We buy any car

MouldyOldDough

Just how hard is it to get a new car?
Obviously it depends on the brand? 

RichardD1970

MouldyOldDough said:

Just how hard is it to get a new car?
Obviously it depends on the brand? 

Even within brands there can be significant differences. Top of the range and higher spec are likely to be prioritised simple because they make more profit per vehicle. 

MouldyOldDough

What about a new Suzuki ?

I see that my local dealers is open as normal with "normal" prices (albeit considerably more than 9 years ago) - but can they get hold of cars ?

If so - how do WBAC make much profit ?

facade

MouldyOldDough said:

What about a new Suzuki ?

I see that my local dealers is open as normal with "normal" prices (albeit considerably more than 9 years ago) - but can they get hold of cars ?

If so - how do WBAC make much profit ?

WBAC sell the decent stuff through Cinch. Loads of people will pay a premium to buy a car online- well, enough to buy the crates of bubbly at the shareholders meeting anyway

The old cars, high mileage and fixer uppers get punted through the auctions, if you are a trader and need stock, you have to pay the auction prices, which is one reason why second hand prices are so high at traders.

RichardD1970

MouldyOldDough said:

What about a new Suzuki ?

I see that my local dealers is open as normal with "normal" prices (albeit considerably more than 9 years ago) - but can they get hold of cars ?

If so - how do WBAC make much profit ?

We ordered a new Ignis start of Jan, was originally told hopefully around March/April. We switched from the SZ-T CVT to the SZ5 CVT and was told that that would possibly be quicker. 

We'll see how long it actually takes, luckily not in any rush.

[Deleted User]

2014 Ford Focus with the same spec as mine are currently selling for the same price as I paid for mine in 2019 on AutoTrader. It's absurd.

tommyedinburgh

Deleted_User said:

2014 Ford Focus with the same spec as mine are currently selling for the same price as I paid for mine in 2019 on AutoTrader. It's absurd.

Totally crazy. I have a 2010 and my wife has a 2009. Decided to keep them both 2-3 years and will save up some cash during that period. 

Herzlos

ex-pat_scot said:

tommyedinburgh said:

When do we think the used car market bubble will burst and prices come down? 

Another year, at least.
Not until the semiconductor supply chain settles down.
Car manufacturers are a long way down the supplier priority list - there are far too many eletronics companies desperate for servers and computing, and buying chips in a much higher volume than the car manufacturers can.

Once the supply of new cars settles back into a rhythm, then gradually the 2nd hand prices will adjust to suit.
I figure it's probably 18 months if there are no further fundamental shocks to the system.

It'll take a long time to come back to normal after the chip situation is sorted. No new cars now means no 1 year old cars next year, 2 year old cars in 2024 and so on.

So I think in another 12-18 months car prices will start to normalize as the new stock becomes available, and then will take another 3 years ish to get back to normal.

caprikid1

I think also there was a lot of money washing around due to bounce back loans, a lot of people also did well out of Covid and the furlough scheme. A lot of the government stimulus didn't always reach the intended recipients so to speak. 

Jenni_D

MouldyOldDough said:

What about a new Suzuki ?

I see that my local dealers is open as normal with "normal" prices (albeit considerably more than 9 years ago) - but can they get hold of cars ?

If so - how do WBAC make much profit ?

Not a Suzuki, but ... I ordered my new Volvo V60 PHEV mid-October last year; the expected date at the dealer was 15-Mar ... the last info I had was this was now 10-Apr, so 6 months lead time. (Not had any further update yet).