Will Coronavirus hit used car prices?
Discussion
loafer123 said:
Ron99 said:
As you may have heard, the huge government spending that was to be targeted at the North of England will now have to be scrapped because we've already spent/borrowed to much on supporting the economy during lockdowns with furlough, bounceback loans etc.
I hadn’t heard that...have you got a link?Best I can find that hints to it is BBC:
https://www.bbc.co.uk/news/uk-politics-54629720
Extracts:
'....The government has abandoned its long-term Comprehensive Spending Review........'
.....The Treasury said it was "the right thing" at the moment to "focus entirely" on protecting jobs and responding to the crisis......'
.....The Treasury had promised to use the spending review to help in "levelling up" opportunity across the country - a key Conservative manifesto promise.......'
Ron99 said:
Probably not.
It was probably simply a case of it killing the majority of 'highly susceptible' or 'vulnerable' people, while most of the rest of the population had regular flu.
However, studies have show that it is possible to have the same strain of almost any virus more than once, although it is usually less severe the second/third/fourth time because of some immune response due to past exposure. It is also possible for people to be carriers.
In my view, the only way this ends is either the majority of vulnerable people get killed or they get vaccinated.
I strongly support the idea of bringing promising vaccines into use much sooner than would normally be the case because, for a vulnerable person, the chances of death from even a mediocre vaccine are likely to be far less than the chances of death from actually catching the virus.
For the record, I also strongly disagree with lockdowns because of the economic and social consequences.
If the economy becomes too weak and too overindebted due to lockdowns/shutdowns it will compromise our future ability to afford good healthcare, welfare and infrastructure.
As you may have heard, the huge government spending that was to be targeted at the North of England will now have to be scrapped because we've already spent/borrowed to much on supporting the economy during lockdowns with furlough, bounceback loans etc.
Sensible post.It was probably simply a case of it killing the majority of 'highly susceptible' or 'vulnerable' people, while most of the rest of the population had regular flu.
However, studies have show that it is possible to have the same strain of almost any virus more than once, although it is usually less severe the second/third/fourth time because of some immune response due to past exposure. It is also possible for people to be carriers.
In my view, the only way this ends is either the majority of vulnerable people get killed or they get vaccinated.
I strongly support the idea of bringing promising vaccines into use much sooner than would normally be the case because, for a vulnerable person, the chances of death from even a mediocre vaccine are likely to be far less than the chances of death from actually catching the virus.
For the record, I also strongly disagree with lockdowns because of the economic and social consequences.
If the economy becomes too weak and too overindebted due to lockdowns/shutdowns it will compromise our future ability to afford good healthcare, welfare and infrastructure.
As you may have heard, the huge government spending that was to be targeted at the North of England will now have to be scrapped because we've already spent/borrowed to much on supporting the economy during lockdowns with furlough, bounceback loans etc.
Louis Balfour said:
Ron99 said:
Probably not.
It was probably simply a case of it killing the majority of 'highly susceptible' or 'vulnerable' people, while most of the rest of the population had regular flu.
However, studies have show that it is possible to have the same strain of almost any virus more than once, although it is usually less severe the second/third/fourth time because of some immune response due to past exposure. It is also possible for people to be carriers.
In my view, the only way this ends is either the majority of vulnerable people get killed or they get vaccinated.
I strongly support the idea of bringing promising vaccines into use much sooner than would normally be the case because, for a vulnerable person, the chances of death from even a mediocre vaccine are likely to be far less than the chances of death from actually catching the virus.
For the record, I also strongly disagree with lockdowns because of the economic and social consequences.
If the economy becomes too weak and too overindebted due to lockdowns/shutdowns it will compromise our future ability to afford good healthcare, welfare and infrastructure.
As you may have heard, the huge government spending that was to be targeted at the North of England will now have to be scrapped because we've already spent/borrowed to much on supporting the economy during lockdowns with furlough, bounceback loans etc.
Sensible post.It was probably simply a case of it killing the majority of 'highly susceptible' or 'vulnerable' people, while most of the rest of the population had regular flu.
However, studies have show that it is possible to have the same strain of almost any virus more than once, although it is usually less severe the second/third/fourth time because of some immune response due to past exposure. It is also possible for people to be carriers.
In my view, the only way this ends is either the majority of vulnerable people get killed or they get vaccinated.
I strongly support the idea of bringing promising vaccines into use much sooner than would normally be the case because, for a vulnerable person, the chances of death from even a mediocre vaccine are likely to be far less than the chances of death from actually catching the virus.
For the record, I also strongly disagree with lockdowns because of the economic and social consequences.
If the economy becomes too weak and too overindebted due to lockdowns/shutdowns it will compromise our future ability to afford good healthcare, welfare and infrastructure.
As you may have heard, the huge government spending that was to be targeted at the North of England will now have to be scrapped because we've already spent/borrowed to much on supporting the economy during lockdowns with furlough, bounceback loans etc.
the-photographer said:
jammy-git said:
Did it become less fatal? I thought basically it killed or infected most and it went away after the population achieved herd immunity?
If you think history will repeat itself, we are starting wave two
Why do I think we had wave 1 last winter?
Because long before C19 was supposed to be in this country a particularly nasty 'bad cold' (featuring high fever and severe prolonged cough but not testing positive for flu) went round local schools and put quite a few kids and their parents in hospital with breathing problems.
The virus hitting kids first (and why it is said kids aren't much affected - they had it before everyone else!) is because schools, with huge numbers of poor-hygiene kids, will usually be the first place an illness spreads. Some years ago, when our kids started school, instead of the usual 2-3 colds/sickness bugs each winter we were having 2-3 each month!
Edited by Ron99 on Sunday 25th October 08:32
the-photographer said:
Louis Balfour said:
Ron99 said:
Probably not.
It was probably simply a case of it killing the majority of 'highly susceptible' or 'vulnerable' people, while most of the rest of the population had regular flu.
However, studies have show that it is possible to have the same strain of almost any virus more than once, although it is usually less severe the second/third/fourth time because of some immune response due to past exposure. It is also possible for people to be carriers.
In my view, the only way this ends is either the majority of vulnerable people get killed or they get vaccinated.
I strongly support the idea of bringing promising vaccines into use much sooner than would normally be the case because, for a vulnerable person, the chances of death from even a mediocre vaccine are likely to be far less than the chances of death from actually catching the virus.
For the record, I also strongly disagree with lockdowns because of the economic and social consequences.
If the economy becomes too weak and too overindebted due to lockdowns/shutdowns it will compromise our future ability to afford good healthcare, welfare and infrastructure.
As you may have heard, the huge government spending that was to be targeted at the North of England will now have to be scrapped because we've already spent/borrowed to much on supporting the economy during lockdowns with furlough, bounceback loans etc.
Sensible post.It was probably simply a case of it killing the majority of 'highly susceptible' or 'vulnerable' people, while most of the rest of the population had regular flu.
However, studies have show that it is possible to have the same strain of almost any virus more than once, although it is usually less severe the second/third/fourth time because of some immune response due to past exposure. It is also possible for people to be carriers.
In my view, the only way this ends is either the majority of vulnerable people get killed or they get vaccinated.
I strongly support the idea of bringing promising vaccines into use much sooner than would normally be the case because, for a vulnerable person, the chances of death from even a mediocre vaccine are likely to be far less than the chances of death from actually catching the virus.
For the record, I also strongly disagree with lockdowns because of the economic and social consequences.
If the economy becomes too weak and too overindebted due to lockdowns/shutdowns it will compromise our future ability to afford good healthcare, welfare and infrastructure.
As you may have heard, the huge government spending that was to be targeted at the North of England will now have to be scrapped because we've already spent/borrowed to much on supporting the economy during lockdowns with furlough, bounceback loans etc.
Hub said:
Getting off topic but we are still in the first wave, having suppressed it with lockdown etc.
I think crowded shops pre-lockdown caused a large surge in infections and brought forward tens of thousands of deaths.Similarly, I've had to do a lot of driving in evenings/nights the last couple of months and whenever there has been media talk of lockdowns, curfews or other restrictions, the roads go mental in the evenings as everyone rushes to meet their friends, have a meal out etc.
Pre-lockdown, in March, when there was talk of over-70s being locked down 'for their own protection' it caused crowded bank branches on the Monday morning as they all rushed out to get cash.
I was in one such crowded bank branch (depositing money) and I overheard bank staff talking about having to break open the cash machines because the counter was running out of cash!
The bank was shoulder-to-shoulder packed full of pensioners and the queue extended out the door and along the street. Just one person in the bank with the virus could have infected hundreds that day.
People change their behaviour in anticipation of a lockdown or restriction and that behaviour involves more human contact than would have been the case without talk of restrictions.
Hub said:
Vroomer said:
Has the latest round of Tier2/Tier3 gloom done anything to WBAC bids?
2012/62 Focus ST estate (doing minimal mileage atm)Sept 2019: £6,750
20 March 2020: £5,420
24 June: £7,175
14 July: £7,000
26 August £7,285
7 September £7,000
10 October £6,620
23 October £6,500
Vroomer said:
Hub said:
Vroomer said:
Has the latest round of Tier2/Tier3 gloom done anything to WBAC bids?
2012/62 Focus ST estate (doing minimal mileage atm)Sept 2019: £6,750
20 March 2020: £5,420
24 June: £7,175
14 July: £7,000
26 August £7,285
7 September £7,000
10 October £6,620
23 October £6,500
21-Nov-19 £20,500
20-Mar-20 £12,270
08-Jun-20 £18,000
22-Jun-20 £19,000
14-Jul-20 £19,500
29-Jul-20 £21,000
2-Aug-20 £21,500
19-Aug-20 £21,680
4-Sep-20 £23,000
14-Sep-20 £23,000
30-Sep-20 £22,000
7-Oct-20 £21,570
23-Oct-20 £21,710
Vroomer said:
This is exactly the sort of response I was looking for – has anyone else got such a good data track?
I was wondering what my car was worth, and, online, Arnold Clark valued it £600 more than WBAC. I have no idea what it would have been worth precovid, and I have no intention of selling, but if anyone is looking for a quick sale, it seems dealers are desperate for stock. the-photographer said:
Louis Balfour said:
Ron99 said:
Probably not.
It was probably simply a case of it killing the majority of 'highly susceptible' or 'vulnerable' people, while most of the rest of the population had regular flu.
However, studies have show that it is possible to have the same strain of almost any virus more than once, although it is usually less severe the second/third/fourth time because of some immune response due to past exposure. It is also possible for people to be carriers.
In my view, the only way this ends is either the majority of vulnerable people get killed or they get vaccinated.
I strongly support the idea of bringing promising vaccines into use much sooner than would normally be the case because, for a vulnerable person, the chances of death from even a mediocre vaccine are likely to be far less than the chances of death from actually catching the virus.
For the record, I also strongly disagree with lockdowns because of the economic and social consequences.
If the economy becomes too weak and too overindebted due to lockdowns/shutdowns it will compromise our future ability to afford good healthcare, welfare and infrastructure.
As you may have heard, the huge government spending that was to be targeted at the North of England will now have to be scrapped because we've already spent/borrowed to much on supporting the economy during lockdowns with furlough, bounceback loans etc.
Sensible post.It was probably simply a case of it killing the majority of 'highly susceptible' or 'vulnerable' people, while most of the rest of the population had regular flu.
However, studies have show that it is possible to have the same strain of almost any virus more than once, although it is usually less severe the second/third/fourth time because of some immune response due to past exposure. It is also possible for people to be carriers.
In my view, the only way this ends is either the majority of vulnerable people get killed or they get vaccinated.
I strongly support the idea of bringing promising vaccines into use much sooner than would normally be the case because, for a vulnerable person, the chances of death from even a mediocre vaccine are likely to be far less than the chances of death from actually catching the virus.
For the record, I also strongly disagree with lockdowns because of the economic and social consequences.
If the economy becomes too weak and too overindebted due to lockdowns/shutdowns it will compromise our future ability to afford good healthcare, welfare and infrastructure.
As you may have heard, the huge government spending that was to be targeted at the North of England will now have to be scrapped because we've already spent/borrowed to much on supporting the economy during lockdowns with furlough, bounceback loans etc.
Deep Thought said:
Legacywr said:
Spoke to a car dealer friend last night, business had been flying, but, he’s now seeing a real downturn in the market.
Yes seems to have kicked in the last 2 to 3 weeks.If everyone is hearing that then it's going to make people very nervous. Even if secure themselves they may not want to be seen to be splashing out if close friends or family are struggling.
Sheepshanks said:
Deep Thought said:
Legacywr said:
Spoke to a car dealer friend last night, business had been flying, but, he’s now seeing a real downturn in the market.
Yes seems to have kicked in the last 2 to 3 weeks.If everyone is hearing that then it's going to make people very nervous. Even if secure themselves they may not want to be seen to be splashing out if close friends or family are struggling.
Plus i think the lockdowns kicking in have made people realise this isnt all over.
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