Morgan Plus 8

The Morgan Plus 8 has declined sharply over the past twelve months, with the median transaction price falling to £22,493, down 12.6% year-on-year. The market is signalling a sell environment, driven by broader depreciation pressure rather than isolated weakness.

Liquidity remains thin, with only seven transactions recorded in the past year across a tracked base of twelve sales. This limited trading activity constrains both buyer optionality and seller negotiating power, and suggests pricing discoveries are episodic rather than continuous.

Cars transacting in this segment average 27,000 miles, typical for modern classics that see measured but regular use. The Morgan Plus 8 sits in the stable modern classic tier, a classification that reflects its post-production status and mechanical reliability, though not yet the rarity premium of older roadsters.

The three-year projection carries a base case of £16,526, implying a further 26.5% decline from current levels. Over five years, the forecast tracks to £15,020, a cumulative loss of 33.2%, suggesting sustained pressure as the Plus 8 ages and supply gradually normalises in the secondary market.

Moderately desirable but facing structural headwinds, the Plus 8 lacks the production scarcity or design legacy to command sustained collector demand at current price points. Holding or acquiring at these levels carries material downside risk over the medium term.