Is the bubble about to burst?

[rkwm1]

https://www.standard.co.uk/business/car-industry-i...

looks like its happening

[Legacywr]

Aren’t they in new car sales?

[Digga]

Legacywr said:

Aren’t they in new car sales?

This. With the bubble created by PPI payments behind us, and the uncertainty surrounding vehicles with ICEs full stop, it's absolutely no wonder buyers are staying away from showrooms in droves this year.

So the problems for Pendragon are not totally irrelevant, but neither are they directly relevant.

[Richair]

Today might be a good day to resurrect this one...

The auction might be a bit busy this summer! Early days yet though and time will tell, but the predicted interest rise is likely to have an impact.

[LaurasOtherHalf]

You think? I can’t see interest rates going to 5% in Europe, the southern countries would go under.

There’s still tax free money to be made on the right cars imho

[g7jhp]

LaurasOtherHalf said:

You think? I can’t see interest rates going to 5% in Europe, the southern countries would go under.

[b]There’s still tax free money to be made on the right cars imho[/]

LOH state the obvious. Do you wish to advise on what the right cars are!