Talk Morgan Forums Community The Malvern Arms Trad prices ..versus owners dreams..

Yes Tim H. I think you have a strong point there regards the pool of potential buyers being less competant at looking after older cars. This is a pity because older cars are less complex and quite rewarding if you trouble to get familiar with the greese gun and oil can.

I use NORTON on smartphone and 2 PC - no problems or even Indications of potential problems (until now).

Still fine with my Norton, and also works fine with the school ESET Antivirus. I think the reported 'dodgy image' was a false alarm. Remember, AVG is saying it is a 'Phishing' site, and it's difficult to understand how an Image Hosting site can be classed as Phishing.

phishing
/ˈfɪʃɪŋ/
noun
the fraudulent practice of sending emails or other messages purporting to be from reputable companies in order to induce individuals to reveal personal information, such as passwords and credit card numbers.

I was surprised to have issues with Norton seeing others were only complaining about AVG. However Norton, Avast, and AVG are all brands owned by Gen Digital so probably have similar issues.

Regarding prices of cars. I remember when I first found out Morgans existed they had a 5 year waiting list. That surely helped keep the price of seconds hand cars up, even in 2019 I was told it took well over a year to get a car. But now there seems to be a lot of cars for sale and I feel Simon is right that for Trads supply now appears to be outstripping demand.

Back in May 2001 I tried to Import a Nissan Silvia Convertible, for months there was nothing coming up for sale and I ended up getting a car in May 2002 costing me $19,400. When it was written off in 2020 the insurance company paid me $9000 and then sold the wreck for $10,564, later that year I saw a two rusty wrecks sell for close to $20,000 making me think the $9,000 value mine was paid out for was well below market and the insurance company had ripped me off. Now there is a car in very good condition for sale for $23,000 and has been advertised for 4 weeks. Back in 2001/2002 I would have grabbed it, not sure about 2020 but I would think whoever paid $20,000 for a rusty wreck would have jumped at one in good condition for not much more. If I won lotto I would grab it as it was I enjoyed owning something unique and fun to drive but I really like my MGB and I know I am only allowed to have one toy.

I feel that Covid changed the market for a lot of reasons, people with money couldn't spend it on holidays and bought other things like interesting cars pushing the price up for collector style cars. All cars were not available to buy due to lack of parts like computer chips so all cars went up, not sure about elsewhere but Covid in Australia coincided with bad hail storms, bush fires, and flood that wrote off a stack of cars (over 10% of all cars in my state). So a lot of people (including me) needed a replacement car just at a time when the dealers had no stock to sell so basically would buy anything they could get their hands on.

Now the factories are open and as far as I know cars are available, plus we are now getting some new and interesting cars arriving from China, BYD Seal MG4 Xpower and Cyberster etc. that were not even really heard of pre covid we are seeing the opposite where it has gone from a sellers market to a buyer market for all types of cars.

I remember in 2019 there were generally about 90 MGB's for sale (plus others not on the main car sales website) , so when I decided to go ahead with my MGB Frontline build my view was at least there will always be a supply of donor cars to use to build another one if I am unlucky enough for the car to be written off, by mid 2020 it was down to about 10 and I though had I made a mistake on the supply of MGB's, now it is back to 70, so the supply is probably about the same as before. I also look at the Morgans for sale just for fun and there seem to be more now that there ever has been.

I ask for an apology now if I am breaking rules that I am not aware of.

After reading through most of this thread again, and thank you to all who have contributed, I am now wondering what my particular 4/4 is worth. My for sale ad was updated not long ago to what I believe is a fair asking price, but am I off?

I've pulled the trigger on a new car purchase to replace the 4/4 and Defender. The Defender sold and whilst the new car isn't set to arrive until Spring, I would feel better knowing it's sold well before the new arrival. With that said I was going to post it properly on Autotrader and Classic and Classic. Appreciating it's not the best time to sell a summer sports car, what say the masses? I do have a massive emotional attachment to my 4/4 80th but it's been a garage ornament and it's time I let someone else cherish and more importantly, drive it! I'd feel better knowing it's going to a Morgan enthusiast!!!

Apologies again if it's against the rules to ask such a thing.

It's been said many time, there's little or no market for Morgans at the moment.
The 80th was a special edition, but when Morgan discovered the concept of the 'special edition' they really went for it...... so you didn't have to wait too long for another shameless marketing opportunity to come along.🤷🏻‍♂️

At mid £30's for a 4/4 it looks dear when a nice 4/4 can be had for sub £30k.
At mid £30's a very nice +4 can be bought, so someone has to really want an 80th 4/4 and appreciate it's 'uniqueness' to pay up for it.
If a suitable buyer doesn't materialise going to auction with a sensible reserve might be an option.....🤷🏻‍♂️

A friend of mine with an 80's mog in perfectly good condition hoped to get 15k for it. Someone just offered him 10! He refused but it just shows what buyers are hoping to pay nowadays......
I've never seen a mog of any type for 10k

There's a 2019 Plus 4 going for £24900 needs an misfire resolving hence a trade sale

https://www.autotrader.co.uk/car-de...Y8%202NR&price-from=5000&fromsra

Bargain, must be £15k under current retail, would take a reader along to see what error messages its producing.

I am guessing the offer was from a trader who was looking to make the £5k as their profit?

I almost agree with your comment but also consider that we (the experienced Morgan owners of old) are just not their target anymore. The baby went out with the bath water for many. To be fair a number of trad owners who did not go Aero have gone CX?

If they want to bring fresh blood into the game then they need to get new people to 1.See 2. Consider 3. Try a CX given the trad was shot at the same time as the aero for the new range? I still think that decision is going to be the defining error when we look back.

This means getting press and wannabes, sorry influencers, to promote the car. As they used to say in the days when trees were used for paper not hugging, column inches lead to sales. The annual model cycle and special edition strategy is used by all the modern vendors to put their product into contention in a noisy market. If you think it is bad now wait until the Chinese manufacturing powerhouse starts to flood our market. They don't wait four years for a model cycle either. I think we are just watching more conventional marketing activities. Which does not align to our view of Morgan. It's a big bet, not one I would take the odds on at this point. The market is also not in their favour right now. It's the first time I have ever been worried about them.

We are just going through a recession and sheading of toys and investment things eg watches, some makes such as fast Fords are still doing remarkably well, most are pre chip and sensors and remarkably well supported infrastructure to keep those vehicles going

Morgans by comparison are very maintenance intensive (in generally declining skill base ) limited infrastructure support base and quite expensive parts etc for Morgan specific parts. Earlier cars have poor build quality and vulnerable materials and treatments often requiring rebuilding, which just make them a more expensive economic proposition to own and repair if you can't or don't want to do it yourself. Spares for some recent models are non existent already and unless factory support of spares makes them available again, the number of cars in use will fall and informed buyers will not enter into that particular market.

The adverse publicity around the recall etc., must have affected all models. as they all look the same to a punter.

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