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Debate House Prices


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Ford, Vauxhall, to raise prices

piggeh
piggeh Posts: 1,723 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
in Debate House Prices & the Economy
http://www.telegraph.co.uk/finance/newsbysector/transport/4435560/Ford-and-Vauxhall-to-raise-prices-in-UK-after-sterlings-weakness.html

Fantastic news for the Automotive industry! Given current decline I wonder how many will now go and pay £500-odd more for a car than before. :confused:
matched betting: £879.63
«13

Comments

  • itsnever2lateisit?
    itsnever2lateisit? Posts: 863 Forumite
    piggeh wrote: »
    http://www.telegraph.co.uk/finance/newsbysector/transport/4435560/Ford-and-Vauxhall-to-raise-prices-in-UK-after-sterlings-weakness.html

    Fantastic news for the Automotive industry! Given current decline I wonder how many will now go and pay £500-odd more for a car than before. :confused:
    With UK reliance on imported goods and our weakened ability to enjoy that much benefit from a weakened sterling on exports the message is that the price of imported goods will rise
    But we can enjoy buying product made in the UK. All this does is help Honda/Nissan/Toyota, and to a lesser extent Jaguar.

    PS And if GM are putting up the price of the Astra, which is built here, I hope the UK public see them for what they are, and shun the company for its greed
    [strike]Debt @ LBM 04/07 £14,804[/strike]01/08 [strike]£10,472[/strike]now debt free:j

    Target: Stay debt free
  • blakester
    blakester Posts: 139 Forumite
    Part of the Furniture Combo Breaker
    piggeh wrote: »
    http://www.telegraph.co.uk/finance/newsbysector/transport/4435560/Ford-and-Vauxhall-to-raise-prices-in-UK-after-sterlings-weakness.html

    Fantastic news for the Automotive industry! Given current decline I wonder how many will now go and pay £500-odd more for a car than before. :confused:

    Stroke of genius that move raising prices:cool: . If sales were down before, its hardly an incentive for anyone to pay more for a new car:rolleyes:
  • zedyy
    zedyy Posts: 149 Forumite
    who buys Fords? lol
  • phil_b_2
    phil_b_2 Posts: 995 Forumite
    People who werent buying new cars before certainly wont go out and buy them with an increase no, but likewise, people who did and still are buying new cars probably wont notice the difference much either.

    I don't think sales will take a bigger hit than they already have but the car makers will get more money.
  • Rochdale_Pioneers
    Rochdale_Pioneers Posts: 2,469 Forumite
    Part of the Furniture Combo Breaker
    Manufacturer puts up list price which absolutely noone at all pays anyway.

    Will this stop dealers offering increasingly desperate reductions in an attempt to shift cars? Nope....
  • Bf109
    Bf109 Posts: 634 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Nice to know the money mandy robbed from the poor and gave to the rich industrialists is benefitting the people...
    [FONT=Arial, Helvetica, sans-serif]Rise like Lions after slumber
    In unvanquishable number -
    Shake your chains to earth like dew
    Which in sleep had fallen on you -
    Ye are many - they are few.    [/FONT]
  • Bf109
    Bf109 Posts: 634 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    zedyy wrote: »
    who buys Fords? lol

    I'd buy one..... or about £1k on an '04' plate! :D
    [FONT=Arial, Helvetica, sans-serif]Rise like Lions after slumber
    In unvanquishable number -
    Shake your chains to earth like dew
    Which in sleep had fallen on you -
    Ye are many - they are few.    [/FONT]
  • pararct
    pararct Posts: 777 Forumite
    Consequence of Sterling tanking!!!. Anything imported will be jumping in price around 20% to reflect the devaluation......
  • themanbearpig
    themanbearpig Posts: 481 Forumite
    Part of the Furniture Combo Breaker
    The only people who buy brand new (non-performance) Fords and Vauxhalls are lease companies, and really stupid people. The former will always pay a much much less than list price, and the later would probably pay more anyway, because they're are stupid.
  • geoffky
    geoffky Posts: 6,835 Forumite
    You could not make this up could you..
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
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