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Joined: Jun 2021
Posts: 1,779 Likes: 52
Talk Morgan Enthusiast
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Talk Morgan Enthusiast
Joined: Jun 2021
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I have read it. "Still far from perfect but that’s all part of the appeal" is a bit questionable for me.
Peter 2009 3-litre Roadster "Ivor", royal ivory / green
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Joined: Jun 2015
Posts: 1,951 Likes: 40
Talk Morgan Enthusiast
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Talk Morgan Enthusiast
Joined: Jun 2015
Posts: 1,951 Likes: 40 |
Morgans had upheld their value for decades with negligible depreciation. So, why has it changed so drastically and so relatively suddenly? New management; issues with CX range; or what? Whatever it was after all those years, it has affected the whole used Morgan market. Views anybody?
Doug 2011 Plus 4 in Rich Maroon
1972 750 “ComDom” sprinter 1958 Triton 650 1992 Triumph Trophy 900
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Joined: Jul 2007
Posts: 26,747 Likes: 419
Member of the Inner Circle
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Member of the Inner Circle
Joined: Jul 2007
Posts: 26,747 Likes: 419 |
Models didn't change rapidly in the trad era.
The CX Plus Four is on it's 4th version in 5 years. You have:- Launch in 2019 MY22 MY23 MY24
My MY22 car is a great improvement vs the launch cars but it was sold back to a dealer with the brake & rad recall. MMC then have had what nearly 12 months of colours offers which made it unsaleable. That plus the constant model upgrade meant I bought a 2 year old car for £57k with 1900 miles when new it was £81k.
So yes to survive MMC have created higher depreciation in my opinion. Good for me but I wonder over the markey going forward.
For the trads I think younger buyers aren't interested. My kids all are no petrol heads.
JohnV6 2022 CX Plus Four 2025 MG ZS EV aka Trigger
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Joined: Apr 2008
Posts: 11,854 Likes: 137
Scruffy Oik Member of the Inner Circle
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Scruffy Oik Member of the Inner Circle
Joined: Apr 2008
Posts: 11,854 Likes: 137 |
Morgans had upheld their value for decades with negligible depreciation. So, why has it changed so drastically and so relatively suddenly? New management; issues with CX range; or what? Whatever it was after all those years, it has affected the whole used Morgan market. Views anybody? 1. Increase in supply - in the olden days there was a 5 or more year wait for a new one 2. Fall in demand - in the olden days there we many more people who wanted an ancient-looking car with modern(ish) mechanicals 3. Greater competition in the market - current Morgans are competing with the likes of Porsche 4. Cost of living squeeze - less disposable income available to buy luxuries. Nobody needs a Morgan.
Tim H. 1986 4/4 VVTi Sport, 2002 LR Defender, 2022 Mini Cooper SE
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Joined: Dec 2008
Posts: 21,865 Likes: 167
Roadster Guru Member of the Inner Circle
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Roadster Guru Member of the Inner Circle
Joined: Dec 2008
Posts: 21,865 Likes: 167 |
Morgan now build cars which fewer people can afford, and at a much higher level in the marketplace, where buyers are far more demanding. So for the last four years, CX Morgans have come onto the market. Admittedly not that many, so for example at 650 units a year that's only 2,600. But they are finding their secondhand worth and as they approach Trad prices, that will also push the trads down.
For buyers new to Morgan, the pricing will be confusing, because it always was. It's really not worth worrying about the value of used Morgans. They are cars to be enjoyed, like any other quirky low volume cars.
DaveW '05 Red Roadster S1 '16 Yellow (Not the only) Narrow AR GDI Plus 4
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1 member likes this:
Perry_P_M3W |
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Joined: Nov 2016
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New to Talk Morgan
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New to Talk Morgan
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Morning, is there a guide to the 'improvements' made to the CX range from MY19 to MY23 ? I do miss the paper copies of sales brochures
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Joined: Dec 2011
Posts: 612 Likes: 13
Talk Morgan Regular
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Talk Morgan Regular
Joined: Dec 2011
Posts: 612 Likes: 13 |
Even the classic were expensive cars with lots of problems . In 2011 a 4/4 sport was 42000 euros and a golf for exemple 18000 euros. My arp4 cost 84000 euros on the trad chassis. My plus four my2020 94000 euros and a 2020 golf gti 50000 euros. But after 3 classics , the plus four is really the best.
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Joined: Jan 2024
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New to Talk Morgan
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Morning, is there a guide to the 'improvements' made to the CX range from MY19 to MY23 ? I do miss the paper copies of sales brochures https://morgan-motor.com/introducing-the-new-plus-four-plus-six/
Gerald
42 is the answer! 😉
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Joined: Jun 2021
Posts: 1,779 Likes: 52
Talk Morgan Enthusiast
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Talk Morgan Enthusiast
Joined: Jun 2021
Posts: 1,779 Likes: 52 |
To me, much of that reads like something from Google Translate. And the Quality Control on the blurb is not perfect, quote "These calibrations are integrated deeper into the vehicle and adapt gear shifting based on brake pressure and steering angle steering angle depending on whether in ‘normal’, ‘Sport’ or ‘Sport+’ mode." unquote. Note the repetition and rather sparse punctuation.
Peter 2009 3-litre Roadster "Ivor", royal ivory / green
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