RE: Revealed: Morgan Eva GT

RE: Revealed: Morgan Eva GT

Author
Discussion

hornetrider

63,161 posts

206 months

Thursday 19th August 2010
quotequote all
markCSC said:
DJC said:
Emotional purchase indeed.
I may have done something emotional.
That will be the 8th one so far on this thread. smile
Indeed. Never seen a thread on PH like this before. Bravo to all the pioneers I say.

clap

Podie

46,630 posts

276 months

Thursday 19th August 2010
quotequote all
hornetrider said:
markCSC said:
DJC said:
Emotional purchase indeed.
I may have done something emotional.
That will be the 8th one so far on this thread. smile
Indeed. Never seen a thread on PH like this before. Bravo to all the pioneers I say.

clap
I'll have £20 on the fact that only two people who have posted this actually take delivery...

matrignano

4,412 posts

211 months

Thursday 19th August 2010
quotequote all
Has any of the fellow depositors heard from Morgan yet with a likely build date?

CambsBill

1,943 posts

179 months

Thursday 19th August 2010
quotequote all
matrignano said:
Has any of the fellow depositors heard from Morgan yet with a likely build date?
Only a generic acknowledgement of using the registration site so far, with the comment that updates will be sent quarterly.

DJC

Original Poster:

23,563 posts

237 months

Friday 20th August 2010
quotequote all
Podie said:
hornetrider said:
markCSC said:
DJC said:
Emotional purchase indeed.
I may have done something emotional.
That will be the 8th one so far on this thread. smile
Indeed. Never seen a thread on PH like this before. Bravo to all the pioneers I say.

clap
I'll have £20 on the fact that only two people who have posted this actually take delivery...
That is probably a good bet. No doubt some will go the speculator route. No doubt some will have a rethink due to personal circumstances. No doubt some will have a rethink as something else stunning appears or something previously thought unattainable comes up. In my own case its absolutely no secret about my interest in the Evora S and Loon has been tapping me up in private to get me in one for sometime now, or that Im a longtime Lancia nut and now the Stratos has appeared more of the less day as the EVA. No doubt others may rethink as things may change about the car and they dont like those changes.

All of the above are reasonable, yet you somehow appear to have been cynical and sceptical, but Im not sure what about or in what context?

As to the other poster about having never seen a thread like this on PH before, it was very similar with the Sagaris. Again, another emotional one!


P.S. Matt if you see this, dont breathe a *fking* word to your missus!

Edited by DJC on Friday 20th August 00:33

Podie

46,630 posts

276 months

Friday 20th August 2010
quotequote all
DJC said:
Podie said:
hornetrider said:
markCSC said:
DJC said:
Emotional purchase indeed.
I may have done something emotional.
That will be the 8th one so far on this thread. smile
Indeed. Never seen a thread on PH like this before. Bravo to all the pioneers I say.

clap
I'll have £20 on the fact that only two people who have posted this actually take delivery...
That is probably a good bet. No doubt some will go the speculator route. No doubt some will have a rethink due to personal circumstances. No doubt some will have a rethink as something else stunning appears or something previously thought unattainable comes up. In my own case its absolutely no secret about my interest in the Evora S and Loon has been tapping me up in private to get me in one for sometime now, or that Im a longtime Lancia nut and now the Stratos has appeared more of the less day as the EVA. No doubt others may rethink as things may change about the car and they dont like those changes.

All of the above are reasonable, yet you somehow appear to have been cynical and sceptical, but Im not sure what about or in what context?

As to the other poster about having never seen a thread like this on PH before, it was very similar with the Sagaris. Again, another emotional one!


P.S. Matt if you see this, dont breathe a *fking* word to your missus!

Edited by DJC on Friday 20th August 00:33
I spent too long in the industry, and I have a jaded view of things. Certainly wasn't meant to offend anyone, it was an observation based on experience.

ram17

56 posts

170 months

Sunday 22nd August 2010
quotequote all
I saw the car at Pebble Beach and those that are liking it from the photo's are in for a real treat when ya see it live and in colour. I'm certainly envious of those of you that will end up with one. It's a gorgeous car. driving SEE YA AT THE RACES!!!

Mr_B

10,480 posts

244 months

Sunday 22nd August 2010
quotequote all
Stunning car, really very nice and soo much different to the rest. I'd just want to change that grille, despite it being traditional Morgan, it's just tto close to the BUg for my taste. Simply make it flush with the bodywork and not recessed like the Bug and I think it would look even better. Nice one Morgan

joncon

1,446 posts

224 months

Sunday 22nd August 2010
quotequote all
good on Morgan , a great effort.
lets hope its not a limited edition .

a question for those puttung deposits down... are you using the dealer network or factory ?

a question for someone with inside information... how many orders placed so far ?


ukshooter

501 posts

213 months

Monday 23rd August 2010
quotequote all
I would always go via the dealer network as it is important to have another voice on your side if there are any hiccups.

DJC

Original Poster:

23,563 posts

237 months

Monday 23rd August 2010
quotequote all
joncon said:
good on Morgan , a great effort.
lets hope its not a limited edition .

a question for those puttung deposits down... are you using the dealer network or factory ?

a question for someone with inside information... how many orders placed so far ?
What on earth do you mean by limited edition? How many do you think they will be producing? What do you think the current Morgan business model is?

anonymous-user

55 months

Monday 23rd August 2010
quotequote all
DJC said:
Podie said:
hornetrider said:
markCSC said:
DJC said:
Emotional purchase indeed.
I may have done something emotional.
That will be the 8th one so far on this thread. smile
Indeed. Never seen a thread on PH like this before. Bravo to all the pioneers I say.

clap
I'll have £20 on the fact that only two people who have posted this actually take delivery...
That is probably a good bet. No doubt some will go the speculator route. No doubt some will have a rethink due to personal circumstances. No doubt some will have a rethink as something else stunning appears or something previously thought unattainable comes up. In my own case its absolutely no secret about my interest in the Evora S and Loon has been tapping me up in private to get me in one for sometime now, or that Im a longtime Lancia nut and now the Stratos has appeared more of the less day as the EVA. No doubt others may rethink as things may change about the car and they dont like those changes.

All of the above are reasonable, yet you somehow appear to have been cynical and sceptical, but Im not sure what about or in what context?

As to the other poster about having never seen a thread like this on PH before, it was very similar with the Sagaris. Again, another emotional one!


P.S. Matt if you see this, dont breathe a *fking* word to your missus!

Edited by DJC on Friday 20th August 00:33
I will keep quiet if you let me have a go in it! wink

joncon

1,446 posts

224 months

Monday 23rd August 2010
quotequote all

What on earth do you mean by limited edition?

well the aeromax was a 100 cars
the supersport is a limited run of 250 ? cars



How many do you think they will be producing?

as many as the aero !

do you see the demand there for this car ? not just in the uk , but more importantly america and europe.

plus there are two more models to come


mr_tony

6,328 posts

270 months

Monday 23rd August 2010
quotequote all
If you read between the lines the Eva has not been announced as a limited edition. The PR gumpf says the 'first 100 cars will be available in 2012' which doesn't mean there is any definite limit, just that there won't be more than 100 cars in the first year of production. If someone has seen different by all means correct me. Not to say that there may be a cap on production at some point, but I haven't seen it announced anywhere
so fart.

However, given the Morgan ethos and production cycle, it's unlikely that the Eva will see more than a couple of hundred units limited or not.

Even the Series 1 Aero produced for around 5 years was less than 400 units.

Sure the Aeromax is a 'limited' run of 100 cars - which has helped its residuals, but in Aero terms it's still more common than the Series II, and around about the same as the series IV according to my rudimentatry maths.

When MMC says the supersports is limited to 250 units (well it did say that, it may be 150 or 175 from what I've been told by various folks and perhaps a Supersports owner can tell us the true number) my suspicion is that the car will be produced at a high rate (just under 100 per year) for about 2 years (which given the Morgan committment to new models every 2 years Charles has made makes complete sense).

The only thing that an announcement of a limited status will make is potentially to the residuals. Limiting the Aeromax to 100 units, it being darn pretty and very well advertised as a result of it's limited status and good looks mean that these are in general trading at a small profit 2 years on.

Otherwise no other Aero derivative is doing this. Having said that their generally limited availability due to the small production runs rather than any artificial limitations means that they hold their value well. Series 1 Aeros at 10 years old still have on average around 64% of their initial value in a current sale price. For later derivatives it's considerably more, and now the line has ended for the Aero it's generally anticipated they will slowly appreciate from currenty levels. So from a car perspective, modern Morgans are a pretty safe place to park car money..

I'd expect the Eva / Supersports to follow similar gentle depreciation curves to the Aero, while the Aeromax should in theory gradually appreciate like a true collectors piece. Still who knows..

In terms of the more important side of things, regardless of an artificial limitation on numbers it's pretty unlikely you'll park next to another Eva in the office car park. May will go to Europe and the US too.

HAving said that it's unlikely that they will drive a lot of speculation as the (apparrent) fact that these will not be limited means you might as well hang on and spec your own car to exactly your preferred specification. Which is what I'm hoping to do...

Edited by mr_tony on Monday 23 August 15:30

DJC

Original Poster:

23,563 posts

237 months

Tuesday 24th August 2010
quotequote all
Indeed Tony. A limited run and standard production run in Morgan terms is usually only a difference of a 100 units or so.

All of which helps residuals of all the motors.

matrignano

4,412 posts

211 months

Friday 27th August 2010
quotequote all
Anyone heard from Morgan yet?

Not the greatest customer service so far, they still haven't responded to an email I sent 10 days ago asking about likely build slot...

RichB

51,783 posts

285 months

Friday 27th August 2010
quotequote all
Being old-school I expect they still use the good old fashioned telephone. smile

matrignano

4,412 posts

211 months

Monday 6th September 2010
quotequote all
Any news? wink

CambsBill

1,943 posts

179 months

Saturday 11th September 2010
quotequote all
matrignano said:
Any news? wink
Yep, I have a customer number and a 'end of 2012' production date bounce

matrignano

4,412 posts

211 months

Sunday 12th September 2010
quotequote all
CambsBill said:
matrignano said:
Any news? wink
Yep, I have a customer number and a 'end of 2012' production date bounce
what's your number?ears