February 4, 2012
Car Buying Guide
There appear to be increasing numbers of people deciding that car ownership has just simply become too expensive. What with the rise in VAT, ever increasing fuel charges, retail price hikes and even rises in the cost of insurance and vehicle excise duty has meant that many people have just decided enough is enough. The new car sales figures for … [Read more...]
As usual the auctions are jam packed with buyers pushing prices into no man’s land, even though popular opinion says that this is not due to any pent up retail demand. It is far more likely that trade buyers are looking to restock for the new year and retail customers are looking at the extra choice to see if they can “bag a bargain” at … [Read more...]
In most areas the snow is trying to melt and, low and behold, back come those lost car buyers. Panic over lads! That’s the cry coming from many a showroom this week and, right on cue, prices resurge at the auctions. Our guys on the road are reporting brisk trade generally for the time of year and buyers looking to take advantage pre-vat … [Read more...]
Although the auctions are doing brisk business at present, there is a feeling that this is mainly down to short supply. There is expected to be a flood of cars later in the month as contract hire and lease cars are de-fleeted, meaning more choice and therefore a cooling of prices on the trade market. Since the end of scrappage the value of small … [Read more...]
The Rover brand which is likely to be resurrected again by late September still has some unfinished business with some of the previous models. A pal at auction recently watched an 05 registered Rover 75 MG ZT 2.0 diesel saloon, which according to the guides should be worth somewhere around the £4,000 mark, achieve a staggering £7,000! … [Read more...]
When there is a recession in town, buyers look for bargains and cost savings across the board and especially so when buying cars. Unfortunately in their quest to find a cheap car people often overlook quality issues and the car can turn out to be not quite the cost saving it promised to be. For example with more private buyers visiting car … [Read more...]
The election is over, the coalition is getting up close and personal and although there is a certain amount of trepidation about cutting billions in spending, the conveyor belt which is the motor trade just keeps marching inexorably onwards and hopefully upwards. It’s funny but as the election fever dies down our insiders are saying that … [Read more...]
On making my first visit to the 'ring' for a few weeks I was determined to keep an open mind as to how cars were selling, what was hot and what was absolutely ice cold. I discovered that, probably like most forms of buying and selling, cars which looked the part and had the “pedigree” to back them up sold and had many and various bidders vying … [Read more...]
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