[Jojoe]

Story in Mailonline says cost of living crisis will hit new car sales for the next 18 months. I said a few weeks back on here,  that if this happens,  it could bring more cars back to the scheme.

 

https://www.thisismoney.co.uk/money/cars/article-11390235/New-car-sales-rise-successive-month-October.html?ico=mol_mobile_moneycars-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Fcars%2Findex.html&_ga=2.3593008.1054946887.1667641535-1649071619.1667240081

Enyaq EV

Topic

[Oscarmax]

Leasing or HP due to increasing interest rate is going to make leasing and purchasing considerably more expensive, in theory making the Motability scheme more attractive, well that the theory anyway.

Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

[Fastbike1000]

I hope all those dealers who have given dreadful service to motability customers  over the last few years have taken note.

Theirs a couple of dealers near me who will definitely NOT get my business.

[Paul]

@Fastbike1000   totally agree.For me my new car hunt consisted of vw,mazda,nissan over past 12months, never again.However it pushed me into the new kia sportage HEV,couldnt be happier .

[ldc7080]

yes agree fully.  things will come full circle.  right now there is more orders than demand.   i don’t think it will be as severe as last time in 2008/9 as the model in which people get cars now as changed( much more leasing than PCP or outright purchases).  but I do think the number of new orders will take a nose dive.  once that starts to hit home at the manufactures then yes the cars will go back onto the scheme and the APs will start to reduce again.  casing point for me in 2009 i got a 59 plate Volvo V70 se r-design for £1799 AP  still best car i ever had and still the cheapest AP i have ever made.  all due to the recession

[Author]

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