Morgan - Three-Wheeler (2012)

Discover the allure of the classic Morgan Three-Wheeler and get a clear sense of the price you can expect for a 2012 model. Whether you’re eyeing a brand‑new build or considering a used edition, understanding the Morgan Three-Wheeler price dynamics helps you make an informed choice.

• Model year: 2012
• Engine: 1.6‑litre twin‑spark BMW inline‑4, 129 hp
• Transmission: 6‑speed manual or optional 4‑speed automatic
• Fuel type: Petrol, pre‑asphalted
• Drive: 3‑wheel tube chassis, front‑wheel drive
• Dimensions: Length — 3,417 mm; Width — 1,849 mm; Height — 1,487 mm
• Weight: 940 kg (curb)
• Top speed: 128 km/h (80 mph)
• Acceleration (0‑100 km/h): 8.5 s
• Capacity: 2‑seat, the classic back‑seat optional

Depreciation insight

A Morgan Three‑Wheeler’s Morgan Three-Wheeler depreciation follows the pattern typical for high‑end, enthusiast vehicles. Initially, these models can lose about 15‑20 % of their value after the first year of use, primarily due to new‑model releases and the excitement fading. Over the next three to five years, the depreciation curve tends to level out, with an average annual hit of around 6‑10 % as the vehicle moves into the used market.

For a 2012 Morgan Three‑Wheeler, the price history looks like this:

1. Initial sale (new, 2012 launch): Starts at the high end of the market due to limited production.
2. First year (used, 1 yr old): The vehicle may drop 15‑20 % compared with its launch price.
3. Second to fourth year (used, 2‑4 yrs old): Depreciation slows, roughly 6‑8 % per annum.
4. After five years (used, 5 yrs+): Remaining value stabilizes; market values are largely influenced by condition, mileage, and provenance.

Because condition is critical for these historic machines, a well‑maintained, low‑mileage 2012 model might still be priced substantially higher than newer, higher‑mileage equivalents. Always check the used Morgan Three‑Wheeler price against the vehicle’s service record.

What is a 2012 Morgan Three‑Wheeler worth?

When asking what is a 2012 Morgan Three‑Wheeler worth, experts usually suggest a range that reflects condition, mileage, and provenance. Averaging the collectibility factor and depreciation curve, a sensible price estimate for a 6‑to‑7 year‑old model sits between $45,000 and $60,000, with premium editions or low‑mileage examples reaching the upper end of that range. This is, of course, a guideline; actual market values vary by country and by dealership.

Comparison context

The Morgan Three‑Wheeler competes with other niche sports cars such as the Caterham Seven and the Rover 75. Compared to the Caterham Seven’s 1.8‑litre engine and 112 hp output, the Morgan offers a richer torque figure and a more familiar four‑seat layout (if you opt for the back seat). In contrast to the Rover 75, which is a four‑wheel sedan, the Three‑Wheeler brings a unique tactile driving experience that feels closer to a vintage motorcycle yet with fab car-esque comfort. While the Morgan’s price point exceeds that of the Caterham in comparable conditions, it remains below many luxury coupe options that offer modern safety features.

Market Position

Popular in the enthusiast and collector market segment, the Morgan Three‑Wheeler attracts buyers who appreciate classic European engineering combined with a modern performance handwork. Its limited production numbers mean each unit carries a certain prestige, leading to a strong resale market among car collectors and hobbyists. In certain European countries, this model also enjoys a reputation as a “heritage” vehicle, which adds to its desirability.

For travelers wanting to indulge in the heritage of the Morgan Three‑Wheeler, the 2012 price bracket provides a gateway entry point.

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