Cars not selling?
Discussion
Stuart J said:
We have an election due, guess that's a big thing driving uncertainty, may is predicted to win but if she doesn't and we get a coalition of the rest it's a scary thought so guess a few are sitting tight on buying cars
Actually not a scary thought, a feckin nightmare scenario, brexit negotiated by a coalition
Actually not a scary thought, a feckin nightmare scenario, brexit negotiated by a coalition
I feel sick just thinking about that possibility !
Chris355 said:
You don't need to talk to anyone ... you can see the same cars have been for sale for months. I'm starting to see prices are slowly reducing too (which you would never normally see this time of year).
I think the market is nervous. I suspect, like me, people are concerned about the implications of brexit, the election, car credit bubble, etc ... but then I consider +£100k in a car a significant sum of money.
Well in last couple of weeks I've sold 488 x 3, 991 GTS, Project 7, Aventador, 991 Turbo, Diablo, FF, Huracan and a Cayman.I think the market is nervous. I suspect, like me, people are concerned about the implications of brexit, the election, car credit bubble, etc ... but then I consider +£100k in a car a significant sum of money.
So I disagree the market is quiet!
Prices put me off buying used, I weighed up the options and bought a new one. Personally prices for used cars are too high. I have to wait for my car but as I am in the US for the next 4 months it's not a big issue. The difference in price between an almost new 458 and a new 488 were not large enough to put me off a new car. Plus I can spec the new car the way I want it.
I can't see a Labour win, simply because they won't win enough seats in Scotland.
I can't see a Labour win, simply because they won't win enough seats in Scotland.
WDISMYL said:
Yipper said:
Having said that, it looks increasingly like Labour are going to win the election and overtax the rich, while Brexit negotiations will probably not go well, so some people are taking a pause to "wait and see" how things pan out in the next month or so.
Ok. I bit. Yipper you do write a lot of nonsense but this comment caps them all. I have to respond. Sorry. Labour are not going to win this election. The conservatives will get their historical landslide.
And if Labour did win that super car sitting in your garage will be the least of your worries by a very long shot......
Classic Yipper
Write a load of far fetched nonsense and never appear in a thread again !
WDISMYL said:
Yipper said:
Having said that, it looks increasingly like Labour are going to win the election and overtax the rich, while Brexit negotiations will probably not go well, so some people are taking a pause to "wait and see" how things pan out in the next month or so.
Ok. I bit. Yipper you do write a lot of nonsense but this comment caps them all. I have to respond. Sorry. Labour are not going to win this election. The conservatives will get their historical landslide.
And if Labour did win that super car sitting in your garage will be the least of your worries by a very long shot......
WDISMYL said:
Yipper said:
Having said that, it looks increasingly like Labour are going to win the election and overtax the rich, while Brexit negotiations will probably not go well, so some people are taking a pause to "wait and see" how things pan out in the next month or so.
Ok. I bit. Yipper you do write a lot of nonsense but this comment caps them all. I have to respond. Sorry. Labour are not going to win this election. The conservatives will get their historical landslide.
And if Labour did win that super car sitting in your garage will be the least of your worries by a very long shot......
http://www.independent.co.uk/news/uk/politics/cons...
And by some current polls from the past few days, the Tories are set to win by only 2 seats...
You probably ought to stop reading "The Independent" for a starter......
And then go to Betfair for a more robust assessment of what the market is pricing in. Yes the market can be wrong and does move - but given all current information that is the most accurate set of probabilities for the result of the election.
Anyway thread derailed. Let's move on.
And then go to Betfair for a more robust assessment of what the market is pricing in. Yes the market can be wrong and does move - but given all current information that is the most accurate set of probabilities for the result of the election.
Anyway thread derailed. Let's move on.
WDISMYL said:
You probably ought to stop reading "The Independent" for a starter......
And then go to Betfair for a more robust assessment of what the market is pricing in. Yes the market can be wrong and does move - but given all current information that is the most accurate set of probabilities for the result of the election.
Anyway thread derailed. Let's move on.
The Indy is just reporting what the Tories said. And the Tories say they no longer expect a landslide...And then go to Betfair for a more robust assessment of what the market is pricing in. Yes the market can be wrong and does move - but given all current information that is the most accurate set of probabilities for the result of the election.
Anyway thread derailed. Let's move on.
Looked at the betting markets. Yesterday, ~60% of all bets placed in the UK went on a Labour victory...
Yipper said:
The Indy is just reporting what the Tories said. And the Tories say they no longer expect a landslide...
Looked at the betting markets. Yesterday, ~60% of all bets placed in the UK went on a Labour victory...
And which part of those two statements mean "Labour is increasingly likely to win" ?Looked at the betting markets. Yesterday, ~60% of all bets placed in the UK went on a Labour victory...
Come on 'fess up you're a teenage bedroom dreamer aren't you with your pretend super car, numerous references to remapped Golf Rs, claims of 200mph parade laps of Silverstone, Porsche's don't handle well in the wet claims, and judicious use of Wikipedia and other web resources.
ian_uk1975 said:
Can we stay on topic please.
It could be connected though.Given the (however remote) possibility of a Corbyn government, wouldn't you want to wait a couple of weeks to be certain before dropping £100k + on a Supercar? If t his is the case, expect a rebound in June when the still highly likely landslide arrives.
Yipper here are the facts:
Current market for a conservative majority 1.14 bid 1.15 ask
Current market for a labour majority 32 bid 34 ask
Those are digital odds so the actual odds are "0.145 to 1" for conservatives versus "32 to 1" for a labour majority.
Where on earth from that do you get "Labour are increasingly likely to win".
You are embarrassing yourself.
Yes the odds for the size of the majority have changed and are currently showing 75-124 as the sweet spot. Hardly a disaster!
Current market for a conservative majority 1.14 bid 1.15 ask
Current market for a labour majority 32 bid 34 ask
Those are digital odds so the actual odds are "0.145 to 1" for conservatives versus "32 to 1" for a labour majority.
Where on earth from that do you get "Labour are increasingly likely to win".
You are embarrassing yourself.
Yes the odds for the size of the majority have changed and are currently showing 75-124 as the sweet spot. Hardly a disaster!
Edited by WDISMYL on Monday 29th May 12:22
Andy 308GTB said:
Yipper said:
Looked at the betting markets. Yesterday, ~60% of all bets placed in the UK went on a Labour victory...
I'm surprised it isn't 100% of all bets, given that the odd are so short on a Tory victory.
Bremain was 1/2 odds-on the day before Brexit won...
My old car https://www.pistonheads.com/classifieds/used-cars/... has been for sale since July last year, now reduced by £5k too. Wonder if they mention to prospective buyers it had a completely rebuilt engine due to the pre cats ingesting themselves? https://m18eut.wordpress.com/f430-engine-rebuild/
ewolg said:
My old car https://www.pistonheads.com/classifieds/used-cars/... has been for sale since July last year, now reduced by £5k too. Wonder if they mention to prospective buyers it had a completely rebuilt engine due to the pre cats ingesting themselves? https://m18eut.wordpress.com/f430-engine-rebuild/
Wow, scary. Was it under warranty? What was the mileage at the time?Gassing Station | Ferrari V8 | Top of Page | What's New | My Stuff