Morgans will continue to be sold to "enthusiasts" due to the limited
production and the "mystique" of the marque. We should be more than happy
that there are folks out there with the money to afford the new cars and
keep them rolling off the line and into the US & Canada. If you remember
back when...the $3500 for a new Mog back in the 60s was still a bit of
change for many of us especially when we were young and just starting our
careers. I boughjt an Austin Healey 3000 (sorry about that) in 1964 fresh
out of grad school. The car cost about $3500 (about the same as a Morgan)
but I was only making $5200. I wanted an XKE but those were well over 5
grand. So if there are buyers in the $70k market...Good for them! and good
for us, because new cars are keeping the marque alive over here. When I hit
the lottery, you can bet I'll place my order. meanwhile, I am happy with my
63 +4. Hope Will Lamb or Ed Pomeranz will let me drive their new +8s. Cars
like Mercedes and the Jag XK8s are too often not sold, but leased. The
leasees are not car enthusiasts, so what was once a great sports car is now
just a yuppie status symbol to which the driver has no attachment and is
returned at the end of the lease to be swaped for the "symbol du joure".
Morgan owners, new or old, have a loyalty and emotional attachment that
can't be duplicated by many other car owners.
-----Original Message-----
From: LSelz@aol.com <LSelz@aol.com>
To: carfindr@tiac.net <carfindr@tiac.net>; Morgans@autox.team.net
<Morgans@autox.team.net>
Date: Monday, March 22, 1999 11:31 PM
Subject: Re: $70,000 Morgans
>Jeff - re: "...the price is getting up there..."
>
>I know that people buy $350,000 Gullwings and $700,000 Ferraris every day,
and
>that to many, $70,000 or more is not that much money to have some fun with.
>To old money, smart investors in the stock market, Y2K consultants, top
>Herbalife salesmen, $70k is chump change; I'm glad for them: hope I'll get
>there some day.
>
>I guess I'm just at that economic level where $15,000 for a vehicle
represents
>a decision that takes years to make. The most I've ever paid for a car of
any
>kind was a Ford van for $17,430, and now it has 110,000 on it and I'll
>probably try to keep it running forever so I won't ever have to buy
another.
>I look at $28,000 Austin Healeys and $37,000 XKE roadsters and the price is
>getting away from me faster than I can catch up to get the money together.
>And now Morgans are getting to be the same way.
>
>Don't get me wrong; I'm not some socialist. I love being around people
that
>can afford nice things like a stable of vintage race cars or a $50,000
>childhood dream. It's just that the current economic boom and concurrent
>inflation in the price of toys, along with two teenagers, has left me a bit
>behind the curve. I'm going to keep my Morgan running a piece at a time
and
>keep digging for that pot of gold........!
> Lannis
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