Cost Of Living Affecting New Car Sales

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  • #191521
    rox
    Participant

      Yet other industry insiders say the ongoing short supply of new models – and customers being quoted extensive waiting periods of up to two years for orders of some cars – is what is triggering drivers to put their purchases on hold.

      So I doubt it at all..I looked at buying a used car off the scheme, but it wasn’t that much more to get one brand new, so that’s what i did. I see price’s of new cars rising more as it costs them more to produce them and their making less than before but making more profits. The chip shortage clearly is about alack of resources to do everything and that will become more and more apparent with ev’s imo.

      I got a great deal on my car also as it was 0% apr and I just knew interest rates would rise.

      What you will be able to get is the most uneconomical versions on the scheme that no one wants and for others like evs longer waits, as people habits are forced to change and this is what this is all about..

      Forcing the green agenda, many just really don’t want to do it and cannot afford to do.. you will own nothing and be happy. This has been happening for years just they been hiding it and need crisis after crisis to blame for what is coming on a global scale.

      #191523
      steve

        As well as the less desirable versions (base models, small sized engines etc.) a lot of the vehicles offered on the scheme lack the new safety features that would make motoring less stressful and of course safer:

        Parking sensors
        Parking cameras
        SOS alerting
        Emergency braking
        Collision avoidance systems
        Additional air bags
        Adaptable headlights
        Parking assist
        Lane departure warning
        Fatigue detection

        and more

         

        #191551
        fwippers
        Participant

          We’ve just received our latest monthly energy bill. £90, more or less. This time last year, around £65. The crunch for many will be October when the central heating goes on and the next price rise comes in.  Last winter typically we paid £160 a month. This winter the forecast is £400. That’s going to put a huge strain on budgets and in the words of the Bachman Turner Overdrive,  you ain’t seen nothing yet. This is when people will make decisions about holidays, car’s and other big purchases, possibly also whether or not to heat their house, ho to the haidressers as frequently etc…Manufacturers of all products and the services sectors will need to react. One likely outcome is a slowdown in economies which export, China and other far Eastern countries. It’s a little like going back 30 years, perhaps no bad thing.

          #191553
          kbfern

            I am hearing around 45p a kwh for Electricity and up to 17p per Kwh for gas against the current SVR rate of 28p elec and 7p gas. Boy is that going to hurt if that happens. We can afford to pay but am very much going to try and save some on the heating costs.

            We normally have our gas CH on 6am -10pm once Nov comes and through till Mar with room stat at 21/22 C. Currently paying Octopus £245 per month and will probably have to up our DD to £350/400 a month.

            I am 70 and wife 66 but we have just bought a couple of heated throws so will put an extra layer of clothes on and sit with a heated throw over us during daytime and turn the stat down to around 17C and see how that feels.

             

             

            #191571
            Jojoe
            Participant

              It’s not just energy and supermarket prices that are increasing. We usually have a takeaway a couple of times a month. The price of our Chinese takeaway has been around £19 for a few years, in April it went up to £25. There was a sign in the takeaway explaining how the cost of meat has vastly increased and the gas for the burners had more than doubled. I think we’ll be knocking that on the head.

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