Is It A Good Time To Buy?

moanymoany

Dithering_Dad wrote: »

But what if there is a glut in white goods and their price crashes once I buy. I'd feel a right fool. Better to make do with the local stream, a large flat stone and some lye soap than buy a depreciating asset like a washing machine.

My plan is to stick with the stone/stream combination for two years and then I'll check out the market again to see if it has bottomed out. Anyone who does anything different to this is an idiot.

If you go over to Old Style they will tell you how to make lye soap (from ash) and how to choose a good stone.

Go on, you know you want to!

lostinrates

although I see the comic potential here...why does noone rent/hire white goods and tvs anymore. I'm sure people did when I was little. I think my parents might have done when they were setting up home. If you are a plasma screen and shiny buttons person then renting would be a good way to keep ontop of all the latest and I'm sure riveting little increments in pixel size or whatever there are? Is there still the facility to rent things like tvs?

justpurchased

But Apparently they are smaller and likely to fall apart and tend to be grouped together EG near washing machine.
Best taking your clothes to the local river or hiring one.
Never buy white gooods as they will have gone down in price in 6 months when you come to sell it (as you will sell it then regardless if you need it or not)

justpurchased

lostinrates wrote: »

although I see the comic potential here...why does noone rent/hire white goods and tvs anymore. I'm sure people did when I was little. I think my parents might have done when they were setting up home. If you are a plasma screen and shiny buttons person then renting would be a good way to keep ontop of all the latest and I'm sure riveting little increments in pixel size or whatever there are? Is there still the facility to rent things like tvs?

Because people realised it is cheaper to buy, and I am not winding you up.
Average TV will now last 10Y+

lostinrates

justpurchased wrote: »

Because people realised it is cheaper to buy, and I am not winding you up.
Average TV will now last 10Y+

I believe you. But for gadget people, wouldn't this still be a good option?

A tv might last 10 years or more (more surely?) but the technology is out of date next week..... (and some people, allegedly, really do care).

Chris2685

That is true in some senses... However it seems to me a washing machine or dryer is unlikely to last much more than 5 years these days, whereas my parents and my girlfriends parents both have had their dryers for about 20 years with only a few repairs needed!

justpurchased

lostinrates wrote: »

I believe you. But for gadget people, wouldn't this still be a good option?

A tv might last 10 years or more (more surely?) but the technology is out of date next week..... (and some people, allegedly, really do care).

Technology does not rumble on that quick. There is nothing to replace HDTV at the moment (beleive it or not LCD moniotors started to become popular around 2000. Look how long it took for the technology to decrease in price for it to be a viable TV option)or in the next few years so you would not buy a new TV Just because it was the new model out surley?
It's getting older. It only feels like last week.:)

moanymoany

lostinrates wrote: »

although I see the comic potential here...why does noone rent/hire white goods and tvs anymore. I'm sure people did when I was little. I think my parents might have done when they were setting up home. If you are a plasma screen and shiny buttons person then renting would be a good way to keep ontop of all the latest and I'm sure riveting little increments in pixel size or whatever there are? Is there still the facility to rent things like tvs?

This spooky thing is starting to scare me - my cousin was only saying the other day that she hired her vacuum cleaner from Wigfalls in Mansfield when she was first married and they bought their first house. It meant she could get the latest model every year.

My mum also got a fridge from them, on hire. If you paid 3d a week extra you got insurance in case you were ill and couldn't pay. My mum was injured at work and so the hire charge was paid. Brilliant.

justpurchased

Chris2685 wrote: »

That is true in some senses... However it seems to me a washing machine or dryer is unlikely to last much more than 5 years these days, whereas my parents and my girlfriends parents both have had their dryers for about 20 years with only a few repairs needed!

Depends what you buy Miele are ment to be a lifetime washer.
But if you buy one for £200 what is the point of reparing it for £190 that is the way technology goes. If they cost at least £1K a lot more people would get them fixed.

lostinrates

justpurchased wrote: »

you would not buy a new TV Just because it was the new model out surley?
It's getting older. It only feels like last week.:)

me? no. I remember a tv my parents had that had, WHOOHOOO, remote control. (I think it MIGHT have replace a hire tv) and it was fab, you ould sit on the sofa and press the button and the tv change channel...and there was a wire from the tv to the remote control . I must have been tiny, anyway, the point is I loved that tv and would be more than happy with it now. (I wonder what happened to it.)