Kia Cee'd 1.6 CRDi £21k RRP WTF

Kia Cee'd 1.6 CRDi £21k RRP WTF

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Colonial

13,553 posts

207 months

Saturday 21st April 2012
quotequote all
Lunablack said:
I take it that you think a brand new 1.6 diesel focus at over £20k brand new, offers value for money then??
smile

I have a slightly different view, and for the life of me, I can't understand why a basic car like that costs as much as it does.confused
It's because of increases in wages, and people having more purchasing power.

Also the cost of materials has increased.

HTH.

flatline84

1,060 posts

159 months

Saturday 21st April 2012
quotequote all
And the arrival of car finance

sjg

7,465 posts

267 months

Saturday 21st April 2012
quotequote all
Lunablack said:
I take it that you think a brand new 1.6 diesel focus at over £20k brand new, offers value for money then??
smile

I have a slightly different view, and for the life of me, I can't understand why a basic car like that costs as much as it does.confused
It offers value in the sense that the price is in line with alternatives.

As well as inflation, rising cost of materials, development and production employee wages, etc - every new generation of cars is inevitably safer, more economical and better equipped than those that preceded it. Not to mention growing in size to the point where you need to go down a size every few generations to stay the same. My Fabia is bigger in every dimension than a mk2 Golf, and very close to a mk3.

Just accounting for inflation, that £20k it costs to buy a Focus today (at list, at any rate) would have been £15300 a decade ago. The Focus had a facelift in 2002, and list prices for LX (aircon, alloys, CD player) apparently started at £14,595.

Of course, some cars get discounted more than others, and it's always the case that buying used is better value than buying new. It's not a big surprise though that everything (not just cars) gets more expensive over time.

chris watton

22,477 posts

262 months

Saturday 21st April 2012
quotequote all
Colonial said:
Lunablack said:
I take it that you think a brand new 1.6 diesel focus at over £20k brand new, offers value for money then??
smile

I have a slightly different view, and for the life of me, I can't understand why a basic car like that costs as much as it does.confused
It's because of increases in wages, and people having more purchasing power.

Also the cost of materials has increased.

HTH.
Wages haven't increased by any great margin over the past decade, as far as I can tell - generally speaking. Cost of living has, though.

Lunablack

3,494 posts

164 months

Saturday 21st April 2012
quotequote all
Colonial said:
It's because of increases in wages, and people having more purchasing power.

Also the cost of materials has increased.

HTH.
Really.... That's odd, because virtually everyone I know, has substantially LESS purchasing power, and are having to watch the pennies, despite working their bks off...rolleyes

The cost of petrol, heating the house, food, rent, clothing etc you know just the basics, have gone up far more than any pay rise the ordinary man in the street has had..... Hence why I don't know one single person who has, bought a new car for donkys years..

Wills2

23,158 posts

177 months

Saturday 21st April 2012
quotequote all
Colonial said:
It's because of increases in wages, and people having more purchasing power.
Perhaps things are different in Oz, but back in the motherland wages have been stagnant for sometime.