Are small new cars actually scarce?
Discussion
I have been scanning sites or a few good dealers whom I know, trust and have dealt with. Their cars are usually ex- main dealer FSH , few owners, etc yet they appear silly money’ We are talking 2014/15 stuff - all good runarounds but really far from new. Are there no offers on new? As a PH I’m not usually in the new market, and yet......
Few things going on IMO:
- people that have cars like that already probably don’t feel compelled to change, particularly as a new equivalent will have £145 VED when their old one may be low or zero.
- the push for electrification may also mean they’ll hold on to what they have for a bit longer until they feel it’s better to buy an EV
- fleet average CO2 makes small simple cars more expensive if the manufacturer isn’t doing enough low CO2 sales elsewhere.
- people who need to get to work have been buying more cars instead of using public transport and that’s a popular category for a second runabout
- London ULEZ expansion in October and similar clean air zones elsewhere has pushed lots of people to change from older cars. Again, popular category for city dwellers wanting a runabout.
- people that have cars like that already probably don’t feel compelled to change, particularly as a new equivalent will have £145 VED when their old one may be low or zero.
- the push for electrification may also mean they’ll hold on to what they have for a bit longer until they feel it’s better to buy an EV
- fleet average CO2 makes small simple cars more expensive if the manufacturer isn’t doing enough low CO2 sales elsewhere.
- people who need to get to work have been buying more cars instead of using public transport and that’s a popular category for a second runabout
- London ULEZ expansion in October and similar clean air zones elsewhere has pushed lots of people to change from older cars. Again, popular category for city dwellers wanting a runabout.
Try looking for a small automatic car, the prices are even more ridiculous.
2010 pensioner spec Renault Clio in beige on beige, £4,495
https://www.ebay.co.uk/itm/234140121327?hash=item3...
2011 Mercedes E350 Cdi £4,750
https://www.ebay.co.uk/itm/124850415729?hash=item1...
Now I know the Mercedes has done 130K miles, but which would you rather buy?
2010 pensioner spec Renault Clio in beige on beige, £4,495
https://www.ebay.co.uk/itm/234140121327?hash=item3...
2011 Mercedes E350 Cdi £4,750
https://www.ebay.co.uk/itm/124850415729?hash=item1...
Now I know the Mercedes has done 130K miles, but which would you rather buy?
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