Four by fortune favours the brave

Posted on September 22nd, 2009 by In51der in Blog, Car Dealers, Consumer, Environmental

4 by fortune favours the brave
As fuel prices rise steadily and the value of oil continues on an upward spiral as we climb out of recession, many commentators fear a collapse in the value of four wheel drive vehicles on the scale similar to those witnessed in 2008. This may be true, the world is still a very uncertain place and many people still don’t believe we are on the road to recovery. With VAT set to revert back to 17.5% and the scrappage scheme ending soon, there is certainly reason for caution but before we get too panicky we need to remember that many of the problems affecting car values were related to oversupply and this was no different in the luxury 4wd sector. So dealers and car makers had to react, not only to rising prices and the imminent recession but also overstocking.

The fact that the new car market has probably now corrected itself to a far more realistic level means that although the aforementioned warnings on fuel and duty will still have some affect we don’t believe dealers will be under anywhere near the same pressure to panic sell cars because there is simply not the same volume of stock about.

Most importantly in the trade there is an old saying which is especially relevant to the luxury and 4wd market, and that is if you can’t afford to run it, then you can’t afford to buy it! We think this will be more relevant than ever this time around and although in recent months these cars have been fetching a premium because of such scarce quantities, earlier in the year these cars were selling very cheaply indeed and therefore it is hardly like buyers have now paid massively over the odds.

It will just be a question of sitting tight and seeing it through, a lot o people may find the notion unpalatable but like it or not 4wd vehicles are here to stay.

As with any car it has just become more important to select the right one to suit your needs and your budget.

Get a CAP Used Car Valuation for just £3.50 - What The Professionals Use

The Motor Trade Insider Guide To Buying New Cars

  • Brave bloke without wife
    There are a lot of sales people currently struggling with the returning customer, by that I don’t mean they all [...]...
  • Timing is everything as used car prices start to fall
    Used car prices were at their highest in history in September 2009 and the craziness of the used car market [...]...
  • Small car equals small profits
    One obvious effect of an economic downturn is that it nearly always leads to people looking harder to find bargains. [...]...
  • Why a buoyant supercar market could be good for everyone
    “Europe will be out of the recession by early next year” one economic analyst said on Sky news last week, [...]...
  • Making predictions is harder than ever
    It has been generally acknowledged that few, if any, commentators whether inside or out of the motoring business have successfully [...]...
  • Supply shortage fueling used car prices
    There is a simple reason for the massive price correction on used cars at present, supply. With the new car [...]...
  • 7 Comments on “Four by fortune favours the brave”

    1. Ben Boffin

      Surely its about time for the few misguided souls that think these cars are cool to realise that they are generally only driven by orange botoxed housewives and under endowed men?

    2. sioux falls honda

      LOL Or grown up men that the kid inside still wants to play in the mud.

    3. Mark Robbins

      Stop worrying about what other people drive and get on with your lives!!!! cigarettes are bad for your health, junk food will never be totally healthy, Botox doesnt work! people choose to drive 4x4s, Porches, Rolls Royce, Jaguars, etc: etc: Thats life people! its never going to go away so let others live it the way they see fit ?

    4. Ben Boffin

      True Mark but at the same time people who drive 4x4s are generally cocks and should be reminded of this fact on a regular basis.

    5. Mark Robbins

      People who drive 4x4s are cocks? why, because you and a few other “Bang the drum” types say so? sorry Ben, how you can judge intellect by the vehicle someones drives is rubbish, and deep down you know it, but you go ahead with you’re petty mindedness and follow that crowd, far easier than going against the grain eh? Oh, and just forr the record, i dont now nor have i ever owned a 4×4…………………………………….Have a nice day in Ben world !

    6. Ben Boffin

      Oh for heavens sake Mark! you’re clearly unable to engage in light hearted banter. I own Land Rover.

    7. Mark Robbins

      Really? my money says you dont……………………………………………………………………………and if you do how on earth is what you have said “light hearted banter” ?

    Automotive Industry News

    About MTI

    Motor Trade Insider
    Our aims:
    Build a bridge between consumers and the trade.

    Create Interesting and informative content.

    Break down barriers and create better understanding.

    Expose bad practices and rip-offs.

    Promote outstanding products and services.

    Motor Trade Insider is written by people working actively in the motor trade for people on the inside and people on the outside.

    Motor Trade Insider New Car Buying, Used Car Buying, Used Car Prices, Used Car Values UK. Car buying guide. Whether you’re buying a new car or interested in used cars or car valuation or just general information and advice on the motor trade and UK Automotive Industry.

    Valid CSS!

    Valid XHTML 1.0 Transitional

    [Valid RSS]

    Bargain of the Week

    Bargain of the Week – Land Rover Discovery

    Bargain of the Week – Land Rover Discovery

    With all the boxes ticked it does make you wonder how the British government think they can keep raising the cost of car ownership to ...

    Bargain of the Week – Ferrari 355

    Its V8 engine became the first road-going Ferrari to have bypass valves built into the exhaust system letting pretty much all of its thunder explode ...

    Bargain of the Week – 2003 Range Rover 3.0 Td6 HSE

    With the recent facelifted Range Rover and Sport doing wonders for sales, forking out for a 10-plate can set you back over 50 big ones ...

    Scrappage

    Order takers stand aside – it’s time to get back to selling cars

    Order takers stand aside – it’s time to get back to selling cars

    A sales manager we spoke to who represents a franchise for a German manufacturer said that normally in the build up to a plate change ...

    Car Makers Premier League – July 2010

    with the headline figure for the month being a 13.2% decrease to 136,446 units. In July 2009 the market had showed its first increase for ...

    The scrappage scheme has ended, get over it

    The continuous changes which the car trade is undergoing means that until staff get the message that customers demand (and deserve) great service and will ...