Rover staff cars
Discussion
I dont think I misheard, but on R4 news tonight, there was something along these lines........
"Another problem for the workforce is that many have cheap cars purchased through the Company scheme. It is likely that many will be expected to repay in full any outstanding finance. requests are being made to the government for help"
FFS - now they want a free car.
OK. Call me a heartless git, but I have been made redundant three times now and have received no help from anyone. Unlike Rover, where the government paid the £6m wage bill with our money last week, on two occasions I was a months wages out of pocket.
One good thing to come of this.....We keep being told that we need migrant workers as there is a shortage of labour in this country. Guess we need 6,000 less now.
"Another problem for the workforce is that many have cheap cars purchased through the Company scheme. It is likely that many will be expected to repay in full any outstanding finance. requests are being made to the government for help"
FFS - now they want a free car.
OK. Call me a heartless git, but I have been made redundant three times now and have received no help from anyone. Unlike Rover, where the government paid the £6m wage bill with our money last week, on two occasions I was a months wages out of pocket.
One good thing to come of this.....We keep being told that we need migrant workers as there is a shortage of labour in this country. Guess we need 6,000 less now.
Duncan23 said:
Basically they are complaining because in most cases the negative equity on their company cars will be greater than their redundancy payout. How muuch is a 2 year old Rover worth now? If you still have 3 or 4 years finance left, you have an issue...
So why should the government (i.e. us) pay for it? Could these people not see the writing on the wall?
I agree, We had a bout of redundancies recently & the Guys & Gals who were unlucky & lost their jobs either compulsary or voluntarily got the government stat. minimum with No enhancement from the company.
So why should Rover employees get any different. Just because there are lots of them doesn't mean their better off than others. The government didn't help Jaguar, Ford, Lotus or any other of the car manufacturers when they had to make redundancies.
so why step in now. It's out money & we want it back
So why should Rover employees get any different. Just because there are lots of them doesn't mean their better off than others. The government didn't help Jaguar, Ford, Lotus or any other of the car manufacturers when they had to make redundancies.
so why step in now. It's out money & we want it back
monkey boy 1 said:
I agree, We had a bout of redundancies recently & the Guys & Gals who were unlucky & lost their jobs either compulsary or voluntarily got the government stat. minimum with No enhancement from the company.
So why should Rover employees get any different. Just because there are lots of them doesn't mean their better off than others. The government didn't help Jaguar, Ford, Lotus or any other of the car manufacturers when they had to make redundancies.
so why step in now. It's out money & we want it back
That's all very well matey, but if they can't get a job, and they can't sell their car, they end up in a spiral of debt.
Then the government (you) pays the dodgey credit company and their elevated interest rates, and the value of the car.
Well, I suppose you don't have to pay them at all, but then you end up with higher crime rates, drugs, greater levels of social disorder.
It's not my choice anyway, but I don't think that any government would completely neglect these people, and none of the policy makers are so stupid as to neglect them the expensive way.
Some of the reason why the government wouldn't invest in Rover it's self, is because it's cheaper to invest in the people directly.
Edited to make sense.
>> Edited by dilbert on Saturday 16th April 00:32
It's not my choice anyway, but I don't think that any government would completely neglect these people, and none of the policy makers are so stupid as to neglect them the expensive way.
Some of the reason why the government wouldn't invest in Rover it's self, is because it's cheaper to invest in the people directly.
Edited to make sense.
>> Edited by dilbert on Saturday 16th April 00:32
Duncan23 said:
How muuch is a 2 year old Rover worth now? If you still have 3 or 4 years finance left, you have an issue...
Its only an issue if you want to get out of the finance early, or if your vehicle is written off or stolen (even then you really should have had GAP insurance for this not to be a problem).
If you keep a car till the end of the finance term then neg eq is not a problem.
higher crime, drugs ... etc
thats ok cos its up north
Seriously though.... i feel sorry for these people, but when major indusytry closed around us there was no hand outs, pay the car of deals...... just had to get on and deal with it. Many families suffered hardships for 5 yrs + ... thats life/// sorry if being hard nosed.
Maybe when if i get laid off the government will pay for my two Tivs and my Mazda... ohhh and buy me house as well
thats ok cos its up north
Seriously though.... i feel sorry for these people, but when major indusytry closed around us there was no hand outs, pay the car of deals...... just had to get on and deal with it. Many families suffered hardships for 5 yrs + ... thats life/// sorry if being hard nosed.
Maybe when if i get laid off the government will pay for my two Tivs and my Mazda... ohhh and buy me house as well
Call me heartless, but when interviewed on channel 4 news a lot of the workers blamed the british people for not supporting them enough, stuff like:
"They were quick to throw money at the tsunami victims but dont care about us..."
Or words to that effect
I felt like screaming at the TV
YOU ARE NOT A CHARITY CASE, YOU ARE A BUSINESS AND IF YOU CANNOT COMPETE AGAINST THE COMPETITION, YOU WILL FAIL!
Im fed up of hearing how the government (through us) should hand out grants and the like, its up to the company to improve, cut costs, increase sales etc and if they cant do that then they should hang the management by their balls.
Ironic that that very management are running off with £million settlements!
"They were quick to throw money at the tsunami victims but dont care about us..."
Or words to that effect
I felt like screaming at the TV
YOU ARE NOT A CHARITY CASE, YOU ARE A BUSINESS AND IF YOU CANNOT COMPETE AGAINST THE COMPETITION, YOU WILL FAIL! Im fed up of hearing how the government (through us) should hand out grants and the like, its up to the company to improve, cut costs, increase sales etc and if they cant do that then they should hang the management by their balls.
Ironic that that very management are running off with £million settlements!
towman said:
Basically they are complaining because in most cases the negative equity on their company cars will be greater than their redundancy payout. How muuch is a 2 year old Rover worth now? If you still have 3 or 4 years finance left, you have an issue...
So why should the government (i.e. us) pay for it? Could these people not see the writing on the wall?
Anyone who bought a Rover on finance is probably in the same situation-will the government pay their HP payments as well?
monkey boy 1 said:
I agree, We had a bout of redundancies recently & the Guys & Gals who were unlucky & lost their jobs either compulsary or voluntarily got the government stat. minimum with No enhancement from the company.
So why should Rover employees get any different. Just because there are lots of them doesn't mean their better off than others. The government didn't help Jaguar, Ford, Lotus or any other of the car manufacturers when they had to make redundancies.
so why step in now. It's out money & we want it back
Exactly
I have a lot of sympathy for those made redundant, but sympathy is all they are entitled to.
I have never bought a car on the drip, even when it meant driving a tatty ten year old Escort diesel.
If you are employed by a company that has been teetering on the brink for years, then the last thing you do is borrow a shit load of money to finance a brand new car, especially one that depreciates faster than you can pay the loan.
Whichever fukwit compared their plight to the tsunami vistims deserves a thoroughly hard slap.
Cheers
Pat
I have never bought a car on the drip, even when it meant driving a tatty ten year old Escort diesel.
If you are employed by a company that has been teetering on the brink for years, then the last thing you do is borrow a shit load of money to finance a brand new car, especially one that depreciates faster than you can pay the loan.
Whichever fukwit compared their plight to the tsunami vistims deserves a thoroughly hard slap.
Cheers
Pat
Duncan23 said:
How muuch is a 2 year old Rover worth now?
That's essentially been part of the downfall of Rover, the simple fact of the matter is that their cars really just don't cut the mustard. It's a competitive market out there and you have to sink or swim based on your own merits. Unfortunately Rover sank, don't see why I should be expected to pay for it though. I don't see why my tax should go towards the manufacture of a product that no-one really wants.
SiH said:
How muuch is a 2 year old Rover worth now?
That's essentially been part of the downfall of Rover, the simple fact of the matter is that their cars really just don't cut the mustard.
I agree for virtually all their cars-except the 75 and its MG varient-that is a very decent car.
Remember it came top for ride quality in the recent Driver Power survey.
team underdog said:
Call me heartless, but when interviewed on channel 4 news a lot of the workers blamed the british people for not supporting them enough, stuff like:
"They were quick to throw money at the tsunami victims but dont care about us..."
Or words to that effect
Ah, the voice of the old British Leyland Union representive is alive and well. No government "loans" (and we all know that is going to be paid back
) was given to the shipyards, coal mines, steel or other heavy industries in this country. Few numbers for comparison (no government help in each case) from 2001.
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