Reply To: Are we watching a sinking ship go down?

#170575
ChrisK
Participant

    I think one of the reasons cars are being taken off Motability is the inflationary impact of raw materials and fuel cost to the manufactures. Inflation in Germany is running at 6% at the moment.

    I’ve been following the AP and manufactures price rises for the German made VW Tiguan since the start of the year and VW have increased there prices at least 3 times, maybe 4 times as I lost count.

    In August there was a price rise and the Tiguan removed from Motability for it to return in the new quarter a month or so later with an increased AP. There was another increase yesterday and as we know the Tiguan has gone again along with the EV’s this time around. My guess is they will be back on in Q1 22 with a AP to take into account the inflated prices.

    I’ve got a Tiguan on order when I managed to place an order in-between the comings and goings and that particular trim and model has increase £850 since I ordered 5 weeks ago.

    We can’t blame Motability for all that and just think there struggling to keep up with the manufactures but think the chip problem might go another 12 months yet, personal feelings, but the Yanks are building a new 12 Billion Dollar chip factory to bring the chip manufacturing back west but they’ve been building for a year and another two years before its up and running.

    One thing from my point of view that makes me wonder if we’re being taken for a ride by Motability prices is the hoist I have on order that has had a price increase of over 100% since I last ordered one 3 years ago and that hasn’t got any chips in it and is way above any inflationary trends for raw material.