Secondhand car price crash?
Discussion
Theoldguard said:
I was taken through some new VR tech last week, it will likely be where things go with Meta verse, incredible where this tech is going even with some set ups having real smells for certain coffees.
We are really not far away from a virtual shopping trip being the norm, you walk into a virtual showroom, talk with the salesman, take a virtual test drive, get that new car smell and place the order, sit back and wait for it to be delivered, it will likely be a similar experience when it comes to servicing an EV that can be done remotely in a virtual world.
Very impressed with the set ups I was shown even as prototypes still under development, things are moving at pace with large sums of money being invested.
Call me old fashioned, but if i've gone to the trouble of considering buying a new car, and turning up at the dealers, the very least i would expect is for the dealer to be bothered to have someone there to greet me and a demo car there for me to test drive, not to get pushed in to some simulator where i get to pretend what it might be like.We are really not far away from a virtual shopping trip being the norm, you walk into a virtual showroom, talk with the salesman, take a virtual test drive, get that new car smell and place the order, sit back and wait for it to be delivered, it will likely be a similar experience when it comes to servicing an EV that can be done remotely in a virtual world.
Very impressed with the set ups I was shown even as prototypes still under development, things are moving at pace with large sums of money being invested.
SWoll said:
2019 Model 3 SR+
2018 Disco 5 SD4 S
Both <50k miles.
cant seem to find the model 3 below 50k at 21k... or i am just blind :| https://www.autotrader.co.uk/car-search?sort=price...2018 Disco 5 SD4 S
Both <50k miles.
but found the disco 5 at 22k ...
so i am in process of getting a car via company... can do outright or lease .. but not sure which one to go for in the used area for outright one..
tesla is good with BIK rate thingy while discovery is something which is on radar too but not sure about reliability and stufff
Edit: disco 5 at 22k is the one with engine issues..
https://www.autotrader.co.uk/car-search?sort=price...Edited by karan99 on Thursday 16th March 16:02
Tonberry said:
https://www.autotrader.co.uk/car-details/202302254...
https://www.autotrader.co.uk/car-details/202302194...
aah yes.. thanks .. 2017 and more than 50k miles... was trying to find the one below 50k as mentioned by swoll... https://www.autotrader.co.uk/car-details/202302194...
Deep Thought said:
Call me old fashioned, but if i've gone to the trouble of considering buying a new car, and turning up at the dealers, the very least i would expect is for the dealer to be bothered to have someone there to greet me and a demo car there for me to test drive, not to get pushed in to some simulator where i get to pretend what it might be like.
If you have to turn up at the dealer then that's a shopping trip, not a virtual one.Sheepshanks said:
Deep Thought said:
Call me old fashioned, but if i've gone to the trouble of considering buying a new car, and turning up at the dealers, the very least i would expect is for the dealer to be bothered to have someone there to greet me and a demo car there for me to test drive, not to get pushed in to some simulator where i get to pretend what it might be like.
If you have to turn up at the dealer then that's a shopping trip, not a virtual one.I dont think too many have full on VR capability at home. Cant see that changing any time soon (they've been trying it for years).
Deep Thought said:
Sheepshanks said:
Deep Thought said:
Call me old fashioned, but if i've gone to the trouble of considering buying a new car, and turning up at the dealers, the very least i would expect is for the dealer to be bothered to have someone there to greet me and a demo car there for me to test drive, not to get pushed in to some simulator where i get to pretend what it might be like.
If you have to turn up at the dealer then that's a shopping trip, not a virtual one.I dont think too many have full on VR capability at home. Cant see that changing any time soon (they've been trying it for years).
Niponeoff said:
I think the model is right, trying to sell vehicles that are clearly not premium for a premium is the problem.Having driven a lot of SL's recently the quality was good, my mates A45AMG not so much. As an old fart I still consider Merc to start at an E class and move up from there. The rest just doesn't do it for me.
Niponeoff said:
Launching it at a time when the economy is predicted to decline in 2023, with the biggest reduction in consumer living standards/spending power in 70 years.
What could go wrong?
|https://thumbsnap.com/J4qcr4yV[/urlThe agency model might come as a shock to some manufacturers. I wonder if they'll be looking back wistfully at the days when they could demand every one of their dealers took a metallic brown manual C Class with no leather or nav at the end of the month to clear the batch they mysteriously have sitting around.
confused_buyer said:
The agency model might come as a shock to some manufacturers. I wonder if they'll be looking back wistfully at the days when they could demand every one of their dealers took a metallic brown manual C Class with no leather or nav at the end of the month to clear the batch they mysteriously have sitting around.
Used to love those days working for Audi. We seemed to do quite well and got some real nice stuff delivered. Highlight was a postbox red Allroad 3.0Tdi which strangely sold straight away..
I worked there for 4 years and we always had an A8 & RS6 on demo, never sold one of them brand new in all that time
RayDonovan said:
confused_buyer said:
The agency model might come as a shock to some manufacturers. I wonder if they'll be looking back wistfully at the days when they could demand every one of their dealers took a metallic brown manual C Class with no leather or nav at the end of the month to clear the batch they mysteriously have sitting around.
Used to love those days working for Audi. We seemed to do quite well and got some real nice stuff delivered. Highlight was a postbox red Allroad 3.0Tdi which strangely sold straight away..
I worked there for 4 years and we always had an A8 & RS6 on demo, never sold one of them brand new in all that time
Didn't think either was that rare.
Niponeoff said:
I don't think the market is ready for this for anything other than top end cars and Merc is only partially top end now. Everyone can't chase margins (up) as someone always breaks and chases volume instead. When you can get nice discounts on BMW, Audi and Volvo SUVs why pay list for a Merc?Reading further down I see that Volvo have delayed their move. Recently I was offered £16k off a new XC90. If that is done at a dealer then it has some discretion but if Volvo UK have to advertise it it has more currency and just looks stupid making the cars seem overpriced with limited demand. Which, of course, is true.
Edited by EC2 on Friday 17th March 11:36
I expect we will see a return to the days of good leasing deals once manufacturers realise that their agency model has some drawbacks in times of limited demand.
They will not want to be seen to be massively discounting list prices but I think they will be comfortable to offload volume via the leasing market.
They will not want to be seen to be massively discounting list prices but I think they will be comfortable to offload volume via the leasing market.
ChocolateFrog said:
RayDonovan said:
confused_buyer said:
The agency model might come as a shock to some manufacturers. I wonder if they'll be looking back wistfully at the days when they could demand every one of their dealers took a metallic brown manual C Class with no leather or nav at the end of the month to clear the batch they mysteriously have sitting around.
Used to love those days working for Audi. We seemed to do quite well and got some real nice stuff delivered. Highlight was a postbox red Allroad 3.0Tdi which strangely sold straight away..
I worked there for 4 years and we always had an A8 & RS6 on demo, never sold one of them brand new in all that time
Didn't think either was that rare.
My mate was the A8 "advocate" and we all took the piss considering he never shifted one brand new. Lovely cars but the 4.2V8 diesel used to make me feel sick
Changed a bit when the R8 was released as it brought a whole new customer base into the brand
Milemuncher said:
I expect we will see a return to the days of good leasing deals once manufacturers realise that their agency model has some drawbacks in times of limited demand.
They will not want to be seen to be massively discounting list prices but I think they will be comfortable to offload volume via the leasing market.
If they sell brand new cars to leasing companies at a discount and the lease company sells onto end user isn't that basically the leasing company taking the place of a dealer? That's not really a true agency model.They will not want to be seen to be massively discounting list prices but I think they will be comfortable to offload volume via the leasing market.
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