Talk Morgan Forums Community The Malvern Arms Interesting price for a CX plus4

I looked at the stock of Plus Six on Autotrader and what is interesting is the number that are not from Morgan dealers. I think there was one at Williams and the rest looked like specialist general resellers.

That would be generous for a dealer. i would put a figure of £45k being more realistic. Putting a reg into we buy any car gives an impression of what would be paid.

I suspect that's because official dealers were overstocked a few months ago and were turning away punters unless they were ordering new, so anyone desperate to bail out of a troublesome CX would have to find another general trader

I did wonder, does not play well for the channel.

Will be interesting to see what this goes for / bid up to..

https://collectingcars.com/for-sale/2023-morgan-plus-four

Bang on the money and not just CX. I am gearing up to sell my 4/4 and there doesn't seem to be any appetite from a Morgan dealer to want to take on more stock, CX or otherwise!

How times are changing, I'm sure the current economic climate isn't helping, but the 2800 miles that CX has covered might work out quite expensive for the current owner. I'm not sure, but there may be a correlation between length of waiting times for new car delivery and the urge to flip if not entirely happy with the delivered car.

In the past with lengthy delivery times running into years, most buyers were most likely very keen enthusiasts for idiosyncratic Morgans and having waited years for delivery seemed to hang onto them, even if they rarely used them. Years gone by it was hard to find any real numbers of second hand Morgans for sale.

Today, with very short delivery times and more instant gratification, its not unusual to come across almost new cars with very low mileage up for sale often at giveaway prices. I appreciate the CX recall hasn't help the market, but some of theses cars currently for sale are post the recall, and surely the owners knew about the issues before committing to purchase.


I do wonder whether the CX being very much more main stream in its driving behaviour and handling and more akin to a major manufacturer convertible, that it has lost some of its special appeal. Now at a price point when compared with other manufacturers offerings is lacking in features eg weather proof electric roof and therefore the uniqueness of the design is somewhat dissolved/diminished when compared with a trads competition. Having said that the trad market is currently awash with cars with pricing under pressure and cars sitting for long periods. Then again it may be just the economic climate, maybe people awash with post Covid money gone looking for home, that are subsequently baling out.

A Morgan in your garage is a decent chunk of money. Considering how many low mileage Morgans there are it doesn’t surprise me that in the current economical climate those “dead” funds are looked at critically.
If you use the car then it can be justified so a factor you build in when looking at lifestyle, finances.
Morgans are in a niche market so potential buyers are limited.
A dealer is in the position of holding a lot of valuable stock so that will be high on their decision to take a car. Buying new, with deals linked with MMC seems to be happening. Any idea how many cars are being sold on a commission basis by dealers? Either from private sellers or MMC? Even that could affect sales of traded in cars so the better cars ( including ones with desirable provenance) would be the ones that get taken on. The days of sales value expectations at higher prices are diminishing, if not already gone. What you might value the car at seems to be over optimistic.
Here’s a scenario.......
You buy a new car already built and in a dealer showroom and trade in your older one. The new car is effectively still owned by MMC and the dealer is an agent.
New car sale...tick
Money moved to MMC to release the car and dealer gets their agent money.
Traded in car put up for sale. Have MMC bought it and the dealer the agent to sell?
There are variants to this depending on whether the new car was pre-ordered by the dealer to a spec as part of the Dealer/MMC agreements or a car not yet built, specc’d and then built.
It’s a changing world for car selling indeed.

Owners who need or want to sell are simply going to have to accept the fact that their car isn't worth anything like it was when it was new.
The days of profit or even getting your money back on a Morgan are long gone.
The days of it being a safe place to put your pension are long gone.
These factors probably add to the slump in the Morgan market, which in itself mirrors the 'toy' car market generally.

Dealers, who also seem a bit deluded, seem to be sat on stock they've had in for ages, either owned or on commision, but at last years prices, or possibly the year before last....!

For some years MMC have wanted to be seen as a big time car manufacturer and create a modern or contemporary car. Now they've created the 'modern' CX platform car they're experiencing the same issues as the rest of the mainstream car manufacturers.
Interest free credit, any colour, any leather, there's not much left to throw at it to stimulate sales....except...... reduce the price, which many would argue is way too high 'for a Morgan'...!

As has been said many times, there's a hell of a lot of choice if you've got £80k+ to spend on a sports car.

Julian,
agreed & don't forget on this auction you pay a buyers fee plus VAT on the lot.
I think MMC have massively upped the quality & made great car in the CX range but lost heir USB somehow. Others I know disagree & I can see why