New Car Prices after lockdown

50Twuncle

Herzlos said:

50Twuncle said:

Thanks - that is what I meant and plan to do......

I have a 3 year old Suzuki Baleno - and am considering a new Suzuki Vitara - do you think that any bargains will be offered ?

Almost certainly, if you can find a Vitara in stock somewhere and it's not in high demand.
Small, cheap 3 year old cars will sell pretty well.

Are they still pumping out new cars - or have they stopped until the pandemic is over ?

If so - where are they all ?

In storage ?

Herzlos

tonygold said:

50Twuncle said:

According to Honest John - used car prices have increased in the last few months

This implies that it could be a good move to sell a used car, now and purchase a new car in a few months time ?

and drive what in the meantime?

To go where? I'm not sure I've done more than a handful of journeys I couldn't have done on foot.

50Twuncle

Herzlos said:

tonygold said:

50Twuncle said:

According to Honest John - used car prices have increased in the last few months

This implies that it could be a good move to sell a used car, now and purchase a new car in a few months time ?

and drive what in the meantime?

To go where? I'm not sure I've done more than a handful of journeys I couldn't have done on foot.

Same here - I have driven precisely 10 miles in the last two months !

Ganga

Same here ,I am getting about 3 months to the gallon out of my 54 plate Astra:)

Mickey666

Prices might even go up if manufacturers and dealers decide they need to recoup some of their lockdown losses.  I've heard reports of this happening within the holiday sector - people with cancelled 2020 holidays having to pay more to re-book the same/similar holiday in 2021.

Basically, no one really knows what will happen so place your bets

RichardD1970

50Twuncle said:

Herzlos said:

50Twuncle said:

Thanks - that is what I meant and plan to do......

I have a 3 year old Suzuki Baleno - and am considering a new Suzuki Vitara - do you think that any bargains will be offered ?

Almost certainly, if you can find a Vitara in stock somewhere and it's not in high demand.
Small, cheap 3 year old cars will sell pretty well.

Are they still pumping out new cars - or have they stopped until the pandemic is over ?

If so - where are they all ?

In storage ?

No, most of the major manufacturers have closed their factories for production. They don't keep building to fill fields anymore.
JLR is having a partial restart next week due to orders starting to come in from China etc but only on a limited 1 shift pattern with about 25% of the workforce, planning to increase by the end of June.
The others will, I assume follow a similar pattern.

AdrianC

50Twuncle said:

Herzlos said:

tonygold said:

50Twuncle said:

According to Honest John - used car prices have increased in the last few months

This implies that it could be a good move to sell a used car, now and purchase a new car in a few months time ?

and drive what in the meantime?

To go where? I'm not sure I've done more than a handful of journeys I couldn't have done on foot.

Same here - I have driven precisely 10 miles in the last two months !

Many people are working.
Many people don't have shops within walking distance.

motorguy

50Twuncle said:

Herzlos said:

tonygold said:

50Twuncle said:

According to Honest John - used car prices have increased in the last few months

This implies that it could be a good move to sell a used car, now and purchase a new car in a few months time ?

and drive what in the meantime?

To go where? I'm not sure I've done more than a handful of journeys I couldn't have done on foot.

Same here - I have driven precisely 10 miles in the last two months !

Nearest shop to us is a 10 miles return trip. 

Generally doing two expeditions out a week.

photome

Herzlos said:

tonygold said:

50Twuncle said:

According to Honest John - used car prices have increased in the last few months

This implies that it could be a good move to sell a used car, now and purchase a new car in a few months time ?

and drive what in the meantime?

To go where? I'm not sure I've done more than a handful of journeys I couldn't have done on foot.

I havent stopped working. over 100 miles most days, roads have been very quiet until this week, with yesterday being by far the busiest

Herzlos

AdrianC said:

Many people are working.
Many people don't have shops within walking distance.

Yet the price of oil has dropped significantly due to lack of demand.

I'm sure I'd seen a claim that as much as 25% of the workforce was furloughed, and I haven't seen any figures on how many are working from home.