How the bottom could fall out of the used car market.
  Home FAQ Contact Sign in
uk.transport only
 
Advanced search
POPULAR GROUPS

more...

uk.transport Profile…
 Up
How the bottom could fall out of the used car market.         


Author: Doug
Date: Jun 28, 2008 22:47

Hopefully this could mean fewer cars on our roads.

"The plan to impose higher road tax on many family cars regardless of
their age has already helped to wipe thousands of pounds off the value
of popular makes.

Used-car dealers warned that barring a rethink, the bottom would fall
out of the market, predicting that perfectly-good models, aged just
five or six years old, would become almost worthless.

Billions of pounds have already been wiped off the value of secondhand
cars as motorists struggle to cope with soaring fuel prices.

Under the changes, an ordinary family car worth around £3,000 would
cost £400 a year to run, making it almost impossible to sell on, but
too expensive to drive.

Figures suggest values are tumbling in anticipation of the changes. In
the first five months of this year, according to Auto Trader magazine,
the average price of a Ford Focus dropped by 6.9 per cent and a Ford
Mondeo by 7.5 per cent.

Analysts said the average price of a used car could drop by a quarter
over the course of 2008.
Show full article (1.44Kb)
38 Comments
Re: How the bottom could fall out of the used car market.         


Author: Brimstone
Date: Jun 28, 2008 23:52

Doug wrote:
> Hopefully this could mean fewer cars on our roads.
>
Yet another car thread from the resident liar.
no comments
Re: How the bottom could fall out of the used car market.         


Author: BrianW
Date: Jun 29, 2008 00:21

On 29 Jun, 06:47, Doug riseup.net> wrote:
> Hopefully this could mean fewer car-

related threads started by Gollum, uk.transport's resident liar and
fuckwitt.
no comments
Re: How the bottom could fall out of the used car market.         


Author: Tony Dragon
Date: Jun 29, 2008 00:53

The bottom fell out of one of my cars in the 60's, should not have
bought a Vauxhall.

--
Tony the Dragon
no comments
Re: How the bottom could fall out of the used car market.         


Author: nik.morgan
Date: Jun 29, 2008 01:03

On Sun, 29 Jun 2008 08:53:11 +0100, Tony Dragon wrote
(in article bt.com>):
> The bottom fell out of one of my cars in the 60's, should not have
> bought a Vauxhall.
>
>

My fathers first car, Vauxhall Wyvern 1955 model, reduced to dust very
rapidly but showing remarkable brand loyalty he then bought an FA Victor
which was probably the most rapidly rusting car known to man (possible
exception the Lancia Beta of the late seventies).

NM

** Posted from http://www.teranews.com **
no comments
Re: How the bottom could fall out of the used car market.         


Author: Tony Dragon
Date: Jun 29, 2008 01:08

nik.morgan wrote:
> On Sun, 29 Jun 2008 08:53:11 +0100, Tony Dragon wrote
> (in article bt.com>):
>
>> The bottom fell out of one of my cars in the 60's, should not have
>> bought a Vauxhall.
>>
>>
>
> My fathers first car, Vauxhall Wyvern 1955 model, reduced to dust very
> rapidly but showing remarkable brand loyalty he then bought an FA Victor
> which was probably the most rapidly rusting car known to man (possible
> exception the Lancia Beta of the late seventies).
>
> NM
>
> ** Posted from http://www.teranews.com **

I bought the FB, not as bad as the FA, but close.
Mind you they are much better now.
Show full article (0.67Kb)
no comments
Re: How the bottom could fall out of the used car market.         


Author: nik.morgan
Date: Jun 29, 2008 01:15

On Sun, 29 Jun 2008 09:08:30 +0100, Tony Dragon wrote
(in article bt.com>):
Show full article (0.96Kb)
no comments
Re: How the bottom could fall out of the used car market.         


Author: ®i©ardo
Date: Jun 29, 2008 02:24

Tony Dragon wrote:
> The bottom fell out of one of my cars in the 60's, should not have
> bought a Vauxhall.
>
LOL!

--
Moving things in still pictures!
no comments
Re: How the bottom could fall out of the used car market.         


Author: thagor2008
Date: Jun 29, 2008 02:49

On 29 Jun, 06:47, Doug riseup.net> wrote:
> Hopefully this could mean fewer cars on our roads.
>
> "The plan to impose higher road tax on many family cars regardless of
> their age has already helped to wipe thousands of pounds off the value
> of popular makes.

So what you spend on new taxes you save on the initial purchase. If a
gas guzzler loses say 3 grand in value that'll pay for the tax for
over 5 years.

All that will happen is the arthur daleys get less of a markup when
they sell the vehicle , for the buyer it'll make bugger all difference
and for some people it could mean picking up a nice bargain if they
don't plan on driving it much and so arn't worried about fuel bills.
>
> Used-car dealers warned that barring a rethink, the bottom would fall
> out of the market, predicting that perfectly-good models, aged just
> five or six years old, would become almost worthless.
Show full article (1.06Kb)
no comments
Re: How the bottom could fall out of the used car market.         


Author: Conor
Date: Jun 29, 2008 03:13

In article <4d174892-3058-42db-9e2b-bef32cd49eeb@
56g2000hsm.googlegroups.com>, Doug says...
> Hopefully this could mean fewer cars on our roads.
>
> "The plan to impose higher road tax on many family cars regardless of
> their age has already helped to wipe thousands of pounds off the value
> of popular makes.
>
Err Doug, it was announced this week that they're not going ahead with
it.....

--
Conor

I only please one person per day. Today is not your day. Tomorrow isn't
looking good either. - Scott Adams
no comments
1 2 3 4