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Aug 24th, 2023
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Joined: Dec 2009
Posts: 35,777 Likes: 468
Tricky Dicky Member of the Inner Circle
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Tricky Dicky Member of the Inner Circle
Joined: Dec 2009
Posts: 35,777 Likes: 468 |
A Morgan has not been a car you can flip for around 15 years now so don’t rush in unless you are a stayer with Malvern in your bloodstream 😂
2009 4/4 Henrietta
1999 Indigo Blue +8
2009 4/4 Sport Green prev
1993 Connaught Green +8 prev
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Joined: Jul 2007
Posts: 26,748 Likes: 419
Member of the Inner Circle
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Member of the Inner Circle
Joined: Jul 2007
Posts: 26,748 Likes: 419 |
I just bought 2022 plus four with 1800 miles on it. Not taxed since Aug last year.
I paid for what in 22 was over 76k on the price list 57.5.
Similar cars are out there in the mid sixties or higher.
I understood the po either sold it back or mmc bought it back due to the recalls.
CXs were then highly discounted and the MY23 upgrade made 22 cars too expensive . Why go secondhand when new wasn't much more.
That is my take on it
JohnV6
2022 CX Plus Four
2025 MG ZS EV aka Trigger
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Joined: Dec 2008
Posts: 21,868 Likes: 167
Roadster Guru Member of the Inner Circle
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Roadster Guru Member of the Inner Circle
Joined: Dec 2008
Posts: 21,868 Likes: 167 |
The only thing which really matters is that falling prices opens up the market. Sports car enthusiasts who previously thought Morgans were out of reach will now see opportunities. The market place is rammed with classics for sale. I think one of the issues is that those who are seeking "investment" will try to bale out at the first sign of a diminishing return, and those who are simply "weekends to the pub" drivers will be getting nervous if they think the market is collapsing.
DaveW
'05 Red Roadster S1
'16 Yellow (Not the only) Narrow AR GDI Plus 4
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Joined: Jul 2007
Posts: 26,748 Likes: 419
Member of the Inner Circle
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Member of the Inner Circle
Joined: Jul 2007
Posts: 26,748 Likes: 419 |
And of course political uncertainty and a crap summer don't help.
I bought the cx for the long term and the fun of it not as an investment.
JohnV6
2022 CX Plus Four
2025 MG ZS EV aka Trigger
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2 members like this:
Luddite, CooperMan |
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Joined: Dec 2009
Posts: 35,777 Likes: 468
Tricky Dicky Member of the Inner Circle
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Tricky Dicky Member of the Inner Circle
Joined: Dec 2009
Posts: 35,777 Likes: 468 |
Exactly what I meant by Malvern in the bloodstream - it”s not time for the Johnny come lately looking to make fast buck..
2009 4/4 Henrietta
1999 Indigo Blue +8
2009 4/4 Sport Green prev
1993 Connaught Green +8 prev
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Joined: Jul 2007
Posts: 26,748 Likes: 419
Member of the Inner Circle
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Member of the Inner Circle
Joined: Jul 2007
Posts: 26,748 Likes: 419 |
Agreed but there is a vast spread on MY22 CXs right now. I just want the grin & I hope no buyers remorse on exchange.
JohnV6
2022 CX Plus Four
2025 MG ZS EV aka Trigger
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Joined: Dec 2009
Posts: 35,777 Likes: 468
Tricky Dicky Member of the Inner Circle
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Tricky Dicky Member of the Inner Circle
Joined: Dec 2009
Posts: 35,777 Likes: 468 |
You won’t have that mate, you are going to love it and use it loads.
The price you paid was amazing value and an absolute beaut..
2009 4/4 Henrietta
1999 Indigo Blue +8
2009 4/4 Sport Green prev
1993 Connaught Green +8 prev
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1 member likes this:
John V6 |
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Joined: Nov 2015
Posts: 7,899 Likes: 241
Just barreling along Talk Morgan Guru
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Just barreling along Talk Morgan Guru
Joined: Nov 2015
Posts: 7,899 Likes: 241 |
A local member has just sold a lovely tweaked and drivable MTW Matchless Super Sport for just 28k less auction fees, as he had no takers privately, I suspect he's taken a big hit as he bought at the peak (expecting prices to continue to rise) at the time US buyers were buying UK three wheelers of this spec for circa £50k + shipping & import costs !
Jon M
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Joined: Dec 2008
Posts: 21,868 Likes: 167
Roadster Guru Member of the Inner Circle
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Roadster Guru Member of the Inner Circle
Joined: Dec 2008
Posts: 21,868 Likes: 167 |
I wonder how the fast Ford market is holding up. Because it was massively inflated.
DaveW
'05 Red Roadster S1
'16 Yellow (Not the only) Narrow AR GDI Plus 4
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Joined: Dec 2009
Posts: 35,777 Likes: 468
Tricky Dicky Member of the Inner Circle
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Tricky Dicky Member of the Inner Circle
Joined: Dec 2009
Posts: 35,777 Likes: 468 |
Well not bad but of course we know all about asking price and realised prices don't WE That GT40 looks tasty but let down by domestic copper pipework...
2009 4/4 Henrietta
1999 Indigo Blue +8
2009 4/4 Sport Green prev
1993 Connaught Green +8 prev
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