Talk Morgan Forums Community The Malvern Arms MMC Press Release - New models, Steel chassis gone

Clearly the cost is a key area, but if better handling, more safety features, and a better engine swayed enthusiasts, there would be no classic car scene.

The CX platform isn't likely to attract the classic car enthusiasts.

Totally agree Dave.

BR
Colin

I am feeling positive about the CX chassis and MMC's future. Likewise I am sure there will always be customers for new and classic morgans. Classic Morgan will also be priced inline with other comparable classics eg AH/MG/Triumph

That's the way I see the future developing too, the CX is very good news without detracting from the past achievements.

Its basic supply and demand. There are very few trads on the market at any one time and when the production of trads ends, the number of trads will never increase making it an even more limited market.

Secondhand prices are also linked to the price of new cars as well as supply of cars. A new 4/4 Sport for example cost £27,500 in 2008 but the new price of a similar model had increased to £40,000 at the end of production in 2018. The low numbers of cars on the market (supply) and increase in list price is why a 2008 4/4 Sport is still worth in the region of its cost new in 2008 today.

With the introduction of the CX chassis, some dealers are talking about a 50% increase in price of the new CX equivalents to current trads. This should firm up or even increase the price of late trads (which have become instant classics!) and will work its way down to earlier models many of which have reached an age where they have stopped depreciating in value anyway.

All very academic however as we havent bought our trads primarily as investments.

The CX chassis on the otherhand is a bit of an unknown. You might expect them to hold their value as the trads had done before based on a limited supply of cars. The only problem is that if prices of the CX replacement for trads increase to circa £60,000 for a base model, then you are into a different market with lots more choice for buyers and even more so with the £80,000 + Plus 6's

Reading the Evo ECOTY article 2019 car of the year , the plus 6 is pitched up against 5 cars ranging from a Renault megane rs Trophy- r , Merc amg a45 , Cayman gt4 718 , Jag xe sv project 8 and merc amg gt pro , the plus 6 is let down by poor handling on track and bumpy ride when on UK roads . They like its character and roof off but it can't compete with any of these cars in the handling dept or on anything but flat surfaces. We don't just want to plod along with a Mog we want to be up there snapping at their heels !

Plus 6 came last of the 6 .

Agree with this.

The value of trads has always been capped by the supply/price of which you can buy the same car new. Take away the supply of new trads and the price is only limited by demand in how much people are willing to pay.

Prices of classic cars are determined by supply/desirability and rebuilding costs. If you take the value of an late 1960's Plus 8 compared to a late 1960's Healey 3000, (around £60,000) then actually classic Morgans are probably undervalued.

Morgan have a professional design team. It’s no longer Maurice Owen working from a shed at the back of the factory. What are they doing with their time? Are they coming up with a completely new model or are they planning drastic changes to the current lineup? They’ve already got the Lotus style bonded aluminium chassis in the pipeline so how about a grp body that will do away with the traditional wooden frame and the metal bashing. There must be cost savings there which would not affect the traditional styling. It’s no longer the old family run company but hard headed business people who are running the show.

I tend to agree Phil. The days of traditional Morgans have just about gone. There must be a limited market for an old body styled car with inherent issues like crude hoods that leak, equally crude side screens with their storage issues not to mention fairly average build quality. Many existing Morgan owners whilst accepting that may find the cost of the car off-putting . Morgan now has a chance to design and develop a modern two seater sports car that can compete with the opposition. One that looks modern but has a reference to the brand and lets the guys in the trim shop really have the chance to excel in what they are good at.
I

I agree!

But I don't think that MORGAN has the know how to build a (mostly perfect) car like others in the price range they reach now/ in the future.

For example it will be dificult to find new customers who will pay so much money for a "convertible" with an oldfashion roof like the Easy Up".....