In my 40 years of monitoring them this is unprecedented tbh.
.....so hundreds of unsold cars (plus those at dealers who don't use Car & Classic). Are they all awaiting new (no-previous-Mog) buyers, or anecdotally is there a significant percentage of trading-up (or down) to another Morgan ? If the latter, that just perpetuates the cycle of more cars coming onto the market and looking for buyers.
Peter 2009 3-litre Roadster "Ivor", royal ivory / green
The number of cars for sale on Car and Classic has jumped.in 12 months or so ago when there were between 12 and 16 pages of Morgans for sale now its over 30 pages of adverts. With the increasing emphasis especially under Labour to extend further the LTN's, Low emissions zones and 20mph areas, as a result we may see a further split in the market place. Basically into 3 groups the desirable Euro 4 and above and. those Historic vehicles over 40 years which are currently exempt and the third group the rest which fit into neither category and may be restricted or charged for use in these growing number of restriction/charging areas springing up everywhere.
I foresee greater price drops in the cars that either don't qualify as Historic or Euro 4 and above. Already seeing it in other car btands were modern classics under 40 years old are either struggling to sell or values are falling .
Last edited by JohnHarris; 13/06/2406:36 AM.
Prev '12 Plus 4 Sport OZZY '08 Roadster FELIX '06 4/4 70th LOKI '77 4/4 SEAMUS '85 4/4 MOLLY
The writing has been on the wall for years the automobile community chose not to read it the ship has sailed and is way out in the ocean it may dock occasionally for brief resupply but not on a permanent basis. Too late now for those wanting a return on their investment, my philosophy has always been ownership to drive and enjoy till I no longer can then what happens to the vehicle doesn't matter.
Well It's Rodeo weekend in our little mountain town so all three Moggies will be in the Parade entertaining the folks and it is going to be a hot one too.
Last edited by britmog; 13/06/2402:16 PM.
Bruce 1964 4/4 Series V Comp (Megan) 1994 +8 (Maurice) 2013 M3W (Olga)
Thanks Richard, I think they have corrected the link since I sent the duff one to Offstone (but didn't get the courtesy of a reply...that's the usual MSCC for you)
I don’t want a CX and I’ve not looked at the for sale stock but I’m smelling blood, if there’s a desperate seller willing to be taken advantage of, I’m your man, I love a bargain!
I’m really interested in a used Plus Four CX at a main dealer but I’ve checked and realised it hasn’t been taxed for 8.5months. On our not an easy car to sell!