Everything revolves around money , future car legislation too ,to keep manufacturers happy the Govt will quite easily introduce car scrappage for example ,this just brings forward sales rather than actually fix anything .
The whiole Green thing is now just a sales tool , the whole worlds economy is now a disaster zone , no one knows what to do , wealth has now been split along age and income divides .
Debt is now a monster at every level ,national ,business and personal , the traditional answer has been savings but now they are for the first time ever negative ....
the numbers are truly shocking and the fixes even worse ,europe is printing 60-80 billion a month ,US just as bad , UK the same ...interest rates an all time low ,they might as well give money away -lol
in fact some places its negative !!!!
Car wise , in 8 years over 30 billion quid has been spent and all as debt , but without actually owning the asset (car) , this is simply rolled over into a new PCP , and it climbs higher -this must go horribly wrong , the used values cannot be kept high with such production numbers "sold" each year,
The finance cos are offshore and avoiding VAT on car sales,the salesmen simply want commission , no one is looking forwards .
On top of that PPI provided another 30 billion -around 30 per cent of which was spent on a new car - There are hundreds of thousands of performance cars out there now; all in the 8 year old bracket -Jags ,Beemers,Audis, Mercs ,and on and on - They cant all hold value , no matter how much people may want them to.
So today an R8 may not be 20k but in three years time ? A Bentley is today circa 20k , a M5 ? supercharged Jag, RS ? AMG ? ,corvette? - Even the rarest of the rare Pulsar has some serious competition -and all will be falling in price .
Meanwhile the younger , new generation of car buyers are all skint , almost pushed into the no deposit , 150 quid a month PCP for a new car deal , like they wont also be skint 3 years later -lol
still skint -just sign up a new PCP deal