Will Coronavirus hit used car prices?
Discussion
Throttlebody said:
Respect. NHS staff on the CV19 frontline going that extra mile and taking increased risk should be rewarded with a targeted pay bonus.
Thank you. 
We would all welcome a bonus like that.To the previous poster, saying about the differences between NHS & private pay. 100% agree.
HTP99 said:
I'm loving driving to work in the mornings, since I've been back my 12 mile commute has been taking 20-25 minutes, prior to all this I'd go a different route to avoid the A3 as best I could and it would take 45 minutes to an hour.
You could cycle that in 45 mins if you got a wiggle on.Tim O said:
HTP99 said:
I'm loving driving to work in the mornings, since I've been back my 12 mile commute has been taking 20-25 minutes, prior to all this I'd go a different route to avoid the A3 as best I could and it would take 45 minutes to an hour.
You could cycle that in 45 mins if you got a wiggle on.Justin Case said:
Leasing a new foreign built car is hardly going to help the economy is it? The best way of helping the economy is by spending money on services, where a higher proportion of the amount spent goes into the pay of those providing the service. Rishi Sunak has the right idea in providing incentives for people to eat out, perhaps some of this money will find its way back into the car market. I look forward to the day when once again there is an old Jag parked at the back of every pub
Hehe I’m sure that first comment was a wind up? I did not say anywhere that leasing an A7 is going to help the economy.If you have a job that is not affected by Covid (eg key workers) then just spending as normal will all help, continue spending in the shops, buying the used car, getting that tradesmen in to do the things that you need as it all helps save jobs, keeping them spending money, and paying taxes into the system, reducing claims for universal credit etc.
Fusion777 said:
The £49k A7 S Line can be had for £37,612 on Broadspeed- yet another example of inflated list prices. I'm not sure I'd want to spend that on a 4-cylinder engine, either.
Its been said already several times, but it was quoted as an example of benefits NHS staff can get - in this case cheaper leasing deals - rather than a heres a fantastic deal that all NHS staff should avail of.My understanding is there are discounts also available to NHS staff on other lease deals of other car types.
Deep Thought said:
Fusion777 said:
The £49k A7 S Line can be had for £37,612 on Broadspeed- yet another example of inflated list prices. I'm not sure I'd want to spend that on a 4-cylinder engine, either.
Its been said already several times, but it was quoted as an example of benefits NHS staff can get - in this case cheaper leasing deals - rather than a heres a fantastic deal that all NHS staff should avail of.My understanding is there are discounts also available to NHS staff on other lease deals of other car types.
Dwh8611 said:
Deep Thought said:
Fusion777 said:
The £49k A7 S Line can be had for £37,612 on Broadspeed- yet another example of inflated list prices. I'm not sure I'd want to spend that on a 4-cylinder engine, either.
Its been said already several times, but it was quoted as an example of benefits NHS staff can get - in this case cheaper leasing deals - rather than a heres a fantastic deal that all NHS staff should avail of.My understanding is there are discounts also available to NHS staff on other lease deals of other car types.
flibbage0 said:
It's ridiculous because why should those that have historically earned less (we all know that the equivalent private jobs pay way more) are now being told to spend, we're spending money already. Junior Doctor or
band 6 pharmacist or band 6 nurse (majority of nurses are band 5) will be on £28k. I'm not going to go through the whole take home pay after pension contributions etc but you get the picture.
We'll buy food, clothes, pay the normal bills and go to the odd restaurant, but we'll certainly not be taking out £50k cars to help boost the economy
There was always a trade off between pay and benefits for NHS staff and private sector.band 6 pharmacist or band 6 nurse (majority of nurses are band 5) will be on £28k. I'm not going to go through the whole take home pay after pension contributions etc but you get the picture.
We'll buy food, clothes, pay the normal bills and go to the odd restaurant, but we'll certainly not be taking out £50k cars to help boost the economy
My sister has been a nurse since leaving school, she is about to retire on full pension 12 years before me, she has benefitted from full sick pay for months at a time, i get SSP.
Being a senior nurse for most of her career she has been paid very good wages with zero risk of redundancy and if she wanted a change, abundant choices.
NHS workers on the front line do a difficult job, but they aren't doing it as a charity, it's a great career choice.
Court_S said:
thepeoplespal said:
My most scary observation of how economic activity has reduced is a 280 mile trip down the M40 and round the M25 at 5pm on a Thursday. It has never been faster with so few lorries and cars.
If cars aren't being used, they aren't going to need replaced. I've had trips at 2am with more traffic. The lack of economic activity after a large loosening of regulations needs some sort of kick start to get things going.
With regards to cars, people are working from home and meetings are being conducted by MS Teams etc do there’s a shed load less need to drive anywhere. Plus many are still on furlough, so it’s not really a surprise that the roads are quiet.If cars aren't being used, they aren't going to need replaced. I've had trips at 2am with more traffic. The lack of economic activity after a large loosening of regulations needs some sort of kick start to get things going.
On the other hand I went to C&M yesterday for breakfast and I was surprised at how busy the roads were on the way back.
Between mid-March and the end of June I used £60 of petrol versus £420-£560
My office is closed until January because the management aren't sure about winter, so I need very little fuel, servicing, tyres and I certainly do not need a new car at the moment.
I don't think even a £100 per month city car on lease would save "enough" to warrant the change.
Edited by the-photographer on Sunday 19th July 16:33
the-photographer said:
Hello, I last posted around page 200 (on the default view) good to see this thread still running along...
Between mid-March and the end of June I used £60 of petrol versus £420-£560
My office is closed until January because the management aren't sure about winter, so I need very little fuel, servicing, tyres and I certainly do not need a new car at the moment.
I don't think even a £100 per month city car on lease would save "enough" to warrant the change.
The winter will certainly be errrm, interesting.Between mid-March and the end of June I used £60 of petrol versus £420-£560
My office is closed until January because the management aren't sure about winter, so I need very little fuel, servicing, tyres and I certainly do not need a new car at the moment.
I don't think even a £100 per month city car on lease would save "enough" to warrant the change.
Edited by the-photographer on Sunday 19th July 16:33
Cars were expensive beforehand but people will now be even more aware of the cost per mile and many will regret their latest purchase.
jsf said:
There was always a trade off between pay and benefits for NHS staff and private sector.
My sister has been a nurse since leaving school, she is about to retire on full pension 12 years before me, she has benefitted from full sick pay for months at a time, i get SSP.
Being a senior nurse for most of her career she has been paid very good wages with zero risk of redundancy and if she wanted a change, abundant choices.
NHS workers on the front line do a difficult job, but they aren't doing it as a charity, it's a great career choice.
There's a difference there mate, she's about to retire, she's done nursing during the golden period, pension was amazing back then, nowhere near as good now. I agree with the zero risk of redundancy it is a safer job but the pay is woeful these daysMy sister has been a nurse since leaving school, she is about to retire on full pension 12 years before me, she has benefitted from full sick pay for months at a time, i get SSP.
Being a senior nurse for most of her career she has been paid very good wages with zero risk of redundancy and if she wanted a change, abundant choices.
NHS workers on the front line do a difficult job, but they aren't doing it as a charity, it's a great career choice.
Auto810graphy said:
On a positive note, one less nearly new Range Rover Sport sitting on an airfield and making its way to me.
In regards the market, played golf with a couple of finance brokers yesterday afternoon, like me this was the first break from work they have had due to the volume of business with no signs of letting up.
One is looking to expand their buying and prep with investment in a new on prep centre along with a couple of new single car transporters. I know the new jobs this create are going to be the loweR end of the pay scale but good news.
Did you go for the hybrid P400E ?In regards the market, played golf with a couple of finance brokers yesterday afternoon, like me this was the first break from work they have had due to the volume of business with no signs of letting up.
One is looking to expand their buying and prep with investment in a new on prep centre along with a couple of new single car transporters. I know the new jobs this create are going to be the loweR end of the pay scale but good news.
flibbage0 said:
There's a difference there mate, she's about to retire, she's done nursing during the golden period, pension was amazing back then, nowhere near as good now. I agree with the zero risk of redundancy it is a safer job but the pay is woeful these days
If you climb the ladder, pay and benefits are still gold plated compared to most in the private sector.If you think it's woeful, why do it? Get a job in the private sector. Plenty of heathcare jobs in private hospitals.
Throttlebody said:
Looks like all this used car prices are rising from the vested interest and car salesmen isn’t to be fully believed.
The huge eBay Motors Group said the average price of a used car dropped by 1.3% in June.
‘ However, for this sample, eBay Motors Group takes a snapshot of 50 cars and that does not include the entire market.’The huge eBay Motors Group said the average price of a used car dropped by 1.3% in June.
https://cardealermagazine.co.uk/publish/used-car-d...
The Rotrex Kid said:
Throttlebody said:
Looks like all this used car prices are rising from the vested interest and car salesmen isn’t to be fully believed.
The huge eBay Motors Group said the average price of a used car dropped by 1.3% in June.
‘ However, for this sample, eBay Motors Group takes a snapshot of 50 cars and that does not include the entire market.’The huge eBay Motors Group said the average price of a used car dropped by 1.3% in June.
https://cardealermagazine.co.uk/publish/used-car-d...
Maybe they should have just picked the cars only going up in in price and ignored all the others going down
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