2017 (a good year to buy a new car?)

[noway]

Ive been reading reports that last year was a cracker for new car sales (incl lease) and that this year could be far worse,so as im looking at two new cars could there be some decent deals around?

0% finance deals would be nice and some generous discounts would help too...


What do you think? or will it be buisness as usual

[FidoGoRetroGo]

It wasn't a good year for car sales, it was a good year for people getting into even greater debt and taking out PCP deals on cars they'll never own. All over the country there are people with a brand new Kia Sportage on the drive, eating food from Lidl's budget range.

http://www.bbc.co.uk/news/education-38370219

I visited a few car dealers and without fail they just wanted to know about how much I'd like to pay each month and what deposit I had. None of them, from Mini to VW to Skoda asked how much I wanted to spend on my car, because they no longer sell cars, they sell credit agreements.

[akadk]

FidoGoRetroGo said:

It wasn't a good year for car sales, it was a good year for people getting into even greater debt and taking out PCP deals on cars they'll never own. All over the country there are people with a brand new Kia Sportage on the drive, eating food from Lidl's budget range.

http://www.bbc.co.uk/news/education-38370219

I visited a few car dealers and without fail they just wanted to know about how much I'd like to pay each month and what deposit I had. None of them, from Mini to VW to Skoda asked how much I wanted to spend on my car, because they no longer sell cars, they sell credit agreements.

do you have a mobile phone ?

I'm guessing yes, and you paid for it up front £599 CASH ... ?

[akadk]

noway said:

Ive been reading reports that last year was a cracker for new car sales (incl lease) and that this year could be far worse,so as im looking at two new cars could there be some decent deals around?

0% finance deals would be nice and some generous discounts would help too...


What do you think? or will it be buisness as usual

2016 was an ALL TIME Record.

2017, although will be less, will still be regarded as a bumper year at c.2.5m units

perspective

Credit Crunch years went down to 1.8m ....

so, it will be no difference

0% and discounts will continue

[steve-5snwi]

akadk said:

do you have a mobile phone ?

I'm guessing yes, and you paid for it up front £599 CASH ... ?

I purchase my handset outright and i'm on PAYG, I'm not a fan of PCP either.

[Gregmitchell]

steve-5snwi said:

akadk said:

do you have a mobile phone ?

I'm guessing yes, and you paid for it up front £599 CASH ... ?

I purchase my handset outright and i'm on PAYG, I'm not a fan of PCP either.

I like paying monthly beating depreciation on a good deal, and changing my car every two years... we get you don't like credit, maybe invest your cash and use theirs instead?