How far will house prices fall [volume 4]

[turbobloke]

Burwood said:

SilverSixer said:

Ari said:

Burwood said:

I had a Landrover salesman ask me what I did for a living the other day. Totally rude question.

How very dare he ask you a perfectly normal and innocuous question - did he not understand his lowly position?

I would take that as a salesman trying to "qualify" the quality of the client/tyre kicker and what he could/couldn't afford. Don't think I'd be happy to be asked.

Correct. Killing two birds so will address the above too. It may be normal if I wanted a test drive. Sauntered in off the street et al. It shouldn't matter but I arrived for him to see, in a worthy chariot. I was looking. He was the cliche salesman. If I wanted a hoon then fine, qualify me. I just thought he gave me something to snigger at.

Side-splitting stuff, it's just as well that nobody uses savings or an inheritance or other unearned cash to buy a car.

[menousername]

turbobloke said:

ide-splitting stuff, it's just as well that nobody uses savings or an inheritance or other unearned cash to buy a car.

Dealers do not want cash buyers. It prevents them selling their base-model 2.0tdi for 40k instead of 25k, and hooking the buyer in for the next one in 2 years, as well as whatever commission or margin they make on their affiliated finance firm, as well as selling the chopped in used car for the kind of momey it should have sold for new.

[turbobloke]

menousername said:

turbobloke said:

ide-splitting stuff, it's just as well that nobody uses savings or an inheritance or other unearned cash to buy a car.

Dealers do not want cash buyers. It prevents them selling their base-model 2.0tdi for 40k instead of 25k, and hooking the buyer in for the next one in 2 years, as well as whatever commission or margin they make on their affiliated finance firm, as well as selling the chopped in used car for the kind of momey it should have sold for new.

I've not seen hundreds of sales training manuals but the ones I've seen lack a heading "How To Deliberately Lose A Sale".

They may prefer one type of sale, if you say so, but losing another isn't business.

[dom9]

Tonks - did you see that the new build, originally listed at £1.8M, on Littleheath Lane appears to finally be under offer? Wonder how much under £1.5M their offer was?

[Welshbeef]

Tonker - re my question any update?

[menousername]

turbobloke said:

I've not seen hundreds of sales training manuals but the ones I've seen lack a heading "How To Deliberately Lose A Sale".

They may prefer one type of sale, if you say so, but losing another isn't business.

Agreed

Wrong to alienate of course. Unfortunately some probably see everyone as dependent upon finance and in turn should consider themselves fortunate, if not honoured, to be shown around and offered said finance for the chance to purchase their product.

I have made a few enquiries into potential px price recently and on more than a few have not been able to arrive at the actual px value- al I got was various monthly repayment options despite not wanted or asking for finance.

The idea that I would like to know actual numbers so I could ascertain the px value of mine, the cost of theirs, or even the real cost of the finance they were offering, was lost on them.

Anyways we digress

[turbobloke]

menousername said:

turbobloke said:

I've not seen hundreds of sales training manuals but the ones I've seen lack a heading "How To Deliberately Lose A Sale".

They may prefer one type of sale, if you say so, but losing another isn't business.

Agreed

Wrong to alienate of course. Unfortunately some probably see everyone as dependent upon finance and in turn should consider themselves fortunate, if not honoured, to be shown around and offered said finance for the chance to purchase their product.

I have made a few enquiries into potential px price recently and on more than a few have not been able to arrive at the actual px value- al I got was various monthly repayment options despite not wanted or asking for finance.

The idea that I would like to know actual numbers so I could ascertain the px value of mine, the cost of theirs, or even the real cost of the finance they were offering, was lost on them.

Anyways we digress

[98elise]

turbobloke said:

menousername said:

turbobloke said:

ide-splitting stuff, it's just as well that nobody uses savings or an inheritance or other unearned cash to buy a car.

Dealers do not want cash buyers. It prevents them selling their base-model 2.0tdi for 40k instead of 25k, and hooking the buyer in for the next one in 2 years, as well as whatever commission or margin they make on their affiliated finance firm, as well as selling the chopped in used car for the kind of momey it should have sold for new.

I've not seen hundreds of sales training manuals but the ones I've seen lack a heading "How To Deliberately Lose A Sale".

They may prefer one type of sale, if you say so, but losing another isn't business.

Agreed. Unless you have a limited supply of cars, you will sell to anyone that will pay what your asking.

[turbobloke]

98elise said:

turbobloke said:

menousername said:

turbobloke said:

ide-splitting stuff, it's just as well that nobody uses savings or an inheritance or other unearned cash to buy a car.

Dealers do not want cash buyers. It prevents them selling their base-model 2.0tdi for 40k instead of 25k, and hooking the buyer in for the next one in 2 years, as well as whatever commission or margin they make on their affiliated finance firm, as well as selling the chopped in used car for the kind of momey it should have sold for new.

I've not seen hundreds of sales training manuals but the ones I've seen lack a heading "How To Deliberately Lose A Sale".

They may prefer one type of sale, if you say so, but losing another isn't business.

Agreed. Unless you have a limited supply of cars, you will sell to anyone that will pay what your asking.

Good point. We're off-topic still but I used the PH icon so it's OK

The rise of the car that you can't buy is a new Sales Manual entry!

Learn to keep a straight face while reciting "sorry sir there are only 99 being made, 5 are coming to the UK and you're not on the list so take your lottery win bank balance elsewhere"

Awesome!

[menousername]

98elise said:

Agreed. Unless you have a limited supply of cars, you will sell to anyone that will pay what your asking.

I think the issue is that they have an unlimited supply of cars thanks to the lease/pcp approach

And an unlimited supply of people looking to use said finance/pcp

They do not really need to work hard for the deal

[Welshbeef]

Welshbeef said:

Welshbeef said:

Tonker how do you have so much residential real estate knowledge of market moves - are you in the trade?

Where are you Tonker?

Tonker??

[hyphen]

Something I was pondering today.

With the advent of Electric Cars and their much reduced noise and pollution,in the future, will houses along busy dual carriage ways, such as the A3, become an acceptable purchase for more buyers?

[Equilibrium25]

hyphen said:

Something I was pondering today.

With the advent of Electric Cars and their much reduced noise and pollution,in the future, will houses along busy dual carriage ways, such as the A3, become an acceptable purchase for more buyers?

Tyre noise etc. far outweighs engine noise, so I would think not.

[dom9]

anonymous said:

[redacted]

Interesting... I assume the person I believe you are referring to put in an offer then?

I did see a Rolls outside the other day but that may not have been connected.

[Sheepshanks]

turbobloke said:

I've not seen hundreds of sales training manuals but the ones I've seen lack a heading "How To Deliberately Lose A Sale".

They may prefer one type of sale, if you say so, but losing another isn't business.

In big dealer groups it can cost the salesman money if you buy cash and don't take any of the add-ons (paint protection etc). If the salesman misses his finance penetration target for the month then the loss could be significant. He'll also get fired if it happens a few times.

[okgo]

Welshbeef said:

Tonker??

If people didn't think you were properly weird before (they did) they certainly will now.

Re STC spam, have noticed this too, and from many more agents than just the two you listed, its really quite irritating.

Edited by okgo on Tuesday 1st August 09:54

[Welshbeef]

okgo said:

Welshbeef said:

Tonker??

If people didn't think you were properly weird before (they did) they certainly will now.

Well that's ok then isn't it sweetheart.

[hyphen]

Welshbeef said:

Well that's ok then isn't it sweetheart.

You posted the last one, after Tonker had replied to you...

Have you stopped taking the meds? Do the Doctors know

[okgo]

hyphen said:

You posted the last one, after Tonker had replied to you...

Have you stopped taking the meds? Do the Doctors know

TONKER!!!???!?!1111

[SilverSixer]

hyphen said:

Something I was pondering today.

With the advent of Electric Cars and their much reduced noise and pollution,in the future, will houses along busy dual carriage ways, such as the A3, become an acceptable purchase for more buyers?

Funnily enough a similar thought occurred to me whilst I was crawling in traffic on the Caversham Road in Reading yesterday. Busy but slow moving urban main roads would be much nicer to live beside than they are now (no idling engines and exhaust fumes), if not the fast A road types like the A3, A40 in suburban London, which as has been said will still suffer tyre noise. Might make a wise investment for the mid/long term at this time, especially large period properties.