30/07/25 07:59 PM
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Forums34
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Most Online1,046
Aug 24th, 2023
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Joined: Sep 2014
Posts: 989
Talk Morgan Regular
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Talk Morgan Regular
Joined: Sep 2014
Posts: 989 |
Thats a good point.
imagine if they had announced an 8% price reduction. Ok not likely in a month of sundays but that would hit residuals hard and upset those dealers sitting with stock.
2015 Morgan 4/4 (Wolf fettled) previously 2014 M3W
MINI Cooper S and numerous BMC/BL relics.
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Joined: Jul 2007
Posts: 28,429 Likes: 180
Salty Sea Dog Member of the Inner Circle
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Salty Sea Dog Member of the Inner Circle
Joined: Jul 2007
Posts: 28,429 Likes: 180 |
Two MX-5s for less than £40k...
Graham (G4FUJ)
Sold L44FOR 4/4 Giallo Fly
'09 Gen2 MINI Cooper ragtop
'90 LR 90 SW
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Joined: Dec 2008
Posts: 21,871 Likes: 168
Roadster Guru Member of the Inner Circle
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Roadster Guru Member of the Inner Circle
Joined: Dec 2008
Posts: 21,871 Likes: 168 |
You could have an Mx5 for every day of the week for £40k.
DaveW
'05 Red Roadster S1
'16 Yellow (Not the only) Narrow AR GDI Plus 4
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Joined: May 2010
Posts: 9,285 Likes: 69
Needs to Get Out More!
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Needs to Get Out More!
Joined: May 2010
Posts: 9,285 Likes: 69 |
Brexit is triggering a negative effect. Uncertainty is causing people to be very cautious, both individuals and businesses.
If MMC forecast a slowing down of sales then the rise will help keep turnover/profits at what they think is ok.
There will still be people with enough disposable income to indulge at higher prices, albeit fewer. It could be a balance of trade-off of volume versus profits with what they are projecting sales forecasts.
An analogy with tobacco tax revenue....still rose for years despite punitive tax. The hardcore kept buying.
This and the value of the £ are a difficult combination to manage.
Plus Four MY23 Furka Rouge
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Joined: Dec 2009
Posts: 35,794 Likes: 473
Tricky Dicky Member of the Inner Circle
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Tricky Dicky Member of the Inner Circle
Joined: Dec 2009
Posts: 35,794 Likes: 473 |
The good lady has been rumbling on about a new G plan 3 piece suite for about 6 months now and I have to look reluctantly at catalogues and samples zzzzzz. Anyway I stormed her tonight and said I hope you have put that deposit down before the prices start going up - well that did the trick  lots of cider and plane magazines came back from the Sainsbury run this evening... We all know who won but I don't mind she's happy and it's time to buy British whenever you can .
2009 4/4 Henrietta
1999 Indigo Blue +8
2009 4/4 Sport Green prev
1993 Connaught Green +8 prev
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Joined: Apr 2014
Posts: 196
L - Learner Plates On
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L - Learner Plates On
Joined: Apr 2014
Posts: 196 |
I'm assuming from the email at the start of this thread that my already ordered car won't be affected, for me it would make the difference between cancelling or not.
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Joined: Dec 2009
Posts: 35,794 Likes: 473
Tricky Dicky Member of the Inner Circle
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Tricky Dicky Member of the Inner Circle
Joined: Dec 2009
Posts: 35,794 Likes: 473 |
I wouldn't have thought so you have made a deposit and signed a binding agreement with them for a set price.
The very reason I'm getting the good lady to sign up for the suite tomorrow as it's binding.
2009 4/4 Henrietta
1999 Indigo Blue +8
2009 4/4 Sport Green prev
1993 Connaught Green +8 prev
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Joined: Apr 2014
Posts: 196
L - Learner Plates On
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L - Learner Plates On
Joined: Apr 2014
Posts: 196 |
I'm sure that's the case, although I remember that many years ago when the waiting list was years you put your £250 down and paid whatever the going rate was six or seven years later. In my case, yes I have paid a deposit both of some cash and a car with a balance to pay.I was assured that was the final figure at the time, although I was also assured there was never a price rise at this time of year!
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Joined: Jan 2012
Posts: 14,976 Likes: 1
Member of the Inner Circle
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Member of the Inner Circle
Joined: Jan 2012
Posts: 14,976 Likes: 1 |
At least it makes the dealer new stock more of a bargain against new bespoke, and it boosts residuals, so unless you want a new one today it's a win win? Was thinking the same and with an "end" to four seaters I will shortly be buying a small island somewhere 
Richard
1976 4/4 4 Seater
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Joined: Sep 2008
Posts: 953 Likes: 91
formerly known as Hugh Jorgan Talk Morgan Regular
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formerly known as Hugh Jorgan Talk Morgan Regular
Joined: Sep 2008
Posts: 953 Likes: 91 |
Because they're taking the f**king pi55. Thats why.
I have made the point for some time that MMC seem to have become deluded into believing they're a big time car manufacturer.
THEY'RE NOT.
They're very firmly a tiny, niche, odd ball, cottage industry building over priced, out dated museum pieces for nostalgia freaks and people with more money than sense.
( I totally associate myself with all those character traits)
£40k for a 4/4………..
£50 for a +4…….. (with basic spec)
Come on. Get real.
For years now the production process has become more and more 'streamlined'!!
They're been making the damn things for 100 years, they should be able to do it fairly well by now for gods sake!!
I refuse to believe that they're not making profit on the cars. If they're not then they really should give it up!!!
Get rid of managers
get rid of the 'design team'
reduce production
increase quality
IMHO
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